Kovai Medical Center & Hospital Ltd - Stock Valuation and Financial Performance

BSE: 523323 | NSE: KOVAI | Hospital & Healthcare Services | Small Cap

Kovai Medical Center Share Price

5,435 -125.05 -2.25%
as on 11-Oct'24 16:01

DeciZen - make an informed investing decision on Kovai Medical Center

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kovai Medical Center & Hospital stock performance -

mw4me loader
P/E Ratio (SA):
30.66
Market Cap:
5,962.2 Cr.
52-wk low:
2,377.2
52-wk high:
5,770

Is Kovai Medical Center & Hospital Ltd an attractive stock to invest in?

1. Is Kovai Medical Center & Hospital Ltd a good quality company?

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

2. Is Kovai Medical Center & Hospital Ltd undervalued or overvalued?

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.

3. Is Kovai Medical Center & Hospital Ltd a good buy now?

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

10 Year X-Ray of Kovai Medical Center:

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

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 27.2%24.8%30.8%24%17.7%15.6%13.7%16.9%17.2%23.3%-
Value Creation
Index
0.90.81.20.70.30.10.00.20.20.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4024655315926287126909051,0201,2201,259
Sales YoY Gr.-15.9%14.1%11.5%6.1%13.3%-3%31.1%12.6%19.6%-
Adj EPS 35.436.954.752.95586.770.995.9107.2164.5177.7
YoY Gr.-4.3%48.5%-3.3%3.8%57.8%-18.2%35.3%11.8%53.4%-
BVPS (₹) 126.5160.4215.1265313.7393.9466.1556.8657.1812853.8
Adj Net
Profit
38.740.459.957.960.194.977.6105117180194
Cash Flow from Ops. 97.284.698.886.9126152186262263344-
Debt/CF from Ops. 1.71.91.32.333.43.221.80.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.1%14.2%20.9%19.6%
Adj EPS 18.6%24.5%32.4%53.4%
BVPS23%21%20.3%23.6%
Share Price 29% 52% 48.7% 103%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
32.225.729.222.11924.516.518.817.722.421.3
Op. Profit
Mgn %
23.519.723.521.721.524.128.328.826.928.428.6
Net Profit
Mgn %
9.68.711.39.89.613.311.211.611.514.815.4
Debt to
Equity
1.20.90.50.71.11.21.20.80.70.3-
Working Cap
Days
2722202832272721242235
Cash Conv.
Cycle
0-4-20-3-10-620-37

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 21.30%

Sales growth is growing at healthy rate in last 3 years 20.89%

Net Profit is growing at healthy rate in last 3 years 32.38%

Debt to equity has declined versus last 3 years average to 0.31

Sales growth is good in last 4 quarters at 19.10%

No data to display

Latest Financials - Kovai Medical Center & Hospital Ltd.

Standalone Consolidated
TTM EPS (₹) 177.7 53
TTM Sales (₹ Cr.) 1,259 592
BVPS (₹.) 853.8 0
Reserves (₹ Cr.) 923 278
P/BV 6.38 0.00
PE 30.66 102.83
From the Market
52 Week Low / High (₹) 2377.20 / 5770.00
All Time Low / High (₹) 8.00 / 5770.00
Market Cap (₹ Cr.) 5,962
Equity (₹ Cr.) 10.9
Face Value (₹) 10
Industry PE 40.4

Management X-Ray of Kovai Medical Center:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Kovai Medical Center

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales4024655315926287126909051,0201,220
Operating Expenses 307374406464494541495646748874
Manufacturing Costs10813213915816052467183103
Material Costs122144160172187205194256283324
Employee Cost 65798898112125119151180219
Other Costs 1218203534159137168202228
Operating Profit 9492125129135171195260272345
Operating Profit Margin (%) 23.5%19.7%23.5%21.7%21.5%24.0%28.3%28.7%26.6%28.3%
Other Income 786881112121621
Interest 20171513151833464337
Depreciation 21212434365268858992
Exceptional Items 0000000000
Profit Before Tax 5962928993112106141155238
Tax 21223231331728363958
Profit After Tax 39406058609578104116180
PAT Margin (%) 9.6%8.7%11.3%9.8%9.6%13.3%11.3%11.5%11.4%14.7%
Adjusted EPS (₹)35.437.054.853.055.086.471.095.3105.8164.3
Dividend Payout Ratio (%)4%7%5%6%5%3%4%6%9%6%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 138176235290343431510609719889
Share Capital 11111111111111111111
Reserves 127165224279332420499598708878
Minority Interest0000000000
Debt13212690165345508559493447253
Long Term Debt12812186165336505551483447253
Short Term Debt56409491000
Trade Payables18191620242615142726
Others Liabilities 98109122133137142196226244270
Total Liabilities 3864304646088501,1071,2811,3431,4381,438

Fixed Assets

Gross Block3784533774835617871,2441,3741,4601,579
Accumulated Depreciation97115234392144211289372461
Net Fixed Assets2813373544404696431,0331,0851,0881,118
CWIP 17106132273004552339
Investments 4444000000
Inventories89911101310131415
Trade Receivables109121410814192117
Cash Equivalents 56516892102111155198249211
Others Assets11101234313324224339
Total Assets 3864304646088501,1071,2811,3431,4381,438

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 97859987126152186262263344
PBT 5962928993112106141155238
Adjustment 37323441486898129129123
Changes in Working Capital 166-2-111734301641
Tax Paid -15-16-25-32-31-30-22-39-37-57
Cash Flow From Investing Activity -33-65-32-123-277-256-180-99-127-138
Capex -38-71-36-128-277-256-180-99-127-138
Net Investments 0000000000
Others 4645000000
Cash Flow From Financing Activity -43-24-506016011338-119-86-243
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -22-5-328016714165-73-28-198
Interest Paid -20-17-15-13-12-12-31-40-37-29
Dividend Paid -2-3-2-3-4-80-3-7-11
Others 11-1-49-84-3-14-5
Net Cash Flow 21-5172499444450-38
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)32.1625.7629.1922.071924.4316.5118.6317.4322.36
ROCE (%)27.1924.8330.822417.7415.5613.6616.8617.1523.29
Asset Turnover Ratio1.091.141.191.110.860.730.580.690.730.85
PAT to CFO Conversion(x)2.492.131.651.52.11.62.382.522.271.91
Working Capital Days
Receivable Days8778756776
Inventory Days8766666554
Payable Days42464039434439212730

Kovai Medical Center & Hospital Ltd Stock News

Kovai Medical Center & Hospital Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kovai Medical Center on 11-Oct-2024 16:01 is ₹5,435.
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 11-Oct-2024 16:01 the market cap of Kovai Medical Center stood at ₹5,962.2.
The latest P/E ratio of Kovai Medical Center as of 11-Oct-2024 16:01 is 30.66.
The latest P/B ratio of Kovai Medical Center as of 11-Oct-2024 16:01 is 6.38.
The 52-week high of Kovai Medical Center is ₹5,770 and the 52-week low is ₹2,377.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kovai Medical Center is ₹1,259 ( Cr.) .

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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