$APOLLOHOSP

$APOLLOHOSP Apollo Hospitals remains one of India's strongest healthcare plays, benefiting from rising healthcare spending, expansion of hospital capacity, growth in specialty treatments, diagnostics, pharmacies, and digital healthcare. The latest results indicate that the growth story remains intact. Key Strengths ✅ Strong Q4 FY26 performance Revenue grew about 18% YoY to ₹6,605 crore. Net profit increased around 36% YoY to ₹529 crore. EBITDA grew over 31% with margin expansion to 15.3%. ✅ Hospital business remains robust Hospital revenue grew around 16%. Occupancy improved to 68%. Specialty treatments such as cardiology, oncology, neurology and transplants continue to drive higher profitability. ✅ Aggressive expansion Apollo is adding more than 3,400 beds over the next few years. Management continues to guide for mid-to-high teens revenue growth. ✅ Digital and pharmacy businesses turning profitable Apollo HealthCo and Apollo 24/7 have shown significant improvement in profitability. This can become a major value creator over the next 3-5 years. Technical View Long-term trend: Bullish Medium-term trend: Bullish The stock has been making higher highs and higher lows. Any correction toward major support zones can attract institutional buying. Momentum remains strong after the recent results-driven breakout. only educational view CA Atin Agrrawal SEBI REGISTERED RESEARCH ANALYST *****