Fortis Healthcare Q3 FY26 Results: Strong Growth with Management Insights from Earnings Call

3 min read     Updated on 13 Feb 2026, 08:05 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Fortis Healthcare delivered strong Q3 FY26 results with consolidated revenues of INR 2,265 Cr, up 17.5% YoY, and operating EBITDA margin expanding to 22.3% from 19.4%. The hospital business drove growth with 19.4% revenue increase to INR 1,938 Cr and occupied beds rising 14% to 3,189. Management announced strategic acquisitions including People Tree Hospital in Bengaluru for INR 430 Cr and outlined expansion plans for 430+ beds in FY27.

32538947

*this image is generated using AI for illustrative purposes only.

Fortis Healthcare Limited has completed the mandatory newspaper publication of its Q3 FY26 unaudited financial results under SEBI regulations, following the company's strong financial performance for the quarter ended December 31, 2025. The healthcare giant reported consolidated revenues of INR 2,265 Cr, marking a significant 17.5% increase compared to Q3 FY25. Subsequently, the company held its earnings conference call on February 16, 2026, providing detailed insights into operational performance and future expansion plans.

Regulatory Compliance and Publication Details

Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its financial results on February 14, 2026, in English daily "Financial Express" (all editions) and Punjabi daily "Rozana Spokesman" (Mohali edition). The publication ensures transparency and accessibility of financial information to all stakeholders. Additionally, the company released the transcript of its investors/analysts meet held on February 16, 2026, under Regulation 30.

Publication Details: Information
Publication Date: February 14, 2026
English Daily: Financial Express (All Editions)
Regional Daily: Rozana Spokesman (Mohali Edition)
Earnings Call Date: February 16, 2026
Regulatory Framework: SEBI Regulations 30 & 47

Strong Financial Performance Highlights

The consolidated financial results showcase robust operational efficiency across both hospital and diagnostics businesses, with significant margin expansion and revenue growth. During the earnings call, MD and CEO Dr. Ashutosh Raghuvanshi highlighted the sustained growth momentum despite seasonal impacts from festivals in key geographies.

Consolidated Metrics: Q3 FY25 Q3 FY26 YoY Change
Total Income: INR 1,94,915 Lakhs INR 2,27,330 Lakhs +16.6%
Operating EBITDA: INR 375 Cr INR 505 Cr +34.8%
Operating EBITDA Margin: 19.4% 22.3% +290 bps
Net Profit (After Tax): INR 254.30 Cr INR 197.40 Cr -22.4%
Profit Before Tax: INR 256 Cr INR 312 Cr +21.9%

For the nine-month period ended December 31, 2025, consolidated revenues reached INR 6,763 Cr, demonstrating consistent growth momentum with a 17.1% increase. The company's net debt stands at INR 2,547 Cr with a net debt to EBITDA ratio of 1.24x as of December 31, 2025.

Hospital Business Drives Growth

The hospital business segment emerged as the primary growth driver, with revenues increasing substantially and margins improving across key specialties. Management noted that 13 facilities reported operating EBITDA above 20% during the nine-month period, contributing 77% of hospital revenues.

Hospital Business: Q3 FY25 Q3 FY26 Performance
Revenue Growth: INR 1,623 Cr INR 1,938 Cr +19.4%
EBITDA Margin: 20.0% 21.7% +170 bps
Occupied Beds: 2,790 3,189 +14%
ARPOB: INR 2.45 Cr INR 2.56 Cr +4.5%
Hospital Occupancy: 67% 67% Steady

Strategic Acquisitions and Expansion Plans

During the earnings call, management announced the acquisition of 125-bedded People Tree Hospital in Yeshwanthpur, Bengaluru for INR 430 Cr in January 2026. The acquisition includes underlying land and an adjacent land parcel enabling future expansion to over 300 beds. The company also launched Adayu, a 36-bedded specialized mental health care facility in Gurugram in November 2025.

Expansion Highlights: Details
Total Beds Added (9 months): 750 beds
People Tree Hospital: 125 beds (expandable to 300)
Acquisition Cost: INR 430 Cr
Adayu Mental Health Facility: 36 beds
Planned FY27 Bed Addition: 430+ beds

Diagnostics Business Performance

Agilus Diagnostics reported gross revenues of INR 371 Cr, reflecting 8.3% year-on-year growth. Operating EBITDA margin improved significantly to 23.1% from 14.4% in Q3 FY25. The business conducted 9.9 million tests during the quarter with a balanced B2C-B2B mix of 52-48.

Diagnostics Metrics: Q3 FY25 Q3 FY26 Change
Gross Revenue: INR 342 Cr INR 371 Cr +8.3%
Operating EBITDA Margin: 14.4% 23.1% +870 bps
Tests Conducted: 9.6 million 9.9 million +3.6%
Customer Touch Points: - 4,370 175+ additions

Management Outlook and Future Strategy

CFO Vivek Goyal indicated expectations of continued growth trajectory with 4-5% ARPOB increases going forward. The company expects potential equity infusion from parent IHH Healthcare post the cooling period ending in May 2026. Management expressed confidence in maintaining growth momentum through brownfield expansions, strategic acquisitions, and operational improvements across existing facilities.

Historical Stock Returns for Fortis Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
-3.08%-7.38%+4.12%-5.83%+34.93%+403.13%

Fortis Healthcare Schedules Board Meeting and Conference Call for Q3FY26 Results

2 min read     Updated on 06 Feb 2026, 01:45 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Fortis Healthcare Limited has announced comprehensive arrangements for Q3FY26 financial results presentation, including a board meeting on February 13, 2026, and a subsequent conference call on February 16, 2026, at 11:00 AM IST with detailed dial-in information for domestic and international participants.

31911358

*this image is generated using AI for illustrative purposes only.

Fortis Healthcare Limited has formally notified stock exchanges about comprehensive arrangements for its quarterly financial performance review. The healthcare major will present its third-quarter results to investors and stakeholders through multiple engagement channels following regulatory compliance procedures.

Board Meeting Details

The company has scheduled a Board of Directors meeting for Friday, February 13, 2026, with a specific agenda to consider and approve crucial financial documents. The meeting will focus on reviewing comprehensive financial performance across different business segments.

Meeting Parameter: Details
Date: February 13, 2026
Purpose: Consider and approve Q3FY26 unaudited financial results
Reporting Period: Quarter and period ended December 31, 2025
Results Type: Standalone and Consolidated

Conference Call Schedule

Following the board meeting, Fortis Healthcare Limited has arranged a conference call to discuss the financial results with investors and analysts. The virtual meeting will provide detailed insights into the company's quarterly and nine-month performance.

Conference Call Details: Information
Date: February 16, 2026
Time: 11:00 AM IST
Mode: Virtual Conference Call
Purpose: Discuss Q3FY26 and 9MFY26 unaudited financial results
Type: Group Call

Dial-in Information

The company has provided comprehensive dial-in details for both domestic and international participants to ensure broad accessibility for the conference call.

Participant Region: Dial-in Number Local Time
India Primary: +91 22 6280 1307 / 7115 8208 11:00 AM
UK (Toll Free): 0 808 101 1573 05:30 AM
US NY (Toll Free): 1 866 746 2133 12:30 AM
Singapore (Toll Free): 800 101 2045 01:30 PM
Hong Kong (Toll Free): 800 964 448 01:30 PM

Trading Window Restrictions

In accordance with regulatory compliance requirements, Fortis Healthcare Limited has implemented mandatory trading restrictions for company securities. The trading window closure ensures fair market practices during the financial results announcement period.

Trading Window Details: Information
Status: Closed
Duration: Until 48 hours after results announcement
Closure End Date: February 15, 2026
Reference Letter: FHL/SEC/2025-26 dated December 22, 2025

Regulatory Compliance

The board meeting and conference call notifications have been issued in strict compliance with Securities and Exchange Board of India regulations. The company has fulfilled its disclosure obligations under multiple regulatory frameworks to ensure transparency in corporate governance. The notifications were filed under Regulation 29, 30, and 50 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Fortis Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
-3.08%-7.38%+4.12%-5.83%+34.93%+403.13%

More News on Fortis Healthcare

1 Year Returns:+34.93%