Metropolis fuels North India push with ₹35 Cr acquisition of Dehradun diagnostic chain, ET HealthWorld


Mumbai: Metropolis Healthcare’s wholly owned subsidiary, Metropolis Histoxpert Digital Services (MHDS), has announced plans to acquire Dehradun-based Dr. Ahuja’s Pathology & Imaging Centre, further expanding its footprint in North India.

Under a business transfer agreement, Metropolis will acquire 100 per cent ownership of the diagnostic service provider in an all-cash deal valued at ₹35.01 crore.

According to the company, Dr. Ahuja’s Pathology & Imaging Centre recorded an estimated annual revenue of ₹11.5 crore (unaudited) in FY 2024–25, with pathology services contributing 73% and radiology accounting for the remaining 27 per cent.

The diagnostic chain operates two laboratories accredited by NABL and NABH, 11 patient service centres, and nine hospital-based centres.

Commenting on the acquisition, Ameera Shah, Promoter and Executive Chairperson of Metropolis Healthcare Limited, said, “We are further strengthening our ‘String of Pearls’ strategy—aimed at building a robust and regionally diverse diagnostic network across North India. These strategic moves have expanded the North India contribution to our overall revenues from 8% to an estimated 14–15%.”

Surendran Chemmenkotil, Chief Executive Officer, Metropolis Healthcare Limited, added, “Uttarakhand is one of the fastest-growing diagnostic markets in North India, valued at approximately ₹500 crore. This integration will enhance both our B2B and B2C reach with a comprehensive test portfolio, including specialized diagnostics.”

This marks Metropolis’s second acquisition in the past month, following the purchase of Agra-based Scientific Pathology as part of its western Uttar Pradesh expansion plans.

  • Published On Apr 7, 2025 at 11:30 AM IST

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