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Poly Medicure Limited POLYMED NIFTY_SMALLNSEPHARMA

Healthcare · Medical Instruments & Supplies · India
https://www.polymedicure.com
Company Profile ↓
₹1,677.00
-24.31% 1Y
Mkt Cap₹16,997.99 Cr
P/E49.16
P/B5.39
Div. Yield0.21%
52W High₹2,215.71
52W Low₹1,191.10
Book Value₹306.45
EPS (TTM)₹34.11

Company Overview

Poly Medicure Limited engages in the manufacture and sale of medical devices in India and internationally. The company offers infusion therapy products, such as I.V Infusion set, extension lines, needle free connector, I.V flow regulator extension set, burette set, three way stop cock, vial access spike, transfer spike, orburator, polyflush, maifolds, polyswab, and arterial blood collection; critical care products, including vial access spikes, arterial cannula, mini mid lines over the wire, extension line, enteral connector, central venous catheters, and huber needle; dialysis and renal care products, comprising peritoneal dialysis set, haemocent, standard and safety fistula needle, dialyzer, bloodlines and dialysis system. It also provides cardiology products PTFE wire, inflation device, Y-connector, manifold, introducer, IV Cannula, hydrophilic wire, guiding catheter, drug eluting stent, PTCA dilation catheter, diagnostic catheter, and electrocardiograph electrodes; vaccular access products; oncology products; diagnostics products, such as blood collection tubes, safety blood collection set, blood collection needles, and standard needle holder. In addition, the company offers transfusion system products, including blood bags, blood administration set, and others; anesthesia and respiratory care products, comprising variable concentration masks, oxygen mask with reservoirs, fixed concentration masks, aerosol therapy masks, ventilator circuits, suction catheters, spinal needle, polyciser, oxygen catheter, nebulizer compressor system, twin bore nasal oxygen cannula mucus extractor, HME filter, oro-pharyngeal airways, endotracheal tubes, catheter mount, and brain circuit; urology products, including urine collection bags, leg bag set, irrigation sets, foley balloon and urine drainage catheters, and urine collection bags with measured volume meters; wound drainage; and gastroenterology products. The company was incorporated in 1995 and is based in New Delhi, India.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 22.7% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 19.1% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 17.7%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.11.

Recent Developments

  • Mar 2026 Revenue of ₹1,875.26 Cr (+12.3% YoY); net profit ₹331.29 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +12.3%, earnings -2.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR 19.1%, profit CAGR 22.7%.

Growth & Price Performance

Compounded Sales Growth

5 Years:19.15%
1 Year:12.30%

Compounded Profit Growth

5 Years:22.71%
1 Year:-2.15%

Stock Price Performance

1 Year:-24.31%
6 Months:-5.59%
3 Months:+12.03%
1 Month:+10.99%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 47% of range
₹1,191.10 ₹2,215.71
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)58.31 · Neutral
Price Performance
1M+10.99%
3M+12.03%
6M-5.59%
1Y-24.31%
Valuation vs Sector

P/E of 49.16 is above the sector median of 39.97 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 19.1% over 5 years.
  • Profit CAGR of 22.7% over 5 years.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
49.16
Industry PE
39.97
Forward P/E
35.66
PEG Ratio
-
Book Value
₹306.45
Price to Book
5.39
P/S
8.94
EV/EBITDA
36.88
Dividend Yield
0.21%

Growth (CAGR)

Revenue 5Y
19.15%
Profit 5Y
22.71%
Revenue (YoY)
12.30%
Earnings (YoY)
-2.15%

Profitability & Returns

ROCE
13.33%
ROE
10.67%
ROA
8.45%
Profit Margin
17.67%
Op Margin
17.43%
Gross Margin
68.17%
EPS (Latest Qtr)
₹6.53
EPS (TTM)
₹34.11

