Education
Health
Chandan Healthcare Scales Franchise Network to 500+ Franchises; Targets 1,000 Franchises by FY27-End
Lucknow (Uttar Pradesh) [India], September 23: Chandan Healthcare Limited (NSE – CHANDAN), – an integrated diagnostics company offering pathology and radiology services, has expanded its diagnostic franchise network to 568 franchises within a short span of six months, strengthening its last-mile presence and diagnostic collection network. The Company plans to scale the network to 1,000 franchises by the end of FY27 and subsequently target 3,000 franchises over the next two years.
Chandan Healthcare’s franchises primarily operate as diagnostic collection points, with samples routed to the nearest Chandan laboratory or diagnostic centre for processing. The franchise partner undertakes local infrastructure and operating expenses, while Chandan provides diagnostic capabilities, quality protocols, branding and operational support. With franchise outlets requiring no capex deployment from Chandan Healthcare, the model enables the Company to scale its network without additional franchise-level capital investment from its balance sheet, while supporting its margin profile.
As on 23rd September, 2026, the Company operates 23 Comprehensive Diagnostic Centres, 18 Diagnostic Centres, 25 standalone laboratories and 2 Central Reference Laboratories, alongside a network of 568 operational franchises.
Currently, around 80% of the franchise network is concentrated in Uttar Pradesh, where Chandan has built significant collection density around its diagnostic infrastructure. The next phase will focus on replicating this network across newer geographies, with the Company progressively expanding its franchise presence across India.
The combination of owned diagnostic hubs and an expanding franchise network provides Chandan Healthcare with a scalable route to enter new markets, widen patient access and generate additional volumes for its existing laboratory infrastructure.
Commenting on the Development, Mr. Amar Singh, Promoter and Chairman & Managing Director of Chandan Healthcare Limited, said, “Our franchise journey is still relatively new, but the response has enabled us to scale to 568 franchises within a short span of six months. We are now working towards reaching 1,000 franchises by the end of FY27 and subsequently scaling the network to 3,000 franchises over the next two years.
The strategy is to build laboratories and diagnostic centres as hubs and create a wider network of franchise collection points around them. This allows us to reach patients in locations where establishing a full diagnostic centre may not be necessary, while the additional sample volumes can improve utilisation of our existing laboratory infrastructure. As our owned and franchise networks expand together, we expect to build a significantly wider diagnostics footprint across India.”
About Chandan Healthcare Limited
Chandan Healthcare Limited, established in 2003, is one of India’s leading providers of diagnostic and pharmacy services and a key entity of the Chandan Group. The Company delivers a comprehensive range of pathology and radiology services through its expanding network across India.
As on 23rd September 2026, the Company operates 568 Franchise, 23 Comprehensive Diagnostic Centres, 18 Diagnostic Centres, 25 standalone laboratories, 2 Central Reference Laboratories, strengthening its presence across urban, semi-urban and emerging markets. Its diagnostic portfolio comprises more than 3,000 pathology tests and 500+ radiology tests, including blood tests, X-ray, ECG, Ultrasound, CT scan, MRI and several other specialized diagnostic investigations. The Company’s network includes NABL and NABH accredited pathology laboratories and radiology centres, reflecting its commitment to delivering reliable, high-quality diagnostic services.
Chandan Healthcare operates through a diversified business model comprising B2C (Retail Customers), B2B (Institutional & Corporate Clients) and B2G (Government PPP Contracts), providing a balanced and scalable revenue profile while catering to a wide spectrum of healthcare needs.
The Company was listed on the NSE Emerge platform on February 17, 2025.
During FY26, The Company reported Consolidated Total Income of ₹280.67 Cr, EBITDA of ₹56.84 Cr and Profit After Tax (PAT) of ₹27.06 Cr, reflecting its continued operational growth and financial strength.
Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
Business
Chessveda Partners with Commonwealth Chess Association to Promote Chess Across Commonwealth Nations
Samarkand [Uzbekistan], September 23: In a significant milestone for Indian chess, Chessveda, an integrated Indian online chess platform, has entered into a partnership with the Commonwealth Chess Association (CCA) to promote and expand chess activities across Commonwealth nations.
The partnership agreement was signed on the sidelines of the Chess Olympiad Samarkand 2026 in Uzbekistan, in the presence of Adv. Nandan Jha, Chairman, Chessveda, and Mr. Bharat Singh Chauhan, Chairman, Commonwealth Chess Association. The occasion was also attended by Nitin Narang, President of All India Chess Federation (AICF), presidents of chess federations from Commonwealth countries, along with several Grandmasters and International Masters from the global chess community.
Under the partnership, Chessveda and the Commonwealth Chess Association will collaborate to organise chess tournaments, Olympiads and other chess-related events across Commonwealth nations. The collaboration aims to create greater opportunities for players, organisers, coaches and chess communities while strengthening the chess ecosystem across the Commonwealth.
Chessveda Chairman, Adv. Nandan Jha, said, “We envision organising online Chess Olympiads and other major championships at a global level. Our aim is to bring the global potential of chess and online chess to India, while providing Indian grassroots talent with opportunities to compete on global platforms and stages. Through this initiative, we hope to help Indian players showcase their talent internationally and contribute to taking Indian chess to greater heights.”
Commonwealth Chess Association Chairman Bharat Singh Chauhan said, “We are delighted to support Chessveda and are pleased to formalise this partnership. It is a privilege to have Chessveda as an official partner for online chess. We look forward to expanding access to chess for players and participants across Commonwealth nations through this online platform and creating more opportunities for them to participate and compete.”
Strengthening India’s Role in Global Chess
The partnership marks an important step for an Indian chess platform to collaborate with an international organisation working to foster chess across Commonwealth countries.
Through this association, Chessveda aims to contribute to the development of competitive chess while supporting greater participation and engagement among players across different age groups and skill levels.
Chessveda: Connecting Chess Through One Digital Platform
Chessveda is an integrated online chess platform designed to make chess more accessible, engaging, competitive and connected for players of all ages and skill levels.
The platform brings together multiple aspects of the chess ecosystem, including:
- Online chess playing
- Chess learning and training
- Tournaments and competitions
- Coaching
- Chess communities
- Chess news and updates
- Chess-related content
Chessveda seeks to bridge the gap between traditional chess and the digital world by creating an ecosystem where players can learn, play, compete, connect and grow on a single platform.
About Commonwealth Chess Association
The Commonwealth Chess Association (CCA) is the international organisation representing chess activities among the nations of the Commonwealth. The CCA was founded in 1980 and unites the commonwealth chess federations, while keeping strict neutrality in the internal affairs of the national chess federations. The association works towards fostering and promoting chess across Commonwealth countries and supports the development of chess activities and competitions in the region.
The CCA supports the World Chess Federation (FIDE) and is in harmony with FIDE’s aims and statutes. The CCA is affiliated to FIDE as per 2.9 (b) of the FIDE statutes.
One of its key initiatives is the Commonwealth Chess Championship, which is organised on a regular basis and brings together chess players from Commonwealth nations.
The Commonwealth is an intergovernmental organisation comprising 53 independent and equal member countries, working together across areas of common interest.
A New Chapter for Chess Development
The partnership between Chessveda and the Commonwealth Chess Association is expected to provide a broader platform for chess events and participation across Commonwealth nations.
By combining Chessveda’s digital capabilities with the CCA’s international chess network, the partnership aims to support the growth of chess and create new opportunities for players and chess communities across the Commonwealth.
About Chessveda
Chessveda is an Indian integrated digital chess platform focused on making chess more accessible, engaging, and connected. Its ecosystem brings together playing, learning, tournaments, coaching, communities, news, and chess content, enabling players to develop and participate in chess through a single digital platform.
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