CORONAHealthcare

CORONA Remedies Limited

Pharmaceuticals · ISIN INE02ZQ01018 · BSE 544644 · NSE EQ · FV ₹10
Last price
₹2,406
+5.91%today
What this company does

CORONA Remedies Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹441 cr of revenue in its latest quarter (Q2 FY27) and kept 13.7% of sales as profit.

Their stated vision

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

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Healthcare, on the 5 of 6 measures we could read for it. Each measure is ranked against the 118–153 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)
67

At close. Not part of the score.

Profitability & returns88

How much profit it earns on the money it employs

Balance sheet60

How much it owes, and whether earnings cover the interest

Cash quality49

Whether reported profit actually arrives as cash

Valuation19

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
✓ Sales up 22% vs last year
✓ Profit up 15% vs last year
✓ Promoters hold 69%
✓ No promoter shares pledged
✓ Strong 30% 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 We do not publish price targets or predict returns.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
₹2,406▲ +5.91%
latest close · 2026-11-04
52-wk low ₹1,94274 sessions so far52-wk high ₹2,458
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 ratio61.0High
LowAverageHigh
P/B ratio18.28High
Below bookModerateHigh
EV / EBITDA37.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity30.0%Strong
WeakFairStrong ▸15%
Return on capital36.5%Strong
WeakFairStrong
Net margin13.7%Decent
ThinDecentStrong
EBITDA margin22.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.12Comfortable
LowModerateHigh ▸1
Interest cover30.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.42Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹14,714 cr
Book value
₹132
EPS
₹9.86
latest quarter
Net debt
₹93 cr
owes more than its cash
Enterprise value
₹14,807 cr
EBITDA
₹394 cr
annualised
EBIT
₹333 cr
annualised
Operating margin
18.9%
Return on assets
19.3%
Earnings yield
1.64%
P/S
8.34
Sales / share
₹288.5
Tax rate
25.4%
Face value
₹10
Shares
6.1 cr
Working capital
₹141 cr
Current assets
₹474 cr
Current liabilities
₹333 cr
Delivery %
54.8%
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 2026-11-04.

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 ₹342–₹342, midpoint ₹342

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 · Q2 FY27 (consolidated)
Revenue from Operations₹441 cr
Other Income₹2 cr
Total Income₹444 cr
Cost of Materials₹35 cr
Purchases of Stock-in-Trade₹68 cr
Inventory Change (±)₹-23 cr
Employee Benefit Expense₹124 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹15 cr
Other Expenses₹140 cr
Total Expenses₹363 cr
Profit before Tax₹81 cr
Tax Expense₹20 cr
Share of JV / Associates₹13 L
Net Profit₹60 cr
Net margin on total income13.6%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹81 cr18.1%
Employee benefit expense₹124 cr28.0%
Finance costs₹3 cr0.6%
Depreciation & amortisation₹15 cr3.4%
Other expenses₹140 cr31.7%
Tax expense₹20 cr4.6%
Profit for the period₹60 cr13.6%
Total income ₹444 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue353 cr422 cr441 cr
Total income357 cr426 cr444 cr
Expenses303 cr345 cr363 cr
Profit before tax55 cr80 cr81 cr
Tax9 cr20 cr20 cr
Net profit (owners' share)45 cr60 cr60 cr
Net margin (owners' share, on revenue)12.8%14.2%13.7%
EPS (₹)7.419.839.86
YoY (latest quarter): total income +22.1% · net profit +15.3%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹1,247 cr
Shareholder equity
₹805 cr
parent shareholders
Total debt
₹95 cr
Cash
₹2 cr
Cash flow · H1 FY27
Operating
₹113 cr
Investing
₹3 cr
Financing
₹-116 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,770₹4.25 L cr53.3
Divi's Laboratories Limited₹10,064₹2.67 L cr74.1
Torrent Pharmaceuticals Limited₹4,650₹1.77 L cr82.7
Laurus Labs Limited₹2,323₹1.26 L cr71.1
Zydus Lifesciences Limited₹1,241₹1.24 L cr33.2
Dr. Reddy's Laboratories Limited₹1,368₹1.14 L cr30.8
Cipla Limited₹1,397₹1.13 L cr32.2
Mankind Pharma Limited₹2,475₹1.02 L cr35.9
Aurobindo Pharma Limited₹1,695₹97,502 cr23.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.42%
trailing 12 months
Dividend / share (TTM)
₹10
Last dividend
₹10
ex 19 Jun 2026
ActionDetailEx-date
Dividend₹10 / share19 Jun 2026
Who owns it · 2026-09-30
No pledge
Promoter
69.0%
FII / Foreign
4.2%
DII / Domestic
16.4%
Retail / others
10.3%
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
SoldAnchor Partners→ 0.32% · 92,76310 Sep 26
SoldSepia Investments Limited→ 8.62% · 24.85 L10 Sep 26
SoldSage Investment Trust→ 0.18% · 51,64110 Sep 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 2026-09-30
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.