- Valuation
- ₹29,240 Cr

About Polymedicure
Polymedicure is a publicly listed company based in Delhi (India) founded in 1995 by Himanshu Baid. Medical devices for oncology, dialysis, and respiratory care are manufactured. The company has 3,080 employees. Polymedicure has completed 2 acquisitions, including Citieffe and Plan 1 Health. Its website polymedicure.com draws about 22 thousand monthly visits. Its Indian entity Poly Medicure Limited reported revenue of βΉ2,001 Cr. Polymedicure offers products and services including Oncology Devices and Infusion Therapy Products. Its focus areas include Medical Supplies and Consumables and Diversified.
Company details
Polymedicure was founded in 1995 and is headquartered in Delhi, India. Operations are centered on the production of medical devices within the healthcare sector, including infusion therapy devices, blood management systems, and wound drainage equipment. These products support oncology, dialysis, and respiratory care applications. Manufacturing occurs in facilities equipped with advanced technology to meet quality standards.
Recognitions & Rankings of Polymedicure
- Headquarters Delhi, India
- Employees 3,080
- Founders Himanshu Baid
- Stage Public
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Website polymedicure.com
- Social LinkedIn X Facebook
- Legal Name Poly Medicure Limited
- Market Cap₹14,692 Cr
POLYMED · NSE
- Share Price₹1,486.90
+2.58% today
- Revenue₹1,875 Cr
FY 2025-26 · +12.3% YoY
- EBITDA₹439 Cr
Margin 23.4%
- Net Profit₹265 Cr
FY 2025-26 · -6.6% YoY
- P/E (TTM)45.9x
P/B 4.7x
- ROE9.0%
ROCE 12.4%
- Debt / Equity0.09
Interest cover 6.6x
- Latest Funding Round$119.23M (USD), Post-IPO
Aug 2024
- InvestorsUTI Mutual Fund
& 3 more
- Employee Count3,080
- Investments & AcquisitionsCitieffe
& 1 more
Associated legal entities of Polymedicure
Polymedicure operates through Poly Medicure Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Poly Medicure Limited Listed CIN L40300DL1995PLC066923 | Active | 30 Mar 1995 | New Delhi, Delhi | ₹2,001 Cr | 2,683 | 18 | View details |
Products & Services of Polymedicure
Polymedicure offers a comprehensive portfolio of products and services, including Oncology Devices and Infusion Therapy Products.
Specialized devices for chemotherapy are manufactured by Polymed to support treatment in oncology.
Products for IV therapy are provided by Polymed to enhance safety and convenience in healthcare settings.
Funding Insights of Polymedicure
- Total Rounds 2
- Last Round Post-IPO β $119.23M
- First Round $55M
(Feb 2021)
- Investors Count 4
All 2 funding rounds of Polymedicure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $119.23M | Post-IPO | β | β | β |
| Feb 2021 | $55M | Post-IPO | β | β |
4 investors in total: 4 institutional.
Investors in Polymedicure
Polymedicure has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include UTI Mutual Fund, Max Life Insurance and Abu Dhabi Investment Authority.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment funds for Indian startups are managed by Lighthouse. | lhfunds.com | Mumbai, India | ||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | utimf.com | Mumbai, India | |
Life insurance plans and policies are offered for protection. | 2000 | maxlifeinsurance.com | Gurugram, India | |
Long-term value is created through diversified sovereign wealth investments. | adia.ae | Abu Dhabi, United Arab Emirates |
Investor details for Polymedicure
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Poly Medicure Limited (Polymedicure)
Poly Medicure Limited is the primary company behind Polymedicure. The board of Poly Medicure Limited currently have 15 directors; the longest-serving is Himanshu Baid, appointed in 1995. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Himanshu Baid DIN 00014008 | Managing Director | 30 Mar 1995 | 31 yrs 7 mo | Poly Medicure Limited |
| Rishi Baid DIN 00048585 | Whole-time director | 30 Mar 1995 | 31 yrs 7 mo | Poly Medicure Limited |
| Jugal Kishore Baid DIN 00077347 | Director | 10 May 1995 | 31 yrs 5 mo | Poly Medicure Limited |
| Devendra Raj Mehta DIN 01067895 | Director | 26 May 2005 | 21 yrs 5 mo | Poly Medicure Limited |
| Mukulika Baid DIN 02900103 | Director | 30 Jul 2014 | 12 yrs 3 mo | Poly Medicure Limited |
| Avinash Chandra DIN 06554271 | Company Secretary | 01 May 2015 | 11 yrs 6 mo | Poly Medicure Limited |
| Sandeep Bhargava DIN 07736003 | Additional Director | 25 Feb 2017 | 9 yrs 8 mo | Poly Medicure Limited |
| Alessandro Balboni DIN 08119143 | Additional Director | 10 May 2018 | 8 yrs 5 mo | Poly Medicure Limited |
| Amit Khosla DIN 00203571 | Director | 05 Jun 2020 | 6 yrs 4 mo | Poly Medicure Limited |
| Sonal Mattoo DIN 00106795 | Director | 29 Aug 2020 | 6 yrs 2 mo | Poly Medicure Limited |
| Ambrish Mithal DIN 09618459 | Director | 04 Aug 2022 | 4 yrs 2 mo | Poly Medicure Limited |
| Vimal Bhandari DIN 00001318 | Director | 22 Jul 2024 | 2 yrs 3 mo | Poly Medicure Limited |
| Vishal Gupta DIN 00097939 | Director | 28 Oct 2024 | 2 yrs | Poly Medicure Limited |
| Vishal Baid DIN 00232727 | Director | 06 May 2025 | 1 yr 5 mo | Poly Medicure Limited |
| Pankaj Kumar Gupta DIN 11232604 | Whole-time director | 08 Aug 2025 | 1 yr 2 mo | Poly Medicure Limited |
People of Polymedicure
19 people are tracked at Polymedicure (4 in leadership, 10 in board & advisors, 5 in team); the tracked headcount is 3,080.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| Joint Managing Director | Leadership | |
Hitesh Sardana | Head Of Marketing | Leadership |
Arnab Basumallik | Vice President Renal Care And Government Affairs | Leadership |
| Director | Board & advisors | |
| Director | Board & advisors | |
Shailendra Raj Mehta | Director | Board & advisors |
| Chairman | Board & advisors | |
| Director | Board & advisors | |
| Director | Board & advisors | |
