Slides
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Q3 FY25-26 EARNINGS UPDATE 28th January, 2026
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Disclaimer This presentation and the accompanying slides (“Presentation”), which have been prepared by Rainbow Children’s Medicare Limited, Rainbow or RCML (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain statements in this presentation could be forward-looking in nature. Such forward-looking statements remain subject to certain risks and uncertainties like government actions, political or economic developments, technological risks, and certain other factors which cannot be quantified but which could cause actual results to differ materially from those underlined by those forward-looking statements. Rainbow Children’s Medicare Limited will not be in any way responsible for any action taken based on such statements and does not undertake to publicly update these forward-looking statements to reflect subsequent events or circumstances. 2
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 3 A testament to our Gold Standard in Exceptional patient care. • Country’s first pediatric hospital to have 2 flagship hub hospitals, one each in Hyderabad and Bengaluru, awarded with JCI Accreditation • Country’s first standalone fertility center BirthRight Fertility, Kondapur, Hyderabad received re-accreditation from JCI
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4 An insight into the Rainbow approach
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Dr. Ramesh Kancharla Pediatric Healthcare Visionary Chairman & Managing Director 5 Dr. Ramesh comes from an agricultural background from a village in Andhra Pradesh, India where the accessibility to healthcare was very poor. This motivated Dr. Ramesh to pursue medical education Garnered rich experience in pediatric gastroenterology and liver disease at best pediatric hospitals in the United Kingdom and got exposed to the nuances of pediatric healthcare model at these hospitals Lack of quality pediatric healthcare in the country and his resolve that no child should suffer due to lack of dedicated medical facilities led to the foundation of Rainbow Children’s Hospitals in 1999 Rainbow is currently the country’s largest pediatric hospital chain with 231 hospitals spread across 9 cities Bestowed with Healthcare leader of year award by the Financial Express, Healthcare award, 2024 1 Including Electronic city Hospital, Bengaluru
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6 1999-2010 Established standalone pediatric specialty hospital concept Integrated perinatal services within the children's hospital Expansion within Hyderabad and a new city - Vijayawada 2011-2020 Nurtured perinatal services Enhanced Pediatric multi specialty and tertiary care services Investment by the CDC Group, UK Foray into newer cities – Bengaluru and New Delhi Hub and Spoke model nurtured in Hyderabad 2025 Acquisition of: Prashanthi Hospital, Warangal & Pratiksha Hospital, Guwahati 25 years of Rainbow Journey 2021-2024 Successful listing on the stock exchanges - NSE and BSE Largest chain of comprehensive pediatric care with cutting-edge quaternary care services Largest pediatric training program in private healthcare in the country Venturing into newer territories: Chennai and Visakhapatnam Pioneering the way: The first pediatric and fertility hospital to earn prestigious JCI accreditation in the country
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 7 Note: 1 Including Electronic city Hospital, Bengaluru 2Numbers for 9M FY26; 3 Including full time residents and DNB States, Cities Out-patient clinics Doctors3 Hospitals1 1,000+ 23 5 6,9 In-patient admissions2 Out-patient visits2 Deliveries 2 Capacity beds1 14k+ 1,174k+ 2,375 77.3k+ Footprint of Rainbow Hospital
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE A novel approach in pediatrics healthcare services PERFORMANCE THROUGH DESIGN Focused child centric healthcare network Widest Suite of Pediatric and perinatal care specifically designed in child centric environment Multi- disciplinary approach Collaborative team approach to deliver better outcomes in patient care Hub and Spoke model for wider city coverage Pediatrics and Obstetric Care and emergency Unique doctor engagement model Full-time, 24X7 consultant-led service LARGE ADDRESSABLE MARKET ESG as a core principleRobust Financials High Governance Standards UNIQUE OPERATING MODEL 8
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Ability to conceptualize, create and operate specialized children’s hospitals Children Centric Hospitals 9 Children centric environment and soothing interiors help in children to recover faster Allocation of significant portion of capex towards interiors of hospitals for creating congenial environment
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Rainbow's doctor engagement model Best-in- class training program Brand Rainbow Enriching career development Outstanding professional capabilities ▪ Recognised as MRCPCH Examination Centre ▪ Recognised as training center1 by National Board of Examinations ▪ Leading training program in India approved by National Board of Examinations ▪ Two decades of pioneering work ▪ One of the advanced institutes offering all Paediatrics specialities under one roof including quaternary care ▪ One of the leading comprehensive perinatal centres ▪ Retainer/Support in beginning years ▪ Competitive compensation and rewards ▪ Opportunities to grow, absorb in the Rainbow network ▪ Multidisciplinary approach to create comprehensive clinical environment and better work life balance ▪ 1000+ full time doctors ▪ A number of doctors trained or possess qualifications from the UK, USA, Canada, Australia ▪ Modern infrastructure and clinical back-up to provide quality care Note: 1 For offering training in Pediatrics, Neonatology, Pediatrics Intensive Care, Pediatric subspecialties, Obstetrics and Gynaecology Increasing availability of medical talent High retention and loyalty Commitment to quality services 10 Doctor engagement model fostering loyalty and sustainability with an institution-first approach
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE The specialist in comprehensive children’s care Pediatric Secondary Care ▪ Pediatric outpatients ▪ Immunizations ▪ Developmental Screening ▪ Acute and seasonal illness Pediatric Tertiary Intensive Care ▪ Care of preterm babies with low/extremely low birth weight ▪ Newborn emergency transports ▪ Neonatal surgical Services ▪ Advanced ventilation including HFOV ▪ Pediatric neurocritical care services ▪ ECMO services Pediatric Multi-specialty & Quaternary Care ▪ Pediatric Surgery, urology and minimal invasive surgery ▪ Pediatric Cardiology and cardiac surgery ▪ Pediatric Neurology and neuro-surgery ▪ Pediatric Haemato-oncology ▪ Pediatric Gastroenterology and liver diseases ▪ Pediatric Nephrology ▪ Pediatric Pulmonology and allergy ▪ Pediatric transplantation (liver, kidney, bone- marrow) ▪ CRRT, plasmapheresis, hemodialysis 11 Full suite of Pediatric offerings 13 Hospitals Accredited by NABH ~1/3 of Beds Allocated to Critical Care 3 Hospitals Accredited by JCI# # JCI accreditation received for Banjara Hills, Hyderabad, Marathahalli, Bengaluru & Fertility services at Kondapur Hospital, Hyderabad
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 12 Comprehensive services for all pediatric care needs Pediatrics Obstetrics, Fetal Medicine & Fertility Fully integrated maternity care and fertility services ▪ Comprehensive perinatal service ▪ 24/7 Obstetrics, anesthesia, blood bank ▪ Maternity ICU ▪ 24*7 full spectrum of Pediatric multi specialty cover with level 4 NICU care Synergy Seamless ComplementaryEase of seeing both pediatrician and obstetrician Coordinated handholding for both perinatal and pediatric services Full range of fetal service included cardiac echo/neonatologist consultation prior to delivery Accessibility/nativity/comfort/ knows the system/strong recommendation from pediatrician Comprehensive perinatal care provider, with synergies between paediatric and perinatal services
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Hub and Spoke approach to optimise delivery of patient care services at scale Current cities Major cities in target region 13 Accessibility of super-specialty at hubs, general pediatrics at spokes Financially prudent expansion Network effect and synergies enhance operational efficiencies Regional level “South Connect” model HUB & SPOKE 1-2 hubs per metro/city Pediatrics super specialists Tertiary & quaternary care Typically 150-250 beds Refer complex cases to hub Typically 50-100 beds Primary, secondary and basic tertiary care 5-8 spokes around a hub City level hub and spoke model Regional spokes at 200-250 kms from city hubs Regional spokes to provide high quality Pediatric, obstetrics and gynaecology care at tier-II cities and act as connecting bridge to address a large market ▪ Robust transport network to save sick newborn and children from districts ▪ Establish Pediatric sub-specialty outreach clinic at districts ▪ Provide emergency service for maternal and Pediatric patients
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 14 Hub & Spoke Model Hub Spoke Hyderabad Bengaluru Chennai Upcoming Hospital • Hub Hospital is centrally situated, providing accessibility from all part of the city • Spokes hospitals are situated at areas experiencing rapid growth and development, strategically located to ensure convenient access for nearby towns and cities
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Robust governance framework High Governance Standard Board of directors ▪ Specialist in Pediatric Gastroenterology, Hepatology and Nutrition ▪ Worked in prestigious hospitals such as King’s College Hospital, London, Great Ormond Street Children’s Hospital – London and is a member of the Royal Colleges of Physicians of the United Kingdom ▪ Bestowed with ‘healthcare leader of year’ award at the Financial Express, Healthcare award, 2024 15 33% 40% 50% 75% 100% 100% Treasury Management Risk Management CSR & ESG Stakeholders Relationship Audit Nomination & Remuneration Committees of the Board % Independent Directors 57% 14% Independent Director Women Director Board composition Dr. Ramesh Kancharla Chairman & Managing Director MD (Pediatrics) & MBBS (UK) Dr. Adarsh Kancharla Non Executive Director Dr. Dinesh Kumar Chirla Whole-time Director Mr. Aluri Srinivasa Rao Independent Director Ms. Sundari Raviprasad Pisupati Independent Director Dr. Anil Dhawan Independent Director Mr. Santanu Mukherjee Independent Director
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Our Mission Our aim at Rainbow Children’s Hospital is to provide highest standards of care for the mother, foetus, new born and children so that none of them is deprived of a tertiary care facility. Our Vision The measure of our success is in the number of smiling faces. The measure of our success is in the number of smiling faces.Awards & Accolades
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17 Quarterly Performance
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 1 Weighted average operational bed for the quarter/period are considered for occupancy calculations Commencement of Operations : 1. Prashanthi Hospital, Warangal on 1 st July with 100 capacity beds (70 operational beds), 2. Pratiksha Hospital, Guwahati from 1st September with 150 capacity beds (85 operational beds), 3. Rainbow Rajahmundry from 1 st October with 100 capacity beds (80 operational beds) 18 Capacity Beds Operational Beds 27,977 25,605 28,380 Q3 FY26 Q3 FY25 Q2 FY26 +9% 4,17,342 3,54,249 4,27,595 Q3 FY26 Q3 FY25 Q2 FY26 +18% IP Discharges OP Consultations Q3 FY26 Q3 FY25 Q2 FY26 47.2% 53.2% 52.0% -11% Occupancy$ 58,362 53,404 57,396 Q3 FY26 Q3 FY25 Q2 FY26 9% ARPOB* 2.73 2.91 2.73 Q3 FY26 Q3 FY25 Q2 FY26 -6% ALOS# 5,354 4,600 4,753 Q3 FY26 Q3 FY25 Q2 FY26 +16% No. of beds1 Deliveries * ARPOB = Total operating revenue / occupied beds days for the period # ALOS = occupied bed days / total IP discharges Occupied Bed Days = sum of midnight census for the period $Occupancy = Occupied bed days / (Weighted operational beds for the period * no. of days for the period) Q3 FY26 - Operational KPIs (1/2) 2,285 1,935 2,285 1,758 1,523 1,621 Q3 FY26 Q3 FY25 Q2 FY26 +18%
