Max Healthcare to Build ₹1,400 Cr Lucknow Hospital

Max Healthcare Lucknow operations will expand significantly with the construction of a new tertiary care hospital. Notably, the healthcare chain’s board approved a ₹1,400 crore investment for this 712-bed greenfield facility. Additionally, the proposed hospital will occupy a prime five-acre land parcel at Shaheed Path. Consequently, this project marks the company’s second hospital in the capital of Uttar Pradesh.

The Strategic Vision Behind Max Healthcare Lucknow

Max Healthcare aims to commission this state-of-the-art facility by the financial year 2030. Moreover, the company targets operating a total of 10,000 beds across its network by FY30. Specifically, the corporate hospital group is aggressively targeting both greenfield and brownfield expansion opportunities. For instance, Max recently acquired a controlling 58.3% stake in Odisha-based Kalinga Hospital. Subsequently, the management plans to upgrade this newly acquired 250-bed Bhubaneswar facility, ensuring staff are well-equipped to provide advanced care through foundation comprehensive training for new doctors.

Financial Highlights and Network Growth

Meanwhile, Max reported robust financial growth during the fourth quarter of fiscal year 2026. Consequently, gross revenue increased by 10% year-on-year to reach ₹2,664 crore. Furthermore, network operating EBITDA rose by 8% to ₹682 crore during the same period. However, rising clinician costs slightly compressed the overall operating margins for the quarter. Because of this, the management continues to optimize resource utilization across all active units, including enhancing the capabilities of their emergency medicine departments. Ultimately, the chain closed FY26 with an increased total capacity of 4,966 beds.

Frequently Asked Questions

Q1: When will the new Lucknow facility become operational?

Max Healthcare expects to commission the new 712-bed hospital by FY30. Additionally, this facility will help meet the rising demand for quality medical care in Uttar Pradesh.

Q2: What is the total investment allocated for the Lucknow hospital?

The board approved an investment of approximately ₹1,400 crore for this greenfield project. Notably, this massive investment covers construction on a five-acre land parcel.

Q3: How many total beds does Max Healthcare currently operate?

Currently, Max Healthcare operates a network with a total capacity of 4,966 beds as of FY26. However, the company aims to scale this to 10,000 beds by FY30, continuing to prioritize clinical excellence through high-quality general practice and specialized care.

References

1. Max Healthcare to set up 712-bed facility in Lucknow for ₹1,400 cr – ETHealthworld
2. Max Healthcare steps up hospital expansion with new Lucknow project, phased bed additions – BusinessToday
3. Max Healthcare posts 16% revenue surge in FY26, accelerates corporate expansion with new regional hospital acquisitions – Pharmabiz.com

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