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1W
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Max
Open1,854.8
High1,960
Low1,840
Prev. Close1,920.5
Avg. Traded Price1,914.64
Volume6,05,881

MARKET DEPTH

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Total bid0.00
Total ask200.00
OrdersQtyBid
000
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AskQtyOrders
1920.56200
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HIGH/LOW

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1d
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3m
52w

LOW/HIGH

1,840.0017 hours ago
1,960.0014 hours ago
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LOWER/UPPER CIRCUITS

1,470.70
2,205.90
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Poly Medicure Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 22.61%, in the last year to ₹1,758.96 Cr. Its sector's average revenue growth for the last fiscal year was 16.16%.
noteAnnual Net Profit,rose 31.09% in the last year to ₹338.56 Cr. Its sector's average net profit growth for the last fiscal year was 91.08%.
notePrice to Earning Ratio,is 52.11, lower than its sector PE ratio of 73.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 48.58%
Net profit growth 5Y CAGR : 31.92%
Poly Medicure Ltd Top mutual funds holding
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About Poly Medicure Ltd.

 

Poly Medicure Ltd. (Polymed) is a leading Indian manufacturer and exporter of medical devices, established in 1995. The company offers a diverse portfolio of 200+ products spanning infusion therapy, anaesthesia, oncology, urology, and gastroenterology, and exports to more than 125 countries, supported by state-of-the-art manufacturing facilities that adhere to international quality standards and certifications. Polymed manufactures and supplies devices across infusion therapy, oncology, anaesthesia and respiratory care, urology, gastroenterology, vascular access, surgery and wound drainage, dialysis and renal care, diagnostics, transfusion systems, veterinary medical devices and others. 

 

The company states it is the largest exporter of medical devices from India, with 70% of sales from exports to highly regulated developed markets like the EU, LATAM and South-East Asia; it is also among the top three IV cannula manufacturers globally and the first indigenous dialyzer manufacturer. Polymed’s footprint includes multiple units in Faridabad (Haryana), Haridwar (Uttarakhand) and Jaipur (SEZ, Rajasthan), along with overseas sites in Amaro, Italy; Laiyang–Qingdao, China; and Assuit, Egypt; the R&D Centre is located in Faridabad. As on the latest year, the company had 3 subsidiaries (and 3 step-subsidiaries) and employed 3,082 people.

 

Poly Medicure Ltd.’s Business Segments

 

  • Sales mix: Exports 70%; Domestic 30%.

 

Poly Medicure Ltd.’s Key Management

 

  • D. R. Mehta – Chairman

 

  • Himanshu Baid – Managing Director

 

  • Rishi Baid – Joint Managing Director

 

  • Naresh Vijayvargiya – Chief Financial Officer

 

  • Avinash Chandra – Company Secretary

 

These designations are as presented in the Annual Report’s statutory sections and financial statement sign-offs.

 

Latest Updates on Poly Medicure Ltd.

 

  • Product and technology: Recent launches include dialyzers, dialysis machines, safety Huber needles, PICC catheters, arterial and diagnostic catheters, guidewires, and pre-filled syringes; the company highlights that it is the first Indian firm to indigenously manufacture dialyzers.

 

  • R&D and intellectual property: Polymed reports being granted 334 patents globally (including in the USA, Europe, Brazil, Thailand, Japan and Australia) and maintains an R&D Centre equipped for rapid prototyping (3D printing), process validation and product customisation.

 

  • Recognitions: Recent honours include Best Healthcare Brands 2024 (ET Edge), Top 75 Industrial Innovative Company of the Year 2024 and Industrial Intellectual Property Awards 2024 (CII), Medical Devices Provider of the Year 2025 (Financial Express), and Healthcare Entrepreneur of the Year 2025 for the Managing Director, Himanshu Baid (Financial Express). The company also cites recognition such as The Next 500 Companies 2023 (Fortune India) and Best Company for Technology Innovation in Healthcare 2023 (ASSOCHAM).

 

  • Market engagement: The company participated in leading global exhibitions, including Arab Health (Dubai), Medica (Germany), Hospitalar (Brazil), FIME (Miami) and ExpoMed (Turkey).

 

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Frequently Asked Questions

Polymed designs and manufactures medical devices across infusion therapy, oncology, anaesthesia and respiratory care, urology, gastroenterology, vascular access, surgery and wound drainage, dialysis and renal care, diagnostics, transfusion systems and veterinary medical devices. Its portfolio spans 200+ products for customers in India and abroad.

In India, the company operates multiple units in Faridabad (Haryana), Haridwar (Uttarakhand) and Jaipur SEZ (Rajasthan). Internationally, its footprint includes Amaro (Italy), Laiyang–Qingdao (China) and Assuit (Egypt), supported by an R&D Centre in Faridabad.

The company reports that 70% of its sales are from exports to highly regulated markets, including the EU, LATAM and South-East Asia. The remaining 30% are domestic sales in India.