CORONA Remedies Ltd.

2,142.6-1.07%

2026-08-21

coronaremedies.comBSE: 544644NSE: CORONA
Market Cap₹ 12,989 Cr.
Current Price₹ 2,166
High / Low₹ 2,270 / 1,337
Stock P/E65.3
Book Value₹ 132
Price to Book12.74
Dividend Yield0.47 %
ROCE31.7 %
ROE27.4 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Company has a healthy return on capital (ROCE) of 30.1%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.1%
  • Latest quarter profit grew 30.1% YoY, showing strong momentum
  • Operating margins have improved to 21.3% from 15.0%
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.36x)
  • Company has been maintaining a healthy dividend payout of 33.0%

CONS

  • Total debt has risen sharply - up 127.8% year on year
  • Stock is trading at 12.7x its book value
  • Expensive relative to growth - PEG of 2.2
  • Rich enterprise valuation - EV/EBITDA of 31.6x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.SUNPHARMA1898.0037.65455393.780.842901.2326.5315299.8810.9819.1128.81
2.DIVISLAB8525.0077.37226311.960.35902.0065.503080.0027.8021.5140.75
3.TORNTPHARM5013.0087.43190678.410.76566.003.284921.0057.3219.2733.81
4.CIPLA1416.0033.94114392.010.92785.55-39.187119.284.1316.0016.73
5.ZYDUSLIFE1105.0024.42110224.170.09990.20-34.908017.0023.9721.3924.54
6.LUPIN2220.0018.36101506.150.811416.9816.018276.8934.2828.8629.59
7.MANKIND2391.0048.3498747.340.04574.0929.124030.5912.8913.2426.30
8.DRREDDY1171.0030.3397740.540.68435.60-69.108099.80-5.2113.7510.63
9.LAURUSLABS1807.0089.3097634.420.11362.07123.942026.3129.1018.2031.50
10.AUROPHARMA1615.1525.0392932.160.251032.0325.229150.3517.4412.7620.54
11.BIOCON414.30136.3267518.230.12136.8053.364336.0010.893.2619.54
12.CORONA2123.8565.2612989.490.47601.101201.084224.301118.9931.7422.05
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024
314
247
Operating Profit
OPM %
Other Income
2
Interest
3
Depreciation
9
57
Tax %
25.07%
Net Profit
0
7
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
298
228
Operating Profit
OPM %
Other Income
1
Interest
2
Depreciation
10
58
Tax %
22.94%
Net Profit
0
7
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
294
239
Operating Profit
OPM %
Other Income
1
Interest
2
Depreciation
10
43
Tax %
27.79%
Net Profit
0
5
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
347
288
Operating Profit
OPM %
Other Income
2
Interest
2
Depreciation
9
61
Tax %
23.88%
Net Profit
46
1
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
361
283
Operating Profit
OPM %
Other Income
2
Interest
2
Depreciation
9
70
Tax %
25.08%
Net Profit
52
9
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
342
259
Operating Profit
OPM %
Other Income
2
Interest
2
Depreciation
9
55
Tax %
25.26%
Net Profit
41
7
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
353
291
Operating Profit
OPM %
Other Income
4
Interest
1
Depreciation
10
54
Tax %
17.28%
Net Profit
45
7
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
422
345
Operating Profit
OPM %
Other Income
3
Interest
3
Depreciation
13
80
Tax %
25.20%
Net Profit
60
1
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
61
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
884
756
Operating Profit
135
OPM %
15
Other Income
7
Interest
4
Depreciation
20
111
Tax %
23
Net Profit
85
EPS
15
Dividend Payout %
20
Minority Interest
0
Share of Associates
0
Adjusted EPS
14
Minority Interest
0
Share of Associates
0
Adjusted EPS
14
Mar 2024
1,014
860
Operating Profit
161
OPM %
16
Other Income
6
Interest
14
Depreciation
28
118
Tax %
24
Net Profit
91
EPS
15
Dividend Payout %
25
Minority Interest
0
Share of Associates
0
Adjusted EPS
15
Minority Interest
0
Share of Associates
0
Adjusted EPS
15
Mar 2025
1,196
956
Operating Profit
246
OPM %
21
Other Income
6
Interest
11
Depreciation
37
199
Tax %
25
Net Profit
149
EPS
24
Dividend Payout %
30
Minority Interest
0
Share of Associates
0
Adjusted EPS
24
Minority Interest
0
Share of Associates
0
Adjusted EPS
24
Mar 2026
1,403
1,110
Operating Profit
304
OPM %
22
Other Income
11
Interest
7
Depreciation
38
240
Tax %
23
Net Profit
185
EPS
30
Dividend Payout %
33
Minority Interest
0
Share of Associates
0
Adjusted EPS
30
Minority Interest
0
Share of Associates
0
Adjusted EPS
30
TTM
1,479
1,178
Operating Profit
OPM %
Other Income
12
Interest
8
Depreciation
42
260
Tax %
24
Net Profit
199
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
0
Adjusted EPS
Minority Interest
0
Share of Associates
0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
17%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
30%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
25%
Last Year:
27%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Jun 19

