Medi Assist Healthcare Services Ltd

Medi Assist Healthcare Services Limited announced the appointment of Ms. Aruna Vaidyanathan as a Senior Management Personnel, effective November 4, 2026, following a recommendation from the Nomination & Remuneration Committee. Ms. Vaidyanathan, who previously served as the Global Head of Growth Marketing at Tata Consultancy Services (TCS), brings over three decades of experience in marketing, media, and corporate communications.

Medi Assist Healthcare Services Ltd share price softened by 0.55% to Rs 296.75 after the company's net profit witnessed a sharp fall of 21.81% to Rs 21.58 crore, while revenue from operations improved marginally 2.11% to Rs 241.51 crore in Q3FY26 over Q2FY26. The market capitalization of Insurance Distributors industry group stocks on BSE stood at Rs 2674.33 crore, gaining 2.11%. It has inched up 4.49% over last one week and collapsed sharply by 17.11% in last one month while the market capitalization of Medi Assist Healthcare Services Ltd has improved by 4.49% and 17.11% in the same period respectively. Profit before tax (PBT) of Medi Assist Healthcare Services Ltd stood at Rs 29.73 crore in Q3 FY26, jumping 120.71% year-on-year, and dropping 14.84% quarter-on-quarter. EBITDA came in at Rs 45 crore, rallying 21.21% YoY and surging by 20.95% sequentially. Total expenses grew marginally by 1.77% to Rs 214.07 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 103.59 crore, ticking higher by 0.32% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 25.09% to Rs 904.77 crore, while net profit slipped by 2.50% to Rs 89.31 crore, compared to previous TTM. EBITDA soared by 15070% to Rs 154.97 crore, and PBT plunged by 28.12% to Rs 80.35 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 118.07 crore in FY26, as against Rs 138.09 crore in FY25. Medi Assist Healthcare Services Ltd crashed 47.66% in last one year, underperforming the benchmark BSE Sensex which has slipped by 11.78% during the same period.

CARE Ratings Ltd.’s monitoring report, released October 20, 2026, indicates Mediated Healthcare has utilized Rs 155.97 crore of the Rs 198 crore raised through an earlier offer document. Approximately Rs 148.40 crore has been invested in a subsidiary for debt prepayment, leaving Rs 1.60 crore unutilized, while Rs 7.57 crore has been allocated to general corporate purposes, including Rs 2.85 crore for acquiring an additional stake in Mayfair We Care Limited, UK. The remaining Rs 42.03 crore is held in liquid funds across Aditya Birla Sun Life, Axis, ICICI Prudential, and Nippon India. While the investment in the subsidiary and general corporate purposes are ongoing, the report notes the timelines, initially set for within two years from October 10, 2025, are still in progress. A portion of the funds for the UK acquisition was reimbursed through mutual fund redemptions and a transfer from the subsidiary, a detail highlighted in the report.

Medi Assist Healthcare Services Limited announced that its board has approved a buyback of up to 11,59,199 fully paid-up equity shares, representing 1.55% of its equity share capital, at a price of INR 425 per share, for a total amount not exceeding INR 49,26,59,575. The buyback will be conducted through a “tender offer” route, with November 20, 2026, set as the record date, and the company’s promoters and members of the promoter group intend not to participate in the program.

Medi Assist Healthcare Services Limited announced that its board has approved a buyback of up to 11,59,199 fully paid-up equity shares, representing 1.55% of its total equity share capital, at a price of INR 425 per share, for a total amount not exceeding INR 49,26,59,575. The buyback will be conducted through a “tender offer” route, with November 20, 2026, set as the record date, and the company’s promoters and members of the promoter group intend not to participate in the program.

Medi Assist Healthcare Services Limited will hold a board meeting on Friday, October 30, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, and a proposal for a buyback of fully paid-up equity shares with a face value of Rs 5 each, according to a regulatory filing. The trading window for company insiders will be closed from October 1, 2026, to November 1, 2026.

Medi Assist Healthcare Services Limited will close its trading window for securities transactions for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter and half year ending September 30, 2026, in compliance with SEBI regulations.

Medi Assist Healthcare Services Ltd share price slipped 0.82% to Rs 364.55 after the company's net profit tanked by 49.34% to Rs 27.6 crore, while revenue from operations eased by 2.26% to Rs 236.52 crore in Q2FY26 over Q1FY26. The market capitalization of Insurance Distributors industry group stocks on BSE stood at Rs 2817.75 crore, declining 2.26%. It has inched up 1.83% over last one week and dipped slightly by 3.35% in last one month while the market capitalization of Medi Assist Healthcare Services Ltd has marginally improved by 1.83% and 3.35% in the same period respectively. Profit before tax (PBT) of Medi Assist Healthcare Services Ltd stood at Rs 34.91 crore in Q2 FY26, climbing 14.42% year-on-year, and jumping 25.13% quarter-on-quarter. EBITDA came in at Rs 38 crore, easing 8.06% YoY and crashing by 17.59% sequentially. Total expenses marginally dropped 2.02% to Rs 210.35 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 103.26 crore, registering a marginal contraction of 2.01% YoY. For the TTM ended FY26, revenue from operations rose 13.96% to Rs 723.32 crore, while net profit soared by 28.47% to Rs 91.6 crore, compared to previous TTM. EBITDA jumped by 12669% to Rs 130.35 crore, and PBT jumped 32.47% to Rs 111.79 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 138.09 crore in FY26, as against Rs 66.38 crore in FY25. Medi Assist Healthcare Services Ltd tumbled by 33.08% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.63% during the same period.

Medi Assist Healthcare Services Limited announced the appointment of Gaurav Bhatnagar as a Senior Managerial Personnel, effective August 8, 2026, following a recommendation from the Nomination & Remuneration Committee. Bhatnagar has joined Medi Assist Insurance TPA Private Limited, a subsidiary of Medi Assist Healthcare Services Limited, as Chief TPA Officer.

Medi Assist Healthcare Services Limited announced that Dr. Vikram Jit Singh Chhatwal will step down as Whole-Time Director and continue as a Non-Executive, Non-Independent Director and Chairman, effective August 08, 2026, a move approved by the company's Board of Directors to align governance and succession planning.