Medi Assist Healthcare Services Limited · NSE:MEDIASSIST
Medi Assist Healthcare Services — Q3 FY26 Earnings Presentation
22 slides from Medi Assist Healthcare Services's earnings presentation, Feb 9, 2026
Slide 1: Stock exchange filing cover letter
February 09, 2026 To, Listing Department Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Symbol: MEDIASSIST Scrip Code: 544088 Subject
Slide 2: Investor Presentation Q3 & 9MFY26
Medi Assist Healthcare Services Limited Investor Presentation Q3 & 9MFY26 © 2026 Medi Assist Healthcare Services Limited
Slide 3: Table of Contents
01 Management Commentary 02 Financial & Operational Highlights Medi Assist Healthcare Services Limited TABLE OF 03 Business Segment Updates CONTENTS 04 Paramount Updates 05 Key Performance Trends © 2026 Medi Assist Healthcare Services Limited. All Rights Reserved.
Slide 4: Management Commentary
Investor Presentation Management Commentary Q3 & 9MFY26 Medi Assist delivered a strong quarter marked by 24% revenue growth, a 154 basis points quarter-on-quarter margin expansion, and the achievement of a debt-free balance sheet, reflecting the strength of our AI-powered, technology-led operating mo
Slide 5: Financial Highlights Q3 & 9MFY26 (Ex-Paramount and Consolidated)
Investor Presentation Financial Highlights Q3 & 9MFY26 (Ex-Paramount and Consolidated) Performance Overview Q3 FY26 9M FY26 Total Income Revenue from Contracts Total Income Revenue from Contracts ₹207.8 Cr ₹205.9 Cr ₹604.6 Cr ₹593.6 Cr 9.2% YoY 10.7% YoY 9.8% YoY 11.1% YoY ₹247.2 Cr# ₹239.7 Cr# ₹680
Slide 6: Operational Highlights as on December 31st, 2025
Operational Highlights As on December 31st, 2025 Operational Highlights – 9MFY26 21.9% YoY Growth 133 bps YoY Expansion 62 bps YoY Expansion ₹19,289.1 Cr# 21.1%# 28.3%# Total Premium under Management Market Share (Group + Retail) Share of Private/SAHI (Group + Retail) 22.4% YoY Growth 39 Cr+# 5+ Lak
Slide 7: Business Highlights – Q3 & 9MFY26
Q3 & 9MFY26 Business Highlights – Q3 & 9MFY26 • Operating revenue grew at 11.1%(ex-Paramount) & 24.0%# 9M • Free cash position of INR 200.1 Cr YoY • Debt reduced from INR 243.4 Cr Strong Growth • EBITDA margin at 21.7% (ex-Paramount) & 19.1%# at 9MFY26 Balance Sheet (Sep’25) to INR 39.4 Cr (Dec’25)
Slide 8: Premiums Managed (INR Cr) – Group
Business Segments Updates Group - Q3 & 9M FY25 Driving Sustainable Growth & Retention Managed (INR cr) 9MFY25 9MFY26 Premiums FWA Savings Growth 13,779.0 16,377.2 17,145.8 ~₹140 Cr ~₹234 Cr Technology & CX-led Embedment 9MFY25(Excl PHS) 9MFY26(Excl. PHS) 9MFY26(Incl. PHS) Deep Integration: Embedded
Slide 9: Premiums Managed (INR Cr) – Retail
Business Segments Updates Retail – Q3 & 9MFY26 Managed (INR Cr) Retail Market Share Premiums 2143.4 Periodic PSU portfolio reallocation impact, negative for the period 2050.0 1961.0 Market share excludes premiums managed through the tech solutions provided to insurers running in-house operations 9MF
Slide 10: Government Business
Business Segments Updates Government Revenue Contribution Revenue Growth 12.1%# INR Cr of Total Revenue 9MFY26 Revenue (INR Cr) 46.7%# 9M Growth 45.9%# 33 Crore# Q3 Growth Members Serviced* Market Position 13 states,3 UT# 2824 #1 TPA # Active For Government schemes Served in: HeadcountJharkhand * Ka
Slide 11: International Benefits Administration
Business Segments Updates International Benefits Administration Recent Business Updates Strategic Partnerships Platform Migration 16.3% New Insurer Relationships Technology Platform Revenue Growth Successfully signed up 3 key partners for Achieved 98% customer migration to the new 9M YoY travellers t
Slide 12: Business Segment Update - Technology
