Poly Medicure Ltd.
•2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 19.0% CAGR over last 5 years
- Company comfortably covers its interest (21.0x coverage)
- Working capital cycle has improved - days down from 338 to 264
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- Receivables are growing faster than sales - a possible quality concern
- Recent results are weak - TTM profit is down 15.4% versus prior year
- A large part of profit comes from other income (29.7% of PBT)
- Promoter holding has decreased over last 2 years: -3.6pp
- Total debt has risen sharply - up 92.3% year on year
- Operating margins have contracted to 23.2% from 27.1%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LENSKART | 639.30 | 169.67 | 111193.84 | 0.00 | 2284.30 | 3634.35 | 27141.80 | 1332.69 | 12.55 | 21.70 |
| 2. | POLYMED | 1771.60 | 56.99 | 17957.20 | 0.20 | 85.27 | -8.39 | 525.38 | 30.30 | 14.05 | 24.11 |
| 3. | MOLBIO | 1040.35 | 71.97 | 11988.99 | 0.00 | — | — | — | — | 19.79 | — |
| 4. | LAXMIDENTL | 195.65 | 34.85 | 1076.50 | 0.00 | 10.32 | 23.83 | 74.70 | 16.13 | 24.96 | 20.26 |
| 5. | 3BBLACKBIO | 1145.55 | 17.71 | 983.19 | 0.44 | 8.98 | -28.99 | 33.49 | 50.59 | 26.03 | 25.45 |
| 6. | GKB | 63.95 | 9.94 | 32.23 | 0.00 | 1.85 | 387.99 | 33.04 | 2.26 | 8.82 | 7.97 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 321 | 337 | 340 | 378 | 385 | 420 | 424 | 441 | 403 | 444 | 494 | 535 | 525 | |
| 234 | 253 | 249 | 282 | 281 | 305 | 310 | 321 | 297 | 329 | 382 | 424 | 443 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 13 | 14 | 17 | 15 | 17 | 26 | 22 | 24 | 42 | 34 | 26 | 18 | 33 |
| Interest | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 6 | 6 | 7 |
| Depreciation | 16 | 16 | 16 | 16 | 20 | 21 | 21 | 21 | 23 | 25 | 29 | 38 | 36 |
| 82 | 80 | 87 | 92 | 98 | 117 | 112 | 121 | 122 | 121 | 96 | 84 | 117 | |
| Tax % | 24.73% | 23.42% | 26.19% | 26.13% | 24.91% | 26.04% | 25.11% | 25.73% | 24.55% | 24.76% | 27.94% | 24.16% | 27.31% |
| Net Profit | 0 | 0 | 0 | 0 | 74 | 87 | 85 | 92 | 93 | 92 | 71 | 65 | 85 |
| 7 | 6 | 7 | 7 | 8 | 9 | 8 | 9 | 9 | 9 | 7 | 7 | 1 | |
| Equity Capital | 48 | 48 | 48 | 48 | 48 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
| Equity Capital | 48 | 48 | 48 | 48 | 48 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
- 321
- 234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 2
- Depreciation
- 16
- 82
- Tax %
- 24.73%
- Net Profit
- 0
- 7
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 337
- 253
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 2
- Depreciation
- 16
- 80
- Tax %
- 23.42%
- Net Profit
- 0
- 6
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 340
- 249
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 3
- Depreciation
- 16
- 87
- Tax %
- 26.19%
- Net Profit
- 0
- 7
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 378
- 282
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 3
- Depreciation
- 16
- 92
- Tax %
- 26.13%
- Net Profit
- 0
- 7
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 385
- 281
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 3
- Depreciation
- 20
- 98
- Tax %
- 24.91%
- Net Profit
- 74
- 8
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 420
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 3
- Depreciation
- 21
- 117
- Tax %
- 26.04%
- Net Profit
- 87
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 424
- 310
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 3
- Depreciation
- 21
- 112
- Tax %
- 25.11%
- Net Profit
- 85
- 8
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 441
