INDOCO REMEDIES LTD.·PHARMACEUTICALS 66.37·Pharmaceuticals & Biotechnology Companies

Price

225.6

-2.55%
O:225.5
H:231.2
L:224
C:225.6

52W Range

162.19291
+39%/-22%

Market Cap

₹2,082.37 Cr

Traded: ₹2.43 Cr (0.12%) 0.0x

Free Float: ₹432.72 Cr (0.56% of FF traded)

Volume · 60D trend

1.07 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-10% 3M:+1% 6M:-3% 12M:+10%

RS Score

SEEM
NOUS
BNF
SMA Score

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Valuation

P/E369.8
P/B2.2
P/S1.1
EV/EBIT146645734.8

Business Strength

ROE-9.4%
ROCE0.9%
OPM7.7%
NPM-5.4%

Growth (3Y CAGR)

EPS-29.0%
Sales+3.0%
Profit--
3Y Return-10.0%

Balance Sheet

Debt/Equity1.1
Debt1,036 Cr
Pledge0.0%
CWIP/Fixed Asset2.2%

Cash Position

CFO/NP-193.9%
FCF91.3 Cr
FCF 3Y Avg-435 Cr
Cash/MCap1.0%

Others

Div Yield0.1%
Div Payout-2.0%
Cash Conv. Cycle162 days
Tradeable Free Float20.8%
INDOCO225.6 -2.55% NSEBSE20% 27 Oct
NOUS
BNF
MCap2.1K Cr
Vol1.07 L
RVol
Del%
TVal2.43 Cr
RS
SEEM

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 9.56 Cr
2.21% FF
60d high
₹ 10.05 Cr
60d low
₹ 4.80 Cr
60d mean
₹ 7.83 Cr
vs mean
▲ 22.13%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
-3.0%
-12.0%
-10.0%
-25.0%
--
Stable
Profit
--
--
--
--
+33.0%
--
Sales
+6.0%
+8.0%
+3.0%
--
+12.0%
Stable
ROE
+5.0%
+5.0%
-2.0%
--
--
Stable

Quarterly Results

Jun 2026

28 Jul
Rev
▼468 Cr
+6% YoY-2% QoQ
OPM9.0%
NPM13.9%
PAT
+46% YoY▲65 Cr
EPS
+281% YoY▲7.0

Mar 2026

7 May
Rev
▲476 Cr
+22% YoY+7% QoQ
OPM10.0%
NPM-5.0%
PAT
+39% YoY▲-24 Cr
EPS
+47% YoY▲-2.3

Dec 2025

3 Feb
Rev
▼445 Cr
+8% YoY-8% QoQ
OPM7.0%
NPM-6.5%
PAT
+13% YoY▼-29 Cr
EPS
-13% YoY▼-3.2

Sep 2025

PDF
Rev
▲485 Cr
+12% YoY+10% QoQ
OPM9.0%
NPM-1.9%
PAT
+22% YoY▲-9 Cr
EPS
+17% YoY▲-0.9

Jun 2025

PDF
Rev
▲440 Cr
+2% YoY+13% QoQ
OPM4.0%
NPM-8.2%
PAT
-1466% YoY▲-36 Cr
EPS
-1486% YoY▲-3.9

Mar 2025

PDF
Rev
▼390 Cr
-13% YoY-5% QoQ
OPM-0.2%
NPM-10.5%
PAT
-524% YoY▼-41 Cr
EPS
-278% YoY▼-4.4

Dec 2024

PDF
Rev
▼411 Cr
-10% YoY-5% QoQ
OPM2.9%
NPM-6.8%
PAT
-224% YoY▼-28 Cr
EPS
-262% YoY▼-2.9

Sep 2024

PDF
Rev
▲433 Cr
-10% YoY+0% QoQ
OPM9.0%
NPM-2.3%
PAT
-127% YoY▼-10 Cr
EPS
-127% YoY▼-1.0

Jun 2024

PDF
Rev
▼431 Cr
+1% YoY-4% QoQ
OPM11.0%
NPM0.5%
PAT
-89% YoY▼2 Cr
EPS
-89% YoY▼0.3

Mar 2024

PDF
Rev
▼450 Cr
+5% YoY-2% QoQ
OPM11.0%
NPM4.9%
PAT
-63% YoY▲22 Cr
EPS
-12% YoY▲2.5

Dec 2023

PDF
Rev
▼459 Cr
+15% YoY-5% QoQ
OPM14.0%
NPM3.5%
PAT
-22% YoY▼16 Cr
EPS
-42% YoY▼1.8

Sep 2023

PDF
Rev
▲482 Cr
+11% YoY+13% QoQ
OPM15.0%
NPM7.3%
PAT
-29% YoY▲35 Cr
EPS
-29% YoY▲3.8

Jun 2023

PDF
Rev
▼426 Cr
---0% QoQ
OPM14.0%
NPM5.6%
PAT
-37% YoY▼24 Cr
EPS
--▼2.6

Mar 2023

Rev
▲428 Cr
--+7% QoQ
OPM15.0%
NPM6.1%
PAT
-36% YoY▼26 Cr
EPS
--▼2.8

Dec 2022

Rev
▼399 Cr
---8% QoQ
OPM16.0%
NPM7.0%
PAT
-15% YoY▼28 Cr
EPS
--▼3.0

Sep 2022

Rev
433 Cr
----
OPM20.3%
NPM11.5%
PAT
+19% YoY50 Cr
EPS
--5.4

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.16
Interest Coverage7.5x
Promoter Pledge0.0%
Borrowings1.1K Cr

Efficiency

Receivable Days97 days
Inventory Days273 days
Payable Days208 days
Cash Conversion cycle162 days

Cash Position

Operating Cash Flow192 Cr
Investing Cash Flow-102 Cr
Financing Cash Flow-77 Cr
Free Cash Flow91 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales468476445485440390411433431450459482426428399433
Expenses426426414442422391399392384401397410365363337345
Operating Profit4150324318-112404849637161656288
Other Income1004-502222122-640000
Interest284626252618161814121088975
Depreciation35323232302929292826242120181716
Profit Before Tax78-25-31-14-37-46-31-5733234634393867
Tax %16.0%-5.0%-6.0%-32.0%-1.0%-9.0%-8.0%107.0%74.0%33.0%31.0%24.0%29.0%34.0%26.0%26.1%
Net Profit65-24-29-9-36-41-28-10222163524262850
Exceptional Items974-6-10010020-800000
EPS (Rs)7.0-2.3-3.2-0.9-3.9-4.4-2.9-1.00.32.51.83.82.62.83.05.4
Sales Growth (YoY)6.4%22.1%8.3%12.0%2.1%-13.3%-10.5%-10.2%1.2%5.1%15.0%11.3%--------
Sales Growth (QoQ)-1.7%7.0%-8.3%10.2%12.8%-5.1%-5.1%0.5%-4.2%-2.0%-4.8%13.2%-0.5%7.3%-7.9%--
OP Growth (YoY)127.8%5100.0%166.7%7.5%-62.5%-102.0%-81.0%-43.7%-21.3%-24.6%1.6%-19.2%--------
OP Growth (QoQ)-18.0%56.3%-25.6%138.9%1900.0%-108.3%-70.0%-16.7%-2.0%-22.2%-11.3%16.4%-6.2%4.8%-29.4%--
Profit Growth (YoY)46.0%39.0%13.0%22.0%-1466.0%-524.0%-224.0%-127.0%-89.0%-63.0%-22.0%-29.0%-37.0%-36.2%-14.7%19.3%
EPS Growth (YoY)281.4%46.6%-12.9%17.3%-1485.7%-278.1%-261.6%-127.3%-89.4%-12.1%-42.0%-29.4%--------
EPS Growth (QoQ)400.9%27.6%-275.6%77.8%11.4%-53.1%-175.0%-471.4%-88.6%39.0%-53.5%43.8%-5.4%-8.2%-43.5%--
OP Margin8.8%10.5%7.2%8.9%4.1%-0.3%2.9%9.2%11.1%10.9%13.7%14.7%14.3%15.2%15.5%20.3%
Net Margin13.9%-5.0%-6.5%-1.9%-8.2%-10.5%-6.8%-2.3%0.5%4.9%3.5%7.3%5.6%6.1%7.0%11.5%
Material Cost %33.8%29.6%27.0%30.0%30.7%27.2%27.8%31.6%32.8%31.3%31.0%30.6%30.2%30.7%32.6%29.4%
Employee Cost %21.7%23.0%23.8%21.3%24.3%27.3%23.8%21.5%22.5%19.6%19.6%19.1%21.5%17.9%20.6%18.6%
P/S1.111.241.201.08------------------------
P/E369.84------------------------------
P/B2.222.442.161.91------------------------

Shareholding Pattern

Shareholders:32.5K (-6.5%)
Current MixJun 2026

Exchange Filings

50
Company Update21 Oct 2026

Intimation of Earnings Conference Call on Unaudited Financial Results for Quarter and Half year ended 30th September 2026

Board Meeting14 Oct 2026

Indoco Remedies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve A meeting of the Board of Directors ....

