POLYMEDNSEPoly Medicure Limited· PharmaceuticalsHighPositive
Announced Mon, 25 May · 15:25 IST

Poly Medicure Limited has informed the Exchange that Board of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Rs. 3.50 per equity share.

Corporate Actions View source PDF

POLYMED · price

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Price reaction · full curve 14 horizons · vs prior close
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₹1600.00
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AI summary

Poly Medicure Limited's Board meeting on May 25, 2026 approved the following: (1) Audited standalone revenue of Rs. 53,451.14 lakhs for FY26 (up from Rs. 49,365.55 lakhs in FY25); consolidated revenue of Rs. 55,226.79 lakhs; standalone net profit of Rs. 33,598.49 lakhs vs Rs. 33,133.47 lakhs in prior year; standalone EPS of Rs. 33.15 per share. (2) Recommended final dividend of Rs. 3.50 per equity share (70% payout on Rs. 5 face value) for FY25-26, subject to shareholder approval. (3) Re-appointed PricewaterhouseCoopers Services LLP and Oswal Sunil & Co. as internal auditors for FY26-27. Additionally, the company completed two acquisitions during the year: 90% economic rights in Pendracare Group (Netherlands) and 100% in Medistream SA (Citieffe Group, Switzerland), plus acquired Himalayan Mineral Water Private Limited under IBC resolution plan for Rs. 3,316 lakhs.

Likely market impact

The recommended dividend of Rs. 3.50 per share maintains a consistent payout policy, reflecting stable earnings growth. The acquisitions in Europe expand the company's global footprint in medical devices. The unqualified auditors' opinion adds credibility to the financial results.