Rainbow Childrens Medicare Limited · NSE:RAINBOW
Rainbow Childrens Medicare — Q3 FY2023 Earnings Presentation
40 slides from Rainbow Childrens Medicare's earnings presentation, Feb 9, 2023
Slide 1: Exchange filing cover letter for earnings presentation
February 9, 2023 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Corporate Relationship Department, Bandra Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Mumbai – 400 051. Dalal Street, Mumbai – 400 001. Symbol: RAINBOW Scrip Code: 543524 Sub: Earni
Slide 2: Q3 & 9M FY22-23 Earnings Update
Q3 & 9M FY22-23 EARNINGS UPDATE 9th February 2023
Slide 3: Disclaimer
Disclaimer Certain statements in this presentation could be forward-looking in nature. Such forward-looking statements remain subject to certain risks and uncertainties like government actions, political or economic developments, technological risks, and certain other factors which cannot be quantif
Slide 4: Footprint of Rainbow Hospital
Footprint of Rainbow Hospital Outpatient 15 Hospitals clinics 3 Delhi 6 Cities Capacity beds 1,555 Outpatient In-patient 907k+ visits1 admissions1 63k+ Hyderabad Vishakhapatnam Vijayawada 11k+ Deliveries 1 Bengaluru Doctors2 685+ Chennai Note: 1 Numbers shown are for the period of 9M FY23; 2 Includi
Slide 5: An insight into the Rainbow approach
An insight into the Rainbow approach 4
Slide 6: Dr. Ramesh Kancharla - Pediatric Healthcare Visionary
Dr. Ramesh Kancharla - Pediatric Healthcare Visionary Chairman & Managing Director Born in a remote village in India, where people had to travel ~100 miles to access quality healthcare. This motivated Dr. Ramesh to pursue medical education Garnered rich experience in pediatric gastroenterology and l
Slide 7: A novel approach in pediatrics healthcare services
A novel approach in pediatrics healthcare services UNIQUE OPERATING MODEL Focused child Unique doctor Hub and Spoke Multi-disciplinary centric healthcare engagement model for wider city approach network model coverage Widest Suite of Pediatric Collaborative team and perinatal care Full-time, 24X7 co
Slide 8: Ability to conceptualize, create and operate specialized children's hospitals
Ability to conceptualize, create and operate specialized children’s hospitals Children centric hospitals Children centric Allocation of significant environment and portion of capex soothing interiors help towards interiors of in children to recover hospitals for creating faster congenial environment
Slide 9: Doctor engagement model fostering loyalty and sustainability
Doctor engagement model fostering loyalty and sustainability with an institution-first approach ▪ 685+ full time doctors ▪ Recognised as MRCPCH Examination Centre ▪ A number of doctors trained or possess ▪ Recognised as training center1 by National Board of qualifications from the UK, USA, Canada, E
Slide 10: The specialist in comprehensive children's care
The specialist in comprehensive children’s care Full suite of Pediatric offerings Pediatric Secondary care Pediatric Tertiary intensive care Pediatric Multi-specialty and Quaternary ◼ Pediatric outpatients ◼ Care of preterm babies with low/extremely care ◼ Immunizations low birth weight ◼ Pediatric
Slide 11: Comprehensive perinatal care provider
Comprehensive perinatal care provider, with synergies between paediatric and perinatal services Comprehensive services for all pediatric care needs Pediatrics ▪ 24*7 full spectrum of Pediatric multi speciality cover with level 4 NICU care Accessibility/Nativity/Comfort/Knows the Coordinated handhold
Slide 12: Hub and spoke approach to optimise delivery of patient care services
Hub and spoke approach to optimise delivery of patientcare services at scale City level hub and spoke model Regional level “South Connect” model Typically 50- 4-5 spokes 100 beds around a hub Typically 150- Regional spokes at 200-250 kms from city hubs 250 beds Vishakhapatnam Regional spokes to prov
