Medi Assist Healthcare Services Limited — quarter and year ended 31 March 2026
Medi Assist Healthcare Services Limited — Statement of audited consolidated financial results for the quarter and year ended 31 March 2026 (Rs. in millions unless otherwise stated)
| Sr. No. | Particulars | Quarter ended | Year ended |
|---|---|---|---|
| 31 March 2026 (refer note 3) |
31 December 2025 Unaudited (refer note 5) |
||
| 1 | Continuing operations | ||
| Income | |||
| Revenue from operations | 2,419.86 | 2,396.78 | |
| Other income | 12.46 | 75.64 | |
| Total income | 2,432.32 | 2,472.42 | |
| 2 | Expenses | ||
| Employee benefits expense | 1,053.84 | 1,033.74 | |
| Finance costs | 6.50 | 83.89 | |
| Depreciation and amortisation expenses | 209.51 | 211.30 | |
| Other expenses | 883.43 | 916.86 | |
| Total expenses | 2,153.28 | 2,245.79 | |
| 3 | Profit before exceptional items and tax (1-2) | 279.04 | 226.63 |
| 4 | Exceptional items (refer note 16) | – | 141.95 |
| 5 | Profit before tax for the period/ year from continuing operations (3-4) | 279.04 | 84.68 |
| 6 | Income tax expense: | ||
| Current tax | 49.31 | 78.67 | |
| Adjustment for current tax relating to earlier years | – | 7.59 | |
| Deferred tax (credit) (refer note 17) | (315.04) | (42.94) | |
| Total income tax expense (credit) | (265.73) | 43.32 | |
| 7 | Profit for the period/ year from continuing operations (5-6) | 544.77 | 41.36 |
| 8 | Discontinued operations | ||
| Profit/(loss) before tax for the period/ year from discontinued operations | – | – | |
| Tax credit for the period/ year of discontinued operations | – | – | |
| Profit/(loss) for the period/ year from discontinued operations | – | – | |
| 9 | Profit for the period/ year (7+8) | 544.77 | 41.36 |
| 10 | Other comprehensive (loss)/ income | ||
| Items that will not be reclassified subsequently to statement of profit and loss | |||
| Re-measurement of gains/(losses) on defined benefit plans | (38.22) | 18.61 | |
| Fair value changes in equity instruments through other comprehensive income | 1.52 | 1.56 | |
| Income tax relating to items that will not be reclassified to statement of profit and loss | 1.10 | 1.10 | |
| Item that will be reclassified to statement of profit and loss in subsequent periods | |||
| Exchange differences on translation of foreign operations | 11.68 | 3.66 | |
| Total other comprehensive (loss)/ income for the period/ year, net of tax | (23.92) | 24.93 | |
| 11 | Total comprehensive income for the period/ year (9+10) | 520.85 | 66.29 |
| 12 | Profit for the period/ year attributable to: | ||
| Owners of the Company | 534.44 | 41.70 | |
| Non-controlling interest | 10.33 | (0.34) | |
| Profit for the period/ year | 544.77 | 41.36 |
Medi Assist Healthcare Services Limited — Statement of audited consolidated financial results for the quarter and year ended 31 March 2026 (continued)
| Sr. No. | Particulars | Quarter ended | Year ended |
|---|---|---|---|
| 31 March 2026 (refer note 3) | 31 March 2026 Audited | ||
| 13 | Other comprehensive income/(loss) for the period/year attributable to: | ||
| Owners of the Company | (28.59) | 12.85 | |
| Non-controlling interest | 4.67 | 13.88 | |
| Other comprehensive income/(loss) for the period/year | (23.92) | 26.73 | |
| 14 | Total comprehensive income for the period/year attributable to: | ||
| Owners of the Company | 505.85 | 891.75 | |
| Non-controlling interest | 15.00 | 28.09 | |
| Total comprehensive income for the period/year | 520.85 | 919.84 | |
| 15 | Paid up equity share capital (face value of Rs. 5 each) | 373.05 | 373.05 |
| 16 | Other equity | 8,015.98 | |
| 17 | Earnings per equity share (face value of Rs. 5 each) (not annualised except for the year ended 31 March 2026 and 31 March 2025) | ||
| Basic (Rs) – from continuing operations | 7.33 | 12.14 | |
| Diluted (Rs) – from continuing operations | 7.33 | 12.14 | |
| 18 | Earnings per equity share (face value of Rs. 5 each) (not annualised except for the year ended 31 March 2026 and 31 March 2025) | ||
| Basic (Rs) – from discontinued operations | – | – | |
| Diluted (Rs) – from discontinued operations | – | – | |
| 19 | Earnings per equity share (face value of Rs. 5 each) (not annualised except for the year ended 31 March 2026 and 31 March 2025) | ||
| Basic (Rs) | 7.33 | 12.14 | |
| Diluted (Rs) | 7.33 | 12.14 |
Medi Assist Healthcare Services Limited — Audited Consolidated Statement of Assets and Liabilities (Rs. in millions unless otherwise stated)
| Sr. No. | Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|---|
| A. | ASSETS | ||
| 1 | Non-current assets | ||
| Property, plant and equipment | 434.83 | 320.49 | |
| Right-of-use assets | 502.25 | 519.60 | |
| Goodwill | 3,514.40 | 1,299.30 | |
| Other intangible assets | 1,941.22 | 921.71 | |
| Intangible assets under development | 194.40 | 38.66 | |
| Financial assets | |||
| Investments | 52.07 | 30.44 | |
| Other financial assets | 278.12 | 226.55 | |
| Income tax assets (net) | 673.63 | 530.51 | |
| Deferred tax assets (net) | 269.80 | 136.57 | |
| Other non-current assets | 12.11 | 44.66 | |
| Total non-current assets | 7,872.83 | 4,068.49 | |
| 2 | Current assets | ||
| Financial assets | |||
| Investments | 1,527.55 | 2,710.47 | |
| Trade receivables | 2,866.82 | 2,213.58 | |
| Cash and cash equivalents | 546.32 | 830.14 | |
| Bank balances other than cash and cash equivalents above | 317.06 | 1,020.46 | |
| Other financial assets | 157.94 | 425.15 | |
| Other current assets | 436.10 | 313.98 | |
| Total current assets | 5,851.79 | 7,513.78 | |
| Total assets | 13,724.62 | 11,582.27 | |
| B. | EQUITY AND LIABILITIES | ||
| 1 | EQUITY | ||
| Equity share capital | 373.05 | 352.61 | |
| Other equity | 8,015.98 | 5,062.09 | |
| Equity attributable to owners of the Company | 8,389.03 | 5,414.70 | |
| Non-controlling interests | 134.97 | 106.87 | |
| Total equity | 8,524.00 | 5,521.57 | |
| 2 | LIABILITIES | ||
| Non-current liabilities | |||
| Financial liabilities | |||
| Borrowings | – | 133.24 | |
| Lease liabilities | 375.75 | 427.05 | |
| Other financial liabilities | 76.28 | 221.28 | |
| Provisions | 372.18 | 230.82 | |
| Deferred tax liabilities (net) | – | 5.72 | |
| Total non-current liabilities | 824.21 | 1,018.11 | |
| 3 | Current liabilities | ||
| Financial liabilities | |||
| Borrowings | – | 1,367.53 | |
| Lease liabilities | 168.23 | 109.12 | |
| Trade payables | |||
| Total outstanding dues of micro enterprises and small enterprises; and | 130.93 | 79.68 | |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 325.08 | 227.82 | |
| Other financial liabilities | 595.04 | 628.94 | |
| Contract liabilities | 2,801.90 | 2,379.83 | |
| Other current liabilities | 98.63 | 103.61 | |
| Provisions | 230.50 | 129.46 | |
| Current tax liabilities (net) | 26.10 | 16.60 | |
| Total current liabilities | 4,376.41 | 5,042.59 | |
| Total liabilities | 5,200.62 | 6,060.70 | |
| Total equity and liabilities | 13,724.62 | 11,582.27 |
Medi Assist Healthcare Services Limited — Audited Consolidated Statement of Cash Flows (Rs. in millions unless otherwise stated)
| Particulars | For the year ended 31 March 2026 (Audited) | For the year ended 31 March 2025 (Audited) |
|---|---|---|
| Cash flows from operating activities | ||
| Profit before tax for the year from continuing operations | 803.52 | 1,117.87 |
| (Loss) before tax for the year from discontinued operations | – | (0.83) |
| Adjustments: | ||
| Depreciation and amortisation expenses | 771.25 | 557.82 |
| Allowance for expected credit losses on trade receivables | 33.85 | 49.29 |
| Provision for doubtful advances and other receivables | 12.94 | 18.48 |
| Creditors/provisions no longer required written back | (22.60) | (7.70) |
| Gain on modification of lease contracts | (2.13) | (1.43) |
| Employee stock option compensation expense | 32.26 | 15.53 |
| Finance costs | 214.12 | 102.99 |
| Profit on sale of investments in mutual funds | (73.57) | (38.13) |
| Interest income | (81.70) | (120.80) |
| Net gain on financial assets measured at fair value through profit and loss | 6.79 | (57.97) |
| Loss on disposal of property, plant and equipment (net) | 0.47 | 2.64 |
| Net foreign exchange differences (unrealised) | 22.64 | 2.55 |
| Operating profit before working capital changes | 1,717.84 | 1,640.31 |
| Working capital adjustments: | ||
| (Decrease) in trade payables | (114.57) | (108.40) |
| (Decrease)/increase in other liabilities | (322.81) | 421.06 |
| Increase in provisions | 98.83 | 25.17 |
| (Increase) in trade receivables | (296.11) | (476.62) |
| Decrease/(increase) in other assets | 361.65 | (135.72) |
| Cash generated from operations | 1,444.83 | 1,365.80 |
| Income taxes paid (net) | (264.12) | 15.06 |
| Net cash flows from operating activities (A) | 1,180.71 | 1,380.86 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment, other intangible assets including intangible under development and capital advances | (559.22) | (457.93) |
| (Purchase) of/proceeds from sale of non-current investments (net) | (21.75) | 38.53 |
| Payment for acquisition of subsidiaries, net of cash acquired | (4,018.50) | – |
| Proceeds from/(purchase) of investments in mutual funds (net) | 2,279.33 | (1,924.78) |
| Redemption of bank deposits and other bank balances | 677.86 | 26.13 |
| Interest received | 45.94 | 135.61 |
| Net cash flows (used in) investing activities (B) | (1 |