Jupiter Life Line Hospitals Ltd. · NSE:JLHL
Jupiter Life Line Hospitals — Q2 FY24 Earnings Presentation
37 slides from Jupiter Life Line Hospitals's earnings presentation, Nov 10, 2023
Slide 1: Exchange filing cover letter for investor presentation
10th November, 2023 To, To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, BKC P.J. Towers, Bandra-Kurla Complex, 25th Floor, Dalal Street, Fort Bandra (East), Mumbai-400 051 Mumbai 400 001 Symbol: JLHL Code: 543980 Subject: Investor Presentation for the quarter and half year ende
Slide 2: Investor Presentation November 2023
I N V E S T O R P R E S E N T A T I O N NOVEMBER 2023
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jupiter Life Line Hospitals Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Q2 & H1 FY24 Performance
Q2 & H1 FY24 Performance
Slide 5: Key Highlights
Key Highlights Completed empanelment with Contract renegotiation with Repaid the entire debt as per insurance companies for insurance companies has been the object of the issue, hence Indore Hospital, which should completed at Pune Hospital, which debt-free boost the occupancy going will result in A
Slide 6: Management Commentary
Management Commentary Dr. Ankit Thakker ED & CEO “We are pleased with our performance for H1FY24, delivering 20% YoY growth in revenues. Our Indore hospital has achieved an EBITDA break even and we are confident of Indore being a significant contributor to our profitability from hereon. As indicated
Slide 7: H1 FY24 Performance Highlights
H1 FY24 Performance Highlights Rs in Crs Total Income EBITDA PBT PAT* +20% +8% +7% +52% 508.4 116.1 75.1 87.7 107.0 70.2 424.4 57.5 404.0 334.6 81.6 97.6 8.2 6.9 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 IPD OPD Others *PAT for H1FY24 also includes the creation of a deferred tax asset
Slide 8: Q2 FY24 Performance Highlights
Q2 FY24 Performance Highlights Rs in Crs Total Income EBITDA PBT PAT +18% +9% +8% +24% 264.2 62.0 41.4 54.0 244.2 57.0 38.2 223.1 54.0 33.8 33.7 210.6 193.4 27.1 175.8 42.5 47.3 50.2 4.7 3.5 3.4 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 Q2FY23 Q1FY24 Q2FY24 IPD OPD Others *PAT f
Slide 9: H1FY24 Operating Metrics
H1FY24 Operating Metrics Operational Bed Capacity(1) Average Occupancy Rate(2) IPD & OPD Volumes (‘000)(3) Census Beds Non - Census Beds 961 62.3% 435.7 900 58.6% 374.7 24.3 IPD 20.5 752 829 OPD 354.2 411.4 148 132 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 ARPOB (in Rs)(4) ALOS (in Days)(5) Payor Mi
Slide 10: Operations at Distinct Geographies
Operations at 3 Distinct Geographies Thane (2007) Pune (2017) Indore (2020) Operating Beds(1) 377 353 231 Avg. Occupancy(2) 61.0% 71.7% 49.0% ARPOB (3) (in Rs) 59,527 52,098 39,487 As on 30th September’23 1) Operational beds includes census beds (bed available for mid-night occupancy such as intensi
Slide 11: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit and Loss (in Rs. Crs) Q2FY24 Q2FY23 YoY Q1FY24 QoQ H1FY24 H1FY23 YoY Revenue from Operations 260.8 218.3 19.5% 240.7 8.3% 501.5 416.2 20.5% Other Income - Operational 3.4 4.7 3.5 6.9 8.2 Total Income 264.2 223.1 18.4% 244.2 8.2% 508.4 424.4 19.8% Cost of G
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Equity & Liabilities (in Rs. Crs) Sep-23 Mar-23 Assets (in Rs. Crs) Sep-23 Mar-23 Total Equity 1,080.6 363.9 Non - Current Assets 779.8 776.3 Share Capital 65.6 56.5 Property Plant & Equipments 715.0 719.0 Other Equity 1,015.5 309.2 CWIP 39.0 29.1 Minority Interest -0.4 -1
Slide 13: Consolidated Cash Flow
