Balance sheet of Fortis Healthcare is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of Fortis Healthcare is increasing.
Latest net debt of Fortis Healthcare is ₹1,188 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹331.85 Crs.

Yes, profit is increasing.
The profit of Fortis Healthcare is ₹888 Crs for TTM, ₹774 Crs for Mar 2025 and ₹599 Crs for Mar 2024.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Fortis Healthcare latest dividend payout ratio is 9.75% and 3yr average dividend payout ratio is 11.73%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable