Fortis Healthcare Ltd.
724.00
INR
-4.00
(-0.55%)
ISIN
INE061F01013
Return %
Stock
S&P 500
1Y
-34.02
14.20
3Y
118.40
81.12
5Y
182.70
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Ashutosh Raghuvanshi
- Full Time Employees
- 29,616
- Sector
- Health services
- Industry
- Hospital/Nursing management
- Address
- Tower A Gurgaon HA India 122001
- IPO Date
- May 11, 2007
- Website
- fortishealthcare.com
- Similar Companies
- Business
- Fortis Healthcare Limited is an integrated healthcare delivery service provider operating primarily in India, with additional operations in Dubai and Sri Lanka. Founded in 1996 and headquartered in Gurugram, Haryana, the company manages a network of over 36 healthcare facilities, including multi-specialty hospitals and diagnostic centers, with a bed capacity exceeding 4,300. Fortis's core products and services include multi-specialty hospital management; inpatient and outpatient care; emergency medical services; specialized clinical divisions focusing on cardiology, oncology, orthopedics, neurology, pulmonology, nephrology, radiology, and organ transplants; diagnostic services through over 415 diagnostic centers; day care facilities; and telemedicine services. The company also provides ancillary healthcare services encompassing clinical research, health aids, and patient support programs. Fortis has established strategic collaborations with global healthcare institutions to enhance medical expertise and technology adoption. Recent major developments include the appointment of Dr. Ashutosh Raghuvanshi as CEO in 2024, who has driven a strategic expansion plan involving investments of up to Rs 1,300 crore focused on adding approximately 2,200 hospital beds via brownfield expansions and possible acquisitions in Tier-II cities. In 2025, its subsidiary International Hospital Limited entered a 15-year lease agreement to operate a 200-bed multi-specialty hospital in Greater Noida, with potential capacity expansion to 250 beds. Fortis completed the acquisition of Gurugram-based Medeor Hospital in 2023 and divested Fortis Malar Hospital in Chennai, reflecting an active portfolio realignment. The company emphasizes technology integration with investments in digital health, AI applications, and telehealth platforms, contributing to improved operational efficiency and patient outcomes. Fortis reported a significant 57% year-on-year net profit increase in Q1 FY26, driven by strong hospital performance and margin improvements. The company operates under the ownership of Malaysia-based IHH Healthcare Berhad and targets middle to premium healthcare market segments across urban and semi-urban geographies. Fortis Healthcare Limited remains a leading player in India’s healthcare industry by providing comprehensive tertiary and quaternary medical services across multiple specialties while expanding capacity and geographic footprint to meet rising healthcare demand and quality standards.
Company News
iShares MSCI India ETF Buys 2,977,557 Shares of Fortis Healthcare Ltd (NSE:FORTIS)