Poly Medicure Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
- Company is almost debt free
- Company has delivered good sales growth of 17.3% CAGR over last 5 years
- Company comfortably covers its interest (29.9x coverage)
- Stock looks reasonably valued - P/E of 35.9 is below its historical median
- Working capital cycle has improved - days down from 346 to 266
CONS
- Receivables are growing faster than sales - a possible quality concern
- A large part of profit comes from other income (27.9% of PBT)
- Promoter holding has decreased over last 2 years: -3.6pp
- Total debt has risen sharply - up 46.3% year on year
- Though reporting repeated profits, the company pays out little dividend (10.6%)
* 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 | 654.40 | 173.67 | 113820.20 | 0.00 | 2284.30 | 3634.35 | 27141.80 | 1332.69 | 12.55 | 21.70 |
| 2. | POLYMED | 1766.40 | 56.82 | 17904.49 | 0.20 | 85.27 | -8.39 | 525.38 | 30.30 | 14.05 | 24.11 |
| 3. | MOLBIO | 1032.40 | 71.42 | 11897.38 | 0.00 | — | — | — | — | 19.79 | — |
| 4. | LAXMIDENTL | 199.35 | 35.51 | 1096.85 | 0.00 | 10.32 | 23.83 | 74.70 | 16.13 | 24.96 | 20.26 |
| 5. | 3BBLACKBIO | 1138.50 | 17.60 | 977.14 | 0.44 | 8.98 | -28.99 | 33.49 | 50.59 | 26.03 | 25.45 |
| 6. | GKB | 61.90 | 9.62 | 31.20 | 0.00 | 1.85 | 387.99 | 33.04 | 2.26 | 8.82 | 7.97 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 306 | 320 | 321 | 361 | 367 | 402 | 411 | 421 | 384 | 417 | 419 | 443 | 431 | |
| 220 | 237 | 236 | 264 | 266 | 290 | 295 | 305 | 282 | 305 | 307 | 322 | 341 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 13 | 13 | 17 | 16 | 17 | 27 | 22 | 24 | 41 | 34 | 30 | 15 | 29 |
| Interest | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 4 | 4 |
| Depreciation | 15 | 15 | 16 | 16 | 19 | 20 | 21 | 21 | 23 | 24 | 25 | 26 | 26 |
| 81 | 78 | 82 | 94 | 96 | 117 | 113 | 116 | 117 | 118 | 106 | 107 | 119 | |
| Tax % | 25.15% | 24.06% | 25.13% | 24.94% | 24.74% | 25.41% | 24.91% | 25.61% | 24.89% | 24.54% | 26.06% | 24.51% | 25.72% |
| Net Profit | 61 | 59 | 61 | 71 | 72 | 87 | 85 | 87 | 88 | 89 | 78 | 81 | 88 |
| 6 | 6 | 6 | 7 | 8 | 9 | 8 | 8 | 9 | 9 | 8 | 8 | 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% |
- 306
- 220
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 2
- Depreciation
- 15
- 81
- Tax %
- 25.15%
- Net Profit
- 61
- 6
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 320
- 237
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 2
- Depreciation
- 15
- 78
- Tax %
- 24.06%
- Net Profit
- 59
- 6
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 321
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 3
- Depreciation
- 16
- 82
- Tax %
- 25.13%
- Net Profit
- 61
- 6
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 361
- 264
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 3
- Depreciation
- 16
- 94
- Tax %
- 24.94%
- Net Profit
- 71
- 7
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 367
- 266
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 3
- Depreciation
- 19
- 96
- Tax %
- 24.74%
- Net Profit
- 72
- 8
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 48
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 402
- 290
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 3
- Depreciation
- 20
- 117
- Tax %
- 25.41%
- Net Profit
- 87
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 411
- 295
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 3
- Depreciation
- 21
- 113
- Tax %
- 24.91%
