Highlights of The Cradle Project.

The Cradle could be a great opportunity for you to be a part of a bold and historic chapter in Indian healthcare. As you will realize, the project is an extremely attractive investment proposition.

Project Cost

Typically The Cradle requires about 16,000 sq ft carpet area and an approximate project cost of over 15 crores excluding the land and building. The Project cost includes investment in Medical Equipment, Interiors and Furniture, Civil Modification, Air Conditioning, Electrical,Information technology (Hardware and Software), Lease Deposit (if the premises are taken on rent), Preliminary and Pre-operative expenses, Working Capital Margin, Contingency Funds and and License Fees to Apollo.The project is ideally funded on a 1:1 Debt Equity ratio.

Revenues

Each Cradle is expected to have a turnover of more than Rs. 5 crores (depending on location) in the first year through both normal and cesarian deliveries, NICU, diagnostics, consultations, antenatal packages, basic gynaecological procedures, and consultations. The turnover is expected to double by the end of the second year.

Expenses

The salaries, rent, administration, interest, depreciation and power consumption are some of the main components of fixed cost, while material/consumable cost, working capital requirement, marketing and Operating License Fees (5% of top line) are the variable costs involved.