Krishna Institute of Medical Sciences Ltd Share Price – NSE /  BSE

Healthcare, Small Cap

Krishna Institute of Medical Sciences has made further investment by acquiring an additional equity stake of 3.00% in Arunodaya Hospitals, subsidiary company of the Company. Consequently, the Company now holds 70.66% of the total paid-up equity share capital of Arunodaya Hospitals.

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Gross revenue stood at Rs 782 crore during the quarter, registering a growth of 19.4% on YoY basis.

Profit before tax grew 11.47% YoY to Rs 99.1 crore in the quarter ended 30 September 2024.

Consolidated EBITDA increased by 23.8% YoY to Rs 223 crore and EBITDA margin rose to 28.7% in Q2 FY25 as against 27.6% in Q2 FY24.

Krishna Institute’s average revenue per occupied bed (ARPOB) rose by 22.9% YoY to Rs 38,263. Average revenue per patient (ARPP) grew by 9.7% YoY to Rs 1,40,316. The company conducted 4.73 lakhs OPD consults in Q2 FY25, which increased by 12.2% on YoY basis.

Dr. B Bhaskar Rao, CMD, KIMS Hospitals, said: “The second quarter has been an extremely busy and productive one on multiple fronts for us. Our unit in Nashik went live this quarter and we are happy to say that we have started our first hospital in Kerala at Kannur. All our units are working to their optimal capacity to meet the rush of patients across all geographies. We have been focusing on ensuring that our mission to provide affordable and accessible quality healthcare reaches everyone effectively. We are confident and on track to achieve our targets for FY 25.”

Headquartered in Hyderabad, Krishna Institute of Medical Sciences (KIMS Hospitals) is one of the largest corporate healthcare groups in Telangana and Andhra Pradesh, providing multi-disciplinary integrated healthcare services, with a focus on tertiary and quaternary healthcare at affordable cost.

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Net profit of Krishna Institute of Medical Sciences rose 16.71% to Rs 107.40 crore in the quarter ended September 2024 as against Rs 92.02 crore during the previous quarter ended September 2023. Sales rose 19.13% to Rs 777.30 crore in the quarter ended September 2024 as against Rs 652.48 crore during the previous quarter ended September 2023.

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Krishna Institute of Medical Sciences (KIMS) Hospitals has announced the expansion into Kerala, to develop new medical facilities and acquire 3000 beds in the state over the next five years. KIMS Hospitals, currently has presence in the 5 states of Telangana, Andhra Pradesh, Maharashtra, Kerala and Karnataka with over 16 hospitals and 5000 plus beds.

KIMS has already begun operations in Kerala by taking over Sreechand Hospital in Kannur and entering into an O&M contract with Westfort Hospital at Thrissur, where further development work is underway. Over the next two years, the group plans to establish new hospitals in Kerala developing large health cities in Kochi and Kozhikode, each with 800-bed capacities. The group's expansion blueprint includes setting up a fully equipped oncology and transplant centre in Kannur, along with a 350-bed hospital in Thrissur dedicated to advanced transplant services. In future plans, KIMS intends to acquire hospitals in Calicut and Trivandrum. In the distant future, it plans to explore possibility of opening one hospital in all districts of Kerala. All our units will mostly be asset light model.

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