MAXHEALTHNSEAugust 21, 2023

Max Healthcare Institute Limited

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Key numbers — 40 extracted
rs,
a Complex, Bandra (E), Mumbai – 400 051 Listing Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Symbol: MAXHEALTH Scrip Code: 543220 Sub.: Presentation for In
82%
s of revenue, EBITDA and market capitalisation Current capacity ~3,550 beds NCR 17 Facilities ~82% Beds in metros ~76% FY23 Occupancy 402 Shalimar Bagh 540 402 378 BLK Patparganj Eqova Vai
76%
and market capitalisation Current capacity ~3,550 beds NCR 17 Facilities ~82% Beds in metros ~76% FY23 Occupancy 402 Shalimar Bagh 540 402 378 BLK Patparganj Eqova Vaishali Panchsheel1 D
13%
Mumbai Mohali1,2 Bathinda Dehradun Current hospitals and medical centres Upcoming hospitals 13% Revenue CAGR^ 3 years 41% EBITDA CAGR^ 3 years ~33% FY23 ROCE Shareholding structure (as on June
rs 41
thinda Dehradun Current hospitals and medical centres Upcoming hospitals 13% Revenue CAGR^ 3 years 41% EBITDA CAGR^ 3 years ~33% FY23 ROCE Shareholding structure (as on June 30, 2023) Top Public inv
33%
tals and medical centres Upcoming hospitals 13% Revenue CAGR^ 3 years 41% EBITDA CAGR^ 3 years ~33% FY23 ROCE Shareholding structure (as on June 30, 2023) Top Public investors: Capital Group (All
4.4%
Funds • Blackrock / iShares • Vanguard (All funds) • SBI Mutual Funds • Canara Robeco Mutual Funds 4.4% 23.8% 11.9% 59.9% Abhay Soi DIIs FPIs and FIIs Others * Based on publicly available informa
23.8%
• Blackrock / iShares • Vanguard (All funds) • SBI Mutual Funds • Canara Robeco Mutual Funds 4.4% 23.8% 11.9% 59.9% Abhay Soi DIIs FPIs and FIIs Others * Based on publicly available information fo
11.9%
rock / iShares • Vanguard (All funds) • SBI Mutual Funds • Canara Robeco Mutual Funds 4.4% 23.8% 11.9% 59.9% Abhay Soi DIIs FPIs and FIIs Others * Based on publicly available information for liste
59.9%
iShares • Vanguard (All funds) • SBI Mutual Funds • Canara Robeco Mutual Funds 4.4% 23.8% 11.9% 59.9% Abhay Soi DIIs FPIs and FIIs Others * Based on publicly available information for listed compa
INR 1,200
ty Hospital, Shalimar Bagh • Launched our proprietary omnichannel app, ‘Max MyHealth’ • Raised INR 1,200 Cr equity through Qualified Institutional Placement (QIP) • Medcentre, Mohali (Immigration D
2 million
IT D iHub Innovation Center, Pfizer and Deakin University – 30,000+ research participants and USD 2 million in research grants ~2200 research publications in indexed journals in last 7 years Private bio ba
Guidance — 6 items
Notes
opening
No securities of the Company have been or will be registered under the U.S.
Large metros have inherent advantages
opening
of beds may vary slightly subject to configuration of ward beds | # Values are estimated based on EPC model of contracting and will be firmed as each project’s execution gains momentum | ## Currently, the land parcel at Sector-53 is under litigation with HSVP.
Large metros have inherent advantages
opening
May impact 500 beds potential assumed FY28 onwards 17 3 Expansion projects coming on stream over next 3 years Dwarka (Asset-Light) – 300 beds Mohali – 190 beds Nanavati – 329 beds in Phase I • Majority of the MEP and interior work completed.
Large metros have inherent advantages
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The project is largely on time and we expect to cast the Ground Floor slab by early Q3 FY24.
Large metros have inherent advantages
opening
56, GGN (Greenfield) – 300 beds in Phase I Saket Complex (Vikrant) – 300 beds in Phase I • • This project has been facing delays due to forest approval for tree transplantation.
Large metros have inherent advantages
opening
• Drawings are in the final stage and will be filed for 18 approval once EC is received.
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Risks & concerns — 1 flagged
This includes impact of one off reversal of INR 283 Cr deferred tax liability pursuant to voluntary liquidation and distribution of assets of a subsidiary on a going concern basis to its holding company 5.
