Hi , TPA mediassist healthcare is up for IPO being first of its kind in stock market I think a healthy discussion would be welcome to discuss the sector. Company has more than 40% market share with presence in almost all hospitals and working for all health insurance companies.
Ratios of company is also comfortable:
Avg ROCE (3yrs) – 22 %
ROE- 19%
EBDITA- 21%
Debt negligible
Premium wise it controls more than 50% of total market share
Revenue of company is 500Cr + (25% CAGR since 2021)
With increase in health insurance awareness and increasing organized sector employments revenue in sector will increase
But , the commsion %age has decreased to 3.3% due to competition.
Huge tech spending required along with staff cost.
Can any friend having knowledge of sector throw some more light on it
(Very new to Valuepickr hence may not know the unsaid rules of flow of writing)
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