HCG · Healthcare Global Enterprises Ltd · Healthcare Facilities
HCG · Healthcare Global Enterprises Ltd · Healthcare Facilities
As of 05 Nov close
52-week range
21.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹693 Cr
Revenue YoY
PAT YoY
+189.9%
Operating margin
Revenue, last 5 quarters
Source: Yahoo Finance, as of 30 Jun 2026
P/E (TTM)
P/B
6.4
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
Not available from data source
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| HCG (this stock) | 381.6 | 6.4 | +0.9% | +1.0% | 1.3 | Not available from data source |
| Apollo Hospitals Enterprise | 63.7 | 13.2 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Max Healthcare Institute | 65.1 | 9 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Manipal Health Enterprises Ltd | 99.6 | 11.2 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
Promoter
stable
FII
stable
MF
15.43% (+0.12pp)
rising 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 28 Sept 2026 | ASHWINI P KAVADIMATTI | SELL | 500 | ₹3.43 lakh |
| 25 Sept 2026 | ASHWINI P KAVADIMATTI | SELL | 5,000 | ₹34.93 lakh |
| 13 Aug 2026 | Sunu Manuel | SELL | 38,799 | ₹2.8 Cr |
| 11 Aug 2026 | Sunu Manuel | SELL | 27,000 | ₹1.91 Cr |
| 03 Jun 2026 | NIKUNJ RAMNIKLAL BHAMBHA | SELL | 1,530 | ₹9.65 lakh |
| 29 May 2026 | Sunu Manuel | SELL | 4,201 | ₹27.81 lakh |
| 27 May 2026 | Yuva Kishore Terli | SELL | 3,000 | ₹19.8 lakh |
| 26 May 2026 | Punitha Rani Singh | SELL | 2,002 | ₹13.07 lakh |
| 30 Mar 2026 | Bharatsinh S Gadhavi | SELL | 13,869 | ₹72.04 lakh |
| 27 Mar 2026 | Dr B S Ajaikumar | BUY | 7,70,982 | ₹39.47 Cr |
| 27 Mar 2026 | AAGNIKA AJAIKUMAR | BUY | 19,250 | ₹98.56 lakh |
| 27 Mar 2026 | Hector Asia Holdings II Pte. Ltd. | BUY | 51,18,036 | ₹262 Cr |
| 27 Mar 2026 | CATALYST TRUSTEESHIP LIMITED | BUY | 14,708 | ₹75.3 lakh |
| 25 Mar 2026 | Bharatsinh S Gadhavi | SELL | 51,131 | ₹2.73 Cr |
| 06 Mar 2026 | SUNU MANUEL | BUY | 10,000 | ₹55.53 lakh |
| 27 Feb 2026 | Vijay S Shanbhag | BUY | 18,000 | ₹1.04 Cr |
| 29 Dec 2025 | Sudeep Dey | SELL | 40,000 | ₹2.67 Cr |
| 26 Dec 2025 | Ashutosh Kumar | SELL | 4,699 | ₹31.72 lakh |
| 20 Nov 2025 | Ruby Ritolia | SELL | 10,070 | ₹75.1 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowthehindubusinessline.com· 18 Aug 2026, 01:30 pmHCG begins patient treatment on Karnataka's first Elekta Unity MR-Linac, bringing MR-guided adaptive radiation therapy to the state
Concalls & investor presentations
AI-generatedKey takeaway: HealthCare Global Enterprises Limited (HCG) held its Q1 FY27 earnings conference call on August 7, 2026, to discuss its unaudited financial results for the quarter ended June 30, 2026. Management reported a revenue of INR 6,951 million, reflecting a 13% year-on-year growth, with 16 out of 25 centers achieving their highest quarterly revenues. The North Bangalore hospital, which began operations in May 2026, contributed INR 67 million in its first quarter. EBITDA for the quarter was INR 1,223 million, with adjusted EBITDA increasing by 20% year-on-year to INR 1,339 million, resulting in an EBITDA margin improvement to 19.4%. Management highlighted a strategic focus on enhancing operational excellence, improving patient experience, and optimizing revenue mix. The company also discussed its capacity expansion plans, including the addition of 121 operational beds and ongoing investments in advanced technologies. Overall, management expressed confidence in the company's growth trajectory and operational performance.
Management emphasized strong revenue growth and operational improvements.
