51.68
55.47
34.80
79.83
34.80
397.50
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Current Price
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Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Medico Remedies Limited was incorporated as a Private Limited Company with the name "Medico Remedies Private Limited" on March 18, 1994. The status was changed to a Public Limited Company and the Company name was changed to Medico Remedies Limited on March 6, 2017. Medico Remedies is a pharmaceutical formulation manufacturing company with manufacturing and marketing capabilities in formulation with focus on anti-infective, Beta-Lactums, cephalosporins, antimalarial, antiretroviral, anti-ulcer drugs and antacids, vitamins, haematinics and other supplements. Further in addition to above, the Company also has manufacturing and marketing capabilities in other drugs such as NSAIDS, Antihistaminic, Antidiabetics, Cardio Vascular Drugs, Diuretics, Anti-Epileptics, combination drug kits, syrups and cream & gel for various therapeutic segments. The Company is ISO 9001:2015 certified for its management system for the manufacture and marketing of pharmaceutical products. It also obtained a WHO-GMP accreditation for the manufacture of its products from the World Health Organisation and has also been certified by Government Recognised Star Exports, Pharmacy and Poison Board, NAFDAC and National Drug Authority, Uganda. The Company began its operations in 1994 with manufacturing and servicing of diuretics, anti-malarials, NSAIDS tablets, anti-reterovirals, anti-ulcer drugs and anti-acids tablets. Over the years the company has expanded its scale and scope of operations and currently the Company is engaged in manufacture of formulations for various medicines. As part of this expansion, in year 1999 & 2002, Company has a manufacturing facility for the manufacture of its products located in the State of Maharashtra at Palghar.. The plant is divided into two units, i.e. general formulations unit and beta-lactam unit; the beta lactam unit is further divided into two segments -Penicillin and Cephalosporins. The Company has built a strong relationship with its customers for drug formulations. The clients include Indian as well as foreign pharmaceutical companies like Anphar Limited, Saad Medical, Manfes Pharmaceuticals & Chemical Industries, Award Global Company Limited, Directorate of Health Services (DHS, Maharashtra) to name a few. The Company also earns revenue from the sale of licenses such as FMS license, FPS license and MESI license. In 2018-19, the Company purchased adjoining manufacturing unit with existing factory at Palghar. In January 2018, the Company came up with a Public Issue of 10,99,200 Equity Shares by raising equity capital amounting to Rs 10.99 Crores.
Medico Remedies share price as on 12 May 2025 is Rs. 54.24. Over the past 6 months, the Medico Remedies share price has decreased by 6.4% and in the last one year, it has increased by 30.54%. The 52-week low for Medico Remedies share price was Rs. 34.8 and 52-week high was Rs. 79.83.
540937
MEDICO
INE630Y01024
Sep
You can buy Medico Remedies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Medico Remedies Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 12, 2025 01:44 PM the closing price of Medico Remedies Ltd was Rs.54.24.
The latest PE ratio of Medico Remedies Ltd as of May 12, 2025 01:44 PM is 41.25
The latest PB ratio of Medico Remedies Ltd as of May 12, 2025 01:44 PM is 0.15
The 52-week high of Medico Remedies Ltd share price is Rs. 79.83 while the 52-week low is Rs. 34.80
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 12, 2025 01:44 PM, the market cap of Medico Remedies Ltd stood at Rs. 450.11 Cr.
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