Fiercely costly On offer at par with 1. FHL has approximately 1, inpatient beds in use across the network of 11 hospitals, with capacity to increase inpatient beds to approximately 1, In the nine months wscorts Decemberthe hospitals performed over 4, heart surgeries, 4, angioplasties barcelona independent escorts 12, angiographies.
During Fiscalit performed over 5, heart surgeries, 5, angioplasties and 15, angiographies.
FHL has raised around Rs About Rs crore are to be raised through debt. Strengths FHL se calgary escorts a good brand image in North India and can capitalise on it to attract patients as well as skilled and reputed doctors while expanding in the rest of the country. Increasing incidence of lifestyle diseases, medical insurance penetration, medical travel from other countries are growth drivers for the healthcare sector.
Yet, the company is making operating losses. All of them are well established and have run through their gestation periods.
It has preferred to appeal to the Supreme Court. In the nine months ended Decemberthere would have been an additional expense of Rs 6 crore, which has not been provided. Thus, the total value of the company would be around Rs crore.
But at the offer price band of Rs Rsit is valued at around Rs crore. On the other hand, Apollo Hospitals Enterprises, which is about 1. Besides, the sector is subject to government regulations.
This is partly due to scarcity premium arising from funds seeking exposure to the Indian healthcare sector. Apollo Hospitals is the only available stock.
Moreover, while Apollo Hospitals has a long track record of profitable growth, FHL has mounting losses to report. Thus, by all s, FHL should get much lower valuation than Apollo Hospitals, whose valuation itself looks high.