Balance Sheet & Liquidity

Debt/Equity
0.11
Quick Ratio
2.62
Current Ratio
3.37
Debt
₹353.58 Cr
Total Assets
₹3,918.57 Cr
Current Assets
₹1,941.73 Cr
Working Capital
₹1,366.21 Cr

Ownership

Promoter Holding
65.08%
Chg in Prom Hold
-2.83%
FII / Inst Holding
17.36%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
₹16,997.99 Cr
Total Revenue (TTM)
₹1,875.26 Cr
EBITDA
₹561.28 Cr
Free Cash Flow
₹-62.02 Cr
Operating Cash Flow
₹246.37 Cr
Shares Outstanding
₹10.14 Cr
Gross Margin
68.17%
Payout Ratio
11.02%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 POLYMED Poly Medicure Limited NIFTY_SMALLNSEPHARMA 1,677.00 49.16 ₹16,997.99 Cr 0.21% 13.33% 10.67% 19.15% 22.71%
2 SUNPHARMA Sun Pharmaceutical Industries Limited NIFTY50NSEAIPHARMA 1,948.80 40.77 ₹4.68 L Cr 0.83% 17.94% 13.74% 10.39% 10.65%
3 DIVISLAB Divi's Laboratories Limited NSEPHARMA 7,315.50 75.61 ₹1.94 L Cr 0.44% 18.96% 15.32% 11.27% 12.08%
4 TORNTPHARM Torrent Pharmaceuticals Limited NSEPHARMA 4,952.20 87.70 ₹1.68 L Cr 0.78% 9.05% 25.79% 13.27% 20.22%
5 APOLLOHOSP Apollo Hospitals Enterprise Limited NIFTY50NSEAIPHARMA 8,981.00 66.51 ₹1.29 L Cr 0.23% 19.79% 20.48% 15.33% 33.34%
6 CIPLA Cipla Limited NIFTY50NSEAIPHARMA 1,440.10 22.07 ₹1.16 L Cr 0.90% 14.86% 11.27% 7.23% 11.45%
7 ZYDUSLIFE Zydus Lifesciences Limited NSEPHARMA 1,137.40 22.71 ₹1.14 L Cr 0.09% 19.04% 18.59% 16.55% 36.99%
8 LUPIN Lupin Limited NIFTY_MIDNSEPHARMA 2,494.30 21.42 ₹1.14 L Cr 0.72% 28.42% 23.76% 19.10% 131.46%
9 MAXHEALTH Max Healthcare Institute Limited NSEAIPHARMA 1,099.00 99.82 ₹1.07 L Cr 0.18% 12.57% 13.42% 22.37% 9.34%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 307.00 Cr321.00 Cr337.00 Cr340.00 Cr378.00 Cr385.00 Cr--440.83 Cr403.21 Cr443.88 Cr493.66 Cr534.51 Cr
Cost of Revenue --------148.15 Cr127.23 Cr135.66 Cr312.54 Cr178.16 Cr
Gross Profit --------292.68 Cr275.98 Cr308.22 Cr181.12 Cr356.35 Cr
Operating Expenses 224.00 Cr234.00 Cr253.00 Cr249.00 Cr282.00 Cr281.00 Cr--194.25 Cr193.10 Cr218.47 Cr255.47 Cr284.18 Cr
Operating Income 68.00 Cr71.00 Cr68.00 Cr74.00 Cr80.00 Cr84.00 Cr--98.43 Cr82.88 Cr89.75 Cr-74.35 Cr72.17 Cr
EBITDA 83.00 Cr87.00 Cr84.00 Cr90.00 Cr96.00 Cr104.00 Cr--146.18 Cr149.15 Cr149.59 Cr132.33 Cr129.86 Cr
Interest Expense 2.00 Cr2.00 Cr2.00 Cr3.00 Cr3.00 Cr3.00 Cr--2.17 Cr2.95 Cr2.97 Cr5.96 Cr6.41 Cr
Pretax Income 75.00 Cr83.00 Cr81.00 Cr88.00 Cr92.00 Cr98.00 Cr--122.85 Cr122.95 Cr121.69 Cr97.61 Cr85.22 Cr
Tax Provision 16.50 Cr19.92 Cr18.63 Cr22.88 Cr23.92 Cr24.50 Cr--31.02 Cr29.86 Cr29.89 Cr26.80 Cr20.18 Cr
Net Income 59.00 Cr63.00 Cr62.00 Cr65.00 Cr68.00 Cr74.00 Cr--91.83 Cr93.08 Cr91.83 Cr70.93 Cr65.04 Cr
Diluted EPS 6.136.546.486.787.127.71--8.929.179.066.996.53

