Narayana Hrudayalaya acquires UK hospital division, eyes strong returns

Narayana Hrudayalaya Limited announced the acquisition of the hospitals division of UK-based Practice Plus Group Hospitals Limited. An investor call on November 3, 2025, discussed the strategic rationale and the acquisition of this specific asset. The acquired entity is being purchased on a debt-free basis, with Sandhya J. clarifying that only regular creditors and lease liabilities will be taken over. The seller will manage existing term loans.

The investor call revealed the acquired hospitals division generated an EBITDA of £29 million for FY25, post-IFRS and before lease costs. The company aims for a return on capital employed (ROCE) of 20%-22% by FY29-30, viewing the acquisition as EPS neutral to mildly positive in the first year. The acquired entity has 330 operational beds, with utilization around 50%-55%.

Narayana Hrudayalaya's board of directors is scheduled to meet on Friday, November 14, 2025, to consider and approve the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.