About Paras Health
Overview
We are a clinical specialty-led hospital platform providing tertiary and quaternary healthcare services through a network of eight hospitals with an aggregate bed capacity of 2,211 beds as of March 31, 2026 across North India, Bihar and Jharkhand. We operate under the "Paras Health" brand, with a presence in five states and one union territory - Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur in Uttar Pradesh; Udaipur in Rajasthan; Ranchi in Jharkhand; and Srinagar in the union territory of Jammu and Kashmir. We offer several clinical specialties across our hospitals including cardiac sciences, oncology, neuro sciences, gastro sciences and orthopedics and joint replacement. Our hospitals are designed to deliver high-acuity care and offer treatments across a broad spectrum of clinical specialties, with a deep focus on cardiac sciences, oncology sciences, neuro sciences, gastro sciences, orthopedics and sports injury, and renal sciences (collectively, “CONGOR”). Our extensive 20 years of experience in the healthcare industry in North India has helped us develop a strong understanding of the region’s market dynamics. This, along with our flexible operating model have enabled us to build an asset light business with strong unit economics.
We established our first hospital in Gurugram, Haryana in 2006 with 200 beds, making us the first corporate hospital entrant among our peers in the city. (Source: CRISIL Report). We have increased our total bed capacity from 2,135 beds as of March 31, 2024 to 2,211 beds as of March 31, 2026, and are one of the largest healthcare providers in North India, Bihar and Jharkhand in terms of bed capacity as of March 31, 2026. (Source: CRISIL Report). In Gurugram, we are increasing our footprint and setting up another hospital with a bed capacity of 300 beds, which we intend to launch by Fiscal 2027, through a long-term lease arrangement. In April 2024, we entered into a lease deed to operate and manage the Gurugram II Hospital for a term of 29 years and 11 months with the option to renew the lease for a further period of 15 years on mutually agreed terms. We have issued a security deposit of ₹ 30.00 million in favour of the lessor. We are also setting up our first hospital in Ludhiana through a long-term lease arrangement and intend to launch it in Fiscal 2028 with a bed capacity of up to 500 beds.
Videos
Paras Health, Gurgaon
Paras Health, Panchkula
Paras Health, Srinagar
Paras Yash Kothari, Kanpur
Timeline view of our growth
Vision: Partner for a healthy Bharat.
Mission: To make affordable and quality tertiary health accessible to communities we serve with compassion and providing specialized tertiary medical care in Tier 2 and 3 cities, while seeking to strike a balance between providing quality healthcare services and affordability.
Brand Value Pillars: Compassion, Accessibility, Affordability, and Quality.
Strategy:
- Continue to expand our network of hospitals in North India
- Focus on scaling our operations at our newer hospitals
- Expand into new and high-end clinical programs at our hospitals supported by latest technology
- Continue to attract and retain qualified and experienced clinicians
- Continue to upgrade our digital infrastructure to improve operational efficiencies and patient experience
- Improve operating efficiencies and drive profitability
Awards & Recognition
Senior Management Personnel
Paras Health
Paras Health
Paras Health
Paras Health
Paras Health
Paras Health
Paras Health
