Medi Assist Healthcare share price target 2024, 2025, 2030, 2040 and 2050

In this article, we delve into a comprehensive analysis of Medi Assist Healthcare Ltd share price targets for the years 2024, 2025, 2026, 2027, 2030, 2040, and 2050. Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more.

About

Medi Assist Healthcare, established in June 2002, became publicly listed on both NSE and BSE on January 23, 2024, at ₹465, marking an 11.2% increase from its initial offer price of ₹397.

Specializing in health-tech and insurance-tech services, Medi Assist Health actively oversees health benefits for employers, retail members, and public health schemes, with a primary focus on serving insurance companies.

Founded	June 2002
Listing Date	23 January 24
NSE symbol	MEDIASSIST
Chairman & MD	Dr. Vikram Jit Singh Chhatwal
Sector	Healthcare
Headquarters	Bangalore

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Financial Details

The company has a Market Capitalization of ₹3,269 Crores, indicating its total market value.

The Stock Price-to-Earnings (P/E) ratio stands at 46.7, signifying the multiple investors are willing to pay for each unit of earnings.

The Return on Capital Employed (ROCE) is reported at 25.9%, indicating the efficiency of capital utilization.

Return on Equity (ROE) is noted at 19.6%, reflecting the profitability relative to shareholder equity.

The Debt to Equity ratio is low at 0.08, suggesting a conservative capital structure with minimal reliance on debt. The company holds a debt of ₹31.4 Crores.

Foreign Institutional Investors (FII) hold 7.66% of the company’s shares, and Domestic Institutional Investors (DII) hold 21.2%.

Earnings Per Share (EPS) is ₹10.8, representing the portion of profit allocated per share.

The company has witnessed a sales growth of 28.2%. The average sales growth for the past 3 years is 16.6%

Market Cap	₹ 3,269 Cr	Stock P/E	46.7
ROCE	25.9 %	ROE	19.6 %
Debt to equity	0.08	Debt	₹ 31.4 Cr
FII Holding	7.66 %	DII Holding	21.2%
EPS	₹ 10.8	Sales growth	28.2 %

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Financial Statement

In 2023, the company achieved a substantial increase in net sales, reaching ₹505 crores, compared to ₹394 crores in 2022 and ₹326 crores in 2021. This growth in net sales suggests positive market dynamics, effective business strategies, or other factors contributing to increased revenue.

Concurrently, expenses incurred by the company amounted to ₹385 crores in 2023, reflecting an upward trend from ₹302 crores in 2022 and ₹250 crores in 2021. The rise in expenses may be attributed to factors such as expanded operations, increased production costs, or other operational considerations.

Despite the escalation in expenses, the company managed to attain a profit after tax of ₹120 crores in 2023, showcasing its ability to maintain profitability. This marks a significant improvement from the previous year’s profit after tax of ₹92 crores in 2022 and ₹75 crores in 2021.

Particulars	2023	2022	2021
Net Sales	505	394	326
Expenses	385	302	250
Profit After Tax	120	92	75

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Table of Medi Assist Healthcare Ltd Share Price Target

Year	Min Target	Max Target
2024	₹546	₹590
2025	₹628	₹722
2026	₹830	₹955
2027	₹1,098	₹1,263
2030	₹3,863	₹4,442
2040	₹11,814	₹13,586
2050	₹31,425	₹36,139

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Medi Assist Healthcare Ltd share price target in 2024:

• Minimum Target: ₹546
• Maximum Target: ₹590

In the upcoming year, the company is anticipated to maintain a price range between ₹546 and ₹590

Medi Assist Healthcare Ltd share price target in 2025:

• Minimum Target: ₹628
• Maximum Target: ₹722

Moving into 2025, the projected price range widens, reaching between ₹628 and ₹722

Medi Assist Healthcare Ltd share price target in 2026:

• Minimum Target: ₹830
• Maximum Target: ₹955

Further into the future, specifically in 2026, the anticipated price range expands to ₹830 to ₹955.

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Medi Assist Healthcare Ltd share price target in 2027:

• Minimum Target: ₹1,098
• Maximum Target: ₹1,263

By 2027, the company’s share price is expected to aim for a range of ₹1,098 to ₹1,263.

Medi Assist Healthcare Ltd share price target in 2030:

• Minimum Target: ₹3,863
• Maximum Target: ₹4,442

Looking ahead to 2030, the minimum and maximum targets extend to ₹3,863 and ₹4,442, respectively.

Medi Assist Healthcare Ltd share price target in 2040:

• Minimum Target: ₹11,814
• Maximum Target: ₹13,586

In the long term, by 2040, the company is anticipated to potentially reach a price range between ₹11,814 and ₹13,586.

Medi Assist Healthcare Ltd share price target in 2050:

• Minimum Target: ₹31,425
• Maximum Target: ₹36,139

Projected into 2050, the minimum and maximum targets suggest a potential price range of ₹31,425 to ₹36,139.

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Positive and Negative Points of Medi Assist Healthcare Ltd

Positive

• Compnay’s ROCE 25.9 % is greater than our benchmark of 15%
• Company’s ROE 19.6% is greater that our benchmark of 15%.
• The company is almost debt free.

Negative

• Company sector is highly competitive

Disclaimer

Investing in stock market is risky and subject to the market condition. This article provides an examination of the company for educational purposes only. We are not SEBI( Stock exchange board of India) registered advisors, and this is not an investment advice. We do not provide tips or calls. Before making any investment decisions, please conduct your own research or consult a qualified financial advisor.

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