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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.

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

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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
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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.

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