Krishna Institute of Medical Sciences Ltd - Stock Valuation and Financial Performance

BSE: 543308 | NSE: KIMS | Hospital & Healthcare Services | Small Cap

Krishna Inst.Medi Share Price

1,970 20.65 1.06%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Krishna Inst.Medi

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Krishna Institute of Medical Sciences stock performance -

mw4me loader
P/E Ratio (SA):
59.51
Market Cap:
15,582.6 Cr.
52-wk low:
1,452.6
52-wk high:
2,357

Is Krishna Institute of Medical Sciences Ltd an attractive stock to invest in?

1. Is Krishna Institute of Medical Sciences Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Krishna Institute of Medical Sciences Ltd is a good quality company.

2. Is Krishna Institute of Medical Sciences Ltd undervalued or overvalued?

The key valuation ratios of Krishna Institute of Medical Sciences Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Krishna Institute of Medical Sciences Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Krishna Institute of Medical Sciences Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Krishna Inst.Medi:

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.
Krishna Institute of Medical Sciences Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.3%6.3%9.7%-3.3%-4.1%-3.2%18.4%21.9%23.6%16.9%-
Value Creation
Index
-0.5-0.5-0.3NANA-1.20.40.60.80.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3493944855366287077909331,1431,1321,211
Sales YoY Gr.-12.7%23.1%10.5%17.3%12.5%11.8%18.1%22.6%-1%-
Adj EPS 113.4-14.4-16.2-5.916.324.43531.632.7
YoY Gr.--4.9%254.6%-517.4%NANANA49.8%43.4%-9.9%-
BVPS (₹) 29.133.637.1-23.9-39.767.683.8116.9172.1203.8227.2
Adj Net
Profit
6.96.924.3-72-81.3-43.6121189280253262
Cash Flow from Ops. 79.856.789.479.794.2109161291284270-
Debt/CF from Ops. 3.34.92.87.97.11.71.10.40.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14%12.5%12.7%-1%
Adj EPS 46.4%NA24.6%-9.9%
BVPS24.1%NA34.5%18.4%
Share Price - - - 30.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.63.29.7-101.951-28.621.524.724.516.815.2
Op. Profit
Mgn %
19.218.921.610.410.38.126.133.13532.131.6
Net Profit
Mgn %
21.75-13.4-12.9-6.215.420.324.522.321.6
Debt to
Equity
1.41.21-5.2-3.30.40.30.100-
Working Cap
Days
8089869192978866649036
Cash Conv.
Cycle
-2039-13-2648-11-6-7317

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.74%

Net Profit is growing at healthy rate in last 3 years 24.64%

Sales growth is good in last 4 quarters at 10.93%

Return on Equity has declined versus last 3 years average to 15.20%

Latest Financials - Krishna Institute of Medical Sciences Ltd

Standalone Consolidated
TTM EPS (₹) 32.7 42.2
TTM Sales (₹ Cr.) 1,211 2,440
BVPS (₹.) 227.2 236.2
Reserves (₹ Cr.) 1,738 1,810
P/BV 8.57 8.25
PE 59.51 46.11
From the Market
52 Week Low / High (₹) 1452.60 / 2357.00
All Time Low / High (₹) 938.05 / 2357.00
Market Cap (₹ Cr.) 15,583
Equity (₹ Cr.) 80
Face Value (₹) 10
Industry PE 84.1

Management X-Ray of Krishna Inst.Medi:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *13.4514.8615.7419.3919.3918.1015.5316.1616.1016.10
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Krishna Inst.Medi