Prakash Chand Surana | Director | Board & advisors |
| Director | Board & advisors | |
| Director | Board & advisors | |
| Director | Board & advisors | |
Soumya Katiyar | HR | Team |
Dayashankar Sharma | R&d Manager | Team |
Vishu Srivastava | Quality Assurance Manager | Team |
Ankur Jaiswal | Deputy Project Manager | Team |
Arham Baid | Project Manager | Team |
Complete people profiles for Polymedicure
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Polymedicure
Polymedicure is a publicly listed company on the NSE with ticker symbol POLYMED 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 date07 Dec 2011
- Listed onNSE: POLYMED
- Listed entityPoly Medicure Limited
- Exchange sectorHealth technology
- ISININE205C01021
- Share price₹1,592.00 (-0.5% on the day) · 2026-10-14
- Market capitalisation₹16,208 Cr
- Price to earnings51.3
- EPS (diluted, trailing year)₹31.06
- Dividend yield0.21%
- Volume (last session)33,966
Financials of Polymedicure
Exchange-reported figures of Poly Medicure Limited, the listed company behind Polymedicure (NSE: POLYMED).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,875 | 1,670 | 1,376 | 1,115 | 923 | 786 | 687 |
| Revenue growth | +12.3% | +21.4% | +23.4% | +20.8% | +17.4% | +14.4% | - |
| EBITDA | 439 | 456 | 360 | 267 | 215 | 216 | 166 |
| EBITDA margin | +23.4% | +27.3% | +26.2% | +24.0% | +23.3% | +27.5% | +24.2% |
| Profit before tax | 427 | 453 | 344 | 237 | 195 | 180 | 126 |
| Net profit | 265 | 284 | 259 | 172 | 141 | 135 | 95.77 |
| Net profit margin | +14.1% | +17.0% | +18.8% | +15.4% | +15.2% | +17.2% | +13.9% |
| EPS (βΉ) | 31.78 | 33.41 | 26.91 | 18.69 | 15.28 | 14.17 | 10.86 |
| Balance sheet | |||||||
| Total assets | 3,581 | 2,959 | 1,654 | 1,399 | 1,222 | 1,111 | 648 |
| Net worth | 3,106 | 2,766 | 1,470 | 1,242 | 1,087 | 966 | 435 |
| Total debt | 354 | 180 | 174 | 149 | 127 | 137 | 207 |
| Cash & bank | 87.87 | 151 | 147 | 183 | 15.44 | 29.56 | 25.36 |
| Net working capital | 923 | 676 | 522 | 525 | 308 | 260 | 198 |
| Cash flow | |||||||
| Cash from operations | 246 | 233 | 266 | 191 | 123 | 119 | 131 |
| Cash from investing | (224) | (1,187) | (241) | (179) | (85.33) | (436) | (109) |
| Cash from financing | 20.15 | 951 | (20.15) | (12.51) | (35.34) | 317 | (20.51) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 525 | 535 | 494 | 444 | 403 | 441 | 424 | 420 |
| Revenue growth (YoY) | +30.3% | +21.3% | +16.4% | +5.7% | +4.8% | - | - | - |
| Other income | 34.96 | 19.47 | 27.95 | 34.91 | 43.44 | 26.58 | 23.52 | 26.85 |
| EBITDA | 125 | 110 | 104 | 115 | 106 | 119 | 115 | 115 |
| EBITDA margin | +23.8% | +20.7% | +21.1% | +25.8% | +26.2% | +27.1% | +27.0% | +27.4% |
| Depreciation | 36.25 | 38.23 | 28.76 | 24.93 | 23.26 | 21.03 | 21.51 | 20.71 |
| Interest | 6.50 | 6.41 | 5.96 | 2.97 | 2.95 | 2.17 | 3.33 | 3.34 |
| Profit before tax | 117 | 85.23 | 97.61 | 122 | 123 | 123 | 113 | 118 |
| Tax | 32.03 | 20.18 | 26.80 | 29.90 | 29.87 | 31.02 | 28.00 | 30.53 |
| Net profit | 85.28 | 65.05 | 70.81 | 91.79 | 93.07 | 91.82 | 85.22 | 87.46 |
