FORTIS · Healthcare
Fortis Healthcare Ltd. reported revenue of ₹1,786 cr for January to March 2024, — on the year and +6.3% on the quarter.
Operating profit (EBITDA) was ₹381 cr, a margin of 21.3%, — on the year and +443 bps on the quarter.
Net profit was ₹203 cr, — on the year and +51.5% on the quarter, with earnings per share of ₹2.37.
On earnings per share of ₹7.93 over the last four quarters, the stock at ₹736.50 trades at 92.9 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,770 cr | ₹1,680 cr | ₹1,786 cr | ₹1,859 cr | ₹1,988 cr | ₹1,928 cr | ₹2,007 cr | ₹2,167 cr | ₹2,331 cr | ₹2,265 cr | ₹2,365 cr | ₹2,545 cr |
| YoY | — | — | — | +12% | +12% | +15% | +12% | +17% | +17% | +17% | +18% | +17% |
| EBITDA margin | 18.6% | 16.9% | 21.3% | 18.5% | 21.9% | 19.5% | 21.7% | 22.7% | 23.9% | 22.3% | 22.5% | 21.1% |
| Other income, % of PBT | 8% | 10% | 6% | 6% | −16% | 17% | −12% | 9% | 12% | −13% | −1% | 8% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 21% | 27% | 25% | 24% | 26% | 9% | 21% | 24% | 23% | 26% | 16% | 25% |
| Net profit | ₹184 cr | ₹134 cr | ₹203 cr | ₹174 cr | ₹193 cr | ₹254 cr | ₹188 cr | ₹267 cr | ₹329 cr | ₹197 cr | ₹271 cr | ₹273 cr |
| YoY | — | — | — | +40% | +5% | +90% | −7% | +53% | +70% | −22% | +44% | +2% |
| Core profit YoY | — | — | — | +34% | +41% | +41% | +5% | +48% | +24% | +29% | +23% | +5% |
| EPS | ₹2.30 | ₹1.78 | ₹2.37 | ₹2.20 | ₹2.34 | ₹3.28 | ₹2.44 | ₹3.45 | ₹4.26 | ₹2.57 | ₹3.52 | ₹3.53 |
| Flags | · | · | · | ✓ | ✓ | 2 | 1 | ✓ | 1 | 1 | 1 | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Fortis Healthcare Ltd. reported revenue of ₹1,786 cr (— on the year) and net profit of ₹203 cr (— on the year) for January to March 2024.
None of the 2 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.