Aster Dm Healthcare Ltd. · NSE:ASTERDM
Aster Dm Healthcare — Q1 FY2025 Earnings Presentation
35 slides from Aster Dm Healthcare's earnings presentation, Jul 31, 2024
Slide 1: Exchange filing cover letter for investor presentation
July 31, 2024 The Secretary The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd 1st Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai 400001 Bandra Kurla Complex Scrip Code: 540975 Bandra (East), Mumbai 400051 Sc
Slide 2: Earnings Presentation for the quarter ending June 30, 2024
Earnings Presentation For the quarter ending June 30, 2024
Slide 3: Disclaimer
Disclaimer • This presentation has been prepared by Aster DM Healthcare Limited (the "Company"), content of which was compiled from sources believed to be reliable for informational purposes only and are based on information regarding the Company and the economic, regulatory, market and other condit
Slide 4: Q1 FY 2025 Performance Summary - Aster India
Q1 FY 2025 Performance Summary- Aster India 3 Revenue Operating EBITDA1 PBT PAT2 RoCE (Pre-Tax) Financial (Post-NCI) Q1FY25 : INR 1,002 cr Q1FY25 : INR 177 cr Q1FY25 : INR 123 cr Q1FY25 : INR 74 cr Q1FY25 : 16.5% 20% 39% 125% 80% 200 bps Q1FY24 : INR 838 cr Q1FY24 : INR 128 cr Q1FY24 : INR 54 cr Q1F
Slide 5: Q1 FY 2025 Performance Summary – Aster India
Q1 FY 2025 Performance Summary – Aster India ▪ Core hospital business delivered Operating EBITDA margin of 21% in Q1 FY25 ▪ Matured hospital Op. EBITDA margins at 23.2% in Q1 FY25 (18.4% in Q1 FY24) and ROCE at 30.0% in Q1 FY25 (27.1% in Q1 FY24) ▪ Karnataka & Maharashtra cluster revenue grew by 38%
Slide 6: Company Overview
Company Overview
Slide 7: Aster India at a Glance
Aster India at a Glance Our Presence/Strength1 15 cities and 192 4,869 5 states Hospitals capacity beds 13 243 217 Clinics Labs and PECs Pharmacies3 Operational metrics (Q1 FY25) Karnataka & Maharashtra 67% 3.2 days INR 44,200+ Karnataka Hospital: 4, Beds: 1192 Occupancy ALOS ARPOB Maharashtra Hospi
Slide 8: Our Vision and Core Values
Our Vision and Core Values Excellence Respect “Surpassing current benchmarks constantly by continually “Treating people with utmost dignity, valuing challenging its ability and skills their culture contributions and fostering a Our Promise to take the organisation to culture that allows each individ
Slide 9: Aster India Revenue and Profitability Snapshot – Q1 FY25
8 Aster India Revenue and Profitability Snapshot – Q1 FY25 Revenue from Operations1 Operating EBITDA and Margin1,2 EBITDA and Margin1 PAT and Margin3 (Post Ind As) (Post NCI) 1002 177 164 74 838 128 123 41 15.3% 17.7% 14.7% 16.3% 4.9% 7.4% Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Note
Slide 10: Aster India Hospital and other New Business Performance – Q1 FY25
Aster India Hospital and other New Business Performance – Q1 FY25 % of Revenue Revenue Operating EBITDA(5) Hospitals and Clinics INR 968 Cr INR 201 Cr 94% 21% 21% Core established business YoY Revenue Growth Margins 19 hospitals(1) 13 clinics 4,869 capacity beds Labs and Pharmacies INR 62 Cr INR (1)
Slide 11: Core Business Performance- Hospitals and Clinics
Core Business Performance- Hospitals and Clinics
Slide 12: Aster India - Hospital Financial Trends
Aster India - Hospital Financial Trends Hospital Operating EBITDA 1 Hospital Revenue Hospital EBITDA and Margin and Margin (In INR Cr) (In INR Cr) 18% 21% 11% 13% 12% 17% 19% 20% Margin 3,519 968 688 2,851 797 201 538 2,343 146 407 1,631 1,647 1,307 212 201 143 Q1FY24 Q1FY25 FY19 FY20 FY21 FY22 FY23
