MarketFriction

QMS Medical Allied Services Ltd

NSE QMSMEDI · Medical Equipment & Supplies
₹195.67 -5.00%
NSE close2026-10-01
52 week range68.95 - 216.79
Market cap₹419 Cr.
P/E39.0
IPO 2022 · +62% since ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Dec 2023Mar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales35.2432.2937.2043.8744.5846.5044.7037.2644.4256.87
Expenses30.4028.3429.9636.9338.2139.9637.7830.5138.5048.56
Operating Profit4.843.957.246.946.376.546.926.755.928.31
OPM %13.73%12.23%19.46%15.82%14.29%14.06%15.48%18.12%13.33%14.61%
Other Income0.150.110.330.191.090.320.220.300.220.42
Interest0.810.991.071.311.411.441.361.752.081.71
Depreciation0.880.880.840.861.360.930.941.021.391.47
Profit before tax3.302.195.664.964.694.494.844.282.675.55
Tax %25.76%29.68%25.27%30.24%23.24%29.62%26.24%25.70%29.21%28.65%
Net Profit2.441.544.233.473.603.163.583.171.883.96
EPS in Rs1.260.801.781.511.731.521.611.240.821.89
Mar 2024Mar 2025Mar 2026TTM
Sales122156173183
Expenses104130147155
Operating Profit18252628
OPM %15%16%15%15%
Other Income0211
Interest3577
Depreciation3445
Profit before tax12191617
Tax %26%27%27%
Net Profit9141213
EPS in Rs4.666.265.245.56
Dividend Payout %0%74%95%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%6%
Compounded Profit Growth%%%-15%
Stock Price CAGR%%18%116%
Return on Equity%%12%10%
Mar 2024Mar 2025Mar 2026
Equity Capital181819
Reserves617285
Borrowings356074
Other Liabilities224034
Total Liabilities135190213
Fixed Assets245255
CWIP233
Investments235
Other Assets108131150
Total Assets135190213
Mar 2024Mar 2025Mar 2026
Cash from Operating Activity11919
Cash from Investing Activity-3-45-20
Cash from Financing Activity0271
Net Cash Flow-110
Free Cash Flow11919
CFO/OP26%97%93%
Mar 2024Mar 2025Mar 2026
Debtor Days124136142
Inventory Days172176181
Days Payable907673
Cash Conversion Cycle205236251
Working Capital Days14810093
ROCE %17%13%
Dec 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026Jun 2026
Promoters73.67%73.67%73.67%73.67%73.67%73.67%73.67%68.11%68.11%68.11%
FIIs0.71%1.21%1.02%0.01%0.01%0.01%0.01%0.01%0.00%0.00%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.60%1.59%1.59%
Public25.62%25.12%25.32%26.33%26.33%26.33%26.33%30.28%30.30%30.30%
No. of Shareholders9251,0431,2131,5861,6951,5191,4891,5641,4991,554

Fundamentals

Market Cap₹ 419 Cr.
Current Price₹ 217
Stock P/E39.0
Book Value₹ 53.9
ROCE12.9 %
ROE10.4 %
Dividend Yield0.23 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)6%
Compounded Profit Growth (TTM)-15%
Consolidated figures.
Ownership
Promoter holding68.11% (-5.56 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodQMSMEDINifty 50Difference
1 week+1.6%-2.8% +4.4 pts
1 month+21.3%-6.8% +28.1 pts
3 months+87.4%-7.6% +95.0 pts
6 months+167.7%+0.4% +167.3 pts
1 year+134.6%-9.9% +144.5 pts
2 years+75.8%-13.6% +89.4 pts
3 years+46.5%+14.2% +32.3 pts

Red flags

lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹57 Cr +22.3% vs Jun 2025. Net profit ₹4 Cr +25.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-23Dividend - Re 0.50 Per Share
DateTypeWhat it says
2026-10-02Shareholder meetingVoting results.
2026-10-01Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03