SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kovai Medical Center & Hospital Ltd (KOVAI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523323 NSE: KOVAI Hospital & Healthcare Services | Small Cap | Kovai Medical Center Share Price

₹5,945.40 73.80 (1.26%)

As on 29-Jul'26 13:29

Kovai Medical Center & Hospital Ltd (KOVAI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523323 NSE: KOVAI Hospital & Healthcare Services | Small Cap | Kovai Medical Center Share Price

₹5,945.40 73.80 (1.26%)

As on 29-Jul'26 13:29

Key Metrics
Valuation Multiples
Market Cap
₹6,425 Cr.
Current Price
₹5,945.4
52-Week Low / High
₹5,010 / 6,725
TTM EPS
₹223.4
TTM Sales
₹1,586 Cr.
Book Value per Share
₹1,205.7
P/E Ratio
26.28
Higher than its 5-year historical median
Industry PE
97.8
Price to Book (P/B)
4.87
Higher than its 5-year historical median
Price to Sales (P/S)
4.05
Higher than its 5-year historical median
EV/EBITDA
13.70
Higher than its 5-year historical median
Dividend Yield
0.17%
Profitability Efficiency
Return on Equity (ROE)
20.33%
Outperforms industry median
Return on Capital Employed (ROCE)
22.89%
Outperforms industry median
Return on Assets (ROA)
12.65%
Operating Profit Margin
28.5%
Net Profit Margin
15.42%
Gross Profit Margin
27.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
12.43%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
13.6%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
16.99%
Asset Quality
Promoter Holding
56.52%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,308 Cr.
Equity
₹10.9 Cr.
Face Value
₹10
All Time Low / High
₹8.00 / 6725.00

Kovai Medical Center & Hospital stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Semi Strong
Q.1 Is Kovai Medical Center & Hospital Ltd a good quality company?
Kovai Medical Center & Hospital Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kovai Medical Center & Hospital Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kovai Medical Center & Hospital Ltd vs industry peers?
Kovai Medical Center & Hospital Ltd revenue CAGR is 14.01%, compared to the industry median CAGR of 2.98%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kovai Medical Center & Hospital Ltd?
Promoters hold 56.52% of the Kovai Medical Center & Hospital Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kovai Medical Center & Hospital Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 23.4% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kovai Medical Center & Hospital Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 24.8%30.8%24%17.7%15.6%13.7%16.9%17.2%23.3%23.9%-
Value Creation
Index
0.81.20.70.30.10.00.20.20.70.8-

Growth Parameters

Sales 4655315926287126909051,0201,2201,3711,586
Sales YoY Gr.-14.1%11.5%6.1%13.3%-3%31.1%12.6%19.6%12.4%-
Adj EPS 36.954.752.95586.770.995.9107.2164.5191.5223.4
YoY Gr.-48.5%-3.3%3.8%57.8%-18.2%35.3%11.8%53.4%16.5%-
BVPS (₹) 160.4215.1265313.7393.9466.1556.8657.1812992.61,205.7
Adj Net
Profit
40.459.957.960.194.977.6105117180210244
Cash Flow from Ops. 84.698.886.9126152186262263344335-
Debt/CF from Ops. 1.91.32.333.43.221.80.81.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 12.8%14%14.8%12.4%
Adj EPS 20.1%17.2%25.9%16.5%
BVPS22.5%20.3%21.3%22.2%
Share Price 23.6% 33.6% 29.4% -3.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
25.729.222.11924.516.518.817.722.421.220.3
Op. Profit
Mgn %
19.723.521.721.524.128.328.826.928.428.527.8
Net Profit
Mgn %
8.711.39.89.613.311.211.611.514.815.315.4
Debt to
Equity
0.90.50.71.11.21.20.80.70.30.40.2
Working Cap
Days
2220283227272124222145
Cash Conv.
Cycle
-4-2-0-3-10-620-1010

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales5315926287126909051,0201,2201,3711,586
Operating Expenses + 4064644945414956467488749821,143
Manufacturing Costs13915816052467183278274316
Material Costs160172187205194256283324396448
Employee Cost 8898112125119151180219251306
Other Costs 203534159137168202536173
Operating Profit 125129135171195260272345389442
Operating Profit Margin (%) 23.5%21.7%21.5%24.0%28.3%28.7%26.6%28.3%28.4%27.9%
Other Income + 68811121216212228
Exceptional Items 0000000000
Interest 15131518334643373636
Depreciation 243436526885899298109
Profit Before Tax 928993112106141155238278326
Tax 32313317283639586981
Profit After Tax 6058609578104116180209244
PAT Margin (%) 11.3%9.8%9.6%13.3%11.3%11.5%11.4%14.7%15.2%15.4%
Adjusted EPS (₹)54.853.055.086.471.095.3105.8164.3191.0223.4
Dividend Payout Ratio (%)4.60%5.70%5.50%3.50%4.20%6.30%9.50%6.10%5.20%6.70%

Valuation of Kovai Medical Center - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 2352903434315106097198891,0861,319
Share Capital 11111111111111111111
Reserves 2242793324204995987088781,0751,308
Debt +90165345508559493447253348317
Long Term Debt86165336505551483447253348317
Short Term Debt40949100000
Minority Interest0000000000
Trade Payables16202426151427262924
Others Liabilities 122133137142196226244270336405
Total Liabilities 4646088501,1071,2811,3431,4381,4381,8002,066

Fixed Assets

Net Fixed Assets +3544404696431,0331,0851,0881,1181,2831,474
Gross Block3774835617871,2441,3741,4601,5791,8362,114
Accumulated Depreciation234392144211289372461553641
CWIP 6132273004552339154135
Investments 4400000001
Inventories9111013101314151620
Trade Receivables1214108141921173138
Cash Equivalents 6892102111155198249211274347
Others Assets 12343133242243394251
Total Assets 4646088501,1071,2811,3431,4381,4381,8002,066

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 9987126152186262263344335362
PBT 928993112106141155238278326
Adjustment 3441486898129129123112121
Changes in Working Capital -2-1117343016416-1
Tax Paid -25-32-31-30-22-39-37-57-61-84
Cash Flow From Investing Activity + -32-123-277-256-180-99-127-138-334-230
Capex -36-128-277-256-180-99-127-138-352-251
Net Investments 000000-000-0
Others 45-000-0001821
Cash Flow From Financing Activity + -506016011338-119-86-24362-58
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -328016714165-73-28-198107-13
Interest Paid -15-13-12-12-31-40-37-29-29-29
Dividend Paid -2-3-4-8-0-3-7-11-11-11
Others -1-49-84-3-14-5-5-6
Net Cash Flow 172499444450-386373

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)29.1922.071924.4316.5118.6317.4322.3621.1620.33
ROCE (%)30.822417.7415.5613.6616.8617.1523.2923.8622.89
Asset Turnover Ratio1.191.110.860.730.580.690.730.850.850.82
PAT to CFO Conversion(x)1.651.52.11.62.382.522.271.911.61.48
Working Capital Days
Receivable Days7.107.906.904.705.906.707.305.706.307.90
Inventory Days666.105.806.104.604.704.3044.10
Payable Days4038.704344.403921.1026.8030.3025.8022

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kovai Medical Center & Hospital Ltd FAQs

The current trading price of Kovai Medical Center on 29-Jul-2026 13:29 is ₹5,945.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Jul-2026 the market cap of Kovai Medical Center stood at ₹6,424.9 Cr

The latest P/E ratio of Kovai Medical Center as of 28-Jul-2026 is 26.28.

The latest P/B ratio of Kovai Medical Center as of 28-Jul-2026 is 4.87.

The 52-week high of Kovai Medical Center is ₹6,725 and the 52-week low is ₹5,010.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kovai Medical Center is ₹1,586 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kovai Medical Center & Hospital Ltd is a good quality company.

The key valuation ratios of Kovai Medical Center & Hospital Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kovai Medical Center & Hospital Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Kovai Medical Center & Hospital Ltd

Kovai Medical Center and Hospital is 500-bed multi-disciplinary super-specialty hospital located in the NH 47, opposite to Airport, Coimbatore. The hospital has more than 50 medical disciplines managed by highly qualified and trained full time medical specialists providing round the clock service. Over 1000 in patients and out patients are treated every day at the hospital.

KMCH is equipped with state-of-the art medical equipments such as MRI, 64 slice Volume CT Scanner, 4D Ultra Sound Scanner, Flat panel Cath Lab, Cardiac Electro-physiology Lab, Bone mineral Densitometer, Mammography, Laser equipments, Video endoscope, Operating Microscope, Auto analyzer, Computer Assisted Navigation for hip and knee replacements, ESWL for the removal of urinary stones etc.

