Medico Remedies Limited

NSEI:MEDICO Stock Report

Market Cap: ₹4.8b

Medico Remedies Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Harshit Mehta

Chief executive officer

₹4.9m

Total compensation

CEO salary percentage100.0%
CEO tenure13yrs
CEO ownership0.8%
Management average tenure7.3yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

Investors Appear Satisfied With Medico Remedies Limited's (NSE:MEDICO) Prospects As Shares Rocket 27%

Nov 12
Investors Appear Satisfied With Medico Remedies Limited's (NSE:MEDICO) Prospects As Shares Rocket 27%

Medico Remedies Limited's (NSE:MEDICO) P/E Is Still On The Mark Following 25% Share Price Bounce

Sep 21
Medico Remedies Limited's (NSE:MEDICO) P/E Is Still On The Mark Following 25% Share Price Bounce

Medico Remedies Limited (NSE:MEDICO) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless

Mar 22
Medico Remedies Limited (NSE:MEDICO) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless

Here's Why We Think Medico Remedies (NSE:MEDICO) Is Well Worth Watching

Jun 22
Here's Why We Think Medico Remedies (NSE:MEDICO) Is Well Worth Watching

What You Can Learn From Medico Remedies Limited's (NSE:MEDICO) P/E After Its 27% Share Price Crash

Jun 26
What You Can Learn From Medico Remedies Limited's (NSE:MEDICO) P/E After Its 27% Share Price Crash

Estimating The Fair Value Of Medico Remedies Limited (NSE:MEDICO)

Jun 03
Estimating The Fair Value Of Medico Remedies Limited (NSE:MEDICO)

CEO Compensation Analysis

How has Harshit Mehta's remuneration changed compared to Medico Remedies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹77m

Jun 30 2024n/an/a

₹85m

Mar 31 2024₹5m₹5m

₹83m

Dec 31 2023n/an/a

₹70m

Sep 30 2023n/an/a

₹78m

Jun 30 2023n/an/a

₹82m

Mar 31 2023₹5m₹5m

₹72m

Dec 31 2022n/an/a

₹75m

Sep 30 2022n/an/a

₹63m

Jun 30 2022n/an/a

₹51m

Mar 31 2022₹5m₹5m

₹48m

Dec 31 2021n/an/a

₹33m

Sep 30 2021n/an/a

₹28m

Jun 30 2021n/an/a

₹19m

Mar 31 2021₹3m₹3m

₹26m

Dec 31 2020n/an/a

₹25m

Sep 30 2020n/an/a

₹25m

Jun 30 2020n/an/a

₹20m

Mar 31 2020₹2m₹2m

₹16m

Dec 31 2019n/an/a

₹18m

Sep 30 2019n/an/a

₹19m

Jun 30 2019n/an/a

₹17m

Mar 31 2019₹2m₹2m

₹16m

Compensation vs Market: Harshit's total compensation ($USD57.36K) is above average for companies of similar size in the Indian market ($USD42.22K).

Compensation vs Earnings: Harshit's compensation has been consistent with company performance over the past year.


CEO

Harshit Mehta (39 yo)

13yrs

Tenure

₹4,905,000

Compensation

Mr. Harshit Haresh Mehta has been Managing Director of Medico Remedies Limited since September 15, 2017 and serves its Marketing and Export head. He serves as Whole time Director Medico Remedies Limited. H...


Leadership Team

NamePositionTenureCompensationOwnership
Haresh Mehta
Chairman30.8yrs₹5.89m20.76%
₹ 989.3m
Harshit Mehta
MD, Marketing & Export Head and Director13yrs₹4.91m0.80%
₹ 38.3m
Rishit Mehta
Production of Technical & Quality Control Head and Whole-Time Director9.8yrs₹4.91m12.65%
₹ 602.9m
Rajesh Chawda
Chief Accountantno datano datano data
Hasan Bohra
Company Secretary & Compliance Officerless than a yearno datano data
Dayanand Mathapati
Executive Directorless than a yearno datano data
Nilesh Misal
Head of the Production Department - Generalno datano datano data
Akhilesh Singh
Head of Production Department (B-Lactum)no datano datano data

7.3yrs

Average Tenure

47yo

Average Age

Experienced Management: MEDICO's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Haresh Mehta
Chairman30.8yrs₹5.89m20.76%
₹ 989.3m
Harshit Mehta
MD, Marketing & Export Head and Director13yrs₹4.91m0.80%
₹ 38.3m
Rishit Mehta
Production of Technical & Quality Control Head and Whole-Time Director9.8yrs₹4.91m12.65%
₹ 602.9m
Dayanand Mathapati
Executive Directorless than a yearno datano data
Rita Mehta
Women Non-Executive Director25yrsno data8.23%
₹ 392.1m
Deepak Vekaria
Non-Executive Independent Director7.3yrs₹6.00kno data
Bharat Rathod
Non-Executive Independent Director7.3yrs₹6.00kno data
Deepesh Shah
Non-Executive Independent Director2.7yrs₹6.00k0.0042%
₹ 201.1k
Kunal Vora
Independent Directorless than a yearno datano data

7.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: MEDICO's board of directors are considered experienced (7.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 11:02
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Medico Remedies Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution