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NSE:FORTIS

FORTIS HEALTHCARE LTD

Healthcare › Healthcare Services·NIFTY 200NIFTY 500NIFTY INDIA FPI 150NIFTY LARGEMIDCAP 250+11
₹736.50
at close · 27 Oct 2026
▲ 3.55 (+0.48%)

Latest filings

  1. Routine compliance certificate on share dematerialization filed for Q2 FY27 · Compliance
  2. Fortis Healthcare arm to invest in captive solar power SPV in Haryana · Capex & Operations
  3. Fortis Healthcare reports listed debt securities status as of September 30, 2026 · Fund Raising
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a chain of multi-specialty hospitals and a diagnostic services business under the Agilus brand. The hospital arm runs 36 facilities across 12 states with over 6,000 beds and accounted for 83.6% of FY26 segment revenue with EBIT of INR 1,393.7 cr; focus specialties made up 62% of hospital revenue and international patient revenue reached INR 639 cr. Agilus Diagnostics contributed 16.4% of segment revenue at INR 1,526.56 cr, processing roughly 10 million tests in FY26 with EBITDA margin expanding to 23.6% from 17.7%. In FY26, hospital occupancy was 68% with 3,270 occupied beds and ARPOB of INR 2.51 cr per annum. The cost structure is dominated by other operating expenses (40.1% of revenue) and employee costs (14.2%), with capex running at 10.4% of revenue. Growth is being driven by bed expansion: 1,800 brownfield beds are planned over four years, with 500+ targeted in FY27 and a new 300-bed O&M agreement signed in Cuttack.

Revenue mix · reported segments
Healthcare83.6%
Diagnostics16.4%
Operating scale
Facilities with hospital EBITDA margin >20%
13 facilitiesFY26
Hospital EBITDA margin
22.2%FY26
Beds added in FY26
~800 beds (acquisitions + brownfield)FY26
Brownfield beds planned
1,800 beds over 4 yearsFY27-FY30
Annual capex guidance
INR 900 cr (60% maintenance, 40% growth)FY27
New asset-light entry
300-bed O&M agreement in Cuttack, OdishaFY27
Who pays it
Patients seeking tertiary and quaternary hospital care and diagnostic tests, including international patients
Biggest cost
Other operating expenses at 40.1% of revenue (consumables, outsourced services, facilities), followed by employee costs at 14.2%
Kind of business
Asset-heavy hospital operator with a growing diagnostics subsidiary, expanding via brownfield beds and selective O&M deals
Where it sits
Indian hospital chain with 36 facilities across 12 states and over 6,000 beds, adding its first major presence in Odisha through an asset-light O&M model
Market Cap
₹55,603 Cr
P / E (TTM)
53.1×
EV / EBITDA
26.9×
Div Yield
0.14%
Growth
17.8%▲
Revenue 5y CAGR
PAT — · EBITDA +36.1%
Quality
9.8%·
ROCE (5y median)
ROE 8.8% (5y median) · margin 23.2%
Leverage
0.28·
Debt / Equity · low
Net debt ₹2,466 Cr
Revenue FY21→FY26
2.3×▲
Margin +13.1 pts
₹4,030 Cr → ₹9,128 Cr
Cash conversion
1.47×▲
Operating cash ÷ profit · 5 yrs
₹5,813 Cr on ₹3,942 Cr
Moves on a normal day
1.03%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 29 Hospital peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#22/30
P/B#13/24
ROCE#17/30
ROE#15/24
Debt / Equity#15/24
EBITDA margin#12/24
Revenue growth#15/23
Profit growth#14/21

Scorecard

Measured from the filed financials, judged against its Hospital peers · as of FY26 — not investment advice

Strengths
Revenue compounding 18% a year over 5 years
Over 5 years it reported ₹3,942 Cr of profit and ₹5,813 Cr of operating cash — 1.47×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

FORTIS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from FORTIS HEALTHCARE LTD's filed financials and exchange disclosures

What does FORTIS HEALTHCARE LTD do?

FORTIS HEALTHCARE LTD is a Healthcare Services company listed on NSE and BSE, trading under the symbol FORTIS.

Is FORTIS HEALTHCARE LTD profitable?

Yes. Over the trailing twelve months FORTIS HEALTHCARE LTD reported a net profit of ₹1,070 Cr on revenue of ₹9,506 Cr.

Does FORTIS HEALTHCARE LTD pay a dividend?

Yes. The dividend yield is 0.14% at the current price. It paid out 7% of its profit as dividend in FY26.

Is FORTIS HEALTHCARE LTD debt-free?

No. It reported borrowings of ₹2,873 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹2,466 Cr after cash. Debt stands at 0.28× equity. That is higher than 61% of its 24 Hospital peers.

Is FORTIS HEALTHCARE LTD expensive compared with its peers?

On trailing P/E, FORTIS HEALTHCARE LTD ranks 22 of 30 in Hospital — cheaper than 28% of them, against an industry median of 42.1×. This is a position, not a valuation judgement.

How much does the FORTIS HEALTHCARE LTD share price move in a day?

On a typical session FORTIS HEALTHCARE LTD moves 1.03% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track FORTIS HEALTHCARE LTD's announcements?

Every NSE and BSE filing by FORTIS HEALTHCARE LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.