Poly Medicure
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Poly Medicure

1,932.00
-7.10
(-0.37%)
Market Cap
₹19,576.13 Cr
PE Ratio
52.70
Volume
44,758.00
Day High - Low
₹1,952.30 - ₹1,920.00
52W High-Low
₹3,031.00 - ₹1,821.20
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Key Fundamentals
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Market Cap
19,576.13 Cr
EPS
34.13
PB Ratio
6.54
Book Value
287.92
EBITDA
542.00
Dividend Yield
0.19 %
Industry
Healthcare
ROE Growth %
-
Debt to Equity
0.08
Analyst Rating and Forecast
- By Refinitiv from5 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+40.00 %
+40.00 %
Hold
Hold+40.00 %
+40.00 %
Sell
Sell+20.00 %
+20.00 %
Forecast For
Actual

Company News

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neutral
PolyMedicure achieved consolidated revenue of Rs 444 crores in Q2 FY26 with 5.7% year-on-year growth, while completing acquisitions of Italy-based Citieffe Group and Netherlands-based Pendra Care Group. The company guided for H2 revenue of Rs 1,080-1,090 crores (25% increase over H1) and maintained operating EBITDA margin guidance of 25-27%, despite facing headwinds in European markets and US tariff challenges.
positive
PolyMedicure Limited submitted its monitoring agency report for the quarter ended September 30, 2025, showing utilization of proceeds from its Qualified Institutional Placement (QIP) issue. The company raised Rs 99,999.98 lakh through the QIP conducted from August 19-22, 2024, with net proceeds of Rs 98,534.37 lakh. During the reported quarter, the company completed a significant acquisition through its step-down subsidiary RisoR Holdings B.V., acquiring the entire share capital of Pendra Care Group (comprising Pendracare Holdings B.V. and Welling Medical B.V.) for approximately Rs 15,163.32 lakh. Of this acquisition cost, Rs 15,093.34 lakh was funded from QIP proceeds. The QIP proceeds are allocated across three objectives: Rs 49,973.16 lakh for setting up manufacturing facilities, Rs 25,026.84 lakh for pursuing inorganic initiatives, and Rs 23,534.37 lakh for general corporate purposes. CRISIL Ratings Limited, the monitoring agency, reported no deviations from the stated objectives and confirmed all utilization was as per the placement document.
negative
Poly Medicure has lowered its revenue growth forecast for FY26 to 15-16%, down from its previous target of 20%. The company has revised its growth expectations downward by approximately 4-5 percentage points.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,932.00
#1 19,576.13
#5 52.70
#1 1,759.00
#7 22.62
#1 339
#2 5.03
50.34
271.30
1,491.12
62.45
242.40
24.12
25
44.07
27.59
770.35
1,363.10
70.93
186.60
40.62
20
-
62.44
230.18
1,224.70
57.09
408.40
32.64
30
-67.96
36.75
229.71
1,021.08
#1 22.88
326.67
41.78
46
751.52
50.31
600.00
997.30
67.58
249.37
43.89
17
-14.81
51.54
332.95
633.94
41.70
136.30
#1 107.77
16
50.00
62.38
445.00
558.60
28.18
67.10
13.15
18
14.58
31.82
271.95
390.18
46.19
111.80
-1.43
8
0.00
43.64
297.55
297.56
63.49
122.10
19.24
1
#1 820.00
64.62

