Kovai Medical Center & Hospital Ltd

Kovai Medical Center & Hospital Ltd

₹ 5,746 4.14%
09 Jun - close price
About

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]

Key Points

Business Segments

  • Market Cap 6,288 Cr.
  • Current Price 5,746
  • High / Low 6,725 / 5,010
  • Stock P/E 25.7
  • Book Value 1,206
  • Dividend Yield 0.17 %
  • ROCE 22.2 %
  • ROE 20.3 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 25.8% CAGR over last 5 years

Cons

  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
267 275 303 321 321 315 344 355 357 374 392 407 414
200 206 217 225 229 229 248 252 256 268 285 291 303
Operating Profit 67 68 85 96 92 86 96 103 101 106 107 116 111
OPM % 25% 25% 28% 30% 29% 27% 28% 29% 28% 28% 27% 28% 27%
5 6 4 5 6 5 5 6 6 6 6 7 8
Interest 10 10 8 7 7 7 8 9 9 9 9 8 6
Depreciation 22 22 23 23 24 24 24 25 25 26 27 28 29
Profit before tax 41 42 58 71 67 61 67 75 74 76 78 87 84
Tax % 25% 26% 26% 25% 22% 25% 25% 23% 26% 25% 24% 25% 25%
31 31 43 53 52 46 51 58 55 57 59 65 63
EPS in Rs 27.93 28.38 39.67 48.53 47.69 41.81 46.32 52.82 49.99 52.30 53.79 59.42 57.89
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
402 465 531 588 628 712 690 905 1,020 1,220 1,371 1,586
307 374 406 459 494 540 495 645 746 874 981 1,147
Operating Profit 94 92 125 129 135 171 195 261 274 346 390 439
OPM % 23% 20% 23% 22% 21% 24% 28% 29% 27% 28% 28% 28%
7 8 6 7 8 10 12 12 14 21 21 28
Interest 20 17 15 13 15 18 33 46 43 37 36 32
Depreciation 21 21 24 34 36 52 68 85 89 92 98 109
Profit before tax 59 62 92 89 93 112 106 141 155 238 278 326
Tax % 35% 35% 35% 35% 35% 15% 27% 26% 25% 24% 25% 25%
39 40 60 58 60 95 78 104 116 180 209 244
EPS in Rs 35.37 36.95 54.81 52.99 54.96 86.44 71.00 95.28 105.80 164.25 190.96 223.41
Dividend Payout % 4% 7% 5% 6% 5% 3% 4% 6% 9% 6% 5% 7%
Compounded Sales Growth
10 Years: 13%
5 Years: 18%
3 Years: 16%
TTM: 16%
Compounded Profit Growth
10 Years: 20%
5 Years: 26%
3 Years: 28%
TTM: 17%
Stock Price CAGR
10 Years: 23%
5 Years: 32%
3 Years: 37%
1 Year: -5%
Return on Equity
10 Years: 21%
5 Years: 20%
3 Years: 21%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 127 165 224 276 332 420 499 598 708 878 1,075 1,308
163 158 125 202 378 543 623 550 511 310 415 403
85 96 103 116 129 134 148 184 209 240 299 344
Total Liabilities 386 430 464 605 850 1,108 1,281 1,343 1,439 1,439 1,801 2,066
281 337 354 443 469 643 1,033 1,085 1,088 1,118 1,283 1,474
CWIP 17 10 6 13 227 300 45 5 23 39 154 135
Investments 4 4 4 0 0 0 0 0 0 0 0 1
85 78 100 149 153 165 203 253 328 282 364 457
Total Assets 386 430 464 605 850 1,108 1,281 1,343 1,439 1,439 1,801 2,066

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
97 85 99 87 126 166 186 262 263 344 353 362
-80 -113 -83 -192 -352 -349 -180 -292 -358 -290 -612 -230
-43 -24 -50 60 160 113 38 -119 -86 -243 62 -58
Net Cash Flow -26 -53 -33 -45 -66 -70 44 -149 -180 -189 -197 73
Free Cash Flow 60 14 63 -41 -151 -102 5 163 136 206 1 111
CFO/OP 119% 109% 99% 92% 117% 115% 106% 115% 110% 116% 106% 102%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 9 7 8 8 6 4 7 8 8 5 8 9
Inventory Days 25 22 20 23 20 23 19 19 18 17 16 16
Days Payable 53 47 37 43 47 46 29 20 35 30 29 20
Cash Conversion Cycle -19 -19 -9 -12 -21 -19 -2 6 -9 -7 -5 5
Working Capital Days -60 -56 -50 -48 -55 -39 -56 -49 -48 -49 -57 -58
ROCE % 27% 25% 31% 24% 18% 15% 13% 16% 17% 23% 23% 22%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Bed Capacity
Beds

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Operating Beds
Beds
Average Length of Stay (ALOS)
Days
Average Revenue Per Occupied Bed (ARPOB)
INR
Bed Occupancy Rate
%
Number of Inpatients
Nos
Number of Outpatients
Nos

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
56.26% 56.43% 56.44% 56.47% 56.50% 56.51% 56.55% 56.55% 56.55% 56.52% 56.53% 56.53%
2.20% 2.25% 2.24% 0.34% 0.32% 0.44% 0.55% 1.10% 1.27% 1.25% 1.31% 1.21%
2.19% 2.09% 2.09% 4.18% 4.28% 4.37% 4.43% 4.03% 4.52% 4.89% 4.73% 4.47%
39.34% 39.24% 39.24% 39.02% 38.91% 38.67% 38.46% 38.32% 37.65% 37.34% 37.43% 37.80%
No. of Shareholders 10,48710,73010,33811,91813,14714,80015,95117,08617,65018,68118,64418,864

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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