Jupiter Life Line Hospitals is on track to double its bed capacity over the next three to five years, which is expected to also more than double its revenues during the same period, according to CEO Ankit Thakker.

"Over the next three to five years, as the new hospitals become operational and capacity doubles, revenues will also double. We have about 1,000 beds under construction already, 500 in MMR in Palava region, 500 more in Pune, and we are looking at some more western India opportunity,” Thakkar said.

He highlighted the addition of 17 beds at the Indore hospital, taking the total operational capacity to 1,061 beds as of January 1, 2025.

The company typically scales up capacity once occupancy reaches around 60% at existing facilities, ensuring a steady growth trajectory.

Thakker also maintained that Jupiter Lifeline targets EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin for 2024-25 (FY25) of around 25% although margins may vary slightly based on the maturity of individual facilities