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Earnings Call Transcript

Shalby Earnings Call Transcript: Key Takeaways

Shalby reported a modest 11.6% revenue growth with its MetLife business reaching EBITDA break-even, but hospital margins remain under pressure due to new doctor recruitments.

Guidance and delivery
Management target EBITDA Margin 20.0% FY27
Highlights
Revenue growth11.6% YoY revenue growth led by hospital and MetLife segments.
MarginsConsolidated EBITDA margins down to 14.5% due to expansion costs.
Demand visibilityStrong traction in orthopedic implants and international medical tourism.
Management confidenceBalanced; optimistic on MetLife scaling and hospital margin recovery.

Growth

Revenue grew 11.6% YoY to ₹338.6 Cr; PAT grew 36% to ₹10.5 Cr.

Outlook

Management guides for 20% EBITDA margins for the full FY27 year.

Risks

Hospital margins compressed 320bps; heavy reliance on government schemes potentially lengthening receivables cycles.

Last quarter's promises, checked

Delivered

  • Guided MedTech EBITDA breakeven → delivered ₹3.7 Cr positive EBITDA (= BEAT)
  • Guided 15% long-term hospital CAGR → delivered 11.6% revenue growth (= PARTIAL)
  • Guided new tax regime benefit → delivered PAT growth of 36% (= BEAT)

Partly delivered

  • Guided inventory reduction → delivered efficiency improvements but net debt rose to ₹463 Cr (= PARTIAL)

Missed

  • Guided hospital margin stability → delivered 320bps margin compression (= MISS)
  • Guided reduction in government business → delivered 32% payor mix (= MISS)
Source

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

Read the document ↗

Shalby Ltd: key numbers

Share price
₹147.12
Market cap
₹1,589 Cr
Revenue (annual)
₹1,141 Cr
Net profit (annual)
₹37.39 Cr
P/E (TTM)
40.4×Sector 57.8×
Promoter holding
74.33%+0.00% QoQ
FII holding
4.47%Current quarter

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

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