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Healthcare Global Enterprises Limited (HCG), India’s leading cancer care provider, has approved a total investment of ₹150 crore across three wholly owned subsidiaries. The decision aims to strengthen operational capabilities, support working capital needs, and repay dues, with investments to be completed by March 31, 2026. HCG maintains 100% ownership in each subsidiary.

Investment Allocation

Subsidiary Investment Amount (₹ crore) Purpose
HCG Kolkata Cancer Care LLP 110 Working capital, dues repayment, general corporate purposes
HCG Oncology Hospitals LLP 15 Working capital, dues repayment, general corporate purposes
HCG NCHRI Oncology LLP 25 Working capital, dues repayment, general corporate purposes

Subsidiary Profiles

  • HCG Kolkata Cancer Care LLP:
    • 74-bed comprehensive cancer hospital
    • FY25 Revenue: ₹82.14 crore
  • HCG Oncology Hospitals LLP (HCG Borivali):
    • 69-bed cancer hospital in Borivali, Mumbai
    • FY25 Revenue: ₹90.38 crore
  • HCG NCHRI Oncology LLP (HCG Nagpur):
    • Operates diagnostics under “Triesta”; manages PET-CT and Cyclotron operations in Chennai
    • FY25 Revenue: ₹89.80 crore

Financial Growth of Subsidiaries

Subsidiary FY25 Revenue (₹ Mn) FY24 Revenue (₹ Mn) FY23 Revenue (₹ Mn)
HCG Kolkata 821.42 558.46 402.99
HCG Borivali 903.85 760.77 625.74
HCG Nagpur 897.98 717.77 514.01

The subsidiaries have demonstrated consistent revenue growth over the past three years, reflecting strong operational performance and market presence.

Strategic Significance

  • Strengthens HCG’s position in key regions across India.
  • Supports operational expansion and enhances cancer care infrastructure.
  • Provides working capital and repayment capacity to subsidiaries, facilitating continued growth.

Summary

HCG’s ₹150 crore investment across its three wholly owned subsidiaries underscores the company’s commitment to expanding and consolidating its cancer care network in India. By bolstering subsidiary operations, HCG aims to enhance service quality, increase capacity, and ensure sustainable growth across its hospital and diagnostic facilities.

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