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 ₹ 5,824 Cr.
- Current Price ₹ 5,324
- High / Low ₹ 6,725 / 4,810
- 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 17.9% of last 10 years
Cons
- Stock is trading at 20.2 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: | 20% |
| 5 Years: | 35% |
| 3 Years: | 46% |
| 1 Year: | -2% |
| 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% |
Documents
Announcements
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Announcement Under Regulation 30 Of LODR Regulations,2015.
27 Jan - GST audit SCN demands Rs.174,960 tax (CGST/SGST Rs.87,480 each) for UK visa package; 30-day response.
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Regulation 30 And Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
14 Jan - Launch of Neuro Sciences & OPD Block and PG Institute from 15-Jan-2026; Rs.120 crore, 3-month rollout.
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Board Meeting Intimation for Considering The Un-Audited Financial Results For The Quarter/Nine Months Ended 31St December 2025
13 Jan - Board meeting on 6 Feb 2026 to consider unaudited results for quarter/nine months ended 31 Dec 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jan - Certificate received from our RTA in compliance under regulation 74(5) of SEBI(DP) Regulations,2018 for the quarter ended 31.12.2025.
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Closure of Trading Window
18 Dec 2025 - Trading window closed from 1 Jan 2026 until 48 hours after Q4 (31 Dec 2025) results declaration.
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