{"id":140786,"date":"2023-02-09T13:19:50","date_gmt":"2023-02-09T18:19:50","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140786"},"modified":"2023-02-09T13:19:51","modified_gmt":"2023-02-09T18:19:51","slug":"medplus-health-limited-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/medplus-health-limited-q3fy23-earnings\/","title":{"rendered":"MedPlus Health Limited Q3FY23 Earnings"},"content":{"rendered":"\n<p>When it comes to the number of stores and revenue, <a href=\"https:\/\/44.250.171.167\/symbol\/medplus\/\" target=\"_blank\" rel=\"noreferrer noopener\">MedPlus Health Services<\/a> is one of the largest pharmacy retailers in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>Consolidated revenue for the <a href=\"https:\/\/www.medplusindia.com\/uploads\/corporate\/Investor_Presentation_Q3FY23.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">company<\/a> was INR 11,903 million, up 6.2% from one quarter to the next and 27.5% over the prior year. The company\u2019s consolidated operating EBITDA stood at INR 371 million, representing 3.1 percent. This represents a 31 per cent quarter-on quarter and 1.2 percent year-on-year growth. The company\u2019s pharmacy operations contribute to around 99 per cent of its revenue. The pharmacy operating EBITDA was Rs 406 million, representing 3.5 percent.\u00a0<\/p>\n\n\n\n<p>The company\u2019s net working capital for Q3 was 63 days and the inventory in their warehouse was 37 days, on working capital.<\/p>\n\n\n\n<p>As it is known, new retailers&#8217; inventory turnover is lower in the first year due to the sales trajectory of new stores.&nbsp; The first new outlets opened by the company had an inventory level of 109 days in Q3. In contrast, the inventory for those stores older than a year was 38 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to the number of stores and revenue, MedPlus Health Services is one of the largest pharmacy retailers in India. Financial Results: Consolidated revenue for the company was INR 11,903 million, up 6.2% from one quarter to the next and 27.5% over the prior year. The company\u2019s consolidated operating EBITDA stood at INR [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":138183,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5747],"tags":[9095],"class_list":["post-140786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-healthcare-stocks","tag-medical"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179214,"url":"https:\/\/alphastreet.com\/india\/medplus-health-reports-26-profit-surge-in-q3-on-robust-pharmacy-expansion\/","url_meta":{"origin":140786,"position":0},"title":"MedPlus Health Reports 26% Profit Surge in Q3 on Robust Pharmacy Expansion","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"MedPlus Health Services Limited (NSE: MEDPLUS) reported a strong financial performance for the third quarter ended December 31, 2025, with net profit climbing 26% year-on-year. The results, underpinned by a 15.7% increase in revenue, highlight the company\u2019s success in scaling its pharmacy network beyond Tier-1 cities and improving store-level unit\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":148080,"url":"https:\/\/alphastreet.com\/india\/medplus-health-services-q4fy23-earnings\/","url_meta":{"origin":140786,"position":1},"title":"MedPlus Health Services Q4FY23 Earnings","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"India\u2019s Leading Pharmacy company MedPlus Health Services is the second-largest pharmacy retailer in India in terms of revenue and number of stores. Financial Results: MedPlus Health Services Ltd. reported Total Income for Q4FY23 of \u20b9 1,267 Crores up from \u20b9 979 Crore year on year, a rise of 29%.Total Expenses\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":159135,"url":"https:\/\/alphastreet.com\/india\/medplus-health-services-ltd-q3fy24-8-rise-in-profits\/","url_meta":{"origin":140786,"position":2},"title":"Medplus Health Services Ltd Q3FY24; 8% rise in Profits","author":"Chirag Gupta","date":"February 23, 2024","format":false,"excerpt":"India\u2019s Leading Pharmacy company MedPlus Health Services is the second-largest pharmacy retailer in India in terms of revenue and number of stores. The company has 4089 stores across the states of Telangana (679 stores), Andhra Pradesh (454 stores), Karnataka (893 stores), Tamil Nadu (845 stores), West Bengal (506 stores), Maharashtra\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-193.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-193.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-193.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-193.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-193.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-193.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":161660,"url":"https:\/\/alphastreet.com\/india\/medplus-health-services-ltd-q4fy24-26-rise-in-profits\/","url_meta":{"origin":140786,"position":3},"title":"Medplus Health Services Ltd Q4FY24; 26% rise in Profits","author":"Chirag Gupta","date":"May 29, 2024","format":false,"excerpt":"India\u2019s Leading Pharmacy company MedPlus Health Services is the second-largest pharmacy retailer in India in terms of revenue and number of stores. The company has 4089 stores across the states of Telangana (679 stores), Andhra Pradesh (454 stores), Karnataka (893 stores), Tamil Nadu (845 stores), West Bengal (506 stores), Maharashtra\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-209.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-209.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-209.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-209.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-209.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-209.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142393,"url":"https:\/\/alphastreet.com\/india\/zee-entertainment-posted-92-per-cent-fall-in-net-profit-in-q3fy23\/","url_meta":{"origin":140786,"position":4},"title":"Zee Entertainment posted 92 per cent fall in net profit in Q3FY23","author":"Chirag Gupta","date":"February 21, 2023","format":false,"excerpt":"Zee Entertainment Enterprises (ZEE) posted 92 percent fall in consolidated net profit at INR 24.3 crore for the October-December 2022 quarter, compared to INR 299 crore in the same period a year-ago. Meanwhile, its revenue from operations remained flat at around INR 2,111 crore, down 0.1 percent year-on-year, Zee reported\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":134646,"url":"https:\/\/alphastreet.com\/india\/wipro-q2fy23-results-out-revenues-up-by-15\/","url_meta":{"origin":140786,"position":5},"title":"Wipro Q2FY23 results out, Revenues up by 15%","author":"Chirag Gupta","date":"October 13, 2022","format":false,"excerpt":"On October 12, IT services major Wipro Ltd reported a 10% dip in its consolidated net profit for the quarter ended September 30, 2022. The company was already in the news as it fired 300 employees due to moonlighting.\u00a0\u00a0 The company gave a revenue growth guidance of 0.2-2 per cent\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/wipro-logo-sustainability-1100x560-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/wipro-logo-sustainability-1100x560-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/wipro-logo-sustainability-1100x560-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/wipro-logo-sustainability-1100x560-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/wipro-logo-sustainability-1100x560-1.png?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140786"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/138183"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}