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Fortis Healthcare Ltd Share Price

(FORTIS)

₹644.52.85%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Fortis Healthcare Ltd Analyst Rating

based on 14 analysts

BUY

93.33%

Buy

0.00%

Hold

6.67%

Sell

Based on 14 analysts offering long term price targets for Fortis Healthcare Ltd. An average target of ₹706.21

Source: S&P Global Market Intelligence

Fortis Healthcare Ltd Share analysis

Fortis Healthcare Ltd price forecast by 14 analysts

Upside of9.57%

High

₹787

Target

₹706.21

Low

₹550

Fortis Healthcare Ltd target price ₹706.21, a slight upside of 9.57% compared to current price of ₹644.5. According to 14 analysts rating.

Source: S&P Global Market Intelligence

Fortis Healthcare Ltd Performance

  • Day's Low

    Day's High

    ₹641.05
    Day's Price Range
    ₹664.8
  • 52 Week's Low

    52 Week's High

    ₹163.42
    52-Week Price Range
    ₹744.5
1 Month Return-5.6 %
3 Month Return+ 5.73 %
1 Year Return+ 53.02 %
Previous Close₹663.40
Open₹664.80
Volume10.18L
Upper Circuit-
Lower Circuit-
Market Cap₹50,083.92Cr

Fortis Healthcare Ltd Key Statistics

P/E Ratio74.17
PEG Ratio51.86
Market Cap₹50,083.92 Cr
P/B Ratio3.49
EPS8.55
Dividend Yield0.24
SectorHealthcare
ROE1.37

Fortis Healthcare Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹50,083.92 Cr70.05%0.54₹645 Cr₹7,175 Cr
BUY₹1,02,069.00 Cr163.74%0.53₹1,057 Cr₹5,704 Cr
BUY₹97,624.75 Cr63.8%0.65₹917 Cr₹19,059 Cr
BUY₹26,774.33 Cr51.37%0.69₹789 Cr₹5,018 Cr
BUY₹24,518.51 Cr41.11%0.58₹336 Cr₹2,498 Cr

About Fortis Healthcare Ltd

Fortis Healthcare Ltd. is one of the leading healthcare providers in India, with a presence in over 50 cities across the country. Incorporated in 1996, the company offers a comprehensive range of healthcare services, including primary care, secondary care, tertiary care, and quaternary care. It operates in the areas of diagnostics, clinical operations, preventive healthcare, and home healthcare. The company also provides specialty services such as cardiology, neurology, orthopedics, and oncology.

Fortis Healthcare Ltd. is well known for its top products, such as medical equipment, pharmaceuticals, diagnostics, and medical devices. It also has a wide range of popular brands, such as Fortis Health, Fortis Care, and Fortis Plus.

Share Price: ₹644.50 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹50,083.92Cr as of today
Revenue: ₹1,988.39Cr as on September 2024 (Q3 24)
Net Profit: ₹193.08Cr as on September 2024 (Q3 24)
Listing date: 09 May, 2007
Chairperson Name: Ravi Rajagopal
OrganisationFortis Healthcare Ltd
Headquarters
IndustryHealthcare
E-voting on sharesClick here to vote

Key events for Fortis Healthcare Ltd

  • Allegations of Fund Siphoning at Fortis Healthcare - 18 Jan, 2025

    Fortis Healthcare faces allegations of siphoning Rs 472 crore, with the Singh brothers implicated. In 2019, Fortis sought legal action against them to recover dues.
  • Fortis Healthcare Acquires Majority Stake in Agilus - 17 Jan, 2025

    On January 17, 2025, Fortis Healthcare announced the completion of its acquisition of a 31.52% stake in Agilus Diagnostics, raising its ownership to 89.2%. JM Financial also predicts a high likelihood of Fortis being included in the MSCI Standard Index.
  • Fortis Healthcare Sees Strong Stock Performance and New Initiatives - 14 Jan, 2025

    Fortis Healthcare's stock has rallied 178% since May 2023, with expected inflows of $176 million from MSCI index addition. The company also launched an emergency helpline campaign in Mumbai.
  • Fortis Healthcare Shows Strong Investment Potential - 01 Jan, 2025

