Summary

Medi Assist Healthcare Services Limited, a leading technology-driven health benefits administrator, reported its financial results for Q2 and H1-FY26. The company's operating revenue grew by 21.4% y-o-y and EBITDA for H1-FY26 grew by 10.9% y-o-y. The company administered a total premium under management of INR 12,719 crore as of 30th September 2025, representing a growth of 20.2% y-o-y.

Key Highlights

1. 1

   Operating Revenue for H1-FY26 grew by 21.4% y-o-y

2. 2

   EBITDA for H1-FY26 grew by 10.9% y-o-y

3. 3

   Total Premium under Management (PUM) was INR 12,719 crore as on 30th Sep’2025, a growth of 20.2% y-o-y

4. 4

   Group PUM was INR 11,447 Cr, a growth of 22.5% y-o-y

5. 5

   Retail PUM was INR 1,272 Cr, a growth of 2.6% y-o-y

6. 6

   Market share in terms of health insurance premium administered (Group + Retail), of the total health premium in India, was 21.3% as on 30th Sep’2025

7. 7

   Share of Private / SAHI insurers in the total portfolio of PUM administered increased to 29.4% for H1-FY26

8. 8

   Average claim size growth for Medi Assist continues to be substantially lower at 4.4% as against industry Medical inflation of 10-12%