Fortis Healthcare which is one of the premier healthcare companies has been providing various medical facilities in India. Investors have also noticed the company due to its focus on excellent health care services delivery in its operation. With reference to the business overview and fundamentals of Fortis Healthcare, this article aims at establishing the prospective fortis healthcare share price target 2025 and 2024-2040.
Details about the Fortis Company
Fortis Healthcare Limited was established in the year 2001, and currently, it is one of the leading healthcare service providers in India. It runs a chain of multi-specialty hospitals and diagnostic centres in India. It means that the company has been devoted to providing high-quality medical services and has also opened new centers in other countries, which made it famous in the sphere of healthcare.
What will be the Business Overview for Fortis Healthcare India?
The principal operations of Fortis Healthcare include hospital, diagnosis, and medical tourism. Having more than 30 medical facilities including hospitals and a vast number of diagnostic centers across the country, the company attends millions of patients every year.
Key Fundamentals of Fortis Healthcare
The principal operations of Fortis Healthcare include hospital, diagnosis, and medical tourism. Having more than 30 medical facilities including hospitals and a vast number of diagnostic centers across the country, the company attends millions of patients every year.
Market Cap | 511.59 billion |
Enterprise Value | 31,896.35 Cr |
52 Week High/Low | ₹740.35 and |
Stock P/E | 76.48 |
Book Value | ₹37.02 |
Dividend Yield | 0.15 |
ROCE | 10.3% |
ROE | 7.85 % |
Face Value | 10.00 |
Price to Book Value | 6.39 |
EPS | 8.69 |
Deb | ₹8.8B |
Promoters Holding | 31.2% |
What will be the Financial Performance of Fortis Healthcare?
Currently, there has been a general move by Fortis in showing positive financial performance in its financial books. In the financial year 2023-24, it delivered net sales of ₹ 5,700 crore and net profit of ₹ 320 crore. This organization has considered cost optimization and delivering high value care services to make it more profitable.
Revenue | 1.99KCr |
Net income | 176.46Cr |
Diluted EPS | 2.34 |
Net profit margin | 8.87% |
What will be the Share Holding Pattern for Fortis Healthcare?
As of the latest reports, the shareholding pattern of Fortis Healthcare is as follows:
– Promoters: 31%
– Foreign Institutional Investors (FIIs): 25.3%
– Domestic Institutional Investors (DIIs): 30.7%
– Retail Investors: 9%
HOLDING | Sep 2024 | June 2024 |
Promoters Holding | 31.2% | 31.2% |
FII Holding | 25.3% | 23.3% |
DII Holding | 30.7% | 32.3% |
Public Holding | 12.8% | 13.2% |
Get Fortis Healthcare Share Price Target 2024
Approximate share price target for the year 2024 is ₹ 671.05. As the company continues to record growth and pursue expansion strategies.
Year | Price Target |
2024 | ₹671.05 |
Get Fortis Healthcare Share Price Target 2025
Based on fortis healthcare share price target 2025 and assuming higher patient traffic in its hospitals and diagnostic facilities, the share price target for financial year 2025 is set at ₹682.87.
Year | Price Target |
2025 | ₹682.87 |
Get Fortis Healthcare Share Price Target 2026
The stock is not forecasted by how much it will go by the ending of the financial year 2026. Investing more on medical technology and structures will increase the earnings and market worth.
Year | Price Target |
2026 | not available |
Get Fortis Healthcare Share Price Target 2027
The estimated target for share price for the year 2027 is not available. The growth will be driven by an increase in the access of the company’s services to the currently unexplored regions.
Year | Price Target |
2027 | not available |
Get Fortis Healthcare Share Price Target 2028
The stock for 2028 is expected to be high because of its successful strategic partnerships and higher sales of medical tourism globally.
Year | Price Target |
2028 | not available |
Get Fortis Healthcare Share Price Target 2029
The share price target for 2029 is also expected to be not available but it is expected that the overall performance and concentration of Fortis Healthcare is to provide specialized services that will improve its operation performance in the market.
Year | Price Target |
2029 | not available |
Get Fortis Healthcare Share Price Target 2030
Not available
Year | Price Target |
2030 | Not available |
Get Fortis Healthcare Share Price Target 2035
The growth is expected to be as a result of continuing investments in the innovation of delivery models and systems in the healthcare sector.
Year | Price Target |
2035 | Not available |
Get Fortis Healthcare Share Price Target 2040
If the company was to maintain its strategic direction of innovation, quality care and expansion across geographic locations in the coming years to 2040, then the stock might approach a good figure.
Year | Price Target |
2040 | Not available |
Factors Influencing Share Price Target
Several factors influence Fortis Healthcare’s share price, including:
- Revenue Growth: Higher revenues generated from hospitals service delivery and diagnostics.
- Government Policies: Health care policies and public and private collaborations.
- Medical Tourism: Findings also showed that there is increasing number of international patients who wish to receive treatment in India.
What will be the Future Growth Prospects of the Fortis Healthcare Company?
Currently, fortis healthcare share price target 2025 can leverage prospects to tap into India’s increasing health-care needs. Digital initiative, strategic alliance and pioneering healthcare solutions will definitely continue to expand the growth of this company in the next couple of years.
Conclusion
Fortis Healthcare is one of the strongest operators in the field of healthcare with a tremendous further development perspective. The good financial returns, sound financial base and strategic positioning make it a worthy investment.
FAQ’s
Fortis Healthcare enjoys solid fundamentals and has further growth potential which makes it a good long term bet.
The price target for shares by 2025 is expected to reach ₹682.87.
The main source of income of Fortis Healthcare is through hospitals, diagnostics, and medical tourism.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
