Medical device company share price zooms 47% in 1 month. Do you own?

Poly Medicure, a leading medical device company with a dominant position in India's medical consumables market, rallied 5 per cent to ₹2,922 on the BSE in Wednesday's intra-day trade.

SRL Diagnostics, Agilus Diagnostics, Anand K, marketing spend, pharma
Deepak Korgaonkar Mumbai
3 min read Last Updated : May 07 2025 | 11:37 AM IST
Poly Medicure share price today: Shares of Poly Medicure, a leading medical device company with a dominant position in India's medical consumables market, rallied 5 per cent to ₹2,922 on the BSE in Wednesday’s intra-day trade after it reported a healthy financial performance for the quarter ended March 2025 (Q4FY25). 
 
The stock price of the company is trading at its highest level in calendar year 2025. It had hit a 52-week high of ₹3,350 touched on November 1, 2024. In the past one month, the stock price of Poly Medicure has zoomed 47 per cent, as compared to 2.6 per cent rise in the BSE Sensex.
 
At 10:31 am; Poly Medicure was trading 4 per cent higher at ₹2,884.90, as against 0.11 per cent decline in the benchmark index.
 
Poly Medicure Q4 result
 
Revenue from operations increased by 17 per cent to ₹440.80 crore in Q4FY25 over the previous year quarter. Export revenue growth was driven by continued strong performance in key international markets. Geopolitical tensions and tariff war has created short term demand uncertainty in certain export markets, the company said.
 
Earnings before interest, taxes, depreciation, and amortisation (Ebitda) grew by 24 per cent to ₹119.5 crore in Q4FY25 on a YoY basis, reflecting strong earnings capability from core operations. Ebitda margin has improved by 160 bps to 27 per cent in Q4FY25. Profit after tax increased by 34 per cent in Q4FY25. 
 
Management commentary
 
The current ongoing geopolitical condition as well as uncertainty created due to US imposed tariffs may create short term pressure on demand in certain export markets. The management believes that the India MedTech sector is well-positioned to benefit from this situation on a longer term basis as global customers look to create alternate supply chains.
 
The company’s investment in 3 new plants is going on strongly, which the management believes positions the company very strongly to achieve the significant growth opportunities.
 
Crisil’s view on Poly Medicure
 
Continuous capacity addition and product innovation and development will support revenue growth over the medium term as well. Ebitda margin is expected to remain stable at 26-27 per cent over the medium term. The margin should be supported by better economies of scale, which in turn will be led by steady capacity utilisation, modernisation of facilities and cost-cutting initiatives.
 
The PolyMed group will continue to benefit from its healthy market position in the medical devices industry and continuous focus on product development. Further diversification in product portfolio, lowering dependence on core products, will be a key monitorable.  ALSO READ: Operation Sindoor: Pakistan stock market bleeds, Karachi index tanks 5.5% 
 
About Poly Medicure
 
Poly Medicure is a leading medical device manufacturer and exporter from India, with its products sold in over 125 countries, making a significant global impact on healthcare. With a robust portfolio of over 200 medical devices and more than 300 patents, Polymed offers a comprehensive range of medical devices across 12 medical therapies, including infusion therapy, vascular access, dialysis and renal care, critical care, cardiology, oncology, transfusion, diagnostics, gastroenterology, anaesthesia and respiratory care, urology, and surgery and wound management.
 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Share Market TodayStock Market TodayBuzzing stocksPoly Medicurestock market tradingMarket trendsIndian pharmaMarkets Sensex NiftyBSE NSE equity

First Published: May 07 2025 | 11:37 AM IST

Next Story