KIMS Q1 Results Review - Expansion Plans On Track; Arpob Up On Volumes, Less Alos; Buy: Anand Rathi

Company's robust cost control, a low capital-intensive set-up and value-accretive acquisitions ensured sound profitability with a 56% Ebitda CAGR rate over FY18- 23, says the brokerage.

A doctor examining a patient using stethoscope. (Source: freepik)

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Anand Rathi Report

Surpassing the consensus and our estimate, Krishna Institute of Medical Sciences Ltd. reported a healthy Q1 with strong revenue and profits. Revenue/Ebitda/profit after tax rose 14/14/10% YoY. Key highlights:

  1. all expansion plans are on track.

  2. The new Nashik unit (300- bed capacity) would be commercialised in Q2 FY25 initially with ~80 beds.

  3. Vishakapatnam QNRI hospital (250-bed capacity) to be commercialised by end-Q2. Superior realisations, coupled with more in-patient footfalls fuelled growth.

  4. Occupancy was 50% versus 51% in Q4.

Click on the attachment to read the full report:

Anand Rathi KIMS Q1FY25 Results Review.pdf
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Also Read: Piramal Enterprises Shares Extend Loss For Second Session Despite Q1 Profit

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