Insights

Fortis Healthcare Ltd.

January 13, 2017 . Equities Desk

Fortis Healthcare Ltd. (FHL) is India’s leading integrated healthcare delivery service provider. The healthcare verticals of FHL  rimarily comprise hospitals, diagnostics and day care specialty facilities.

View & Valuvation

FHL is in a sweet spot to tap Indian healthcare‟s growth given its strong brand equity and leading position in the under-penetrated  market. We expect revenue to grow at a CAGR of 13% over FY16-FY19E. Further, we estimate EBITDA to post a robust CAGR of 52% over FY16-19E on account of lower net BT costs. We initiate with a Buy rating with a target price of Rs220 based on SoTP valuation.

Research Report Fortis Healthcare Ltd

Investments in equity shares, debentures, etc., are not obligations of, or guaranteed by Wealth India Financial Services Pvt. Ltd., and are subject to investment risks. Click here to read our full disclaimer.

 

Get FundsIndia’s articles delivered straight to your inbox!

Enter your email address to get:

  • Mutual fund recommendations from experts
  • Buy, hold or sell calls for stocks
  • Investment tips and tricks
  • All the latest news from Fundsindia.com

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.