- Net Profit
- 85
- 8
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 421
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 2
- Depreciation
- 21
- 116
- Tax %
- 25.61%
- Net Profit
- 87
- 8
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 384
- 282
- Operating Profit
- —
- OPM %
- —
- Other Income
- 41
- Interest
- 3
- Depreciation
- 23
- 117
- Tax %
- 24.89%
- Net Profit
- 88
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 417
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 3
- Depreciation
- 24
- 118
- Tax %
- 24.54%
- Net Profit
- 89
- 9
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 419
- 307
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 4
- Depreciation
- 25
- 106
- Tax %
- 26.06%
- Net Profit
- 78
- 8
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 443
- 322
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 4
- Depreciation
- 26
- 107
- Tax %
- 24.51%
- Net Profit
- 81
- 8
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 431
- 341
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 4
- Depreciation
- 26
- 119
- Tax %
- 25.72%
- Net Profit
- 88
- 1
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 51
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 439 | 508 | 587 | 646 | 747 | 879 | 1,068 | 1,307 | 1,602 | 1,662 | 1,710 | |
| 345 | 387 | 453 | 484 | 537 | 665 | 802 | 956 | 1,154 | 1,219 | 1,275 | |
| Operating Profit | 108 | 136 | 150 | 181 | 230 | 253 | 303 | 409 | 538 | 568 | — |
| OPM % | 24 | 27 | 26 | 28 | 31 | 29 | 28 | 31 | 34 | 34 | — |
| Other Income | 14 | 14 | 16 | 19 | 19 | 39 | 36 | 58 | 90 | 125 | 107 |
| Interest | 8 | 11 | 13 | 20 | 10 | 5 | 10 | 13 | 14 | 16 | 15 |
| Depreciation | 23 | 28 | 36 | 39 | 46 | 53 | 56 | 62 | 81 | 98 | 101 |
| 76 | 96 | 100 | 122 | 173 | 195 | 237 | 335 | 443 | 448 | 449 | |
| Tax % | 26 | 27 | 34 | 24 | 25 | 25 | 24 | 25 | 25 | 25 | 25 |
| Net Profit | 56 | 70 | 66 | 92 | 130 | 146 | 179 | 252 | 331 | 336 | 336 |
| EPS | 6 | 8 | 8 | 10 | 15 | 15 | 19 | 26 | 33 | 33 | — |
| Dividend Payout % | 39 | 25 | 27 | 19 | 19 | 16 | 16 | 11 | 11 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 8 | 8 | 10 | 14 | 15 | 19 | 26 | 33 | 33 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 8 | 8 | 10 | 14 | 15 | 19 | 26 | 33 | 33 | — |
- 439
- 345
- Operating Profit
- 108
- OPM %
- 24
- Other Income
- 14
- Interest
- 8
- Depreciation
- 23
- 76
- Tax %
- 26
- Net Profit
- 56
- EPS
- 6
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- 508
- 387
- Operating Profit
- 136
- OPM %
- 27
- Other Income
- 14
- Interest
- 11
- Depreciation
- 28
- 96
- Tax %
- 27
- Net Profit
- 70
- 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
- 587
- 453
- Operating Profit
- 150
- OPM %
- 26
- Other Income
- 16
- Interest
- 13
- Depreciation
- 36
- 100
- Tax %
- 34
- Net Profit
- 66
- EPS
- 8
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- 646
- 484
- Operating Profit
- 181
- OPM %
- 28
- Other Income
- 19
- Interest
- 20
- Depreciation
- 39
- 122
- Tax %
- 24
- Net Profit
- 92
- EPS
- 10
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- 747
- 537
- Operating Profit
- 230
- OPM %
- 31
- Other Income
- 19
- Interest
- 10
- Depreciation
- 46
- 173
- Tax %
- 25
- Net Profit
- 130
- EPS
- 15
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- 879
- 665
- Operating Profit
- 253
- OPM %
- 29
- Other Income
- 39
- Interest
- 5
- Depreciation
- 53
- 195
- Tax %
- 25
- Net Profit
- 146
