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MedPlus Health Services Limited (MEDPLUS) Fair Value & Analysis

Healthcare · IN · Market cap ₹98.1B

MH MedPlus Health Services Limited MEDPLUS · NSE
Price₹816.95
Fair Value₹393.38
Upside-51.8%
Quality59/100
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Evidence: High Range ₹275.37 – ₹511.40

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price −8.2% over the past month.

Price vs Fair Value (12 months)

₹948.04 ₹737.24 Fair Value ₹393.38 Jul 2025 Jul 2026

12‑month range ₹737.24 – ₹948.04 · fair‑value band ₹275.37 – ₹511.40 · the ₹816.95 price screens above the ₹393.38 fair value. As of Jul 3, 2026.

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Analysis

MedPlus Health Services Limited (MEDPLUS) currently trades at ₹816.95, while our model-based Fair Value estimate is ₹393.38 — implying the stock looks roughly 51.8% overvalued today. We read business quality at 59/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, MedPlus Health Services Limited generated revenue of ₹68.9B at a net margin of 3.2%. Revenue grew 23.5% year over year. It earns a return on equity of 11.8%. Net debt stands at ₹9.6B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹68.9B
Revenue growth (YoY) +23.5%
Net margin 3.2%
Return on equity 11.8%
Free cash flow ₹4.0B FY2026
P/E ratio 44.7
More key figures
Operating margin 5.0%
EPS (TTM) ₹18.29
EPS growth (YoY) +24.1%
Net debt ₹9.6B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

MedPlus Health Services Limited engages in the retail trading of medicines and general items in India. It manufactures and trades in pharmaceutical and wellness products, such as prescription medicines, over-the-counter drugs, vitamins, medical devices, and diagnostic test kits; and fast-moving consumer goods (FMCG), including personal and home care products like toiletries, baby care items, soaps, detergents, and sanitizers. The company also engages in wholesale cash and carry; provision of diagnostic, pathological, and laboratory testing services, as well as contract manufacturing of private-label pharmaceuticals, wellness products, and FMCG goods; and operates diagnostic centres. It distributes its products through retail and online channels. The company was incorporated in 2006 and is based in Hyderabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

MedPlus Health Services Limited reported revenue of ₹68.9B in FY2026 versus ₹37.8B in FY2022, a compound +16.2%/yr. Reported net income was ₹2.2B in FY2026, compounding +23.1%/yr from FY2022.

Revenue +16.2%/yr
FY22 ₹37.8B
FY23 ₹45.6B
FY24 ₹56.2B
FY25 ₹61.4B
FY26 ₹68.9B
Net income +23.1%/yr
FY22 ₹958M
FY23 ₹498M
FY24 ₹655M
FY25 ₹1.5B
FY26 ₹2.2B

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Similar stocks

6 more Pharmaceutical Retailers stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
JD Health International Inc JDHIY $4.26 $6.93 +63%
Alibaba Health Information Technology Limited ALBBY $8.42 $6.94 -18%
Raia Drogasil S.A RADL3 R$16.79 R$20.39 +21%
Yifeng Pharmacy Chain Co 603939 ¥19.75 ¥29.07 +47%
Clicks Group CLCGY $28.55 $41.54 +45%
Sugi Holdings SGIPF $16.29 $29.89 +83%

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Frequently asked questions

Is MedPlus Health Services Limited (MEDPLUS) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹393.38 versus a price of ₹816.95 — about −52% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MEDPLUS?
Our model-based fair value for MedPlus Health Services Limited is ₹393.38 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹816.95.
What is the quality score of MEDPLUS?
MedPlus Health Services Limited has a Quality Score of 59/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of MedPlus Health Services Limited (MEDPLUS)?
MedPlus Health Services Limited reported trailing-twelve-month revenue of about ₹68.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MEDPLUS?
The net profit margin of MedPlus Health Services Limited is about 3.2%, meaning it keeps roughly 3.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.