Manipal Health Enterprises Ltd.

•

₹ 715.3-1.25%

2026-08-21

manipalhospitals.comBSE: -NSE: MANIPALHOS

Market Cap₹ 97,936 Cr.

Current Price₹ 724

High / Low₹ 754 / 625

Stock P/E0.0

Book Value₹ 114

Price to Book6.36

Dividend Yield0.00 %

ROCE13.0 %

ROE11.8 %

Face Value₹ 2

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ABOUT

KEY POINTS

PROS

Company has delivered good profit growth of 41.5% CAGR over last 5 years
Promoters have been increasing their shareholding - up 13.3pp over 2 years
Operating margins have improved to 27.2% from 22.2%
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.77x)
Institutional investors have been accumulating - FII+DII up 8.9pp
Company generates healthy free cash flow

CONS

Receivables are growing faster than sales - a possible quality concern
Company has a low return on equity of 9.0% over last 3 years
Total debt has risen sharply - up 39.3% year on year
Recurring exceptional / one-off items are inflating headline profit
Though reporting repeated profits, the company pays out little dividend (0.0%)
Growth is decelerating - 3Y profit CAGR (26.6%) trails the 5Y trend (41.5%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

HealthcareHospital & Healthcare Services

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	APOLLOHOSP	8799.00	60.55	126516.12	0.23	610.40	38.41	7043.50	20.56	21.73	15.70
2.	MANIPALHOS	744.55	109.75	97936.41	0.00	—	—	—	—	13.93	—
3.	MAXHEALTH	996.45	66.57	96982.14	0.20	322.96	4.87	2366.17	16.70	14.97	25.29
4.	ASTERDM	800.70	219.01	69794.81	0.00	29.28	-68.70	1310.68	21.60	11.46	19.53
5.	FORTIS	910.80	65.62	68761.59	0.11	272.80	2.26	2545.03	17.46	14.07	21.28
6.	MEDANTA	1419.05	68.60	38154.25	0.04	157.25	-1.09	1304.05	26.50	20.50	21.99
7.	NH	1782.70	44.64	36431.40	0.25	207.27	5.37	2683.63	78.05	16.20	17.43
8.	KIMS	788.60	162.12	33121.71	0.00	37.40	-56.00	1179.50	35.33	11.51	19.03
9.	LALPATHLAB	1886.80	58.44	31669.72	1.09	1705.00	1172.39	7977.00	1090.95	29.56	31.03
10.	AGARWALEYE	499.70	106.77	15841.80	0.00	55.02	44.56	614.02	25.97	14.32	27.75
11.	VIJAYA	1489.70	81.84	15343.57	0.13	53.10	37.61	230.98	22.83	30.27	42.66
12.	RAINBOW	1461.10	52.00	14839.90	0.24	62.54	16.23	469.99	33.17	28.25	28.65

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	1,093	1,242	1,297	1,436	1,672	1,407	2,120	2,408	2,707	3,104
	915	1,030	1,065	1,150	1,271	1,108	1,648	1,736	1,926	2,259
Operating Profit	245	267	274	330	452	371	588	738	876	947
OPM %	22	21	21	23	27	26	28	31	32	30
Other Income	66	55	41	43	51	72	117	65	94	101
Interest	66	136	136	132	157	151	185	172	168	149
Depreciation	86	111	121	133	123	128	125	139	139	149
	86	20	-5	58	137	4	336	285	505	649
Tax %	36	-72	435	50	31	511	22	32	33	17
Net Profit	55	34	16	29	94	-16	264	194	336	535
EPS	9	5	2	4	14	-2	35	26	44	69
Dividend Payout %	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	1	0	0	0	1	-0	2	2	3	23
Minority Interest	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	1	0	0	0	1	-0	2	2	3	23

Mar 2016

: 1,093
: 915
Operating Profit: 245
OPM %: 22
Other Income: 66
Interest: 66
Depreciation: 86
: 86
Tax %: 36
Net Profit: 55
EPS: 9
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2017

