Telemedicine Market – India May 2014
Executive Summary Market Overview
Drivers & Challenges
Government Initiatives
The Indian telemedicine market is currently valued at INR x1 mn and is expected to attain a CAGR of x2% to reach INR x3 mn by 20- Primarily, factor1 is considered to be the most appropriate business model for the Indian telemedicine market Product1 is one of the most expensive yet competitive telemedicine service segments in India Drivers:
Challenges:
Favorable demographics Continual improvement in connectivity Shortage of healthcare professionals in rural areas Increasing ageing population
Weak ecosystem for stakeholders Implementation Issues
Initiative1 Initiative2 Initiative3 Initiative4 Key Players
Competitive Landscape
Fortis Healthcare Ltd.
HealthFore Technologies Ltd.
Polycom Inc.
Apollo Telehealth Services
Teleradiology Solutions
Televital India
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•Macro Economic Indicators
•Introduction •Market Overview •Government Initiatives
•Drivers and Challenges •Competitive Landscape •Market Opportunity
•Strategic Recommendations •Appendix TELEMEDICINE MARKET IN INDIA 2014.PPT
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Economic Indicators (-/-) GDP at Factor Cost: Quarterly
INR tn 15 14 d1 c1 13 b1
d2 c2 b2 a2
12 a1
c4 b4 a4
c3 b3 a3
11 Q1
Q2 2010-11
Q3 2011-12
2012-13
Q4
2013-14
Inflation Rate: Monthly %
2.0
p
1.5
s q
1.0
t r
0.5 0.0 Jun 2013 - Jul 2013
Jul 2013 - Aug 2013
Aug 2013 - Sep 2013
Sep 2013 - Oct 2013
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Oct 2013 - Nov 2013 4
Telemedicine - Overview
Segment1
Segment2
Telemedicine
Segment3
Segment4
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Telemedicine is following a healthy growth rate and is expected to garner momentum in the coming years Telemedicine Market – Overview (-/-) • Indian telemedicine market is currently at its early stage, however has tremendous potential to unfold in the years to come • The market has been constantly under the facility1 as a result of which result1 occurred which in turn has resulted in tremendous growth opportunities • The overall healthcare industry shells out an amount close to INR x1 bn on a yearly basis, out of which telemedicine accounts for approximately x2%
• Primarily, factor1 is considered to be the most appropriate business model for the Indian telemedicine market In the business model, element1 can be provided by element2, whereas the element3 can cater to the healthcare factor2
Telemedicine – Market Size & Growth INR mn a6
+y% a1
20--
a2
20--
a3
20--
a4
20--
a5
20--
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Government Initiatives - Summary
Intitiative1
Intitiative2
Initiatives
Intitiative3
Intitiative4
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Drivers & Challenges – Summary
Drivers
Challenges
Favorable Demographics
Weak Ecosystem for Stakeholders
Continual Improvement in Connectivity
Implementation Issues
Shortage of Healthcare Professionals in Rural Areas INCREASING AGEING POPULATION
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Porter’s Five Forces Analysis
SAMPLE
Threat of New Entrants • Text text text text text text text text text text text text text text text text text text text text text text text text text
Impact Medium Bargaining Power of Suppliers • Text text text text text text text text text text text text text text text text text text text text text text text text text
Impact Medium
Impact Medium Competitive Rivalry • Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
Threat of Substitutes • Text text text text text text text text text text text text text text text text text text text text text text text text text
TELEMEDICINE MARKET IN INDIA 2014.PPT
Impact High Bargaining Power of Buyers • Text text text text text text text text text text text text text text text text text text text text text text text text text
Impact Low
9
Competitive Benchmarking (-/5) Key Ratios of Top 4 Companies – Operational Basis (FY 2013) (1/3)
Operating Margin
% b1
SAMPLE Net Margin d1
c1 c2
a1 a2
d2
b2
0 company1
company2
company3
company4
• Company1 recorded operating margin of -%, higher than that of company2, company3 and company4 which recorded operating margin of -%, - and -% respectively • Thermax however recorded the highest net margin of -% higher than that of Ion Exchange, SPML and Va Tech Wabag which recorded net margins of -%, -% and -% respectively
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Public: Domestic Company – Company 1 (1/4) Company Information
SAMPLE Offices and Centres – India
Corporate Address Tel No. Fax No. Website Year of Incorporation Ticker Symbol Stock Exchange
Head Office
Products and Services
Category Sectors (EPC)
Products/Services
Key People Name
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Designation
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Public: Domestic Company – Company 1 (2/4)
SAMPLE
Financial Snapshot
Key Ratios
Total Income
Net Profit/Loss
Particulars
INR bn
INR bn s1
t1
s2 t2
s4 s3 t3 t4
0 2010
2011
2012
2013
Financial Summary
y-o-y change (2013-12)
2013
2012
2011
2010
Profitability Ratios Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets
Cost Ratios • The company incurred a net loss of INR - bn in FY 2013, as compared to net profit of INR - bn in FY 2012 • The company reported total income of INR - bn in FY 2013, registering a decrease of -% over FY 2012 • The company earned an operating margin of -% in FY 2013, a decrease of percentage points over FY 2012 • The company reported debt to equity ratio of - in FY 2013, an increase of % over FY 2012
Market Capitalization (INR mn) Total Enterprise Value (INR mn) EPS (INR) PE Ratio (Absolute)
Liquidity Ratios Current Ratio Cash Ratio
Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio
Key Financial Performance Indicators Indicators
Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales)
Value (17/01/2014)
Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover Improved
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Decline
12
Public: Domestic Company – Company 1 (3/4)
SAMPLE
Key Business Segments
Key Geographic Segments
Construction and Engineering
India
e1
e2
e3
e4
f1
f2
f3
f4
2010
2011
2012
2013
g1 0%
0% 2013
Overseas
Business Highlights
Description
News • Text text text text text text text text text text text text text text text text text text text text text text text
Overview
text text text text text text text text text text text text text text
• Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
Extensive Product Portfolio
• Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
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SAMPLE
Public: Domestic Company – Company 1 (4/4)
S
W
O
T
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SAMPLE
Private: Domestic Company – Company 2 (1/5) Company Information
Offices and Centres – India
Corporate Address
Tel No. Fax No. Website Ahmedabad
Year of Incorporation
Head Office Products and Services Category Water and Wastewater Management
Products/Services Key People Name
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Designation
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SAMPLE
Private: Domestic Company – Company 2 (2/5) Shareholders of the Company as on 28.09.2012
Name
Ownership Structure
No. of Shares held
Corporate Bodies
Foreign holdings
Doshion Private Ltd. Veolia Water Solutions & Technologies
30%
Total
70%
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SAMPLE
Private: Domestic Company – Company 2 (3/5) Financial Snapshot
Key Ratios
Total Income
Particulars
Net Profit/Loss
INR mn
INR mn u4 u2 u1
v4
v1
v2
u3 v3
2010
2011
2012
0
2013
Financial Summary
2011
2010
Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets
Cost Ratios Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales)
Liquidity Ratios
• The company reported total income of INR - mn in FY 2013, registering an increase of -% over FY 2012
Leverage Ratios
• The company reported debt to equity ratio of - in FY 2013, a decrease of -% over FY 2012
2012
Profitability Ratios
• The company earned a net profit of INR - mn in FY 2013, as compared to net loss of INR - mn in FY 2012
• The company earned an operating margin of -% in FY 2013, an increase of - percentage points over FY 2012
y-o-y change 2013 (2013-12)
Current Ratio Cash Ratio Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio
Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover Improved
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Decline
17
SAMPLE
Private: Domestic Company – Company 2 (4/5) Business Highlights
Description
News • Text text text text text text text text text text text text text text text text text text text text text text text
Overview
text text text text text text text text text text text text text text
• Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
Extensive Product Portfolio
• Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
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Private: Domestic Company – Company 2 – SWOT Analysis (5/5)
SAMPLE
S
W
O
T
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Telemedicine companies can leverage the wide opportunities created by factor1 Market Opportunities • text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text • text text text text text text text text text text text text text text text text text text text text text text text text text
Factor2 Infrastructure
Infrastructure1
Infrastructure2
x4%
x1% text text text
text text text, text text text text text
text text text text text
x2%
text text text text, text text text text text
Infrastructure3
x5%
Factor3
text text text text text text text text
x6% text text text text
x3%
text text text text text text text text text
text text text text text text text text text text text text text text text TELEMEDICINE MARKET IN INDIA 2014.PPT
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Strategic Recommendations (-/-) •Companies need to focus on specific1 and specific2 early to leverage on specific3
Recommendation1
Recommendation2
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Appendix Ratio
Calculations
Ratio
Calculations
Operating Margin
(Operating Income/Revenues)*100
Current Ratio
Current Assets / Current Liabilities
Net Margin
(Net Profit / Revenues) *100
Cash Ratio
Profit Before Tax Margin
(Income Before Tax / Revenues *100
{(Cash & Bank Balance + Marketable Securities) / Current Liabilities)}
Debt to Equity
Total Liabilities / Shareholders Equity
Debt to Capital Ratio
{Total Debt / (Shareholders Equity + Total Debt)}
Interest Coverage Ratio
EBIT / Interest Expense
Fixed Asset Turnover
Sales / Fixed Assets
Asset Turnover
Sales / Total Assets
Return on Equity (ROE) Return on Capital (ROCE) Return on Working Capital
(Net Income / Shareholders Equity)*100 EBIT / (Total Assets – Current Liabilities)*100 (EBIT / Working Capital) *100
Return on Assets
(EBIT / Total Assets)*100
Return on Fixed Assets
(EBIT / Fixed Assets) *100
Operating Costs (% of Sales)
(Operating Expenses / Sales) *100
Current Asset Turnover
Sales / Current Assets
Administration Costs (% of Sales)
(Administrative Expenses / Sales) *100
Working Capital Turnover
Sales / Working Capital
Interest Costs (% of Sales)
(Interest Expenses / Sales) *100
Capital Employed Turnover
Sales / (Shareholders Equity + Total Debt)
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Sources of Information
PRIMARY RESEARCH Interviews Leading Industry Experts
SECONDARY RESEARCH Print Media
Electronic Media
Leading Newspapers
Telecom Associations in India
Magazines and Journals
Online Telecom & IT Magazines
Annual Reports of Companies
Company Websites Premium Databases Open Sources
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