Medicamen

Delhi, India Founded: 1993 • Age: 33 yrs Listed
Manufacturer of tablets, capsules, syrups, ointments and ORS

About Medicamen

Medicamen is a publicly listed company based in Delhi (India) founded in 1993. Manufacturer of tablets, capsules, syrups, ointments and ORS. The company has 376 employees. Its Indian entity Medicamen Biotech Limited reported revenue of ₹201 Cr. Its focus areas include Biopharma Outsourcing, CDMO, Small Molecules & Peptides and Formulation. Similar companies include Akums, Jubilant Life Sciences and Nectar Lifesciences; 2 of its 3 listed similar companies have raised funding.

Company details

Medicamen was established in 1993 in Delhi, India, within the pharmaceuticals sector. Finished formulations are developed and produced across two plants, including dedicated blocks for Beta-lactam products, non-Beta-lactam items, Cephalosporin, oral liquids, ORS, iron-folic acid tablets, ointments, and lotions. An in-house RD unit is utilized to standardize various formulations for multiple indications.

  • Headquarters Delhi, India
  • Employees 376
  • Stage Public
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
    ••••••••
  • Website medicamen.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Medicamen Biotech Limited
Key Metrics
  • Market Cap
    ₹370 Cr

    MEDICAMEQ · NSE

  • Share Price
    ₹262.60

    -0.21% today

  • Revenue
    ₹198 Cr

    FY 2025-26 · +21.7% YoY

  • EBITDA
    ₹19.59 Cr

    Margin 9.9%

  • Net Profit
    ₹9.63 Cr

    FY 2025-26 · +35.6% YoY

  • P/E (TTM)
    34.0x

    P/B 1.3x

  • Employee Count
    376

Board of directors of Medicamen Biotech Limited (Medicamen)

Medicamen Biotech Limited is the primary company behind Medicamen. The boards of the 2 registered companies of Medicamen currently have 12 directors; the longest-serving is Ashwani Kumar Sharma, appointed in 2015. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashwani Kumar Sharma
DIN 00325634
Whole-time director31 Dec 201510 yrs 10 moMedicamen Biotech Limited
Suresh Kumar Singh
DIN 00318015
Director31 Dec 201510 yrs 10 moMedicamen Biotech Limited
Rahul Bishnoi
DIN 00317960
Director31 Dec 201510 yrs 10 moMedicamen Biotech Limited
Sanjay Bansal
DIN 00121667
Director27 Feb 201610 yrs 8 moMedicamen Biotech Limited
Sumita Dwivedi
DIN 08218640
Director13 Nov 20187 yrs 11 moMedicamen Biotech Limited
Vimal Kumar Shrawat
DIN 08274190
Director11 Feb 20197 yrs 8 moMedicamen Biotech Limited
Sangeeta Bishnoi
DIN 08288998
Director11 Feb 20197 yrs 8 moMedicamen Biotech Limited
Ravi Kumar Bansal
DIN 08462513
Director30 May 20197 yrs 5 moMedicamen Biotech Limited
Ramit Madan
DIN 08071919
Designated Partner29 May 20215 yrs 5 moGtonic Lifesciences Limited Liability Partnership
Gautam Madan
DIN 09172459
Designated Partner29 May 20215 yrs 5 moGtonic Lifesciences Limited Liability Partnership
Shaival Saurabh
DIN 01971944
Director12 Aug 20251 yr 2 moMedicamen Biotech Limited
Sham Goel
DIN 02183287
Director12 Aug 20251 yr 2 moMedicamen Biotech Limited

IPO & Listings of Medicamen

Medicamen is a publicly listed company on the NSE with ticker symbol MEDICAMEQ in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date27 Oct 2021
  • Listed onNSE: MEDICAMEQ
  • Listed entityMedicamen Biotech Limited
  • Exchange sectorHealth technology
  • ISININE646B01010
  • Share price₹295.85 (-0.9% on the day) · 2026-10-14
  • Market capitalisation₹403 Cr
  • Price to earnings36.1
  • EPS (diluted, trailing year)₹8.19
  • Dividend yield0.34%
  • Volume (last session)5,873

