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HealthCare Global Enterprises
HealthCare Global Enterprises (HCG) investor relations material
HealthCare Global Enterprises Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary9 Feb, 2026
Executive summary
Focus remains on strengthening the core oncology platform, driving clinical and financial consistency, and expanding through brownfield and selective greenfield projects.
Clinical excellence demonstrated with advanced treatments and technology, including CyberKnife radiosurgery, robotic surgeries, and MR-LINAC introduction in North Bangalore.
Senior leadership team strengthened across key functions; new HCG Employee Stock Option Scheme 2026 introduced, pending shareholder approval.
Financial highlights
Q3FY26 consolidated revenue reached INR 6,331mn, up 13% year-over-year; nine months revenue was INR 18,931mn, up 15% year-over-year.
Adjusted EBITDA for Q3FY26 was INR 1,108mn, up 20% year-over-year, with margin expansion to 17.5%.
ARPP (excluding fertility) for Q3FY26 was INR 84,208, up 5% year-over-year; volumes (excluding fertility) for Q3FY26 were 80,024, up 8% year-over-year.
Standalone net loss for Q3FY26 was INR 118 lakhs, with consolidated net loss of INR 943 lakhs attributable to owners, mainly due to exceptional labor code-related costs.
Exceptional items in Q3FY26: INR 786 lakhs (standalone) and INR 1,267 lakhs (consolidated) due to regulatory-driven labor code changes.
Outlook and guidance
Maintains guidance of 15%+ annual growth, with margin trajectory expected to rise to 23%-24% over the next three to four years.
North Bangalore Greenfield Hospital to open by end of Q4FY26, featuring MR-LINAC technology.
Company will continue to monitor regulatory developments regarding labor codes and adjust accounting as needed.
Volume growth of about 10% and ARPP growth of about 5% expected to drive future sales.
HCG ESOS 2026 maximum shares
Q3 impact of new Labour Codes
Strategic rationale for new senior management
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Next HealthCare Global Enterprises earnings date
Q4 25/2626 May, 2026
HealthCare Global Enterprises
Next HealthCare Global Enterprises earnings date
Q4 25/2626 May, 2026
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Frequently asked questions
HealthCare Global Enterprises Limited is an India-based provider of specialized healthcare services, primarily focused on oncology. The company operates a network of cancer care centers offering radiation therapy, surgical oncology, medical oncology, and diagnostic services. In addition to oncology, it provides multi-specialty healthcare services, including fertility treatments and advanced medical imaging. The company is headquartered in Bengaluru, India, and its shares are listed on the NSE and BSE.
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