INDOCO vs SHILPAMED: Stock Comparison

Indoco Remedies Limited vs Shilpa Medicare Limited

Live data: 22 July 2026, 2:53 PM IST • Source: NSE and company filings

Shilpa Medicare Limited is the larger company by market capitalisation. Indoco Remedies Limited shows a lower P/E, while Shilpa Medicare Limited shows a higher ROE, faster revenue growth and lower leverage. 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 Indoco Remedies Limited and Shilpa Medicare 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, INDOCO is more favourable on 2 of 13 scored metrics and SHILPAMED on 10These counts are context-free and are not an overall rating.

Key Differences

Market Cap
SHILPAMED is the larger company
₹12,107 Cr vs ₹2,160 Cr
P/E Ratio
INDOCO has a lower P/E
-23.83x vs 51.29x
P/B Ratio
INDOCO has a lower P/B
2.41x vs 4.82x
EPS
SHILPAMED has higher earnings per share
₹12.44 vs ₹-10.71
Revenue Growth (TTM YoY)
SHILPAMED has faster revenue growth
31.5% vs 21.9%
EPS Growth (TTM YoY)
SHILPAMED has faster EPS growth
644.6% vs 0%
Qtr Sales Growth
SHILPAMED has stronger quarterly sales growth
32.1% vs 21.9%
Qtr Profit Growth
SHILPAMED has stronger quarterly profit growth
148% vs 39%

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

Profile

MetricINDOCOSHILPAMED
SectorHealthcareHealthcare
IndustryPharmaceuticalsPharmaceuticals

Price

MetricINDOCOSHILPAMED
Live Price₹233.99₹616.4
Day Change-4.82%-3.69%
Volume71,6884.54 L
52-Week High₹336₹860
52-Week Low₹162.19₹259.5
Distance from 52W High-30.36%-28.33%

Valuation

MetricINDOCOSHILPAMED
Market Cap₹2,160 Cr₹12,107 Cr
P/E Ratio-23.83x51.29x
P/B Ratio2.41x4.82x
EPS₹-10.71₹12.44
Book Value₹111.55₹132.46
Dividend Yield0.08%0.08%

Growth

MetricINDOCOSHILPAMED
Revenue Growth (TTM YoY)21.9%31.5%
EPS Growth (TTM YoY)0%644.6%
Qtr Sales Growth21.9%32.1%
Qtr Profit Growth39%148%

Profitability & Leverage

MetricINDOCOSHILPAMED
ROE-9.42%9.4%
ROCE0.93%11%
Net Margin-5.31%15.82%
Operating Margin7.68%28.2%
Debt to Equity1.16x0.25x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricINDOCOSHILPAMED
Promoter Holding58.86%40.13%
FII Holding1.27% 0.33 pp11.38% 0.3 pp
DII Holding17.68% 0.47 pp8.05% 0.53 pp
Public Holding22.04% 0.14 pp40.43% 0.22 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: Indoco Remedies Limited and Shilpa Medicare 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.