Fortis Malar Hospitals Balance Sheet Health

Financial Health criteria checks 6/6

Fortis Malar Hospitals has a total shareholder equity of ₹1.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.2B and ₹64.1M respectively.

Key information

Debt to equity ratio

₹0

Debt

Interest coverage ratio	n/a
Cash	₹1.08b
Equity	₹1.09b
Total liabilities	₹64.07m
Total assets	₹1.16b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 523696's short term assets (₹1.1B) exceed its short term liabilities (₹64.1M).

Long Term Liabilities: 523696 has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: 523696 is debt free.

Reducing Debt: 523696 had no debt 5 years ago.

Debt Coverage: 523696 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 523696 has no debt, therefore coverage of interest payments is not a concern.

Fortis Malar Hospitals Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Fortis Malar Hospitals Limited Appoints Pradeep Kumar Malhotra as Chief Financial Officer

Fortis Malar Hospitals Limited Announces Change in Directorate

Fortis Malar Hospitals Limited Announces Resignation of Yogendra Kumar Kabra as Chief Financial Officer

Fortis Malar Hospitals Limited Announces Resignation of Yogendra Kumar Kabra as Chief Financial Officer

Fortis Malar Hospitals Limited Announces Resignation of Ms. Srishty as Company Secretary

Fortis Malar Hospitals Limited Announces Resignation of Ravi Rajagopal as Non-Executive Independent Director, Effective September 30, 2024

Fortis Malar Hospitals Limited Declares Dividend for the Financial Year Ended March 31, 2024

Upcoming dividend of ₹2.50 per share

Fortis Malar Hospitals Limited to Report Q1, 2025 Results on Jul 22, 2024

Full year 2024 earnings released: EPS: ₹24.18 (vs ₹8.26 loss in FY 2023)

Fortis Malar Hospitals Limited to Report Q1, 2025 Results on Aug 14, 2024

Fortis Malar Hospitals Limited, Annual General Meeting, Jul 31, 2024

Investor sentiment improves as stock rises 21%

Full year 2024 earnings released: EPS: ₹24.18 (vs ₹8.26 loss in FY 2023)

Fortis Malar Hospitals Limited Proposes Final Dividend for the Year Ended March 31, 2024

Fortis Malar Hospitals Limited Announces Executive Appointments

New minor risk - Share price stability

Upcoming dividend of ₹40.00 per share

Fortis Malar Hospitals Limited Approves Declaration of Interim Dividend

Fortis Malar Hospitals Limited Approves Declaration of Interim Dividend

Fortis Malar Hospitals Limited Announces Resignation of Sandeep Singh as Company Secretary & Compliance Officer

Third quarter 2024 earnings released: ₹2.14 loss per share (vs ₹0.61 loss in 3Q 2023)

MGM Healthcare Private Limited completed the acquisition of Entire business operations of Fortis Malar Hospital, Chennai from Fortis Malar Hospitals Limited (BSE:523696).

New minor risk - Share price stability

National Consumer Disputes Redressal Commission, Delhi Dismisses Complaint Against Fortis Malar Hospital, Chennai and Its Doctors

National Consumer Disputes Redressal Commission, Delhi Dismisses Complaint Against Fortis Malar Hospital, Chennai and Its Doctors

Fortis Malar Hospitals Limited Approves the Appointment of Ms. Richa Singh Debgupta as an Additional Director (Non-Executive & Non-Independent) with Effect from October 10, 2023

Fortis Malar Hospitals Limited to Report Q2, 2023 Results on Aug 02, 2023

Fortis Malar Hospitals Limited Announces Resignation of Dr. Nithya Ramamurthy as Director

Full year 2023 earnings released: ₹8.26 loss per share (vs ₹4.41 loss in FY 2022)

Now 22% undervalued

Fortis Malar Hospitals Limited to Report Q3, 2024 Results on Feb 14, 2024

New minor risk - Share price stability

Fortis Malar Hospitals Limited to Report Fiscal Year 2023 Results on May 19, 2023

Fortis Malar Hospitals Limited to Report Q2, 2022 Results on Aug 02, 2022

Full year 2022 earnings released: ₹4.41 loss per share (vs ₹4.20 loss in FY 2021)

Fortis Malar Hospitals Limited to Report Q2, 2023 Results on Nov 14, 2022

Fortis Malar Hospitals Limited, Annual General Meeting, Jul 27, 2022

Fortis Malar Hospitals Limited, Annual General Meeting, Jul 27, 2022

Full year 2022 earnings released: ₹4.41 loss per share (vs ₹4.20 loss in FY 2021)

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: ₹2.01 loss per share (vs ₹1.56 loss in 2Q 2021)

Full year 2021 earnings released: ₹4.20 loss per share (vs ₹4.75 loss in FY 2020)

Full year 2021 earnings released: ₹4.20 loss per share (vs ₹4.75 loss in FY 2020)

Company Secretary & Compliance Officer has left the company

New 90-day high: ₹60.70

Fortis Malar Hospitals Limited Appoints Ms. Shailaja Chandra as an Independent Director

Third quarter 2021 earnings released: ₹0.50 loss per share (vs ₹1.32 loss in 3Q 2020)

Fortis Malar Hospitals Limited Appoints Shailaja Chandra as Independent Director of the Company

Fortis Malar Hospitals Limited Announces the Resignation of Mr. Murari Pejavar from the Position of the Independent Director

Fortis Malar Hospitals Limited to Report Q3, 2021 Results on Feb 01, 2021

New 90-day high: ₹53.70

New 90-day high: ₹50.45

Second quarter 2021 earnings released: ₹1.45 loss per share

New 90-day high: ₹50.25

First quarter earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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