Company Update07 Oct 2026

Attached the certificate issued by MUFG Intime India Private Ltd, Registrar and Transfer Agent of the Company, confirming compliance under Regulation 74(5) of SEBI(D & P) Regulations,2018 ....

Company Update29 Sept 2026

Pursuant to Regulation 30 and Part A of Schedule III of SEBI (LODR) Regulations,2015, please find enclosed a copy of the letter dispatched to shareholders holding shares in physical mode, ....

Insider Trading / SAST28 Sept 2026

Intimation regarding Closure of Trading Window

Company Update18 Sept 2026

Pursuant to Regulation 30 of SEBI LODR, the Committee of Executive Directors in its meeting held today i.e. 18th September, 2026 has considered and approved the incorporation of the wholly ....

AGM/EGM18 Sept 2026

Please find enclosed herewith the details of Voting Results and Scrutinizers Report for the 79th AGM of the Company held on 17th September, 2026

AGM/EGM17 Sept 2026

We are submitting herewith the details regarding the Proceedings of the 79th AGM of the Company held on Thursday, 17th September, 2026 at 10.30 am through video conferencing(VC)/other audio ....

Company Update10 Sept 2026

UK MHRA inspection at Company''s manufacturing facility at Plant I (solid oral dosage form) located at Goa.

Insider Trading / SAST10 Sept 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditi M Panandikar & Others

Company Update05 Sept 2026

USFDA inspection at Company''s manufacturing facility at Plant II (Sterile) located at Goa.

Insider Trading / SAST03 Sept 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditi Panandikar & Others

Insider Trading / SAST01 Sept 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditi M Panandikar & Others

Company Update27 Aug 2026

Intimation of execution of Deed of Conveyance for Sale of Company''s plot of land.

Company Update22 Aug 2026

Newspaper Advertisement-Information regarding 79th Annual General meeting and E-voting

Others21 Aug 2026

Business Responsibility and Sustainability Reporting (BRSR)

Others21 Aug 2026

Annual Report for the financial year 2025-2026

AGM/EGM21 Aug 2026

Notice of 79th Annual General Meeting and Annual Report for the Financial year 2025-2026

AGM/EGM21 Aug 2026

Notice of 79th Annual General Meeting and Annual Report for the financial year 2025-2026

Corp. Action21 Aug 2026

Intimation of Cut-Off Date for E voting, Book Closure and Record date for Dividend

Company Update20 Aug 2026

Publication of Newspaper Advertisement- 79th Annual General Meeting to be held on 17th September, 2026 through VC/OAVM

Result28 Jul 2026

Unaudited Standalone and Consolidated Financial Results for the Quarter Ended 30th June, 2026 along with Limited Review Report

Company Update17 Jul 2026

Intimation of Earnings Conference Call on Unaudited Financial Results for Quarter ended 30th June, 2026

Board Meeting15 Jul 2026

Indoco Remedies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2026 ,inter alia, to consider and approve The Unaudited Standalone and ....

Company Update07 Jul 2026

Attached the certificate issued by MUFG Intime India Private Limited, Registrar & Transfer Agent of the Company, confirming compliance under Reg 74(5) of SEBI (D&P) Regulations,2018 for ....

Insider Trading / SAST29 Jun 2026

Intimation regarding Closure of Trading Window

Company Update26 Jun 2026

Press Release : Indoco Remedies Goa Plant successfully clears Malta Medicines Authority audit

Company Update11 Jun 2026

Notice for transfer of equity shares of the Company to the Investor Education and Protection Fund ("IEPF")

Company Update28 May 2026

Indoco''s formulation plant at Baddi (Plant III) receives EU GMP Certification

Company Update22 May 2026

Enclosed the Annual Secretarial Compliance Report dated 13-05-2026 for the Financial Year 2025-2026 issued by our Secretarial auditor CS Ajit Sathe, Proprietor of M/s. A.Y.Sathe & Co, Company ....

Company Update18 May 2026

Intimation regarding completion of transfer of Ophthalmic Division of the Company to Sunways (India) Private Limited

Company Update15 May 2026

The Company hereby regrets to inform about the sad demise of Dr. Anand Nadkarni (DIN : 06881461) Non Executive Director of the Company today i.e. Friday, 15th May, 2026.

Company Update14 May 2026

Press Release:- Indoco Remedies successfully clears Malta Medicines Authority Audit

Company Update11 May 2026

Transcript of Earnings Conference Call on Audited Standalone and Consolidated Financial Results for the Quarter and Year ended 31-03-2026

Company Update08 May 2026

Publication of Audited Standalone & Consolidated Financial Results for the Quarter and Year ended 31-03-2026

Result07 May 2026

Audited Standalone and Consolidated Financial Results for the Quarter and Year Ended 31st March, 2026

Board Meeting07 May 2026

Pursuant to the Regulation 30 read with Schedule III and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors ....

Company Update07 May 2026

Audio recording of Earnings Conference Call on Audited Standalone and Consolidated Financial Results for the Quarter and Year Ended 31st March, 2026

Company Update30 Apr 2026

Approval of Agreement to Transfer Business by Indoco Remedies Limited

Company Update30 Apr 2026

Indoco Remedies announces strategic transfer of its opthalmic division to Sunways India

Company Update30 Apr 2026

Intimation regarding execution of Agreement to Transfer Business with Sunways (India) Private Limited

Board Meeting27 Apr 2026

Indoco Remedies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and approve 1. To consider and approve ....

Company Update27 Apr 2026

Intimation of ECC on Audited Financial Results for Quarter and year ended 31-03-2026

Company Update13 Apr 2026

Pursuant to Regulation 30 of the SEBI (LODR)Regulations,2015, this is to inform you that the U.S. Food & Drug Administration completed Pre-approval inspection at the Company''s testing ....

Company Update09 Apr 2026

Attached the certificate issued by MUFG Intime India Private Limited, Registrar and Transfer Agent of the Company, confirming compliance under Regulation 74(5) of SEBI (Depositories and ....

Company Update31 Mar 2026

Intimation of re-appointment of Cost Auditor and Internal Auditor of the Company

Insider Trading / SAST30 Mar 2026

Intimation regarding Closure of Trading Window

Company Update13 Mar 2026

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we wish to inform you that the senior ....

Company Update24 Feb 2026

Indoco Remedies receives final ANDA approval from USFDA for Brivaracetam Oral Solution, 10mg/mL

Company Update09 Feb 2026

Transcript of Earnings Conference Call on Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months ended 31st December, 2025.

Annual Reports

15

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

Credit Ratings

6
icraRating update
24 Sept 2025Report
icraRating update
04 Aug 2025Report
icraRating update
01 Jul 2025Report
icraRating update
30 Jan 2025Report
icraRating update
31 Jul 2024Report
icraRating update
27 May 2024Report

Concalls

31

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Jul 2025

31 Jul 2025

May 2025

31 May 2025

Jan 2025

31 Jan 2025

Oct 2024

31 Oct 2024

Jul 2024

31 Jul 2024

Jun 2024

30 Jun 2024

Jan 2024

31 Jan 2024

Oct 2023

31 Oct 2023

Jul 2023

31 Jul 2023

May 2023

31 May 2023

Jan 2023

31 Jan 2023

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

May 2022

31 May 2022

Feb 2022

28 Feb 2022

Nov 2021

30 Nov 2021

Aug 2021

31 Aug 2021

May 2021

31 May 2021

Feb 2021

28 Feb 2021

Nov 2020

30 Nov 2020

Aug 2020

31 Aug 2020

Jun 2020

30 Jun 2020

Jan 2020

31 Jan 2020

Oct 2019

31 Oct 2019

Aug 2019

31 Aug 2019

May 2019

31 May 2019

Jan 2019

31 Jan 2019

Nov 2018

30 Nov 2018

Aug 2018

31 Aug 2018

Held by ETFs

1 ETFs hold INDOCO · sorted by weight

#ETFWeight %
1

MOHEALTH

MOTILALAMC - MOHEALTH

0.06%

Held by Mutual Funds

9 schemes hold INDOCO · sorted by weight

#SchemeWeight %
1

ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund

ICICI Prudential Mutual Fund

0.60%
2

HDFC Value Fund

HDFC Mutual Fund

0.48%
3

Nippon India Pharma Fund

Nippon India Mutual Fund

0.45%
4

Quant Small Cap Fund

Quant Mutual Fund

0.29%
5

Nippon India Small Cap Fund

Nippon India Mutual Fund

0.08%
6

Franklin India Small Cap Fund

Franklin Templeton Mutual Fund

0.08%
7

Bandhan BSE Healthcare Index Fund

Bandhan Mutual Fund

0.06%
8

ICICI Prudential Balanced Hybrid Fund

ICICI Prudential Mutual Fund

0.06%
9

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.00%