Fortis Healthcare Profile
Key Indicators
- Authorised Capital ₹ 928.00 Cr
- Paid Up Capital ₹ 754.96 Cr
- Company Age 29 Year, 4 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 660.61 Cr
- Satisfied Charges ₹ 3,604.01 Cr
- Revenue Growth 20.65%
- Profit Growth 826.31%
- Ebitda 15.37%
- Net Worth 1.07%
- Total Assets -0.55%
About Fortis Healthcare
Fortis Healthcare Limited (FHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 February 1996 and has a history of 29 years. Its registered office is in Rupnagar, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532843 and on the National Stock Exchange(NSE) under FORTIS.
The Corporate was formerly known as Fortis Healthcare (India) Limited. The Company is engaged in the Healthcare Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 928.00 Cr and a paid-up capital of Rs 754.96 Cr.
The company currently has active open charges totaling ₹660.61 Cr. The company has closed loans amounting to ₹3,604.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fortis Healthcare Limited India are Satyendra Chauhan as Company Secretary, Ashutosh Raghuvanshi as Ceo, and Vivek Goyal as Cfo. Ashok Pandit, Shailaja Chandra, Ashutosh Raghuvanshi, and Seven other members serve as directors at the Company.
Company Details
- Location
Rupnagar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Healthcare
Who are the key members and board of directors at Fortis Healthcare?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyendra Chauhan  | Company Secretary | 22-Mar-2024 | Current |
| Ashutosh Raghuvanshi | CEO | 18-Mar-2019 | Current |
| Vivek Goyal | CFO | 08-Apr-2019 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Pandit | Director | 13-Sep-2023 | Current |
| Shailaja Chandra | Director | 28-Jun-2020 | Current |
| Dilip Kadambi | Director | 04-Jun-2020 | Current |
| Indrajit Banerjee | Director | 27-Apr-2018 | Current |
| Suvalaxmi Chakraborty | Director | 27-Apr-2018 | Current |
Mehmet Aydinlar  | Director | 28-Mar-2023 | Current |
Financial Performance of Fortis Healthcare.
Fortis Healthcare Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.65% increase. The company also saw a substantial improvement in profitability, with a 826.31% increase in profit. The company's net worth moved up by a moderate rise of 1.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortis Healthcare?
In 2023, Fortis Healthcare had a promoter holding of 31.17% and a public holding of 68.82%. The company had 23 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Espandere Advisors Private LimitedSuvalaxmi Chakraborty is a mutual person
Kaleidofin Private LimitedSuvalaxmi Chakraborty is a mutual person
- International Hospital Limited
Shailaja Chandra is a mutual person
- Fortis Hospotel Limited
Ashutosh Raghuvanshi and Indrajit Banerjee are mutual person
Endurance Technologies LimitedIndrajit Banerjee is a mutual person
Birla Corporation LimitedShailaja Chandra is a mutual person
Charges (Loans)
Open Charges
₹660.61 Cr
Satisfied Charges
₹3,604.01 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 528.92 Cr
- Others : 111.69 Cr
- Axis Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2022 | Axis Bank Limited | ₹20.00 Cr | Open |
| 29 Apr 2021 | Others | ₹1.36 M | Open |
| 21 Apr 2021 | Others | ₹3.18 M | Open |
| 11 Feb 2021 | Others | ₹3.76 M | Open |
| 12 Nov 2020 | Others | ₹110.76 Cr | Open |
How Many Employees Work at Fortis Healthcare?
Fortis Healthcare has a workforce of 1244 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortis Healthcare, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortis Healthcare's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Fortis Healthcare
Recent activity within the organization
- Annual General Meeting
Fortis Healthcare Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 30 Sep 2019 via Charge ID 100296737 with Others was fully satisfied on 11 Jun 2024.
- Balance Sheet
Fortis Healthcare Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Director Appointment
Satyendra Chauhan was appointed as a Company Secretary was appointed as a Company Secretary on 22 Mar 2024 & has been associated with this company since 11 months 12 days .
- Director Appointment
Prem Kumar Nair was appointed as a Director was appointed as a Director on 21 Feb 2024 & has been associated with this company since 1 year 11 days .
- Director Appointment
Ashok Pandit was appointed as a Director was appointed as a Director on 13 Sep 2023 & has been associated with this company since 1 year 5 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Fortis Healthcare Limited?
Fortis Healthcare Limited was incorporated on 28 Feb 1996.
What is authorized share capital and paid-up capital of Fortis Healthcare Limited?
The authorized share capital of Fortis Healthcare Limited is ₹ 928.00 Cr and paid-up capital is ₹ 754.96 Cr.
Who are the current board members & directors of Fortis Healthcare Limited?
Currently 13 directors are associated with Fortis Healthcare Limited.
- Satyendra Chauhan
- Ashutosh Raghuvanshi
- Vivek Kumar Goyal
- Ashok Pandit
- Shailaja Chandra
- Ashutosh Raghuvanshi
- Dilip Kadambi
- Indrajit Banerjee
- Suvalaxmi Chakraborty
- Mehmet Ali Aydinlar
- Tomo Nagahiro
- Lim Tsin Lin
- Prem Kumar Nair
What is the registered address of Fortis Healthcare Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortis Healthcare Limited is Fortis Hospital Sector-62 Phase-Viii, India, Mohali, Punjab, 160062.
What is the corporate identification number (CIN) and company number of Fortis Healthcare Limited?
The corporate identification number (CIN) of Fortis Healthcare Limited is L85110PB1996PLC045933 and the company number is 045933 as per Ministry of Corporate Affairs (MCA).
Is Fortis Healthcare Limited registered with any stock exchange in India?
Yes, Fortis Healthcare Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FORTIS.
What is the official website of Fortis Healthcare Limited?
The Official website of Fortis Healthcare Limited is https://www.fortishealthcare.com
What has been the recent revenue trend for Fortis Healthcare Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortis Healthcare Limited has risen by 20.65%.
How many employees does Fortis Healthcare Limited currently have?
As Per 2023 financial reports, 1244 employees are currently employed by Fortis Healthcare Limited.
What change has been observed in the net worth of Fortis Healthcare Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortis Healthcare Limited has experienced an upsurge of 1.07%.
What are the total open charges for Fortis Healthcare Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Fortis Healthcare Limited amount to ₹ 660.61 Cr.
When was the last Balance Sheet of Fortis Healthcare Limited filed with the ROC?
The most recent Balance Sheet for Fortis Healthcare Limited was filed with the ROC on 31 Mar 2024.
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