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 19 Capacity Beds Operational Beds 1,371 1,371 1,371 1,071 1,071 1,071 Q3 FY26 Q3 FY25 Q2 FY26 0% Q3 FY26 Q3 FY25 Q2 FY26 52.6% 58.8% 55.9% -11% 62,319 56,172 61,026 Q3 FY26 Q3 FY25 Q2 FY26 +11% Q3 FY26 Q3 FY25 Q2 FY26 38.8% 40.0% 44.3%-3% Occupancy@ 49,997 43,763 48,492 Q3 FY26 Q3 FY25 Q2 FY26 14% ARPOB* 2.69 2.82 2.66 Q3 FY26 Q3 FY25 Q2 FY26 -5% ALOS# 2.75 2.94 2.76 Q3 FY26 Q3 FY25 Q2 FY26 -7% No. of beds ^ 914 564 914 687 452 550 Q3 FY26 Q3 FY25 Q2 FY26 +62% New Mature 1 Matured Hospitals include the hospitals which have completed 5 years of operations as on 31st March 2020. Rainbow Children’s Heart Institute, Hyderabad, Rosewalk by Rainbow Hospitals, New Delhi have competed 5 years and are categorized as matured hospital from this financial year. Historical data will not match due to this change. ^ Weighted average operational bed for the quarter/period are considered for occupancy calculations Commencement of Operations : 1. Prashanthi Hospital, Warangal on 1 st July with 100 capacity beds (70 operational beds), 2. Pratiksha Hospital, Guwahati from 1st September with 150 capacity beds (85 operational beds), 3. Rainbow Rajahmundry from 1 st October with 100 capacity beds (80 operational beds) 2 New Hospitals include the hospitals which are under 5 years of operations : 1. Hebbal, Bengaluru 2. Visakhapatnam, Andhra Pradesh 3. OMR, Chennai 4. Financial District, Hyderabad 5. Himayatnagar, Hyderabad 6, Sarjapur Road, Bengaluru 7. Anna Nagar, Chennai 8. Prashanthi Hospital, Warangal 9. Pratiksha Hospital, Guwahati 10. Rajahmundry, Andhra Pradesh Occupancy@ ARPOB* ALOS # New Hospitals2 Matured Hospitals1 No. of beds^ * ARPOB = Total operating revenue / occupied beds days for the period ; # ALOS = occupied bed days / total IP discharges ; Occupied Bed Days = sum of midnight census for the period ; @Occupancy = Occupied bed days / (Weighted operational beds for the period * no. of days for the period) Q3 FY26 - Operational KPIs (2/2)
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 20 30.5 % 30.9 % 12.0% 14.4% 15.0% Revenue (Mn) PAT (Mn) XX.X% - Margins EBITDA (Mn) 28.4% 30.5% 30.9% 4,454 3,981 4,448 Q3 FY26 Q3 FY25 Q2 FY26 12% 739 689 756 Q3 FY26 Q3 FY25 Q2 FY26 7% 1,470 1,344 1,489 Q3 FY26 Q3 FY25 Q2 FY26 9% 33.0% 33.8% 33.5% 16.6% 17.3% 17.0% Q3 FY26 – Financial Performance
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 21 30.5 % 34.6 % 30.9 % 35.1% 34.8% 18.6% 19.0% 19.0% 49.0%51.0% Cash Insurance Q3 FY26 1The payor profile represents only Inpatient Income (IP) ; Outpatient Income is excluded 48.7%51.3% Q3 FY26 – Payor Profile1 Q3 FY25
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Consolidated statement of profit and loss 22 All numbers in INR Mn Q3 FY26 Q3 FY25 YoY Growth Q2 FY26 QoQ Growth 9M FY26 9M FY25 YoY Growth Income Revenue from operations 4,454.5 3,980.8 11.9% 4,448.0 0.1% 12,431.8 11,457.6 8.5% Other income 105.1 132.7 -20.8% 82.0 28.3% 387.2 364.8 6.1% Total income 4,559.6 4,113.6 6.3% 4,529.9 0.7% 12,819.0 11,822.4 8.4% Expenses Cost of materials consumed 603.3 537.3 12.3% 622.1 -3.0% 1,700.5 1,478.8 15.0% Employee benefits expense 600.6 493.1 21.8% 587.8 2.2% 1,704.6 1,520.5 12.1% Finance costs 202.0 180.7 11.8% 188.5 7.1% 571.2 543.3 5.1% Depreciation and amortisation expense 396.0 352.3 12.4% 358.4 10.5% 1,096.3 1,042.8 5.1% Professional fees to doctors 1,080.6 943.7 14.5% 1,063.2 1.6% 3,061.4 2,745.6 11.5% Other expenses 700.2 663.2 5.6% 686.2 2.0% 1,970.7 1,961.1 0.5% Total expenses 3,582.7 3,170.3 13.0% 3,506.2 2.2% 10,104.6 9,292.1 8.7% Profit before tax 976.9 943.3 3.6% 1,023.7 -4.6% 2,714.4 2,530.3 7.3% Tax expenses: (a) Current tax 239.0 228.1 4.8% 292.6 -18.3% 706.5 678.6 4.1% (b) Deferred tax expense/(credit) -1.0 5.9 -117.3% -25.2 -95.9% -21.9 -41.5 -47.4% (c) Adjustment of tax related to earlier periods - 19.8 - -3.5 16.6 Total tax expense 238.0 253.9 -6.3% 267.5 -11.0% 681.1 653.6 4.2% Profit for the year 739.0 689.4 7.2% 756.2 -2.3% 2,033.3 1,876.7 8.3% EBITDA (Post Ind AS 116 & excluding other income) 1,469.8 1,343.6 9.4% 1,488.7 -1.3% 3,994.6 3,751.6 6.5% Less : IND AS Impact 253.0 220.0 233.5 710.6 649.2 EBITDA (Pre Ind AS 116 & excluding other income) 1,216.8 1,123.6 8.3% 1,255.1 -3.1% 3,284.0 3,102.4 5.9%
