MedPlus Franchise

Total excludes a charge whose amount MedPlus doesn't disclose.

* Breakdown as published by MedPlus. MedPlus confirms one charge without disclosing the amount — get it in writing before you pay.

Ways to Partner with MedPlus

4 partner models published by the brand. Figures it doesn't publish are left blank.

How MedPlus says an outlet's numbers work. These are illustrations, not guarantees — check them against existing franchisees before you sign.

What the press, courts and real franchisees or customers have said about MedPlus — summarised by us, with every source linked.

• In the news· Jul 2026

  Franchise model 'still experimental'; 27 franchisees withdrew in a quarter

  On the Jul 2026 earnings call, MedPlus said 27 franchise outlets closed in Apr–Jun 2026, that the closed stores averaged about eight months old, that first-time owners faced an 'expectation mismatch', and that it is adjusting the model with first-year fee support. The CEO called franchising the only way to scale.

  Source: Investing.com call transcript
• In the news· Jul 2026

  Margins fell as franchise share rose

  Investing.com's summary of the Q1 FY27 presentation: operating EBITDA margin fell to 3.5% from 4.7%; MedPlus attributed 50 basis points of the gross-margin drop to lower margins in the franchisee business.

  Source: Investing.com
• regulatory· Jun 2026

  Drug-licence suspensions at 22 stores

  MedPlus disclosed that drug regulators suspended the licences of 22 stores run by its subsidiary Optival for one to fifteen days in orders received in May–Jun 2026 (cumulative count in its 10 Jun 2026 disclosure), under Rule 65 of the Drugs and Cosmetics Rules, in Maharashtra, Telangana, Karnataka, Delhi and Andhra Pradesh. Potential revenue loss was about ₹24 lakh.

  Source: ScanX (from MedPlus's exchange disclosures)
• regulatory· Jul 2026

  More drug-licence suspensions in Jul–Aug 2026

  MedPlus disclosed on 26 Jul 2026 a two-day drug-licence suspension at its subsidiary's store on Busstand Road, Bijapur (Karnataka) under Rule 65, with a potential revenue loss of about ₹29,000 (ScanX). Investywise reported on 6 Aug 2026 three more one-day suspensions at Karnataka stores in Vijayapura, Sindagi and Raichur.

  Source: ScanX; Investywise (from MedPlus's exchange disclosures)
• In the news· May 2016

  2016 franchise target vs today

  In May 2016 MedPlus announced 1,100 franchise stores in Telangana and Andhra Pradesh by year-end and said franchises would bring half its revenue the next year; by Jun 2026 it reported 664 franchise stores. An industry insider told Business Standard an earlier franchise experiment in Gujarat had not succeeded.

  Source: Business Standard

Key Terms at MedPlus

The clauses that shape day-to-day running and your exit — read these before the fee.

Exit

When a franchisee wants to leave, MedPlus's CFO said in Jul 2026 that in 99% of cases the company re-looks at it and may help with the exit or find another franchisee to take over the unit.

Payments to the brand

MedPlus says it is now helping new franchisees reach break-even faster and supporting them with fees in the first year (CFO, Jul 2026); the fee itself is not published.

Supply & stock

MedPlus offers franchise partners its inventory, supply chain, product range and pricing; it does not publish whether buying from MedPlus is compulsory.

Other terms

MedPlus does not publish contract length, royalty, margin, territory, renewal or transfer terms for franchisees.

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Who Can Apply for MedPlus

Conditions the brand sets for partners, and the licences the business needs.

• Pharmacist route: qualification: B.Pharm, D.Pharm or M.Pharm with PCI registrationRequired
• Pharmacist route: service: Two years as a MedPlus pharmacist in Hyderabad (salary ₹22–27K a month CTC plus a ₹50K retention bonus)Required
• Conversion: existing pharmacy: An operating medical store; MedPlus's forms ask for its sales, average stock value and store areaRequired

About the Brand

MedPlus Outlet Network

Cities with Outlets

The franchisor's own company health — separate from what a single franchise outlet earns.

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What MedPlus's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar

Active

Annual filings

Up to date

Last AGM

15 Sep 2025 (latest on MCA record via Tracxn; the 20th AGM was called for 17 Aug 2026)

Late payments to small suppliers

1338

Paid-up capital

₹24.01 Cr

Auditor

B S R and Co. (statutory auditors)

Brand trademark

Registered: 'Medplus' word mark in class 42 (no. 1526061, filed 2007) and device marks in classes 41 and 42; its 2018 'Medplus' applications in classes 5 and 44 and several newer ones (e.g. MedPlus Mart, MedPlus Diagnostics) are opposed.

Source: MCA data via Tracxn; MedPlus annual report FY2025-26; Q1 FY27 investor presentation and call; stock-exchange disclosures; Indian Kanoon (checked Oct 2026)

How MedPlus looks once the numbers are checked side by side.

• •Investment in line with the Healthcare & Pharmacy medianMidpoint ₹27.5 L vs a category median of ₹21.4 L across brands on FranchiseChuno.
• ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
• ✓Brand operating for 20 yearsFounded in 2006. The brand doesn't state when franchising began.
• !5 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.

Ask Before You Sign

Questions tailored to what MedPlus does and doesn't publish.

1. 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
5. 5Ask whether you get an exclusive territory, and how large it is.
6. 6Ask the brand to respond to each red flag listed under Reputation & News.
7. 7Have a lawyer review the franchise agreement before paying anything.
8. 8Visit 2–3 existing outlets and speak to their owners without the brand present.

What MedPlus franchisees say

We haven't yet heard from enough MedPlus franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

Frequently Asked Questions