    Fortis Healthcare presents a compelling investment case, driven by impressive revenue growth, improved occupancy rates, and strategic expansions. Leadership in cardiac and oncology therapies, along with rising insurance penetration in India, is expected to sustain strong demand for its services.
  • Fortis Healthcare Experiences Volatile Trading Days - 31 Dec, 2024

    Fortis Healthcare stock rose 3.07% on December 30, outperforming its sector. However, it declined 3.38% on December 31, despite a positive monthly performance.
  • Fortis Healthcare Hits All-Time High with Strong Gains - 30 Dec, 2024

    On December 30, 2024, Fortis Healthcare achieved an all-time high, gaining 8.09% over two days and outperforming its sector. The stock has delivered a remarkable annual return of 74.91%, significantly exceeding the Sensex's performance.
  • Brokerage Firm Initiates Buy Rating on Fortis Healthcare - 28 Dec, 2024

    A brokerage firm has initiated a Buy rating on Fortis Healthcare, citing strong revenue growth and solid financial performance. The firm highlights the hospital chain's specialization in key therapies, predicting sustained demand. Investors are advised to add the stock to their portfolios with a target price of Rs 860 per share.
  • Leo Puri Appointed Chairman of Fortis Healthcare - 27 Dec, 2024

    Fortis Healthcare Ltd has appointed Leo Puri as Chairman of its Board of Directors, effective December 27, 2024. Puri, an experienced leader, will guide the company's strategic direction and operations. His appointment follows the interim chairmanship of Indrajit Banerjee, who will remain on the board. The company reported a 4.99% increase in net profit for Q2 FY25.
  • Fortis Healthcare Reports Growth in ARPOB - 25 Dec, 2024

    Fortis Healthcare reported growth in Average Revenue Per Occupied Bed (ARPOB) for 2024, driven by a favorable case mix and increased patient volumes in high-revenue specialties like oncology and neurosciences. The company attributes this growth to expanded bed capacity, advanced medical infrastructure, and a revival in international medical tourism post-COVID-19.
  • Fortis Healthcare Expands Stake in Agilus Diagnostics - 20 Dec, 2024

    Fortis Healthcare has acquired a 7.61% stake in Agilus Diagnostics from IFC for ₹429.37 crore, as part of a broader plan to acquire 31.52% equity in Agilus. The acquisition is expected to enhance Fortis's market position in diagnostics.

Insights on Fortis Healthcare Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, FORTIS stock has moved up by 10.9%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.31% to 25.26% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, FORTIS has outperformed top 5 stocks with highest market-cap in Healthcare Facilities & Services

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 1.69K Cr → 2.00K Cr (in ₹), with an average increase of 5.4% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 165.96 Cr → 176.46 Cr (in ₹), with an average increase of 6.0% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 31.17% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Max Healthcare Institute Ltd has given 173.0% return, outperforming this stock by 41.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.21% to 12.84% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 27.52% to 27.23% in Sep 2024 quarter

Fortis Healthcare Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,769.95Cr (-)₹1,679.68Cr (↓5.10%)₹1,785.88Cr (↑6.32%)₹1,858.90Cr (↑4.09%)₹1,988.39Cr (↑6.97%)
Net Income₹183.90Cr (-)₹134.23Cr (↓27.01%)₹203.14Cr (↑51.34%)₹173.98Cr (↓14.35%)₹193.08Cr (↑10.98%)
Net Profit Margin10.39% (-)7.99% (↓23.10%)11.37% (↑42.30%)9.36% (↓17.68%)9.71% (↑3.74%)
Value in ₹ crore
Details2021202220232024
Total Assets₹10,784.39Cr (-)₹10,602.86Cr (↓1.68%)₹10,496.83Cr (↓1.00%)₹10,488.26Cr (↓0.08%)
Total Liabilities₹1,902.86Cr (-)₹1,734.29Cr (↓8.86%)₹1,533.29Cr (↓11.59%)₹1,401.09Cr (↓8.62%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹99.92Cr (-)₹31.94Cr (↓68.03%)₹76.49Cr (↑139.48%)₹198.38Cr (↑159.35%)₹218.45Cr (↑10.12%)

