BSECompany Update6 Aug 2026 · 6 Aug 2026, 07:32 pm
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Fortis Healthcare Ltd · 532843
✦ AI Summary▲ PositiveResults
Fortis Healthcare Ltd announced its unaudited consolidated financial results for the quarter ended June 30, 2026, with consolidated revenues at INR 2,545 Cr, up 17.5%, and operating EBITDA margin at 22.3%. The company also announced its entry into an Operations and Management agreement for a 300-bedded greenfield multi-specialty hospital in Cuttack, Odisha.
Analysis Scores
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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Fortis Healthcare Ltd - 532843 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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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
August 06, 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’ for the
quarter ended June 30, 2026.
The date and time of occurrence of event is Thursday, August 06, 2026 at 6:45 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
August 06, 2026
Fortis Healthcare announces Q1 FY27 Financial Results
➢ Consolidated Revenues at INR 2,545 Cr, up 17.5%; Operating EBITDA Margin at 22.3%
(vs Q1 FY26 at 22.6%)
➢ Hospital Business Revenues at INR 2,187 Cr, up 19.0%; Operating EBITDA margin at
21.5% (vs Q1 FY26 at 22.1%)
Gurugram, August 06, 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 ended June 30, 2026.
Q1 Financial Highlights
% Change % Change
Consolidated (INR Cr) Q1 FY26 Q1 FY27 Q4FY26
Y-o-Y Q-o-Q
Revenue 2,167 2,545 17.5% 2,365 7.6%
Operating EBITDA# 491 568^ 15.8% 531 6.9%
Operating EBITDA Margin 22.6% 22.3%^ 22.5%
Profit Before Tax
338 354 4.6% 337 5.0%
(Before exceptional items)
Exceptional items 13 10 -13
Profit After Tax* 267 273 2.3% 271 0.6%
Profit After Tax after Minority
260 266 2.3% 266 0.2%
Interest and Share in Associates*
# Operating EBITDA excludes Other Income
^ Q1 FY27 Operating EBITDA and margin excludes ESOP expenses of ~INR 31 Cr. Including the ESOP expenses the operating
margin stood at 21.1%.
* Q1 FY27 and Q1 FY26 PAT and PATMI includes exceptional gain of INR 9.5 Cr and INR 12.6 Cr respectively, which pertains
primarily to reversal of impairment in an associate Company.
* Q4 FY26 PAT and PATMI includes exceptional loss of INR 12.5 Cr which primarily pertains to impairment in an associate
Company.
% Change % Change
Hospital Business (INR Cr) Q1 FY26 Q1 FY27 Q4FY26
Y-o-Y Q-o-Q
Revenue 1,838 2,187 19.0% 2,023 8.1%
Operating EBITDA 406 471* 15.9% 446 5.4%
Operating EBITDA Margin 22.1% 21.5%* 22.1%
* Q1FY27 Operating EBITDA and margin excludes ESOP expenses of ~INR 30 Cr. Including the ESOP expenses the Operating
EBITDA margin stood at 20.1%.
% Change % Change
Diagnostics Business (INR Cr) Q1 FY26 Q1 FY27 Q4FY26
Y-o-Y Q-o-Q
Revenue^ 369 407 10.2% 387 5.0%
Operating EBITDA 85 97* 14.9% 85 14.4%
Operating EBITDA Margin 23.0% 23.9%* 22.0%
^ Diagnostics business revenue is on Gross Basis; Consolidated financials include diagnostics business revenue net of
intercompany elimination; Net Revenues stood at INR 358 Cr in Q1FY27 versus INR 329 Cr in Q1FY26.
*Q1FY27 Operating EBITDA and margin excludes ESOP expenses of INR 0.7 Cr. Including the ESOP expenses the Operating
EBITDA margin stood at 23.8%
Press Release
August 06, 2026
Balance Sheet
• The Company’s net debt as of 30th June 2026 stood at INR 2,233 Cr with a Net Debt
to EBITDA of 1.01x as compared to 0.92x as on 30th June 2025 (basis Q1 annualized
EBITDA). Net debt to equity was at 0.21x versus 0.20x as on 30th June 2025.
HOSPITAL BUSINESS HIGHLIGHTS
KPIs Q1 FY26 Q1 FY27 Q4 FY26
Occupancy 69% 69% 68%
ARPOB (INR Cr p.a.) 2.64 2.71 2.56
ALOS (Days) 4.09 4.19 4.26
• Revenue growth in the hospital business for the quarter was led by a moderate
increase in ARPOB and an increase of 16.7% in occupied beds compared to Q1 FY26.
The performance for the quarter also included recent acquisitions primarily related to
the new hospital acquisitions in Punjab and Bengaluru and the leased facility in Delhi
NCR. Excluding the impact of these facilities, on a like for like basis Operating EBITDA
margins in the quarter were similar to Q1 FY 26 at 22%.
• The Company entered into an Operations and Management agreement for a 300-
bedded greenfield multi-specialty hospital to be constructed in Cuttack, marking Fortis
Healthcare's entry into Odisha. The Company endeavors to work on similar
arrangement lines including those related to operations and management contracts,
healthcare services agreements and direct lease arrangements. The focus would be
to capitalize on opportunities in dense catchment areas in its key clusters such as Delhi
NCR that will augment further the Company’s already well-established presence in the
select micro-markets.
• As a part of the Company’s inorganic growth strategy, the Company aims to build on
its portfolio of facilities in key focus clusters and evaluate opportunities to further
consolidate its shareholding in group businesses. Geographies such as Bengaluru and
other key clusters comprise select micro markets where the Company is pursuing
inorganic growth forays to further bolster its presence. In due course, these would
enable it to draw network synergy advantages and attain a market leadership position
in such select micro-markets.
• Along with an impetus on inorganic growth, the Company’s ongoing brownfield
expansion plans would also witness an addition of ~1,800 capacity beds over the next
4 to 5 years, making it well-positioned to meet the increasing demand for advanced
healthcare in India. Over such time period, the consolidated business (including both
hospital and diagnostics) is expected to achieve revenue growth in line with the market
growth. On an expanded bed base and given the potential for higher operating
leverage coupled with a robust medical program mix, Operating EBITDA margins are
expected to gradually improve to mid-twenties in the next few years.
Press Release
August 06, 2026
DIAGNOSTICS BUSINESS HIGHLIGHTS
• Continuing with its network expansion strategy, primarily the addition of new customer
touch points (CTPs); total CTPs as on 30th June 2026 stood at 4,493.
• In Q1 FY27, Agilus conducted ~10.46 Mn tests versus ~10.13 Mn tests in Q1 FY26.
• The preventive and specialized portfolio revenues in Agilus’ overall revenues grew
27% and 13% respectively in Q1 FY27 compared to corresponding previous period.
Commenting on the results for the quarter, Dr Ashutosh Raghuvanshi, MD and CEO,
Fortis Healthcare stated, “Building on the momentum of the previous year, we have made a
positive start to the financial year, delivering a steady Q1 performance across both our hospital
and diagnostics businesses. We recently entered into an O&M agreement for a 300-bedded
greenfield multi-specialty hospital to be developed in Cuttack. This marks Fortis Healthcare's
entry into Odisha, further expanding our presence in growth markets. Our recent acquisitions
in our focus geographies are ramping up well. We also continued to invest in our medical
infrastructure by expanding our robotic systems across key facilities, reinforcing our
commitment to clinical excellence and technology led care.”
He further added “The diagnostics business also witnessed a steady revenue growth along
with an improvement in EBITDA margins compared to the corresponding period of the
previous year. We remain focused on delivering sustained growth across both our businesses
over the remaining quarters of the financial year, supported by our expansion plans, strategic
growth initiatives and a continued focus on operational excellence.”
About Fortis Healthcare Limited: Fortis Healthcare Limited is a leading integrated healthcare d
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