Kovai Medical Center & Hospital Ltd

Kovai Medical Center & Hospital Ltd

₹ 5,236 -0.71%
22 Nov - 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

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]

  • Market Cap 5,728 Cr.
  • Current Price 5,236
  • High / Low 5,770 / 3,050
  • Stock P/E 98.9
  • 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 19.9 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

Sector: Healthcare Industry: Healthcare

Part of BSE Healthcare BSE SmallCap BSE Allcap

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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: 27%
5 Years: 45%
3 Years: 44%
1 Year: 61%
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 -51 -60 -49 -43 -56 -52 -47 -47
ROCE % 19% 18% 16% 12% 20% 21% 27% 25% 31% 24%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.74% 55.71% 55.76% 55.76% 55.76% 55.98% 56.26% 56.43% 56.44% 56.47% 56.50% 56.51%
2.09% 2.13% 2.12% 2.14% 2.15% 2.18% 2.20% 2.25% 2.24% 0.34% 0.32% 0.44%
1.77% 1.95% 1.95% 1.92% 1.97% 2.07% 2.19% 2.09% 2.09% 4.18% 4.28% 4.37%
40.40% 40.21% 40.17% 40.19% 40.12% 39.79% 39.34% 39.24% 39.24% 39.02% 38.91% 38.67%
No. of Shareholders 9,5179,6889,5599,5449,4649,67410,48710,73010,33811,91813,14714,800

* 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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