The mission to nurture health and protect priceless lives was at the core of ourgenesis in 1983; it is the reason we exist today. I told you earlier that the human bodyis Priceless; it is exactly for this reason that we at Apollo Hospitals Value Life.Patients from over 120 countries visit our Hospitals every year and our Group has touchedover 45 million lives in the last 33 years. This incredible journey has taught us weshould stop at nothing to do what we can to protect our patients health and wellbeing. We believe that we have a responsibility to help them fight the pain of disease andto give them the most appropriate treatment to put them on the road to recovery.
For over three decades we have been inspired by the dream of a healthy India. We havetaken several transformative steps towards this goal. Our drive is powered by our deeprespect for the power of good health and the miracle of the human body. Without goodhealth we know that life stands on a brittle foundation. We therefore seek to educatepeople on the importance of Preventive Health to protect them from a potentiallyuncontrollable disease burden.
Our commitment to health and our philosophy of valuing lifeour defininglegacyis epitomized by our every day practices and performance. Our Hospitals haveled landmark changes in the Indian Healthcare ecosystem through differentiated offeringsbe it initiatives which benchmark our clinical excellence our Preventive Healthprogramme our clinical protocols and pathways with best in class outcomes or patientcentric care giving.
In the early eighties world-class medical treatment meant access to exorbitantly highpriced healthcare in the western world. The wheel has turned a full circle; today weoffer healthcare in India that is as good as any in the world at a fraction of the price.Patients from western countries regularly come to our hospitals for complex medicalprocedures.
At Apollo we have always believed the pursuit of excellence to be a relentless seriesof short races. To excel continuously means we have to win consistently. Today ApolloHospitals is one of the largest and most trusted integrated healthcare providers in Asia.At the core of this achievement is our patient-centric approach and our strong commitmentto the highest standards of ethics. Every initiative of the Apollo Group is measured bythe value we are adding to patient experience.
This focus inspired us to launch The Apollo Standards of Clinical Care (TASCC) whichembodies the highest standards of clinical care and patient safety. Apollo Hospitals is apioneer of Tender Loving Carea revolution in caregiving to make our hospitals warmand friendly for the patients and their families. Globally the healthcare sector isgetting disrupted through emerging digital trends and India is no exception to this.
We are rolling out a well thought out strategy to leverage technology towards enhancingcustomer experience and loyalty analytics patient outreach and access tele-medicine ande-consults. Technology also affords us a new way of thinkingit brings with it thepower of collaboration and enhances our efforts to fight the scourge of Non CommunicableDiseases (NCDs) in India. One important initiative in this regard is the concept ofPreventive Healthcare. Apollo pioneered the concept of a Preventive Health Check more than3 decades ago. That experience helped us to launch the Apollo Personalised HealthChecka comprehensive personalized diagnostic solution based on the fact that eachpersons health is as distinctive as his DNA. Our focus on integrated healthcare aimsat providing patients a common easily accessible platform for all their healthcare needs.
Our incisive thrust on super-specialization is to enable cutting-edge treatment for ourpatients. The Apollo Institutes of Robotic Surgery have successfully performed complexrobotic surgeries on over 3000 adults and 80 children so far using the da Vinci Roboticsystem-the worlds most cutting edge solution in clinical robotics. Apollo Hospitalsis now poised to be the first provider of the revolutionary Proton Beam Therapy in India.This milestone is one of the many firsts that Apollo Hospitals has brought tothe Indian healthcare ecosystem.
I am happy to inform you that Apollo Hospitals Chennai performed an extraordinarymedical feat when the team harvested 23 valuable organs from five brain dead donors in2015. Thereafter five liver transplants one heart transplant and four kidney transplantswere conducted at our hospitals and the rest of the organs were transported to needyrecipients in other hospitals. The entire event was managed smoothly and efficiently.
Building a healthy India is a long journey full of challenges at every step. At ApolloHospitals our approach to healthcare is shaped by one powerful truth- Life is preciouslife is Priceless. The value we have for the miracle of human life inspires us to stretchour boundaries to the maximum possible. It provides us the moral compass to do things asbest as we can in the best way possible for the patient. The mission to touch livesdeserves nothing less.
In line with our stated objective of enhancing healthcare access we have added elevenhospitals and created additional capacity of over 1700 beds in the last 36 months. Wealso acquired a running profitable 210 bed hospital in Guwahati during the year toconsolidate our presence in the North Eastern region where we already have strong brandequity. Further in the coming three years we will be adding another 1000 beds acrossthree new hospitals. During the recent unprecedented flooding in Chennai our doctors andsupport staff worked round the clock at all our hospitals to ensure that quality care wasprovided without interruption to all our patients. We have had another good financial yearwith consolidated annual revenues growing 18% to Rs 60.86 billion and consolidated netprofits of Rs 3.3 billion. Consolidated EPS for the year stood at Rs 23.79. We declared a120% interim dividend of Rs 6.00 per share for the fiscal year 2016.
The Standalone Pharmacy business witnessed a 31% growth in revenues while the EBITDAmargins have expanded to 3.6% in FY 16. We now have a total of 2326 stores and the Heteroacquisition is fully integrated. Our success on this front has been as a result of acombination of various factors including the maturity of the store networkrationalization of loss making stores and a gradual increase in the proportion of privatelabels in the product mix. Before concluding I would like to welcome opportunities tocollaborate with the Government on initiatives which would further the objectives ofensuring universal health access for Indias citizens. I wish you and your familiesall the very best of health and thank each and every stakeholder for their continuedsupport belief and trust.
With warm personal regards
Dr. Prathap C Reddy
Apollo Hospitals Group