Rainbow Children's Medicare Ltd

Rainbow Children's Medicare Ltd

₹ 1,257 0.02%
02 Jul - close price
About

Rainbow Children's Medicare Limited operates a multi-specialty pediatric, obstetrics, and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology. [1] It is country’s largest pediatric hospital chain with 16 hospitals spread across 6 cities.[2]

Key Points

JCI Accredition[1]
Its a pediatric hospital at Hyderabad and Bengaluru and standalone fertility center BirthRight Fertility, Kondapur, Hyderabad are the first in India to be awarded JCI Accreditation.

  • Market Cap 12,754 Cr.
  • Current Price 1,257
  • High / Low 1,649 / 880
  • Stock P/E 58.8
  • Book Value 124
  • Dividend Yield 0.24 %
  • ROCE 19.3 %
  • ROE 18.7 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 37.2% CAGR over last 5 years

Cons

  • Stock is trading at 10.1 times its book value
  • Working capital days have increased from 68.0 days to 135 days

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
164 246 266 249 212 237 313 306 317 287 333 336 341
132 168 177 159 164 155 204 200 219 199 215 218 236
Operating Profit 32 78 89 89 48 82 110 107 98 88 118 118 106
OPM % 20% 32% 34% 36% 23% 35% 35% 35% 31% 31% 35% 35% 31%
2 2 5 6 6 6 8 8 9 8 8 9 13
Interest 13 13 12 12 16 14 13 14 14 15 13 14 17
Depreciation 20 19 21 21 22 22 22 23 23 25 27 28 32
Profit before tax 2 48 61 62 16 52 81 78 70 56 85 85 69
Tax % 30% 25% 26% 27% 22% 25% 24% 26% 23% 25% 26% 26% 26%
1 36 45 45 12 39 62 58 54 42 63 63 51
EPS in Rs 0.29 8.17 10.28 4.78 1.30 3.76 6.02 5.71 5.28 4.04 6.20 6.12 5.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
122 169 234 321 402 543 719 650 974 1,174 1,297
98 128 204 266 332 391 519 485 666 774 868
Operating Profit 24 41 30 55 69 151 201 165 308 400 429
OPM % 20% 24% 13% 17% 17% 28% 28% 25% 32% 34% 33%
3 10 16 11 10 8 10 10 19 31 37
Interest 3 3 3 3 4 42 48 46 56 58 59
Depreciation 13 9 18 22 28 60 69 73 83 90 112
Profit before tax 11 38 24 41 47 58 93 56 187 282 295
Tax % 53% 35% 28% 24% 22% 22% 41% 29% 26% 25% 26%
5 25 17 31 36 45 55 40 139 212 218
EPS in Rs 8.56 26.74 18.22 33.78 8.25 10.14 12.68 9.10 14.70 20.77 21.38
Dividend Payout % 23% 7% 11% 7% 12% 10% 16% 0% 14% 14% 14%
Compounded Sales Growth
10 Years: 27%
5 Years: 19%
3 Years: 26%
TTM: 11%
Compounded Profit Growth
10 Years: 45%
5 Years: 37%
3 Years: 76%
TTM: 3%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 29%
Return on Equity
10 Years: 17%
5 Years: 20%
3 Years: 23%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 9 9 9 9 44 44 44 44 94 102 102
Reserves 144 166 275 308 307 317 350 391 498 958 1,157
Preference Capital 6 6 11 11 11 11 11 11 11 0
18 16 13 15 13 465 490 518 581 570 765
29 39 52 66 84 100 134 127 123 146 146
Total Liabilities 201 231 349 399 448 926 1,019 1,081 1,296 1,776 2,170
56 78 123 174 296 702 702 772 858 931 1,259
CWIP 4 35 31 7 12 23 43 29 6 23 14
Investments 31 7 2 6 0 3 10 18 22 58 308
109 111 194 212 140 199 265 262 409 764 590
Total Assets 201 231 349 399 448 926 1,019 1,081 1,296 1,776 2,170

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
15 26 17 36 48 127 170 143 224 327 321
-113 -20 -107 -33 -42 -117 -117 -83 -175 -465 -226
98 -7 93 -1 -7 -9 -52 -61 -44 143 -102
Net Cash Flow -0 -1 3 1 -2 2 2 -1 4 5 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 10 11 10 16 14 24 22 25 15 18 20
Inventory Days 25 39 35 48 36 32 55 36 28 43 53
Days Payable 128 121 107 142 151 197 202 190 121 195 180
Cash Conversion Cycle -93 -72 -62 -79 -100 -141 -124 -130 -78 -133 -107
Working Capital Days -25 -27 -32 -23 -29 -20 -6 -9 -7 77 135
ROCE % 22% 11% 14% 14% 16% 16% 11% 23% 24%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.83% 49.83% 49.83% 49.83% 49.83% 49.83% 49.83% 49.83%
22.97% 15.89% 20.82% 19.82% 20.20% 21.63% 22.32% 24.04%
9.44% 10.25% 13.90% 15.38% 15.36% 15.39% 15.62% 14.76%
17.76% 24.02% 15.45% 14.98% 14.63% 13.14% 12.23% 11.37%
No. of Shareholders 1,66,06491,53079,22475,61174,69079,18780,47177,152

* 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.

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