| EPS (βΉ) | 8.48 | 6.53 | 6.99 | 9.06 | 9.17 | 8.92 | 8.48 | 9.01 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,662 | 1,602 | 1,307 | 1,068 | 879 | 747 | 646 |
| Revenue growth | +3.8% | +22.5% | +22.4% | +21.5% | +17.7% | +15.7% | - |
| EBITDA | 441 | 448 | 351 | 266 | 214 | 210 | 162 |
| EBITDA margin | +26.6% | +28.0% | +26.9% | +24.9% | +24.3% | +28.2% | +25.1% |
| Profit before tax | 448 | 443 | 335 | 237 | 195 | 173 | 122 |
| Net profit | 279 | 277 | 236 | 172 | 133 | 129 | 92.27 |
| Net profit margin | +16.8% | +17.3% | +18.1% | +16.1% | +15.1% | +17.2% | +14.3% |
| EPS (βΉ) | 33.15 | 32.70 | 26.23 | 18.66 | 15.23 | 13.51 | 10.47 |
| Balance sheet | |||||||
| Total assets | 3,321 | 2,927 | 1,631 | 1,378 | 1,194 | 1,087 | 629 |
| Net worth | 3,053 | 2,744 | 1,458 | 1,234 | 1,077 | 954 | 429 |
| Total debt | 252 | 172 | 164 | 137 | 111 | 126 | 194 |
| Cash & bank | 42.58 | 143 | 137 | 171 | 8.31 | 27.40 | 22.39 |
| Net working capital | 729 | 640 | 486 | 486 | 281 | 241 | 181 |
| Cash flow | |||||||
| Cash from operations | 245 | 230 | 256 | 197 | 126 | 116 | 127 |
| Cash from investing | (268) | (1,184) | (237) | (189) | (88.71) | (434) | (106) |
| Cash from financing | 28.03 | 953 | (17.32) | (7.89) | (39.71) | 319 | (22.25) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 431 | 443 | 419 | 417 | 384 | 421 | 411 | 402 |
| Revenue growth (YoY) | +12.3% | +5.2% | +1.9% | +3.5% | +4.5% | - | - | - |
| Other income | 28.65 | 15.12 | 29.55 | 33.72 | 41.52 | 23.95 | 21.75 | 27.24 |
| Total expenses | 310 | 322 | 313 | 305 | 283 | 305 | 295 | 290 |
| EBITDA | 121 | 121 | 105 | 111 | 101 | 116 | 115 | 113 |
| EBITDA margin | +28.0% | +27.3% | +25.2% | +26.7% | +26.4% | +27.6% | +28.1% | +28.0% |
| Depreciation | 26.47 | 25.51 | 25.06 | 24.15 | 22.84 | 21.33 | 20.69 | 19.97 |
| Interest | 4.38 | 3.89 | 3.94 | 2.78 | 2.81 | 2.17 | 3.13 | 3.13 |
| Profit before tax | 119 | 107 | 106 | 118 | 117 | 116 | 113 | 117 |
| Tax | 30.52 | 26.18 | 27.63 | 28.96 | 29.14 | 29.84 | 28.24 | 29.71 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 525 | 535 | 494 | 444 | 403 | 441 | 424 | 420 |
| Revenue growth (YoY) | +30.3% | +21.3% | +16.4% | +5.7% | +4.8% | - | - | - |
| Other income | 34.96 | 19.47 | 27.95 | 34.91 | 43.44 | 26.58 | 23.52 | 26.85 |
| EBITDA | 125 | 110 | 104 | 115 | 106 | 119 | 115 | 115 |
| EBITDA margin | +23.8% | +20.7% | +21.1% | +25.8% | +26.2% | +27.1% | +27.0% | +27.4% |
| Depreciation | 36.25 | 38.23 | 28.76 | 24.93 | 23.26 | 21.03 | 21.51 | 20.71 |
| Interest | 6.50 | 6.41 | 5.96 | 2.97 | 2.95 | 2.17 | 3.33 | 3.34 |
| Profit before tax | 117 | 85.23 | 97.61 | 122 | 123 | 123 | 113 | 118 |
| Tax | 32.03 | 20.18 | 26.80 | 29.90 | 29.87 | 31.02 | 28.00 | 30.53 |
| Net profit | 85.28 | 65.05 | 70.81 | 91.79 | 93.07 | 91.82 | 85.22 | 87.46 |
| EPS (βΉ) | 8.48 | 6.53 | 6.99 | 9.06 | 9.17 | 8.92 | 8.48 | 9.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,875 | 1,670 | 1,376 | 1,115 | 923 | 786 | 687 |
| Revenue growth | +12.3% | +21.4% | +23.4% | +20.8% | +17.4% | +14.4% | - |
