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Earnings Call

Poly Medicure Earnings Call: Key Takeaways

Poly Medicure (Polymed) reported FY26 consolidated revenue growth of 12.3% YoY. The company is transitioning towards high-end technology segments like Cardiology and Orthopaedics through strategic European acquisitions (Citieffe, PendraCare).

Why this was an Alfa AlertNot a filter event. Performance was in-line with management's 25-27% EBITDA guidance and 21% H2 revenue growth guidance.
Highlights
Revenue growth12.3% YoY consolidated FY26; 21.3% YoY Q4 FY26.
MarginsGross margin expanded 130bps in FY26 via product mix optimization.
Demand visibilityStrong; cumulative stent deployments surpassed ~11K units.
Management confidenceHigh; citing 21% sequential H1 to H2 growth in-line with guidance.

Growth

FY26 Consolidated Revenue reached ₹1,875.3 Cr (up 12.3%); Consolidated PAT was ₹320.7 Cr (down 5.3% due to acquisition costs/subsidiary provisions).

Outlook

Guidance for FY27 patient enrollment in clinical trials; capex of ₹296 Cr in FY26; focused on Cardiology/Orthopaedics expansion.

Risks

Q4 EBITDA impacted by one-time regulatory and employee costs in subsidiaries; global supply chain and pricing challenges.

Source

Earnings Call filed with BSE, NSE: POLYMED. Summary written with AI assistance from the document.

Read the document ↗

Poly Medicure Ltd: key numbers

Share price
₹1,724.40
Market cap
₹17,479 Cr
Revenue (annual)
₹1,875 Cr
Net profit (annual)
₹322.1 Cr
P/E (TTM)
55.5×Sector 57.8×
Promoter holding
62.42%+0.00% QoQ
FII holding
5.56%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Poly Medicure Earnings Call: Key Takeaways

Poly Medicure reported FY26 consolidated revenue of ₹1,875cr (up 12.3%) and standalone EBITDA of ₹446cr (26.8% margin). The company is transitioning from product-focused to therapy-focused segments like Cardiology and Renal.