QMS Medical FY26 profit falls 13%, revenue rises 11%
QMS Medical Allied Services reported a 13% decline in consolidated net profit to ₹119.17 crore for FY26, despite an 11% increase in revenue to ₹172.9 crore. Rising expenses led to a drop in profit before tax to ₹164.40 crore. The board recommended a final dividend of ₹0.50 per share and approved the re-appointment of internal auditors.

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QMS Medical Allied Services reported a 13% decline in consolidated net profit to ₹119.17 crore for the year ended March 31, 2026, despite an 11% rise in revenue from operations to ₹172.9 crore. Rising expenses impacted the bottom line, with total expenses increasing to ₹157.49 crore from ₹139.07 crore in the previous year. Profit before tax stood at ₹164.40 crore compared to ₹186.62 crore in FY25. The company released its investor presentation for Q4 and FY26 on June 04, 2026, detailing its operational highlights and strategic initiatives.
The board, in its meeting held on May 30, 2026, recommended a final dividend of ₹0.50 per equity share, or 5%, subject to shareholder approval. H.H. Dedhia And Associates, the statutory auditors, issued an unmodified opinion on the financial statements. The board also approved the re-appointment of M/s. Khushbu Parekh & Co., Chartered Accountants, as internal auditors for FY 2026-27 and the Information Memorandum for migration from the NSE Emerge platform to the main board.
Consolidated Financial Performance
Profit attributable to owners of the company declined to ₹101.32 crore from ₹120.92 crore, while non-controlling interest accounted for ₹17.85 crore. Basic and diluted earnings per share (EPS) fell to ₹5.40 from ₹6.65. The consolidated results include subsidiary Saarthi Healthcare Private Limited, which reported total assets of ₹43.28 crore as of March 31, 2026.
| Particulars | FY26 (₹ in Cr) | FY25 (₹ in Cr) |
|---|---|---|
| Revenue From Operations | 172.9 | 156.0 |
| Other Income | 1.1 | 1.7 |
| Total Income | 173.9 | 157.7 |
| Total Expenses | 157.5 | 139.1 |
| Profit Before Tax | 16.4 | 18.7 |
| Net Profit (Total) | 11.9 | 13.7 |
| Profit Attributable to Owners | 10.1 | 12.1 |
| Basic EPS (₹) | 5.40 | 6.65 |
Standalone Financial Performance
On a standalone basis, net profit fell to ₹66.91 crore from ₹104.21 crore in FY25. Revenue from operations grew to ₹152.30 crore from ₹144.87 crore, while total expenses rose to ₹143.20 crore from ₹130.90 crore. Profit before tax was ₹94.52 crore, down from ₹144.22 crore in the prior year.
| Particulars | FY26 (₹ in Cr) | FY25 (₹ in Cr) |
|---|---|---|
| Revenue From Operations | 152.3 | 144.9 |
| Total Income | 152.7 | 145.3 |
| Total Expenses | 143.2 | 130.9 |
| Profit Before Tax | 94.5 | 144.2 |
| Net Profit | 66.9 | 104.2 |
| Basic EPS (₹) | 3.56 | 5.73 |
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0FMW01018/b68f1e4202d24b21.pdf
Historical Stock Returns for QMS Medical Allied Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.65% | +1.49% | +16.59% | +13.22% | +23.22% | -20.64% |
What specific cost-control measures will QMS Medical implement to reverse the trend of rising expenses impacting net profit?
How will the migration from the NSE Emerge platform to the main board impact the company's liquidity and shareholder base?
What strategic initiatives outlined in the investor presentation are expected to drive revenue growth in FY27?

























