Apollo Hospitals to add 4,400 beds with ₹5,100 cr capex; demerges HealthCo by Q4 FY27

FY26 revenue rose 16% to ₹25,229 cr and PAT jumped 34% to ₹1,942 cr. Apollo plans to nearly double its 8,131-bed footprint over five years while spinning off pharmacy and digital arm Apollo HealthCo, whose revenue grew 19% to ₹10,808 cr, into a listed consumer healthcare platform.

— Source publishedThu, 21 May, 2026, 12:39 IST·First seen Thu, 21 May, 2026, 12:56 IST·Source Business Today · Latest

What happened

Apollo Hospitals plans 4,400 new beds over five years with ₹5,100 crore capex, posted FY26 revenue of ₹25,229 crore (+16%), and will demerger pharmacy/digital

Key facts

  • 855 beds commissioned
  • 4,400 beds planned over 5 years
  • ₹5,100 crore capex
  • FY26 revenue ₹25,229 crore (+16%)
  • PAT ₹1,942 crore (+34%)
  • HealthCo revenue ₹10,808 crore (+19%)
  • 8,131 beds total
  • 68% occupancy
  • ARPOB ₹71,206 (+12%)
  • Apollo 247 GMV ₹2,037 crore
  • 69,000 daily orders
  • 7,289 pharmacy stores
  • 176 stores added
  • Cradle-Cloudnine deal ₹1,550 crore

Why this matters

The ₹5,100 cr brownfield push and HealthCo carve-out signal Apollo's intent to consolidate hospitals under one entity while creating an acquisition-ready pharmacy-digital platform.