NSE POLYMED · BSE 531768 · Medical Equipment & Supplies · NIFTY 500
Poly Medicure Share Price
Poly Medicure Overview
Where the price stands, how it has moved and how it sits against its averages.
Poly Medicure shares last traded at ₹1,716.00 on the NSE, down 0.63% on the day. That is 18.0% below the 52-week high of ₹2,093.95 and 44.9% above the 52-week low of ₹1,184.00. The stock trades at 54.28× earnings. Its market value is ₹17,295 Cr.
Price returns
Against the market: 1 Month ▲ +4.47% · 3 Months ▲ +7.61% · 6 Months ▲ +33.34% · This year ▲ +10.86% · 1 Year ▼ −2.99%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 3 of 6
- 20-day average₹1,727.70 ▼ price 0.7% below
- 50-day average₹1,725.65 ▼ price 0.6% below
- 10-day average₹1,719.34 ▼ price 0.2% below
- Today's price₹1,716.00
- 5-day average₹1,709.70 ▲ price 0.4% above
- 100-day average₹1,637.96 ▲ price 4.8% above
- 300-day average₹1,586.44 ▲ price 8.2% above
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
Poly Medicure Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹1,875 Cr | ▲ +12.3% | ₹322 Cr | 17.2% | ₹31.75 | ₹3.50 |
| FY 2025 | ₹1,670 Cr | ▲ +21.4% | ₹339 Cr | 20.3% | ₹34.11 | ₹3.50 |
| FY 2024 | ₹1,376 Cr | ▲ +23.4% | ₹258 Cr | 18.8% | ₹26.90 | ₹3.00 |
| FY 2023 | ₹1,115 Cr | ▲ +20.8% | ₹179 Cr | 16.1% | ₹18.67 | ₹3.00 |
| FY 2022 | ₹923 Cr | ▲ +17.4% | ₹147 Cr | 15.9% | ₹15.27 | ₹2.50 |
| FY 2021 | ₹786 Cr | ▲ +14.4% | ₹136 Cr | 17.3% | ₹15.24 | ₹2.50 |
| FY 2020 | ₹687 Cr | — | ₹96 Cr | 14.0% | ₹10.86 | ₹2.00 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹525 Cr | ▼ −1.7% | ₹86 Cr | 16.4% | ₹8.48 |
| Q4 FY26 | ₹535 Cr | ▲ +8.3% | ₹66 Cr | 12.4% | ₹6.53 |
| Q3 FY26 | ₹494 Cr | ▲ +11.2% | ₹71 Cr | 14.4% | ₹6.99 |
| Q2 FY26 | ₹444 Cr | ▲ +10.1% | ₹92 Cr | 20.7% | ₹9.06 |
| Q1 FY26 | ₹403 Cr | ▼ −8.5% | ₹93 Cr | 23.1% | ₹9.17 |
| Q4 FY25 | ₹441 Cr | ▲ +3.9% | ₹92 Cr | 20.8% | ₹8.89 |
| Q3 FY25 | ₹424 Cr | ▲ +1.0% | ₹85 Cr | 20.1% | ₹8.48 |
| Q2 FY25 | ₹420 Cr | — | ₹87 Cr | 20.8% | ₹9.01 |
Balance sheet — FY26
- Total assets₹3,919 Cr
- Total liabilities₹812 Cr
- Shareholders' equity₹3,106 Cr
- Total debt₹354 Cr
- Cash & investments₹863 Cr
- Current ratio3.37×
- Revenue growth, 5 yr18.98% a year
- EPS growth, 5 yr15.81% a year
- Operating margin (TTM)16.34%
- Net margin (TTM)15.67%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 687.24 | 786.47 | 923.06 | 1,115.23 | 1,375.80 | 1,669.83 | 1,875.26 |
| Cost of revenue | 285.64 | 361.74 | 463.06 | 547.91 | 648.61 | 706.95 | 816.40 |
| Gross profit | 401.59 | 424.73 | 460.00 | 567.32 | 727.19 | 962.89 | 1,058.86 |
| Operating expenses | 563.71 | 619.56 | 763.91 | 906.69 | 1,078.56 | 1,297.35 | 1,553.14 |
| Operating income | 123.53 | 166.91 | 159.15 | 208.54 | 297.23 | 372.48 | 322.12 |
| Depreciation | 40.47 | 47.44 | 53.87 | 57.12 | 63.91 | 83.18 | 115.52 |
| Profit before tax | 125.72 | 180.05 | 195.24 | 237.49 | 344.27 | 452.52 | 427.47 |
| Tax | 29.85 | 44.18 | 48.74 | 58.21 | 86.01 | 113.96 | 106.74 |
| Net profit | 95.88 | 135.87 | 146.51 | 179.28 | 258.26 | 338.56 | 322.14 |
| EPS (₹) | 10.86 | 15.24 | 15.27 | 18.67 | 26.90 | 34.11 | 31.75 |
| Dividend per share (₹) | 2.00 | 2.50 | 2.50 | 3.00 | 3.00 | 3.50 | 3.50 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 767.32 | 1,223.73 | 1,376.83 | 1,577.21 | 1,858.67 | 3,192.45 | 3,918.57 |
| Current assets | 317.79 | 705.78 | 783.44 | 807.01 | 841.63 | 1,917.00 | 1,941.73 |
