Medi Assist Healthcare Services Ltd

Medi Assist Ser. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Medi Assist Healthcare Services Ltd

₹ 511 -1.78%
30 Apr 3:40 p.m.
mediassist.in BSE: 544088 NSE : MEDIASSIST
About

Incorporated in June 2000, Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.[1]

Key Points

Business Profile[1] Company provides third-party administration (TPA) services to insurance companies through its wholly-owned Subsidiaries, Medi Assist TPA, Medvantage TPA, and Raksha TPA. A third-party administrator is an organization that processes health insurance claims for insurance companies and provides services such as policy administration, customer service, and network management, among others.

Website BSE NSE
  • Market Cap ₹ 3,587 Cr.
  • Current Price ₹ 511
  • High / Low ₹ 564 / 430
  • Stock P/E 51.2
  • Book Value ₹
  • Dividend Yield 0.00 %
  • ROCE 25.9 %
  • ROE 19.6 %
  • Face Value ₹ 5.00
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Pros

  • Company is almost debt free.

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Insurance Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Dec 2023
125 166
95 132
Operating Profit 31 34
OPM % 24% 20%
6 4
Interest 1 1
Depreciation 6 11
Profit before tax 30 26
Tax % 28% 17%
22 21
EPS in Rs 3.13 2.98
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
277 319 326 394 505
194 237 250 302 385
Operating Profit 82 82 75 92 120
OPM % 30% 26% 23% 23% 24%
-14 7 11 21 12
Interest 4 4 6 3 3
Depreciation 23 27 32 28 27
Profit before tax 41 59 49 81 102
Tax % 37% 41% 47% 21% 28%
26 35 26 64 74
EPS in Rs 7,254.85 9,576.18 7,061.83 9.33 10.76
Dividend Payout % -0% -0% -0% 20% 18%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 17%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: 13%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 17%
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 34 34 34
Reserves 218 212 290 303 342 374
Preference Capital 0 0 -0 -0 -0
98 114 35 27 31 31
202 231 220 238 295 363
Total Liabilities 518 558 545 602 702 803
142 138 119 99 171 257
CWIP 3 1 1 6 -0 -0
Investments 88 72 111 201 44 20
285 347 315 296 487 526
Total Assets 518 558 545 602 702 803

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
35 19 139 64 81
-21 -22 -61 -83 -10
-10 -12 -10 -30 -32
Net Cash Flow 4 -15 69 -49 39

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 119 78 136 110 92
Inventory Days
Days Payable
Cash Conversion Cycle 119 78 136 110 92
Working Capital Days -2 -11 -62 -52 -57
ROCE % 20% 18% 23% 26%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2024
38.91%
9.67%
30.60%
20.80%
No. of Shareholders 92,833

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

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Concalls