KMCH is located on a 20 acres plot in a serene, clean and hygienic atmosphere. It has a very good ambience. The hospital is equipped with 11 operation theatres, and Super speciality procedures like Open heart surgeries and other Cardiac surgeries, Kidney transplants, Knee replacements, Hip replacements and Complex Neuro surgeries are done regularly at the hospital. Angiograms,Angioplasties, Stenting (Sirolimus stent - A drug eluted stent which has no relapse rate) are being done with good success rate. The hospital also has an excellent facility for providing emergency and trauma care for treating various emergencies such as cardiac arrests, Road Traffic Accidents (RTA), snake bites, severe burn injuries, poisonous case, stab injuries and mass casualities.

KMCH is the only center in south India which has introduced a new technique known as GDC coils and clipping of Brain Aneurysms. KMCH has made a breakthrough in the treatment of Stroke Management and Uterine Fibroids with the latest technique in interventional procedures. The state-of-the-art Fertility Center at KMCH is well equipped to do the Assisted Conception program like IVF, ICSI to the international standards. Most advanced treatment techniques are adopted here.

KMCH is recognized for organ transplant programmes by the Government of Tamil Nadu. Several kidney transplants and corneal transplants from live donors and cadavers have been done. KMCH is also recognized by the Tamil Nadu Government to do Heart and Lung transplants.

KMCH has specialized clinics like Asthma clinic, Diabetic clinic, Slim clinic, Pain clinic, De-addiction clinic, Painless labour clinic, Andrology clinic, Diet clinic etc., various specialized procedures like Chemoembolisation, stenting, fallopian tube recanalisation, Chemotherapy, Blood component therapy, Arthroscopic surgeries, Laparoscopic and Thorocoscopic surgeries are regularly done at the hospital. The hospital has a separate department for artificial limb manufacture.

KMCH is very actively involved in Preventive Health Checkup Programmes. There are 18 preventive health check up programmes such as Executive Master Health Checkup plus, Preminum Master Health Check Up, Executive Master Health Checkup, Master Health Check up, Senior Citizens Health Checkup, Cancer Screening, Paediatric Health checkup etc. Hospital regularly conducts Free Medical camps both at the hospital and in rural areas in association with service organizations. Concessions are offered for the treatment and procedures at the hospital for camp patients. Health education programmes are conducted with the help of KMCH doctors in various schools, colleges and industrial establishments on a regular basis.

KMCH has one of the best Emergency-Trauma Care Center network in the region with highly qualified and experienced trauma team, which operates round the clock and comprises of Orthopaedic Surgeons, Neuro Surgeons, General surgeons, Cardiovascular and Thoracic surgeons and Plastic surgeons. KMCH in collaboration with the Rotary clubs of Coimbatore and Erode have 5 Trauma Care Centres which are equipped with wire-less telephone and mobile phone facilities on the Avanashi Road starting from Gandhipuram to Perundurai. In order to ensure immediate transportation of the patient from the accident spot, KMCH has an emergency control room facility which operates round the clock to coordinate all Trauma Care Centers established by KMCH.

There are three satellite centers attached to KMCH :

  • Perundurai center (50 bed hospital)
  • City Center (Ram Nagar)
  • Erode Center (100 bed) with both in-patient and out patient facilities. It has a rural health center at Veeriampalayam to serve the rural community and the under privileged.

Services offered by the company

  • 24 hours Accident & Emergency Care / Ambulance service.
  • 24 hours Laboratory services
  • 24 hours Pharmacy
  • 24 hours Blood Bank
  • Artifical Limb Center
  • Senior Citizen's Club
  • Immunization for Adults and Children
  • Speech Therapy
  • Occupational Therapy
  • Cafeteria & Patient Diet services
  • Touch Screen Kiosk
  • 24x7 Trauma care Center

Achievements/ recognition:

  • Hospital is recognized for Diplomate of National Board (Post Graduate Programmes) in departments like General surgery, Anaesthesiology, Cardiology, Cardiothoracic surgery and Obstetrics & Gynaecology. Hospital is recognized for training doctors in AFRCS programme in General Surgery.  

2009-13

Best Hospital Award in Non-Metro South India
Chairman Doctorate Award
Chairman Lifetime Achivement Award
Chairman ISVIR Award Feb-2013
Vice Chairman Lifetime Achivement Award
Kongu Maamani Award
Lifetime Achievement Award conferred by Tamil Nadu State IMA
Best Doctor Award By Coimbatore IMA
Vice Chairman Rotary's Prestigious Award

You have 4 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: