Manipal Health Enterprises Ltd
Incorporated in 2010, Manipal Health
Enterprises Limited is a healthcare
service providers, operating a large
network of multi-specialty hospitals,
clinics, and diagnostic centres across
the country.[1]
- Market Cap ₹ 78,881 Cr.
- Current Price ₹
- High / Low ₹ /
- Stock P/E 83.2
- Book Value ₹
- Dividend Yield %
- ROCE 17.1 %
- ROE 16.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 78.3% CAGR over last 5 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1,813 | 3,975 | 4,806 | 6,172 | 8,242 | 10,336 | |
| 1,483 | 3,054 | 3,527 | 4,489 | 6,116 | 7,725 | |
| Operating Profit | 330 | 921 | 1,279 | 1,683 | 2,127 | 2,611 |
| OPM % | 18% | 23% | 27% | 27% | 26% | 25% |
| -47 | 293 | -48 | -86 | 134 | 111 | |
| Interest | 205 | 326 | 329 | 455 | 512 | 864 |
| Depreciation | 183 | 256 | 315 | 397 | 507 | 680 |
| Profit before tax | -105 | 632 | 586 | 745 | 1,242 | 1,178 |
| Tax % | 30% | 14% | 27% | 28% | 13% | 22% |
| -138 | 542 | 429 | 533 | 1,082 | 917 | |
| EPS in Rs | ||||||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 29% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 78% |
| 3 Years: | 24% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 19% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 69 | 76 | 76 | 76 | 77 | |
| Reserves | 1,064 | 2,732 | 3,166 | 3,940 | 5,770 | |
| 1,575 | 2,017 | 2,184 | 5,130 | 6,385 | ||
| 1,316 | 2,521 | 2,337 | 1,612 | 1,658 | ||
| Total Liabilities | 4,024 | 7,346 | 7,763 | 10,757 | 13,890 | |
| 2,278 | 4,582 | 4,784 | 6,934 | 8,126 | ||
| CWIP | 412 | 1,089 | 1,033 | 1,266 | 2,314 | |
| Investments | 551 | 768 | 1,038 | 1,121 | 1,776 | |
| 784 | 907 | 908 | 1,436 | 1,675 | ||
| Total Assets | 4,024 | 7,346 | 7,763 | 10,757 | 13,890 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 426 | 805 | 1,149 | 1,389 | 1,570 | 2,078 | |
| -188 | -1,711 | -994 | -870 | -2,544 | -7,037 | |
| -280 | 941 | -144 | -250 | 904 | 4,954 | |
| Net Cash Flow | -42 | 34 | 12 | 268 | -70 | -4 |
| Free Cash Flow | 334 | 629 | 823 | 1,394 | 1,575 | 767 |
| CFO/OP | 106% | 98% | 105% | 100% | 87% | 96% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 26 | 27 | 24 | 27 | 28 | |
| Inventory Days | 20 | 28 | 23 | 30 | 29 | |
| Days Payable | 371 | 246 | 283 | 330 | 245 | |
| Cash Conversion Cycle | -325 | -190 | -236 | -273 | -188 | |
| Working Capital Days | -95 | -113 | -56 | -59 | -40 | |
| ROCE % | 18% | 19% | 19% | 16% |
Documents
Annual reports
No data available.
Business Profile:[1][2]
Manipal Health Enterprises is one of India's largest private multispecialty hospital chains, providing healthcare services across the entire continuum of care, from outpatient consultations and diagnostics to tertiary and quaternary care, organ transplantation, robotic surgery and complex interventions.