Medico Remedies logo

Medico Remedies share price

NSE: MEDICOBSE: 540937Pharmaceuticals & BiotechnologySmall Cap

Medico Remedies Limited · Face value ₹2 · Listed Feb 2018 on BSE, May 2022 on NSE
Last close ₹18.98down ₹0.24 (1.25%)BSE ₹19.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹19.22.

29 Oct: open ₹19.59, high ₹19.59, low ₹18.80

52-week range of traded prices to 29 Oct 2026
₹18.80Low, 28 Oct 2026₹56.88High, 24 Dec 2025
Market cap
₹158 Cr2,034th largest listed
P/E
11.40
P/B
2.09
Dividend yield
Nonein the last 12 months
ROE
20.1%
ROCE
15.3%
Debt to equity
0.25
Volume, NSE
1,56,00480.6% delivered

Medico Remedies share price chart

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.

−60.6%over a year · Nifty 500 −8.4%

Results20-session average 2,23,510 shares a day, 62.2% delivered

Results

Standalone; ₹ crore.Medico Remedies quarterly results

Revenue growth, 12 months
+50.0%
Net profit growth, 12 months
+33.7%

Quarter to Jun 2026, against the quarter before

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

Revenue by quarter

₹39 CrSep 24₹39 CrDec 24₹41 CrMar 25₹38 CrJun 25₹53 CrSep 25₹59 CrDec 25₹57 CrMar 26₹69 CrJun 26
Peak revenue ₹69 Cr, quarter to Jun 2026; lowest ₹38 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹1.55 CrSep 24₹2.62 CrDec 24₹4.34 CrMar 25₹1.82 CrJun 25₹2.57 CrSep 25₹2.87 CrDec 25₹5.86 CrMar 26₹2.52 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
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.Medico Remedies PE ratio and valuation

Price to earnings

At or below today's level on 0.1% of 1,019 trading days over the last 5 years.

LowestHighest
Its median42.93Industry median28.38
Price to book

At or below today's level on 0.1% of 1,012 trading days over the last 5 years.

LowestHighest
Its median6.65Industry median2.99

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.

Shareholding

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

Since Jun 2026: promoters unchanged, foreign institutions +0.52 pts.

Mutual fund holdings

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
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 30 Oct 2025.Medico Remedies insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 1 pledge filing of unclear kind
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.

Medico Remedies competitors and peers

Pharmaceuticals, 215 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Medico 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
Oxygenta Pharmaceutical logoOxygenta PharmaceuticalOXYGENTAPH177––+20.6%––−15.1%0.00%
Asston Pharmaceuticals logoAsston PharmaceuticalsAPL165318.39–––1.3%−2.0%0.00%
Gujarat Inject (Kerala) logoGujarat Inject (Kerala)GUJINJEC16454.9313.89+151.6%+209.0%27.4%32.9%0.00%
Smruthi Organics logoSmruthi OrganicsSMRUTHIORG16322.052.22−4.6%+118.2%10.2%14.8%1.05%
Par Drugs and Chemicals logoPar Drugs and ChemicalsPAR14911.431.24+9.4%+34.1%11.5%12.3%0.00%
Curis Lifesciences logoCuris LifesciencesCURIS14621.163.09––14.6%15.1%0.00%
Auro Laboratories logoAuro LaboratoriesAUROLAB14530.973.13+125.5%–10.5%8.8%0.00%
Kimia Biosciences logoKimia BiosciencesKIMIABL14420.058.13−6.7%−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.Medico Remedies 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 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 202620.6920.6918.8019.2219.472,29,33170.4%
27 Oct 202620.2420.5720.0920.4220.3836,75971.3%
26 Oct 202620.2820.2819.6820.0819.981,05,12759.2%
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%
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

Chairperson
HARESH KAPURLAL MEHTA
At the end of the quarter to Sep 2026
Managing director
HARSHIT HARESH MEHTA
At the end of the quarter to Sep 2026
NSE symbol
MEDICO
BSE code
540937
ISIN
INE630Y01024
Industry
Pharmaceuticals & Biotechnology
CIN
L24230MH1994PLC077187
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
1105/1106, Hubtown Solaris, 11th Floor, Opp. Telli Galli, N S Phadke Marg, Andheri East, Mumbai 400069, Maharashtra
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments