Corona Remedies Ltd
Incorporated in August 2004, Corona Remedies Limited is a pharmaceutical company developing, manufacturing, and marketing products in women’s healthcare, cardiology, pain management, urology, and other therapeutic areas.[1]
- Market Cap ₹ 10,942 Cr.
- Current Price ₹ 1,789
- High / Low ₹ 1,951 / 1,337
- Stock P/E 54.8
- Book Value ₹ 122
- Dividend Yield 0.57 %
- ROCE 33.2 %
- ROE 29.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%
Cons
- Stock is trading at 14.8 times its book value
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 884 | 1,014 | 1,196 | 1,403 | |
| 756 | 859 | 956 | 1,110 | |
| Operating Profit | 128 | 156 | 241 | 293 |
| OPM % | 14% | 15% | 20% | 21% |
| 7 | 5 | 6 | -8 | |
| Interest | 4 | 14 | 11 | 7 |
| Depreciation | 20 | 28 | 37 | 38 |
| Profit before tax | 111 | 118 | 199 | 240 |
| Tax % | 23% | 24% | 25% | 23% |
| 85 | 90 | 149 | 185 | |
| EPS in Rs | 13.89 | 14.80 | 24.43 | 30.27 |
| Dividend Payout % | 20% | 25% | 30% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| Last Year: | 30% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 61 | 61 | 61 | 61 |
| Reserves | 347 | 419 | 545 | 686 |
| 28 | 159 | 86 | 165 | |
| 159 | 191 | 237 | 293 | |
| Total Liabilities | 595 | 831 | 930 | 1,205 |
| 185 | 384 | 370 | 580 | |
| CWIP | 65 | 121 | 186 | 143 |
| Investments | 32 | 26 | 26 | 0 |
| 314 | 301 | 348 | 482 | |
| Total Assets | 595 | 831 | 930 | 1,205 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 103 | 157 | 190 | 229 | |
| -50 | -267 | -84 | -256 | |
| -45 | 99 | -107 | 25 | |
| Net Cash Flow | 8 | -11 | 0 | -1 |
| Free Cash Flow | 9 | -129 | 99 | 56 |
| CFO/OP | 100% | 112% | 97% | 95% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 36 | 36 | 36 | 38 |
| Inventory Days | 182 | 158 | 200 | 175 |
| Days Payable | 163 | 184 | 221 | 206 |
| Cash Conversion Cycle | 55 | 10 | 14 | 7 |
| Working Capital Days | 30 | -2 | 9 | -15 |
| ROCE % | 25% | 32% | 33% |
Insights
In beta| Mar 2023 | Mar 2024 | Jun 2025 | |
|---|---|---|---|
| Actual Production - Total (Tablets/Capsules) Million Units |
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| Capacity Utilization - Bhayla Tablets/Capsules Percentage ・Standalone data |
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| Chronic Segment Contribution to Revenue Percentage |
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| Installed Capacity - Tablets/Capsules (Total) Million Units |
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| IPM Market Rank Rank |
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| Market Share in Total IPM Percentage |
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| Number of Medical Representatives Number |
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| Number of Brands with Sales > INR 10 Crores Number |
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| Number of Distributors Number |
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Extracted by Screener AI
Documents
Announcements
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Annual Secretarial Compliance Report For The Financial Year Ended March 31 2026
1d - Annual Secretarial Compliance Report for FY ended March 31, 2026 filed; no non-compliances observed.
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Annual Secretarial Compliance Report For The Financial Year Ended March 31 2026
1d - Annual secretarial compliance report for FY26 confirms statutory compliance.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of Q4 and FY26 analyst/investor conference call is now available online.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Corona Remedies published audited standalone and consolidated Q4 and FY2026 results on May 12, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT
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Jan 2026Transcript PPT REC