Manipal Hospitals is evaluating acquisitions across Telangana, Keralam, Andhra Pradesh, Chhattisgarh and other regional markets while planning to add 2,426 licensed beds by 2030, according to the company’s FY26 annual report. The expansion includes a major greenfield hospital project in Mumbai’s Juhu and a wider shift towards AI-enabled, digitally integrated healthcare delivery.
Manipal Health Enterprises said it is assessing inorganic growth opportunities in Telangana, Keralam, Andhra Pradesh and Chhattisgarh. It is also evaluating acquisitions across Karnataka, Maharashtra and Goa, including the Mumbai-Pune economic corridor, as well as West Bengal, Odisha, Jharkhand and Sikkim in eastern India.
The group’s Juhu project is a key part of its infrastructure pipeline. Manipal Hospitals recently completed the acquisition of the remaining land and building for the project for a total consideration of Rs 495 crore. Of this amount, Rs 130 crore remains payable subject to the fulfilment of certain conditions.
The company plans to add approximately 2,426 licensed beds by 2030, including 483 brownfield beds at existing facilities and 1,943 greenfield beds at new projects. As of March 31, 2026, its network comprised 49 hospitals and 13,037 licensed beds across 14 states and Union Territories. The network served more than 76 lakh patients during the year.
Manipal Hospitals said it had added more than 5,500 beds between 2020-21 and 2025-26. The annual report described the group as the leading consolidator among private hospital chains in India by bed additions during that period. Its expansion follows the integration of Sahyadri Hospitals in Maharashtra and Medica Synergie in eastern India.
Alongside physical expansion, the group is building a unified Hospital Information System to connect clinical, diagnostic and administrative workflows across its network. AI-enabled nursing handovers have been launched at 24 hospitals, while the company is also investing in wireless patient monitoring platforms and AI-driven chat, voice and omnichannel assistants for triage enquiries and appointments.
The company’s clinical strategy is focused on six complex-specialty clusters: cardiac sciences, oncology, neurosciences, gastro sciences, orthopaedics and renal sciences. These specialties accounted for 64.3 per cent of gross inpatient revenue in 2025-26. Manipal Hospitals said it is investing in robotic surgical systems, linear accelerators and PET-CT scanners to support these services.
The expansion comes after a strong financial year for the group. Revenue from operations increased 25.4 per cent to Rs 10,336 crore in 2025-26, while EBITDA stood at Rs 2,644 crore.
“The next phase of Manipal Hospitals’ journey will be defined not only by the capacity we add, but by how effectively we harness the collective strengths of our people, clinical expertise, technology platforms and integrated network,” Dilip Jose, managing director and chief executive officer, said in the annual report. The company’s disclosed milestones are the planned bed additions, the Juhu project and its continuing evaluation of acquisition opportunities across the identified markets.
