Max Healthcare Q4 Results Review - Inline Quarter; Growth On Track: Prabhudas Lilladher
Growth will be aided from expansion and ramping up of Lucknow, Nagpur units.24-05-2024
24-05-2024
Max Healthcare Institute Ltd - 543220 - Audio Recording Of Earnings Call Held On May 23, 2024
Audio Recording of Earnings Call held on May 23, 202423-05-2024
Max Healthcare Institute Results Earnings Call for Q4FY24
Conference Call with Max Healthcare Institute Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.23-05-2024
Max Healthcare Institute Ltd - 543220 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication pertaining to Financial Results for the quarter and financial year ended March 31, 202423-05-2024
Max Healthcare Institute Q4 Results: Profit Flat, Misses Estimates
Max Healthcare posted a profit of Rs 252 crore in the quarter-ended March, in comparison with Rs 251 crore in the year-ago period, and an estimate of Rs 353.71 crore.22-05-2024
Q4FY24 Quarterly Result Announced for Max Healthcare Institute Ltd.
Healthcare Facilities company Max Healthcare Institute announced Q4FY24 & FY24 results: Consummated transactions for 200 bedded Alexis Hospital, Nagpur and 550 bedded Sahara Hospital, Lucknow, and the results of these hospitals have been consolidated effective Feb 9, 2024 and March 7, 2024 respectively Gross Revenue stood at Rs 1,890 crore for Q4 FY24, growth of +15% YoY & +6% QoQ. This includes Rs 42 crore from two acquired hospitals. On a like-to-like basis, the Gross Revenue grew by +13% YoY and +4% QoQ Network Operating EBITDA was Rs 503 crore, growth of +15% YoY & +7% QoQ. This includes Rs 3 crore (net of deal expenses) from two new hospitals. Accordingly, Network Operating EBITDA from Existing Hospitals stood Rs 500 crore, +14% YoY & +6% QoQ Operating Margin3 on a like-to-like basis stood at 28.4% versus 28.2% in Q4 FY23 and 27.9% in Q3FY24 EBITDA per bed4 on a like-to-like basis improved by +12% YoY to Rs 78.5 lakhs in Q4 FY24, from Rs 70.3 lakhs in Q4 FY23 and Rs 75.6 lakhs in Q3 FY24 PAT stood at Rs 311 crore in Q4 FY24 Vs Rs 320 crore in Q4 FY23 and Rs 338 crore in Q3 FY24 Free Cash from Operations was Rs 412 crore in Q4 FY24. During the quarter, Rs 1,341 crore was spent on acquisition of two hospitals, Rs 176 crore was deployed towards ongoing capacity expansion projects & Rs 168 crore was spent towards purchase of land at Shaheed Path, Lucknow. In addition, Net Cash6 as on Mar 31, 2024 stood at Rs 22 crore Bed occupancy on a like-to-like basisin Q4FY24 stood at 75.1% largely owing to capacity constraints. OBDs were up by ~1% YoY on like-to-like basis and ~5% YoY on overall basis ARPOB on a like-to-like basis improved to Rs 78.1k in Q4 FY24 vs. Rs 70.7k in Q4FY23 and 76.8K in Q3FY24. New hospitals reported an ARPOB of 46.1K Free treatment provided to 35,224 patients in OPD and 1,190 patients in IPD from the economically weaker sections Gross Revenue for the year ended Mar 31, 2024 stood at Rs 7,215 crore, up +16%, Network Operating EBITDA in FY24 was Rs 1,907 crore, an increase of +17%. Operating Margin for FY24 stood at 27.8% Commenting on Q4 results, Abhay Soi, Chairman and Managing Director, Max Healthcare Institute Ltd., said: “We are happy to consummate two long drawn inorganic deals during the quarter. These transactions add significant capacity going forth and allow for additional brownfield opportunities in the fastgrowing markets of UP & Maharashtra. The existing hospital network is consistently improving its performance and generating stable cashflows, enabling us to look for more inorganic opportunities while we expand the existing capacities.” Result PDF22-05-2024
Max Healthcare Institute Ltd - 543220 - Statement Of Deviation Or Variation Of Funds Raised Through Qualified Institutional Placement
Statement of Deviation or Variation of Funds raised through Qualified Institution Placement22-05-2024
Max Healthcare Institute Ltd - 543220 - Presentation On Earnings Update
Presentation of earnings update for the quarter and financial year ended March 31, 202422-05-2024
Max Healthcare Institute Ltd - 543220 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release - Max Healthcare reports highest quarterly revenue and operating EBITDA, consummates two M&A transaction adding ~750 beds to capacity22-05-2024
Max Healthcare Institute Ltd - 543220 - Board Meeting Outcome for Meeting Held On May 22, 2024
Outcome of Board meeting held on May 22, 202422-05-2024