NSEUpdates3d ago · 18 Sept 2026, 08:09 pm

Updates

Manipal Health Enterprises Limited · MANIPALHOS

✦ AI Summary▲ PositiveDebt Restruc.

Manipal Health Enterprises Limited has redeemed ₹5,310 crore of outstanding listed non-convertible debentures (NCDs) using IPO proceeds, strengthening its balance sheet and improving financial leverage.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk8/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Manipal Health Enterprises Limited has informed the Exchange regarding 'Press Release'.

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9632000477_18092026200923_Intimation_-_Press_Release.pdf

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Date: September 18, 2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C-1, Block G, 20th Floor, P.J. Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051. Mumbai - 400001. NSE Scrip Symbol: MANIPALHOS BSE Scrip Code: 544847 Subject: Press Release Dear Sir/Ma’am, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please find enclosed the Press Release titled “Manipal Hospitals redeems ₹5,310 crore NCDs using IPO proceed”. This intimation is being submitted for your information and records. Kindly take the same on record. For Manipal Health Enterprises Limited (formerly known as Manipal Health Enterprises Private Limited) Sathish K R Company Secretary and Compliance Officer Membership No.: A15203 ManipalHospitalsredeems₹5,310croreNCDsusingIPOproceeds Bengaluru,September17,2026:ManipalHealthEnterprisesLimited(ManipalHospitals) hasfullyredeemedtheoutstandinglistednon-convertibledebentures(NCDs)ofnominal value₹5,310croreissuedbyitswhollyownedsubsidiary,ManipalHospitalsPrivateLimited. TheredemptionwasundertakenusingtherelevantportionoftheIPO proceeds,in accordancewiththeobjectsoftheInitialPublicOfferingdisclosedintheProspectusdated July31,2026. TheredemptionincludestheoutstandingNCDprincipal,alongwithaccruedinterestand applicableprepayment/earlyredemptioncosts.Themovemarksakeystepinthe company'spost-listingfinancialstrategyandisexpectedtostrengthenitsbalancesheet andimprovefinancialleverage. SameerAgarwal,ChiefFinancialOfficer,ManipalHealthEnterprisesLimited,said,“Thefull redemptionof₹5,310croreofNCDsisanimportantmilestoneinourpost-listingjourney. BydeployingtheIPOproceedstowardsdebtrepaymentasplanned,wearestrengthening ourbalancesheet,reducingourinterestburdenandcreatinggreaterfinancialheadroomto supportourgrowthplans.Thisgivesusgreaterflexibilitytocontinueinvestingincapacity, technologyandtalentwhileremainingfocusedondeliveringqualityandaffordable healthcare.” Thedebtreductionisexpectedtosupportthecompany'sfocusonprofitablegrowthand operationalefficiency,whileprovidinggreaterfinancialflexibilityforitsongoingexpansion andinvestmentpriorities. TheannouncementfollowsManipalHealth’sstrongQ1FY27performance,withrevenue growing38.1%year-on-yearto₹3,091croreandEBITDArising26.4%to₹749crore.PAT stoodat₹243crore,whileadjustedPATgrew30.9%to₹332crore. TheredemptionisinlinewiththestatedobjectsoftheIPOandreflectsthecompany's focusondisciplinedcapitalallocationandstrengtheningitsfinancialpositionasitenters itsnextphaseofgrowth. AboutManipalHospitals: ManipalHospitalsisoneofIndia’sleadingintegratedhealthcareproviders,withapan-India networkof50multispecialtyhospitalsandover13,000licensedbedsacross14statesand unionterritories.Thenetworkisthecountry’slargestmultispecialtyhospitalnetworkby bedcapacity,supportedbymorethan11,000doctorsand25,000employees. Withacommitmenttoaccessible,high-quality,patient-centriccare,ManipalHospitals combinesclinicalexpertisewithadvancedtechnology,researchandinnovationtoserve over7millionpatientsannually,includingpatientsfromaroundtheworld.Itscommitment toclinicalandoperationalexcellenceisreflectedinitsNABHandAAHRPPaccreditations, withseveralhospitalsalsoaccreditedbyNABLandrecognisedforexcellenceinnursing andemergencycare.