Fortis Healthcare Peer Comparison
NSE: FORTIS | BSE: 532843
₹758.10
As on 07-Oct-2026 09:59IST
Market cap
₹58,713 Cr
Revenue (TTM)
₹9,506 Cr
P/E Ratio
56
P/B Ratio
5.8
Div. Yield
0.1 %
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
58,713 | 88,026 | 59,317 | 35,274 | 1,13,187 |
Revenue (₹ Cr) |
9,506 | 8,712 | 4,876 | 9,072 | 26,430 |
Net Profit (₹ Cr) |
1,052.40 | 1,457.40 | 402.49 | 823.59 | 2,127.30 |
Net Margin (%) |
11.01 | 16.41 | 8.04 | 9.02 | 7.99 |
RoE (%) |
11.05 | 14.39 | 7.75 | 20.09 | 22.66 |
Price to Earnings |
56.03 | 60.42 | 186.13 | 43.22 | 54.17 |
Price-To-Book |
5.78 | 8.06 | 14.02 | 7.43 | 11.69 |
Income Statement (₹ Cr)
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Operating Revenue
|
9,506.15 | 8,712.05 | 4,876.03 | 9,072.40 | 26,429.90 |
|
Total Income
|
9,555.88 | 8,878.68 | 5,005.48 | 9,184.30 | 26,630.10 |
|
Total Expenditure
|
7,374.72 | 6,393.68 | 3,918.04 | 7,322.98 | 22,420.40 |
|
EBITDA
|
2,131.43 | 2,318.37 | 957.99 | 1,749.42 | 4,009.50 |
|
Depreciation
|
469.83 | 474.05 | 270.32 | 519.58 | 896.50 |
|
EBIT
|
1,661.60 | 1,844.32 | 687.67 | 1,229.84 | 3,113.00 |
|
Interest
|
325.34 | 251.25 | 123.42 | 285.38 | 461.70 |
|
Other Income
|
49.73 | 166.63 | 129.45 | 111.90 | 200.20 |
|
Exceptional Items
|
-25.34 | -48.24 | -142.70 | -50.95 | -19.20 |
|
Profit before Tax
|
1,360.65 | 1,711.46 | 551.00 | 1,005.41 | 2,832.30 |
|
Provision for Tax
|
308.25 | 254.06 | 148.51 | 176.69 | 705.00 |
|
Profit after Tax
|
1,052.40 | 1,457.40 | 402.49 | 828.72 | 2,127.30 |
Liabilities (₹ Cr)
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
9,895.55 | 10,746.63 | 4,575.86 | 4,537.26 | 9,480.10 |
|
Minority Interest
|
-22.32 | -0.47 | -44.14 | -0.42 | -82.50 |
|
Non-Current Liabilities
|
3,682.72 | 4,297.37 | 2,299.10 | 6,107.63 | 5,741.10 |
|
Current Liabilities
|
2,115.00 | 2,186.94 | 979.16 | 1,827.25 | 6,481.30 |
|
Total Liabilities
|
15,832.84 | 17,184.45 | 8,075.76 | 12,463.18 | 22,652.80 |
Assets (₹ Cr)
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
11,486.06 | 13,030.55 | 4,524.32 | 7,507.22 | 11,715.90 |
|
Current Assets
|
1,819.42 | 1,944.79 | 1,947.79 | 3,932.14 | 6,899.80 |
|
Total Assets
|
15,832.84 | 17,184.45 | 8,075.76 | 12,463.18 | 22,652.80 |
|
Total Debt*
|
2,872.65 | 2,906.82 | 701.18 | 4,866.05 | 5,658.50 |
|
Net Current Assets
|
-295.58 | -242.15 | 968.63 | 2,104.88 | 418.50 |
|
Contingent Liabilities
|
2,909.60 | 934.37 | 363.19 | 51.55 | 1,242.40 |
Cashflow (₹ Cr)
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,601.45 | 1,633.32 | 655.92 | 1,621.19 | 2,855.70 |
|
Cash Flow from Investing Activities
|
-1,538.40 | -1,688.99 | -288.21 | -3,699.90 | -2,148.20 |
|
Cash from Financing Activities
|
163.76 | 59.27 | -304.34 | 2,340.43 | -477.60 |
|
Net Cash Inflow / Outflow
|
226.81 | 3.60 | 63.37 | 261.72 | 229.90 |
Ratios
Profitability Ratios
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
ROCE (%)
|
14.07 | 14.97 | 16.22 | 16.20 | 21.73 |
|
ROE (%)
|
11.05 | 14.39 | 7.75 | 20.09 | 22.66 |
|
ROA (%)
|
7.10 | 8.98 | 5.47 | 8.40 | 9.93 |
|
EBIT Margin (%)
|
17.48 | 21.17 | 14.10 | 13.56 | 11.78 |
|
Net Margin (%)
|
11.01 | 16.41 | 8.04 | 9.02 | 7.99 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
17.50 | 15.96 | 15.70 | 59.61 | 17.20 |
|
EBIT Growth (%)
|
24.00 | 15.45 | 23.53 | 21.79 | 29.50 |
|
Net Profit Growth (%)
|
18.47 | 27.00 | 8.44 | 5.48 | 33.33 |
|
EPS Growth (%)
|
15.83 | 24.18 | -3.05 | 9.14 | 33.71 |
|
Book Value Growth (%)
|
10.98 | 14.45 | 42.36 | 25.12 | 14.64 |
Valuation Ratios
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Price / Earnings
|
53.97 | 58.75 | 100.38 | 40.86 | 54.06 |
|
Price / Book Value
|
5.67 | 8.05 | 14.10 | 7.43 | 11.74 |
|
Dividend Yield (%)
|
0.13 | 0.22 | 0.44 | 0.26 | 0.25 |
|
EV/EBITDA
|
28.11 | 38.90 | 61.60 | 21.50 | 29.25 |
|
Market Cap (₹ Cr)
|
59,989.09 | 93,580.84 | 34,794.90 | 32,813.55 | 1,06,819.99 |
Solvency Ratios
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.24 | 0.23 | 0.12 | 1.03 | 0.26 |
|
Short term debt to equity ratio
|
0.01 | 0.01 | 0.00 | 0.00 | 0.31 |
|
Current Ratio
|
0.86 | 0.89 | 1.99 | 2.15 | 1.06 |
|
Quick Ratio
|
0.80 | 0.84 | 1.90 | 2.07 | 0.98 |
|
Interest Coverage
|
5.18 | 7.81 | 5.46 | 4.52 | 7.13 |
Operating Efficiency Ratios
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
10.98 | 11.13 | 6.30 | 7.23 | 13.19 |
|
Asset Turnover
|
0.64 | 0.54 | 0.66 | 0.92 | 1.23 |
|
Receivable days
|
36.55 | 36.12 | 22.21 | 27.99 | 47.03 |
|
Inventory Days
|
5.01 | 4.81 | 7.21 | 6.12 | 7.40 |
|
Payable days
|
152.97 | 169.18 | 157.95 | 193.39 | 62.70 |
|
Cash Conversion Cycle
|
-111.41 | -128.26 | -128.53 | -159.28 | -8.27 |