Fortis Healthcare logo

Fortis Healthcare share price

NSE: FORTISBSE: 532843Healthcare ServicesMid Cap

Fortis Healthcare Limited · Formerly Fortis Healthcare (India) · Face value ₹10 · Listed May 2007
Last close ₹768.15up ₹13.25 (1.76%)BSE ₹769.80

Share price at the NSE close on 30 Oct 2026. Previous close ₹754.90.

30 Oct: open ₹754.90, high ₹768.15, low ₹745.00

52-week range of traded prices to 30 Oct 2026
₹704.95Low, 23 Oct 2026₹1,057.45High, 30 Oct 2025
Market cap
₹57,992 Cr156th largest listed
P/E
55.34
P/B
5.86
Dividend yield
0.13%
ROE
11.1%
ROCE
12.7%
Debt to equity
0.28
Volume, NSE
14,56,10356.9% delivered

Fortis Healthcare share price chart

Daily closes since May 2007, adjusted for splits and bonuses

−26.5%over a year · Nifty 500 −8.2%

Results20-session average 18,82,124 shares a day, 53.4% delivered

About Fortis Healthcare

Fortis Healthcare Limited runs hospitals in India that offer secondary, tertiary and quaternary care, from routine hospital treatment to the most complex specialist procedures, in specialties such as cardiac sciences, oncology, neurosciences and orthopaedics.1 Through its subsidiary Agilus Diagnostics, it also runs a chain of diagnostic centres.23

Its hospitals are grouped in clusters in the National Capital Region, Punjab, Bengaluru, Kolkata and Mumbai.4 It also runs hospitals owned by others under O&M agreements (contracts to run a hospital that someone else owns), including, since 23 Jul 2025, 5 hospitals and a clinic of Gleneagles Healthcare, a company of its parent group, IHH Healthcare.5

It was incorporated in 1996, with its registered office in Mohali, Punjab.26 On 13 Nov 2018, IHH Healthcare Berhad of Malaysia took a 31.10% stake and became the controlling shareholder.23 In April 2025 it bought the 'Fortis' brand and trademarks at an auction ordered by the Delhi High Court, with a bid of ₹200 crore.78

Its promoter is Northern TK Venture Pte Ltd, an indirect wholly owned subsidiary of IHH, which held 31.17% of the shares at 31 Mar 2026.9110

Fortis Healthcare key points

Results

  • In the quarter to Jun 2026, consolidated revenue was ₹2,545 crore, up 17.5% on a year earlier. Operating EBITDA (earnings before interest, tax, depreciation and amortisation), before about ₹31 crore of employee share option costs, was ₹568 crore, a 22.3% margin, up 15.8%.1112
  • In the year to Mar 2026, consolidated revenue grew 17.3% to ₹9,128 crore, and reported EBITDA rose 29.1% to ₹2,136 crore, a 23.4% margin.131415
  • Consolidated profit after tax for the quarter, excluding one-off items, was ₹263 crore, up 3.6%. For the year to Mar 2026 it was ₹1,064 crore, including a net one-off loss of ₹22.2 crore, against ₹809 crore a year earlier.1617
  • Net debt (borrowings minus cash) was ₹2,233 crore at 30 Jun 2026, or 0.21 times shareholders' equity.18

Business segments

  • Hospitals (85% of consolidated revenue in the year to Mar 2026). Revenue grew 19% to ₹2,187 crore in the quarter to Jun 2026, against ₹1,838 crore. Operating EBITDA rose 15.9% to ₹471 crore, a 21.5% margin against 22.1%; excluding newly acquired or commissioned hospitals, the margin was about 22%, similar to a year earlier.1920
  • Diagnostics (Agilus Diagnostics). Gross revenue (before deducting sales within the group) grew 10% to ₹407 crore in the quarter to Jun 2026, against ₹369 crore. The operating EBITDA margin on gross revenue was 23.9%, against 23.0%.21
  • Diagnostics network. Agilus has over 400 laboratories and 4,400 customer touchpoints across 27 states. In the year to Mar 2026 it served over 16.8 million patients and ran 40.8 million tests, against 39.2 million a year earlier.22

