Fortis Healthcare Ltd.
•₹ 907.1-1.06%
2026-08-21
PROS
- Company has delivered good profit growth of 122.8% CAGR over last 5 years
- Company has delivered good sales growth of 23.1% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.35x)
- Company has been maintaining a healthy dividend payout of 32.8%
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (61.3% of PBT)
- Company has a low return on capital employed of 3.3%
- Company has a low return on equity of 1.8% over last 3 years
- Recurring exceptional / one-off items are inflating headline profit
- Operating margins have contracted to 22.2% from 26.9%
- Stock is trading at 6.5x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | APOLLOHOSP | 8720.00 | 60.00 | 125380.22 | 0.23 | 610.40 | 38.41 | 7043.50 | 20.56 | 21.73 | 15.70 |
| 2. | MAXHEALTH | 998.70 | 66.72 | 97201.12 | 0.20 | 322.96 | 4.87 | 2366.17 | 16.70 | 14.97 | 25.29 |
| 3. | MANIPALHOS | 724.25 | 106.76 | 95266.19 | 0.00 | 2434.30 | — | 30906.30 | — | 13.93 | 23.83 |
| 4. | FORTIS | 910.80 | 65.62 | 68761.59 | 0.11 | 272.80 | 2.26 | 2545.03 | 17.46 | 14.07 | 21.28 |
| 5. | ASTERDM | 761.40 | 208.26 | 66369.14 | 0.00 | 29.28 | -68.70 | 1310.68 | 21.60 | 11.46 | 19.53 |
| 6. | MEDANTA | 1408.60 | 68.10 | 37873.28 | 0.04 | 157.25 | -1.09 | 1304.05 | 26.50 | 20.50 | 21.99 |
| 7. | NH | 1797.40 | 45.01 | 36731.81 | 0.25 | 207.27 | 5.37 | 2683.63 | 78.05 | 16.20 | 17.43 |
| 8. | KIMS | 790.00 | 162.41 | 33180.51 | 0.00 | 37.40 | -56.00 | 1179.50 | 35.33 | 11.51 | 19.03 |
| 9. | LALPATHLAB | 1888.50 | 58.49 | 31698.25 | 1.09 | 1705.00 | 1172.39 | 7977.00 | 1090.95 | 29.56 | 31.03 |
| 10. | AGARWALEYE | 503.00 | 107.48 | 15946.42 | 0.00 | 55.02 | 44.56 | 614.02 | 25.97 | 14.32 | 27.75 |
| 11. | VIJAYA | 1497.20 | 82.25 | 15420.82 | 0.13 | 53.10 | 37.61 | 230.98 | 22.83 | 30.27 | 42.66 |
| 12. | RAINBOW | 1459.40 | 51.94 | 14822.64 | 0.24 | 62.54 | 16.23 | 469.99 | 33.17 | 28.25 | 28.65 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 289 | 294 | 291 | 307 | 333 | 357 | 367 | 388 | 433 | 456 | 443 | 461 | 489 | |
| 254 | 255 | 242 | 238 | 275 | 297 | 300 | 318 | 345 | 356 | 344 | 350 | 462 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 31 | 48 | 32 | 32 | 35 | 104 | 34 | 25 | 40 | 92 | 16 | 17 | 19 |
| Interest | 23 | 21 | 19 | 18 | 17 | 16 | 27 | 52 | 52 | 51 | 56 | 48 | 47 |
| Depreciation | 25 | 25 | 25 | 26 | 26 | 27 | 29 | 31 | 30 | 28 | 30 | 30 | 30 |
| 18 | 104 | 36 | 90 | 50 | 52 | 51 | -39 | 63 | 135 | 34 | 37 | 59 | |
| Tax % | 27.07% | 7.92% | 35.90% | 23.75% | 46.87% | 23.80% | 22.14% | -8.56% | 17.61% | 7.33% | 16.91% | 33.15% | 19.44% |
| Net Profit | 13 | 95 | 23 | 68 | 27 | 40 | 40 | -42 | 52 | 125 | 28 | 25 | 48 |
| 0 | 1 | 0 | 1 | 0 | 1 | 1 | -1 | 1 | 2 | 0 | 0 | 0 | |
| Equity Capital | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 289
- 254
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 23
- Depreciation
- 25
- 18
- Tax %
- 27.07%
- Net Profit
- 13
- 0
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 294
- 255
- Operating Profit
- —
- OPM %
- —
- Other Income
- 48
- Interest
- 21
- Depreciation
- 25
- 104
- Tax %
- 7.92%
- Net Profit
- 95
- 1
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 291
- 242
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 19
- Depreciation
- 25
- 36
- Tax %
- 35.90%
- Net Profit
- 23
- 0
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 307
- 238
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 18
- Depreciation
- 26
- 90
- Tax %
- 23.75%
- Net Profit
- 68
- 1
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 333
- 275
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 17
- Depreciation
- 26
- 50
- Tax %
- 46.87%
- Net Profit
- 27
- 0
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 357
- 297
- Operating Profit
- —
- OPM %
- —
- Other Income
- 104
- Interest
- 16
- Depreciation
- 27
- 52
- Tax %
- 23.80%
- Net Profit
- 40
- 1
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 367
- 300
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 27
- Depreciation
- 29
- 51
- Tax %
- 22.14%
- Net Profit
- 40
- 1
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 388
- 318
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 52
- Depreciation
- 31
- -39
- Tax %
- -8.56%
- Net Profit
- -42
- -1
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 433
- 345
- Operating Profit
- —
- OPM %
- —
- Other Income
- 40
- Interest
- 52
- Depreciation
- 30
- 63
- Tax %
- 17.61%
- Net Profit
- 52
- 1
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 456
- 356
- Operating Profit
- —
- OPM %
- —
- Other Income
- 92
- Interest
- 51
- Depreciation
- 28
- 135
- Tax %
- 7.33%
- Net Profit
- 125
- 2
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 443
- 344
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 56
- Depreciation
- 30
- 34
- Tax %
- 16.91%
- Net Profit
- 28
- 0
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 461
- 350
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 48
- Depreciation
- 30
- 37
- Tax %
- 33.15%
- Net Profit
- 25
- 0
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 489
- 462
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 47
- Depreciation
- 30
- 59
- Tax %
- 19.44%
- Net Profit
- 48
- 0
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 755
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 645 | 659 | 656 | 702 | 633 | 863 | 1,053 | 1,181 | 1,446 | 1,792 | 1,849 | |
| 792 | 697 | 782 | 634 | 605 | 747 | 920 | 989 | 1,190 | 1,395 | 1,513 | |
| Operating Profit | 23 | 100 | 399 | 1,006 | 220 | 249 | 283 | 336 | 454 | 562 | — |
| OPM % | 4 | 15 | 61 | 143 | 35 | 29 | 27 | 28 | 31 | 31 | — |
| Other Income | 169 | 138 | 524 | 938 | 192 | 134 | 150 | 143 | 199 | 165 | 144 |
| Interest | 106 | 64 | 192 | 160 | 141 | 130 | 106 | 82 | 112 | 206 | 201 |
| Depreciation | 27 | 29 | 27 | 97 | 111 | 113 | 116 | 101 | 113 | 118 | 118 |
| -114 | -60 | 180 | 621 | 24 | -9 | 109 | 247 | 114 | 269 | 266 | |
| Tax % | 34 | -6 | 31 | 17 | 83 | -47 | 12 | 19 | 44 | 15 | 15 |
| Net Profit | -75 | -64 | 123 | 513 | 4 | -13 | 96 | 199 | 64 | 230 | 226 |
| EPS | -2 | -1 | 2 | 7 | 0 | -0 | 1 | 3 | 1 | 3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 78 | 38 | 118 | 33 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -1 | -1 | 2 | 7 | 0 | -0 | 1 | 3 | 1 | 3 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -1 | -1 | 2 | 7 | 0 | -0 | 1 | 3 | 1 | 3 | — |
Mar 2017
- 645
- 792
- Operating Profit
- 23
- OPM %
- 4
- Other Income
- 169
- Interest
- 106
- Depreciation
- 27
- -114
