Yes, both the top and bottom lines have performed better than expected. This quarter’s margin improvement may be attributable to both the education and healthcare segments equally. This also suggests that the education sector had a disproportionate impact.
However, now that the fifth batch has entered, the education segment may not increase significantly in the next years. The only other levers in this segment are fee revision by the state government and the addition of MD seats (what does it take to obtain this permission?).
In Healthcare segment both the hospital’ number are given together. Difficult to know which part has improved. Given the numbers in the attachment, medical college bed occupancy and uses of other facilities is good now. But seems average stay days has to reduce. We cannot expect medical college bed to earn much but it being new facility there should be scope for further improvement (in additional to inflation) from here onward for few years.
clinical_material.pdf (266.9 KB)
With 250 crores of free cash flow currently, key monitorable will be how they invest it.
Disc: Invested
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