Healthcare Services company Medi Assist Healthcare Services announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company reported a total income of Rs 2,470.16 million in Q1FY27, representing a YoY increase of 24.85% from Rs 1,978.44 million in Q1FY26. On a QoQ basis, total income grew by 0.94% from Rs 2,447.19 million in Q4FY26. Revenue from Operations: Revenue from operations for Q1FY27 stood at Rs 2,365.19 million, a growth of 24.12% YoY compared to Rs 1,905.58 million in Q1FY26. It saw a marginal decline of 2.26% QoQ from Rs 2,419.86 million in Q4FY26. Profit for the Period: The consolidated net profit for Q1FY27 was Rs 275.97 million, increasing by 21.94% YoY from Rs 226.31 million in Q1FY26. However, it decreased by 49.34% QoQ from Rs 544.77 million in Q4FY26. Earnings Per Equity Share (EPS): Basic EPS for Q1FY27 was Rs 3.71, compared to Rs 3.18 in Q1FY26 and Rs 7.33 in Q4FY26. Standalone Financial Highlights: Total Income: Standalone total income in Q1FY27 reached Rs 660.12 million, marking a YoY increase of 43.30% from Rs 460.65 million in Q1FY26, and a QoQ decline of 3.93% from Rs 687.11 million in Q4FY26. Revenue from Operations: Standalone revenue from operations was Rs 589.84 million in Q1FY27, up 34.96% YoY from Rs 437.04 million in Q1FY26. On a QoQ basis, revenue fell by 7.20% from Rs 635.63 million in Q4FY26. Profit for the Period: Net profit on a standalone basis for Q1FY27 stood at Rs 131.52 million, a 64.00% YoY increase from Rs 80.20 million in Q1FY26. QoQ, it declined by 9.28% from Rs 144.97 million in Q4FY26. Business Highlights: Segment Performance: The company operates primarily in a single reportable segment, which is providing health management services. Acquisition of Mayfair We Care Limited: During the quarter, the company exercised its option to acquire an additional 31.75% equity stake in Mayfair We Care Limited. This resulted in a gain of Rs 31.18 million recognized as Other Income following the remeasurement of derivative liability as of June 30, 2026. The acquisition was completed effective July 01, 2026. Utilization of Funds: From the preferential allotment of 3,701,000 equity shares in October 2025 (which raised Rs 1,980.03 million), unspent proceeds amounting to Rs 448.80 million remained as of June 30, 2026. Paramount TPA Update: The company highlighted that the integration of Paramount TPA, acquired on July 01, 2025, for a purchase consideration of Rs 4,124.40 million, is ongoing. A previously reported cyber-security incident at Paramount TPA was fully contained and did not impact the holding company's operations. Regulatory Search Update: Regarding a search and seizure operation conducted by the Enforcement Directorate at MAITPA offices in April 2025, the management stated that no further communication has been received and there is no adverse impact on the company’s financial statements. Satish Gidugu, CEO & Whole Time Director, said: "The India TPA franchise — built organically and through acquisitions — is our core engine. Paramount integration is at its logical closure. Our AI stack has moved from investment to early monetisation with seven contracts in place, and Mayfair is now a structured international platform with dedicated leadership and a live Thailand deployment. We are funding both growth tracks from within operating cash flows and expect them to become meaningful contributors to EBITDA margins over time." Result PDF
Conference Call with Medi Assist Healthcare Services Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Healthcare Services company Medi Assist Healthcare Services announced Q4FY26 & FY26 results Consolidated Financial Highlights: The company recorded Revenue from Operations of Rs 2,419.86 million in Q4FY26, registering a growth of 0.96% QoQ from Rs 2,396.78 million and an increase of 28.12% YoY from Rs 1,888.72 million. For FY26, Revenue from Operations stood at Rs 9,047.67 million, representing a growth of 25.08% YoY from Rs 7,233.21 million. Total Income for Q4FY26 was Rs 2,432.32 million, showing a marginal decline of 1.62% QoQ from Rs 2,472.42 million but growing 23.69% YoY from Rs 1,966.43 million. For FY26, Total Income reached Rs 9,232.44 million, up 23.58% YoY compared to Rs 7,470.78 million in FY25. Profit Before Tax (from continuing operations) for Q4FY26 stood at Rs 279.04 million, a significant increase of 229.52% QoQ from Rs 84.68 million, though it declined 7.13% YoY from Rs 300.47 