Announced Tue, 26 May · 15:41 IST

Please see attached herewith the Transcript of the Earnings Call held on May 20, 2026, with Analysts/Investors to discuss the Audited Financial Results (both Standalone & Consolidated) ....

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapInvestor Communications View source PDF

HCG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹656.00
prior close
₹663.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

HCG reported FY26 revenues of INR 2,545 crore (15% YoY growth) with adjusted EBITDA of INR 471.1 crore (19% YoY growth, margins at 18.5%). Q4 revenues stood at INR 652 crore with margins expanding 90 bps to 19.2%. The company completed a INR 425 crore rights issue and divested its fertility business Milann to Inviga Healthcare Fund at an enterprise valuation of INR 63 crore. Net debt reduced to 1.4x from 2.2-2.3x previously. Management targets 15% revenue growth for FY27 with 100 bps EBITDA margin expansion. Plans include 200+ brownfield beds over 24 months and approximately 1,000 total bed additions by FY30 (400 greenfield, 600 brownfield) across 10-12 evaluated cities. West and East clusters identified for maximum margin expansion potential.

Likely market impact

HCG's focus on profitable growth, debt reduction, and oncology focus through Milann divestment is positive for shareholders. The rights issue strengthens the balance sheet for expansion while the margin expansion strategy targeting 100 bps improvement signals operational efficiency focus. Growth visibility remains intact with multiple levers including new facilities, clinician additions, and Day-Care center expansion.