Medi Assist Healthcare Services Limited has informed the Exchange regarding a press release dated May 10, 2026, titled "Medi Assist Delivers Strong FY26 Growth with 25.1% Annual Revenue Growth, Becomes Debt-Free, and Scales AI-Led Healthcare Claims Platform".
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Medi Assist reported FY26 operating revenue of ₹904.8 crore, marking a 25.1% year-on-year growth with the TPA business growing 25.5% and new lines of business expanding 30.7%. The company achieved debt-free status from January 2026 and ended with ₹260.5 crore in free cash, positioning itself for accelerated AI and technology investments. EBITDA grew 13.3% to ₹174.6 crore with Q4 margins reaching 19.9%, while adjusted PAT stood at ₹68.8 crore. The company's AI platform now processes nearly one million claims monthly, with the MAven Guard fraud detection system helping avert approximately ₹540 crore in insurance fraud during FY26. Total premiums administered grew 22.8% to ₹25,923.2 crore, with group market share expanding by 340 basis points to 33.7%.
Strong revenue growth, margin expansion, and debt-free status signal solid operational performance and improved financial health, which could be positive for shareholders and may support stock price appreciation.