Poly Medicure Limited

Manufacturer of disposable medical items, including IV cannulas, blood bags, and catheters. Operates five units in India.

1995 | Delhi (India) | Active
Last Updated:

Poly Medicure Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 50.65 Cr
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 268.18 Cr
  • Satisfied Charges ₹ 88.82 Cr
  • Revenue Growth 20.29%
  • Profit Growth 22.62%
  • Ebitda 24.67%
  • Net Worth 14.59%
  • Total Assets 15.28%

About Poly Medicure

Poly Medicure Limited (PML) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 1995 and has a history of 30 years and one month. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531768 and on the National Stock Exchange(NSE) under POLYMED.

The Corporate was formerly known as Polymedicure Limited. The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 50.65 Cr.

The company currently has active open charges totaling ₹268.18 Cr. The company has closed loans amounting to ₹88.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Poly Medicure Limited India are Naresh Vijayvergiya as Cfo, Avinash Chandra as Company Secretary, and Ravi Prakash as Company Secretary. Vimal Bhandari, Himanshu Baid, Rishi Baid, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40300DL1995PLC066923

  • Company No.

    066923

  • Stock Symbol

    BSE : 531768 NSE : POLYMED

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1995

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Healthcare

What products or services does Poly Medicure Limited offer?

Poly Medicure Limited offers a wide range of products and services, including Surgical & ICU Equipments, Dialysis Machine, Ventilator Parts & Consumables, Infusion Syringes & Supplies, Medical Tubes, Surgical & Medical Consumables, Surgical Disposables, Blood Collection Tubes, Sodium Citrate Tube, Fluoride Tubes.

Company report

Poly Medicure Limited

Explore comprehensive data for Poly Medicure Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Poly Medicure?

Executive Team (4)

NameDesignationAppointment DateStatus
Himanshu Baid Country flag representing In Managing Director30-Mar-1995Current
Avinash Chandra Country flag representing In Company Secretary01-May-2015Current
Naresh Vijayvergiya CFO01-Jul-2021Current
Ravi Prakash Company Secretary24-May-2022Current

Board Members (11)

NameDesignationAppointment DateStatus
Sonal Mattoo Country flag representing In Director 29-Aug-2020Current
Amit Khosla Country flag representing In Director 05-Jun-2020Current
Vimal Bhandari Country flag representing In Director 08-Aug-2024Current
Rishi Baid Country flag representing In Whole-Time Director 30-Mar-1995Current
Jugal Baid Country flag representing In Director 10-May-1995Current
Vishal Gupta Country flag representing In Additional Director 15-Nov-2024Current

Financial Performance of Poly Medicure.

Poly Medicure Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.29% increase. The company also saw a substantial improvement in profitability, with a 22.62% increase in profit. The company's net worth Soared by an impressive increase of 14.59%.

Poly Medicure revenue growth over time
Poly Medicure profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.29%
Revenue from Operations
21.46%
Total Assets
15.28%
Profit or Loss
22.62%
Net Worth
14.59%
EBITDA
24.67%

What is the Ownership and Shareholding Structure of Poly Medicure?

In 2022, Poly Medicure had a promoter holding of 44.66% and a public holding of 55.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹268.18 Cr

Satisfied Charges

₹88.82 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 169.30 Cr
  • Others : 51.38 Cr
  • Citi Bank N.A. : 25.00 Cr
  • Hdfc Bank Limited : 12.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2019Others₹51.38 CrOpen
07 Nov 2017Hdfc Bank Limited₹12.50 CrOpen
14 Feb 2017The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrOpen
15 Jun 2011Citi Bank N.A.₹25.00 CrOpen
08 Aug 2002State Bank Of India₹169.30 CrOpen

How Many Employees Work at Poly Medicure?

Poly Medicure has a workforce of 2683 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Poly Medicure Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Poly Medicure, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Poly Medicure's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Poly Medicure

Recent activity within the organization

  • Director Appointment

    Vishal Gupta was appointed as a Additional Director was appointed as a Additional Director on 15 Nov 2024 & has been associated with this company since 5 months 26 days .

  • Annual General Meeting

    Poly Medicure Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Director Appointment

    Vimal Bhandari was appointed as a Director was appointed as a Director on 08 Aug 2024 & has been associated with this company since 9 months 3 days .

  • Charges

    A charge registered on 30 Jul 2018 via Charge ID 100201954 with Others was fully satisfied on 16 May 2024.

  • Balance Sheet

    Poly Medicure Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 20 Sep 2018 via Charge ID 100203629 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 28 Feb 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Poly Medicure Limited?

    Poly Medicure Limited was incorporated on 30 Mar 1995.

  • What is authorized share capital and paid-up capital of Poly Medicure Limited?

    The authorized share capital of Poly Medicure Limited is ₹ 60.00 Cr and paid-up capital is ₹ 50.65 Cr.

  • Who are the current board members & directors of Poly Medicure Limited?

    Currently 15 directors are associated with Poly Medicure Limited.

    • Vimal Bhandari
    • Himanshu Baid
    • Rishi Baid
    • Jugal Kishore Baid
    • Vishal Gupta
    • Sonal Mattoo
    • Amit Khosla
    • Devendra Raj Mehta
    • Mukulika Baid
    • Sandeep Bhargava
    • Alessandro Balboni
    • Ambrish Mithal
    • Naresh Vijayvergiya
    • Avinash Chandra
    • Ravi Prakash

  • What is the registered address of Poly Medicure Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Poly Medicure Limited is Property No. - 232B, Third Floor Okhla Industrial Estate Phase Iii India, New Delhi, 110020.

  • What is the corporate identification number (CIN) and company number of Poly Medicure Limited?

    The corporate identification number (CIN) of Poly Medicure Limited is L40300DL1995PLC066923 and the company number is 066923 as per Ministry of Corporate Affairs (MCA).

  • Is Poly Medicure Limited registered with any stock exchange in India?

    Yes, Poly Medicure Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): POLYMED.

  • What is the official website of Poly Medicure Limited?

    The Official website of Poly Medicure Limited is https://www.polymedicure.com

  • What has been the recent revenue trend for Poly Medicure Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Poly Medicure Limited has risen by 20.29%.

  • How many employees does Poly Medicure Limited currently have?

    As Per 2023 financial reports, 2683 employees are currently employed by Poly Medicure Limited.

  • What change has been observed in the net worth of Poly Medicure Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Poly Medicure Limited has experienced an upsurge of 14.59%.

  • What are the total open charges for Poly Medicure Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Poly Medicure Limited amount to ₹ 268.18 Cr.

  • When was the last Balance Sheet of Poly Medicure Limited filed with the ROC?

    The most recent Balance Sheet for Poly Medicure Limited was filed with the ROC on 31 Mar 2024.

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