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Poly Medicure Ltd (POLYMED)

₹2109.650.82%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 5 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Poly Medicure Ltd. An average target of ₹2030.2

Source: S&P Global Market Intelligence

Poly Medicure Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹2,005.9
    ₹2,145.6
  • 52 Week's Low

    52 Week's High

    ₹1,075.25
    ₹2,236.6
1 Month Return+ 8.19 %
3 Month Return+ 35.43 %
1 Year Return+ 91.99 %
Previous Close₹2,127.10
Open₹2,137.70
Volume45.22K
Upper Circuit-
Lower Circuit-
Market Cap₹20,414.08Cr

Key Statistics

P/E Ratio79.02
PEG Ratio9.59
Market Cap₹20,414.08 Cr
P/B Ratio7.41
EPS18.69

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan1.99%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.29%
Quant ELSS Tax Saver Growth Option Direct PlanQuant ELSS Tax Saver Growth Option Direct Plan0.83%
Invesco India ELSS Tax Saver Fund Direct GrowthInvesco India ELSS Tax Saver Fund Direct Growth1.05%
Quant Healthcare Fund Direct GrowthQuant Healthcare Fund Direct Growth9.5%

Company Information

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: ₹2109.65 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹20,414.08Cr as of today
Revenue: ₹378.07Cr as on March 2024 (Q1 24)
Net Profit: ₹68.36Cr as on March 2024 (Q1 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

  • Poly Medicure MD Calls for Enhanced PLI Scheme in Budget to Boost Domestic Manufacturing - 12 Jul, 2024

    Poly Medicure's Managing Director Himanshu Baid has called for a more comprehensive Production-Linked Incentive (PLI) scheme in the upcoming budget to boost domestic manufacturing and import substitution. The government is likely to introduce a new scheme aimed at improving quality and reducing dependence on imports. Immediate changes are not feasible, so a gradual approach is necessary. Poly Medicure Ltd has a market capitalisation of ₹20,300 crore and its shares have risen 91% over the last year.

  • Poly Medicure Ltd's High P/E Ratio Reflects Strong Earnings Growth - 11 Jul, 2024

    Despite having a high P/E ratio of 79.4x, Poly Medicure Ltd has been experiencing strong earnings growth with EPS growing by 44% last year and 76% over the last three years. Analysts predict that earnings will grow by 27% each year over the next three years, which is higher than the market's predicted growth rate of 22%. Shareholders remain confident in the company's future prospects.

  • Poly Medicure Ltd's Volume Spikes on NSE - 08 Jul, 2024

    Poly Medicure Ltd saw a 5.99 fold spurt in volume with 5.81 lakh shares traded on NSE, rising 3.34% to Rs.2,145.20.

  • Lighthouse Advisors Sells Stake in Poly Medicure - 21 Jun, 2024

    Private equity firm Lighthouse Advisors India sold a 2.4% stake in Poly Medicure for Rs 444 crore via an open market deal, increasing its stock price by 2.99%.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 4.18% to 4.99% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 62.19 Cr → 68.36 Cr (in ₹), with an average increase of 4.6% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 253.82 Cr → 393.28 Cr (in ₹), with an average increase of 6.0% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, POLYMED stock has moved up by 35.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Raaj Medisafe India Ltd has given 445.4% return, outperforming this stock by 326.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Raaj Medisafe India Ltd has given 156.3% return, outperforming this stock by 64.3%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 53.16% to 53.15% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 14.10% to 12.38% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.29% to 27.26% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹378.07Cr
↑11.33%
Net Income
₹68.36Cr
↑5.14%
Net Profit Margin
18.08%
↓5.59%
2023Y/Y Change
Revenue
₹1,115.23Cr
↑20.82%
Net Income
₹179.28Cr
↑22.37%
Net Profit Margin
16.08%
↑1.32%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,540.55Cr
↑15.25%
Total Liabilities
₹306.43Cr
↑17.98%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹194.86Cr
↑54.33%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.15%
0.00
Foreign Institutions
12.38%
0.00
Mutual Funds
4.99%
0.00
Retail Investors
27.26%
0.00
Others
2.23%
0.00

Key Indicators

Poly Medicure Ltd Valuation

Poly Medicure Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.90x)

March 24, 2020

Today (79.02x)

July 16, 2024

Industry (91.53x)

July 16, 2024

Highest (79.89x)

July 11, 2024

LowHigh

Earnings and Dividends

  • Poly Medicure Ltd Earnings Results

    Poly Medicure Ltd’s net profit jumped 16.24% since last year same period to ₹68.36Cr in the Q4 2023-2024. On a quarterly growth basis, Poly Medicure Ltd has generated 5.14% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Poly Medicure Ltd Dividends May,2023

    In the quarter ending March 2023, Poly Medicure Ltd has declared dividend of ₹3 - translating a dividend yield of 0.26%.

    Read More about Dividends

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 ₹2109.65

Poly Medicure Ltd is listed on NSE

Poly Medicure Ltd is listed on BSE

  • Today’s highest price of Poly Medicure Ltd is ₹2145.6.
  • Today’s lowest price of Poly Medicure Ltd is ₹2005.9.

PE Ratio of Poly Medicure Ltd is 79.02

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 45.22K.

Today’s market capitalisation of Poly Medicure Ltd(POLYMED) is ₹20414.08Cr.

Poly Medicure Ltd(POLYMEDPrice
52 Week High
₹2236.6
52 Week Low
₹1075.25

Poly Medicure Ltd(POLYMED) share price is ₹2109.65. It is down -5.68% from its 52 Week High price of ₹2236.6

Poly Medicure Ltd(POLYMED) share price is ₹2109.65. It is up 96.20% from its 52 Week Low price of ₹1075.25

Poly Medicure Ltd(POLYMEDReturns
1 Day Returns
-17.45%
1 Month Returns
8.19%
3 Month Returns
35.43%
1 Year Returns
91.99%