Apollo Hospitals Enterprise Limited · NSE:APOLLOHOSP
Apollo Hospitals Enterprise — Q4 FY2016 Earnings Presentation
25 slides from Apollo Hospitals Enterprise's earnings presentation, May 25, 2016
Slide 1: Q4 FY 2016 Earnings Update
Q4 FY 2016 Earnings Update 25‐May‐16 www.apollohospitals.com 1
Slide 2: Safe Harbour
SAFE HARBOUR • No representation or warranty, express or implied, is made as to, and no additional information. These are not to be construed as being provided reliance should be placed on, the fairness, accuracy, completeness or under any legal or regulatory requirements. The accuracy of these numb
Slide 3: Contents
Contents OPERATIONAL STANDALONE CONSOLIDATED OPERATIONAL UPDATE ON PERFORMANCE UPDATE ON HIGHLIGHTS FINANCIAL FINANCIAL PERFORMANCE NON‐HOSPITAL – STANDALONE PROJECTS PERFORMANCE PERFORMANCE – HOSPITALS JVS PHARMACY 3 25‐May‐16 www.apollohospitals.com 3
Slide 4: Highlights
HIGHLIGHTS 4 25‐May‐16 www.apollohospitals.com 4
Slide 5: Highlights: Financial Performance and Key Operational Highlights
Highlights 1 of 2 FY 16 Consolidated Revenues of ` 60,856 mio (up 17.5% yoy) FY 16 Consolidated EBITDA of ` 7,823 mio (up 6.5% yoy) Financial New Hospitals reported an operating loss of ` 196 mio in FY 16 Performance AHLL reported an EBITDA loss of ` 420 mio FY 16 Consolidated EBITDA margi
Slide 6: Highlights: Capacity and Operations
Highlights 2 of 2 69 hospitals with total bed capacity of 9,554 beds as on Mar 31, 2016 42 owned hospitals including JVs/ Subsidiaries and Associates with 7,620 beds 12 Day care/ short surgical stay centres with 340 beds and 7 Cradles with 160 beds Capacity 8 Managed hospitals with 1,434 bed
Slide 7: Standalone Financial Performance
STANDALONE FINANCIAL PERFORMANCE 7 25‐May‐16 www.apollohospitals.com 7
Slide 8: Standalone Financial Performance – Total
Standalone Financial Performance – Total (` mio) 1 of 3 Q4 FY 15 Q4 FY 16 yoy (%) FY 15 FY 16 yoy (%) Revenue 12,037 13,963 16.0% 45,928 54,091 17.8% Key Highlights Operative Expenses 6,299 7,349 16.7% 24,240 28,776 18.7% Employee Expenses 1,911 2,255 18.0% 7,210 8,455 17.3% FY 16 Revenues of ` 54,0
Slide 9: Standalone Financial Performance – Existing & New Breakup
Standalone Financial Performance – Existing & New Breakup (` mio) 2 of 3 Healthcare Healthcare Key Highlights Service New Services SAP Standalone (Existing) Hospitals (Total) Health Care Services revenue growth Revenue 27,666 3,187 30,854 23,237 54,091 at 9.4% from ` 28,202 mio in FY 15 EBITDAR 7,13
Slide 10: Standalone Financial Performance – Segment Reporting
Standalone Financial Performance – Segment Reporting (` mio) 3 of 3 Q4 FY 15 Q4 FY 16 yoy (%) FY 15 FY 16 yoy (%) Revenues from each segment Key Highlights Healthcare Services* 7,258 7,874 8.5% 28,206 30,858 9.4% Stand‐alone Pharmacy 4,780 6,090 27.4% 17,726 23,237 31.1% Healthcare services Revenues
Slide 11: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE 11 25‐May‐16 www.apollohospitals.com 11
Slide 12: Consolidated Financial Performance – Total
Consolidated Financial Performance ‐ Total (` mio) 1 of 2 Q4 FY 15 Q4 FY 16 yoy (%) FY 15 FY 16 yoy (%) Key Highlights Income from Operations 12,413 14,664 18.1% 48,705 57,349 17.7% Add: Share of JVs 773 918 18.9% 3,079 3,507 13.9% Revenue growth of 17.5% from Total Revenues 13,186 15,583 18.2% 51,7
Slide 13: Consolidated Financial Performance – Existing & New Breakup
Consolidated Financial Performance – Existing & New Breakup – Total (` mio) 2 of 2 Healthcare Healthcare Key Highlights Services AHLL Services Group SAP Munich (incl Consol Group (New & Cradle) Healthcare services Group (existing) (Existing) Others) EBITDAR growth of 5.8% in FY 16 & Revenue 32,020 3
Slide 14: Operational Performance Hospitals
OPERATIONAL PERFORMANCE HOSPITALS 14 25‐May‐16 www.apollohospitals.com 14
Slide 15: Operational Performance – Hospitals
Operational Performance – Hospitals (` mio) AHEL Standalone Hospitals Significant Total(5) Chennai cluster Hyderabad cluster Others(1) subs/JVs/associates(2) Particulars FY 15 FY 16 yoy (%) FY 15 FY 16 yoy (%) FY 15 FY 16 yoy (%) FY 15 FY 16 yoy (%) FY 15 FY 16 yoy (%) No. of Operating beds 6,321 6,
Slide 16: Operational Performance Standalone Pharmacy
OPERATIONAL PERFORMANCE STANDALONE PHARMACY 16 25‐May‐16 www.apollohospitals.com 16
Slide 17: Operational Performance – Standalone Pharmacy
Operational Performance – Standalone Pharmacy (` mio) Batch Particulars Q4 FY 15 Q4 FY 16 yoy (%) FY 15 FY 16 yoy (%) Key Highlights No of Stores 425 418 425 418 Upto Revenue/store 3.40 3.80 11.9% 13.30 15.04 13.0% FY 08 Batch EBITDA /store 0.21 0.27 26.4% 0.78 1.02 30.3% Revenues at ` 23,237 mio, g
Slide 18: Update on Projects
UPDATE ON PROJECTS 18 25‐May‐16 www.apollohospitals.com 18
Slide 19: Key Hospital Expansion Plan & Update on Execution
Key Hospital Expansion Plan & Update on Execution (` mio) Key Highlights Total Estimated Project Cost Location CoD* Type of Hospital No. Of Beds We are in the final stages of our current (INR mio) expansion plans Addition in FY 17 Indore (expansion) FY17 Super Specialty 65 280 1,725 beds in 11 locat
Slide 20: Update on Non Hospital JVs
UPDATE ON NON HOSPITAL JVS 20 25‐May‐16 www.apollohospitals.com 20
Slide 21: Update on non-hospital JVs
Update on non‐hospital JVs (` mio) Apollo Munich Health Insurance Co Ltd Key Highlights Particulars Q4 FY 15 Q4 FY 16 yoy (%) FY 15 FY 16 yoy (%) During FY 16, the company achieved a Total Income 1,839 2,246 22.1% 7,181 8,474 18.0% Gross Written Premium (GWP) of ` EBITDA 73 87 19.8% 96 192 100.5% 11
Slide 22: 25‐May‐16 www.apollohospitals.com
22 25‐May‐16 www.apollohospitals.com 22
Slide 23: Appendix: Basis of Consolidation
Appendix: Basis of Consolidation AHEL AHEL AHEL Standalone Location Description Subsidiaries Location Description Ownership Ownership Chennai Main Chennai Hospital Samudra Healthcare Enterprises Ltd. Kakinada Hospital 100.00% ASH ‐ Chennai Chennai Hospital Apollo Hospitals (UK) Ltd UK Hospital 100.0
Slide 24: Hospitals – Understanding Key Operating Metrics
Hospitals – Understanding Key Operating Metrics Description Formula / Calculation Key Driver Operating Beds • Number of operating beds • Project execution • Capital Expenditure Occupancy • In‐patient Bed Days • In‐patient Bed Days Billed • Brand • Doctor reputation • Quality of outcomes • Competitio
Slide 25: Thank You
THANK YOU 25 25‐May‐16 www.apollohospitals.com 25
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