| Cash & short-term investments | 40.97 | 374.27 | 351.67 | 301.29 | 292.33 | 1,210.22 | 863.05 |
| Inventory | 112.09 | 126.48 | 168.36 | 208.65 | 221.03 | 285.57 | 433.84 |
| Property, plant & equipment | 332.20 | 391.02 | 476.97 | 662.38 | 888.94 | 1,130.20 | 1,353.62 |
| Total liabilities | 332.50 | 258.16 | 289.35 | 335.58 | 388.62 | 426.79 | 812.39 |
| Current liabilities | 197.11 | 171.40 | 226.68 | 293.30 | 351.24 | 370.17 | 575.52 |
| Total debt | 206.62 | 137.43 | 126.71 | 149.02 | 174.15 | 180.25 | 353.58 |
| Total equity | 434.82 | 965.57 | 1,087.48 | 1,241.63 | 1,470.05 | 2,765.66 | 3,106.17 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 130.51 | 118.73 | 123.47 | 190.83 | 266.08 | 240.42 | 246.37 |
| From investing | −109.46 | −435.58 | −85.33 | −179.02 | −240.94 | −1,194.28 | −225.38 |
| From financing | −20.51 | 316.95 | −35.34 | −12.51 | −20.15 | 950.51 | 20.15 |
| Capital expenditure | −106.02 | −95.13 | −155.58 | −239.27 | −277.02 | −331.03 | −308.39 |
| Dividends paid | −42.47 | 0.00 | −23.92 | −23.97 | −28.74 | −30.34 | −35.43 |
| Net change in cash | 0.54 | 0.10 | 2.80 | −0.70 | 4.99 | −3.35 | 42.53 |
What Analysts Say
Recommendations from 5 analysts who cover Poly Medicure.
▲ 3 bullish (60.0%) · 2 hold (40.0%) · ▼ 0 bearish (0.0%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | — |
| Buy | 1 | 1 | 2 | 2 | 2 | ▲ +1 |
| Hold | 2 | 2 | 2 | 2 | 2 | — |
| Sell | 1 | 1 | 0 | 0 | 0 | ▼ −1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
Poly Medicure vs Peers
Side by side with other medical equipment & supplies companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| Poly Medicure | ₹1,716.00 | ▼ −0.63% | ₹17,295 Cr | 54.28 | 5.63 | 14.47% | 15.67% | 0.20% | This stock |
| Lenskart Solutions | ₹677.25 | ▼ −1.33% | ₹1,17,588 Cr | 181.00 | 10.67 | — | 5.68% | — | Bullish |
| Laxmi Dental | ₹197.95 | ▲ +1.18% | ₹1,093 Cr | 35.63 | 5.00 | — | 9.51% | — | Bearish |
| Mallcom (India) | ₹955.00 | ▼ −2.04% | ₹596 Cr | 21.91 | 2.07 | 16.94% | 5.57% | 0.28% | Bearish |
| One Global Service Provider | ₹533.95 | ▼ −1.42% | ₹1,035 Cr | 16.95 | 8.34 | 56.57% | 13.95% | — | Bearish |
| Hemant Surgical Industries | ₹618.10 | ▲ +0.50% | ₹899 Cr | 26.04 | 3.68 | 20.45% | 7.85% | — | Bullish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
Poly Medicure Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 5.60× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 109 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.20%
- Payout ratio11.01%
- 5-year average dividend₹3.10 a share
- Latest dividend₹3.50 per share · 28 Aug 2026
Corporate calendar
- MeetingAnnual General Meeting
- Dividend₹3.50 per share · 70% · Final dividend
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingAnnual General Meeting
- Dividend₹3.50 per share · 70% · Final dividend
Show 12 older events
- BoardQuarterly Results & Others
- MeetingPostal Ballot
- BoardAudited Results & Final Dividend
- BoardQuarterly Results & Others
- MeetingPostal Ballot
- BoardQuarterly Results & ESOP
- MeetingAnnual General Meeting
- Dividend₹3.00 per share · 60% · Final dividend
- MeetingPostal Ballot
- Dividend₹3.00 per share · 60% · Final dividend
- Dividend₹2.50 per share · 50% · Final dividend
- Dividend₹2.50 per share · 50% · Final dividend
About Poly Medicure
Medical Equipment & Supplies
