About Manipal Hospitals (Dwarka) Private Limited
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Manipal Hospitals (Dwarka) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Manipal Health Enterprise. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 16 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2014PTC073063. Its GSTIN is 07AAJCM0499F1ZA (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹103.01 Cr and a paid-up capital of ₹2.82 Cr. It is led by directors including Pramod Alagharu (Whole-Time Director) and Hebri Sudarshan Ballal.
Its last annual general meeting (AGM) was held on 04 July 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at The Annexe #98/2 Rustom Bagh Off Hal Airport Road, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2025, the company reported a revenue of ₹543.09 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹83.05 Cr (net margin 15.3%) and EBITDA of ₹224.24 Cr (EBITDA margin 41.3%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 42% over five years.
The company has about 276 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manipal Hospitals. As per MCA filings, the company has open charges of ₹13,028 Cr and satisfied charges of ₹327.76 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2017. Its 8 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 4 larger and 4 smaller; the largest is Ganga Medical Centre and Hospitals Private Limited with revenue of ₹616.3 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manipalhospitals.com.
Company details
Contact details
Manipal Hospitals (Dwarka) Private Limited's registered office is in Bangalore, Karnataka. Its website is manipalhospitals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressThe Annexe #98/2 Rustom Bagh Off Hal Airport Road, Bangalore, Karnataka, India – 560017
- IndustryHealthcare, Hospitals
To see the full contact details of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Manipal Hospitals (Dwarka) operates one associated brand: Manipal Hospitals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multispecialty hospitals are operated as a chain in India. | manipalhospitals.com |
Business activity
The main business activity of Manipal Hospitals (Dwarka) is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Financials of Manipal Hospitals (Dwarka) Private Limited
FY 2024 filings availableManipal Hospitals (Dwarka) Private Limited reported revenue of ₹543.09 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 15% growth in the latest year. EBITDA rose 69% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹224.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.3% | ||||
| Net Profit Margin | 15.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Board of directors of Manipal Hospitals (Dwarka) Private Limited
Manipal Hospitals (Dwarka) has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hebri Sudarshan Ballal | Director | 09 Dec 2015 | 10 Years 10 Months | Current |
| Pramod Alagharu | Whole-Time Director | 13 Jul 2018 | 8 Years 3 Months | Current |
| Sameer Agarwal | Director | 21 Jun 2016 | 10 Years 4 Months | Current |
| Karthik Rajagopal | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Manipal Hospitals (Dwarka) Private Limited is compared with the 8 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganga Medical Centre and Hospitals Private Limited | ₹616.3 Cr (FY 2025) | 10.0% | Coimbatore, Tamil Nadu, India | |||
| Sarvejana Healthcare Private Limited | ₹600.1 Cr (FY 2025) | 29.0% | Secunderabad, Telangana, India | |||
| Shiva and Shiva Orthopaedic Hospital Private Limited | ₹570.58 Cr (FY 2025) | 37.0% | Bangalore, Karnataka, India | |||
| Regency Hospital Limited | ₹561.64 Cr (FY 2025) | 16.0% | Kanpur, Uttar Pradesh, India | |||
| Manipal Hospitals (Dwarka) Private Limitedthis company | ₹543.09 Cr (FY 2025) | ₹83.05 Cr | 15.3% | 15.0% | 276 | Bangalore, Karnataka, India |
| Hometrail Buildtech Private Limited | ₹524.9 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Imperial Hospital and Research Centre Limited | ₹522.14 Cr (FY 2025) | 17.0% | Banaglore, Karnataka, India | |||
| Yashoda Hospital and Research Centre Limited | ₹508.47 Cr (FY 2025) | 21.0% | Ghaziabad, Uttar Pradesh, India | |||
| Artemis Global Life Sciences Limited | ₹507.09 Cr (FY 2018) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Auditor
Manipal Hospitals (Dwarka) Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Manipal Hospitals (Dwarka) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100959515 | Canara Bank | ₹11 Lakh | Open | |
| 19 Jul 2024 | 100957123 | Canara Bank | ₹35 Lakh | Open | |
