Fortis Malar Hospitals Ltd

Fortis Malar Hospitals Ltd

₹ 74.7 0.42%
21 May 4:01 p.m.
About

Incorporated in 1992, Fortis Malar Hospital Ltd is in the business of providing health care & medical services[1]

Key Points

Business Overview:[1][2]
Company is a part of Fortis Group, being subsidiary of Fortis Hospitals Limited and Intermediate Holding Company of Fortis Healthcare Ltd. The Hospital building is owned by a fellow subsidiary, Fortis Health Management Limited. Company has entered into Hospital and Medical Services Agreement
with FHML for rendering of medical and healthcare services at the hospital building

  • Market Cap 140 Cr.
  • Current Price 74.7
  • High / Low 98.7 / 51.0
  • Stock P/E 359
  • Book Value 16.1
  • Dividend Yield 56.9 %
  • ROCE 0.83 %
  • ROE 0.56 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 4.67 times its book value
  • Company has a low return on equity of -10.1% over last 3 years.

* 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

Sector: Healthcare Industry: Healthcare

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
22.62 20.10 23.29 21.90 20.66 17.76 18.15 17.58 5.52 0.00 0.00 0.00 0.00
19.35 20.13 21.01 20.30 19.93 18.27 18.23 18.67 5.04 0.88 0.47 0.41 0.37
Operating Profit 3.27 -0.03 2.28 1.60 0.73 -0.51 -0.08 -1.09 0.48 -0.88 -0.47 -0.41 -0.37
OPM % 14.46% -0.15% 9.79% 7.31% 3.53% -2.87% -0.44% -6.20% 8.70%
1.58 1.64 1.50 1.52 1.97 1.61 2.31 1.26 59.69 0.83 0.56 0.56 0.77
Interest 1.55 1.55 1.61 1.49 1.42 1.35 1.30 1.26 0.39 0.01 0.00 0.00 0.00
Depreciation 3.24 3.02 2.91 2.78 3.44 2.67 2.72 2.91 1.06 0.00 0.00 0.00 0.00
Profit before tax 0.06 -2.96 -0.74 -1.15 -2.16 -2.92 -1.79 -4.00 58.72 -0.06 0.09 0.15 0.40
Tax % 850.00% 0.00% 491.89% 0.00% 223.15% 0.00% 0.00% 0.25% 7.95% 0.00% 0.00% 93.33% 10.00%
-0.45 -2.96 -4.38 -1.15 -6.99 -2.93 -1.79 -4.00 54.05 -0.06 0.09 0.01 0.36
EPS in Rs -0.24 -1.58 -2.34 -0.61 -3.73 -1.56 -0.96 -2.13 28.84 -0.03 0.05 0.01 0.19
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
108.38 117.93 129.61 140.56 149.19 144.59 111.87 69.24 86.18 85.95 59.01 0.00
99.39 110.37 123.31 139.64 147.44 146.94 114.57 75.58 82.74 81.38 60.22 2.14
Operating Profit 8.99 7.56 6.30 0.92 1.75 -2.35 -2.70 -6.34 3.44 4.57 -1.21 -2.14
OPM % 8.29% 6.41% 4.86% 0.65% 1.17% -1.63% -2.41% -9.16% 3.99% 5.32% -2.05%
6.85 7.63 7.21 7.95 8.44 10.03 11.11 15.10 7.39 6.64 64.88 2.72
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
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
Profit before tax 13.39 11.97 9.95 4.47 5.60 2.79 -11.93 -11.32 -8.26 -7.01 50.01 0.57
Tax % 34.43% 34.25% 35.58% 30.20% 40.54% 26.16% -25.48% -30.48% 0.12% 120.97% 9.36% 31.58%
8.78 7.86 6.42 3.11 3.32 2.06 -8.89 -7.87 -8.27 -15.48 45.32 0.39
EPS in Rs 4.72 4.23 3.45 1.67 1.78 1.10 -4.74 -4.20 -4.41 -8.26 24.18 0.21
Dividend Payout % 10.60% 11.84% 14.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 175.93% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: -26%
5 Years: 15%
3 Years: 27%
TTM: 105%
Stock Price CAGR
10 Years: 4%
5 Years: 11%
3 Years: 11%
1 Year: 8%
Return on Equity
10 Years: -4%
5 Years: -11%
3 Years: -10%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 66.20 72.63 79.02 80.87 84.35 86.62 77.65 69.99 61.37 45.42 90.71 11.45
0.00 0.00 0.00 0.00 0.00 0.00 64.34 57.17 53.41 46.40 0.00 0.00
16.67 19.68 32.55 31.14 46.03 45.46 32.80 23.18 27.37 27.42 6.41 6.62
Total Liabilities 101.48 110.92 130.19 130.69 149.08 150.84 193.55 169.10 160.91 138.00 115.88 36.83
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
83.21 92.57 105.33 105.49 124.57 128.26 112.38 100.22 103.23 90.59 115.88 36.83
Total Assets 101.48 110.92 130.19 130.69 149.08 150.84 193.55 169.10 160.91 138.00 115.88 36.83

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4.81 4.39 10.47 -8.58 8.79 -15.97 -0.30 -0.86 6.84 5.61 -7.30 1.54
-0.55 5.34 -21.88 13.47 -1.56 6.34 49.88 -27.51 8.23 0.50 119.70 -29.10
-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 3.16 9.73 -12.51 3.92 7.28 -9.48 38.01 -35.62 4.98 -6.54 101.55 -107.21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 153.41 169.39 286.36 173.78 277.45 257.22 323.72 373.05 428.91 584.69
Cash Conversion Cycle -136.26 -143.11 -234.05 -130.92 -240.47 -214.79 -289.11 -319.72 -379.70 -539.47 0.00
Working Capital Days 187.38 163.79 126.13 152.64 131.84 155.53 -55.01 134.37 51.33 218.70 -8.35
ROCE % 17.17% 14.19% 11.83% 5.02% 5.90% 3.24% -3.04% -7.15% -1.25% -0.77% -3.29% 0.83%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.71% 62.71% 62.71% 62.71% 62.71% 62.71% 62.71% 62.71% 14.40% 62.71% 62.71% 62.71%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.17% 0.07% 0.07% 0.07%
37.22% 37.23% 37.23% 37.23% 37.23% 37.23% 37.23% 37.23% 85.43% 37.22% 37.22% 37.23%
No. of Shareholders 9,5789,5208,7728,7318,6518,6309,79010,21316,45218,86021,54726,918

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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