NDTV Profit'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 NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
In line with consensus and ahead of our estimate, Rainbow Childrens Medicare Ltd. had a decent start to FY25. Revenue/Ebitda was up 15%/7% YoY; profit after tax, though, fell 4% YoY on higher interest cost and depreciation (the start of the new unit).
Key highlights:
Rs 56,212 average revenue per occupied bed, down 6% YoY but QoQ up 4%.
Overall occupancy 42% (versus 41%/48% in Q1/Q4 FY24).
Mature hospitals' occupancy 50% (versus 46%/57%).
New hospital occupancy 28% (versus 25%/30%).
Capacity expansions are on track (60/100 beds; Q4 FY25) in Bengaluru and Rajahmundry, and Coimbatore (a 130-bedded hub hospital; FY26).
Net cash at end-Q1 was Rs 5.1 billion.
Rs 567 million capex in Q1.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit 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 NDTV Profit.
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.
