Yatharth to acquire Shantived Hospital in Agra, India

With the acquisition of the facility, Yatharth’s network now includes eight hospitals, with a total bed capacity of more than 2,500. Credit: PradeepGaurs / Shutterstock.com.

Yatharth Hospital & Trauma Care Services has signed an agreement to acquire Shantived Hospital in Agra, India, for Rs 2.6bn($29m) in an all-cash transaction.

The company’s shares ended the day 3.86% higher, hitting an intraday peak of Rs819.95, following the acquisition announcement, according to HDFC Sky.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Shantived Hospital currently operates approximately 150 beds, with the potential to expand to 250 beds.

In financial year 2025 (FY2025), the hospital reported revenues of approximately Rs500m, and had an occupancy rate of 35%.

The NABH-accredited facility is empanelled with government health schemes and insurers, enhancing patient accessibility.

This acquisition aligns with the strategy of Yatharth to capitalise on the increasing demand for healthcare in Tier-II cities, such as Agra.

The facility covers an area of approximately 165,000ft² and was inaugurated in February 2021.

Yatharth Group operates super-speciality and multi-speciality hospitals in Noida, Greater Noida, Noida Extension, Faridabad, and Jhansi-Orchha.

With the acquisition of the hospital in Agra, Yatharth’s network now includes eight hospitals with a total bed capacity exceeding 2,500.

Yatharth Hospitals director Yatharth Tyagi said: “This strategic acquisition strengthens Yatharth Hospital’s footprint in Uttar Pradesh and enhances our position as an integrated healthcare leader in North India.

“By establishing the first corporate hospital in the city of Taj, we aim to serve a large population whose need for advanced super speciality care has remained underserved.

“With excellent connectivity via the Delhi-Agra highway and Yamuna Expressway, the facility will also serve as a feeder for oncology and organ transplant patients to our established hospitals across the NCR region.”

The facility aims to contribute to Yatharth’s revenue and profitability from the first day of integration, with strategies in place to improve occupancy and operational efficiency.

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights. 

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}