- Tax %
- 34
- Net Profit
- -75
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2018
- 659
- 697
- Operating Profit
- 100
- OPM %
- 15
- Other Income
- 138
- Interest
- 64
- Depreciation
- 29
- -60
- Tax %
- -6
- Net Profit
- -64
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2019
- 656
- 782
- Operating Profit
- 399
- OPM %
- 61
- Other Income
- 524
- Interest
- 192
- Depreciation
- 27
- 180
- Tax %
- 31
- Net Profit
- 123
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 702
- 634
- Operating Profit
- 1,006
- OPM %
- 143
- Other Income
- 938
- Interest
- 160
- Depreciation
- 97
- 621
- Tax %
- 17
- Net Profit
- 513
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2021
- 633
- 605
- Operating Profit
- 220
- OPM %
- 35
- Other Income
- 192
- Interest
- 141
- Depreciation
- 111
- 24
- Tax %
- 83
- Net Profit
- 4
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 863
- 747
- Operating Profit
- 249
- OPM %
- 29
- Other Income
- 134
- Interest
- 130
- Depreciation
- 113
- -9
- Tax %
- -47
- Net Profit
- -13
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2023
- 1,053
- 920
- Operating Profit
- 283
- OPM %
- 27
- Other Income
- 150
- Interest
- 106
- Depreciation
- 116
- 109
- Tax %
- 12
- Net Profit
- 96
- EPS
- 1
- Dividend Payout %
- 78
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 1,181
- 989
- Operating Profit
- 336
- OPM %
- 28
- Other Income
- 143
- Interest
- 82
- Depreciation
- 101
- 247
- Tax %
- 19
- Net Profit
- 199
- EPS
- 3
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2025
- 1,446
- 1,190
- Operating Profit
- 454
- OPM %
- 31
- Other Income
- 199
- Interest
- 112
- Depreciation
- 113
- 114
- Tax %
- 44
- Net Profit
- 64
- EPS
- 1
- Dividend Payout %
- 118
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2026
- 1,792
- 1,395
- Operating Profit
- 562
- OPM %
- 31
- Other Income
- 165
- Interest
- 206
- Depreciation
- 118
- 269
- Tax %
- 15
- Net Profit
- 230
- EPS
- 3
- Dividend Payout %
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 1,849
- 1,513
- Operating Profit
- —
- OPM %
- —
- Other Income
- 144
- Interest
- 201
- Depreciation
- 118
- 266
- Tax %
- 15
- Net Profit
- 226
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 23%
- 3 Years:
- 19%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 123%
- 3 Years:
- 34%
STOCK PRICE CAGR
- 10 Years:
- 17%
- 5 Years:
- 27%
- 3 Years:
- 41%
- 1 Year:
- -4%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 1%
- 3 Years:
- 2%
- Last Year:
- 3%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 518 | 519 | 755 | 755 | 755 | 755 | 755 | 755 | 755 | 755 |
| 3,734 | 3,679 | 7,582 | 8,121 | 8,127 | 8,114 | 8,209 | 8,332 | 8,319 | 8,474 | |
| 463 | 321 | 1,130 | 99 | 117 | 57 | 88 | 49 | 39 | 10 | |
| Trade Payables | 140 | 146 | 196 | 212 | 214 | 277 | 416 | 519 | 670 | 478 |
| 240 | 288 | 446 | 1,544 | 1,538 | 1,398 | 1,091 | 969 | 2,504 | 2,594 | |
| Total Liabilities | 5,094 | 4,952 | 10,108 | 10,730 | 10,750 | 10,600 | 10,558 | 10,624 | 12,286 | 12,310 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 186 | 203 | 180 | 906 | 853 | 770 | 492 | 467 | 925 | 1,266 | |
| Capital Work in Progress | 193 | 159 | 158 | 29 | 6 | 6 | 3 | 259 | 42 | 95 |
| 3,603 | 3,658 | 8,310 | 8,153 | 8,898 | 8,845 | 8,848 | 8,834 | 10,178 | 10,071 | |
