Case study

FORTIS

Fortis Healthcare Limited

Tread carefully1y model +10.1%

Each stock's 10,000-path forecast, rendered as light.

41Score

Fortis Healthcare Limited (FORTIS) Stock Analysis & Case Study

Is FORTIS a good buy? The data-driven verdict.

Fortis Healthcare Limited (FORTIS) trades at ₹955,on the numbers it tread carefully, a Downstox Snapshot Score of 41/100.

On the numbers, Fortis Healthcare Limited (FORTIS) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 67.6× earnings, ROE of 11.2%, a 63% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

FORTIS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹72,110 Cr
Current price
₹955
P/E ratio
67.6×
P/B ratio
7.29×
Book value
₹131
Dividend yield
0.10%
ROCE
13.4%
ROE
11.2%
Piotroski F-Score
6/8

How FORTIS ranks against the 2,373 companies in our screener

Is FORTIS overvalued? FORTIS P/E vs peers

FORTIS trades at 67.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

FORTIS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of FORTIS history (17%/yr drift, 29%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
FORTIS 2027₹721₹1,051₹1,533+10%
FORTIS 2028₹689₹1,157₹1,942+21%
FORTIS 2029₹667₹1,274₹2,433+33%
FORTIS 2030₹665₹1,402₹2,954+47%
FORTIS 2031₹672₹1,543₹3,543+62%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability FORTIS goes up, or doubles?

63%
Higher in 1 year
Modelled chance the price is above today in 12 months
77%
Higher in 5 years
Modelled chance the price is above today in 5 years
37%
Doubles in 5 years
Modelled chance of reaching ₹1,910 within 5 years

The bull case for FORTIS

  • A 10,000-path probability model puts a 63% chance the price is higher in a year, with a median target of ₹1,051 (+10%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,433.

The bear case & risks

  • FORTIS's P/E of 67.6x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • FORTIS's return on equity of 11.2% ranks in the 56th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹667.

FORTIS volatility & expected range, how bumpy is the ride?

Over the last 9.8 years FORTIS compounded at 17%/year with annualized volatility of 29%. That volatility implies a 1-year 80% range of ₹721-₹1,533, the honest backbone behind any single price target.

FORTIS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
10.1%
80% range₹721-₹1,533
P(price ↑)63%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
33.3%
80% range₹667-₹2,433
P(price ↑)71%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
61.5%
80% range₹672-₹3,543
P(price ↑)77%
P(price 2×)37%

FORTIS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
FORTIS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds FORTIS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the FORTIS price target & forecast page.

FORTIS Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. FORTIS scores 6/8, mixed financial health.

FORTIS MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy FORTIS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox24.69%4.1×
Zerodha24.10%4.1×
Groww24.07%4.2×
Dhan23.00%4.3×
Kotak NeoCHEAPEST21.19%4.7×
Paytm Money21.41%4.7×
Pocketful28.50%3.5×
Anand Rathi28.29%3.5×
Bajaj Broking23.00%4.3×
Share India28.26%3.5×

Compare every broker on the FORTIS MTF page.

About Fortis Healthcare Limited: sector, index & market-cap context

Fortis Healthcare Limited (FORTIS) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹72,110 Cr. See more stocks on our screener.

How the FORTIS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Fortis Healthcare Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

FORTIS analysis, FAQs

Is Fortis Healthcare Limited (FORTIS) a good buy?

On the numbers, Fortis Healthcare Limited (FORTIS) tread carefully, a Downstox Snapshot Score of 41/100, weighing expensive at 67.6× earnings, ROE of 11.2%, a 63% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is FORTIS overvalued or undervalued?

FORTIS trades at 67.6× earnings, expensive versus the ~22× long-run Nifty average.

What is the FORTIS share price target for 2031?

FORTIS's probability-weighted 2031 median target is ₹1,543, with an 80% range of ₹672-₹3,543 (10,000-path Monte-Carlo).

What is the probability FORTIS doubles in 5 years?

The modelled probability of FORTIS reaching ₹1,910 (2×) within 5 years is 37%.

What is the bull case for FORTIS?

A 10,000-path probability model puts a 63% chance the price is higher in a year, with a median target of ₹1,051 (+10%).

What are the risks in FORTIS?

FORTIS's P/E of 67.6x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. FORTIS's return on equity of 11.2% ranks in the 56th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on FORTIS