Slide 13: Aster India – Hospital Operational Trends
Aster India – Hospital Operational Trends No. of Hospitals No. of capacity beds Total patient volumes (In Mn) 4,867 3.3 4,869 0.8 19 19 4,423 4,317 2.9 18 17 0.7 3,757 3,905 3,693 3,460 14 14 2.2 2.2 13 12 1.8 1.5 Q1FY24 Q1FY25 FY19 FY20 FY21 FY22 FY23 FY24 Q1FY24 Q1FY25 FY19 FY20 FY21 FY22 FY23 FY2
Slide 14: Aster India - Hospitals & Clinics Revenue Mix
Aster India - Hospitals & Clinics Revenue Mix Geographical Revenue Mix1 (Q1 FY25) Specialty-wise Revenue Mix (Q1 FY25) Andhra & Telangana 11% Multi Speciality, 17% Cardiac Sciences , 14% Kerala 55% OP Pharmacy, Anaestheolgy, 13% Neuro Sciences, 11% Karnataka & Maharashtra 34% Child and Adolscent Hea
Slide 15: Aster India - Maturity Wise Hospital Performance – Q1 FY25
14 Aster India - Maturity Wise Hospital Performance – Q1 FY25 Key Performance indicators Operational Revenue3,5 Operating Maturity Hospitals Beds Operating (INR in Crs.) ARPOBD Occupancy EBITDA3,5,7 ROCE8 (Census)6 EBITDA % (INR Crs.) Over 6 73% 71% 10 ₹698 2,545 ₹ 45,800 66% ₹162 23.2% 30% Years 3-
Slide 16: Aster India Hospitals: Pipeline Projects
15 Aster India Hospitals: Pipeline Projects Addition of ~1700 beds, bringing the total bed capacity to 6,500+ by FY27 FY27 : 904 beds FY26 : 339 beds FY25 : 434 beds Aster Aster Aster Aster Aster Aster Aster Aster Aster Q1 Whitefield Ramesh MIMS MIMS Medcity* MIMS CMI** Medcity** Capital FY27 FY25 B
Slide 17: Our Strategy
Our Strategy Capital Investment Substantial brownfield and greenfield investments in pipeline to drive occupancy rates across clusters Cost Improvement Initiatives To help improve EBITDA Margins Improving Specialty Mix Focusing more on niche specialties to drive better ARPOB Optimizing Returns Asset
Slide 18: Aster India Financial Summary- Profitability Statement
Aster India Financial Summary- Profitability Statement Particulars Q1 FY25 Q1 FY24 YoY % Ind AS Impact on EBITDA and PAT Revenue from Operations 1,002 838 20% INDAS Impact Q1 FY25 Q1 FY24 Material Cost2 229 219 Doctors Cost 226 184 EBITDA Impact (19) (15) Employee Cost 190 156 Depreciation 14 11 Oth
Slide 19: Cluster Performance
Cluster Performance
Slide 20: Kerala Cluster: Hospitals and Bed Capacity
Kerala Cluster: Hospitals and Bed Capacity Revenue Contribution1 55% Aster Medcity MIMS Calicut MIMS Kottakkal Kochi, Kerala Kozhikode, Kerala Kottakkal, Kerala 2014, Owned 2013, Owned 2013, Owned CB: 762 OB: 625 CB: 696 OB: 468 CB:340 OB:263 MIMS Kannur Aster PMF Aster Mother Hospital Kannur, Keral
Slide 21: Kerala Cluster - Performance
Kerala Cluster - Performance Revenue (In INR Crs) 528 2,007 462 1,691 1,318 875 935 Operational Metrics Q1 FY25 Q1 FY24 YoY Growth 701 ARPOBD (INR) 42,000+ 37,500+ 12% Q1FY24 Q1FY25 FY19 FY20 FY21 FY22 FY23 FY24 Operating EBITDA1 (In INR Crs) 120 Occupancy 75% 77% -180 bps Q1 FY25 92 430 356 Average
Slide 22: Karnataka & Maharashtra Cluster: Hospitals and Bed Capacity
Karnataka & Maharashtra Cluster : Hospitals and Bed Capacity Revenue Contribution1 34% Aster CMI Aster Whitefield Aster RV Bengaluru, Karnataka Bengaluru, Karnataka Bengaluru, Karnataka 2014, O&M 2021, Leased 2019, O&M CB: 347 OB:213 CB: 509 OB:368 CB: 236 OB:168 Aster Aadhar Aster G Madegowda Kolha
Slide 23: Karnataka & Maharashtra Cluster - Performance
