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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

₹6,013.10 -28.40 (-0.47%)

As on 06-Jul'26 16:59

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

₹6,013.10 -28.40 (-0.47%)

As on 06-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹6,580 Cr.
Current Price
₹6,013.1
52-Week Low / High
₹5,010 / 6,725
TTM EPS
₹223.4
TTM Sales
₹1,584 Cr.
Book Value per Share
₹1,205.7
P/E Ratio
26.92
Higher than its 5-year historical median
Industry PE
93.9
Price to Book (P/B)
4.99
Higher than its 5-year historical median
Price to Sales (P/S)
4.15
Higher than its 5-year historical median
EV/EBITDA
14.13
Higher than its 5-year historical median
Dividend Yield
0.17%
Profitability Efficiency
Return on Equity (ROE)
21.16%
Outperforms industry median
Return on Capital Employed (ROCE)
23.86%
Outperforms industry median
Return on Assets (ROA)
12.91%
Operating Profit Margin
28.5%
Net Profit Margin
15.24%
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
12.74%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
16.26%
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
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Quality

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Valuation

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Price Trend

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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 1.38%, 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 22.8% based on the current price.

10 Year X-Ray : Login to view analysis.

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 4655315926287126909051,0201,2201,3711,584
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. 84.698.886.9126152186262263344353-
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 24% 33.6% 34.4% -2.3%

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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales4655315926287126909051,0201,2201,371
Operating Expenses + 374406464494541495646748874982
Manufacturing Costs13213915816052467183278301
Material Costs144160172187205194256283324368
Employee Cost 798898112125119151180219251
Other Costs 182035341591371682025361
Operating Profit 92125129135171195260272345389
Operating Profit Margin (%) 19.7%23.5%21.7%21.5%24.0%28.3%28.7%26.6%28.3%28.4%
Other Income + 8688111212162122
Exceptional Items 0000000000
Interest 17151315183346433736
Depreciation 21243436526885899298
Profit Before Tax 62928993112106141155238278
Tax 22323133172836395869
Profit After Tax 406058609578104116180209
PAT Margin (%) 8.7%11.3%9.8%9.6%13.3%11.3%11.5%11.4%14.7%15.2%
Adjusted EPS (₹)37.054.853.055.086.471.095.3105.8164.3191.0
Dividend Payout Ratio (%)6.80%4.60%5.70%5.50%3.50%4.20%6.30%9.50%6.10%5.20%

Valuation of Kovai Medical Center - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1762352903434315106097198891,086
Share Capital 11111111111111111111
Reserves 1652242793324204995987088781,075
Debt +12690165345508559493447253348
Long Term Debt12186165336505551483447253348
Short Term Debt64094910000
Minority Interest0000000000
Trade Payables19162024261514272629
Others Liabilities 109122133137142196226244270336
Total Liabilities 4304646088501,1071,2811,3431,4381,4381,800

Fixed Assets

Net Fixed Assets +3373544404696431,0331,0851,0881,1181,283
Gross Block4533774835617871,2441,3741,4601,5791,836
Accumulated Depreciation115234392144211289372461553
CWIP 106132273004552339154
Investments 4440000000
Inventories991110131013141516
Trade Receivables912141081419211731
Cash Equivalents 516892102111155198249211274
Others Assets 10123431332422433942
Total Assets 4304646088501,1071,2811,3431,4381,4381,800

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 859987126152186262263344353
PBT 62928993112106141155238278
Adjustment 323441486898129129123130
Changes in Working Capital 6-2-1117343016416
Tax Paid -16-25-32-31-30-22-39-37-57-61
Cash Flow From Investing Activity + -65-32-123-277-256-180-99-127-138-352
Capex -71-36-128-277-256-180-99-127-138-352
Net Investments 0000000-000
Others 645-000-0000
Cash Flow From Financing Activity + -24-506016011338-119-86-24362
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -5-328016714165-73-28-198107
Interest Paid -17-15-13-12-12-31-40-37-29-29
Dividend Paid -3-2-3-4-8-0-3-7-11-11
Others 1-1-49-84-3-14-5-5
Net Cash Flow -5172499444450-3863

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)25.7629.1922.071924.4316.5118.6317.4322.3621.16
ROCE (%)24.8330.822417.7415.5613.6616.8617.1523.2923.86
Asset Turnover Ratio1.141.191.110.860.730.580.690.730.850.85
PAT to CFO Conversion(x)2.131.651.52.11.62.382.522.271.911.69
Working Capital Days
Receivable Days7.507.107.906.904.705.906.707.305.706.30
Inventory Days6.60666.105.806.104.604.704.304
Payable Days46.204038.704344.403921.1026.8030.3027.70

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 06-Jul-2026 16:59 is ₹6,013.1.

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 05-Jul-2026 the market cap of Kovai Medical Center stood at ₹6,579.7 Cr

The latest P/E ratio of Kovai Medical Center as of 05-Jul-2026 is 26.92.

The latest P/B ratio of Kovai Medical Center as of 05-Jul-2026 is 4.99.

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 ₹1,584 ( 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 Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kovai Medical Center & Hospital Ltd is likely to Rise 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

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