Park Medi World Announces 100-Bed Expansion of Gurugram Hospital Facility

Park Medi World Announces 100-Bed Expansion of Gurugram Hospital Facility​

Park Medi World Limited, through its wholly owned subsidiary Umkal Health Care Private Limited, has confirmed a significant expansion plan for its existing Palam Vihar hospital in Gurugram. The facility, which is currently operated by the company, will be expanded by adding 100 new beds, bringing its total capacity to 325 beds and rebranding it as Park Hospital Platinum.

The move underscores the group's commitment to strengthening healthcare infrastructure in North India. The newly expanded unit is scheduled to commence operations in November 2026.

Operational Details of Expansion​

Umkal Health Care Private Limited currently operates a 225-bed park hospital in Palam Vihar, Gurugram. In the financial year ended March 31, 2026, this facility reported an occupancy rate of approximately 86% and generated a revenue of approximately INR 245 crores.

The expansion is strategically focused on bolstering super-specialty capabilities, enabling the hospital to deliver comprehensive tertiary care across complex medical conditions. The investment required for these additional beds is estimated at approximately INR 25 crores, which will be funded through internal accruals by Umkal Health Care Private Limited.

Upon completion of this addition, the consolidated bed capacity for Park Group in Gurugram is expected to rise to 750 beds.

Details of Facility Expansion​

A structured overview of the facility and expansion details is provided below:

Park Group's Broader Healthcare Footprint​

Park Medi World Limited is part of the larger Park Group, which is reported to be North India's second largest hospital chain. The group currently operates 16 hospitals with a combined capacity of 3,960 beds.

The group maintains a strong presence across 14 key cities, including Delhi, Gurgaon, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror, Jaipur, Agra, and Panchkula. The Park Group is actively engaged in expanding its network, with four additional hospitals currently being integrated and capacity expansion underway at two existing units, projects projected to add 1,630 beds. With these ongoing expansions, the total capacity of the Park Group is anticipated to reach 5,590 beds by March 2028.

The facilities offer a comprehensive range of super-specialities, including cardiology, neurology, oncology, orthopaedics, gastroenterology, critical care, nephrology, organ transplants, gene therapy, stem-cell therapy, and women and child health.

PARKHOSPS Stock Price Movement​

Park Medi World Limited shares are edging higher to ₹295.10 as of 9:27 AM today, climbing by 1.86% and registering a new 52-week high in the process. The stock is consolidating near its intraday peak, trading on significant momentum amidst a volume of 128,117 shares.