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Kovai Medical Center & Hospital Ltd. Stock Analysis

Small Cap
Evaluated by 660 users | BSE: 523323 | NSE: KOVAI |
Hospital & Healthcare Services
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...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 10.14%8.86%13.99%14.06%18.04%16.38%20.21%15.7%11.62%12.95%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 175222297334402465531592628712
Y-o-Y Gr. Rt.-27.3%33.6%12.4%20.2%15.9%14.1%11.5%6.1%13.3%
Adjusted EPS (Rs.) 11.0210.9219.4221.6835.3636.8754.7452.9354.9587.27
Y-o-Y Gr. Rt.--0.9%77.8%11.6%63.1%4.3%48.5%-3.3%3.8%58.8%
Book Value per Share (Rs.) 46.3855.8573.5293.44126.49160.43215.07265.02313.69393.92
Adjusted Net Profit 12.11221.323.738.740.459.957.960.195.5
Net Op. Cash Flow (Rs. Cr.) 41.255.661.867.697.284.698.886.9126166
Debt to Cash Flow from Ops 4.664.13.392.721.671.871.272.3233.09
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Kovai Medical Center & Hospital Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 16.9%12.1%10.3%13.3%
Adjusted EPS 25.9%19.8%16.8%58.8%
Book Value per Share 26.825.522.425.6
Share Price 22.2% -4.5% -14.4% 2.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 26.5121.3630.0225.9732.1525.729.1522.0518.9924.67
Operating Profit Margin (%) 20.6219.5123.6421.8123.4719.7123.4821.7421.4624.22
Net Profit Margin (%) 6.95.377.157.19.638.6711.289.789.5713.42
Debt to Equity 3.793.732.61.81.180.90.530.71.11.19
Working Capital Days 47412931272220283226
Cash Conversion Cycle 68440-4-20-3-6
Entity Percentage Holding
Promoters 50.80%
Institutions 4.15%
Non-Institutions 45.05%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Kovai Medical Center & Hospital Ltd.'s performance infers:

Kovai Medical Center & Hospital Ltd. earnings have grown by 19.8%, whereas share price has depreciated -4.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Kovai Medical Center & Hospital Ltd. share prices over the last 10 years. Here is what we found out:

Kovai Medical Center & Hospital Ltd. share price has depreciated 17.6% annually over the past ten years.

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

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

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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