Artemis Medicare Services Ltd. · NSE:ARTEMISMED
Artemis Medicare Services — H1 FY2024 Earnings Presentation
24 slides from Artemis Medicare Services's earnings presentation, Nov 10, 2023
Slide 1: Stock exchange cover letter for earnings presentation
Date: November 10, 2023 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: Earnings Presentation-Q
Slide 2: Earnings Presentation Q2 and H1 FY2024
Care for Customer Respect for Associates Excellence through Teamwork (BSE: 542919; NSE: ARTEMISMED) Always Learning Earnings Presentation Trust Mutually Q2 and H1 FY2024 Ethical Practices
Slide 3: Artemis Hospitals: At a Glance
Artemis Hospitals : At a Glance Established in July 2007 by promoters of Apollo Tyres (69.3% 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 sta
Slide 4: Financial Highlights – Q2 FY24
Financial Highlights – Q2 FY24 Q2 FY24 Dr. Devlina Chakravarty, Managing Director Net Revenue EBITDA Net Profits Rs. 2,250 mn Rs. 366 mn Rs. 135 mn “Our results have yet again shown the strength of the Artemis brand and the patient +20% YoY +47.2%YoY 54.4% YoY experience which backs it. This is our
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 5,573 Gross Revenue 2,030 4,186 4,225 3,535 1,853 FY21 FY22 FY23 H1 FY23 H1 FY24 Q2 FY23 Q1 FY24 Q2 FY24 372 1,036 EBITDA and Margins 313 269 665 685 16.2% 17.9% 477 15.2% 420 15.0% 14.2% 17.1% 10
Slide 11: Artemis Hospital Gurgaon: Q2 FY24 Revenue by Speciality and Payer Mix
Artemis Hospital Gurgaon Q2 FY24 Revenue Segmentation by Speciality Q2 FY24 Payer Mix 16% 20% 2% 20% 3% 30% 4% 3% 16% 3% 20% 4% 16% 30% 5% 8% Oncology Neuro Orthopedics/Spine Cardiology Internal Medicine Nephrology International Patients Insured Patients Pulmonology Liver Transplant General surgery
Slide 12: Artemis Hospital Gurgaon: H1 FY24 Revenue by Speciality and Payer Mix
Artemis Hospital Gurgaon H1 FY24 Revenue Segmentation by Speciality H1 FY24 Payer Mix 15% 2% 20% 20% 3% 28% 4% 3% 16% 3% 21% 4% 5% 31% 16% 9% Oncology Neuro Orthopedics/Spine Cardiology Internal Medicine Nephrology International Patients Insured Patients Pulmonology Liver Transplant General surgery
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 neighborhood multi speciality hospital 70+ beds • Luxury speciality healthcare services for mother and childcare • Speciality clinics, short stay sur
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: Q2 FY24 Operational Performance - Artemis Gurgaon
Q2 FY24 Operational Performance - Artemis Gurgaon Average Operational Beds (Nos.) Occupancy Rate ARPOB (Rs.) 447 72.0% 76,000 76,400 70.0% 67.8% 64,700 433 433 Q2 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q1 FY24 Q2 FY24 Patient Volumes (Nos.) Surgeries Performed (Nos.) ALOS (Days) 3,678
Slide 18: H1 FY24 Operational Performance - Artemis Gurgaon
H1 FY24 Operational Performance - Artemis Gurgaon Average Operational Beds (Nos.) Occupancy Rate ARPOB (Rs.) 427 420 440 69.4% 69.7% 70.0% 68.9% 76,200 349 67,100 65,800 318 61,800 63,200 58.4% FY21 FY22 FY23 H1 FY23 H1 FY24 FY21 FY22 FY23 H1 FY23 H1 FY24 FY21 FY22 FY23 H1 FY23 H1 FY24 Patient Volum
Slide 19: Financials
Financials ARTEMIS 18
Slide 20: Historical Performance (Consolidated)
Historical Performance (Consolidated) Annual Performance Trend Quarterly Performance Trend (Rs. Million) 2,376 2,202 7,770 1,964 Gross Revenue 5,838 4,321 4,578 3,722 FY21 FY22 FY23 H1 FY 23 H1 FY 24 Q2 FY23 Q1 FY24 Q2 FY24 EBITDA and Margins 1,013 366 714 292 658 249 464 16.3% 387 13.3% 13.9% 12.9%
Slide 21: Q2 and H1 FY24 Financial Performance (Consolidated)
Q2 and H1 FY24 Financial Performance (Consolidated) (Rs. Million) Q2 FY24 Q2 FY23 YoY% Q1 FY24 QoQ% H1 FY24 H1 FY23 YoY% Gross Revenue 2,376.0 1,963.6 21.0% 2,202.0 7.9% 4,578.0 3,722.1 23.0% Net Revenue from Operations 2,250.1 1,874.6 20.0% 2,095.4 7.4% 4,345.5 3,546.9 22.5% Other Income 24.2 14.1
Slide 22: Q2 and H1 FY24 Financial Performance (Standalone)
Q2 and H1 FY24 Financial Performance (Standalone) (Rs. Million) Q2 FY24 Q2 FY23 YoY% Q1 FY24 QoQ% H1 FY24 H1 FY23 YoY% Gross Revenue 2,289.8 1,913.3 19.7% 2,115.8 8.2% 4,405.6 3,634.1 21.2% Net Revenue from Operations 2,169.1 1,824.4 18.9% 2,011.9 7.8% 4,181.0 3,459.1 20.9% Other Income 24.8 14.3 73
Slide 23: Balance Sheet Overview
Balance Sheet Overview (Rs. Million) Standalone Consolidated Particulars FY23 H1 FY 24 Particulars FY23 H1 FY24 Total Shareholders Funds 4,064 4,250 Total Shareholders Funds 4,077 4,276 Total Loans 2,239 2,438 Total Loans 2,415 2,603 Other Long Term Liabilities / Provisions 839 672 Other Long Term L
Slide 24: 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 — H1 FY2024 Earnings Presentation on 6ix