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Earnings Call

QMS Medical Allied Services Earnings Call: Key Takeaways

QMS Medical Allied Services delivered ₹172.9cr revenue (11% YoY growth) in FY26, driven by a shift toward high-margin patient support services despite margin compression from strategic front-loaded investments.

Why this was an Alfa AlertNot a filter event. FY26 EBITDA margin (15%) missed prior 17% guidance due to investment front-loading.
Highlights
Revenue growth11% YoY growth in FY26; 18% 3-year CAGR.
MarginsServices at 25% EBITDA; products at 10-12%.
Order bookSigned contracts for doubling service revenue; hiring 1,000+ employees for projects.
Demand visibilityStrong demand for patient support programs (PSPs) and GLP-1 therapy engagement.
Management confidenceHigh; visibility on service contracts and recurring patient engagement revenue.

Growth

Revenue grew 11% to ₹172.9cr; EBITDA at ₹25.9cr (15% margin); PAT at ₹11.9cr. 3-year Revenue CAGR is 18%.

Outlook

Reiterated FY27 revenue guidance of ₹216cr; targeting doubling service segment revenue; EBITDA margin expected at 18-19%.

Risks

Supply chain disruptions and shipping delays impacted H2 product segment; margins hit by heavy pre-recruitment and tech costs.

Source

Earnings Call filed with NSE, NSE: QMSMEDI. Summary written with AI assistance from the document.

Read the document ↗

QMS Medical Allied Services Ltd: key numbers

Share price
₹196.64
Market cap
₹380.2 Cr
Revenue (annual)
₹172.9 Cr
Net profit (annual)
₹11.92 Cr
P/E (TTM)
31.9×Sector 57.8×
Promoter holding
68.11%+0.00% QoQ
FII holding
0.00%Current quarter

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

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20:40 IST NSE
Acquisition

QMS Medical Allied Services Acquisition

QMS Medical Allied Services Limited is acquiring BeamOptics Scientific Private Limited. The strategic acquisition aims to expand the company's addressable market in healthcare business.

Execution
on or before 30th November, 2027
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Business Update

QMS Medical Allied Services Business Update

QMS Medical Allied Services executed a shareholders' agreement with investors and its subsidiary, Saarathi Healthcare, defining governance rights, veto powers, and share transfer restrictions.

18:44 IST NSE
Merger & Restructuring

QMS Medical Allied Services Merger & Restructuring

QMS Medical Allied Services Limited approved a composite demerger scheme for its healthcare business and the acquisition of a 100% stake in BeamOptics Scientific Private Limited.

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Acquisition

QMS Medical Allied Services Acquisition Worth ₹14.22 Cr

QMS Medical Allied Services Ltd acquired the remaining 24% stake in Saarathi Healthcare Private Limited for Rs. 14.23 Crore, making it a wholly-owned subsidiary.

Value
₹14.22 Cr
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Other Announcement

QMS Medical Allied Services Other Announcement

QMS Medical Allied Services Limited informed the exchange regarding the dispatch of annual report links to shareholders who haven't registered their email addresses.

19:01 IST NSE
Annual Report

QMS Medical Allied Services Annual Report

QMS Medical Allied Services Limited has filed its Annual Report for the financial year 2025-26. The 9th Annual General Meeting is scheduled for September 30, 2026.