- 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
- 1,068
- 802
- Operating Profit
- 303
- OPM %
- 28
- Other Income
- 36
- Interest
- 10
- Depreciation
- 56
- 237
- Tax %
- 24
- 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
- 1,307
- 956
- Operating Profit
- 409
- OPM %
- 31
- Other Income
- 58
- Interest
- 13
- Depreciation
- 62
- 335
- Tax %
- 25
- Net Profit
- 252
- EPS
- 26
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- 1,602
- 1,154
- Operating Profit
- 538
- OPM %
- 34
- Other Income
- 90
- Interest
- 14
- Depreciation
- 81
- 443
- Tax %
- 25
- Net Profit
- 331
- EPS
- 33
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- 1,662
- 1,219
- Operating Profit
- 568
- OPM %
- 34
- Other Income
- 125
- Interest
- 16
- Depreciation
- 98
- 448
- Tax %
- 25
- Net Profit
- 336
- EPS
- 33
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- 1,710
- 1,275
- Operating Profit
- —
- OPM %
- —
- Other Income
- 107
- Interest
- 15
- Depreciation
- 101
- 449
- Tax %
- 25
- Net Profit
- 336
- 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:
- 15%
- 5 Years:
- 17%
- 3 Years:
- 16%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 22%
- 5 Years:
- 21%
- 3 Years:
- 23%
STOCK PRICE CAGR
- 10 Years:
- 24%
- 5 Years:
- 14%
- 3 Years:
- 6%
- 1 Year:
- -12%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 15%
- 3 Years:
- 15%
- Last Year:
- 12%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 225 | 290 | 335 | 385 | 905 | 1,027 | 1,184 | 1,407 | 2,691 | 2,995 | |
| 49 | 48 | 59 | 79 | 63 | 79 | 123 | 145 | 167 | 243 | |
| Trade Payables | 41 | 43 | 50 | 60 | 56 | 78 | 78 | 89 | 77 | 85 |
| 90 | 129 | 172 | 203 | 159 | 102 | 163 | 205 | 242 | 268 | |
| Total Liabilities | 449 | 555 | 661 | 772 | 1,231 | 1,334 | 1,596 | 1,894 | 3,228 | 3,641 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 200 | 256 | 269 | 324 | 385 | 447 | 597 | 831 | 1,047 | 1,217 | |
| Capital Work in Progress | 12 | 10 | 9 | 17 | 15 | 37 | 73 | 67 | 89 | 90 |
| 6 | 18 | 42 | 58 | 385 | 384 | 181 | 221 | 1,126 | 1,243 | |
| 58 | 69 | 74 | 101 | 109 | 150 | 183 | 193 | 250 | 281 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 259 | 340 | 442 | |
| Cash & Bank | 22 | 20 | 53 | 22 | 27 | 8 | 171 | 137 | 143 | 43 |
| 151 | 182 | 213 | 250 | 310 | 307 | 391 | 187 | 232 | 324 | |
| Total Assets | 449 | 555 | 661 | 772 | 1,231 | 1,334 | 1,596 | 1,894 | 3,228 | 3,641 |
| Total Debt | 97 | 127 | 150 | 190 | 123 | 109 | 135 | 160 | 170 | 248 |
| Net Working Capital | 92 | 134 | 146 | 117 | 522 | 538 | 486 | 464 | 1,524 | 1,220 |
| Contingent Liabilities | 39 | 48 | 43 | 58 | 64 | 69 | 69 | 113 | 77 | 56 |
| Book Value per Share | 30.48 | 37.87 | 43.01 | 48.63 | 99.42 | 112.14 | 128.39 | 151.59 | 270.61 | 300.44 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 97 | 127 | 150 | 190 | 123 | 109 | 135 | 160 | 170 | 248 |
| Net Working Capital | 92 | 134 | 146 | 117 | 522 | 538 | 486 | 464 | 1,524 | 1,220 |
| Contingent Liabilities | 39 | 48 | 43 | 58 | 64 | 69 | 69 | 113 | 77 | 56 |
| Book Value per Share | 30.48 | 37.87 | 43.01 | 48.63 | 99.42 | 112.14 | 128.39 | 151.59 | 270.61 | 300.44 |
| 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
- 225
- 49
- Trade Payables
- 41
- 90
- Total Liabilities
- 449
- 200
- Capital Work in Progress
- 12
- 6
- 58
- 0
- Cash & Bank
- 22
- 151
- Total Assets
- 449
- Total Debt
- 97
- Net Working Capital
- 92
- Contingent Liabilities
- 39
- Book Value per Share
- 30.48
- Face Value
- 5.00
