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Indoco Remedies

Indoco Remedies Share Price Today (INDOCO)

NSE: INDOCOBSE 532612HealthcarePharmaceuticalswww.indoco.com
TechnicalsTV Chart
233.76
12.08−4.91%
Overall Score43/100
Day range233
₹233.76
246
52-week162
₹233.76
336
Above low+44.1%
Below high30.4%
Range position41%
Open245.25
Prev Close245.84
Bid233.73100
Ask233.79100

TODAY IN ONE LINE

INDOCO dropped 4.9% on light volume, lagging Nifty's -0.9% move, supported by recent strong earnings.

With a market cap of ₹2,159.9 Cr., it trades at a P/E of -23.83. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume70.8K61%vs 20D avg
Market Cap₹2,159.9 Cr.
Promoter58.86%
Face Value₹2
Fwd P/E17.38
PEG
EV/EBITDA26.3
P/S1.23
ROA0.38%
Beta0.82
Div Payout45.39%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score43/100
Updated 22 Jul
Each card tappable → shows formula + inputs
FLAGS & NEWS

Indoco Remedies flags & news 

Key strengths, potential risks, and recent updates.

4 green flags🚩 0 red flags

Green Flags

  • Quarterly OutperformanceLatest quarter Sales up 21.9% and Profit up 39.0%
  • High Promoter HoldingPromoters hold 58.9% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.01x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

No red flags identified

Latest Indoco Remedies News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

17 JUL 2026
corporate
Analysts/Institutional Investor Meet/Con. Call Updates - Indoco Remedies Limited has informed the Exchange about Schedule of meet
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Indoco Remedies Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Indoco Remedies Limited, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsMarket + reported · 22 Jul 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹2,159.9 Cr.
P/E Ratio
-23.83
P/B Ratio
2.41
EPS
₹-10.71
Profitability

Profitability

ROE
-9.42%
ROCE
0.93%
Net Margin
-5.31%
Op Margin
7.68%
Growth

Growth

EPS YoY
Revenue YoY
21.9%
Qtr Sales
21.9%
Qtr Profit
39%
Financial Health

Financial Health

Debt / Equity
1.16
Book Value
₹111.55
Div Yield
0.08%
Promoter Holding
58.86%
Technicals

Indoco Remedies Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Indoco Remedies Limited — derived from the live tape, not yesterday's close.

Indoco Remedies Limited last traded at ₹233.76 with an intraday range of ₹232.6–₹246 — live indicator, pivot and CPR signals below.

Last updated: 22 July 2026, 8:12 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹233.76
LevelPrice (₹)Distance% Δ
R4269.11+35.35+15.12%
R3255.71+21.95+9.39%
R2250.85+17.09+7.31%
R1242.31+8.55+3.66%
PIVOT237.453.691.58%
CURRENT233.76
S1228.91-4.85-2.08%
S2224.05-9.71-4.15%
S3215.51-18.25-7.81%
S4202.11-31.65-13.54%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 235.61P: 237.45TC: 239.30
R1
R2
R3
R4
indicator
LTP: 233.76
PDH: 248.30
PDL: 243.12
● Market Sentiment

INDOCO is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 238.28246

● Price Position

Trading Below opening range, showing Bearishness

Financials

Indoco Remedies Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Indoco Remedies Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Indoco Remedies Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,159.9 Cr. and reported EPS of ₹-10.71.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations1,665
1,845
10.8%
Sales Growth YoY %Derived-8.38%
10.84%
Other Income5
3
38.9%
Total Income1,670
1,849
10.7%
498
542
8.7%
Gross ProfitDerived1,167
1,304
11.7%
Gross Margin %Derived70.08%
70.64%
1,067
1,162
8.8%
EBITDA (Operating Profit)Derived99
142
42.9%
OPM %Derived5.96%
7.68%
181
246
35.7%
Profit Before Tax (PBT)-74
-107
43.2%
4
-8
318.2%
Effective Tax %Derived-4.81%
7.33%
Total Profit for Period-78
-99
26.6%
Less: Non-controlling Interests-4
-4
15.7%
Net Profit (Owner's PAT)Derived-74
-95
29.0%
Net Profit Margin %Derived-4.43%
-5.16%
PAT Growth YoY %Derived-174.89%
-29.03%
Earnings Per Share (EPS ₹)-7.99
-10.31
29.0%
Diluted Shares Outstanding (Cr)9
9
0.1%
Other Comprehensive Income (Net of Tax)-4
13
405.6%
Total Expenses (incl. D&A & Interest)1,745
1,955
12.1%
Material Cost % of RevenueDerived23.80%
23.06%
Employee Cost % of RevenueDerived23.67%
23.07%
Other Cost % of RevenueDerived40.45%
39.89%
Interest Coverage (x)Derived-0.22x
0.13x
Sales CAGR · 3Y
+3.4%
Sales CAGR · 5Y
+8.2%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Indoco Remedies segment analysis : revenue and profit mix.

