About Fortis Hospitals Limited
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Fortis Hospitals Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Parkway Pantai Limited. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 18 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2009PLC222166. Its GSTIN is 07AABCF3718N1ZG (Delhi). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹79.99 Cr. It is led by directors including Narayani Shivkumar (Whole-Time Director) and Anil Vinayak.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Escorts Heart Institute And Research Centre Okhla Road, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,219.85 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹508.38 Cr (net margin 12%) and EBITDA of ₹960.5 Cr (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company has about 8,088 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries.
As per MCA filings, the company has open charges of ₹487.33 Cr and satisfied charges of ₹3,676.55 Cr on record. Court records list 114 cases involving the company, including 85 filed by the company and 30 filed against it; 32 cases are pending. The company has 6 deals on record (3 funding rounds, 1 debt financing, 1 rights issue), with disclosed funding of ₹1,813.25 Cr; the latest was in December 2020. Its 7 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 3 larger and 4 smaller; the largest is Fortis Healthcare Limited with revenue of ₹7,849.69 Cr. The company has 67 MSME Form 1 returns on record between 2020 and 2024, listing 2,78,318 overdue payments to 1,636 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortishealthcare.com.
Company details
CIN history
Fortis Hospitals has one previous CIN (Corporate Identification Number): U93000HR2009PLC039212. The current CIN is U93000DL2009PLC222166, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000DL2009PLC222166 | Current |
| U93000HR2009PLC039212 | Previous |
Contact details
Fortis Hospitals Limited's registered office is in New Delhi, Delhi. Its website is fortishealthcare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEscorts Heart Institute And Research Centre Okhla Road, New Delhi, Delhi, India – 110025
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Fortis Hospitals Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Fortis Hospitals is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Fortis Hospitals Limited, buy the company report.
Financials of Fortis Hospitals Limited
FY 2025 filings availableFortis Hospitals Limited reported revenue of ₹4,219.85 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 15% growth in the latest year. EBITDA rose 32% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹960.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹508.38 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | ||||
| Net Profit Margin | 12% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Fortis Hospitals Limited, buy the company report.
Board of directors and KMP of Fortis Hospitals Limited
Fortis Hospitals Limited currently reports 3 directors and 1 key managerial person. 38 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Malhotra | Cfo | 24 May 2022 | 4 Years 5 Months | Current |
| Anil Vinayak | Director | 22 Sep 2020 | 6 Years 1 Months | Current |
| Richa Singh Debgupta Also directs: Fortis Health Management Limited, Fortis Malar Hospitals Limited, Escorts Heart and Super Speciality Hospital Limited and 2 more | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
| Narayani Shivkumar | Whole-Time Director | 22 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Fortis Hospitals Limited is compared with the 7 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortis Healthcare Limited | ₹7,849.69 Cr (FY 2025) | 13.0% | Mohali, Punjab, India | |||
| Narayana Hrudayalaya Limited | ₹5,575.01 Cr (FY 2025) | 12.0% | L Area, Anekal.T.Q.Bangalore, Karnataka, India | |||
| Aster DM Quality Care Limited | ₹4,286.69 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Fortis Hospitals Limitedthis company | ₹4,219.85 Cr (FY 2025) | ₹508.38 Cr | 12% | 15.0% | 8,088 | New Delhi, Delhi, India |
| Global Health Limited | ₹3,771.41 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Yashoda Healthcare Services Limited | ₹3,399.07 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Krishna Institute of Medical Sciences Limited | ₹3,067 Cr (FY 2025) | 22.0% | Telangana, India | |||
| Sri Kauvery Medical Care (India) Limited | ₹1,918.06 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Fortis Hospitals Limited, buy the company report.