₹ 1

Rs.10.0000 per share(100%)Final Dividend

Mar 2023
Equity Capital
61
347
2
Trade Payables
94
157
Total Liabilities
663
185
Capital Work in Progress
65
31
105
0
Cash & Bank
77
200
Total Assets
663
Total Debt
2
Net Working Capital
154
Contingent Liabilities
0
Book Value per Share
66.80
Face Value
10.00
Total Debt
2
Net Working Capital
154
Contingent Liabilities
0
Book Value per Share
66.80
Face Value
10.00
Mar 2024
Equity Capital
61
419
31
Trade Payables
114
249
Total Liabilities
875
384
Capital Work in Progress
121
26
98
100
Cash & Bank
70
77
Total Assets
875
Total Debt
134
Net Working Capital
66
Contingent Liabilities
0
Book Value per Share
78.55
Face Value
10.00
Total Debt
134
Net Working Capital
66
Contingent Liabilities
0
Book Value per Share
78.55
Face Value
10.00
Mar 2025
Equity Capital
61
545
11
Trade Payables
144
257
Total Liabilities
1,017
370
Capital Work in Progress
186
26
129
118
Cash & Bank
69
119
Total Assets
1,017
Total Debt
63
Net Working Capital
99
Contingent Liabilities
0
Book Value per Share
99.14
Face Value
10.00
Total Debt
63
Net Working Capital
99
Contingent Liabilities
0
Book Value per Share
99.14
Face Value
10.00
Mar 2026
Equity Capital
61
686
127
Trade Payables
147
278
Total Liabilities
1,298
554
Capital Work in Progress
143
26
125
146
Cash & Bank
44
260
Total Assets
1,298
Total Debt
143
Net Working Capital
-13
Contingent Liabilities
1
Book Value per Share
122.12
Face Value
10.00
Total Debt
143
Net Working Capital
-13
Contingent Liabilities
1
Book Value per Share
122.12
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
103
Cash from Investing
-50
Cash from Financing
-45
8
Free Cash Flow
103
OCF / Net Profit
1.21
Cumulative 5-Year FCF
0
OCF / Net Profit
1.21
Cumulative 5-Year FCF
0
Mar 2024
157
Cash from Investing
-267
Cash from Financing
99
-11
Free Cash Flow
-126
OCF / Net Profit
1.73
Cumulative 5-Year FCF
0
OCF / Net Profit
1.73
Cumulative 5-Year FCF
0
Mar 2025
190
Cash from Investing
-84
Cash from Financing
-107
0
Free Cash Flow
106
OCF / Net Profit
1.27
Cumulative 5-Year FCF
0
OCF / Net Profit
1.27
Cumulative 5-Year FCF
0
Mar 2026
229
Cash from Investing
-256
Cash from Financing
25
-1
Free Cash Flow
51
OCF / Net Profit
1.24
Cumulative 5-Year FCF
0
OCF / Net Profit
1.24
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
EPS (₹)
13.89
Book Value (₹)
66.80
Dividend per Share (₹)
2.77
Cash EPS (₹)
17.17
Operating Margin %
15.03%
Net Margin %
9.46%
ROE %
20.79%
ROCE %
28.03%
12.82%
Debtor Days
35
Inventory Days
43
Payable Days
163
-85
Debt to Equity (x)
0.01x
Interest Coverage (x)
26.98x
1.74x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
14.80
Book Value (₹)
78.55
Dividend per Share (₹)
3.70
Cash EPS (₹)
19.42
Operating Margin %
14.92%
Net Margin %
8.73%
ROE %
20.36%
ROCE %
25.93%
11.77%
Debtor Days
33
Inventory Days
36
Payable Days
168
-99
Debt to Equity (x)
0.28x
Interest Coverage (x)
9.21x
1.24x
Revenue Growth %
14.75%
Operating Profit Growth %
19.37%
Net Profit Growth %
6.56%
6.56%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.78x
Mar 2025
EPS (₹)
24.43
Book Value (₹)
99.14
Dividend per Share (₹)
7.31
Cash EPS (₹)
30.51
Operating Margin %
20.42%
Net Margin %
12.72%
ROE %
27.50%
ROCE %
32.59%
15.79%
Debtor Days
34
Inventory Days
35
Payable Days
199
-130
Debt to Equity (x)
0.10x
Interest Coverage (x)
19.73x
1.30x
Revenue Growth %
17.93%
Operating Profit Growth %
52.56%
Net Profit Growth %
65.11%
65.11%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.22x
Mar 2026
EPS (₹)
30.27
Book Value (₹)
122.12
Dividend per Share (₹)
10.00
Cash EPS (₹)
36.46
Operating Margin %
21.27%
Net Margin %
13.42%
ROE %
27.36%
ROCE %
31.74%
15.99%
Debtor Days
35
Inventory Days
34
Payable Days
203
-135
Debt to Equity (x)
0.19x
Interest Coverage (x)
35.49x
0.97x
Revenue Growth %
17.28%
Operating Profit Growth %
23.66%
Net Profit Growth %
23.88%
23.88%
P/E (x)
51.41x
P/B (x)
12.74x
Dividend Yield %
0.64%
31.62x

Shareholding Pattern

Numbers in percentages

TRADES
Dec 2025
69.00
1.84
6.77
Government
0.00
22.40
Mar 2026
69.00
2.25
7.02
Government
0.00
21.74
Jun 2026
69.00
3.63
12.90
Government
0.00
14.48

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