BSECompany Update4d ago · 5 Nov 2026, 08:48 pm
Press Release for Unaudited Financial Results (Standalone and Consolidated) for the quarter and six months ended September 30, 2026.
HealthCare Global Enterprises Ltd · 539787
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HealthCare Global Enterprises Ltd has announced its unaudited financial results for the quarter and six months ended September 30, 2026, with revenue up by 16% YoY and Adjusted EBITDA up by 17% YoY.
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HealthCare Global Enterprises Ltd - 539787 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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November 05, 2026
National Stock Exchange of India Limited, BSE Limited,
Compliance Department, Compliance Department,
Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (East), Mumbai - 400051, Dalal Street, Mumbai - 400001,
Maharashtra, India Maharashtra, India
Dear Sir/Madam,
Subject : Press Release on Unaudited Financial Results (Standalone & Consolidated) of
the Company for the quarter and six months ended September 30, 2026
Stock Code : BSE – 539787, NSE – HCG
Reference : Regulation 30, 33 read with Schedule III of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”)
This is to inform you that the Board of Directors of the Company, at their meeting held today i.e.,
November 05, 2026, inter alia, has considered and approved the Unaudited Financial Results
(Standalone & Consolidated) of the Company for the quarter and six months ended September 30, 2026
(“Unaudited Financial Results”).
We enclose herewith the communication being released to the Press on the Unaudited Financial Results
of the Company.
The above information is also available on the website of the Company and can be accessed at:
https://www.hcgoncology.com/investor-relations/
You are requested to take the intimation on record.
Thanking you,
For HealthCare Global Enterprises Limited
Sunu Manuel
Company Secretary & Compliance Officer
Encl: a/a
HealthCare Global Enterprises Limited
Reg Off: HCG Towers #8, P. Kalinga Rao Road, Sampangi Ram Nagar, Bengaluru - 560 027
Corp Off: #3, G-Floor, Tower Block, Unity Buildings Complex, Mission Road, Bengaluru - 560 027, Karnataka, India
91 80 4660 7700 | Emall-query@hcgel.com | Website - www.hcgoncology.com | CIN: L15200KA1998PLC023489
Ahmedabad | Bengaluru | Bhavnagar | Chennai | Cuttack | Hubballi | Indore | Jaipur | Kalaburagi | Kenya | Kolkata | Mumbai | Nagpur | Nashik | Ongole | Rajkot | Ranchi | Shimoga | Vadodara | Vijayawada | Vizag
Investor Release
HCG Reports Q2 FY2027 Results, with Revenue up by 16% YoY and
Adjusted EBITDA up by 17% YoY
Bangalore, 5th November 2026: Healthcare Global Enterprises Limited (HCG), India’s largest dedicated
cancer hospital network, under the brand “HCG”, has announced its financial results for the quarter and
half year ended 30th September 2026.
RESULTS HIGHLIGHTS (Consolidated)
Particulars (Rs. Mn.) Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY
Revenue from Operations 7,318 6,321 15.8% 14,100 12,303 14.6%
Adjusted EBITDA1 1,425 1,215 17.2% 2,740 2,316 18.3%
Margin (%) 19.7 19.2 +51 bps 19.7 18.8 +84 bps
PBT before extraordinary items2 301 203 48.1% 553 328 68.4%
Adjusted Profit after Tax3 192 212 -9.3% 358 277 29.2%
(1) Adjusted EBITDA excludes North Bangalore Loss of INR 61 Mn in Q2’27 (INR 131 Mn in H1’27), ESOP cost of INR 29.8 Mn in Q2 ’27
and EPCG-related provision of INR 45.9 Mn in H1’27; and ESOP of INR 14.3 Mn and M&A-related costs of INR 25.6 Mn in H1’26
(2) PBT before extraordinary item of INR 116 Mn
(3) Adjusted PAT normalized for extraordinary items of INR 116 Mn (INR 99 Mn post-tax). The YoY decline primarily reflects a favourable
one-time deferred tax adjustment in Q2 FY26 against brought-forward losses and unabsorbed depreciation at Baroda
(4) All the above figures exclude the fertility business, following its divestment effective 30 June 2026
Dr. B. S. Ajaikumar, Founder and Non-Executive Chairman, HealthCare Global Enterprises Ltd., said
“At HCG, our focus remains firmly on advancing oncology care through clinical excellence, innovation,
research and a deeply patient-centric approach. We believe the future of cancer care lies in bringing
together advanced medical technologies, specialised clinical expertise and cutting-edge research to make
treatment increasingly precise, personalised and effective.
