Jupiter Life Line Hospitals Ltd. · NSE:JLHL
Jupiter Life Line Hospitals — Q1 FY2024 Earnings Presentation
36 slides from Jupiter Life Line Hospitals's earnings presentation, Oct 6, 2023
Slide 1: Cover letter to stock exchanges
6th October, 2023 To, To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, BKC P.J. Towers, Bandra-Kurla Complex, 25th Floor, Dalal Street, Fort Bandra (East), Mumbai-400 051 Mumbai 400 001 Symbol: JLHL Code: 543980 Subject: Investor Presentation for the Quarter ended 30th June, 202
Slide 2: Jupiter Hospital
Jupiter Hospital
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jupiter Life Line Hospitals Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Q1FY24 Performance
Q1FY24 Performance
Slide 5: Q1FY24 Performance Highlights
Q1FY24 Performance Highlights Rs in Crs Revenue EBITDA PBT PAT* +21% +8% +6% +78% IPD 243.2 53.0 33.8 54.0 OPD 49.3 32.0 Others 200.6 193.4 30.4 158.8 39.1 47.3 2.7 2.5 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 *PAT for Q1FY24 also includes benefit of deferred tax charge of Rs. 30.44 C
Slide 6: Q1FY24 Operating Metrics
Q1FY24 Operating Metrics Operational Bed Capacity(1) Average Occupancy Rate(2) IPD & OPD Volumes (‘000)(3) 961 57.2% 208.01 900 52.1% 175.74 11.20 IPD 9.51 166.22 196.81 OPD Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 ARPOB (in Rs)(4) ALOS (in Days)(5) Payor Mix Govt. Schemes Self Payers Insurance Co.
Slide 7: Key Highlights
Key Highlights 1 Occupancy stood at 57.2% 3 Payee mix continues to for Q1FY24 vs 52.1% in remain strong with Q1FY23, largely led by improved performance at Indore and Pune hospital 2 Insurance companies at 53.3% in Q1FY24 vs 50.9% in Q1FY23 4 IPD and OPD volumes grew Debt has been repaid in by 17.8%
Slide 8: Management Commentary
Management Commentary Dr. Ankit Thakker ED & CEO “We are extremely pleased with our recent listing on stock exchanges and are excited as we continue our journey, now as a listed entity. During the IPO, we had raised funds with an objective to repay debt. I am happy to inform that, we have fulfilled
Slide 9: Profit & Loss Statement
Profit & Loss Statement Profit and Loss (in Rs. Crs) Q1FY24 Q1FY23 YoY Q4FY23 QoQ FY23 Revenue from Operations 243.2 200.6 21.3% 242.3 0.4% 892.5 Value Addition 104.3 81.6 128.9 375.1 Gross Profit 138.9 119.0 16.7% 113.4 22.4% 517.5 Gross Profit Margin 57.1% 59.3% 46.8% 58.0% Employee Cost 45.1 35.3
Slide 10: Business Overview
Business Overview
Slide 11: Jupiter at a Glance
Jupiter at a Glance Healthcare Provider Focused on Western India Existing Facilities Upcoming Facility Operating Hospitals Bed Capacity 3 961 Indore Dombivli Occupancy Rate ALOS (in Days) Thane 57.2% 3.85 Pune ARPOB (in Rs) Dombivli Green Field Facility Construction Started in April’23 with a total
Slide 12: Major Events
Major Events 2007 2020 2023 o Established and commenced o Announced Greenfield operations of Pune Hospital expansion Hospital in Dombivli o Established and o Acquired Indore o Listed on BSE & NSE commenced Hospital operations of our first hospital at Thane, Maharashtra 2017 2022 11
Slide 13: Experienced Board of Directors
Experience Board of Directors Dr. Ajay Thakker Chairman and MD Dr. Ankit Thakker ED and CEO ✓ Founder of the Company ✓ 14 years of experience in the healthcare sector ✓ Over 3 decades of experience in the field of medicine and ✓ Responsible for the overall management of the Company healthcare Dr. Bh
Slide 14: Key Management Team
