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Indraprastha Medical Corporation Ltd.

BSE: 532150 Sector: Health care
NSE: INDRAMEDCO ISIN Code: INE681B01017
BSE 00:00 | 15 Jan 57.10 0
(0.00%)
OPEN

58.50

HIGH

58.50

LOW

56.70

NSE 00:00 | 15 Jan 57.15 0
(0.00%)
OPEN

57.15

HIGH

58.00

LOW

56.65

OPEN 58.50
PREVIOUS CLOSE 57.10
VOLUME 22121
52-Week high 69.80
52-Week low 27.45
P/E
Mkt Cap.(Rs cr) 523
Buy Price 56.50
Buy Qty 316.00
Sell Price 57.30
Sell Qty 100.00
OPEN 58.50
CLOSE 57.10
VOLUME 22121
52-Week high 69.80
52-Week low 27.45
P/E
Mkt Cap.(Rs cr) 523
Buy Price 56.50
Buy Qty 316.00
Sell Price 57.30
Sell Qty 100.00

Indraprastha Medical Corporation Ltd. (INDRAMEDCO) - Chairman Speech

Company chairman speech

Dear Shareholders

At the outset allow me to mark the 35-year milestone of Apollo Hospitals - a journeythat began for me as a mission to bring top quality equitable healthcare of internationalstandards to Indians. Our commitment to that mission led by consistent and uncompromisingstandards in clinical practices quality measures and patient centric care has not onlyheralded the birth of an industry in the country but has also enabled us to setbenchmarks in healthcare delivery as a whole. I am proud that Indian private healthcare isable to serve two-thirds of the Indian population today as well as people from more than120 countries seeking better healthcare options.

Apollo Hospitals Group is the only global institution with presence in every facet ofthe healthcare eco-system encompassing curative health pharmacies retail healthdiagnostics telehealth home health as well as preventive health and wellness medicaleducation and skill development not to mention health insurance and over 3400pharmacies. We have touched over 120 million people through our eco-system led by ourhallmark clinical excellence tendered with care compassion and cost benefit - anachievement which no other private institution can claim. Dr. HJ Morowitz Professor atthe Yale University analyzed various parts of the body and its functions and pegged thevalue of its creation at six trillion dollars. Such a priceless body needs strong guidanceto protect its health and well-being.

I feel extremely privileged that in February this year the Honourable Governor ofTamil Nadu Shri Banwarilal Purohit launched a Postal Stamp to mark our pioneeringefforts in the area of Preventive Healthcare in India. The Master Health Check which wepioneered is a great tool to help people in the pursuit of wellness. It can pick upabnormal health parameters and help in early diagnosis of potential health problems. I amhappy to tell you that we have completed over 20 million checks till date. Over the yearsthe Postal Department of India has honoured us with four stamps to mark ourachievements-something that no other hospital in the world can claim.

Non Communicable Diseases or NCDs which include diabetes cardiac strokes infectionsand cancer are soon going to become a major challenge to the physical health and economicsecurity of many lower and middle income people. I would like to add two recentlyrecognized conditions to this list —Obesity and Sleeplessness. The World EconomicForum has predicted that 80% of deaths by the end of this decade will be from NCDscreating a global cost burden of 30 trillion dollars. India's share in this will be astaggering 4.8 trillion dollars; more than 50% of the GDP. I call this a Tsumani. In ourexperience we have realized that early detection is important and NCDs can be preventedor reversed. But we need to take good care of our precious bodies. At Apollo we have madeit our Mission to carry the message of prevention and early detection countrywide andoverseas also.

In this regard we have launched ProHealth a three-year health and wellness programmefor our 80000 plus members of the Apollo family and their dependents a total of 200000people. The programme facilitates early detection and healthy living through healthguides online tools and call doctors. On completion of the program

I plan to send each one a cake to celebrate their health and happiness. I urge captainsof industries to extend this beneficial programme to all their employees so that thecommunity as a whole can celebrate health and happiness.

I firmly believe when India takes the lead the world will follow.

We have since inception underpinned our clinical excellence with superior technologyin every discipline comparable to any hospital in the world. Our most recent addition ofthe multi-room Proton Centre in Chennai will serve patients not just in India but alsofrom other countries that do not have this facility. The credibility of the Apollo

brand and the cost of treatment which is less than one- third of international pricesattract many medical value travelers to our hospitals and our highly skilled team ofmedical surgical and radiation oncologists and physicists. Our facilities are equippedwith the latest technology to enable them in their diagnoses and treatments. This spiritpervades our 70 hospitals and 170 Clinics.

Our Cardiac Institutes have consistently produced outcomes on par with the besthospitals in the world. The Institutes have completed over 170000 coronary bypasssurgeries and are the single largest establishment for minimally invasive cardiacsurgeries. We have completed over 50000 CABGs just in Chennai.

We continue to focus on growing our Centers of Excellence with a view to strengtheningour leadership position in key specialties in all our geographies. NeurosciencesOrthopaedics Emergency and Critical Care are identified as COEs in addition to CardiacOncology and Transplants. Our COE focus spans the entire spectrum of care starting withthe best talent latest technology cutting-edge protocols differentiated product andservice portfolio and benchmarked clinical outcomes.

We opened our 3400th pharmacy store this fiscal. The pharmacy business nowcontributes 39% to our topline. Our retail business has a robust network of birthingcentres primary clinics dental clinics sugar clinics dialysis centres and diagnosticlabs; we remain the leading retail healthcare provider in the country.

The Indian government made a landmark move to launch ‘Ayushman Bharat' — theUniversal Health Insurance scheme. This resonates with my own personal sentiment that"health is a global right and a global duty". Our PPPs in this regard standtestimony to our commitment to bring affordable healthcare of superior standards to everyfellow Indian. We have partnered with several state governments and leveraged technologyto improve access to healthcare for the under-served in remote rural areas of our country.

Through initiatives like TeleHealth and TeleMedicine we are able to run diagnosticsand provide specialized consultations for appropriate treatments creating innovativeservice delivery models for primary secondary and tertiary care.

We piloted our efforts in population health and well-being in Aragonda village mybirth place in Chittoor district (AP) in 2013 to fight the onset of Non CommunicableDiseases. The initiative Total Health provides "Holistic Health Care" for thecommunity starting from birth into childhood adolescence adulthood and in the lateryears of life. Today the program covers the whole of Thavanampalle Mandal with 170 hamletsand 60000 people and the results are extraordinary. I am proud to announce that ApolloHospitals in Aragonda has performed 150 Knee Replacement surgeries - the first hospital inIndia to do so in a remote village.

On the 24th of February Shri Ram Nath Kovind the Honorable President ofIndia inaugurated our Multi Specialty Hospital in Lucknow — ApolloMedics. This marksour 70th Hospital with a capacity of 330 beds.

I am delighted to tell you that this year we have received 44 awards and accolades inIndia and abroad in recognition of our commitment towards patient centricity clinicalexcellence and innovation. We were also awarded the No 1 rank among Indian hospitals forthe 16th year in a row by The Week magazine a true testimony to ourconsistency in delivering superior quality healthcare to or patients.

The future of healthcare is dawning on us. A future in which the global health caresystems will focus on keeping people well-not just curing them when they are ill; wheretechnology-enabled care will be available when and where people need it; where drugs anddevices are personalized and based on an individual's needs; and where people understandthe cost value and impact of their options for care. The use of Artificial Intelligencein diagnostics for example genomic sequencing is fast gaining ground. The opportunityfor us to shape this future is promising and rich. We have partnered with prominent globalenterprises to create viable avenues to make healthcare delivery more efficient andsophisticated and to cater to the evolving needs of our patients.

The success of Apollo Hospitals has always been about teamwork. We want to place onrecord my sincere appreciation and gratitude for all the hard work my Apollo family hasput in to bring us to where we are today. We earnestly ask you to continue in that stridefor I am confident that together we can deliver value to all our stakeholders —patients investors and the community we serve.

I personally place on record my appreciation for our Board Members and investors forthe trust they have placed on us. I look forward to that in the coming years as we moveforward to achieve our goals.

Our steadfast goal is to bring down the huge burden of NCDs through our comprehensivepreventive health programme. Always remember that your body is priceless and it is yourduty to maintain and preserve it towards your Health and Happiness.

Stay Healthy and my warm personal regards to all of you

Dr. Prathap C. Reddy

Founder Apollo Hospitals Group

.