Financials Kovai Medical Center and Hospital Limited

Equities

KOVAI

INE177F01017

Healthcare Facilities & Services

Market Closed - Bombay S.E. 11:00:54 28/06/2024 BST 5-day change 1st Jan Change
4,288 INR +0.72% Intraday chart for Kovai Medical Center and Hospital Limited +1.87% +38.37%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 13,685 8,436 7,440 12,066 17,458 20,143
Enterprise Value (EV) 1 14,782 11,200 11,749 16,761 21,001 22,785
P/E ratio 23.6 x 14 x 7.87 x 15.5 x 16.7 x 17.4 x
Yield 0.24% 0.39% 0.44% 0.27% 0.19% 0.27%
Capitalization / Revenue 2.31 x 1.34 x 1.05 x 1.75 x 1.93 x 1.98 x
EV / Revenue 2.5 x 1.78 x 1.65 x 2.43 x 2.32 x 2.23 x
EV / EBITDA 11.4 x 8.49 x 7.04 x 8.85 x 8.26 x 8.57 x
EV / FCF -41.8 x -6.36 x -8.56 x -34 x 23.6 x 35.6 x
FCF Yield -2.39% -15.7% -11.7% -2.94% 4.23% 2.81%
Price to Book 4.74 x 2.46 x 1.73 x 2.37 x 2.87 x 2.8 x
Nbr of stocks (in thousands) 10,942 10,942 10,942 10,942 10,942 10,942
Reference price 2 1,251 771.0 679.9 1,103 1,595 1,841
Announcement Date 23/06/18 19/07/19 27/08/20 25/08/21 12/08/22 26/07/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 5,924 6,277 7,117 6,904 9,060 10,197
EBITDA 1 1,292 1,320 1,668 1,894 2,541 2,660
EBIT 1 951.2 967.9 1,172 1,253 1,730 1,816
Operating Margin 16.06% 15.42% 16.47% 18.15% 19.1% 17.81%
Earnings before Tax (EBT) 1 894.4 928.4 1,119 1,057 1,407 1,552
Net income 1 579.8 601.4 945.9 776.9 1,043 1,158
Net margin 9.79% 9.58% 13.29% 11.25% 11.51% 11.35%
EPS 2 52.99 54.96 86.44 71.00 95.28 105.8
Free Cash Flow 1 -353.9 -1,762 -1,372 -493.2 888.6 639.4
FCF margin -5.97% -28.07% -19.28% -7.14% 9.81% 6.27%
FCF Conversion (EBITDA) - - - - 34.97% 24.04%
FCF Conversion (Net income) - - - - 85.23% 55.23%
Dividend per Share 2 3.000 3.000 3.000 3.000 3.000 5.000
Announcement Date 23/06/18 19/07/19 27/08/20 25/08/21 12/08/22 26/07/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,097 2,763 4,310 4,695 3,543 2,643
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.8488 x 2.094 x 2.584 x 2.479 x 1.394 x 0.9935 x
Free Cash Flow 1 -354 -1,762 -1,372 -493 889 639
ROE (net income / shareholders' equity) 22.2% 19% 24.4% 16.5% 18.6% 17.4%
ROA (Net income/ Total Assets) 11.1% 8.31% 7.49% 6.56% 8.24% 8.15%
Assets 1 5,211 7,237 12,630 11,847 12,648 14,202
Book Value Per Share 2 264.0 314.0 394.0 466.0 557.0 657.0
Cash Flow per Share 2 21.60 24.40 29.30 6.090 4.980 16.40
Capex 1 1,285 2,767 2,680 1,809 993 1,274
Capex / Sales 21.68% 44.09% 37.66% 26.21% 10.96% 12.49%
Announcement Date 23/06/18 19/07/19 27/08/20 25/08/21 12/08/22 26/07/23
1INR in Million2INR
Estimates
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