Rainbow Childrens Medicare Ltd

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NSEBSE

1325.30-31.90 (-2.35%)

03:52 PM,1st Mar 2024

1314.65-41.60 (-3.07%)

04:01 PM,1st Mar 2024

BSE : 543524

NSE : RAINBOW

Sector : Health care

ISIN Code : INE961O01016

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Last Updated: Mar 01 2024 | 04:01 PM IST

Market Cap (₹ Cr)

13451

Turnover (₹ Cr)

6.98

Volume (Shares)

526921

Face Value

10

52-WK High

1487.65

52-WK High Date

28 Feb 2024

52-WK Low

697.00

52-WK Low Date

28 Mar 2023

All Time High

1487.65

All Time High Date

28 Feb 2024

All Time Low

410.00

All Time Low Date

17 May 2022

Rainbow Childrens Medicare Ltd

Rainbow Childrens Medicare Limited was originally incorporated as `Rainbow Children's Medicare Private Limited' under as a Private Limited Company pursuant to a Certificate of Incorporation dated August 7 1998 issued by the Registrar of Companies Hyderabad at Telangana. Subsequently the Company converted into a Public Limited Company and name of the Company changed to `Rainbow Children's Medicare Limited' vide a fresh Certificate of Incorporation issued by the RoC on November 20 2021. The Company is a leading chain of multi-specialty pediatric and obstetrics & gynecology hospitals in India operating 16 hospitals and three clinics in six cities with a total bed capacity of 1655 beds five of which are NABH-accredited and three of which have 183 received EDGE certification. The core specialties are Pediatrics and Obstetrics & Gynecology and emergency services. Its Pediatric Services include newborn and pediatric intensive care pediatric multi-specialty services pediatric Quaternary care (including multi-organ transplants); whereas Obstetrics & Gynecology services include normal and complex obstetric care multi-disciplinary fetal care perinatal genetic and fertility treatment.Rainbow has been pivotal in saving thousands of children. Its inpatient specialties for child care includes Neonatology Pediatric Intensive Care Neonatal Intensive Care Neurology Gastroenterology Nephrology Hematology and Oncology Pediatric Surgery Cardiology and Nutrition. The Company was founded on a model of full-time exclusive doctor led 24/7 pediatric healthcare delivery and a significant number of doctors have experience with this same model while training in other countries such as the United Kingdom United States Canada and Australia. It also established robust patient retrieval services in and around Hyderabad to retrieve neonates and children from nearby districts to the hub hospital in Hyderabad.Apart from this the Company follow a doctor engagement model whereby most of the core specialists work exclusively at hospitals on a full-time retainer basis. This model ensures that most of core specialists are available 24/7 at the hospitals which is particularly important for children's emergency neonatal and pediatric intensive care services. Rainbow Children's Hospital and BirthRight by Rainbow is an exclusive woman and child care hospital with a nationwide footprint. Its full-spectrum consultant-led woman and child care services are driven by 22 years of experience and have transformed the lives of women and children across the cities of Hyderabad Vijayawada Bengaluru Delhi Chennai and Visakhapatnam.In 1999 Dr. Ramesh Kancharla the founding Promoter of the Company established first pediatric specialty hospital in 1999 with a 50-bed pediatric hospital in Hyderabad to address the opportunity to provide pediatric healthcare in the City of Hyderabad. The aim was to provide comprehensive neonatal pediatric intensive care and pediatric sub-specialty services to children. Since then under the leadership of Dr. Ramesh Kancharla Founding Promoter it established reputation as a leader in multi-specialty pediatric services with strong clinical expertise in managing complex diseases. The Company has also expanded its operations to include obstetrics and gynecology services whereby it offer comprehensive perinatal services to patients.In 2005 the Company expanded Banjara Hills Facility to Pediatric Tertiary Care Centres. In 2007 the Company established Hospital at Vijayawada. It started perinatal services by providing comprehensive perinatal care which was backed by teamwork round the clock availability of obstetricians anesthesiologists neonatologists and maternal intensive care services.In 2009 the Company established Hospital at Vikrampuri.In 2010 the Company inaugurated Opening of outpatient clinic at Madhapur. It established IVF hub at Madhapur and hospital at Kondapur.In 2015 the Company established hospitals at Hydernagar and Marathalli respectively.In 2016 the Company established Hospitals at Bangalore and Hyderabad.In 2017 Madhukar Rainbow Hospital at New Delhi commenced operations.In 2018 the Company established Hospital at Guindy in Chennai.During the year 2019 the Company started outpatient and IVF facility at Kondapur. It commenced commenced providing pediatric Quaternary Care Services at Banjara Hills in Hyderabad.In 2020 the Company established hospitals at Bengaluru and Vizag.In May 2021 the Company moved from an old facility to a new facility for its hospital at Vikrampuri in Hyderabad. During 2021-22 the Company came out with an Initial Public Offering aggregating 29168579 Equity Shares by issuing 5167679 Equity Shares through a fresh issue and 24000900 Equity Shares through offer for sale. The IPO comprised of raising capital Rs 280 Crore through fresh issue and Rs 1300 crore through offer for sale which completed in April 2022 and resulting to this the Equity Shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited effective May 10 2022. In 2022 the Company started Organ Transplantation work at its Hyderabad Hub. In 2023 the Company inaugurated inaugurated a new hospital with 100 beds in the Financial District of Hyderabad as well as a 55-bed hospital in Sholinganallur (OMR) Chennai. A brownfield spoke hospital with approximately 80 beds was acquired in Sarjapur Bengaluru in FY23.

Rainbow Childrens Medicare Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

13451

EPS - TTM (₹) [C]

21.64

P/E Ratio (X) [C]

11.81

Face Value (₹) 10
Latest Dividend (%)30.00
Latest Dividend Date 22 Jun 2023
Dividend Yield (%) 0.22
Book Value Share (₹) [C]112.26
P/B Ratio (₹) [C]11.81
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Baroda BNP Paribas Conservative Hybrid Fund-Reg (G) 1.90 15000 0.32
Baroda BNP Paribas Conservative Hybrid Fund-Reg (IDCW-M) 1.90 15000 0.32
Baroda BNP Paribas Conservative Hybrid Fund-Reg (IDCW-Q) 1.90 15000 0.32
Baroda BNP Paribas Conservative Hybrid Fund-Dir (G) 1.90 15000 0.32
Baroda BNP Paribas Conservative Hybrid Fund-Dir (IDCW-M) 1.90 15000 0.32
Baroda BNP Paribas Conservative Hybrid Fund-Dir (IDCW-Q) 1.90 15000 0.32
AXIS Regular Saver Fund (G) 1.81 14277 0.51
AXIS Regular Saver Fund (IDCW-Q) 1.81 14277 0.51
AXIS Regular Saver Fund (IDCW-H) 1.81 14277 0.51
AXIS Regular Saver Fund (IDCW-A) 1.81 14277 0.51

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

1272.10

1403.55

Week Low/High

1272.00

1488.00

Month Low/High

1170.50

1488.00

Year Low/High

697.00

1488.00

All time Low/High

410.00

1488.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week3.33%3.51%0.820.57%
1 Month11.37%11.22%2.932.96%
3 Month19.97%20.05%9.2810.22%
6 Month25.61%25.64%12.7814.94%
1 Year82.25%82.44%24.1328.01%
3 Year%%47.9351.33%

Company Info

Company Information

Registered Office: 8-2-120/103/1 Survey No 403, Road No 2 Banjara Hills,Hyderabad,Telangana-500034 Ph: 91-40-49695244

Email:companysecretary@rainbowhospitals.com

URL:http://www.rainbowhospitals.in