KIMS - Dominant Regional Player With Execution Prowess: ICICI Securities Initiates Coverage

KIMS - Dominant Regional Player With Execution Prowess: ICICI Securities Initiates Coverage

College building of Krishna Institute of Medical Sciences. (Source: Company website)

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ICICI Securities Report

Krishna Institute of Medical Sciences Ltd. is one of the leading multi-disciplinary integrated private healthcare services provider in Andhra Pradesh and Telangana. It operates a chain of multispecialty hospitals with focus on tertiary and quaternary healthcare.

Company has a strong acquisitive history with a proven track record of execution. With recent acquisitions in Nashik and Nagpur, and proposed expansion in Bangalore and Maharashtra, KIMS has found a new growth lever in addition to strong foothold in its home markets. We are positive on the company’s long-term outlook considering:

  1. strong brand recall in its home markets of Andhra Pradesh and Telangana;

  2. expansion in adjacent geographies;

  3. strong execution and prudent capital allocation;

  4. healthy margins.

Click on the attachment to read the full report:

ICICI Securities Krishna Institute of Medical Sciences Initiating Coverage Note.pdf
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