Friday, 30 October 2026 NSE & BSE filings, as they land
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Expansion

Lotus Eye Hospital Opens 11th Branch in Erode; Expands Tamil Nadu Healthcare Network

Lotus Eye Hospital and Institute Ltd has officially commenced operations at its 11th branch in Erode, Tamil Nadu, as of October 30, 2026. The new facility was inaugurated by state ministers and local legislators, marking a key step in the company's regional growth strategy.

Surgeons performing eye surgery in a New Delhi hospital operating room. Stock photo illustrating Lotus Eye Hospital and Institute's expansion story.
Photo: Delhi Eye Centre / Pexels
Key numbers
Market Cap ₹226.99 CrSmall Cap
Revenue Qtr ₹17.06 Cr+26.19% YoY
P/E TTM 1520.4Sector 55.2
RSI 45.25Neutral Zone

Key highlights

  • 11th branch at Erode, Tamil Nadu, commenced operations on October 30, 2026
  • Inaugurated by Tamil Nadu Minister for Handlooms and Textiles, Thiru M. Vijay Balaji
  • Company reported Q1 FY27 operating revenue of ₹17.06 crore
  • Net profit for the June 2026 quarter grew 12.65% year-on-year to ₹0.61 crore
  • Expansion aligns with management's goal to add 4-5 centers across South India

New Facility Launch in Western Tamil Nadu

Lotus Eye Hospital and Institute Ltd has expanded its clinical footprint with the opening of its 11th branch in Erode, Tamil Nadu. The facility began operations on October 30, 2026, following a high-profile inauguration attended by Thiru M. Vijay Balaji, the Minister for Handlooms and Textiles, and local Members of the Legislative Assembly from Erode West and Modakkurichi.

Thiru K.A. Sengottaiyan, Minister for Revenue and Disaster Management, also graced the event virtually. The leadership team, including Managing Director Ms.

Sangeetha Sundaramoorthy and Director Dr. K. S.

Ramalingam, was present to mark the commercial activation of the new center.

Strategic Footprint and Network Coverage

  • Erode Branch: Newest facility located in a key healthcare hub of Tamil Nadu
  • Salem Center: Operations located at Brindhavan Road, Fairlands
  • Tirupur Facility: Established presence at Kamaraj Road, Thennampalayam
  • Mettuppalayam Branch: Situated on the Coimbatore Main Road hub
  • Kerala Operations: Multiple centers operating in Kochi at SA Road and Mulanthuruty
  • Regional Hubs: Additional branches active in Karur and Gobichettipalayam

Financial Performance and Growth Targets

The expansion follows a period of significant top-line growth for the company. In the quarter ended June 30, 2026, Lotus Eye Hospital reported revenue of ₹17.06 crore, a 25.34% increase from the previous quarter. Operating profit margins stood at 17.26% for the same period.

While the current P/E ratio of 1520.41 is elevated relative to the sector average of 52.34, the company is focusing on a long-term rollout of 4 to 5 additional centers. Management has previously indicated a target EBITDA margin of 20% to 25% as newly launched branches reach their 18 to 24-month operational breakeven phase.

Lotus Eye Hospital And Institute · share price, past month

Corporate Acknowledgement

We extend our sincere gratitude to all our stakeholders for their continued trust, valuable contributions and unwavering support in strengthening the Companys growth and advancing the legacy of the Company.

— Prathish S, Company Secretary & Compliance Officer, Lotus Eye Hospital

What to watch next

  • Declaration of Q2 FY27 financial results scheduled by November 14, 2026
  • Updates on the planned rollout of 4-5 additional centers across Tamil Nadu and Kerala
  • Breakeven progress of the Erode branch over the next 18 to 24 months
Lotus Eye Hospital And Institute · financial snapshot
Share price₹109.15
Market capitalisation₹226.99 Cr
Revenue (annual)₹53.71 Cr
Net profit (annual)₹0.08 Cr
Revenue (latest quarter)₹17.06 Cr+25.34% vs previous quarter
Net profit (latest quarter)₹0.61 Cr+292.08% vs previous quarter
P/E (TTM)1520.41×Sector 52.34×
Promoter holding40.14%0.00% QoQ
FII holding0%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Lotus Eye Hospital and Institute Ltd announcing the opening of its 11th branch in Erode. Market figures from a third-party data provider.

Read the filing ↗
Every Lotus Eye Hospital And Institute announcement on ALFA FilingsSee filings →

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