Poly Medicure Ltd.

POLYMED

₹2228.7

-0.35% (-7.8)

Market Cap

₹22,629 Cr.

P/E

68.30

About

Poly Medicure Limited is a prominent Indian medical devices company with a reputation for producing high-quality products. It boasts state-of-the-art manufacturing facilities globally, including 5 in … Read more

Poly Medicure Limited is a prominent Indian medical devices company with a reputation for prod… Read more

Low

1788

52W Range

High

3350

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

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In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	182	206	262	303	359	421	484	634	867	1,082
Shareholders Funds	229	272	338	381	435	966	1,087	1,242	1,470	2,766
Profit & Loss
Operating Profit	87.75	93.46	122	131	166	216	215	267	360	453
Net Sales	412	455	520	611	687	786	923	1,115	1,376	1,670
Cash flow
Cash from Operating Activity	63.20	56.07	74.96	106	128	119	123	191	266	240
Net Capex (est)	32.54	56.08	82.21	75.59	106	94.52	154	239	275	330
Ratios
ROCE (%)	26.96	24.27	24.22	22.47	25.10	17.81	17.30	19.19	23.57	—
ROE (%)	21.11	20.30	20.87	17.15	22.05	14.07	13.47	14.44	17.57	—

Forensics

10 Yes

Positive for this company

2 Neutral

Neutral for this company

5 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Depreciation Effect

Company is depreciating a lower percentage of assets. this is contributing to an increase in net profit
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance

Price & Performance

Capex vs ROCE

Company has maintained it roce despite making significant capex
Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
ROE

Roe has decreased vs 10 year trend
Margin Stability

Margins of the company are volatile

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Therapeutic Area Break-Up

Operational Metrics

R&D as a % of Total Sales (%)

Poly Medicure Ltd.

R&D as a % of Total Sales (%)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Poly Medicure	2,228.7	68.3	22,629	62.44	16.6	23.57	17.57
TTK Healthcare	1,220.6	21.1	1,723	74.56	5.14	8.69	6.28
3B Blackbio Dx	1,614.85	29.14	1,386	41.28	-2.19	19.28	14.39
Nureca Ltd.	287.15	335.88	284	64.3	87.04	1.32	0.44
QMS Medi Allied Ser.	88.5	15.16	158	73.67	38.07	18.88	11.47
Medplus Health Servi	915.15	272.11	10,976	40.34	1.28	7.74	4.15
Jeena Sikho Life	2,227.4	61.03	5,537	63.53	—	48.85	36
Cupid	108	70.84	2,899	42.52	-10.2	17.96	13.23

Corporate Actions

Consolidated BonusDividendSplit

DATE

DETAILS

2024, Sep 19

Dividend Dividend of Rs.3 per share

2023, Sep 21

Dividend Dividend of Rs.3 per share

2022, Sep 16

Dividend Dividend of Rs.2.5 per share

2021, Sep 16

Dividend Dividend of Rs.2.5 per share

2020, Feb 27

Dividend Dividend of Rs.2 per share

FAQs on Poly Medicure Ltd. Business

What does Poly Medicure do?

Poly Medicure Limited is a renowned Indian company and exporter specializing in high-quality medical devices. With state-of-the-art manufacturing facilities globally, the company ensures top-notch healthcare products.

Who are the competitors of Poly Medicure?

Poly Medicure major competitors are TTK Healthcare, 3B Blackbio Dx, Nureca Ltd., QMS Medi Allied Ser., Medplus Health Servi, Jeena Sikho Life, Cupid.
Market Cap of Poly Medicure is ₹22,629 Crs.
While the median market cap of its peers are ₹1,723 Crs.

Is Poly Medicure financially stable compared to its competitors?

Poly Medicure seems to be less financially stable compared to its competitors.
Altman Z score of Poly Medicure is 31.84 and is ranked 4 out of its 8 competitors.

View FAQ's On Shareprice

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Company Filing

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Investor Presentation	May	Mar Jun Jul Dec	Mar	Mar May	Mar	Sep Dec	Sep
Conference Call	Mar	Mar Jun Sep Dec	Jun Sep Dec	Mar Jun Sep	Mar Jun Sep Dec
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Discussions & Analysis

Poly Medicure Ltd.

View the discussion on ValuePickr

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Poly Medicure Ltd.