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

Yes, The debt of Fortis Healthcare is increasing.
Latest debt of Fortis Healthcare is ₹277 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹331.85 Crs.

Yes, profit is increasing.
The profit of Fortis Healthcare is ₹691 Crs for TTM, ₹599 Crs for Mar 2024 and ₹589 Crs for Mar 2023.

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 12.61% and 3yr average dividend payout ratio is 12.71%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress