MEDICOHealthcare

Medico Remedies Limited

Pharmaceuticals · ISIN INE630Y01024 · BSE 540937 · NSE EQ · FV ₹2
Last price
₹19
-1.22%today
What this company does

Medico Remedies Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹69 cr of revenue in its latest quarter (Q1 FY27) and kept 3.6% of sales as profit.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 16–153 companies that reported it.

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

Price momentum
oversold
RSI (14)
23

At close. Not part of the score.

Profitability & returns53

How much profit it earns on the money it employs

Balance sheet44

How much it owes, and whether earnings cover the interest

Cash quality55

Whether reported profit actually arrives as cash

Growth & consistency73

Whether sales and profit have grown, and how steadily

Valuation60

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

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 81% vs last year
✓ Profit up 38% vs last year
✓ Promoters hold 61%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 3.6% net margin

What if I invest in MEDICO?

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 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. 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 We do not publish price targets or predict returns.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
₹19▼ -1.22%
latest close · 2026-11-04
52-wk low ₹1874 sessions so far52-wk high ₹51
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 ratio15.5Average
LowAverageHigh
P/B ratio2.04Moderate
Below bookModerateHigh
EV / EBITDA9.6Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.3%Fair
WeakFairStrong ▸15%
Return on capital19.8%Strong
WeakFairStrong
Net margin3.6%Thin
ThinDecentStrong
EBITDA margin6.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.25Comfortable
LowModerateHigh ▸1
Interest cover9.2×Strong
RiskyOkayStrong ▸5×
Current ratio1.66Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹154 cr
Book value
₹9
EPS
₹0.30
latest quarter
Net debt
₹17 cr
owes more than its cash
Enterprise value
₹171 cr
EBITDA
₹18 cr
annualised
EBIT
₹15 cr
annualised
Operating margin
5.4%
Return on assets
6.6%
Earnings yield
6.47%
P/S
0.55
Sales / share
₹33.5
Tax rate
24.6%
Face value
₹2
Shares
8.3 cr
Working capital
₹51 cr
Current assets
₹129 cr
Current liabilities
₹78 cr
Delivery %
68.7%
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 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹11 vs market price ₹19 — price is 64% above it
Safety cushion-63.6%(target ≥ +20%)
Models span ₹8–₹15, midpoint ₹11
Model ₹11
Price ₹19
Cheap sideExpensive side

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₹69 cr
Other Income₹1 cr
Total Income₹71 cr
Cost of Materials₹47 cr
Purchases of Stock-in-Trade₹1 cr
Inventory Change (±)₹7 cr
Employee Benefit Expense₹2 cr
Finance Costs₹40.6 L
Depreciation & Amortisation₹72.3 L
Other Expenses₹8 cr
Total Expenses₹67 cr
Profit before Tax₹3 cr
Tax Expense₹82.2 L
Net Profit₹3 cr
Net margin on total income3.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹56 cr79.0%
Employee benefit expense₹2 cr2.8%
Finance costs₹40.6 L0.6%
Depreciation & amortisation₹72.3 L1.0%
Other expenses₹8 cr11.9%
Tax expense₹82.2 L1.2%
Profit for the period₹3 cr3.6%
Total income ₹71 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue59 cr57 cr69 cr
Total income59 cr60 cr71 cr
Expenses56 cr51 cr67 cr
Profit before tax4 cr8 cr3 cr
Tax96 L2 cr82.2 L
Net profit (owners' share)3 cr6 cr3 cr
Net margin (owners' share, on revenue)4.9%10.3%3.6%
EPS (₹)0.350.710.30
YoY (latest quarter): total income +81.4% · net profit +38.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹153 cr
Shareholder equity
₹75 cr
parent shareholders
Total debt
₹19 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹64.3 L
Investing
₹-1 cr
Financing
₹-27 L
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
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.2/-16 Mar 2023
Bonus issue1:316 Nov 2021
Who owns it · 2026-09-30
No pledge
Promoter
61.4%
FII / Foreign
0.6%
DII / Domestic
0.0%
Retail / others
38.0%
Promoter stake down 12.0% over the last 12 quarters.
Smart-money activity
Insider trades
SoldHarshit H Mehta HUF · Promoters4.00 L · ₹2.0 cr24 Dec 24
SoldShweta Harshit Mehta · Promoter Group2.00 L · ₹97.0 L24 Dec 24
SoldHarshit H Mehta HUF · Promoters2.50 L · ₹1.2 cr24 Dec 24
Bulk / block deals
SoldSAVITRIBEN MAHENDRAKUMAR SHAH · NSE4.38 L @ ₹27.2225 Sep 26
BoughtL7 HITECH PRIVATE LIMITED · NSE4.30 L @ ₹48.324 Aug 26
SoldRG HUF · NSE42.57 L @ ₹33.9327 Mar 26
Stake changes
SoldHarshit Haresh Mehta · promoter→ 10.35% · 5.00 L25 Sep 25
SoldShweta Harshit Mehta · promoter→ 5.85% · 5.00 L25 Sep 25
SoldHaresh Kapurlal Mehta · promoter→ 20.22% · 3.50 L19 Jun 25
What shareholders were asked to approve
1 proposal passed only on promoter votes

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.

Yearly shareholder meeting · 22 Sep 2026
See the official result
1
Adoption of Financial Statements for the financial year ended 31st March, 2026 and Reports of the Board of Directors and Auditors of the Company thereon
Backed by 100% of shareholders other than promotersneeded 50%
1.68 L votes for, 13 against
2
Appointment of Mr. Haresh Kapurlal Mehta (DIN: 01080289) who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.68 L votes for, 63 against
3
Re-Appointment of Mr. Rishit Mehta (DIN: 07121224) as Whole time Director of the Company.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
1.82 L votes for, 63 against
4
Re-Appointment of Mr. Haresh Mehta (DIN: 01080289) as Chairman & Whole-Time Director of the Company.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
1.82 L votes for, 63 against
5
Increase in Remuneration Payable to Mr. Harshit Mehta (DIN: 05144280), Managing Director of the Company.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 53% of shareholders other than promotersneeded 75%
97,029 votes for, 84,597 against

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 — 8 named members
owning 61.4% between them · as of 2026-09-30
HARESH KAPURLAL MEHTA20.22%
MEHTA RISHIT HARESHBHAI12.65%
HARSHIT HARESH MEHTA10.39%
RITA H MEHTA8.05%
SHWETA HARSHIT MEHTA5.88%
PRIYAL RISHIT MEHTA4.19%
HARESH K MEHTA HUFno shares
HARSHIT H MEHTA HUFno 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.

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