Indoco Remedies Key Ratios
NSE: INDOCO | BSE: 532612
₹243.34
As on 31-Aug-2026IST
Market cap
₹2,247 Cr
Revenue (TTM)
₹1,873 Cr
P/E Ratio
399.1
P/B Ratio
2.3
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -1.71 | 6.33 | 11.96 | 3.55 | 6.73 |
| EBIT | -62.31 | 153.33 | 172.38 | -45.09 | -28.83 |
| Net Profit | 34.05 | 54.16 | 35.53 | -182.85 | -191.17 |
| EPS | 400.33 | 281.49 | 105.00 | -64.77 | -45.42 |
| Book Value | -- | -- | -8.26 | -3.23 | 3.90 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 4.57 | 7.32 | 1.82 | 0.58 | -0.88 |
| Net Margin
| 1.85 | 2.77 | 0.17 | -5.32 | -4.67 |
| Return on equity
| 3.18 | 4.97 | -7.59 | -10.13 | -7.34 |
| Return on Capital
| 6.65 | 10.43 | -- | 0.79 | -0.43 |
| Return on Assets
| 1.88 | 3.39 | 0.12 | -3.92 | -3.38 |
| Debt to Equity (x)
| -- | -- | 0.55 | 1.11 | 0.96 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
0.79
|
-0.43
|
11.25
|
17.50
|
|
Peer Median
|
--
|
15.48
|
16.46
|
15.49
|
--
|
ROE
-7.59
Lower than Peers by 17.53
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
-7.59
|
-10.13
|
-7.34
|
9.09
|
14.72
|
|
Peer Median
|
9.94
|
12.68
|
13.87
|
14.72
|
--
|
ROA
0.12
Lower than Peers by 7.13
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
0.12
|
-3.92
|
-3.38
|
4.98
|
8.64
|
|
Peer Median
|
7.26
|
7.69
|
8.04
|
7.19
|
--
|
EBIT Margin
1.82
Lower than Peers by 7.73
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
1.82
|
0.58
|
-0.88
|
7.95
|
12.91
|
|
Peer Median
|
9.55
|
15.68
|
10.05
|
10.28
|
--
|
Net Margin
0.17
Lower than Peers by 8.47
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
0.17
|
-5.32
|
-4.67
|
5.28
|
8.51
|
|
Peer Median
|
8.64
|
11.16
|
9.11
|
6.78
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
1.50
|
2.16
|
10.39
|
12.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.96
Higher than Peers by 5.72
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
11.96
|
10.84
|
-8.38
|
8.91
|
8.30
|
|
Peer Median
|
6.24
|
15.05
|
7.17
|
10.56
|
--
|
EBIT Growth
172.38
Higher than Peers by 172.44
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
172.38
|
173.59
|
-110.09
|
-32.90
|
-12.88
|
|
Peer Median
|
-0.06
|
19.88
|
12.05
|
6.17
|
--
|
Net Profit Growth
35.53
Higher than Peers by 27.95
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
35.53
|
-26.60
|
-180.36
|
-31.81
|
-8.11
|
|
Peer Median
|
7.58
|
19.11
|
22.15
|
27.97
|
--
|
EPS Growth
105.00
Higher than Peers by 102.82
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
105.00
|
-28.94
|
-174.84
|
-30.81
|
-8.11
|
|
Peer Median
|
2.18
|
23.11
|
8.80
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
-8.21
|
-8.14
|
7.67
|
13.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.55
Higher than Peers by 0.53
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
0.55
|
1.11
|
0.96
|
0.59
|
0.31
|
|
Peer Median
|
0.02
|
0.12
|
0.03
|
0.05
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
0.40
|
0.35
|
0.23
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.13
Lower than Peers by 1.31
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
1.13
|
1.11
|
1.24
|
1.53
|
1.81
|
|
Peer Median
|
2.45
|
2.48
|
2.20
|
1.93
|
--
|
Quick Ratio
0.75
Lower than Peers by 0.97
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
0.75
|
0.73
|
0.72
|
0.98
|
1.13
|
|
Peer Median
|
1.72
|
1.82
|
1.72
|
1.59
|
--
|
Interest Coverage
1.06
Lower than Peers by 8.65
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
1.06
|
0.13
|
-0.12
|
4.48
|
8.63
|
|
Peer Median
|
9.71
|
13.67
|
12.28
|
12.45
|
--
|
Operating Efficiency
Debtors to sales
26.11
Lower than Peers by 0.80
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
26.11
|
26.51
|
21.17
|
22.35
|
21.03
|
|
Peer Median
|
26.91
|
30.65
|
26.23
|
23.97
|
--
|
Asset Turnover
0.75
Higher than Peers by 0.07
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
0.75
|
0.73
|
0.72
|
0.93
|
1.01
|
|
Peer Median
|
0.67
|
0.70
|
0.74
|
0.88
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
83.23
|
83.16
|
76.04
|
70.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
81.55
|
84.67
|
68.19
|
69.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
174.05
|
132.53
|
90.44
|
89.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
--
|
-9.27
|
35.30
|
53.79
|
50.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
399.05
Higher than Peers by 343.97
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
399.05
|
--
|
--
|
30.76
|
21.09
|
|
Peer Median
|
55.08
|
55.08
|
39.17
|
40.74
|
--
|
Price / Book Value
2.25
Lower than Peers by 2.25
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
2.25
|
1.63
|
2.12
|
2.74
|
2.92
|
|
Peer Median
|
4.51
|
4.88
|
3.61
|
3.87
|
--
|
Dividend Yield
0.08
Lower than Peers by 0.07
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
0.08
|
0.12
|
0.09
|
0.46
|
0.69
|
|
Peer Median
|
0.15
|
0.15
|
0.19
|
0.20
|
--
|
EV/EBITDA
19.21
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
19.21
|
17.39
|
29.73
|
14.34
|
11.44
|
|
Peer Median
|
--
|
42.08
|
28.79
|
25.41
|
--
|
Market Cap
2,247
Lower than Peers by 3,535
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Indoco Remedies
|
2,247
|
1,522
|
2,152
|
3,028
|
3,000
|
|
Peer Median
|
5,782
|
5,782
|
3,944
|
2,959
|
--
|