Revenue mix

  • Share of hospital revenue, largest lines2324
    Itemquarter to Jun 2026quarter to Jun 2025
    Cardiac sciences16.6%16.9%
    Oncology14.4%16.4%
    Orthopaedics10.3%9.9%
    Neurosciences8.6%8.1%
    Renal sciences7.3%6.9%
    Gastroenterology4.7%5.1%
    Outpatient services14.4%13.9%
    Other inpatient services16.1%15.4%
    Hospital revenue from the focus specialties (cardiac sciences, oncology, orthopaedics, neurosciences, renal sciences and gastroenterology) grew 16.9% and made up 62% of hospital revenue.
  • Share of hospital revenue by who pays2526
    Itemquarter to Jun 2026quarter to Jun 2025
    Insurers, through third-party administrators (TPAs)37.2%37.1%
    Indian patients paying themselves33.3%33.6%
    Government and public sector companies8.4%8.7%
    International patients7.5%7.9%
    Ex-servicemen's health scheme (ECHS)7.1%7.3%
    Central Government Health Scheme (CGHS)5.2%4.3%

Hospital network

  • As of 16 Sep 2026, the company ran 36 healthcare facilities across 12 states with over 6,150 operational beds.27
  • In its presentation of 6 Aug 2026, the company said about 1,200 of its beds were run under O&M agreements, and that it had over 8,100 doctors and 9,500 nurses, including trainees.28
  • In the quarter to Jun 2026, hospital bed occupancy was 68.7%, against 69.0% a year earlier, and average revenue per occupied bed (ARPOB) was ₹2.71 crore a year, up 2.6% from ₹2.64 crore.29
  • In the year to Mar 2026 its clinicians performed 75,900 cardiac procedures, over 1,100 transplants and more than 10,200 robotic surgeries, and its surgical robots across the group rose to 19.3031

Expansion and capital spending

  • The company stated in its annual report for the year to Mar 2026 that it plans to add around 1,800 beds at existing hospitals by Mar 2030, with major projects under way at Fortis Memorial Research Institute (FMRI), Shalimar Bagh, Amritsar and Mohali.323334
  • In July 2025 the company bought the 228-bed Shrimann Superspecialty Hospital in Jalandhar for ₹462 crore, and in January 2026 the 125-bed People Tree Hospital in Bengaluru, with adjacent land, for ₹430 crore.35

Recent events

  • On 16 Sep 2026, subsidiary Fortis Hospotel agreed to provide healthcare services for 29 years, and a phased loan, to a charitable society's planned 400+ bed hospital in Ashok Vihar, Delhi, expected to open in 3 to 4 years, subject to approvals.3637
  • On 3 Jul 2026, the company announced that it had signed an O&M agreement with Dion Group for a 300-bed hospital to be built in Cuttack, its first major presence in Odisha.38

Litigation and regulatory matters

  • On 31 Aug 2026, on applications by Daiichi Sankyo, the Delhi High Court ordered a forensic audit of how the former promoters' shares were sold off, the change in control and the roles of banks and the company. It imposed no liability on the company.39
  • As of its annual report of 17 Jul 2026, the Serious Fraud Investigation Office (SFIO), a government fraud investigator, was investigating the company and its subsidiaries, and the company was pursuing recovery of about ₹397.12 crore from its former promoters and their related entities.4041
  • In its exchange filing of 1 Apr 2026, the company said the income tax authority raised a demand of ₹149.12 crore on subsidiary Fortis Hospitals for the assessment year 2021-22, and that it was evaluating an appeal. No later outcome is given.42