Disclosed business segments at Indoco Remedies with their share of revenue and profit, switchable between consolidated and standalone reporting.

Indoco Remedies discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Indoco Remedies Limited.

Our AI distills the core fundamental drivers supporting Indoco Remedies Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Indoco Remedies Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Strong promoter holding of 58.86% signals insider confidence and long-term commitment.

  • TTM revenue growth of 21.90% demonstrates robust recent sales momentum despite profitability challenges.

  • Positive operating cash flow of ₹157.78 Cr latest quarter supports operational liquidity.

  • Diversified pharmaceutical portfolio across 12+ therapeutic areas reduces concentration risk.

  • 5-year revenue CAGR of 11.45% shows consistent top-line expansion trajectory.

bear case

Key Risks.

  • Negative ROE of -9.42% reflects severe shareholder value destruction and poor capital deployment.

  • Net profit margin of -5.31% TTM indicates ongoing unprofitability despite revenue growth.

  • Latest quarterly EPS of -₹1.00 FY25 versus ₹3.82 FY23 signals earnings collapse.

  • Minimal dividend yield of 0.08% offers negligible income to shareholders despite payout.

  • Total debt of ₹9,987.1 Cr with net debt ₹9,755.6 Cr limits financial flexibility significantly.

flip conditions

Flip Conditions.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.66. Balance sheet risk re-prices growth multiples fast.

  • Income thesis breaks if the dividend is cut or yield falls below 0.04%.

Shareholding

Indoco Remedies shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Indoco Remedies — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

DII17.68%0.47%
Promoters58.86%
FII1.27%0.33%
Public22.04%0.14%
Others0.14%

Ownership Distribution

Domestic Institutions
17.68%
Promoters
58.86%
Foreign Institutions
1.27%
Retail & Public
22.04%
Others
0.14%

Category Trends

Foreign Institutions Breakdown
Total Holding: 1.27%
Net Change: +0.33%
Category Total1.27%
Total Holding1.27%
Net Change+0.33%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 1.27%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
Caisse De Depot Et Placement Du Quebec - First State Investments International Limited
0.00%
0.00%
0.00%
Jun 2026
The Scottish Oriental Smaller Companies Trust PLC
0.00%
0.00%
0.00%
Jun 2026
First State Indian Subcontinent Fund
0.00%
0.00%
0.00%
Jun 2026
BARCLAYS MERCHANT BANK (SINGAPORE) LTD.
0.00%
0.00%
0.00%
Jun 2026
FIRST STATE INVESTMENTS ICVC- STEWART
0.00%
0.00%
0.00%
Jun 2026
Peers

Indoco Remedies Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Indoco Remedies Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Sun Pharmaceutical Industries Ltd
₹4.66 Lakh Cr
Best Profit Growth
Sun Pharma Advanced Research Company Limited
3047.00 %
Highest Dividend Yield
Sanofi India Limited
7.15 %

Peer Comparison

Company Name
09 · Chart Patterns

Indoco Remedies Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Indoco Remedies Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on INDOCO
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full INDOCO pattern history & scanner →
Delivery Conviction

Indoco Remedies Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Indoco Remedies Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Indoco Remedies Limited stood at 39.8% of traded volume, against a 20-day average of 40.1%.

Avg Delivery (20D)40.1%-0.3 ppt latest vs avg
Highest Delivery56.4%on 13 Jul
Avg Volume (20D)1.80 L20-day run-rate
Conviction Trend↑ Strengthening-0.3 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Indoco Remedies announcements: results, concalls, ratings, M&A.

Filings Indoco Remedies sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Indoco Remedies files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 89 documents below.

  1. 17 Jul 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Indoco Remedies Limited has informed the Exchange about Schedule of meet

  2. 07 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Indoco Remedies Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  3. 29 Jun 2026Trading WindowView PDF

    Trading Window

    Indoco Remedies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations,…

  4. 26 Jun 2026Press ReleaseView PDF

    Press Release

    Indoco Remedies Limited has informed the Exchange regarding a press release dated Jun 26, 2026, titled "Indoco Remedies Goa Plant successfully clears…

  5. 28 May 2026Press ReleaseView PDF

    Press Release

    Indoco Remedies Limited has informed the Exchange regarding a press release dated May 28, 2026, titled "Indoco's formulation plant at Baddi (Plant…

Corporate Actions

Indoco Remedies dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Indoco Remedies has declared, sequenced by announce and record date.

Indoco Remedies corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Indoco Remedies insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Indoco Remedies as reported to SEBI — buying and selling signals from the people who know the business best.

Indoco Remedies insider activity below tracks 14 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Shanteri Investment Pvt LtdInsider19 Mar 2025buy+12.2 K₹27.9 L₹229.59
Shanteri Investment Pvt LtdInsider18 Mar 2025buy+26.0 K₹56.87 L₹218.74
Shanteri Investment Pvt LtdInsider11 Mar 2025buy+2.6 K₹5.78 L₹222.23
Shanteri Investment Pvt LtdInsider10 Mar 2025buy+19.3 K₹44.59 L₹231.04
Shanteri Investment Pvt LtdInsider07 Mar 2025buy+8.2 K₹19.16 L₹235.00
Shanteri Investment Pvt LtdInsider05 Mar 2025buy+9.4 K₹21.21 L₹224.49
Shanteri Investment Pvt LtdInsider04 Mar 2025buy+9.4 K₹21.13 L₹224.79
MADHURA SURESH KAREInsider14 Feb 2025buy+10.0 K₹24.93 L₹249.25
MADHURA SURESH KAREInsider11 Feb 2025buy+9.5 K₹24.69 L₹259.85
Sundeep V BambolkarInsider28 Jan 2025buy+4.0 K₹10.04 L₹251.02
About the Company

About Indoco Remedies Limited: business, sector, key facts.

What Indoco Remedies Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Indoco Remedies Limited operates in the Pharmaceuticals industry under the Healthcare sector, listed as NSE: INDOCO, BSE: 532612.

INDOCO
Healthcare

Indoco Remedies Limited

NSE · INDOCO·BSE · 532612·www.indoco.com

Indoco Remedies Limited is a diversified pharmaceutical company headquartered in Mumbai, India, with a history dating back to 1945. Its core business is the manufacture, marketing, and sale of pharmaceutical formulations and active pharmaceutical ingredients (APIs) both domestically in India and internationally. Their product portfolio spans a wide range of therapeutic areas, catering to diverse health needs.

The company's pharmaceutical offerings encompass a broad spectrum of therapeutic categories. These include products for stomatological (dental), gastrointestinal, respiratory, and anti-infective treatments. They also manufacture vitamins, minerals, and nutrients; ophthalmological and dermatological products; urological, anti-diabetic, and gynaecological medications; lifestyle management aids; pain and analgesic treatments; and cardiac medications. Their branded generics include analgesic tablets and topical preparations, anti-hypertensives, protein supplements, multivitamins, antibiotics, oral rehydration solutions, antacids, antihistamines, anti-haemorrhoidal creams, and calcium preparations.

Beyond its pharmaceutical production, Indoco Remedies offers a substantial suite of analytical and contract research services. Their analytical services provide crucial support to the pharmaceutical industry, encompassing impurity profiling, particle size analysis, polymorphism and compatibility studies, heavy metal analysis, extractables and leachables testing, lyophilization studies, reference standard development, forced degradation studies, and chromatographic method development and validation. This signifies a commitment to quality control and research within the broader pharmaceutical sector.

