Key Quantitative Figures

Consolidated Financial Results (FY 2025-26):

  • Revenue from operations: ₹9,127.84 crore
  • Total income: ₹9,178.50 crore
  • Net profit for the period: ₹1,064.19 crore
  • EBITDA: ₹2,135.64 crore
  • Basic EPS from continuing operations: ₹13.80
  • Dividend recommended: ₹1 per equity share (10% of face value of ₹10)

Quarterly Performance (Q4 FY26):

  • Revenue from operations: ₹2,364.67 crore
  • Net profit: ₹271.19 crore
  • EBITDA: ₹536.72 crore
  • Basic EPS: ₹3.52

Standalone Financial Results (FY 2025-26):

  • Revenue from operations: ₹1,957.68 crore
  • Net profit: ₹230.34 crore
  • EBITDA: ₹562.24 crore
  • Basic EPS: ₹3.05

Dates of Action

  • Board Meeting Date: May 22, 2026 (commenced at 09:35 IST, concluded at 19:35 IST)
  • Financial Year Ended: March 31, 2026
  • Dividend payment: Within 30 days from conclusion of AGM, if approved
  • Cost Auditor appointment: Effective from May 22, 2026 for FY 2026-27

Parties Involved

  • Statutory Auditors: M/s. B S R & Co. LLP (issued unmodified opinion)
  • Cost Auditor: M/s Jitender, Navneet & Co. (appointed for FY 2026-27)
  • Subsidiaries: 26 subsidiaries included in consolidation
  • Joint Ventures: 3 joint ventures included in consolidation
  • Associates: 2 associates included in consolidation

Capital Structure Impact

  • Paid-up equity share capital: ₹754.96 crore (face value ₹10 per share)
  • Dividend payout: Approximately ₹75.50 crore if approved (net cash outflow ~₹75.50 crore)
  • ESOP: 1,32,05,200 employee stock options granted post-quarter under "Fortis Healthcare Limited Stock Option Scheme 2026"

Operational Highlights

  • Healthcare segment revenue: ₹7,772.69 crore (FY26)
  • Diagnostics segment revenue: ₹1,526.56 crore (FY26)
  • Segment profit - Healthcare: ₹1,393.70 crore (FY26)
  • Segment profit - Diagnostics: ₹241.85 crore (FY26)

Legal and Regulatory Matters

Ongoing Investigations:

  • SFIO investigation regarding alleged improper transactions and non-compliances with laws (relating to period prior to March 2018)
  • SEBI matters including appeals against penalties imposed on Company and subsidiaries
  • Economic Offences Wing (EOW) investigations
  • Various court cases including Delhi High Court, Supreme Court matters

Provisioning:

  • Company has made provisions for contingencies that may arise from these issues
  • Management believes any further additional impact is not expected to be material

Recent Acquisitions/Transactions

  • Acquisition of Shrimann Superspecialty Hospital (July 24, 2025) for ₹461.90 crore
  • Acquisition of TMI Healthcare Private Limited (January 9, 2026) for ₹433.86 crore
  • Sale of Richmond Road Hospital business to Vikram Aura Private Limited (December 12, 2024) for ₹22.75 crore

Corporate Actions

  • Composite Scheme of Amalgamation approved by NCLT (effective March 1, 2026)
  • Intra-group restructuring scheme approved by NCLT (effective April 1, 2023)
  • Brand acquisition: Company acquired "Fortis" brand and allied trademarks through court auction for ₹200 crore

Debt Compliance

  • Certificate provided for compliance with covenants for listed non-convertible debt securities
  • Net External Debt to EBITDA ratio: 1.08 (consolidated) as of March 31, 2026
  • Company complied with all financial and non-financial covenants as per debenture trust deed

Auditor's Emphasis of Matters

Auditors drew attention to:

1. Ongoing SFIO investigation regarding alleged improper transactions (pre-March 2018)

2. Supreme Court order regarding transactions with RHT Health Trust

Opinion not modified in respect of these matters.

Dividend Details

  • Recommended final dividend: ₹1 per equity share (10% of face value ₹10)
  • Subject to shareholder approval at AGM
  • Payment within 30 days from AGM conclusion
  • Estimated cash outflow: Approximately ₹75.50 crore

Other Approvals

  • Corporate Social Responsibility Policy approved
  • Cost Auditor appointment for FY 2026-27
  • Publication of financial results in newspapers as per Regulation 47

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