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 390.00 Cr411.00 Cr454.00 Cr519.00 Cr610.00 Cr687.00 Cr785.00 Cr-1,108.66 Cr1,365.69 Cr1,669.83 Cr1,875.26 Cr
Cost of Revenue --------509.32 Cr604.32 Cr555.44 Cr596.81 Cr
Gross Profit --------599.34 Cr761.38 Cr1,114.39 Cr1,278.45 Cr
Operating Expenses 304.00 Cr323.00 Cr361.00 Cr397.00 Cr479.00 Cr520.00 Cr569.00 Cr-381.49 Cr458.72 Cr744.18 Cr951.65 Cr
Operating Income 67.00 Cr67.00 Cr69.00 Cr93.00 Cr94.00 Cr125.00 Cr168.00 Cr-217.85 Cr302.65 Cr370.20 Cr326.80 Cr
EBITDA 86.00 Cr88.00 Cr93.00 Cr122.00 Cr131.00 Cr166.00 Cr216.00 Cr-303.20 Cr418.89 Cr547.69 Cr561.28 Cr
Interest Expense 10.00 Cr10.00 Cr8.00 Cr12.00 Cr14.00 Cr20.00 Cr11.00 Cr-8.54 Cr10.70 Cr12.00 Cr18.29 Cr
Pretax Income 85.00 Cr65.00 Cr75.00 Cr97.00 Cr100.00 Cr126.00 Cr180.00 Cr-237.49 Cr344.27 Cr452.52 Cr427.47 Cr
Tax Provision 22.95 Cr17.55 Cr20.25 Cr26.19 Cr35.00 Cr30.24 Cr45.00 Cr-58.21 Cr86.01 Cr113.96 Cr96.18 Cr
Net Income 62.00 Cr48.00 Cr55.00 Cr71.00 Cr65.00 Cr96.00 Cr136.00 Cr-179.28 Cr258.26 Cr338.56 Cr331.29 Cr
Diluted EPS 7.075.476.258.007.4110.8614.1715.2718.6726.9034.11-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 364.00 Cr387.00 Cr457.00 Cr565.00 Cr654.00 Cr767.00 Cr1,224.00 Cr-1,577.21 Cr1,858.67 Cr3,192.45 Cr3,918.57 Cr
Current Assets --------806.69 Cr841.60 Cr1,917.00 Cr1,941.73 Cr
Cash & Equivalents --------7.06 Cr12.05 Cr8.70 Cr51.23 Cr
Inventory --------208.65 Cr221.03 Cr285.57 Cr433.84 Cr
Receivables --------235.43 Cr269.94 Cr349.73 Cr531.17 Cr
Total Liabilities --------335.58 Cr388.62 Cr426.79 Cr769.32 Cr
Current Liabilities --------293.30 Cr351.21 Cr370.17 Cr575.52 Cr
Long Term Debt --------17.50 Cr84.05 L052.09 Cr
Total Debt 79.00 Cr82.00 Cr101.00 Cr133.00 Cr161.00 Cr207.00 Cr137.00 Cr-149.02 Cr173.90 Cr180.25 Cr353.58 Cr
Total Equity 196.00 Cr229.00 Cr271.00 Cr338.00 Cr381.00 Cr435.00 Cr966.00 Cr-1,241.63 Cr1,470.05 Cr2,765.66 Cr3,106.17 Cr
Shares Outstanding --------9.59 Cr9.60 Cr10.13 Cr10.14 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 63.00 Cr63.00 Cr56.00 Cr75.00 Cr106.00 Cr131.00 Cr119.00 Cr-191.05 Cr266.08 Cr233.05 Cr246.37 Cr
Investing Cash Flow -59.00 Cr-31.00 Cr-56.00 Cr-88.00 Cr-101.00 Cr-109.00 Cr-436.00 Cr--179.24 Cr-240.94 Cr-1,187.18 Cr-225.38 Cr
Financing Cash Flow -6.00 Cr-31.00 Cr-016.00 Cr-5.00 Cr-21.00 Cr317.00 Cr--12.51 Cr-20.15 Cr950.51 Cr20.15 Cr
Capital Expenditure -50.00 Cr-32.00 Cr-56.00 Cr-82.00 Cr-75.00 Cr-106.00 Cr-95.00 Cr--239.27 Cr-277.02 Cr-331.03 Cr-308.39 Cr
Free Cash Flow 13.00 Cr31.00 Cr-0-7.00 Cr31.00 Cr25.00 Cr24.00 Cr--48.22 Cr-10.93 Cr-97.98 Cr-62.02 Cr
Net Change in Cash -2.00 Cr1.00 Cr03.00 Cr1.00 Cr1.00 Cr0--69.49 L4.99 Cr-3.63 Cr41.14 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --------54.1%55.8%66.7%68.2%
Operating Margin % 17.2%16.3%15.2%17.9%15.4%18.2%21.4%-19.6%22.2%22.2%17.4%
Net Margin % 15.9%11.7%12.1%13.7%10.7%14.0%17.3%-16.2%18.9%20.3%17.7%
ROE % 31.6%21.0%20.3%21.0%17.1%22.1%14.1%-14.4%17.6%12.2%10.7%
ROCE % --------17.0%20.1%13.1%9.8%

