Fortis Healthcare Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Public

  • Employees
  • 23,343

Employees

  • Stock Symbol
  • 532843

Stock Symbol

  • Investments
  • 19

  • Share Price
  • $7.11
  • (As of Monday Closing)

Fortis Healthcare General Information

Description

Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's key specialty in its hospital business is cardiac sciences. It is predominantly engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. A majority of the company's revenue is derived from India.

Contact Information

Formerly Known As
Religare Wellness Limited, Fortis Healthcare (India), Rancare
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Tower A, Unitech Business Park
  • Block F, South City 1, Sector 41
  • Gurgaon, Haryana 122001
  • India
+91 0124 000 0000
Primary Industry
Hospitals/Inpatient Services
Other Industries
Clinics/Outpatient Services
Other Healthcare Services
Stock Exchange
BOM
Vertical(s)
Mobility Tech, Supply Chain Tech, Life Sciences, Oncology
Corporate Office
  • Tower A, Unitech Business Park
  • Block F, South City 1, Sector 41
  • Gurgaon, Haryana 122001
  • India
+91 0124 000 0000

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Fortis Healthcare Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$7.11 $6.95 $3.78 - $7.14 $5.37B 755M 58.2K $0.10

Fortis Healthcare Financials Summary

In Thousands,
USD
TTM 30-Jun-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 4,481,336 3,983,692 2,598,363 3,140,140
Revenue 846,745 825,635 773,764 756,789
EBITDA 162,871 154,449 151,184 187,143
Net Income 78,588 72,340 73,318 74,505
Total Assets 1,593,503 1,514,428 1,567,324
Total Debt 0 138,502 112,754 165,496
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Fortis Healthcare Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Fortis Healthcare Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers
Hospitals/Inpatient Services
Gurgaon, India
23,343 As of 2024
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0000000000000000000
Bangalore, India
00000 As of 0000
00000
00000000000 00000

000000

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0000000000000000000
Secunderabad, India
0000 As of 0000
000.00
0000 000.00
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Fortis Healthcare Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Narayana Health Formerly PE-Backed Bangalore, India 00000 00000 00000000000 00000
Krishna Institute of Medical Sciences Formerly PE-Backed Secunderabad, India 0000 000.00 0000 000.00
Medanta Formerly PE-Backed Gurugram, India 0000 00000 00000000 00000
Max Healthcare Institute Formerly PE-Backed New Delhi, India 00000 00000 00000000000 00000
Apollo Hospitals Corporation Chennai, India 00000 00000 000000000 00000
You’re viewing 5 of 15 competitors. Get the full list »

Fortis Healthcare Executive Team (27)

Name Title Board Seat
Ashutosh Raghuvanshi Chief Executive Officer & Board Member
Daljit Singh President
Vivek Goyal Chief Financial Officer
Anil Vinayak Group Chief Operating Officer
Richa Singh Chief Strategy Officer & Operations
You’re viewing 5 of 27 executive team members. Get the full list »

Fortis Healthcare Board Members (13)

Name Representing Role Since
00000000 000000000 Fortis Healthcare Chief Executive Officer & Board Member 000 0000
You’re viewing 1 of 13 board members. Get the full list »

Fortis Healthcare Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Fortis Healthcare Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Fortis Healthcare Investments & Acquisitions (19)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Artistery Properties 25-Sep-2023 0000000000 00000 Buildings and Property
VPS Healthcare (Medeor Hospital in Manesar, India) 29-Aug-2023 000000000 000.00 Hospitals/Inpatient Services
CRS Health 14-Aug-2020 0000000000 000 Pharmaceuticals
RHT Health Trust 15-Jan-2019 0000000000 00000 Hospitals/Inpatient Services 000000000
Agilus Diagnostics 28-Sep-2015 Secondary Transaction - Private 0000 Laboratory Services (Healthcare) 000000000
You’re viewing 5 of 19 investments and acquisitions. Get the full list »

Fortis Healthcare Subsidiaries (3)

Company Name Industry Location Founded
RHT Health Trust Real Estate Singapore, Singapore 2011
Agilus Diagnostics Laboratory Services (Healthcare) Gurugram, India 0000
International Hospital (Hospitals / Inpatient Services) Clinics/Outpatient Services Bengaluru, India 0000
To view Fortis Healthcare’s complete subsidiaries history, request access »

Fortis Healthcare ESG

Risk Overview

Risk Rating

Updated May, 31, 2023

33.31 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,009

Rank

00.00

Percentile

Healthcare

Industry

00 of 634

Rank

00.00

Percentile

Medical Facilities

Subindustry

00 of 141

Rank

00.00

Percentile

To view Fortis Healthcare’s complete esg history, request access »

Fortis Healthcare Exits (7)

Company Name Exit Date Exit Type Exit Size Status Buyers
Radlink Diagnostic Imaging 01-Feb-2012 000000000000 000.00 Completed
  • 000000 00000
Hoan My Medical 02-Aug-2011 0000000000 0000 Completed
  • 4 buyers
Dental Corporation 25-Feb-2011 000000000 00 00000 Completed
  • 000000 00000
Dental Corporation 22-Dec-2010 000000000 000.00 Completed
  • 000000 00000
Quality HealthCare Medical Services 11-Oct-2010 Buyout/LBO 00000 Completed
You’re viewing 5 of 7 exits. Get the full list »

Fortis Healthcare FAQs

  • When was Fortis Healthcare founded?

    Fortis Healthcare was founded in 1996.

  • Who is the founder of Fortis Healthcare?

    Malvinder Mohan Singh and Shivinder Singh are the founders of Fortis Healthcare.

  • Who is the CEO of Fortis Healthcare?

    Ashutosh Raghuvanshi is the CEO of Fortis Healthcare.

  • Where is Fortis Healthcare headquartered?

    Fortis Healthcare is headquartered in Gurgaon, India.

  • What is the size of Fortis Healthcare?

    Fortis Healthcare has 23,343 total employees.

  • What industry is Fortis Healthcare in?

    Fortis Healthcare’s primary industry is Hospitals/Inpatient Services.

  • Is Fortis Healthcare a private or public company?

    Fortis Healthcare is a Public company.

  • What is Fortis Healthcare’s stock symbol?

    The ticker symbol for Fortis Healthcare is 532843.

  • What is the current stock price of Fortis Healthcare?

    As of 16-Sep-2024 the stock price of Fortis Healthcare is $7.11.

  • What is the current market cap of Fortis Healthcare?

    The current market capitalization of Fortis Healthcare is $5.37B.

  • What is Fortis Healthcare’s current revenue?

    The trailing twelve month revenue for Fortis Healthcare is $847M.

  • Who are Fortis Healthcare’s competitors?

    Narayana Health, Krishna Institute of Medical Sciences, Medanta, Max Healthcare Institute, and Apollo Hospitals are some of the 15 competitors of Fortis Healthcare.

  • What is Fortis Healthcare’s annual earnings per share (EPS)?

    Fortis Healthcare’s EPS for 12 months was $0.10.

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