HealthCare Global Enterprises Limited

HealthCare Global Enterprises Limited

HCG.BO
HealthCare Global Enterprises LimitedIN flagBombay Stock Exchange
651.25
INR
-7.00
- -
97.43BMarket Cap
HealthCare Global Enterprises Limited
HCG.BO
(Bombay Stock Exchange)

Recent

price

651.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
73.8
79.67
81.08
94.51
108.63
121.28
87.8
105.98
119.77
134.9
158.33
- -
179.43
Revenue per Share
0.12
-0.2
2.59
2.37
-2.8
-11.98
-16.92
4.12
2.1
3.44
3.17
- -
0.97
Basic EPS, GAAP
8.48
-18.7
-11.83
-18.29
-10.21
2.51
7.44
11.41
8.46
7.06
7.73
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-9.32
-8.51
-7.42
-5.59
-9.64
-22.84
-30.58
-22.8
-22.38
-25.48
-19.26
- -
10.55
Book Value per Share
18.57
53.86
49.3
53.58
45.62
31.25
52.14
51.54
47.84
42.51
35.3
- -
69.96
Tangible Book Value per Share
70
73
86
87
88
89
114
131
140
140
140
- -
141
Basic Weighted Avg Shares
5,194
5,842
6,948
8,183
9,609
10,806
10,040
13,831
16,760
18,899
22,181
25,384
25,384
Sales/Revenue/Turnover
7.13
7.01
6.94
7.02
4.18
2.43
-3.25
5.81
10.04
8.33
7.93
8.73
8.73
Operating Margin (%)
399
446
568
715
851
1,484
1,592
1,583
1,635
1,744
2,113
2,442
2,442
Depreciation Expense
8
-15
222
205
-248
-1,067
-1,935
537
293
482
444
138
138
Net Income, GAAP
- -
- -
33.87
37.67
- -
- -
- -
55.65
60.72
38.97
14.27
15.38
15.38
Effective Tax Rate (%)
0.16
-0.25
3.19
2.51
-2.58
-9.87
-19.27
3.88
1.75
2.55
2
0.54
0.54
Profit Margin (%)
-712
-355
-1,214
-1,387
-2,744
-2,720
-303
326
100
-639
-2,026
1,180
1,180
Working Capital
2,659
2,458
2,834
3,724
5,169
11,388
8,155
8,288
8,148
10,441
13,797
13,592
13,592
LT Debt
2,075
4,585
4,901
5,790
5,222
4,198
7,140
8,837
8,694
8,651
9,900
14,102
14,102
Total Equity
- -
- -
3.85
3.78
- -
- -
- -
2.07
3.74
4.99
6.24
6.36
6.36
Return on Invested Capital (%)
- -
- -
9.76
10.56
- -
- -
- -
16.78
12.73
14.99
13.31
8.57
8.57
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
25.22
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,487
- -
3,762
LT Borrowings
6,151
- -
5,992
LT Finance Leases
8,041
- -
7,600
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
142
- -
149
Market Capitalization
91,213
93,201
74,231

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7,638
- -
11,352
Cash, Cash Equivalents & STI
2,118
- -
5,522
Accounts Receivable, Net
4,319
- -
4,207
Inventories
616
- -
598
Total Current Liabilities
10,398
- -
10,172
Payables & Accruals
- -
- -
- -
ST Debt
3,487
- -
3,762
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.42%
15.71%
42.44%
Free Cash Flow
14.18%
-0.35%
-49.19%
Net Income, GAAP
-162.02%
-37.17%
-69.02%
Sales/Revenue/Turnover
16.3%
20.7%
14.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,597
4,860
4,690
4,753
18,899
2025
5,247
5,525
5,576
5,834
22,181
2026
6,118
6,452
6,312
6,503
25,384

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.55
0.96
0.41
- -
3.44
2025
0.86
1.28
0.5
0.52
3.17
2026
0.34
1.15
-0.68
0.15
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
HealthCare Global Enterprises Limited specializes in providing comprehensive specialty healthcare focused primarily on oncology and fertility treatments. The company operates the largest cancer care network in India under the HCG brand, offering services including cancer diagnosis, radiation therapy, medical oncology, surgical oncology, immunotherapy, and palliative care across more than 25 cancer centers nationwide. It also provides fertility treatment services under the Milann brand, including in-vitro fertilization, gynecological endoscopy, and fertility preservation at multiple facilities. Additionally, HCG manages multispecialty hospitals delivering tertiary care in internal medicine, gastroenterology, urology, cardiology, and critical care, with advanced diagnostic and screening services such as PET-CT scans. The company’s operations span key Indian regions including Karnataka, Gujarat, Maharashtra, East India, and North India, and it has expanded internationally with a step-down subsidiary in Kenya. Founded in 1989 and headquartered in Bangalore, India, HealthCare Global Enterprises has continuously invested in cutting-edge technology, including linear accelerators, robotic surgery, and digital oncology platforms to enhance treatment outcomes. Recent major developments include the acquisition of a 10% equity stake in Cancer Care Kenya Limited in 2025, strengthening its international presence. There have been strategic senior management appointments such as the CEO Manish Mattoo assuming office in mid-2025 and new leadership in domestic sales and marketing roles. In 2025, prominent institutional investors, including Morgan Stanley and Nippon India Mutual Fund, acquired a significant equity stake from private equity firm CVC Capital Partners. The firm also continues to expand its network by increasing its cancer care centers and enhancing its fertility and diagnostic services, focusing on operational efficiency and technology-driven patient care delivery. HealthCare Global Enterprises generates revenue predominantly from oncology and fertility care services, supported by its extensive hospital network with around 1,700 operational beds and over 400 oncology specialists. Its business segments encompass cancer diagnosis and treatment, multi-specialty tertiary care, fertility services, and advanced screening diagnostics, servicing a diverse patient base across India and selected international markets. The company pursues research and development initiatives, engaging in clinical trials and collaborations with academic institutions to advance oncology treatments. The firm remains committed to expanding accessible high-quality healthcare, particularly in underserved Tier II and Tier III cities in India, leveraging technology and a patient-centric approach to deliver value-based medicine. This comprehensive specialty healthcare provider holds a commanding position as one of India’s largest private cancer care networks and fertility services providers while progressively scaling its footprint through strategic acquisitions, technological advancements, and management restructuring to sustain growth in the competitive healthcare sector.