Fortis Malar Hospitals Ltd
NSE: BSE: 523696
₹54.06
(0.43%)
Wed, 11 Mar 2026, 02:43 pm
Market Cap1.01B
PE Ratio22.30
Dividend0
Company History
1989
- The Company was incorporated as a private limited company on April 13, 1989.
1993
- The company's occupation rate was 90%.
- The company's income was Rs. 273.41 lacs.
- The company's operating profit was Rs. 4.83 lacs.
1994
- The company's occupation rate was 95%.
- The company's income was Rs. 500.30 lacs.
- The company's operating profit was Rs. 83.84 lacs.
1995
- The company's occupation rate reached 100%.
- The company's income was Rs. 673.28 lacs.
- The company's operating profit was Rs. 108.83 lacs.
2004
- Dr. S. Ramamurthy, Chairman & Managing Director of the company, passed away on January 12, 2004.
2008
- Malar Hospitals Ltd appointed Mr. Sanjay Jayavarthanavelu as an Additional Director of the Company.
2010
- The company changed its name from Malar Hospitals Ltd. to Fortis Malar Hospitals Ltd.
2011
- The Company took over the Operations and Management of the 100 bedded East Coast Hospitals Ltd. in Pondicherry.
- The company appointed Dr. Lloyd Nazareth as an Additional Director on the Board of Fortis Malar Hospitals Limited.
- Fortis Malar acquired Oasis Hospitals cardiac centre.
2012
- Mr. Ashish Bhatia was inducted as a Non-executive Director on the Board of Fortis Malar Hospitals Limited.
- Mr. Raghunath P. was appointed as the Financial Controller of the Company.
- The company appointed Dr. Preetinder Singh Joshi as an Independent, Non-Executive Director.
- The company appointed Mr. Sandeep Puri as a Non-executive Director.
2013
- The Board of Directors appointed Mr. L. T. Nanwani as an additional Director, non-executive and independent.
2014
- The Board of Directors appointed Mr. Sumit Goel as the Company Secretary and Key Managerial Personnel.
- The Board of Directors approved the Constitution of the Corporate Social Responsibility Committee.
2015
- Fortis Malar Hospitals Ltd shifted its Registered Office from the State of Tamil Nadu to the National capital Territory of Delhi.
- Fortis Malar performed India's youngest pediatric heart transplant.
2016
- Fortis Malar Hospitals shifted its Registered Office to Fortis Hospital, Sector 62, Phase - VIII, Mohali, Punjab - 160062.
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