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Fortis Healthcare Ltd
Previous close
₹616.05
Day range
₹585.45 - ₹611.15
Year range
₹375.05 - ₹744.50
Market cap
446.60B INR
Avg Volume
1.37M
P/E ratio
68.19
Dividend yield
0.17%
Primary exchange
NSE
Market news
Financials
Income Statement
Revenue
Net income
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 19.88B | 12.34% |
Operating expense | 4.89B | 7.11% |
Net income | 1.76B | 1.58% |
Net profit margin | 8.87 | -9.58% |
Earnings per share | 2.92 | 29.25% |
EBITDA | 4.33B | 32.06% |
Effective tax rate | 26.04% | — |
Balance Sheet
Total assets
Total liabilities
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 6.01B | 75.70% |
Total assets | 135.97B | 6.35% |
Total liabilities | 48.67B | 13.06% |
Total equity | 87.30B | — |
Shares outstanding | 754.10M | — |
Price to book | 5.92 | — |
Return on assets | — | — |
Return on capital | 8.66% | — |
Cash Flow
Net change in cash
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.76B | 1.58% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Fortis Healthcare Limited is an Indian for-profit private hospital network headquartered in Gurgaon, India. The company began its operations in Mohali, Punjab, where the first Fortis hospital was established. It later expanded by acquiring the healthcare division of Escorts Group, including the Escorts Heart and Research Center, Okhla, Delhi.
The Fortis Memorial Research Institute in Gurgaon serves as the headquarters for Fortis Healthcare. It has been recognized in industry rankings, including being listed as the 23rd "smart hospital" globally in 2021. It was also ranked the 22nd-best hospital in India by Newsweek in 2022.
In addition to its Gurgaon facility, Fortis Healthcare operates hospitals in the Delhi NCR, including locations in Faridabad, Noida, Vasant Kunj, and Shalimar Bagh, along with other facilities across India, Dubai, and Sri Lanka. The company currently manages 36 healthcare facilities.
Malaysia's IHH Healthcare is the largest shareholder of Fortis Healthcare, holding a 31.1% stake. In a board meeting held in Mohali, representatives from IHH Healthcare were appointed to the Fortis board. Wikipedia
Founded
1996
Headquarters
Website
Employees
12,088