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Poly Medicure Ltd

POLYMED

Poly Medicure Ltd

POLYMED
Health CareHealth Care Equipment & Supplies
SmallcapWith a market cap of ₹30,078 cr, stock is ranked 269
Moderate RiskStock is 2.93x as volatile as Nifty
2,912.201.12% (-32.85)
2,912.201.12% (-32.85)

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1W
1M
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SIP
Health CareHealth Care Equipment & Supplies
SmallcapWith a market cap of ₹30,078 cr, stock is ranked 269
Moderate RiskStock is 2.93x as volatile as Nifty

How to use scorecard? Learn more

Health CareHealth Care Equipment & Supplies
SmallcapWith a market cap of ₹30,078 cr, stock is ranked 269
Moderate RiskStock is 2.93x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
102.0020.460.10%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
51.536.560.52%

Forecast & Ratings

Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 6 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Poly Medicure Limited is engaged in the manufacturing and sale of medical devices.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 17.91%, vs industry avg of 16.6%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 52.79% to 44.23%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 31.6%, vs industry avg of -5.12%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue420.52468.95536.04630.50707.84808.20963.411,153.341,437.071,599.15
Raw Materialssubtract147.68119.62176.07165.66178.89214.22296.55345.37382.511,116.42
Power & Fuel Costsubtract15.2216.7819.0424.7425.6225.2729.8438.5944.29
Employee Costsubtract74.7787.2699.13116.61138.76141.76163.62202.75245.91
Selling & Administrative Expensessubtract39.2347.0845.2458.0561.0356.2066.9777.7895.63
Operating & Other expensessubtract47.6190.8058.98114.53116.82132.53151.07183.34246.97
Depreciation/Amortizationsubtract21.0323.7329.2437.2940.5347.5253.9557.1763.9372.91
Interest & Other Itemssubtract9.958.4911.5813.5320.4810.646.1610.8613.5613.09
Taxes & Other Itemssubtract16.7720.0626.1634.6729.8544.1848.7458.2186.01101.86
EPS5.476.258.007.4110.8614.7615.2818.6926.9130.72
DPS1.502.502.002.002.002.502.503.003.003.00
Payout ratio0.270.400.250.270.180.170.160.160.110.10

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 25PDF
Feb 4PDF
FY 2022

Annual report

PDF

Investor Presentation

May 24PDF
 

Peers & Comparison

Comparing 3 stocks from 
Health CareHealth Care Equipment & Supplies

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Poly Medicure Ltd116.4620.460.10%
Tarsons Products Ltd53.783.740.46%
Borosil Scientific Ltd69.454.35
PREVEST DENPRO LTD42.017.650.18%

Price Comparison

Compare POLYMED with any stock or ETF
Compare POLYMED with any stock or ETF
POLYMED
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Shareholdings

Promoter Holdings Trend

Increased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 9.41%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.97%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding62.56%7.35%4.98%11.87%13.24%

Mar 2024

Jun 2024

Aug 2024

Sep 2024

Shareholding History

SepDec '23MarJunAugSep14.49%14.10%12.38%9.91%11.10%11.87%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.05%

Top 5 Mutual Funds holding Poly Medicure Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Small Cap Fund - Growth - Direct Plan

Growth
2.8198%3.12%0.33%6/98 (+1)
UTI Flexi Cap Fund - Growth - Direct Plan

Growth
1.4619%1.67%0.25%44/69 (+2)
SBI Healthcare Opportunities Fund - Growth - Direct Plan

Growth
0.4626%4.02%-0.64%7/34 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Poly Medicure Ltd

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

POLYMED has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.10%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.96 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2024

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Sep 19, 2024

Cash Dividend

Ex DateEx DateSep 21, 2023

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Sep 21, 2023

Cash Dividend

Ex DateEx DateSep 16, 2022

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 16, 2022

Cash Dividend

Ex DateEx DateSep 16, 2021

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 16, 2021

Cash Dividend

Ex DateEx DateFeb 27, 2020

Interim
Interim | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Feb 27, 2020

News & Opinions
Spotlight
Poly Medicure Ltd leads losers in 'A' group

Adani Green Energy Ltd, DCM Shriram Ltd, Fortis Healthcare Ltd and Emami Ltd are among the other losers in the BSE's 'A' group today, 26 November 2024.Poly Medicure Ltd tumbled 7.27% to Rs 2784.4 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 21486 shares were traded on the counter so far as against the average daily volumes of 14968 shares in the past one month.Adani Green Energy Ltd lost 6.47% to Rs 905. The stock was the second biggest loser in 'A' group.On the BSE, 3.82 lakh shares were traded on the counter so far as against the average daily volumes of 2.73 lakh shares in the past one month.DCM Shriram Ltd crashed 5.49% to Rs 1159.95. The stock was the third biggest loser in 'A' group.On the BSE, 19312 shares were traded on the counter so far as against the average daily volumes of 15940 shares in the past one month.Fortis Healthcare Ltd plummeted 4.92% to Rs 666.25. The stock was the fourth biggest loser in 'A' group.On the BSE, 49929 shares were traded on the counter so far as against the average daily volumes of 46145 shares in the past one month.Emami Ltd corrected 4.27% to Rs 663.45. The stock was the fifth biggest loser in 'A' group.On the BSE, 18549 shares were traded on the counter so far as against the average daily volumes of 17507 shares in the past one month.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Poly Medicure corrects on profit selling