Sourced from an exchange-filed transcript, dated 10 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HealthCare Global Enterprises Limited (HCG) reported its unaudited financial results for the quarter ended June 30, 2026, during the investor presentation dated August 6, 2026. The company achieved a revenue of INR 6,951 million, reflecting a 13% year-on-year growth, driven by an 11% increase in patient volumes. Adjusted EBITDA rose by 20% to INR 1,339 million, with margins improving to 19.4%. The presentation highlighted the operationalization of the North Bengaluru hospital, which added 120+ beds and contributed INR 67 million in revenue during its first quarter. HCG also completed a rights issue to strengthen its balance sheet and enhance financial flexibility. The company emphasized its strategic focus on core oncology, operational excellence, and capacity expansion, with plans to add 1,000 beds by FY30, primarily through brownfield expansion. The management underscored the importance of enhancing patient experience and optimizing costs.
The presentation highlighted growth in revenue and operational capacity, indicating a focus on strategic advancements.
Sourced from an exchange-filed presentation, dated 06 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HealthCare Global Enterprises Limited (HCG) held its earnings conference call on May 20, 2026, to discuss its financial results for Q4 and FY26. Management reported that FY26 was a significant year, marked by broad-based profitable growth, with revenues reaching INR 2,545 crore, a 15% increase year-on-year. Key milestones included the opening of a new oncology facility in North Bangalore and the successful completion of a rights issue raising INR 425 crore. Management emphasized a strategic focus on oncology, highlighted by the decision to divest its fertility business, Milann, to Inviga Healthcare Fund for INR 37.6 crore. The company also reported an adjusted EBITDA of INR 471.1 crore for FY26, reflecting improved margins and operational efficiency. Management noted ongoing efforts to enhance patient acquisition through digital channels and plans for further capacity expansion across various regions. The call concluded with management expressing confidence in future growth driven by strategic initiatives and market demand.
Management highlighted significant growth and strategic advancements during the fiscal year.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HealthCare Global Enterprises Limited (HCG) reported its annual financial results for the year ended March 31, 2026, during the investor presentation dated May 19, 2026. The company achieved a revenue of INR 25,454 million, reflecting a 15% year-over-year growth, supported by sustained volume growth and improved average revenue per patient (ARPP). The presentation highlighted broad-based growth across various regions, with the West being the key growth driver. Adjusted EBITDA for FY26 was reported at INR 4,711 million, up 19% year-over-year, with an adjusted EBITDA margin of 18.5%. HCG also announced the divestment of its non-core fertility business, Milann, to enhance focus on its oncology services. The company emphasized its strategic priorities, including expanding its network and improving operational efficiency. Additionally, HCG's North Bangalore facility commenced operations, introducing advanced MR-LINAC technology.
Management highlighted strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HealthCare Global Enterprises Limited (HCG) held its earnings conference call on February 9, 2026, to discuss its unaudited financial results for the quarter and nine months ended December 31, 2025. Management reported a revenue of INR 633 crore for Q3 FY26, reflecting a year-on-year growth of 13.4%. The company emphasized its focus on strengthening its oncology platform and improving clinical outcomes. Digital revenue grew by 26% year-on-year, with outpatient and inpatient volumes increasing by 26% and 37%, respectively. Adjusted EBITDA for Q3 was INR 111 crore, with margins expanding to 17.5%. Management highlighted ongoing growth potential in existing centers and plans for brownfield and greenfield expansions. The company aims for a revenue growth of 15%+, driven by volume and average revenue per patient (ARPP) increases. Management also discussed the impact of external factors, including a strike in Andhra Pradesh, on performance, but expressed confidence in future growth and operational momentum.
Management highlighted strong financial performance and growth potential across various segments.
Sourced from an exchange-filed transcript, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: HealthCare Global Enterprises Limited (HCG) submitted an updated Investor Presentation on its unaudited financial results for the quarter and nine months ended December 31, 2025. The presentation reported a revenue of INR 6,331 million for Q3 FY26, reflecting a growth of approximately 13% year-over-year. The growth was attributed to an 8% increase in volumes and a 5% rise in average revenue per patient (ARPP). The West cluster showed the highest revenue growth at around 17% YoY. Adjusted EBITDA for Q3 FY26 was INR 1,108 million, marking a 20% increase YoY, with overall adjusted EBITDA margins improving to 17.5%. The presentation also highlighted the completion of senior leadership roles and the ongoing development of a new hospital in North Bangalore, which is set to offer advanced MR-LINAC technology. HCG's international business in Africa grew by approximately 42% YoY, contributing to its overall performance.
The presentation highlighted strong revenue growth and operational improvements.
Sourced from an exchange-filed presentation, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of Healthcare Global Enterprises Limited (HCG) for FY2025-26 highlights the company's strategic focus on advancing precision oncology, strengthening research and translational medicine, expanding access to high-quality cancer care, investing in technology and talent, and building a globally respected oncology institution from India. The report emphasizes HCG's commitment to clinical excellence, patient-centric care, and continuous learning, supported by a structured learning and development framework. Additionally, the report outlines the company's governance structure, board evaluation processes, and risk management strategies.
- Advancing precision oncology and strengthening research and translational medicine.
- Expanding access to high-quality cancer care through a network of comprehensive cancer centers and multispecialty hospitals.
- Investing in technology and talent to enhance clinical capabilities and patient engagement.
- Commitment to continuous learning and development for clinical excellence and workforce preparedness.
- Robust corporate governance, board evaluation, and risk management frameworks.
Key takeaway: HCG is focused on advancing precision oncology, expanding access to high-quality cancer care, and investing in technology and talent to build a globally respected oncology institution in India.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (4 items); Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
4 occurrencesRecent (last 12 months)
The company faced a penalty of Rs. 1 million from the Additional Commissionerate of Central Excise, Chennai, for excise duty on FDG sales from March 2013 to June 2015. The company is appealing the decision.
Earlier (1-3 years ago)
During 2021-22, the company had a 10-day delay in filing a listing application for equity shares, resulting in fines of INR 2,00,000 each from BSE and NSE (excluding GST). No other penalties were imposed during 2024-25.
Older (3+ years ago)
During FY 2021-22, the company delayed filing the listing application for equity shares by 10 days, resulting in BSE and NSE advising a fine of Rs. 2,00,000 each (excluding GST). No other penalties were imposed during FY 2021-22 or FY 2022-23.
The company faced a regulatory action from a Recognised Stock Exchange due to a 10-day delay in filing the listing application.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
The company has not demanded repayment of loans of Rs. 180.61 million to Niruja Product Development and Healthcare Research Private Limited and Rs. 1.02 million to Healthcare Global Senthil Multi-Speciality Hospital Private Limited, which were provided for in earlier years, and no default has been recorded by the parties.
Older (3+ years ago)
The company has undisputed statutory dues in arrears for periods exceeding six months, including excise duty, value-added tax, and other taxes, with amounts ranging from 0.4 million to 31.2 million INR, pending before various tribunals and authorities.
The company has statutory dues in arrears for more than six months as of 31 March 2022, including GST, Provident Fund, Employees' State Insurance, Income-Tax, Duty of Customs, Cess, and other statutory dues. However, there are disputes pending for specific amounts related to various tax acts, with amounts ranging from 0.4 to 29.90 million J, and the disputes are pending in various forums such as High Courts, CESTAT, and state-level tribunals.
Routine disclosures
Contingent Liability
4 occurrencesRecent (last 12 months)
The Company has a corporate guarantee given to subsidiaries accounted as investment, as mentioned in the financial statements as of 31 March 2026.
Earlier (1-3 years ago)
The company has a non-disposal undertaking for its investment in HCG Manavata Oncology LLP for 20 years, requiring prior written consent from the other partner for any transfer.
Older (3+ years ago)
The Company has not provided information on the amount overdue for more than ninety days for loans given in earlier years and remaining outstanding.
The company is contingently liable for excise duty of ₹6.80 million, interest, penalty of ₹6.80 million, redemption fine of ₹0.6 million, and a penalty of ₹1 million on its Executive Chairman, Dr. B.S.Ajaikumar, as adjudicated by Excise Commissionerate-III, Bengaluru for the period April 2009 to March 2014. The company has appealed to CESTAT after paying ₹0.6 million in central excise duty.
Related-Party Transaction
4 occurrencesRecent (last 12 months)
The company proposes to extend a consultancy agreement with Anjali Ajaikumar, a related party, for continued strategic advisory services on a principal-to-principal basis.
Earlier (1-3 years ago)
The company executed a Share Purchase Agreement on February 23, 2025, involving the sale of up to 54% of its diluted voting share capital to Purchasers, including Aceso Company Pte. Ltd. and others.
Older (3+ years ago)
The company has not received any claim for interest from any supplier under the MSMED Act, and there are no amounts remaining unpaid to micro and small suppliers as of the end of the year.
The company made a contribution of ₹10.23 Million to International Human Development and Upliftment Academy (Trust) in relation to CSR activities, which is a related party transaction.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has outstanding statutory dues under various acts, including Goods and Services Tax, Excise duty, and Income Tax, with amounts ranging from INR 0.40 million to 11.82 million, and disputes pending before various tribunals and authorities.
Management & Board Governance
2 occurrencesEarlier (1-3 years ago)
The Chief Executive Officer, Mr. Meghraj Arvindrao Gore, resigned on May 30, 2025, and his resignation took effect on June 30, 2025. Dr. Manish Mattoo was appointed as the new Chief Executive Officer, effective June 30, 2025.
Older (3+ years ago)
Mr. Abhay Havaldar, an Independent Director, resigned from the Board of the Company effective April 02, 2023.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
4.99% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).