We are strengthening our research capabilities across emerging areas such as multi-omics, organoid
technology, cellular therapies including CAR-T, and longevity research, with a strong emphasis on
translating scientific discoveries into meaningful clinical applications. Our endeavour is to bridge the gap
between research and clinical practice, enabling us to better understand the biology of cancer, develop
innovative treatment approaches and continually improve patient outcomes.
As we expand our network and enhance access to high-quality oncology services across geographies, our
ambition is to build an institution that not only delivers excellence in cancer care today but also helps shape
the future of medicine. We remain committed to advancing medical science, improving patient outcomes
and creating sustainable long-term value for all our stakeholders.”
Investor Release
Commenting on the results, Dr. Manish Mattoo, CEO, HealthCare Global Enterprises Ltd. said,
“We sustained our growth momentum in Q2 FY27, delivering revenue growth of 16% year-on-year to INR
7,318 million, driven by a 9% increase in patient volumes and a 7% improvement in average revenue per
patient (ARPP). Adjusted EBITDA grew 17% year-on-year to INR 1,425 million, with a margin of 19.7%.
This performance reflects our continued focus on improving revenue mix, increasing the contribution from
high-complexity oncology treatments and driving operational efficiencies. Our strategic emphasis on
expanding the non-institutional business continues to enhance the quality of revenue, with its share
improving by 325 basis points year-on-year to 69%.
Looking ahead, our priorities remain focused on improving asset utilisation, accelerating the ramp-up of
newer facilities, enhancing productivity across our existing network and executing strategic capacity
expansions. We remain committed to delivering sustainable, profitable growth while broadening access to
advanced, high-quality cancer care.”
Consolidated Highlights for the Quarter Ending 30th September, 26:
• HCG reported revenue of INR 7,318 Mn in Q2 FY27, representing 16% YoY growth, supported by
broad-based growth across clusters
• Patient volumes increased by 9% YoY, while ARPP grew by 7%, driven by a favourable payor mix and
higher contribution from advanced oncology treatments, including robotic surgeries (up 37% YoY)
and other high-end therapies
• Adjusted EBITDA increased by 17% YoY to INR 1,425 Mn in Q2 FY27, with EBITDA margin improving
to 19.7%, compared to 19.2% in Q2 FY26
• International business revenue grew by approximately 54% YoY to INR 302 Mn in Q2 FY27, driven
by increased patient volumes in radiation and medical oncology
Key Business Developments for the Quarter Ending 30th September, 26:
• Capacity Expansion: Added 25 operational beds in Q2 FY27, comprising 13 beds in Kenya, 7 in
Kolkata and 5 in Nagpur, taking total bed additions to 146 in H1 FY27
• Advanced Technology Deployment: Operationalised the state-of-the-art adaptive radiation therapy
system MR-LINAC at North Bengaluru, a LINAC in Africa and a cardiac robotic surgery system at HMS
Ahmedabad
• Key Clinical Program Additions:
o Advanced Cancer Therapies: Performed first CAR-T cell therapy at HCC Ahmedabad,
strengthening advanced oncology treatment capabilities
o Robotic & Minimally Invasive Surgery: Introduced robotic breast surgery at KR, robotic spine
surgery at Rajkot and Transoral Robotic Surgery (TORS) at Baroda
o Precision Diagnostics: Launched a 1,212-gene liquid biopsy panel and introduced two new
nuclear medicine tracers at KR, enhancing precision cancer diagnostics
Investor Release
About Healthcare Global Enterprises Limited (HCG):
HealthCare Global Enterprises Ltd. (HCG), headquartered in Bengaluru, is the largest provider of cancer care
in India. Through its network of 26 hospitals across India and Africa, HCG has brought advanced cancer care
to the doorstep of millions of people. HCG’s comprehensive cancer centers provide expertise and advanced
technologies for the effective diagnosis and treatment of cancer under one roof.
For updates and specific queries, please visit www.hcgel.com or feel free to contact
Healthcare Global Enterprise
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