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Apollo Hospitals sees covid-19 stress, full recovery to take time

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₹2800 crore remains manageable though. But due to the covid-led disruption, deleveraging could be pushed behind. The company might also have to take up some additional borrowing during the next few quarters.Even so, the covid-19 led disruption will result in a challenging year for Apollo Hospitals.

The stock trades at a valuation of 45 times FY20 earnings, even as profitability could take a hit in FY21. Hospital chains that were coming out of the hospitals will take some time to nurse their business back to health given the covid-19 slowdown.Click here to read the Mint ePaperLivemint.com is now on Telegram.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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