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Earnings · Medical Equipment · Mid cap

Poly Medicure's Q4 profit drops 7% standalone, 29% consolidated on acquisition costs

Standalone net profit slipped to ₹8,062 lacs while consolidated profit took a 29% hit from deal-related expenses. Full-year standalone profit rose just 1.4%.

3 earlier stories on Poly Medicure Ltd.
Mkt cap₹16,734 cr
P/E51.95×
ROE12.24%
Debt / eq.0.06
Div yld0.21%
₹8,062 lacs Standalone Q4 net profit, down ~7% year-on-year.

What's new

  • Poly Medicure's standalone Q4 net profit fell ~7% year-on-year to ₹8,062 lacs.
  • Consolidated Q4 profit dropped ~29% due to costs from recent acquisitions.
  • Full-year standalone profit grew just ~1.4% to ₹33,598 lacs.

Why this matters

The standalone results show a business with mild top-line pressure. The consolidated figure, however, is where the acquisition costs hit, dragging the final quarter's performance. A ~1.4% full-year profit increase against a ~29% Q4 consolidated decline isolates the deal impact to the final period.

What we're watching

  • Whether acquisition costs persist as a drag on consolidated margins in coming quarters.
  • If the standalone business can return to growth after the weak Q4.
  • Management commentary on when deal-related expenses normalize.

The full read

Poly Medicure's standalone Q4 net profit slipped ~7% to ₹8,062 lacs, but the real story is in the consolidated numbers. Those fell ~29% because of costs tied to recent acquisitions. For the full year, standalone profit managed a ~1.4% increase to ₹33,598 lacs, but the final quarter's weakness capped the growth. The dividend stays at ₹3.5 per share. The filing is routine; there are no major surprises or new guidance. The open question is how long those deal costs will weigh on the consolidated books before any acquisition-related expenses normalize.

Questions answered

Why did consolidated profit fall much more than standalone?
The consolidated results included acquisition-related costs that did not appear in the standalone books. These deal expenses caused the ~29% year-on-year drop in consolidated Q4 profit.
How did the full-year profit turn out?
For the full year, standalone net profit rose ~1.4% to ₹33,598 lacs. Growth was muted because the weak fourth quarter offset earlier gains.
Is the dividend changing?
No. The board recommended a dividend of ₹3.5 per share, consistent with historical payouts.
What does this mean for analyst models?
There are no major surprises or guidance revisions. The results were anticipated, so forecasts are unlikely to need significant changes.
Mentioned: Poly Medicure Ltd. · ₹8,062 lacs Q4 standalone profit · ₹33,598 lacs full-year profit
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Poly Medicure Ltd.

Pharmaceuticals
₹13,467 cr
P/E 41.80×

Latest quarter · Mar 2026

Sales₹535 cr
Net profit₹63 cr
Op. margin+20.6%
EPS₹6.54

Strength & growth

Debt / equity0.06×
Current ratio4.38×
Sales CAGR+16.8%
EPS CAGR+18.5%
  1. 25 May 2026 · 4:42 PM IST Poly Medicure's Q4 profit drops 7% standalone, 29% consolidated on acquisition costs
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