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Poly Medicure share price

Poly Medicure Ltd.

NSE: POLYMED BSE: 531768 SECTOR: Medical Equipment/Supplies/Accessories  74k   482   65

1569.85
+2.30 (0.15%)
BSE: 18 Apr 04:01 PM

Price Summary

Today's High

₹ 1590.85

Today's Low

₹ 1536.25

52 Week High

₹ 1727

52 Week Low

₹ 921

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

15066.07 Cr.

Enterprise Value

15024.2 Cr.

No. of Shares

9.6 Cr.

P/E

63.12

P/B

10.87

Face Value

₹ 5

Div. Yield

0.19 %

Book Value (TTM)

₹  144.48

CASH

176.38 Cr.

DEBT

134.51 Cr.

Promoter Holding

53.15 %

EPS (TTM)

₹  24.87

Sales Growth

21.46%

ROE

15.52 %

ROCE

19.34%

Profit Growth

22.62 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year21.46%
3 Year18.24%
5 Year16%

Profit Growth

1 Year22.62%
3 Year24.68%
5 Year20.59%

ROE%

1 Year15.52%
3 Year16.22%
5 Year18.02%

ROCE %

1 Year19.34%
3 Year19.55%
5 Year21.24%

Debt/Equity

0.1092

Price to Cash Flow

77.32

Interest Cover Ratio

24.2322369260048

CFO/PAT (5 Yr. Avg.)

1.10497925608921

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 53.15 0
Dec 2023 53.16 0
Sep 2023 53.16 0
Jun 2023 53.31 0
Mar 2023 53.31 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 24.6780830376702% for the Past 3 years.
  • The company has shown a good revenue growth of 18.235682313019% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 24.2322369260048.
  • The Company has been maintaining an effective average operating margins of 24.9472817924686% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 32.0914160463215 days.
  • Company has a healthy liquidity position with current ratio of 2.48903730544296.
  • The company has a good cash flow management; CFO/PAT stands at 1.10497925608921.
  • The company has a high promoter holding of 53.15%.

 Limitations

  • The company is trading at a high PE of 63.12.
  • The company is trading at a high EV/EBITDA of 39.1091.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 271.74 293.31 305.56 319.9 320.86
Total Expenditure 203.42 211.64 220.46 237.3 236.46
Operating Profit 68.32 81.68 85.1 82.6 84.4
Other Income 14.35 8.66 13.17 12.79 16.57
Interest 4.73 2.22 2.36 2.1 3.35
Depreciation 13.62 14.71 15.04 15.33 15.53
Exceptional Items 0 0 0 0 0
Profit Before Tax 64.32 73.4 80.87 77.96 82.09
Tax 16.78 15.92 20.34 18.76 20.63
Profit After Tax 47.54 57.48 60.52 59.21 61.46
Adjusted EPS (Rs) 4.96 5.99 6.31 6.17 6.41

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 586.69 646.16 747.38 879.36 1068.05
Total Expenditure 452.71 483.92 537.03 665.47 801.67
Operating Profit 133.98 162.24 210.36 213.89 266.37
Other Income 16.05 18.58 19.29 38.73 36.29
Interest 13.18 19.76 9.95 5.36 10.19
Depreciation 36.36 39.28 46.31 52.54 55.64
Exceptional Items 0 0 0 0 0
Profit Before Tax 100.49 121.78 173.38 194.72 236.83
Tax 34.21 29.4 43.87 48.7 57.78
Net Profit 66.28 92.38 129.51 146.02 179.04
Adjusted EPS (Rs.) 7.51 10.47 13.51 15.23 18.66

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 44.12 44.12 47.94 47.95 47.97
Total Reserves 335.66 385.16 906.07 1029.02 1186.15
Borrowings 91.38 110.57 59.74 30.56 11.56
Other N/C liabilities 26.96 23.92 21.67 23.15 23.13
Current liabilities 162.44 208.27 195.54 203.27 326.81
Total Liabilities 660.56 772.05 1230.96 1333.96 1595.63
Assets
Net Block 268.54 324.16 384.97 447.46 597.43
Capital WIP 9.29 16.7 14.74 37.11 72.53
Intangible WIP 9.24 7.88 6.43 5.86 5.21
Investments 45.55 42.03 39.8 46.94 56.96
Loans & Advances 8.82 19.54 12.73 31.85 41.57
Other N/C Assets 10.39 36.33 55.06 23.75 8.49
Current Assets 308.73 325.4 717.23 740.99 813.45
Total Assets 660.56 772.05 1230.96 1333.96 1595.63
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 100.49 121.78 173.38 194.72 236.83
Adjustment 40.93 50.36 44.94 38.6 60.18
Changes in Assets & Liabilities -0.74 -9.66 -57.79 -60.19 -44.31
Tax Paid -27.49 -35.58 -44.14 -46.86 -57.84
Operating Cash Flow 113.19 126.91 116.4 126.26 194.86
Investing Cash Flow -104.27 -105.67 -434.41 -88.71 -187.22
Financing Cash Flow -9.69 -22.25 318.92 -39.71 -7.89
Net Cash Flow -0.77 -1.02 0.9 -2.16 -0.25

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 53.31 53.31 53.16 53.16 53.15
aaryaman baid 0.29 0.29 0.29 0.29 0.29
arham baid 0.29 0.29 0.29 0.29 0.29
dhruv baid 0.38 0.38 0.38 0.38 0.38
himanshu baid 8.24 8.24 8.24 8.24 8.24
himanshu baid (huf) - - - - 4.00
jai polypan pvt. ltd. 3.49 3.49 3.49 - 3.49
jugal kishore baid 2.38 2.38 2.38 2.38 2.38
madhu kothari 0.18 0.18 0.16 0.16 0.16
neha baid 1.07 1.07 1.07 1.07 1.07
polycure martech limited 0.01 0.01 0.01 0.01 0.01
rishi baid 10.31 10.31 10.18 - 10.18
rishi baid (huf) - - - - 2.90
shaily baid 1.24 1.24 1.24 1.24 1.24
shireen baid 1.17 1.17 1.17 - 1.17
smt.mukulika baid 3.19 3.19 3.19 - 3.19
vcb trading llp 3.69 3.69 3.69 3.69 3.69
vinay kothari 0.06 0.06 0.06 0.06 0.06
vishal baid 1.75 1.75 1.75 1.75 1.75
zetta matrix consulting l... 8.67 8.67 8.67 8.67 8.67
himanshu baid huf 4.00 4.00 4.00 4.00 -
jai polypan pvt . ltd . - - - 3.49 -
rishi baid - - - 10.18 -
rishi baid huf - - - 2.90 -
shireen baid - - - 1.17 -
smt. mukulika baid - - - 3.19 -
rishi baid huf 2.90 2.90 2.90 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 46.69 46.69 46.84 46.84 46.85
ezekiel global business s... 12.88 12.88 12.88 12.88 12.88
lighthouse india iii equi... 4.29 4.29 4.29 - 2.94
max life insurance co. lt... - - - - 1.12
nirmala vinodkumar daga - - - 2.18 2.18
quant mutual fund - quant... - - - - 2.12
shreans daga 1.22 1.58 1.58 1.53 1.53
smallcap world fund, inc 4.40 3.51 2.41 2.26 2.26
uti - healthcare fund 2.88 2.84 2.61 2.51 2.25
varun daga - 1.62 1.62 1.62 1.62
lighthouse india iii equi... - - - 4.29 -
quant mutual fund - quant... - - - 1.09 -
nilaykumar vinodkumar dag... 2.07 2.07 2.07 - -
matthews india fund 1.05 1.14 - - -
varun daga 1.62 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 27 May 2022
  • PresentationQ4FY21 26 May 2021
  • PresentationQ3FY21 8 Feb 2021

Company News

Poly Medicure - Quaterly Results31 Jan 2024, 11:59AM Poly Medicure - Quaterly Results31 Jan 2024, 11:59AM Poly Medicure - Quaterly Results31 Jan 2024, 11:59AM Poly Medicure - Quaterly Results4 Nov 2023, 1:47PM Poly Medicure - Quaterly Results4 Nov 2023, 1:47PM Poly Medicure - Quaterly Results4 Nov 2023, 1:47PM Poly Medicure - Quaterly Results7 Aug 2023, 12:10PM Poly Medicure - Quaterly Results7 Aug 2023, 12:10PM Poly Medicure - Quaterly Results7 Aug 2023, 12:10PM Poly Medicure - Quaterly Results9 May 2023, 12:57PM Poly Medicure - Quaterly Results9 May 2023, 12:57PM Poly Medicure - Quaterly Results9 May 2023, 12:57PM Poly Medicure - Quaterly Results28 Jan 2023, 12:39PM Poly Medicure - Quaterly Results28 Jan 2023, 12:39PM Poly Medicure - Quaterly Results28 Jan 2023, 12:39PM Poly Medicure informs about board meeting17 Jan 2023, 12:33PM Poly Medicure - Quaterly Results4 Nov 2022, 12:38PM Poly Medicure - Quaterly Results4 Nov 2022, 12:38PM Poly Medicure - Quaterly Results4 Nov 2022, 12:38PM Poly Medicure - Quaterly Results4 Aug 2022, 12:21PM Poly Medicure - Quaterly Results4 Aug 2022, 12:21PM Poly Medicure - Quaterly Results4 Aug 2022, 12:21PM Poly Medicure - Quaterly Results24 May 2022, 12:00PM Poly Medicure - Quaterly Results24 May 2022, 12:00PM Poly Medicure informs about disclosure30 Apr 2022, 10:02AM Poly Medicure informs about analyst meet11 Feb 2022, 4:21PM Poly Medicure - Quaterly Results31 Jan 2022, 12:31PM Poly Medicure - Quaterly Results31 Jan 2022, 12:31PM Poly Medicure - Quaterly Results1 Nov 2021, 12:53PM Poly Medicure informs about earnings call 29 Jul 2021, 4:09PM Poly Medicure informs about certificate22 Apr 2021, 4:11PM

Poly Medicure Stock Price Analysis and Quick Research Report. Is Poly Medicure an attractive stock to invest in?

 

The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment.

Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The structure of the healthcare delivery system in India consists of three broad segments: Primary care, Secondary care, and Tertiary care.

  • Primary care is the first point of contact between the population and the healthcare service providers. For example, Sub-center (SC), Primary Health Centre (PHC) and Community Health Centre (CHC) which is more relevant to rural areas (PHC’s).
  • Secondary care providers inpatient as well as outpatient medical services and includes simple surgical procedures. For example, District level & Mid-sized hospitals.
  • Tertiary care is the third level of the healthcare delivery system in the country. These hospitals are specialized consultative healthcare infrastructure. For example, Single specialty and Multi-specialty hospitals.

While healthcare services are offered by the public as well as private sectors, in urban as well as rural areas, generally people prefer private hospitals over public hospitals for treatment of diseases, illness, and sickness. So, let’s look into Poly Medicure and its performance over the period of time.

  • Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Its cash from the operating activity was Rs 194.8594 Cr.
     
  • Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Poly Medicure has a Debt to Equity ratio of 0.1092 , which is a strong indication for the company.
     
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Poly Medicure , the EPS growth was 22.5628698467743 % which is good for the company.
     
  • Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Poly Medicure has OPM of 24.9399978465327 % which is a good sign for profitability.
     
  • ROE: Poly Medicure have a average ROE of 15.5200575919101 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used for generating profits.
     
  • Share Price: - The current share price of Poly Medicure is Rs 1570.6. One can use valuation calculators of ticker to know if Poly Medicure share price is undervalued or overvalued.
Last Updated on:
Brief about Poly Medicure

Poly Medicure Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Poly Medicure Ltd. is a leading medical device company in India. In this article, we will provide a comprehensive analysis of the company's stock, including its share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall transcripts, investor presentations, promoters, and shareholders. Our website provides pre-built screening tools and premium features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. Additionally, we provide downloadable annual reports and quarterly results for investors to analyze.

Poly Medicure Ltd. Share Price

The share price of Poly Medicure Ltd. is an important factor to consider before investing. It reflects the market's perception of the company's performance. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions. Our pre-built screening tools can help investors analyze the stock price and its trend. Investors should analyze the trend of the share price over a period of time to make informed decisions.

Poly Medicure Ltd. Balance Sheet

The balance sheet of Poly Medicure Ltd. provides information on the company's assets, liabilities, and equity. It is important to analyze the balance sheet to understand the financial position of the company. Our premium features, such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, can help investors calculate the fair value of the company.

Poly Medicure Ltd. Annual Report

The annual report of Poly Medicure Ltd. provides a comprehensive overview of the company's performance over the year. It includes information on the company's financial statements, management discussion and analysis, and corporate governance. Investors can download the annual report from our website and analyze it to understand the company's performance.

Poly Medicure Ltd. Dividend

Poly Medicure Ltd. has a history of consistently paying dividends to its shareholders. Investors can analyze the company's dividend history to understand its dividend policy. It is important to analyze the dividend payout ratio to understand how much of the company's earnings are being distributed as dividends.

Poly Medicure Ltd. Quarterly Result

The quarterly results of Poly Medicure Ltd. provide information on the company's performance over the quarter. It includes information on the company's revenue, net profit, and earnings per share. Investors can download the quarterly results from our website and analyze them to understand the company's performance.

Poly Medicure Ltd. Stock Price

The stock price of Poly Medicure Ltd. is influenced by various factors such as market conditions, company performance, and news. Investors can analyze the stock price to understand the market's perception of the company's performance. Our pre-built screening tools can help investors analyze the stock price and its trend.

Poly Medicure Ltd. Price Chart

The price chart of Poly Medicure Ltd. provides a visual representation of the stock price trend over a period of time. Investors can analyze the price chart to understand the trend of the stock price. Our pre-built screening tools can help investors analyze the price chart and its trend.

Poly Medicure Ltd. News

News plays an important role in influencing the stock price of Poly Medicure Ltd. Investors can analyze the news related to the company to understand its impact on the stock price. Our pre-built screening tools can help investors analyze the news related to the company.

Poly Medicure Ltd. Concall Transcripts

The concall transcripts of Poly Medicure Ltd. provide information on the company's performance and management's outlook for the future. Investors can download the concall transcripts from our website and analyze them to understand the company's performance.

Poly Medicure Ltd. Investor Presentations

The investor presentations of Poly Medicure Ltd. provide information on the company's strategy, performance, and outlook for the future. Investors can download the investor presentations from our website and analyze them to understand the company's performance.

Poly Medicure Ltd. Promoters

The promoters of Poly Medicure Ltd. are the individuals or entities that hold a significant stake in the company. It is important to analyze the promoters to understand their track record and their influence on the company's performance.

Poly Medicure Ltd. Shareholders

The shareholders of Poly Medicure Ltd. are the individuals or entities that own a stake in the company. It is important to analyze the shareholders to understand their influence on the company's performance.

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