Artemis Medicare Services Ltd. · NSE:ARTEMISMED
Artemis Medicare Services — Q3 FY2024 Earnings Presentation
23 slides from Artemis Medicare Services's earnings presentation, Feb 22, 2024
Slide 1: Cover letter: Revised Earnings Presentation Q3 and 9M FY24
Date: February 22, 2024 The Secretary, The Secretary, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 NSE Code: ARTEMISMED Scrip Code: 542919 Sub: Revised Earnings Presen
Slide 2: Earnings Presentation Q3 and 9M FY2024
Care for Customer Respect for Associates Excellence through Teamwork (BSE: 542919; NSE: ARTEMISMED) Always Learning Earnings Presentation Trust Mutually Q3 and 9M FY2024 Ethical Practices
Slide 3: Artemis Hospitals: At a Glance
Artemis Hospitals : At a Glance Established in July 2007 by promoters of Apollo Tyres (68% ownership), Artemis Hospital is one of the leading healthcare service providers in Delhi NCR • 713 beds across Artemis Hospital Gurgaon and other hospitals 500+ 40+ • High quality of service supported by state
Slide 4: Financial Highlights – Q3 FY24
Financial Highlights – Q3 FY24 Q3 FY24 Dr. Devlina Chakravarty, Managing Director Net Revenue EBITDA Net Profits Rs. 2,188 mn Rs. 344 mn Rs. 116 mn “We are pleased to announce the financial performance of Q3 FY24; one of the +16.7% YoY +28.3%YoY 12.5% YoY best-ever quarterly results despite it being
Slide 5: Accreditations and Centres of Excellence
Accreditations and Centres of Excellence 12 Centres of Excellence Artemis Artemis Heart Artemis Emergency & Centre Cancer Centre Trauma Centre Artemis Joint Artemis Artemis Pulmonology Replacement & Neurosciences & Critical Care Orthopaedics Centres Centre Centre Artemis Artemis Organ Artemis Minima
Slide 6: Facility Locations
Facility Locations 1 Artemis Hospital, Gurgaon 2 Artemis Lite, New Friends Colony, New Delhi 12 3 Artemis Lite, Gurgaon 13 4 Daffodils by Artemis, Gurgaon 9 2 6 1 4 5 Daffodils by Artemis, Jaipur 3 10 6 Daffodils by Artemis, South Delhi 14 5 7 7 Cardiac Centre, Patna 8 Cardiac Centre, Ranchi 8 9 Car
Slide 7: High End Quaternary Care Facilities
High End Quaternary Care Facilities Warm Ambience Pre and Post Op Care 6
Slide 8: Strategic Growth Vision
Strategic Growth Vision Artemis Hospital, Artemis Cardiac Care Overseas Operations and Artemis Lite and Daffodils Gurgaon Centres Management The quick occupancy Focus on adding more asset- Expecting to add 3 to 5 Commenced our first ramp-up of our second light hospitals to strengthen cardiac
Slide 9: Artemis Hospital Gurgaon
Artemis Hospital Gurgaon Artemis Hospital Overview • First hospital in Gurgaon to get accredited by the Joint Commission International (JCI) (in 2013) • First Hospital in Haryana to get National Accreditation Board of Hospital (NABH) within 3 years of start up • A 541-bed tertiary care super special
Slide 10: Artemis Hospital Gurgaon: Gross Revenue, EBITDA and Margins
Artemis Hospital Gurgaon Annual Performance Trend Quarterly Performance Trend (Rs. Million) 7,278 2,195 6,337 5,573 2,112 5,380 Gross Revenue 4,186 1,845 FY21 FY22 FY23 9M FY23 9M FY24 Q3 FY23 Q2 FY24 Q3 FY24 372 365 1,036 1,049 EBITDA and Margins 277 753 665 17.9% 18.1% 15.9% 420 17.4% 12.6% 15.0%
Slide 11: Artemis Hospital Gurgaon: Q3 FY24 Revenue by Speciality and Payer Mix
Artemis Hospital Gurgaon Q3 FY24 Revenue Segmentation by Speciality Q3 FY24 Payer Mix 15% 2% 19% 20% 2% 3% 30% 3% 4% 18% 20% 4% 5% 30% 14% 10% Oncology Neuro Orthopaedics International Patients Insured Patients Cardiology Internal Medicine General surgery Domestic Cash Patients Govt. Schemes Nephrol
Slide 12: Artemis Hospital Gurgaon: 9M FY24 Revenue by Speciality and Payer Mix
