About Manipal Hospitals Private Limited
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Manipal Hospitals Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Manipal Health Enterprises Private Limited. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 22 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2003PTC033055. Its GSTIN is 29AACCC2943F1ZS (Karnataka). The company holds 16 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1,104.95 Cr and a paid-up capital of ₹1,025.3 Cr. It was formerly known as Columbia Asia Hospitals Private Limited and Columbia Asia Hospital Private Limited. It is led by directors including Hebri Sudarshan Ballal and Sameer Agarwal.
Its last annual general meeting (AGM) was held on 04 July 2025, and its latest financial statements are for the year ended 31 March 2025. 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 2026, the company reported a revenue of ₹2,538.27 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹205.94 Cr (net margin 8.1%) and EBITDA of ₹819.15 Cr (EBITDA margin 32.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 22% over five years.
The company has about 6,980 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Columbia India Hospitals and Manipal Hospitals. As per MCA filings, the company has open charges of ₹18,344 Cr and satisfied charges of ₹1,150.99 Cr on record. Court records list 53 cases involving the company, including 42 filed by the company and 11 filed against it; 14 cases are pending. The company has 11 deals on record (7 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹1,101.81 Cr; the latest was in April 2021. Its 9 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 5 larger and 4 smaller; the largest is Aster DM Quality Care Limited with revenue of ₹4,286.69 Cr. The company has 36 MSME Form 1 returns on record between 2010 and 2024, listing 2,581 overdue payments to 127 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
Name history
Manipal Hospitals has undergone 2 name changes throughout its history. The company was previously known as Columbia Asia Hospitals Private Limited, and Columbia Asia Hospital Private Limited. The current legal name is Manipal Hospitals Private Limited.
| Company Name | Status |
|---|---|
| Manipal Hospitals Private Limited | Current |
| Columbia Asia Hospitals Private Limited | Previous |
| Columbia Asia Hospital Private Limited | Previous |
Contact details
Manipal Hospitals 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 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 operates two associated brands: Columbia India Hospitals and Manipal Hospitals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A chain of multispecialty hospitals is operated in India. | columbiaindiahospitals.com | |
| Multispecialty hospitals are operated as a chain in India. | manipalhospitals.com |
Business activity
The main business activity of Manipal Hospitals 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 Private Limited, buy the company report.
Financials of Manipal Hospitals Private Limited
FY 2025 filings availableManipal Hospitals Private Limited reported revenue of ₹2,538.27 Cr (up 16% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 16% growth in the latest year. EBITDA rose 19% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹819.15 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹205.94 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.3% | ||||
| Net Profit Margin | 8.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Manipal Hospitals Private Limited, buy the company report.
Board of directors of Manipal Hospitals Private Limited
Manipal Hospitals has 6 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hebri Sudarshan Ballal | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Sameer Agarwal | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Karthik Rajagopal | Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Vinesh Kumar Jairath Also directs: Wockhardt Limited, Kirloskar Oil Engines Limited, Kirloskar Industries Limited and 1 more | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
| Mohan Kumar Bangalore Shankarappa | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
| Mangala Rohith | Director | 12 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Manipal Hospitals Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Aster DM Quality Care Limited | ₹4,286.69 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Fortis Hospitals Limited | ₹4,219.85 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Global Health Limited | ₹3,771.41 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Yashoda Healthcare Services Limited | ₹3,399.07 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Krishna Institute of Medical Sciences Limited | ₹3,067 Cr (FY 2025) | 22.0% | Telangana, India | |||
| Manipal Hospitals Private Limitedthis company | ₹2,538.27 Cr (FY 2026) | ₹205.94 Cr | 8.1% | 16.0% | 6,980 | Bangalore, Karnataka, India |
| Sri Kauvery Medical Care (India) Limited | ₹1,918.06 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India | |||
| Sahrudaya Health Care Private Limited | ₹1,836.54 Cr (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| Asian Institute of Gastroenterology Private Limited | ₹1,697.82 Cr (FY 2025) | 15.0% | Telangana, India | |||
| Quality Care India Limited | ₹1,623.59 Cr (FY 2023) | 22.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Manipal Hospitals Private Limited, buy the company report.
