Max India Ltd · NSE:MAXIND
Max India — Q1 FY2020 Earnings Presentation
12 slides from Max India's earnings presentation, Aug 8, 2019
Slide 1: Max India Limited Investor Release, Quarter ended June 30, 2019
Max India Limited Investor Release Quarter ended June 30, 2019 Disclaimer This release is a compilation of financial and other information all of which has not been subjected to audit and is not a statutory release. This may also contain statements that are forward looking. These statements are base
Slide 2: Max India – Key Highlights (Q1FY20)
Max India – Key Highlights (Q1FY20) 1 Max Healthcare to merge with Radiant: Radiant has acquired 49.7% stake in MHC from Life Healthcare. SEBI approval expected by mid-Aug’19. NCLT filing immediately after 2 Max Bupa divestment: Shareholder’s approval received in May’19. IRDA approval being progress
Slide 3: MHC Network (Financial Snapshot – Q1FY20)
MHC Network* (Financial Snapshot – Q1FY20) • Net revenue for Q1FY20 grows 12% to Rs. 719 Cr. • East Delhi complex net revenue for Q1FY20 grows 18% to Rs. 196 Cr. • Alternate business revenue for Q1FY20 at Rs 28 Cr, grows 57% • Liver Transplant, Neuro and Renal specialities outpace overall growth, gr
Slide 4: MHC has delivered a sharp improvement in EBITDA and Margins
MHC has a delivered a sharp improvement in EBITDA and Margins that were temporarily hit by voluntary recalibration of business over 6 months Sharp recovery in EBITDA margins from Q1FY19, achieved 2 yrs high EBITDA margin of 12% in Q4FY19 and baseline set at 10.4% in Q1FY20 100 14% 11.9% 80 85 10.4%
Slide 5: MHC Network – Performance Dashboard (Q1FY20)
MHC Network* – Performance Dashboard (Q1FY20) Rs Cr Quarter Ended Y-o-Y Key Business Drivers Jun-19 Jun-18 Growth a) Financial Performance Revenue (Gross) 778 694 12% Revenue (Net) 719 641 12% Direct Costs Material Cost 181 167 8% Clincian Payout 120 112 7% Contribution 419 362 16% Contribution Marg
Slide 6: MHC Network – Performance Dashboard (Q1FY20)
MHC Network* – Performance Dashboard (Q1FY20) Quarter Ended Y-o-Y Key Business Drivers Jun-19 Jun-18 Growth a) Patient Transactions (Nos. in lacs) Inpatient Procedures 0.57 0.47 21% Day care Procedures 0.13 0.11 17% Outpatient Registrations 18.63 17.20 8% Total 19.33 17.78 9% b) Average Inpatient Op
Slide 7: MHC Network Hospitals (Saket & East Delhi Complex) – Performance Dashboard
MHC Network Hospitals (Saket* & East Delhi^ Complex) – Performance Dashboard (Q1FY20) Rs Cr Unit Quarter Ended Y-o-Y Key Business Drivers Jun-19 Jun-18 Growth Saket Complex a) Financial Performance Revenue(Net) Rs. Cr 262 242 8% EBITDA Rs. Cr 29 20 43% EBITDA Margin % 11.1% 8.4% 269 bps b) Average I
Slide 8: Max Bupa (Financial Snapshot – Q1FY20)
Max Bupa (Financial Snapshot – Q1FY20) • Gross Written Premium (GWP) for Q1FY20 grows 35% to Rs. 250 Cr, driven by 77% growth in new sales and 15% growth in renewals. • Bancassurance continues to gain traction as Banca & Alliances grows 100% in Q1, contribution to GWP increases to 28% in Q1FY20 vis-
Slide 9: Max Bupa – Performance Dashboard (Q1FY20)
Max Bupa – Performance Dashboard (Q1FY20) Quarter Ended Y-o-Y Key Business Drivers Jun-19 Jun-18 Growth a) Gross written premium income First year premium 107 61 77% Renewal premium 143 125 15% Total 250 186 35% b) Net Earned Premium 204 162 26% c) Cash Profit /(Loss) ^ (71) (8) < -100% d) Pre tax P
Slide 10: Antara all set to pursue next phase of growth in Noida and New Chandigarh
Antara all set to pursue next phase of growth in Noida and New Chandigarh via an investment light model … Antara - Dehradun Antara - Noida ▪ 112apartments sold; total inventory 192 units Progress since last Board Meeting… ▪ 73 residents have moved in the Community Antara - New Chandigarh ▪ Definitiv
Slide 11: Disclaimer
Disclaimer This presentation has been prepared by Max India Limited (the “Company”). No representation or warranty, express or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in the presentation. The past performan
Slide 12: MAX INDIA LTD.
MAX INDIA LTD. Max House, Okhla, New Delhi – 110 020 Phone: +91 11 26933601-10 Fax: +91 11 26933619 Website: www.maxindia.com