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    Kovai Medical Center & Hospital Limited

    NABH-accredited 2,000-bed multi-speciality hospital chain based in Coimbatore, Tamil Nadu.

    Healthcare
    Healthcare
    ₹5,986
    +4.84% from avg

    Overview

    Price

    ₹5,986

    Market Cap

    ₹6.4k Cr

    Sector

    Healthcare

    Healthcare

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1111111111111111
    Reserves4204995987088781.1k1.2k1.3k
    Borrowings543623550511310415399403
    Other Liabilities134148184209240299328344
    Total Liabilities1.1k1.3k1.3k1.4k1.4k1.8k1.9k2.1k
    AssetsFixed Assets6431.0k1.1k1.1k1.1k1.3k1.3k1.5k
    CWIP3004552339154224135
    Investments00000001
    Other Assets165203253328282364406457
    Total Assets1.1k1.3k1.3k1.4k1.4k1.8k1.9k2.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating126166186262263344353362
    Cash from Investing-352-349-180-292-358-290-612-230
    Cash from Financing16011338-119-86-24362-58
    SummaryCapital Expenditure
    Free Cash Flow-151-10251631362061111
    FCF Margin

    Valuation

    Assumptions

    Current — KOVAI
    Price
    ₹5,986
    EPS (TTM)
    ₹223.40
    PE (TTM)
    26.8
    Profit growth
    28.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (14.0×) and current (26.8×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹5,986
    vs
    Fair value · 15% return
    ₹5,032
    16%Overvalued

    At 28.1% growth and a 14× exit, ₹5986 only delivers your return if you pay ₹5,032. The price is currently baking in 32% growth.

    EPS grows 28.1%/yr for 5 years, then fades to 6% over 2, exits at 14×.

    YearGrowthEPS (₹)
    FY2728.1%286.18
    FY2828.1%366.59
    FY2928.1%469.60
    FY3028.1%601.56
    FY3128.1%770.60
    FY3217.1% ·fade901.99
    FY336.0% ·fade956.11

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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