Shareholding Pattern

Insiders
65.08%
Institutions
17.36%
Public Float
49.70%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for POLYMED

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POLYMED Forecast — Price Target — Prediction for 2027 - TradingView

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Google News ue, 26 May 2026

Here's Why We Think Poly Medicure (NSE:POLYMED) Is Well Worth Watching - simplywall.st

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Google News Mon, 25 May 2026

POLYMED: Revenue and profit rose on medical device growth and acquisitions; ₹3.5/share dividend proposed - TradingView

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Google News hu, 22 Jan 2026

Poly Medicure Limited's (NSE:POLYMED) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong? - simplywall.st

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Google News Mon, 25 May 2026

Poly Medicure Q4 Net Profit Falls 27.8% to ₹66.3 Cr Amid Margin Pressure - Sahi

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Google News hu, 30 Apr 2026

Poly Medicure Subsidiary Acquires Brazilian Medical Device Company for R$180,000 - scanx.trade

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POLYMED — Frequently Asked Questions

What is the current share price of Poly Medicure Limited (POLYMED)?

As of 2026-07-15 09:52 IST, Poly Medicure Limited (POLYMED) trades at ₹1,677.00 on NSE. Its 52-week range is ₹1,191.10 to ₹2,215.71.

What is the market capitalisation of POLYMED?

Poly Medicure Limited (POLYMED) has a market capitalisation of ₹16,997.99 Cr on NSE.

What is the P/E ratio of POLYMED?

POLYMED trades at a trailing price-to-earnings (P/E) ratio of 49.16. The industry average P/E is 39.97. Its price-to-book (P/B) ratio is 5.39.

Does POLYMED pay a dividend?

Poly Medicure Limited (POLYMED) currently offers a dividend yield of 0.21%.

What is the return on equity (ROE) of POLYMED?

POLYMED has a return on equity (ROE) of 10.67%. Its return on capital employed (ROCE) is 13.33%.

Is POLYMED a good stock to buy?

This page provides a data-driven analysis of Poly Medicure Limited (POLYMED), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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