Conference Call with Medi Assist Healthcare Services Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Healthcare Services company Medi Assist Healthcare Services announced Q2FY26 results Total Income was Rs 234.8 crore, a growth of 25.5% over Q2FY25. Revenue from contracts with customers, excluding other income (“Operating Revenue”) was Rs 232.5 crore, a growth of 28.6% over Q2FY25 Revenue from contracts with customers included: 12.6% from Government business. 4.3% from the International Benefits administration business. 2.0% from Technology SaaS services. EBITDA excluding Other Income (“Operating EBITDA”) was Rs 39.7 crore: including Paramount related consolidation and integration costs amounting to 150 bps of EBITDA margin. incremental technology investments to the tune of 100 bps. a growth of 3.3% YoY. a margin of 17.1% on Operating Revenue. Profit for the period (“PAT”) was Rs 8.1 crore impacted by: adjusting for Paramount acquisition financing, incremental Depreciation and Amortization and higher Effective tax rate (ETR), estimated PAT is in line with historical performance. decline of 61.5% on reported PAT YoY. a margin of 3.4% on Total Income. Satish Gidugu, CEO, said: “We are encouraged by the ongoing transformation in the health insurance segment, driven by technology and strategic partnerships that enhance efficiency, access, and trust. This half year’s milestones—including the completion of the acquisition of Paramount TPA, our collaboration with Star Health & Allied Insurance, expansion of our international benefits administration footprint and the investment from MIT—demonstrate strong confidence in Medi Assist’s vision and capabilities. These achievements reinforce our dedication to building a sustainable, tech-driven ecosystem that delivers lasting value for all stakeholders.” Result PDF
Healthcare Services company Medi Assist Healthcare Services announced Q1FY26 results Total Income was Rs 198.0 crore, a growth of 14.5% over Q1FY25. Revenue from contracts with customers, excluding other income (“Operating Revenue”) was Rs 190.6 crore, a growth of 13.6% over Q1FY25. EBITDA excluding Other Income (“Operating EBITDA”) was Rs 42.0 crore:, a growth of 19.3% YoY. EBITFA margin of 22.0% on Operating Revenue. Profit for the period (“PAT”) was 22.6 Rs crore, a growth of 18.7% on reported PAT YoY. PAT margin of 11.4% on Total Income. Key Balance sheet and KPIs as on 30th June’ 2025 were as follows: Net cash balance in the books was Rs 312.6 crore. Net Worth was Rs 577.4 crore; Return on Net Worth was 15.7% annualized (3.9% for Q1- FY26). Return on Capital Employed was and 21.0% annualized (5.3% for Q1FY26). Revenue per average headcount (on non-government contracts) was 14.9 lakh annualized (Rs 3.7 lakh for Q1FY26). Satish Gidugu, CEO, said: “We have reported a strong start to FY26, in what has been a defining quarter for our growth. We successfully completed the acquisition of Paramount TPA, the largest TPA acquisition in the country. Our strategic partnership with Star Health is a testament to the strength of our tech stack. Our Group business witnessed phenomenal growth driven by seamless onboarding experiences and demonstrable savings on Fraud, Waste & Abuse and effective medical inflation management. As the health insurance ecosystem evolves, we’re doubling down on our investments in AI to simplify administration, drive efficiency, and create meaningful value for policyholders”. Result PDF