| 07 May 2024 | 100926723 | Canara Bank | ₹25.25 Lakh | Open | |
| 24 Apr 2024 | 100919634 | Canara Bank | ₹20 Lakh | Open | |
| 02 Apr 2024 | 100903301 | Canara Bank | ₹8.73 Lakh | Open |
To see the full charge records of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Manipal Hospitals (Dwarka) Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Acquisition | ₹100 Cr | Buyer: Manipal Health Enterprises Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Manipal Health Enterprises Limited , an individual Seller: Manipal Education And Medical Group India Private Limited, an individual |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: Manipal Education And Medical Group India Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manipal Hospitals (Dwarka) Private Limited has 7 court cases on record: 2 filed by Manipal Hospitals (Dwarka), 5 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 3 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by an individual | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against an individual | Pending |
| High Court of Delhi | Court case (EX.P.) | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against an individual | Disposed |
To see the full case history of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Manipal Hospitals (Dwarka) Private Limited was last rated by Indiarating on 19 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 19 Aug 2021 |
To see the full credit ratings and regulatory alerts of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
MSME payment delays
Manipal Hospitals (Dwarka) Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Noventiq Global AI Solutions Private Limited | |||
| Saxsons International Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Conquer Technologies |
To see the full MSME payment records of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Manipal Hospitals (Dwarka) Private Limited has a workforce of 276 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Manipal Hospitals (Dwarka) has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCM0499F1ZA | Delhi | Active | 01 Jul 2017 |
| 37AAJCM0499F1Z7 | Andhra Pradesh | Active | 11 Aug 2023 |
To see the full GST registrations and return filing status of Manipal Hospitals (Dwarka) Private Limited, buy the company report.
Recent activity
Manipal Hospitals (Dwarka) Private Limited has 15 board changes on record since 2015: 4 appointments and 11 cessations. The latest: Karthik Rajagopal ceased to be Additional Director on 30 Aug 2022.
35 earlier events are in the company report.
News
Frequently asked questions
Manipal Hospitals (Dwarka) is an active private limited company based in Bangalore, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 16 January 2014 (12+ years old) and is registered under CIN U85110KA2014PTC073063.
Manipal Hospitals (Dwarka) has 4 current directors:
- Pramod Alagharu - Whole-Time Director
- Hebri Sudarshan Ballal - Director
- Sameer Agarwal - Director
- Karthik Rajagopal - Director
The latest financial statements of Manipal Hospitals (Dwarka) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 04 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manipal Hospitals (Dwarka) is 07AAJCM0499F1ZA, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAJCM0499F1Z7 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Manipal Hospitals (Dwarka) is U85110KA2014PTC073063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manipal Hospitals (Dwarka) has 7 court cases on record: 2 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Manipal Hospitals (Dwarka) was incorporated on 16 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Manipal Hospitals (Dwarka) has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2017.
The peers of Manipal Hospitals (Dwarka) by revenue are Ganga Medical Centre and Hospitals Private Limited, Sarvejana Healthcare Private Limited, Shiva and Shiva Orthopaedic Hospital Private Limited, Regency Hospital Limited, Hometrail Buildtech Private Limited and 3 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Karthik Rajagopal ceased to be Additional Director on 30 Aug 2022. Karthik Rajagopal was appointed as Director on 01 Apr 2022. Dilip Jose Puthiyidathu ceased to be Director on 31 Mar 2022. Manipal Hospitals (Dwarka) has 15 board changes on record in total.
Manipal Hospitals (Dwarka) has 3 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 6 micro and small suppliers. The latest return was filed on 14 May 2020.
Manipal Hospitals (Dwarka) can be reached through the website manipalhospitals.com. Its registered office is in Bangalore, Karnataka, India.
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