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MedPlus Health Services Ltd. (IN:MEDPLUS)
:MEDPLUS
India Market

MedPlus Health Services Ltd. (MEDPLUS) AI Stock Analysis

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IN:MEDPLUS

MedPlus Health Services Ltd.

(MEDPLUS)

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Neutral 62 (OpenAI - 4o)
Rating:62Neutral
Price Target:
₹871.00
▲(7.69% Upside)
MedPlus Health Services Ltd. demonstrates strong financial performance with robust cash flow generation and profitability improvements. However, technical indicators suggest potential overbought conditions, and the high P/E ratio indicates overvaluation concerns. The absence of dividend yield further affects its valuation appeal.
Positive Factors
Revenue Growth
MedPlus's consistent revenue growth indicates strong market demand and effective business expansion strategies, supporting long-term sustainability.
Cash Flow Generation
Robust cash generation capabilities enhance MedPlus's ability to invest in growth opportunities and maintain financial stability over time.
Profitability Improvement
Improved profitability reflects effective cost management and operational efficiency, strengthening MedPlus's competitive position.
Negative Factors
Gross Profit Margin Pressure
Pressure on gross profit margins may indicate rising costs or pricing challenges, potentially affecting future profitability if not addressed.
Increasing Debt Levels
Rising debt levels could strain MedPlus's financial flexibility, impacting its ability to fund operations and growth initiatives.
Margin Sustainability
Difficulty in sustaining margins may hinder MedPlus's ability to maintain profitability, affecting its long-term financial health.

MedPlus Health Services Ltd. (MEDPLUS) vs. iShares MSCI India ETF (INDA)

MedPlus Health Services Ltd. Business Overview & Revenue Model

Company DescriptionMedPlus Health Services Limited engages in the retail trading of medicines and general items in India. It offers pharmaceutical and wellness products, including medicines, vitamins, medical devices, and test kits; fast-moving consumer goods, such as toiletries, baby care products, soaps, detergents, and sanitizers. The company also provides wholesale cash and carry, and pathological laboratory testing services, as well as engages in the contract manufacturing of private label pharmaceuticals. As of March 31, 2021, it operated through 1,659 stores located in the states of Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh, as well as through its online store. The company was incorporated in 2006 and is based in Hyderabad, India.
How the Company Makes MoneyMedPlus generates revenue primarily through the sale of prescription and over-the-counter medications at its retail pharmacy outlets. These pharmacies also sell health and wellness products, which further contribute to its earnings. Additionally, the company earns income from its diagnostic services, which include various medical tests and screenings offered at its locations. Key revenue streams include direct sales from pharmacy operations, diagnostic test fees, and potential partnerships with healthcare providers and insurance companies that may enhance customer access to their services. The company's growth is supported by its extensive network of pharmacies, strategic locations, and a focus on customer service, which attract a steady stream of customers and facilitate repeat business.

MedPlus Health Services Ltd. Financial Statement Overview

Summary
MedPlus Health Services Ltd. shows a positive growth trajectory with improved profitability and strong cash flow generation. While revenue and net income growth are commendable, the company faces challenges in maintaining gross profit margins and managing increasing debt levels.
Income Statement
MedPlus Health Services has shown consistent revenue growth with an increase from 28,512.52 million to 61,360.53 million over the years. However, the gross profit margin has seen a significant drop from 2024 to 2025, indicating pressure on cost management. The net profit margin improved to 2.45% in 2025, showing better profitability control. The EBIT and EBITDA margins are stable, reflecting effective operational management.
Balance Sheet
The debt-to-equity ratio is 0.64, indicating a moderate level of leverage. Return on equity has improved, showing enhanced profitability with a focus on equity efficiency. The equity ratio stands at 51.80%, suggesting a balanced capital structure with a strong equity base. However, the increase in total debt over the years signals potential risk if not managed carefully.
Cash Flow
The company has demonstrated strong free cash flow growth, with substantial improvement from negative to 4,949.57 million, indicating robust cash generation capabilities. The operating cash flow to net income ratio is favorable, reflecting efficient cash management. However, fluctuations in investing and financing cash flows suggest active capital management and investment strategies.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue61.90B61.36B56.25B45.58B37.79B30.69B
Gross Profit15.44B14.70B12.14B9.82B7.85B6.38B
EBITDA3.56B3.24B2.08B1.41B1.87B1.52B
Net Income1.78B1.50B654.73M497.63M958.02M638.58M
Balance Sheet
Total Assets0.0033.60B30.05B27.97B25.94B15.66B
Cash, Cash Equivalents and Short-Term Investments3.67B4.40B1.65B2.89B6.58B1.49B
Total Debt0.0011.20B10.10B9.05B8.15B5.90B
Total Liabilities-17.40B16.20B14.27B13.06B11.77B8.35B
Stockholders Equity17.40B17.41B15.78B14.91B14.18B7.31B
Cash Flow
Free Cash Flow0.004.95B593.38M-785.95M521.68M-513.67M
Operating Cash Flow0.005.54B1.44B904.10M1.70B28.91M
Investing Cash Flow0.00-3.32B-827.99M4.29B-7.03B-345.49M
Financing Cash Flow0.00-2.28B-1.98B-1.70B4.40B-56.26M

MedPlus Health Services Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price808.80
Price Trends
50DMA
800.84
Positive
100DMA
800.79
Positive
200DMA
827.55
Negative
Market Momentum
MACD
5.06
Positive
RSI
53.41
Neutral
STOCH
59.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MEDPLUS, the sentiment is Positive. The current price of 808.8 is below the 20-day moving average (MA) of 813.64, above the 50-day MA of 800.84, and below the 200-day MA of 827.55, indicating a neutral trend. The MACD of 5.06 indicates Positive momentum. The RSI at 53.41 is Neutral, neither overbought nor oversold. The STOCH value of 59.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MEDPLUS.

MedPlus Health Services Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
₹101.85B67.230.20%16.71%13.92%
67
Neutral
₹90.12B252.6717.58%-38.20%
66
Neutral
₹237.42B44.230.89%10.80%32.79%
62
Neutral
₹98.09B50.214.94%94.22%
61
Neutral
₹99.74B62.880.21%15.41%5.93%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
40
Neutral
₹20.18B-18.250.08%-2.81%-444.69%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:MEDPLUS
MedPlus Health Services Ltd.
818.65
7.45
0.92%
IN:HCG
HealthCare Global Enterprises Ltd.
639.10
149.55
30.55%
IN:INDOCO
Indoco Remedies Limited
218.75
-104.67
-32.36%
IN:LALPATHLAB
Dr. Lal PathLabs Limited
1,417.00
-2.69
-0.19%
IN:METROPOLIS
Metropolis Healthcare Ltd.
1,924.75
44.39
2.36%
IN:VIJAYA
Vijaya Diagnostic Centre Ltd.
991.50
-210.03
-17.48%

MedPlus Health Services Ltd. Corporate Events

MedPlus Subsidiary Faces Two-Day Drug License Suspension at Karnataka Store
Jan 11, 2026

MedPlus Health Services Ltd. has disclosed that its subsidiary, Optival Health Solutions Private Limited, has received a two-day suspension of the drug license for one of its retail pharmacy stores located on S Rammurthy Road in Virajpet, Karnataka, following an order from the Assistant Director, Drugs Control Administration, Madikeri Circle, under Rule 65 of the Drugs and Cosmetics Act, 1940 and associated Rules. The company estimates a potential revenue loss of approximately Rs 0.74 lakh from this temporary suspension, indicating that the operational and financial impact is limited and localized to a single outlet, with no broader disruption to MedPlus’s overall retail network or core business activities communicated at this time.

MedPlus Subsidiary Faces One-Day Drug License Suspension for Karnataka Store
Jan 3, 2026

MedPlus Health Services Limited has disclosed that its subsidiary, Optival Health Solutions Private Limited, has received a one-day suspension order of the drug license for a retail store located on KC Rani Road in Gadag, Karnataka, issued by the Assistant Director of the state Drugs Control Administration. The suspension, imposed under Rule 65 of the Drugs and Cosmetics Act, 1940 and corresponding rules, is expected to result in an estimated potential revenue loss of about Rs 0.23 lakh, suggesting only a minimal financial and operational impact on the company’s overall business and stakeholders.

MedPlus Promoter Agilemed Releases Pledge on Over 4.17 Million Shares
Dec 31, 2025

Agilemed Investments Private Limited, a promoter entity of MedPlus Health Services Limited, has released a pledge on 4,171,970 equity shares of the company. The disclosure, made under Regulation 31 of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011, signals a reduction in encumbrances on promoter-held shares, which may be viewed positively by investors as it can indicate improved financial flexibility and a stronger governance position for the listed pharmacy chain.

MedPlus Subsidiary Faces Short-Term Drug License Suspensions at Two Stores
Dec 25, 2025

MedPlus Health Services Limited has disclosed that its subsidiary, Optival Health Solutions Private Limited, has received two suspension orders affecting drug licenses for retail pharmacy stores in Telangana and Maharashtra. The Jawahar Nagar store in Telangana faces a three-day license suspension ordered by the Assistant Director of the Drugs Control Administration, while the Radha Nagar-Kalyan store in Maharashtra faces a seven-day suspension ordered by the Food and Drug Administration, Mumbai; together, the suspensions are expected to result in a potential revenue loss of about Rs 5.54 lakh but are not indicated to materially disrupt the company’s overall operations.

MedPlus Subsidiary Faces Three-Day Drug License Suspensions at Three Karnataka Stores
Dec 24, 2025

MedPlus Health Services Ltd. has disclosed that its subsidiary Optival Health Solutions Private Limited has received three suspension orders for drug licenses covering three stores in Karnataka, located at Jayanagar 9th Block, T R Nagar, and Shiggon Haveri. The suspensions, issued by Assistant Directors of the Drugs Control Administration in Bangalore Circle-3 and Haveri Circle under Rule 65 of the Drugs and Cosmetics Act, 1940 and corresponding Rules, each apply for a three-day period and are linked to alleged violations of those provisions. The company estimates a combined potential revenue loss of roughly Rs 3.24 lakh from the temporary shutdowns, indicating a limited financial impact relative to overall operations, but highlighting ongoing regulatory scrutiny over compliance in its retail pharmacy network.

MedPlus Promoter Agilemed Pledges 48.51 Lakh Shares Under SEBI SAST Norms
Dec 19, 2025

MedPlus Health Services Limited has disclosed that its promoter entity, Agilemed Investments Private Limited, has created a pledge over 48,51,066 equity shares of the company in compliance with Regulation 31 of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations, 2011. The move, formally notified to BSE and NSE, represents an encumbrance on a portion of the promoter’s holdings and is significant for investors tracking promoter share pledging activity, as it may influence perceptions of the company’s capital structure and promoter financing position, though no change in control or ownership has been indicated.

MedPlus Subsidiary Faces Drug License Suspensions in Maharashtra
Dec 14, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received three suspension orders for the Drug License of a store in Maharashtra. The suspensions, issued by the Food & Drug Administration in Amravati and Nagpur, are expected to result in a potential revenue loss of approximately Rs 10.17 lacs. This development may impact the company’s financial operations and highlights regulatory challenges in maintaining compliance with the Drugs and Cosmetics Act.

MedPlus Subsidiary Faces Temporary Drug License Suspension
Dec 7, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received a two-day suspension order for a drug license at a store in Telangana. This suspension, issued by the Drugs Control Administration, is expected to result in a potential revenue loss of approximately Rs 0.87 lacs, highlighting a minor operational setback for the company.

