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 for FY25, outpacing industry in group, retail, and government segments. Technology investments and service unbundling drove margin expansion and operational efficiencies, while regulatory approval for the Paramount acquisition strengthens future positioning.
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Premium under management grew 16.6% year-on-year, with strong gains in both group and retail segments. EBITDA margin reached 21.3%, and PAT rose 53.6% year-on-year, aided by operational efficiencies and one-time tax benefits. Paramount TPA acquisition is pending regulatory approval.