KIMS Hospitals is expanding its footprint by establishing a new super speciality hospital in Chennai, Tamil Nadu. The company has entered into a leave and license agreement with Andhra Mahila Sabha to lease approximately 1.168 acres of land for this purpose. The new facility represents KIMS’s entry into the Tamil Nadu market and is expected to enhance its operational performance and long-term financial returns. The project investment is expected to be around Rs. 300 Cr.
Chennai Hospital Project
Krishna Institute of Medical Sciences Limited (KIMS Hospitals) has announced its expansion into Chennai, Tamil Nadu. This strategic move involves establishing a super speciality hospital on land leased from Andhra Mahila Sabha, marking the company’s entry into a new geographic market. The land admeasures approximately 1.168 acres (equivalent to 21.19 Grounds) and is located at Dr. Durgabai Deshmukh Road, Raja Annamalai Puram, Chennai.
Key Project Details
The project involves a long-term lease arrangement to facilitate the construction of a new super speciality hospital. The investment in the project is expected to be around Rs. 300 Cr, which will be funded through a combination of bank loans and internal accruals.
Capacity Expansion Plans
KIMS Hospitals plans to add approximately 300 beds to its existing capacity through this new facility. The company, along with its subsidiaries, currently has an overall bed capacity of over 8800 beds as of September 30, 2025. The new hospital is projected to establish a significant presence in Tamil Nadu.
Strategic Rationale
The Chennai expansion represents a strategic milestone for KIMS Hospitals, as it establishes the company’s first presence in Tamil Nadu. This expansion is expected to drive improved operational performance and contribute to sustainable long-term financial returns for the company.
Source: BSE