Index Inclusions

BSE Healthcare

₹42,660.26

0.22 (95.19%)

Nifty 500

₹21,680.25

-0.16 (-34.3%)

Nifty Midcap 150

₹20,195.90

0.12 (23.25%)

S&P BSE 150 MidCap

₹15,138.10

0.09 (13.37%)

Nifty LargeMidcap 250

₹15,180.20

-0.07 (-10.05%)

BSE 500

₹34,083.34

-0.16 (-53.44%)

S&P BSE 400 MidSmallCap

₹11,515.38

0.04 (4.9%)

S&P BSE 250 LargeMidCap

₹10,088.08

-0.17 (-17.11%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE SmallCap Select

₹7,652.04

0.11 (8.62%)

Nifty MidSmallcap 400

₹18,978.85

0.06 (10.9%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

Fortis Healthcare Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
31.17%
0.00
Foreign Institutions
25.26%
8.38
Mutual Funds
27.23%
-1.07
Retail Investors
12.84%
-2.84
Others
3.51%
-26.78

Fortis Healthcare Ltd Key Indicators

Details20202021202220232024
Return On Equity %7.15-0.370.080.611.37
Details20202021202220232024
Return On Assets %0.54-1.025.245.615.71
Details20202021202220232024
Book Value Per Share (₹)88.2381.0681.8495.93101.5
Details20202021202220232024
Earning Per Share (₹)1.21-0.7410.468.388.55

Fortis Healthcare Ltd Valuation

Fortis Healthcare Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-166.21x)

June 25, 2021

Today (74.17x)

January 17, 2025

Industry (97.73x)

January 17, 2025

Highest (165.13x)

April 9, 2020

LowHigh

Fortis Healthcare Ltd Earnings and Dividends

  • Fortis Healthcare Ltd Earnings Results

    Fortis Healthcare Ltd’s net profit jumped 1.58% since last year same period to ₹176.46Cr in the Q2 2024-2025. On a quarterly growth basis, Fortis Healthcare Ltd has generated 6.33% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Fortis Healthcare Ltd Dividends May,2024

    In the quarter ending March 2024, Fortis Healthcare Ltd has declared dividend of ₹1 - translating a dividend yield of 0.31%.

    Read More about Dividends

Fortis Healthcare Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Fortis Healthcare Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Fortis Healthcare Ltd

Fortis Healthcare Ltd share price today stands at ₹644.5, Open. ₹664.8 ; Previous Close. ₹663.4 ; High. ₹664.8 ; Low. ₹641.05 ; 52 Week High. ₹744.5 ; 52 Week Low: ₹163.42.

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Fortis Healthcare Ltd is listed on NSE

Fortis Healthcare Ltd is listed on BSE

  • Today’s highest price of Fortis Healthcare Ltd is ₹664.8.
  • Today’s lowest price of Fortis Healthcare Ltd is ₹641.05.

PE Ratio of Fortis Healthcare Ltd is 74.17

PE ratio = Fortis Healthcare Ltd Market price per share / Fortis Healthcare Ltd Earnings per share

Today’s traded volume of Fortis Healthcare Ltd(FORTIS) is 10.18L.

Today’s market capitalisation of Fortis Healthcare Ltd(FORTIS) is ₹50083.92Cr.

Fortis Healthcare Ltd(FORTISPrice
52 Week High
₹744.5
52 Week Low
₹163.42

Fortis Healthcare Ltd(FORTIS) share price is ₹644.5. It is down -13.43% from its 52 Week High price of ₹744.5

Fortis Healthcare Ltd(FORTIS) share price is ₹644.5. It is up 294.38% from its 52 Week Low price of ₹163.42

Fortis Healthcare Ltd(FORTISReturns
1 Day Returns
-18.9%
1 Month Returns
-5.6%
3 Month Returns
5.73%
1 Year Returns
53.02%