CORONAHealthcare

CORONA Remedies Limited

Pharmaceuticals · ISIN INE02ZQ01018 · BSE 544644 · NSE EQ · FV ₹10
Last price
₹2,170
+1.21%today
What this company does

CORONA Remedies Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹422 cr of revenue in its latest quarter (Q1 FY27) and kept 14.2% of sales as profit.

Their stated vision

is to be among the most appropriate balance of skills and experience.

In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Healthcare, on the 5 of 6 measures we could read for it. Each measure is ranked against the 116–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
55

At close. Not part of the score.

Profitability & returns88

How much profit it earns on the money it employs

Balance sheet52

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Valuation21

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 69%
No promoter shares pledged
Strong 32% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in CORONA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,170 +1.21%
latest close · 2026-09-17
52-wk low ₹2,01542 sessions so far52-wk high ₹2,292
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio55.2High
LowAverageHigh
P/B ratio17.77High
Below bookModerateHigh
EV / EBITDA34.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity32.2%Strong
WeakFairStrong ▸15%
Return on capital39.4%Strong
WeakFairStrong
Net margin14.2%Decent
ThinDecentStrong
EBITDA margin22.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.19Comfortable
LowModerateHigh ▸1
Interest cover30.9×Strong
RiskyOkayStrong ▸5×
Current ratio0.96Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹13,269 cr
Book value
₹122
EPS
₹9.83
latest quarter
Net debt
₹141 cr
owes more than its cash
Enterprise value
₹13,410 cr
EBITDA
₹385 cr
annualised
EBIT
₹332 cr
annualised
Operating margin
19.7%
Return on assets
20.0%
Earnings yield
1.81%
P/S
7.85
Sales / share
₹276.3
Tax rate
25.2%
Face value
₹10
Shares
6.1 cr
Working capital
₹-13 cr
Current assets
₹348 cr
Current liabilities
₹361 cr
Delivery %
46.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹317₹317, midpoint ₹317

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹422 cr
Other Income₹3 cr
Total Income₹426 cr
Cost of Materials₹33 cr
Purchases of Stock-in-Trade₹57 cr
Inventory Change (±)₹-12 cr
Employee Benefit Expense₹122 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹13 cr
Other Expenses₹130 cr
Total Expenses₹345 cr
Profit before Tax₹80 cr
Tax Expense₹20 cr
Share of JV / Associates₹1 L
Net Profit₹60 cr
Net margin on total income14.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹78 cr18.2%
Employee benefit expense₹122 cr28.7%
Finance costs₹3 cr0.6%
Depreciation & amortisation₹13 cr3.1%
Other expenses₹130 cr30.5%
Tax expense₹20 cr4.8%
Profit for the period₹60 cr14.1%
Total income ₹426 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue342 cr353 cr422 cr
Total income345 cr357 cr426 cr
Expenses270 cr303 cr345 cr
Profit before tax55 cr55 cr80 cr
Tax14 cr9 cr20 cr
Net profit (owners' share)41 cr45 cr60 cr
Net margin (owners' share, on revenue)12.1%12.8%14.2%
EPS (₹)6.757.419.83
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,205 cr
Shareholder equity
₹747 cr
parent shareholders
Total debt
₹143 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹113 cr
Investing
₹-41 cr
Financing
₹-74 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.46%
trailing 12 months
Dividend / share (TTM)
₹10
Last dividend
₹10
ex 19 Jun 2026
ActionDetailEx-date
Dividend₹10 / share19 Jun 2026
Who owns it · 2026-06-30
No pledge
Promoter
69.0%
FII / Foreign
3.6%
DII / Domestic
12.9%
Retail / others
14.5%
Smart-money activity
Insider trades
BoughtRanjanben Kirtisinh Parmar · Immediate Relative75 · ₹1.6 L5 Aug 26
BoughtRanjanben Kirtisinh Parmar · Immediate Relative90 · ₹1.9 L5 Aug 26
BoughtKirtisinh Manoharsinh Parmar · Immediate Relative43 · ₹89,5425 Aug 26
Bulk / block deals
short · NSE415 Sep 26
BoughtWHITEOAK CAPITAL MUTUAL FUND · NSE1.45 L @ ₹1,73017 Jun 26
BoughtTCW WHITE OAK EMERGING MARKETS EQUITY FUND · NSE1,920 @ ₹1,73017 Jun 26
Stake changes
BoughtInvesco Mutual Fund→ 5.06% · 2.89 L17 Jun 26
BoughtInvesco Mutual Fund→ 5.06% · 2.89 L17 Jun 26
SoldAnchor Partners→ 0.47% · 1.62 L17 Jun 26
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 24 named members
owning 69.0% between them · as of 2026-06-30
ANKURBHAI K MEHTA22.00%
NIRAV KIRTIKUMAR MEHTA22.00%
KIRTIKUMAR LAXMIDAS MEHTA20.00%
BRINDA ANKUR MEHTA2.00%
DIPABEN NIRAVKUMAR MEHTA2.00%
MINAXI KIRTIKUMAR MEHTA1.00%
Chandrika Jitendrakumar Vorano shares
Heti Darshan Kotharino shares
Business done with them
FY2026 · 1 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.1% of its ₹1,403 cr revenue.
KIRTIKUMAR LAXMIDAS MEHTA
Other payments to them · Commission
also owns 20.00% of the company
₹1 cr
company paid

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.