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Earnings Call Transcript

QMS Medical Allied Services Earnings Call Transcript: Key Takeaways

Q1 FY27 saw 22% YoY revenue growth driven by service expansion. Successful migration to NSE main board and planned 100% acquisition of Saarathi Healthcare highlight strategic scale-up in Patient Support Programs (PSP).

Guidance and delivery
Management target Revenue 100.0% FY27
Highlights
Revenue growth22% YoY; 28% QoQ.
MarginsEBITDA margin improved to 14.6% from 14.1% YoY.
Order bookAnnual cost-plus contracts; ₹90-100 Cr service revenue visibility.
Demand visibilityStrong; shifting revenue mix towards higher-margin services (40% vs 30% YoY).
Management confidenceHigh; bullish on healthcare industry and integrated PSP-camps model.

Growth

Consolidated revenue grew 22% YoY to ₹56.9 Cr; PAT rose 25% YoY to ₹4 Cr; EBITDA grew 27% to ₹8.3 Cr.

Outlook

Maintains FY27 revenue guidance of ₹220 Cr; targets 18% EBITDA margin. PSP revenue visibility at ₹90-100 Cr for FY27.

Risks

Higher employee costs due to upfront hiring for new PSP contracts; reliance on pharmaceutical company marketing budgets.

Last quarter's promises, checked

Delivered

  • Guided FY26 Revenue ~INR173 Cr → delivered INR172.9 Cr (= BEAT)
  • Guided 15% EBITDA margin for FY26 → delivered 15% (= BEAT)
  • Guided doubling service revenue → delivered 31% mix (INR50+ Cr) (= BEAT)

Partly delivered

  • Guided INR13-16 Cr camp revenue → delivered INR13 Cr (= PARTIAL)

Missed

  • Guided 17% EBITDA margin earlier in FY26 → delivered 15% (= MISS)
Source

Earnings Call Transcript 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
₹170.59
Market cap
₹329.9 Cr
Revenue (annual)
₹172.9 Cr
Net profit (annual)
₹11.92 Cr
P/E (TTM)
27.7×Sector 54.5×
Promoter holding
68.11%+0.00% QoQ
FII holding
0.41%Current quarter

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

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