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23 YTD Performance
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Deliveries 9M FY26 - Operational KPIs (1/2) 24 Capacity Beds Operational Beds 2,285 1,935 1,634 1,523 9M FY26 9M FY25 +18% 77,349 75,420 9M FY26 9M FY25 +3% 11,74,268 10,69,832 9M FY26 9M FY25 +10% IP Discharges OP Consultations 9M FY26 9M FY25 46.6% 51.9% -10% Occupancy$ 59,324 52,760 9M FY26 9M FY25 +12% ARPOB* 2.71 2.88 9M FY26 9M FY25 -6% ALOS# 14,090 13,128 9M FY26 9M FY25 +7% No. of beds^ * ARPOB = Total operating revenue / occupied beds days for the period # ALOS = occupied bed days / total IP discharges Occupied Bed Days = sum of midnight census for the period $Occupancy = Occupied bed days / (Weighted operational beds for the period * no. of days for the period) 1 Weighted average operational bed for the quarter/period are considered for occupancy calculations Commencement of Operations : 1. Prashanthi Hospital, Warangal on 1 st July with 100 capacity beds (70 operational beds), 2. Pratiksha Hospital, Guwahati from 1st September with 150 capacity beds (85 operational beds), 3. Rainbow Rajahmundry from 1 st October with 100 capacity beds (80 operational beds)
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE ALOS # 9M FY26 - Operational KPIs (2/2) 25 Capacity Beds Operational Beds 1,371 1,371 1,071 1,071 9M FY26 9M FY25 0% 9M FY26 9M FY25 50.8% 58.1% -13% 63,010 55,100 9M FY26 9M FY25 +14% 9M FY26 9M FY25 38.7% 37.0% +5% Occupancy@ 50,131 44,061 9M FY26 9M FY25 +14% ARPOB* 2.66 2.76 9M FY26 9M FY25 -3% ALOS# 2.73 2.91 9M FY26 9M FY25 -6% No. of beds ^ 914 564563 452 9M FY26 9M FY25 +62% New 1Matured Hospitals include the hospitals which have completed 5 years of operations as on 31st March 2020. Rainbow Children’s Heart Institute, Hyderabad, Rosewalk by Rainbow Hospitals, New Delhi have competed 5 years and are categorized as matured hospital from this financial year. Historical data will not match due to this change. ^ Weighted average operational bed for the quarter/period are considered for occupancy calculations Commencement of Operations : 1. Prashanthi Hospital, Warangal on 1 st July with 100 capacity beds (70 operational beds), 2. Pratiksha Hospital, Guwahati from 1st September with 150 capacity beds (85 operational beds), 3. Rainbow Rajahmundry from 1 st October with 100 capacity beds (80 operational beds) 2 New Hospitals include the hospitals which are under 5 years of operations : 1. Hebbal, Bengaluru 2. Visakhapatnam, Andhra Pradesh 3. OMR, Chennai 4. Financial District, Hyderabad 5. Himayatnagar, Hyderabad 6, Sarjapur Road, Bengaluru 7. Anna Nagar, Chennai 8 . Prashanthi Hospital, Warangal 9. Pratiksha Hospital, Guwahati 10. Rajahmundry, Andhra Pradesh Occupancy@ ARPOB* New Hospitals2 Matured Hospitals1 No. of beds^ * ARPOB = Total operating revenue / occupied beds days for the period ; # ALOS = occupied bed days / total IP discharges ; Occupied Bed Days = sum of midnight census for the period ; @Occupancy = Occupied bed days / (Weighted operational beds for the period * no. of days for the period)
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 9M FY26 - Financial Performance 26 12,432 11,458 9M FY26 9M FY25 +9% 30.5 % 30.9 % 12.0% 14.4% Revenue (Mn) PAT (Mn) XX.X% - Margins 3,995 3,752 9M FY26 9M FY25 +6% EBITDA (Mn) 32.1% 32.7% 30.9% 2,033 1,877 9M FY26 9M FY25 +8% 16.4% 16.4%
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 9M FY26 – Payor Profile1 27 30.5 % 34.6 % 30.9 % 35.1% 34.8%35.3% 18.6% 19.0% 19.0% 48.2% 51.9% Cash Insurance 48.0% 52.0%9M FY26 9M FY25 1The payor profile represents only Inpatient Income (IP) ; Outpatient Income is excluded
