Kovai Medical Center & Hospital Ltd
Kovai Medical Center & Hospital Ltd is a Coimbatore-based company which is in the business of advanced healthcare services. It also forayed into education services in 2019 with the commencement of its new Medical College in Coimbatore.[1]
- Market Cap ₹ 3,521 Cr.
- Current Price ₹ 3,218
- High / Low ₹ 3,570 / 1,628
- Stock P/E 25.9
- Book Value ₹ 714
- Dividend Yield 0.16 %
- ROCE 16.8 %
- ROE 17.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of 11.6% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Healthcare Industry: Healthcare
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
222 | 297 | 334 | 402 | 465 | 531 | 588 | 628 | 712 | 690 | 905 | 1,020 | 1,109 | |
179 | 227 | 261 | 307 | 374 | 406 | 459 | 494 | 540 | 495 | 645 | 746 | 817 | |
Operating Profit | 43 | 70 | 73 | 94 | 92 | 125 | 129 | 135 | 171 | 195 | 261 | 274 | 292 |
OPM % | 20% | 24% | 22% | 23% | 20% | 23% | 22% | 21% | 24% | 28% | 29% | 27% | 26% |
2 | 3 | 5 | 7 | 8 | 6 | 7 | 8 | 10 | 12 | 12 | 14 | 19 | |
Interest | 17 | 27 | 24 | 20 | 17 | 15 | 13 | 15 | 18 | 33 | 46 | 43 | 39 |
Depreciation | 12 | 15 | 16 | 21 | 21 | 24 | 34 | 36 | 52 | 68 | 85 | 89 | 89 |
Profit before tax | 16 | 31 | 37 | 59 | 62 | 92 | 89 | 93 | 112 | 106 | 141 | 155 | 184 |
Tax % | 26% | 32% | 36% | 35% | 35% | 35% | 35% | 35% | 15% | 27% | 26% | 25% | |
12 | 21 | 24 | 39 | 40 | 60 | 58 | 60 | 95 | 78 | 104 | 116 | 136 | |
EPS in Rs | 10.92 | 19.42 | 21.68 | 35.37 | 36.95 | 54.81 | 52.99 | 54.96 | 86.44 | 71.00 | 95.28 | 105.80 | 124.44 |
Dividend Payout % | 11% | 8% | 7% | 4% | 7% | 5% | 6% | 5% | 3% | 4% | 6% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 13% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 15% |
3 Years: | 7% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 37% |
3 Years: | 44% |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 19% |
3 Years: | 18% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 50 | 70 | 91 | 127 | 165 | 224 | 276 | 332 | 420 | 499 | 598 | 708 | 770 |
228 | 209 | 184 | 163 | 158 | 125 | 202 | 378 | 543 | 623 | 550 | 511 | 392 | |
50 | 55 | 65 | 85 | 96 | 103 | 116 | 129 | 134 | 148 | 184 | 213 | 228 | |
Total Liabilities | 339 | 345 | 351 | 386 | 430 | 464 | 605 | 850 | 1,108 | 1,281 | 1,343 | 1,443 | 1,401 |
288 | 279 | 277 | 281 | 337 | 354 | 443 | 469 | 643 | 1,033 | 1,085 | 1,088 | 1,073 | |
CWIP | 0 | 5 | 5 | 17 | 10 | 6 | 13 | 227 | 300 | 45 | 5 | 23 | 39 |
Investments | 4 | 4 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
46 | 57 | 65 | 85 | 78 | 100 | 149 | 153 | 165 | 203 | 253 | 331 | 288 | |
Total Assets | 339 | 345 | 351 | 386 | 430 | 464 | 605 | 850 | 1,108 | 1,281 | 1,343 | 1,443 | 1,401 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
56 | 62 | 68 | 97 | 85 | 99 | 87 | 126 | 152 | 186 | 262 | 263 | |
-77 | -9 | -12 | -80 | -113 | -83 | -192 | -352 | -335 | -180 | -292 | -358 | |
17 | -48 | -52 | -43 | -24 | -50 | 60 | 160 | 113 | 38 | -119 | -86 | |
Net Cash Flow | -4 | 6 | 4 | -26 | -53 | -33 | -45 | -66 | -70 | 44 | -149 | -180 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5 | 5 | 8 | 9 | 7 | 8 | 8 | 6 | 4 | 7 | 8 | 9 |
Inventory Days | 36 | 35 | 33 | 25 | 22 | 20 | 23 | 20 | 23 | 19 | 19 | 18 |
Days Payable | 32 | 29 | 35 | 53 | 47 | 37 | 43 | 47 | 46 | 29 | 20 | 35 |
Cash Conversion Cycle | 9 | 11 | 6 | -19 | -19 | -9 | -12 | -21 | -19 | -2 | 6 | -8 |
Working Capital Days | -60 | -49 | -43 | -56 | -52 | -47 | -48 | -49 | -36 | -38 | -38 | -38 |
ROCE % | 12% | 20% | 21% | 27% | 25% | 31% | 24% | 18% | 15% | 13% | 16% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Nov
-
Outcome Of Circular Resolution Passed By Board Of The Company.
17 Nov - Our Board has approved and passed the Resolutions by Circulation on 17.11.2023.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Copies of Newspaper Advertisement, with regard to the Financial Results for the Quarter/Half year ended 30.09.2023
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 11 Nov
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Hospital Portfolio
The company operates peripheral centers in Coimbatore, Sulur, Coimbatore (city center), Erode, and Kovilpalayam, along with hospitals having a combined capacity of approximately 2250 beds. [1]