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Fortis Healthcare share price

Fortis Healthcare Ltd.

NSE: FORTIS BSE: 532843 SECTOR: Hospital & Healthcare Services  131k   522   82

420.20
+7.00 (1.69%)
NSE: Today, 04:09 PM

Price Summary

Today's High

₹ 421.95

Today's Low

₹ 410.2

52 Week High

₹ 469.7

52 Week Low

₹ 251

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

31723.34 Cr.

Enterprise Value

32092.09 Cr.

No. of Shares

75.5 Cr.

P/E

238.18

P/B

3.52

Face Value

₹ 10

Div. Yield

0.24 %

Book Value (TTM)

₹  119.46

CASH

1.03 Cr.

DEBT

369.78 Cr.

Promoter Holding

31.17 %

EPS (TTM)

₹  1.76

Sales Growth

22.06%

ROE

1.08 %

ROCE

2.28%

Profit Growth

826.31 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

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SRL La-femme

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year22.06%
3 Year14.48%
5 Year9.81%

Profit Growth

1 Year826.31%
3 Year-42.77%
5 Year28.55%

ROE%

1 Year1.08%
3 Year0.33%
5 Year1.78%

ROCE %

1 Year2.28%
3 Year1.75%
5 Year3.68%

Debt/Equity

0.0413

Price to Cash Flow

159.91

Interest Cover Ratio

2.02486871940355

CFO/PAT (5 Yr. Avg.)

0.477446925773058

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 31.17 0
Sep 2023 31.17 0
Jun 2023 31.17 0
Mar 2023 31.17 0
Dec 2022 31.17 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 272.548 Cr.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.288222249995883.
  • The company has an efficient Cash Conversion Cycle of -441.609468667637 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.60764697664516.

 Limitations

  • The company has shown a poor profit growth of -42.7660892586374% for the Past 3 years.
  • The company has shown a poor revenue growth of 14.4769813364385% for the Past 3 years.
  • Company has a poor ROE of 0.325792666982027% over the past 3 years.
  • Company has a poor ROCE of 1.7535495779814% over the past 3 years
  • Tax rate is low at 11.612266265016.
  • The company is trading at a high PE of 238.18.
  • The company is trading at a high EV/EBITDA of 109.8644.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 262.25 277.47 289.07 294.12 290.75
Total Expenditure 226.19 249.93 253.91 254.51 242.01
Operating Profit 36.06 27.54 35.16 39.61 48.74
Other Income 32.92 30.12 30.6 48.23 31.67
Interest 25.48 24.75 23.3 20.81 19.37
Depreciation 29.33 29.43 24.8 25.08 25.25
Exceptional Items 9.41 0 0 61.55 0
Profit Before Tax 23.58 3.48 17.66 103.5 35.79
Tax 4.19 1.41 4.78 8.2 12.85
Profit After Tax 19.39 2.07 12.88 95.3 22.94
Adjusted EPS (Rs) 0.26 0.03 0.17 1.26 0.3

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 656.49 701.85 632.87 862.61 1052.93
Total Expenditure 781.92 633.91 604.96 747.21 919.78
Operating Profit -125.43 67.94 27.91 115.41 133.15
Other Income 524.49 938.34 191.98 134.09 149.58
Interest 192.27 160.17 141.45 129.58 106.24
Depreciation 27.14 96.81 110.77 112.63 115.88
Exceptional Items 0 -128.63 56.46 -16.28 48.29
Profit Before Tax 179.65 620.68 24.13 -8.99 108.88
Tax 56.56 107.35 19.93 4.26 12.64
Net Profit 123.08 513.33 4.2 -13.25 96.24
Adjusted EPS (Rs.) 1.63 6.8 0.06 -0.18 1.27

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 754.95 754.96 754.96 754.96 754.96
Total Reserves 7608.28 8121.51 8126.57 8113.61 8208.58
Borrowings 319.72 621.35 663.78 585.52 281.58
Other N/C liabilities 26.16 763.69 732.48 682.92 556.38
Current liabilities 1398.94 468.51 472.51 462.74 644.66
Total Liabilities 10108.06 10730.02 10750.31 10599.75 10558.48
Assets
Net Block 180.01 906.2 852.83 770.28 491.86
Capital WIP 157.78 29.18 6.32 6.33 2.67
Intangible WIP 7.08 3.64 0.42 0 0
Investments 8309.88 8153.11 8898.47 8845.29 8847.6
Loans & Advances 1081.19 1277.61 605.51 570.78 524.09
Other N/C Assets 8.59 1.55 1.31 1.38 257.83
Current Assets 363.53 358.72 385.44 405.69 434.42
Total Assets 10108.06 10730.02 10750.31 10599.75 10558.48
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 179.65 620.68 24.13 -8.99 108.88
Adjustment -288.44 -553.21 24.6 123.55 27.6
Changes in Assets & Liabilities 99.11 43.52 -7.28 10.72 95.53
Tax Paid -51.56 -11.07 -9.5 -48.79 -33.64
Operating Cash Flow -61.26 99.92 31.94 76.49 198.38
Investing Cash Flow -4688.01 810.04 28.4 237.74 204.62
Financing Cash Flow 4792.33 -971.53 5.91 -319.83 -395.43
Net Cash Flow 43.07 -61.57 66.26 -5.6 7.57

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 31.17 31.17 31.17 31.17 31.17
northern tk venture pte. ... - 31.17 31.17 31.17 31.17
northern tk venture pte. ... 31.17 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 68.83 68.83 68.83 68.83 68.83
aditya birla sun life tru... 4.92 4.55 4.59 4.59 4.06
amansa holdings private l... - - - - 1.39
axis bank limited 1.19 1.19 1.19 1.19 1.19
axis mutual fund trustee ... 1.98 2.24 2.36 2.36 2.85
fidelity funds-india focu... - - 1.40 1.40 1.49
hdfc small cap fund - - - - 3.07
jupiter india fund 1.34 1.29 1.25 1.25 1.46
kotak funds-india midcap ... - - 1.06 1.06 1.57
kotak india growth fund s... - - - - 1.43
mirae asset nifty midcap ... - - - - 3.27
nippon life india trustee... - - - 2.78 2.78
rekha jhunjhunwala - - - 4.46 4.66
sbi large & midcap fund - - 1.30 1.30 2.20
sbi life insurance co. lt... 1.52 1.96 - - 2.27
sundaram mutual fund - su... - - - 1.58 1.48
my asian opportunities ma... - - - 2.45 -
my asian strategic metric... 1.64 1.58 1.26 1.26 -
sbi life insurance co.ltd... - - 2.12 2.12 -
ubs principal capital asi... 1.46 1.33 1.15 1.15 -
uti-mnc fund - 1.11 - 1.01 -
my asian opportunities m... - 3.08 2.45 - -
nippon life india trustee... - - 2.78 - -
rekha rakesh jhunjhunwala... 4.46 4.46 4.46 - -
sundaram mutual fund a/c ... 1.17 1.47 1.58 - -
uti - regular savings fun... 1.12 - 1.01 - -
aberdeen global indian eq... 1.02 1.02 - - -
fidelity funds - india fo... 1.20 1.28 - - -
nippon life india trustee... 2.72 2.59 - - -
stichting depositary apg ... 1.00 1.00 - - -
employees provident fund ... 1.00 - - - -
my asian opportunities ma... 3.08 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Fortis Healthcare informs about disclosure23 Feb 2024, 5:21PM Fortis Healthcare - Quaterly Results7 Feb 2024, 7:45PM Fortis Healthcare - Quaterly Results7 Feb 2024, 7:45PM Fortis Healthcare’s arm sells business operations in Chennai to MGM2 Feb 2024, 11:45AM Fortis Healthcare reports 16% fall in Q2 consolidated net profit13 Nov 2023, 12:42PM Fortis Healthcare - Quaterly Results10 Nov 2023, 6:30PM Fortis Healthcare - Quaterly Results10 Nov 2023, 6:30PM Fortis Healthcare informs about disclosure 30 Sep 2023, 10:33AM Fortis Healthcare informs about change in directorate13 Sep 2023, 5:14PM Fortis Healthcare informs about voting results8 Sep 2023, 5:11PM Fortis Healthcare - Quaterly Results4 Aug 2023, 8:06PM Fortis Healthcare - Quaterly Results4 Aug 2023, 8:06PM Fortis Healthcare partners with emergency response network RED.Health27 Jun 2023, 3:07PM Fortis Healthcare inks pact for sale of hospital business operations at Vadapalani22 Jun 2023, 3:42PM Fortis Healthcare informs about investor meetings5 Jun 2023, 12:48PM Fortis Healthcare informs about disclosure1 Jun 2023, 4:18PM Fortis Healthcare reports 59% rise in Q4 consolidated net profit24 May 2023, 11:14AM Fortis Healthcare - Quaterly Results23 May 2023, 9:12PM Fortis Healthcare - Quaterly Results23 May 2023, 9:12PM Fortis Healthcare signs definitive agreements for acquisition of Medeor Hospital in Manesar20 Apr 2023, 2:30PM Fortis Healthcare - Quaterly Results10 Feb 2023, 7:51PM Fortis Healthcare - Quaterly Results10 Feb 2023, 7:51PM Fortis Healthcare informs about closure of trading window29 Dec 2022, 4:49PM Fortis Healthcare reports 67% rise in Q2 consolidated net profit 12 Nov 2022, 12:55PM Fortis Healthcare - Quaterly Results11 Nov 2022, 6:15PM Fortis Healthcare - Quaterly Results11 Nov 2022, 6:15PM Fortis Healthcare informs about analyst meet 22 Aug 2022, 1:00PM Fortis Healthcare reports 69% fall in Q1 consolidated net profit6 Aug 2022, 11:14AM Fortis Healthcare - Quaterly Results5 Aug 2022, 8:44PM Fortis Healthcare - Quaterly Results5 Aug 2022, 8:44PM Fortis Healthcare to add around 1,500 beds over next five years11 Jul 2022, 12:15PM Fortis Healthcare planning to add 1,500 new beds in next 3 years31 May 2022, 4:48PM Fortis Healthcare - Quaterly Results25 May 2022, 8:23PM Fortis Healthcare - Quaterly Results25 May 2022, 8:23PM Fortis Healthcare informs about compliance certificate12 Apr 2022, 12:18PM Fortis Healthcare informs about postal ballot notice7 Mar 2022, 4:51PM Fortis Healthcare reports around 3-fold jump in Q3 consolidated net profit12 Feb 2022, 11:58AM Fortis Healthcare - Quaterly Results11 Feb 2022, 7:34PM Fortis Healthcare - Quaterly Results11 Feb 2022, 7:34PM Fortis Healthcare’s stepdown subsidiary sells land to KLJ Plasticizers30 Dec 2021, 3:43PM Fortis Healthcare informs about postal ballot notice23 Nov 2021, 4:31PM Fortis Healthcare informs about postal ballot notice17 Nov 2021, 3:13PM Fortis Healthcare reports consolidated net profit of Rs 264 crore in Q1 14 Aug 2021, 10:06AM Fortis Healthcare informs about update on credit rating 27 Jul 2021, 4:18PM Fortis Healthcare aims to focus on revenue growth initiatives this fiscal12 Jul 2021, 2:29PM Fortis Healthcare reports consolidated net profit of Rs 43 crore in Q431 May 2021, 1:45PM Fortis Healthcare’s arm receives SEBI notice in funds diversion case16 Apr 2021, 1:16PM Rakesh Jhunjhunwala raises stake in Fortis Healthcare in Q4FY2114 Apr 2021, 11:29AM Fortis Healthcare informs about credit rating23 Dec 2020, 11:14AM Fortis Healthcare reports consolidated net loss of Rs 4 crore in Q213 Nov 2020, 12:11PM

Fortis Healthcare Stock Price Analysis and Quick Research Report. Is Fortis Healthcare an attractive stock to invest in?

 

The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment.

Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The structure of the healthcare delivery system in India consists of three broad segments: Primary care, Secondary care, and Tertiary care.

  • Primary care is the first point of contact between the population and the healthcare service providers. For example, Sub-center (SC), Primary Health Centre (PHC) and Community Health Centre (CHC) which is more relevant to rural areas (PHC’s).
  • Secondary care providers inpatient as well as outpatient medical services and includes simple surgical procedures. For example, District level & Mid-sized hospitals.
  • Tertiary care is the third level of the healthcare delivery system in the country. These hospitals are specialized consultative healthcare infrastructure. For example, Single specialty and Multi-specialty hospitals.

