Fortis Malar Hospitals Limited

Specialty healthcare provider with advanced facilities and services in cardiology, neurology, orthopedics, and more.

1989 | Rupnagar, Punjab (India) | Active
Last Updated:

Fortis Malar Hospitals Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 18.74 Cr
  • Company Age 35 Year, 10 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 ten 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

    fortismalar.com

  • 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

Healthcare

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)

NameDesignationAppointment DateStatus
Yogendra Kabra CFO13-Jun-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Ravi Rajagopal Country flag representing Gb Director 23-Oct-2019Current
Ramesh Adige Country flag representing In Director 19-Feb-2008Current
Daljit Singh Country flag representing In Director 24-Dec-2014Current
Chandrasekar Ramasamy Country flag representing In Whole-Time Director 11-Jan-2022Current
Richa Debgupta Country flag representing In Director 10-Oct-2023Current
Shailaja Chandra Country flag representing In Director 10-Mar-2021Current

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%.

Fortis Malar Hospitals revenue growth over time
Fortis Malar Hospitals 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
-1.07%
Revenue from Operations
-0.26%
Total Assets
-14.48%
Profit or Loss
-87.02%
Net Worth
-20.54%
EBITDA
32.77%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.25 Cr

Satisfied Charges

₹131.66 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 5.25 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2021The Hongkong And Shanghai Banking Corporation Limited₹5.25 CrOpen
14 Aug 2018Hdfc Bank Limited₹3.42 CrSatisfied
29 Jan 2014Hdfc Bank Limited₹4.00 CrSatisfied
25 Sep 2008Hdfc Bank Limited₹16.00 CrSatisfied
09 May 2007Bank Of India₹1.50 MSatisfied

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.

Employee growth trends for Fortis Malar Hospitals Limited

Deals i

Graph showing company valuation over time

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

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 Malar Hospitals

Recent activity within the organization

  • Director Appointment

    Richa Singh Debgupta was appointed as a Director was appointed as a Director on 10 Oct 2023 & has been associated with this company since 1 year 4 months .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 5.25 Cr registered on 20 Dec 2021 with Charge ID 100511933 was modified on 04 Jul 2022.

  • Director Appointment

    Chandrasekar Ramasamy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Jan 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5.25 Cr with Charge ID 100511933 was registered on 20 Dec 2021.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Fortis Malar Hospitals Limited?

    Fortis Malar Hospitals Limited was incorporated on 13 Apr 1989.

  • What is authorized share capital and paid-up capital of Fortis Malar Hospitals Limited?

    The authorized share capital of Fortis Malar Hospitals Limited is ₹ 30.00 Cr and paid-up capital is ₹ 18.74 Cr.

  • Who are the current board members & directors of Fortis Malar Hospitals Limited?

    Currently 7 directors are associated with Fortis Malar Hospitals Limited.

    • Ravi Rajagopal
    • Yogendra Kumar Kabra
    • Ramesh Lakshman Adige
    • Chandrasekar Ramasamy
    • Richa Singh Debgupta
    • Shailaja Chandra
    • Daljit Singh

  • What is the registered address of Fortis Malar Hospitals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortis Malar Hospitals Limited is Fortis Hospital, Sector-62 Phase-Viii, Mohali, Punjab, India, 160062.

  • What is the corporate identification number (CIN) and company number of Fortis Malar Hospitals Limited?

    The corporate identification number (CIN) of Fortis Malar Hospitals Limited is L85110PB1989PLC045948 and the company number is 045948 as per Ministry of Corporate Affairs (MCA).

  • Is Fortis Malar Hospitals Limited registered with any stock exchange in India?

    Yes, Fortis Malar Hospitals Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Fortis Malar Hospitals Limited?

    The Official website of Fortis Malar Hospitals Limited is https://www.fortismalar.com

  • What has been the recent revenue trend for Fortis Malar Hospitals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fortis Malar Hospitals Limited has fallen by -1.07%.

  • How many employees does Fortis Malar Hospitals Limited currently have?

    As Per 2023 financial reports, 310 employees are currently employed by Fortis Malar Hospitals Limited.

  • What change has been observed in the net worth of Fortis Malar Hospitals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fortis Malar Hospitals Limited has experienced an downturn of -20.54%.

  • What are the total open charges for Fortis Malar Hospitals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fortis Malar Hospitals Limited amount to ₹ 5.25 Cr.

  • When was the last Balance Sheet of Fortis Malar Hospitals Limited filed with the ROC?

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

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