Medico Remedies logo

Medico Remedies share price

NSE: MEDICOBSE: 540937Pharmaceuticals & BiotechnologySmall Cap

Last close ₹19.90down ₹0.60 (2.93%)BSE ₹20.17

Share price at the NSE close on 23 Oct 2026. Previous close ₹20.50.

52-week range of traded prices to 23 Oct 2026
₹19.11Low, 23 Oct 2026₹56.88High, 24 Dec 2025
Market cap
₹165 Cr2,034th largest listed
P/E
12.0
P/B
2.2
Dividend yield
Nonein the last 12 months
ROE
20.1%
ROCE
15.3%
Debt to equity
0.25
Volume, NSE
1,57,78351.0% delivered

Share price

Daily closes since Nov 2021, BSE closes Feb 2018 to May 2022, adjusted for splits and bonuses. Earlier closes are left out: on 17 Nov 2021 the price changed in a way no corporate action on record explains.

−60.5%over a year

Results20-session average 6,54,619 shares a day, 59.1% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹69 Crup 22.17%
Net profit
₹2.52 Crdown 57.01%
Net margin
3.6%

Revenue by year

Peak revenue ₹206 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 5 FebMar 2025Filed 10 JunJun 2025Filed 8 AugSep 2025Filed 14 NovDec 2025Filed 13 AprMar 2026Filed 21 MayJun 2026Filed 13 Aug
Revenue39.339.541.338.352.658.756.869.4
Net profit1.62.64.31.82.62.95.92.5
Net margin3.9%6.6%10.5%4.8%4.9%4.9%10.3%3.6%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, manufacturer and exporter of pharmaceutical formulations, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 0.1% of 1,015 trading days over the last 5 years.

LowestHighest
Its median43.0Industry median28.3
Price to book

At or below today's level on 0.1% of 1,008 trading days over the last 5 years.

LowestHighest
Its median6.7Industry median2.9
EV to EBITDA10.4

At or below today's level on 0.1% of 744 trading days over the last 3 years.

LowestHighest
Its median28.2Industry median18.7

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−36.5%+29.5%−50.9%0.0%
3 years−24.1%+22.0%−37.8%0.0%
Longer windows are left empty: a corporate action or price step on 2021-11-17 that cannot be sized sits inside this window.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters61.38%
  • Foreign institutions0.60%
  • Individuals and others38.02%
Holder
HARESH KAPURLAL MEHTAPromoter20.22%
MEHTA RISHIT HARESHBHAIPromoter12.65%
HARSHIT HARESH MEHTAPromoter10.39%
RITA H MEHTAPromoter8.05%
SHWETA HARSHIT MEHTAPromoter5.88%
PRIYAL RISHIT MEHTAPromoter4.19%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

2 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Bought for the first time
2
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal BSE Healthcare ETFMotilal Oswal Mutual Fund902–₹19,000
Bandhan Mutual Fund logoBandhan BSE Healthcare Index FundBandhan Mutual Fund425–₹9,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pharmaceuticals, 216 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Medico Remedies in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Brooks Laboratories logoBrooks LaboratoriesBROOKS17012.91.429.4−7.7%+550.4%12.0%3.2%0.00%
Oxygenta Pharmaceutical logoOxygenta PharmaceuticalOXYGENTAPH170–––+20.6%––−15.1%0.00%
Achyut Healthcare logoAchyut HealthcareACHYUT168–––––––0.00%
Syschem (India) logoSyschem (India)SYSCHEM166–––+59.1%––11.7%0.00%
Smruthi Organics logoSmruthi OrganicsSMRUTHIORG15320.72.18.5−4.6%+118.2%10.2%14.8%1.12%
Natural Capsules logoNatural CapsulesNATCAPSUQ149–0.7–+8.8%–−9.5%−5.2%0.00%
Curis Lifesciences logoCuris LifesciencesCURIS14320.63.014.5––14.6%15.1%0.00%
Kimia Biosciences logoKimia BiosciencesKIMIABL14219.78.012.5−6.7%−18.2%51.9%19.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Medico Remedies share price by year

Each calendar year to 2025.Medico Remedies share price history

YearClose at year endChangeHighest closeLowest close
202550.60−7.9%78.0838.19
202454.95−34.4%90.6535.65
202383.80+28.6%96.7060.89
2022BSE close65.17+181.6%65.8815.44
2021BSE close23.14–29.8723.14
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 17 Nov 2021.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202620.5520.6419.1119.9019.761,57,78351.0%
22 Oct 202620.9720.9720.3020.5020.5964,95155.7%
21 Oct 202621.8022.0020.6220.7821.021,36,09966.6%
19 Oct 202622.0422.4521.1421.4321.472,02,90079.0%
16 Oct 202622.3022.3021.7522.0321.971,54,70774.2%
15 Oct 202622.2022.4521.8021.9122.151,54,69959.8%
14 Oct 202622.7622.8521.2521.8522.171,56,67754.6%
13 Oct 202622.2522.6721.9022.5022.2395,92857.5%
12 Oct 202622.9223.5421.9022.1522.493,16,85355.3%
9 Oct 202622.2023.1521.0022.8022.163,09,86455.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
25 Sep 2026Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
27 Feb 2025Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
16 Mar 2023Split0.2000Each share became 5.
17 Nov 2021Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

Legal name
Medico Remedies Limited
NSE symbol
MEDICO
BSE code
540937
ISIN
INE630Y01024
Industry
Pharmaceuticals & Biotechnology
Listed
Feb 2018 on BSE, May 2022 on NSE
Face value
₹2
CIN
L24230MH1994PLC077187
Corporate identity number, the registrar of companies' code for it