Slide 13: Positioned to deliver
Positioned to deliver 12
Slide 14: Operating trends quarter-wise
Progress backed by capabilities – Operating trends quarter-wise No. of beds^ IP Volume OP Volume 23,689 3,15,482 3,43,839 1,555 1,500 1,555 22,665 1,198 1,150 1,165 19,592 2,29,789 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Capacity Beds Operational Beds Delivery volume
Slide 15: Operating trends maturity-wise for quarter
Progress backed by capabilities – Operating trends maturity-wise for quarter No. of beds^ ARPOB (INR per day) ALOS (# days) 2.60 2.65 Hospitals* 2.58 Matured 48,911 46,673 47,098 1,052 1,052 1,052 840 837 837 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 Capacity Beds Opera
Slide 16: Financial trends for Q3 FY23
Continuing momentum – Financial trends for Q3 FY23 Revenue (INR mn) EBITDA (INR mn) 3,064 3,131 34.84% 35.89% 34.99% 2,488 1,068 893 1,095 Q3 FY23 Q3 FY22 Q2 FY23 Q3 FY23 Q3 FY22 Q2 FY23 PAT (INR mn) 19.01% 18.17% 19.65% 582 615 452 Q3 FY23 Q3 FY22 Q2 FY23 COVID vaccine revenue in Q3 FY22 is Rs. 60
Slide 17: Operating trends on YTD basis
Progress backed by capabilities – Operating trends on YTD basis No. of beds^ IP Volume OP Volume 9,07,572 1,555 1,500 63,323 1,171 1,148 51,075 6,15,438 9M FY23 9M FY22 9M FY23 9M FY22 9M FY23 9M FY22 Capacity Beds Operational Beds Delivery volume in 9M FY23: 11,051 Delivery volume in 9M FY22 : 9,88
Slide 18: Operating trends maturity-wise, YTD perspective
Progress backed by capabilities – Operating trends maturity-wise, YTD perspective No. of beds^ ARPOB$ (INR per day) ALOS (# days) 2.69 Hospitals* 51,494 2.59 Matured 49,159 1,052 1,052 838 835 9M FY23 9M FY22 9M FY23 9M FY22 9M FY23 9M FY22 Capacity Beds Operational Beds Occupancy in 9M FY23 : 59.08
Slide 19: Financial trends for 9M FY23
Capturing a strong momentum – Financial trends for 9M FY23 Revenue (INR mn) EBITDA (INR mn) 34.83% 33.72% 8,566 7,613 2,984 2,567 9M FY23 9M FY22 9M FY23 9M FY22 PAT (INR mn) ROCE, ROE (%) 18.50% 16.60% 22.7% 22.5% 24.5% 19.7% 1,585 1,264 9M FY23 9M FY22 9M FY23 9M FY22 ROCE ROE Revenues from covid
Slide 20: Restated consolidated statement of profit and loss
Restated consolidated statement of profit and loss All numbers in INR mm Q3 FY23 Q3 FY22 YoY Growth Q2 FY23 QoQ Growth 9M FY23 9M FY22 YoY Growth Income Revenue from operations 3,064.04 2,487.56 23.17% 3,130.52 -2.12% 8,566.08 7,613.11 12.52% Other income 83.71 57.14 46.50% 75.63 10.68% 219.67 127.5
Slide 21: Robust governance framework
Robust governance framework High Governance Standard Board of directors Board composition Dr. Dinesh Kumar Chirla Whole-time Director Woman Director 17% Independent Director 67% Dr. Ramesh Kancharla Mr. Aluri Srinivasa Rao Chairman & Managing Director MD (Pediatrics) & MBBS (UK) Independent Director
Slide 22: Expansion and Progress
- rm . - Rainbow” Pr. ie Children's | @ BirthRight Hospital Dee
Slide 23: Key developments
Key developments • The Spoke hospital at Sholinganallur (OMR), Chennai commenced operations in Sep-22. The trajectory of operations here is as per our expectations • Project work for the spoke hospital at Financial district, Hyderabad is on schedule. The hospital is strategically located in the rapi
Slide 24: Key Market Statistics
Key Market Statistics Others 16.56% Dividend per Share (INR) Promoter and 2 2 2 Promoter Shareholding Group FPIs & NRIs Pattern 49.83% 21.35% FY20 FY21 FY22 MFs & AIFs 12.26% 500 Dec’ 22 99.7 Track record of consistently paying dividends 23
Slide 25: Thank You
Thank You “It takes a lot to treat the little” 24
Slide 26: Appendix
Rai nbe Chi eae e pall Hospital Oe
Slide 27: Pioneering comprehensive paediatric healthcare with robust infrastructure