| Other income | 126 | 94.31 | 61.27 | 38.11 | 40.35 | 21.73 | 20.60 |
| Total expenses | 1,437 | 1,214 | 1,016 | 848 | 708 | 570 | 521 |
| Employee cost | 402 | 302 | 246 | 203 | 164 | 142 | 139 |
| EBITDA | 439 | 456 | 360 | 267 | 215 | 216 | 166 |
| EBITDA margin | +23.4% | +27.3% | +26.2% | +24.0% | +23.3% | +27.5% | +24.2% |
| Depreciation | 116 | 83.18 | 63.44 | 57.17 | 53.95 | 47.52 | 40.53 |
| Interest | 21.42 | 14.32 | 13.56 | 10.86 | 6.16 | 10.64 | 20.48 |
| Profit before tax | 427 | 453 | 344 | 237 | 195 | 180 | 126 |
| Tax | 107 | 114 | 86.01 | 58.21 | 48.74 | 44.18 | 29.85 |
| Net profit | 265 | 284 | 259 | 172 | 141 | 135 | 95.77 |
| Net profit margin | +14.1% | +17.0% | +18.8% | +15.4% | +15.2% | +17.2% | +13.9% |
| EPS (βΉ) | 31.78 | 33.41 | 26.91 | 18.69 | 15.28 | 14.17 | 10.86 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 50.68 | 50.66 | 47.99 | 47.97 | 47.95 | 47.94 | 44.12 |
| Reserves & surplus | 3,055 | 2,715 | 1,422 | 1,194 | 1,040 | 918 | 391 |
| Shareholders' funds (net worth) | 3,106 | 2,766 | 1,470 | 1,242 | 1,087 | 966 | 435 |
| Minority interest | 43.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 254 | 175 | 166 | 140 | 118 | 129 | 200 |
| Unsecured loans | 99.81 | 5.55 | 7.75 | 8.53 | 9.00 | 8.06 | 6.97 |
| Total debt | 354 | 180 | 174 | 149 | 127 | 137 | 207 |
| Total liabilities | 3,581 | 2,959 | 1,654 | 1,399 | 1,222 | 1,111 | 648 |
| Assets | |||||||
| Gross block | 2,474 | 1,596 | 1,312 | 1,025 | 822 | 712 | 605 |
| Net block | 1,694 | 1,084 | 867 | 635 | 488 | 426 | 363 |
| Capital work in progress | 98.72 | 101 | 75.71 | 78.16 | 43.40 | 21.21 | 24.71 |
| Investments | 755 | 1,076 | 167 | 126 | 346 | 354 | 25.39 |
| Inventories | 434 | 286 | 221 | 209 | 168 | 126 | 112 |
| Sundry debtors | 531 | 350 | 270 | 235 | 207 | 156 | 127 |
| Cash & bank balances | 87.87 | 151 | 147 | 183 | 15.44 | 29.56 | 25.36 |
| Loans & advances | 150 | 79.80 | 64.24 | 61.27 | 56.41 | 47.18 | 37.30 |
| Total current assets | 1,203 | 866 | 702 | 688 | 447 | 359 | 302 |
| Total current liabilities | 279 | 191 | 180 | 163 | 138 | 99.21 | 104 |
| Net working capital | 923 | 676 | 522 | 525 | 308 | 260 | 198 |
| Total assets | 3,581 | 2,959 | 1,654 | 1,399 | 1,222 | 1,111 | 648 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 8.70 | 12.05 | 7.06 | 7.76 | 4.95 | 4.86 | 4.32 |
| Net cash from operating activities | 246 | 233 | 266 | 191 | 123 | 119 | 131 |
| Net cash from investing activities | (224) | (1,187) | (241) | (179) | (85.33) | (436) | (109) |
| Net cash from financing activities | 20.15 | 951 | (20.15) | (12.51) | (35.34) | 317 | (20.51) |
| Net change in cash | 42.53 | (3.35) | 4.99 | (0.70) | 2.80 | 0.10 | 0.54 |
| Closing cash | 87.87 | 151 | 147 | 183 | 15.44 | 29.56 | 25.36 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.3% | +21.4% | +23.4% | +20.8% | +17.4% | +14.4% | - |
| EBITDA growth | -3.8% | +26.6% | +34.6% | +24.4% | -0.7% | +30.3% | - |
| PBT growth | -5.5% | +31.4% | +45.0% | +21.6% | +8.4% | +43.2% | +25.6% |
