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 ₹ 5,870 Cr.
- Current Price ₹ 5,366
- High / Low ₹ 6,725 / 4,856
- Stock P/E 101
- Book Value ₹ 264
- Dividend Yield 0.19 %
- ROCE 24.1 %
- ROE 22.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
- Company's median sales growth is 19.0% of last 10 years
Cons
- Stock is trading at 20.1 times its book value
- 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.
Peer comparison
Healthcare Healthcare Healthcare Services Hospital
Part of BSE Healthcare BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 88 | 110 | 130 | 175 | 222 | 297 | 334 | 402 | 465 | 531 | 592 | |
| 73 | 91 | 104 | 138 | 178 | 226 | 261 | 307 | 373 | 406 | 463 | |
| Operating Profit | 15 | 19 | 26 | 37 | 44 | 71 | 73 | 95 | 92 | 125 | 129 |
| OPM % | 17% | 17% | 20% | 21% | 20% | 24% | 22% | 24% | 20% | 24% | 22% |
| 1 | 1 | 2 | 1 | 1 | 3 | 5 | 7 | 8 | 6 | 8 | |
| Interest | 3 | 4 | 5 | 11 | 17 | 27 | 24 | 20 | 17 | 15 | 13 |
| Depreciation | 5 | 4 | 5 | 7 | 13 | 16 | 16 | 22 | 21 | 24 | 34 |
| Profit before tax | 7 | 11 | 17 | 20 | 16 | 31 | 37 | 59 | 62 | 92 | 89 |
| Tax % | 41% | 35% | 33% | 38% | 26% | 33% | 36% | 35% | 35% | 35% | 35% |
| 4 | 7 | 12 | 12 | 12 | 20 | 24 | 39 | 41 | 60 | 58 | |
| EPS in Rs | 3.85 | 6.53 | 10.60 | 11.06 | 10.91 | 18.67 | 21.72 | 35.21 | 37.12 | 54.89 | 52.99 |
| Dividend Payout % | 32% | 19% | 12% | 11% | 11% | 8% | 7% | 4% | 7% | 5% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 15% |
| 3 Years: | 14% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 23% |
| 3 Years: | 15% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 38% |
| 3 Years: | 41% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 27% |
| 3 Years: | 26% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 13 | 19 | 29 | 40 | 50 | 68 | 90 | 126 | 163 | 223 | 278 |
| 38 | 70 | 108 | 192 | 228 | 209 | 184 | 163 | 158 | 125 | 202 | |
| 31 | 25 | 25 | 41 | 50 | 55 | 65 | 85 | 96 | 103 | 116 | |
| Total Liabilities | 93 | 126 | 173 | 283 | 338 | 344 | 350 | 384 | 428 | 462 | 606 |
| 62 | 69 | 106 | 193 | 295 | 285 | 282 | 285 | 342 | 358 | 444 | |
| CWIP | 6 | 20 | 42 | 38 | 0 | 5 | 5 | 17 | 10 | 6 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 25 | 36 | 25 | 53 | 43 | 54 | 62 | 83 | 76 | 99 | 149 | |
| Total Assets | 93 | 126 | 173 | 283 | 338 | 344 | 350 | 384 | 428 | 462 | 606 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 15 | 24 | 42 | 56 | 61 | 68 | 97 | 86 | 99 | 87 | ||
| -23 | -64 | -97 | -77 | -9 | -12 | -80 | -115 | -83 | -191 | ||
| 27 | 31 | 71 | 17 | -48 | -52 | -43 | -24 | -50 | 60 | ||
| Net Cash Flow | 18 | -9 | 16 | -3 | 5 | 4 | -26 | -53 | -34 | -45 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 11 | 12 | 14 | 5 | 5 | 8 | 9 | 7 | 8 | 9 |
| Inventory Days | 50 | 39 | 43 | 37 | 36 | 35 | 33 | 25 | 22 | 20 | 23 |
| Days Payable | 72 | 31 | 24 | 25 | 32 | 29 | 35 | 53 | 47 | 37 | 43 |
| Cash Conversion Cycle | -8 | 19 | 32 | 25 | 9 | 11 | 6 | -19 | -19 | -9 | -11 |
| Working Capital Days | -12 | -11 | -15 | -62 | -68 | -55 | -48 | -60 | -56 | -50 | -47 |
| ROCE % | 19% | 18% | 16% | 12% | 20% | 21% | 27% | 25% | 31% | 24% |
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 ・Standalone data |
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| Operating Beds Beds ・Standalone data |
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| Average Length of Stay (ALOS) Days ・Standalone data |
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| Average Revenue Per Occupied Bed (ARPOB) INR ・Standalone data |
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| Bed Occupancy Rate % ・Standalone data |
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| Number of Inpatients Nos ・Standalone data |
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| Number of Outpatients Nos ・Standalone data |
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Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 24m
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Announcement under Regulation 30 (LODR)-Change in Management
6 Mar - Postal ballot to reappoint A.P. Ammasaikutti (03.06.2026) and K. Kolandaswamy (01.08.2026) as independent directors.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 06.03.2026
6 Mar - Postal ballot approved for reappointing A.P. Ammasaikutti (03.06.2026) and K. Kolandaswamy (01.08.2026) as independent directors for five years.
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Board Meeting Intimation for Considering The Approval Of Postal Ballot Notice.
3 Mar - Board meeting on 06 March 2026 to approve postal ballot for independent directors' reappointment.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Feb - Copies of Newspaper Advertisement published in Trinity Mirror and Makkal Kural with regard to Special Window for relodgement of transfer requests of Physical Shares.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Business Segments