Apollo Hospitals Enterprise Limited · NSE:APOLLOHOSP
Apollo Hospitals Enterprise — Q3 FY2018 Earnings Presentation
27 slides from Apollo Hospitals Enterprise's earnings presentation, Feb 14, 2018
Slide 1: Q3 FY 2018 Earnings Update
Q3 FY 2018 Earnings Update 2/14/2018 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 UPDATE ON STANDALONE CONSOLIDATED OPERATIONAL PERFORMANCE UPDATE ON AHLL, HIGHLIGHTS FINANCIAL FINANCIAL PERFORMANCE – STANDALONE PROJECTS GLENEAGLES PERFORMANCE PERFORMANCE – HOSPITALS PHARMACY KOLKATA & MUNICH 3 2/14/2018 www.apollohospitals.com 3
Slide 4: Highlights
HIGHLIGHTS 4 2/14/2018 www.apollohospitals.com 4
Slide 5: Highlights of Q3 FY Financial Performance
Highlights 1 of 2 Q3 FY 18 Consolidated Revenues of ` 21,393 mio (up 12.3% yoy) Q3 FY 18 Consolidated EBITDA of ` 2,172 mio (up 16.8% yoy) Financial New Hospitals (excluding Navi Mumbai) reported an EBITDA of ` 209 mio in Q3 FY 18. Navi Mumbai reported EBITDA loss of Performance ` 105 mio in Q
Slide 6: Highlights: Capacity and Medical Initiatives
Highlights 2 of 2 71 hospitals with total bed capacity of 9,948 beds as on Dec 31, 2017 43 owned hospitals including JVs/ Subsidiaries and Associates with 8,333 beds 11 Day care/ short surgical stay centres with 233 beds and 11 Cradles with 298 beds Capacity 6 Managed hospitals with 1,084 be
Slide 7: Standalone Financial Performance
STANDALONE FINANCIAL PERFORMANCE 7 2/14/2018 www.apollohospitals.com 7
Slide 8: Standalone Financial Performance – Total
Standalone Financial Performance – Total (` mio) 1 of 3 Q3 FY 17 Q3 FY 18 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) Key Highlights Revenue 16,806 18,961 12.8% 47,801 54,322 13.6% Operative Expenses 8,892 9,905 11.4% 24,941 28,216 13.1% Q3 FY 18 Revenues of ` 18,961 mio, Employee Expenses 2,471 2,837 14.
Slide 9: Standalone Financial Performance – Existing & New Breakup
Standalone Financial Performance – Existing & New Breakup (` mio) 2 of 3 Healthcare Healthcare Services New Services SAP Standalone Key Highlights (Existing) Hospitals (Total) Hospitals 21 11 32 Operating beds 3,304 1,372 4,676 Health Care Services revenue growth at Occupancy 67% 53% 63% 11.4% from
Slide 10: Standalone Financial Performance – Segment Reporting
Standalone Financial Performance – Segment Reporting (` mio) 3 of 3 YTD YTD Q3 FY 17 Q3 FY 18 yoy (%) yoy (%) Dec 16 Dec 17 Key Highlights Revenues from each segment Healthcare Services* 8,919 10,081 13.0% 26,493 29,522 11.4% Q3 FY 18 Healthcare services Stand-alone Pharmacy 7,888 8,882 12.6% 21,312
Slide 11: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE 11 2/14/2018 www.apollohospitals.com 11
Slide 12: Consolidated Financial Performance - Total
Consolidated Financial Performance - Total (Unaudited Management estimates) (` mio) 1 of 2 Q3 FY 17 Q3 FY 18 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) Key Highlights Total Revenues 19,057 21,393 12.3% 54,171 61,352 13.3% Revenue growth of 12.3% from EBITDA 1,860 2,172 16.8% 5,807 6,069 4.5% ` 19,057 mio
Slide 13: Consolidated Financial Performance – Existing & New Breakup – Total
Consolidated Financial Performance – Existing & New Breakup – Total (` mio) 2 of 2 Healthcare Healthcare Serv Healthcare Serv Group Serv Key Highlights Group (New & Group AHLL (Existing) Others) (Total) SAP (incl Cradle) Consol Hospitals 30 13 43 Excluding Navi Mumbai loss of ` 330 Operating beds 5,
Slide 14: Operational Performance Hospitals
OPERATIONAL PERFORMANCE HOSPITALS 14 2/14/2018 www.apollohospitals.com 14
Slide 15: Operational Performance – Hospitals (1/2)
Operational Performance – Hospitals (1/2) (` mio) Tamilnadu Region (1) AP, Telengana Region (2) Total (8) (Chennai & others) (Hyderabad & others) Particulars YTD Dec 16 YTD Dec 17 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) No. of Operating beds 6,899 7,111 2,121 2,108 1,333
Slide 16: Operational Performance – Hospitals (2/2)
Operational Performance – Hospitals (2/2) (` mio) Karnataka Region (3) Others (4) Significant Subs/JVs/Associates(5) (Bangalore & others) Particulars YTD Dec 16 YTD Dec 17 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) No. of Operating beds 709 717 731 872 2,005 2,050 Inpatient
Slide 17: Operational Performance Standalone Pharmacy
OPERATIONAL PERFORMANCE STANDALONE PHARMACY 17 2/14/2018 www.apollohospitals.com 17
Slide 18: Operational Performance – Standalone Pharmacy
Operational Performance – Standalone Pharmacy (` mio) Batch Particulars Q3 FY 17 Q3 FY 18 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) No of Stores 767 765 767 765 Key Highlights Upto Revenue/store 4.25 4.19 -1.4% 11.83 12.17 2.9% YTD Dec 17 Revenues at ` 24,805 mio, FY 10 Batch EBITDA /store 0.30 0.29 -1.
Slide 19: Update on Projects
UPDATE ON PROJECTS 19 2/14/2018 www.apollohospitals.com 19
Slide 20: Key Hospital Expansion Plan & Update on Execution
Key Hospital Expansion Plan & Update on Execution (` mio) Key Highlights Total Estimated Project Cost 2,430 beds in 13 locations commissioned Location CoD* Type of Hospital No. Of Beds (INR mio) in the last 36 months – Vanagaram 260, Jayanagar 140, Trichy 200, Nashik 120, Addition in FY 19 Women and
Slide 21: Update on Apollo Health & Lifestyle, Gleneagles Kolkata & Apollo Munich
UPDATE ON APOLLO HEALTH & LIFESTYLE, GLENEAGLES KOLKATA & APOLLO MUNICH 21 2/14/2018 www.apollohospitals.com 21
Slide 22: Update on AHLL
Update on AHLL (` mio) Clinics Diagnostics Sugar Dental Dialysis Cradles (IP) Spectra (IP) Network 72 264 30 74 8 12 12 Key Highlights Footfalls/Day* 1931 1974 471 135 124 33 49 Gross ARPP (Rs.)* 1500 484 2060 8503 2056 72134 76069 Gross Revenue growth of 18%, primarily driven by 24% growth in Diagn
Slide 23: Update on Gleneagles Kolkata & Apollo Munich
Update on Gleneagles Kolkata & Apollo Munich (` mio) Apollo Gleneagles Kolkata Key Highlights Particulars Q3 FY 17 Q3 FY 18 yoy (%) YTD Dec 16 YTD Dec 17 yoy (%) Revenue 1,156 974 -15.8% 3,416 2,668 -21.9% Apollo Gleneagles Kolkata reported Revenue of EBITDA 232 81 -65.0% 696 95 -86.3% ` 2,668 mio i
Slide 24: Appendix
24 2/14/2018 www.apollohospitals.com 24
Slide 25: Appendix: Basis of Consolidation
Appendix: Basis of Consolidation AHEL AHEL AHEL Standalone Location Description Subsidiaries Location Description Ownership Ownership Samudra Healthcare Enterprises Ltd. Kakinada Hospital 100.00% Chennai Main Chennai Hospital Apollo Hospitals (UK) Ltd UK Hospital 100.00% ASH - Chennai Chennai Hospit
Slide 26: 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 27: Thank You
THANK YOU 27 2/14/2018 www.apollohospitals.com 27
Apollo Hospitals Enterprise — Q3 FY2018 Earnings Presentation on 6ix