- Total Debt
- 97
- Net Working Capital
- 92
- Contingent Liabilities
- 39
- Book Value per Share
- 30.48
- Face Value
- 5.00
- Equity Capital
- 44
- 290
- 48
- Trade Payables
- 43
- 129
- Total Liabilities
- 555
- 256
- Capital Work in Progress
- 10
- 18
- 69
- 0
- Cash & Bank
- 20
- 182
- Total Assets
- 555
- Total Debt
- 127
- Net Working Capital
- 134
- Contingent Liabilities
- 48
- Book Value per Share
- 37.87
- Face Value
- 5.00
- Total Debt
- 127
- Net Working Capital
- 134
- Contingent Liabilities
- 48
- Book Value per Share
- 37.87
- Face Value
- 5.00
- Equity Capital
- 44
- 335
- 59
- Trade Payables
- 50
- 172
- Total Liabilities
- 661
- 269
- Capital Work in Progress
- 9
- 42
- 74
- 0
- Cash & Bank
- 53
- 213
- Total Assets
- 661
- Total Debt
- 150
- Net Working Capital
- 146
- Contingent Liabilities
- 43
- Book Value per Share
- 43.01
- Face Value
- 5.00
- Total Debt
- 150
- Net Working Capital
- 146
- Contingent Liabilities
- 43
- Book Value per Share
- 43.01
- Face Value
- 5.00
- Equity Capital
- 44
- 385
- 79
- Trade Payables
- 60
- 203
- Total Liabilities
- 772
- 324
- Capital Work in Progress
- 17
- 58
- 101
- 0
- Cash & Bank
- 22
- 250
- Total Assets
- 772
- Total Debt
- 190
- Net Working Capital
- 117
- Contingent Liabilities
- 58
- Book Value per Share
- 48.63
- Face Value
- 5.00
- Total Debt
- 190
- Net Working Capital
- 117
- Contingent Liabilities
- 58
- Book Value per Share
- 48.63
- Face Value
- 5.00
- Equity Capital
- 48
- 905
- 63
- Trade Payables
- 56
- 159
- Total Liabilities
- 1,231
- 385
- Capital Work in Progress
- 15
- 385
- 109
- 0
- Cash & Bank
- 27
- 310
- Total Assets
- 1,231
- Total Debt
- 123
- Net Working Capital
- 522
- Contingent Liabilities
- 64
- Book Value per Share
- 99.42
- Face Value
- 5.00
- Total Debt
- 123
- Net Working Capital
- 522
- Contingent Liabilities
- 64
- Book Value per Share
- 99.42
- Face Value
- 5.00
- Equity Capital
- 48
- 1,027
- 79
- Trade Payables
- 78
- 102
- Total Liabilities
- 1,334
- 447
- Capital Work in Progress
- 37
- 384
- 150
- 0
- Cash & Bank
- 8
- 307
- Total Assets
- 1,334
- Total Debt
- 109
- Net Working Capital
- 538
- Contingent Liabilities
- 69
- Book Value per Share
- 112.14
- Face Value
- 5.00
- Total Debt
- 109
- Net Working Capital
- 538
- Contingent Liabilities
- 69
- Book Value per Share
- 112.14
- Face Value
- 5.00
- Equity Capital
- 48
- 1,184
- 123
- Trade Payables
- 78
- 163
- Total Liabilities
- 1,596
- 597
- Capital Work in Progress
- 73
- 181
- 183
- 0
- Cash & Bank
- 171
- 391
- Total Assets
- 1,596
- Total Debt
- 135
- Net Working Capital
- 486
- Contingent Liabilities
- 69
- Book Value per Share
- 128.39
- Face Value
- 5.00
- Total Debt
- 135
- Net Working Capital
- 486
- Contingent Liabilities
- 69
- Book Value per Share
- 128.39
- Face Value
- 5.00
- Equity Capital
- 48
- 1,407
- 145
- Trade Payables
- 89
- 205
- Total Liabilities
- 1,894
- 831
- Capital Work in Progress
- 67
- 221
- 193
- 259
- Cash & Bank
- 137
- 187
- Total Assets
- 1,894
- Total Debt
- 160
- Net Working Capital
- 464
- Contingent Liabilities
- 113
- Book Value per Share
- 151.59
- Face Value
- 5.00
- Total Debt
- 160
- Net Working Capital
- 464
- Contingent Liabilities
- 113
- Book Value per Share
- 151.59
- Face Value
- 5.00
- Equity Capital
- 51
- 2,691
- 167
- Trade Payables
- 77
- 242
- Total Liabilities
- 3,228
- 1,047
- Capital Work in Progress
- 89
- 1,126
- 250
- 340
- Cash & Bank
- 143
- 232
- Total Assets
- 3,228
- Total Debt
- 170
