Fortis Malar Hospitals
Healthcare Services
523696 BSE
₹40.32
Close ·
- P/E
- 576.00
Close 4 Nov 2026 ₹40.32 −25.24 −38.5% 1Y
Start ₹65.56
Key Fundamentals
MicrocapHealthcare ServicesHealthcarePrice-based figures at the close · EPS basis: Consolidated · TTM
- ROCE
- 14.60%
- Debt to Equity
- 0.00
- EPS (TTM)
- ₹0.07
- Book Value
- ₹18.32
- Market Cap
- —
- P/E (TTM)
- 576.00
- P/B
- 2.20
- ROE
- 12.80%
- Dividend Yield
- 107.32%
- EBITDA
- ₹4.70 Cr
- 52W High
- ₹66.99
- 52W Low
- ₹39.00
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
50 Average
Data confidence 98/100
Category scores
- Quality
- 53
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 33
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 92
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 86
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 17
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -1.79% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 5 | 4 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Neutral
Bearish
2
Neutral
5
Bullish
2
Overall
Strong Bearish
Bearish
10
Neutral
5
Bullish
4
Moving Averages
Strong Bearish
Bearish
8
Neutral
0
Bullish
2
Key readings
- RSI (14)
- 45.17
- Neutral
- MACD (12,26,9)
- −0.68
- Bullish
- SMA (50)
- 42.38
- Bearish
- SMA (200)
- 50.20
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −100.00% |
|---|---|
| 5Y | −100.00% |
| 3Y | −100.00% |
| 1Y | Zero base |
| TTM | +50.00% |
Net profit
| 10Y | −4.29% |
|---|---|
| 5Y | Turned to profit |
| 3Y | Turned to profit |
| 1Y | +961.54% |
| TTM | −97.18% |
Operating cash flow
| 10Y | −24.62% |
|---|---|
| 5Y | Turned positive |
| 3Y | −52.01% |
| 1Y | −59.74% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | No sales |
|---|---|
| 5Y | No sales |
| 3Y | No sales |
| 1Y | No sales |
| TTM | Tiny sales |
Revenue by year
| Mar 2017 | ₹141 Cr |
|---|---|
| Mar 2018 | ₹149 Cr |
| Mar 2019 | ₹145 Cr |
| Mar 2020 | ₹112 Cr |
| Mar 2021 | ₹69.24 Cr |
| Mar 2022 | ₹86.18 Cr |
| Mar 2023 | ₹85.95 Cr |
| Mar 2024 | ₹59.01 Cr |
| Mar 2025 | ₹0.00 Cr |
| Mar 2026 | ₹0.00 Cr |
Net profit by year
| Mar 2017 | ₹3.11 Cr |
|---|---|
| Mar 2018 | ₹3.32 Cr |
| Mar 2019 | ₹2.06 Cr |
| Mar 2020 | −₹8.89 Cr |
| Mar 2021 | −₹7.87 Cr |
| Mar 2022 | −₹8.27 Cr |
| Mar 2023 | −₹15.48 Cr |
| Mar 2024 | ₹45.32 Cr |
| Mar 2025 | ₹0.39 Cr |
| Mar 2026 | ₹4.14 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17.76 | 18.15 | 17.58 | 5.52 | 0 | 0 | 0 | 0 | 0.02 | 0.03 | 0 | 0 | 0 |
| Expenses | 18.27 | 18.23 | 18.67 | 5.04 | 0.88 | 0.47 | 0.41 | 0.37 | 0.35 | 0.41 | 0.33 | 0.55 | 0.33 |
| Operating Profit | −0.51 | −0.08 | −1.09 | 0.48 | −0.88 | −0.47 | −0.41 | −0.37 | −0.33 | −0.38 | −0.33 | −0.55 | −0.33 |
| OPM % | −2.87% | −0.44% | −6.2% | 8.7% | — | — | — | — | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | — |
| Other Income | 1.61 | 2.31 | 1.26 | 59.69 | 0.83 | 0.56 | 0.56 | 0.77 | 4.61 | 0.52 | 0.52 | 0.66 | 0.53 |
| Interest | 1.35 | 1.3 | 1.26 | 0.39 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2.67 | 2.72 | 2.91 | 1.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | −2.92 | −1.79 | −4 | 58.72 | −0.06 | 0.09 | 0.15 | 0.4 | 4.28 | 0.14 | 0.19 | 0.11 | 0.2 |
| Tax % | 0% | 0% | 0.25% | 7.95% | 0% | 0% | 93.33% | 10% | 3.04% | 92.86% | 89.47% | 136.36% | 25% |
| Net Profit | −2.93 | −1.79 | −4 | 54.05 | −0.06 | 0.09 | 0.01 | 0.36 | 4.15 | 0.01 | 0.02 | −0.05 | 0.15 |
| EPS (₹) | −1.56 | −0.96 | −2.13 | 28.84 | −0.03 | 0.05 | 0.01 | 0.19 | 2.21 | 0.01 | 0.01 | −0.03 | 0.08 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 118 | 130 | 141 | 149 | 145 | 112 | 69.24 | 86.18 | 85.95 | 59.01 | 0 | 0 | 0.03 |
| Expenses | 110 | 123 | 140 | 147 | 147 | 115 | 75.58 | 82.74 | 81.38 | 60.22 | 2.14 | 1.62 | 1.62 |
| Operating Profit | 7.56 | 6.3 | 0.92 | 1.75 | −2.35 | −2.7 | −6.34 | 3.44 | 4.57 | −1.21 | −2.14 | −1.62 | −1.59 |
| OPM % | 6.41% | 4.86% | 0.65% | 1.17% | −1.63% | −2.41% | −9.16% | 3.99% | 5.32% | −2.05% | — | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. |
| Other Income | 7.63 | 7.21 | 7.95 | 8.44 | 10.03 | 11.11 | 15.1 | 7.39 | 6.64 | 64.88 | 2.72 | 6.35 | 2.23 |
| Interest | 0.51 | 0.4 | 0.46 | 0.38 | 0.51 | 7.81 | 7.2 | 6.56 | 6.07 | 4.3 | 0.01 | 0 | 0 |
| Depreciation | 2.71 | 3.16 | 3.94 | 4.21 | 4.38 | 12.53 | 12.88 | 12.53 | 12.15 | 9.36 | 0 | 0 | 0 |
| PBT | 11.97 | 9.95 | 4.47 | 5.6 | 2.79 | −11.93 | −11.32 | −8.26 | −7.01 | 50.01 | 0.57 | 4.73 | 0.64 |
| Tax % | 34.25% | 35.58% | 30.2% | 40.54% | 26.16% | −25.48% | −30.48% | 0.12% | 120.97% | 9.36% | 31.58% | 12.47% | — |
| Net Profit | 7.86 | 6.42 | 3.11 | 3.32 | 2.06 | −8.89 | −7.87 | −8.27 | −15.48 | 45.32 | 0.39 | 4.14 | 0.13 |
| EPS (₹) | 4.23 | 3.45 | 1.67 | 1.78 | 1.1 | −4.74 | −4.2 | −4.41 | −8.26 | 24.18 | 0.21 | 2.21 | 0.07 |
| Div. Payout % | 11.84% | 14.5% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 175.93% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18.61 | 18.62 | 18.68 | 18.7 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 |
| Reserves | 72.63 | 79.02 | 80.87 | 84.35 | 86.62 | 77.65 | 69.99 | 61.37 | 45.42 | 90.71 | 11.45 | 15.59 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 64.34 | 57.17 | 53.41 | 46.4 | 0 | 0 | 0 |
| Other Liabilities | 19.68 | 32.55 | 31.14 | 46.03 | 45.46 | 32.8 | 23.18 | 27.37 | 27.42 | 6.41 | 6.62 | 3.26 |
| Total Liabilities | 111 | 130 | 131 | 149 | 151 | 194 | 169 | 161 | 138 | 116 | 36.83 | 37.61 |
| Fixed Assets | 17.71 | 24.5 | 24.59 | 23.79 | 21.85 | 81.08 | 68.52 | 57.62 | 47.41 | 0 | 0 | 0 |
| CWIP | 0.64 | 0.36 | 0.61 | 0.72 | 0.73 | 0.09 | 0.36 | 0.06 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 92.57 | 105 | 105 | 125 | 128 | 112 | 100 | 103 | 90.59 | 116 | 36.83 | 37.61 |
| Total Assets | 111 | 130 | 131 | 149 | 151 | 194 | 169 | 161 | 138 | 116 | 36.83 | 37.61 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4.39 | 10.47 | −8.58 | 8.79 | −15.97 | −0.3 | −0.86 | 6.84 | 5.61 | −7.3 | 1.54 | 0.62 |
| Investing | 5.34 | −21.88 | 13.47 | −1.56 | 6.34 | 49.88 | −27.51 | 8.23 | 0.5 | 120 | −29.1 | 0.46 |
| Financing | 0 | −1.09 | −0.97 | 0.05 | 0.15 | −11.57 | −7.25 | −10.1 | −12.65 | −10.85 | −79.65 | 0 |
| Net Cash Flow | 9.73 | −12.51 | 3.92 | 7.28 | −9.48 | 38.01 | −35.62 | 4.98 | −6.54 | 102 | −107 | 1.08 |
| Free Cash Flow | 1.11 | −0.1 | −12.14 | 5.11 | −18.68 | −3.2 | −1.39 | 5.56 | 3.73 | −9.6 | 1.54 | 0.62 |
| CFO/OP | 133 | 235 | −175 | 801 | 458 | −143 | 204 | 220 | 121 | 188 | 81 | 51 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13.03 | 16.93 | 14.49 | 14.68 | 24.39 | 12.17 | 11.02 | 9.32 | 13.5 | 0 | — | — |
| Inventory Days | 13.24 | 35.39 | 28.37 | 22.3 | 18.04 | 22.44 | 42.32 | 39.89 | 31.71 | 0 | — | — |
| Days Payable | 169 | 286 | 174 | 277 | 257 | 324 | 373 | 429 | 585 | — | — | — |
| Cash Conversion Cycle | −143 | −234 | −131 | −240 | −215 | −289 | −320 | −380 | −539 | 0 | — | — |
| Working Capital Days | 164 | 126 | 153 | 132 | 156 | −55.01 | 115 | 21.6 | 184 | −8.35 | — | — |
| ROCE % | 14.19% | 11.83% | 5.02% | 5.9% | 3.24% | −3.04% | −7.15% | −1.25% | −0.77% | −3.29% | 0.83% | 14.65% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Fortis Malar Hospitals insights
54 extracted metrics across FY11–FY27.
Documents
Frequently Asked Questions about Fortis Malar Hospitals
What does Fortis Malar Hospitals Ltd do?
Incorporated in 1992, Fortis Malar Hospital Ltd is in the business of setting up, managing, and operating a multi-speciality hospital.
Where is Fortis Malar Hospitals Ltd (FORTISMLR) listed?
Fortis Malar Hospitals Ltd trades under code 523696 on the BSE.
Which sector does Fortis Malar Hospitals Ltd belong to?
Fortis Malar Hospitals Ltd is classified under the Healthcare Services sector, in the Hospitals industry.
What is the PE ratio of Fortis Malar Hospitals Ltd?
Fortis Malar Hospitals Ltd trades at a PE ratio of 576.00 as of 4 Nov 2026, on earnings per share of ₹0.07, against a book value of ₹18.32 per share.
What is the 52-week high and low of Fortis Malar Hospitals Ltd?
Over the last 52 weeks Fortis Malar Hospitals Ltd has traded between ₹39 and ₹66.99 as of 4 Nov 2026.
Does Fortis Malar Hospitals Ltd pay dividends?
Fortis Malar Hospitals Ltd has a dividend yield of 107.32%.
What is the Return on Equity (ROE) of Fortis Malar Hospitals Ltd?
Fortis Malar Hospitals Ltd reported a return on equity of 12.80%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1992, Fortis Malar Hospital Ltd is in the business of setting up, managing, and operating a multi-speciality hospital.
Website fortismalar.com
Face Value ₹10
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