Apollo Hospitals Enterprise Limited · NSE:APOLLOHOSP

Apollo Hospitals Enterprise — Q3 FY2013 Earnings Presentation

21 slides from Apollo Hospitals Enterprise's earnings presentation, February 2013

  1. Slide 1: Q3 FY 2013 Earnings Update

    Q3 FY 2013 Earnings Update Q2 FY 2013 Earnings Update 1

  2. Slide 2: Safe Harbour

    Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the

  3. Slide 3: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance – Hospitals • Operational Performance – Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 3

  4. Slide 4: Highlights (1/2)

    Highlights – (1/2)  YTD Dec FY13 Consolidated Revenues of Rs. 28,242 mio (up 22.2% yoy) Financial Performance  YTD Dec FY13 Consolidated EBITDA of Rs. 4,687 mio (up 22.8% yoy)  YTD Dec FY13 Consolidated EBITDA margin at 16.6% as compared to 16.5% in YTD Dec FY12  Consolidated PAT of Rs. 2,351 mi

  5. Slide 5: Highlights (2/2)

    Highlights – (2/2)  49 hospitals with total bed capacity of 8,020 beds as on Dec 31, 2012 Capacity  36 owned hospitals including JVs/ Subsidiaries and associates with 5,982 beds and 13 Managed hospitals with 2,038 beds.  Of the 5,982 owned beds, 5,332 beds were operational and had an occupancy of

  6. Slide 6: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance – Hospitals • Operational Performance – Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 6

  7. Slide 7: Consolidated Financial Performance

    Consolidated Financial Performance (Unaudited Management Estimates) ` Mio YTD Dec YTD Dec Q3 FY 12 Q3 FY 13 yoy (%) FY 12 FY 13 yoy (%) Income from Operations 7,561 9,209 21.8% 21,712 26,483 22.0% Add: Share of JVs 468 600 28.2% 1,399 1,759 25.8% Total Revenues 8,029 9,809 22.2% 23,111 28,242 22.2%

  8. Slide 8: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance – Hospitals • Operational Performance – Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 8

  9. Slide 9: Standalone Financial Performance (1/2)

    Standalone Financial Performance – (1/2) ` Mio YTD Dec YTD Dec Q3 FY 12 Q3 FY 13 yoy (%) FY 12 FY 13 yoy (%) Key Highlights Revenue 7,148 8,558 19.7% 20,555 24,695 20.1%  Revenues of Rs. 24,695 mio, Operative Expenses 3,732 4,426 18.6% 10,730 12,776 19.1% 20.1% yoy growth. Employee Expenses 1,086 1

  10. Slide 10: Standalone Segment-wise Performance (2/2)

    Standalone Segment-wise Performance – (2/2) ` Mio YTD Dec YTD Dec Key Highlights Q3 FY 12 Q3 FY 13 yoy (%) FY 12 FY 13 yoy (%)  Healthcare services Revenues at Revenues from each segment Rs. 16,540 mio, 15.4% yoy Heathcare Services * 4,903 5,653 15.3% 14,331 16,540 15.4% growth. Stand-alone Pharmac

  11. Slide 11: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance – Hospitals • Operational Performance – Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 11

  12. Slide 12: Operational Performance – Hospitals

    Operational Performance – Hospitals ` Mio Total (5) Chennai cluster Hyderabad cluster Others (1) Significant subs/ JVs/ associates (2) Particulars YTD Dec FY YTD Dec Growth YTD Dec FY YTD Dec Growth YTD Dec FY YTD Dec Growth YTD Dec FY YTD Dec Growth YTD Dec FY YTD Dec Growth 12 FY 13 yoy (%) 12 FY

  13. Slide 13: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance – Hospitals • Operational Performance – Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 13

  14. Slide 14: Operational Performance – Standalone Pharmacy

    Operational Performance – Standalone Pharmacy ` Mio YTD Dec YTD Dec Batch Particulars Q3 FY 12 Q3 FY 13 yoy % FY 12 FY 13 yoy % Key Highlights No of Stores 484 461 484 461 Upto FY 2008 Revenue/store 2.27 2.65 16.9% 6.55 7.69 17.3%  All stores upto FY 2010 EBITDA /store 0.11 0.14 28.1% 0.29 0.40 36.

  15. Slide 15: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance – Hospitals • Operational Performance – Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 15

  16. Slide 16: Key Hospital Expansion Plan & Update on Execution

    Key Hospital Expansion Plan & Update on Execution Total Estim ated AHEL's Strategy for Expansion Project Share of Cost Cost  Focus on owned hospitals Location CoD* Type of Hospital No of Beds (Rs.m io) (Rs.m io) Mumbai Cluster – Plan to add 15 hospitals from the current 36 Navi Mumbai FY15 Super Sp

  17. Slide 17: Contents

    Contents • Highlights • Consolidated Financial Performance • Standalone Financial Performance • Operational Performance - Hospitals • Operational Performance - Standalone Pharmacy • Update on Projects • Update on non-hospital JVs 17

  18. Slide 18: Update on non-hospital JVs

    Update on non-hospital JVs (Unaudited Management Estimates) ` Mio YTD Dec YTD Dec  During YTD Dec FY13, the company achieved a Gross Written Premium (GWP) Particulars Q3 FY 12 Q3 FY 13 yoy (%) FY 12 FY 13 yoy (%) of Rs. 3,591 mio against a GWP of Rs. 2,621 mio in YTD Dec FY12. The incurred claim lo

  19. Slide 19: Q&A

    Q&A 19

  20. Slide 20: Appendix: Basis of Consolidation

    Appendix: Basis of Consolidation AHEL Standalone Location Description Chennai Main Chennai Hospital ASH - Chennai Chennai Hospital Tondiarpet - Chennai Chennai Hospital FirstMed - Chennai Chennai Hospital Apollo Children's Hospital Chennai Hospital Madurai Madurai Hospital Karur Karur Hospital Karai

  21. Slide 21: Hospitals – Understanding Key Operating Metrics

    Hospitals – Understanding Key Operating Metrics Description Formula / Calculation Key Driver  Number of operating  Project execution Operating Beds beds  Capital Expenditure x  In-patient Bed Days  In-patient Bed Days  Brand Occupancy Billed  Doctor reputation  Quality of outcomes  Competit

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