About
Themis Medicare Limited, together with its subsidiaries, manufactures and sells pharmaceutical products in India and internationally. It offers active pharmaceutical ingredients (APIs) and formulations used in various therapeutic areas, including anti-tuberculosis, analgesic and anti-inflammatory, analgesic and antispasmodic, analgesics, anesthesia, antacid-antiflatulent, anti-fungal, antibiotic, anti-diabetic, anti-emetic, anti-hypertensive, anti-allergic and anti-inflammatory, anti-allergic and appetite stimulant, anticoagulant, antifibrolytic, antimalarial, anti-muscarinic, antioxidant, calcium, cardiovascular, corticosteroid, electrolytes, expectorant, hematinic, hemostatic agent, hemostatic agent with anesthetic, hormones, immunomodulator with anti-viral, muscle relaxant, narcotic analgesic, neuropathy, nutraceuticals, PPI, probiotic, reversal for muscle relaxant, sedatives, skeletal muscle relaxant, skeletal muscle relaxant and analgesic and anti-inflammatory, vasodilator, vasopressors, and vitamins. The company was formerly known as Themis Chemicals and changed its name to Themis Medicare Limited in 2001. Themis Medicare Limited was founded in 1952 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap1,112 Cr
P/E—
Div Yield0.42 %
Book Value₹43.30
52w High₹148.00
52w Low₹65.00
Face Value₹1.00
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 | 87.00 | 77.00 | 90.00 | 78.00 | 98.00 | 72.00 | 94.00 | 117.00 | 123.00 | 98.00 | 83.00 | 105.00 | 97.00 |
| Expenses | 139.00 | 73.00 | 80.00 | 81.00 | 108.00 | 79.00 | 88.00 | 100.00 | 94.00 | 89.00 | 74.00 | 92.00 | 75.00 |
| Operating Profit | -52.00 | 4.00 | 10.00 | -3.00 | -10.00 | -8.00 | 6.00 | 17.00 | 29.00 | 9.00 | 8.00 | 12.00 | 22.00 |
| OPM % | -60.00 | 4.90 | 11.00 | -4.00 | -10.00 | -11.00 | 6.00 | 15.00 | 24.00 | 10.00 | 10.00 | 12.00 | 22.00 |
| Other Income | 97.00 | 11.00 | 6.00 | 5.00 | 1.00 | 2.00 | 1.00 | 6.00 | 7.00 | 5.00 | 6.00 | 7.00 | 6.00 |
| Depreciation | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Interest | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 |
| Profit before tax | 39.00 | 9.00 | 10.00 | -3.00 | -14.00 | -11.00 | 2.00 | 18.00 | 31.00 | 9.00 | 8.00 | 14.00 | 23.00 |
| Tax % | 36.00 | 2.00 | 3.00 | 5.00 | 1.00 | -13.00 | 69.00 | 20.00 | 21.00 | 24.00 | 10.00 | 19.00 | 19.00 |
| Net Profit | 25.00 | 9.00 | 10.00 | -4.00 | -14.00 | -10.00 | 1.00 | 14.00 | 25.00 | 7.00 | 7.00 | 11.00 | 18.00 |
| EPS in Rs | 2.67 | 0.97 | 1.10 | -0.39 | -1.54 | -1.05 | 0.06 | 1.55 | 2.68 | 0.72 | 0.80 | 1.23 | 1.98 |
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 | 342.00 | 406.00 | 382.00 | 354.00 | 395.00 | 231.00 | 202.00 | 184.00 | 210.00 | 217.00 | 232.00 | 202.00 |
| Expenses | 342.00 | 356.00 | 330.00 | 287.00 | 299.00 | 181.00 | 166.00 | 181.00 | 184.00 | 184.00 | 194.00 | 184.00 |
| Operating Profit | 0.00 | 49.00 | 52.00 | 67.00 | 96.00 | 49.00 | 36.00 | 2.00 | 25.00 | 33.00 | 38.00 | 18.00 |
| OPM % | 0.10 | 12.00 | 13.00 | 19.00 | 24.00 | 21.00 | 18.00 | 1.20 | 12.00 | 15.00 | 16.00 | 9.00 |
| Other Income | 23.00 | 11.00 | 24.00 | 25.00 | 18.00 | 13.00 | 12.00 | 5.00 | 6.00 | 4.00 | 3.00 | 13.00 |
| Interest | 11.00 | 10.00 | 9.00 | 10.00 | 9.00 | 13.00 | 13.00 | 12.00 | 12.00 | 12.00 | 12.00 | 15.00 |
| Depreciation | 10.00 | 10.00 | 12.00 | 10.00 | 9.00 | 9.00 | 8.00 | 8.00 | 7.00 | 7.00 | 12.00 | 11.00 |
| Profit before tax | 2.00 | 40.00 | 53.00 | 73.00 | 95.00 | 41.00 | 27.00 | -13.00 | 11.00 | 18.00 | 17.00 | 5.00 |
| Tax % | 40.00 | 25.00 | 19.00 | 22.00 | 23.00 | 14.00 | 8.00 | -15.00 | 1.00 | 9.00 | 11.00 | -20.00 |
| Net Profit | 1.00 | 30.00 | 44.00 | 57.00 | 73.00 | 36.00 | 25.00 | -11.00 | 11.00 | 16.00 | 16.00 | 6.00 |
| EPS in Rs | 0.12 | 3.24 | 4.73 | 6.18 | 7.92 | 3.88 | 2.70 | -1.17 | 1.23 | 1.77 | 1.91 | 0.73 |
| Dividend Payout % | 404.00 | 15.00 | 11.00 | 8.00 | 6.00 | 11.00 | 6.00 | 0.00 | 0.00 | 0.00 | 9.00 | 25.00 |
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 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 |
| Reserves | 389.00 | 393.00 | 368.00 | 330.00 | 278.00 | 209.00 | 174.00 | 149.00 | 160.00 | 143.00 | 66.00 | 51.00 |
| Borrowings | 100.00 | 83.00 | 96.00 | 92.00 | 80.00 | 87.00 | 100.00 | 82.00 | 80.00 | 82.00 | 128.00 | 140.00 |
| Other Liabilities | 99.00 | 102.00 | 93.00 | 82.00 | 61.00 | 65.00 | 67.00 | 74.00 | 56.00 | 54.00 | 73.00 | 77.00 |
| Total Liabilities | 598.00 | 588.00 | 566.00 | 514.00 | 428.00 | 371.00 | 350.00 | 314.00 | 305.00 | 289.00 | 275.00 | 277.00 |
| Fixed Assets | 167.00 | 172.00 | 168.00 | 162.00 | 144.00 | 133.00 | 116.00 | 123.00 | 126.00 | 124.00 | 117.00 | 122.00 |
| CWIP | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 8.00 | 2.00 | 2.00 | 9.00 | 6.00 | 4.00 |
| Investments | 109.00 | 95.00 | 89.00 | 70.00 | 56.00 | 45.00 | 35.00 | 27.00 | 24.00 | 23.00 | 6.00 | 5.00 |
| Other Assets | 320.00 | 318.00 | 307.00 | 279.00 | 225.00 | 191.00 | 191.00 | 162.00 | 153.00 | 133.00 | 146.00 | 146.00 |
| Total Assets | 598.00 | 588.00 | 566.00 | 514.00 | 428.00 | 371.00 | 350.00 | 314.00 | 305.00 | 289.00 | 275.00 | 277.00 |
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 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3.00 | 35.00 | 22.00 | 16.00 | 34.00 | 57.00 | 0.00 | 11.00 | 8.00 | -2.00 | 26.00 | 19.00 |
| Cash from Investing Activity | -3.00 | -12.00 | -16.00 | -24.00 | -16.00 | -16.00 | -5.00 | -4.00 | 0.00 | -4.00 | -7.00 | -6.00 |
| Cash from Financing Activity | 4.00 | -26.00 | -9.00 | 0.00 | -18.00 | -26.00 | 7.00 | -10.00 | -9.00 | 5.00 | -13.00 | -18.00 |
| Net Cash Flow | -2.00 | -3.00 | -3.00 | -8.00 | 1.00 | 16.00 | 2.00 | -3.00 | -1.00 | 0.00 | 5.00 | -5.00 |
| Free Cash Flow | -8.00 | 21.00 | 4.00 | -13.00 | 15.00 | 39.00 | -5.00 | 5.00 | 5.00 | -7.00 | 18.00 | 13.00 |
| CFO/OP % | 782.00 | 93.00 | 60.00 | 48.00 | 55.00 | 115.00 | 2.00 | 490.00 | 29.00 | -5.00 | 73.00 | 101.00 |
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 | 190.00 | 159.00 | 170.00 | 149.00 | 93.00 | 123.00 | 186.00 | 145.00 | 120.00 | 81.00 | 75.00 | 82.00 |
| Inventory Days | 229.00 | 233.00 | 188.00 | 213.00 | 150.00 | 272.00 | 315.00 | 287.00 | 253.00 | 250.00 | 243.00 | 246.00 |
| Days Payable | 143.00 | 142.00 | 126.00 | 123.00 | 79.00 | 143.00 | 171.00 | 187.00 | 156.00 | 163.00 | 145.00 | 237.00 |
| Cash Conversion Cycle | 275.00 | 250.00 | 232.00 | 239.00 | 164.00 | 251.00 | 330.00 | 244.00 | 216.00 | 168.00 | 172.00 | 91.00 |
| Working Capital Days | 138.00 | 121.00 | 114.00 | 110.00 | 72.00 | 51.00 | 37.00 | -1.00 | 19.00 | -16.00 | -17.00 | -20.00 |
| ROCE % | 3.00 | 10.00 | 14.00 | 20.00 | 30.00 | 18.00 | 15.00 | -1.00 | 10.00 | 13.00 | 15.00 | 9.00 |
Corporate Actions
22 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 0.50 | |
| Dividend | 12 Jul 2024 | — | — | 0.50 | |
| Split | 10 Oct 2023 | 10 Oct 2023 | 10:1 | — | |
| Dividend | 01 Sep 2023 | — | — | 5.00 | |
| Dividend | 08 Sep 2022 | — | — | 5.00 | |
| Dividend | 08 Sep 2021 | — | — | 4.30 | |
| Dividend | 17 Sep 2020 | — | — | 1.75 | |
| Other | 19 Aug 2019 | — | — | — | Annual General Meeting |
| Other | 30 Aug 2018 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 06 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 21 Aug 2013 | — | — | — | Annual General Meeting |
| Dividend | 20 Jul 2011 | — | — | 3.00 | |
| Dividend | 16 Jun 2010 | — | — | 3.00 | |
| Other | 01 Dec 2009 | — | — | — | Annual General Meeting |
| Dividend | 01 Aug 2008 | — | — | 2.50 | NSE/BSE dividend mismatch: NSE=0.25; BSE=2.5 |
| Dividend | 01 Aug 2008 | — | — | 0.25 | NSE/BSE dividend mismatch: NSE=0.25; BSE=2.5 |
| Dividend | 14 Sep 2007 | — | — | 2.00 | NSE/BSE dividend mismatch: NSE=0.2; BSE=2.0 |
| Dividend | 14 Sep 2007 | — | — | 0.20 | NSE/BSE dividend mismatch: NSE=0.2; BSE=2.0 |
| Dividend | 16 Aug 2001 | — | — | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update8 Jun from smera
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Rating update21 Aug 2025 from smera
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Rating update12 Aug 2025 from care
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Rating update25 Jun 2025 from care
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Rating update22 Nov 2024 from care
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Rating update23 May 2024 from smera