{"id":27595,"date":"2024-05-24T10:57:47","date_gmt":"2024-05-24T05:27:47","guid":{"rendered":"https:\/\/pinkcitynow.com\/index.php\/2024\/05\/24\/unihealths-consolidated-fy24-pat-up-by-36-percent\/"},"modified":"2024-05-24T10:57:47","modified_gmt":"2024-05-24T05:27:47","slug":"unihealths-consolidated-fy24-pat-up-by-36-percent","status":"publish","type":"post","link":"https:\/\/pinkcitynow.com\/index.php\/2024\/05\/24\/unihealths-consolidated-fy24-pat-up-by-36-percent\/","title":{"rendered":"Unihealth\u2019s Consolidated FY24 PAT Up By 36 Percent"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], May 24:<\/strong> UniHealth\u00a0Consultancy Limited.\u00a0(NSE \u2013 UNIHEALTH),\u00a0a global healthcare service provider,\u00a0announced\u00a0Audited\u00a0Financial Results for\u00a0H2\u00a0& FY24\u00a0and\u00a0incorporation of subsidiary company\u00a0\u2018UMC Hospitals\u00a0Private Limited\u2019.<\/p>\n

Key Financial Highlights<\/strong><\/p>\n

Key Consolidated Financial Highlights FY24<\/p>\n

\u2022\u2002Total Revenue of\u00a0\u20b9\u00a050.35 Cr, YoY growth of 9.39 %<\/p>\n

\u2022\u2002EBITDA of\u00a0\u20b9\u00a019.16 Cr, YoY growth of 21.79 %<\/p>\n

\u2022 \u00a0EBITDA Margin of 38.06 %, YoY growth of 388 Bps<\/p>\n

\u2022\u2002PAT of\u00a0\u20b9\u00a010.39 Cr, YoY growth of 35.64 %<\/p>\n

\u2022\u2002PAT Margin of 20.63 %, YoY growth of 399 Bps\u00a0<\/p>\n

\u2022\u2002EPS of\u00a0\u20b9\u00a07.67, YoY growth of 10.52 %<\/p>\n

Key Consolidated Financial Highlights H2 FY24<\/strong><\/p>\n

\u2022\u2002Total Revenue of\u00a0\u20b9\u00a027.50 Cr, growth of 20.33 %<\/p>\n

\u2022\u2002EBITDA of\u00a0\u20b9\u00a011.32 Cr, growth of 44.31 %<\/p>\n

\u2022\u2002EBITDA Margin of 41.16 %, growth of 684 bps<\/p>\n

\u2022\u2002PAT of\u00a0\u20b9\u00a06.09 Cr, growth of 41.66 %<\/p>\n

\u2022\u2002PAT Margin of 22.14 %, growth of 333 bps<\/p>\n

\u2022\u2002EPS of\u00a0\u20b9\u00a03.94, growth of 6.78 %<\/p>\n

Other Financial Highlights:<\/strong><\/p>\n

\u2022 The company\u2019s long-term borrowings reduced from \u20b936 Cr to \u20b914 Cr, accompanied by decrease in the debt-to-equity ratio from 1.45 times in FY23 to 0.18 times in FY24.<\/p>\n

\u2022 Interest Service coverage ratio surged from 3.25 times to 5.18 times in FY24, reflecting improved capability to service debt obligations.<\/p>\n

\u2022 Operating cash flow increased to \u20b94.56 Cr in FY24 from \u20b91.33 Cr in FY23, reflecting enhanced operational efficiency.<\/p>\n

\u2022 With Uganda contributing to 60%, India 16%, Nigeria 12%, UAE 10%, and Tanzania 2%, Unihealth\u2019stotal revenue stood at \u20b950 crores<\/p>\n

Recent Update of Unihealth Consultancy Limited:<\/strong><\/p>\n

The Company recently announced a significant development with the incorporation of its subsidiary company, \u2018UMC Hospitals Pvt Ltd\u2019, on May 22, 2024. This expansion marks a strategic move for UnihealthConsultancy Limited into the healthcare sector within India and providing healthcare services to the Indian populace.<\/p>\n

<\/a>Commenting on the performance, Dr. Akshay Parmar, Founder & Managing Director of UniHealthConsultancy said, \u201cReflecting on UniHealth Consultancy\u2019s performance in the second half and FY24, I\u2019m proud to see how the dedication of our Team to service delivery, innovation and strategic partnerships is driving forward the Company\u2019s vision and helping it achieve continued growth. The notable improvement in our margins underscores the industry\u2019s dynamic nature, where innovation and collaboration are crucial to address the evolving healthcare needs.<\/p>\n

Investments made by the Company to upgrade its infrastructure and develop key specialties like Orthopaedics and Spine as Centres of Excellence underscore our commitment to our patients and their care. Initiatives like the UniHealth \u2013 MAI Medical Travel Program and expansion of our distribution partnerships like the one with Fixderma India align with our mission to make a positive global healthcare impact.<\/p>\n

Our presence in Africa demonstrates our ongoing dedication to improving healthcare standards. We\u2019re diligently tailoring services to meet the unique needs of African communities, as seen across our existing units in Uganda, Nigeria and Tanzania. The growth in our consultancy services vertical highlight the trust placed in the Company by its partners and clients globally.<\/p>\n

In the coming financial year, UniHealth is poised for further growth and diversification. The Company will be commissioning specialized services like IVF, ophthalmology, and cardiology at its existing hospitals in Uganda and Nigeria and expanding its operations in Tanzania and India. The Company has incorporated subsidiaries in India (UMC Hospitals Private Limited) and Mauritius (Unihealth Holdings Limited) in furtherance of the same and plans to increase its commissioned bed capacity by 150-250 beds by setting up UMC Hospital facilities in Tanzania and India before the end of FY 2024-25. The manufacturing unit planned by the Company in Mwanza (Tanzania) is also set to be commissioned for commercial production during this financial year, underscoring the Company\u2019s commitment to delivering high-quality healthcare services worldwide.\u201d<\/p>\n

Highlights for H2 FY24 (October 2023 \u2013 March 2024)<\/strong><\/p>\n

\n\n\n\n\n\n\n
Launched\u00a0the\u00a0UniHealth\u00a0\u2013 MAI Medical Travel Program<\/td>\nUniHealth\u00a0and Myanmar Airways International have partnered to promote medical tourism from Myanmar to India, offering personalized healthcare services and discounted airfare.<\/td>\n<\/tr>\n
UniHealth\u00a0Pharmaceuticals partners with\u00a0Fixderma\u00a0India<\/td>\nUniHealth\u00a0Pharmaceuticals has partnered with\u00a0Fixderma\u00a0India to distribute premium skincare products across Africa, aiming to improve skincare standards and accessibility.<\/td>\n<\/tr>\n
Unihealth\u2019s\u00a0Healthcare Consultancy Partnership in Kenya<\/td>\nThe Company partnered with North Coast Healthcare Solutions to provide design consultancy for Links Hospital, a 200-bed multi-specialty facility in Mombasa, Kenya, focusing on project planning, architectural design, and sustainability.<\/td>\n<\/tr>\n
Successful Spine & Orthopaedic Surgical & OPD Camp at UMC\u00a0ZhahirHospital.<\/td>\nEminent surgeons conducted successful spine and\u00a0orthopedicsurgeries, including TLIF and total hip replacements, and offered free consultations to over 200 patients at UMC\u00a0Zhahir\u00a0Hospital over four days.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], May 24: UniHealth\u00a0Consultancy Limited.\u00a0(NSE \u2013 UNIHEALTH),\u00a0a global healthcare service provider,\u00a0announced\u00a0Audited\u00a0Financial Results for\u00a0H2\u00a0& FY24\u00a0and\u00a0incorporation of subsidiary company\u00a0\u2018UMC Hospitals\u00a0Private Limited\u2019. Key Financial Highlights Key Consolidated Financial Highlights FY24 \u2022\u2002Total Revenue of\u00a0\u20b9\u00a050.35 Cr, YoY growth of 9.39 % \u2022\u2002EBITDA of\u00a0\u20b9\u00a019.16 Cr, YoY growth of 21.79 % \u2022 \u00a0EBITDA Margin of 38.06 %, YoY growth of…<\/p>\n","protected":false},"author":1,"featured_media":27596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[649,648],"class_list":["post-27595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"_links":{"self":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/posts\/27595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/comments?post=27595"}],"version-history":[{"count":0,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/posts\/27595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/media\/27596"}],"wp:attachment":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/media?parent=27595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/categories?post=27595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/tags?post=27595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}