India · Delayed Price · Currency is INR Medi Assist Healthcare Services Earnings Call Transcripts
Fiscal Year 2026
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Achieved strong double-digit growth in revenue and EBITDA, became debt-free, and expanded technology and international segments. AI-driven platforms processed nearly 1 million claims monthly, with significant fraud prevention and successful integration of Paramount TPA.
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Nine-month revenue grew 24% with strong margin expansion and a debt-free balance sheet. Paramount integration and AI-driven tech adoption are accelerating, with tech revenues up 81.5% year-on-year and significant fraud prevention achieved. Group and government segments led growth.
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Premiums under management grew 20.2% year-on-year, with strong group and retail segment gains. Profitability was impacted by Paramount integration and higher depreciation, but margin normalization and debt-free status are targeted within four to five quarters.
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Premiums under management grew 18.5% YoY to INR 7,076 crore, with strong group and international business growth, while retail remained flat due to portfolio shifts. EBITDA margin improved to 22%, and the Paramount acquisition is set to drive further scale from Q2.
Fiscal Year 2025
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Delivered double-digit revenue and profit growth in FY25, outpacing industry in group and retail segments. Expanded technology-driven offerings, secured regulatory approval for Paramount TPA acquisition, and maintained strong margins and cash flow.
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Premium under management grew 16.6% year-over-year to INR 15,829 crore, with strong gains in both group and retail segments. EBITDA margin reached 21.3%, and PAT rose 53.6% year-over-year, aided by operational efficiencies and a one-time tax benefit. Paramount TPA acquisition and continued tech investments are set to drive future growth.