Fortis Healthcare Ltd (NSE:FORTIS)
₹ 929 +22.85 (+2.52%) Market Cap: 705.89 Bil Enterprise Value: 737.75 Bil PE Ratio: 65.89 PB Ratio: 6.98 GF Score: 86/100

Q2 2026 Fortis Healthcare Ltd Earnings Call Transcript

Nov 11, 2025 / 05:30 AM GMT
Release Date Price: ₹969.4 (-1.77%)

Key Points

Positve
  • Fortis Healthcare Ltd (BOM:532843) reported a consolidated top-line growth of 17.3% year-over-year, reaching INR 2,331 crores.
  • The hospital business revenue increased by 19.3%, contributing 85% to the consolidated revenue.
  • Consolidated operating EBITDA rose by 28%, with margins improving to 23.9% from 21.9% in the previous year.
  • The company successfully added 550 operational beds in the first half of FY26, enhancing capacity.
  • Revenue from international medical travel grew by 26%, contributing 8.1% to the total revenue.
Negative
  • Net debt increased to INR 2,219 crores, primarily due to acquisitions, raising the net debt to EBITDA ratio to 0.96x.
  • Extreme weather conditions in Northern India, particularly in Punjab, caused disruptions in patient flow.
  • The Greater Noida facility, under a new lease agreement, incurs a monthly rental charge impacting profitability.
  • Occupancy rates, while improved, are expected to remain between 70% and 75%, indicating limited room for further growth without additional capacity.
  • The diagnostic business saw only a 2% increase in test volumes, indicating potential challenges in volume growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

FOHE.NS - Fortis Healthcare Ltd
Q2 2026 Fortis Healthcare Ltd Earnings Call
Nov 12, 2025 / 05:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good morning and welcome to the Fortis Healthcare Limited due to FY26 earnings conference call. As a reminder, all participant clients will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr. Anurak Kalra, head of investor relations at Fortis Healthcare Limited.

Thank you and over to you, sir.

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Unidentified_2 [2]
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