GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Net Margin %

Medi Assist Healthcare Services (NSE:MEDIASSIST) Net Margin % : 7.07% (As of Sep. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Medi Assist Healthcare Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Medi Assist Healthcare Services's Net Income for the six months ended in Sep. 2023 was ₹213 Mil. Medi Assist Healthcare Services's Revenue for the six months ended in Sep. 2023 was ₹3,020 Mil. Therefore, Medi Assist Healthcare Services's net margin for the quarter that ended in Sep. 2023 was 7.07%.

The historical rank and industry rank for Medi Assist Healthcare Services's Net Margin % or its related term are showing as below:

NSE:MEDIASSIST' s Net Margin % Range Over the Past 10 Years
Min: 8.14   Med: 14.67   Max: 16.31
Current: 10.42

NSE:MEDIASSIST's Net Margin % is ranked better than
80.95% of 21 companies
in the Healthcare Plans industry
Industry Median: 1.77 vs NSE:MEDIASSIST: 10.42

Medi Assist Healthcare Services Net Margin % Historical Data

The historical data trend for Medi Assist Healthcare Services's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medi Assist Healthcare Services Net Margin % Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23
Net Margin %
8.14 16.31 14.67

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Net Margin % - - 15.06 14.30 7.07

Competitive Comparison of Medi Assist Healthcare Services's Net Margin %

For the Healthcare Plans subindustry, Medi Assist Healthcare Services's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Medi Assist Healthcare Services's Net Margin % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Net Margin % falls into.


Medi Assist Healthcare Services Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Medi Assist Healthcare Services's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=740.59/5049.34
=14.67 %

Medi Assist Healthcare Services's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=213.38/3019.56
=7.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Medi Assist Healthcare Services  (NSE:MEDIASSIST) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Medi Assist Healthcare Services Net Margin % Related Terms

Thank you for viewing the detailed overview of Medi Assist Healthcare Services's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Net Margin %
Comparable Companies
Traded in Other Exchanges
544088:India
Address
Website
Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

Medi Assist Healthcare Services (NSE:MEDIASSIST) Headlines

No Headlines