
Vijaya Diagnostic Centre Limited (NSE: VIJAYA | BSE: 543350) – Strategic Acquisition of Arya Wellness Centre
Vijaya Diagnostic Centre Limited (NSE: VIJAYA | BSE: 543350) – Strategic Acquisition of Arya Wellness Centre
Introduction
On 11 September 2026, Vijaya Diagnostic Centre Limited filed a press‑release with the NSE and BSE, announcing the execution of a Business Transfer Agreement (BTA) to acquire 100 % of Arya Wellness Centre, a B2C‑focused integrated diagnostic business in Guwahati, Assam.
Key Details of the Acquisition
- Target: Arya Wellness Centre (joint venture of NEMRIL & Hexagonal Research Pvt. Ltd.)
- Location: GS Road, Guwahati – the principal healthcare hub of North‑East India
- Consideration: ≈ ₹46 crore (slump‑sale basis)
- Valuation: 8–9 × FY26 IND‑AS EBITDA of the target
- Closing Timeline: Expected within ≈ 3 months, subject to customary conditions precedent
- Deal Structure: Business Transfer Agreement (BTA) – EPS accretive from day one
Financial Highlights of Arya Wellness Centre (FY26)
| Metric | Amount |
|---|---|
| Revenue from operations | ≈ ₹26 crore |
| Business mix | 56 % Pathology, 44 % Radiology |
| IND‑AS EBITDA | ₹5.6 crore |
| IND‑AS Adjusted PAT | ₹2.5 crore |
| B2C contribution | > 85 % of revenue |
Strategic Rationale
- Geographic expansion: First foothold in the North‑East, complementing existing presence in West Bengal and creating a platform for further regional growth.
- Business model fit: Arya Wellness Centre operates an “All Under One Roof” integrated diagnostics model, aligning with Vijaya’s B2C‑focused growth strategy.
- Operational synergies: Access to a fully equipped centre offering MRI, CT, ultrasound, mammography, X‑ray, pathology, interventional radiology, and histopathology.
- Revenue diversification: Adds a profitable, high‑margin B2C operation to Vijaya’s portfolio, enhancing overall earnings per share.
Management Commentary
- Suprita Reddy, MD & CEO – Emphasised the acquisition as a “milestone” that strengthens Vijaya’s high‑quality, integrated diagnostics network and provides a gateway to the North‑East market.
- Narasimha Raju K A, CFO – Highlighted disciplined capital allocation, the 8–9 × EBITDA valuation, and immediate EPS accretion. Stressed continued focus on both organic and inorganic growth opportunities.
- Siva Rama Raju Vegesna, COO – Outlined the plan for a seamless transition, retention of the experienced clinical team, and leveraging Vijaya’s operating expertise to expand across Assam and the broader region.
Regulatory Filing
- The announcement complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The press release was submitted to the Listing Departments of both NSE and BSE, with the accompanying digital signatures of the CFO.
Outlook & Risks
- Closing Conditions: Transaction remains subject to standard conditions precedent; any delay could affect the anticipated EPS accretion.
- Forward‑looking statements: The release contains forward‑looking remarks that are subject to risks including economic changes, tax law modifications, litigation, and labour relations, which could cause actual results to differ.
For further information, investors may contact Mr. Dhiren Gala, Head of Investor Relations & Corporate Development, at +91 90598 93206 or dhiren.g@vijayadiagnostic.in.
The acquisition of Arya Wellness Centre's diagnostic business for ₹46. 20 crore cash is highly accretive strategically and financially. Financially, Vijaya acquires a target with ~₹26.
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Forecast from comparable, historic events. Not investment advice.
Original Source Document
View the original exchange filing or announcement.
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