*Fortis Healthcare Ltd.* | *CMP* Rs. 257 | *M Cap* Rs. 19402 Cr | *52 W H/L* 304/126
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 1462.5 Cr (3.7% QoQ, 47% YoY) vs expectation of Rs. 1315.8 Cr, QoQ Rs. 1410.3 Cr, YoY Rs. 994.7 Cr
EBIDTA came at Rs. 284.4 Cr (3.3% QoQ, 137% YoY) vs expectation of Rs. 204.5 Cr, QoQ Rs. 275.3 Cr, YoY Rs. 120 Cr
EBITDA Margin came at 19.4% vs expectation of 15.5%, QoQ 19.5%, YoY 12.1%
Adj. PAT came at Rs. 130.3 Cr vs expectation of Rs. 66.5 Cr, QoQ Rs. -42.6 Cr, YoY Rs. -4.5 Cr
Quarter EPS is Rs. 1.7
Share is trading at P/E of 39.2x FY23E EPS