Paras Healthcare Pvt. Ltd.
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Paras Healthcare Pvt. Ltd. - overview
Established
2006
Location
Gurgaon, Haryana, India
Primary Industry
Healthcare
About
Paras Healthcare Pvt. Ltd. is a multispecialty hospital network in India, delivering a wide array of healthcare services tailored to meet diverse medical needs, enhancing patient outcomes from routine care to advanced surgical procedures. Founded in 2006 and headquartered in Gurgaon, India, Paras Healthcare Pvt.
Ltd. operates a network of multispecialty hospitals. The company has undergone strategic growth, focusing on expanding its healthcare services across various regions. Shilpi Bhadani, the founder, has a history of establishing healthcare ventures.
The company raised INR 2. 75 billion in a GROWTH round from Creador in July 2017, which constituted the entirety of the funding raised to date, aiming to broaden its operational footprint. Paras Healthcare operates as a multispecialty hospital network in India, offering comprehensive healthcare services that cover various medical fields including cardiology, orthopedics, oncology, and neurology. The organization provides advanced diagnostic and surgical interventions to address multiple health issues, catering to local and international patients, as well as corporate clients requiring employee health services.
In 2022, Paras Healthcare reported a revenue of INR 104,699,861, with an EBITDA of INR 10,347,770. 7, generated through direct patient transactions and corporate healthcare partnerships, ensuring transparency in pricing and fostering long-term client relationships. The proceeds from the INR 2. 75 billion investment by Creador will support Paras Healthcare's expansion into new markets, specifically targeting Uttar Pradesh, Jharkhand, Madhya Pradesh, and Rajasthan.
The company is also evaluating five new projects aimed at enhancing its service offerings and geographic presence.
Current Investors
Creador
Primary Industry
Healthcare
Sub Industries
Hospitals
Website
www.parashospitals.com
Company Stage
Mature - Growth Capital
Total Amount Raised
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Paras Healthcare Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,393,713,970 | 1,513,319,387 | 2,856,471,271 | 3,507,818,677 | 4,122,688,026 | 4,682,206,468 | 4,984,820,000 | - | - | - |
| % Revenue Growth (YoY) | - | 8.6% | 88.8% | 22.8% | 17.5% | 13.6% | 6.5% | - | - | - |
| EBITDA (USD) | 191,667,399 | 181,165,715 | 339,744,668 | 561,957,521 | 355,957,201 | 595,131,946 | 636,950,000 | - | - | - |
| Operating Income (USD) | 149,937,891 | 116,091,264 | 171,007,259 | 407,262,526 | 138,794,456 | 372,941,576 | 389,460,000 | - | - | - |
| Operating Margin | 10.8% | 7.7% | 6.0% | 11.6% | 3.4% | 8.0% | 7.8% | - | - | - |
| % EBITDA Margin | 13.8% | 12.0% | 11.9% | 16.0% | 8.6% | 12.7% | 12.8% | - | - | - |
| NET Income (USD) | 105,431,374 | 43,323,913 | 36,273,282 | 185,928,240 | 6,542,128 | 175,002,910 | 300,450,000 | - | - | - |
| % Net Margin | 7.6% | 2.9% | 1.3% | 5.3% | 0.2% | 3.7% | 6.0% | - | - | - |
Paras Healthcare Pvt. Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Paras Healthcare Pvt. Ltd. | - |
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