Fortis Healthcare Peer Comparison
NSE: FORTIS | BSE: 532843
₹774.55
As on 09-Nov-2026IST
Market cap
₹58,358 Cr
Revenue (TTM)
₹9,910 Cr
P/E Ratio
56.2
P/B Ratio
5.6
Div. Yield
0.1 %
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
58,358 | 89,059 | 63,946 | 38,665 | 1,22,763 |
Revenue (₹ Cr) |
9,910 | 9,146 | 6,508 | 10,273 | 27,741 |
Net Profit (₹ Cr) |
1,041.67 | 1,380.55 | 597.56 | 867.37 | 2,287.20 |
Net Margin (%) |
10.48 | 14.81 | 8.97 | 8.38 | 8.18 |
RoE (%) |
10.54 | 12.87 | 8.35 | 19.00 | 22.46 |
Price to Earnings |
56.20 | 64.51 | 135.85 | 45.02 | 54.75 |
Price-To-Book |
5.57 | 7.86 | 8.59 | 7.73 | 11.58 |
Income Statement (₹ Cr)
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Operating Revenue
|
9,909.54 | 9,145.79 | 6,508.02 | 10,272.60 | 27,741.30 |
|
Total Income
|
9,943.40 | 9,320.42 | 6,660.75 | 10,412.05 | 27,931.60 |
|
Total Expenditure
|
7,711.25 | 6,691.08 | 5,136.46 | 8,371.80 | 23,482.10 |
|
EBITDA
|
2,198.29 | 2,454.71 | 1,371.56 | 1,900.80 | 4,259.20 |
|
Depreciation
|
492.32 | 503.58 | 353.86 | 595.05 | 908.90 |
|
EBIT
|
1,705.97 | 1,951.13 | 1,017.70 | 1,305.74 | 3,350.30 |
|
Interest
|
328.76 | 271.17 | 211.64 | 339.84 | 466.10 |
|
Other Income
|
33.86 | 174.63 | 152.73 | 139.45 | 190.30 |
|
Exceptional Items
|
-45.89 | -48.24 | -161.29 | -50.95 | -19.20 |
|
Profit before Tax
|
1,365.18 | 1,806.35 | 797.50 | 1,054.40 | 3,055.30 |
|
Provision for Tax
|
323.51 | 425.80 | 199.94 | 181.69 | 769.20 |
|
Profit after Tax
|
1,041.67 | 1,380.55 | 597.56 | 872.71 | 2,286.10 |
Liabilities (₹ Cr)
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
10,478.36 | 11,332.03 | 7,790.41 | 5,002.94 | 10,604.20 |
|
Minority Interest
|
-23.51 | 0.02 | -93.19 | -0.42 | -95.30 |
|
Non-Current Liabilities
|
3,255.22 | 4,696.21 | 6,161.73 | 6,232.29 | 5,440.00 |
|
Current Liabilities
|
2,397.33 | 2,492.78 | 2,131.57 | 2,129.65 | 7,625.10 |
|
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
|
11,768.07 | 13,938.16 | 11,434.65 | 7,623.95 | 12,340.90 |
|
Current Assets
|
1,904.14 | 2,096.26 | 3,620.47 | 4,581.00 | 8,568.10 |
|
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
|
-493.19 | -396.52 | 1,488.90 | 2,451.36 | 943.00 |
|
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 (%)
|
10.54 | 12.87 | 8.35 | 19.00 | 22.46 |
|
ROA (%)
|
6.63 | 7.89 | 4.72 | 8.27 | 9.90 |
|
EBIT Margin (%)
|
17.22 | 21.33 | 15.64 | 12.71 | 12.08 |
|
Net Margin (%)
|
10.48 | 14.81 | 8.97 | 8.38 | 8.18 |
|
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 | 15.17 | 50.47 | 72.33 | 19.83 |
|
EBIT Growth (%)
|
17.60 | 14.89 | 74.58 | 20.82 | 34.45 |
|
Net Profit Growth (%)
|
1.66 | 1.73 | 50.10 | 3.17 | 34.49 |
|
EPS Growth (%)
|
6.52 | 0.35 | 8.43 | 6.60 | 34.38 |
|
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
|
54.36 | 62.69 | 93.72 | 42.65 | 54.43 |
|
Price / Book Value
|
5.57 | 7.86 | 8.59 | 7.73 | 11.58 |
|
Dividend Yield (%)
|
0.13 | 0.22 | 0.41 | 0.24 | 0.23 |
|
EV/EBITDA
|
27.60 | 37.18 | 46.17 | 21.56 | 29.65 |
|
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
|
0.19 | 0.23 | 0.44 | 0.94 | 0.23 |
|
Short term debt to equity ratio
|
0.01 | 0.01 | 0.00 | 0.00 | 0.31 |
|
Current Ratio
|
0.79 | 0.84 | 1.70 | 2.15 | 1.12 |
|
Quick Ratio
|
0.73 | 0.79 | 1.60 | 2.07 | 1.04 |
|
Interest Coverage
|
5.15 | 7.66 | 4.77 | 4.10 | 7.56 |
Operating Efficiency Ratios
| Fortis Healthcare | Max Healthcare | Aster Dm Health | Narayana Hrud | Apollo Hospitals | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
13.35 | 13.59 | 12.93 | 9.36 | 15.34 |
|
Asset Turnover
|
0.63 | 0.52 | 0.51 | 0.97 | 1.20 |
|
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 |