FORTIS

Fortis Healthcare Share PriceFortis Healthcare

₹382.05
-3.5 (-0.91%)
  • Advice
  • Hold
As on 10 December, 2023 | 12:55 BSE: 532843 NSE: FORTISISIN: INE061F01013

Fortis Healthcare Performance

Day Range

  • Low 380.00
  • High 384.50
₹ 382.05

52 Week Range

  • Low 245.50
  • High 390.00
₹ 382.05
  • Open Price383.00
  • Previous Close385.55
  • Volume1682641

Start SIP in Fortis Healthcare

Start SIP

Fortis Healthcare Share Price

  • Over 1 Month 12.29%
  • Over 3 Month 12.6%
  • Over 6 Month 36.06%
  • Over 1 Year 35.22%

Fortis Healthcare Key Statistics

P/E Ratio 52.7
PEG Ratio 7.4
Market Cap Cr 28,843
Price to Book Ratio 3.6
EPS 0.7
Dividend 0.3
Relative Strength Index 65.07
Money Flow Index 68.1
MACD Signal 11.17
Average True Range 9.89

Fortis Healthcare Investment Rating

  • Master Rating:
  • Fortis Healthcare (Nse) has an operating revenue of Rs. 6,629.94 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 13% is healthy, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 23% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 9% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 25 which is a POOR score indicating inconsistency in earnings, a RS Rating of 61 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 72 indicates it belongs to a poor industry group of Medical-Hospitals and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Fortis Healthcare Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 294289277262266247210
Operating Expenses Qtr Cr 255254250226228215191
Operating Profit Qtr Cr 40352836383219
Depreciation Qtr Cr 25252929292828
Interest Qtr Cr 21232525282833
Tax Qtr Cr 851443-2
Net Profit Qtr Cr 951321982-8-24
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,203997
Operating Expenses Annual Cr 920747
Operating Profit Annual in Cr 133115
Depreciation Cr 116113
Interest Annual Cr 106130
Tax Annual Cr 134
Net Profit Annual Cr 96-13
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 19876
Cash from Investing Activity Annual Cr 205238
Cash from Financing Annual Activity Cr -395-320
Net Cash Flow Annual Cr 8-6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 8,9648,869
Fixed Assets Annual Cr 495777
Total Non Current Assets Annual Cr 9,67910,021
Total Current Assets Annual Cr 690406
Total Assets Annual Cr 10,36910,426
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 119117
ROE Annual % 10
ROCE Annual % 21
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2729
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,7701,6571,6431,5601,6071,4881,378
Operating Expenses Qtr Cr 1,4401,3851,3721,2831,3041,2371,157
Operating Profit Qtr Cr 330272271276303251221
Depreciation Qtr Cr 84798283777477
Interest Qtr Cr 32313233333130
Tax Qtr Cr 49474544504239
Net Profit Qtr Cr 17411213313020412268
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 6,3595,745
Operating Expenses Annual Cr 5,1964,649
Operating Profit Annual in Cr 1,1011,069
Depreciation Cr 316301
Interest Annual Cr 129147
Tax Annual Cr 181198
Net Profit Annual Cr 589555
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 822865
Cash from Investing Activity Annual Cr -374-514
Cash from Financing Annual Activity Cr -471-517
Net Cash Flow Annual Cr -23-166
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 7,2426,178
Fixed Assets Annual Cr 5,5135,486
Total Non Current Assets Annual Cr 11,02710,751
Total Current Assets Annual Cr 1,4061,133
Total Assets Annual Cr 12,43411,885
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10793
ROE Annual % 89
ROCE Annual % 87
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1819

Fortis Healthcare Technicals

EMA & SMA

Current Price
₹382.05
-3.5 (-0.91%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹371.56
  • 50 Day
  • ₹355.01
  • 100 Day
  • ₹339.88
  • 200 Day
  • ₹320.62
  • 20 Day
  • ₹372.18
  • 50 Day
  • ₹348.86
  • 100 Day
  • ₹339.98
  • 200 Day
  • ₹309.75

Fortis Healthcare Resistance and Support

PIVOT
₹382.19
Resistance
First Resistance 384.37
Second Resistance 386.68
Third Resistance 388.87
RSI 65.07
MFI 68.10
MACD Single Line 11.17
MACD 11.56
Support
First Resistance 379.87
Second Resistance 377.68
Third Resistance 375.37

Fortis Healthcare Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,704,149 131,406,929 77.11
Week 1,635,673 116,966,962 71.51
1 Month 2,035,004 125,559,776 61.7
6 Month 1,752,328 119,981,866 68.47

Fortis Healthcare Result Highlights

Fortis Healthcare Synopsis

NSE-Medical-Hospitals

Fortis Healthcare is involved in the business activities of Hospital activities. Company’s Total Operating Revenue is Rs. 1052.93 Cr. and Equity Capital is Rs. 754.96 Cr. for the Year ended 31/03/2023. Fortis Healthcare Ltd. is a Public Limited Listed company incorporated on 28/02/1996 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L85110PB1996PLC045933 and registration number is 045933.
Market Cap 28,843
Sales 1,123
Shares in Float 52.09
No of funds 265
Yield 0.26
Book Value 3.22
U/D Vol ratio 1.3
LTDebt / Equity 3
Alpha 0.11
Beta 0.39

Fortis Healthcare

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 31.17%31.17%31.17%31.17%
Mutual Funds 22.5%18.49%17.38%17.5%
Insurance Companies 2.8%2.39%2.07%1.64%
Foreign Portfolio Investors 26.31%30.03%31.22%31.01%
Financial Institutions/ Banks 1.19%1.2%1.19%1.19%
Individual Investors 11.13%11.81%12.06%12.39%
Others 4.9%4.91%4.91%5.1%

Fortis Healthcare Management

Name Designation
Mr. Ravi Rajagopal Chairman & Ind.Director
Dr. Ashutosh Raghuvanshi Managing Director & CEO
Ms. Suvalaxmi Chakraborty Independent Director
Mr. Indrajit Banerjee Independent Director
Ms. Shailaja Chandra Independent Director
Mr. Tomo Nagahiro Non Executive Director
Mr. Dilip Kadambi Non Executive Director
Mr. Heng Joo Joe Sim Non Executive Director
Mr. Lim Tsin Lin Non Executive Director
Mr. Mehmet Ali Aydinlar Non Executive Director
Mr. Joerg Ayrle Non Executive Director

Fortis Healthcare Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Fortis Healthcare Corporate Action

Date Purpose Remarks
2023-11-10 Quarterly Results
2023-08-04 Quarterly Results
2023-05-23 Audited Results & Final Dividend
2023-02-10 Quarterly Results
2022-11-11 Quarterly Results
Date Purpose Remarks
2023-07-20 FINAL Rs.1.00 per share(10%)Final Dividend

Fortis Healthcare MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 47,846
Mirae Asset Emerging Bluechip Fund Growth 28,104
HDFC Small Cap Fund Growth 25,409
Axis Midcap Fund Growth 21,962
Nippon India Growth Fund - Growth 21,380

Fortis Healthcare FAQs

What is Share Price of Fortis Healthcare ?

Fortis Healthcare share price is ₹382 As on 10 December, 2023 | 12:41

What is the Market Cap of Fortis Healthcare ?

The Market Cap of Fortis Healthcare is ₹28843.2 Cr As on 10 December, 2023 | 12:41

What is the P/E ratio of Fortis Healthcare ?

The P/E ratio of Fortis Healthcare is 52.7 As on 10 December, 2023 | 12:41

What is the PB ratio of Fortis Healthcare ?

The PB ratio of Fortis Healthcare is 3.6 As on 10 December, 2023 | 12:41

Q2FY23