NSEPress Release1 Nov 2026 · 1 Nov 2026, 11:39 pm
Press Release
Medi Assist Healthcare Services Limited · MEDIASSIST
✦ AI Summary▲ PositiveResults
Medi Assist Healthcare Services Limited has announced its financial results for H1 FY27, with operating revenue rising 13.0% YoY to ₹478.0 Cr, operating EBITDA growing 19.0% to ₹97.2 Cr, and EBITDA margins expanding 103 bps to 20.3%. The company remains debt-free, with ₹268.3 Cr in cash and cash equivalents.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Medi Assist Healthcare Services Limited has informed the Exchange regarding a press release dated November 01, 2026, titled "Medi Assist H1 FY27: EBITDA Rises 19.0%; Margins Expand to 20.3% asTechnology Growth and Paramount Integration Drive OperatingLeverage".
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November 1, 2026
Listing Department Department of Corporate Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East), Dalal Street,
Mumbai – 400 051 Mumbai – 400 001
Symbol: MEDIASSIST Scrip Code: 544088
Subject: Press Release
Dear Sir/ Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015,
please find enclosed herewith the Press Release of the Company titled:
“Medi Assist H1 FY27: EBITDA Rises 19.0%; Margins Expand to 20.3% as
Technology Growth and Paramount Integration Drive Operating
Leverage”
Kindly take the same on record.
Yours faithfully,
For Medi Assist Healthcare Services Limited
Rashmi B V
Company Secretary & Compliance Officer
ICSI Membership No: A38729
Encl: As Above
PRESS RELEASE
Medi Assist H1 FY27: EBITDA Rises 19.0%; Margins Expand to 20.3% as
Technology Growth and Paramount Integration Drive Operating
Leverage
1st Nov 2026, BENGALURU, INDIA - Medi Assist Healthcare Services Limited today announced
its financial results for H1 FY27. Operating revenue rose 13.0% YoY to ₹478.0 Cr, while operating
EBITDA grew 19.0% to ₹97.2 Cr. EBITDA margins expanded 103 bps to 20.3%. Total premiums
under management across platform and TPA operations reached ₹24,752 Cr. Profit Before Tax
(PBT) grew 47.0% YoY, and Profit After Tax (PAT) rose 59.5% YoY.
India’s largest group health administrator delivered 13.7% group revenue growth in H1 FY27. The
company remains debt-free, with ₹268.3 Cr in cash and cash equivalents to support strategic
investment and financial resilience.
“Medi Assist is advancing access, accountability and affordability in healthcare. Insurer adoption of
our technology, key government mandates and Mayfair’s international expansion reinforce our
growth momentum and commitment to reliable, transparent service.
With Paramount fully integrated, our core platform generates strong cash flows to fund growth. The
Board-approved buyback reflects disciplined capital allocation and confidence in long-term earnings,
while preserving liquidity for investment,” said Satish Gidugu, CEO & Whole Time Director.
Key Highlights
· Core TPA Stability & Market Leadership
o Market Leadership: Group health benefits market share reached 34.1% (+182 bps YoY),
with 90.5% client retention. Group premiums under management grew 21.8% YoY to
₹13,939 Cr in H1 FY27, outpacing industry growth by 650 bps.
o Retail Hybrid Transition: The shift to a hybrid model brings accessible retail premiums
across TPA and Platform models to 34.1% of the market.
o Margin Expansion: With integration costs falling away, profitability growth outpaced
revenue growth. EBITDA margins reached 20.4% in Q2 FY27 (+331 bps) and 20.3% in
H1 FY27 (+103 bps).
· Technology Monetisation Accelerates
o Revenue Growth: SaaS and licensing revenue grew 112.6% in Q2 FY27 and 83.8%
YoY to ₹18.1 Cr in H1 FY27.
o Insurer Adoption: Three of seven contracted insurers are fully live on the stack, with the
remaining four scheduled to go live in H2 FY27.
o Platform Scale: Claim-based fees are scaling with volume, supported by ₹9,648 Cr in
platform premiums in H1 FY27.
· ₹304 Cr in Fraud, Waste and Abuse Prevented: MAven Guard identified and stopped ₹304
Cr in fraud, waste and abuse (FWA), protecting insurer loss ratios and ecosystem value.
· International Expansion via Mayfair: Mayfair We Care reported revenue of ₹10.7 Cr in Q2
FY27 (+7.7%) and ₹20.7 Cr in H1 FY27 (+1.1%). Platform go-lives in Thailand, Laos and
Cambodia, alongside multi-insurer travel partnerships covering ~50% of Indian travel
premiums, provide a foundation for margin expansion and portfolio scaling in H2 FY27.
Capital Allocation: Share Buyback of up to ~₹49.3 Cr Approved
The Board of Directors approved a share buyback of up to ~₹49.3 Cr, funded entirely from internal
operating cash flows. Using less than a fifth of accumulated cash reserves, the buyback is intended
to enhance Return on Equity (RoE) while preserving ample liquidity for product development and
international growth.
Medi Assist enters H2 FY27 with Paramount fully integrated, technology revenue scaling and an
expanding international footprint. Market leadership, stronger margins and disciplined capital
allocation position the company to advance healthcare affordability and deliver sustained long-term
value.
About Medi Assist Healthcare Services Limited ('Medi Assist')
Medi Assist provides health benefits administration services, technology platforms, and innovative
offerings to the health insurance ecosystem. Through its wholly owned subsidiary, Medi Assist TPA,
the Company acts as a facilitator between (a) insurance companies and policyholders, (b) insurance
companies and healthcare providers, and (c) government bodies and scheme beneficiaries.
Through Mayfair We Care, the Company provides international health benefits administration
globally across 185 countries.
Medi Assist is listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).
Safe Harbor / Disclaimer
This document contains forward-looking statements based on management's current expectations,
which involve risks and uncertainties. Actual results may differ materially. The Company undertakes
no obligation to publicly update forward-looking statements.
For Investor Queries: investor.relations@mediassist.in
For Media Queries: sharmistha.roy@mediassist.in
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