Medi Assist Healthcare Services Limited — PPTs, 05-11-2025: Investor Presentation

Here's the concise, retail-friendly summary for Medi Assist Healthcare Services:

1. **Business Performance:** Medi Assist's H1-FY26 was strong. Total Premium under Management (PUM) surged 20.2% YoY to ₹12,719 Cr. Group PUM grew 22.5% to ₹11,447 Cr, while Retail PUM rose 2.6% to ₹1,272 Cr. The company’s market share in administered health premium hit 21.3%.

2. **Growth Drivers or Strategy:** Medi Assist is strategically evolving from a TPA to a full Health Benefits Administrator (HBA) by expanding its service offerings. Key growth drivers include strengthening its Group, Retail, Government, and IPMI segments, significantly backed by investments in proprietary technology like MAtrix and MAven Insights.

3. **Recent Developments:** Integration of Paramount TPA is underway. The company swiftly deployed its MAtrix claims platform for Star Health, now handling 40% of their claims. They launched 'MAven Guard' (AI/ML fraud detection engine) and saw Raksha Prime (AI instant checkout) enable 156k discharges. Global reach expanded through partnerships with Mayfair We Care and Bhutan's Royal Insurance Corp.

4. **Key Financial Metrics:** For H1-FY26, Operating Revenue rose 21.4% YoY to ₹423.1 Cr. Operating EBITDA was ₹81.7 Cr (19.3% margin), up 10.9%. Profit after Tax (PAT) stood at ₹30.7 Cr (7.1% margin). Annualized Revenue per average headcount reached ₹14.9 Lakh.

5. **Management Commentary / Outlook:** Management emphasizes continued leadership in the Group segment with a 93.4% retention rate and ongoing leverage of technology for fraud prevention and seamless global administration services.