Medplus Health Services Ltd (NSE:MEDPLUS)
₹ 675.05 -7.15 (-1.04%) Market Cap: 81.57 Bil Enterprise Value: 89.88 Bil PE Ratio: 38.77 PB Ratio: 4.13 GF Score: 76/100

Q3 2025 MedPlus Health Services Ltd Earnings Call Transcript

Feb 3, 2025 / 10:00 AM GMT
Release Date Price: ₹762.15 (-3.17%)

Key Points

Positve
  • Medplus Health Services Ltd (BOM:543427) opened 87 new stores in the current quarter, contributing to a net addition of 60 stores, indicating expansion efforts.
  • The company reported a consolidated revenue growth of 8.3% year-over-year, showcasing a positive financial performance.
  • Private label sales have increased significantly, constituting 19.6% of total revenue, reflecting successful product diversification.
  • The diagnostic segment showed improvement with revenue growth to 274.7 million and an operating EBITA of 22.1 million, compared to a loss in the previous year.
  • Medplus Health Services Ltd (BOM:543427) has strategically added four new warehouses to enhance operational efficiency and support future store openings.
Negative
  • There was a slight de-growth of 0.9% in consolidated revenue on a quarter-on-quarter basis, indicating potential short-term challenges.
  • The company experienced a slowdown in new store additions compared to previous quarters, which may impact future growth.
  • Inventory levels for first-year stores were high at 88 days, compared to 40 days for stores older than 12 months, suggesting inefficiencies in inventory management.
  • The pharmacy business saw a muted growth in GMV, partly due to the substitution effect of private labels, which are sold at lower rates.
  • Minimum wage increases in certain regions, such as Tamil Nadu, have impacted store-level EBITA, indicating rising operational costs.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MEDP.NS - MedPlus Health Services Ltd
Q3 2025 MedPlus Health Services Ltd Earnings Call
Feb 03, 2025 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Met Plus Health services limited earnings conference call.

As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call? Please signal an operator by pressing star then zero on your touchtone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr Sriniva.

Thank you, hand over to you, sir.

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Unidentified_2 [2]
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