Apollo Hospitals Reports Strong Q2 Growth with Significant Profit Increases and High Cash Flow

Apollo Hospitals Enterprise has recently undergone an adjustment in evaluation, reflecting the company's ongoing performance and market position within the Hospital & Healthcare Services industry. The company has reported very positive financial results for the quarter ending September 2024, showcasing a notable annual growth rate in operating profit of 19.43% and a net profit increase of 28.29%. This consistent performance is underscored by positive results over the last four consecutive quarters.
Key financial metrics indicate that Apollo Hospitals has achieved its highest operating cash flow at Rs 1,920.20 crore and net sales reaching Rs 5,589.30 crore. The operating profit to interest ratio stands at 6.94 times, highlighting the company's robust financial health. Additionally, the return on capital employed (ROCE) is recorded at 16.9, suggesting a fair valuation relative to its enterprise value to capital employed ratio of 8.5.

Despite a sideways technical trend, the stock has demonstrated resilience with a market cap of Rs 98,126 crore, making it the second largest player in its sector, contributing significantly to the industry with annual sales of Rs 20,469.40 crore. The company maintains high institutional holdings at 65.47%, reflecting strong confidence from sophisticated investors.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.