MarketFriction

Fortis Malar Hospitals Ltd

BSE 523696 · Hospital
₹41.29 -1.03%
BSE close2026-10-01
Market cap₹78.5 Cr.
P/E604

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales18.1517.585.520.000.000.000.000.020.030.000.000.00
Expenses18.2318.675.040.880.470.410.370.350.410.330.550.33
Operating Profit-0.08-1.090.48-0.88-0.47-0.41-0.37-0.33-0.38-0.33-0.55-0.33
OPM %-0.44%-6.20%8.70%-1,650.00%-1,266.67%
Other Income2.311.2659.690.830.560.560.774.610.520.520.660.53
Interest1.301.260.390.010.000.000.000.000.000.000.000.00
Depreciation2.722.911.060.000.000.000.000.000.000.000.000.00
Profit before tax-1.79-4.0058.72-0.060.090.150.404.280.140.190.110.20
Tax %0.00%0.25%7.95%0.00%0.00%93.33%10.00%3.04%92.86%89.47%136.36%25.00%
Net Profit-1.79-4.0054.05-0.060.090.010.364.150.010.02-0.050.15
EPS in Rs-0.96-2.1328.84-0.030.050.010.192.210.010.01-0.030.08
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales129.61140.56149.19144.59111.8769.2486.1885.9559.010.000.000.03
Expenses123.31139.64147.44146.94114.5775.5882.7481.3860.222.141.621.62
Operating Profit6.300.921.75-2.35-2.70-6.343.444.57-1.21-2.14-1.62-1.59
OPM %4.86%0.65%1.17%-1.63%-2.41%-9.16%3.99%5.32%-2.05%-3,140.00%-5,300.00%
Other Income7.217.958.4410.0311.1115.107.396.6464.882.726.352.23
Interest0.400.460.380.517.817.206.566.074.300.010.000.00
Depreciation3.163.944.214.3812.5312.8812.5312.159.360.000.000.00
Profit before tax9.954.475.602.79-11.93-11.32-8.26-7.0150.010.574.730.64
Tax %35.58%30.20%40.54%26.16%-25.48%-30.48%0.12%120.97%9.36%31.58%12.47%
Net Profit6.423.113.322.06-8.89-7.87-8.27-15.4845.320.394.140.13
EPS in Rs3.451.671.781.10-4.74-4.20-4.41-8.2624.180.212.210.07
Dividend Payout %14.50%0.00%0.00%0.00%0.00%0.00%0.00%0.00%175.93%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%50%
Compounded Profit Growth-5%18%31%-97%
Stock Price CAGR-6%-8%-10%-36%
Return on Equity-5%-8%-2%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital18.6118.6218.6818.7018.7618.7618.7618.7618.7618.7618.7618.76
Reserves72.6379.0280.8784.3586.6277.6569.9961.3745.4290.7111.4515.59
Borrowings0.000.000.000.000.0064.3457.1753.4146.400.000.000.00
Other Liabilities19.6832.5531.1446.0345.4632.8023.1827.3727.426.416.623.26
Total Liabilities110.92130.19130.69149.08150.84193.55169.10160.91138.00115.8836.8337.61
Fixed Assets17.7124.5024.5923.7921.8581.0868.5257.6247.410.000.000.00
CWIP0.640.360.610.720.730.090.360.060.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets92.57105.33105.49124.57128.26112.38100.22103.2390.59115.8836.8337.61
Total Assets110.92130.19130.69149.08150.84193.55169.10160.91138.00115.8836.8337.61
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4.3910.47-8.588.79-15.97-0.30-0.866.845.61-7.301.540.62
Cash from Investing Activity5.34-21.8813.47-1.566.3449.88-27.518.230.50119.70-29.100.46
Cash from Financing Activity0.00-1.09-0.970.050.15-11.57-7.25-10.10-12.65-10.85-79.650.00
Net Cash Flow9.73-12.513.927.28-9.4838.01-35.624.98-6.54101.55-107.211.08
Free Cash Flow1.11-0.10-12.145.11-18.68-3.20-1.395.563.73-9.601.540.62
CFO/OP133%235%-175%801%458%-143%204%220%121%188%81%51%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days13.0316.9314.4914.6824.3912.1711.029.3213.500.00
Inventory Days13.2435.3928.3722.3018.0422.4442.3239.8931.710.00
Days Payable169.39286.36173.78277.45257.22323.72373.05428.91584.69
Cash Conversion Cycle-143.11-234.05-130.92-240.47-214.79-289.11-319.72-379.70-539.470.00
Working Capital Days163.79126.13152.64131.84155.53-55.01114.5521.60183.80-8.35
ROCE %14.19%11.83%5.02%5.90%3.24%-3.04%-7.15%-1.25%-0.77%-3.29%0.83%14.65%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters62.71%62.71%62.71%14.40%62.71%62.71%62.71%62.71%62.71%62.71%62.71%62.71%
DIIs0.07%0.07%0.07%0.17%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
Public37.23%37.23%37.23%85.43%37.22%37.22%37.23%37.24%37.21%37.21%37.22%37.22%
No. of Shareholders8,6309,79010,21316,45218,86021,54726,91827,83227,64427,02226,25925,734