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales3493944855366287077909331,1431,132
Operating Expenses 284321380480564650584625745769
Manufacturing Costs1091311544119820349243281287
Material Costs99104119130152167180201250238
Employee Cost 55667692115127137147174187
Other Costs 21213121799154218344057
Operating Profit 6573105566557206308398363
Operating Profit Margin (%) 18.6%18.6%21.6%10.4%10.3%8.1%26.1%33.0%34.8%32.1%
Other Income 6443467102724
Interest 313436798836241895
Depreciation 25313435384143454545
Exceptional Items 0000000000
Profit Before Tax 151238-55-57-13147254371337
Tax 1061417243025669385
Profit After Tax 5624-72-81-44121189278252
PAT Margin (%) 1.5%1.5%5.0%-13.4%-12.9%-6.2%15.3%20.2%24.3%22.3%
Adjusted EPS (₹)0.80.83.5-14.4-16.2-5.916.324.334.831.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 196237261-120-1995046249071,3781,631
Share Capital 697050507474788080
Reserves 190228191-170-2494295498301,2981,551
Minority Interest0000000000
Debt22622918820824116114911840
Long Term Debt2001981731982141521476840
Short Term Debt2632151027925000
Trade Payables57586374797478858173
Others Liabilities 138114134581669119106103106108
Total Liabilities 6186386467437898579571,2141,5691,812

Fixed Assets

Gross Block552624657539648680712775827889
Accumulated Depreciation1021301593572113153193235277
Net Fixed Assets450494498504576567559582592612
CWIP 511026400281316
Investments 61518233180178213542826
Inventories10101115161922162619
Trade Receivables3035627696100997387120
Cash Equivalents 251378983925018040
Others Assets4661485361835871128178
Total Assets 6186386467437898579571,2141,5691,812

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 8057898094109161291284270
PBT 141238-55-57-13147254371337
Adjustment 56656917218817762552624
Changes in Working Capital 21-8-19-26-16-29-125-17-17
Tax Paid -11-121-11-22-25-47-43-96-75
Cash Flow From Investing Activity -68-64-39-100-52-99-108-317-375-237
Capex -55-72-33-100-45-46-21-72-69-121
Net Investments -1016-30000-21256119
Others -3-8-30-7-53-87-33-362-235
Cash Flow From Financing Activity -1011-6125-42-12-242576-15
Net Proceeds from Shares 0370310880951920
Net Proceeds from Borrowing 00089-29-143-35-102-60-14
Interest Paid -32-35-34-31-28-21-19-14-4-1
Dividend Paid 0000000000
Others 239-26-6316633046-510
Net Cash Flow 24-1050-2280-1518
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.82.689.76N/AN/A-28.6721.4824.6424.3716.79
ROCE (%)10.269.4614.56N/AN/A3.922.7229.5731.2422.58
Asset Turnover Ratio0.590.630.750.770.820.860.870.860.820.67
PAT to CFO Conversion(x)169.53.71N/AN/AN/A1.331.541.021.07
Working Capital Days
Receivable Days30303647505146342633
Inventory Days9989999777
Payable Days176203186191183167154148121118

Krishna Institute of Medical Sciences Ltd Stock News

Krishna Institute of Medical Sciences Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Krishna Inst.Medi on 19-Apr-2024 16:01 is ₹1,970.
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 19-Apr-2024 16:01 the market cap of Krishna Inst.Medi stood at ₹15,582.6.
The latest P/E ratio of Krishna Inst.Medi as of 19-Apr-2024 16:01 is 59.51.
The latest P/B ratio of Krishna Inst.Medi as of 19-Apr-2024 16:01 is 8.57.
The 52-week high of Krishna Inst.Medi is ₹2,357 and the 52-week low is ₹1,452.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Krishna Inst.Medi is ₹1,211 ( Cr.) .

About Krishna Institute of Medical Sciences Ltd

Krishna Institute of Medical Sciences is one of the largest corporate healthcare groups in AP and Telangana in terms of number of patients treated and treatments offered. It also provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care in Tier 2-3 cities and primary, secondary, tertiary and quaternary healthcare in Tier 1 cities. It operates multi-specialty hospitals under the “KIMS Hospitals” brand. It also offers a comprehensive range of healthcare services across specialties and super specialties, including cardiac sciences, oncology, neurosciences, gastric sciences, orthopaedics, organ transplantation, renal sciences and mother & child care.

