Shalby Ltd (NSE:SHALBY)
₹ 161.87 +1.78 (+1.11%) Market Cap: 17.38 Bil Enterprise Value: 22.39 Bil PE Ratio: 50.22 PB Ratio: 1.73 GF Score: 88/100

Q4 2024 Shalby Ltd Earnings Call Transcript

May 29, 2024 / 11:30AM GMT
Release Date Price: ₹270.3 (+1.20%)

Key Points

Positve
  • Shalby Ltd (BOM:540797) reported a 15% increase in revenue and a 23% increase in EBITDA for FY '24.
  • The acquisition of a new hospital has expanded Shalby Ltd's network to 16 hospitals.
  • The Implant business showed significant progress, generating INR258 million in Q4 FY '24.
  • The company has a strong balance sheet with low gearing and positive net cash balance.
  • Shalby Ltd's Home Care business grew by 48% in FY '24, serving over 30,000 patients.
Negative
  • Sanar acquisition resulted in a negative EBITDA for Q4 FY '24.
  • The company's PBT margin decreased from 9.2% in Q4 FY '23 to 8.7% in Q4 FY '24.
  • There were delays in the Nashik and Mumbai Santa Cruz projects due to pending approvals.
  • The Implant business faced supply chain issues, requiring new vendor onboarding and regulatory approvals.
  • Q4 FY '24 EBITDA margins were slightly lower due to increased marketing expenses and doctor incentives.
Operator

Ladies and gentlemen, good day, and welcome to Shalby's Q4 FY '24 Earnings Conference Call hosted by Elara Securities Private Limited. [Operator Instructions]. Please note that this conference is being recorded.

I now hand the conference over to Dr. Bino Pathiparampil from Elara Securities. Thank you, and over to you, sir.

Bino Pathiparampil;India;Private Limited
Elara Securities

()

Thank you, Steve. A very good evening to all of you on the call. On behalf of Elara Capital, I, Dr. Bino Pathiparampil welcome you to the management call of Shalby Limited to discuss Q4 and FY '24 earnings and business outlook. .

We have the top management team of Shalby present in the call. I now hand over to Jigar Todi from the IR team of Shalby for opening remarks and taking it further. Over to you, Jigar.

Jigar Todi
Shalby Ltd - Investor Relations and Corporate Strategist

Thanks, Bino. Good evening, everyone. Our earnings presentation is uploaded on the stock exchange website and

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