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Medi Assist Makes Q3 FY26 Earnings Call Recording Available Following Strong Results

Medi Assist Healthcare Services Limited reported strong Q3 FY26 performance with 24% revenue growth and debt-free status from January 2026. The company has made available its earnings call recording from February 09, 2026, discussing unaudited results for the quarter and nine months ended December 31, 2025, in compliance with SEBI regulations.

30Jan 26

Medi Assist Healthcare Services Schedules Board Meeting for February 6, 2026 to Consider Q3FY26 Financial Results

Medi Assist Healthcare Services Limited has scheduled its Board of Directors meeting for February 6, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025. The company has notified stock exchanges under SEBI listing regulations, with trading window restrictions in effect from January 1, 2026, until 48 hours after results declaration. An earnings conference call is planned for February 9, 2026, at 08:30 am IST, featuring senior management including Chairman Dr. Vikram Chhatwal, CEO Mr. Satish Gidugu, and CFO Mr. Sandeep Daga.

29Jan 26

Medi Assist Healthcare Services Announces Statutory Auditor's Conversion to LLP Structure

Medi Assist Healthcare Services Limited has announced that its statutory auditor MSKA & Associates has converted to a Limited Liability Partnership structure, now operating as MSKA & Associates LLP with ICAI registration number 105047W/W101187. The conversion, effective January 29, 2026, does not affect the existing audit engagement, and the firm will continue serving as statutory auditors for the remaining appointment tenure.

29Dec 25

Medi Assist Healthcare Services Approves Subsidiary Merger to Enhance Operations

Medi Assist Healthcare Services has received board approval for the merger of two wholly owned subsidiaries - Paramount Health Services & Insurance TPA Private Limited and Medi Assist Insurance TPA Private Limited. The merger, approved under Section 233 of the Companies Act 2013, involves no cash consideration and aims to achieve operational synergies, streamline group structure, and enhance cost efficiency through rationalization of resources.

21Nov 25

Medi Assist Revolutionizes Health Benefits with AI-Powered Platforms

Medi Assist Healthcare Services Limited has introduced two AI-powered platforms, MAven Guard and MAgnum, to enhance cashless healthcare processes and combat fraud, waste, and abuse in the health insurance sector. The company has achieved significant improvements in cashless discharges, provider network expansion, and digital claim submissions. A report in collaboration with Boston Consulting Group estimates ₹8,000–10,000 crore annual losses due to fraud, waste, and abuse in claim payouts. The initiative aims to create a more efficient and trusted health benefits ecosystem in India.

19Nov 25

Medi Assist's Paramount TPA Overcomes Cybersecurity Incident

Medi Assist Healthcare Services Limited reported a cybersecurity incident affecting its subsidiary, Paramount Health Services & Insurance TPA Private Limited (Paramount TPA). The incident impacted some of Paramount TPA's systems and services but was confined to this subsidiary. The company's technical team, along with experts, took swift action to mitigate the impact. All affected infrastructure and systems have been restored, and business operations have returned to normal. Relevant authorities have been notified of the incident. Medi Assist's management is closely monitoring the situation, demonstrating commitment to cybersecurity and operational stability.

11Nov 25

Medi Assist Healthcare Reports Strong Q2 FY26 Performance with Revenue Growth and Market Share Gains

Medi Assist Healthcare Services Limited reported robust growth for Q2 and H1 FY26. Overall revenue increased by 11.30% in Q2 and 11.20% in H1. Tech Services segment saw 88% growth in Q2. Market share in health insurance premium administration rose to 20.30%. Q2 PAT was Rs 8.10 crores, affected by the Paramount acquisition. Customer retention remained strong at 93.40%. The company's share of Private/SAHI insurers in total PUM administered increased to 29.10%. Group and Retail segment PUM for Private/SAHI insurers outpaced industry growth. Implementation of MAtrix platform at Star Health is ongoing, with volume ramp-up expected from Q4FY26.

05Nov 25

MediAssist Healthcare Approves Rs 5 Crore Stand-By Letter of Credit for UK Subsidiary

MediAssist Healthcare Services Limited's Board approved a Stand-By Letter of Credit up to Rs 5 crores for its UK subsidiary, Mayfair WeCare Limited. This supports a strategic arrangement to offer services for overseas medical claims and travel/health insurance policies. The company also reported Q2 FY2026 results with operating revenue growth of 21.40% year-on-year for H1 FY2026, reaching Rs 423.10 crore. Total Premium under Management grew 20.2% to Rs 12,719 crore, and market share in health insurance premium administration increased to 21.3%. MediAssist completed the acquisition of Paramount Health Services and partnered with Star Health & Allied Insurance Co.

05Nov 25

MediAssist Healthcare Reports 21% Revenue Growth in H1 FY2025-26 Amid Mixed Results

Medi Assist Healthcare Services Limited reported a 21% year-over-year revenue growth for H1 FY2025-26, with revenue reaching ₹4,231.03 million. While Adjusted EBITDA increased to ₹817.30 million, profit from continuing operations decreased to ₹306.98 million. The company completed the acquisition of Paramount Health Services and raised ₹1,980.04 million through private placement. Medi Assist also disclosed a regulatory search operation at its subsidiary related to the Ayushman Bharat health scheme.

10Oct 25

Medi Assist Healthcare Services Secures INR 198 Crore Investment from MIT and Affiliate

Medi Assist Healthcare Services has raised ₹198 crores through a preferential allotment of equity shares. Massachusetts Institute of Technology invested ₹154.66 crores for 28,90,830 shares, while 238 Plan Associates LLC invested ₹43.34 crores for 8,10,170 shares, at ₹535 per share. This increased the company's paid-up capital from ₹35.32 crores to ₹37.18 crores, with total outstanding shares rising from 7.06 crore to 7.44 crore. The move follows recent acquisitions and collaborations, aiming to strengthen Medi Assist's position in India's digital health sector.

24Sept 25

Medi Assist Healthcare Appoints CARE Ratings to Monitor Preferential Issue Proceeds

Medi Assist Healthcare Services Limited has appointed CARE Ratings Limited as the monitoring agency for its recent preferential issue of 37,01,000 equity shares. This appointment, in compliance with SEBI regulations, aims to ensure transparent utilization of the raised funds as per the objectives disclosed in the EGM notice dated August 11, 2025. CARE Ratings, a SEBI-registered Credit Rating Agency, will oversee the use of proceeds, enhancing transparency and investor confidence in Medi Assist's financial operations.

08Sept 25

Medi Assist Healthcare Clarifies Timeline for INR 198 Crore Preferential Issue Proceeds Utilization

Medi Assist Healthcare plans to raise INR 198 crore through a preferential issue of 37,01,000 equity shares to MIT and 238 Plan Associates LLC. INR 150 crore will be used for debt repayment via a subsidiary, while INR 48 crore is allocated for general corporate purposes. The company expects to utilize the funds within two years of share allotment. The preferential issue will slightly decrease promoter holding from 20.37% to 19.36%, while increasing public shareholding from 78.73% to 79.79%. Foreign Portfolio Investors' stake is expected to rise from 13.76% to 16.94%.

14Aug 25

Wasatch Advisors LP and Aditya Birla Sun Life MF Increase Stakes in Medi Assist Healthcare

Wasatch Advisors LP and Aditya Birla Sun Life Mutual Fund have significantly increased their stakes in Medi Assist Healthcare Services Ltd. Wasatch Advisors LP raised its holding from 2.19% to 5.84% of voting capital, while Aditya Birla Sun Life MF increased its stake to 7.03% of total share capital. These transactions were disclosed in regulatory filings to stock exchanges. Medi Assist Healthcare Services has a total share capital of 70,538,100 shares with a par value of Rs 5.00 each and is listed on both NSE and BSE.

14Aug 25

Aditya Birla Sun Life MF Boosts Stake in Medi Assist Healthcare to 7.03%

Aditya Birla Sun Life Mutual Fund has increased its stake in Medi Assist Healthcare Services Limited from 4.32% to 7.03%. The fund acquired an additional 19,13,739 shares through open market transactions, bringing its total holding to 49,61,061 shares. This move represents a 2.71% increase in the fund's stake. Medi Assist Healthcare has an equity share capital of Rs. 35,26,90,600 comprising 7,05,38,120 shares of Rs. 5 each. The acquisition was disclosed to stock exchanges in compliance with SEBI regulations.

12Aug 25

Medi Assist Reports 18.5% Premium Growth, Completes Paramount Acquisition for Rs 412.4 Crores

Medi Assist Healthcare Services Limited announced robust financial results for the quarter. Total premium under management grew 18.5% year-on-year to Rs 7,076.00 crores, with market share increasing to 23.1%. The company completed the acquisition of Paramount Health Services for Rs 412.40 crores and partnered with Star Health to deploy its AI-driven claims platform. Total income rose 14.5% to Rs 198.00 crores, with Operating EBITDA at Rs 42.00 crores. The company processed over 22 lakh claims and achieved fraud prevention savings of Rs 160.00 crores. Technology services now contribute 2.5% of revenue as Medi Assist expands beyond traditional TPA services.

12Aug 25

Medi Assist Healthcare Services Announces ₹198 Crore Preferential Share Issue

Medi Assist Healthcare Services has approved raising ₹198 crore through a preferential allotment of 37,01,000 equity shares at ₹535 per share to two foreign portfolio investors. Massachusetts Institute of Technology will invest ₹154.65 crore for 28,90,830 shares, while 238 Plan Associates LLC will invest ₹43.34 crore for 8,10,170 shares. The funds will be used to repay borrowings of its subsidiary and for general corporate purposes. Post-issue, the promoter group's stake will decrease to 19.53%, while FPI stake will increase to 17.09%. This move follows Medi Assist's recent acquisition of Paramount Health Services & Insurance TPA Private Limited for ₹412.40 crore.

11Aug 25

Medi Assist Healthcare Services to Raise ₹198 Crore via Preferential Share Issue

Medi Assist Healthcare plans to raise ₹198 crore through a preferential issue of 37,01,000 equity shares at ₹535 per share to two qualified institutional buyers. Massachusetts Institute of Technology will invest ₹154.65 crore for 28,90,830 shares, while 238 Plan Associates LLC will invest ₹43.34 crore for 8,10,170 shares. The funds will be used to invest in a subsidiary and for general corporate purposes. An EGM is scheduled for September 4 to seek shareholder approval. Post-issue, MIT and 238 Plan Associates will hold 3.89% and 1.09% stakes respectively.

07Aug 25

Medi Assist Healthcare Services Reports Strong Q1 FY2026 Results with 13.6% Revenue Growth

Medi Assist Healthcare Services Limited announced robust Q1 FY2026 results with 13.6% YoY revenue growth to ₹1,905.58 crore. Adjusted EBITDA increased to ₹420.12 crore, with margin improving to 22.05%. Profit from continuing operations grew 18.7% to ₹226.31 crore. Premium Under Management rose 18.5% to ₹70,756 crore, with market share in health insurance premium administered expanding to 23.1%. The company completed the acquisition of Paramount TPA and partnered with Star Health. AI-driven fraud detection led to ₹160 crore in savings, a 3x increase YoY.

07Aug 25

Medi Assist Healthcare Reports Robust Q1 Growth with 13.6% Revenue Surge

Medi Assist Healthcare Services Limited reported robust Q1 FY2025-26 results with consolidated revenue up 13.6% to ₹1,905.58 crore and profit rising 18.7% to ₹226.31 crore year-over-year. Adjusted EBITDA increased to ₹420.12 crore, with margin improving to 22.05%. The company's Premium Under Management grew to ₹70,756 crore. The board approved raising up to ₹198 crore through preferential allotment to institutional buyers. Mr. Madhavan Ganesan was nominated to the board of a subsidiary, Paramount Health Services & Insurance TPA Private Limited.

02Jul 25

Medi Assist Healthcare Services Strengthens Market Position with Paramount TPA Acquisition

Medi Assist Healthcare's subsidiary, Medi Assist Insurance TPA, has completed the acquisition of Paramount Health Services & Insurance TPA on July 1, 2025. This acquisition adds ₹4,000.00 crore of health premiums under administration to Medi Assist's portfolio, strengthening its position as India's largest health benefits administrator. The move is expected to expand Medi Assist's client base and potentially enhance its service capabilities and market reach in the health insurance third-party administrator (TPA) market in India.

25Jun 25

Star Health & Allied Insurance Unveils AI-Powered Claims Management System 'Matrix' in Partnership with Medi Assist

Star Health & Allied Insurance has partnered with Medi Assist Healthcare to launch 'Matrix', an AI-powered claims management system. This innovative solution aims to enhance efficiency and accuracy in claims processing, potentially leading to faster turnaround times and improved customer satisfaction. The collaboration combines Star Health's insurance expertise with Medi Assist's healthcare management proficiency. While specific details are not disclosed, the AI system is expected to offer benefits such as faster processing, reduced errors, enhanced fraud detection, and improved customer experience.

16May 25

Medi Assist Healthcare Services Reports 28.5% Profit Surge

Medi Assist Healthcare Services announced impressive financial results with a 28.5% year-on-year profit increase to ₹91.60 crore. Revenue grew by 14% to ₹723.30 crore, while total premium under management rose 14.3% to ₹21,108.00 crore. The company also received IRDAI approval to acquire Paramount Health Services & Insurance TPA Pvt. Ltd., positioning it for potential market expansion and growth in the healthcare services sector.

15May 25

Medi Assist Healthcare Q4 Results: Revenue Up, Profit Dips

Medi Assist Healthcare's Q4 results show a 13.17% year-over-year revenue increase to ₹1.89 billion. EBITDA grew 10.11% to ₹407.40 million, but the EBITDA margin slightly decreased to 21.57%. Net profit declined 14.34% to ₹215.00 million compared to the previous year. The results indicate strong top-line growth but challenges in maintaining profitability.

13May 25

Medi Assist Healthcare Services Secures IRDAI Approval for Paramount Health Services Acquisition

Medi Assist Healthcare Services has received IRDAI approval to acquire Paramount Health Services & Insurance TPA. This strategic move is expected to strengthen Medi Assist's position in the healthcare services market, potentially leading to improved efficiencies and service delivery in the third-party administrator (TPA) segment of the health insurance industry. The acquisition could alter competitive dynamics and enhance Medi Assist's capabilities in the sector.

12Mar 25

Medi Assist Healthcare Services Announces Dissolution of UK Subsidiary

Medi Assist Healthcare Services Limited has announced the dissolution of its step-down subsidiary, Mayfair Group Holding Subcontinent Limited, in the UK, effective March 11, 2025. The subsidiary was non-operational since incorporation and contributed nil to the company's financials. This dissolution, approved by the UK Registrar of Companies, is expected to have minimal financial impact on Medi Assist Healthcare Services.

11Mar 25

Medi Assist Healthcare Services Announces Dissolution of UK Subsidiary

Medi Assist Healthcare Services Limited has completed the dissolution of its non-operational UK subsidiary, Mayfair Group Holding Subcontinent Limited, effective March 11, 2025. The process, initiated in November 2024, was finalized with approval from the UK Registrar of Companies. The company stated that this dissolution has no financial impact, as the subsidiary had no business operations since its incorporation and did not contribute to the company's financial metrics in the last fiscal year.

Medi Assist Healthcare

404.85

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Medi Assist Healthcare

404.85

(-1.62%)