| Net income growth | -6.6% | +9.7% | +50.3% | +22.3% | +4.1% | +41.1% | - |
| Revenue CAGR (3Y) | +18.9% | +21.9% | +20.5% | +17.5% | +14.8% | +14.8% | +14.7% |
| EBITDA CAGR (3Y) | +17.9% | +28.5% | +18.5% | +17.2% | +17.9% | +21.1% | +21.1% |
| Profitability & leverage | |||||||
| Net income margin | +17.1% | +20.3% | +18.8% | +16.1% | +15.9% | +17.3% | +14.0% |
| Return on capital employed | +12.4% | +20.2% | +23.4% | +19.0% | +17.3% | +21.7% | +24.4% |
| Return on net worth | +9.0% | +16.0% | +19.1% | +15.4% | +14.3% | +19.4% | +23.5% |
| Debt / equity | 0.09 | 0.08 | 0.12 | 0.12 | 0.13 | 0.25 | 0.45 |
| Long-term debt / equity | 0.01 | 0.00 | 0.01 | 0.02 | 0.05 | 0.13 | 0.25 |
| Interest cover | 6.63 | 3.84 | 4.57 | 5.17 | 3.82 | 6.30 | 16.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.92 | 1.15 | 1.18 | 1.21 | 1.20 | 1.19 | 1.23 |
| Inventory turnover | 5.21 | 6.59 | 6.40 | 5.92 | 6.26 | 6.59 | 7.02 |
| Debtors turnover | 4.26 | 5.39 | 5.44 | 5.05 | 5.09 | 5.56 | 5.38 |
| EPS (βΉ) | 31.78 | 33.41 | 26.91 | 18.69 | 15.28 | 14.17 | 10.86 |
| Dividend per share (βΉ) | 3.50 | 3.50 | 3.00 | 3.00 | 2.50 | 2.50 | 2.00 |
| Book value per share (βΉ) | 306.45 | 272.95 | 153.18 | 129.41 | 113.40 | 100.71 | 49.27 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 431 | 443 | 419 | 417 | 384 | 421 | 411 | 402 |
| Revenue growth (YoY) | +12.3% | +5.2% | +1.9% | +3.5% | +4.5% | - | - | - |
| Other income | 28.65 | 15.12 | 29.55 | 33.72 | 41.52 | 23.95 | 21.75 | 27.24 |
| Total expenses | 310 | 322 | 313 | 305 | 283 | 305 | 295 | 290 |
| EBITDA | 121 | 121 | 105 | 111 | 101 | 116 | 115 | 113 |
| EBITDA margin | +28.0% | +27.3% | +25.2% | +26.7% | +26.4% | +27.6% | +28.1% | +28.0% |
| Depreciation | 26.47 | 25.51 | 25.06 | 24.15 | 22.84 | 21.33 | 20.69 | 19.97 |
| Interest | 4.38 | 3.89 | 3.94 | 2.78 | 2.81 | 2.17 | 3.13 | 3.13 |
| Profit before tax | 119 | 107 | 106 | 118 | 117 | 116 | 113 | 117 |
| Tax | 30.52 | 26.18 | 27.63 | 28.96 | 29.14 | 29.84 | 28.24 | 29.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,662 | 1,602 | 1,307 | 1,068 | 879 | 747 | 646 |
| Revenue growth | +3.8% | +22.5% | +22.4% | +21.5% | +17.7% | +15.7% | - |
| Other income | 120 | 89.77 | 58.18 | 36.29 | 38.73 | 19.29 | 18.58 |
| Total expenses | 1,221 | 1,154 | 956 | 802 | 665 | 537 | 484 |
| Employee cost | 313 | 280 | 229 | 188 | 150 | 131 | 127 |
| EBITDA | 441 | 448 | 351 | 266 | 214 | 210 | 162 |
| EBITDA margin | +26.6% | +28.0% | +26.9% | +24.9% | +24.3% | +28.2% | +25.1% |
| Depreciation | 97.90 | 81.39 | 61.57 | 55.64 | 52.54 | 46.31 | 39.28 |
| Interest | 15.52 | 13.50 | 12.85 | 10.19 | 5.36 | 9.95 | 19.76 |
| Profit before tax | 448 | 443 | 335 | 237 | 195 | 173 | 122 |
| Tax | 112 | 112 | 83.17 | 57.78 | 48.70 | 43.87 | 29.40 |
| Net profit | 279 | 277 | 236 | 172 | 133 | 129 | 92.27 |
| Net profit margin | +16.8% | +17.3% | +18.1% | +16.1% | +15.1% | +17.2% | +14.3% |
| EPS (βΉ) | 33.15 | 32.70 | 26.23 | 18.66 | 15.23 | 13.51 | 10.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 50.68 | 50.66 | 47.99 | 47.97 | 47.95 | 47.94 | 44.12 |
| Reserves & surplus | 3,002 | 2,694 | 1,410 | 1,186 | 1,029 | 906 | 385 |
| Shareholders' funds (net worth) | 3,053 | 2,744 | 1,458 | 1,234 | 1,077 | 954 | 429 |
| Secured loans | 248 | 170 | 160 | 135 | 109 | 123 | 190 |
| Unsecured loans | 3.19 | 2.60 | 3.94 | 2.58 | 1.43 | 3.29 | 4.32 |
| Total debt | 252 | 172 | 164 | 137 | 111 | 126 | 194 |
| Total liabilities | 3,321 | 2,927 | 1,631 | 1,378 | 1,194 | 1,087 | 629 |
| Assets | |||||||
| Gross block | 1,794 | 1,536 | 1,255 | 965 | 768 | 660 | 555 |
| Net block | 1,217 | 1,047 | 831 | 598 | 451 | 390 | 328 |
| Capital work in progress | 95.85 | 92.79 | 70.71 | 77.74 | 42.97 | 21.18 | 24.58 |
| Investments | 1,243 | 1,126 | 221 | 181 | 384 | 385 | 57.95 |
| Inventories | 281 | 250 | 193 | 183 | 150 | 109 | 101 |
| Sundry debtors | 442 | 340 | 259 | 221 | 191 | 149 | 120 |
| Cash & bank balances | 42.58 | 143 | 137 | 171 | 8.31 | 27.40 | 22.39 |
| Loans & advances | 134 | 76.65 | 63.00 | 56.48 | 54.39 | 42.96 | 33.58 |
| Total current assets | 900 | 810 | 652 | 631 | 404 | 329 | 277 |
| Total current liabilities | 171 | 170 | 166 | 145 | 123 | 87.72 | 96.10 |
| Net working capital | 729 | 640 | 486 | 486 | 281 | 241 | 181 |
| Total assets | 3,321 | 2,927 | 1,631 | 1,378 | 1,194 | 1,087 | 629 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.55 | 2.14 | 0.38 | 0.63 | 2.79 | 1.89 | 2.91 |
| Net cash from operating activities | 245 | 230 | 256 | 197 | 126 | 116 | 127 |
| Net cash from investing activities | (268) | (1,184) | (237) | (189) | (88.71) | (434) | (106) |
| Net cash from financing activities | 28.03 | 953 | (17.32) | (7.89) | (39.71) | 319 | (22.25) |
| Net change in cash | 5.39 | (1.59) | 1.76 | (0.25) | (2.16) | 0.90 | (1.02) |
| Closing cash | 42.58 | 143 | 137 | 171 | 8.31 | 27.40 | 22.39 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.8% | +22.5% | +22.4% | +21.5% | +17.7% | +15.7% | - |
| EBITDA growth | -1.5% | +27.6% | +31.8% | +24.5% | +1.7% | +29.7% | - |
| PBT growth | +1.1% | +32.2% | +41.4% | +21.6% | +12.3% | +42.4% | +21.2% |
| Net income growth | +0.9% | +17.0% | +37.5% | +29.2% | +3.3% | +39.6% | - |
| Revenue CAGR (3Y) | +15.9% | +22.1% | +20.5% | +18.2% | +14.4% | +13.7% | +13.7% |
| EBITDA CAGR (3Y) | +18.3% | +28.0% | +18.6% | +18.0% | +16.9% | +20.1% | +19.9% |
| Profitability & leverage | |||||||
| Net income margin | +20.2% | +20.7% | +19.3% | +16.8% | +16.6% | +17.3% | +14.3% |
| Return on capital employed | +13.4% | +20.0% | +23.1% | +19.2% | +17.5% | +21.4% | +24.2% |
| Return on net worth | +9.6% | +15.8% | +18.7% | +15.5% | +14.4% | +18.7% | +22.8% |
| Debt / equity | 0.07 | 0.08 | 0.11 | 0.11 | 0.12 | 0.23 | 0.43 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.13 | 0.25 |
| Interest cover | 4.52 | 3.68 | 4.44 | 4.84 | 3.32 | 6.07 | 16.07 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.00 | 1.15 | 1.18 | 1.23 | 1.23 | 1.23 | 1.27 |
| Inventory turnover | 6.26 | 7.23 | 6.96 | 6.41 | 6.77 | 7.11 | 7.38 |
| Debtors turnover | 4.25 | 5.34 | 5.44 | 5.18 | 5.17 | 5.55 | 5.28 |
| EPS (βΉ) | 33.15 | 32.70 | 26.23 | 18.66 | 15.23 | 13.51 | 10.47 |