: 1,242
: 1,030
Operating Profit: 267
OPM %: 21
Other Income: 55
Interest: 136
Depreciation: 111
: 20
Tax %: -72
Net Profit: 34
EPS: 5
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2018

: 1,297
: 1,065
Operating Profit: 274
OPM %: 21
Other Income: 41
Interest: 136
Depreciation: 121
: -5
Tax %: 435
Net Profit: 16
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2019

: 1,436
: 1,150
Operating Profit: 330
OPM %: 23
Other Income: 43
Interest: 132
Depreciation: 133
: 58
Tax %: 50
Net Profit: 29
EPS: 4
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 0

Mar 2020

: 1,672
: 1,271
Operating Profit: 452
OPM %: 27
Other Income: 51
Interest: 157
Depreciation: 123
: 137
Tax %: 31
Net Profit: 94
EPS: 14
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 1

Mar 2021

: 1,407
: 1,108
Operating Profit: 371
OPM %: 26
Other Income: 72
Interest: 151
Depreciation: 128
: 4
Tax %: 511
Net Profit: -16
EPS: -2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -0

Mar 2022

: 2,120
: 1,648
Operating Profit: 588
OPM %: 28
Other Income: 117
Interest: 185
Depreciation: 125
: 336
Tax %: 22
Net Profit: 264
EPS: 35
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2023

: 2,408
: 1,736
Operating Profit: 738
OPM %: 31
Other Income: 65
Interest: 172
Depreciation: 139
: 285
Tax %: 32
Net Profit: 194
EPS: 26
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2024

: 2,707
: 1,926
Operating Profit: 876
OPM %: 32
Other Income: 94
Interest: 168
Depreciation: 139
: 505
Tax %: 33
Net Profit: 336
EPS: 44
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2025

: 3,104
: 2,259
Operating Profit: 947
OPM %: 30
Other Income: 101
Interest: 149
Depreciation: 149
: 649
Tax %: 17
Net Profit: 535
EPS: 69
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 23
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 23

COMPOUNDED SALES GROWTH

10 Years:: 13%
5 Years:: 13%
3 Years:: 14%

COMPOUNDED PROFIT GROWTH

10 Years:: 75%
5 Years:: 42%
3 Years:: 27%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: 5%
5 Years:: 7%
3 Years:: 9%
Last Year:: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	60	69	69	69	69	69	76	76	76	77
	1,478	1,566	1,583	1,612	1,707	1,691	3,083	3,279	3,822	5,104
	41	29	2	0	0	98	312	137	0	0
Trade Payables	74	108	170	238	261	358	378	457	433	412
	775	1,247	1,341	1,389	1,712	1,534	1,889	1,681	1,884	2,777
Total Liabilities	2,429	3,019	3,165	3,308	3,748	3,749	5,738	5,629	6,215	8,369
ASSETS	-	-	-	-	-	-	-	-	-	-
	1,308	1,676	1,665	1,634	1,949	1,573	1,541	1,544	1,589	1,652
Capital Work in Progress	49	42	37	52	85	12	21	27	20	583
	646	893	954	964	1,030	1,115	2,937	3,202	3,391	4,636
	31	33	26	26	27	14	37	16	31	28
	94	107	108	118	96	85	158	128	133	191
Cash & Bank	8	20	19	54	38	16	20	29	228	150
	292	249	356	460	524	936	1,022	684	824	1,131
Total Assets	2,429	3,019	3,165	3,308	3,748	3,749	5,738	5,629	6,215	8,369
Total Debt	615	1,082	1,139	1,163	1,126	1,073	1,182	1,281	1,311	1,827
Net Working Capital	623	463	354	202	-25	225	-657	194	585	756
Contingent Liabilities	356	318	605	742	861	884	1,072	980	74	83
Book Value per Share	254.42	238.02	240.45	244.73	258.47	256.11	417.67	443.52	515.38	672.29
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	615	1,082	1,139	1,163	1,126	1,073	1,182	1,281	1,311	1,827
Net Working Capital	623	463	354	202	-25	225	-657	194	585	756
Contingent Liabilities	356	318	605	742	861	884	1,072	980	74	83
Book Value per Share	254.42	238.02	240.45	244.73	258.47	256.11	417.67	443.52	515.38	672.29
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2016

Equity Capital: 60
: 1,478
: 41
Trade Payables: 74
: 775
Total Liabilities: 2,429
: 1,308
Capital Work in Progress: 49
: 646
: 31
: 94
Cash & Bank: 8
: 292
Total Assets: 2,429
Total Debt: 615
Net Working Capital: 623
Contingent Liabilities: 356
Book Value per Share: 254.42
Face Value: 10.00
Total Debt: 615
Net Working Capital: 623
Contingent Liabilities: 356
Book Value per Share: 254.42
Face Value: 10.00

Mar 2017

Equity Capital: 69
: 1,566
: 29
Trade Payables: 108
: 1,247
Total Liabilities: 3,019
: 1,676
Capital Work in Progress: 42
: 893
: 33
: 107
Cash & Bank: 20
: 249
Total Assets: 3,019
Total Debt: 1,082
Net Working Capital: 463
Contingent Liabilities: 318
Book Value per Share: 238.02
Face Value: 10.00
Total Debt: 1,082
Net Working Capital: 463
Contingent Liabilities: 318
Book Value per Share: 238.02
Face Value: 10.00

Mar 2018

Equity Capital: 69
: 1,583
: 2
Trade Payables: 170
: 1,341
Total Liabilities: 3,165
: 1,665
Capital Work in Progress: 37
: 954
: 26
: 108
Cash & Bank: 19
: 356
Total Assets: 3,165
Total Debt: 1,139
Net Working Capital: 354
Contingent Liabilities: 605
Book Value per Share: 240.45
Face Value: 10.00
Total Debt: 1,139
Net Working Capital: 354
Contingent Liabilities: 605
Book Value per Share: 240.45
Face Value: 10.00

Mar 2019

Equity Capital: 69
: 1,612
: 0
Trade Payables: 238
: 1,389
Total Liabilities: 3,308
: 1,634
Capital Work in Progress: 52
: 964
: 26
: 118
Cash & Bank: 54
: 460
Total Assets: 3,308
Total Debt: 1,163
Net Working Capital: 202
Contingent Liabilities: 742
Book Value per Share: 244.73
Face Value: 10.00
Total Debt: 1,163
Net Working Capital: 202
Contingent Liabilities: 742
Book Value per Share: 244.73
Face Value: 10.00

Mar 2020

Equity Capital: 69
: 1,707
: 0
Trade Payables: 261
: 1,712
Total Liabilities: 3,748
: 1,949
Capital Work in Progress: 85
: 1,030
: 27
: 96
Cash & Bank: 38
: 524
Total Assets: 3,748
Total Debt: 1,126
Net Working Capital: -25
Contingent Liabilities: 861
Book Value per Share: 258.47
Face Value: 10.00
Total Debt: 1,126
Net Working Capital: -25
Contingent Liabilities: 861
Book Value per Share: 258.47
Face Value: 10.00

Mar 2021

Equity Capital: 69
: 1,691
: 98
Trade Payables: 358
: 1,534
Total Liabilities: 3,749
: 1,573
Capital Work in Progress: 12
: 1,115
: 14
: 85
Cash & Bank: 16
: 936
Total Assets: 3,749
Total Debt: 1,073
Net Working Capital: 225
Contingent Liabilities: 884
Book Value per Share: 256.11
Face Value: 10.00
Total Debt: 1,073
Net Working Capital: 225
Contingent Liabilities: 884
Book Value per Share: 256.11
Face Value: 10.00

