NSEPress Release4d ago · 5 Nov 2026, 06:47 pm
Press Release
Fortis Healthcare Limited · FORTIS
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Fortis Healthcare Limited has announced its unaudited consolidated financial results for the quarter and half year ended September 30, 2026, with consolidated revenues for Q2 FY27 at INR 2,735 Cr, up 17.3%, and PAT margin at 11.7% (vs Q2 FY26 at 14.1%).
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Fortis Healthcare Limited has informed the Exchange regarding a press release dated November 05, 2026, titled "Fortis Healthcare announces Q2 FY27 Financial Results".
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Fortis Healthcare Limited
Tower-A, Unitech Business Park,
Block-F, South City 1, Sector – 41,
Gurgaon, Haryana – 122 001 (India)
Tel 0124 492 1033
Fax 0124 492 1041
Emergency 105010
Email: secretarial@fortishealthcare.com
Website : www.fortishealthcare.com
November 5, 2026
FHL/SEC/2026-27
The National Stock Exchange of India Ltd. BSE Limited
Scrip Symbol: FORTIS Scrip Code: 532843
Sub: Press Release under Regulation 30 SEBI (Listing Obligations & Disclosure
Requirements) Regulations, 2015
Dear Madam/Sir,
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015, please find enclosed herewith the ‘Press Release’ on Financial
results for the quarter and half year ended September 30, 2026.
The date and time of occurrence of event is Thursday, November 5, 2026 at 06:05 PM (IST).
This is for your information and records.
Thanking you,
Yours Sincerely,
For Fortis Healthcare Limited
Satyendra Chauhan
Company Secretary & Compliance Officer
M. No. - A14783
Encl: As stated above
FORTIS HEALTHCARE LIMITED
Regd. Office : Fortis Hospital, Sector 62, Phase – VIII, Mohali – 160062
Tel :0172-4692222, Fax : 0172-5096221, CIN : L85110PB1996PLC045933
Press Release
November 05, 2026
Fortis Healthcare announces Q2 FY27 Financial Results
➢ Consolidated Revenues for Q2 FY27 at INR 2,735 Cr, up 17.3%; PAT Margin at 11.7%
(vs Q2 FY26 at 14.1%)
➢ Hospital Business Revenues for Q2 FY27 at INR 2,340 Cr, up 18.6%; PAT Margin at
12.1% (vs Q2 FY26 at 14.5%)
➢ Diagnostics Business Gross Revenues for Q2 FY27 at INR 448 Cr, up 12.2%; PAT Margin
at 15.2% (vs Q2 FY26 at 14.8%)
Gurugram, November 05, 2026: Fortis Healthcare Ltd. (“Fortis” or the “Company”), amongst
India’s leading healthcare delivery companies, today announced its unaudited consolidated
financial results for the quarter and half year ended September 30, 2026.
Financial Highlights
% Change % Change
Consolidated (INR Cr) Q2 FY26 Q2 FY27 H1 FY26 H1 FY27
Y-o-Y Y-o-Y
Revenue 2,331 2,735 17.3% 4,498 5,280 17.4%
Profit Before Tax
402 429 6.8% 740 783 5.8%
(Before exceptional items)
Exceptional Item* 24 3 36 13
Profit After Tax*^ 329 320 -2.5% 596 593 -0.4%
Profit After Tax Margin 14.1% 11.7% 13.2% 11.2%
Profit After Tax after Minority
Interest and Share in 322 312 -3.0% 582 579 -0.6%
Associates*
Earnings per share (EPS) 4.26 4.14 7.71 7.67
* Exceptional gain pertains primarily to reversal of impairment in an associate Company; PAT and PATMI includes exceptional
gain.
^ Consolidated PAT is after accounting for adjustments related to intercompany eliminations
% Change % Change
Hospital Business (INR Cr) Q2 FY26 Q2 FY27 H1 FY26 H1 FY27
Y-o-Y Y-o-Y
Revenue 1,974 2,340 18.6% 3,812 4,527 18.8%
Profit After Tax* 287 284 -1.1% 512 502 -1.8%
Profit After Tax Margin 14.5% 12.1% 13.4% 11.1%
* PAT for Q2 FY27 and H1 FY27 includes exceptional gain of INR 3 Cr and INR 13 Cr respectively (corresponding previous
period includes exceptional gain of INR 24 Cr and INR 36 Cr respectively) which pertains primarily to reversal of impairment in
an associate Company
Diagnostics Business % Change % Change
Q2 FY26 Q2 FY27 H1 FY26 H1 FY27
(INR Cr) Y-o-Y Y-o-Y
Revenue^ 400 448 12.2% 768 855 11.2%
Profit After Tax 59 68 15.8% 101 123 21.1%
Profit After Tax Margin 14.8% 15.2% 13.2% 14.4%
^ Diagnostics business revenue is on Gross Basis; Consolidated financials include diagnostics business revenue net of
intercompany elimination; Net Revenues stood at INR 394 Cr in Q2 FY27 versus INR 357 Cr in Q2 FY26 and INR 752 Cr in
H1 FY27 versus INR 686 Cr in H1 FY26.
