QMS Medical Allied Services Ltd – Investor Presentation Summary

Key Operational Highlights

  • Conducted 11,497 B2B health camps during Q1FY27
  • Serves 5.7 million+ customers across 5,000+ serviceable pin codes
  • Maintains 900+ SKUs covering diverse therapeutic and medical categories
  • Works with 130+ institutional clients including 50+ leading pharma companies
  • Engages with 1 million+ doctors nationwide
  • Key drivers: Expanding distribution network, Q-Devices portfolio, digital platforms (QMSMEDS, e-Grameen), deeper pharma partnerships, and scaling healthcare camp operations

Segment-wise Performance

  • Products Business: Revenue of Rs 33 crore in Q1FY27 including Q-Devices
  • B2B Sales (Pharma & Hospitals): Revenue of Rs 24 crore in Q1FY27
  • Point-of-Care: Revenue of Rs 9 crore in Q1FY27
  • E-Commerce (QMSMEDS): Revenue of Rs 0.16 crore in Q1FY27
  • Services Business: Emerging as key growth engine driven by Patient Support Programs and healthcare camp operations

Financial Highlights

  • Revenue: Rs 56.9 crore (22% YoY growth from Rs 46.5 crore in Q1FY26, 28% QoQ growth from Rs 44.4 crore in Q4FY26)
  • EBITDA: Rs 8.3 crore (27% YoY growth from Rs 6.5 crore in Q1FY26, 41% QoQ growth from Rs 5.9 crore in Q4FY26)
  • PAT: Rs 4.0 crore (25% YoY growth from Rs 3.2 crore in Q1FY26, 110% QoQ growth from Rs 1.9 crore in Q4FY26)
  • EPS: Rs 2.05 (compared to Rs 2.20 in Q1FY26 and Rs 0.97 in Q4FY26)
  • Margins: EBITDA Margin 14.6% (vs 14.1% YoY, 13.3% QoQ), PAT Margin 7.0% (vs 6.8% YoY, 4.2% QoQ)
  • Drivers: Higher revenue growth, operational efficiencies
  • Key Risks: Not explicitly disclosed in presentation

Geographical Revenue Split

  • Domestic vs Export Revenue: Not specified
  • Regional Breakdown: Not specified

Balance Sheet Snapshot

  • Share Capital: Rs 19.3 crore (as of Mar-26)
  • Reserves & Surplus: Rs 84.9 crore (as of Mar-26)
  • Total Shareholders' Funds: Rs 114.0 crore (as of Mar-26)
  • Long Term Borrowings: Rs 7.0 crore (as of Mar-26)
  • Short Term Borrowings: Rs 67.5 crore (as of Mar-26)
  • Inventories: Rs 45.9 crore (as of Mar-26)
  • Trade Receivables: Rs 67.3 crore (as of Mar-26)
  • Cash and Cash Equivalents: Rs 1.2 crore (as of Mar-26)
  • Financial Health: Strong revenue growth and expanding operations

Capex & Cash Flow Health

  • Capital Expenditure: Not specified for current period
  • Operating Cash Flow: Rs 19.4 crore generated in FY26
  • Free Cash Flow: Not specified
  • Net Debt Movement: Not specified
  • Investment Rationale: Focus on capacity expansion, technology upgrades, and strategic acquisitions

Strategic & R&D Initiatives

  • Acquired 76% stake in Saarathi Healthcare Pvt Ltd (pioneer in Patient and Disease Management Services)
  • Expect to acquire balance stake in Saarathi by end of Q2FY27
  • Proprietary integrated digital health application for patient management
  • Q-Devices brand launched in 2023 offering medical/wellness devices
  • Digital ecosystem tracks 10 lakh+ patients and 100+ camps with real-time analytics
  • Expected impact: Strengthen capabilities in disease management and Patient Support Programs
  • Strategic Rationale: Addressing entire patient journey more comprehensively, expanding into high-growth services

Industry Trends & Business Environment

  • Total Indian Pharma Market estimated at INR 2.4 lakh crore in 2024 (source: IQVIA report)
  • Retail Sector may account for estimated Rs 1.9 lakh crore
  • Key Drivers: Regulatory shift limiting direct promotions, market transition from unorganized to organized players, chronic disease surge, digital innovation, government support through policies like Ayushman Bharat, patient empowerment
  • Impact on Company: Growing demand for Patient Support Programs and structured health camp services

Management Commentary & Growth Outlook

  • Strategic Outlook: "Q1FY27 marks a strong start to the year for QMS Medical Allied Services, reflecting the strength of our integrated healthcare business model and the investments made over the past year" - Mahesh Makhija, Founder, Chairman and Managing Director
  • Focus remains on scaling Patient Support Programs, strengthening strategic partnerships, expanding Q-Devices and Point-of-Care offerings, and leveraging technology platform
  • FY Guidance: Not explicitly provided
  • Market Share Targets: Not specified
  • Risks and Opportunities: Not explicitly highlighted

Company Overview

  • Founded in 1994, grown from pharma marketing solutions provider to integrated healthcare partner
  • Mission: To provide patients, doctors, and institutions with best-in-class medical products and services
  • Vision: To revolutionize healthcare by providing comprehensive, technology-driven solutions
  • 30+ years industry experience in medical device distribution for global brands like 3M, Heine
  • CDSCO license holder creating high entry barrier
  • Migrated to NSE Main Board on June 18, 2026
  • Listed on NSE Emerge in 2022