Fortis Healthcare Limited (FORTIS) Earnings Call Transcripts

Fortis Healthcare Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Fortis Healthcare Limited reported consolidated revenues of INR 2,365 crores, reflecting a 17.8% year-over-year growth, while full-year revenues reached INR 9,128 crores, up 17.3% from FY '25. The company achieved a consolidated profit after tax of INR 271 crores for the quarter, a 44.2% increase, and INR 1,064 crores for the fiscal year, marking a 31.5% rise. Management maintained guidance for FY '27, expecting hospital revenue growth of over 15% and an EBITDA margin improvement of 150 basis points, signaling confidence in operational efficiency despite some challenges in occupancy and international patient volumes.

Reported metrics

Guidance from management

Management expects hospital revenue growth of over 15% and an EBITDA margin improvement of 150 basis points for FY '27, indicating confidence in operational efficiency despite some challenges in occupancy and international patient volumes.

What management said

Thank you, Renju. A very good morning and good afternoon, ladies and gentlemen, and thank you indeed for taking the time to join us on our quarter 4 FY '26 and FY '26 earnings call. The call is being chaired by our MD and CEO, Dr. Ashutosh Raghuvanshi. With him, we have our Chief Financial Officer, Mr. Vivek Goyal. From Agilus, we have the CEO, Mr. Anand; and the CFO, Mr. Akshay Tiwari. We will start the call with so...

Neha, Vivek this side. So occupancy drop in some of the hospital attributed towards the drop in the international business to some extent. If you see our international business growth in this quarter is around 11%, while for a year, it has grown around 18%, 20%. So that is the main reason for occupancy drop. Another reason for the occupancy drop in some of our hospital in North side, Punjab side is because of the med...

What analysts pressed on

Analysts expressed concerns regarding the decline in occupancy levels in larger hospitals, particularly due to reduced international patient volumes and the impact of onco treatment pricing caps. There were also inquiries about the potential effects of increasing competition and the company's ability to maintain margins amidst rising doctor costs.

Main topics on the call

• Revenue Growth — Fortis reported consolidated revenues of INR 9,128 crores for FY '26, a 17.3% increase from FY '25. The hospital segment grew 19.1% to INR 7,773 crores, while diagnostics increased by 8% to INR 1,355 crores. Management s...
• Profitability Improvement — The consolidated operating EBITDA increased by 31.3% to INR 2,085 crores, resulting in a margin of 22.8% for FY '26, up from 20.4% in FY '25. The hospital business's EBITDA margin improved from 20.5% to 22.2%. Management...
• Occupancy Challenges — Hospital occupancy declined slightly to 68% in FY '26 from 69% in FY '25, attributed to a drop in international patient volumes and changes in onco treatment pricing. Management acknowledged, "Most of the drop is coming ...
• Future Capacity Expansion — Fortis plans to add approximately 1,800 beds over the next four years, with over 400 beds expected to be added in FY '27. Management stated, "We are well poised to see on hospital side, 15% plus revenue growth," indicati...

Read the full Fortis Healthcare Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Fortis Healthcare Limited earnings call transcripts on record, spanning February 17, 2020 to August 7, 2026. Based on this history, Fortis Healthcare Limited reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FORTIS

Exchange

NSEI

Country

IN

Sector

Health Care

Industry

Health Care Providers and Services

Calls on record

27

First call

February 17, 2020

Most recent

August 7, 2026

Reporting cadence

quarterly