Apollo Hospitals (APOLLOHOSP) Investor Presentation summary

India's largest integrated healthcare system

• Operates 73 hospitals with 10,138 beds and over 10,000 doctors, plus India's largest offline pharmacy network with 6,000+ stores in 1,200+ cities and towns.

• Extensive retail healthcare network: 264 primary clinics, 183 dental clinics, 72 sugar clinics, 31 birthing centers, 133 dialysis centers, 22 surgery centers, and 2,203 diagnostic collection centers.

• Recognized for clinical innovation, digital transformation, and a patient-centric, outcomes-driven care model.

• Built a trusted brand synonymous with quality, supported by significant government recognition and successful partnerships.

• Created unmatched consumer insights and shareholder value, with a 6x increase in market capitalization over the last decade.

Financial and operational performance

• FY24 consolidated revenue reached $2.29 billion, with a 16% CAGR since FY13; healthcare services and pharmacy segments grew at 14% and 20% CAGR, respectively.

• Q2FY25 consolidated revenue grew 15% YoY to 55,893 mio, EBITDA up 30% to 8,155 mio, and PAT up 63% to 3,788 mio.

• H1FY25 consolidated revenue rose 15% YoY to 106,749 mio, EBITDA up 31% to 14,906 mio, and PAT up 71% to 6,840 mio.

• Healthcare services maintained strong margins (24.9% in Q2FY25), with occupancy at 73% and ARPOB up 3% YoY.

• Return on capital employed (ROCE) for healthcare services at 26.1% and pharmacy distribution at 31.5% as of March 2024.

Segment highlights and expansion

• Apollo Health & Lifestyle Ltd (AHLL) revenue grew 14% YoY in Q2FY25, with diagnostics and specialty care showing strong margin improvements.

• Apollo HealthCo (omnichannel pharmacy) revenue grew 17% YoY in Q2FY25, with PAT turning positive due to cost optimization and operational growth.

• Advent International invested INR 1,732 crs in Apollo HealthCo, with a phased merger of Keimed to create India's leading integrated pharmacy distribution business.

• Expansion plans include new hospitals and brownfield projects in major metros and Tier 1 cities, targeting over 3,500 new beds in the next 3-4 years.

• Digital platform Apollo 24/7 serves 36 million+ registered users, with 6,228 pharmacies and 14,500+ daily virtual consultations.