Key Management Team Harshad Purani Dr. Shilpa Tatake Anand Apte Dr. Rajendra Patankar Neelesh Shinde CFO & President – Corporate Chief Chief Business & Chief Executive Officer - Group Chief Technical Administration & Head Operating Officer Strategy Officer Pune Hospital Officer Of CSR Pradip Acharya
Slide 15: Key Tertiary and Quaternary Healthcare Provider
Key Tertiary and Quaternary Healthcare Provider Strong Brand Recognition and Clinical Expertise ✓ One of few in the country to house a dedicated robotic and Focus on Densely Operate independently on computer-assisted neuro rehabilitation centre Populated Micro markets owned land for operational in W
Slide 16: All-Hub-No-Spoke Model With Focus On Quality Patient Care
All-Hub-No-Spoke’ Model With Focus On Quality Patient Care Well-equipped with Advanced Infrastructure & Some of the key branches Skilled Healthcare Professionals In-house 24x7 1:1 nursing station in ICU 1,000 sq. ft. per bed ratio Cardiology engineering team Oncology Orthopaedics Robotic Knee Replac
Slide 17: Hospitals Built with Modern Infrastructure
Hospitals Built with Modern Infrastructure Patient & Companion Centric Atmosphere Twin sharing rooms partitioned from top to Over 1,000 sq. ft. per bed Large windows for daylight bottom Wide Staircases providing ample space to Step-out gardens and use of space & natural 1:1 Nursing station for each
Slide 18: Operations at 3 Distinct Geographies
Operations at 3 Distinct Geographies Thane (2007) Pune (2017) Indore (2020)(4) Operating Beds(1) 377 353 231 Avg. Occupancy(2) 53.2% 67.3% 46.7% ARPOB (3) (in Rs) 61,960 55,874 41,199 1) Operational beds includes census beds (bed available for mid-night occupancy such as intensive care units (“ICUs”
Slide 19: Provides Advanced and Sophisticated Technology
Provides Advanced and Sophisticated Technology 01 02 03 Advanced Medical Diagnostics Critical Care and Operation Theatres Technology ✓ Each hospital is equipped with both ✓ Hospital has comprehensive and high- ✓ Hospitals are equipped with modern positive pressure and negative pressure tech rehabili
Slide 20: Industry Overview
Industry Overview
Slide 21: Hospital Industry Overview
Hospital Industry Overview Indian Healthcare Hospital Share in Government and Private Delivery Market (Rs Trn) Healthcare Industry Hospital Share (In Terms of Value) IPD OPD Private Hospitals Government Hospitals Hospitals Domestic Pharmacutical 8.6 Diagnostic Centers Medical Devices +11.5% 9% 28% 6
Slide 22: Western Regions of India to Witness Strong Growth
Western Regions of India to Witness Strong Growth India Lags Behind in Healthcare Infra Indian Western Healthcare Delivery Market Per 10K Population Indian Western Healthcare Delivery Market Size (INR Trillion)) World Median India CAGR 14– 16% 2.15 - 2.25 40 29 CAGR 9 – 10% 1.05- 1.15 15 16 17 0.7 –
Slide 23: Multiple Industry Tailwinds Propelling Healthcare Delivery
Multiple Industry Tailwinds Propelling Healthcare Delivery Government policies to Increased instances of improve healthcare lifestyle-related illness & non- coverage communicable diseases Expansion of health Increased life expectancy and insurance coverage Sectoral changing demographic profile under
Slide 24: Growth Drivers
Growth Drivers
Slide 25: Multispecialty Hospital Focused on Western India Healthcare
Multispecialty Hospital Focused on Western India Healthcare.. Regional Multi Specialty Ability to attract and retain All Hub & No Spoke Model Hospital experienced professionals Tertiary & quaternary care model with Comprehensive offerings through Maintains a quality standard by presence in Mumbai Me
Slide 26: With Continued Focus on ESG
..With Continued Focus on ESG Environmental Governance Social ✓ Pune hospital has been designed in collaboration ✓ Board comprises of 4 independent directors and ✓ Served numerous patients suffering from cancer, birth with the Government of Switzerland under the operates distinctly from executive ma
Slide 27: Growth Strategy
Growth Strategy Strategically Expand Footprint In Western Markets Pursue Strategic Growth Opportunities In Focus Micro- markets Continue To Improve Quality Of ✓ Expand the hospital network into Care and Invest & Employ Latest western India's focus micro- Technology ✓ The company may pursue markets,
Slide 28: Strong Historical Financial Performance
Strong Historical Financial Performance
Slide 29: Delivering Value to Stakeholders with IPO
Delivering Value to Stakeholders with IPO September 2023 Listing of Jupiter Life Line Hospitals Limited on BSE & NSE Strengthening the balance sheet (Rs in cr) 665 542 123 Pre IPO Proceeds IPO Proceeds Total Fresh Equity Money will be used to fully repay the long-term borrowings 28
Slide 30: Robust Operating Metrics
Robust Operating Metrics Operational Bed Capacity(1) Average Occupancy Rate(2) OPD & IPD Volumes (‘000)(4) 950 62.6% 773.94 869 54.0% 645.45 42.96 744 45.3% 34.65 447.57 IPD 24.55 730.98 610.80 OPD 423.02 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 ARPOB(3) ALOS (5) Payor Mix Govt. Schemes Self Pay
Slide 31: Improving Return Ratios
Improving Return Ratios ROCE ROE Debt to Equity 20.9% 20.0% 1.73 1.72 17.7% 16.1% 1.29 6.1% FY21 FY22 FY23 -0.9% FY21 FY22 FY23 FY21 FY22 FY23 Debt to be repaid in full with IPO proceeds 30
Slide 32: Historical Profit and Loss Statement
Historical Profit and Loss Statement Profit and Loss (in Rs. Crs) FY23 FY22 FY21 FY20 Revenue from Operations 892.5 733.1 486.2 462.9 Value Addition 157.2 142.2 98.4 79.9 Gross Profit 735.4 590.9 387.7 383.1 Gross Profit Margin 82.4% 80.6% 79.8% 82.7% Employee Cost 155.6 133.8 104.4 92.8 Other Expen
Slide 33: Historical Balance Sheet
Historical Balance Sheet Equity & Liabilities (in Rs. Crs) FY23 FY22 FY21 FY20 Assets (in Rs. Crs) FY23 FY22 FY21 FY20 Total Equity 363.9 288.4 246.4 236.7 Non - Current Assets 776.3 728.3 676.1 469.4 Share Capital 56.5 50.9 50.9 50.9 Property Plant & Equipments 719.0 683.1 629.4 434.1 Instruments e
Slide 34: Historical Cash Flow Statement
Historical Cash Flow Statement Particulars (Rs. Crs) FY23 FY22 FY21 FY20 Net Profit Before Tax 128.7 77.1 1.6 32.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 74.9 77.1 68.5 65.8 Operating profit before working capital changes 203.6 154.2 70.1 98.7 Changes in working capit
Slide 35: Abbreviations
Abbreviations Term Description ALOS Average Length of Stay in Hospitals ARPOB Average Revenue Per Occupied Bed CDSO Central Drugs Standard Control Organisation CGHS Central Government Health Scheme CHE Current Healthcare Expenditure DPCO Drugs (Prices Control) Order, 2013 DPCO, 2022 Drugs (Prices Co
Slide 36: Patient First - Contact
PATIENT FIRST Jupiter Life Line Hospitals Limited Strategic Growth Advisors Pvt. Ltd. CIN: U85100MH2002PLC137908 CIN: U74140MH2010PTC204285 Rahul Agarwal / Mandar Chavan investor.relations@jupiterhospital.com rahul.agarwal@sgapl.net / mandar.chavan@sgapl.net +91 98214 38864 / +91 96993 82195
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