EMCURE vs INDOCO: Stock Comparison

Emcure Pharmaceuticals Limited vs Indoco Remedies Limited

Live data: 22 July 2026, 2:52 PM IST • Source: NSE and company filings

Emcure Pharmaceuticals Limited is the larger company by market capitalisation. Emcure Pharmaceuticals Limited shows a higher ROE, a higher dividend yield and lower leverage, while Indoco Remedies Limited shows a lower P/E and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Emcure Pharmaceuticals Limited and Indoco Remedies Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, EMCURE is more favourable on 8 of 13 scored metrics and INDOCO on 5These counts are context-free and are not an overall rating.

Key Differences

Market Cap
EMCURE is the larger company
₹35,904 Cr vs ₹2,160 Cr
P/E Ratio
INDOCO has a lower P/E
-23.83x vs 39.68x
P/B Ratio
INDOCO has a lower P/B
2.41x vs 7.41x
EPS
EMCURE has higher earnings per share
₹48.76 vs ₹-10.71
Dividend Yield
EMCURE has a higher dividend yield
0.16% vs 0.08%
Revenue Growth (TTM YoY)
INDOCO has faster revenue growth
21.9% vs 16.7%
EPS Growth (TTM YoY)
EMCURE has faster EPS growth
28.8% vs 0%
Qtr Sales Growth
INDOCO has stronger quarterly sales growth
21.9% vs 16.7%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricEMCUREINDOCO
SectorHealthcareHealthcare
IndustryPharmaceuticalsPharmaceuticals

Price

MetricEMCUREINDOCO
Live Price₹1,896₹233.99
Day Change-1.48%-4.82%
Volume93,90771,688
52-Week High₹1,944₹336
52-Week Low₹1,260₹162.19
Distance from 52W High-2.47%-30.36%

Valuation

MetricEMCUREINDOCO
Market Cap₹35,904 Cr₹2,160 Cr
P/E Ratio39.68x-23.83x
P/B Ratio7.41x2.41x
EPS₹48.76₹-10.71
Book Value₹261.12₹111.55
Dividend Yield0.16%0.08%

Growth

MetricEMCUREINDOCO
Revenue Growth (TTM YoY)16.7%21.9%
EPS Growth (TTM YoY)28.8%0%
Qtr Sales Growth16.7%21.9%
Qtr Profit Growth21%39%

Profitability & Leverage

MetricEMCUREINDOCO
ROE20.1%-9.42%
ROCE24%0.93%
Net Margin10.04%-5.31%
Operating Margin20.3%7.68%
Debt to Equity0.31x1.16x

Shareholding

As of Mar 2026 • change vs previous quarter
MetricEMCUREINDOCO
Promoter Holding77.64% 0.01 pp58.86%
FII Holding3.35% 0.24 pp1.27% 0.33 pp
DII Holding6.1%17.68% 0.47 pp
Public Holding12.68% 0.24 pp22.04% 0.14 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Emcure Pharmaceuticals Limited and Indoco Remedies Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.