- 321
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 2
- Depreciation
- 21
- 121
- Tax %
- 25.73%
- Net Profit
- 92
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 403
- 297
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 3
- Depreciation
- 23
- 122
- Tax %
- 24.55%
- Net Profit
- 93
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 444
- 329
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 3
- Depreciation
- 25
- 121
- Tax %
- 24.76%
- Net Profit
- 92
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 494
- 382
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 6
- Depreciation
- 29
- 96
- Tax %
- 27.94%
- Net Profit
- 71
- 7
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 535
- 424
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 6
- Depreciation
- 38
- 84
- Tax %
- 24.16%
- Net Profit
- 65
- 7
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 525
- 443
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 7
- Depreciation
- 36
- 117
- Tax %
- 27.31%
- Net Profit
- 85
- 1
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 455 | 520 | 611 | 687 | 786 | 923 | 1,115 | 1,376 | 1,670 | 1,875 | 1,997 | |
| 362 | 398 | 480 | 521 | 570 | 708 | 848 | 1,016 | 1,214 | 1,437 | 1,579 | |
| Operating Profit | 107 | 136 | 150 | 185 | 235 | 253 | 304 | 419 | 545 | 566 | — |
| OPM % | 24 | 26 | 25 | 27 | 30 | 27 | 27 | 30 | 33 | 30 | — |
| Other Income | 14 | 14 | 18 | 18 | 18 | 38 | 36 | 59 | 89 | 127 | 111 |
| Interest | 9 | 12 | 14 | 20 | 11 | 6 | 11 | 14 | 14 | 21 | 22 |
| Depreciation | 24 | 29 | 37 | 41 | 48 | 54 | 57 | 63 | 83 | 116 | 128 |
| 75 | 97 | 100 | 126 | 180 | 195 | 237 | 344 | 453 | 427 | 417 | |
| Tax % | 27 | 27 | 35 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 26 |
| Net Profit | 55 | 71 | 65 | 96 | 136 | 147 | 179 | 258 | 339 | 321 | 309 |
| EPS | 6 | 8 | 7 | 11 | 15 | 15 | 19 | 27 | 33 | 32 | — |
| Dividend Payout % | 40 | 25 | 27 | 18 | 18 | 16 | 16 | 11 | 10 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Adjusted EPS | 6 | 8 | 7 | 11 | 14 | 15 | 19 | 27 | 33 | 32 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Adjusted EPS | 6 | 8 | 7 | 11 | 14 | 15 | 19 | 27 | 33 | 32 | — |
- 455
- 362
- Operating Profit
- 107
- OPM %
- 24
- Other Income
- 14
- Interest
- 9
- Depreciation
- 24
- 75
- Tax %
- 27
- Net Profit
- 55
- EPS
- 6
- Dividend Payout %
- 40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- 520
- 398
- Operating Profit
- 136
- OPM %
- 26
- Other Income
- 14
- Interest
- 12
- Depreciation
- 29
- 97
- Tax %
- 27
- Net Profit
- 71
- EPS
- 8
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- 611
- 480
- Operating Profit
- 150
- OPM %
- 25
- Other Income
- 18
- Interest
- 14
- Depreciation
- 37
- 100
- Tax %
- 35
- Net Profit
- 65
- EPS
- 7
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- 687
- 521
- Operating Profit
- 185
- OPM %
- 27
- Other Income
- 18
- Interest
- 20
- Depreciation
- 41
- 126
- Tax %
- 24
- Net Profit
- 96
- EPS
- 11
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- 786
- 570
- Operating Profit
- 235
- OPM %
- 30
- Other Income
- 18
- Interest
- 11
- Depreciation
- 48
- 180
- Tax %
- 25
- Net Profit
- 136
- EPS
- 15
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- 923
- 708
- Operating Profit
- 253
- OPM %
- 27
- Other Income
- 38
- Interest
- 6
- Depreciation
- 54
- 195
- Tax %
- 25
- Net Profit
- 147
- EPS
- 15
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- 1,115
- 848
- Operating Profit
- 304
- OPM %
- 27
- Other Income
- 36
- Interest
- 11
- Depreciation
- 57
- 237
- Tax %
- 25
- Net Profit
