Fortis Malar Hospitals Ltd
Incorporated in 1992, Fortis Malar Hospital Ltd is in the business of setting up, managing, and operating a multi-speciality hospital.[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 68.2
- High / Low ₹ 98.7 / 51.0
- Stock P/E 27.6
- Book Value ₹ 16.0
- Dividend Yield 0.00 %
- ROCE 0.86 %
- ROE 0.59 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.27 times its book value
- Company has a low return on equity of -9.37% over last 3 years.
- Earnings include an other income of Rs.6.50 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
108.38 | 117.93 | 129.61 | 140.56 | 149.19 | 144.59 | 111.87 | 69.24 | 86.18 | 85.95 | 59.01 | 0.00 | 0.00 | |
99.41 | 110.39 | 123.33 | 139.66 | 147.47 | 146.94 | 114.52 | 75.56 | 82.72 | 81.37 | 60.20 | 2.12 | 1.55 | |
Operating Profit | 8.97 | 7.54 | 6.28 | 0.90 | 1.72 | -2.35 | -2.65 | -6.32 | 3.46 | 4.58 | -1.19 | -2.12 | -1.55 |
OPM % | 8.28% | 6.39% | 4.85% | 0.64% | 1.15% | -1.63% | -2.37% | -9.13% | 4.01% | 5.33% | -2.02% | ||
6.56 | 7.35 | 6.95 | 7.54 | 8.18 | 9.60 | 10.84 | 14.93 | 7.33 | 6.56 | 66.80 | 2.72 | 6.50 | |
Interest | 0.46 | 0.51 | 0.40 | 0.46 | 0.38 | 0.51 | 7.81 | 7.20 | 6.56 | 6.07 | 4.30 | 0.01 | 0.00 |
Depreciation | 1.99 | 2.71 | 3.16 | 3.94 | 4.21 | 4.38 | 12.53 | 12.88 | 12.53 | 12.15 | 9.36 | 0.00 | 0.00 |
Profit before tax | 13.08 | 11.67 | 9.67 | 4.04 | 5.31 | 2.36 | -12.15 | -11.47 | -8.30 | -7.08 | 51.95 | 0.59 | 4.95 |
Tax % | 34.48% | 34.36% | 35.68% | 29.95% | 40.87% | 26.69% | -25.51% | -30.08% | 0.00% | 119.49% | 8.99% | 30.51% | |
8.56 | 7.66 | 6.23 | 2.82 | 3.14 | 1.74 | -9.06 | -8.01 | -8.31 | -15.53 | 47.28 | 0.41 | 4.64 | |
EPS in Rs | 4.60 | 4.12 | 3.35 | 1.51 | 1.68 | 0.93 | -4.83 | -4.27 | -4.43 | -8.29 | 25.23 | 0.22 | 2.48 |
Dividend Payout % | 10.87% | 12.15% | 14.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 168.63% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | -25% |
5 Years: | 15% |
3 Years: | 27% |
TTM: | 240% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 7% |
3 Years: | 7% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -11% |
3 Years: | -9% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18.61 | 18.61 | 18.62 | 18.68 | 18.70 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 |
Reserves | 65.62 | 71.85 | 78.05 | 79.60 | 82.90 | 84.84 | 75.67 | 67.86 | 59.21 | 43.20 | 90.45 | 11.21 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 64.34 | 57.17 | 53.41 | 46.40 | 0.00 | 0.00 | |
16.49 | 19.48 | 32.36 | 30.83 | 45.74 | 44.90 | 32.64 | 23.20 | 27.30 | 27.33 | 6.18 | 6.60 | |
Total Liabilities | 100.72 | 109.94 | 129.03 | 129.11 | 147.34 | 148.50 | 191.41 | 166.99 | 158.68 | 135.69 | 115.39 | 36.57 |
17.63 | 17.71 | 24.50 | 24.59 | 23.79 | 21.85 | 81.08 | 68.52 | 57.62 | 47.41 | 0.00 | 0.00 | |
CWIP | 0.64 | 0.64 | 0.36 | 0.61 | 0.72 | 0.73 | 0.09 | 0.36 | 0.06 | 0.00 | 0.00 | 0.00 |
Investments | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
82.40 | 91.54 | 104.12 | 103.86 | 122.78 | 125.87 | 110.19 | 98.06 | 100.95 | 88.23 | 115.34 | 36.52 | |
Total Assets | 100.72 | 109.94 | 129.03 | 129.11 | 147.34 | 148.50 | 191.41 | 166.99 | 158.68 | 135.69 | 115.39 | 36.57 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.75 | 4.18 | 10.70 | -10.34 | 9.75 | -15.73 | -0.27 | -1.20 | 6.80 | 5.61 | -7.21 | 1.77 | |
-1.42 | 5.23 | -22.00 | 15.18 | -2.29 | 6.11 | 48.31 | -27.60 | 8.18 | 0.43 | 119.62 | -27.30 | |
-1.10 | 0.00 | -1.09 | -0.97 | 0.05 | 0.15 | -11.57 | -7.25 | -10.10 | -12.65 | -10.85 | -79.65 | |
Net Cash Flow | 3.23 | 9.41 | -12.39 | 3.88 | 7.51 | -9.47 | 36.47 | -36.05 | 4.87 | -6.61 | 101.56 | -105.18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 13.13 | 13.03 | 16.93 | 14.49 | 14.68 | 24.39 | 12.17 | 11.02 | 9.32 | 13.50 | 0.00 | |
Inventory Days | 4.02 | 13.24 | 35.39 | 28.37 | 22.30 | 18.04 | 22.44 | 42.32 | 39.89 | 31.71 | 0.00 | |
Days Payable | 153.11 | 169.12 | 286.36 | 172.55 | 275.68 | 254.81 | 323.38 | 374.86 | 428.69 | 584.12 | ||
Cash Conversion Cycle | -135.96 | -142.85 | -234.05 | -129.69 | -238.70 | -212.39 | -288.77 | -321.53 | -379.49 | -538.90 | 0.00 | |
Working Capital Days | 189.20 | 165.77 | 127.49 | 149.75 | 129.52 | 153.66 | -54.62 | 114.34 | 21.81 | 184.09 | 4.21 | |
ROCE % | 16.88% | 13.96% | 11.64% | 4.64% | 5.69% | 2.88% | -3.25% | -7.35% | -1.30% | -0.84% | -1.54% | 0.86% |
Documents
Announcements
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Announcement Made By IHH Healthcare Berhad ('IHH') Dated October 09, 2025 On The Malaysian Stock Exchange (I.E. Bursa Malaysia) Informing That Following Receipt Of Approval From The SEBI (The 'SEBI'), The Letters Of Offer For The Fortis Open Offer ('Fortis Lof') And The Malar Open Offer ( 'Malar Lof') Have Been Updated To Reflect Material Information As On The Date Of Issuance, Unless Otherwise Specified In The Fortis Lof And Malar Lof. The Dispatch Of The Fortis Lof And Malar Lof Have Commenced On October 09, 2025
23h - IHH subscription 235,294,117 Fortis shares; Fortis open offer INR170; Malar offer INR17.6; dispatch Oct 9, 2025.
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Letter of Offer
24h - Acquirer offers INR 17.60 per share to buy 4,894,308 shares (26.11%) of Fortis Malar; tendering Oct 20–Nov 4, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 1d
-
Announcement Made By IHH Healthcare Berhad ('IHH') Dated October 03, 2025 On The Malaysian Stock Exchange (I.E. Bursa Malaysia) With Respect To A Letter Dated October 01, 2025 Issued By The SEBI (SEBI) Approving IHH'S Request To Proceed With The Open Offer Of The Company And Its Holding Company, Fortis Healthcare Limited
3 Oct - SEBI approved IHH's Oct 1, 2025 plan: subscribe 235,294,117 shares; Fortis open offer 197,025,660; Malar open offer 4,894,308.
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Intimation To The Holders Of Physical Shares To Furnish KYC Details
30 Sep - Requests physical shareholders to submit PAN and KYC; forms on website; dated Sept 29, 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
FMHL is a subsidiary of Fortis Hospitals Limited. The company used to run a multi-speciality hospital facility in Chennai. The hospital building
was owned by a fellow subsidiary, Fortis Health Management Limited. The Parent Company has 1 wholly owned subsidiary company, Malar Stars Medicare Limited