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
22.62 %
Net Income Growth
31.09 %
Cash Flow Change
-9.64 %
ROE
-30.34 %
ROCE
-30.22 %
EBITDA Margin (Avg.)
6.13 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
137
155
159
180
166
179
185
178
175
203
209
221
223
237
238
266
254
284
300
316
335
352
357
393
402
447
448
467
447
479
Expenses
103
116
125
139
125
132
135
131
125
143
146
159
157
173
179
202
202
210
214
224
234
253
249
282
281
305
310
321
298
329
EBITDA
35
39
35
41
41
47
50
47
50
60
63
63
66
64
59
64
51
74
86
92
101
99
108
112
121
142
138
146
149
150
Operating Profit %
23 %
23 %
20 %
20 %
23 %
24 %
25 %
23 %
27 %
28 %
28 %
25 %
26 %
23 %
22 %
22 %
19 %
24 %
25 %
27 %
27 %
25 %
27 %
26 %
27 %
27 %
27 %
27 %
26 %
26 %
Depreciation
9
9
10
10
10
10
11
10
11
11
13
13
13
14
14
14
14
14
14
15
16
16
16
16
20
21
22
21
23
25
Interest
4
7
-1
2
3
2
5
8
3
3
5
-2
3
0
-1
2
1
0
5
2
3
2
4
3
3
3
3
2
3
3
Profit Before Tax
22
23
26
30
28
36
34
29
36
46
46
52
50
50
46
49
36
59
67
75
83
81
88
93
99
118
113
123
123
122
Tax
9
9
10
8
8
7
9
6
10
11
11
13
13
12
11
13
9
16
17
16
20
19
23
24
24
31
28
31
30
30
Net Profit
13
15
16
22
20
28
25
23
27
35
35
39
38
38
35
36
27
44
50
59
63
62
65
68
74
87
85
92
93
92
EPS in ₹
1.50
1.65
1.82
2.44
2.24
3.22
2.83
2.57
3.03
3.97
4.00
4.26
3.92
3.99
3.60
3.77
2.81
4.53
5.21
6.13
6.54
6.48
6.78
7.12
7.71
9.01
8.48
8.92
9.19
9.06

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
364
387
457
565
654
767
1,224
1,377
1,577
1,859
3,193
Fixed Assets
166
182
207
265
306
363
426
488
635
867
1,084
Current Assets
160
171
205
255
302
318
704
783
807
842
1,917
Capital Work in Progress
10
14
20
18
19
25
21
43
78
76
101
Investments
0
0
3
17
8
25
354
346
126
167
1,077
Other Assets
189
191
227
264
321
354
422
499
738
749
930
Total Liabilities
364
387
457
565
654
767
1,224
1,377
1,577
1,859
3,193
Current Liabilities
113
109
114
123
154
197
171
227
293
351
370
Non Current Liabilities
55
50
72
104
119
135
87
63
42
37
57
Total Equity
196
229
272
338
381
435
966
1,088
1,242
1,470
2,766
Reserve & Surplus
174
207
227
294
337
391
918
1,040
1,194
1,422
2,715
Share Capital
22
22
44
44
44
44
48
48
48
48
51

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-2
1
0
3
1
1
0
3
-1
5
-3
Investing Activities
-59
-31
-56
-88
-101
-110
-436
-85
-179
-241
-1,194
Operating Activities
63
63
56
75
107
131
119
124
191
266
240
Financing Activities
-6
-31
-0
16
-5
-21
317
-35
-13
-20
951

Share Holding

% Holding
Feb 2021
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
44.88 %
44.88 %
44.77 %
44.77 %
44.76 %
44.66 %
53.34 %
53.33 %
53.33 %
53.31 %
53.31 %
53.16 %
53.16 %
53.15 %
66.03 %
62.56 %
62.56 %
62.44 %
62.44 %
62.44 %
62.42 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
14.49 %
0.00 %
12.38 %
9.91 %
11.10 %
11.87 %
12.33 %
11.46 %
11.41 %
9.77 %
DIIs
1.83 %
1.92 %
2.68 %
2.73 %
2.86 %
3.18 %
3.10 %
3.20 %
3.38 %
3.68 %
4.25 %
5.15 %
5.28 %
7.22 %
9.35 %
12.48 %
12.33 %
11.66 %
11.96 %
11.72 %
13.54 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
16.24 %
15.11 %
14.24 %
13.69 %
13.24 %
12.32 %
11.93 %
11.20 %
11.18 %
11.12 %
11.10 %
11.35 %
11.38 %
11.34 %
11.37 %
10.70 %
10.14 %
10.55 %
11.08 %
11.37 %
11.25 %
Others
37.06 %
38.10 %
38.30 %
38.81 %
39.14 %
39.84 %
31.63 %
32.27 %
32.11 %
31.90 %
31.34 %
15.85 %
30.17 %
15.92 %
3.36 %
3.16 %
3.10 %
3.03 %
3.07 %
3.07 %
3.02 %
No of Share Holders
0
19,187
21,531
35,922
33,678
35,166
33,831
33,296
34,239
35,393
36,141
34,649
36,053
36,712
36,852
40,516
38,352
60,686
65,583
71,142
64,400

