FISCHERHealthcare

Fischer Medical Ventures Limited

Medical Equipment & Supplies · ISIN INE771F01041 · BSE 524743 · NSE EQ · FV ₹1
Last price
₹33
-0.60%today
What this company does

Fischer Medical Ventures Limited operates in Medical Equipment & Supplies, part of the Healthcare sector. It booked ₹82 cr of revenue in its latest quarter (Q1 FY27) and kept 4.6% of sales as profit. It is the 3rd largest of 7 Medical Equipment & Supplies companies we track, by market value.

The Company is primarily engaged in the manufacture, distribution, other than leasing, and maintenance of medical equipment, including Magnetic Resonance Imaging (MRI) machines, cash) preventive diagnostic devices, and ancillary medical instruments.
In the report:
29out of 100
Equitytale Health Score
Fragile

Healthier than 29% of companies in Healthcare, on the 5 of 6 measures we could read for it. Each measure is ranked against the 33–150 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)
34

At close. Not part of the score.

Profitability & returns25

How much profit it earns on the money it employs

Balance sheet38

How much it owes, and whether earnings cover the interest

Cash quality1

Whether reported profit actually arrives as cash · lowest in its sector on what we could measure

Valuation18

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

Governance & risk76

How much of the promoters' stake is pledged, and how much they hold

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 249% vs last year
Promoters hold 63%
Watch-outs
! Thin 4.6% net margin
! Profit down 24% vs last year
! 6.8% of promoter stake pledged
! Low 3.9% return on equity
! Operating cash flow is negative

What if I invest in FISCHER?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹33 -0.60%
latest close · 2026-09-17
52-wk low ₹3342 sessions so far52-wk high ₹41
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 ratio138.8High
LowAverageHigh
P/B ratio5.65High
Below bookModerateHigh
EV / EBITDA44.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.9%Weak
WeakFairStrong ▸15%
Return on capital11.0%Fair
WeakFairStrong
Net margin4.6%Thin
ThinDecentStrong
EBITDA margin15.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.19Comfortable
LowModerateHigh ▸1
Interest cover3.2×Okay
RiskyOkayStrong ▸5×
Current ratio1.60Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,180 cr
Book value
₹6
EPS
₹0.06
latest quarter
Net debt
₹60 cr
owes more than its cash
Enterprise value
₹2,240 cr
EBITDA
₹51 cr
annualised
EBIT
₹46 cr
annualised
Operating margin
13.9%
Return on assets
2.3%
Earnings yield
0.72%
P/S
6.65
Sales / share
₹5.0
Tax rate
51.6%
Face value
₹1
Shares
65.5 cr
Working capital
₹156 cr
Current assets
₹414 cr
Current liabilities
₹258 cr
Delivery %
59.2%
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 2025 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 ₹2₹2, midpoint ₹2

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₹82 cr
Other Income₹1 cr
Total Income₹83 cr
Cost of Materials₹44 cr
Purchases of Stock-in-Trade₹22 cr
Inventory Change (±)₹-8 cr
Employee Benefit Expense₹5 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹1 cr
Other Expenses₹8 cr
Total Expenses₹76 cr
Profit before Tax₹8 cr
Tax Expense₹4 cr
Net Profit₹4 cr
Net margin on total income4.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹58 cr69.8%
Employee benefit expense₹5 cr5.4%
Finance costs₹4 cr4.2%
Depreciation & amortisation₹1 cr1.6%
Other expenses₹8 cr9.5%
Tax expense₹4 cr4.8%
Profit for the period₹4 cr4.5%
Total income ₹83 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue101 cr98 cr82 cr
Total income102 cr99 cr83 cr
Expenses81 cr101 cr76 cr
Profit before tax21 cr-2 cr8 cr
Tax2 cr5 cr4 cr
Net profit (owners' share)7.4 L-7 cr4 cr
Net margin (owners' share, on revenue)0.1%-7.3%4.6%
EPS (₹)0.30-0.110.06
YoY (latest quarter): total income +169.8% · net profit -24.3%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹672 cr
Shareholder equity
₹386 cr
parent shareholders
Total debt
₹72 cr
Cash
₹12 cr
Cash flow · H1 FY26
Operating
₹-69 cr
Investing
₹-99 cr
Financing
₹-40 cr
Peer comparison
Medical Equipment & Supplies · by market value
CompanyPriceMarket capP/E
Poly Medicure Limited₹1,713₹17,360 cr50.4
Molbio Diagnostics Limited₹1,285₹14,493 cr61.7
Fischer Medical Ventures Limitedthis company₹33₹2,180 cr138.8
Tarsons Products Limited₹308₹1,638 cr
Laxmi Dental Limited₹198₹1,089 cr26.5
Fabtech Technologies Limited₹147₹653 cr38.7
Nureca Limited₹332₹317 cr25.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.02%
trailing 12 months
Dividend / share (TTM)
₹0.01
Last dividend
₹0.01
ex 22 Sep 2025
ActionDetailEx-date
Dividend₹0.01 / share22 Sep 2025
Stock splitStock Split From Rs.10/- to Rs.1/-12 Sep 2025
Who owns it · 2026-08-21
6.8% pledged
Promoter
63.1%
FII / Foreign
5.6%
DII / Domestic
1.3%
Retail / others
30.1%
Promoter stake up 1.3% over the last 8 quarters.
Smart-money activity
Insider trades
BoughtFMV Holdings Pte Ltd · Promoter4.54 L · ₹1.1 cr17 Aug 26
BoughtFMV Holdings Pte Ltd · Promoter73.36 L · ₹17.2 cr14 Aug 26
BoughtShankar Varadharajan · Promoter60.00 L · ₹14.0 cr14 Aug 26
Stake changes
BoughtFMV Holdings Pte Ltd · promoter→ 50.78% · 4.54 L17 Aug 26
BoughtMr. Shankar Varadharajan · promoter→ 12.32% · 60.00 L14 Aug 26
BoughtFMV Holdings pte Ltd · promoter→ 50.74% · 73.36 L14 Aug 26
Promoter pledges
PledgedHDFC Bank Ltd3.00 cr · 0.00% held5 Feb 26
PledgedHDFC BANK LTD3.00 cr · 0.00% held5 Feb 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 30 Nov 2025
See the official result
1
Appointment of Mr. Chan Sing En as Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
45.14 L votes for, 1,011 against · 0% of mutual funds and other big investors said no
2
Appointment of Dr. Syed Jalaludin as the Independent Director
Backed by 100% of shareholders other than promotersneeded 75%
45.12 L votes for, 2,952 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

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 — 12 named members
owning 63.1% between them · as of 2026-08-21
FMV Holdings Pte Ltd50.78%
Shankar Varadharajan12.31%
EIGHT MERCATUS PTE. LTDno shares
EIGHT MIGHTY VENTURES PTE LTDno shares
EIGHT NDX VENTURES PTE LTDno shares
INFINITE DIAGNOSTICS PTE LTDno shares
KS Smart Technologies Ltdno shares
Mercatus Capital Pte Ltdno shares

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Mar 2026 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Mar 2026, so there is nothing to measure it against yet. Infomerics Valuation and Rating Limited watches the spending on the exchange’s behalf.

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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