Rainbow Children's Medicare Ltd
🏥 Rainbow Children’s Medicare Expands Footprint & Reports Q2 FY26 Results – Key Updates
- Q2 FY26 revenue: â‚ą445 Cr (+6.5% YoY), EBITDA at â‚ą149 Cr (+1%), PAT at â‚ą76 Cr (-4%).
- Occupancy rate: 52% (impacted by low seasonal demand & festive season).
- New acquisitions: Prashanthi Hospital (Warangal) & Pratiksha Hospital (Guwahati) – marks Northeast entry.
- New hospital commissioned in Rajahmundry (AP); 2 spoke hospitals in Bengaluru (Electronic City & Hennur) underway.
- Total bed additions (last 2 years): 780 via expansions/acquisitions.
- Project timelines: Electronic City (ready), Hennur (Jan 2026), Coimbatore (~130 beds by FY27). Gurugram paused due to pollution.
- IVF business growth: ~40% YoY (low base), targets 25% ahead.
- Payor mix: 52.8% insurance, 47.2% cash patients.
- International revenue: ~â‚ą3 Cr/month (expected normalization soon).
- Net cash position: â‚ą555.8 Cr (supports capex).
- Capex plans: ~â‚ą100 Cr (H2 FY26), ~â‚ą600 Cr (Pune/Coimbatore/Gurugram over 3 years).
- Leadership: Mr. Abrarali Dalal appointed Group CEO (effective Jan 2026).