Fortis Healthcare

NSE: FORTISBSE: 532843
Compare with peers
₹ 759.50▲ 23 (+3.12%)28 Oct, 03:28 pm IST
Market cap
₹ 54,357 Cr.
P/E
53.8x
P/B
5.54x
52-week range
704.95 – 1,067.7
ROE
11%
ROCE
13%
Dividend yield
0.1%
Debt / equity
0.35
Sector
Healthcare Services
Industry
Hospital
Listed on
NSE, BSE

About

Fortis Healthcare Limited is an India-based integrated healthcare service provider. The Company is primarily engaged in the business of healthcare services. Its segment includes the Healthcare business and the Diagnostics business. The healthcare business includes inpatient and outpatient services, sale of medical and nonmedical items and management fees from hospitals. The diagnostic business includes pathology and radiology services. Its specialties include Cardiac sciences, Oncology, Neurosciences, Gastroenterology, Orthopedics, and others. The healthcare verticals of the Company primarily consist of day care specialty, diagnostics and tertiary and quaternary care. The Company has approximately 27 healthcare facilities in India, 4750 operational beds. It operates in India, United Arab Emirates, Nepal, and Sri Lanka.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Hospital: 41 companies →

Fortis Healthcare against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)53.8 against a typical 48.9: pricier than most peers (1st = cheapest).22nd of 40
  • Sales growth+17.4% against a typical +21.1% from a year earlier.21st of 34
  • Profit growth+2.2% against a typical +13% from a year earlier.21st of 31
  • Share price, 3 months−20.2% against a typical −10.9%.29th of 34
  • Size₹ 54,357 Cr. market value against a typical ₹ 1,306.7 Cr. (1st = largest).5th of 36

Latest announcements

Exchange filings and their impact on the company.

  • 12 Oct 2026General UpdatesLow impactPositivePrice −0.1% on 13 Oct
    Fortis to invest Rs 1.85 cr for 26% of a Haryana captive solar SPV to cut power costs.

    Fortis Hospotel, a wholly owned subsidiary of Fortis Healthcare, will acquire 26% of Clean Max Sau Private Limited, an SPV for a captive solar power project in Haryana. The cash investment is up to Rs 1.85 crore and is to be completed within 3 months. The project will supply renewable power for captive use to help meet green-energy needs and optimize energy costs.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA+ by CRISIL
AA+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AA+Stable9 Sep 2026
Credit rating actions
RatingDetails
9 Sep 2026
Reaffirmed
Crisil AA+—CRISIL₹ 1,975.98 Cr.
5 Jan 2026
Reaffirmed
Crisil AA+—CRISIL₹ 1,975.98 Cr.
1 Sep 2025
▲ Upgrade
Crisil AA+—CRISIL₹ 1,975.98 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
6 Aug 2026Financial ResultsTo consider and approve the Un-audited financial results (standalone & Consolidated) for the quarter ended Jun 30, 2026
22 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and recommendation of Final Dividend for the year ended March 31, 2026.
13 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
11 Nov 2025Financial ResultsTo consider and approve the Un - Audited financial results for the period ended September 30, 2025
6 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and Alteration of rights of debenture holders/ matters affecting the rights and interests of debenture holders of the existing 1,55,000 (One lac and fifty-five thousand) listed, senior, secured, rated, redeemable Non-Convertible Debenture, each having a face value of INR 1,00,000/- (Indian Rupees One lac) and an aggregate value of up to INR 1550,00,00,000/- (Indian Rupees One Thousand Five Hundred and Fifty Crores only)
20 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −27.84%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,7701,6801,7861,8591,9881,9282,0072,1672,3312,2652,3652,545
Expenses1,4401,3961,4051,5161,5541,5531,5721,6761,7751,7591,8322,008
Operating Profit330284381343435375435491556506532537
OPM %19%17%21%18%22%19%22%23%24%22%23%21%
Other Income18191714−4247−293150−34−228
Interest323335353645687075868480
Depreciation848792919597102101106120122122
Profit before tax233183271230261279237351425266324363
Tax %21%27%25%24%26%9%21%24%23%26%16%25%
Net Profit184134203174193254188267329197271273
EPS in Rs2.31.782.372.22.343.282.443.454.262.573.523.53

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
8%
5 Years
18%
3 Years
13%
TTM
18%
Compounded Profit Growth
10 Years
60%
5 Years
64%
3 Years
27%
TTM
16%
Stock Price CAGR
10 Years
17%
5 Years
27%
3 Years
41%
TTM
—
Return on Equity
10 Years
5%
5 Years
9%
3 Years
10%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
31.17%
0 pts in a year
FIIs
25.2%
−1.98 pts in a year
DIIs
32.23%
+2.44 pts in a year
Public
11.4%
−0.47 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 53.8xEPS (12 months) ₹ 14.13Median P/E 62.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Fortis Healthcare₹ 759.50₹ 54,357 Cr.53.8x5.5x11%—
Apollo Hospitals Enterprise₹ 7,731.95₹ 1,11,174 Cr.64.9x13.4x22%7.8%
Max Healthcare Institute₹ 817.00₹ 79,519 Cr.71.5x9.9x14.3%17.2%
Aster DM Healthcare₹ 651.00₹ 56,817 Cr.102.6x9.3x9.7%9.2%
Narayana Hrudayalaya₹ 1,667.25₹ 33,862 Cr.48.1x9.1x19.9%10.3%
Global Health₹ 1,165.00₹ 31,449 Cr.63.7x8.9x15.2%12.6%

Management

Ashutosh Raghuvanshi
Chief Executive Officer, Managing Director, Executive Director
Vivek Kumar Goyal
Chief Financial Officer
Satyendra Chauhan
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.