Global Health Ltd
Global Health Limited is one of the largest private multi-specialty tertiary care providers operating in the North and East regions of India. The company has key specialties in cardiology and cardiac science, neurosciences, oncology, digestive and hepatobiliary sciences, orthopedics, liver transplant, and kidney and urology.[1]
- Market Cap ₹ 29,139 Cr.
- Current Price ₹ 1,085
- High / Low ₹ 1,514 / 842
- Stock P/E 60.4
- Book Value ₹ 108
- Dividend Yield 0.00 %
- ROCE 19.3 %
- ROE 17.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 56.2% CAGR over last 5 years
Cons
- Stock is trading at 10.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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 Nifty 500 Multicap 50:25:25 BSE 400 MidSmallCap Index Nifty LargeMidcap 250 BSE 250 LargeMidCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
1,382 | 1,343 | 1,456 | 1,500 | 1,447 | 2,167 | 2,694 | 3,275 | 3,350 | |
1,081 | 1,218 | 1,283 | 1,309 | 1,250 | 1,709 | 2,073 | 2,476 | 2,556 | |
Operating Profit | 301 | 125 | 172 | 192 | 197 | 458 | 621 | 799 | 794 |
OPM % | 22% | 9% | 12% | 13% | 14% | 21% | 23% | 24% | 24% |
45 | 49 | 50 | 44 | 31 | 39 | 64 | 75 | 88 | |
Interest | 14 | 28 | 38 | 57 | 73 | 86 | 86 | 74 | 74 |
Depreciation | 70 | 86 | 102 | 115 | 123 | 130 | 150 | 173 | 179 |
Profit before tax | 262 | 60 | 83 | 64 | 32 | 281 | 449 | 627 | 630 |
Tax % | 35% | 45% | 38% | 43% | 11% | 30% | 27% | 24% | |
170 | 33 | 51 | 36 | 29 | 196 | 326 | 478 | 482 | |
EPS in Rs | 35.10 | 6.78 | 10.44 | 7.36 | 5.81 | 7.75 | 12.16 | 17.81 | 17.97 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 31% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 56% |
3 Years: | 155% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 16% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 48 | 48 | 49 | 49 | 50 | 51 | 54 | 54 |
Reserves | 976 | 1,136 | 1,246 | 1,300 | 1,333 | 1,565 | 2,375 | 2,852 |
165 | 456 | 787 | 929 | 931 | 1,109 | 1,122 | 802 | |
295 | 343 | 347 | 388 | 380 | 421 | 547 | 597 | |
Total Liabilities | 1,485 | 1,984 | 2,430 | 2,666 | 2,694 | 3,146 | 4,097 | 4,304 |
914 | 1,094 | 1,194 | 1,703 | 1,616 | 1,776 | 2,050 | 2,237 | |
CWIP | 12 | 317 | 666 | 382 | 464 | 439 | 327 | 386 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
559 | 573 | 570 | 581 | 615 | 930 | 1,720 | 1,681 | |
Total Assets | 1,485 | 1,984 | 2,430 | 2,666 | 2,694 | 3,146 | 4,097 | 4,304 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
228 | 63 | 166 | 175 | 242 | 311 | 645 | 612 | |
-241 | -69 | -249 | -87 | -239 | -421 | -342 | -441 | |
-7 | 9 | 97 | -1 | -81 | 160 | 346 | -514 | |
Net Cash Flow | -20 | 3 | 14 | 87 | -78 | 50 | 648 | -343 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 20 | 41 | 41 | 36 | 34 | 30 | 26 | 24 |
Inventory Days | 28 | 26 | 26 | 43 | 42 | 36 | 35 | 32 |
Days Payable | 92 | 124 | 142 | 147 | 138 | 90 | 114 | 90 |
Cash Conversion Cycle | -45 | -56 | -75 | -67 | -62 | -24 | -52 | -34 |
Working Capital Days | -23 | -15 | -11 | -22 | -22 | -2 | -18 | -13 |
ROCE % | 6% | 6% | 5% | 15% | 17% | 19% |
Documents
Announcements
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Board Meeting Intimation for Consider And Approve The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2024.
11h - Board meeting on November 14 to approve financial results.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Medanta to manage a new 750 bed hospital in Delhi.
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Approved Signing Of Definitive Agreement (S) With Dr. Narayan Dutt Shrimali Foundation International Charitable Trust Society (Society), To Operate And Manage ~750 Bedded Hospital In Pitampura, New Delhi.
1d - Approval for 750 bed hospital in New Delhi.
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Board Meeting Outcome for Approved The Signing Of Definitive Agreement (S) With Dr. Narayan Dutt Shrimali Foundation International Charitable Trust Society (Society), To Operate And Manage ~750 Bedded Hospital In Pitampura, New Delhi.
1d - Medanta to invest Rs. 600 crores for new hospital.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Oct - Newspaper Publication for Notice of Hearing of the Petition for sanctioning the scheme of Amalgamation of Medanta Holdings Private Limited with and into Global Health …
Annual reports
Concalls
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Dec 2022TranscriptNotesPPT
** Hospital Count**[1] Global Health has 5 hospitals in operation (Gurugram, Indore, Ranchi, Lucknow, and Patna), and 1 hospital under construction (Noida) under the ‘’Medanta’’ Brand.
Company provides healthcare services in 30+ medical specialties and engages 1,300+ doctors, spanning an area of 4.7 msf.
Operational hospitals have 2,467 installed beds.
They also operate 6 multi-specialty clinics at DLF Cybercity Gurugram, Delhi Airport, south Delhi, Darbhanga, Patna, and Subhash Chowk Gurugram.[2]