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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Indoco Remedies Limited

INDOCONSEHealthcare
₹219.49
+2.80 (+1.29%)
Sell

Valuation (93/100) does the heavy lifting; quality (10/100) is the drag.

Buy zoneSolvency risk
The bottom line

Our blended model reads Indoco Remedies Limited as a Sell at 40/100. We put fair value near ₹438.98; at ₹219.49 that leaves roughly 100% upside, so the stock screens undervalued by 100%. On 17.4x trailing earnings it sits cheaper than the Healthcare median of about 37.6x. The price is about 31% below its 52-week high of ₹317.62 and 34% above the low of ₹164. Financial health scores 23/100, in the grey band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹276.25 implies about 26% upside across 4 analysts. It clears 3 of 12 investability checks, with durability 10, valuation 85 and momentum 23 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹438.98up 100.00%
Undervalued by 100%
Price ₹219.49Range ₹125.35₹474.1
DCF + relative blendlow confidence

With a 20% margin of safety, our buy-below price is ₹351.18. Low-confidence estimate — limited data.

Analyst views

4 analysts1 buy · 2 hold · 1 sell
12-month consensus target₹276.25up 25.86%

1-year price

EOD · 2026-07-31
1D
up 1.29%
1W
down 9.83%
1M
down 10.05%
3M
up 1.97%
6M
up 3.09%
1Y

52-week range

-30.90% from the 52-week high.

Trend check
Below 50-DMA₹231Below 200-DMA₹228

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell40
F
Financial health 23/100
Altman Z 1.93 · Grey zone

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

Our scores

Durability10
Valuation85
Momentum23

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

Investability checklist

Passed 3 of 12 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: -10.1%
  • Fail: Low debt (D/E < 0.5): 1.17x
  • Fail: Positive free cash flow
  • Pass: Revenue growth > 10%: 22%
  • No data: Earnings growing
  • Fail: Net margin ≥ 10%: -5.2%
  • Fail: Current ratio > 1.5: 1.13
  • Pass: Below our fair value
  • Pass: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Fail: Altman Z in safe zone: Z 1.93
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 4Q2025
₹445 Cr
Net profit
₹-24 Cr
Margin
-5%
1Q2025
2Q2025
3Q2025
4Q2025
Revenue Net profitLatest revenue QoQ -8%

Annual financials

Revenue · 2026
₹1,845 Cr
Net profit
₹-92 Cr
Margin
-5%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +11%

Shareholding

  • Promoter60.9%
  • Institutions19.7%
  • Public & other19.4%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹2,186 Cr
P/E ratio
17.4
P/B ratio
2.13
EPS (TTM)
₹-10.69
ROE
-10.1%
Debt / Equity
1.17x
Profit margin
-5.2%
Free cash flow
₹-94 Cr
52-week high
₹317.62
-30.90% from high
52-week low
₹164
Dividend yield
0.1%
Beta
0.57
SWOT snapshot

Bull case vs bear case

Bull case

Opportunities

  • Revenue growing (22% YoY).
  • Trading in our value buy zone versus sector peers.
  • Trades ~100% below our estimated fair value.

Bear case

Weaknesses

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

About Indoco Remedies Limited

Indoco Remedies Limited manufactures and markets pharmaceutical formulations and active ingredients for domestic and international markets. Its product portfolio spans gastrointestinal, anti-infective, respiratory, dental, vitamin and mineral, urological, ophthalmological and dental, dermatological, pain relief, cardiac, anti-diabetic, and gynecological therapies, including branded generic analgesics and topical treatments.

Indoco Remedies Limited — frequently asked questions

Is Indoco Remedies Limited a buy, hold or sell?

StocksWizard currently rates Indoco Remedies Limited (INDOCO) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Indoco Remedies Limited's fair value?

Our blended DCF and relative-valuation model estimates Indoco Remedies Limited's fair value at about ₹438.98, versus a current price of ₹219.49 — roughly 100% upside. On that basis the stock looks undervalued by 100%.

Is Indoco Remedies Limited financially healthy?

Indoco Remedies Limited scores 23/100 on our financial-health model, placing it in the grey band on the Altman Z-score, with a Piotroski F-score of 4/9.

How has Indoco Remedies Limited's share price performed?

Indoco Remedies Limited is up 2% over three months, and last traded at ₹219.49. Past performance doesn't predict future returns.

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.