Medi Assist Healthcare Services (MEDIASSIST) Q4 25/26 earnings summary

Executive summary

• Achieved strong growth and technology-led transformation, becoming debt-free and net cash positive, enabling future investments.

• AI-powered platforms processed nearly 1 million claims monthly, with industry-leading automation and fraud detection.

• Expanded global partnerships and completed the acquisition and integration of Paramount Health Services and Insurance TPA Private Limited, positioning for next-generation healthcare administration.

• Consolidated revenue from operations for FY26 was ₹9,047.67 million, up from ₹7,233.21 million in FY25, reflecting strong year-over-year growth.

• The Board recommended a final dividend of ₹2 per equity share for FY26, subject to shareholder approval.

Financial highlights

• Total income for FY26 was ₹9,232.44 million, up from ₹7,470.78 million in FY25, with operating income at ₹9,047.67 million, up 25.1% year-over-year.

• Operating EBITDA was ₹945.47 million for FY26, with a margin of 19.3%.

• Reported PAT for FY26 was ₹893.11 million; adjusted PAT (excluding exceptional items) was ₹688 million.

• Free cash flow stood at ₹260.5 crore; net worth at ₹8,524.00 million as of March 31, 2026.

• Cash and cash equivalents at year-end were ₹546.32 million, reflecting significant investing and financing activities.

Outlook and guidance

• Technology and international segments expected to maintain or improve growth rates seen in FY26, with scalable AI platforms and global partnerships.

• Paramount integration expected to complete by Q2FY27, enhancing operational efficiency.

• Management expects continued growth in health management services, supported by recent acquisitions and expanded service offerings.

• The company is monitoring regulatory changes and will adjust for any further impacts from new labour codes or ongoing legal matters.