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Fortis Healthcare Overview

Fortis Healthcare Ltd is an India-based incorporated healthcare shipping carrier provider. The Company is frequently engaged in the enterprise of healthcare services. It operates via 2 segments: Healthcare and Diagnostics. Its specialities comprises cardiac sciences, cosmetology, dental sciences, dermatology, general surgery, oncology, pulmonology, urology, neurosurgery, radiology, orthopaedics and ophthalmology, amongst others. It manages and operates a network of multi-area of expertise hospitals and diagnostics centres. The healthcare vertic...Read More

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Fortis Healthcare Key Financials

Market Cap ₹67331 Cr.

Stock P/E 83.2

P/B 7.1

Current Price ₹891.9

Book Value ₹ 124.9

Face Value 10

52W High ₹1105

Dividend Yield 0.11%

52W Low ₹ 521.1

Fortis Healthcare Share Price

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Volume
Price

Fortis Healthcare Quarterly Price

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Fortis Healthcare Peer Comparison

Fortis Healthcare Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1657 1770 1680 1786 1859 1988 1928 2007 2167 2331
Other Income 8 14 7 10 13 13 21 20 15 23
Total Income 1666 1783 1686 1796 1872 2002 1949 2027 2182 2354
Total Expenditure 1385 1440 1396 1405 1516 1554 1553 1572 1676 1775
Operating Profit 281 344 291 391 356 448 396 455 506 579
Interest 31 32 33 35 35 36 45 68 70 75
Depreciation 79 84 87 92 91 95 97 102 101 106
Exceptional Income / Expenses 1 4 8 3 0 -60 24 -54 13 24
Profit Before Tax 171 231 179 267 229 257 277 232 348 422
Provision for Tax 47 49 49 68 56 68 25 49 84 97
Profit After Tax 125 183 130 199 173 189 252 183 264 325
Adjustments -13 -9 5 -20 -7 -12 -4 1 -4 -3
Profit After Adjustments 112 174 135 179 166 176 248 184 260 322
Adjusted Earnings Per Share 1.5 2.3 1.8 2.4 2.2 2.3 3.3 2.4 3.4 4.3

Fortis Healthcare Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 3966 4199 4574 4561 4469 4632 4030 5718 6298 6893 7783 8433
Other Income 96 153 166 140 92 53 47 27 62 38 67 79
Total Income 4062 4352 4740 4701 4562 4685 4077 5745 6359 6931 7850 8512
Total Expenditure 3835 3995 4221 4288 4244 4023 3626 4649 5196 5625 6195 6576
Operating Profit 226 358 519 413 318 662 451 1096 1163 1306 1655 1936
Interest 152 133 229 258 337 205 166 147 129 131 184 258
Depreciation 235 225 222 239 233 292 291 301 316 342 386 406
Exceptional Income / Expenses 0 -40 -2 -881 -222 62 1 315 74 16 -89 7
Profit Before Tax -160 32 552 -912 -110 239 43 988 814 858 1007 1279
Provision for Tax 5 -8 72 23 114 148 99 198 181 213 198 255
Profit After Tax -164 40 479 -934 -224 91 -56 790 633 645 809 1024
Adjustments 20 -21 -58 -75 -75 -34 -54 -235 -44 -46 -35 -10
Profit After Adjustments -144 18 422 -1009 -299 58 -110 555 589 599 774 1014
Adjusted Earnings Per Share -3.1 0.4 8.1 -19.5 -4 0.8 -1.5 7.4 7.8 7.9 10.3 13.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 13% 11% 11% 7%
Operating Profit CAGR 27% 15% 20% 22%
PAT CAGR 25% 1% 55% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 42% 47% 38% 18%
ROE Average 10% 9% 8% 2%
ROCE Average 12% 12% 11% 6%

Fortis Healthcare Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4718 4461 5143 4062 6601 6661 6120 6178 7242 7663 8917
Minority's Interest 153 392 1167 1255 512 544 598 830 858 893 253
Borrowings 1004 867 1279 948 637 954 968 779 572 741 2086
Other Non-Current Liabilities 107 -163 -32 -73 145 216 1866 2459 1991 504 515
Total Current Liabilities 1602 1450 1881 2133 3591 2578 1232 1268 1314 3170 1607
Total Liabilities 7585 7007 9484 8327 11486 10955 10784 11516 12089 12971 13377
Fixed Assets 4218 3642 5419 4992 8477 8802 8799 9416 9426 9874 10424
Other Non-Current Assets 1731 1951 2290 2053 1343 1212 949 967 1257 1677 1482
Total Current Assets 1636 1414 1728 1278 1666 938 1033 1130 1150 1420 1471
Total Assets 7585 7007 9484 8327 11486 10955 10784 11516 12089 12971 13377

Fortis Healthcare Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 249 179 123 348 -165 634 7 219 67 45 170
Cash Flow from Operating Activities 24 195 966 493 -179 172 485 865 822 1100 1424
Cash Flow from Investing Activities 213 113 -1002 -335 -3323 60 -135 -514 -374 -886 -779
Cash Flow from Financing Activities -304 -354 259 -672 4257 -862 -143 -517 -471 -86 -714
Net Cash Inflow / Outflow -67 -47 224 -515 755 -630 207 -166 -23 127 -69
Closing Cash & Cash Equivalent 183 142 348 -165 634 7 219 67 45 170 100

Fortis Healthcare Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -3.11 0.4 8.14 -19.46 -3.96 0.77 -1.45 7.35 7.8 7.93 10.26
CEPS(Rs) 1.52 5.72 13.55 -13.41 0.12 5.08 3.11 14.45 12.57 13.08 15.83
DPS(Rs) 0 0 0 0 0 0 0 0 1 1 1
Book NAV/Share(Rs) 87.46 89.67 99.01 77.77 87.12 88.18 81.04 81.81 95.91 101.48 118.08
Core EBITDA Margin(%) 3.29 4.86 7.72 5.99 5.04 13.16 10.04 18.7 17.49 18.39 20.4
EBIT Margin(%) -0.2 3.92 17.08 -14.34 5.07 9.59 5.19 19.84 14.97 14.35 15.31
Pre Tax Margin(%) -4.02 0.75 12.06 -19.99 -2.46 5.17 1.07 17.28 12.92 12.45 12.94
PAT Margin (%) -4.14 0.95 10.48 -20.49 -5.01 1.98 -1.39 13.82 10.05 9.36 10.4
Cash Profit Margin (%) 1.78 6.31 15.34 -15.25 0.21 8.27 5.82 19.08 15.06 14.33 15.35
ROA(%) -2.13 0.54 5.81 -10.49 -2.26 0.82 -0.52 7.08 5.36 5.15 6.14
ROE(%) -3.94 0.97 10.33 -20.4 -4.22 1.38 -0.88 12.85 9.44 8.66 9.77
ROCE(%) -0.12 2.64 11.72 -9.77 3.11 5.36 2.72 15.61 12.5 12.01 12.14
Receivable days 39.12 37.09 36.59 37.74 41.35 39.44 41.5 30.96 31.7 32.02 33.12
Inventory Days 5.8 5.39 4.85 5.13 5.03 5.31 7.02 6.37 7.12 6.1 5.22
Payable days 197.33 211.28 210.4 246.88 298.12 255.83 214.28 162.58 172.53 162.59 153.11
PER(x) 0 441.05 22.11 0 0 164.26 0 39.49 33.33 52.93 68.11
Price/Book(x) 1.88 1.96 1.82 1.59 1.56 1.43 2.46 3.55 2.71 4.14 5.92
Dividend Yield(%) 0 0 0 0 0 0 0 0 0.38 0.24 0.14
EV/Net Sales(x) 2.49 2.33 2.4 1.79 2.54 2.29 3.94 3.93 3.17 4.64 6.99
EV/Core EBITDA(x) 43.63 27.33 21.19 19.72 35.79 16.01 35.21 20.5 17.17 24.47 32.89
Net Sales Growth(%) 13.57 5.88 8.93 -0.28 -2.01 3.65 -13 41.87 10.14 9.45 12.91
EBIT Growth(%) -124.62 2222.8 374.13 -183.72 134.67 96.01 -52.93 442.43 -16.91 4.89 20.48
PAT Growth(%) 28.45 124.21 1106.81 -294.96 76.06 140.9 -161.39 1506.38 -19.87 1.93 25.44
EPS Growth(%) -217.26 112.81 1947.39 -338.91 79.65 119.38 -289.46 605.74 6.05 1.72 29.28
Debt/Equity(x) 0.38 0.34 0.43 0.49 0.3 0.2 0.21 0.16 0.1 0.11 0.25
Current Ratio(x) 1.02 0.97 0.92 0.6 0.46 0.36 0.84 0.89 0.88 0.45 0.92
Quick Ratio(x) 0.99 0.93 0.89 0.57 0.45 0.33 0.78 0.79 0.78 0.41 0.84
Interest Cover(x) -0.05 1.24 3.4 -2.54 0.67 2.17 1.26 7.73 7.3 7.55 6.46
Total Debt/Mcap(x) 0.23 0.19 0.24 0.31 0.19 0.14 0.08 0.04 0.04 0.03 0.04

Fortis Healthcare Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 31.17 31.17 31.17 31.17 31.17 31.17 31.17 31.17 31.17 31.17
FII 30.03 23.71 23.24 23.31 25.26 26.77 27.4 27.17 27.9 27.84
DII 22.16 29.41 31.15 32.31 30.73 30.05 29.46 29.79 29.14 29.33
Public 16.64 15.71 14.45 13.22 12.84 12.01 11.97 11.87 11.79 11.67
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Fortis Healthcare News

Fortis Healthcare Pros & Cons

Pros

  • Company has delivered good profit growth of 54% CAGR over last 5 years
  • Debtor days have improved from 162.59 to 153.11days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 31.17%.
  • Company has a low return on equity of 9% over the last 3 years.
  • Stock is trading at 7.1 times its book value.
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