āagman

Not investment advice. Data and computed figures, for information only.

Poly Medicure Ltd

NSE: POLYMED
₹1,583.80
−₹5.50 (−0.35%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹16,087 Cr
CMP
₹1,583.80
52-wk High / Low
₹2,094 / 1,182
P/E
50.3
P/B
5.2
Book Value
₹306.0
Div Yield
0.22%
ROCE
12.0%
ROE
9.0%
Face Value
₹5
D/E
0.11

Price−16.5% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹468
√(22.5 × EPS × book value per share)
ROIC
7.2%
vs 11.2% sector median
Cash flow to profit
0.77
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−249
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.0%
ROE × earnings retention ratio
ROE stability
2.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.36DII +0.48
Latest quarter vs the previous one
Cash-accrual divergence
2.1%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
+Promoter holding rose by 9.1pp over the last year
Watch-outs
−Latest ROCE of 12% trails the sector median of 17%
−Borrowings are up 331.7% since FY2016 (82 to 354)
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales321337340378385420424441403444494535525
Expenses234253249282281305310321298329382424400
Operating Profit87849096104115114119106115111110125
OPM %27.1%24.9%26.5%25.4%27.0%27.4%26.9%27.0%26.3%25.9%22.5%20.6%23.8%
Other Income14151715172724274335211935
Interest2233333233666
Depreciation16161616202121212325293836
Profit before tax83818892981181131231231229885117
Net Profit63626568748785929392716585
EPS (₹)6.546.486.787.127.718.638.419.069.199.067.006.548.49

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3904114545196106877859221,1151,3751,6691,8751,997
Expenses3043233613974795205697078471,0141,2131,4291,536
Operating Profit868893122131166216215267361456446461
OPM %22.1%21.4%20.5%23.5%21.5%24.2%27.5%23.3%23.9%26.3%27.3%23.8%23.1%
Other Income288141620212240386094119110
Interest101081214201161114142122
Depreciation1921242937414854576383116128
Profit before tax85657597100126180195237344453427422
Net Profit624855716596136147179258339321313
EPS (₹)7.075.476.258.007.4110.8614.1715.2818.6926.9133.4131.7831.09

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital222244444444484848485151—
Reserves1742072272943373919181,0401,1941,4222,7153,055—
Borrowings7982101133161207137127149174180354—
Other Liabilities89768594112126121163187215246401—
Total Liabilities3643874575656547671,2241,3771,5771,8593,1923,861—
Fixed Assets1651822072653063634264886358671,0841,694—
CWIP1014201819252143787610199—
Investments443178253543461261671,076755—
Other Assets1851872272643213544224997387489301,313—
Total Assets3643874575656547671,2241,3771,5771,8593,1923,861—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6663635675106131119123191266233246
Cash from Investing Activity−58−59−31−56−88−101−109−436−85−179−241−1,187−224
Cash from Financing Activity5−6−31016−5−21317−35−13−2095120
Net Cash Flow13−21031103−15−343

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %33.030.026.024.026.022.025.022.017.018.024.018.012.0
ROE %————————————9.0
EPS (₹)5.117.075.476.258.007.4110.8614.1715.2818.6926.9133.4131.78
Book Value (₹)————————————306.0
Face Value (₹)————————————5
P/E————————————50.3
Div Yield %————————————0.22
NPM %14.014.811.511.813.310.313.616.915.315.518.019.216.1
OPM %24.022.021.021.023.022.024.028.023.024.026.027.024.0
D/E0.460.400.360.370.390.420.480.140.120.120.120.070.11
P/B————————————5.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+16.0%
5 years+19.0%
3 years+19.0%
TTM+18.0%
Compounded profit growth
10 years+19.0%
5 years+14.0%
3 years+15.0%
TTM−11.0%
Stock price CAGR
10 years+24.0%
5 years+10.0%
3 years+5.0%
Last year−16.0%
Return on equity
10 years15.0%
5 years13.0%
3 years13.0%
Last year9.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters48.76%48.76%48.76%48.75%48.76%44.88%44.66%53.32%53.14%62.44%62.42%62.42%
FIIs5.87%5.87%5.48%5.01%2.90%12.61%15.07%16.21%12.37%11.46%5.92%5.56%
DIIs0.07%0.07%0.00%0.07%0.18%2.51%3.33%3.67%7.21%11.96%15.60%16.08%
Government————————————
Public45.30%45.30%45.76%46.17%48.16%40.00%36.94%26.79%27.25%14.13%16.08%15.94%
No. of shareholders5,5265,5265,5325,2748,57421,53133,83135,39336,71265,58373,41473,643
Change since Jun 2023 (pp)
Promoters +13.66FIIs −0.31DIIs +16.01Public −29.36

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowIntimation For The Schedule Of Investors/Analysts Call/Meet.Intimation For The Schedule Of Investors/Analysts Call/Meet.Intimation For The Schedule Of Investors/Analysts Call/Meet.Intimation For The Schedule Of Investors/Analysts Call/Meet.
Annual reports
Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022Annual Report 2021
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingMay 2026PPTMar 2026TranscriptMar 2026PPTMar 2026RecordingFeb 2026PPT

Corporate actions

As of 28 Aug 2026
28 Aug 2026DIVIDENDDividend - Rs 3.50 Per Share—
18 Sep 2025DIVIDENDDividend - Rs 3.50 Per Share—
19 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
21 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
16 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 2.50 Per Share—
16 Sep 2021DIVIDEND Dividend - Rs 2.50 Per Share—
27 Feb 2020DIVIDEND Interim Dividend - Rs 2 Per Share—
13 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 2 Per Share—
18 Sep 2018DIVIDEND Annual General Meeting/Dividend- Rs 2 Per Share (Purpose Revised)—
20 Sep 2017DIVIDEND Dividend- Re 0.50 Per Share—
24 Mar 2017BONUS Bonus 1:1—
15 Feb 2017DIVIDEND Interim Dividend Re 1/- Per Share—
11 Nov 2016DIVIDEND Interim Dividend Re 1/- Per Share (Purpose Revised)—
19 Sep 2016DIVIDEND Annual General Meeting/Dividend - Re 0.50 Per Share (Purpose Revised)—
17 Mar 2016DIVIDEND Interim Dividend - Rs 2.50/- Per Share (Purpose Revised)—
18 Sep 2015DIVIDEND Annual General Meeting/Dividend Rs 2.50 Per Share—
2 Feb 2015SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share10 : 5
15 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Rs 4/- Per Share—
19 Sep 2013DIVIDENDAnnual General Meeting / Dividend Rs.2 Per Share—
9 Jul 2013BONUSBonus 1:1—
13 Sep 2012DIVIDENDAnnual General Meeting/ Dividend Rs.3 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman