About
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; anti-diabetics; syrups; and miscellaneous products, as well as diuretics, antireterovirals, and steroidal preparations. It also exports its products. The company was incorporated in 1994 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap331 Cr
P/E23.90
Div Yield0.00 %
Book Value₹9.10
52w High₹57.00
52w Low₹30.20
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 69.40 | 56.81 | 58.68 | 52.64 | 38.25 | 41.30 | 39.49 | 39.35 | 30.80 | 41.32 | 29.77 | 42.36 | 31.47 |
| Expenses | 66.10 | 49.66 | 54.35 | 49.91 | 35.43 | 34.64 | 36.38 | 36.94 | 27.98 | 36.67 | 27.04 | 39.29 | 29.01 |
| Operating Profit | 3.30 | 7.15 | 4.33 | 2.73 | 2.82 | 6.66 | 3.11 | 2.41 | 2.82 | 4.65 | 2.73 | 3.07 | 2.46 |
| OPM % | 4.76 | 12.59 | 7.38 | 5.19 | 7.37 | 16.13 | 7.88 | 6.12 | 9.16 | 11.25 | 9.17 | 7.25 | 7.82 |
| Other Income | 1.17 | 2.87 | 0.68 | 1.72 | 0.66 | 0.29 | 1.43 | 0.68 | 0.29 | 0.58 | 0.27 | 0.96 | 0.31 |
| Depreciation | 0.72 | 0.80 | 0.79 | 0.73 | 0.77 | 0.77 | 0.76 | 0.75 | 0.75 | 0.74 | 0.72 | 0.71 | 0.71 |
| Interest | 0.41 | 0.90 | 0.39 | 0.24 | 0.28 | 0.49 | 0.28 | 0.21 | 0.18 | 0.25 | 0.22 | 0.18 | 0.17 |
| Profit before tax | 3.34 | 8.32 | 3.83 | 3.48 | 2.43 | 5.69 | 3.50 | 2.13 | 2.18 | 4.24 | 2.06 | 3.14 | 1.89 |
| Tax % | 24.55 | 29.69 | 25.07 | 25.86 | 25.51 | 23.90 | 25.14 | 27.23 | 27.06 | 26.89 | 30.10 | 22.61 | 29.63 |
| Net Profit | 2.52 | 5.86 | 2.87 | 2.57 | 1.82 | 4.34 | 2.62 | 1.55 | 1.58 | 3.10 | 1.45 | 2.43 | 1.32 |
| EPS in Rs | 0.30 | 0.71 | 0.35 | 0.31 | 0.22 | 0.52 | 0.32 | 0.19 | 0.19 | 0.37 | 0.17 | 0.29 | 0.16 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 206.00 | 151.00 | 145.00 | 140.00 | 121.00 | 122.00 | 89.00 | 98.00 | 61.00 | 54.00 | 67.00 | 51.00 |
| Expenses | 189.00 | 136.00 | 132.00 | 131.00 | 114.00 | 117.00 | 86.00 | 95.00 | 58.00 | 50.00 | 63.00 | 48.00 |
| Operating Profit | 17.00 | 15.00 | 13.00 | 10.00 | 7.00 | 5.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 3.00 |
| OPM % | 8.00 | 10.00 | 9.00 | 7.00 | 6.00 | 4.30 | 3.20 | 2.80 | 6.00 | 7.00 | 5.00 | 6.00 |
| Other Income | 6.00 | 3.00 | 2.00 | 4.00 | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Interest | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 18.00 | 14.00 | 11.00 | 10.00 | 6.00 | 4.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Tax % | 27.00 | 25.00 | 27.00 | 28.00 | 26.00 | 30.00 | 26.00 | 28.00 | 35.00 | 4.00 | 40.00 | 28.00 |
| Net Profit | 13.00 | 10.00 | 8.00 | 7.00 | 5.00 | 3.00 | 2.00 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 |
| EPS in Rs | 1.58 | 1.22 | 1.00 | 0.87 | 0.58 | 0.31 | 0.20 | 0.19 | 0.15 | 0.25 | 0.35 | 0.25 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 2.00 | 2.00 |
| Reserves | 59.00 | 46.00 | 36.00 | 27.00 | 20.00 | 28.00 | 26.00 | 24.00 | 23.00 | 13.00 | 13.00 | 12.00 |
