Medistep Healthcare FY26 net profit rises 44% to ₹598.30 lakh

2 min read     Updated on 02 Jun 2026, 12:42 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Medistep Healthcare reported a 44.4% increase in net profit to ₹598.30 lakh for FY26, with revenue rising 42.6% to ₹7,083.10 lakh. The board approved the audited results, which received an unmodified opinion from statutory auditors. The company utilized ₹1,559.17 lakh of its IPO proceeds for working capital and corporate purposes.

powered bylight_fuzz_icon
41886699

*this image is generated using AI for illustrative purposes only.

Medistep Healthcare reported a 44.4% increase in net profit to ₹598.30 lakh for the financial year ended March 31, 2026, driven by a 42.6% rise in revenue from operations to ₹7,083.10 lakh. The board approved the standalone audited financial results at its meeting held on May 30, 2026. The statutory auditors issued an unmodified opinion on the results for the year ended March 31, 2026.

Revenue from operations for the year ended March 31, 2026, stood at ₹7,083.10 lakh, compared to ₹4,965.48 lakh in the previous year. Total income for the period rose to ₹7,085.36 lakh from ₹4,965.86 lakh in FY25. Total expenses increased to ₹6,285.83 lakh from ₹4,412.09 lakh in the corresponding period of the previous year.

Financial Performance

The company’s profit before tax for FY26 was ₹799.53 lakh, up from ₹553.77 lakh in the previous year. Following a tax expense of ₹201.23 lakh, the net profit for the year was recorded at ₹598.30 lakh. Earnings per share (EPS) for the year increased to ₹4.68 from ₹4.01 in the prior year.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations 7,083.10 4,965.48
Total income 7,085.36 4,965.86
Total expenses 6,285.83 4,412.09
Profit before tax 799.53 553.77
Net profit 598.30 414.40
Earnings per share (₹) 4.68 4.01

IPO Proceeds Utilization

The company issued 37,44,000 equity shares of ₹10 each at a premium of ₹33 each via a public issue, listing on the EMERGE Platform of the National Stock Exchange of India Limited on August 18, 2025. As of March 31, 2026, the company had utilized ₹1,559.17 lakh of the total IPO proceeds of ₹1,609.92 lakh.

Object of the Issue Amount Allotted (₹ in Lakhs) Amount Utilized (₹ in Lakhs)
Working Capital Requirement 1,234.17 1,234.17
General corporate purpose 164.01 164.01
Public issue related expenses 160.99 160.99
Capital Expenditure Requirement 50.75 -
Total 1,609.92 1,559.17

Assets and Liabilities

The total assets of the company as of March 31, 2026, stood at ₹5,029.71 lakh, a significant increase from ₹2,300.08 lakh in the previous year. Shareholders' funds rose to ₹3,782.46 lakh from ₹1,735.22 lakh, driven by an increase in share capital and reserves. Current assets, including inventories and trade receivables, totaled ₹5,015.97 lakh, while current liabilities amounted to ₹1,244.79 lakh.

Historical Stock Returns for Medistep Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.58%-14.61%-25.35%-62.86%-62.86%

How does Medistep plan to utilize the remaining unspent IPO proceeds for capital expenditure?

What strategies will the company implement to sustain the 42% revenue growth rate in the next fiscal year?

Will the significant increase in current assets impact the company's working capital management efficiency?

Medistep promoters confirm no share encumbrance for FY26

0 min read     Updated on 21 May 2026, 11:05 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Medistep Healthcare Limited disclosed to the National Stock Exchange that its promoters did not create any encumbrance on their shares during the financial year ended March 31, 2026. The declaration, signed by Promoter Girdharilal Prajapat on April 2, 2026, was submitted in compliance with Regulation 31(4) of the SEBI (SAST) Regulations, 2011.

powered bylight_fuzz_icon
40887334

*this image is generated using AI for illustrative purposes only.

Medistep Healthcare Limited has communicated to the National Stock Exchange of India Ltd. that its promoters have not encumbered any shares held by them during the financial year ended March 31, 2026. This disclosure was submitted to the exchange on April 2, 2026, in accordance with regulatory requirements.

Declaration Details

The declaration was filed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation requires promoters to confirm whether they have created any encumbrance, directly or indirectly, on their shareholding during the relevant financial year.

Particulars Details
Regulation Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Year Year ended March 31, 2026
Encumbrance Status No encumbrance made directly or indirectly
Declaration Date April 2, 2026

Promoter Confirmation

The confirmation was provided on behalf of all promoters of the company. Girdharilal Prajapat, a Promoter of Medistep Healthcare Limited , signed the declaration. The document explicitly states that no shares held by the promoters were subject to any encumbrance during the specified period. The company has requested the exchange to place this information on record.

Historical Stock Returns for Medistep Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.58%-14.61%-25.35%-62.86%-62.86%

How does Medistep Healthcare's clean promoter shareholding record influence institutional investor confidence and potential future fundraising activities?

Could the absence of promoter share encumbrances signal upcoming strategic expansions or acquisitions by Medistep Healthcare in the coming fiscal year?

How does Medistep Healthcare's promoter shareholding stability compare to peers in the Indian healthcare sector, and what does this mean for its competitive positioning?

1 Year Returns:-62.86%