Artemis Hospital Gurgaon 9M FY24 Revenue Segmentation by Speciality 9M FY24 Payer Mix 15% 20% 20% 2% 29% 3% 3% 3% 17% 20% 4% 4% 5% 15% 31% 9% Oncology Neuro Orthopaedics International Patients Insured Patients Cardiology Internal Medicine General surgery Domestic Cash Patients Govt. Schemes Nephrolo
Slide 13: Daffodils by Artemis and Artemis Lite
Daffodils by Artemis and Artemis Lite Overview of Daffodils by Artemis Overview of Artemis Lite • 100+ beds across 3 centres in North India • Friendly neighbourhood multi speciality hospitals (70+ beds) • Luxury speciality healthcare services for mother and childcare • Speciality clinics, short stay
Slide 14: Artemis Cardiac Care
Cardiac Centre Artemis Cardiac Care “ACC” is a Joint Venture between Artemis Hospitals and Philips Medical Systems Netherlands BV • Operates comprehensive cardiology centres at tier 2 and 3 cities to provide affordable quality care • The vision is to build a chain of 25+ such centres in next 3-4 yea
Slide 15: Management Team
Management Team Onkar S Kanwar Dr. Devlina Chakravarty Sanjiv Kumar Kothari Chairman Managing Director Chief Financial Officer • A visionary entrepreneur, plays a pivotal role • Started her career in 1993 as a radiologist • Qualified Chartered Accountant with 28 years in the company's operations and
Slide 16: Board of Directors
Board of Directors Mr. Onkar Kanwar Dr. Devlina Chakravarty Chairman and Non-Executive Director Managing Director • Former President of FICCI & ICC India, a former • Completed her fellowships/ preceptorship programmes Director with the India's ECGC and KSIC, and former from University of Berlin, UCL
Slide 17: Q3 FY24 Operational Performance - Artemis Gurgaon
Q3 FY24 Operational Performance - Artemis Gurgaon Average Census Beds (Nos.) Occupancy Rate ARPOB (Rs.) 76,400 77,900 456 70.0% 447 68.3% 64.6% 67,800 433 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 Patient Volumes (Nos.) Surgeries Performed (Nos.) ALOS (Days) 99,843 3,67
Slide 18: 9M FY24 Operational Performance - Artemis Gurgaon
9M FY24 Operational Performance - Artemis Gurgaon Average Census Beds (Nos.) Occupancy Rate ARPOB (Rs.) 69.4% 69.7% 69.4% 76,800 427 445 67.5% 424 67,100 66,500 61,800 63,200 349 58.4% 318 FY21 FY22 FY23 9M FY23 9M FY24 FY21 FY22 FY23 9M FY23 9M FY24 FY21 FY22 FY23 9M FY23 9M FY24 Patient Volumes (N
Slide 19: Financials
Financials ARTEMIS 18
Slide 20: Historical Performance (Consolidated)
Historical Performance (Consolidated) Annual Performance Trend Quarterly Performance Trend (Rs. Million) 2,376 2,287 7,770 1,979 6,865 Gross Revenue 5,838 5,702 4,321 FY21 FY22 FY23 9M FY23 9M FY24 Q3 FY23 Q2 FY24 Q3 FY24 1,013 1,002 366 EBITDA and Margins 344 714 732 268 14.3% 16.3% 15.7% 387 15.3%
Slide 21: Q3 and 9M FY24 Financial Performance (Consolidated)
Q3 and 9M FY24 Financial Performance (Consolidated) (Rs. Million) Q3 FY24 Q3 FY23 YoY% Q2 FY24 QoQ% 9M FY24 9M FY23 YoY% Gross Revenue 2,287 1,979 15.5% 2,376 (3.7)% 6,865 5,702 20.4% Net Revenue from Operations 2,188 1,875 16.7% 2,250 (2.8)% 6,533 5,421 20.5% Other Income 18 12 43.9% 24 (26.3)% 55
Slide 22: Q3 and 9M FY24 Financial Performance (Standalone)
Q3 and 9M FY24 Financial Performance (Standalone) (Rs. Million) Q3 FY24 Q3 FY23 YoY% Q2 FY24 QoQ% 9M FY24 9M FY23 YoY% Gross Revenue 2,197 1,919 14.5% 2,290 (4.1)% 6,603 5,553 18.9% Net Revenue from Operations 2,103 1,814 15.9% 2,169 (3.1)% 6,284 5,273 19.2% Other Income 17 12 42.4% 25 (31.0)% 54 49
Slide 23: Disclosure
Disclosure This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Artemis Medicare Services future business developments and economic perfo
Artemis Medicare Services — Q3 FY2024 Earnings Presentation on 6ix