QMS Medical gets NSE in-principle approval for main board migration

2 min read     Updated on 04 Jun 2026, 05:57 AM
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QMS Medical Allied Services secured in-principle approval from NSE on June 03, 2026 to migrate its listing from the SME platform to the main board, following board approval of the Information Memorandum. For FY26, the company reported a 13% decline in consolidated net profit to ₹1,191.68 lakh, even as revenue from operations rose 11% to ₹17,287.65 lakh, with the board recommending a final dividend of ₹0.50 per share.

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QMS Medical Allied Services received in-principle approval from the National Stock Exchange of India (NSE) on June 03, 2026, to migrate its equity shares listing from the SME Platform (EMERGE) to the main board. This development follows the board's earlier approval of the Information Memorandum for this strategic migration during its meeting on May 30, 2026. The move aims to provide greater liquidity and visibility for the company's shares in the capital markets.

The company had previously reported its financial results for the year ended March 31, 2026, showing a 13% decline in consolidated net profit to ₹1,191.68 lakh despite an 11% rise in revenue from operations to ₹17,287.65 lakh. The board had recommended a final dividend of ₹0.50 per share, subject to shareholder approval.

Consolidated Financial Performance

Rising expenses impacted the consolidated bottom line during FY26, with total expenses increasing to ₹15,748.97 lakh from ₹13,906.78 lakh in the previous year. Profit before tax stood at ₹1,643.99 lakh compared to ₹1,866.21 lakh in FY25. Profit attributable to owners of the company declined to ₹1,013.21 lakh from ₹1,209.23 lakh, while non-controlling interest accounted for ₹178.47 lakh. Basic and diluted earnings per share (EPS) fell to ₹5.40 from ₹6.65.

Particulars: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue From Operations: 17,287.65 15,601.41
Other Income: 105.31 171.58
Total Income: 17,392.96 15,772.99
Total Expenses: 15,748.97 13,906.78
Profit Before Tax: 1,643.99 1,866.21
Net Profit (Total): 1,191.68 1,369.84
Profit Attributable to Owners: 1,013.21 1,209.23
Profit Attributable to NCI: 178.47 160.61
Basic EPS (₹): 5.40 6.65

Standalone Financial Performance

On a standalone basis, net profit fell to ₹669.08 lakh from ₹1,042.06 lakh in FY25. Revenue from operations grew to ₹15,229.73 lakh from ₹14,486.74 lakh, while total expenses rose to ₹14,319.98 lakh from ₹13,090.15 lakh. Profit before tax was ₹945.22 lakh, down from ₹1,442.17 lakh in the prior year.

Particulars: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue From Operations: 15,229.73 14,486.74
Total Income: 15,265.20 14,532.32
Total Expenses: 14,319.98 13,090.15
Profit Before Tax: 945.22 1,442.17
Net Profit: 669.08 1,042.06
Basic EPS (₹): 3.56 5.73

Corporate Actions and Auditor Details

The board recommended a final dividend of 5%, or ₹0.50 per equity share, for FY26, pending shareholder approval. It also approved the re-appointment of M/s. Khushbu Parekh & Co., Chartered Accountants, as internal auditors for FY 2026-27. H.H. Dedhia And Associates, the statutory auditors, issued an unmodified opinion on the financial statements. The consolidated results include subsidiary Saarthi Healthcare Private Limited, which reported total assets of ₹4,328.44 lakh as of March 31, 2026.

Historical Stock Returns for QMS Medical Allied Services

1 Day5 Days1 Month6 Months1 Year5 Years
+3.23%+0.46%-2.44%-4.62%+2.09%-31.62%

How will the migration to the main board impact the company's cost of capital and ability to raise future funds?

What specific measures does QMS Medical plan to implement to curb rising expenses and restore profit margins?

Will the increased visibility from the main board listing attract strategic partnerships or acquisitions for the company?

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QMS Medical Allied Services Schedules Q4 & FY26 Earnings Conference Call for June 4, 2026

1 min read     Updated on 01 Jun 2026, 10:47 PM
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QMS Medical Allied Services Limited has announced its Q4 & FY26 Earnings Conference Call, scheduled for Thursday, June 4, 2026, at 11:00 AM IST. The call pertains to the company's financial results for the half year ended March 31, 2026, and was intimated to the National Stock Exchange of India Ltd. pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015. The call will be represented by Chairman & Managing Director Mr. Mahesh Makhija and Director Compliance Mr. Mohit Tamhankar. Dial-in details are available on the company's website.

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QMS Medical Allied Services Limited has announced the scheduling of its Q4 & FY26 Earnings Conference Call, pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The call will cover the company's financial results for the half year ended March 31, 2026. The intimation was filed with the National Stock Exchange of India Ltd. and signed by Company Secretary and Compliance Officer Toral Bhadra on May 30, 2026.

Earnings Call Details

The following key details have been disclosed for the upcoming earnings conference call:

Parameter: Details
Event: Q4 & FY26 Earnings Conference Call
Date: Thursday, June 4, 2026
Time: 11:00 AM IST
Financial Period: Half year ended March 31, 2026
Regulatory Basis: Regulation 30(6), SEBI (LODR) Regulations, 2015

Management Representatives

The earnings call will feature participation from senior company leadership:

  • Mr. Mahesh Makhija — Chairman & Managing Director
  • Mr. Mohit Tamhankar — Director Compliance

Investor Relations Contact

For further information regarding the earnings call, investors and analysts may reach out to the designated investor relations contacts:

Contact: Details
Ankit Jain: ankit@stellar-ir.com
Shruti Vasani: shruti@stellar-ir.com
Contact No.: +91 22 6239 8024

Dial-in details for the conference call are available on the company's official website at www.qmsmas.com . The filing was submitted from Mumbai and is in compliance with applicable SEBI disclosure requirements.

Historical Stock Returns for QMS Medical Allied Services

1 Day5 Days1 Month6 Months1 Year5 Years
+3.23%+0.46%-2.44%-4.62%+2.09%-31.62%

What strategic initiatives is QMS Medical Allied Services planning to drive growth in FY27?

How will the company address potential market challenges in the healthcare sector over the next year?

What are the expected revenue and profit margins for the upcoming fiscal year based on current trends?

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