Indoco Remedies logo

Indoco Remedies share price

NSE: INDOCOBSE: 532612Pharmaceuticals & BiotechnologySmall Cap

Indoco Remedies Limited · Face value ₹2 · Listed Jan 2005
Last close ₹213.75down ₹6.90 (3.13%)BSE ₹214.05

Share price at the NSE close on 28 Oct 2026. Previous close ₹220.65.

28 Oct: open ₹219.20, high ₹220.40, low ₹211.25

52-week range of traded prices to 28 Oct 2026
₹162.19Low, 30 Mar 2026₹288.00High, 6 Nov 2025
Market cap
₹1,973 Cr1,173rd largest listed
P/E
61.77
P/E without one-offs
Lossover the last 12 months
P/B
1.93
Dividend yield
0.09%
ROE
3.2%
ROE without one-offs
−10.0%
ROCE
1.8%
Debt to equity
0.96
Volume, NSE
1,82,278

Indoco Remedies share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−20.3%over a year to 27 Oct 2026 · Nifty 500 −8.8%

ResultsTo 27 Oct 2026, 20-session average 13,59,056 shares a day, 40.0% delivered

Results

Consolidated; ₹ crore.Indoco Remedies quarterly results

Revenue growth, 12 months
+10.8%
Net profit growth, 12 months
–

Quarter to Sep 2026, against the quarter before

Revenue
₹520 Crup 11.27%
Net profit
₹19 Crdown 70.25%
Net margin
3.7%

Revenue by quarter

₹411 CrDec 24₹390 CrMar 25₹438 CrJun 25₹485 CrSep 25₹445 CrDec 25₹476 CrMar 26₹468 CrJun 26₹520 CrSep 26
Peak revenue ₹520 Cr, quarter to Sep 2026; lowest ₹390 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

  • Net profit
  • Loss
−₹28 CrDec 24−₹41 CrMar 25−₹36 CrJun 25−₹9.21 CrSep 25−₹29 CrDec 25−₹24 CrMar 26₹65 CrJun 26₹19 CrSep 26
A loss in 6 of the 8 quarters shown
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue411390438485445476468520
Net profit−28−41−36−9−29−246519
Net margin−6.9%−10.6%−8.3%−1.9%−6.6%−5.0%14.0%3.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, PHARMACEUTICAL, which carries all its revenue.

Valuation

Today, against the company's own history.Indoco Remedies PE ratio and valuation

Price to book

At or below today's level on 3% of 1,971 trading days since Nov 2018.

LowestHighest
Its median2.95Industry median2.95
Dividend yield

At or below today's level on 15% of 2,422 trading days over the last 10 years.

LowestHighest
Its median0.46%Industry median0.49%

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−29.5%––0.1%
3 years−20.2%––0.2%
5 years−10.2%––0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

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

Shareholding by group

  • Promoters58.92%
  • Foreign institutions1.64%
  • Indian institutions16.64%
  • Individuals and others22.66%
  • Employee trusts0.14%
Holder
SPA HOLDINGS PVT LTDPromoter19.86%
SHANTERI INVESTMENT PVT LTDPromoter17.18%
KARE FAMILY PRIVATE TRUSTPromoter14.19%
PANANDIKAR ADITI MILINDPromoter3.17%
Madhura Suresh KarePromoter2.70%
Kare Suresh GovindPromoter1.42%
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.

Since Jun 2026: promoters +0.06 pts, foreign institutions +0.37 pts, Indian institutions −1.04 pts, mutual funds −0.72 pts.

Mutual fund holdings

10 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 3 of the 5 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
2
Cut
3
Held unchanged
5
Sold out
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Indoco Remedies insider trading

Bought on the market Sold on the market
  • Promoters and promoter group8 purchases, 0 sales₹1.27 CrNo saleNet₹1.27 Cr2 pledge filings of unclear kind · 8 off-market moves
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Indoco Remedies competitors and peers

Pharmaceuticals, 215 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Indoco Remedies in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Sakar Healthcare logoSakar HealthcareSAKAR2,20151.346.36+48.0%+119.8%13.2%16.6%0.00%
Beta Drugs logoBeta DrugsBETA2,19840.665.02––16.4%14.2%0.00%
Sai Parenterals logoSai ParenteralsSAIPARENT2,138–4.36––––0.00%
Panacea Biotec logoPanacea BiotecPANACEABIO2,015–2.41+10.3%−162.0%−0.9%−3.6%0.00%
Syncom Formulations (India) logoSyncom Formulations (India)SYNCOMF1,91122.344.61+0.4%+48.6%22.6%19.5%0.49%
Hester Biosciences logoHester BiosciencesHESTERBIO1,90914.025.30+4.1%+262.2%40.4%11.7%0.49%
Windlas Biotech logoWindlas BiotechWINDLAS1,83427.613.16+18.5%+2.4%12.2%12.2%0.71%
Venus Remedies logoVenus RemediesVENUSREM1,77814.612.52+19.3%+73.0%18.7%21.0%0.75%
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.

Dividends

Per share, by the year it was paid for, and the latest payments.Indoco Remedies dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.6Mar 171Mar 180.3Mar 190.3Mar 201.5Mar 212.3Mar 222.3Mar 231.5Mar 240.2Mar 250.2Mar 26
Highest ₹2.25 a share, years to Mar 2022 and Mar 2023.
Ex-dateTypePer share
10 Sep 2026Final₹0.20
4 Sep 2025Final₹0.20
19 Sep 2024Final₹1.50
18 Sep 2023Final₹2.25
14 Sep 2022Final₹1.50
14 Sep 2022Special₹0.75
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Indoco Remedies announcements

Indoco Remedies share price by year

Each calendar year to 2025.Indoco Remedies share price history

YearClose at year endChangeHighest closeLowest close
2025234.60−29.4%341.00196.47
2024332.20−15.9%406.55298.30
2023395.20−2.8%412.65309.35
2022406.65−10.5%442.95311.65
2021454.30+49.4%519.65276.65
2020304.05+58.7%306.60155.25
2019191.55−11.5%223.55135.75
2018216.55−22.8%298.90154.40
2017280.45+7.6%294.10181.85
2016260.60−20.4%343.80251.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026219.00237.10216.50220.65228.2717,92,42310.4%
26 Oct 2026227.00229.50217.85219.50222.531,65,09347.1%
23 Oct 2026225.60238.80216.00226.50222.151,58,87951.2%
22 Oct 2026225.50231.20224.00225.60227.681,06,79053.3%
21 Oct 2026236.50238.10228.10231.50231.7887,43040.1%
19 Oct 2026245.00245.00235.10236.50238.9787,61554.5%
16 Oct 2026242.45250.20237.65245.65245.144,54,82743.2%
15 Oct 2026234.35256.50231.50241.05246.3316,50,88217.4%
14 Oct 2026228.75236.95225.20234.35232.662,36,29744.7%
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.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
17 May 2012Bonus0.6667Holders received 1 bonus share for every 2 held.
17 May 2012Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
SURESH GOVIND KARE
At the end of the quarter to Sep 2026
Managing director
ADITI M PANANDIKAR
At the end of the quarter to Sep 2026
Managing director
SUNDEEP VASANT BAMBOLKAR
At the end of the quarter to Sep 2026
NSE symbol
INDOCO
BSE code
532612
ISIN
INE873D01024
Industry
Pharmaceuticals & Biotechnology
CIN
L85190MH1947PLC005913
Corporate identity number, the registrar of companies' code for it
Incorporated
1947
Registered office
166 Indoco House, C S T Road, Santacruz (E), Mumbai 400098, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments