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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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Poly Medicure Limited

Poly Medicure Limited

NSE: POLYMED
Medical Instruments & SuppliesHealthcareMID CAPMCap ₹16.15k Cr
₹1,593.80₹10.00 (+0.63%)

Market Closed • NSE

Market cap₹16.15k Cr
Enterprise value₹15.62k Cr
P/E TTM51.31
Forward P/E32.57
P/B5.20
EPS TTM₹31.06
Forward EPS₹48.93
D/E0.11
Dividend yield0.00%
52W high₹2,094.30
52W low₹1,182.00
Price chart(1Y)
1Y Return:+4.01% (+₹61.40)
H: ₹1,913.7L: ₹1,462.3
1W-2.89%
1M-6.94%
3M-6.02%
6M+7.11%
1Y-16.34%
Today at a glance

Day range

₹1,575.10₹1,601.10

52 week range

₹1,182.00₹2,094.30
Volume45.5K0.48x 20D avg
Free float50.00%-52.50% volume

Poly Medicure Limited closed at INR1593.80 (+0.63%) on volume 0.48x its 20-day average, trading 23.9% below its 52-week high.

Technical analysis
RSI (14)39.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹47.50Moderate
SMA 20₹1,648.02BEARISH
SMA 50₹1,708.70BEARISH
SMA 100₹1,656.18BEARISH
SMA 200₹1,559.09BULLISH
CPR bottom₹1,595.40
Pivot₹1,591.53
CPR top₹1,587.67
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -8.3% QoQ

2026-08-28

DIVIDEND Announced

Dividend - Rs 3.50 Per Share

2025-09-18

DIVIDEND Announced

Dividend - Rs 3.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹353.6 Cr₹16.15k Cr2.19%≤ 33%PASS
Non-halal income ratio–₹1.88k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.87k Cr₹3.92k Cr98.69%≥ 20%PASS
Receivables ratio–₹3.92k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E51.3137.00
Forward P/E32.57—
P/B5.205.00
EV/EBITDA—18.00
PEG—1.00
Earnings yield1.902.70
Growth & profitability
RevenuePAT
FY23PAT margin 16.20%
FY24PAT margin 18.90%
FY25PAT margin 20.30%
FY26PAT margin 17.70%

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

Revenue CAGR 3Y+19.10%
Revenue CAGR 5Y—
PAT CAGR 3Y+22.70%
PAT CAGR 5Y—
Operating margin16.91%
Net margin15.77%
Financial health & cash flow
Net debt₹302.3 CrModerate
Interest coverage17.90xEBIT / interest
CFO / PAT0.80x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹246.4 Cr
Capital expenditure–
Free cash flow₹-6201.7 Lakh
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
Valuation35/100
Profitability50/100
Financial health95/100

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

Low Debt Profile: Debt-to-Equity is comfortable at 0.11x

Risks

Stretched Valuation: Trading at a high P/E multiple of 51.3x

Bull case

Market Leadership: Established operational scale in Medical Instruments & Supplies.

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.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
29 Aug 2026Dividend₹3.50 / share—28 Aug 2026
18 Sept 2025Dividend₹3.50 / share—18 Sept 2025
—Dividend₹3.00 / share—19 Sept 2024
—Dividend₹3.00 / share—21 Sept 2023
—Dividend₹2.50 / share—16 Sept 2022
17 Sept 2021Dividend₹2.50 / share—16 Sept 2021
—Annual General MeetingAnnual General Meeting—16 Sept 2021
—Annual General MeetingAnnual General Meeting—21 Sept 2020
29 Feb 2020Dividend₹2.00 / share—27 Feb 2020
—Dividend₹2.00 / share—13 Sept 2019
—Dividend₹2.00 / share—18 Sept 2018
—Dividend₹0.50 / share—20 Sept 2017
28 Mar 2017Bonus issue1:1 bonus ratio—24 Mar 2017
16 Feb 2017Dividend₹1.00 / share—15 Feb 2017
15 Nov 2016Dividend₹1.00 / share—11 Nov 2016
—Dividend₹0.50 / share—19 Sept 2016
18 Mar 2016Dividend₹2.50 / share—17 Mar 2016
—Dividend₹2.50 / share—18 Sept 2015
03 Feb 2015Dividend₹10.00 / share—02 Feb 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)49.82%-0.42% latest vs average
Highest delivery65.94%on 07 Oct
Average volume (20D)95.7KTrading-session average
Conviction trendWeakening-0.42% 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 Poly Medicure Limited
Poly Medicure Limited

Poly Medicure Limited engages in the manufacture and sale of medical devices in India and internationally. The company offers infusion therapy products, such as I.V Infusion set, extension lines, needle free connector, I.V flow regulator extension set, burette set, three way stop cock, vial access spike, transfer spike, orburator, polyflush, maifolds, polyswab, and arterial blood collection; critical care products, including vial access spikes, arterial cannula, mini mid lines over the wire, extension line, enteral connector, central venous catheters, and huber needle; dialysis and renal care products, comprising peritoneal dialysis set, haemocent, standard and safety fistula needle, dialyzer, bloodlines and dialysis system. It also provides cardiology products PTFE wire, inflation device, Y-connector, manifold, introducer, IV Cannula, hydrophilic wire, guiding catheter, drug eluting stent, PTCA dilation catheter, diagnostic catheter, and electrocardiograph electrodes; vaccular access products; oncology products; diagnostics products, such as blood collection tubes, safety blood collection set, blood collection needles, and standard needle holder. In addition, the company offers transfusion system products, including blood bags, blood administration set, and others; anesthesia and respiratory care products, comprising variable concentration masks, oxygen mask with reservoirs, fixed concentration masks, aerosol therapy masks, ventilator circuits, suction catheters, spinal needle, polyciser, oxygen catheter, nebulizer compressor system, twin bore nasal oxygen cannula mucus extractor, HME filter, oro-pharyngeal airways, endotracheal tubes, catheter mount, and brain circuit; urology products, including urine collection bags, leg bag set, irrigation sets, foley balloon and urine drainage catheters, and urine collection bags with measured volume meters; wound drainage; and gastroenterology products. The company was incorporated in 1995 and is based in New Delhi, India.

IndiaHealthcare

Questions investors ask
Is Poly Medicure Limited Shariah compliant?

Poly Medicure Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.19%) complies with AAOIFI threshold (≤ 33%).

What is Poly Medicure Limited's current valuation relative to peers?

Poly Medicure Limited trades at a P/E of 51.3x compared to the sector median of 37x, and a Price-to-Book of 5.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.11x. Interest coverage is 17.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

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.