- 179
- EPS
- 19
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- 1,376
- 1,016
- Operating Profit
- 419
- OPM %
- 30
- Other Income
- 59
- Interest
- 14
- Depreciation
- 63
- 344
- Tax %
- 25
- Net Profit
- 258
- EPS
- 27
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- 1,670
- 1,214
- Operating Profit
- 545
- OPM %
- 33
- Other Income
- 89
- Interest
- 14
- Depreciation
- 83
- 453
- Tax %
- 25
- Net Profit
- 339
- EPS
- 33
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- 1,875
- 1,437
- Operating Profit
- 566
- OPM %
- 30
- Other Income
- 127
- Interest
- 21
- Depreciation
- 116
- 427
- Tax %
- 25
- Net Profit
- 321
- EPS
- 32
- Dividend Payout %
- 11
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 32
- 1,997
- 1,579
- Operating Profit
- —
- OPM %
- —
- Other Income
- 111
- Interest
- 22
- Depreciation
- 128
- 417
- Tax %
- 26
- Net Profit
- 309
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -1
- Share of Associates
- 6
- Adjusted EPS
- —
- Minority Interest
- -1
- Share of Associates
- 6
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 16%
- 5 Years:
- 19%
- 3 Years:
- 19%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 21%
- 5 Years:
- 19%
- 3 Years:
- 22%
STOCK PRICE CAGR
- 10 Years:
- 25%
- 5 Years:
- 14%
- 3 Years:
- 7%
- 1 Year:
- -10%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 15%
- 3 Years:
- 15%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 44 | 44 | 44 | 44 | 48 | 48 | 48 | 48 | 51 | 51 |
| 227 | 294 | 337 | 391 | 917 | 1,038 | 1,191 | 1,419 | 2,713 | 3,048 | |
| 53 | 54 | 69 | 88 | 71 | 87 | 129 | 151 | 175 | 262 | |
| Trade Payables | 42 | 44 | 56 | 66 | 65 | 89 | 92 | 96 | 86 | 123 |
| 91 | 130 | 176 | 211 | 167 | 115 | 175 | 219 | 255 | 452 | |
| Total Liabilities | 457 | 565 | 682 | 800 | 1,267 | 1,377 | 1,635 | 1,932 | 3,280 | 3,936 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 206 | 262 | 303 | 359 | 421 | 484 | 634 | 867 | 1,084 | 1,694 | |
| Capital Work in Progress | 12 | 10 | 9 | 17 | 15 | 37 | 73 | 67 | 90 | 91 |
| 3 | 17 | 8 | 25 | 354 | 346 | 132 | 167 | 1,076 | 755 | |
| 62 | 73 | 84 | 112 | 126 | 168 | 209 | 221 | 286 | 434 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 270 | 350 | 531 | |
| Cash & Bank | 23 | 20 | 55 | 25 | 30 | 15 | 178 | 147 | 151 | 88 |
| 151 | 183 | 224 | 261 | 321 | 325 | 410 | 194 | 243 | 344 | |
| Total Assets | 457 | 565 | 682 | 800 | 1,267 | 1,377 | 1,635 | 1,932 | 3,280 | 3,936 |
| Total Debt | 101 | 133 | 161 | 202 | 134 | 125 | 146 | 170 | 178 | 342 |
| Net Working Capital | 91 | 133 | 148 | 125 | 533 | 557 | 513 | 490 | 1,552 | 1,366 |
| Contingent Liabilities | 39 | 42 | 37 | 58 | 64 | 69 | 69 | 113 | 77 | 50 |
| Book Value per Share | 30.75 | 38.30 | 43.19 | 49.26 | 100.62 | 113.24 | 129.17 | 152.82 | 272.72 | 305.72 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 101 | 133 | 161 | 202 | 134 | 125 | 146 | 170 | 178 | 342 |
| Net Working Capital | 91 | 133 | 148 | 125 | 533 | 557 | 513 | 490 | 1,552 | 1,366 |
| Contingent Liabilities | 39 | 42 | 37 | 58 | 64 | 69 | 69 | 113 | 77 | 50 |
| Book Value per Share | 30.75 | 38.30 | 43.19 | 49.26 | 100.62 | 113.24 | 129.17 | 152.82 | 272.72 | 305.72 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
- Equity Capital
- 44
- 227
- 53
- Trade Payables
- 42
- 91
- Total Liabilities
- 457
- 206
- Capital Work in Progress
- 12
- 3
- 62
- 0
- Cash & Bank
- 23
- 151
- Total Assets
- 457
- Total Debt
- 101
- Net Working Capital
- 91
- Contingent Liabilities
- 39
- Book Value per Share
- 30.75
- Face Value
- 5.00
- Total Debt
- 101
- Net Working Capital
- 91
- Contingent Liabilities
- 39
- Book Value per Share
- 30.75
- Face Value
- 5.00
- Equity Capital
- 44
- 294
- 54
- Trade Payables
- 44
- 130
- Total Liabilities
- 565
- 262
- Capital Work in Progress
- 10
- 17
- 73
- 0
- Cash & Bank
- 20
- 183
- Total Assets
- 565
- Total Debt
- 133
- Net Working Capital
- 133
- Contingent Liabilities
- 42
- Book Value per Share
- 38.30
- Face Value
- 5.00
- Total Debt
- 133
- Net Working Capital
- 133
- Contingent Liabilities
- 42
- Book Value per Share
- 38.30
- Face Value
- 5.00
- Equity Capital
- 44
- 337
- 69
- Trade Payables
- 56
- 176
- Total Liabilities
- 682
- 303
- Capital Work in Progress
- 9
- 8
- 84
- 0
- Cash & Bank
- 55
- 224
- Total Assets
- 682
- Total Debt
- 161
- Net Working Capital
- 148
- Contingent Liabilities
- 37
- Book Value per Share
- 43.19
- Face Value
- 5.00
- Total Debt
- 161
- Net Working Capital
- 148
- Contingent Liabilities
- 37
- Book Value per Share
- 43.19
- Face Value
- 5.00
- Equity Capital
- 44
- 391
- 88
- Trade Payables
- 66
- 211
- Total Liabilities
- 800
- 359
- Capital Work in Progress
- 17
- 25
- 112
- 0
- Cash & Bank
- 25
- 261
- Total Assets
- 800
- Total Debt
- 202
- Net Working Capital
- 125
- Contingent Liabilities
- 58
- Book Value per Share
- 49.26
- Face Value
- 5.00
- Total Debt
- 202
- Net Working Capital
- 125
- Contingent Liabilities
- 58
- Book Value per Share
- 49.26
- Face Value
- 5.00
- Equity Capital
- 48
- 917
- 71
- Trade Payables
- 65
- 167
- Total Liabilities
- 1,267
- 421
- Capital Work in Progress
- 15
- 354
- 126
- 0
- Cash & Bank
- 30
- 321
- Total Assets
- 1,267
- Total Debt
- 134
- Net Working Capital
- 533
- Contingent Liabilities
- 64
- Book Value per Share
- 100.62
- Face Value
- 5.00
- Total Debt
- 134
- Net Working Capital
- 533
- Contingent Liabilities
- 64
- Book Value per Share
- 100.62
- Face Value
- 5.00
- Equity Capital
- 48
- 1,038
- 87
- Trade Payables
- 89
- 115
- Total Liabilities
- 1,377
- 484
- Capital Work in Progress
- 37
- 346
- 168
- 0
- Cash & Bank
- 15
- 325
- Total Assets
- 1,377
- Total Debt
- 125
- Net Working Capital
- 557
- Contingent Liabilities
- 69
- Book Value per Share
- 113.24
- Face Value
- 5.00
- Total Debt
- 125
- Net Working Capital
- 557
- Contingent Liabilities
- 69
- Book Value per Share
- 113.24
- Face Value
- 5.00
- Equity Capital
- 48
- 1,191
- 129
- Trade Payables
- 92
- 175
- Total Liabilities
- 1,635
- 634
- Capital Work in Progress
- 73
- 132
- 209
- 0
- Cash & Bank
- 178
- 410
- Total Assets
- 1,635
- Total Debt
- 146
- Net Working Capital
- 513
- Contingent Liabilities
- 69
- Book Value per Share
- 129.17
- Face Value
- 5.00
- Total Debt
- 146
- Net Working Capital
- 513
- Contingent Liabilities
- 69
- Book Value per Share
- 129.17
- Face Value
- 5.00
- Equity Capital
- 48
- 1,419
- 151
- Trade Payables
- 96
- 219
- Total Liabilities
- 1,932
- 867
- Capital Work in Progress
- 67
- 167
- 221
- 270
- Cash & Bank
- 147
- 194
- Total Assets
- 1,932
- Total Debt
- 170
- Net Working Capital
- 490
- Contingent Liabilities
- 113
- Book Value per Share
- 152.82
- Face Value
- 5.00
- Total Debt
- 170
- Net Working Capital
- 490
- Contingent Liabilities
- 113
- Book Value per Share
- 152.82
- Face Value
- 5.00
- Equity Capital
- 51
- 2,713
- 175
- Trade Payables
- 86
- 255
- Total Liabilities
- 3,280
- 1,084
- Capital Work in Progress
- 90
- 1,076
- 286
- 350
- Cash & Bank
- 151
- 243
- Total Assets
- 3,280
- Total Debt
- 178
- Net Working Capital
- 1,552
- Contingent Liabilities
- 77
- Book Value per Share
- 272.72
- Face Value
- 5.00
- Total Debt
- 178
- Net Working Capital
