Dr Agarwals Eye Hospital Share Price

Founded in 1957, Dr. Agarwals Eye Hospital Limited was incorporated on April 22, 1994. The Company is a leading chain of eye hospitals with predominant presence in Tamil Nadu. It has pioneered into the Indian Ophthalmology market in the eye care division and provides comprehensive services in the eyecare segment including Cataract, Glaucoma, Laser Correction, Cornea and Refractive, Retina, and Squint among others. It has presence in Tamil Nadu, Kerala and Rajasthan states. The Company is primarily engaged in running, owning and managing eye care hospitals, opticals, pharmacies, etc. and related services. In 1957, the late parents Dr Tahira Agarwal and Dr Jaiveer Agarwal, opened the first Dr. Agarwals Eye Hospital as a single facility in Chennai. Till 30 Sep.94 the eye care facility was provided by the family through various partnership firms owned by the family members. In 199596, the company commenced commercial production of pharmaceutical products in a limited way.During 199697, it installed Lasik Excimer Laser which is of its only kind in India and the company has been constantly striving to update the surgical techniques by adopting innovative methods and by employing the latest equipments both for Surgery and Research.During 2004, the Hospital started their Jaipur branch. It opened a Medical Enclave at Nungambakkam, Chennai and a Franchisee Centre at Thiruvanmyur, Chennai as Referral Centres of the Hospital. The Hospital carried out eye transplant operations. Teleophthalmic service was started by the Hospital during 2005. 14 new hospitals started their operations during the year 2008 in various parts of Chennai city and Tamil Nadu and Andhra Pradesh.The Company relocated Salem branch during the financial year 202021. In FY 2022, it added a branch in Kallakurichi. It had 3 centres across the core markets as pilot projects Gowriwakkam, Ambur, and Valliyur. In FY22, the Hospital initiated the process of establishing a new centre on Cathedral Road.During the FY 2023, the Company opened a branch in Nagercoil, and entered the Kerala market with a stateoftheart branch in Cochin. The Company opened 3 vision centres in Chengalpattu, Gudiyattam, and Sankarankovil.The shareholders of the Company has approved a proposal for the merger of the Company with Dr. Agarwals Health Care Limited (AHCL) in FY 2026, which is under process.