| Borrowings | 19.00 | 15.00 | 8.00 | 10.00 | 13.00 | 15.00 | 14.00 | 14.00 | 13.00 | 19.00 | 14.00 | 8.00 |
| Other Liabilities | 59.00 | 43.00 | 36.00 | 34.00 | 28.00 | 28.00 | 32.00 | 35.00 | 20.00 | 13.00 | 17.00 | 14.00 |
| Total Liabilities | 153.00 | 120.00 | 96.00 | 87.00 | 77.00 | 76.00 | 75.00 | 76.00 | 59.00 | 48.00 | 46.00 | 36.00 |
| Fixed Assets | 20.00 | 21.00 | 21.00 | 22.00 | 18.00 | 15.00 | 13.00 | 12.00 | 7.00 | 7.00 | 7.00 | 8.00 |
| CWIP | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.00 | 4.00 | 3.00 | 0.00 | 0.00 |
| Investments | 2.00 | 2.00 | 2.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| Other Assets | 129.00 | 96.00 | 73.00 | 64.00 | 59.00 | 59.00 | 60.00 | 63.00 | 48.00 | 39.00 | 38.00 | 27.00 |
| Total Assets | 153.00 | 120.00 | 96.00 | 87.00 | 77.00 | 76.00 | 75.00 | 76.00 | 59.00 | 48.00 | 46.00 | 36.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6.00 | 5.00 | 2.00 | 8.00 | 6.00 | -11.00 | 1.00 | 5.00 | 5.00 | -3.00 |
| Cash from Investing Activity | -5.00 | -3.00 | -3.00 | -7.00 | -2.00 | -17.00 | -3.00 | -4.00 | -5.00 | -3.00 |
| Cash from Financing Activity | -1.00 | -1.00 | 0.00 | -2.00 | -6.00 | 18.00 | 3.00 | -1.00 | -1.00 | 6.00 |
| Net Cash Flow | 1.00 | 1.00 | -1.00 | 0.00 | -2.00 | -10.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | 1.00 | 2.00 | 0.00 | 2.00 | 3.00 | -28.00 | -2.00 | 1.00 | 3.00 | -4.00 |
| CFO/OP % | 64.00 | 58.00 | 43.00 | 111.00 | 104.00 | -198.00 | 53.00 | 198.00 | 162.00 | -68.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 145.00 | 138.00 | 125.00 | 94.00 | 92.00 | 82.00 | 98.00 | 109.00 | 102.00 | 122.00 | 107.00 | 53.00 |
| Inventory Days | 72.00 | 90.00 | 54.00 | 69.00 | 76.00 | 58.00 | 99.00 | 74.00 | 125.00 | 96.00 | 63.00 | 76.00 |
| Days Payable | 119.00 | 117.00 | 105.00 | 108.00 | 113.00 | 100.00 | 143.00 | 149.00 | 147.00 | 112.00 | 106.00 | 122.00 |
| Cash Conversion Cycle | 98.00 | 111.00 | 75.00 | 54.00 | 54.00 | 39.00 | 54.00 | 33.00 | 80.00 | 105.00 | 64.00 | 6.00 |
| Working Capital Days | 87.00 | 90.00 | 74.00 | 54.00 | 52.00 | 50.00 | 61.00 | 49.00 | 88.00 | 110.00 | 53.00 | 21.00 |
| ROCE % | 23.00 | 21.00 | 21.00 | 21.00 | 15.00 | 10.00 | 8.00 | 8.00 | 9.00 | 10.00 | 11.00 | 10.00 |
Corporate Actions
5 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 29 Aug 2024 | — | — | — | Annual General Meeting |
| Other | 17 Aug 2023 | — | — | — | Annual General Meeting |
| Split | 16 Mar 2023 | 16 Mar 2023 | 10:2 | — | |
| Other | 13 Sep 2022 | — | — | — | Annual General Meeting |
| Bonus | 16 Nov 2021 | 17 Nov 2021 | 3:1 | — |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update4 Jun from crisil
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Rating update30 May 2025 from crisil
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Rating update18 Mar 2024 from crisil
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Rating update31 Jan 2023 from crisil