- 1,552
- Contingent Liabilities
- 77
- Book Value per Share
- 272.72
- Face Value
- 5.00
- Equity Capital
- 51
- 3,048
- 262
- Trade Payables
- 123
- 452
- Total Liabilities
- 3,936
- 1,694
- Capital Work in Progress
- 91
- 755
- 434
- 531
- Cash & Bank
- 88
- 344
- Total Assets
- 3,936
- Total Debt
- 342
- Net Working Capital
- 1,366
- Contingent Liabilities
- 50
- Book Value per Share
- 305.72
- Face Value
- 5.00
- Total Debt
- 342
- Net Working Capital
- 1,366
- Contingent Liabilities
- 50
- Book Value per Share
- 305.72
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 56 | 75 | 106 | 128 | 119 | 123 | 191 | 266 | 233 | 246 | |
| Cash from Investing | -56 | -88 | -101 | -107 | -436 | -85 | -179 | -241 | -1,187 | -225 |
| Cash from Financing | -0 | 16 | -5 | -21 | 317 | -35 | -13 | -20 | 951 | 20 |
| 0 | 3 | 1 | 1 | 0 | 3 | -1 | 5 | -4 | 41 | |
| Free Cash Flow | 1 | -9 | 29 | 29 | 13 | -10 | -45 | -20 | -75 | -635 |
| OCF / Net Profit | 1.02 | 1.06 | 1.63 | 1.34 | 0.87 | 0.84 | 1.07 | 1.03 | 0.69 | 0.77 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 64 | 53 | 17 | -33 | -137 | -784 |
| OCF / Net Profit | 1.02 | 1.06 | 1.63 | 1.34 | 0.87 | 0.84 | 1.07 | 1.03 | 0.69 | 0.77 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 64 | 53 | 17 | -33 | -137 | -784 |
- 56
- Cash from Investing
- -56
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
- 75
- Cash from Investing
- -88
- Cash from Financing
- 16
- 3
- Free Cash Flow
- -9
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
- 106
- Cash from Investing
- -101
- Cash from Financing
- -5
- 1
- Free Cash Flow
- 29
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.63
- Cumulative 5-Year FCF
- 0
- 128
- Cash from Investing
- -107
- Cash from Financing
- -21
- 1
- Free Cash Flow
- 29
- OCF / Net Profit
- 1.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.34
- Cumulative 5-Year FCF
- 0
- 119
- Cash from Investing
- -436
- Cash from Financing
- 317
- 0
- Free Cash Flow
- 13
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 64
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 64
- 123
- Cash from Investing
- -85
- Cash from Financing
- -35
- 3
- Free Cash Flow
- -10
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 53
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 53
- 191
- Cash from Investing
- -179
- Cash from Financing
- -13
- -1
- Free Cash Flow
- -45
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 17
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 17
- 266
- Cash from Investing
- -241
- Cash from Financing
- -20
- 5
- Free Cash Flow
- -20
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- -33
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- -33
- 233
- Cash from Investing
- -1,187
- Cash from Financing
- 951
- -4
- Free Cash Flow
- -75
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -137
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -137
- 246
- Cash from Investing
- -225
- Cash from Financing
- 20
- 41
- Free Cash Flow
- -635
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- -784
- OCF / Net Profit
- 0.77
- Cumulative 5-Year FCF
- -784
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 6.25 | 8.00 | 7.41 | 10.86 | 14.17 | 15.28 | 18.69 | 26.91 | 33.41 | 31.78 |
| Book Value (₹) | 30.75 | 38.30 | 43.19 | 49.26 | 100.62 | 113.24 | 129.17 | 152.82 | 272.72 | 305.72 |
| Dividend per Share (₹) | 2.50 | 2.00 | 2.00 | 2.00 | 2.50 | 2.50 | 3.00 | 3.00 | 3.50 | 3.50 |
