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About Metropolis Healthcare

Metropolis Healthcare Limited is one of the leading diagnostics companies in India. It owns a chain of diagnostic centres across India, South Asia, Africa and the Middle East. The Chairman, Dr Sushil Shah, founded the company in 1981 and established the first referral laboratory. In 1992, It started clinical research services. The company continued its organic growth and finished its first major acquisition of Sudharma in Kerala in 2001. During the same year, the company started the home service vertical.  In 2013, it expanded the services of Metropolis to developing African countries. After three years, the company inducted the new professional management team and rolled out Metropolis's retail strategy in 2016. The company was listed on the Indian stock exchanges successfully in 2019 after an IPO to the public. In 2023, it launched Metropolis 3.0 strategy to broaden its consumer reach via the Direct to Consumer (D2C) model with a focus on building chronic and wellness businesses.

Business Segments

  • Pathology Testing Services: Under this segment, the company provides services such as Blood Tests, Diagnostics and Wellness services. It has operations across India, Africa, South Asia, and the Middle East.
  • Corporate Wellness: Under this segment, it ties up with organisations and provides pre-employment check-ups, employee health plans, and annual check-ups for corporates to build a healthy workforce. 
  • Lab in Hospitals: The company partners with hospitals to provide diagnostics services. Currently, it is a partnership with many hospitals across geographies and offers full-scale in-house pathology services and solutions.
  • Clinical Research Services: It offers analytical and support services such as logistics and EDI to contract research organisations for their clinical research projects.
Subsidiaries As of March 31, 2023, the company had 11 subsidiaries and a few of them are listed below:
  • Amin's Pathology Laboratory Private Limited: It is a wholly-owned subsidiary which provides over 50 different types of medical with the latest and the best automated equipment.
  • Centralab Healthcare Services Private Limited: This is a wholly owned subsidiary which is engaged in providing healthcare services to customers.

Key Personnel:

Dr Sushil Shah, Chairman and Executive Director Dr. Sushil Shah is the Founder and Chairman of the company. He completed his M.B.B.S. in 1972 and M.D. in Pathology and Bacteriology from Grant Medical College in 1975. In 1978, he received a Research Fellowship in Endocrine Pathology at the esteemed Cornell Medical Centre. Ms Ameera Shah,  Promoter and Managing Director  Ms Ameera Shah is the Promoter and Managing Director of the company. She is a global thought leader in the healthcare industry and played an instrumental role in changing the pathology industry landscape in the country. 

Corporate Action

The company has no history of bonus issues, stock splits and other corporate actions.

Parent Organisation
Indian Private
Managing Director
Sushil Kanubhai Shah
Founded
2000
NSE Symbol
METROPOLIS

Peer Comparision

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Community Discussion

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10th July 2024
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10th July 2024
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Metropolis Healthcare Ltd FAQs

Metropolis Healthcare Ltd (METROPOLIS) share price as of July 18, 2024, on NSE is Rs 2031.05 (NSE) and Rs 2031.05 (BSE) on BSE.
Yes, You can buy Metropolis Healthcare Ltd (METROPOLIS) shares by opening a Demat account with Angel One.
Metropolis Healthcare Ltd (METROPOLIS) share can be bought through the following modes:
1. Direct investment: You can buy Metropolis Healthcare Ltd (METROPOLIS) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Metropolis Healthcare Ltd (METROPOLIS) shares.
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