Global Longlife Hospital and Research Limited: Company Profile

Background

Overview

Global Longlife Hospital and Research Limited, established in 2012, is a multi-specialty tertiary care hospital located in Ahmedabad, Gujarat, India. The hospital offers a comprehensive range of medical and surgical services, aiming to provide high-quality healthcare accessible to all.

Mission and Vision

The hospital's mission is to deliver healthcare services of international standards within the reach of every individual. Its vision is to build an institution that offers high-quality healthcare at affordable prices in Ahmedabad.

Industry Significance

As a multi-specialty tertiary care hospital, Global Longlife Hospital and Research Limited plays a crucial role in the healthcare sector of Gujarat, providing specialized medical services and contributing to the region's health infrastructure.

Key Strategic Focus

Core Objectives

To offer a platform for doctors to treat their patients with state-of-the-art facilities.

To adhere to Standard Operating Procedures (SOPs) set by the Ministry of Health & Family Welfare.

To maintain accreditation from the National Accreditation Board for Hospitals and Healthcare Providers (NABH).

Areas of Specialization

Medical Services: Oncology, ophthalmology, allergy and immunology, pain management, pulmonology, anesthesiology, cardiology, dermatology, critical care, diabetes and endocrinology, gastrointestinal medicine, gynecology, infectious diseases, nephrology, and neurology.

Surgical Services: Cardiovascular and thoracic surgery, joint replacement orthopedics, spine surgery, general surgery, oncological surgery, gastrointestinal surgery, neurosurgery, ENT, plastic surgery, trauma care, urology, laparoscopic surgery, gynecological surgery, dental surgery, and vascular surgery.

Support Services: Radiology (mammography, CT scan, X-ray, ultrasound, endoscopy, sonography), pathology (microbiology, biochemistry, clinical pathology, cytopathology, hematology, serology), dialysis, pharmacy, ambulance, dietary, and physiotherapy services.

Key Technologies Utilized

The hospital employs advanced medical equipment and technologies to provide comprehensive healthcare services, ensuring accurate diagnostics and effective treatments.

Primary Markets Targeted

The hospital primarily serves the population of Ahmedabad and the surrounding regions, catering to individuals seeking specialized medical and surgical care.

Financials and Funding

Funding History

Initial Public Offering (IPO): In April 2022, the hospital launched an IPO, issuing 3,500,000 equity shares at ₹140 each, aggregating to ₹49 crore.

Financial Performance

Fiscal Year 2024-2025:

Net revenue from operations: ₹57.73 lakh, a decrease from ₹1,351.45 lakh in the previous year.

Profit before tax: ₹9.92 lakh, compared to a loss of ₹226.59 lakh in the previous year.

Profit after tax: ₹19.87 lakh, compared to a loss of ₹218.81 lakh in the previous year.

Utilization of Capital

The funds raised through the IPO are intended to enhance the hospital's infrastructure, acquire advanced medical equipment, and expand its service offerings to improve patient care.

Pipeline Development

As a healthcare provider, Global Longlife Hospital and Research Limited focuses on expanding its range of medical and surgical services. While specific pipeline developments are not detailed, the hospital continually seeks to introduce new specialties and services to meet the evolving healthcare needs of the community.

Technological Platform and Innovation

Proprietary Technologies

The hospital utilizes state-of-the-art medical equipment and technologies to provide accurate diagnostics and effective treatments, ensuring high-quality patient care.

Significant Scientific Methods

The hospital adheres to Standard Operating Procedures (SOPs) set by the Ministry of Health & Family Welfare, ensuring consistent and high-quality healthcare delivery.

Leadership Team

Key Executives

Dhruv Sureshkumar Jani: Managing Director since September 10, 2021.

Sucheta Dhruvkumar Jani: Director since September 10, 2021.

Sandeep Motilal Shah: Director since September 10, 2021.

Hetal Ramniklal Thakkar: Chief Financial Officer since October 1, 2024.

Manasvi Manu Thapar: Director since September 10, 2021.

Competitor Profile

Market Insights and Dynamics

The healthcare sector in India is experiencing significant growth, driven by increasing healthcare awareness, rising income levels, and a growing population. Hospitals like Global Longlife Hospital and Research Limited are well-positioned to capitalize on this growth by expanding their service offerings and enhancing patient care.

Competitor Analysis

Key competitors in the region include:

Apollo Hospitals: A leading healthcare provider with a vast network of hospitals across India.

Manipal Hospitals: A prominent hospital chain offering a wide range of medical services.

CARE Hospitals: Known for its multi-specialty services and advanced medical technologies.

These competitors have established a strong presence in the healthcare sector, offering comprehensive services and advanced medical facilities.

Strategic Collaborations and Partnerships

While specific collaborations are not detailed, the hospital's adherence to NABH accreditation and SOPs indicates a commitment to quality and potential partnerships with healthcare organizations to enhance service delivery.

Operational Insights

Global Longlife Hospital and Research Limited differentiates itself through its comprehensive range of medical and surgical services, adherence to national standards, and a patient-centric approach. These factors contribute to its competitive advantage in the healthcare sector.

Strategic Opportunities and Future Directions

The hospital aims to expand its service offerings, enhance infrastructure, and adopt innovative medical technologies to improve patient care. By focusing on quality and patient satisfaction, it seeks to strengthen its position in the competitive healthcare market.