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Poly Medicure LimitedNSEI:POLYMED Stock Report

Market Cap ₹153.3b
Share Price
₹1.52k
₹1.58k
3.8% undervalued intrinsic discount
1Y-31.2%
7D9.3%
1D
Portfolio Value
View

Poly Medicure Limited

NSEI:POLYMED Stock Report

Market Cap: ₹153.3b

Poly Medicure (POLYMED) Stock Overview

Engages in the manufacture and sale of medical devices in India and internationally. More details

POLYMED fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Rewards

Risk Analysis

No risks detected for POLYMED from our risk checks.

POLYMED Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Poly Medicure Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Poly Medicure
Historical stock prices
Current Share Price₹1,510.90
52 Week High₹2,316.60
52 Week Low₹1,182.00
Beta0.055
1 Month Change0.80%
3 Month Change21.71%
1 Year Change-31.19%
3 Year Change32.12%
5 Year Change65.99%
Change since IPO4,107.90%

Recent News & Updates

Analysis Article May 26

Here's Why We Think Poly Medicure (NSE:POLYMED) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 10

Poly Medicure Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Poly Medicure Limited ( NSE:POLYMED ) last week reported its latest quarterly results, which makes it a good time for...

Recent updates

Analysis Article May 26

Here's Why We Think Poly Medicure (NSE:POLYMED) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 10

Poly Medicure Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Poly Medicure Limited ( NSE:POLYMED ) last week reported its latest quarterly results, which makes it a good time for...
Analysis Article Feb 07

What Poly Medicure Limited's (NSE:POLYMED) P/E Is Not Telling You

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 23x, you may consider Poly...
Analysis Article Jan 07

Poly Medicure (NSE:POLYMED) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 16

Investors Shouldn't Be Too Comfortable With Poly Medicure's (NSE:POLYMED) Earnings

Poly Medicure Limited ( NSE:POLYMED ) just reported some strong earnings, and the market reacted accordingly with a...
Analysis Article Oct 31

What Poly Medicure Limited's (NSE:POLYMED) P/E Is Not Telling You

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 27x, you may consider Poly...
Analysis Article Sep 19

Increases to Poly Medicure Limited's (NSE:POLYMED) CEO Compensation Might Cool off for now

Key Insights Poly Medicure to hold its Annual General Meeting on 25th of September Salary of ₹64.2m is part of CEO...
Analysis Article Sep 06

Poly Medicure (NSE:POLYMED) Will Pay A Larger Dividend Than Last Year At ₹3.50

The board of Poly Medicure Limited ( NSE:POLYMED ) has announced that it will be paying its dividend of ₹3.50 on the...
Analysis Article Sep 02

Investors Could Be Concerned With Poly Medicure's (NSE:POLYMED) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Aug 13

Poly Medicure Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

NSEI:POLYMED 1 Year Share Price vs Fair Value Explore Poly Medicure's Fair Values from the Community and select yours...
Analysis Article Jul 17

Should You Be Adding Poly Medicure (NSE:POLYMED) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jun 17

We Think Poly Medicure (NSE:POLYMED) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 29

Poly Medicure (NSE:POLYMED) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article May 14

Poly Medicure's (NSE:POLYMED) Earnings Are Weaker Than They Seem

Poly Medicure Limited's ( NSE:POLYMED ) robust earnings report didn't manage to move the market for its stock. Our...
Analysis Article May 06

Market Participants Recognise Poly Medicure Limited's (NSE:POLYMED) Revenues Pushing Shares 25% Higher

Poly Medicure Limited ( NSE:POLYMED ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 13

Is Now The Time To Put Poly Medicure (NSE:POLYMED) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Feb 22

Some Shareholders Feeling Restless Over Poly Medicure Limited's (NSE:POLYMED) P/E Ratio

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 26x, you may consider Poly...
Analysis Article Feb 06

Poly Medicure Limited (NSE:POLYMED) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a good week for Poly Medicure Limited ( NSE:POLYMED ) shareholders, because the company has just released its...
Analysis Article Jan 28

Poly Medicure's (NSE:POLYMED) Returns On Capital Not Reflecting Well On The Business

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Dec 28

Does Poly Medicure (NSE:POLYMED) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 10

With EPS Growth And More, Poly Medicure (NSE:POLYMED) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Nov 02

Why Investors Shouldn't Be Surprised By Poly Medicure Limited's (NSE:POLYMED) 33% Share Price Surge

Despite an already strong run, Poly Medicure Limited ( NSE:POLYMED ) shares have been powering on, with a gain of 33...
Analysis Article Sep 20

Shareholders Will Probably Hold Off On Increasing Poly Medicure Limited's (NSE:POLYMED) CEO Compensation For The Time Being

Key Insights Poly Medicure's Annual General Meeting to take place on 26th of September CEO Himanshu Baid's total...
Analysis Article Sep 14

Poly Medicure (NSE:POLYMED) Will Pay A Dividend Of ₹3.00

Poly Medicure Limited ( NSE:POLYMED ) will pay a dividend of ₹3.00 on the 26th of October. This payment means the...
Analysis Article Sep 06

After Leaping 41% Poly Medicure Limited (NSE:POLYMED) Shares Are Not Flying Under The Radar

The Poly Medicure Limited ( NSE:POLYMED ) share price has done very well over the last month, posting an excellent gain...
Analysis Article Aug 14

Poly Medicure (NSE:POLYMED) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 27

Earnings Update: Here's Why Analysts Just Lifted Their Poly Medicure Limited (NSE:POLYMED) Price Target To ₹2,138

Poly Medicure Limited ( NSE:POLYMED ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Jul 11

Investors Still Waiting For A Pull Back In Poly Medicure Limited (NSE:POLYMED)

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 33x, you may consider Poly...
Analysis Article May 25

Poly Medicure's (NSE:POLYMED) Promising Earnings May Rest On Soft Foundations

Unsurprisingly, Poly Medicure Limited's ( NSE:POLYMED ) stock price was strong on the back of its healthy earnings...
Analysis Article May 12

Why You Should Care About Poly Medicure's (NSE:POLYMED) Strong Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Mar 23

Poly Medicure Limited's (NSE:POLYMED) Share Price Not Quite Adding Up

Poly Medicure Limited's ( NSE:POLYMED ) price-to-earnings (or "P/E") ratio of 60.1x might make it look like a strong...
Analysis Article Feb 15

Here's Why We Think Poly Medicure (NSE:POLYMED) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jan 16

Poly Medicure (NSE:POLYMED) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 14

Is Now The Time To Put Poly Medicure (NSE:POLYMED) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Oct 24

Poly Medicure (NSE:POLYMED) Has More To Do To Multiply In Value Going Forward

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Sep 22

Shareholders Will Probably Hold Off On Increasing Poly Medicure Limited's (NSE:POLYMED) CEO Compensation For The Time Being

Key Insights Poly Medicure will host its Annual General Meeting on 28th of September Salary of ₹55.1m is part of CEO...
Analysis Article Sep 08

Poly Medicure (NSE:POLYMED) Is Increasing Its Dividend To ₹3.00

The board of Poly Medicure Limited ( NSE:POLYMED ) has announced that it will be paying its dividend of ₹3.00 on the...
Analysis Article Aug 12

Here's Why Poly Medicure (NSE:POLYMED) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jul 13

Here's Why We Think Poly Medicure (NSE:POLYMED) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jun 16

Poly Medicure (NSE:POLYMED) Is Reinvesting At Lower Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Mar 02

Be Wary Of Poly Medicure (NSE:POLYMED) And Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Feb 14

We Think Poly Medicure (NSE:POLYMED) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

POLYMEDIN Medical EquipmentIN Market
7D9.3%7.5%2.8%
1Y-31.2%-35.7%-1.5%

Return vs Industry: POLYMED exceeded the Indian Medical Equipment industry which returned -35.3% over the past year.

Return vs Market: POLYMED underperformed the Indian Market which returned -2% over the past year.

Price Volatility

Is POLYMED's price volatile compared to industry and market?
POLYMED volatility
POLYMED Average Weekly Movement7.3%
Medical Equipment Industry Average Movement7.6%
Market Average Movement7.1%
10% most volatile stocks in IN Market10.2%
10% least volatile stocks in IN Market4.7%

Stable Share Price: POLYMED has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: POLYMED's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19953,082Himanshu Baidwww.polymedicure.com

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.

Poly Medicure Limited Fundamentals Summary

How do Poly Medicure's earnings and revenue compare to its market cap?
POLYMED fundamental statistics
Market cap₹153.30b
Earnings (TTM)₹3.22b
Revenue (TTM)₹18.75b
47.6x
P/E Ratio
8.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
POLYMED income statement (TTM)
Revenue₹18.75b
Cost of Revenue₹5.97b
Gross Profit₹12.78b
Other Expenses₹9.56b
Earnings₹3.22b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)31.78
Gross Margin68.17%
Net Profit Margin17.18%
Debt/Equity Ratio10.8%

How did POLYMED perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
11%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 11:15
End of Day Share Price 2026/06/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Poly Medicure Limited is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karan KhannaAmbit Capital
Rashmi Sancheti ShettyDolat Capital Market Pvt. Ltd.
Candice PereiraDolat Capital Market Pvt. Ltd.