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-13.40 -0.41%

Updated:23 Jun, 2021, 15:58 PM IST

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-13.60 -0.42%

Updated:23 Jun, 2021, 16:00 PM IST

Dear Shareholders

Just like the absence of sadness is not joy, the absence of disease is not health. The WHO states this, and all of us instinctively know it. Health is our greatest gift. It is god given, but the duty to nurture it is ours alone.

Apollo Hospitals has spent the last thirty years enriching and several million lives with its healing touch. Our commitment to advanced patient care has helped us put in place the world's busiest solid organ transplant program. During FY13 we completed 500 bone marrow transplants with outstanding outcomes. After successfully rolling out Robotic surgery capabilities in Chennai and Hyderabad, we introduced the same this year in our hospitals in Delhi and Kolkata. The group has completed over 130,000 heart surgeries, by far the largest cardiac programme across the globe, with a success rate of 99.6%. We are also the first healthcare organization in the Asia Pacific region to offer the Renaissance TM Robotic system for spine surgeries.

The last year saw us crossing the milestone of Rs. 10 billion in standalone pharmacies sales. We now have over 1500 stores and are focused on continuing to grow this segment profitably. We also have a scientific expansion strategy of commissioning over 1,000 beds across seven locations in the coming year. The expansion plans as envisaged also includes 500 beds as part of our "Reach" Hospitals initiative. The "Reach" Hospitals initiative was recognized for "Inclusive Business Innovation" at the prestigious G20 summit in Mexico. Apollo Hospitals group was the only Healthcare organization in the world to be declared winner.

We plan to establish a Proton Therapy centre in India. This advanced radiation therapy under the Proteus Plus technology by IBA, Belgium, provides best–in–class treatment for cancer. This centre, will be the first of its kind in the region covering Asia, Africa and Australia.

For a growing country like India, staying healthy has to become a mantra. From the micro to the macro, every facet of our ecosystem needs to embrace the importance of staying healthy. Individuals, neighbourhoods, and organizations have to embrace it. Thanks to the stresses of modern day living, India has today emerged as the diabetes capital of the world and a spate of cardiac and other lifestyle diseases confronts our society.

At Apollo we believe staying healthy requires a 360 degree approach; our framework encompasses employees, the local communities, the under privileged, the corporate world, underserved communities and even neighbouring nations. And to all of them, our message is the samefollow an active lifestyle marked by systematic exercise, balanced meals, and stress–free living. Alongside, regular health checks are a must as early detection is closely aligned to staying healthy.

As a health services provider, we are committed to staying healthy in all aspects of our functioning and continuously endeavour to sharpen our clinical excellence. Apollo Hospitals Group is today one of the largest provider groups globally, having equalled or surpassed notable institutions across the world in several important criteria, including patient volumes, solid organ transplant volumes, and clinical outcomes. Even though the Apollo Group has continuously redefined itself over the past three decades, the core of our promise, serving the patient, remains unchanged and is our raison d'etre. This defines and drives all our activities, be it clinical or operational, and ultimately determines our financial health as well.

Financially speaking, staying healthy to deliver the prescribed results translates to prudent selection of the right opportunities, strategic capital infusion, forethought in allocation, and the capacity to balance growth with profitability. We have a long history of industry–leading performance and have again been able to deliver strong growth and improved profitability in 2012–13. We recorded consolidated annual revenues of Rs. 37.7 billion, reflecting 19.7% growth. Consolidated Net Profit grew by 38.8% to Rs. 3,044 million and consolidated diluted EPS for the year stood at Rs. 21.88 per share. I am pleased to announce a 110% dividend of Rs. 5.5 per share for fiscal year 2013.

Continuous value addition and innovation in each of our activities, the hallmark of the Apollo culture, underpins our corporate story. This has resulted in several accolades nationally and globally, testifying to our pioneering leadership in healthcare delivery. The responsibility of being at the helm inspires us to go the extra mile to surpass the highest expectations patients and their relatives have of us.

We live in a borderless world and healthcare is indeed truly so. When Apollo was conceived thirty years ago, very few believed us when we said that one day Apollo would reverse the trend of Indians going abroad for treatment, to one where India would be treating the world. Patients from across the globe now look up to the Apollo Hospitals Group to provide solutions to their health concerns, be it in cardiology, oncology, orthopaedics, neurology, gastroenterology, or transplants. Our approach is early detection and timely treatment, which we believe lead to better outcomes for the patients.

We are now embarking on a set of transformational initiatives keeping the future in mind. Building competencies and capabilities, infusing fresh talent, and future–proofing our team, remain our top agenda. Harnessing the power of information technology in reaching out to the patient will continue to be our talisman for enabling quality health care to all.

And finally as a responsible corporate, we continue to stay focused on running our business in an sustainable and socially responsible manner.

Over the past three decades, you, our shareholders, the Board of directors, our doctors, our employees, our bankers & financial institutions and the Central and State Governments have stood by us providing unwavering support through every step and initiative undertaken by us. I thank each one of you and look forward to your continued support, belief and trust.

With warm personal regards to you and your families. God bless.

Dr. Prathap C. Reddy


Apollo Hospitals Group.

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