Narayana Hrudayalaya Ltd. · NSE:NH
Narayana Hrudayalaya — Q2 FY24 Earnings Presentation
20 slides from Narayana Hrudayalaya's earnings presentation, Nov 13, 2023
Slide 1: Exchange submission letter for investor presentation
Date of submission: 13th November 2023 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 Q2 FY24
Earnings Update Q2 FY24 August 02, 2023
Slide 3: Index
Topic Slide No. Narayana Health at a Glance 03 Q2 FY24 Highlights 05 Capex 13 Index Shareholding Pattern 17 NHIC 14 Digital Transformation Initiatives 15 Narayana Health ESG Vision – “Health For All” 16 2
Slide 4: Our Footprint
Our Footprint As on 1st October 2023 South Hospitals - 6 | Heart centres - 3 | Clinics - 11 Operational beds - 2,146 (Hospitals) - 187 (Heart centres) East Hospitals - 7 | Clinics - 4| Dialysis centre - 1 Operational beds - 1,871 North Hospitals – 4 | Clinics - 1 Operational beds: 1,156 West Hospita
Slide 5: Narayana Health – At Glance
Narayana Health – At Glance 6,096 Facility Details No. of Facilities Operational Beds Capacity Beds Owned / Operated Hospitals(1) 18 5,346 4.3 mn(3) Average Effective Capital Cost per Operational Bed Managed Hospitals(2) 1 178 100+ Heart Centres 3 187 Clinical Specialty & Sub-Specialty Clinics and D
Slide 6: Key Highlights – Operational & Financial Performance (Q2 FY24)
Key Highlights – Operational & Financial Performance (Q2 FY24) • Narayana Health is the first healthcare group in India and the 6th Globally, to be awarded Joint Commission International (JCI ) Enterprise Accreditation. 8 of our hospitals were accredited with JCI accreditation • Narayana Institute o
Slide 7: Narayana Health achieves Guinness World Record
Narayana Health achieves Guinness World Record Bengaluru, September 22, 2023: Narayana Health made history by conducting the highest number of electrocardiograms - 3797 ECGs in a single day at a single place. The record-breaking attempt took place on September 21 at Narayana Health City, Bommasandra
Slide 8: Revenue Mix – India (Q2 FY24)
Revenue Mix – India (Q2 FY24) Operating Revenues (INR mn) Business Mix(7) 26% 10,527 9,179 2% 71% 1% (1) (2) Owned Hospitals Operated Hospitals (3) Q2 FY23 Q2 FY24 Heart Centres Other Anciliary Businesses Specialty-Profile(4,7) Payor-Profile(4,7) Cluster-Wise(6,7) 9% 15% 16% 5% 34% 36% 22% 42% 5% 7%
Slide 9: Operational Review – India
Operational Review – India Excludes Managed Hospitals Average Revenue Per Patient (IP & OP) (1,2) ALOS INR ‘000 Days 118.1 110.6 OP 4.6 4.4 IP 3.9 4.1 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Patient Footfalls (IP & OP) (1,3) ICU Occupied Bed Days(4) ‘000 ‘000 685 613 OP IP 88 104 60 64 Q2 FY23 Q2 FY24 Q2 FY
Slide 10: Regional Split – India (Q2 FY24)
Regional Split – India (Q2 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 Del
Slide 11: Profitability Snapshot – India (Q2 FY24)
Profitability Snapshot – India (Q2 FY24) Excludes Managed Hospitals EBITDA and EBITDA Margin Cost Structure INR ‘mn % of Operating Revenues Rental / Revenue Share (6) 2.4% 2.4% (2) 20.3% 11.8% 11.9% (2) 19.0% 18.9% (5) 18.2% (5) (1) 2,126 (1) (3) (3) 1,746 24.8% 24.5% (4) (4) 27.9% 27.3% Q 2 FY 23 Q
Slide 12: Operational Review – Cayman Islands
Operational Review – Cayman Islands Average Revenue Per Patient (IP & OP)(1,2) Operating Revenues (4) US$ ‘000 US$ mn 29.1 31.5 OP 39.3 34.1 IP 1.0 1.3 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Discharges(3) Out-Patients(1) 7,609 9,615 545 558 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 (1) OP figures include day-care bu
Slide 13: 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) Q2 FY24 H1 FY24 Particulars 30th September 2023 Total Operating Revenue 13,052 25,387 Shareholder Equity Consumption 2,845 5,562 25,017 Doctors
Slide 14: 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, and Semi-Private Replacement Medical Rooms Equipm
Slide 15: NHIC: Snapshot
NHIC: Snapshot Program running since September 2022 at select Bengaluru locations 6 45,060 ₹52.2 Mn As on 30th September 2023 Q2 FY24 Q2 FY24 Points of Presence Patient Transactions Revenue Current focus on Bengaluru We will learn and adjust model and expand geographical presence subsequently 14 14
Slide 16: Digital Transformation Initiatives
Digital Transformation Initiatives Launch | New Products Impact | Mobile Apps Initiatives | Business GTM | athmâ Reach • 36% administrative • Patient discharge alerts + • 6 External Hospitals • athmâ’s comprehensive workload reduced in OP payments on Whatsapp, Onboarded on athmâ, 2 Radiology Informa
Slide 17: NH ESG Vision – “Health For All”
Actuals H1 (T – Target H1) 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 18: Shareholding Pattern
Shareholding Pattern As on 30th September 2023 (1) ESOP Trust Total Number of Shares DIIs 0.8% 204,360,804 10.9% FIIs Key DIIs Key FIIs 11.6% Axis Asset Management Wellington Asset Management ICICI Prudential Life Insurance Vanguard Index Fund Nippon Life India Asset Management Mirae Asset Managemen
Slide 19: 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 20: Take Care
Take Care Narayana Hrudayalaya is a great Share with everything right but | won't choose because they don't have killer instinct (No Pun intended) and do business ethically. It is a boon for patients but we should prefer Hospital Chains which charge like Ferrari Speedometer... 9:14 PM - Oct 1, 2023