Large metros have inherent advantages
Speaking time
Notes
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Top Public investors
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Large metros have inherent advantages
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Contact
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Opening remarks
Notes
a) The above schedule is subject to changes due to exigencies on the part of the Investor/ Company. b) No unpublished price sensitive information is proposed to be shared during the aforesaid investor conference. This disclosure will also be hosted on Company's website viz. www.maxhealthcare.in. Kindly take the same on record. Thanking you Yours truly, For Max Healthcare Institute Limited Dhiraj Aroraa SVP - Company Secretary and Compliance Officer Encl.: As above Max Healthcare Institute Limited (CIN: L72200MH2001PLC322854) Regd. Office: 401, 4th Floor, Man Excellenza, S. V. Road, Vile Parle (West), Mumbai, Maharashtra-400056 Phone: +91- 22-26101035, E-mail: secretarial@maxhealthcare.com, investors@maxhealthcare.com Corporate Office: 2nd Floor, Capital Cyberscape, Sector-59, Gurugram, Haryana 122011 www.maxhealthcare.in Investor Presentation August 21, 2023 Disclaimer This presentation and the accompanying slides (the “presentation”) contains selected information about the activities
Top Public investors
Capital Group (All funds) • • Government of Singapore / GIC • GQG Partners • HDFC Mutual Funds • Blackrock / iShares • Vanguard (All funds) • SBI Mutual Funds • Canara Robeco Mutual Funds 4.4% 23.8% 11.9% 59.9% Abhay Soi DIIs FPIs and FIIs Others * Based on publicly available information for listed companies (FY23) | ^CAGR is calculated for FY20 to FY23 (1) Standalone speciality clinics with outpatient and day care services | (2) 2 facilities each at these locations| (3) 320 beds in East Block and 201 in West Block | (4) Currently, the land parcel at Sector-53 is under litigation with HSVP 5 Vision: To be the most well-regarded healthcare provider in India To be the most well regarded healthcare provider in India committed to the highest standards of clinical excellence and patient care supported by latest technology and cutting edge research Quaternary care facilities Best-in-class clinical outcomes Patient centric approach Global best practices Rewarded by growth Constant pursuit to
Large metros have inherent advantages
58% 39% - High per capita income, high insurance penetration and propensity to pay for high end quaternary care facilities 22% - Availability of senior/ statured clinical talent leading to Max Healthcare Fortis (Hospital business) Narayana Health (India) Apollo Hospitals KIMS Hospitals Aster Hospital (India) metros becoming regional hubs - Higher health awareness (1) ARPOB for FY23 (excl. Covid-19 vaccination revenues); Apollo’s revenue has been grossed up for adjustment of doctor fees as per the disclosures in the last annual report of 9 FY23 | Source: IRDAI, CRISIL research, company websites / presentations Dominant presence in the most attractive markets (2/2) Being metro-centric also positions MHC well to capitalise on medical tourism India’s foreign medical tourism industry has been growing Break-up of medical tourists* by major country of origin 15 company & partner-owned Patient Assistance Centres (PACs) across 13 countries, 1 more upcoming ~3 million medical tourists in India b
Contact
facilities. Out of the total network, eight hospitals and four medical centres are located in Aakrati Porwal Delhi and the NCR and the others are located in the cities of Mumbai, Mohali, Bathinda and Dehradun. The Max network includes all the hospitals and medical centres owned, operated and managed by the Company and its subsidiaries, and partner healthcare facilities. These include state-of-the-art tertiary and quaternary care hospitals at Saket, Patparganj, Vaishali, Rajendra Place, and Shalimar Bagh in NCR Delhi and one each in Mumbai, Mohali, Bathinda and Dehradun, secondary care hospital in Gurgaon and Day Max Healthcare Institute Ltd. Tel: +91 9920 409393 Email: aakrati.porwal@maxhealthcare.com Anoop Poojari / Suraj Digawalekar Care Centres at Noida, Lajpat Nagar and Panchsheel Park in NCR Delhi and one in Mohali, CDR India Punjab. The hospitals in Mohali and Bathinda are under PPP arrangement with the Tel: +91 98330 90434 / 98211 94418 Government of Punjab. Email: anoop@cdr-ind
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