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28 Key Developments
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 29 Mr. Abrarali Dalal Group Chief Executive Officer Mr. Abrar Ali Dalal – Onboarded as Group CEO • Mr. Abrarali Dalal is a seasoned business leader with over 25 years of experience spanning healthcare and allied sectors. He has successfully led large, multi-location hospital networks through transformational growth journeys, driving scale, profitability, and operational excellence, while serving in multiple CXO roles and steering organizations from top leadership positions. • Over the years, he has held progressive leadership roles across operations, strategy, and business development, with a proven track record in turnaround management, brownfield expansions, clinical excellence, and brand repositioning. • His strategic focus has been on digital transformation, star clinician recruitment and retention, and productivity-led profitability improvement. Mr. Dalal is known for his sharp business acumen, people-first leadership, and ability to deliver strong investor outcomes through disciplined execution and value creation. • He holds an MBA and a Diploma in Foreign Trade from reputed institutions in Pune, and a Bachelor’s degree in Science.
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 30 Commencement of new 100 beds hospital at Rajahmundry, AP • Ms. Brahmani Nara (Executive Director, Heritage Foods) and Ms. Tejaswini Mathukumilli (Philanthropist) formally inaugurated the 100-bed greenfield hospital in Rajahmundry, Andhra Pradesh. • With steady economic activity from agriculture, aqua and allied sectors, and increasing urban development, the city is emerging as a strong demand center for healthcare services. • The hospital has been conceived as a regional hub to address healthcare needs across East and West Godavari regions, with affluent tier two cities, and adjoining districts together representing an addressable population of nearly 10–12 million • Strengthens Rainbow’s footprint in the state, making Rajahmundry its third hospital in Andhra Pradesh, after Vijayawada and Visakhapatnam.
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 31 City / Cluster Current Capacity FY : 25-26 FY : 26-27 FY : 27-28 FY: 28-29 Total Telangana1 1,0401 1,040 Bengaluru 5322 Hennur (~60) 592 Tamil Nadu 270 Coimbatore3 (~130) 400 National Capital Region (NCR)# 24 Gurugram Sector – 44 (~325) Gurugram Sector – 56 (~125) 474 Andhra Pradesh 359 359 North East 1504 150 Pune - Pune (~150) 150 Total Beds 2,375 60 130 450 150 3,165 Expansion Plan & Timelines 1 Telangana beds includes acquisition of Prashanthi Hospital, Warangal from 1st July 2025 2 Electronic City Hospital commenced operations from 28th January 2026 3 Coimbatore is expected to get commissioned by end of FY26-27 4 North East beds includes acquisition & integration of Pratiksha Hospital, Guwahati from 1st September 2025 # Bed Count excludes the 130 beds at Malviya Nagar where Rainbow Hospitals provides Medical services () indicates no. of beds
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Shareholding – as on December 31, 2025 99.7 Promoter & Promoter Group 49.8%MFs & AIFs 17.2% FPIs & NRIs 19.5% Others 13.5% Shareholding Pattern 32 MFs - Mutual Funds, AIFs - Alternative Investment Fund, FPIs - Foreign Portfolio Investors, NRIs - Non- Resident Indians Institutional Shareholders holding more than 1% as on December 31, 2025 Sr. No Name of Shareholder Share Holding# (%) 1 DSP MUTUAL FUND 4.32 2 FRANKLIN TEMPLETON MUTUAL FUND 2.81 3 ICICI PRUDENTIAL 2.80 4 AXIS MUTUAL FUND 2.13 5 ABU DHABI INVESTMENT AUTHORITY 2.01 6 TATA MUTUAL FUND 1.50 7 HDFC LIFE INSURANCE COMPANY LIMITED 1.47 8 ASHOKA WHITEOAK INDIA MUTUAL FUND 1.32 9 NIPPON INDIA MUTUAL FUND 1.09 10 KUWAIT INVESTMENT AUTHORITY 1.02 # Different Schemes of Investor / Fund House are grouped together
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33 Thank You “It takes a lot to treat the little”