Furthermore, Indoco extends its services into engineering and contract research. The company provides engineering services including architectural design, lighting, mechanical and utility engineering, project and construction management, electrical and control systems, piping, structural design, data transfer system design and process engineering. Their contract research capabilities encompass custom synthesis of molecules and intermediates, process chemistry research and development, non-infringing process design and scale-up, and analytical method development and validation solutions. This integrated approach allows Indoco to offer comprehensive solutions to clients, ranging from initial research and development to large-scale manufacturing and analytical testing.

In summary, Indoco Remedies Limited operates a multifaceted business model, combining pharmaceutical product development and manufacturing with comprehensive analytical and engineering services, along with contract research and manufacturing capabilities. This diversified approach allows them to participate across numerous stages of the pharmaceutical value chain, both domestically and internationally.

company facts
Employees6,000
SectorHealthcare
HeadquartersMumbai, India
Market Cap₹2,159.9 Cr.
Listed OnNSE
leadership20 on record
Dr. Anand Nadkarni
Non-Executive Non-Independent Director
Dr. Kavita Inamdar
Chief Technical Officer
Dr. Vasudha Kamat
Independent Non-Executive Director
Mr. Abhijit Gore
Independent Non-Executive Director
Mr. Ajay Karajagi
President of Sales & Marketing
Mr. Ajay Mulgaokar
Additional Non-Executive Independent Director
Mr. Dileep Mahajan
Vice President of Operations
Mr. Pramod Ghorpade
Chief Financial Officer
Mr. Pramod Ghorpade
Chief Financial Officer
Mr. Rajan B Saawant
Vice President of Corporate HR
Mr. Rajesh Usgaonker
Chief Marketing Officer
Mr. Ramanathan Hariharan
Compliance Officer, Company Secretary, Head - Legal
§ ∞ · Plainly Answered

Questions investors ask about Indoco Remedies Limited (INDOCO).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Indoco Remedies Limited (INDOCO)?

The current share price of Indoco Remedies Limited (INDOCO) is ₹233.76. Today, the stock has declined by ₹12.08 (4.91%), trading in a range of ₹232.6 to ₹246. The stock opened at ₹245.25 with a trading volume of 70,807 shares.

02Is Indoco Remedies Limited stock a good investment for long-term?

Indoco Remedies Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,159.9 crores, P/E ratio of -23.83, ROE of -9.42%, and ROCE of 0.93%. The dividend yield stands at 0.08%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Indoco Remedies Limited stock?

The 52-week high price of Indoco Remedies Limited (INDOCO) is ₹336, while the 52-week low is ₹162.19. Currently trading at ₹233.76, the stock is 41.2% away from its 52-week low and 30.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Indoco Remedies Limited stock at the current price?

Whether to buy Indoco Remedies Limited stock at ₹233.76 depends on multiple factors. The stock is currently trading with a P/E ratio of -23.83 and P/B ratio of 2.41. Today's performance shows a loss of 4.91%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Indoco Remedies Limited and when is the next dividend?

Indoco Remedies Limited offers a dividend yield of 0.08%, which means for every ₹100 invested at the current price of ₹233.76, you can expect to receive approximately ₹0.08 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Indoco Remedies Limited?

Indoco Remedies Limited's key financial metrics include: P/E Ratio: -23.83, P/B Ratio: 2.41, ROE: -9.42%, ROCE: 0.93%, Dividend Yield: 0.08%, EPS: ₹-10.71, Book Value: ₹111.55, and Debt-to-Equity: 1.16. The company's market cap stands at ₹2,159.9 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Indoco Remedies Limited stock performing today in the market?

Indoco Remedies Limited stock opened at ₹245.25 and is currently trading at ₹233.76, showing a decline of ₹12.08 (4.91%). The intraday high is ₹246 and low is ₹232.6. The trading volume stands at 70,807 shares, indicating moderate market participation today.

08What is the P/E ratio of Indoco Remedies Limited and what does it indicate?

Indoco Remedies Limited has a Price-to-Earnings (P/E) ratio of -23.83, which means investors are willing to pay ₹-23.83 for every ₹1 of earnings. With an EPS of ₹-10.71, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Indoco Remedies Limited (INDOCO) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.