New Delhi, June 26 -- Apollo HealthCo, the omnichannel pharmacy arm of Apollo Hospitals Enterprise Ltd, aims to grow into a Rs.30,000-crore business in 5-6 years, buoyed by its sprawling retail network, steady customer additions, and tighter cost controls, a top company official said.

"I want a valuation that is like DMart, why not?" executive chairperson of Apollo HealthCo Shobana Kamineni said in an interview. "Because of [our] retail presence, and we'll have an ebitda margin of over 8% in five years, just like any other retail with a large presence. On top of that, I'll have customer stickiness," she added.

In April 2024, Apollo HealthCo raised Rs.2,475 crore from private equity investor Advent and merged its online pharmacy Apollo 2...