GPT Healthcare IPO: The Good and The Bad

About the company

GPT Healthcare owns and operates several hospitals under the brand name ILS. It primarily focuses on secondary and tertiary care.

IPO details

Post IPO

Financial history

Key ratios

The Good

It is a relatively known brand in Eastern India. Note that the Eastern Indian market is comparatively underpenetrated compared to other regions.

The Bad

High competitive intensity. It faces stiff competition from players with higher bed capacity. The hospital business has high capital requirements.

Risk report

Is the company's net debt-to-equity ratio less than one? Yes. Its net debt-to-equity ratio, as of September 2023, was 0.4 times.

Thanks for Reading!

See More