Lakeshore Hospital Unlisted Shares

Financial Snapshot 

Summary:
FY25 saw steady topline growth, but profitability moderated due to higher operating costs, depreciation, and tax expenses, resulting in margin compression at the EBITDA and PAT level

Industry Overview — Hospitals & Healthcare Services (India)

Lakeshore Hospitals operates in India’s organised hospital and healthcare services sector, a structurally growing and largely non-cyclical industry.

• Demand-led growth: Driven by rising lifestyle diseases, ageing demographics, higher healthcare awareness, and increasing insurance coverage.

• Shift to organised care: Patients increasingly prefer accredited, multi-specialty hospitals with advanced clinical capabilities.

• Cost structure dynamics: Margins are sensitive to manpower costs, consumables, energy expenses, and depreciation from continuous capex.

• Medical tourism: India continues to attract international patients for complex procedures at competitive costs.

• Long-term outlook: Stable, long-duration growth with near-term performance linked to occupancy levels, case-mix optimisation, and operating efficiency.

Lakeshore Hospital and Research Centre Annual Report 2021-22

Lakeshore Hospital and Research Centre Annual Report 2022-23

Lakeshore Hospital and Research Centre Annual Report 2023-24