million. For FY26, Profit Before Tax was Rs 803.52 million, a decrease of 28.12% YoY from Rs 1,117.87 million. Net Profit for the period in Q4FY26 was Rs 544.77 million, surging 1,217.14% QoQ from Rs 41.36 million and increasing 152.35% YoY from Rs 215.88 million. This sharp increase was primarily driven by a deferred tax credit of Rs 315.04 million during the quarter. For the full financial year FY26, the Net Profit stood at Rs 893.11 million, a slight decline of 2.41% YoY from Rs 915.18 million in FY25. The company reported exceptional items of Rs 141.95 million For FY26 (Consolidated), which includes costs related to a cyber-security incident and provisions for employee benefits under new labor codes. Standalone Financial Highlights: Revenue from Operations for Q4FY26 was Rs 635.63 million, up 10.68% QoQ from Rs 574.28 million and up 49.37% YoY from Rs 425.53 million. For FY26, standalone revenue was Rs 2,254.55 million, a growth of 49.72% YoY from Rs 1,505.86 million. Total Income for Q4FY26 stood at Rs 687.11 million, up 12.11% QoQ from Rs 612.86 million and 59.11% YoY from Rs 431.85 million. For FY26, Total Income reached Rs 2,400.86 million, a 51.71% YoY increase from Rs 1,582.52 million. Standalone Net Profit for Q4FY26 was Rs 144.97 million, reflecting a growth of 22.51% QoQ from Rs 118.33 million and an increase of 35.10% YoY from Rs 107.31 million. For FY26, the standalone Net Profit was Rs 519.86 million, a robust growth of 56.55% YoY from Rs 332.08 million in FY25. Business Highlights: Acquisitions and Amalgamations: On July 01, 2025, the company completed the 100% acquisition of Paramount Health Services & Insurance TPA Private Limited for a total purchase consideration of Rs 4,124.40 million. Following this, the TPA business of Paramount TPA was transferred to Medi Assist Insurance TPA Private Limited (MAITPA) effective February 01, 2026. Segment Performance: The company operates in a single reportable segment, which is providing health management services. Capital Infusion: On October 10, 2025, the company allotted 37,01,000 fully paid-up equity shares of face value Rs 5 each at a price of Rs 535 per share (including premium) on a private placement basis. The aggregate consideration received was Rs 1,98,00,35,000. Allottees included the Massachusetts Institute of Technology (Rs 1,546.59 million) and 238 Plan Associates LLC (Rs 433.44 million). Exceptional Events: A material step-down subsidiary, Paramount TPA, experienced a cyber-security incident during the year. The company incurred Rs 37.68 million in costs for restoration and forensic activities. Additionally, a provision of Rs 33.27 million was made on a consolidated basis due to the material increase in employee benefit obligations following the consolidation of new labor codes. Regulatory Matters: The Enforcement Directorate conducted a search and seizure operation at the Ranchi offices of MAITPA on April 04, 2025. Management has stated that there is no adverse impact on the Group and no adjustments are required in the financial results in this regard. Dividend: The Board of Directors has recommended a final dividend of Rs 2 per equity share (face value Rs 5 per share) for the financial year ended March 31, 2026, subject to shareholder approval. Satish Gidugu, CEO, Medi Assist, said: “FY26 was a milestone year for Medi Assist as we combined strong growth with deep technology-led transformation. Becoming debt-free and net-cash-positive strengthens our ability to invest in the future, while our AI-powered platforms are now operating at unprecedented scale, processing nearly one million claims every month with industry-leading automation and fraud detection. The rapid expansion of MAtrix, successful integration of Paramount, and our new global partnerships position us strongly to build the next generation of intelligent, borderless healthcare administration”. Result PDF
Conference Call with Medi Assist Healthcare Services Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Medi Assist Healthcare Services Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Healthcare Services company Medi Assist Healthcare Services announced Q3FY26 results Revenue: Rs 2,396.78 million against Rs 1,859.74 million during Q3FY25, change 29%. PBT: Rs 84.68 million against Rs 172.05 million during Q3FY25, change -51%. PAT: Rs 41.36 million against Rs 299.74 million during Q3FY25, change -86%. EPS: Rs 0.51 for Q3FY26. Result PDF