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Intrinsic value · Buy/Sell verdict · scores — free· 1088 Nifty 500 stocks· EOD 2026-06-16

Indoco Remedies Limited

INDOCO · NSE · Healthcare

₹232.97
-6.60 (-2.75%)
Our verdictSolvency risk
Sell40/100
Quality10
Valuation93
Momentum53
Financial trend80
Intrinsic value
Our fair value
₹416.77
Undervalued by 79%
Price ₹232.97Range ₹125.35₹465.94

With a 20% margin of safety, our buy-below price is ₹333.41.

F
Financial health 23/100
Altman Z 1.92 · Grey zone

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Investability checklist

Passed 4 of 12 checks33/100
  • ROE above 15%-10.1%
  • Low debt (D/E < 0.5)1.17x
  • Positive free cash flow
  • Revenue growth > 10%22%
  • Earnings growing
  • Net margin ≥ 10%-5.2%
  • Current ratio > 1.51.13
  • Below our fair value
  • Margin of safety ≥ 20%
  • Above 200-day average
  • Above 50-day average
  • Positive 1-year return
  • Altman Z in safe zoneZ 1.92
  • Piotroski ≥ 74/9

1-year price

EOD · 2026-06-16
1W
+13.2%
1M
+8.2%
3M
+18.7%
6M
-2.7%
1Y

Our scores

Durability10
Valuation85
Momentum53

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Quarterly results

1Q2025
₹390 Cr-10%
2Q2025
₹429 Cr-8%
3Q2025
₹485 Cr-2%
4Q2025
₹445 Cr-5%
Revenue Net profitRevenue 4-period change +14%

Annual financials

2023
₹1,669 Cr9%
2024
₹1,817 Cr6%
2025
₹1,665 Cr-4%
2026
₹1,845 Cr-5%
Revenue Net profitRevenue 4-period change +11%

Shareholding

Promoter60.9%
Institutions18.1%
Public & other21.0%

Promoter holding via insider stake; institutional via reported holdings.

Analyst views

4 analysts1 buy · 2 hold · 1 sell
12-month consensus target₹276.25+19%
Low ₹250High ₹325

Key fundamentals

Market cap
₹2,147 Cr
P/E ratio
17.1
P/B ratio
2.09
EPS (TTM)
₹-10.71
ROE
-10.1%
Debt / Equity
1.17x
Profit margin
-5.2%
Free cash flow
₹-94 Cr
52-week high
₹338.86
-31.25% from high
52-week low
₹164
Dividend yield
0.1%
Beta
0.57

SWOT snapshot

Weaknesses

  • Low return on equity (-10.1%).
  • Price below its 200-day moving average (downtrend).

Opportunities

  • Revenue growing (22% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~79% below our estimated fair value.

About Indoco Remedies Limited

Indoco Remedies Limited manufactures and markets formulations and active pharmaceutical ingredients in India and internationally. It offers products for gastrointestinal, anti-infectives, respiratory, stomatological, vitamins/minerals/nutrients, urological, ophthal/ontological, dermatology, pain/analgesic, cardiac, anti-diabetic, and gynaecological therapeutic areas. The company also provides branded generics comprising analgesic tablets and topical preparations; anti-hyperte

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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.