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 2.5 2 2 2 2.5 2.5 3 3 3.5
Dividend Yield (%) 0.00 1 0.91 0.86 0.24 0.26 0.27 0.19 0.13 0.18

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
28 Mar 2017 BONUS Bonus
1:1
24 Mar 2017 0.00 0.00
17 Sept 2021 DIVIDEND Dividend
₹ 2.50 /share
16 Sept 2021 1,133.15 955.00
19 Sept 2022 DIVIDEND Dividend
₹ 2.50 /share
16 Sept 2022 715.55 933.00
22 Sept 2023 DIVIDEND Dividend
₹ 3.00 /share
21 Sept 2023 977.25 1,413.65
20 Sept 2024 DIVIDEND Dividend
₹ 3.00 /share
19 Sept 2024 1,654.70 2,462.65
26 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
26 Sept 2024 2,498.45 2,318.00
28 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Oct 2024 2,450.95 2,514.10
03 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
03 Feb 2025 2,445.25 2,433.90
06 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 May 2025 2,587.85 2,584.60
08 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Aug 2025 2,057.40 1,931.65
18 Sept 2025 DIVIDEND Dividend
₹ 3.50 /share
18 Sept 2025 2,584.60 1,996.60
25 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
25 Sept 2025 2,067.00 1,981.35
08 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Nov 2025 1,974.45 1,893.80

