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Investor Presentation

Medi Assist Healthcare Services Investor Presentation: Key Takeaways

Q2FY27 operating revenue ₹241.5 Cr (+3.9%), EBITDA ₹49.2 Cr (+23.9%), margin 20.4% (+331 bps). H1 revenue ₹478.0 Cr (+13.0%); Paramount integration complete.

Highlights
Revenue growthQ2 +3.9%; H1 operating revenue +13.0%
MarginsEBITDA margin 20.4% Q2, +331 bps; integration costs falling away
Order bookInternational annualised book +17% vs FY26
Demand visibilityTPA premiums managed +18.8%; platform premiums +24.8% YoY
Management confidenceBuyback signals confidence in long-term earnings

Growth

Q2 revenue +3.9%, SaaS and licence revenue +112.7%; H1 operating revenue +13.0%, reported PAT +60.2%, Group revenue +13.7%.

Outlook

Buyback up to ₹49.3 Cr at ₹425/share; ~50% of FCF returned over rolling five years; four insurers go live H2FY27.

Risks

Group retention 90.5%, churn tail 2-3 quarters; International H1 growth just +1.1%; Marine share down 560 bps.

Last quarter's promises, checked

Delivered

  • Paramount claims/ops on MAtrix by Q2FY27 (>95% group migrated Q1) → integration complete (= BEAT)
  • Thailand tech contract live 1-Jul-26 → SEA platforms live (= BEAT)
  • Tech growth 'much faster' (Q1 SaaS +55.5%) → SaaS/licence +112.7% (= BEAT)

Partly delivered

  • EBITDA margin back to ~23% by end-FY27 (Q1 20.3%) → Q2 20.4% (= PARTIAL)
  • Intl recovery from Q1 -5.2% → Q2 +7.7%, H1 +1.1% (= PARTIAL)

Missed

  • Group retention back to 93-94%, drag normalised through FY27 → Q2 90.5%, normalisation now 3-4 qtrs (= MISS)
Source

Investor Presentation filed with BSE, NSE: MEDIASSIST. Summary written with AI assistance from the document.

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Medi Assist Healthcare Services Ltd: key numbers

Share price
₹295.20
Market cap
₹2,205 Cr
Revenue (annual)
₹904.8 Cr
Net profit (annual)
₹87.89 Cr
P/E (TTM)
23.6×Sector 52.8×
Promoter holding
4.61%+0.00% QoQ
FII holding
24.55%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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