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Fortis Healthcare Ltd

(FORTIS)

₹676.72.87%

as on 01:43PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Fortis Healthcare Ltd Analyst Rating

based on 14 analysts

BUY

85.71%

Buy

7.14%

Hold

7.14%

Sell

Based on 14 analysts offering long term price targets for Fortis Healthcare Ltd. An average target of ₹685.36

Source: S&P Global Market Intelligence

Fortis Healthcare Ltd Share analysis

Fortis Healthcare Ltd price forecast by 14 analysts

Upside of4.19%

High

₹728

Target

₹685.36

Low

₹550

Fortis Healthcare Ltd target price ₹685.36, a slight upside of 4.19% compared to current price of ₹676.7. According to 14 analysts rating.

Source: S&P Global Market Intelligence

Fortis Healthcare Ltd Performance

  • Day's Low

    Day's High

    ₹654.9
    ₹691
  • 52 Week's Low

    52 Week's High

    ₹356.2
    ₹691
1 Month Return+ 8.13 %
3 Month Return+ 24.96 %
1 Year Return+ 76.64 %
Previous Close₹657.80
Open₹676.45
Volume12.85L
Upper Circuit-
Lower Circuit-
Market Cap₹49,661.15Cr

Fortis Healthcare Ltd Key Statistics

P/E Ratio75.7
PEG Ratio52.93
Market Cap₹49,661.15 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₹49,661.15 Cr73.9%0.54₹645 Cr₹7,175 Cr
BUY₹96,999.34 Cr158.58%0.53₹1,057 Cr₹5,704 Cr
BUY₹96,147.36 Cr71.89%0.65₹917 Cr₹19,059 Cr
BUY₹25,790.33 Cr64.12%0.69₹789 Cr₹5,018 Cr
BUY₹22,695.88 Cr36.89%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: ₹676.70 per share as on 21 Nov, 2024 01:43 PM
Market Capitalisation: ₹49,661.15Cr 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

What's happening today

  • img

    Today's Timeline - Invalid Date

    10:20 AM

    -

    Fortis Healthcare shares surged nearly 3% to ₹674.80, marking an all-time high.

Key events for Fortis Healthcare Ltd

  • Fortis Healthcare Shares Reach All-Time High - 21 Nov, 2024

    Fortis Healthcare Ltd's shares soared by nearly 3% to ₹674.80, achieving an all-time high following a strong performance in recent trading sessions.

  • Fortis Healthcare Maintains Buy Rating with Revised Target - 12 Nov, 2024

    Fortis Healthcare's Q2FY25 EBITDA exceeded estimates, driven by improved margins and profitability in diagnostics. The company plans to invest Rs 18bn in diagnostics, raising its stake to 88%. Analysts maintain a Buy rating with a revised target price of Rs 710/share, anticipating strong EBITDA growth.

  • Fortis Healthcare Reports Modest Profit Growth - 10 Nov, 2024

    Fortis Healthcare posted a 1.6% increase in net profit to ₹176.5 crore, with revenue rising 12.3% to ₹1,988.4 crore. EBITDA grew significantly by 31.7%, improving margins to 21.9%.

  • Fortis Healthcare Reports Strong Q2 Earnings Growth - 08 Nov, 2024

    Fortis Healthcare's Q2 FY25 results show a 5% increase in net profit to Rs 193 crore and a 12% rise in revenue to Rs 1,988 crore, driven by strong hospital performance. The company is progressing on plans to add 700 beds this fiscal year.

  • Fortis Healthcare Stock Accumulation Recommended - 01 Nov, 2024

    Religare Broking advises buying Fortis Healthcare shares in the range of ₹623-628, with target prices of ₹665-680 and a stop loss at ₹602.

  • Fortis Healthcare Gains CCI Approval for Stake Acquisition - 30 Oct, 2024

    Fortis Healthcare has received approval from the Competition Commission of India to acquire an additional 31.52% stake in Agilus Diagnostics, increasing its ownership to 89.2%. This acquisition strengthens Fortis's position in the healthcare sector.

  • Fortis Healthcare Secures CCI Approval for Agilus Stake - 29 Oct, 2024

    Fortis Healthcare has received approval from the CCI to acquire an additional 31.52% stake in Agilus Diagnostics for Rs 1,780 crore, raising its total ownership to 89.2%. This move strengthens Fortis's position in the diagnostics sector.

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

    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

  • 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

    Price Rise

    img

    In the last 7 days, FORTIS stock has moved up by 2.9%

  • 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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Max Healthcare Institute Ltd has given 191.3% return, outperforming this stock by 44.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • 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 500

₹34,379.50

-0.78 (-271.33%)

BSE Small-Cap

₹52,227.88

-0.5 (-263.06%)

Nifty Midcap 150

₹20,211.65

-0.23 (-46.45%)

S&P BSE 250 LargeMidCap

₹10,174.25

-0.8 (-82.56%)

S&P BSE SmallCap Select

₹7,771.12

-0.1 (-7.84%)

Nifty LargeMidcap 250

₹15,250.60

-0.59 (-90.1%)

S&P BSE 150 MidCap

₹15,300.09

-0.28 (-42.66%)

S&P BSE 400 MidSmallCap

₹11,635.40

-0.39 (-45.15%)

Nifty MidSmallcap 400

₹19,018.00

-0.3 (-58%)

Nifty 500

₹21,838.40

-0.75 (-165.95%)

BSE Healthcare

₹42,305.72

-0.22 (-94.39%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

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
Earning Per Share (₹)1.21-0.7410.468.388.55
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

Fortis Healthcare Ltd Valuation

Fortis Healthcare Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-166.21x)

June 25, 2021

Today (75.70x)

November 19, 2024

Industry (96.41x)

November 19, 2024

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 0.30%.

    Read More about Dividends

Fortis Healthcare Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Fortis Healthcare Ltd (FORTIS) share price today is ₹676.7

Fortis Healthcare Ltd is listed on NSE

Fortis Healthcare Ltd is listed on BSE

  • Today’s highest price of Fortis Healthcare Ltd is ₹691.
  • Today’s lowest price of Fortis Healthcare Ltd is ₹654.9.

PE Ratio of Fortis Healthcare Ltd is 75.7

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 12.85L.

Today’s market capitalisation of Fortis Healthcare Ltd(FORTIS) is ₹49661.15Cr.

Fortis Healthcare Ltd(FORTISPrice
52 Week High
₹691
52 Week Low
₹356.2

Fortis Healthcare Ltd(FORTIS) share price is ₹676.7. It is down -2.07% from its 52 Week High price of ₹691

Fortis Healthcare Ltd(FORTIS) share price is ₹676.7. It is up 89.98% from its 52 Week Low price of ₹356.2

Fortis Healthcare Ltd(FORTISReturns
1 Day Returns
18.9%
1 Month Returns
8.13%
3 Month Returns
24.96%
1 Year Returns
76.64%