The stock soared 23.16% in the past three sessions, driven by strong Q2FY25 results announced on Tuesday (29 October 2024). On a consolidated basis, net profit of Poly Medicure rose 40.62% to Rs 87.45 crore on 24.53% increase in net sales to Rs 420.02 crore in Q2 September 2024 over Q2 September 2023. Profit before tax stood at Rs 117.98 crore in the Q1 FY25, up 45.7% YoY and up 19.83% QoQ. Operating profit margin (OPM) expanded to 27% in Q2 FY25, up from 25% in the same period last year. Poly Medicure manufactures disposable medical items, such as IV cannula, blood bags, blood collection tubes, and infusion and transfusion sets. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Poly Medicure consolidated net profit rises 40.62% in the September 2024 quarter

Net profit of Poly Medicure rose 40.62% to Rs 87.45 crore in the quarter ended September 2024 as against Rs 62.19 crore during the previous quarter ended September 2023. Sales rose 24.53% to Rs 420.02 crore in the quarter ended September 2024 as against Rs 337.29 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales420.02337.29 25 OPM %27.4624.97 - PBDT138.8496.94 43 PBT117.9880.95 46 NP87.4562.19 41 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Poly Medicure to announce Quarterly Result

Poly Medicure will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Volumes soar at Poly Medicure Ltd counter

Aptus Value Housing Finance India Ltd, J K Cements Ltd, Raymond Ltd, KSB Ltd are among the other stocks to see a surge in volumes on NSE today, 14 October 2024.Poly Medicure Ltd clocked volume of 5.74 lakh shares by 14:14 IST on NSE, a 9.61 times surge over two-week average daily volume of 59769 shares. The stock gained 2.60% to Rs.2,405.15. Volumes stood at 26617 shares in the last session.Aptus Value Housing Finance India Ltd registered volume of 158 lakh shares by 14:14 IST on NSE, a 7.68 fold spurt over two-week average daily volume of 20.59 lakh shares. The stock rose 8.41% to Rs.391.15. Volumes stood at 4.3 lakh shares in the last session.J K Cements Ltd recorded volume of 3.74 lakh shares by 14:14 IST on NSE, a 5.91 times surge over two-week average daily volume of 63179 shares. The stock gained 1.34% to Rs.4,295.75. Volumes stood at 54626 shares in the last session.Raymond Ltd saw volume of 12.09 lakh shares by 14:14 IST on NSE, a 4.45 fold spurt over two-week average daily volume of 2.72 lakh shares. The stock increased 4.71% to Rs.1,679.05. Volumes stood at 2.2 lakh shares in the last session.KSB Ltd notched up volume of 7.07 lakh shares by 14:14 IST on NSE, a 4.42 fold spurt over two-week average daily volume of 1.60 lakh shares. The stock rose 1.42% to Rs.918.90. Volumes stood at 1.34 lakh shares in the last session.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Poly Medicure Ltd leads losers in 'A' group

K E C International Ltd, TCI Express Ltd, Finolex Industries Ltd and Kalpataru Projects International Ltd are among the other losers in the BSE's 'A' group today, 20 September 2024.Poly Medicure Ltd lost 4.14% to Rs 2360.7 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2464 shares were traded on the counter so far as against the average daily volumes of 6162 shares in the past one month.K E C International Ltd crashed 4.06% to Rs 945.5. The stock was the second biggest loser in 'A' group.On the BSE, 39389 shares were traded on the counter so far as against the average daily volumes of 99746 shares in the past one month.TCI Express Ltd tumbled 3.38% to Rs 1098. The stock was the third biggest loser in 'A' group.On the BSE, 3957 shares were traded on the counter so far as against the average daily volumes of 3975 shares in the past one month.Finolex Industries Ltd dropped 3.25% to Rs 297.7. The stock was the fourth biggest loser in 'A' group.On the BSE, 29463 shares were traded on the counter so far as against the average daily volumes of 63086 shares in the past one month.Kalpataru Projects International Ltd shed 3.24% to Rs 1334.6. The stock was the fifth biggest loser in 'A' group.On the BSE, 7214 shares were traded on the counter so far as against the average daily volumes of 15645 shares in the past one month.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Poly Medicure schedules AGM

Poly Medicure announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Poly Medicure edges higher after raising Rs 1,000 crore via QIP issue

The company has allotted 53.19 equity shares to qualified institutional investors, the shares were priced at Rs 1,880 apiece, resulting in an issue size of approximately Rs 1,000 crore. The QIP garnered interest from a diverse range of investors, including long-only funds, mutual funds, insurance companies, and other key stakeholders. The QIP witnessed participation from various institutional investors, with the allottees receiving more than 5% of the total issue size. Lighthouse India Fund received 20% allocation from the total issue, followed by SBI Mutual Fund (13%) and Nomura Funds Ireland (10.50%), Further, ICICI Prudential Life Insurance Company, Kotak Mahindra Life Insurance Company, Quant Mutual Fund, Max Life Insurance Company received an allocation of 5% each. Poly Medicure intends to use the proceeds from the issue for funding capital expenditure to be incurred by the company for setting up of manufacturing facilities, pursuing inorganic initiatives; and general corporate purposes. Poly Medicure manufactures disposable medical items, such as IV cannula, blood bags, blood collection tubes, and infusion and transfusion sets. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Poly Medicure launches QIP issue

Poly Medicure has launched a qualified institutional placement of equity shares of face value of Rs 5 each with floor price of Rs 1880.6875 per equity share on 19 August 2024. Powered by Capital Market - Live

3 months agoCapital Market - Live
Expect Exports To Grow At 25% & Domestic Biz Growth Of 20-22%: Poly Medicure | CNBC TV18
4 months agoCNBC-TV18