Financials of Medicamen

Exchange-reported figures of Medicamen Biotech Limited, the listed company behind Medicamen (NSE: MEDICAMEQ).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹198 Cr
+21.7% YoY
EBITDA
₹19.59 Cr
+35.9% YoY
Profit After Tax
₹9.63 Cr
+35.6% YoY
Net Worth
₹276 Cr
+29.3% YoY
Total Assets
₹327 Cr
+31.4% YoY
Total Debt
₹49.20 Cr
+45.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue198163179141115113126
Revenue growth+21.7%-9.4%+27.3%+22.0%+2.4%-10.2%-
EBITDA19.5914.4223.5124.3524.1019.6919.46
EBITDA margin+9.9%+8.9%+13.1%+17.3%+20.9%+17.5%+15.5%
Profit before tax11.989.8713.0817.0518.1116.4117.97
Net profit9.637.1010.9414.8614.9112.1413.32
Net profit margin+4.9%+4.4%+6.1%+10.6%+12.9%+10.8%+10.6%
EPS (₹)7.225.598.6011.7312.199.9310.88
Balance sheet
Total assets327249240221174153134
Net worth276213207193146133121
Total debt49.2033.7731.1125.7125.8018.8211.47
Cash & bank31.263.7614.7920.783.823.893.09
Net working capital17911610510671.0655.1756.76
Cash flow
Cash from operations(33.17)(8.16)(6.74)(6.29)4.1112.7712.80
Cash from investing(3.04)(1.40)(5.56)(5.88)(8.47)(17.81)(37.29)
Cash from financing63.72(1.47)6.3129.134.305.8419.06
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue47.9060.6546.9147.1743.0429.6145.1444.74
Revenue growth (YoY)+11.3%+104.8%+3.9%+5.4%-0.0%---
Other income0.861.740.530.370.475.230.140.29
EBITDA4.335.444.385.164.61(1.61)6.705.31
EBITDA margin+9.0%+9.0%+9.3%+10.9%+10.7%-5.4%+14.8%+11.9%
Depreciation1.791.731.831.861.800.482.212.61
Interest0.830.380.970.991.150.650.761.04
Profit before tax2.575.072.112.682.132.493.871.95
Tax0.730.610.470.570.530.630.961.05
Net profit1.844.461.642.111.601.862.910.90
EPS (₹)1.363.281.211.561.181.472.300.71
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue179151172138115110117
Revenue growth+18.1%-12.1%+25.0%+19.4%+4.8%-6.1%-
EBITDA18.2917.1027.2424.6124.1220.0318.12
EBITDA margin+10.2%+11.3%+15.8%+17.9%+20.9%+18.2%+15.4%
Profit before tax11.5512.7716.8817.3318.1316.7516.60
Net profit9.419.4413.2915.0114.9312.4812.29
Net profit margin+5.3%+6.2%+7.7%+10.9%+12.9%+11.3%+10.5%
EPS (₹)6.947.4310.4611.8612.2010.2210.03
Balance sheet
Total assets320247241221175154135
Net worth280218209194148134122
Total debt37.8527.4129.8125.7125.8018.8211.47
Cash & bank31.083.5814.6220.443.813.082.23
Net working capital16510898.9410270.5754.5655.95
Cash flow
Cash from operations(29.26)(2.63)(0.25)(3.50)4.8112.9811.71
Cash from investing(2.85)(1.72)(8.71)(7.54)(8.47)(17.81)(39.35)
Cash from financing59.61(6.68)3.1427.674.395.6821.36
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue43.8554.6843.4942.2338.4526.0041.1442.84
Revenue growth (YoY)+14.0%+110.3%+5.7%-1.4%-7.3%---
Other income0.861.730.530.370.475.220.140.29
Total expenses39.0750.5538.4137.1834.4127.0934.9036.30
EBITDA4.784.135.085.054.04(1.09)6.246.54
EBITDA margin+10.9%+7.6%+11.7%+12.0%+10.5%-4.2%+15.2%+15.3%
Depreciation1.741.731.751.811.770.472.172.57
Interest0.640.600.780.840.560.620.731.01
Profit before tax3.263.533.082.772.183.043.483.25
Tax0.730.550.480.560.530.630.960.98

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue47.9060.6546.9147.1743.0429.6145.1444.74
Revenue growth (YoY)+11.3%+104.8%+3.9%+5.4%-0.0%---
Other income0.861.740.530.370.475.230.140.29
EBITDA4.335.444.385.164.61(1.61)6.705.31
EBITDA margin+9.0%+9.0%+9.3%+10.9%+10.7%-5.4%+14.8%+11.9%
Depreciation1.791.731.831.861.800.482.212.61
Interest0.830.380.970.991.150.650.761.04
Profit before tax2.575.072.112.682.132.493.871.95
Tax0.730.610.470.570.530.630.961.05
Net profit1.844.461.642.111.601.862.910.90
EPS (₹)1.363.281.211.561.181.472.300.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue198163179141115113126
Revenue growth+21.7%-9.4%+27.3%+22.0%+2.4%-10.2%-
Other income3.116.242.332.461.720.751.94
Total expenses17814815611791.3593.03106
Employee cost0.0030.8729.0720.1514.509.009.52
EBITDA19.5914.4223.5124.3524.1019.6919.46
EBITDA margin+9.9%+8.9%+13.1%+17.3%+20.9%+17.5%+15.5%
Depreciation7.227.077.096.375.772.522.50
Interest3.503.725.673.391.941.510.93
Profit before tax11.989.8713.0817.0518.1116.4117.97
Tax2.193.323.582.323.204.274.69
Net profit9.637.1010.9414.8614.9112.1413.32
Net profit margin+4.9%+4.4%+6.1%+10.6%+12.9%+10.8%+10.6%
EPS (₹)7.225.598.6011.7312.199.9310.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.5612.7112.7112.6512.2212.2212.22
Reserves & surplus253200194178134121109
Shareholders' funds (net worth)276213207193146133121
Minority interest0.000.000.000.000.000.000.00
Secured loans46.4033.7731.1125.7125.8018.829.97
Unsecured loans2.800.000.000.000.000.001.50
Total debt49.2033.7731.1125.7125.8018.8211.47
Total liabilities327249240221174153134
Assets
Gross block14413913713012411657.74
Net block84.6687.1191.8592.6692.4889.6433.69
Capital work in progress0.000.000.000.000.000.0040.50
Investments0.000.000.000.000.000.000.00
Inventories70.0862.1459.3845.0627.015.2016.96
Sundry debtors81.8368.9055.2665.2663.2252.5549.96
Cash & bank balances31.263.7614.7920.783.823.893.09
Loans & advances40.5629.7630.1832.2728.9834.3934.12
Total current assets22416516016312396.03104
Total current liabilities44.8748.1254.7057.7351.9740.8647.37
Net working capital17911610510671.0655.1756.76
Total assets327249240221174153134
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.7614.7920.783.823.893.098.52
Net cash from operating activities(33.17)(8.16)(6.74)(6.29)4.1112.7712.80
Net cash from investing activities(3.04)(1.40)(5.56)(5.88)(8.47)(17.81)(37.29)
Net cash from financing activities63.72(1.47)6.3129.134.305.8419.06
Net change in cash27.50(11.03)(5.99)16.95(0.07)0.80(5.43)
Closing cash31.263.7614.7920.783.823.893.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+21.7%-9.4%+27.3%+22.0%+2.4%-10.2%-
EBITDA growth+35.9%-38.7%-3.5%+1.0%+22.4%+1.2%-
PBT growth+21.4%-24.5%-23.3%-5.9%+10.4%-8.7%+2.5%
Net income growth+35.6%-35.1%-26.4%-0.3%+22.8%-8.9%-
Revenue CAGR (3Y)+12.0%+12.1%+16.7%+3.9%-2.0%--
EBITDA CAGR (3Y)-7.0%-15.7%+6.1%+7.8%+11.3%--
Profitability & leverage
Net income margin+5.0%+4.0%+5.3%+10.5%+12.9%+10.8%+10.6%
Return on capital employed-+5.6%+8.1%+10.4%+12.3%+12.5%+16.2%
Return on net worth-+3.1%+4.7%+8.7%+10.7%+9.6%+12.8%
Debt / equity-0.150.140.150.160.120.11
Long-term debt / equity-0.010.010.020.040.030.01
Interest cover28.2950.6134.5318.8510.588.795.48
Efficiency & per share
Fixed asset turnover-1.181.341.110.961.302.41
Inventory turnover-2.683.433.917.1710.177.79
Debtors turnover-2.622.982.191.992.202.69
EPS (₹)7.225.598.6011.7312.199.9310.88
Dividend per share (₹)1.001.001.001.001.001.000.50
Book value per share (₹)0.00167.57162.79150.82119.89108.7899.22
