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Poly Medicure Ltd

(POLYMED)

₹2589.050.72%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Poly Medicure Ltd Analyst Rating

based on 6 analysts

BUY

66.67%

Buy

16.67%

Hold

16.67%

Sell

Based on 6 analysts offering long term price targets for Poly Medicure Ltd. An average target of ₹2319.83

Source: S&P Global Market Intelligence

Poly Medicure Ltd Share analysis

Poly Medicure Ltd price forecast by 6 analysts

Downside of-11.04%

High

₹2850

Target

₹2319.83

Low

₹1999

Poly Medicure Ltd target price ₹2319.83, a slight downside of -11.04% compared to current price of ₹2589.05. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Poly Medicure Ltd Performance

  • Day's Low

    Day's High

    ₹2,565.35
    ₹2,652
  • 52 Week's Low

    52 Week's High

    ₹1,361
    ₹3,357.8
1 Month Return+ 6.41 %
3 Month Return+ 19.45 %
1 Year Return+ 71.67 %
Previous Close₹2,607.70
Open₹2,592.00
Volume1.34L
Upper Circuit-
Lower Circuit-
Market Cap₹26,422.71Cr

Poly Medicure Ltd Key Statistics

P/E Ratio85.16
PEG Ratio13.6
Market Cap₹26,422.71 Cr
P/B Ratio10.46
EPS26.91
Dividend Yield0
SectorHealthcare
ROE18.7

Poly Medicure Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹26,422.71 Cr228.53%0.55₹258 Cr₹1,375 Cr
HOLD₹32,572.86 Cr131.85%0.52₹300 Cr₹1,051 Cr
BUY₹18,008.87 Cr29.69%0.57₹72 Cr₹6,702 Cr
NA₹6,359.97 Cr4.48%0.79-₹388 Cr₹75 Cr
BUY₹16,029.93 Cr50.12%0.68₹218 Cr₹1,296 Cr

About Poly Medicure Ltd

Poly Medicure Ltd is a leading healthcare and medical device manufacturing company incorporated in 1997. The company is headed by its CEO, Mr. Rajiv Sharma, who has been at the helm of the company since its inception. Poly Medicure Ltd operates in a wide range of businesses, including medical devices, pharmaceuticals, diagnostics, and healthcare services.

Poly Medicure Ltd is well-known for its top-notch medical devices, which include disposable syringes, infusion sets, blood transfusion sets, and medical gloves. The company also manufactures a wide range of pharmaceuticals, ranging from antibiotics to painkillers. Its diagnostics services include X-ray, ultrasound, and CT scan.

Poly Medicure Ltd has several popular brands in its portfolio, including Polymed, Polycare, PolyPlus, and PolymedPlus. These brands are renowned for their quality and reliability. The company has also developed a wide range of innovative products, such as the Polymed Plus, which is a multi-purpose medical device that can be used for a variety of medical procedures.

Share Price: ₹2589.05 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹26,422.71Cr as of today
Revenue: ₹420.02Cr as on September 2024 (Q3 24)
Net Profit: ₹87.45Cr as on September 2024 (Q3 24)
Listing date: 07 Dec, 2011
Chairperson Name: Devendra Raj Mehta
OrganisationPoly Medicure Ltd
Headquarters
IndustryHealthcare
E-voting on sharesClick here to vote

Key events for Poly Medicure Ltd

  • New Scheme Boosts India's Medtech Sector - 09 Nov, 2024

    Union Health Minister JP Nadda launched a scheme aimed at strengthening India's medical devices industry, marking a significant milestone for growth and export potential, according to Himanshu Baid of Poly Medicure.

  • Poly Medicure Faces Profit Taking After Strong Rally - 04 Nov, 2024

    Poly Medicure's stock fell 7.07% to Rs 2939 after a 23.16% surge in three sessions, driven by strong Q2FY25 results showing a 40.62% profit increase.

  • Poly Medicure Ltd Shows Strong Trend with Breakout - 01 Nov, 2024

    Poly Medicure Ltd has achieved a breakout from a rounding bottom pattern, indicating strength in the trend. Since October 28, the stock has consistently closed above previous lows, suggesting a bullish outlook with potential targets of Rs 3,300, while nearest support is at Rs 2,650.

  • Poly Medicure Targets Growth in Interventional Cardiology - 29 Oct, 2024

    Poly Medicure aims for ₹300 crore in the interventional cardiology market, achieving ₹420 crore revenue in Q2 FY25. The company expects significant growth from its renal segment and strong international sales, contributing to an 84% rise in shares over the past year.

  • Poly Medicure Plans Strategic Growth and Expansion - 15 Oct, 2024

    Poly Medicure's MD, Himanshu Baid, outlines strategic priorities for FY25, including a Rs. 500 crore investment in manufacturing, new product introductions, and market expansion in Europe, the US, and Latin America.

