FORTISHealthcare

Fortis Healthcare Limited

Hospital · ISIN INE061F01013 · BSE 532843 · NSE EQ · FV ₹10
Last price
₹886
+1.82%today
What this company does

Fortis Healthcare Limited operates in Hospital, part of the Healthcare sector. It booked ₹2,545 cr of revenue in its latest quarter (Q1 FY27) and kept 10.5% of sales as profit. It is the 4th largest of 9 Hospital companies we track, by market value.

The Company is engaged in the business of providing healthcare services and deals with patients which are its primary customers. 3.
The Company is primarily engaged of the defined benefit in the business of healthcare services.
Their stated vision

is to become a digital-first to requirements”, Patient Safety practices lead to company, driving efficiency and excellence across “prevention of harm”.

In the report:
52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 81–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet33

How much it owes, and whether earnings cover the interest

Cash quality82

Whether reported profit actually arrives as cash

Growth & consistency65

Whether sales and profit have grown, and how steadily

Valuation27

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Looks broadly healthyPriced in line with peers
Strengths
Makes a profit
Sales up 17% vs last year
No promoter shares pledged
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in FORTIS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹886 +1.82%
latest close · 2026-09-17
1-year return
+219.3%
52-wk low ₹22052-wk high ₹980
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio62.8High
LowAverageHigh
P/B ratio6.76High
Below bookModerateHigh
EV / EBITDA30.9High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.8%Fair
WeakFairStrong ▸15%
Return on capital12.7%Fair
WeakFairStrong
Net margin10.5%Decent
ThinDecentStrong
EBITDA margin22.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.28Comfortable
LowModerateHigh ▸1
Interest cover5.5×Strong
RiskyOkayStrong ▸5×
Current ratio0.86Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹66,897 cr
Book value
₹131
EPS
₹3.53
latest quarter
Net debt
₹2,466 cr
owes more than its cash
Enterprise value
₹69,363 cr
EBITDA
₹2,244 cr
annualised
EBIT
₹1,757 cr
annualised
Operating margin
17.3%
Return on assets
6.7%
Earnings yield
1.59%
P/S
6.57
Sales / share
₹134.8
Tax rate
25.2%
Face value
₹10
Shares
75.5 cr
Working capital
₹-302 cr
Current assets
₹1,819 cr
Current liabilities
₹2,121 cr
Delivery %
51.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹79₹94, midpoint ₹86

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,545 cr
Other Income₹14 cr
Total Income₹2,560 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹586 cr
Inventory Change (±)₹-13 cr
Employee Benefit Expense₹404 cr
Finance Costs₹80 cr
Depreciation & Amortisation₹122 cr
Other Expenses₹1,031 cr
Total Expenses₹2,210 cr
Exceptional Items₹10 cr
Profit before Tax₹359 cr
Tax Expense₹90 cr
Share of JV / Associates₹4 cr
Net Profit₹273 cr
Net margin on total income10.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹573 cr22.3%
Employee benefit expense₹404 cr15.7%
Finance costs₹80 cr3.1%
Depreciation & amortisation₹122 cr4.7%
Other expenses₹1,031 cr40.0%
Tax expense₹90 cr3.5%
Profit for the period₹273 cr10.6%
Total income ₹2,560 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,265 cr2,365 cr2,545 cr
Total income2,273 cr2,369 cr2,560 cr
Expenses1,965 cr2,039 cr2,210 cr
Profit before tax262 cr318 cr359 cr
Tax68 cr53 cr90 cr
Net profit (owners' share)194 cr266 cr266 cr
Net margin (owners' share, on revenue)8.6%11.2%10.5%
EPS (₹)2.573.523.53
YoY (latest quarter): total income +17.3% · net profit +2.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹15,966 cr
Shareholder equity
₹9,896 cr
parent shareholders
Total debt
₹2,873 cr
Cash
₹407 cr
Cash flow · H1 FY26
Operating
₹676 cr
Investing
₹-986 cr
Financing
₹246 cr
Peer comparison
Hospital · by market value
CompanyPriceMarket capP/E
Apollo Hospitals Enterprise Limited₹8,769₹1.26 L cr54.3
Max Healthcare Institute Limited₹1,037₹1.01 L cr78.1
Manipal Health Enterprises Limited₹722₹85,125 cr92.0
Fortis Healthcare Limitedthis company₹886₹66,897 cr62.8
Aster DM Quality Care Limited₹761₹39,412 cr613.4
Global Health Limited₹1,424₹38,273 cr60.2
Narayana Hrudayalaya Ltd.₹1,869₹38,187 cr45.8
Krishna Institute of Medical Sciences Limited₹792₹33,258 cr190.3
Dr. Agarwal's Health Care Limited₹500₹15,855 cr87.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.11%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 24 Jul 2026
ActionDetailEx-date
Dividend₹1 / share24 Jul 2026
Dividend₹1 / share25 Jul 2025
Dividend₹1 / share24 Jul 2024
Dividend₹1 / share20 Jul 2023
Who owns it · 2026-06-30
No pledge
Promoter
31.2%
FII / Foreign
25.2%
DII / Domestic
32.2%
Retail / others
11.4%
Smart-money activity
Insider trades
SoldASHISH BHATIA · Employees/Designated Employees34,415 · ₹54.7 L22 Feb 21
SoldASHISH BHATIA · Employees/Designated Employees5,241 · ₹8.3 L19 Feb 21
SoldASHISH BHATIA · Employees/Designated Employees3.10 L · ₹5.0 cr18 Feb 21
Bulk / block deals
short · NSE14426 Aug 26
short · NSE11,10125 Aug 26
short · NSE6924 Aug 26
Stake changes
SoldAditya Birla sun Life Mutual Fund→ 2.99% · 1.52 cr20 Dec 24
BoughtKotak Mahindra Mutual Fund→ 5.07% · 7.28 L2 Aug 24
BoughtHDFC Mutual Fund→ 4.95% · 3.00 L16 Apr 24
Promoter pledges
InvokedRBL Bank Limited80,000 · 0.12% held22 May 18
InvokedECL Finance Ltd57,600 · 0.13% held2 May 18
ReleasedBajaj Finance Ltd.3 · 0.13% held17 Mar 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 11 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended March 31, 2026 together with Reports of the Board of Directors and the Auditors’ thereon.
Backed by 99% of shareholders other than promotersneeded 50%
43.81 cr votes for, 58.58 L against · 2% of mutual funds and other big investors said no
2
To declare final dividend of Rs. 1/- (Rupee One) per equity share, for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
44.41 cr votes for, 5,728 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Ashok Pandit (DIN- 09279899), who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 97% of shareholders other than promotersneeded 50%
43.19 cr votes for, 1.22 cr against · 3% of mutual funds and other big investors said no
4
To appoint a Director in place of Dr. Prem Kumar Nair (DIN- 10348774), who retires by rotation and being eligible, offers himself for re- appointment.
Backed by 98% of shareholders other than promotersneeded 50%
43.67 cr votes for, 74.30 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 31.2% between them · as of 2026-06-30
NORTHERN TK VENTURE PTE. LTD.31.17%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.