Medi Assist Healthcare Services Ltd

Medi Assist Q1-FY2026: Strong Growth in Premiums, Market Share & AI-Driven Expansion 📈🏥

- Acquired Paramount Health Services & Insurance TPA for ₹412.4 Cr, expanding network to 19 exclusive insurer adoptions.

- Total PUM reached ₹7,076 Cr (+18.5% YoY), with Group PUM at ₹6,527 Cr (+20.4% YoY) and Retail PUM at ₹549 Cr (+0.2% YoY).

- Market share in health insurance premiums rose to 23.1% (from 21.3% YoY), with Group segment share up to 33.2% (from 30.2%).

- Private/SAHI insurers’ PUM share grew to 28.3%, with Retail PUM for these insurers surging 88.9% YoY.

- Group account retention rate held strong at ~93.4%.

- Fraud, Waste, and Abuse (FWA) savings tripled YoY to ~₹160 Cr.

- Total Income: ₹198 Cr (+14.5% YoY); Operating Revenue: ₹190.6 Cr (+13.6% YoY).

- EBITDA (excl. other income): ₹42 Cr (+19.3% YoY), with a 22% margin on Operating Revenue.

- PAT grew 18.7% YoY to ₹22.6 Cr (11.4% margin on Total Income).

- Net Cash: ₹312.6 Cr; Net Worth: ₹577.4 Cr.

- Partnered with Star Health to deploy AI-driven claims platform, MAtrix.

- Mayfair We Care revenue from Indian insurers jumped to 56.1% (from 35.7% YoY).