| Dividend per share (βΉ) | 3.50 | 3.50 | 3.00 | 3.00 | 2.50 | 2.50 | 2.00 |
| Book value per share (βΉ) | 301.18 | 270.83 | 151.95 | 128.63 | 112.30 | 99.50 | 48.65 |
Investments & Acquisitions by Polymedicure
Polymedicure has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Citieffe and Plan 1 Health.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Orthopedic fixation systems for limb and pelvis fractures are developed. | citieffe.com | 1962 | Sep 2025 | β’β’β’β’ | ||
Dental implant devices and accessories are supplied to professionals. | p1h.it | Udine, Italy | 2001 | Mar 2019 | β’β’β’β’ |
Complete acquisition details for Polymedicure
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Timeline of Polymedicure
6 dated milestones of Polymedicure across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Polymedicure is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Plan 1 Health.
- Funding First funding round of $55.0M.
- Funding Latest funding round, Post-IPO, of $119.2M.
- Acquisition Acquires Citieffe.
Web traffic of Polymedicure
The website of Polymedicure (polymedicure.com) receives about 22.1K visits a month.
- Monthly visits22.1K
▼ 9.5% vs previous month
Websites whose visitors overlap most with Polymedicure. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
romsons.com | romsons.com | 100% | #1,764,262 | β | |
ademcoindia.com | ademcoindia.com | 98% | β | ||
gstc.com | gstc.com | 96% | #1,961,466 | β | |
| suru.com | 96% | View details | |||
operonstrategist.com | operonstrategist.com | 94% | #2,631,973 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Polymedicure
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Frequently Asked Questions about Polymedicure
Polymedicure was founded in 1995 and raised its 1st funding round 26 years after it was founded.
Polymedicure is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Polymedicure has 3,080 employees.
The primary company behind Polymedicure, Poly Medicure Limited, reported revenue of βΉ2,001 Cr for FY 2026, up 12% year on year.
Polymedicure was founded in 1995 and is headquartered in Delhi, India. Operations are centered on the production of medical devices within the healthcare sector, including infusion therapy devices, blood management systems, and wound drainage equipment. These products support oncology, dialysis, and respiratory care applications. Manufacturing occurs in facilities equipped with advanced technology to meet quality standards.
Polymedicure offers Oncology Devices and Infusion Therapy Products.
Yes, Polymedicure is publicly traded on NSE under the ticker symbol POLYMED.
Polymedicure has made 2 acquisitions, including Citieffe, and Plan 1 Health.
Polymedicure has 4 investors. Key investors include UTI Mutual Fund, Max Life Insurance, Abu Dhabi Investment Authority, and Lighthouse Funds.
Polymedicure operates through Poly Medicure Limited.
The legal entities of Polymedicure currently have 17 directors, including Vishal Gupta, Alessandro Balboni, Ambrish Mithal and others.