| 6 | 7 | 6 | 10 | 9 | 14 | 13 | 13 | 17 | 21 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 131 | 181 | 240 | |
| Cash & Bank | 6 | 89 | 33 | 4 | 4 | 1 | 1 | 120 | 49 | 4 |
| 1,102 | 836 | 1,422 | 1,627 | 980 | 963 | 1,202 | 799 | 893 | 612 | |
| Total Assets | 5,094 | 4,952 | 10,108 | 10,730 | 10,750 | 10,600 | 10,558 | 10,624 | 12,286 | 12,310 |
| Total Debt | 647 | 555 | 1,450 | 720 | 780 | 642 | 370 | 316 | 1,779 | 1,971 |
| Net Working Capital | -358 | -147 | -1,035 | -110 | -87 | -57 | -210 | -119 | -605 | -676 |
| Contingent Liabilities | 1,831 | 1,066 | 1,783 | 1,408 | 1,578 | 1,600 | 1,587 | 206 | 203 | 218 |
| Book Value per Share | 82.12 | 80.93 | 110.43 | 117.56 | 117.64 | 117.47 | 118.73 | 120.37 | 120.19 | 122.24 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 647 | 555 | 1,450 | 720 | 780 | 642 | 370 | 316 | 1,779 | 1,971 |
| Net Working Capital | -358 | -147 | -1,035 | -110 | -87 | -57 | -210 | -119 | -605 | -676 |
| Contingent Liabilities | 1,831 | 1,066 | 1,783 | 1,408 | 1,578 | 1,600 | 1,587 | 206 | 203 | 218 |
| Book Value per Share | 82.12 | 80.93 | 110.43 | 117.56 | 117.64 | 117.47 | 118.73 | 120.37 | 120.19 | 122.24 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 518
- 3,734
- 463
- Trade Payables
- 140
- 240
- Total Liabilities
- 5,094
- 186
- Capital Work in Progress
- 193
- 3,603
- 6
- 0
- Cash & Bank
- 6
- 1,102
- Total Assets
- 5,094
- Total Debt
- 647
- Net Working Capital
- -358
- Contingent Liabilities
- 1,831
- Book Value per Share
- 82.12
- Face Value
- 10.00
- Total Debt
- 647
- Net Working Capital
- -358
- Contingent Liabilities
- 1,831
- Book Value per Share
- 82.12
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 519
- 3,679
- 321
- Trade Payables
- 146
- 288
- Total Liabilities
- 4,952
- 203
- Capital Work in Progress
- 159
- 3,658
- 7
- 0
- Cash & Bank
- 89
- 836
- Total Assets
- 4,952
- Total Debt
- 555
- Net Working Capital
- -147
- Contingent Liabilities
- 1,066
- Book Value per Share
- 80.93
- Face Value
- 10.00
- Total Debt
- 555
- Net Working Capital
- -147
- Contingent Liabilities
- 1,066
- Book Value per Share
- 80.93
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 755
- 7,582
- 1,130
- Trade Payables
- 196
- 446
- Total Liabilities
- 10,108
- 180
- Capital Work in Progress
- 158
- 8,310
- 6
- 0
- Cash & Bank
- 33
- 1,422
- Total Assets
- 10,108
- Total Debt
- 1,450
- Net Working Capital
- -1,035
- Contingent Liabilities
- 1,783
- Book Value per Share
- 110.43
- Face Value
- 10.00
- Total Debt
- 1,450
- Net Working Capital
- -1,035
- Contingent Liabilities
- 1,783
- Book Value per Share
- 110.43
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 755
- 8,121
- 99
- Trade Payables
- 212
- 1,544
- Total Liabilities
- 10,730
- 906
- Capital Work in Progress
- 29
- 8,153
- 10
- 0
- Cash & Bank
- 4
- 1,627
- Total Assets
- 10,730
- Total Debt
- 720
- Net Working Capital
- -110
- Contingent Liabilities
- 1,408
- Book Value per Share
- 117.56
- Face Value
- 10.00
- Total Debt
- 720
- Net Working Capital
- -110
- Contingent Liabilities
- 1,408
- Book Value per Share
- 117.56
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 755
- 8,127
- 117
- Trade Payables
- 214
- 1,538
- Total Liabilities
- 10,750
- 853
- Capital Work in Progress
- 6
- 8,898
- 9
- 0
- Cash & Bank
- 4
- 980
- Total Assets
- 10,750
- Total Debt
- 780
- Net Working Capital
- -87
- Contingent Liabilities
- 1,578
- Book Value per Share
- 117.64
- Face Value
- 10.00
- Total Debt
- 780
- Net Working Capital
- -87
- Contingent Liabilities
- 1,578
- Book Value per Share
- 117.64
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 755
- 8,114
- 57
- Trade Payables
- 277
- 1,398
- Total Liabilities
- 10,600
- 770
- Capital Work in Progress
- 6
- 8,845
- 14
- 0
- Cash & Bank
- 1
- 963
- Total Assets
- 10,600
- Total Debt
- 642
- Net Working Capital
- -57
- Contingent Liabilities
- 1,600
- Book Value per Share
- 117.47
- Face Value
- 10.00
- Total Debt
- 642
- Net Working Capital
- -57
- Contingent Liabilities
- 1,600
- Book Value per Share
- 117.47
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 755
- 8,209
- 88
- Trade Payables
- 416
- 1,091
- Total Liabilities
- 10,558
- 492
- Capital Work in Progress
- 3
- 8,848
- 13
- 0
- Cash & Bank
- 1
- 1,202
- Total Assets
- 10,558
- Total Debt
- 370
- Net Working Capital
- -210
- Contingent Liabilities
- 1,587
- Book Value per Share
- 118.73
- Face Value
- 10.00
- Total Debt
- 370
- Net Working Capital
- -210
- Contingent Liabilities
- 1,587
- Book Value per Share
- 118.73
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 755
- 8,332
- 49
- Trade Payables
- 519
- 969
- Total Liabilities
- 10,624
- 467
- Capital Work in Progress
- 259
- 8,834
- 13
- 131
- Cash & Bank
- 120
- 799
- Total Assets
- 10,624
- Total Debt
- 316
- Net Working Capital
- -119
- Contingent Liabilities
- 206
- Book Value per Share
- 120.37
- Face Value
- 10.00
- Total Debt
- 316
- Net Working Capital
- -119
- Contingent Liabilities
- 206
- Book Value per Share
- 120.37
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 755
- 8,319
- 39
- Trade Payables
- 670
- 2,504
- Total Liabilities
- 12,286
- 925
- Capital Work in Progress
- 42
- 10,178
- 17
- 181
- Cash & Bank
- 49
- 893
- Total Assets
- 12,286
- Total Debt
- 1,779
- Net Working Capital
- -605
- Contingent Liabilities
- 203
- Book Value per Share
- 120.19
- Face Value
- 10.00
- Total Debt
- 1,779
- Net Working Capital
- -605
- Contingent Liabilities
- 203
- Book Value per Share
- 120.19
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 755
- 8,474
- 10
- Trade Payables
- 478
- 2,594
- Total Liabilities
- 12,310
- 1,266
- Capital Work in Progress
- 95
- 10,071
- 21
- 240
- Cash & Bank
- 4
- 612
- Total Assets
- 12,310
- Total Debt
- 1,971
- Net Working Capital
- -676
- Contingent Liabilities
- 218
- Book Value per Share
- 122.24
- Face Value
- 10.00
- Total Debt
- 1,971
- Net Working Capital
- -676
- Contingent Liabilities
- 218
- Book Value per Share
- 122.24
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 | -15 | -61 | 100 | 32 | 76 | 198 | 218 | 334 | 116 | |
| Cash from Investing | -72 | 245 | -4,688 | 810 | 28 | 238 | 205 | 44 | -1,572 | 11 |
| Cash from Financing | 45 | -292 | 4,792 | -972 | 6 | -320 | -395 | -245 | 1,276 | -176 |
| -5 | -62 | 43 | -62 | 66 | -6 | 8 | 18 | 38 | -49 | |
| Free Cash Flow | -34 | -32 | -61 | -589 | -0 | 54 | 198 | -103 | -11 | -322 |
| OCF / Net Profit | -0.29 | 0.23 | -0.50 | 0.19 | 7.61 | -5.77 | 2.06 | 1.10 | 5.24 | 0.50 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -716 | -629 | -398 | -440 | 139 | -183 |
| OCF / Net Profit | -0.29 | 0.23 | -0.50 | 0.19 | 7.61 | -5.77 | 2.06 | 1.10 | 5.24 | 0.50 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -716 | -629 | -398 | -440 | 139 | -183 |
Mar 2017
- 22
- Cash from Investing
- -72
- Cash from Financing
- 45
- -5
- Free Cash Flow
- -34
- OCF / Net Profit
- -0.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.29
- Cumulative 5-Year FCF
- 0
Mar 2018
- -15
- Cash from Investing
- 245
- Cash from Financing
- -292
- -62
- Free Cash Flow
- -32
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- 0
Mar 2019
- -61
- Cash from Investing
- -4,688
- Cash from Financing
- 4,792
- 43
- Free Cash Flow
- -61
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- 0
Mar 2020
- 100
- Cash from Investing
- 810
- Cash from Financing
- -972
- -62
- Free Cash Flow
- -589
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.19
- Cumulative 5-Year FCF
- 0
Mar 2021
- 32
- Cash from Investing
- 28
- Cash from Financing
- 6
- 66
- Free Cash Flow
- -0
- OCF / Net Profit
- 7.61
- Cumulative 5-Year FCF
- -716
- OCF / Net Profit
- 7.61
- Cumulative 5-Year FCF
- -716
Mar 2022
- 76
- Cash from Investing
- 238
- Cash from Financing
- -320
- -6
- Free Cash Flow
- 54
- OCF / Net Profit
- -5.77
- Cumulative 5-Year FCF
- -629
- OCF / Net Profit
- -5.77
- Cumulative 5-Year FCF
- -629
Mar 2023
- 198
- Cash from Investing
- 205
- Cash from Financing
- -395
- 8
- Free Cash Flow
- 198
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- -398
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- -398
Mar 2024
- 218
- Cash from Investing
- 44
- Cash from Financing
- -245
- 18
- Free Cash Flow
- -103
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- -440
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- -440
Mar 2025
- 334
- Cash from Investing
- -1,572
- Cash from Financing
- 1,276
- 38
- Free Cash Flow
- -11
- OCF / Net Profit
- 5.24
- Cumulative 5-Year FCF
- 139
- OCF / Net Profit
- 5.24
- Cumulative 5-Year FCF
- 139
Mar 2026
- 116
- Cash from Investing
- 11
- Cash from Financing
- -176
- -49
- Free Cash Flow
- -322
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- -183
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- -183
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -1.44 | -1.23 | 1.63 | 6.80 | 0.06 | -0.18 | 1.27 | 2.64 | 0.84 | 3.05 |
| Book Value (₹) | 82.12 | 80.93 | 110.43 | 117.56 | 117.64 | 117.47 | 118.73 | 120.37 | 120.19 | 122.24 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Cash EPS (₹) | -0.93 | -0.67 | 1.99 | 8.08 | 1.52 | 1.32 | 2.81 | 3.98 | 2.34 | 4.62 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 3.51% | 15.20% | 60.79% | 143.38% | 34.74% | 28.92% | 26.85% | 16.32% | 17.67% | 22.15% |
| Net Margin % | -11.58% | -9.66% | 18.75% | 73.14% | 0.66% | -1.54% | 9.14% | 16.88% | 4.41% | 12.85% |
| ROE % | -1.87% | -1.51% | 1.96% | 5.96% | 0.05% | -0.15% | 1.08% | 2.21% | 0.70% | 2.52% |
| ROCE % | -0.16% | 0.07% | 5.10% | 8.05% | 1.72% | 1.26% | 2.28% | 3.51% | 2.23% | 4.31% |
| -1.48% | -1.27% | 1.63% | 4.93% | 0.04% | -0.12% | 0.91% | 1.88% | 0.56% | 1.87% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 50 | 41 | 43 | 43 | 45 | 32 | 30 | 35 | 39 | 43 |
