Medi Assist Healthcare Services Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹191Cr
- +13.7% YoY
- +1.1% QoQ
- Net profit
- ₹23Cr
- +21.1% YoY
- +4.5% QoQ
- Margin
- 22%
- +1 pp YoY
- 0 pp QoQ
Guidance rank: #4 of 4 in Insurance
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The short version
Medi Assist generally aims to grow at or faster than the industry growth rate.
From Medi Assist Ser.'s Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Medi Assist generally aims to grow at or faster than the industry growth rate.
- The acquisition of Paramount Health Services is expected to add meaningful growth from Q2 FY'26 due to its sizable scale and portfolio.
- Q1 FY'26 saw 19% YoY premium growth, driven by strong new corporate wins (+Rs. 1,000 crores in Q1 alone).
- Retail premiums growth remains sub-1%, partly due to industry reallocations and a shift toward technology service-based revenues.
- Technology services revenue (including the Star Health partnership) currently contributes 2.5% and is expected to scale up, offering higher gross margins.
- Government business and international benefits (Mayfair) segments are growing well and seen as key growth levers.
2 more points from Medi Assist Ser.'s call on revenue
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Profitability & Margins
Historically, Medi Assist aims to grow at the industry rate or faster.
Locked: what Medi Assist Ser. said on margins
Also locked on this page: fundraising
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Capital Expenditure Plans
- The company is aggressive on growth opportunities across multiple dimensions: TPA business, international (IPMI) business, and technology services as a viable line of business.
- Investments are focused on expanding technology capabilities and services.
- Fundraise proceeds are intended for growth-oriented deployment rather than just debt servicing to free up capital for expansion.
- The Board has approved a preferential allotment to bring in long-term, meaningful shareholders to strengthen the capital structure.
- Detailed objectives will be communicated in upcoming shareholder notices.
- The company continues to invest heavily in technology, with current technology spend at 5-7% of revenue.
2 more points from Medi Assist Ser.'s call on capex
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Top-ranked in Insurance
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
The company has taken an in-principle approval from the Board for a fundraising of Rs. 350 crores…
Locked: what Medi Assist Ser. said on fundraising
Also locked on this page: margins
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Order Book & Pipeline
2 more points from Medi Assist Ser.'s call on order book
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Medi Assist Ser. — Quarterly revenue & net profit
Medi Assist Ser. Q1 FY26 results — key figures
| ₹ Cr | Q1 FY26 | Q1 FY25 | YoY | Q4 FY25 | QoQ |
|---|---|---|---|---|---|
| Revenue | 191 | 168 | +13.7% | 189 | +1.1% |
| Operating profit (EBITDA) | 42 | 35 | +20% | 41 | +2.4% |
| Operating margin | 22% | 21% | +1 pp | 22% | 0 pp |
| Profit before tax | 31 | 25 | +24% | 30 | +3.3% |
| Net profit (PAT) | 23 | 19 | +21.1% | 22 | +4.5% |
| EPS (₹) | 3.18 | 2.68 | +18.7% | 3.05 | +4.3% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹242 Cr, net profit ₹22 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Medi Assist Healthcare Services's management said in earlier quarters
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Medi Assist Ser. Q1 FY26 results?
Medi Assist generally aims to grow at or faster than the industry growth rate.
What is Medi Assist Ser. share price analysis?
Medi Assist Ser. currently shows a neutral. The stock trades at a P/E of 26.4 with a market cap of ₹2,605 Cr. Investors should review the full earnings analysis for detailed insights.
Is Medi Assist Ser. planning capital expenditure?
The company is aggressive on growth opportunities across multiple dimensions: TPA business, international (IPMI) business, and technology services as a viable line of business.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.