Broach Lifecare Hospital Ltd - Stock Valuation and Financial Performance

The company was incorporated as ‘Broach Lifecare Hospital Private Limited’ pursuant to a certificate of incorporation dated April 25, 2023, issued by the Registrar of Companies, Central Registration Centre. Further, in accordance with the main objects, the company acquired the proprietorship concern of Dr. Jaykumar Narendra Vyas, its Promoter comprising of the Hospitals i.e. Dr. Vyas’s Heart Hospital and Dr. Vyas Hospital pursuant to a Business Transfer Agreement dated July 17, 2023 (BTA). Thereafter, the company was converted into a public limited company and the name of the company was consequently changed to ‘Broach Lifecare Hospital Limited’ and a fresh Certificate of Incorporation dated November 7, 2023 issued by Registrar of Companies, Ahmedabad.

Broach Lifecare Hospital operates its boutique Hospitals under the brand ‘Maple Hospitals’ and provide dedicated round-the-clock services to patients with heart ailments consisting of non-invasive cardiology services such as, 2D Echocardiography, Electrocardiography, Tread Mill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, Dobutamine Stress Echocardiography. Subsequently, in the year June/July 2023 it ventured into interventional cardiac services such as, coronary angiography and stenting, percutaneous coronary intervention (PCI) and primary PCI for acute myocardial infarction as a division. It also provides Ballon mitral-valvuloplasty, permanent pacemaker implantation, cardiac resynchronisation procedures, implantable cardioverter-defibrillator (AICD) implantation and procedures for congenital ailments such as coarctation of aorta, stenting and posterior descending artery closure. It also offers a complete range of diagnostic and therapeutic options such as endovascular revascularization, deep vein thrombosis treatment and peripheral angioplasty.

The company’s hospital in Bharuch is an ultra-luxury hospital for in-patient treatment and is also equipped with diagnostic devices for performing test such as, 2D Echocardiography, Electrocardiography, Tread Mill Test, Holter monitoring, Ambulatory Blood Pressure Measurement, Stress test, Dobutamine Stress Echocardiography & high end Coronary care with life-saving equipment such as Intra-aortic Ballon Pump Machine, Biphasic Defibrillator, Ventilators, BIPAP machines, Syringe Pump, Volumetric Infusion Pumps and Multipara Monitoring Machines. It has capabilities to undertake complex intervention procedures using Cutter ballons for In-Stent blockages, Implanting Drug eluting Ballons in previously implanted stent, fractional flow reserve & rotablator technology for hard calcified blockages. The company’s Satellite Hospital at Ankleshwar is nursing home which act as a referral centre and offers non-surgical day-to-day treatment to its patients. The Satellite Hospital is also self-sustaining as they are strategically located to fulfil demand for basic tertiary care. Its hospitals are certified by the National Accreditation Board for Hospitals & Healthcare Providers (NABH) as a primary-level small healthcare organization. Its hospital is having Certification of Atomic Energy Regulatory Board for PACS System & Fire safety certificate from local regulation bodies for safety of its patients. The company is also a member of Globe Bio Care for the disposal of biomedical waste.

Business area of the company

Broach Lifecare Hospital operates boutique hospitals under the brand name 'Maple Hospitals. It takes immense pride in being at the forefront of healthcare, with a dedicated focus on cardiac ailments. Its state-of-the-art facility boasts an ultra-modern cathlab, a testament to its commitment to providing the highest quality care to its patients. Its hospital strategically designed to cater to diverse healthcare needs. These include specialized units such as Medical ICUs, a Intensive cardiac care unit (ICCU), a comfortable general ward, and private rooms in various categories. It understands the importance of creating a healing environment that caters to the unique requirements of each patient.

Major Events

• 2023: Incorporation of a Private Limited Company in the name and style of “Broach Lifecare Hospital Private Limited” vide fresh certificate of Incorporation dated April 25, 2023.
• 2023: Acquisition of sole proprietorship concerns of Dr. Jaykumar Narendra Vyas, Managing Director of Company named Dr. Vyas’s Heart Hospital and Dr. Vyas’s Hospital through a business transfer Agreement dated July 17, 2023. 
• 2023: Conversion into a public limited company in the name and style of “Broach Lifecare Hospital Limited” vide fresh certificate of Incorporation dated November 7, 2023.