Dr. Agarwal's Health Care Limited IPO (Dr. Agarwal's Health Care Limited IPO ) Details

Incorporated: 2010
Industry: Healthcare (Eye Care Services)

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Business Description

Dr. Agarwal's Health Care Limited is India's largest eye care services provider, offering a comprehensive range of treatments and products related to eye health. The company specializes in cataract and refractive surgeries, as well as consultations, diagnostics, and non-surgical treatments.

Additionally, the company sells optical products, contact lenses, accessories, and eye care-related pharmaceutical items, providing an end-to-end solution for patients.

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Key Services

1. Cataract Surgeries:

   • Small Incision Cataract Surgery
   • Phacoemulsification
   • Robotic Cataract Surgery
   • Glued Intraocular Lens Treatments

2. Refractive Surgeries:

   • LASIK
   • SMILE (Small Incision Lenticule Extraction)
   • Implantable Collamer Lenses (ICL)
   • Photorefractive Keratectomy (PRK)

3. Other Surgeries:

   • Surgical retinal treatments
   • Corneal transplantation and pinhole pupilloplasty
   • Oculoplasty
   • Surgeries for glaucoma and pterygium

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Operational Highlights (As of September 30, 2024)

• Doctors: 737
• Patients Served: 2.13 million annually (1.15 million in the last six months)
• Surgeries Performed: 220,523 annually (140,787 in the last six months)
• Network:
  • 28 hubs (tertiary facilities, including three Centers of Excellence - COEs)
  • 165 spokes (53 primary and 112 secondary facilities)
• Geographical Presence:
  • 193 Facilities across 117 metro and non-metro cities in 14 states and 4 union territories

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Competitive Strengths

1. Largest Eye Care Provider in India:

   • Trusted and recognized brand with extensive operational reach.

2. Comprehensive Services:

   • End-to-end solutions, from diagnostics to surgical treatments and optical products.

3. Scalable Hub-and-Spoke Model:

   • An asset-light approach allowing for efficient scaling and accessibility.

4. Proven Clinical Excellence:

   • Strong clinical board with a history of surgical innovations and consistent care quality.

5. Doctor-Promoter Leadership:

   • A team of qualified medical professionals led by doctor-promoters, supported by an experienced management team.

6. Track Record of Growth:

   • Organic growth, successful acquisitions, and improved operational profitability demonstrate consistent business success.

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Conclusion

Dr. Agarwal's Health Care Limited is a leader in eye care, leveraging its trusted brand, robust network, and innovative treatment options. With its scalable hub-and-spoke model and dedicated team, the company has consistently delivered quality care and expanded its footprint across India. It remains a cornerstone in India's healthcare ecosystem.