Fundamentals

Market Cap₹ 78.5 Cr.
Current Price₹ 41.9
Stock P/E604
Book Value₹ 18.3
ROCE14.6 %
ROE12.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)50%
Compounded Profit Growth (TTM)-97%
Consolidated figures.
Valuation
Market capRs 78 Cr
Enterprise valueRs 53 Cr
P/E (TTM)596.24x
Price to book2.26x
EV / EBITDA82.52x
EV / EBIT82.52x
Price to cash flow125.02x
Earnings yield0.17%
P/E, 3-year average124.73x
P/B, 3-year average2.55x
P/E, 5-year average124.73x
P/B, 5-year average2.08x
Profitability
ROE12.83%
ROCE14.65%
ROA11.12%
ROE, 3-year average21.86%
ROCE, 3-year average21.61%
ROA, 3-year average15.78%
ROE, 5-year average6.87%
ROCE, 5-year average12.57%
ROA, 5-year average6.39%
ROIC (approx.)5.80%
Tax rate12.47%
Other income / net worth18.49%
Growth
Profit growth (latest year)961.54%
Profit growth YoY (latest quarter)-96.39%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs 2.21
EPS (latest quarter)Rs 0.08
EPS, 3-year averageRs 8.85
EPS, 5-year averageRs 2.78
Book value per shareRs 18.30
Cash flow per shareRs 0.33
Free cash flow per shareRs 0.33
Dividend per share, 3-year averageRs 42.47
Dividend per share, 5-year averageRs 42.47
Dividends
Dividend payout, 3-year average175.93%
Dividend payout, 5-year average175.93%
Efficiency
Creditor days585 days
Cash conversion cycle0 days
Working capital days-8 days
Leverage
Cash and bankRs 25 Cr
Net debtRs -25 Cr
Net debt / EBITDA-38.59x
Owners' fund to total sources91.33%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 1 Cr
Cash from ops / profit, 5 years0.28x
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 6 Cr
Share capitalRs 19 Cr
ReservesRs 16 Cr
Shareholders' fundsRs 34 Cr
Total assetsRs 38 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)1.88
Ownership
Promoter holding62.71% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 2.26 is at the 84th percentile (median 1.20).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period523696Nifty 50Difference
1 week-1.1%-2.8% +1.6 pts
1 month-12.4%-6.8% -5.7 pts
3 months-20.7%-7.6% -13.1 pts
3 years-26.8%+14.2% -41.0 pts
5 years-36.0%+27.9% -63.9 pts

Red flags

F-score 5 of 6
explainWeak cash conversion Cash from operations was -10% of net profit over the last 3 years
lookProfit leans on other income Other income was 134% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹0 Cr -100.0% vs Jun 2025. Net profit ₹0 Cr -96.4%.

Activity

Compare
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Fortis Malar Hospitals Ltd?

Fortis Malar Hospitals Ltd (523696) has a market capitalisation of Rs 78.5 Cr. at the 2026-10-01 close.

What is the P/E ratio of Fortis Malar Hospitals Ltd?

Fortis Malar Hospitals Ltd trades at a P/E of 604 on trailing twelve-month profit, at the 2026-10-01 close.

What were Fortis Malar Hospitals Ltd's latest quarterly results?

In the Jun 2026 quarter, Fortis Malar Hospitals Ltd sales was Rs 0 Cr (-100.0% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03