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

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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


