While healthcare services are offered by the public as well as private sectors, in urban as well as rural areas, generally people prefer private hospitals over public hospitals for treatment of diseases, illness, and sickness. So, let’s look into Fortis Healthcare and its performance over the period of time.

  • Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Fortis Healthcare cash from the operating activity was Rs 198.3775 Cr.
     
  • Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Fortis Healthcare has a Debt to Equity ratio of 0.0413 , which is a strong indication for the company.
     
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Fortis Healthcare , the EPS growth was 826.381766381766 % which is good for the company.
     
  • Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Fortis Healthcare has OPM of 12.6453141056447 % which is a bad sign for profitability.
     
  • ROE: Fortis Healthcare have a poor ROE of 1.07940287459133 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used for generating profits.
     
  • Share Price: - The current share price of Fortis Healthcare is Rs 420.2. One can use valuation calculators of ticker to know if Fortis Healthcare share price is undervalued or overvalued.
Last Updated on:
Brief about Fortis Healthcare

Fortis Healthcare Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Fortis Healthcare Ltd. is a leading healthcare provider in India that offers a wide range of medical services. As a long-term stock investor, it is important to understand the company's financial health and performance to make informed investment decisions.  We will analyze Fortis Healthcare Ltd.'s stock using various parameters such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Fortis Healthcare Ltd Share Price

Fortis Healthcare Ltd.'s share price has seen a steady rise in the past few years. The company's share price has been hovering around Rs. 200-250 in the last year. However, it is important to note that the share price can be volatile in the short term and investors should focus on long-term trends.

Fortis Healthcare Ltd Balance Sheet

Fortis Healthcare Ltd.'s balance sheet shows a healthy financial position. The company has a strong asset base and a low debt-to-equity ratio. The company's pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis can be used to calculate the fair value of the stock.

Fortis Healthcare Ltd Annual Report

Fortis Healthcare Ltd.'s annual report provides a detailed overview of the company's financial performance, business strategy, and future plans. The annual report is available for download on Ticker. Investors can use the information in the annual report to make informed investment decisions.

Fortis Healthcare Ltd Dividend

Fortis Healthcare Ltd. has a consistent dividend payout history. The company has been paying dividends regularly for the past few years. However, it is important to note that the dividend payout can be affected by various factors such as the company's financial performance, future plans, and market conditions.

Fortis Healthcare Ltd Quarterly Result

Fortis Healthcare Ltd.'s quarterly results provide a snapshot of the company's financial performance in the short term. The company's pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis can be used to analyze the quarterly results.

Fortis Healthcare Ltd Stock Price

Fortis Healthcare Ltd.'s stock price can be affected by various factors such as the company's financial performance, market conditions, and investor sentiment. It is important to focus on long-term trends and use pre-built screening tools to analyze the stock price.

Fortis Healthcare Ltd Price Chart

Fortis Healthcare Ltd.'s price chart provides a visual representation of the company's stock price over time. The price chart can be used to identify long-term trends and patterns in the stock price.

Fortis Healthcare Ltd News

Fortis Healthcare Ltd.'s news section provides the latest updates about the company's financial performance, business strategy, and future plans. Investors can use the news section to stay updated about the company's developments.

Fortis Healthcare Ltd Concall

Fortis Healthcare Ltd.'s concall provides an opportunity for investors to interact with the company's management and ask questions about the company's financial performance, business strategy, and future plans. Investors can use the concall to get a better understanding of the company's operations.

Fortis Healthcare Ltd Transcripts

Fortis Healthcare Ltd.'s transcripts provide a detailed record of the company's concall. The transcripts can be used to analyze the company's responses to investors' questions and get a better understanding of the company's operations.

Fortis Healthcare Ltd Investor Presentations

Fortis Healthcare Ltd.'s investor presentations provide a detailed overview of the company's financial performance, business strategy, and future plans. The investor presentations can be used to make informed investment decisions.

Fortis Healthcare Ltd Promoters

Fortis Healthcare Ltd.'s promoters are the individuals or entities that hold a significant stake in the company. The promoters play a key role in the company's decision-making process and can influence the company's operations.

Fortis Healthcare Ltd Shareholders

Fortis Healthcare Ltd.'s shareholders are the individuals or entities that hold a stake in the company. The shareholders can influence the company's decision-making process through voting rights and can benefit from the company's financial performance through dividends and capital appreciation.

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