| Inventory Days | 3 | 3 | 4 | 4 | 5 | 5 | 5 | 4 | 4 | 4 |
| Payable Days | 309 | 385 | 473 | 504 | 517 | 439 | 476 | 548 | 570 | 479 |
| -255 | -341 | -426 | -457 | -467 | -402 | -442 | -509 | -527 | -432 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.15x | 0.13x | 0.17x | 0.08x | 0.09x | 0.07x | 0.04x | 0.03x | 0.20x | 0.21x |
| Interest Coverage (x) | -0.07x | 0.05x | 1.93x | 4.88x | 1.17x | 0.93x | 2.02x | 4.01x | 2.03x | 2.31x |
| 0.49x | 0.73x | 0.26x | 0.77x | 0.82x | 0.88x | 0.67x | 0.84x | 0.39x | 0.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 5.48% | 2.23% | -0.45% | 6.91% | -9.83% | 36.30% | 22.06% | 12.20% | 22.39% | 23.97% |
| Operating Profit Growth % | -61.64% | 342.28% | 297.99% | 152.16% | -78.15% | 13.47% | 13.32% | 18.78% | 35.21% | 23.83% |
| Net Profit Growth % | -85.79% | 14.70% | 293.17% | 317.06% | -99.18% | -415.68% | 826.31% | 107.25% | -68.02% | 261.13% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 107.24% | -68.02% | 261.12% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 158.94x | 826.73x | 260.43x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.49x | 5.81x | 6.50x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% | 0.14% | 0.13% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 94.98x | 119.95x | 110.19x |
Mar 2017
- EPS (₹)
- -1.44
- Book Value (₹)
- 82.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.93
- Operating Margin %
- 3.51%
- Net Margin %
- -11.58%
- ROE %
- -1.87%
- ROCE %
- -0.16%
- -1.48%
- Debtor Days
- 50
- Inventory Days
- 3
- Payable Days
- 309
- -255
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- -0.07x
- 0.49x
- Revenue Growth %
- 5.48%
- Operating Profit Growth %
- -61.64%
- Net Profit Growth %
- -85.79%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -1.23
- Book Value (₹)
- 80.93
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.67
- Operating Margin %
- 15.20%
- Net Margin %
- -9.66%
- ROE %
- -1.51%
- ROCE %
- 0.07%
- -1.27%
- Debtor Days
- 41
- Inventory Days
- 3
- Payable Days
- 385
- -341
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 0.05x
- 0.73x
- Revenue Growth %
- 2.23%
- Operating Profit Growth %
- 342.28%
- Net Profit Growth %
- 14.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.63
- Book Value (₹)
- 110.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.99
- Operating Margin %
- 60.79%
- Net Margin %
- 18.75%
- ROE %
- 1.96%
- ROCE %
- 5.10%
- 1.63%
- Debtor Days
- 43
- Inventory Days
- 4
- Payable Days
- 473
- -426
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 1.93x
- 0.26x
- Revenue Growth %
- -0.45%
- Operating Profit Growth %
- 297.99%
- Net Profit Growth %
- 293.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.80
- Book Value (₹)
- 117.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.08
- Operating Margin %
- 143.38%
- Net Margin %
- 73.14%
- ROE %
- 5.96%
- ROCE %
- 8.05%
- 4.93%
- Debtor Days
- 43
- Inventory Days
- 4
- Payable Days
- 504
- -457
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 4.88x
- 0.77x
- Revenue Growth %
- 6.91%
- Operating Profit Growth %
- 152.16%
- Net Profit Growth %
- 317.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.06
- Book Value (₹)
- 117.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.52
- Operating Margin %
- 34.74%
- Net Margin %
- 0.66%
- ROE %
- 0.05%
- ROCE %
- 1.72%
- 0.04%
- Debtor Days
- 45
- Inventory Days
- 5
- Payable Days
- 517
- -467
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 1.17x
- 0.82x
- Revenue Growth %
- -9.83%
- Operating Profit Growth %
- -78.15%
- Net Profit Growth %
- -99.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -0.18
- Book Value (₹)
- 117.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.32
- Operating Margin %
- 28.92%
- Net Margin %
- -1.54%
- ROE %
- -0.15%
- ROCE %
- 1.26%
- -0.12%
- Debtor Days
- 32
- Inventory Days
- 5
- Payable Days
- 439
- -402
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 0.93x
- 0.88x
- Revenue Growth %
- 36.30%
- Operating Profit Growth %
- 13.47%
- Net Profit Growth %
- -415.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.27
- Book Value (₹)
- 118.73
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 2.81
- Operating Margin %
- 26.85%
- Net Margin %
- 9.14%
- ROE %
- 1.08%
- ROCE %
- 2.28%
- 0.91%
- Debtor Days
- 30
- Inventory Days
- 5
- Payable Days
- 476
- -442
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 2.02x
- 0.67x
- Revenue Growth %
- 22.06%
- Operating Profit Growth %
- 13.32%
- Net Profit Growth %
- 826.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 2.64
- Book Value (₹)
- 120.37
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 3.98
- Operating Margin %
- 16.32%
- Net Margin %
- 16.88%
- ROE %
- 2.21%
- ROCE %
- 3.51%
- 1.88%
- Debtor Days
- 35
- Inventory Days
- 4
- Payable Days
- 548
- -509
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 4.01x
- 0.84x
- Revenue Growth %
- 12.20%
- Operating Profit Growth %
- 18.78%
- Net Profit Growth %
- 107.25%
- 107.24%
- P/E (x)
- 158.94x
- P/B (x)
- 3.49x
- Dividend Yield %
- 0.24%
- 94.98x
Mar 2025
- EPS (₹)
- 0.84
- Book Value (₹)
- 120.19
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 2.34
- Operating Margin %
- 17.67%
- Net Margin %
- 4.41%
- ROE %
- 0.70%
- ROCE %
- 2.23%
- 0.56%
- Debtor Days
- 39
- Inventory Days
- 4
- Payable Days
- 570
- -527
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 2.03x
- 0.39x
- Revenue Growth %
- 22.39%
- Operating Profit Growth %
- 35.21%
- Net Profit Growth %
- -68.02%
- -68.02%
- P/E (x)
- 826.73x
- P/B (x)
- 5.81x
- Dividend Yield %
- 0.14%
- 119.95x
Mar 2026
- EPS (₹)
- 3.05
- Book Value (₹)
- 122.24
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 4.62
- Operating Margin %
- 22.15%
- Net Margin %
- 12.85%
- ROE %
- 2.52%
- ROCE %
- 4.31%
- 1.87%
- Debtor Days
- 43
- Inventory Days
- 4
- Payable Days
- 479
- -432
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 2.31x
- 0.33x
- Revenue Growth %
- 23.97%
- Operating Profit Growth %
- 23.83%
- Net Profit Growth %
- 261.13%
- 261.12%
- P/E (x)
- 260.43x
- P/B (x)
- 6.50x
- Dividend Yield %
- 0.13%
- 110.19x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-11 - Fortis Healthcare Limited has informed the Exchange about Transcript
- Shareholders meeting
2026-08-11 - Fortis Healthcare Limited has informed the Exchange about Shareholders meeting
Annual Reports
Credit Ratings
- Credit Rating
2026-01-06 - Fortis Healthcare Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-09-01 - Fortis Healthcare Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026