Announcements

Intimation Of Investors/Analyst Virtual Calls9 days ago
Intimation Of Investors/Analyst Virtual Call On 24Th November 2025Nov 20, 2025
Intimation Of Investotrs/Analyst Virtual Call On 24Th November 2025Nov 19, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 14, 2025
Statement Of Deviation & Variation For The Quarter Ended 30Th September 2025Nov 12, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 12, 2025
Investor/Analyst CallsNov 11, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 10, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationNov 08, 2025
Declaration Of Unaudited Financial Results For The Second Quarter And Half Year Ended For 30Th September 2025.Nov 08, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held Hold Today I.E. 08Th November 2025 For Declaration Of Unaudited Financial Results(Standalone & Consolidated) For The Second Quarter And Half Year Ended 30Th September 2025 And For Other Businesses ItNov 08, 2025
Announcement Under Regulation 30 (LODR)-Updates On AcquisitionNov 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 05, 2025
Board Meeting Intimation for Notice Of Board Meeting To Be Held On 08Th November 2025.Oct 31, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Transcript Of Investors/Analysts Conference Call Held On 25Th September 2025.Oct 01, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 25, 2025
Closure of Trading WindowSep 25, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationSep 25, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)Sep 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 24, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 24, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationSep 24, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 24, 2025
Outcome Of Board Meeting Held On Today I.E. 24Th September 2025 - Updates On Share Purchase Agreement For Acquisition Purpose Of "Citieffe Group"Sep 24, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionSep 23, 2025
Intimation For Cancellation Investor/Analyst Meet Scheduled To Be Held On Today I.E. 19.09.2025Sep 19, 2025
Intimation Of Investor/Analyst Call Scheduled To Be Held On Friday 19Th September 2025Sep 17, 2025
Revised Intimation For The Investors/Analyst One To One Virtual Call Scheduled To Be Held On Tuesday 16Th September 2025Sep 12, 2025
Intimation Of Investor/Analyst One To One Virtual Meeting To Be Held On Tuesday 16Th September 2025Sep 12, 2025
Intimation For The Analyst/Investor Call As On 11Th September 2025.Sep 09, 2025
Tranascript Of Investor/Analyst Conference Call Held On 04Th September 2025.Sep 09, 2025
Announcement under Regulation 30 (LODR)-Dividend UpdatesSep 05, 2025
Book Closure For The Purpose Of Record Date For The Purpose Of DividendSep 05, 2025
Record Date/Cut-Off Date For The Dividend PurposeSep 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 04, 2025
Intimation For Signing Of Share Purchase Agreement (SPA) Between Risor Holdings B.V. Amsterdam Netherlands A Wholly Owned Step-Down Subsidiary Of The Company With Wellinq Holdings B.V. Amsterdam Netherlands.Sep 04, 2025
Intimation Of Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company Or DepositoriesSep 03, 2025
Business Responsibility and Sustainability Reporting (BRSR)Sep 03, 2025
Reg. 34 (1) Annual Report.Sep 03, 2025
30Th Annual General Meeting To Be Held On Thursday September 25 2025.Sep 03, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 03, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationSep 03, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 03, 2025
Announcement under Regulation 30 (LODR)-AcquisitionSep 03, 2025
Outcome Of Board Meeting_Acquisition(Incorporation Of A Wholly Owned Step Down Subsidiary "Risor Holdings B.V." In Amsterdam Netherlands And Updates On The Share Purchase Agreements (SPA)Sep 03, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Bank of India ELSS Tax Saver Direct-Growth
0.00%
-40000
-0.57%
-0.62%
Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth
0.00%
-32000
-0.49%
-0.53%
Bank of India Small Cap Fund Direct-Growth
0.50%
-20000
-0.21%
-0.28%
Invesco India Largecap Fund Direct-Growth
1.95%
14003
0.13%
0.38%
UTI Flexi Cap Fund Direct-Growth
1.07%
-13500
-0.01%
-0.07%
Invesco India ESG Integration Strategy Fund Direct - Growth
3.02%
5601
0.25%
0.76%
Bandhan Small Cap Fund Direct-Growth
0.01%
5418
0.01%
0.01%
Invesco India Equity Savings Fund Direct - Growth
1.20%
3267
0.23%
1.20%
WhiteOak Capital Pharma and Healthcare Fund Direct - Growth
1.07%
2371
0.04%
0.43%
Quant Small Cap Fund Direct Plan-Growth
2.16%
1512
-0.03%
-0.23%
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth
0.37%
718
0.00%
-0.05%
JioBlackRock Nifty Smallcap 250 Index Fund Direct - Growth
0.37%
662
-0.01%
-0.05%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct - Growth
1.79%
229
0.00%
-0.10%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth
0.37%
222
0.00%
-0.05%
HDFC Nifty Smallcap 250 Index Fund Direct-Growth
0.37%
114
0.00%
-0.05%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.19%
83
0.00%
-0.01%
Motilal Oswal Nifty 500 Index Fund Direct - Growth
0.04%
83
0.00%
0.00%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct-Growth
0.30%
67
-0.01%
-0.03%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth
0.37%
65
0.00%
-0.05%
SBI Nifty 500 Index Fund Direct-Growth
0.04%
-52
0.00%
0.00%
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct - Growth
0.74%
39
-0.01%
-0.07%
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth
0.09%
-28
0.00%
-0.01%
Kotak Nifty Smallcap 250 Index Fund Direct-Growth
0.37%
23
0.00%
-0.05%
Motilal Oswal Nifty MidSmall Healthcare Index Fund Direct-Growth
1.42%
-18
0.01%
0.08%
SBI Nifty Smallcap 250 Index Fund Direct - Growth
0.37%
-16
0.00%
-0.05%

Technical Indicators

RSI(14)
Neutral
51.15
ATR(14)
Less Volatile
62.37
STOCH(9,6)
Neutral
33.76
STOCH RSI(14)
Neutral
43.29
MACD(12,26)
Bullish
1.78
ADX(14)
Weak Trend
16.82
UO(9)
Bearish
46.91
ROC(12)
Downtrend And Accelerating
-4.26
WillR(14)
Neutral
-62.51

About Poly Medicure

Poly Medicure Limited is an Indian medical device manufacturer founded in 1995. The company produces over 130 SKUs of medical devices across various product verticals including infusion therapy, oncology, anesthesia, respiratory care, urology, gastroenterology, blood management, surgery, and dialysis. Poly Medicure operates ten manufacturing facilities across India, China, Egypt, and Italy, with seven in India, one in China through a wholly-owned subsidiary, one in Egypt through an associate, and one in Italy through a step-down subsidiary. The company exports to over 110 countries through a network of more than 220 distributors. Poly Medicure's facilities are accredited with international quality certifications, including ISO 9001:2015 and EN ISO 13485:2016. The company has an R&D center in Faridabad, Haryana, approved by DSIR, focusing on developing new products and improving existing processes. Poly Medicure holds over 375 patents for its products in various therapeutic areas.
Chairperson NameDevendra Raj Mehta