Max Healthcare has announced plans to establish a 130-bed hospital in Dehradun, Uttarakhand under a lease arrangement, requiring an investment of ₹170–200 crore. Developed by Goyal Agrim Infra Realty LLP, the facility is expected to be operational by 2028 to meet the city’s growing demand for tertiary care services.
The investment will cover milestone-linked deposits, stamp duty, and expenses for biomedical equipment and furnishings, funded entirely through internal accruals. The new hospital will operate under an initial 29-year lease, extendable for another 29 years. Max Healthcare’s existing Dehradun hospital is running at over 80% occupancy.
For Q1 FY26, the healthcare chain reported a 30% year-on-year growth in consolidated net profit to ₹308 crore, with revenue from operations up 31% to ₹2,028 crore. EBITDA per bed was ₹68.5 lakh, compared to ₹70 lakh last year. The company’s network of around 5,200 beds operated at over 76% capacity utilization during the quarter.
The company also shared that subsidiary Jaypee Healthcare has signed a binding term sheet to divest hospitals in Bulandshahr and Anoopshahr, aligning with its strategy to focus on super-specialty healthcare in larger cities.
Commenting on the developments, Abhay Soi, Chairman and Managing Director of Max Healthcare Institute, said: “The commissioning of the 160-bed brownfield tower at Max Mohali, along with additional brownfield capacities at Max Smart and Nanavati-Max, will significantly enhance our clinical and financial performance.”