---
title: "Manipal Health Enterprises Ltd (MANIPALHOS) — Share Price, Financials & Analysis"
symbol: "MANIPALHOS"
company: "Manipal Health Enterprises Ltd"
canonical: "https://tapetide.com/stocks/MANIPALHOS"
isin: "INE459N01021"
nse_symbol: "MANIPALHOS"
bse_code: "544847"
sector: "Healthcare"
industry: "Healthcare Services"
market_cap_cr: 95003.12
generated_at: "2026-09-13T18:47:33.581Z"
---

# Manipal Health Enterprises Ltd (MANIPALHOS)

Canonical page: https://tapetide.com/stocks/MANIPALHOS

## Company

- **NSE Symbol:** MANIPALHOS
- **BSE Code:** 544847
- **ISIN:** INE459N01021
- **Sector:** Healthcare
- **Industry:** Healthcare Services
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-05
- **Face Value:** ₹2
- **F&O Eligible:** No

## About

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]

## Latest Price

- **Price:** ₹717.35
- **Change:** -15.9 (-2.17%)
- **Open:** ₹732.05
- **Day High:** ₹733.5
- **Day Low:** ₹714.4
- **Previous Close:** ₹733.25
- **Volume:** 725068
- **As Of:** 2026-09-11T10:20:35+00:00

## Key Fundamentals

Observed at 2026-09-11T04:37:45.193758Z.

- **Market Cap:** ₹95003.12 Cr
- **Classification:** Midcap
- **P/E (reported):** 106.4
- **Book Value:** ₹124.89
- **Price to Book:** 5.87
- **Dividend Yield:** 0%
- **ROE:** 10.42%
- **ROCE:** 9.5%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹10520.5 Cr
- **Net Income:** ₹916.5 Cr
- **EBITDA:** ₹2795.9 Cr
- **52-Week High:** ₹815
- **52-Week Low:** ₹590
- **RSI (14):** 55.92

## Key Insights

### Strengths

- Company has delivered good profit growth of 26.0% CAGR over last 5 years

### Weaknesses

- Company has a low return on equity of 10.2% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 32.4% | 49.68% | 158.34% |
| ebitda margin growth | 10.85% | -1.08% | -6.28% | 7.61% |
| net income growth | 30.51% | -15.27% | 19% | 26% |
| revenue growth | 8.48% | 25.8% | 14% | 21% |
| roce | 14.13% | -33.52% | -27.48% | 13.59% |
| roe | 30.5% | -42.21% | 13.83% | -44.57% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 818 | 967 | 1048 |
| Expenses | 595 | 744 | 798 |
| Operating Profit | 223 | 223 | 250 |
| OPM % | 27 | 23 | 24 |
| Other Income | 35 | 15 | 27 |
| Interest | 43 | 58 | 62 |
| Depreciation | 47 | 61 | 64 |
| Profit before tax | 168 | 118 | 152 |
| Tax % | 25 | 22 | 24 |
| Net Profit | 126 | 92 | 116 |
| EPS in Rs | 1.09 | 0.78 | 0.98 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 1407 | 2120 | 2408 | 2707 | 3104 | 3584 |
| Expenses | 1108 | 1648 | 1736 | 1912 | 2258 | 2690 |
| Operating Profit | 299 | 471 | 673 | 795 | 846 | 894 |
| OPM % | 21 | 22 | 28 | 29 | 27 | 25 |
| Other Income | -16 | 176 | -77 | 18 | 101 | 96 |
| Interest | 151 | 185 | 172 | 168 | 149 | 203 |
| Depreciation | 128 | 125 | 139 | 139 | 149 | 223 |
| Profit before tax | 4 | 336 | 285 | 505 | 649 | 564 |
| Tax % | 511 | 22 | 32 | 33 | 17 | 24 |
| Net Profit | -16 | 264 | 194 | 336 | 535 | 430 |
| EPS in Rs | -2.39 | 34.87 | 25.7 | 44.47 | 13.89 | 3.64 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 69 | 76 | 76 | 76 | 77 | — |
| Reserves | 1701 | 3100 | 3300 | 3822 | 5138 | — |
| Borrowings | 1073 | 1199 | 1301 | 1642 | 2516 | — |
| Other Liabilities | 907 | 1364 | 953 | 675 | 639 | — |
| Total Liabilities | 3749 | 5738 | 5629 | 6215 | 8369 | — |
| Fixed Assets | 1573 | 1541 | 1544 | 1589 | 1652 | — |
| CWIP | 381 | 388 | 374 | 378 | 1306 | — |
| Investments | 1115 | 2937 | 3202 | 3391 | 4636 | — |
| Other Assets | 681 | 871 | 509 | 858 | 776 | — |
| Total Assets | 3749 | 5738 | 5629 | 6215 | 8369 | — |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 390 | 375 | 616 | 624 | 644 | — |
| Cash from Investing Activity | -213 | -1465 | -511 | -405 | -1852 | — |
| Cash from Financing Activity | -198 | 1095 | -97 | -19 | 1107 | — |
| Net Cash Flow | -21 | 5 | 8 | 199 | -100 | — |
| Free Cash Flow | 316 | 308 | 476 | 481 | -59 | — |
| CFO/OP | 107 | 91 | 110 | 98 | 94 | — |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 22 | 27 | 19 | 18 | 22 | — |
| Inventory Days | 16 | 24 | 12 | 21 | 17 | — |
| Days Payable | 410 | 245 | 333 | 297 | 247 | — |
| Cash Conversion Cycle | -373 | -193 | -302 | -258 | -208 | — |
| Working Capital Days | -103 | -170 | -71 | -66 | -55 | — |
| ROCE % | — | 11 | 13 | 14 | 12 | — |

## Shareholding Pattern

### Quarterly

| Category | Mar 2026 |
| --- | --- |
| Promoters | 81.43% |
| FIIs | 0% |
| DIIs | 0% |
| Government | 0% |
| Public | 0% |
| Others | 18.57% |
| No. of Shareholders | 14 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 1 / 13 / 5

### Moving Averages — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 729.76 | Sell |
| EMA (10) | 729.92 | Sell |
| SMA (20) | 739.91 | Sell |
| EMA (20) | 724.17 | Sell |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.2 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 22.64 | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | -86.42 | Buy |
| ATR (14) | 28.38 | High Volatility |
| ROC (12) | -9.77 | Sell |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 3 | 75% |
| Hold | 1 | 25% |
| Sell | 0 | 0% |

Based on 4 analyst ratings, observed at 2026-09-11T04:37:47.447933+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69701619-08cb-400f-8757-baac382cf902.pdf) |
| 2026-09-04 | [Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5407B981_6FD5_43BB_A0D0_01E0E7FB0C03_102746.pdf) |
| 2026-09-04 | [Notice Convening The 16Th Annual General Meeting Along With Annual Report For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5caa8bfd-840d-4864-9333-635954274805.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6baa571b-6757-46e1-b598-e4cfffe67810.pdf) |
| 2026-09-04 | [Communication To The Shareholders On Weblink Of Notice Of 16Th Annual General Meeting And Annual Report For The Financial Year 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13448c4e-ddc7-41de-949b-e21de3c27f29.pdf) |
| 2026-09-04 | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations 2011.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F64BA983_355E_48E5_A007_B3B7CE2F4FAE_101347.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f29053e5-8c76-44d0-8aec-5797ed6984a0.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=adf2f67e-ec17-4a77-9026-0807e8b23e8d.pdf) |
| 2026-08-20 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On August 20 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c817dc6b-658c-4cae-b58f-056b185297a2.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45674301-f507-4057-8016-d4c60e08b7c9.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88cd2e13-6e03-4f81-9e99-45ca2102afc2.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff22a042-acd9-4963-ba5a-b4907fec6fa7.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-20 | [Outcome Of The Board Meeting Held On August 20 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5de90e5-cf18-4d98-bfa1-5c11b2d03b28.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8a9f736-91cc-42eb-94de-e342529515ae.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:33.581Z.