Manipal Health Enterprises Key Ratios
NSE: MANIPALHOS | BSE: 544847
₹725.20
As on 04-Sep-2026 15:59IST
Market cap
₹95,990 Cr
Revenue (TTM)
₹10,336 Cr
P/E Ratio
107.6
P/B Ratio
5.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | 38.12 | 25.40 | 29.08 | 41.64 |
| EBIT | -- | 23.22 | 22.03 | 27.63 | 67.36 |
| Net Profit | -- | -7.86 | -15.27 | 28.79 | 57.88 |
| EPS | -- | -9.34 | -83.59 | 26.16 | 50.58 |
| Book Value | -- | -- | -71.81 | 35.62 | 45.14 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 22.77 | 18.84 | 18.69 | 19.20 | 20.78 |
| Net Margin
| 12.19 | 10.45 | 8.71 | 12.88 | 8.51 |
| Return on equity
| 9.01 | 18.37 | 12.95 | 22.03 | 14.74 |
| Return on Capital
| 12.27 | 18.90 | 13.93 | 18.89 | 17.98 |
| Return on Assets
| 5.48 | 6.92 | 4.75 | 8.78 | 5.76 |
| Debt to Equity (x)
| -- | -- | 1.23 | 0.82 | 0.98 |
Profitability
ROCE
13.93
Lower than Peers by 2.24
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
13.93
|
18.89
|
17.98
|
17.99
|
25.71
|
|
Peer Median
|
16.17
|
19.08
|
17.78
|
15.96
|
--
|
ROE
12.95
Lower than Peers by 1.28
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
12.95
|
22.03
|
14.74
|
14.28
|
27.88
|
|
Peer Median
|
14.22
|
14.26
|
17.43
|
16.41
|
--
|
ROA
4.75
Lower than Peers by 3.82
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
4.75
|
8.78
|
5.76
|
5.68
|
9.62
|
|
Peer Median
|
8.57
|
9.57
|
8.31
|
7.08
|
--
|
EBIT Margin
18.69
Higher than Peers by 2.78
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
18.69
|
19.20
|
20.78
|
19.33
|
16.19
|
|
Peer Median
|
15.91
|
17.87
|
18.12
|
12.75
|
--
|
Net Margin
8.71
Lower than Peers by 2.15
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
8.71
|
12.88
|
8.51
|
8.77
|
13.39
|
|
Peer Median
|
10.86
|
9.83
|
9.95
|
9.16
|
--
|
Cash Profit Margin
15.44
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
15.44
|
19.27
|
15.07
|
15.49
|
20.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.40
Higher than Peers by 7.61
Year on year growth in net sales
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
25.40
|
33.55
|
28.42
|
20.90
|
119.23
|
|
Peer Median
|
17.79
|
16.25
|
16.01
|
16.23
|
--
|
EBIT Growth
22.03
Lower than Peers by 1.18
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
22.03
|
23.43
|
38.04
|
44.33
|
337.59
|
|
Peer Median
|
23.21
|
19.31
|
20.43
|
18.62
|
--
|
Net Profit Growth
-15.27
Lower than Peers by 40.11
Year on year growth in profit after tax
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
-15.27
|
102.86
|
24.28
|
-21.52
|
565.87
|
|
Peer Median
|
24.84
|
17.42
|
25.57
|
23.10
|
--
|
EPS Growth
-83.59
Lower than Peers by 105.63
Year on year growth in earnings per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
-83.59
|
779.64
|
39.08
|
-21.14
|
462.57
|
|
Peer Median
|
22.04
|
16.25
|
--
|
50.00
|
--
|
Book Value Growth
43.84
--
Year on year growth in book value per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
43.84
|
44.67
|
24.66
|
15.39
|
146.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.23
Higher than Peers by 0.95
Total debt / Net worth
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
1.23
|
0.82
|
0.98
|
0.67
|
0.71
|
|
Peer Median
|
0.28
|
0.31
|
0.39
|
0.37
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
--
|
--
|
--
|
0.06
|
0.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.22
Lower than Peers by 0.05
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
1.22
|
1.59
|
1.24
|
1.31
|
0.78
|
|
Peer Median
|
1.27
|
1.37
|
1.58
|
1.32
|
--
|
Quick Ratio
1.17
Lower than Peers by 0.57
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
1.17
|
1.51
|
1.18
|
1.26
|
0.73
|
|
Peer Median
|
1.74
|
2.06
|
1.03
|
1.32
|
--
|
Interest Coverage
2.36
Lower than Peers by 3.51
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
2.36
|
3.43
|
2.64
|
2.78
|
2.96
|
|
Peer Median
|
5.88
|
7.55
|
5.83
|
5.17
|
--
|
Operating Efficiency
Debtors to sales
9.00
Lower than Peers by 0.06
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
9.00
|
7.73
|
7.44
|
6.44
|
7.49
|
|
Peer Median
|
9.05
|
9.95
|
8.40
|
10.55
|
--
|
Asset Turnover
0.54
Lower than Peers by 0.19
Sales / Average Total Assets
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
0.54
|
0.67
|
0.67
|
0.64
|
0.70
|
|
Peer Median
|
0.72
|
0.72
|
0.80
|
0.85
|
--
|
Receivable days
27.67
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
27.67
|
24.27
|
22.72
|
23.06
|
19.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
5.33
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
5.33
|
5.21
|
4.92
|
5.33
|
4.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
223.46
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
223.46
|
245.19
|
276.71
|
264.73
|
200.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
-190.46
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
-190.46
|
-215.71
|
-249.07
|
-236.34
|
-176.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
50.73
|
52.13
|
48.04
|
41.51
|
--
|
Price / Book Value
--
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.35
|
6.84
|
6.39
|
3.37
|
--
|
EV/EBITDA
3.65
Lower than Peers by 38.07
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
3.65
|
2.01
|
2.05
|
1.55
|
1.87
|
|
Peer Median
|
41.71
|
45.21
|
41.01
|
32.71
|
--
|
Market Cap
--
--
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Manipal Health Enterprises
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10,004
|
10,071
|
5,273
|
7,513
|
--
|