Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 06, 2023

Max Healthcare Q3 Results Review - Strong Ebitda Despite Seasonally Weak Quarter: Prabhudas Lilladher

Max Healthcare Q3 Results Review - Strong Ebitda Despite Seasonally Weak Quarter: Prabhudas Lilladher
Max Healthcare Institute in Delhi.(Source: Company website)
STOCKS IN THIS STORY
Max Healthcare Institute Ltd
--

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. 

Prabhudas Lilladher Report

Max Healthcare Institute Ltd.'s Q3 FY23 Ebitda came above our estimates by 6%, aided by better occupancy (77% in Q3 versus 78% in Q2) in a seasonally weak quarter. Max Healthcare has shown phenomenal growth in past two years and we expect this momentum to continue given-

  1. strong expansion plans (up 1500 additional beds by FY25E end),

  2. improving payor mix (15% revenue contribution from institutional by FY25E versus 17% now) and

  3. scale up in labs.

Max Healthcare Institute's operational efficiency has also been commendable, especially in competitive markets like National capital region. We expect 14% Ebitda compound annual growth rate over FY23-25E.

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.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search