Global Health Limited · NSE:MEDANTA
Global Health — Q1 FY2024 Earnings Presentation
28 slides from Global Health's earnings presentation, Aug 10, 2023
Slide 1: Exchange filing cover letter
10th August, 2023 Ref:- GHL/2023-24/EXCH/38 The General Manager The Manager Dept. of Corporate Services Listing Department BSE Limited, National Stock Exchange of India Limited P J Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai - 400 001 Bandra Kurla Complex, Bandra (E), Mumbai - 400 051
Slide 2: Global Health Limited Investor Presentation Q1 FY2024
GLOBAL HEALTH LIMITED Dedicated to Life INVESTOR PRESENTATION 5 Q1 FY 2024 1
Slide 3: Contents
Contents 01 Q1 FY2024 Performance Update 02 Medanta: Poised to Deliver Sustainable Growth 03 About Us 2
Slide 4: Q1 FY2024 Performance Update
01 Q1 FY2024 Performance Update 3
Slide 5: Q1 FY2024 performance summary
Q1 FY2024 performance summary Strong performance driven by growth in patient footfalls and improved realizations INR 7,945 million INR 1,993 million INR 1,020 million Total Income EBITDA and Margins % Margins % Margin: 25.1% Margin: 12.8% PAT and Q1 FY23 Q1 FY23 Q1 FY23 6,265 million 26.8% 1,416 mil
Slide 6: Q1 FY2024 performance summary
Q1 FY2024 performance summary Both matured and developing hospitals continue to deliver year on year and sequential growth Consolidated Total Income of INR 7,945 million, grew by 26.8% y-o-y and 8.6% on q-o-q basis. The growth was driven by a combination of factors including higher patient volumes,
Slide 7: Q1 FY2024 key developments
Q1 FY2024 key developments Leveraging technology to improve quality and accessibility of care • Medanta Lucknow launched Tele-ICU services • Inaugurated by Hon’ble Chief Minister UP Yogi Adityanath • Enabling access to Medanta’s high quality critical care expertise in underserved areas • Tie-ups acr
Slide 8: Q1 FY2024 clinical achievements
Q1 FY2024 clinical achievements Continuing the legacy of clinical excellence Medanta Gurugram doctors use CAD cam 3D technology to reconstruct cancer patient’s lower jaw in 12 hour surgery, restore facial structure, ability to swallow, eat, speak In a series of surgeries, Medanta Ranchi doctors save
Slide 9: Key operating metrics: Revenue and profitability
Key operating metrics: Revenue and profitability Robust growth across all major metrics Total Income (INR million) EBITDA (INR million and margin %) +26.8% +40.7% 7,945 7,318 1,915 1,993 6,265 1,416 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 22.6% 26.2% 25.1% Profit before tax (INR million and
Slide 10: Key operating metrics: Volumes, occupancies, ALOS
Key operating metrics: Volumes, occupancies, ALOS Strong volume growth, increased bed capacity and improvements in ALOS Average census and occupied beds ALOS (days) 2,138 2,223 1,866 3.22 3.29 3.14 1,237 1,291 1,111 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 60% 58% 58% Census beds Occupied bed
Slide 11: Key operating metrics: ARPOB and revenue mix
Key operating metrics: ARPOB and revenue mix ARPOB growth driven by improved realization ARPOB* (INR) IPD Revenue mix by payor category +7.1% 58,961 60,880 63,148 61% 64% 62% 24% 23% 4% 24% 4% 3% 10% 2% 8% 1% 8% 2% Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 Cash TPA CGHS/ ECHS/ Indian Railways
Slide 12: Diverse revenue mix
Diverse revenue1 mix Significant contribution from complex specialties Revenue mix by specialty Q1 FY23 Revenue mix by specialty Q1 FY24 17% 19% 24% 24% 4% 4% 6% 7,420 5,961 5% INR million INR million 6% 12% 12% 5% 3 8% 8% 3 12% 12% 12% 11% 3 Heart Digestive Cancer Neuro Kidney & Urology Internal Me
Slide 13: Growth seen in both mature and new hospitals
Growth seen in both mature and new hospitals New hospitals continue to deliver strong growth Matured hospitals - Over 6 years Developing hospitals - Less than 6 years Total Income (INR million) EBITDA (INR million and margin %) Total Income (INR million) EBITDA (INR million and margin %) +20.2% +31.
