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Last Updated on: 21 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Healthcare Global Enterprises Ltd

About the Company - Healthcare Global Enterprises Ltd

Healthcare Global Enterprises Ltd. is a Public Limited Listed company incorporated on 12/03/1998 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L15200KA1998PLC023489 and registration number is 023489. Currently Company is involved in the business activities of Hospital activities. Company’s Total Operating Revenue is Rs. 851.96 Cr. and Equity Capital is Rs. 139.01 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Hospitals & Medical ServicesHCG Tower, No.8, P Kalinga Rao Road, Bengaluru Karnataka 560027investors@hcgoncology.com
http://www.hcgel.com
Management
NamePosition Held
Dr. B S Ajai KumarExecutive Chairman
Ms. Anjali Ajaikumar RossiExecutive Director
Ms. Geeta MathurNon Exe. & Ind. Director
Mr. Rajagopalan RaghavanNon Exe. & Ind. Director
Mr. Siddharth PatelNon Exe.Non Ind.Director
Mr. Amit SoniNon Exe.Non Ind.Director
Mr. Raj GoreWholeTime Director & CEO
Mr. Jeyandran VenugopalNon Exe. & Ind. Director
Mr. Pradip KanakiaNon Exe. & Ind. Director
Mr. Rajiv MaliwalInd. Non-Executive Director

Basic Stock Data of Healthcare Global Enterprises Ltd

Last Updated: June 20, 2024, 10:45 pm

Market Cap 5,388 Cr.
Current Price 388
High / Low401/306
Stock P/E137
Book Value 59.3
Dividend Yield0.00 %
ROCE8.83 %
ROE4.67 %
Face Value 10.0
PEG Ratio1.87

Healthcare Global Enterprises Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales248274298323352358365408420425442461487
Expenses218236259272292296301336345349365386402
Operating Profit30383951606263727576767485
OPM %12%14%13%16%17%17%17%18%18%18%17%16%17%
Other Income4-3-794143-433324533
Interest27292626232424252627262627
Depreciation40423838384141404141424143
Profit before tax-32-35-104-9142-461101011131118
Tax %16%2%-9%-40%30%-8%-145%76%47%63%57%65%40%
Net Profit-27-35-114-1399-5022546411
EPS in Rs-1.78-2.33-8.15-0.768.22-3.290.430.440.530.540.600.550.97

Healthcare Global Enterprises Ltd Quarterly Chart

Healthcare Global Enterprises Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2673384515195847008299761,0921,0091,3951,6911,814
Expenses2252924134434995957138649368871,1611,3941,503
Operating Profit4147387685105116112157122234297311
OPM %15%14%9%15%15%15%14%11%14%12%17%18%17%
Other Income4230-210251010-721101514
Interest242932343823427013811998104105
Depreciation2430363944577185148159158163167
Profit before tax-3-10-27303527-33-119-229884553
Tax %-8%-7%-20%-56%-730%34%38%7%-5%3%56%61%
Net Profit-3-11-32522317-31-125-221391824
EPS in Rs-0.56-1.54-5.210.12-0.172.592.36-2.82-12.03-15.433.872.112.66
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Healthcare Global Enterprises Ltd Profit & Loss Yearly Chart

Healthcare Global Enterprises Ltd Growth

Compounded Sales Growth
10 Years:16%
5 Years:14%
3 Years:24%
TTM:13%
Compounded Profit Growth
10 Years:13%
5 Years:29%
3 Years:33%
TTM:117%
Stock Price CAGR
10 Years:%
5 Years:19%
3 Years:27%
1 Year:24%
Return on Equity
10 Years:-3%
5 Years:-5%
3 Years:2%
Last Year:5%

Last Updated: June 17, 2024, 9:26 pm

Healthcare Global Enterprises Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital596768708586878889125139139139
Reserves152217196210341347428389293528731721719
Borrowings2173082923493244204646581,347977915901980
Other Liabilities77116133147294372461515518401433549581
Total Liabilities5057086887761,0431,2251,4401,6502,2462,0312,2182,3112,419
Fixed Assets3925085125285836858289701,6461,3821,5471,5531,626
CWIP0011421211481741534630221823
Investments0612064115349342691010
Other Assets112139164205275381385478520593641730760
Total Assets5057086887761,0431,2251,4401,6502,2462,0312,2182,3112,419

Healthcare Global Enterprises Ltd Reserves and Borrowings Chart

Healthcare Global Enterprises Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1931516073919898130121220252
Cash from Investing Activity -46-178-12-79-204-210-283-238-101-171125-133
Cash from Financing Activity 38140-27222168916184-58112-155-140
Net Cash Flow11-713285-29-24-56-3062190-22

Healthcare Global Enterprises Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days596543454354575962675765
Inventory Days323533363240464535323133
Days Payable163186193208264272274303234221199214
Cash Conversion Cycle-73-86-117-127-188-178-171-200-136-121-112-116
Working Capital Days16-4-20-44-72-90-73-92-7033-21-22
ROCE %6%4%1%7%6%7%6%3%1%-1%5%8%

Healthcare Global Enterprises Ltd Financial Efficiency Indicators Chart

Healthcare Global Enterprises Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters70.71%68.41%68.40%71.44%71.43%71.42%71.39%71.39%71.37%71.35%71.30%71.29%
FIIs6.34%6.42%7.24%7.03%6.99%7.22%7.27%7.18%6.37%6.47%6.29%6.37%
DIIs9.62%9.69%8.16%6.59%5.86%4.55%4.02%4.41%5.53%6.58%7.94%8.46%
Public13.33%15.48%16.19%14.94%15.73%16.81%17.32%17.04%16.71%15.59%14.49%13.89%
No. of Shareholders13,89115,06520,57322,36223,66323,01824,67228,70728,85825,93127,32727,289

Healthcare Global Enterprises Ltd Shareholding Pattern Chart

No. of Healthcare Global Enterprises Ltd Shareholders

Healthcare Global Enterprises Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Tax Saver Fund1,568,7430.4758.11751,0302024-06-19108.88%
Tata Mid Cap Growth Fund - Regular Plan751,0301.127.82751,0302024-06-190%
Nippon India Pharma Fund400,4320.2714.83751,0302024-06-19-46.68%
Taurus Flexi Cap Fund68,4080.922.54751,0302024-06-19-90.89%
Motilal Oswal Nifty Microcap 250 Index Fund40,0490.321.48751,0302024-06-19-94.67%
ITI Pharma and Healthcare Fund31,9510.921.18751,0302024-06-19-95.75%
Tata Equity Savings Fund - Regular Plan - Growth26,4000.780.98751,0302024-06-19-96.48%
Taurus ELSS Tax Saver Fund20,0001.180.74751,0302024-06-19-97.34%
Motilal Oswal S&P BSE Healthcare ETF3990.180.01751,0302024-06-19-99.95%
Groww Nifty Total Market Index Fund920.010751,0302024-06-19-99.99%

