MEDICO

Medico Remedies Share Price

₹46.5
+ 0.8 (1.75%)
18 September, 2024 02:37 BSE: 540937 NSE: MEDICO ISIN: INE630Y01024

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Medico Remedies Performance

Day Range

  • Low 45
  • High 47
₹ 46

52 Week Range

  • Low 35
  • High 93
₹ 46
  • Open Price0
  • Previous Close46
  • Volume28745

Medico Remedies Chart

  • Over 1 Month + 24.36%
  • Over 3 Month + 16.08%
  • Over 6 Month -41.62%
  • Over 1 Year -33.33%

Medico Remedies Key Statistics

P/E Ratio 45.1
PEG Ratio 10.7
Market Cap Cr
Price to Book Ratio 7.4
EPS 1
Dividend 0
Relative Strength Index 63.74
Money Flow Index 67.62
MACD Signal 1.64
Average True Range 1.53

Medico Remedies Investment Rating

  • Master Rating:
  • Medico Remedies has an operating revenue of Rs. 144.25 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 8% is okay, ROE of 15% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 5 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 46 indicates it belongs to a fair industry group of Medical-Diversified and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Medico Remedies Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 314130423128
Operating Expenses Qtr Cr 283727392925
Operating Profit Qtr Cr 353323
Depreciation Qtr Cr 111111
Interest Qtr Cr 000000
Tax Qtr Cr 111111
Net Profit Qtr Cr 231212
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 147144
Operating Expenses Annual Cr 132131
Operating Profit Annual in Cr 1310
Depreciation Cr 33
Interest Annual Cr 11
Tax Annual Cr 33
Net Profit Annual Cr 87
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 8
Cash from Investing Activity Annual Cr -7
Cash from Financing Annual Activity Cr -2
Net Cash Flow Annual Cr 0
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5244
Fixed Assets Annual Cr 2122
Total Non Current Assets Annual Cr 2223
Total Current Assets Annual Cr 7465
Total Assets Annual Cr 9687
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 65
ROE Annual % 1617
ROCE Annual % 2324
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1010
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Medico Remedies Technicals

EMA & SMA

Current Price
₹46.5
+ 0.8 (1.75%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹43.97
  • 50 Day
  • ₹42.27
  • 100 Day
  • ₹45.01
  • 200 Day
  • ₹52.34
  • 20 Day
  • ₹44.10
  • 50 Day
  • ₹40.58
  • 100 Day
  • ₹40.46
  • 200 Day
  • ₹58.63

Medico Remedies Resistance and Support

PIVOT
₹46.05
Resistance
First Resistance 46.95
Second Resistance 47.40
Third Resistance 48.30
RSI 63.74
MFI 67.62
MACD Single Line 1.64
MACD 1.60
Support
First Support 45.60
Second Support 44.70
Third Supoort 44.25

Medico Remedies Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 89,064 8,906,400 100
Week 56,114 5,611,360 100
1 Month 167,112 16,711,232 100
6 Month 340,398 24,399,747 71.68

Medico Remedies Result Highlights

Medico Remedies Synopsis

NSE-Medical-Diversified

Medico Remedies belongs to the Industry of Pharmaceuticals. Company’s Total Operating Revenue is Rs. 144.92 Cr. and Equity Capital is Rs. 16.60 Cr. for the Year ended 31/03/2024. Medico Remedies Ltd. is a Public Limited Listed company incorporated on 18/03/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24230MH1994PLC077187 and registration number is 077187.
Market Cap 173
Sales 144
Shares in Float 2.24
No of funds 5
Yield
Book Value 3.3
U/D Vol ratio 1.8
LTDebt / Equity 1
Alpha 5.03
Beta

Medico Remedies Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 73.34%73.34%73.34%73.34%
Foreign Portfolio Investors 0.22%0.29%1.29%1.11%
Individual Investors 17.49%14.39%14.64%13.21%
Others 8.95%11.98%10.73%12.34%

Medico Remedies Management

Name Designation
Mr. Haresh Kapurlal Mehta Chairman & Wholetime Director
Mr. Harshit Haresh Mehta Managing Director
Mr. Rishit Haresh Mehta Whole Time Director
Mr. Dayanand Shivshankar Mathapati Additional Executive Director
Mrs. Rita Haresh Mehta Woman Non Executive Director
Mr. Deepesh Rajesh Shah Ind. Non-Executive Director
Mr. Ramesh Narandas Rughani Ind. Non-Executive Director
Mr. Bharat Nathalal Rathod Ind. Non-Executive Director
Mr. Deepak Maganlal Vekaria Ind. Non-Executive Director
Mr. Kunal Tushar Vora Addnl.Non Exe.Independent Director

Medico Remedies Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Medico Remedies Corporate Action

Date Purpose Remarks
2024-08-12 Quarterly Results
2024-05-09 Audited Results
2024-02-12 Quarterly Results
2023-11-09 Quarterly Results
2023-08-10 Quarterly Results
Date Purpose Remarks
2021-11-17 Bonus Rs.0.00 issue of equity shares in the ratio of 3:1 of Rs.. 10/-.
Date Purpose Remarks
2023-03-16 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Medico Remedies MF Shareholding

Name Amount(cr)

Medico Remedies FAQs

What is Share Price of Medico Remedies ?

Medico Remedies share price is ₹46 As on 18 September, 2024 | 02:23

What is the Market Cap of Medico Remedies ?

The Market Cap of Medico Remedies is ₹385.9 Cr As on 18 September, 2024 | 02:23

What is the P/E ratio of Medico Remedies ?

The P/E ratio of Medico Remedies is 45.1 As on 18 September, 2024 | 02:23

What is the PB ratio of Medico Remedies ?

The PB ratio of Medico Remedies is 7.4 As on 18 September, 2024 | 02:23

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