Poly Medicure Limited is an India-based medical device manufacturer and exporter, with its products sold in over 125 countries. The Company is primarily in the business of manufacturing and selling medical devices. With a portfolio of over 200 medical devices and more than 330 patents, the Company offers a comprehensive range of medical devices across 12 medical therapies, including infusion therapy, vascular access, dialysis and renal care, critical care, cardiology, oncology, transfusion, diagnostics, gastroenterology, anesthesia and respiratory care, urology, and surgery and wound management. Its products consist of an I.V. cannula, arterial cannula, prefilled syringe, nasogastric feeding tube, gastro-duodenal feeding tube, umbilical catheter, irrigation sets, urine drainage catheters and others.
Key people
- Naresh VijayvargiyaChief Financial Officer
- Avinash ChandraCompliance Officer, Company Secretary
- Himanshu BaidManaging Director, Executive Director
- Rishi BaidJoint Managing Director, Executive Director
- Vishal BaidExecutive Director
- Pankaj Kumar GuptaExecutive Director
Company facts
- NSE symbolPOLYMED
- BSE code531768
- ISININE205C01021
- IndustryMedical Equipment & Supplies
- IndexNIFTY 500
- Market cap₹17,295 Cr
- Revenue (FY26)₹1,875 Cr
- Net profit (FY26)₹322 Cr
In the News
Recent headlines about Poly Medicure — they open on Mint in a new tab.
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11 Aug 2026 · 6 min read · Mint ↗ - Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 3 July 2026
Indian stock market indices, Sensex and Nifty 50, are set to open positively on Friday, influenced by Wall Street gains, despite Asian market weakness. The Nifty IT sector led a rally as broader markets maintained bullish sentiment, with significant buying in various sectors.
3 Jul 2026 · 7 min read · Mint ↗ - Top Gainers & Losers on June 4: Physicswallah, Anant Raj, Force Motors, Hitachi Energy, Voltas among top gainers
The Nifty 50 and Sensex closed 0.14% and 0.03% higher at 23,396 and 74,368, respectively. The broader market, however, outperformed the benchmark indices, with both the Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.43% and 0.52%, respectively.
4 Jun 2026 · 3 min read · Mint ↗ - Medtech exporter Poly Medicure bets on high-tech pivot and acquisitions to fend off macro headwinds
The medtech major expects its growth rate to more than double in FY27 as it pivots from low-cost consumables to high-value equipment to counter Chinese competition and rising input costs.
28 May 2026 · 3 min read · Mint ↗ - Raja Venkatraman, MarketSmith recommend five stocks for 25 May
The Indian stock market closed higher on 24 May, driven by gains in banking stocks despite inflation and crude oil concerns. Recommended stocks for purchase include Sheela Foam, Max Financial, Poly Medicure, Meesho, and Dynamatic Technologies as they show potential for recovery and growth.
25 May 2026 · 7 min read · Mint ↗ - Raja Venkatraman recommends three stocks for 25 May
Market expert Raja Venkatraman shares his top stock picks for 25 May. Here’s his technical outlook and trade strategy.
25 May 2026 · 6 min read · Mint ↗ - Top Gainers & Losers on May 14: NLC India, Cipla, Bharti Airtel, Vedanta, MCX, BSE, Berger Paints among top gainers
Indian equities rebounded on May 14, with benchmark indices rising over 1%, driven by strong buying in pharma and metal stocks. The Nifty Pharma index surged 2.73%, while the Nifty IT index fell nearly 2%. The rupee hit a record low but later recovered.
14 May 2026 · 2 min read · Mint ↗
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