Auditor
Manipal Hospitals Private Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
The shareholding of Manipal Hospitals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manipal Hospitals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2026 | 101407576 | Canara Bank | ₹21 Lakh | Open | |
| 21 Jul 2026 | 101361777 | Canara Bank | ₹25 Lakh | Open | |
| 25 Feb 2026 | 101262344 | Canara Bank | ₹20 Lakh | Open | |
| 23 Jan 2026 | 101239740 | Others | ₹5,310 Cr | Open | |
| 10 Nov 2025 | 101194688 | Canara Bank | ₹8.67 Lakh | Open |
To see the full charge records of Manipal Hospitals Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Manipal Hospitals Private Limited has 11 deals on record (7 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹1,101.81 Cr; the latest was in April 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: Manipal Health Enterprises Limited , Manipal Health Enterprises Private Limited & Hebri Sudarshan Ballal Seller: International Columbia 2004, International Columbia 2004 & Jagannath Mudumbi Selvanarayan, International Columbia 2004 & Nandakumar Jairam |
| Oct 2018 | Acquisition | ₹79.15 Cr | Buyer: Zydus Hospitals and Healthcare Research Private Limited Seller: Manipal Hospitals Private Limited |
| May 2016 | Funding round | ₹58.8 Cr | Investors: International Columbia 2004, DSS Healthcare Private Limited , an individual |
| Dec 2014 | Funding round | ₹121.06 Cr | Investors: International Columbia 2004, DSS Healthcare Private Limited , an individual |
| Apr 2014 | Rights issue | ₹59 Cr | Investors: International Columbia 2004, DSS Healthcare Private Limited , an individual |
To see the full deal history of Manipal Hospitals Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manipal Hospitals Private Limited has 53 court cases on record: 42 filed by Manipal Hospitals, 11 filed against it. 14 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 7 | 7 |
| High courts | 13 | 4 | 7 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Pine Labs Limited | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S. Fossil Liquid and Minerals Exim Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Fossil Liquid and Minerals Exim Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Fossil Liquid and Minerals Exim Pvt Ltd and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Ecom Express Private Limited | Disposed |
To see the full case history of Manipal Hospitals 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 Private Limited was last rated by Icra on 14 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jan 2021 |
To see the full credit ratings and regulatory alerts of Manipal Hospitals Private Limited, buy the company report.
MSME payment delays
Manipal Hospitals Private Limited has 36 MSME Form 1 returns on record between 2010 and 2024, listing 2,581 overdue payments to 127 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 127)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Passco Environmental Solutions Private Limited | |||
| Alaric Enterprises | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Manipal Hospitals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Manipal Hospitals Private Limited has a workforce of 6,980 employees on its EPFO records as of Apr 04, 2024, across 4 active EPFO establishments.
GST
Manipal Hospitals has 16 GST registrations: 6 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC2943F1ZS | Karnataka | Active | 01 Jul 2017 |
| 03AACCC2943F1Z6 | Punjab | Active | 01 Jul 2017 |
| 06AACCC2943F1Z0 | Haryana | Active | 01 Jul 2017 |
| 09AACCC2943F1ZU | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manipal Hospitals Private Limited, buy the company report.
Recent activity
Manipal Hospitals Private Limited has 23 board changes on record since 2012: 6 appointments and 17 cessations. The latest: Mangala Rohith was appointed as Director on 12 Feb 2026.
65 earlier events are in the company report.
News
Frequently asked questions
Manipal Hospitals is an active private limited company based in Bangalore, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 22 December 2003 (23+ years old) and is registered under CIN U85110KA2003PTC033055.
Manipal Hospitals has 6 current directors:
- Hebri Sudarshan Ballal - Director
- Sameer Agarwal - Director
- Karthik Rajagopal - Director
- Vinesh Kumar Jairath - Director
- Mohan Kumar Bangalore Shankarappa - Director
- Mangala Rohith - Director
The latest financial statements of Manipal Hospitals on record with the MCA are for the year ended 31 March 2025. 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 is 29AACCC2943F1ZS, registered in Karnataka. The company has 16 GST registrations in all, of which 6 are active and 10 are cancelled or inactive. Other active GSTINs include 03AACCC2943F1Z6 (Punjab), 06AACCC2943F1Z0 (Haryana), 09AACCC2943F1ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Manipal Hospitals is U85110KA2003PTC033055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manipal Hospitals has 53 court cases on record: 42 filed by the company and 11 filed against it. 14 are pending. Most are in the district courts.
Manipal Hospitals was incorporated on 22 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Manipal Hospitals has 11 deals on record (7 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹1,101.81 Cr; the latest was in April 2021.
The peers of Manipal Hospitals by revenue are Aster DM Quality Care Limited, Fortis Hospitals Limited, Global Health Limited, Yashoda Healthcare Services Limited, Krishna Institute of Medical Sciences Limited and 4 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Mangala Rohith was appointed as Director on 12 Feb 2026. Mohan Kumar Bangalore Shankarappa was appointed as Director on 12 Feb 2026. Vinesh Kumar Jairath was appointed as Director on 12 Feb 2026. Manipal Hospitals has 23 board changes on record in total.
Manipal Hospitals has 36 MSME Form 1 returns on record between 2010 and 2024, listing 2,581 overdue payments to 127 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Manipal Hospitals can be reached through the website manipalhospitals.com. Its registered office is in Bangalore, Karnataka, India.
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