MarketFriction

Corona Remedies Ltd

NSE CORONA · BSE 544644 · Pharmaceuticals
₹2,029.40 -3.06%
NSE close2026-10-01
52 week range1,336.60 - 2,292.40
Market cap₹12,712 Cr.
P/E60.0
IPO 2025 · +91% since Price band 20% Delivery 48.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales314298294347361342353422
Expenses247228239277283259291329
Operating Profit6769547078836293
OPM %21%23%18%20%22%24%18%22%
Other Income21122-1743
Interest32222213
Depreciation910109991013
Profit before tax5758436170555480
Tax %25%23%28%24%25%25%17%25%
Net Profit4345314652414560
EPS in Rs7.037.325.127.598.536.747.379.83
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5096015766178841,0141,1961,4031,479
Expenses4445094716007568599561,1091,162
Operating Profit669310518128156241294317
OPM %13%15%18%2.9%14%15%20%21%21%
Other Income3357755-9-7
Interest12254141178
Depreciation141616202028373842
Profit before tax547792-1111118198240260
Tax %35%24%24%-49%23%24%25%23%
Net Profit355970-08590149185199
EPS in Rs74.85126.70150.72-0.0813.8514.8024.3730.2232.47
Dividend Payout %0%0%0%0%20%25%30%33%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%19%17%18%
Compounded Profit Growth%23%33%28%
Stock Price CAGR%%%%
Return on Equity%22%26%30%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5555161616161
Reserves204263333270347419545685
Borrowings134750342815986165
Other Liabilities7194144157159191237293
Total Liabilities2934085325115958309291,204
Fixed Assets8081164162185384370554
CWIP44201465121186143
Investments97371431252525
Other Assets200278330321314301348482
Total Assets2934085325115958309291,204
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity19437998103157190229
Cash from Investing Activity-23-50-102-66-50-267-84-256
Cash from Financing Activity4300-30-4599-10725
Net Cash Flow-123-2328-110-1
Free Cash Flow1916649-1299956
CFO/OP49%65%101%557%100%112%97%95%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days951051314436363638
Inventory Days695277184182158200175
Days Payable126110182211163184221206
Cash Conversion Cycle384827175510147
Working Capital Days6781861630-29-15
ROCE %30%27%1%29%25%31%33%
Dec 2025Mar 2026Jun 2026
Promoters69.00%69.00%69.00%
FIIs1.84%2.25%3.63%
DIIs6.77%7.02%12.90%
Public22.41%21.75%14.47%
No. of Shareholders31,03519,60920,185

