Medplus Health Services shares zoomed 11.3% on BSE, logging an intra-day high at ₹1,020.35 per share following the release of strong Q4FY26 results. However, at 10:01 AM, the stock pared some gains but was still up 8.67% at ₹995.55 per share. In comparison, the BSE Sensex was up 0.37% at 75,596.27, indicating strong investor interest in the pharmacy retailer's performance.
According to reports from Business Standard, in the March quarter (Q4FY26), Medplus Health reported a net profit of ₹63.97 crore, compared to ₹51.32 crore a year ago, representing a 24.6% increase. The company's revenue from operations stood at ₹1,864.39 crore, compared to ₹1,509.6 crore year-on-year, marking a 23.5% growth. The company's Earnings before interest, tax, depreciation, and amortisation (Ebitda) stood at ₹107.63 crore, compared to ₹80.33 crore Y-o-Y, with Ebitda margin at 5.8% against 5.3% a year ago.
MedPlus Health Services operates as a pharmacy retail chain founded in 2006 by Gangadi Madhukar Reddy, a doctor-turned-entrepreneur who serves as Founder, Managing Director, and Chief Executive Officer. As reported by Business Standard, the company operates over 5,000 stores across 800-plus cities in 10 states — Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, Maharashtra, Kerala, Chhattisgarh, and Madhya Pradesh. The company employs over 28,000 permanent full-time employees and has a diversified business model spanning wholesale distribution, manufacturing, and contract manufacturing of private label pharmaceutical, wellness, and FMCG products, along with import and diagnostic centres.
According to Business Standard, beyond retail pharmacy, MedPlus has a diversified business model that includes wholesale distribution, manufacturing, and contract manufacturing of private label pharmaceutical, wellness, and FMCG products. The company also operates import and full-fledged diagnostic centres, with its omni-channel platform allowing customers to access services through physical stores as well as digital channels, including medicine ordering via WhatsApp. This technology-led approach reflects the company's focus on customer convenience and efficiency in its operations.
