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Earnings Call Transcript

Artemis Medicare Services Earnings Call Transcript: Key Takeaways

Artemis reports strong Q1 FY27 growth, driven by Gurgaon performance and the Raipur hospital launch. Management is pivoting toward high-end quaternary care with a massive 2,000-bed expansion target by 2030.

Guidance and delivery
Management target Revenue FY30
Highlights
Revenue growthConsolidated revenue up 12.7% YoY; Gurgaon standalone up 15.4%.
MarginsEBITDA margin at 21.5%; aiming for 23%+ through operating leverage.
Demand visibilityStrong tertiary/quaternary demand; international patients stable despite West Asia conflict.
Management confidenceHigh; MD aggressively targeting 2,000 beds and quaternary care leadership.

Growth

Revenue grew 12.7% YoY consolidated; net profit surged 48.9% due to improved case mix.

Outlook

Targeting 2,000 operational beds by FY30 with 23%+ EBITDA margins at mature facilities.

Risks

Expansion capex of ₹800Cr+ plus ₹250Cr deposit for Vimhans poses significant near-term leverage risks.

Last quarter's promises, checked

Delivered

  • Guided 15-17% revenue growth → delivered 15.4% (= BEAT)
  • Guided Raipur Q1 FY27 launch → delivered Operationalized Q1 FY27 (= BEAT)
  • Guided 20%+ Gurgaon EBITDA margin → delivered 21.5% (= BEAT)

Partly delivered

  • Guided 70%+ Gurgaon occupancy by Q2 → delivered 64.6% currently (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: ARTEMISMED. Summary written with AI assistance from the document.

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Artemis Medicare Services Ltd: key numbers

Share price
₹357.70
Market cap
₹5,663 Cr
Revenue (annual)
₹1,081 Cr
Net profit (annual)
₹103.6 Cr
P/E (TTM)
49.8×Sector 57.8×
Promoter holding
58.39%+0.00% QoQ
FII holding
12.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Artemis Medicare Services Ltd

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12:59 IST BSE
Credit Rating

Artemis Medicare Services Credit Rating

CARE Ratings reaffirmed Artemis Medicare's bank facility ratings at CARE A with Stable outlook. Long-term and short-term facilities totalling ₹388.15 Cr were reviewed.

17:16 IST BSE
Financial Results

Artemis Medicare Services Q1 FY27 Results: Net Profit ₹31.4 Cr, Up 48.1% YoY

Artemis Medicare Services Ltd reported revenue from operations of ₹287.3 Cr (+12.7% YoY) and net profit of ₹31.4 Cr (+48.1% YoY) for Q1 FY27.

Key figure
Net profit ₹31.4 Cr · +48.1% YoY