Mar 2022

Equity Capital: 76
: 3,083
: 312
Trade Payables: 378
: 1,889
Total Liabilities: 5,738
: 1,541
Capital Work in Progress: 21
: 2,937
: 37
: 158
Cash & Bank: 20
: 1,022
Total Assets: 5,738
Total Debt: 1,182
Net Working Capital: -657
Contingent Liabilities: 1,072
Book Value per Share: 417.67
Face Value: 10.00
Total Debt: 1,182
Net Working Capital: -657
Contingent Liabilities: 1,072
Book Value per Share: 417.67
Face Value: 10.00

Mar 2023

Equity Capital: 76
: 3,279
: 137
Trade Payables: 457
: 1,681
Total Liabilities: 5,629
: 1,544
Capital Work in Progress: 27
: 3,202
: 16
: 128
Cash & Bank: 29
: 684
Total Assets: 5,629
Total Debt: 1,281
Net Working Capital: 194
Contingent Liabilities: 980
Book Value per Share: 443.52
Face Value: 10.00
Total Debt: 1,281
Net Working Capital: 194
Contingent Liabilities: 980
Book Value per Share: 443.52
Face Value: 10.00

Mar 2024

Equity Capital: 76
: 3,822
: 0
Trade Payables: 433
: 1,884
Total Liabilities: 6,215
: 1,589
Capital Work in Progress: 20
: 3,391
: 31
: 133
Cash & Bank: 228
: 824
Total Assets: 6,215
Total Debt: 1,311
Net Working Capital: 585
Contingent Liabilities: 74
Book Value per Share: 515.38
Face Value: 10.00
Total Debt: 1,311
Net Working Capital: 585
Contingent Liabilities: 74
Book Value per Share: 515.38
Face Value: 10.00

Mar 2025

Equity Capital: 77
: 5,104
: 0
Trade Payables: 412
: 2,777
Total Liabilities: 8,369
: 1,652
Capital Work in Progress: 583
: 4,636
: 28
: 191
Cash & Bank: 150
: 1,131
Total Assets: 8,369
Total Debt: 1,827
Net Working Capital: 756
Contingent Liabilities: 83
Book Value per Share: 672.29
Face Value: 10.00
Total Debt: 1,827
Net Working Capital: 756
Contingent Liabilities: 83
Book Value per Share: 672.29
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	110	231	229	321	416	390	375	616	624	644
Cash from Investing	-181	-382	-165	-178	-252	-213	-1,465	-511	-405	-1,852
Cash from Financing	57	197	-38	-107	-178	-198	1,095	-97	-19	1,107
	-14	47	26	36	-14	-21	5	8	199	-100
Free Cash Flow	-923	-186	125	204	-47	390	300	505	484	-81
OCF / Net Profit	1.99	6.83	14.04	10.99	4.41	-23.82	1.42	3.17	1.85	1.20
Cumulative 5-Year FCF	0	0	0	0	-827	486	972	1,352	1,633	1,599
OCF / Net Profit	1.99	6.83	14.04	10.99	4.41	-23.82	1.42	3.17	1.85	1.20
Cumulative 5-Year FCF	0	0	0	0	-827	486	972	1,352	1,633	1,599

Mar 2016

: 110
Cash from Investing: -181
Cash from Financing: 57
: -14
Free Cash Flow: -923
OCF / Net Profit: 1.99
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.99
Cumulative 5-Year FCF: 0

Mar 2017

: 231
Cash from Investing: -382
Cash from Financing: 197
: 47
Free Cash Flow: -186
OCF / Net Profit: 6.83
Cumulative 5-Year FCF: 0
OCF / Net Profit: 6.83
Cumulative 5-Year FCF: 0

Mar 2018

: 229
Cash from Investing: -165
Cash from Financing: -38
: 26
Free Cash Flow: 125
OCF / Net Profit: 14.04
Cumulative 5-Year FCF: 0
OCF / Net Profit: 14.04
Cumulative 5-Year FCF: 0

Mar 2019

: 321
Cash from Investing: -178
Cash from Financing: -107
: 36
Free Cash Flow: 204
OCF / Net Profit: 10.99
Cumulative 5-Year FCF: 0
OCF / Net Profit: 10.99
Cumulative 5-Year FCF: 0

Mar 2020

: 416
Cash from Investing: -252
Cash from Financing: -178
: -14
Free Cash Flow: -47
OCF / Net Profit: 4.41
Cumulative 5-Year FCF: -827
OCF / Net Profit: 4.41
Cumulative 5-Year FCF: -827

Mar 2021

: 390
Cash from Investing: -213
Cash from Financing: -198
: -21
Free Cash Flow: 390
OCF / Net Profit: -23.82
Cumulative 5-Year FCF: 486
OCF / Net Profit: -23.82
Cumulative 5-Year FCF: 486

Mar 2022

: 375
Cash from Investing: -1,465
Cash from Financing: 1,095
: 5
Free Cash Flow: 300
OCF / Net Profit: 1.42
Cumulative 5-Year FCF: 972
OCF / Net Profit: 1.42
Cumulative 5-Year FCF: 972

Mar 2023

: 616
Cash from Investing: -511
Cash from Financing: -97
: 8
Free Cash Flow: 505
OCF / Net Profit: 3.17
Cumulative 5-Year FCF: 1,352
OCF / Net Profit: 3.17
Cumulative 5-Year FCF: 1,352

Mar 2024

: 624
Cash from Investing: -405
Cash from Financing: -19
: 199
Free Cash Flow: 484
OCF / Net Profit: 1.85
Cumulative 5-Year FCF: 1,633
OCF / Net Profit: 1.85
Cumulative 5-Year FCF: 1,633

Mar 2025

: 644
Cash from Investing: -1,852
Cash from Financing: 1,107
: -100
Free Cash Flow: -81
OCF / Net Profit: 1.20
Cumulative 5-Year FCF: 1,599
OCF / Net Profit: 1.20
Cumulative 5-Year FCF: 1,599

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	9.17	4.92	2.37	4.25	13.73	-2.39	34.87	25.70	44.47	69.47
Book Value (₹)	254.42	238.02	240.45	244.73	258.47	256.11	417.67	443.52	515.38	672.29
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash EPS (₹)	1.56	1.40	1.33	1.57	2.11	1.08	3.43	2.94	4.19	29.60
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	16.35%	17.08%	17.93%	19.96%	23.99%	21.23%	22.24%	27.93%	28.86%	27.24%
Net Margin %	5.07%	2.72%	1.25%	2.03%	5.64%	-1.17%	12.44%	8.07%	12.43%	17.24%
ROE %	4.41%	2.13%	0.99%	1.75%	5.46%	-0.93%	10.72%	5.97%	9.28%	11.79%
ROCE %	8.79%	6.39%	4.74%	6.74%	10.20%	5.38%	14.48%	10.13%	13.65%	13.02%
	2.85%	1.24%	0.53%	0.90%	2.67%	-0.44%	5.56%	3.42%	5.68%	7.34%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	25	30	30	29	23	23	21	22	18	19
Inventory Days	9	9	8	7	6	5	4	4	3	3
Payable Days	86	113	169	232	255	355	238	305	305	254
	-52	-75	-131	-197	-226	-326	-213	-279	-285	-231
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.40x	0.66x	0.69x	0.69x	0.63x	0.61x	0.37x	0.38x	0.34x	0.35x
Interest Coverage (x)	2.31x	1.14x	0.96x	1.44x	1.87x	1.03x	2.81x	2.66x	4.00x	5.35x
	3.46x	2.87x	2.17x	1.52x	0.95x	1.40x	0.48x	1.27x	1.81x	2.02x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	19.38%	13.61%	4.43%	10.72%	16.43%	-15.87%	50.67%	13.62%	12.41%	14.67%
Operating Profit Growth %	110.93%	9.09%	2.53%	20.45%	37.17%	-17.93%	58.55%	25.42%	18.69%	8.11%
Net Profit Growth %	2673.00%	-39.06%	-51.83%	79.30%	223.06%	-117.38%	1709.03%	-26.31%	73.08%	59.15%
	2226.50%	-46.33%	-51.83%	79.30%	223.06%	-117.38%	1561.38%	-26.31%	73.08%	56.19%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	2.73x	4.24x	4.34x	3.57x	2.56x	3.04x	2.10x	1.80x	1.32x	1.85x

Mar 2016

EPS (₹): 9.17
Book Value (₹): 254.42
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.56
Operating Margin %: 16.35%
Net Margin %: 5.07%
ROE %: 4.41%
ROCE %: 8.79%
: 2.85%
Debtor Days: 25
Inventory Days: 9
Payable Days: 86
: -52
Debt to Equity (x): 0.40x
Interest Coverage (x): 2.31x
: 3.46x
Revenue Growth %: 19.38%
Operating Profit Growth %: 110.93%
Net Profit Growth %: 2673.00%
: 2226.50%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 2.73x

Mar 2017

EPS (₹): 4.92
Book Value (₹): 238.02
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.40
Operating Margin %: 17.08%
Net Margin %: 2.72%
ROE %: 2.13%
ROCE %: 6.39%
: 1.24%
Debtor Days: 30
Inventory Days: 9
Payable Days: 113
: -75
Debt to Equity (x): 0.66x
Interest Coverage (x): 1.14x
: 2.87x
Revenue Growth %: 13.61%
Operating Profit Growth %: 9.09%
Net Profit Growth %: -39.06%
: -46.33%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 4.24x

Mar 2018

EPS (₹): 2.37
Book Value (₹): 240.45
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.33
Operating Margin %: 17.93%
Net Margin %: 1.25%
ROE %: 0.99%
ROCE %: 4.74%
: 0.53%
Debtor Days: 30
Inventory Days: 8
Payable Days: 169
: -131
Debt to Equity (x): 0.69x
Interest Coverage (x): 0.96x
: 2.17x
Revenue Growth %: 4.43%
Operating Profit Growth %: 2.53%
Net Profit Growth %: -51.83%
: -51.83%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 4.34x

Mar 2019

EPS (₹): 4.25
Book Value (₹): 244.73
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.57
Operating Margin %: 19.96%
Net Margin %: 2.03%
ROE %: 1.75%
ROCE %: 6.74%
: 0.90%
Debtor Days: 29
Inventory Days: 7
Payable Days: 232
: -197
Debt to Equity (x): 0.69x
Interest Coverage (x): 1.44x
: 1.52x
Revenue Growth %: 10.72%
Operating Profit Growth %: 20.45%
Net Profit Growth %: 79.30%
: 79.30%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 3.57x

Mar 2020

EPS (₹): 13.73
Book Value (₹): 258.47
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.11
Operating Margin %: 23.99%
Net Margin %: 5.64%
ROE %: 5.46%
ROCE %: 10.20%
: 2.67%
Debtor Days: 23
Inventory Days: 6
Payable Days: 255
: -226
Debt to Equity (x): 0.63x
Interest Coverage (x): 1.87x
: 0.95x
Revenue Growth %: 16.43%
Operating Profit Growth %: 37.17%
Net Profit Growth %: 223.06%
: 223.06%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 2.56x

Mar 2021

EPS (₹): -2.39
Book Value (₹): 256.11
Dividend per Share (₹): 0.00
Cash EPS (₹): 1.08
Operating Margin %: 21.23%
Net Margin %: -1.17%
ROE %: -0.93%
ROCE %: 5.38%
: -0.44%
Debtor Days: 23
Inventory Days: 5
Payable Days: 355
: -326
Debt to Equity (x): 0.61x
Interest Coverage (x): 1.03x
: 1.40x
Revenue Growth %: -15.87%
Operating Profit Growth %: -17.93%
Net Profit Growth %: -117.38%
: -117.38%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 3.04x

Mar 2022

EPS (₹): 34.87
Book Value (₹): 417.67
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.43
Operating Margin %: 22.24%
Net Margin %: 12.44%
ROE %: 10.72%
ROCE %: 14.48%
: 5.56%
Debtor Days: 21
Inventory Days: 4
Payable Days: 238
: -213
Debt to Equity (x): 0.37x
Interest Coverage (x): 2.81x
: 0.48x
Revenue Growth %: 50.67%
Operating Profit Growth %: 58.55%
Net Profit Growth %: 1709.03%
: 1561.38%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 2.10x

Mar 2023

EPS (₹): 25.70
Book Value (₹): 443.52
Dividend per Share (₹): 0.00
Cash EPS (₹): 2.94
Operating Margin %: 27.93%
Net Margin %: 8.07%
ROE %: 5.97%
ROCE %: 10.13%
: 3.42%
Debtor Days: 22
Inventory Days: 4
Payable Days: 305
: -279
Debt to Equity (x): 0.38x
Interest Coverage (x): 2.66x
: 1.27x
Revenue Growth %: 13.62%
Operating Profit Growth %: 25.42%
Net Profit Growth %: -26.31%
: -26.31%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 1.80x

Mar 2024

EPS (₹): 44.47
Book Value (₹): 515.38
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.19
Operating Margin %: 28.86%
Net Margin %: 12.43%
ROE %: 9.28%
ROCE %: 13.65%
: 5.68%
Debtor Days: 18
Inventory Days: 3
Payable Days: 305
: -285
Debt to Equity (x): 0.34x
Interest Coverage (x): 4.00x
: 1.81x
Revenue Growth %: 12.41%
Operating Profit Growth %: 18.69%
Net Profit Growth %: 73.08%
: 73.08%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 1.32x

Mar 2025

EPS (₹): 69.47
Book Value (₹): 672.29
Dividend per Share (₹): 0.00
Cash EPS (₹): 29.60
Operating Margin %: 27.24%
Net Margin %: 17.24%
ROE %: 11.79%
ROCE %: 13.02%
: 7.34%
Debtor Days: 19
Inventory Days: 3
Payable Days: 254
: -231
Debt to Equity (x): 0.35x
Interest Coverage (x): 5.35x
: 2.02x
Revenue Growth %: 14.67%
Operating Profit Growth %: 8.11%
Net Profit Growth %: 59.15%
: 56.19%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 1.85x

Shareholding Pattern

Numbers in percentages

TRADES

Sep 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Aug 2026
58.77	58.77	58.77	58.77	44.92	50.40	0.00	0.00	72.08
0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.66
0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.20
0.00	0.00	0.00	0.00	8.45	0.00	0.00	0.00	0.00
1.65	41.23	41.23	41.23	46.63	49.60	100.00	100.00	18.81

Sep 2018

: 58.77
: 0.00
: 0.00
: 0.00
: 1.65

Mar 2019

: 58.77
: 0.00
: 0.00
: 0.00
: 41.23

Mar 2020

: 58.77
: 0.00
: 0.00
: 0.00
: 41.23

Mar 2021

: 58.77
: 0.00
: 0.00
: 0.00
: 41.23

Mar 2022

: 44.92
: 0.00
: 0.00
: 8.45
: 46.63

Mar 2023

: 50.40
: 0.00
: 0.00
: 0.00
: 49.60

Mar 2024

: 0.00
: 0.00
: 0.00
: 0.00
: 100.00

Mar 2025

: 0.00
: 0.00
: 0.00
: 0.00
: 100.00

Aug 2026

: 72.08
: 3.66
: 5.20
: 0.00
: 18.81

Documents

Announcements

Change in Management
2026-08-20 - Manipal Health Enterprises Limited has informed the Exchange about change in Management
Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Press Release and Investor Presentation for the Earnings Conference Call with Analysts and Investors of Manipal Health Enterprises Limited (the Company )

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.