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FORTIS MALAR HOSPITALS LIMITED

Healthcare › Healthcare Services
₹40.50
at close · 28 Oct 2026
▲ 0.50 (+1.25%)

Latest filings

Next results: Tue, 3 Nov · Financial Results
  1. Board to approve September 2026 quarterly and half-year results · Results
  2. Dr Ritu Garg resigns; Dr S Narayani appointed to board · Management Changes
  3. Director resignation followed by same-day replacement · Management Changes
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

Following a slump sale of its hospital business to MGM Healthcare during FY24, the company has ceased all business operations and now records no revenue from operations. Management and the Board are evaluating corporate restructuring options with no visibility of commencing new operations. Statutory auditors B S R & Co. LLP issued an unmodified opinion but added an Emphasis of Matter regarding going concern. The company holds approximately Rs 3,458.24 lakh in cash and bank balances. Contingent liabilities include medico-legal claims of about Rs 649.40 lakh and VAT-related demands of about Rs 254.93 lakh.

Operating scale
Consolidated total income
Rs 635.29 lakhFY26
Consolidated PAT
Rs 413.74 lakhFY26
Standalone PAT
Rs 420.26 lakhFY26
Q4 FY26 standalone P&L
Net loss of Rs 2.98 lakhQ4 FY26
AGM
35th AGMJuly 29, 2026
Cost auditor remuneration
Rs 75,000FY26
Who pays it
None currently — no business operations after slump sale of hospital business to MGM Healthcare
Kind of business
Cash shell — no active business after slump sale of hospital operations
Where it sits
BSE-listed entity classified under Healthcare Services / Hospital industry; currently a non-operating cash shell post-slump-sale
Market Cap
₹76 Cr
P / E (TTM)
17.9×
EV / EBITDA
15.8×
Div Yield
—
Growth
-76.4%▼
Revenue 5y CAGR
PAT — · EBITDA -11.6%
Quality
1.9%·
ROCE (5y median)
ROE 1.3% (5y median) · margin 9248.5%
Leverage
0.00·
Debt / Equity · low
Net cash ₹1.29 Cr
Revenue FY21→FY26
0.0×▼
Margin +8108.0 pts
₹69 Cr → ₹0 Cr
Cash conversion
0.28×▼
Operating cash ÷ profit · 5 yrs
₹7 Cr on ₹26 Cr
Moves on a normal day
0.96%·
Median daily move
Last 268 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)#8/30
P/B#4/24
ROCE#9/30
ROE#12/24
Debt / Equity#1/24
EBITDA margin#1/24
Profit growth#21/21

Scorecard

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

Strengths
No borrowings on the balance sheet
lower than 91% of its 24 Hospital peers
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Revenue shrinking over 5 years (−76% a year)
Erratic profits — up in only 2 of the last 5 years
Returns on capital 1.9% (5-year median)
#9 of 30 in Hospital on the latest reported figures · up from −2.8% in FY21
Over 5 years it reported ₹26 Cr of profit and ₹7.32 Cr of operating cash — 0.28×
Less than 60p of every ₹1 of profit arrived as cash

Charts

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

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 MALAR HOSPITALS LIMITED's filed financials and exchange disclosures

What does FORTIS MALAR HOSPITALS LIMITED do?

FORTIS MALAR HOSPITALS LIMITED is a Healthcare Services company listed on BSE.

Is FORTIS MALAR HOSPITALS LIMITED profitable?

Yes. Over the trailing twelve months FORTIS MALAR HOSPITALS LIMITED reported a net profit of ₹4.14 Cr on revenue of ₹0.05 Cr.

Does FORTIS MALAR HOSPITALS LIMITED pay a dividend?

Not in the latest reported year — FORTIS MALAR HOSPITALS LIMITED's dividend payout for FY26 was nil.

Is FORTIS MALAR HOSPITALS LIMITED debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹1.29 Cr of cash.

Is FORTIS MALAR HOSPITALS LIMITED expensive compared with its peers?

On trailing P/E, FORTIS MALAR HOSPITALS LIMITED ranks 8 of 30 in Hospital — cheaper than 76% of them, against an industry median of 42.0×. This is a position, not a valuation judgement.

How much does the FORTIS MALAR HOSPITALS LIMITED share price move in a day?

On a typical session FORTIS MALAR HOSPITALS LIMITED moves 0.96% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are FORTIS MALAR HOSPITALS LIMITED's next results?

Financial Results on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track FORTIS MALAR HOSPITALS LIMITED's announcements?

Every NSE and BSE filing by FORTIS MALAR HOSPITALS LIMITED 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.