External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Robust Revenue Growth &amp; Resilient Margin Outlook: Fortis delivered strong operational performance in Q1FY27, with consolidated revenue rising 17.5% YoY to Rs 2,545 Cr, driven by 19% growth in hospital revenue to Rs 2,187 Cr.</li><li>Consolidated operating EBITDA (pre-ESOP) grew 15.8% YoY to Rs 568 Cr, with the EBITDA margin at 22.3%.</li><li>Despite the short-term impact of ESOP costs of ~Rs 40 Cr per quarter in FY27, management reiterated its long-term target of achieving a 25% EBITDA margin by FY28, inclusive of ESOP costs.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Robust Revenue Growth &amp; Resilient Margin Outlook: Fortis delivered strong operational performance in Q1FY27, with consolidated revenue rising 17.5% YoY to Rs 2,545 Cr, driven by 19% growth in hospital revenue to Rs 2,187 Cr.Consolidated operating EBITDA (pre-ESOP) grew 15.8% YoY to Rs 568 Cr, with the EBITDA margin at 22.3%.Despite the short-term impact of ESOP costs of ~Rs 40 Cr per quarter in FY27, management reiterated its long-term target of achieving a 25% EBITDA margin by FY28, inclusive of ESOP costs.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fortis Healthcare Ltd - Strong Growth; Unit Turnarounds On Track