Business Segments Updates – Technology Business Segment Update - Technology Revenue Trajectory Growing Opportunity Modular, API-First Platform 81.5% 2.3% In-House Claims Processing Scalable Architecture ● Scalable Tech Stack via automation & ● Plug-and-play modules integrate YoY Growth of Total Reve
Slide 13: MAven Guard Updates – Technology: Insurer View
Business Segments Updates – Technology: Insurer View MAven Guard Updates Fraud, Waste & Abuse Detection Developed by in-house cross functional Value Realization from FWA capabilities – 9MFY26 AI, Tech, Data, Fraud & Investigation domain experts Total FWA Savings Trained leveraging standard clinical
Slide 14: MAgnum – Technology: Provider View
Business Segments Updates – Technology: Provider View MAgnum Provider-Facing Digital Platform Effortless Cashless Care Future Ready Regulatory Alignment Newly launched hospital-facing digital platform allowing hospitals to access Maven Navigator & Raksha Prime capabilities in a self-help mode. Unifie
Slide 15: Transforming the Cashless Experience
Business Segments Updates – Technology Transforming the Cashless Experience MAven Navigator Raksha Prime FINANCIAL TRANSPARENCY EFFORTLESS CASHLESS MAven Navigator enables members to obtain a clear AI-enabled offering that allows patients to pay predicted estimate of out of pocket expenses (OOPE) be
Slide 16: Paramount Updates – Q3 & 9MFY26
Integration & Operational Highlights Paramount Updates-Q3 & 9MFY26 The integration of Paramount TPA is progressing along expected lines Significant milestones achieved in technology consolidation: ● Platform consolidation is currently underway - Corporate policies renewing in Jan 2026 and beyond succ
Slide 17: Revenue Insights: Strong Performance across key segments
Financials Revenue Insights : Strong Performance across key revenue segments Revenue Insights : Strong Performance across key segments For quarter ended 31st December 2025 For 9 months ended 31st December 2025 © 2026 Medi Assist Healthcare Services Limited. All Rights Reserved.
Slide 18: Key performance trend - Margins recovering to usual run rate
Financials Key performance trend - Margins recovering to usual run rate 1) EBITDA margin Trajectory (post Paramount acquisition) Impact of Exceptional Items on PAT EBITDA Ex-Paramount • Medi Assist’s 9M FY26 reported PAT of INR 34.8 Cr (including Paramount) 21.8 21.3 % impacted by exceptional Item o
Slide 19: Reported 9M FY26 PAT to Steady-State PAT bridge
Financials Management Estimate on Reported 9M FY26 PAT to Steady-State PAT bridge INR Cr 76.7 34.8 * Tax effect considered on all relevant items @25.167% © 2026 Medi Assist Healthcare Services Limited. All Rights Reserved.
Slide 20: Key Financial Metrics and Balance Sheet Items
Financials Key Financial Metrics and Balance Sheet Items Free Cash Position Net Worth ₹ 200.1 Cr ₹ 795.7 Cr (₹ 312.6 Cr Q1FY26; ₹ -20.9 Cr Q2FY26) Revenue per Avg Headcount Contract Liability Debt Position ₹ 14.9 Lakh# ₹280.8 Cr ₹39.4 Cr Annualized (₹ 14.2 Lakh for 9MFY25) (₹ 227.2 Cr for 9MFY25) (₹
Slide 21: Disclaimer | Legal Notice | Important Disclosures
Disclaimer | Legal Notice | Important Disclosures By attending the meeting where this presentation or accompanying slides (“Presentation”) is presented, or by reading the Presentation materials, you agree to be bound by the limitations contained herein and to maintain absolute confidentiality regardi
Slide 22: Contact Information
Investor Relations Contact Information Medi Assist Healthcare Services Ltd For queries related to company. investor.relations@mediassist.in We look forward to hearing from you. © 2026 Medi Assist Healthcare Services Limited. All Rights Reserved.
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