The company strives to provide quality service to more patients, and it has scope for additional patients and improved occupancy rates. It strategically focuses on the southern India healthcare market where it has a strong understanding of regional nuances, customer culture and the mindset of medical professionals and where there is significant and growing need for quality and affordable healthcare services. Each of its hospitals also has integrated diagnostic services and pharmacies that cater to its patients. Affordability and quality of healthcare services provided by it and its track record of building long-term relationships with medical professionals including its doctors, has enabled growth and helped it build its ‘KIMS Hospitals’ brand. It operates and manages all of its hospitals, which provides it with greater control over its facilities and helps it to better deliver high quality and affordable healthcare services.

Business area of the company

The company offers a comprehensive range of healthcare services including oncology, cardiac sciences, neurosciences, gastric sciences, orthopaedics, renal sciences, organ transplantation, and mother & child care.

Awards and Accreditations

  • 2008: KIMS Secunderabad received its first ISO 9001-2008 certification from AQA International LLC.
  • 2011: KIMS Secunderabad received its first accreditation from NABH.
  • 2015: KIMS Secunderabad was awarded the ‘Healthcare Excellence Award’ by the Indo Global Healthcare Summit and Expo.
  • 2015: KIMS Secunderabad was awarded ‘Nursing Excellence’ award by AHPI.
  • 2015: KIMS Secunderabad was accredited with ISO 9001:2015 certification.
  • 2017: KIMS Secunderabad was awarded by AHPI as a ‘Patient Friendly Hospital’.
  • 2017: KIMS Secunderabad became laureate of the Asia Pacific Society of Infection Control CSSD Center of Excellence Silver Award 2015-2016.
  • 2017: KIMS Secunderabad was awarded ‘Best Hospital of the Year’ in the multispecialty hospital category in Hyderabad and eight other specialities by Times Healthcare Achievers Awards.
  • 2019: 2019 KIMS Secunderabad received certificate of excellence in the category of ‘Best Super-Speciality Hospital in Telangana’ at the National Quality Excellence Awards, 2019 hosted by Praxis Media Institute.
  • 2019: KIMS Secunderabad was awarded ‘Best Hospital to Work For’ from AHPI Global Conclave.
  • 2019: KIMS Secunderabad was accredited by NABL.
  • 2019: KIMS Nellore was issued a certificate of accreditation by NABH for being compliant with NABH pre-accreditation entry level hospital requirements.
  • 2020: KIMS Secunderabad ranked the third best hospital in Hyderabad by The Week magazine.
  • 2020: KIMS Kondapur was accredited with a certificate of assessment for exhibition of its intent and commitment towards ensuring safety and hygiene at workplace by IRClass Systems and Solutions.
  • 2021: The cardiology, emergency and trauma, nephrology and neuroscience departments of KIMS Hyderabad were ranked first in the Hyderabad Multi Speciality category in the Times of India, Hyderabad, All India Critical Care Hospital Ranking Survey, 2021.
  • 2021: The emergency and trauma and nephrology departments of KIMS Hyderabad were ranked second in the South Multi Speciality Category in the Times of India, Hyderabad, All India Critical Care Hospital Ranking Survey, 2021.

Major events and milestones

  • 2000: KIMS Nellore established by BRMH. The business division of BRMH, including the hospital, was transferred to our Company pursuant to the 2012 Scheme.
  • 2004: KIMS Secunderabad established by Company.
  • 2010: Investment by Milestone Private Equity Fund (“MPEF”) in Company.
  • 2014: Acquisition of 57.83% of the equity shareholding of Arunodaya Hospitals.
  • 2015: Investment by India Advantage Fund (IAF) and Emerging India Fund (EIF) and exit of MPEF from our Company pursuant to the share purchase agreement dated June 23, 2014 entered into between, amongst others, IAF, EIF and MPEF.
  • 2017: Acquisition of KIMS Ongole by way of slump sale agreement.
  • 2019: Acquisition of 51% of the equity shareholding of ICIMSPL.
  • 2019: Acquisition of 80% of the equity shareholding of SIMSPL.
  • 2019: Investment by General Atlantic in our Company and exit of IAF and EIF from our Company pursuant to the share purchase agreement dated June 14, 2018 entered into between, amongst others, General Atlantic, IAF and EIF.
  • 2020: Acquisition of 55% of the equity shareholding of KHKPL.
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