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APOLLOHOSP

Reputation: 642,713 • Nov 10, 2023 9:21 PM

There is room for us to take debt, but it is not required this year: Suneeta Reddy, Apollo Hospitals

“This year, there is no need for immediate cash infusion in Apollo HealthCo. It is being supported by Rs 130 crore of EBITDA coming from the backend pharmacy. So, there is cash for growth existing within the company and at the right valuation, we will look at a 10% dilution.”

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Apollo Hospitals is adding 1,100 beds this year and deploying Rs 1,300 crore of cash for expansion.
• The company is on track to achieve its target of Rs 3,000 crore GMV and breakeven is expected in 2026.
• Apollo Hospitals is not in a hurry to raise funds for its HealthCo business, but may consider a 10% dilution at the right valuation.
https://economictimes.indiatimes.com/markets/expert-view/...
#APOLLOHOSP 

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