Q4 results today: What to expect from Adani Ports & Apollo Hospitals

Adani Ports
Adani Ports is estimated to report 31% growth in its revenues to Rs 5,028 crore, while profit is likely to rise 80% to Rs 1,842 crore.

“We model 19%/31% YoY improvements in volumes/revenues, driven by a combination of organic volume growth, realization growth, and boost from Gangavaram volumes,” Kotak Institutional Equities said.

Meanwhile, underlying comparable volume growth is likely to be impacted by the weakness in country-level demand and export curbs.

Kotak is expecting a marginal 100 bps YoY reduction in EBITDA margin, assuming negligible low-margin SEZ income.

In the third quarter, Adani Ports reported a 16% fall in consolidated net profit at Rs 1,315 crore. Revenue from operations rose 17% YoY to Rs 4,786 crore in Q3.

The company will also consider and recommend the dividend for the financial year 2022-23.Apollo Hospitals
Apollo Hospitals’ net profit is expected to more than double year-on-year to Rs 241 crore, while sales are seen growing 25%.

“We expect healthcare revenues to grow 4% quarter-on-quarter on account of seasonality (despite slightly softer footfalls in January 2023) in 4QFY23. We build in 6% quarter-on-quarter growth in healthcare EBITDA, with the healthcare EBITDA margin at 25.4%. Consolidated EBITDA will continue to be impacted by higher marketing spends and discounting 24/7,” Kotak said.

Meanwhile, Motilal Oswal estimates store addition and higher sales from existing stores to drive 36% YoY growth in pharmacy sales.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)