Press Release
November 05, 2026
Balance Sheet
• The Company’s net debt as of 30th September 2026 stood at INR 2,188 Cr with a Net
Debt to EBITDA of 0.87x as compared to 0.96x as on 30th September 2025 (basis Q2
annualized EBITDA). Net debt to equity was at 0.20x versus 0.23x as on
30th September 2025.
HOSPITAL BUSINESS HIGHLIGHTS
KPIs Q2 FY26 Q2 FY27 H1 FY26 H1 FY27
Occupancy 71% 72% 70% 70%
ARPP* (INR Lakhs) 1.96 2.10 1.98 2.10
ALOS (Days) 4.18 4.20 4.14 4.20
* Average Revenue per IP Patient is basis Gross IP revenue, excluding daycare procedures such as Chemotherapy,
Radiotherapy, Dialysis, etc.
• Revenue growth in the hospital business for the quarter was led by a ~7% increase in
ARPP and an increase of ~9% in occupied beds compared to Q2 FY26.
• The Company through its wholly owned subsidiary Fortis Hospotel Limited (FHTL),
entered into definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital
to provide healthcare services to a 400+ bedded super-specialty hospital in Ashok
Vihar, New Delhi. The ~3.1 acre facility is expected to commence operations in 3–4
years, subject to necessary approvals, with operationalization of beds in phases.
• The Company through its wholly owned subsidiary International Hospitals Limited (IHL)
recently acquired Suguna Hospital, a 110 bedded facility in Rajajinagar, Bengaluru.
The transaction includes the acquisition of the hospital’s business operations, building
and land. The facility has potential to expand to ~150 beds.
• As part of its inorganic growth strategy, the Company aims to further strengthen its
presence across key clusters by evaluating strategic M&A and greenfield opportunities
including built-to-suit (Sale or Lease) models in established markets such as Mumbai,
Kolkata and Hyderabad. These growth initiatives are expected to drive network
synergies and strengthen its competitive positioning in these select micro-markets.
Additionally, the Company is evaluating similar such growth and expansion
opportunities in select attractive and underserved Tier 2 markets across central India
and in proximity to its key clusters in order to further broaden its geographical footprint.
DIAGNOSTICS BUSINESS HIGHLIGHTS
• Revenue mix of the business continued to improve, with the B2C share increasing to
54% in the current quarter from 52% in Q2FY26.
• Continuing with its network expansion strategy, primarily the addition of new customer
touch points (CTPs); total CTPs of Agilus as on 30th September 2026 stood at 4,551.
• In Q2 FY27, Agilus conducted ~11.39 Mn tests versus ~10.62 Mn tests in Q2 FY26.
• The preventive and specialized portfolio revenues in Agilus’ overall revenues grew
28% and 14% respectively in Q2 FY27.
Press Release
November 05, 2026
Commenting on the results for the quarter, Dr Ashutosh Raghuvanshi, MD and CEO,
Fortis Healthcare stated, “We have witnessed another quarter of sustained growth,
maintaining our growth trajectory in Q2 FY27 across our hospital and diagnostics businesses.
We remain committed to strengthening our clinical capabilities and expanding our presence
in key markets. We advanced our network expansion strategy recently through the acquisition
of 110 bedded Suguna Hospital in Bengaluru taking the total number of operational beds in
the region to approx. 1,000 beds. We also entered into a long-term healthcare services
agreement for a 400+ bedded super-specialty hospital in Ashok Vihar, New Delhi. Both these
growth initiatives will further strengthen our presence in the Bengaluru and Delhi NCR clusters
respectively and support our long-term growth ambitions.”
He further added, “Our diagnostics business continued to demonstrate consistent growth and
strong operational momentum. With our ongoing capacity expansion initiatives, focus on
clinical excellence and disciplined execution of our growth strategy, we remain well positioned
to capitalise on the growing demand for quality healthcare services in India and deliver
sustainable growth over the coming years.”
About Fortis Healthcare Limited: Fortis Healthcare Limited is a leading integrated healthcare delivery
service provider in India. The healthcare verticals of the company primarily comprise hospitals,
diagnostics and day care specialty facilities. Currently, the company operates 37 healthcare facilities
(including JVs and O&M facilities) across 12 states. The Company’s network comprises over 6,300
operational bed
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