Last updated

All 42 sources, each with its page
  1. 1. Annual report, 17 Jul 2026, page 62
  2. 2. Annual report, 17 Jul 2026, page 331
  3. 3. Annual report, 17 Jul 2026, page 266
  4. 4. Annual report, 17 Jul 2026, page 35
  5. 5. Annual report, 17 Jul 2026, page 64
  6. 6. Annual report, 17 Jul 2026, page 3
  7. 7. Annual report, 17 Jul 2026, page 82
  8. 8. Annual report, 17 Jul 2026, page 68
  9. 9. Annual report, 17 Jul 2026, page 6
  10. 10. Annual report, 17 Jul 2026, page 372
  11. 11. Investor presentation, 6 Aug 2026, page 7
  12. 12. Investor presentation, 6 Aug 2026, page 27
  13. 13. Annual report, 17 Jul 2026, page 45
  14. 14. Annual report, 17 Jul 2026, page 44
  15. 15. Annual report, 17 Jul 2026, page 37
  16. 16. Investor presentation, 6 Aug 2026, page 7
  17. 17. Annual report, 17 Jul 2026, page 62
  18. 18. Investor presentation, 6 Aug 2026, page 15
  19. 19. Investor presentation, 6 Aug 2026, page 8
  20. 20. Annual report, 17 Jul 2026, page 194
  21. 21. Investor presentation, 6 Aug 2026, page 12
  22. 22. Annual report, 17 Jul 2026, page 50
  23. 23. Investor presentation, 6 Aug 2026, page 17
  24. 24. Investor presentation, 6 Aug 2026, page 11
  25. 25. Investor presentation, 6 Aug 2026, page 18
  26. 26. Investor presentation, 6 Aug 2026, page 11
  27. 27. Exchange filing, 16 Sep 2026, page 3
  28. 28. Investor presentation, 6 Aug 2026, page 4
  29. 29. Investor presentation, 6 Aug 2026, page 8
  30. 30. Annual report, 17 Jul 2026, page 38
  31. 31. Annual report, 17 Jul 2026, page 194
  32. 32. Annual report, 17 Jul 2026, page 62
  33. 33. Annual report, 17 Jul 2026, page 196
  34. 34. Annual report, 17 Jul 2026, page 41
  35. 35. Annual report, 17 Jul 2026, page 62
  36. 36. Exchange filing, 16 Sep 2026, page 2
  37. 37. Exchange filing, 16 Sep 2026, page 1
  38. 38. Exchange filing, 3 Jul 2026, page 2
  39. 39. Exchange filing, 1 Sep 2026, page 1
  40. 40. Annual report, 17 Jul 2026, page 82
  41. 41. Annual report, 17 Jul 2026, page 64
  42. 42. Exchange filing, 1 Apr 2026, page 2

Results

Consolidated; ₹ crore.Fortis Healthcare quarterly results

Revenue growth, 12 months
+17.5%
Net profit growth, 12 months
+20.7%

Quarter to Jun 2026, against the quarter before

Revenue
₹2,545 Crup 7.63%
Net profit
₹273 Crup 0.59%
Net margin
10.7%

Revenue by quarter

₹1,988 CrSep 24₹1,928 CrDec 24₹2,007 CrMar 25₹2,167 CrJun 25₹2,331 CrSep 25₹2,265 CrDec 25₹2,365 CrMar 26₹2,545 CrJun 26
Peak revenue ₹2,545 Cr, quarter to Jun 2026; lowest ₹1,928 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹193 CrSep 24₹254 CrDec 24₹188 CrMar 25₹267 CrJun 25₹329 CrSep 25₹197 CrDec 25₹271 CrMar 26₹273 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,9881,9282,0072,1672,3312,2652,3652,545
Net profit193254188267329197271273
Net margin9.7%13.2%9.4%12.3%14.1%8.7%11.5%10.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Healthcare₹7,773 Crup 19.07%83.6%
  • Diagnostics₹1,527 Crup 8.52%16.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Fortis Healthcare PE ratio and valuation

Price to earnings

At or below today's level on 30% of 1,240 trading days over the last 5 years.

LowestHighest
Its median64.45Industry median40.93
Price to book

At or below today's level on 74% of 1,895 trading days since Nov 2018.

LowestHighest
Its median3.36Industry median4.37
Dividend yield

At or below today's level on 80% of 2,475 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.25%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+14.0%+34.5%−15.4%0.1%
3 years+45.3%+20.9%+20.0%0.2%
5 years+32.1%––0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2025.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Fortis Healthcare shareholding pattern

Shareholding by group

  • Promoters31.17%
  • Foreign institutions23.19%
  • Indian institutions34.46%
  • Individuals and others11.18%
Holder
NORTHERN TK VENTURE PTE. LTD.Promoter31.17%
REKHA JHUNJHUNWALAResident individuals, over ₹2 lakh at face value4.02%
SBI LIFE INSURANCE CO. LTDInsurance companies1.80%
AMANSA HOLDINGS PRIVATE LIMITEDForeign portfolio investors, category I1.56%
AXIS BANK LIMITEDBanks1.19%
HDFC LIFE INSURANCE COMPANY LIMITEDInsurance companies1.18%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −2.01 pts, Indian institutions +2.23 pts, mutual funds +1.13 pts.

The filing reports 166 of its 75,49,58,148 shares locked in.

Mutual fund holdings

271 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 107 of the 148 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 271 funds holding Fortis Healthcare

Bought for the first time
10
Bought again
2
Added
73
Cut
75
Held unchanged
110
Sold out
16
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund3,17,01,8622.40%₹2,441.0 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund3,01,61,4263.49%₹2,322.4 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund1,65,00,1002.53%₹1,270.5 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund1,13,75,7622.61%₹875.9 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund63,94,8122.53%₹492.4 Cr
HDFC Mutual Fund logoHDFC Small Cap FundHDFC Mutual Fund50,00,1760.94%₹385.0 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund47,33,3491.28%₹364.5 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund47,00,0001.18%₹361.9 Cr
Edelweiss Mutual Fund logoEdelweiss Mid Cap FundEdelweiss Mutual Fund41,81,4181.67%₹322.0 Cr
DSP Mutual Fund logoDSP Large & Mid Cap FundDSP Mutual Fund35,72,0231.59%₹275.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Fortis Healthcare competitors and peers

Hospital, 40 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Fortis Healthcare in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Apollo Hospitals Enterprise logoApollo Hospitals EnterpriseAPOLLOHOSP1,21,46958.1312.81+17.2%+32.8%23.6%19.9%0.24%
Manipal Health EnterprisesMANIPALHOS88,018––––––0.00%
Max Healthcare Institute logoMax Healthcare InstituteMAXHEALTH83,70560.617.39+15.2%+1.8%12.9%12.7%0.23%
Aster DM Quality Care logoAster DM Quality CareASTERDM59,374186.31–+15.7%+0.2%8.0%12.4%0.44%
Narayana Hrudayalaya logoNarayana HrudayalayaNH35,15440.937.03+71.4%+1.6%19.0%13.1%0.26%
Global Health logoGlobal HealthMEDANTA34,15561.418.62+21.3%+4.1%15.1%14.2%0.04%
Krishna Institute of Medical Sciences logoKrishna Institute of Medical SciencesKIMS29,476144.1413.12+30.9%−46.2%9.3%8.7%0.00%
Dr. Agarwal's Health Care logoDr. Agarwal's Health CareAGARWALEYE16,143108.807.97––7.6%14.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Fortis Healthcare dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 221Mar 231Mar 241Mar 251Mar 26
Highest ₹1.00 a share, in 4 years, the latest the year to Mar 2026.
Ex-dateTypePer share
24 Jul 2026Final₹1.00
25 Jul 2025Final₹1.00
24 Jul 2024Final₹1.00
20 Jul 2023Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Fortis Healthcare announcements

Fortis Healthcare share price by year

Each calendar year to 2025.Fortis Healthcare share price history

YearClose at year endChangeHighest closeLowest close
2025884.00+22.8%1,097.90581.20
2024719.85+71.7%725.80380.80
2023419.20+46.5%419.20250.60
2022286.10−3.8%321.05226.05
2021297.30+91.6%297.30155.75
2020155.20+17.7%164.45113.50
2019131.90−6.1%158.60116.25
2018140.50−12.4%165.60114.20
2017160.45−11.3%226.80125.10
2016180.85+0.4%193.80150.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026760.50761.00750.35754.90754.637,53,81359.2%
28 Oct 2026734.90762.90726.85759.50754.5914,44,49645.3%
27 Oct 2026733.45747.25725.90736.50736.4325,14,31263.3%
26 Oct 2026714.00734.70705.40734.70721.4213,65,21545.5%
23 Oct 2026726.65728.65704.95712.90712.609,87,09051.8%
22 Oct 2026723.50726.65710.80726.65720.7812,61,21161.2%
21 Oct 2026735.00741.55721.00729.00729.267,03,31452.0%
19 Oct 2026737.25745.15731.80737.80739.9710,76,54561.7%
16 Oct 2026749.00749.00734.15736.50739.2811,41,92459.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Open offer history

Ex-dateEventPrice factorWhat happened
18 Aug 2009Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

Company details