- Net Working Capital
- 1,524
- Contingent Liabilities
- 77
- Book Value per Share
- 270.61
- Face Value
- 5.00
- Total Debt
- 170
- Net Working Capital
- 1,524
- Contingent Liabilities
- 77
- Book Value per Share
- 270.61
- Face Value
- 5.00
- Equity Capital
- 51
- 2,995
- 243
- Trade Payables
- 85
- 268
- Total Liabilities
- 3,641
- 1,217
- Capital Work in Progress
- 90
- 1,243
- 281
- 442
- Cash & Bank
- 43
- 324
- Total Assets
- 3,641
- Total Debt
- 248
- Net Working Capital
- 1,220
- Contingent Liabilities
- 56
- Book Value per Share
- 300.44
- Face Value
- 5.00
- Total Debt
- 248
- Net Working Capital
- 1,220
- Contingent Liabilities
- 56
- Book Value per Share
- 300.44
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 75 | 113 | 127 | 116 | 126 | 197 | 256 | 230 | 245 | |
| Cash from Investing | -54 | -87 | -104 | -106 | -434 | -89 | -189 | -237 | -1,184 | -268 |
| Cash from Financing | -1 | 14 | -10 | -22 | 319 | -40 | -8 | -17 | 953 | 28 |
| 0 | 3 | -1 | -1 | 1 | -2 | -0 | 2 | -2 | 5 | |
| Free Cash Flow | 1 | -6 | 70 | 30 | 13 | -5 | -37 | -30 | -75 | -15 |
| OCF / Net Profit | 0.98 | 1.08 | 1.71 | 1.37 | 0.90 | 0.86 | 1.10 | 1.02 | 0.69 | 0.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 108 | 102 | 71 | -29 | -134 | -162 |
| OCF / Net Profit | 0.98 | 1.08 | 1.71 | 1.37 | 0.90 | 0.86 | 1.10 | 1.02 | 0.69 | 0.73 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 108 | 102 | 71 | -29 | -134 | -162 |
- 55
- Cash from Investing
- -54
- Cash from Financing
- -1
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
- 75
- Cash from Investing
- -87
- Cash from Financing
- 14
- 3
- Free Cash Flow
- -6
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 0
- 113
- Cash from Investing
- -104
- Cash from Financing
- -10
- -1
- Free Cash Flow
- 70
- OCF / Net Profit
- 1.71
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.71
- Cumulative 5-Year FCF
- 0
- 127
- Cash from Investing
- -106
- Cash from Financing
- -22
- -1
- Free Cash Flow
- 30
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.37
- Cumulative 5-Year FCF
- 0
- 116
- Cash from Investing
- -434
- Cash from Financing
- 319
- 1
- Free Cash Flow
- 13
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 108
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- 108
- 126
- Cash from Investing
- -89
- Cash from Financing
- -40
- -2
- Free Cash Flow
- -5
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- 102
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- 102
- 197
- Cash from Investing
- -189
- Cash from Financing
- -8
- -0
- Free Cash Flow
- -37
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 71
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 71
- 256
- Cash from Investing
- -237
- Cash from Financing
- -17
- 2
- Free Cash Flow
- -30
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- -29
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- -29
- 230
- Cash from Investing
- -1,184
- Cash from Financing
- 953
- -2
- Free Cash Flow
- -75
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -134
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -134
- 245
- Cash from Investing
- -268
- Cash from Financing
- 28
- 5
- Free Cash Flow
- -15
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- -162
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- -162
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 6.37 | 7.96 | 7.51 | 10.47 | 13.51 | 15.23 | 18.66 | 26.23 | 32.70 | 33.15 |
| Book Value (₹) | 30.48 | 37.87 | 43.01 | 48.63 | 99.42 | 112.14 | 128.39 | 151.59 | 270.61 | 300.44 |
| 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 (₹) | 8.97 | 11.18 | 11.63 | 14.92 | 18.34 | 20.70 | 24.46 | 32.64 | 40.73 | 42.81 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 24.11% | 26.66% | 25.43% | 27.85% | 30.57% | 28.59% | 28.22% | 26.75% | 27.84% | 26.47% |
| Net Margin % | 12.59% | 13.77% | 11.23% | 14.23% | 17.24% | 16.52% | 16.69% | 19.18% | 20.59% | 20.07% |
| ROE % | 22.81% | 23.28% | 18.58% | 22.85% | 18.74% | 14.40% | 15.52% | 18.74% | 15.79% | 11.61% |
| ROCE % | 25.30% | 25.96% | 22.92% | 24.64% | 21.62% | 17.68% | 19.34% | 23.28% | 20.14% | 14.91% |
| 13.62% | 13.99% | 10.91% | 12.90% | 12.93% | 11.39% | 12.22% | 14.43% | 12.94% | 9.78% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 72 | 74 | 73 | 69 | 65 | 70 | 70 | 67 | 68 | 85 |
| Inventory Days | 40 | 45 | 44 | 49 | 51 | 54 | 57 | 52 | 50 | 58 |
| Payable Days | 117 | 127 | 112 | 131 | 108 | 94 | 95 | 84 | 71 | 70 |
| -5 | -7 | 6 | -13 | 9 | 30 | 32 | 35 | 47 | 74 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.36x | 0.38x | 0.40x | 0.44x | 0.13x | 0.10x | 0.11x | 0.11x | 0.06x | 0.08x |
| Interest Coverage (x) | 10.06x | 9.67x | 8.63x | 7.16x | 18.43x | 37.30x | 24.23x | 27.06x | 33.80x | 29.86x |
| 1.85x | 2.15x | 1.90x | 1.56x | 3.67x | 3.65x | 2.49x | 2.16x | 4.55x | 3.39x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 11.41% | 15.69% | 15.39% | 10.14% | 15.66% | 17.66% | 21.46% | 22.40% | 22.53% | 3.79% |
| Operating Profit Growth % | 13.51% | 26.23% | 10.42% | 20.52% | 27.00% | 10.00% | 19.81% | 35.24% | 31.39% | 5.64% |
| Net Profit Growth % | 18.80% | 24.91% | -5.58% | 39.37% | 40.19% | 12.74% | 22.62% | 40.59% | 31.63% | 1.40% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 40.55% | 24.67% | 1.37% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 60.57x | 68.57x | 35.92x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.48x | 8.29x | 3.96x |
| 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 | 37.31x | 42.29x | 21.61x |
- EPS (₹)
- 6.37
- Book Value (₹)
- 30.48
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 8.97
- Operating Margin %
- 24.11%
- Net Margin %
- 12.59%
- ROE %
- 22.81%
- ROCE %
- 25.30%
- 13.62%
- Debtor Days
- 72
- Inventory Days
- 40
- Payable Days
- 117
- -5
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 10.06x
- 1.85x
- Revenue Growth %
- 11.41%
- Operating Profit Growth %
- 13.51%
- Net Profit Growth %
- 18.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.96
- Book Value (₹)
- 37.87
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 11.18
- Operating Margin %
- 26.66%
- Net Margin %
- 13.77%
- ROE %
- 23.28%
- ROCE %
- 25.96%
- 13.99%
- Debtor Days
- 74
- Inventory Days
- 45
- Payable Days
- 127
- -7
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 9.67x
- 2.15x
- Revenue Growth %
- 15.69%
- Operating Profit Growth %
- 26.23%
- Net Profit Growth %
- 24.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.51
- Book Value (₹)
- 43.01
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 11.63
- Operating Margin %
- 25.43%
- Net Margin %
- 11.23%
- ROE %
- 18.58%
- ROCE %
- 22.92%
- 10.91%
- Debtor Days
- 73
- Inventory Days
- 44
- Payable Days
- 112
- 6
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 8.63x
- 1.90x
- Revenue Growth %
- 15.39%
- Operating Profit Growth %
- 10.42%
- Net Profit Growth %
- -5.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.47
- Book Value (₹)
- 48.63
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 14.92
- Operating Margin %
- 27.85%
- Net Margin %
- 14.23%
- ROE %
- 22.85%
- ROCE %
- 24.64%
- 12.90%
- Debtor Days
- 69
- Inventory Days
- 49
- Payable Days
- 131
- -13
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 7.16x
- 1.56x
- Revenue Growth %
- 10.14%
- Operating Profit Growth %
- 20.52%
- Net Profit Growth %
- 39.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 13.51
- Book Value (₹)
- 99.42
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 18.34
- Operating Margin %
- 30.57%
- Net Margin %
- 17.24%
- ROE %
- 18.74%
- ROCE %
- 21.62%
- 12.93%
- Debtor Days
- 65
- Inventory Days
- 51
- Payable Days
- 108
- 9
- Debt to Equity (x)
- 0.13x
- Interest Coverage (x)
- 18.43x
- 3.67x
- Revenue Growth %
- 15.66%
- Operating Profit Growth %
- 27.00%
- Net Profit Growth %
- 40.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 15.23
- Book Value (₹)
- 112.14
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 20.70
- Operating Margin %
- 28.59%
- Net Margin %
- 16.52%
- ROE %
- 14.40%
- ROCE %
- 17.68%
- 11.39%
- Debtor Days
- 70
- Inventory Days
- 54
- Payable Days
- 94
- 30
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 37.30x
- 3.65x
- Revenue Growth %
- 17.66%
- Operating Profit Growth %
- 10.00%
- Net Profit Growth %
- 12.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 18.66
- Book Value (₹)
- 128.39
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 24.46
- Operating Margin %
- 28.22%
- Net Margin %
- 16.69%
- ROE %
- 15.52%
- ROCE %
- 19.34%
- 12.22%
- Debtor Days
- 70
- Inventory Days
- 57
- Payable Days
- 95
- 32
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 24.23x
- 2.49x
- Revenue Growth %
- 21.46%
- Operating Profit Growth %
- 19.81%
- Net Profit Growth %
- 22.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 26.23
- Book Value (₹)
- 151.59
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 32.64
- Operating Margin %
- 26.75%
- Net Margin %
- 19.18%
- ROE %
- 18.74%
- ROCE %
- 23.28%
- 14.43%
- Debtor Days
- 67
- Inventory Days
- 52
- Payable Days
- 84
- 35
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 27.06x
- 2.16x
- Revenue Growth %
- 22.40%
- Operating Profit Growth %
- 35.24%
- Net Profit Growth %
- 40.59%
- 40.55%
- P/E (x)
- 60.57x
- P/B (x)
- 10.48x
- Dividend Yield %
- 0.19%
- 37.31x
- EPS (₹)
- 32.70
- Book Value (₹)
- 270.61
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 40.73
- Operating Margin %
- 27.84%
- Net Margin %
- 20.59%
- ROE %
- 15.79%
- ROCE %
- 20.14%
- 12.94%
- Debtor Days
- 68
- Inventory Days
- 50
- Payable Days
- 71
- 47
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 33.80x
- 4.55x
- Revenue Growth %
- 22.53%
- Operating Profit Growth %
- 31.39%
- Net Profit Growth %
- 31.63%
- 24.67%
- P/E (x)
- 68.57x
- P/B (x)
- 8.29x
- Dividend Yield %
- 0.16%
- 42.29x
- EPS (₹)
- 33.15
- Book Value (₹)
- 300.44
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 42.81
- Operating Margin %
- 26.47%
- Net Margin %
- 20.07%
- ROE %
- 11.61%
- ROCE %
- 14.91%
- 9.78%
- Debtor Days
- 85
- Inventory Days
- 58
- Payable Days
- 70
- 74
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 29.86x
- 3.39x
- Revenue Growth %
- 3.79%
- Operating Profit Growth %
- 5.64%
- Net Profit Growth %
- 1.40%
- 1.37%
- P/E (x)
- 35.92x
- P/B (x)
- 3.96x
- Dividend Yield %
- 0.29%
- 21.61x
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

