Medico Remedies LimitedQ1 FY27 Results & Financial Update
Medico Remedies Limited: Q1 FY27 standalone results and company financials – revenue ₹69.40 Cr, PAT ₹2.52 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Medico Remedies price & chart
Quarter overview
Quarterly earnings analysis
For the first quarter of financial year 2027 (Q1 FY27) ended June 30, 2026, Medico Remedies reported a standalone revenue from operations of INR 69.40 crore and total income of INR 70.57 crore.
Total expenses for the quarter stood at INR 67.23 crore, driven primarily by raw material consumption of INR 47.20 crore and other expenses amounting to INR 8.38 crore.
The company recorded a profit before tax (PBT) of INR 3.34 crore for Q1 FY27, after accounting for finance costs of INR 0.41 crore and depreciation/amortisation expenses of INR 0.72 crore.
Income tax expenses for the quarter totaled INR 0.82 crore, consisting of current tax of INR 0.71 crore and deferred tax of INR 0.12 crore.
Net profit after tax (PAT) for the quarter settled at INR 2.52 crore, resulting in a basic and diluted earnings per share (EPS) of INR 0.30.
The company operates within a single primary business segment according to IND-AS 108, focusing entirely on pharmaceutical formulation manufacturing.
During the quarter ended June 30, 2026 (Q1 FY27), Medico Remedies reported total revenue from operations of INR 69.4006 crore on a standalone basis.
Total income for the quarter reached INR 70.5692 crore, inclusive of INR 1.1686 crore in other income.
01 · Business model
What does Medico Remedies do?
Medico Remedies Limited is a pharmaceutical formulation manufacturing company operating a WHO-GMP, ISO 9001-2015 certified, and government-recognized star export house.
The company produces and supplies pharmaceutical dosage forms such as tablets and capsules, operating from its manufacturing facilities located in Palghar, Maharashtra.
Medico Remedies serves both domestic and international markets, distributing its pharmaceutical products across India as well as exporting to overseas destinations.
The company's operational model focuses on the formulation and manufacturing of medicines, managing technical production, quality control, finance, and legal compliance internally.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹69.40 Cr |
| Total income | ₹70.57 Cr |
| Profit before tax | ₹3.34 Cr |
| Profit after tax | ₹2.52 Cr |
| EPS | ₹0.30 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 3.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 4.8% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹1.17 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
During Q1 FY27, sales of products within India stood at INR 26.34 crore, while sales of products outside India accounted for INR 42.70 crore.
During Q1 FY27, export markets generated INR 42.6974 crore, while the domestic Indian market contributed INR 26.3362 crore toward total product sales.
What drove margins
Cost of raw materials consumed formed the largest expense component at INR 47.20 crore during the quarter.
Finance costs were reported at INR 0.41 crore, and depreciation and amortisation expenses stood at INR 0.72 crore for Q1 FY27.
Cost of raw materials consumed during the quarter stood at INR 47.1953 crore.
Employee benefits expense for the quarter was reported at INR 1.9576 crore.
Finance costs for the period amounted to INR 0.4062 crore.
Depreciation and amortisation expenses were recorded at INR 0.7234 crore for Q1 FY27.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The management reviews the performance of the company as a single operating segment in accordance with IND-AS 108, and no separate segment reporting has been furnished.
Geography and market mix
Geographical disclosures for Q1 FY27 show product sales of INR 26.34 crore within India and INR 42.70 crore outside India.
Product sales outside India stood at INR 42.6974 crore compared to domestic sales of INR 26.3362 crore for the quarter ended June 30, 2026.
05 · Reported developments
What changed operationally
Statutory auditors Shah Shroff & Associates issued an unmodified limited review report on the unaudited standalone financial results for Q1 FY27.
06 · Beyond the numbers
What changed beyond the numbers
Director Re-appointments
The board approved the re-appointment of Mr. Rishit Mehta as Whole-Time Director and Mr. Haresh Mehta as Chairman & Whole-Time Director, both for a consecutive period of 3 years starting September 18, 2026.
Management Remuneration Adjustment
The board approved an increase in remuneration payable to Mr. Harshit Mehta, Managing Director of the company.
07 · Key Q&A
The quarter, answered directly
What does Medico Remedies do?
Medico Remedies Limited is a pharmaceutical formulation manufacturing company operating a WHO-GMP, ISO 9001-2015 certified, and government-recognized star export house.
What is the clearest takeaway from Q1 FY27?
For the first quarter of financial year 2027 (Q1 FY27) ended June 30, 2026, Medico Remedies reported a standalone revenue from operations of INR 69.40 crore and total income of INR 70.57 crore.
What drove revenue or demand?
During Q1 FY27, sales of products within India stood at INR 26.34 crore, while sales of products outside India accounted for INR 42.70 crore.
What mattered most for margins or profitability?
Cost of raw materials consumed formed the largest expense component at INR 47.20 crore during the quarter.
What changed operationally beyond the headline numbers?
The board approved the re-appointment of Mr. Rishit Mehta as Whole-Time Director and Mr. Haresh Mehta as Chairman & Whole-Time Director, both for a consecutive period of 3 years starting September 18, 2026.
What should the next disclosure help confirm?
The company issued notice for its 32nd Annual General Meeting.
08 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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09 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Upcoming Annual General Meeting: The company issued notice for its 32nd Annual General Meeting.
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