Rainbow Children's Medicare Limited
BSE: 543524 | NSE: RAINBOW
Sector: Healthcare | Industry: Hospital
01
ABOUT COMPANY
Rainbow Children’s Medicare Limited (hereafter referred to as ‘Rainbow’) was originally incorporated in 1998 with the name Rainbow Children’s Medicare Private Limited but the company converted into public company in 2021 and the name changed to Rainbow Children’s Medicare Limited. The company was founded by Dr. Ramesh Kancharla with a 50 bed pediatric hospital in Banjara Hills, Hyderabad, Telangana.
Rainbow is a child and women care chain of hospitals offers Neonatology, Pediatric Intensive Care, Neonatal Intensive Care, Neurology, Gastroenterology, Nephrology, Hematology and Oncology, Pediatric Surgery, Cardiology, Nutrition and Gynecology.
The company generates revenue in 3 ways viz. hospitals, pharmacy and clinics.
| Particulars | FY25 |
|---|---|
| Enterprise Value (₹ Crore) | 14,228 |
| EV/EBITDA | 29 |
| P/E | 58 |
| Revenue Growth % YoY | 16.9% |
| Gross Margin | 87.1% |
| EBITDA Margin | 32.3% |
| Net Margin | 16.1% |
Overview
| Metric | Value | Metric | Value |
| Hospitals | 24 | Capacity beds | 2,435 |
| Out-patient clinics | 5 | Out-patient visits | 1,598k+ |
| States, Cities | 6,9 | In-patient admissions | 104k+ |
| Doctors | 1,050+ | Deliveries | 19k+ |
| City | Hospitals | Clinics |
| Hyderabad | 8 | 2 |
| Bengaluru | 4 | 1 |
| Vijayawada | 2 | 1 |
| Visakhapatnam | 1 | 1 |
List of Services
| Pediatrics – Secondary Care | Pediatrics – Quaternary Care |
| Pediatrics – Tertiary Care | Perinatal/Women’s Care |
Global & Domestic Presence of Hospitals
| State | City | Hospital Name | Bed Capacity | No. of Clinics |
| Andhra Pradesh | Vijayawada | Currency Nagar | 130 | 0 |
| Vijayawada | Governor Pet | 0 | 1 | |
| Visakhapatnam | Health City | 129 | 0 | |
| Visakhapatnam | Kailash metta | 0 | 1 | |
| Delhi | Delhi | Malviya Nagar | 130 | 0 |
| Delhi | Panchsheel Park (Rosewalk) | 24 | 0 | |
| Karnataka | Bengaluru | Bannerghatta Road | 102 | 0 |
| Bengaluru | Hebbal | 50 | 0 | |
| Bengaluru | Marathahalli (Hub) | 200 | 0 | |
| Bengaluru | Sarjapur Road | 90 | 0 | |
| Bengaluru | Hennur | 0 | 1 | |
| Tamil Nadu | Chennai | Anna Nagar | 80 | 0 |
| Chennai | Guindy (Hub) | 135 | 0 | |
| Chennai | Sholinganallur | 55 | 0 | |
| Telangana | Hyderabad | Banjara Hills | 250 | 0 |
| Hyderabad | Banjara Hills | 110 | 0 | |
| Hyderabad | Financial District | 100 | 0 | |
| Hyderabad | Himayatnagar | 60 | 0 | |
| Hyderabad | Hydernagar | 160 | 0 | |
| Hyderabad | Kondapur | 50 | 1 | |
| Hyderabad | LB Nagar | 100 | 0 | |
| Hyderabad | Rainbow Children’s Heart Institute (RCHI) | 110 | 0 | |
| Hyderabad | Attapur | 0 | 1 | |
| Total | 2065 | 5 |
02
Earning Calls Summary
Management Earnings Calls
Quarterly concall summaries, management commentary tracker & key metrics
Q2 Revenue Grows 6.5%; Seasonality Hits Occupancy & PAT
Management opened noting operational softness in Q2, largely influenced by low incidence of seasonal illnesses (resulting in lower patient volumes in general pediatrics and pediatric intensive care) and the early festive season compressing the typical peak period for admissions. Underlying business fundamentals remain strong.
Q3 Revenue Up 12%; New CEO Appointed to Drive Occupancy
Management opened noting steady improvement across all key performance indicators with growth satisfactory considering festivities and ongoing seasonal impact. New units performed well, acquired hospitals are operationally integrated, and the company is transitioning from capacity addition to execution.
FY26 Revenue Up 12%; 900+ Beds Pipeline with Zero Debt
Management opened noting FY26 as a landmark year with the highest annual capacity addition in history. The company successfully integrated acquired hospitals at Warangal and Guwahati, with new hospitals at Rajahmundry, HRBR, and Electronic City showing strong ramp-up.
Q1 Revenue Surges 33%; 2,500-Bed Pipeline Over 5 Years
Management opened noting FY27 has begun well with healthy growth driven by sustained demand across core specialties and balanced contributions from both mature and newly commissioned hospitals. The company signed definitive agreements for entry into Mumbai and expanded presence in Andhra Pradesh through acquisitions.
Concall Notes
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