MedPlus Subsidiary Faces Temporary Drug License Suspension in Telangana
Nov 30, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received a two-day suspension order for a drug license at one of its stores in Telangana. This suspension, issued by the Assistant Director of Drugs Control Administration, is due to violations under the Drugs and Cosmetics Act, 1940, and is expected to result in a potential revenue loss of approximately Rs 1.43 lacs, impacting the company’s financial operations.

MedPlus Subsidiary Faces Temporary Drug License Suspension in Karnataka
Nov 22, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received a one-day suspension order for a drug license at a store located in Alnavara, Karnataka. This suspension, issued under the Drugs and Cosmetics Act, 1940, and related rules, is expected to result in a potential revenue loss of approximately Rs 0.33 Lacs, impacting the company’s financial operations.

MedPlus Subsidiary Faces Drug License Suspensions in Karnataka and Telangana
Nov 21, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received suspension orders for drug licenses at three of its stores located in Karnataka and Telangana. The suspensions, issued by the Drugs Control Administration, are expected to result in a potential revenue loss of approximately Rs 2.88 lacs. This development may impact the company’s short-term financial operations, but the overall implications for its market positioning remain to be seen.

MedPlus Subsidiary Faces Temporary Drug License Suspension in Telangana
Nov 9, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, received a suspension order for a Drug License at a store in Telangana. The suspension, issued under the Drugs and Cosmetics Act, 1940, will last for three days and is expected to result in a potential revenue loss of approximately Rs 1.73 lacs. This incident highlights regulatory compliance challenges that could impact the company’s operations and financial performance.

MedPlus Subsidiary Faces Drug License Suspension in Maharashtra
Nov 2, 2025

MedPlus Health Services Ltd. has announced that its subsidiary, Optival Health Solutions Private Limited, received a suspension order for a Drug License at a store in Maharashtra. This suspension, issued by the Food & Drug Administration in Nagpur, is due to alleged violations under the Drugs and Cosmetics Act, 1940, and is expected to result in a potential revenue loss of approximately Rs 4.34 lacs. The suspension highlights regulatory challenges and could impact the company’s financial operations and market positioning in the region.

MedPlus Health Services Announces Financial Results for September 2025 Quarter
Oct 31, 2025

MedPlus Health Services Ltd. announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025, by its Board of Directors. The results, reviewed by the company’s statutory auditors, indicate compliance with the SEBI regulations and reflect the company’s financial health and operational performance. The financial results are accessible on the company’s website and major stock exchanges, which underscores MedPlus’s commitment to transparency and regulatory adherence.

MedPlus Subsidiary Faces Temporary Drug License Suspensions
Oct 25, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received suspension orders for drug licenses at two of its stores in Karnataka and Telangana. These suspensions, issued by the Drugs Control Administration, are expected to result in a potential revenue loss of approximately Rs 1.51 lacs. This development may impact the company’s short-term financial operations but is unlikely to have a significant long-term effect on its market position.

MedPlus Subsidiary Faces Drug License Suspensions in Karnataka
Oct 22, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received suspension orders for drug licenses at two store locations in Karnataka. The suspensions, issued by the Drugs Control Administration, are expected to result in a potential revenue loss of approximately Rs 2.83 lacs. This development may impact the company’s financial operations and highlights regulatory challenges in maintaining compliance with drug and cosmetic regulations.

MedPlus Subsidiary Faces Drug License Suspension in Telangana
Oct 19, 2025

MedPlus Health Services Ltd. announced that its subsidiary, Optival Health Solutions Private Limited, has received two suspension orders for a Drug License at its Telangana stores. The suspensions, issued by the Drugs Control Administration, Medchal, are due to violations under the Drugs and Cosmetics Act, 1940 and Rules, 1945. The suspensions are expected to result in a potential revenue loss of approximately Rs 0.48 lacs and Rs 1.28 lacs for the affected stores. This development may impact the company’s financial operations and highlights regulatory compliance challenges within the industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 04, 2025