QMS Medical Allied Services Limited

QMS Medical Allied Services Limited (QMSMEDI) is a micro-cap Healthcare company valued at ₹331 crore operating in Medical Equipment & Supplies on the NSE and BSE.

Recent price move

QMS Medical Allied Services Limited last traded at ₹171.9, modestly up 0.66% on the day.

Recent developments

On 2026-09-17, the company announced an acquisition of an additional 24% stake in Saarathi Healthcare Private Limited, a subsidiary, which may enhance its position in the healthcare sector.

Financial performance

The company's revenue grew 10.8% annually, reaching ₹173 crore, while net profit declined 14.9% to ₹12 crore. In the latest quarter, revenue rose 22.3% year-on-year to ₹57 crore, and net profit increased 25.3% to ₹4 crore, showing stronger recent performance than the annual figures.

Valuation multiples

The stock trades at 31.8 times earnings, broadly in line with the Healthcare median of 32.0, 2.79 times book value. It yields 0.3%.

Things to watch

The net profit margin narrowed 2.1 percentage points to 6.9%, and the company's stock is 9.7% below its 52-week high. The recent decline in net profit compared to the previous year could indicate pressure on profitability.

Where it stands

The company has shown strong quarterly growth in both revenue and net profit, but annual net profit fell. The acquisition of a subsidiary may support long-term growth, but the stock's distance from its 52-week high highlights recent underperformance.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.