F

Fortis Healthcare Limited

FORTISNSE
Market snapshot · 2026-08-11 06:37 UTC

931.30

₹-13.85 (-1.47%)

MARKET CAP

₹70.31K Cr

STOCK P/E

68.4x

52W HIGH

₹1,104.30

52W LOW

₹766.80

BOOK VALUE

₹131.07

EPS

₹13.61

ROE

SECTOR

Health Care

DEBT/EQUITY

34.15

VOLUME

7.12L

P/B RATIO

7.11x

PEG RATIO

0.42

Sector

Health Care

Themes

Hospitals & Diagnostic CentresRakesh Jhunjhunwala PortfolioRekha Jhunjhunwala PortfolioTop 20 Investors in India Portfolio
D
Dividend
E
Earnings
₹1,083.75₹1,009.79₹935.83₹861.87₹787.91VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Fortis Healthcare is an Indian hospital and healthcare delivery company, generating revenue from cardiac sciences, oncology, and nephrology services. It also operates critical care, emergency and trauma, and transplant-focused facilities. Q1 FY27 revenue increased 17%, while profit rose 35%, with improving margins indicating operating leverage across its hospital network. Debt/equity of 34.15 implies extreme leverage, making ROE unavailable and increasing financial risk despite margin expansion. Earnings growth currently exceeds revenue growth, suggesting better cost absorption and service mix. At 69.5 times earnings, Fortis appears rich relative to its growth rate, leaving valuation exposed to execution, leverage, and sustained margin improvement.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for FORTIS.

20.00 analysts

Price Forecast

Current
₹931.30
High Target
₹1,192
▲ +28.0%
Median Target
₹1,128
▲ +21.1%
Low Target
₹975.00
▲ +4.7%
Now₹931.30High ₹1,192Median ₹1,128Low ₹975.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
20 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹808.08 - ₹1,12280%
6M₹771.91 - ₹1,22880%
12M₹732.96 - ₹1,41380%
Realized vol: +25.6% · Drift: +12.1%

Revenue Forecast

₹ Cr
Jun '26Current₹489.0
Sep 2026 ETrend estimate range
High₹578.6Base₹535.7Low₹492.9
Sep '25: ₹456.0 · Dec '25: ₹443.0 · Mar '26: ₹461.0 · Jun '26: ₹489.0 · Sep '26: ₹535.7 · Dec '26: ₹520.5
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E456.0443.0461.0489.0535.7520.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹0.63
Sep 2026 ETrend estimate range
High₹2.79Base₹2.49Low₹2.19
Sep '25: ₹1.66 · Dec '25: ₹0.38 · Mar '26: ₹0.33 · Jun '26: ₹0.63 · Sep '26: ₹2.49 · Dec '26: ₹0.57
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1.660.380.330.632.490.57
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
55%
Analyst Consensus
Positive

From 20 analysts

Mean upside+19.8%

Fundamentals

Moderate

Fundamentals institutional score is 48 using growth durability 48.3.

Valuation

Premium valuation

Valuation institutional score is 27 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 80 using mean target upside 19.8%; dispersion penalty 7.8; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 51 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 11 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and market sentiment provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Mixed MomentumMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price1,115.7 target
Mean Upside+19.8%
Technical Score51%
Fundamental Score48%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 43.1% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.18). Confidence: 67%.

Live forward EPS implies next-12-month EPS of ₹22.79. Applying the stock's normalized valuation corridor produces a fair range of ₹753.89 to ₹1,500.49, with base value near ₹1,090.05 (+17.0% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹22.79

Forward P/E

40.9x

Base Fair Value

₹1,090.05

Fair Range

₹753.89 - ₹1,500.49

Upside To Base

+17.0%

Estimate Source

Live forward EPS

Growth Estimate

+2.3%

P/E
Strongly Overvalued

5Y Average

38.38

Current

68.43

Overvalued

65.84

Undervalued

33.08

EV/EBITDA
Strongly Overvalued

5Y Average

20.74

Current

36.98

Overvalued

29.26

Undervalued

11.09

P/S
Strongly Overvalued

5Y Average

4.15

Current

7.40

Overvalued

5.85

Undervalued

2.22

Peers & Comparison

Sector: Health Care · Theme: Hospitals & Diagnostic Centres

Hospitals & Diagnostic Centres Peers8 peers
Avg P/E: 80.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
NARAYANA HRUDAYALAYA LTD.
NHHospitals & Diagnostic Centres
+80.4%9.0%
45.3x
Undervalued
-44% vs avg
+6.8%
GLOBAL HEALTH LIMITED
MEDANTAHospitals & Diagnostic Centres
+26.5%11.9%
71.4x
Fair
-11% vs avg
+4.9%
ASTER DM QUALITY CARE LTD
ASTERDMHospitals & Diagnostic Centres
+21.6%6.5%
140.5x
Premium
+75% vs avg
+47.9%
DR. LAL PATH LABS LTD.
LALPATHLABHospitals & Diagnostic Centres
+19.1%18.7%
60.2x
Undervalued
-25% vs avg
+20.0%
RAINBOW CHILDRENS MED LTD
RAINBOWHospitals & Diagnostic Centres
+33.2%15.7%
54.6x
Undervalued
-32% vs avg
+3.5%
VIJAYA DIAGNOSTIC CEN LTD
VIJAYAHospitals & Diagnostic Centres
+26.6%21.2%
83.1x
Fair
+4% vs avg
+28.7%
DR AGARWALS HEALTH CARE L
AGARWALEYEHospitals & Diagnostic Centres
+26.0%6.7%
120.8x
Premium
+51% vs avg
+22.4%
APOLLO HOSPITALS ENTER. L
APOLLOHOSPHospitals & Diagnostic Centres
+18.1%7.7%
66.0x
Undervalued
-18% vs avg
+23.2%
WHY THESE PEERS

FORTIS HEALTHCARE LTD trades in line with peers (68.7x vs avg 80.2x), reflecting a fair valuation within the Hospitals & Diagnostic Centres cohort. Peers include NARAYANA HRUDAYALAYA LTD., GLOBAL HEALTH LIMITED, ASTER DM QUALITY CARE LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹489 CrJun 2026

Latest net profit

₹48 CrJun 2026

Latest EPS

₹0.63Jun 2026

Net margin

21.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%6.0%12.0%18.0%24.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹0₹1₹1₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4.00K Cr0.00 Cr4.00K Cr8.00K Cr12.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +289294291307333357367388433456443461489
Expenses +254255242238275297300318345356344350386
Operating Profit35404969586067718810099110104
OPM %12%13%17%23%17%17%18%18%20%22%22%24%21%
Other Income +311103265353640-275711421432
Interest23211918171627525251564847
Depreciation25252526262729313028303030
Profit before tax181043690505251-3963135343759
Tax %27%8%36%24%47%24%22%9%18%7%17%33%19%
Net Profit +13952368274040-4252125282548
EPS in Rs0.171.260.300.910.360.520.52-0.560.691.660.380.330.63
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +31.17%31.17%31.17%31.17%31.17%
FIIs +27.18%27.90%27.84%25.98%25.20%
DIIs +29.79%29.14%29.33%31.35%32.23%
Public +11.87%11.79%11.65%11.50%11.40%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 06, 2026PDFCompany Reports Open