Narayana Hrudayalaya - Acquires 100 Bed Unit In Health City, Bangalore: Prabhudas Lilladher

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.Narayana Hrudayalaya Ltd. recently signed an agreement with Shiva and Shiva Orthopaedic Hospital to acquire its 100 beds Orthopedic and Trauma Hospital in Bengaluru on slump sale basis for Rs 2.8 billion (Rs 800 million to be recovered after four years). Though acquisition looks expensive, it will offer entire spectrum of services in Health City. We see limited impact on financials given small deal size, besides the said acquisition is in-line with guidance of Rs 10 billion capex as guided by management for FY23. We believe Narayana Hrudayalaya’s aggressive capex plans in India along with Cayman operations over next two-three years will enhance growth visibility beyond FY24. Additionally, company’s ability to generate healthy margins, profitability in new Cayman unit will be a key monitorable..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Narayana Hrudayalaya - Acquires 100 Bed Unit In Health City, Bangalore: Prabhudas Lilladher

Narayana Hrudayalaya - Acquires 100 Bed Unit In Health City, Bangalore: Prabhudas Lilladher

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