Apollo Hospitals Enterprise - Apollo's Healthcare Could Be Your Wealthcare

Apollo Hospitals Enterprise Ltd (AHEL) is a prominent integrated healthcare services provider. It boasts a widespread presence across the healthcare ecosystem, including hospitals, pharmacies, primary care, and diagnostic clinics, as well as numerous retail health models.

The group also operates telemedicine units across 10 countries, health insurance services, global projects consultancy, medical colleges, medvarsity for e-learning, colleges of nursing and hospital management, as well as a research foundation. The company derives revenues from two major segments in the standalone accounts, namely – healthcare services, i.e. hospitals, and standalone pharmacies. Meanwhile, in the consolidated accounts, other reporting segments include hospital revenues from JVs/subsidiaries and associates, Apollo Munich health insurance JV, and Apollo Health and Lifestyle Ltd. (AHLL), which is the retail healthcare business of Apollo Hospitals.

Industry Overview

The healthcare market in India is experiencing a growing demand on the back of greater income levels, rising healthcare awareness, lifestyle diseases and increasing access to insurance. Telemedicine is a fast-emerging trend in India. Major hospitals such as AHEL, AIIMS and Narayana Hrudayalaya have adopted telemedicine services and entered into a number of public-private partnerships (PPPs). The Indian government is playing an active role in the proliferation of the healthcare sector. Single specialty hospitals and clinics are growing rapidly across the nation. ‘Budget hospitals’ are cropping up, particularly in South India, to meet the demand for quality healthcare and good medical facilities at affordable prices. Medical tourism is growing, particularly from sub-Saharan countries.

Financial Performance