Fortis Hospitals Limited

Operates hospitals and diagnostic centers with over 4,400 beds and 390 centers nationwide.

2009 | South Delhi, Delhi (India) | Active
Last Updated: June 26, 2024

Fortis Hospitals Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 79.99 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 704.98 Cr
  • Satisfied Charges ₹ 3,676.07 Cr
  • Revenue Growth 18.97%
  • Profit Growth 145.34%
  • Ebitda 37.30%
  • Net Worth 8.43%
  • Total Assets -1.12%

About Fortis Hospitals

Fortis Hospitals Limited (FHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 June 2009 and has a history of 15 years and seven months. Its registered office is in South Delhi, Delhi, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 90.00 Cr and a paid-up capital of Rs 79.99 Cr.

The company currently has active open charges totaling ₹704.98 Cr. The company has closed loans amounting to ₹3,676.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fortis Hospitals Limited India is Pradeep Malhotra as CFO. Ravi Rajagopal, Anil Vinayak, Narayani Shivkumar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U93000DL2009PLC222166

  • Company No.

    222166

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2009

  • Date of AGM

    31 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Healthcare

Who are the key members and board of directors at Fortis Hospitals?

Executive Team (1)

Name Designation Appointment Date Status
Pradeep Malhotra CFO 24-May-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Ravi Rajagopal Country flag representing Gb Director 23-Oct-2019 Current
Anil Vinayak Country flag representing In Director 22-Sep-2020 Current
Narayani Shivkumar Country flag representing In Whole-Time Director 01-Oct-2014 Current
Richa Debgupta Country flag representing In Director 30-Sep-2020 Current

Financial Performance of Fortis Hospitals.

Fortis Hospitals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.97% increase. The company also saw a substantial improvement in profitability, with a 145.34% increase in profit. The company's net worth moved up by a moderate rise of 8.43%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
18.97%
Revenue from Operations
19.44%
Total Assets
-1.12%
Profit or Loss
145.34%
Net Worth
8.43%
EBITDA
37.30%

What is the Ownership and Shareholding Structure of Fortis Hospitals?

In 2023, Fortis Hospitals had a promoter holding of 100.00%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹704.98 Cr

Satisfied Charges

₹3,676.07 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 337.17 Cr
  • Axis Bank Limited : 184.00 Cr
  • Others : 165.91 Cr
  • Philips Electronics India Limited : 17.90 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2023 Others ₹15.00 Cr Open
28 Jun 2023 Others ₹150.00 Cr Open
15 Sep 2022 Axis Bank Limited ₹129.00 Cr Open
04 Jul 2022 Axis Bank Limited ₹55.00 Cr Open
25 Jun 2021 Others ₹1.12 M Open

How Many Employees Work at Fortis Hospitals?

Fortis Hospitals has a workforce of 8088 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortis Hospitals, 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 Hospitals's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Hospitals

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 150.00 Cr registered on 28 Jun 2023 with Charge ID 100748063 was modified on 13 Mar 2024.

    13 Mar 2024

  • Charges

    A charge registered on 12 Nov 2020 via Charge ID 100390790 with Others was fully satisfied on 01 Dec 2023.

    01 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100818262 was registered on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

    Fortis Hospitals Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.

    31 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100748063 was registered on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Fortis Hospitals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Fortis Hospitals Limited was incorporated on 18 Jun 2009.

  • The authorized share capital of Fortis Hospitals Limited is ₹ 90.00 Cr and paid-up capital is ₹ 79.99 Cr.

  • Currently 5 directors are associated with Fortis Hospitals Limited.

    • Ravi Rajagopal
    • Anil Vinayak
    • Narayani Shivkumar
    • Richa Singh Debgupta
    • Pradeep Kumar Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortis Hospitals Limited is Escorts Heart Institute And Research Centre, Okhla Road, New Delhi, India, 110025.

  • The corporate identification number (CIN) of Fortis Hospitals Limited is U93000DL2009PLC222166 and the company number is 222166 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortis Hospitals Limited is https://www.fortishealthcare.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortis Hospitals Limited has risen by 18.97%.

  • As Per 2023 financial reports, 8088 employees are currently employed by Fortis Hospitals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortis Hospitals Limited has experienced an upsurge of 8.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortis Hospitals Limited amount to ₹ 704.98 Cr.

  • The most recent Balance Sheet for Fortis Hospitals Limited was filed with the ROC on 31 Mar 2023.

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