Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
R
Bangladesh political situation impacting international patients
Bangladesh contributes ~30% of international patient revenue (2% of total revenue). Recent political issues have caused a drop in volumes, though management expects recovery.
medium · analyst_question
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Slower ARPOB recovery due to higher medical case mix
ARPOB grew only 2% YoY due to a higher proportion of medical admissions. Management expects improvement but there is risk if surgical volumes do not pick up as anticipated.
medium · data_observation
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New hospital bed additions may pressure margins
Operationalization of four new hospitals (1,500 beds) over next five quarters could reduce EBITDA margins by 100-150bps from FY25 exit levels.