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Rainbow Children's Medicare Launches 90-Bed Hospital in Bengaluru; Total Capacity at 2,375 Beds
Rainbow Children’s Medicare Limited (RCML) has inaugurated a new 90-bed spoke hospital in Electronic City, Bengaluru, increasing its total capacity to approximately 2,375 beds. The project, costing approximately β‚Ή55 crore, was funded entirely through internal accruals, demonstrating strong cash flow management. This facility marks the company's fifth hospital in Bengaluru and will operate under the hub-and-spoke model linked to the Marathahalli hub. This expansion targets a high-growth corridor with a young population, enhancing the company's footprint in a key focus market.
Key Highlights
New 90-bed spoke hospital launched in Electronic City, Bengaluru, increasing total capacity to ~2,375 beds. Total project investment of approximately β‚Ή55 crore financed through internal accruals. Strengthens the hub-and-spoke model in Bengaluru, serving as a spoke to the Marathahalli hub. Company occupancy stood at 46.3% in Q2 FY 2025-26 prior to this addition. The facility offers comprehensive pediatric and perinatal services, including neonatal and pediatric intensive care.
πŸ’Ό Action for Investors The expansion is a positive indicator of the company's growth strategy and ability to scale using internal funds. Investors should monitor the occupancy ramp-up at the new facility to assess its impact on future earnings.