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This Article is From Jan 17, 2023

Apollo Hospitals - Past Was Good; Await Better Future: Motilal Oswal

Apollo Hospitals - Past Was Good; Await Better Future: Motilal Oswal
Apollo's cancer hospital in Ahmedabad. (Source: Company website)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Motilal Oswal Report

Apollo Hospitals Enterprise Ltd. has delivered a phenomenal performance (3.6 times earnings) over the past five years, reporting a 24% Ebitda compound annual growth rate and reducing net debt by half, benefiting from a lower tax rate. Accordingly, the stock price has appreciated 3.6 times in the same period.

Interestingly, over FY23-25E, the outlook on operational parameters for healthcare services also remains promising (17% Ebitda CAGR) on the back of superior execution of Apollo Hospitals and favorable macro factors. 

The pharmacy outlook is encouraging, too, with the aggressive expansion of offline/online infrastructure and the ability of Apollo Hospital to provide the entire spectrum of healthcare services to its customers.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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