Narayana Hrudayalaya Ltd. · NSE:NH
Narayana Hrudayalaya — Q3 FY24 Earnings Presentation
19 slides from Narayana Hrudayalaya's earnings presentation, Feb 14, 2024
Slide 1: Exchange submission letter for investor presentation
Date of submission: 14th February 2024 To, To, The Secretary The Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai – 400 051 Dalal Street, Mumbai
Slide 2: Earnings Update Q3 FY24
Earnings Update Q3 FY24 August 02, 2023
Slide 3: Index
Topic Slide No. Narayana Health at a Glance 04 Q3 FY24 Highlights 05 Capex 12 Index NHIC 13 Digital Transformation Initiatives 14 Narayana Health ESG Vision – “Health For All” 15 Shareholding Pattern 16 2
Slide 4: Our Footprint
Our Footprint As on 1st January 2024 South Hospitals - 5 | Heart centres - 3 | Clinics - 11 Kakriyal, Jammu Operational beds - 1920 (Hospitals) - 241 (Heart centres) Delhi NCR East Hospitals - 7 | Clinics - 4| Dialysis centre - 1 Jaipur Operational beds - 1,865 Guwahati Ahmedabad Jamshedpur Raipur K
Slide 5: Narayana Health – At Glance
Narayana Health – At Glance 6,042 Facility Details No. of Facilities Operational Beds Capacity Beds 4.7 mn(2) Owned / Operated Hospitals(1) 18 5,295 Average Effective Capital Cost per Operational Bed Heart Centres 3 241 100+ Clinical Specialty & Sub-Specialty Clinics and Dialysis Center 17 0 19,002
Slide 6: Key Highlights – Operational & Financial Performance (Q3 FY24)
Key Highlights – Operational & Financial Performance (Q3 FY24) • SRCC, Mumbai – Survivor of High-risk clinical condition: • 11-year-old presented with super refractory status epilepticus which has an expected mortality of 50% & expected disability of 80% was treated with Novel High dose Phenobarb th
Slide 7: Revenue Mix – India (Q3 FY24)
Revenue Mix – India (Q3 FY24) Operating Revenues (INR mn) Business Mix(7) 27% 9,590 9,098 2% 70% 1% (1) (2) Owned Hospitals Operated Hospitals (3) Q3 FY23 Q3 FY24 Heart Centres Other Anciliary Businesses Specialty-Profile(4,7) Payor-Profile(4,7) Cluster-Wise(6,7) 8% 16% 16% 5% 34% 35% 21% 5% 43% 8%
Slide 8: Operational Review – India
Operational Review – India Excludes Managed Hospitals Average Revenue Per Patient (IP & OP) (1,2)Title ALOS INR ‘000 Days 116.5 123.0 OP 4.5 4.4 IP 4.0 4.2 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 Patient Footfalls (IP & OP)(1,3) ICU Occupied Bed Days(4) ‘000 ‘000 582 604 OP IP 88 93 57 57 Q3 FY23 Q3 FY24 Q3
Slide 9: Regional Split – India (Q3 FY24)
Regional Split – India (Q3 FY24) This considers owned/operated hospitals in India (excl. Jammu (1)) Southern Eastern Western Bangalore Kolkata Northern Peripheral Peripheral Regions • NICS • Mysore • RTIICS • Jamshedpur • Mumbai • Gurugram • MSMC • Shimoga • Barasat • Guwahati • Ahmedabad • New Delh
Slide 10: Profitability Snapshot – India Hospitals (Q3 FY24)
Profitability Snapshot – India Hospitals (Q3 FY24) Excludes NHIC, NHIL, Jammu & ATHMA EBITDA and EBITDA Margin Cost Structure INR ‘mn % of Operating Revenues Rental / Revenue Share (6) 2.7% 2.8% (1) 12.0% 12.4% (1) 19.4% 19.2% 18.3% (5) 17.7% (5) (3) (3) (1) 23.7% 22.8% 1,665 (1) 1,794 (4) (4) 28.0%
Slide 11: Operational Review – Cayman Islands
Operational Review – Cayman Islands Average Revenue Per Patient (IP & OP)(1,2) Operating Revenues (3) US$ ‘000 US$ mn 28.2 30.6 OP 40.7 30.7 IP 1.1 1.2 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 Discharges Out-Patients(1) 9,558 620 7,647 492 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 (1) OP figures include day-care busin
Slide 12: Consolidated Financial Performance
Consolidated Financial Performance Figures in INR mn, unless stated otherwise Profit and Loss Statement(1,3) Key Balance Sheet Items(1) Particulars (INR mn) Q3 FY24 9M FY24 Particulars 31st December 2023 Total Operating Revenue 12,036 37,423 Shareholder Equity Consumption 2,442 8,004 26,899 Doctors
Slide 13: Capex Strategy
Capex Strategy INR Mn 1,500 FY23 FY24 2,570 Radiation Oncology Block A interiors, NICU, Center, Block A PICU, Single Rooms, 2,000 exterior work Medical Equipment 1,391 1,361 Refurbishment of OPD Infrastructure areas, Cathlab, Private Reconfiguration, 1,310 and Semi-Private Replacement Medical Rooms
Slide 14: NHIC: Snapshot
NHIC: Snapshot Program running since September 2022 at select Bengaluru locations 7 42,749 ₹53.7 Mn As on 31st December 2023 Q3 FY24 Q3 FY24 Points of Presence Patient Transactions Revenue Current focus on Bengaluru We will learn and adjust model and expand geographical presence subsequently 13 13
Slide 15: Digital Transformation Initiatives
Digital Transformation Initiatives Impact | New Products Impact | Mobile Apps Initiatives | Business athmâ Reach • 1.4 Million cumulative installs • An 8% QoQ increase in throughput • 7 new sites onboarded on Athma • 26K+ orders processed through • Patient Self-Check in launched SaaS Athma radiology
Slide 16: NH ESG Vision – “Health For All”
Actuals 9M (T – Target 9M) NH ESG Vision – “Health For All” A Healthy Planet By being conscious about impact on the environment, prioritizing consumption efficiency and resource optimization 30% Carbon Neutral 100% Optimized 50% less Renewable energy By 2040 Waste-water Waste management Paper use ac
Slide 17: Shareholding Pattern
Shareholding Pattern As on 31st December 2023(1) ESOP Trust Total Number of Shares DIIs 0.6% 204,360,804 10.2% FIIs Key DIIs Key FIIs 11.5% Axis Asset Management Wellington Asset Management ICICI Prudential Life Insurance Vanguard Index Fund Nippon Life India Asset Management Mirae Asset Management
Slide 18: Disclaimer and Contact Details
Disclaimer and Contact Details 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 such information or opinions contained herein. The information contained in this presentation is only current as
Slide 19: Take Care
i. a Take Care