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE Pioneering comprehensive pediatric healthcare with robust infrastructure (1/2) # beds Note: 1Rainbow Children’s heart institute, Banjara hills, Hyderabad ; 2Telangana beds includes acquisition of Prashanthi Hospital, Warangal on 1st July 2025; 3 Bed Count excludes the 130 beds at Malviya Nagar where Rainbow Hospitals provides Medical services Banjara Hills, 1999 # 250 Vikrampuri, 2009 # 110 Hydernagar, 2014 # 160 Marathahalli, 2015 # 200 BG Road, 2016 # 102 Hebbal, 2020 # 50 Bengaluru (532 beds) LB Nagar, 2016 # 100 Kondapur, 2013 # 50 RCHI1, 2019 # 110 Financial District, 2023 # 100 Telangana2 (1,040 Beds) Himayat Nagar, 2024 # 60 Total No. of Beds 2,3753 Sarjapur, 2024 # 90 Warangal2, 2025 # 100 Electronic City, 2026 # 90
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE 35 Malviya Nagar3, 2017 # 130 Rosewalk, 2019 # 24 Visakhapatnam, 2020 # 129 Vijayawada, 2007 # 130 Guindy, 2018 # 135 Delhi 3 (24 Beds) Andhra Pradesh (359 beds) Chennai (270 beds) Sholinganallur, 2022 # 55 Anna Nagar, 2024 # 80 # beds Note; 3 Bed Count excludes the 130 beds at Malviya Nagar where Rainbow Hospitals provides Medical services; 4Nort East beds includes acquisition & complete integration of Pratiksha Hospital, Guwahati on 1st September 2025 Pioneering comprehensive pediatric healthcare with robust infrastructure (2/2) Total No. of Beds 2,3753 Northeast (150 Beds) Guwahati, 2025 # 150 Rajahmundry, 2025 # 100
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36 Appendix
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE ▪ An 11-year-old child was born with biliary atresia, a serious condition in which the bile ducts are absent. ▪ As an infant, the child underwent a Kasai surgery at another hospital in an attempt to restore bile flow. Although there was an improvement for a few years, the liver continued to fail over time and was referred to Rainbow Children’s Hospital, Marathahalli ▪ The child continued to progress to end stage liver disease where liver transplant is the only option for survival. ▪ After detailed evaluation, the mother’s liver found to be appropriate for liver donation. ▪ Our liver transplant team performed living related Liver Transplant, using left lobe from the mother. ▪ The new liver began functioning well, and the child made a steady recovery. Today, the child is stable and thriving, with a second chance at life — made possible by a mother’s sacrifice and the advanced transplant care at Rainbow. Gift of Life from Mother: Saving a Child with Liver Failure – Rainbow Bangalore’s First Liver Transplant
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE ▪ An 11-year-old child from Africa came to us with a feeling of heaviness on the right side of the face and a bulging of the right eye. There was no pain, no fever, no redness, and no bleeding from the nose or mouth. ▪ The child had a history of a similar problem before and had already undergone surgery at the age of 10. Because the swelling came back, two more surgeries had been done within a few months. ▪ On examination, the right eye was pushed forward and the right side of the face looked swollen. The swelling was firm but not painful. New scans and tests were done, and doctors considered a few possible bone-related tumors of the upper jaw. ▪ A team of specialists—including pediatric surgeons, dental surgeons, ENT doctors, radiologists, anesthetists, and eye specialists—discussed the case together. They decided that the best treatment was to remove the growth completely through open surgery. ▪ The surgery was done successfully. The extracted tumor histologically showed benign nature. ▪ After the operation, the child was kept in the intensive care unit for one day for close monitoring. The next day, the nasal packing was removed. Liquids were started by mouth on the second day, and the child was then shifted to the regular ward. ▪ Recovery went well, and the child was discharged on the fifth day after surgery, eating normally and in stable condition. A Battle Beneath the Surface: Saving a Child from a Recurrent Facial benign Tumor
