Medplus Health Services Ltd
About
MedPlus was founded in 2006 by Gangadi Madhukar Reddy. The firm operates 4,230+ stores in 600+ cities distributed across 10 states: Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, Maharashtra, Kerala, Chhattisgarh and Madhya Pradesh. MedPlus has a total of 22,000+ permanent full-time in-house employees working for us in a range of business activities. The operations include retail and wholesale sale, manufacturing and contract manufacturing of private label pharmaceutical, wellness and FMCG products, import, distribution, and full fledged diagnostic centers. In December 2021, MedPlus Health Services launched its initial public offering (IPO) and got listed on the Indian stock exchanges.The company owns and runs ePharmacy and an online clinical lab service.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 5856 21.4% | 4825 21.5% | 3970 24.2% | 3196 1.9% | 3136 35.5% | 2314 8.2% | 2139 5.9% | 2020 16.0% | 1742 26.9% | 1373 - | 3 -9.2% | 3 -36.9% | 5 -98.7% | 385 29.9% | 296 - |
| Net Operating Income (INR Cr) | 5625 23.42% | 4558 20.59% | 3779 23.13% | 3069 6.92% | 2871 26.31% | 2273 6.66% | 2131 5.95% | 2011 16.07% | 1733 0.00% | 1368 0.00% | 3 -1.16% | 3 -14.80% | 3 -99.20% | 382 30.51% | 293 0.00% |
| Profit (INR Cr) | 65 31.6% | 50 -48.1% | 96 50.0% | 64 2829.4% | 2 -81.7% | 12 -71.9% | 42 46.9% | 29 218.6% | 9 21.3% | 7 - | -7 - | -2 - | -2 - | -8 - | -19 - |
| Assets (INR Cr) | 2620 8.3% | 2419 7.3% | 2253 68.1% | 1341 30.7% | 1026 40.4% | 731 54.4% | 473 19.4% | 396 2.7% | 386 19.0% | 324 126.6% | 143 -4.7% | 150 4.2% | 144 -1.5% | 146 33.7% | 110 - |
| Net Worth (INR Cr) | 1578 5.8% | 1491 5.2% | 1418 94.1% | 731 38.4% | 528 81.2% | 291 -4.0% | 303 104.9% | 148 7.9% | 137 0.0% | 141 0.0% | 135 -5.0% | 142 -1.4% | 144 -1.6% | 146 56.2% | 94 0.0% |
| Employee Cost (INR Cr) | 626 14.8% | 545 38.4% | 394 16.3% | 339 24.3% | 272 28.9% | 211 11.3% | 190 4.3% | 182 12.8% | 162 19.6% | 135 - | 1 - | 0 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 96 | 83 | 66 | 55 | 47 | 50 | 28 | 19 | 17 | 14 | 2 | 0 | 0 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 142 | 284 | 34 | 119 | 141 | 50 | 58 | 41 | 50 | 48 | 0 | 2 | 2 | 29 | 6 |
| Total Debt (INR Cr) | 1010 | 900 | 815 | 590 | 477 | 429 | 162 | 192 | 210 | 158 | 8 | 8 | 0 | 0 | 16 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.1% | 1.0% | 2.4% | 2.0% | 0.1% | 0.5% | 2.0% | 1.4% | 0.5% | 0.5% | - | - | - | - | - |
| Profit As % Of Assets | 2.5% | 2.1% | 4.3% | 4.8% | 0.2% | 1.6% | 9.0% | 7.3% | 2.4% | 2.3% | - | - | - | - | - |
| Profit As % Of Networth | 4.2% | 3.3% | 6.8% | 8.7% | 0.4% | 4.1% | 14.0% | 19.5% | 6.6% | 5.3% | - | - | - | - | - |
| Interest Cost to EBITDA % | 27.2% | 31.3% | 24.4% | 25.3% | 35.0% | 42.0% | 48.0% | 27.5% | 46.1% | 43.2% | - | - | - | - | - |
| Debt to Equity Ratio | 0.64 | 0.60 | 0.57 | 0.81 | 0.90 | 1.47 | 0.54 | 1.29 | 1.53 | 1.12 | 0.06 | 0.06 | - | - | 0.17 |
| RONW | 4.3% | 3.5% | 8.8% | 10.0% | 0.4% | 4.0% | 18.4% | 17.4% | 5.2% | 4.0% | - | - | - | - | - |
| ROCE | 6.7% | 5.6% | 10.3% | 12.7% | 8.7% | 12.1% | 12.2% | 16.3% | 8.4% | 7.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |