ALFA Finder| Revenue growth | +37.3% YoY, Sahyadri-inclusive |
|---|---|
| Margins | EBITDA margin 26.0%, down 150bps YoY; up 180bps QoQ |
| Demand visibility | Occupancy 70.1%, up 160bps; IP volumes accelerating |
| Management confidence | Positive; cites sustained patient demand |
Growth
Revenue +37.3% YoY, H1 +37.7%. IP volumes +35.0%. ARPOB ex-Sahyadri +8.5%.
Outlook
No explicit numerical guidance. Electronic City 300-bed hospital opened; Sahyadri rebrand targeted Q4 FY27.
Risks
EBITDA margin down 150bps YoY to 26.0%. Finance costs rose to ₹300 Cr. Exceptional charges of ₹95 Cr in Q2.
Last quarter's promises, checked
Delivered
- Guided 300-bed Electronic City hospital opening in Q2 FY27 → opened in Q2 as guided (= BEAT)
- Guided net debt/EBITDA 0.9x after Q2 debt repayment → 0.10x, net debt ₹343 Cr (= BEAT)
Investor Presentation filed with NSE, NSE: MANIPALHOS. Summary written with AI assistance from the document.
Manipal Health Enterprises Ltd: key numbers
- Share price
- ₹677.05
- Market cap
- ₹89,058 Cr
- Revenue (annual)
- ₹10,336 Cr
- Net profit (annual)
- ₹892.3 Cr
- Promoter holding
- 72.08%
- FII holding
- 3.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Manipal Health Enterprises Ltd
All →Manipal Health Enterprises Other Announcement
Manipal Health Enterprises submitted CARE Ratings' monitoring agency report for the quarter ended September 30, 2026. It reports nil deviation from the IPO objects.
Manipal Health Enterprises Earnings Call Transcript: Key Takeaways
Q2 revenue ₹3,400 Cr (+37% YoY), EBITDA ₹882 Cr (+30%), 26% margin, volume-led. Eastern government-scheme volumes fell; Sayadri margin recovery is the main story. Management gave no EBITDA guidance.
Manipal Health Enterprises Q2 FY27 Results: Net Profit ₹285 Cr, Down 10.3% YoY
Manipal Health Enterprises Ltd reported revenue from operations of ₹3,399 Cr (+37.3% YoY) and net profit of ₹285 Cr (-10.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹285 Cr · -10.3% YoY
Manipal Health Enterprises Capacity Expansion
Manipal Health Enterprises executed a 29-year-11-month land lease with TIL Investments to build and operate a hospital in Gurugram. No monetary value is disclosed.
- Execution
- 29 years 11 months
Manipal Health Enterprises Board Meeting Date
Manipal Health Enterprises gave notice that its board meets on 13 November 2026 to approve the Q2 and H1 FY27 standalone and consolidated unaudited results. This is advance intimation, and the agenda is proposed only.
Manipal Health Enterprises Legal & Regulatory
Manipal Health's subsidiary received two GST orders imposing penalties totalling about Rs 4.61 Crore. The company says the orders are appealable and the impact is not material.
- Value
- ₹4.61 Cr