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue43.8554.6843.4942.2338.4526.0041.1442.84
Revenue growth (YoY)+14.0%+110.3%+5.7%-1.4%-7.3%---
Other income0.861.730.530.370.475.220.140.29
Total expenses39.0750.5538.4137.1834.4127.0934.9036.30
EBITDA4.784.135.085.054.04(1.09)6.246.54
EBITDA margin+10.9%+7.6%+11.7%+12.0%+10.5%-4.2%+15.2%+15.3%
Depreciation1.741.731.751.811.770.472.172.57
Interest0.640.600.780.840.560.620.731.01
Profit before tax3.263.533.082.772.183.043.483.25
Tax0.730.550.480.560.530.630.960.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue179151172138115110117
Revenue growth+18.1%-12.1%+25.0%+19.4%+4.8%-6.1%-
Other income3.106.232.302.461.720.751.91
Total expenses16113414511391.3390.1299.22
Employee cost0.0021.5722.1218.5714.508.799.29
EBITDA18.2917.1027.2424.6124.1220.0318.12
EBITDA margin+10.2%+11.3%+15.8%+17.9%+20.9%+18.2%+15.4%
Depreciation7.066.967.016.355.772.522.50
Interest2.783.605.653.391.941.510.93
Profit before tax11.5512.7716.8817.3318.1316.7516.60
Tax2.143.333.592.333.204.274.35
Net profit9.419.4413.2915.0114.9312.4812.29
Net profit margin+5.3%+6.2%+7.7%+10.9%+12.9%+11.3%+10.5%
EPS (₹)6.947.4310.4611.8612.2010.2210.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.5612.7112.7112.6512.2212.2212.22
Reserves & surplus258205196180136122110
Shareholders' funds (net worth)280218209194148134122
Secured loans37.8527.4129.8125.7125.8018.829.97
Unsecured loans0.000.000.000.000.000.001.50
Total debt37.8527.4129.8125.7125.8018.8211.47
Total liabilities320247241221175154135
Assets
Gross block14213813613012411657.74
Net block83.8486.3191.1192.3692.4889.6433.69
Capital work in progress0.000.000.000.000.000.0040.50
Investments8.068.067.764.082.062.062.06
Inventories70.0862.1459.3345.0627.015.2016.96
Sundry debtors64.9158.6248.2960.2361.1849.7543.93
Cash & bank balances31.083.5814.6220.443.813.082.23
Loans & advances40.0529.1830.1432.2428.9834.3934.12
Total current assets20615415215812192.4297.24
Total current liabilities41.5745.9453.4455.6250.4137.8641.29
Net working capital16510898.9410270.5754.5655.95
Total assets320247241221175154135
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.5814.6220.443.813.082.238.52
Net cash from operating activities(29.26)(2.63)(0.25)(3.50)4.8112.9811.71
Net cash from investing activities(2.85)(1.72)(8.71)(7.54)(8.47)(17.81)(39.35)
Net cash from financing activities59.61(6.68)3.1427.674.395.6821.36
Net change in cash27.50(11.04)(5.82)16.630.730.85(6.29)
Closing cash31.083.5814.6220.443.813.082.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+18.1%-12.1%+25.0%+19.4%+4.8%-6.1%-
EBITDA growth+7.0%-37.2%+10.7%+2.0%+20.4%+10.5%-
PBT growth-9.6%-24.4%-2.6%-4.4%+8.2%+0.9%-5.3%
Net income growth-0.3%-29.0%-11.5%+0.5%+19.6%+1.6%-
Revenue CAGR (3Y)+9.1%+9.5%+16.1%+5.5%-2.0%-0.4%+12.5%
EBITDA CAGR (3Y)-9.4%-10.8%+10.8%+10.7%+11.4%+6.1%+16.1%
Profitability & leverage
Net income margin+5.3%+6.2%+7.7%+10.9%+12.9%+11.3%+10.4%
Return on capital employed-+6.7%+9.8%+10.5%+12.2%+12.6%+15.0%
Return on net worth-+4.4%+6.6%+8.8%+10.6%+9.7%+11.7%
Debt / equity-0.130.140.150.160.120.11
Long-term debt / equity-0.000.000.020.040.030.01
Interest cover24.7635.5027.9318.5710.578.625.95
Efficiency & per share
Fixed asset turnover-1.111.301.080.961.272.25
Inventory turnover-2.493.303.837.179.947.28
Debtors turnover-2.833.182.272.082.352.69
EPS (₹)6.947.4310.4611.8612.2010.2210.03
Dividend per share (₹)1.001.001.001.001.001.000.50
Book value per share (₹)0.00171.17164.54152.30121.18109.98100.25

Similar companies to Medicamen

Medicamen has 3 listed similar companies in our database, 2 of them funded. They include Akums, Jubilant Life Sciences and Nectar Lifesciences.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
akums.in2004Delhi, India$70M395
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neclife.com1995Chandigarh, India$46.85M175
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Web traffic of Medicamen

The website of Medicamen (medicamen.com) receives about 7.4K visits a month and ranks #7,331,578 among all websites worldwide, #6,976 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    7.4K

    ▲ 345.5% vs previous month

  • Global rank
    #7,331,578

    among all websites

  • Category rank
    #6,976

    Health · Biotechnology and Pharmaceuticals

Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as Medicamen (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.

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Developer of integrated contract research development and manufacturing services
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Frequently Asked Questions about Medicamen

Medicamen was founded in 1993.

Medicamen is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Medicamen has 376 employees.

The primary company behind Medicamen, Medicamen Biotech Limited, reported revenue of ₹201 Cr for FY 2026, up 22% year on year.

Medicamen was established in 1993 in Delhi, India, within the pharmaceuticals sector. Finished formulations are developed and produced across two plants, including dedicated blocks for Beta-lactam products, non-Beta-lactam items, Cephalosporin, oral liquids, ORS, iron-folic acid tablets, ointments, and lotions. An in-house RD unit is utilized to standardize various formulations for multiple indications.

Medicamen's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.

Yes, Medicamen is publicly traded on NSE under the ticker symbol MEDICAMEQ.

Medicamen is associated with 2 legal entities: Medicamen Biotech Limited, Gtonic Lifesciences Limited Liability Partnership.

The legal entities of Medicamen currently have 15 directors, including Ramit Madan, Gautam Madan, Vimal Kumar Shrawat and others.

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