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Shalby - Growth In Surgeries To Sustain; Implants To Ramp Up: ICICI Direct

Shalby - Growth In Surgeries To Sustain; Implants To Ramp Up: ICICI Direct

<div class="paragraphs"><p>Surgeon performing an operation on a patient. (Photo: Artur Tumasjan/ Source: Unsplash)</p></div>
Surgeon performing an operation on a patient. (Photo: Artur Tumasjan/ Source: Unsplash)

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ICICI Direct Report

Shalby Ltd. is a market leader in arthroplasty procedure with ~15% market share of all joint replacement surgeries by organised private corporate hospitals.

Diversification of arthroplasty and orthopaedics with cardiac science, oncology and neuro-science, additional 40% bed capacity available to support organic growth.

Re-establishment of implant business in core-markets while creating a platform to enter growth markets with goal of Rs 100 crore revenue in FY23.

Set on an inspirational target to achieve 2.5 times sales in the next three to five years on the back of expansion to 50 franchises in next three years, better occupancies and new service offerings (home care and Shalby Care cards).

Click on the attachment to read the full report:

ICICI Direct Shalby Company Update.pdf

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