Fortis Healthcare Limited

NSEI:FORTIS Stock Report

Market Cap: ₹511.7b

Fortis Healthcare Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ashutosh Raghuvanshi

Chief executive officer

₹90.7m

Total compensation

CEO salary percentage97.2%
CEO tenure5.8yrs
CEO ownershipn/a
Management average tenure4.7yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Fortis Healthcare (NSE:FORTIS) Has A Rock Solid Balance Sheet

Dec 13
Fortis Healthcare (NSE:FORTIS) Has A Rock Solid Balance Sheet

Does Fortis Healthcare (NSE:FORTIS) Deserve A Spot On Your Watchlist?

Nov 27
Does Fortis Healthcare (NSE:FORTIS) Deserve A Spot On Your Watchlist?

Earnings Update: Here's Why Analysts Just Lifted Their Fortis Healthcare Limited (NSE:FORTIS) Price Target To ₹685

Nov 12
Earnings Update: Here's Why Analysts Just Lifted Their Fortis Healthcare Limited (NSE:FORTIS) Price Target To ₹685

Returns Are Gaining Momentum At Fortis Healthcare (NSE:FORTIS)

Oct 04
Returns Are Gaining Momentum At Fortis Healthcare (NSE:FORTIS)

The Price Is Right For Fortis Healthcare Limited (NSE:FORTIS)

Aug 27
The Price Is Right For Fortis Healthcare Limited (NSE:FORTIS)

Fortis Healthcare Limited (NSE:FORTIS) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 09
Fortis Healthcare Limited (NSE:FORTIS) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Fortis Healthcare's (NSE:FORTIS) Dividend Will Be ₹1.00

Jul 19
Fortis Healthcare's (NSE:FORTIS) Dividend Will Be ₹1.00

Fortis Healthcare (NSE:FORTIS) Has Announced A Dividend Of ₹1.00

Jul 05
Fortis Healthcare (NSE:FORTIS) Has Announced A Dividend Of ₹1.00

Does Fortis Healthcare (NSE:FORTIS) Have A Healthy Balance Sheet?

Jun 18
Does Fortis Healthcare (NSE:FORTIS) Have A Healthy Balance Sheet?

Should You Be Adding Fortis Healthcare (NSE:FORTIS) To Your Watchlist Today?

Apr 25
Should You Be Adding Fortis Healthcare (NSE:FORTIS) To Your Watchlist Today?

Fortis Healthcare Limited's (NSE:FORTIS) Popularity With Investors Is Clear

Apr 03
Fortis Healthcare Limited's (NSE:FORTIS) Popularity With Investors Is Clear

Fortis Healthcare (NSE:FORTIS) Shareholders Will Want The ROCE Trajectory To Continue

Mar 16
Fortis Healthcare (NSE:FORTIS) Shareholders Will Want The ROCE Trajectory To Continue

Fortis Healthcare Limited Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

Feb 12
Fortis Healthcare Limited Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

Shareholders Should Be Pleased With Fortis Healthcare Limited's (NSE:FORTIS) Price

Dec 31
Shareholders Should Be Pleased With Fortis Healthcare Limited's (NSE:FORTIS) Price

CEO Compensation Analysis

How has Ashutosh Raghuvanshi's remuneration changed compared to Fortis Healthcare's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹7b

Jun 30 2024n/an/a

₹7b

Mar 31 2024₹91m₹88m

₹6b

Dec 31 2023n/an/a

₹6b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹6b

Mar 31 2023₹82m₹80m

₹6b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹5b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹71m₹67m

₹6b

Dec 31 2021n/an/a

₹5b

Sep 30 2021n/an/a

₹4b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹62m₹54m

-₹1b

Dec 31 2020n/an/a

-₹2b

Sep 30 2020n/an/a

-₹3b

Jun 30 2020n/an/a

-₹2b

Mar 31 2020₹45m₹41m

₹579m

Compensation vs Market: Ashutosh's total compensation ($USD1.07M) is above average for companies of similar size in the Indian market ($USD744.54K).

Compensation vs Earnings: Ashutosh's compensation has been consistent with company performance over the past year.

CEO

Ashutosh Raghuvanshi (62 yo)

5.8yrs

Tenure

₹90,714,070

Compensation

Dr. Ashutosh Raghuvanshi is Chairman and Non-Independent Director of Agilus Diagnostics Limited from 2024 He served as Non-Executive Director since March 20, 2019 at Agilus Diagnostics Limited. He has been...

Leadership Team

NamePositionTenureCompensationOwnership
Ashutosh Raghuvanshi
MD, CEO & Director5.8yrs₹90.71mno data
Vivek Goyal
Chief Financial Officer5.7yrs₹47.84mno data
Satyendra Chauhan
Company Secretary & Compliance Officerless than a year₹1.95mno data
Daljit Singh
Presidentno datano datano data
Anil Vinayak
Group Chief Operating Officer4.7yrsno datano data
Bipin Kumar
Chief Information Officerless than a yearno datano data
Anurag Kalra
Vice President of Investor Relations13yrsno datano data
Prabhat Kumar
Group General Counselno datano datano data
Ajey Maharaj
Head of Corporate Communication & PRno datano datano data
Ranjan Pandey
Chief Human Resources Officerno datano datano data
Bishnu Panigrahi
Group Head of MSOGno datano datano data
Sanjay Baweja
Chief Internal Audit & Risk Officerless than a yearno datano data

4.7yrs

Average Tenure

63yo

Average Age

Experienced Management: FORTIS's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashutosh Raghuvanshi
MD, CEO & Director5.8yrs₹90.71mno data
Prem Kumar Nair
Vice Chairman of the Board1.1yrs₹800.00kno data
Indrajit Banerjee
Independent Chairman6.7yrs₹10.00mno data
Ashok Pandit
Non-Executive & Non-Independent Director1.3yrs₹900.00kno data
Mehmet Aydinlar
Non-Executive & Non-Independent Director1.8yrs₹800.00kno data
Suvalaxmi Chakraborty
Independent Director6.7yrs₹8.90mno data
Dilip Kadambi
Non-Executive Director4.5yrs₹1.00mno data
Ashok Seth
Chairman of Fortis Escorts Heart Instituteno datano datano data
Shailaja Chandra
Independent Director4.5yrs₹10.00mno data
Tomo Nagahiro
Non-Executive & Non-Independent Director1.8yrs₹1.00mno data
Tsin-Lin Lim
Non-Executive & Non-Independent Director1.6yrsno datano data

3.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: FORTIS's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fortis Healthcare Limited is covered by 38 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Prashant NairAmbit Capital
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited