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POLYMED - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.6

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 3.6

Stock Code POLYMED Market Cap 15,327 Cr. Current Price 1,512 ₹ High / Low 2,938 ₹
Stock P/E 44.2 Book Value 285 ₹ Dividend Yield 0.23 % ROCE 18.2 %
ROE 14.2 % Face Value 5.00 ₹ DMA 50 1,427 ₹ DMA 200 1,700 ₹
Chg in FII Hold -3.49 % Chg in DII Hold 1.76 % PAT Qtr 83.4 Cr. PAT Prev Qtr 89.0 Cr.
RSI 60.8 MACD 44.1 Volume 62,003 Avg Vol 1Wk 1,26,268
Low price 1,182 ₹ High price 2,938 ₹ PEG Ratio 1.43 Debt to equity 0.08
52w Index 18.8 % Qtr Profit Var -2.04 % EPS 33.8 ₹ Industry PE 38.8

📊 POLYMED shows moderate fundamentals with ROE at 14.2% and ROCE at 18.2%, reflecting fair capital efficiency. EPS of 33.8 ₹ supports profitability, and debt-to-equity ratio of 0.08 indicates a strong balance sheet with minimal leverage. The P/E ratio of 44.2 is higher than the industry average of 38.8, suggesting mild overvaluation. PEG ratio of 1.43 indicates reasonable valuation relative to growth. Dividend yield is modest at 0.23%. PAT declined slightly (89 Cr. → 83.4 Cr.), highlighting earnings pressure. Technical indicators (RSI 60.8, MACD 44.1) show bullish momentum, though trading volumes are below weekly averages.

💰 Ideal Entry Price Zone: 1,450 ₹ – 1,470 ₹, near DMA 50 (1,427 ₹), offering margin of safety.

📈 Long-Term Holding Guidance: POLYMED is suitable for medium-to-long-term holding (3–5 years) given stable fundamentals, low debt, and reasonable PEG ratio. Investors may consider partial profit booking near 1,650–1,680 ₹ (resistance around DMA 200) if valuations stretch without earnings support.


✅ Positive

  • Debt-to-equity ratio of 0.08 ensures financial stability.
  • PEG ratio of 1.43 indicates fair valuation relative to growth.
  • DII holdings increased (+1.76%), reflecting domestic institutional support.
  • Technical indicators (RSI 60.8, MACD 44.1) show bullish momentum.

⚠️ Limitation

  • P/E (44.2) higher than industry average (38.8), suggesting mild overvaluation.
  • Dividend yield modest at 0.23%.
  • Quarterly PAT declined from 89 Cr. to 83.4 Cr.
  • Trading volume below weekly average, showing reduced liquidity.

📉 Company Negative News

  • FII holdings decreased (-3.49%), showing reduced foreign investor confidence.
  • Quarterly profit decline highlights earnings pressure.

📈 Company Positive News

  • DII holdings increased (+1.76%), reflecting domestic support.
  • EPS of 33.8 ₹ supports profitability.
  • Debt levels remain very low, enhancing financial stability.

🏭 Industry

  • Industry P/E at 38.8 is lower than POLYMED’s 44.2, highlighting mild premium valuation.
  • Medical devices and healthcare sector supported by rising demand and innovation.

🔎 Conclusion

POLYMED is moderately strong with fair fundamentals, low debt, and reasonable PEG ratio. Entry near 1,450–1,470 ₹ offers margin of safety. Suitable for medium-to-long-term investors, with profit booking advisable near 1,650–1,680 ₹ if valuations stretch without earnings support.

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