Aster DM Healthcare (ASTERDM) Investor presentation summary

Strategic vision and values

• Committed to accessible, affordable quality healthcare with a global vision and strong core values of excellence, respect, compassion, passion, integrity, and unity.

Business overview and operational scale

• Operates 20 hospitals with 5,449 beds across 16 cities and 5 states, supported by 10 clinics, 304 labs, and 203 pharmacies as of March 2026.

• Achieved 61% occupancy, 3.1 days average length of stay, and INR 51,800 ARPOB in FY26.

• Revenue reached INR 4,643 Cr in FY26, with a 3-year CAGR of 16% and operating EBITDA margin of 20.4%.

Merger with Quality Care India Limited (QCIL)

• Approved merger with QCIL, creating one of India's top 3 hospital chains with 10,623 beds and INR 9,273 Cr revenue.

• Merged entity, Aster DM Quality Care Limited, will have 57.3% Aster and 42.7% QCIL shareholding.

• Merger is cash neutral, expected to be EPS accretive from the first full year, and jointly controlled by Aster promoters and Blackstone.