Fortis Healthcare Limited — Credit Ratings, 06-01-2026: Credit Rating

CRISIL Ratings reaffirmed Fortis Healthcare's ratings for its bank facilities and Non-Convertible Debentures at 'Crisil AA+/Stable/Crisil A1+'. The Stable outlook reflects a sustained strong business risk profile, increased scale of operations, and improved operating efficiency. This follows a September 2025 upgrade driven by revenue projected to cross Rs 10,000 Cr and operating margin reaching 22-25%, maintaining healthy financials despite growth plans.