#JeenaSikhoLifecare Limited, founded in 2017, is the top leading ayurvedic healthcarew system provider in India. It provides services to improve the lifestyle and health and lead a stress-free healthy life. Then in 2018, company came up with project Shuddhi Ayurveda.
The company has portfolio of over a wide range of Ayurvedic products. The company also conducts various health checkup camps, yoga sessions free of cost to make people aware of their health problems.
On the services front, it has several integrated hospitals as well as a chain of 150+ pan-India ayurvedic clinics. These hospitals called by the name HIIMS (earlier called Shuddhi Ayurveda Panchkarma Hospitals). HIIMS stands for Hospital & Institute of Integrated Medical Sciences
HIIMS is accredited by NABH (National Accreditation Board of Hospital). The Ayurvedic Doctors in HIIMS provide treatment via methods like Ayurveda, Allopathy, Homeopathy and Naturopathy.
First, HIIMS was established in 2020, and is currently situated in various cities including Delhi, Gurgaon, Chandigarh, Amritsar, Noida, Navi Mumbai, Goa, Lucknow, Dehradun, Jabalpur, Jaipur etc.
On the Clinic front, company is operating 150+ Ayurvedic Clinics in 23 states, wherein 9 clinics are owned by the company and the rest are operated by franchisee partners on commission basis. Clinics and Hospitals in Punjab and Delhi contributes to 92% of the of total revenue.
The company also sells wide range of herbal/ayurvedic products. Some of which includes - Dr. Shuddhi 40 day detox package, Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, Shuddi Divya Sanjeevani.
#leadership
Manish Grover is Promoter & Managing Director of the company. He is an Ayurvedic and meditation practitioner.
Bhavna Grover is Promoter and Whole Time Director of the company. She has over 5 years of experience in managing HR and legal administration of the company.
Manish Grover is Promoter & Managing Director of the company. He is an Ayurvedic and meditation practitioner.
Bhavna Grover is Promoter and Whole Time Director of the company. She has over 5 years of experience in managing HR and legal administration of the company.
#Financials
(As on March, In INr Cr)
Sales = 2022 - 147, 2023 - 205
Op. Profit = 2022 - 18, 2023 - 46
Net Profit = 2022 - 11, 2023 - 34
M.cap of the company is INR 715Cr, trading at a PE of 21.0x
Retail Float = 8.9% (Mar-23)
(As on March, In INr Cr)
Sales = 2022 - 147, 2023 - 205
Op. Profit = 2022 - 18, 2023 - 46
Net Profit = 2022 - 11, 2023 - 34
M.cap of the company is INR 715Cr, trading at a PE of 21.0x
Retail Float = 8.9% (Mar-23)
For the half year ending Mar β23, Sales increased by 57% YoY from INR 75 Cr to INR 118 Cr. Net Profit increased to 4.6x over the same period from INR 5 Cr to INR 23 Cr.
#FutureVisibility
Since Sep'22, Company has established 16 New HIIMS (Shuddhi Ayurveda Panchkarma Hospital) in different states of India.
Feb β23: Companyβs Hospital located in Kota & Jaipur have been recognized as NABH Accredited AYUSH Hospital.
Since Sep'22, Company has established 16 New HIIMS (Shuddhi Ayurveda Panchkarma Hospital) in different states of India.
Feb β23: Companyβs Hospital located in Kota & Jaipur have been recognized as NABH Accredited AYUSH Hospital.
#BulkDeal
Jan β23: Promoter Manish Grover bought 43k shares from the Market aggregating to INR 1.3 Crore
Jan β23: Oregano Life Private Limited has acquired 2% of Companyβs shares through open market from 24th Jun'22 to 5th Jan'23, taking its total stake from 7.32% to 9.35%
Jan β23: Promoter Manish Grover bought 43k shares from the Market aggregating to INR 1.3 Crore
Jan β23: Oregano Life Private Limited has acquired 2% of Companyβs shares through open market from 24th Jun'22 to 5th Jan'23, taking its total stake from 7.32% to 9.35%
Nov β22: V Joshi Impex bought 81k shares at the price of INR 143/share, aggregating to INR 1.2Cr
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