Fundamentals

Market Cap₹ 12,712 Cr.
Current Price₹ 2,078
Stock P/E60.0
Book Value₹ 122
ROCE33.3 %
ROE29.5 %
Dividend Yield0.48 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)18%
Compounded Profit Growth (TTM)28%
Standalone figures.
Valuation
Market capRs 12,412 Cr
Enterprise valueRs 12,501 Cr
P/E (TTM)72.52x
Price to book25.85x
Price to sales9.24x
EV / EBITDA45.54x
EV / EBIT52.78x
EV / sales9.30x
Price to cash flow79.18x
Earnings yield1.38%
Dividend yield0.18%
Profitability
Operating margin (excl. other income)15.37%
Operating margin (incl. other income)15.89%
EBITDA margin20.43%
Pre-tax margin17.05%
Net profit margin12.74%
Net margin, latest quarter12.05%
ROE20.38%
ROCE24.72%
ROA12.70%
ROE, 3-year average14.50%
ROCE, 3-year average18.28%
ROA, 3-year average9.31%
ROE, 5-year average18.25%
ROCE, 5-year average22.29%
ROA, 5-year average11.92%
ROIC (approx.)31.79%
Tax rate23.62%
Other income / net worth1.10%
Growth
Sales growth (latest year)14.75%
Profit growth (latest year)6.85%
Sales CAGR, 3 years20.75%
Sales CAGR, 5 years14.77%
Profit CAGR, 3 years8.96%
Profit CAGR, 5 years21.11%
Sales growth QoQ-5.18%
Profit growth QoQ-20.90%
Sales growth YoY (latest quarter)15.03%
Profit growth YoY (latest quarter)-7.86%
Per share
EPS (TTM)Rs 27.98
EPS (latest year)Rs 14.80
EPS (latest quarter)Rs 6.74
EPS, 3-year averageRs 9.52
EPS, 5-year averageRs 61.20
Book value per shareRs 78.51
Sales per shareRs 219.72
Cash flow per shareRs 25.63
Free cash flow per shareRs 9.16
Dividend per share (latest year)Rs 3.70
Dividend per share, 3-year averageRs 3.23
Dividend per share, 5-year averageRs 3.23
Dividends
Dividend payout25.01%
Dividend payout, 3-year average22.50%
Dividend payout, 5-year average22.50%
Efficiency
Asset turnover1.22x
Fixed asset turnover2.64x
Inventory turnover2.43x
Inventory days150 days
Debtor days36 days
Debtors turnover10.15x
Creditor days206 days
Cash conversion cycle7 days
Working capital days-15 days
Leverage
Total debtRs 159 Cr
Cash and bankRs 70 Cr
Net debtRs 89 Cr
Debt to equity0.33x
Net debt / EBITDA0.32x
Interest coverage30.45x
Current ratio (filing 2026-03-31)0.96x
Quick ratio (filing 2026-03-31)0.62x
Trade payables (filing 2026-03-31)Rs 147 Cr
Owners' fund to total sources57.83%
Debt to assets19.14%
Cash flow
Cash from Operating Activity (latest year)Rs 157 Cr
Cash from Investing Activity (latest year)Rs -267 Cr
Cash from Financing Activity (latest year)Rs 99 Cr
Net Cash Flow (latest year)Rs -11 Cr
Free cash flow (latest year)Rs 56 Cr
FCFE (approx.: FCF + change in debt)Rs 187 Cr
Cash from ops / profit, 5 years1.53x
Sales to cash flow6.47x
Statement figures
Net sales (TTM)Rs 1,344 Cr
Net sales (latest year)Rs 1,014 Cr
Sales (latest quarter)Rs 342 Cr
Operating profit excl. other income (latest year)Rs 156 Cr
Operating profit (latest quarter)Rs 83 Cr
Other income (TTM)Rs -11 Cr
EBITDA (TTM)Rs 274 Cr
PBDT (TTM)Rs 267 Cr
Profit before tax (TTM)Rs 229 Cr
Tax (latest year)Rs 28 Cr
Net profit (TTM)Rs 171 Cr
Net profit (latest year)Rs 90 Cr
Net profit (latest quarter)Rs 41 Cr
Depreciation (TTM)Rs 38 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 239 Cr
Total expenditure (latest year)Rs 859 Cr
Total income (latest year)Rs 1,020 Cr
Share capitalRs 61 Cr
ReservesRs 419 Cr
Shareholders' fundsRs 480 Cr
Total assetsRs 830 Cr
Net blockRs 384 Cr
Capital work in progressRs 121 Cr
InvestmentsRs 25 Cr
ReceivablesRs 100 Cr
InventoryRs 98 Cr
Other liabilitiesRs 191 Cr
Shares outstanding (crore)6.12
Ownership
Promoter holding69.00%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodCORONANifty 50Difference
1 week-3.9%-2.8% -1.1 pts
1 month-0.2%-6.8% +6.6 pts
3 months-0.4%-7.6% +7.2 pts
6 months+30.4%+0.4% +30.0 pts
43 mutual fund schemes hold about ₹1,582 Cr. Over three months 4 bought more and 17 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Flexi Cap Fund0.42%478 -2%
Invesco India Smallcap Fund1.82%287 -11%
Invesco India Midcap Fund0.90%144 -9%
Invesco India Large & Mid Cap Fund0.89%105 -6%
Aditya Birla SL ELSS Tax Saver Fund0.65%95 +4%
Invesco India Multicap Fund1.26%57 -1%
Union Small Cap Fund2.08%55 +15%
Union Small Cap Fund2.08%50 +15%
WOC Flexi Cap Fund0.40%36 -6%
HDFC Pharma and Healthcare Fund1.07%36 -17%
Kotak Business Cycle Fund0.95%33 -1%
Edelweiss Recently Listed IPO Fund2.08%26 +5%
Aditya Birla SL Pharma & Healthcare Fund2.17%23 -4%
WOC Special Opp Fund1.17%23 +1%
WOC Pharma and Healthcare Fund2.35%21 -7%
WOC Multi Cap Fund0.47%19 -8%
Invesco India ELSS Tax Saver Fund0.70%19 -2%
Invesco India Consumption Fund2.65%16 -1%
Kotak Consumption Fund0.65%11 -3%
Kotak Healthcare Fund1.60%11 -7%
Axis Equity Savings Fund0.91%8 +3%
Union Multi Asset Allocation Fund0.42%4 +0%
WOC Multi Asset Allocation Fund0.04%4 -8%
Motilal Oswal Nifty Microcap 250 Index Fund0.13%3 -3%
Union Business Cycle Fund0.55%3 +5%