Auditor
Fortis Hospitals Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Fortis Hospitals Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortis Hospitals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100818262 | Others | ₹15 Cr | Open | |
| 28 Jun 2023 | 100748063 | Others | ₹150 Cr | Open | |
| 15 Sep 2022 | 100614569 | Axis Bank Limited | ₹129 Cr | Open | |
| 04 Jul 2022 | 100595332 | Axis Bank Limited | ₹85 Cr | Open | |
| 25 Jun 2021 | 100459992 | Others | ₹11.19 Lakh | Open |
To see the full charge records of Fortis Hospitals Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Fortis Hospitals Limited has 6 deals on record (3 funding rounds, 1 debt financing, 1 rights issue), with disclosed funding of ₹1,813.25 Cr; the latest was in December 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Funding round | ₹500 Cr | Investors: Fortis Healthcare Limited |
| Dec 2020 | Rights issue | ₹200 Cr | Investors: Fortis Healthcare Limited |
| Oct 2016 | Debt financing | ₹486.24 Cr | Investors: Fortis Hospotel Limited |
| Feb 2016 | Funding round | ₹650 Cr | Investors: Escorts Heart Institute and Research Centre Limited |
| Dec 2010 | Funding round | ₹177.01 Cr | Investors: Fortis Healthcare Limited |
To see the full deal history of Fortis Hospitals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fortis Hospitals Limited has 114 court cases on record: 85 filed by Fortis Hospitals, 30 filed against it. 32 cases are pending and 82 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 73 | 13 | 23 |
| High courts | 33 | 13 | 8 |
| NCLT | 4 | 0 | 0 |
| Supreme Court | 4 | 4 | 1 |
Cases on record (5 of 114)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0305-Arbitration Law and Other Alternative Dispute Resolution : Challenge to/enforcement of a foreign arbitral award) | Filed against the company by DCB Bank Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| High Court, HARYANA | Writ petition | Filed against the company by M/S Fortis Hospitals Limited and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against Ms Fortis Hospitals Limited and 3 others | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Reelabs Pvt Limited and 4 others | Pending |
To see the full case history of Fortis Hospitals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Fortis Hospitals Limited was last rated by Crisil on 10 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2020 |
To see the full credit ratings and regulatory alerts of Fortis Hospitals Limited, buy the company report.
MSME payment delays
Fortis Hospitals Limited has 67 MSME Form 1 returns on record between 2020 and 2024, listing 2,78,318 overdue payments to 1,636 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 1,636)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Synergy Datalinks Private Limited | |||
| Avian Media Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Fortis Hospitals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Fortis Hospitals has 8 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Fortis Malar Hospitals Limited | L85110PB1989PLC045948 | |
| Stellant Capital Advisory Services Private Limited | U31300MH2005PTC153134 | |
| Birdie & Birdie Realtors Private Limited | U45400DL2008PTC173959 | |
| Fortis C-Doc Healthcare Limited | U85110DL2010PLC208379 | |
| Fortis Cancer Care Limited | U85110HR2011PLC084071 | |
| Fortis Health Management (East) Limited | U85190DL2011PLC217462 |
To see the full group structure of Fortis Hospitals Limited, buy the company report.
Employees & EPFO
Fortis Hospitals Limited has a workforce of 8,088 employees on its EPFO records as of Apr 01, 2024, across 3 active EPFO establishments.
GST
Fortis Hospitals has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCF3718N1ZG | Delhi | Active | 01 Jul 2017 |
| 03AABCF3718N1ZO | Punjab | Active | 01 Jul 2017 |
| 06AABCF3718N2ZH | Haryana | Active | 01 Jul 2017 |
| 19AABCF3718N1ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortis Hospitals Limited, buy the company report.
Recent activity
Fortis Hospitals Limited has 38 board changes on record since 2009: 4 appointments and 34 cessations. The latest: Shailaja Chandra ceased to be Additional Director on 27 Jun 2025.
110 earlier events are in the company report.
News
Frequently asked questions
Fortis Hospitals is an active public limited company based in New Delhi, Delhi, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 18 June 2009 (17+ years old) and is registered under CIN U93000DL2009PLC222166.
Fortis Hospitals has 4 current directors and KMP:
- Narayani Shivkumar - Whole-Time Director
- Anil Vinayak - Director
- Richa Singh Debgupta - Director
- Pradeep Kumar Malhotra - Cfo
The latest financial statements of Fortis Hospitals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortis Hospitals is 07AABCF3718N1ZG, registered in Delhi. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 03AABCF3718N1ZO (Punjab), 06AABCF3718N2ZH (Haryana), 19AABCF3718N1ZB (West Bengal).
The CIN (Corporate Identification Number) of Fortis Hospitals is U93000DL2009PLC222166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortis Hospitals has 114 court cases on record: 85 filed by the company and 30 filed against it. 32 are pending. Most are in the district courts.
Fortis Hospitals was incorporated on 18 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Fortis Hospitals has 6 deals on record (3 funding rounds, 1 debt financing, 1 rights issue), with disclosed funding of ₹1,813.25 Cr; the latest was in December 2020.
The peers of Fortis Hospitals by revenue are Fortis Healthcare Limited, Narayana Hrudayalaya Limited, Aster DM Quality Care Limited, Global Health Limited, Yashoda Healthcare Services Limited and 2 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Shailaja Chandra ceased to be Additional Director on 27 Jun 2025. Narayani Shivkumar was appointed as Whole-Time Director on 22 Apr 2025. Pradeep Kumar Malhotra was appointed as CFO on 24 May 2022. Fortis Hospitals has 38 board changes on record in total.
Fortis Hospitals has 67 MSME Form 1 returns on record between 2020 and 2024, listing 2,78,318 overdue payments to 1,636 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Fortis Hospitals can be reached through the website fortishealthcare.com. Its registered office is in New Delhi, Delhi, India.
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