“We will add about 4,300 beds in the next four years. We have a total capital of Rs. 000 crore for that, of which we have used Rs 2,000 crore in the last few years and some of these assets and balance will be charged 6,000 crore in the remaining four years.”
This expansion will be funded by internal earnings and cash. “Every year we produce Rs. 1000 crores of free cash. It must only increase, especially given that once we also have new hospitals – most of them are in the existing markets where Apollo is already a strong presence – we will also see them breaking in 12 months.”
In the fourth quarter ended March, the company increased the unified income of Rs 13% annually. 5,592 crore, while the unified net profit increased by 54% to 390 crore. Its healthcare services revenue is Rs. 2,822 crore, which is 10% Yoy, and net profit was Rs. 385 crore; Up to 37%.
Living events
For the financial year 25, the unified income has increased to 14% Yoy 21,794 crore, and net profit is Rs. Was at 1,446 crore, which is 61% higher. Healthcare Services revenue for FY 25 is Rs. 11,147 crore, which is 13% yu, while healthcare net profit increased 25% to Rs. 1,426 crore.
The company announced expansion in the Sarjapur micro-market by the addition of 700 beds in two phases, in which to establish a significant presence in the southeastern part of the Bengaluru, established a significant presence with a large address appropriate market. The first phase will include the acquisition of the existing 200 bed hospital and the second phase will set up a 500 -bed Greenfield Hospital nearby.
With the ongoing expansion of Brownfield in the city, the total strength of the bed in Bengaluru will be 1,500 beds, the company said in a press release.
“About 66% of our beds are in very small format hospitals and are not in the field of organized integrated healthcare. The type of bed that runs Apollo is for high complexity and high equity care and we see the constant demand for that kind of bed,” said President and CEO, Apollo Hospitals.
Apollo hospitals, including 70% of its beds are in the metro and 30% in non-metro, mix the average income of the operating pairing bed (ARPOB) of Rs 63,5001 per day, which is the highest in the industry, told ET.
The company also plans to expand Brownfield in Hyderabad through 160 beds by expansion of existing Jubilee Hills and Secunderabad facilities. With the upcoming facility in Gachiboli, the bed of Apollo hospitals in Hyderabad will have the strength of about 1,400 beds.
The company announced a final dividend of Rs 10 per share, at a face value of Rs 5 per share, making a total dividend of Rs 19 per share.
(Now you can subscribe to our Etmarkets WhatsApp channel)