Pioneering comprehensive paediatric healthcare with robust infrastructure Delhi Banjara hills, 1999 Vikrampuri, 2007 Hydernagar, 2014 Malviya Nagar2, 2017 Rosewalk3, 2019 # 250 # 110 # 110 # 130 # 24 Hyderabad Andhra Pradesh LB Nagar, 2016 Kondapur, 2013 RCHI1, 2019 Visakhapatnam, 2020 Vijayawada, 2
Slide 28: Awards & Recognition (1/3)
Awards & Recognition (1/3) Awards and recognition Largest gathering of pre-term Survival of the smallest baby Best Specialty Pediatric Guinness World record babies under one roof LIMCA book of records in Southeast Asia CNBC Hospital in India 2016 2018 2010, 2014 Federation of Telangana and Andhra Pr
Slide 29: Awards & Recognition (2/3)
Awards & Recognition (2/3) All Hubs hospitals of Rainbow located at Hyderabad, Bangalore, Chennai and New Delhi were among the top 10 pediatric hospital in the country 28
Slide 30: Awards & Recognition (3/3)
Awards & Recognition (3/3) Dr Ramesh Kancharla – Awarded the title “News Maker of the Year” by FE Healthcare Summit 2022 Madhukar Rainbow Children’s Hospital receives award for Exemplary Work In Pediatric and Neonatal Care 29
Slide 31: CNBC - Walk The Talk with Dr Ramesh Kancharla
CNBC - Walk The Talk with Dr Ramesh Kancharla 30
Slide 32: Outlook Best Doctors - South 2022
Outlook Best Doctors - South 2022 31
Slide 33: Rainbow Children's hospital performs rare procedure to save a preterm baby
Rainbow Children’s hospital performs rare procedure to save a preterm baby • The Vijayawada Hospital, is the first hospital in the state of Andhra Pradesh to perform a complex surgery to place a permanent pacemaker in a 2.5- month-old baby • A 29 weeks pre-term newborn baby with extreme low birth we
Slide 34: Successful surgical management of a child with continuous urinary leak
Successful surgical management of a child with continuous urinary leak • A 7-year girl from Uganda presented with continuous urinary dribbling since birth. She was operated for the same in Uganda, but the problem persisted • She was evaluated at Rainbow by our Pediatric Urologists who did a thorough
Slide 35: Exit Procedures – Guindy, Chennai
Exit Procedures – Guindy, Chennai • Chennai’s hub hospital performed first EXIT procedure (ex utero intrapartum treatment procedure). It is a specialized surgical delivery procedure to deliver babies who have airway compression • In this procedure the baby needs to be operated at the time of deliver
Slide 36: Madhukar Rainbow Children's Hospital performs a rare procedure
Madhukar Rainbow Children’s Hospital, New Delhi- performs a rare procedure to save a child with congenital medical problem • Madhukar Hospital, Delhi performed a complex and rare operation to remove (Bronchogenic cyst) in the chest of a two months old baby • The baby came to the hospital with diffic
Slide 37: Fibroid weighing 2kg removed through laparoscopic surgery
Fibroid weighing 2kg was successfully removed through laparoscopic surgery • Fibroid weighing 2kg was successfully removed through laparoscopic surgery at our hospital in Hebbal, Bengaluru • The woman’s uterus enlarged to size of watermelon due to the size of fibroids. Generally open surgery is perf
Slide 38: Quarterly Revenue Contribution
Quarterly Revenue Contribution 6,500.5 Mn 9,737.6 Mn 8,566.08 Mn 36% 36% 28% 26% 27% 27% 26% 25% 25% 22% 22% Q1 Q2 Q3 Q4 FY21 FY22 9M FY23 As per internal monthly MIS for FY21 sum of quarters may not total upto 100% due to rounding off 37
Slide 39: Quarterly EBITDA margins trends
Quarterly EBITDA margins trends 36% 35% 34% 35% 35% 32% 31% 28% 23% Q1 21% 20% Q2 Q3 Q4 FY21 FY22 9M FY23 As per internal monthly MIS for FY21 38
Slide 40: About Us
About Us Rainbow network comprises of 15 hospitals and 3 clinics in 6 cities, with a total bed capacity of 1,555 beds. For further information please contact: Our Pediatric services under “Rainbow Children’s Hospital” includes newborn and pediatric intensive care, R. Gowrisankar pediatric multi-spec
Rainbow Children's Medicare — Q3 FY2023 Earnings Presentation on 6ix