Andhra Pradesh scheme disruption
A 20-25 day strike in Andhra Pradesh impacted volumes and revenue in Q3, though resolved by quarter end.
HCG / bear-case history
Track the concerns that keep returning.
Healthcare Global Enterprises · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
Gross margin pressure from medical oncology mix shift
Gross profit margin declined to 72% from ~75% due to higher medical oncology and pharmacy costs, though management expects offset via operating leverage.
New greenfield hospitals may temporarily drag margins
The North Bangalore and Whitefield greenfield projects will add beds but may initially pressure margins during ramp-up.
Rights issue dilution
The announced rights issue may dilute existing shareholders; specifics not yet disclosed.