| Cash EPS (₹) | 8.94 | 11.32 | 11.64 | 15.46 | 19.13 | 20.90 | 24.64 | 33.52 | 41.62 | 43.04 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 23.17% | 26.13% | 24.38% | 26.74% | 29.72% | 27.27% | 27.11% | 26.07% | 27.17% | 23.24% |
| Net Margin % | 11.94% | 13.53% | 10.65% | 13.89% | 17.19% | 15.80% | 16.01% | 18.70% | 20.19% | 17.00% |
| ROE % | 22.05% | 23.18% | 18.19% | 23.51% | 19.42% | 14.29% | 15.42% | 19.09% | 16.01% | 10.94% |
| ROCE % | 24.54% | 25.69% | 22.47% | 24.80% | 21.96% | 17.42% | 19.10% | 23.63% | 20.37% | 14.05% |
| 13.06% | 13.82% | 10.49% | 12.95% | 13.15% | 11.08% | 11.90% | 14.48% | 12.99% | 8.89% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 71 | 73 | 72 | 68 | 65 | 71 | 72 | 67 | 67 | 85 |
| Inventory Days | 43 | 47 | 47 | 52 | 55 | 58 | 61 | 57 | 55 | 70 |
| Payable Days | 114 | 125 | 110 | 131 | 112 | 100 | 103 | 87 | 74 | 78 |
| 0 | -5 | 8 | -12 | 8 | 30 | 31 | 36 | 48 | 77 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.37x | 0.39x | 0.42x | 0.47x | 0.14x | 0.12x | 0.12x | 0.12x | 0.06x | 0.11x |
| Interest Coverage (x) | 9.67x | 9.36x | 8.28x | 7.14x | 17.92x | 32.68x | 22.87x | 26.38x | 32.59x | 20.96x |
| 1.80x | 2.08x | 1.82x | 1.55x | 3.48x | 3.46x | 2.46x | 2.15x | 4.39x | 3.05x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 10.37% | 14.38% | 17.37% | 12.51% | 14.44% | 17.37% | 20.82% | 23.36% | 21.37% | 12.30% |
| Operating Profit Growth % | 11.43% | 27.42% | 9.81% | 23.29% | 27.26% | 7.67% | 20.04% | 37.93% | 30.11% | 3.80% |
| Net Profit Growth % | 16.12% | 28.06% | -7.36% | 46.60% | 41.72% | 7.82% | 22.37% | 44.05% | 31.09% | -5.27% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 44.01% | 24.16% | -4.88% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 59.04x | 67.10x | 37.47x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.40x | 8.22x | 3.90x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.16% | 0.29% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 36.47x | 41.75x | 21.79x |
- EPS (₹)
- 6.25
- Book Value (₹)
- 30.75
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 8.94
- Operating Margin %
- 23.17%
- Net Margin %
- 11.94%
- ROE %
- 22.05%
- ROCE %
- 24.54%
- 13.06%
- Debtor Days
- 71
- Inventory Days
- 43
- Payable Days
- 114
- 0
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 9.67x
- 1.80x
- Revenue Growth %
- 10.37%
- Operating Profit Growth %
- 11.43%
- Net Profit Growth %
- 16.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 8.00
- Book Value (₹)
- 38.30
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 11.32
- Operating Margin %
- 26.13%
- Net Margin %
- 13.53%
- ROE %
- 23.18%
- ROCE %
- 25.69%
- 13.82%
- Debtor Days
- 73
- Inventory Days
- 47
- Payable Days
- 125
- -5
- Debt to Equity (x)
- 0.39x
- Interest Coverage (x)
- 9.36x
- 2.08x
- Revenue Growth %
- 14.38%
- Operating Profit Growth %
- 27.42%
- Net Profit Growth %
- 28.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.41
- Book Value (₹)
- 43.19
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 11.64
- Operating Margin %
- 24.38%
- Net Margin %
- 10.65%
- ROE %
- 18.19%
- ROCE %
- 22.47%
- 10.49%
- Debtor Days
- 72
- Inventory Days
- 47
- Payable Days
- 110
- 8
- Debt to Equity (x)
- 0.42x
- Interest Coverage (x)
- 8.28x
- 1.82x
- Revenue Growth %
- 17.37%
- Operating Profit Growth %
- 9.81%
- Net Profit Growth %
- -7.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.86
- Book Value (₹)
- 49.26
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 15.46
- Operating Margin %
- 26.74%
- Net Margin %
- 13.89%
- ROE %
- 23.51%
- ROCE %
- 24.80%
- 12.95%
- Debtor Days
- 68
- Inventory Days
- 52
- Payable Days
- 131
- -12
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 7.14x
