Poly Medicure Ltd
Poly Medicure Limited is an India-based manufacturer and exporter of medical devices. The Company exports plastic medical disposables/surgical devices.[1]
- Market Cap ₹ 18,945 Cr.
- Current Price ₹ 1,974
- High / Low ₹ 2,098 / 1,074
- Stock P/E 73.4
- Book Value ₹ 153
- Dividend Yield 0.15 %
- ROCE 23.4 %
- ROE 19.0 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 31.9% CAGR over last 5 years
Cons
- Stock is trading at 12.8 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Healthcare Industry: Healthcare
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
259 | 322 | 390 | 411 | 454 | 519 | 610 | 687 | 785 | 922 | 1,115 | 1,376 | |
206 | 246 | 304 | 323 | 361 | 397 | 479 | 520 | 569 | 707 | 847 | 1,018 | |
Operating Profit | 53 | 76 | 86 | 88 | 93 | 122 | 131 | 166 | 216 | 215 | 267 | 358 |
OPM % | 20% | 24% | 22% | 21% | 21% | 23% | 22% | 24% | 28% | 23% | 24% | 26% |
0 | 11 | 28 | 8 | 14 | 16 | 20 | 21 | 22 | 40 | 38 | 61 | |
Interest | 7 | 9 | 10 | 10 | 8 | 12 | 14 | 20 | 11 | 6 | 11 | 11 |
Depreciation | 13 | 14 | 19 | 21 | 24 | 29 | 37 | 41 | 48 | 54 | 57 | 64 |
Profit before tax | 33 | 63 | 85 | 65 | 75 | 97 | 100 | 126 | 180 | 195 | 237 | 344 |
Tax % | 30% | 30% | 27% | 27% | 27% | 27% | 35% | 24% | 25% | 25% | 25% | 25% |
24 | 45 | 62 | 48 | 55 | 71 | 65 | 96 | 136 | 147 | 179 | 258 | |
EPS in Rs | 2.75 | 5.11 | 7.07 | 5.47 | 6.25 | 8.00 | 7.41 | 10.86 | 14.17 | 15.28 | 18.69 | 26.91 |
Dividend Payout % | 9% | 20% | 18% | 27% | 40% | 25% | 27% | 18% | 18% | 16% | 16% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 18% |
3 Years: | 21% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 32% |
3 Years: | 24% |
TTM: | 50% |
Stock Price CAGR | |
---|---|
10 Years: | 33% |
5 Years: | 60% |
3 Years: | 25% |
1 Year: | 71% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 17% |
3 Years: | 16% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 22 | 22 | 22 | 44 | 44 | 44 | 44 | 48 | 48 | 48 | 48 |
Reserves | 101 | 124 | 174 | 207 | 227 | 294 | 337 | 391 | 918 | 1,040 | 1,194 | 1,422 |
49 | 67 | 79 | 82 | 101 | 133 | 161 | 207 | 137 | 127 | 149 | 174 | |
53 | 73 | 89 | 76 | 85 | 94 | 112 | 126 | 121 | 163 | 187 | 214 | |
Total Liabilities | 214 | 286 | 364 | 387 | 457 | 565 | 654 | 767 | 1,224 | 1,377 | 1,577 | 1,859 |
92 | 123 | 165 | 182 | 207 | 265 | 306 | 363 | 426 | 488 | 635 | 876 | |
CWIP | 8 | 20 | 10 | 14 | 20 | 18 | 19 | 25 | 21 | 43 | 78 | 67 |
Investments | 4 | 3 | 4 | 4 | 3 | 17 | 8 | 25 | 354 | 346 | 126 | 167 |
110 | 140 | 185 | 187 | 227 | 264 | 321 | 354 | 422 | 499 | 738 | 748 | |
Total Assets | 214 | 286 | 364 | 387 | 457 | 565 | 654 | 767 | 1,224 | 1,377 | 1,577 | 1,859 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 66 | 63 | 63 | 56 | 75 | 106 | 128 | 119 | 123 | 191 | 266 | |
-31 | -58 | -59 | -31 | -56 | -88 | -101 | -107 | -436 | -85 | -179 | -241 | |
-8 | 5 | -6 | -31 | -0 | 16 | -5 | -21 | 317 | -35 | -13 | -20 | |
Net Cash Flow | 0 | 13 | -2 | 1 | 0 | 3 | 1 | 1 | 0 | 3 | -1 | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 52 | 59 | 74 | 77 | 79 | 77 | 68 | 72 | 82 | 77 | 72 |
Inventory Days | 149 | 142 | 148 | 114 | 194 | 161 | 186 | 241 | 217 | 218 | 237 | 167 |
Days Payable | 99 | 101 | 101 | 76 | 131 | 96 | 123 | 142 | 111 | 115 | 105 | 72 |
Cash Conversion Cycle | 111 | 94 | 106 | 111 | 140 | 144 | 139 | 166 | 179 | 185 | 209 | 166 |
Working Capital Days | 56 | 31 | 45 | 65 | 81 | 94 | 83 | 73 | 107 | 116 | 112 | 136 |
ROCE % | 27% | 33% | 30% | 26% | 24% | 26% | 22% | 25% | 22% | 17% | 18% |
Documents
Announcements
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 9h
- Closure of Trading Window 29 Jun
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Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
29 Jun - Board at their meeting held today i.e. 29th June, 2024, at 232-B, 3rd Floor, Okhla Industrial Estate, Phase-III, New Delhi-110020, has considered and approved the …
- Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On Today I.E. 29Th June, 2024 In Compliance Of Regulation 30 And 33 Of SEBI (LODR) Regulations, 2015. 29 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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May 2024Transcript PPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022Transcript PPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Jul 2021TranscriptPPT
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May 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
Product Portfolio
It is a medical devices company with product portfolio comprises of more than 130 SKUs of medical devices in the product verticals of infusion therapy, oncology, anesthesia and respiratory care, urology, gastroenterology, blood management and blood collection, surgery and wound drainage, dialysis, central venous access catheters, veterinary medical devices, and others. [1]