1. At a Glance – The Healthcare Multibagger That Woke Up in FY25
₹749 per share.
₹1,464 crore market cap.
3-month return: 39.9%.
6-month return: 182%.
1-year return: 157%.
And the latest quarter? Revenue ₹141 crore. PAT ₹21.7 crore. Profit growth 522% YoY. Sales growth 323% YoY.
Ladies and gentlemen, welcome to One Global Service Provider Ltd, a company that quietly existed for decades… and then suddenly decided to behave like it discovered a hidden turbo button.
ROCE stands at 56.4%. ROE at 42.3%. Stock P/E is 23.6 versus industry median 35+. Debt? Practically zero at ₹0.03 crore. Promoter holding jumped to 68.38%.
The real drama? A merger with Plus Care Internationals, 12.44 million shares allotted, explosive revenue growth, and board-level resignations happening faster than OTT plot twists.
So the big question:
Is this a healthcare services powerhouse finally scaling up… or a post-merger balance sheet flex?
Let’s dissect this patient.
2. Introduction – From Silent File to Flashy Performer
Incorporated in 1992, One Global Service Provider Ltd (OGSPL) operated in the healthcare services space. For years, numbers were modest. Then FY24 and FY25 happened.
Revenue exploded from ₹63 crore in FY24 to ₹147 crore in FY25. TTM sales are now ₹420 crore. Profit growth TTM stands at 441%.
This is not incremental growth. This is “Did we change the engine?” growth.
The company operates in life sciences and healthcare solutions globally. It offers:
- Mass screening
- Diagnostics
- Healthcare sciences
- IT consultancy
- Online platform for healthcare products
And then came the Scheme of Amalgamation with Plus Care Internationals Private Limited, approved by NCLT in March 2025 and implemented via share allotment in July 2025.
Suddenly, revenue scale multiplied.
Coincidence?
Or corporate chemistry?
Also, CFO resigned in March 2024. A new Executive Director appointed December 2025. Resigned February 2026.
This company doesn’t believe in boring boardrooms.
Before we get dramatic, let’s understand what they actually do.
3. Business Model – WTF Do They Even Do?
Think of OGSPL as a healthcare services aggregator with an IT twist.
They operate across:
