Healthcare is considered as one of the sectors India having huge potential in coming years..Hospital services is a major part of this industry.But the number of listed players in this sector is limited.Kovai Medical Centre and Hospital (KMCH) is one of the good listed companies from this space.This Coimbatore based 800 bed multispeciality hospital having all most modern facilities including Open heart surgeries ,Kidney transplants, Knee replacements, Hip replacements , Complex Neuro surgeries Angiograms, Angioplasties, Stenting ,fallopian tube recanalisation, Chemotherapy, Blood component therapy, Arthroscopic surgeries, Laparoscopic and Thorocoscopic surgeries,Emergency-Trauma Care Center... etc KMCH is located in a 20 acre facility close to coimbatore airport and also having three satellite hospitals - two at Erode and one at Ram nagar.KMCH recently started the facility of E-Bus (Endo Bronchial Ultra Sound) which is very effective for identifying lung cancer in an early stage. It is one of the very few hospitals in this region with this facility. KMCH is now expanding its service to pediatric , and eye segment and this facilities will commence operations in few months. In recent times KMCH is very aggressive in bringing new technologies ,most modern facilities and new departments to its fold. Company is spending an amount of Rs.200 Cr for this expansion programme.Growth for KMCH will come in two ways .One through the addition of more facilities and departments at the existing hospitals and the other is through the starting of new satellite centers in other places.For the quarter ended June 2011 ,KMCH posted a turnover of Rs.51 Cr v/s Rs.31 Cr and a net profit of Rs.2.43 Cr v/s Rs.81 Lacs. As an indication of the confidence of promoters, they are steadily hiking their stake in last few quarters through open market purchases.At CMP of Rs.114/- , it is a good long term bet for a healthy portfolio.