Slide 14: Medanta Poised to Deliver Sustainable Growth
Medanta Poised to Deliver Sustainable Growth 02 Values based growth you can be proud of 13
Slide 15: Medanta is well placed to deliver sustainable growth
Medanta is well placed to deliver sustainable growth… …while maintaining its core values of patient centric care and clinical leadership and quality CONTINUITY OF CARE TECHNOLOGY Extend clinical THOUGHT ADVANCEMENT services outside LEADERSHIP Use technology to hospital and ENHANCE Build on our impro
Slide 16: On-going expansion projects on track for FY2025
On-going expansion projects on track for FY2025 Planned bed capacity addition; well positioned to drive near term growth Number of installed beds Planned growth in number of installed beds 293 2,697 300-550 ~3,500-4,000 191 228 102 170-320 419 35 300-350 9 2,725 ~100 410 1,722 FY 19 FY 20 FY 21 FY 2
Slide 17: Medanta and DLF to develop ~400 beds hospital in Delhi
Medanta and DLF to develop ~400 beds super-specialty hospital in Delhi Further strengthening NCR presence; linking Gurugram and Noida with its new South Delhi facility • Plan to set up a ~400-bed super specialty hospital in South Delhi • GHL and DLF to form a new company, both will contribute equity
Slide 18: About Us
03 About Us 17
Slide 19: Medanta was founded to bring a new type of healthcare to India
Medanta was founded to bring a new type of healthcare to India… … the human side of healthcare Healthcare is never only about science. It is also about the art of medicine – the human connection, putting the patient first, collaboration, the personal acts of empathy and the values that guide our dec
Slide 20: Growth from a single flagship hospital to a network of 5
Growth from a single flagship hospital in Gurgaon… …to a network of 5 high quality hospitals across north India 2025E MEDANTA HOSPITAL 2021 NOIDA JAI PRABHA Plan for 550 beds 2019 MEDANTA SPECIALTY Expected to MEDANTA HOSPITAL begin phase I 2015 HOSPITAL PATNA operations with MEDANTA ABDUR LUCKNOW ~
Slide 21: One of the largest private hospital chains in North and East India
One of the largest private hospital chains in North and East India Infrastructure and High quality Awards and technology clinical talent accreditations Built to deliver the Full time doctors; National and international most complex care team based care recognition Network of 5 multi- 1,600+ doctors*
Slide 22: From our flagship Medicity campus we have grown to ~2,700 beds
From our flagship Medicity campus in Gurgaon, we have grown to ~2,700 beds across 5 cities Largest private hospital beds in operation under one roof in Delhi (NCR), Uttar Pradesh and Bihar GURGAON LUCKNOW PATNA 1,391 beds; 271 ICU beds 601 beds; 202 ICU beds (950 planned) 358 beds; 84 ICU beds (650
Slide 23: Our Mission and Values
Our Mission and Values Embracing a new era and redefining our purpose Core Values Patient centric care: Foster a culture where every one of us is MISSION committed to care for patients and their caregivers Our mission is to deliver Leadership and quality: Commit to delivering excellence in world cla
Slide 24: The Medanta Model of Healthcare
The Medanta Model of Healthcare Delivering the highest quality of medicine with care and compassion Exceptional clinical talent What it means for patients and caregivers? • Super specialized doctors provide the highest quality of care through a team based integrated approach Trust based compassionat
Slide 25: Annexure: Profit and Loss Statement
Annexure: Profit and Loss Statement Year End Quarter INR million FY22 FY23 Y-o-Y Growth % Q1 FY23 Q4 FY23 Q1 FY24 Y-o-Y Growth % Revenue from operations 21,673 26,942 24.3% 6,174 7,034 7,730 25.2% Other income 385 649 68.6% 91 284 215 136.0% Total income 22,058 27,592 25.1% 6,265 7,318 7,945 26.8% C
Slide 26: Annexure: Operational Parameters
Annexure: Operational Parameters Year End Quarter Key metrics FY22 FY23 Y-o-Y Growth % Q1 FY23 Q4 FY23 Q1 FY24 Y-o-Y Growth % Total Beds 2,404 2,697 12.2% 2,467 2,697 2,725 10.5% Average Census Beds 1,779 2,049 15.2% 1,866 2,138 2,223 19.2% Average Occupied Bed Days 385,059 439,539 14.1% 101,099 111
Slide 27: Annexure: Abbreviations and Definitions
Annexure: Abbreviations and Definitions Abbreviations INR : Indian Rupee NABH : National Accreditation Board for Hospitals & Healthcare Providers NABL : National Accreditation Board for Testing and Calibration Laboratories JCI : Joint Commission International OPD : Out-Patient Department
Slide 28: Contact us
Contact us About Medanta Contact Details Founded by Dr. Naresh Trehan, a world-renowned cardiovascular and Ravi Gothwal – cardiothoracic surgeon who has been awarded the prestigious Padma Bhushan and the Padma Shri, the third- and fourth-highest Head of Investor Relations civilian awards in India, a