Consolidated Cash Flow Particulars (Rs. Crs) Sep-23 Sep-22 Net Profit Before Tax 75.1 82.8 Adjustments for: Non -Cash Items / Other Investment or Financial Items 43.8 23.9 Operating profit before working capital changes 119.0 106.8 Changes in working capital -47.3 -32.0 Cash generated from Operation
Slide 14: Business Overview
Business Overview
Slide 15: Jupiter at a Glance
Jupiter at a Glance Healthcare Provider Focused on Western India Existing Facilities Upcoming Facility Operating Hospitals Bed Capacity 3 961 Indore Dombivli Occupancy Rate ALOS (in Days) Thane 62.3% 3.89 Pune ARPOB (in Rs) Dombivli Green Field Facility Construction Started in April’23 with a total
Slide 16: Major Events
Major Events 2007 2020 2023 o Established and commenced o Announced Greenfield operations of Pune Hospital expansion Hospital in Dombivli o Established and o Acquired Indore o Listed on BSE & NSE commenced Hospital operations of our first hospital at Thane, Maharashtra 2017 2022 15
Slide 17: Experienced Board of Directors
Experience Board of Directors Dr. Ajay Thakker Chairman and MD Dr. Ankit Thakker ED and CEO ✓ Founder of the Company ✓ 14 years of experience in the healthcare sector ✓ Over 3 decades of experience in the field of medicine and ✓ Responsible for the overall management of the Company healthcare Dr. Bh
Slide 18: Key Management Team
Key Management Team Harshad Purani Dr. Shilpa Tatake Anand Apte Dr. Rajendra Patankar Neelesh Shinde CFO & President – Corporate Chief Chief Business & Chief Executive Officer - Group Chief Technical Administration & Head Operating Officer Strategy Officer Pune Hospital Officer Of CSR Pradip Acharya
Slide 19: Key Tertiary and Quaternary Healthcare Provider
Key Tertiary and Quaternary Healthcare Provider Strong Brand Recognition and Clinical Expertise ✓ One of few in the country to house a dedicated robotic and Focus on Densely Operate independently on computer-assisted neuro rehabilitation centre Populated Micro markets owned land for operational in W
Slide 20: All-Hub-No-Spoke Model With Focus On Quality Patient Care
All-Hub-No-Spoke’ Model With Focus On Quality Patient Care Well-equipped with Advanced Infrastructure & Some of the key branches Skilled Healthcare Professionals In-house 24x7 1:1 nursing station in ICU 1,000 sq. ft. per bed ratio Cardiology engineering team Oncology Orthopaedics Robotic Knee Replac
Slide 21: Hospitals Built with Modern Infrastructure
Hospitals Built with Modern Infrastructure Patient & Companion Centric Atmosphere Twin sharing rooms partitioned from top to Over 1,000 sq. ft. per bed Large windows for daylight bottom Wide Staircases providing ample space to Step-out gardens and use of space & natural 1:1 Nursing station for each
Slide 22: Provides Advanced and Sophisticated Technology
Provides Advanced and Sophisticated Technology 01 02 03 Advanced Medical Diagnostics Critical Care and Operation Theatres Technology ✓ Each hospital is equipped with both ✓ Hospital has comprehensive and high- ✓ Hospitals are equipped with modern positive pressure and negative pressure tech rehabili
Slide 23: Industry Overview
Industry Overview
Slide 24: Hospital Industry Overview
Hospital Industry Overview Indian Healthcare Hospital Share in Government and Private Delivery Market (Rs Trn) Healthcare Industry Hospital Share (In Terms of Value) IPD OPD Private Hospitals Government Hospitals Hospitals Domestic Pharmacutical 8.6 Diagnostic Centers Medical Devices +11.5% 9% 28% 6
Slide 25: Western Regions of India to Witness Strong Growth
Western Regions of India to Witness Strong Growth India Lags Behind in Healthcare Infra Indian Western Healthcare Delivery Market Per 10K Population Indian Western Healthcare Delivery Market Size (INR Trillion)) World Median India CAGR 14– 16% 2.15 - 2.25 40 29 CAGR 9 – 10% 1.05- 1.15 15 16 17 0.7 –
Slide 26: Multiple Industry Tailwinds Propelling Healthcare Delivery
Multiple Industry Tailwinds Propelling Healthcare Delivery Government policies to Increased instances of improve healthcare lifestyle-related illness & non- coverage communicable diseases Expansion of health Increased life expectancy and Sectoral changing demographic profile insurance coverage Tailw
Slide 27: Growth Drivers
Growth Drivers
Slide 28: Multispecialty Hospital Focused on Western India Healthcare
Multispecialty Hospital Focused on Western India Healthcare.. Regional Multi Specialty Ability to attract and retain All Hub & No Spoke Model Hospital experienced professionals Tertiary & quaternary care model with Comprehensive offerings through Maintains a quality standard by presence in Mumbai Me
Slide 29: With Continued Focus on ESG
..With Continued Focus on ESG Environmental Social Governance ✓ Served numerous patients suffering from cancer, birth ✓ Pune hospital has been designed in collaboration ✓ Board comprises of 4 independent directors and defects, cardiac problems and end-stage organ failures with the Government of Swit
Slide 30: Growth Strategy
Growth Strategy Strategically Expand Footprint In Western Markets Pursue Strategic Growth Opportunities In Focus Micro- markets Continue To Improve Quality Of ✓ Expand the hospital network into Care and Invest & Employ Latest western India's focus micro- Technology ✓ The company may pursue markets,
Slide 31: Strong Historical Financial Performance
Strong Historical Financial Performance
Slide 32: Robust Operating Metrics
Robust Operating Metrics Operational Bed Capacity(1) Average Occupancy Rate(2) OPD & IPD Volumes (‘000)(4) Census Beds Non - Census Beds 950 62.6% 773.9 869 54.0% 645.5 43.0 744 45.3% 34.7 447.6 757 802 IPD 24.6 666 731.0 610.8 OPD 423.0 78 112 148 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 ARPOB(
Slide 33: Historical Profit and Loss Statement
Historical Profit and Loss Statement Profit and Loss (in Rs. Crs) FY23 FY22 FY21 FY20 Revenue from Operations 892.5 733.1 486.2 462.9 Other Income - Operational 2.4 1.1 0.4 1.0 Total Income 894.9 734.2 486.5 463.9 Cost of Goods Sold 157.2 142.2 98.4 79.9 Gross Profit 737.7 592.0 388.1 384.1 Gross Pr
Slide 34: Historical Balance Sheet
Historical Balance Sheet Equity & Liabilities (in Rs. Crs) Mar-23 Mar-22 Mar-21 Mar-20 Assets (in Rs. Crs) Mar’-23 Mar-22 Mar-21 Mar-20 Total Equity 363.9 288.4 246.4 236.7 Non - Current Assets 776.3 728.3 676.1 469.4 Share Capital 56.5 50.9 50.9 50.9 Property Plant & Equipments 719.0 683.1 629.4 43
Slide 35: Historical Cash Flow Statement
Historical Cash Flow Statement Particulars (Rs. Crs) Mar-23 Mar-22 Mar-21 Mar-20 Net Profit Before Tax 128.7 77.1 1.6 32.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 74.9 77.1 68.5 65.8 Operating profit before working capital changes 203.6 154.2 70.1 98.7 Changes in worki
Slide 36: Abbreviations
Abbreviations Term Description ALOS Average Length of Stay in Hospitals ARPOB Average Revenue Per Occupied Bed CDSO Central Drugs Standard Control Organisation CGHS Central Government Health Scheme CHE Current Healthcare Expenditure DPCO Drugs (Prices Control) Order, 2013 DPCO, 2022 Drugs (Prices Co
Slide 37: Patient First – Contact
PATIENT FIRST Jupiter Life Line Hospitals Limited Strategic Growth Advisors Pvt. Ltd. CIN: U85100MH2002PLC137908 CIN: U74140MH2010PTC204285 Rahul Agarwal / Mandar Chavan investor.relations@jupiterhospital.com rahul.agarwal@sgapl.net / mandar.chavan@sgapl.net +91 98214 38864 / +91 96993 82195
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