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE ▪ A 22-day-old newborn, born late preterm, was referred with persistent poor feeding, reduced activity, and excessive sleepiness since birth. ▪ The baby had a difficult neonatal course with brief breathing problems requiring CPAP support. ▪ On examination, the infant had generalized hypotonia (a “floppy” baby), along with subtle facial differences and differences in eye pigmentation. Initial brain imaging, including ultrasound and MRI, did not show any structural abnormality, making the cause of the central hypotonia unclear. ▪ In view of the ongoing feeding difficulty and low muscle tone, a detailed metabolic and genetic evaluation was undertaken. Rapid whole genome sequencing confirmed a diagnosis of Prader- Willi syndrome, a rare genetic disorder affecting muscle tone, feeding, growth, and later development. ▪ The newborn was started on assisted feeding methods, physiotherapy, and oromotor stimulation. Plans have been made for long-term follow-up and early initiation of growth hormone therapy, which can significantly improve muscle strength, growth, and overall outcomes. ▪ This case highlights the importance of considering Prader-Willi syndrome in any preterm or term neonate with persistent hypotonia and feeding difficulty, as early genetic diagnosis allows timely intervention and better long-term prognosis. Deciphering Prader-Willi Syndrome - A rare genetic disorder in a neonate
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COLOR PALETTE Text 0 0 0 Title bar/Bullets 27 180 185 ACCENTS 1 124 57 150 206 167 222 2 234 98 76 247 192 183 3 64 163 184 177 219 228 4 42 163 223 170 218 242 5 229 97 102 245 192 194 6 112 188 79 198 228 185 Hyperlink 71 143 191 181 210 229 Followed Hyperlink 208 49 24 243 167 155 Lines 0 0 0 Highlights 27 180 185 TABLE About Us Rainbow network comprises of 231 hospitals and 5 clinics in 9 cities, with a total bed capacity of 2,3751 beds. Our Pediatric services under “Rainbow Children’s Hospital” includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including organ transplantation); whereas our women care services under “Birthright by Rainbow” offers perinatal care services which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care along with gynecology services. Rainbow Children’s Hospital built on strong fundamentals of multidisciplinary approach with a full-time consultant led clinical service along with 24/7 commitment in a child centric environment. The company follows a hub-and-spoke operating model where the hub hospital provides comprehensive outpatient, inpatient care, with a focus on tertiary and quaternary services, while the spokes provide emergency care in pediatrics and obstetrics, large outpatient services and comprehensive obstetrics, pediatric and level 3 NICU services. This model is successfully operational at Hyderabad and is gaining traction in Bengaluru. The endeavor is to replicate this approach in Chennai and across the National Capital Region. Subsequently Rainbow intends to expand into tier-2 cities of Southern India. Rainbow embraces a unique doctor engagement model, where doctors work exclusively on a full-time, retainer basis. The doctors work in teams and have 24/7 commitment, which is particularly important for children’s emergency, neonatal, pediatric intensive care services and to support pediatric retrieval services. The Company also operates the country’s largest pediatric DNB training programme in private healthcare, offering post graduate residential DNB and fellowship programme. 40 Vikas Maheshwari Group Chief Financial Officer Rainbow Children's Medicare Limited Tel: + 91(40) 4969 2222 Email: investorrelations@rainbowhospitals.in Saurabh Bhandari Head Investor Relations & Group Business Analyst Rainbow Children's Medicare Limited Tel: + 91(40) 4969 2222 Email: saurabh.bhandari@rainbowhospitals.in For further information please contact 1 Including Electronic city Hospital, Bengaluru