Apollo Hospitals vs Fortis Healthcare: share price, P/E, ROE and financials compared
Apollo Hospitals Enterprise
Fortis Healthcare
Apollo Hospitals and Fortis Healthcare at a glance
Apollo Hospitals and Fortis Healthcare are both listed in Healthcare. Apollo Hospitals is the larger by market cap, at ₹1.2L Cr against ₹57,898 Cr for Fortis Healthcare (2.1 times as large). On valuation, Fortis Healthcare has the lower price-to-book (5.52× against 11.45×). On returns and margins, Apollo Hospitals has the higher ROCE (19.2% against 11.9%) and the higher ROE (22.5% against 11.1%), while Fortis Healthcare has the higher operating margin (22.4% against 15.1%). Over three years, Apollo Hospitals has faster 3-year sales growth (+14.8% against +13.3% a year) and faster 3-year profit growth (+33.3% against +20.9% a year). Fortis Healthcare carries less debt for its equity, with a debt-to-equity of 0.34× against 0.73×.
Key metrics, side by side
| Metric | Apollo HospitalsAPOLLOHOSP | Fortis HealthcareFORTIS |
|---|---|---|
| Price (₹) | 8,446.00 | 766.90 |
| Market cap (₹ Cr) | 1,21,441 | 57,898 |
| P/E | 54.0× | 55.3× |
| P/B | 11.45× | 5.52× (the lower figure, shaded) |
| Dividend yield, trailing | 0.24% (the higher figure, shaded) | 0.13% |
| ROE | 22.5% (the higher figure, shaded) | 11.1% |
| ROCE | 19.2% (the higher figure, shaded) | 11.9% |
| Operating margin (OPM) | 15.1% | 22.4% (the higher figure, shaded) |
| Net margin (NPM) | 8.1% | 11.0% (the higher figure, shaded) |
| Sales CAGR 3Y | +14.8% (the higher figure, shaded) | +13.3% |
| Profit CAGR 3Y | +33.3% (the higher figure, shaded) | +20.9% |
| Debt to equity | 0.73× | 0.34× (the lower figure, shaded) |
| Interest cover | 8.5× (the higher figure, shaded) | 5.8× |
| Net profit TTM (₹ Cr) | – | 1,048 |
| 1Y return | +7.2% (the higher figure, shaded) | −19.6% |
| Promoter holding | 28.02% | 31.17% |
Apollo Hospitals vs Fortis Healthcare: common questions
Which is bigger, Apollo Hospitals or Fortis Healthcare?
By market cap, Apollo Hospitals is bigger at ₹1.2L Cr, against ₹57,898 Cr for Fortis Healthcare (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Apollo Hospitals or Fortis Healthcare?
Apollo Hospitals trades at a P/E of 54.0× and Fortis Healthcare at 55.3×. The two are close. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Apollo Hospitals or Fortis Healthcare?
Apollo Hospitals reports a return on equity of 22.5% and Fortis Healthcare 11.1%. Apollo Hospitals has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Apollo Hospitals or Fortis Healthcare?
Over the last three years: Sales grew +14.8% a year at Apollo Hospitals and +13.3% at Fortis Healthcare, so Apollo Hospitals grew sales faster; profit grew +33.3% a year at Apollo Hospitals and +20.9% at Fortis Healthcare, so Apollo Hospitals grew profit faster. Past growth doesn’t predict future growth.