3 Interesting Hospital Plays

A deep-dive on three hospital plays — Rainbow Children's Medicare, HCG, and KIMS — across paediatrics, oncology and pan-India multispecialty.

3 Interesting Hospital Plays — cover image

Rainbow Children's Medicare Ltd

1) About the Company

India's largest standalone pediatric-and-perinatal hospital chain, operating 19 hospitals + 5 clinics across six cities with 1,935 beds using a hub-and-spoke model.

2) Key Financial Metrics (FY25)

  • FY25 revenue climbed 17% to ₹1,520 crore
  • 32% EBITDA margin maintained
  • 12% PAT growth achieved
  • Net-cash positive at ~₹700 crore (debt-free balance sheet)

HCG (Healthcare Global Enterprises Ltd.)

India's largest oncology-focused hospital chain with a pan-India network operating 25+ cancer care centers.

Krishna Institute of Medical Sciences Ltd

Leading healthcare chain operating 12 multi-specialty hospitals across Telangana, Andhra Pradesh, and Maharashtra under the KIMS brand.

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