Healthcare Global Enterprises Ltd ROCE Trend

Healthcare Global Enterprises Ltd EPS Trend

Healthcare Global Enterprises Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.462.114.14-17.02-12.05
Diluted EPS (Rs.)3.432.103.97-17.02-12.05
Cash EPS (Rs.)15.4613.0214.29-4.913.98
Book Value[Excl.RevalReserv]/Share (Rs.)62.1162.4963.5756.9647.33
Book Value[Incl.RevalReserv]/Share (Rs.)62.1162.4963.5756.9647.33
Revenue From Operations / Share (Rs.)137.28121.58100.5580.84123.53
PBDIT / Share (Rs.)24.8822.4218.0311.4520.20
PBIT / Share (Rs.)12.3610.676.64-1.253.46
PBT / Share (Rs.)4.833.236.42-18.21-12.06
Net Profit / Share (Rs.)2.941.272.90-17.61-12.76
NP After MI And SOA / Share (Rs.)3.462.113.87-15.43-12.03
PBDIT Margin (%)18.1218.4317.9314.1616.35
PBIT Margin (%)9.008.776.60-1.542.80
PBT Margin (%)3.522.656.38-22.52-9.76
Net Profit Margin (%)2.141.042.88-21.78-10.32
NP After MI And SOA Margin (%)2.511.733.84-19.08-9.73
Return on Networth / Equity (%)5.823.416.17-27.74-27.98
Return on Capital Employeed (%)8.768.505.27-0.991.83
Return On Assets (%)1.771.262.42-9.50-4.73
Long Term Debt / Equity (X)0.580.420.410.491.39
Total Debt / Equity (X)0.810.460.460.591.63
Asset Turnover Ratio (%)0.760.500.460.310.40
Current Ratio (X)0.911.021.070.930.52
Quick Ratio (X)0.850.951.010.880.48
Interest Coverage Ratio (X)3.193.012.561.201.30
Interest Coverage Ratio (Post Tax) (X)1.341.170.44-0.060.17
Enterprise Value (Cr.)5119.823866.173975.482784.141294.95
EV / Net Operating Revenue (X)2.682.292.842.751.18
EV / EBITDA (X)14.7712.4015.8619.407.23
MarketCap / Net Operating Revenue (X)2.462.162.682.360.60
Price / BV (X)5.704.254.313.441.74
Price / Net Operating Revenue (X)2.462.162.682.360.60
EarningsYield0.010.010.01-0.08-0.16

Healthcare Global Enterprises Ltd Profitability Ratios (%)

Healthcare Global Enterprises Ltd Liquidity Ratios

Healthcare Global Enterprises Ltd Liquidity Ratios (%)

Healthcare Global Enterprises Ltd Interest Coverage Ratios (%)

Healthcare Global Enterprises Ltd Valuation Ratios

Fair Value

Fair Value: 386.98

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 0.26% compared to the current price 388

Intrinsic Value: 671.15

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 72.98% compared to the current price ₹388

Last 5 Year EPS CAGR: 73.43%

*Investments are subject to market risks

Strength and Weakness of Healthcare Global Enterprises Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -38.25, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -135.42, which is a positive sign.
  1. The stock has a low average ROCE of 4.42%, which may not be favorable.
  2. The company has higher borrowings (627.08) compared to reserves (405.54), which may suggest financial risk.
  3. The company has not shown consistent growth in sales (359.15) and profit (-13.08).

FAQ

What is the latest fair value of Healthcare Global Enterprises Ltd?

The latest fair value of Healthcare Global Enterprises Ltd is ₹386.98.

What is the Market Cap of Healthcare Global Enterprises Ltd?

The Market Cap of Healthcare Global Enterprises Ltd is 5,388 Cr..

What is the current Stock Price of Healthcare Global Enterprises Ltd as on 21 June 2024?

The current stock price of Healthcare Global Enterprises Ltd as on 21 June 2024 is ₹388.

What is the High / Low of Healthcare Global Enterprises Ltd stocks in FY 2024?

In FY 2024, the High / Low of Healthcare Global Enterprises Ltd stocks is 401/306.

What is the Stock P/E of Healthcare Global Enterprises Ltd?

The Stock P/E of Healthcare Global Enterprises Ltd is 137.

What is the Book Value of Healthcare Global Enterprises Ltd?

The Book Value of Healthcare Global Enterprises Ltd is 59.3.

What is the Dividend Yield of Healthcare Global Enterprises Ltd?

The Dividend Yield of Healthcare Global Enterprises Ltd is 0.00 %.

What is the ROCE of Healthcare Global Enterprises Ltd?

The ROCE of Healthcare Global Enterprises Ltd is 8.83 %.

What is the ROE of Healthcare Global Enterprises Ltd?

The ROE of Healthcare Global Enterprises Ltd is 4.67 %.

What is the Face Value of Healthcare Global Enterprises Ltd?

The Face Value of Healthcare Global Enterprises Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Healthcare Global Enterprises Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE