Valuation Fortis Healthcare Limited

Equities

Market Closed - NSE India S.E. Other stock markets 06:10:59 14/01/2026 pm IST			5-day change	1st Jan Change
909.95 ^INR	+0.21%		-3.71%	+2.94%

06/01	Fortis Healthcare says tax authority confirms demand of 59.8 million rupees	RE
06/01	Crisil Affirms Ratings on Fortis Healthcare's Bank Loan Facilities; Outlook Stable	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,50,350	2,19,240	1,96,214	3,17,233	5,27,225	6,86,974	-	-
Change	-	45.82%	-10.5%	61.68%	66.19%	30.3%	-	-
Enterprise Value (EV) ¹	1,57,658	2,24,770	1,99,618	3,22,800	5,46,896	7,04,212	6,95,947	6,81,917
Change	-	42.57%	-11.19%	61.71%	69.42%	28.77%	-1.17%	-2.02%
P/E ratio	-137x	39.5x	33.3x	53x	68.1x	61.4x	47x	37.8x
PBR	2.46x	3.55x	2.71x	4.14x	5.91x	6.87x	6.04x	5.23x
PEG	-	-0x	5.44x	31.8x	2.3x	1.4x	1.5x	1.5x
Capitalization / Revenue	3.73x	3.83x	3.12x	4.6x	6.77x	7.46x	6.35x	5.58x
EV / Revenue	3.91x	3.93x	3.17x	4.68x	7.03x	7.64x	6.43x	5.54x
EV / EBITDA	39x	20.6x	18.1x	25.5x	34.4x	33x	26.6x	22.2x
EV / EBIT	138x	28.4x	25.4x	34.9x	45.5x	40.9x	31.8x	26x
EV / FCF	57.5x	30x	53.2x	205x	94.8x	104x	49.9x	39.9x
FCF Yield	1.74%	3.34%	1.88%	0.49%	1.06%	0.96%	2%	2.51%
Dividend per Share ²	-	-	1	1	1	1.36	1.564	1.751
Rate of return	-	-	0.38%	0.24%	0.14%	0.15%	0.17%	0.19%
EPS ²	-1.45	7.35	7.8	7.93	10.26	14.83	19.35	24.1
Distribution rate	-	-	12.8%	12.6%	9.75%	9.17%	8.08%	7.27%
Net sales ¹	40,301	57,176	62,976	68,929	77,828	92,116	1,08,199	1,23,034
EBITDA ¹	4,044	10,931	11,013	12,676	15,879	21,354	26,186	30,665
EBIT ¹	1,138	7,923	7,856	9,251	12,023	17,217	21,886	26,192
Net income ¹	-1,098	5,551	5,887	6,011	7,742	11,224	14,581	18,106
Net Debt ¹	7,308	5,530	3,404	5,566	19,671	17,238	8,972	-5,057
Reference price ²	199.15	290.40	259.90	420.20	698.35	909.95	909.95	909.95
Nbr of stocks (in thousands)	7,54,958	7,54,958	7,54,958	7,54,958	7,54,958	7,54,958	-	-
Announcement Date	29/05/21	25/05/22	23/05/23	23/05/24	20/05/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FORTIS HEALTHCARE LIMITED	61.23x	7.63x	32.91x	0.15%	759.03Cr
IHH HEALTHCARE	39x	3.4x	15.2x	1.19%	1.86TCr
AIER EYE HOSPITAL GROUP CO., LTD.	29.81x	4.6x	16.13x	1.42%	1.58TCr
APOLLO HOSPITALS ENTERPRISE LIMITED	55.95x	4.38x	29.8x	0.3%	1.16TCr
ENCOMPASS HEALTH CORPORATION	18.64x	2.11x	10.02x	0.72%	1.01TCr
THE ENSIGN GROUP, INC.	30.23x	2.34x	19.95x	0.14%	1.02TCr
BANGKOK DUSIT MEDICAL SERVICES	17.04x	2.52x	10.19x	4.33%	887.79Cr
PURE HEALTH HOLDING	14.14x	1.25x	7.9x	1.23%	765.28Cr
RAMSAY HEALTH CARE LIMITED	26.39x	0.81x	6.72x	2.42%	550.69Cr
NARAYANA HRUDAYALAYA LIMITED	39.98x	5.23x	25.09x	0.27%	424.51Cr
Average	33.24x	3.43x	17.39x	1.22%	1TCr
Weighted average by Cap.	33.77x	3.48x	17.30x	1.2%