Dr Agarwal's to open 60 eye-care centres in 12 months, leans on retail eyewear
Dr Agarwal's Health Care plans 40 premium surgical hubs and 20 micro-market clinics over the next year, targeting 20%+ growth. With 13% of revenue from eyewear retail, it sets up a sharper challenge to Lenskart in optical retail alongside its core surgical business.
What happened
Dr Agarwal's Health Care plans 60 new eye-care centres in 12 months (40 surgical hubs, 20 micro-market clinics), targets sustained 20%+ growth, with 13% revenue
Key facts
- 60 new centres in 12 months
- 40 premium surgical hubs
- 20 micro-market clinics
- Q4 revenue ₹564.11 cr
- Q4 net profit ₹49.96 cr
- margin 28.60%
- SSSG 14%
- 23% YoY growth
- 30 lakh patients
- payer mix 63% cash / 25-27% insurance / 8-9% govt
- retail arm 13% of revenue
- market cap ₹15,172.77 cr
Why this matters
Dr Agarwal's accelerating optical footprint signals a contested eyewear retail lane where bolt-on optical chains, frame brands, and lens supply partners become more attractive defensive or offensive plays.