HSCC, a PSE under the Ministry of Health and Family Welfare, has been rendering a comprehensive range of professional consultancy services in health sector in India and abroad for over three decades. It has to its credit over 100 healthcare projects — designed, engineered and project-managed — across the country and overseas.
HSCC’s consistent excellent performance in turnover and its top-line and bottom-line growth — over the last quinquennial in particular —was recognised when Health & Family Welfare Minister J P Nadda granted it Mini Ratna Category-I status. The honour was awarded to CMD Gyanesh Pandey at a simple ceremony, eld at Nirman Bhawan in the Capital on Monday.
A profit making organisation since inception HSCC attained Mini Ratna-II status in 2002. HSCC’s performance over the last quinquennial has been exceptional, company registered a 93 per cent increase in turnover from Rs 33 cr in 2009-10 to around Rs 64 cr during 2014-15. Its PAT (profit after tax) recorded a 186 per cent jump to Rs 24.5 cr from Rs 8.6 cr. Company’s net worth too grew 92 per cent to Rs 139.33 cr. Its profit margin at around 60 per cent is much higher than most PSUs. Company’s earnings per employee at Rs 42 Lakh is also higher than the market.
Having established its brand image and emerged as a leading healthcare consultancy firm globally, HSCC today has 90 odd projects — diverse in nature and varying capacities — spread across the country in hand and a healthy order-book position. The company is geared to add more than 20,000 beds in next 3 years. HSCC is amongst the fastest growing PSUs in last 3 years.
Secretary (Health and Family Welfare) Bhanu Pratap Sharma, DGHS Dr (Prof) Jagdish Prasad, Additional Secretary C K Mishra, Additional Secretary Arun Panda, Additional Secretary Vijaya Srivastava, Joint Secretary Rakesh Kumar, Joint Secretary K C Samria were present on this occasion along with officials of HSCC.