Fortis Malar Hospitals Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 18.74 Cr
- Company Age 35 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.25 Cr
- Satisfied Charges ₹ 131.66 Cr
- Revenue Growth -1.07%
- Profit Growth -87.02%
- Ebitda 32.77%
- Net Worth -20.54%
- Total Assets -14.48%
About Fortis Malar Hospitals
Fortis Malar Hospitals Limited (FMHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 April 1989 and has a history of 35 years and nine months. Its registered office is in Rupnagar, Punjab, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523696.
The Corporate was formerly known as Malar Hospitals 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 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 18.74 Cr.
The company currently has active open charges totaling ₹5.25 Cr. The company has closed loans amounting to ₹131.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fortis Malar Hospitals Limited India is Yogendra Kabra as CFO. Ravi Rajagopal, Ramesh Adige, Chandrasekar Ramasamy, and Three 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
- CIN/LLPIN
L85110PB1989PLC045948
- Company No.
045948
- Stock Symbol
BSE : 523696
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Apr 1989
- Date of AGM
31 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
What products or services does Fortis Malar Hospitals Limited offer?
Fortis Malar Hospitals Limited offers a wide range of products and services, including Medical Surgery & Treatment Centres, Medical Treatment Services.
Who are the key members and board of directors at Fortis Malar Hospitals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yogendra Kabra | CFO | 13-Jun-2020 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Rajagopal  | Director | 23-Oct-2019 | Current |
Ramesh Adige  | Director | 19-Feb-2008 | Current |
| Daljit Singh | Director | 24-Dec-2014 | Current |
| Chandrasekar Ramasamy | Whole-Time Director | 11-Jan-2022 | Current |
| Richa Debgupta | Director | 10-Oct-2023 | Current |
| Shailaja Chandra | Director | 10-Mar-2021 | Current |
Financial Performance of Fortis Malar Hospitals.
Fortis Malar Hospitals Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.07% decrease. The company also saw a substantial fall in profitability, with a 87.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortis Malar Hospitals?
In 2023, Fortis Malar Hospitals had a promoter holding of 62.71% and a public holding of 37.29%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lic Housing Finance LtdRamesh Adige is a mutual person
Ubi Services LimitedRamesh Adige is a mutual person
Healthfore Technologies LimitedDaljit Singh is a mutual person
Quoqo Technologies Private LimitedRavi Rajagopal is a mutual person
Fortis Hospitals LimitedRavi Rajagopal and Richa Debgupta are mutual person
- Escorts Heart And Super Speciality Hospital Limited
Richa Debgupta is a mutual person
Charges (Loans)
₹5.25 Cr
₹131.66 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 5.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2021 | The Hongkong And Shanghai Banking Corporation Limited | ₹5.25 Cr | Open |
| 14 Aug 2018 | Hdfc Bank Limited | ₹3.42 Cr | Satisfied |
| 29 Jan 2014 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 25 Sep 2008 | Hdfc Bank Limited | ₹16.00 Cr | Satisfied |
| 09 May 2007 | Bank Of India | ₹1.50 M | Satisfied |
How Many Employees Work at Fortis Malar Hospitals?
Fortis Malar Hospitals has a workforce of 310 employees as of Mar 28, 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 Malar 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 Malar Hospitals'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.
