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NIFTY 5024,980.40+0.35%
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GOLD 24K (10g)₹75,420+0.38%
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MedPlus Health Services Limited

MedPlus Health Services Limited

NSE: MEDPLUS
Pharmaceutical RetailersHealthcareMID CAPMCap ₹7.35k Cr
₹611.95₹-0.85 (-0.14%)

Market Closed • NSE

Market cap₹7.35k Cr
Enterprise value₹8.17k Cr
P/E TTM34.93
Forward P/E26.98
P/B3.72
EPS TTM₹17.52
Forward EPS₹22.68
ROCE12.60%
D/E0.72
Dividend yield0.00%
Face value₹2.00
52W high₹1,022.20
52W low₹608.80
Price chart(1Y)
1Y Return:-30.61% (₹270.00)
H: ₹899.05L: ₹608.8
1W-2.49%
1M-6.43%
3M-22.88%
6M-31.30%
1Y-19.13%
Today at a glance

Day range

₹608.80₹615.00

52 week range

₹608.80₹1,022.20
Volume32.2K0.29x 20D avg
Free float50.00%-70.60% volume

MedPlus Health Services Limited closed at INR611.95 (-0.14%) on volume 0.29x its 20-day average, trading 40.13% below its 52-week high.

Technical analysis
RSI (14)26.2Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹12.95Moderate
SMA 20₹642.31BEARISH
SMA 50₹658.64BEARISH
SMA 100₹732.83BEARISH
SMA 200₹791.71BEARISH
CPR bottom₹615.65
Pivot₹614.70
CPR top₹613.75
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -48.4% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.42k Cr₹7.35k Cr19.38%≤ 33%PASS
Non-halal income ratio–₹6.89k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.73k Cr₹3.93k Cr94.95%≥ 20%PASS
Receivables ratio–₹3.93k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E34.9337.00
Forward P/E26.98—
P/B3.725.00
EV/EBITDA—18.00
PEG—1.00
Earnings yield2.902.70
Growth & profitability
RevenuePAT
FY24PAT margin 1.20%
FY25PAT margin 2.40%
FY26PAT margin 3.20%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.00%
Revenue CAGR 5Y+4.30%
PAT CAGR 3Y+13.60%
PAT CAGR 5Y+27.40%
Operating margin2.94%
Net margin2.91%
Financial health & cash flow
Net debt₹1.23k CrModerate
Interest coverage2.70xEBIT / interest
CFO / PAT2.60x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹495.6 Cr
Capital expenditure–
Free cash flow₹372.6 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation50/100
Profitability65/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.6x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Pharmaceutical Retailers.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2024

Ownership distribution

Dec 2024Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024
44.33%Institutional holding
15.45%Public holding
2Periods available
0.00%Promoter pledged
76.01KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)60.60%-4.62% latest vs average
Highest delivery95.34%on 15 Oct
Average volume (20D)109.8KTrading-session average
Conviction trendWeakening-4.62% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Sun Pharmaceutical Industries Limited
Sun Pharmaceutical Industries LimitedSUNPHARMA
Open analysis
₹4.22L34.900.91%₹15,300.00₹2,901.00+10.46%+26.52%
Divi's Laboratories Limited
Divi's Laboratories LimitedDIVISLAB
Open analysis
₹2.43L82.970.33%₹3,080.00₹902.00+27.80%+65.50%
Torrent Pharmaceuticals Limited
Torrent Pharmaceuticals LimitedTORNTPHARM
Open analysis
₹1.73L72.830.83%₹4,128.00₹389.00+41.90%-21.89%
Apollo Hospitals Enterprise Limited
Apollo Hospitals Enterprise LimitedAPOLLOHOSP
Open analysis
₹1.13L54.320.25%₹7,044.00₹610.00+20.58%+38.32%
Zydus Lifesciences Limited
Zydus Lifesciences LimitedZYDUSLIFE
Open analysis
₹1.12L25.030.09%₹8,017.00₹990.00+21.95%-34.91%
LENSKART SOLUTIONS LTD
LENSKART SOLUTIONS LTDLENSKART
Open analysis
₹1.12L174.730.00%₹2,714.00₹228.00+43.29%+273.77%
Laurus Labs Limited
Laurus Labs LimitedLAURUSLABS
Open analysis
₹1.11L101.830.12%₹2,026.31₹367.60+29.10%+125.49%
Cipla Limited
Cipla LimitedCIPLA
Open analysis
₹1.07L31.780.98%₹7,119.00₹786.00+2.33%-39.16%
About MedPlus Health Services Limited
MedPlus Health Services Limited

India's Leading Pharmacy Company[1][2] MedPlus is the 2nd largest pharmacy retailer in India, with 4,930 stores across 13 states and 1 union territory, serving 750 cities as of Q2 FY26. These stores are strategically distributed to maintain a high presence in metro, tier-one, and tier-two cities.

IndiaHealthcare

Questions investors ask
Is MedPlus Health Services Limited Shariah compliant?

MedPlus Health Services Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (19.38%) complies with AAOIFI threshold (≤ 33%).

What is MedPlus Health Services Limited's current valuation relative to peers?

MedPlus Health Services Limited trades at a P/E of 34.9x compared to the sector median of 37x, and a Price-to-Book of 3.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.72x. Interest coverage is 2.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 4.3% while net profit growth averaged 27.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.