Red flags

F-score 5 of 8
explainShare dilution Share count up 0% in a year, 1230% in three
lookAuditor change Auditor change 2026-05-11: CORONA Remedies Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-10Sage Investment TrustAcquirersell51,641SAST Open Market
2026-09-10Anchor PartnersAcquirersell92,763SAST Open Market
2026-09-10Sepia Investments LimitedAcquirersell2,485,476SAST Open Market
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹422 Cr +21.6% vs Jun 2025. Net profit ₹60 Cr +30.4%.
Against our estimate for Jun 2026: sales +3.6%, profit +13.3% beat. Our estimate for Sep 2026: sales Rs 436 Cr, profit Rs 59 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-19Dividend - Rs 10 Per Share
DateTypeWhat it says
2026-09-30Credit RatingCredit Rating
2026-09-18Concall / analyst meetSchedule of meet
2026-09-09Volume querySignificant increase in volume has been observed in CORONA Remedies Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-09-09Volume querySignificant increase in volume has been observed in CORONA Remedies Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-08-20Concall / analyst meetSchedule of meet
2026-08-10Concall / analyst meetTranscript
2026-08-10Concall / analyst meetSchedule of meet
2026-08-07UpdatesMachine Readable Financial results for Q1 2026-27.
2026-08-03Concall / analyst meetLink of Recording
2026-07-31Investor PresentationInvestor Presentation
2026-07-31Press ReleaseA press release dated July 31, 2026, titled "Press Release on Unaudited financial results for Q1FY27".
2026-07-31Board meeting outcomeCORONA Remedies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-22Concall / analyst meetSchedule of meet
2026-07-10Shareholder meetingVoting results.
2026-07-09Shareholder meetingProceedings of Annual General Meeting held on July 09, 2026
2026-06-30Press ReleaseA press release dated Jun 30, 2026, titled "Press Release for Commencement of Commercial Production".
2026-06-30Commencement of commercial pIntimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Commen...
2026-06-15UpdatesCommunication to Shareholders - Annual Report 2025-26
2026-06-15Shareholder meetingNotice of Annual General Meeting scheduled to be held on Thursday, July 09, 2026
2026-06-10Concall / analyst meetSchedule of Analysts / Investor Conference
2026-06-03Disclosure under SEBI TakeovDr. Kirtikumar L. Mehta has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
2026-06-03Concall / analyst meetIntimation of Non-Deal Roadshow
2026-06-01Concall / analyst meetIntimation for Non-Deal Roadshow
2026-05-28Press ReleaseA press release dated May 28, 2026, titled "Press Release - Receipt of EU-GMP Certificate".
2026-05-26Disclosure under SEBI TakeovCORONA Remedies Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Corona Remedies Ltd?

Corona Remedies Ltd (CORONA) has a market capitalisation of Rs 12,712 Cr. at the 2026-10-01 close.

What is the P/E ratio of Corona Remedies Ltd?

Corona Remedies Ltd trades at a P/E of 60.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Corona Remedies Ltd's latest quarterly results?

In the Jun 2026 quarter, Corona Remedies Ltd sales was Rs 422 Cr (+21.6% vs Jun 2025) and net profit was Rs 60 Cr.

What is the 52-week high and low of Corona Remedies Ltd?

The 52-week high is Rs 2,292.40 and the 52-week low is Rs 1,336.60.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03