On 6 Nov 2026, Medico Remedies was priced at ₹17.99, or 10.8× trailing earnings, against an industry P/E of 28.7×, and the shares are 68% below their 52-week high. Sales and net profit grew 14% and 22% a year over 3 years; its ROCE of 25% is the highest among the 7 largest Drug Manufacturers (Specialty & Generic) peers. Debt is 0.25× equity. It is a small-cap company with a market cap of ₹149 Cr, ranked 103rd of 154 Drug Manufacturers (Specialty & Generic) companies by market cap; the shares fell 63% over the past year.
- ₹18.40
- ₹18.47
- ₹17.81
- ₹18.45
- 2.1 L
Health check
- ReturnsBehind
−62.7% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 10.8 vs industry 28.7.
- GrowthStrong
Sales +13.8%, profit +21.9% a year over 3 years.
- ProfitabilityStrong
ROCE 25.1% vs peer median 17.9%.
- Balance sheetFair
Debt 0.25× equity, interest covered 19.2×, Piotroski 5 of 9.
- Red flags1 to check
68% below its 52-week high.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹149 Cr
- Small cap
- P/E
- 10.8
- Industry 28.7
- Price to book
- 1.97
- Peers 4.99
- Dividend yield
- 0.00%
- ROE
- 19.0%
- Peers 14.7%
- ROCE
- 25.1%
- Peers 17.9%
- Debt to equity
- 0.25
- Debt ₹19 Cr
- EPS (TTM)
- ₹1.67
- Face value ₹2
- OPM (TTM)
- 7.4%
- Net margin 5.8%
- Sales growth
- +81.4%
- Latest quarter vs a year ago
- Profit growth
- +38.5%
- Latest quarter vs a year ago
- Price to sales
- 0.63
- EV/EBITDA 9.4
Strengths and risks
Strengths
- Return on equity of 19.0%.
- Return on capital employed of 25.1%.
- Quarterly profit up 38.5% on a year ago.
- Quarterly sales up 81.4% on a year ago.
- P/E of 10.8 against an industry P/E of 28.7.
Risks to check
- 68% below its 52-week high.
About Medico Remedies
Medico Remedies Limited develops, manufactures, and sells pharmaceutical and nutraceutical products in India. The company offers antibiotics and anti-infectives; beta-lactams-penicillins and cephalosporins; antifungals; vitamins and supplements; cardiovascular products; antipyretic, analgesic, and NSAIDs medicines; antacid and anti-ulcer drugs; antidepressants, antipsychotics, and anti-epileptics; antimalarials; dry syrups; ointments and creams;…
- Headquarters
- Mumbai
- Employees
- 105
- Sector
- Healthcare
- ISIN
- INE630Y01024
- Website
- medicoremedies.com
Price range
- Avg volume (3M)
- 4.5 L
- 1-year return
- minus 62.7%
- From 52-week high
- minus 68.4%
Peers · Drug Manufacturers - Specialty & Generic
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUNPHARMASun Pharmaceutical Industries | 1,860.00 | plus 1.69% | 4,46,276 | 40.7 | 4.99 | 17.9% | 13.1% | 28.2% | 10.4% | 10.6% | 0.86% | plus 8.2% |
| DIVISLABDivi's Laboratories | 10,320.50 | plus 1.78% | 2,73,977 | 93.6 | 16.35 | 19.0% | 16.2% | 34.9% | 11.0% | 12.1% | 0.29% | plus 49.0% |
| TORNTPHARMTorrent Pharmaceuticals | 4,750.00 | plus 0.85% | 1,80,675 | 80.2 | 9.83 | 9.1% | 15.7% | 33.7% | 13.3% | 20.2% | 0.80% | plus 31.7% |
| LAURUSLABSLaurus Labs | 2,340.00 | minus 0.26% | 1,26,433 | 94.4 | 20.86 | 19.5% | 24.0% | 30.4% | 3.8% | 4.0% | 0.09% | plus 138.6% |
| ZYDUSLIFEZydus Lifesciences | 1,197.90 | plus 0.41% | 1,19,491 | 28.6 | 4.29 | 19.0% | 14.7% | 26.2% | 16.5% | 37.0% | 0.08% | plus 22.8% |
| DRREDDYDr. Reddy's Laboratories | 1,373.00 | plus 0.51% | 1,14,462 | 40.9 | 2.96 | 14.2% | 7.3% | 15.9% | 11.0% | −1.7% | 0.58% | plus 13.8% |
| CIPLACipla | 1,411.00 | plus 0.49% | 1,13,993 | 39.4 | 3.22 | 14.9% | 8.3% | 17.3% | 7.2% | 11.5% | 0.92% | minus 6.6% |
| MEDICOMedico Remedies | 17.99 | minus 2.49% | 149 | 10.8 | 1.97 | 25.1% | 19.0% | 3.7% | 13.8% | 21.9% | 0.00% | minus 62.7% |
| Median of 7 peers | – | 0.51% | 1,26,433 | 40.9 | 4.99 | 17.9% | 14.7% | 28.2% | 11.0% | 11.5% | 0.58% | 22.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 38.3 | 52.6 | 58.7 | 56.8 | 69.4 | |
| 35.4 | 49.9 | 54.4 | 49.7 | 66.1 | |
| 2.8 | 2.7 | 4.3 | 7.2 | 3.3 | |
| 7.4% | 5.2% | 7.4% | 12.6% | 4.8% | |
| 0.7 | 1.7 | 0.7 | 2.9 | 1.2 | |
| 0.3 | 0.2 | 0.4 | 0.9 | 0.4 | |
| 0.8 | 0.7 | 0.8 | 0.8 | 0.7 | |
| 2.4 | 3.5 | 3.8 | 8.3 | 3.3 | |
| 25.3% | 26.1% | 25.1% | 29.6% | 24.6% | |
| 1.8 | 2.6 | 2.9 | 5.9 | 2.5 | |
| 0.22 | 0.31 | 0.35 | 0.71 | 0.30 |
Profit & loss
- Sales CAGR 3Y
- +13.8%
- Profit CAGR 3Y
- +21.9%
- EPS CAGR 3Y
- +22.0%
- ROE
- 19.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 138 | 143 | 149 | 204 | |
| – | +3.5% | +3.7% | +37.3% | |
| 126 | 130 | 134 | 187 | |
| 12.3 | 12.9 | 15 | 17 | |
| 8.9% | 9.0% | 10.1% | 8.3% | |
| 3.8 | 1.9 | 2.4 | 5.1 | |
| 0.6 | 0.6 | 0.9 | 1 | |
| 5.4 | 2.9 | 3 | 3.1 | |
| – | 0 | – | 0 | |
| 10.1 | 11.3 | 13.5 | 18.1 | |
| 28.3% | 26.9% | 25.3% | 27.4% | |
| 7.2 | 8.3 | 10.1 | 13.1 | |
| – | +14.5% | +21.7% | +29.9% | |
| 0.87 | 1.00 | 1.22 | 1.58 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 16.6 | 16.6 | 16.6 | 16.6 | |
| 27.2 | 35.8 | 45.9 | 58.9 | |
| 9.8 | 8.1 | 14.7 | 19.3 | |
| 33.8 | 35.8 | 42.6 | 58.7 | |
| 87.4 | 96.2 | 120 | 153 | |
| 21.9 | 21.4 | 21.7 | 23 | |
| 0.1 | 0.1 | 0.5 | 2.6 | |
| – | 0.2 | 0.2 | 0 | |
| 2.2 | 1.5 | 2.5 | 3.8 | |
| 63.3 | 73 | 94.9 | 124 | |
| 87.4 | 96.2 | 120 | 153 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.2 | 2.4 | 4.9 | 5.9 | |
| −6.6 | −2.7 | −3.5 | −4.5 | |
| −1.8 | −0.5 | −0.5 | −0.6 | |
| −0.3 | −0.7 | 0.9 | 0.8 | |
| −6.6 | −2.5 | −3.2 | −4.5 | |
| 1.6 | −0 | 1.7 | 1.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.0% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.