Quarterly Result7 Feb 2026, 07:41 pm
Medi Assist Achieves 24% Revenue Growth, Boosts Margins 154 bps QOQ and Goes Debt-Free
AI Summary
Medi Assist Healthcare Services Limited, a leading technology-driven health benefits administrator, reported strong Q3 and 9M FY26 results. The company saw a 24% YoY increase in operating revenue, a 21.7% EBITDA (ex-Paramount), and a significant reduction in debt, becoming debt-free from Jan '26 onwards. Premium growth was 21.9% YoY, with the company's market share expanding to 21.1%. Medi Assist's proprietary technology offerings also saw a surge, with revenues growing 81.5% YoY. The company is focused on penetrating high-growth areas and scaling innovative technology.
Key Highlights
- 24% YoY increase in operating revenue
- EBITDA of 21.7% (ex-Paramount)
- Debt reduced to INR 39.4 Cr and company became debt-free
- 21.9% YoY growth in total group + retail premiums administered
- 81.5% YoY growth in revenues from proprietary technology offerings