Karnataka & Maharashtra Cluster - Performance Revenue (In INR Crs) 329 1100 238 817 655 Operational Metrics Q1 FY25 Q1 FY24 YoY Growth 442 433 310 ARPOBD (INR) 59,700+ 53,500+ 12% Q1FY24 Q1FY25 FY19 FY20 FY21 FY22 FY23 FY24 Operating EBITDA1 Occupancy 62% 55% 700 bps (In INR Crs) 70 217 Q1 FY25 45 1
Slide 24: Andhra & Telangana Cluster: Hospitals and Bed Capacity
Andhra & Telangana Cluster : Hospitals and Bed Capacity Revenue Contribution1 11% Ramesh Guntur Prime Hospitals – Ameerpet Ramesh Sanghamitra Guntur, AP Hyderabad, Telangana Ongole, AP 2016, Leased 2014, Leased 2018, Owned CB:350 OB:225 CB:158 OB:98 CB:150 OB:130 Aster Narayanadri Ramesh Main Centre
Slide 25: Andhra & Telangana - Performance
Andhra & Telangana - Performance Revenue (In INR Crs) 111 412 97 370 344 303 314 279 Operational Metrics Q1 FY25 Q1 FY24 YoY Growth ARPOBD (INR) 29,100+ 28,100+ 4% Q1FY24 Q1FY25 FY19 FY20 FY21 FY22 FY23 FY24 Operating EBITDA1 Occupancy 53% 47% 600 bps (In INR Crs) Q1 FY25 11 10 69 47 45 Average Occu
Slide 26: Geography – wise Business – Snapshot – Q1 FY25
Geography – wise Business – Snapshot – Q1 FY25 25 KARNATAKA & ANDHRA & KERALA TOTAL MAHARASHTRA TELANGANA Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Total Capacity Beds 2,399 2,239 1,423 1,137 1,047 1,047 4,869 4,423 Operational Beds (Census) 1,816 1,734 985 877 779 780 3,580 3,
Slide 27: Awards, Excellence & Leadership
Awards, Excellence & Leadership
Slide 28: Awards
Awards Outlook 2024 Best Hospital Ranking Best Multispecialty Hospital Emerging Times All India Multispecialty Hospital Ranking 2024 Aster Medcity : All India Best Multispeciality 2 Aster Medcity: All India 1 Aster CMI Hospital: All India 4 Aster Medcity: India Best Multispecialty 3 Hospital Aster C
Slide 29: Clinical Highlights - Q1 FY25
28 Clinical Highlights - Q1 FY25 9 131+ 504+ 434+ 997+ 1,466+ 1,438+ Total number of research Total number of Total number of Robotic Total Number of Total number of Total number of Total number of paper published in indexed Transplants Surgeries Cardiovascular Surgeries Joint Replacements Neurosurg
Slide 30: ESG Milestones
29 ESG Milestones 93% 85% 13 2,300,000 KWh 3,675,000 KWh 4300 E Energy Consumption sourced from renewable Energy Consumption sourced from renewable Sewage treatment plants installed across India Worth wind energy sourced Worth solar energy sourced Trees Planted energy at Aster CMI, energy at Aster R
Slide 31: Board of Directors
30 Board of Directors Shamsudheen Bin Mohideen Dr. Azad Moopen Alisha Moopen T. J. Wilson Mammu Haji Founder Chairman and Managing Director Deputy Managing Director Non-Executive Director Non-Executive Director Purana Housdurgamvijaya Chenayappillil John George Dr. James Mathew Emmanuel David Gootam
Slide 32: Leadership Team
31 Leadership Team Dr. Azad Moopen Founder Chairman and Managing Director T. J. Wilson Dr. Nitish Shetty Dr .Somashekhar S P Sunil Kumar M R Group Head - Governance & CEO – Aster DM Healthcare Chairman of Medical Advisory Corporate Affairs Ltd., India Council and Global Director Chief Financial Offi
Slide 33: Appendix
Appendix
Slide 34: Hospital and O&M Asset Light Hospitals Performance – Q1 FY25
Hospital and O&M Asset Light Hospitals Performance – Q1 FY25 Occupancy ARPOB Revenue Operating EBITDA2 Hospitals and Clinics (Excl. O&M Asset Light) INR 930 Cr INR 199 Cr 15 hospitals1 68% 46,800 20% 21% 13 clinics YoY Revenue Growth Margins 3,217 Operational Beds (census) O&M Asset Light Hospitals
Slide 35: Thank You
Thank You Investor Relations: investors@asterdmhealthcare.com
Aster DM Healthcare — Q1 FY2025 Earnings Presentation on 6ix