  • Poly Medicure Plans Major Expansion with ₹500 Crore Investment - 13 Oct, 2024

    Poly Medicure Ltd. is investing over ₹500 crore to expand in cardiology, critical care, and renal care, targeting global markets. The company aims for 22-24% revenue growth in FY25, supported by a ₹1,000 crore QIP. Plans include new facilities and strategic acquisitions to enhance innovation and market share, particularly in Europe and the US.

Insights on Poly Medicure Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 62.19 Cr → 87.45 Cr (in ₹), with an average increase of 8.1% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 11.10% to 11.86% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 10 quarters, 253.82 Cr → 446.86 Cr (in ₹), with an average increase of 6.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.24% to 7.35% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, One Global Service Provider Ltd has given 289.6% return, outperforming this stock by 217.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, One Global Service Provider Ltd has given 665.8% return, outperforming this stock by 481.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 62.56% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.87% to 13.24% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, POLYMED stock has moved down by -3.5%

Poly Medicure Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹337.29Cr (-)₹339.60Cr (↑0.68%)₹378.07Cr (↑11.33%)₹384.78Cr (↑1.77%)₹420.02Cr (↑9.16%)
Net Income₹62.19Cr (-)₹65.02Cr (↑4.55%)₹68.36Cr (↑5.14%)₹74.04Cr (↑8.31%)₹87.45Cr (↑18.11%)
Net Profit Margin18.44% (-)19.15% (↑3.85%)18.08% (↓5.59%)19.24% (↑6.42%)20.82% (↑8.21%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,191.08Cr (-)₹1,336.71Cr (↑12.23%)₹1,540.55Cr (↑15.25%)₹1,824.15Cr (↑18.41%)
Total Liabilities₹237.07Cr (-)₹259.74Cr (↑9.56%)₹306.43Cr (↑17.98%)₹365.90Cr (↑19.41%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹126.91Cr (-)₹116.40Cr (↓8.28%)₹126.26Cr (↑8.47%)₹196.83Cr (↑55.89%)₹256.10Cr (↑30.11%)

Index Inclusions

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

BSE Healthcare

₹42,447.07

0.11 (46.96%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Poly Medicure Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.56%
0.00
Foreign Institutions
11.86%
6.83
Mutual Funds
7.35%
1.49
Retail Investors
13.24%
-4.51
Others
5%
-4.60

Poly Medicure Ltd Key Indicators

Details20202021202220232024
Return On Assets %12.9111.4110.9611.6414.16
Details20202021202220232024
Book Value Per Share (₹)49.27100.71113.4129.41153.18
Details20202021202220232024
Earning Per Share (₹)10.8614.1715.2818.6926.91
Details20202021202220232024
Return On Equity %22.8418.7214.3815.4918.7

Poly Medicure Ltd Valuation

Poly Medicure Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.90x)

March 24, 2020

Today (85.16x)

November 19, 2024

Industry (96.41x)

November 19, 2024

Highest (102.18x)

November 1, 2024

LowHigh

Poly Medicure Ltd Earnings and Dividends

  • Poly Medicure Ltd Earnings Results

    Poly Medicure Ltd’s net profit jumped 40.62% since last year same period to ₹87.45Cr in the Q2 2024-2025. On a quarterly growth basis, Poly Medicure Ltd has generated 18.11% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Poly Medicure Ltd Dividends May,2024

    In the quarter ending March 2024, Poly Medicure Ltd has declared dividend of ₹3 - translating a dividend yield of 0.12%.

    Read More about Dividends

Poly Medicure Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Poly Medicure Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Poly Medicure Ltd (POLYMED) share price today is ₹2589.05

Poly Medicure Ltd is listed on NSE

Poly Medicure Ltd is listed on BSE

  • Today’s highest price of Poly Medicure Ltd is ₹2652.
  • Today’s lowest price of Poly Medicure Ltd is ₹2565.35.

PE Ratio of Poly Medicure Ltd is 85.16

PE ratio = Poly Medicure Ltd Market price per share / Poly Medicure Ltd Earnings per share

Today’s traded volume of Poly Medicure Ltd(POLYMED) is 1.34L.

Today’s market capitalisation of Poly Medicure Ltd(POLYMED) is ₹26422.71Cr.

Poly Medicure Ltd(POLYMEDPrice
52 Week High
₹3357.8
52 Week Low
₹1361

Poly Medicure Ltd(POLYMED) share price is ₹2589.05. It is down -22.89% from its 52 Week High price of ₹3357.8

Poly Medicure Ltd(POLYMED) share price is ₹2589.05. It is up 90.23% from its 52 Week Low price of ₹1361

Poly Medicure Ltd(POLYMEDReturns
1 Day Returns
-18.65%
1 Month Returns
6.41%
3 Month Returns
19.45%
1 Year Returns
71.67%