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Manipal Health Enterprises Ltd

Q1 FY27Healthcare Services

Manipal Health Enterprises Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹735
Market cap₹94.4K Cr
P/E106.6
Updated18 Sept 2026
Read4 min read

What the Q1 FY27 call signalled

4 of 5 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned
Order bookOrder book rising

The short version

Future growth expectations for Manipal Health Enterprises Limited: - Continued ramp-up of greenfield hospitals: 3 new facilities in Bengaluru, plus upcoming expansions in Raipur (end of fiscal year), Juhu (Mumbai), and Wakad (Pune). Revenue growth driven mainly by volume growth, with inpatient volumes up 39% and outpatient volumes up 26% in Q1 FY27.

From Manipal Health Enterprises Ltd's Q1 FY27 earnings-call transcript · updated 18 Sept 2026.

Revenue & Sales Performance

Good growth
Future growth expectations for Manipal Health Enterprises Limited: - Continued ramp-up of greenfield hospitals: 3 new facilities in Bengaluru, plus upcoming expansions in Raipur (end of fiscal year), Juhu (Mumbai), and Wakad (Pune). - Bed capacity to increase significantly with over 13,000 beds currently, and additional 1,000+ to 2,000+ beds coming online soon. - Volume-led growth with inpatient (IP) volumes up 39% and outpatient (OP) volumes up 26% year-on-year. - Occupancy improvements (currently ~65%) with headroom to grow further. - Specialty focus on Centres of Excellence with high-acuity specialties contributing 65% of revenue and IP revenues up 45%. - Expansion into oncology and advanced specialty services across key locations. - Leveraging digital revenue streams, which contribute 23% of overall revenue.

2 more points from Manipal Health Enterprises Ltd's call on revenue

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Profitability & Margins

See what Manipal Health Enterprises Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • INR 4,000 crores capex planned over next 3-4 years to add approximately 3,000 beds, including greenfield and brownfield projects.
  • INR 2,000 crores expected capex for the current fiscal year, with about INR 900 crores already spent in Q1 to front-load investments.
  • Upcoming greenfield hospitals:
  • Three commissioned in Bengaluru in last 10 months (including Electronic City facility added in July - 50th hospital).
  • Raipur greenfield expected by end of current fiscal year (Q4 FY27).
  • Juhu in Mumbai and Wakad in Pune to follow post Raipur.
  • Acquisition of Kinder Hospital (100 beds in Whitefield, Bangalore) being integrated and reconfigured to strengthen multispecialty services.

2 more points from Manipal Health Enterprises Ltd's call on capex

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Top-ranked in Healthcare Services

Ranked on what management guided this quarter

Guidance-ranked
1Health X Platform
Rev 1Mar 1
2Chandan Healthca
Rev 1Mar 3
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Manipal Health Enterprises Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
Key growth drivers and capacity expansion plans indicate a strong pipeline of projects and investments: - Multiple greenfield projects commissioned recently in Bengaluru, Raipur (expected end of fiscal), Juhu in Mumbai, and Wakad in Pune upcoming. - Bed capacity expansion of over 1,000 beds planned in FY27, including Nashik (103 beds), Electronic City Bengaluru (~300 beds), Raipur, and additional capacity like Kinder hospital acquisition.

2 more points from Manipal Health Enterprises Ltd's call on order book

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Manipal Health Enterprises Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹3.1K Cr, net profit ₹243 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Manipal Health Enterprises Ltd Q1 FY27 results?

Future growth expectations for Manipal Health Enterprises Limited: - Continued ramp-up of greenfield hospitals: 3 new facilities in Bengaluru, plus upcoming expansions in Raipur (end of fiscal year), Juhu (Mumbai), and Wakad (Pune). Revenue growth driven mainly by volume growth, with inpatient volumes up 39% and outpatient volumes up 26% in Q1 FY27.

What is Manipal Health Enterprises Ltd share price analysis?

Manipal Health Enterprises Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 106.6 with a market cap of ₹94,359 Cr. Investors should review the full earnings analysis for detailed insights.

Is Manipal Health Enterprises Ltd planning capital expenditure?

INR 4,000 crores capex planned over next 3-4 years to add approximately 3,000 beds, including greenfield and brownfield projects.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.