Metropolis Healthcare has announced the successful purchase of Ambika Pathology Laboratory, based in Kolhapur, for ₹17 crore. The deal, structured as a slump sale, was agreed with the laboratory’s sole proprietor, Dr. Rajendra Sadashiv Patil. Of the total price, ₹1.7 crore will be paid as deferred consideration, with the balance settled in cash.
Ambika Pathology is NABL-accredited and operates a network of 12 patient collection centres. It draws about three-quarters of its revenue from direct walk-in customers. Over the past three financial years, its turnover has gradually increased: approximately ₹6.7 crore in FY23, ₹7.1 crore in FY24, and about ₹7.96 crore in FY25.
Ameera Shah, Metropolis’ promoter and Executive Chairperson, said the acquisition strengthens the company’s presence in Western Maharashtra, where nearly 40% of its revenue originates. She explained that Ambika Pathology fits naturally into Metropolis’ strategy of building regional clusters under its “String of Pearls” growth model.
This purchase marks Metropolis’ fourth acquisition in the past ten months, following earlier deals involving Dr Ahuja’s Pathology in Dehradun, Scientific Pathology in Agra, and Core Diagnostics in the Delhi NCR region.