- 1.55x
- Revenue Growth %
- 12.51%
- Operating Profit Growth %
- 23.29%
- Net Profit Growth %
- 46.60%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 14.17
- Book Value (₹)
- 100.62
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 19.13
- Operating Margin %
- 29.72%
- Net Margin %
- 17.19%
- ROE %
- 19.42%
- ROCE %
- 21.96%
- 13.15%
- Debtor Days
- 65
- Inventory Days
- 55
- Payable Days
- 112
- 8
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 17.92x
- 3.48x
- Revenue Growth %
- 14.44%
- Operating Profit Growth %
- 27.26%
- Net Profit Growth %
- 41.72%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 15.28
- Book Value (₹)
- 113.24
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 20.90
- Operating Margin %
- 27.27%
- Net Margin %
- 15.80%
- ROE %
- 14.29%
- ROCE %
- 17.42%
- 11.08%
- Debtor Days
- 71
- Inventory Days
- 58
- Payable Days
- 100
- 30
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 32.68x
- 3.46x
- Revenue Growth %
- 17.37%
- Operating Profit Growth %
- 7.67%
- Net Profit Growth %
- 7.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 18.69
- Book Value (₹)
- 129.17
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 24.64
- Operating Margin %
- 27.11%
- Net Margin %
- 16.01%
- ROE %
- 15.42%
- ROCE %
- 19.10%
- 11.90%
- Debtor Days
- 72
- Inventory Days
- 61
- Payable Days
- 103
- 31
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 22.87x
- 2.46x
- Revenue Growth %
- 20.82%
- Operating Profit Growth %
- 20.04%
- Net Profit Growth %
- 22.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 26.91
- Book Value (₹)
- 152.82
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 33.52
- Operating Margin %
- 26.07%
- Net Margin %
- 18.70%
- ROE %
- 19.09%
- ROCE %
- 23.63%
- 14.48%
- Debtor Days
- 67
- Inventory Days
- 57
- Payable Days
- 87
- 36
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 26.38x
- 2.15x
- Revenue Growth %
- 23.36%
- Operating Profit Growth %
- 37.93%
- Net Profit Growth %
- 44.05%
- 44.01%
- P/E (x)
- 59.04x
- P/B (x)
- 10.40x
- Dividend Yield %
- 0.19%
- 36.47x
- EPS (₹)
- 33.41
- Book Value (₹)
- 272.72
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 41.62
- Operating Margin %
- 27.17%
- Net Margin %
- 20.19%
- ROE %
- 16.01%
- ROCE %
- 20.37%
- 12.99%
- Debtor Days
- 67
- Inventory Days
- 55
- Payable Days
- 74
- 48
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 32.59x
- 4.39x
- Revenue Growth %
- 21.37%
- Operating Profit Growth %
- 30.11%
- Net Profit Growth %
- 31.09%
- 24.16%
- P/E (x)
- 67.10x
- P/B (x)
- 8.22x
- Dividend Yield %
- 0.16%
- 41.75x
- EPS (₹)
- 31.78
- Book Value (₹)
- 305.72
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 43.04
- Operating Margin %
- 23.24%
- Net Margin %
- 17.00%
- ROE %
- 10.94%
- ROCE %
- 14.05%
- 8.89%
- Debtor Days
- 85
- Inventory Days
- 70
- Payable Days
- 78
- 77
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 20.96x
- 3.05x
- Revenue Growth %
- 12.30%
- Operating Profit Growth %
- 3.80%
- Net Profit Growth %
- -5.27%
- -4.88%
- P/E (x)
- 37.47x
- P/B (x)
- 3.90x
- Dividend Yield %
- 0.29%
- 21.79x
Documents
Announcements
- General Updates
2026-08-20 - Investor Call Scheedule to be held on 20th August, 2026 is Cancelled
- General Updates
2026-08-17 - Poly Medicure Limited has informed the Exchange about the schedule of Investors/Analysts Call/Meet
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-06-26 - Poly Medicure Limited has informed the Exchange about Credit Rating- Outlook Revision and Rating Re-affirmed
Concalls
Aug 2026
May 2026
Mar 2026

