---
title: "Noida Medicare Centre Ltd (523670) — Share Price, Financials & Analysis"
symbol: "523670"
company: "Noida Medicare Centre Ltd"
canonical: "https://tapetide.com/stocks/523670"
isin: "INE740C01019"
bse_code: "523670"
generated_at: "2026-10-13T11:00:06.615Z"
---

# Noida Medicare Centre Ltd (523670)

Canonical page: https://tapetide.com/stocks/523670

## Company

- **BSE Code:** 523670
- **ISIN:** INE740C01019
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nmc.co.in

## About

Noida Medicare Centre is engaged in the healthcare business. The Company offers its services in various areas, including healthcare, pharmaceutical and medical education.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 81% | 20% | 3% |
| revenue growth | -10% | 19% | -14% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 4.05 | 2.84 | 1.38 | 0.4 | 4.16 | 5.51 | 4.1 | 3.83 | 3.84 | 5.21 | 5.36 | 4.36 |
| Expenses | 6.02 | 2.09 | 2.61 | 2.43 | 4.04 | 5.38 | 4.82 | 9.53 | 3.97 | 5.85 | 6.54 | 9.26 |
| Operating Profit | -1.97 | 0.75 | -1.23 | -2.03 | 0.12 | 0.13 | -0.72 | -5.7 | -0.13 | -0.64 | -1.18 | -4.9 |
| OPM % | -48.64 | 26.41 | -89.13 | -507.5 | 2.88 | 2.36 | -17.56 | -148.83 | -3.39 | -12.28 | -22.01 | -112.39 |
| Other Income | 1.02 | 0.05 | 0 | 0.06 | 0.19 | 0.53 | 0.33 | 0.16 | 0.02 | 2.27 | 0.01 | -1.15 |
| Interest | 0.49 | 0.75 | 2.12 | 0.85 | 0.74 | 0.91 | 1 | 0.6 | 0.74 | 1.56 | 1.61 | 1.59 |
| Depreciation | 3.05 | 2.01 | 1.98 | 2.41 | 0.8 | 0.81 | 0.81 | 0.8 | 0.5 | 0.85 | 0.68 | 0.68 |
| Profit before tax | -4.49 | -1.96 | -5.33 | -5.23 | -1.23 | -1.06 | -2.2 | -6.94 | -1.35 | -0.78 | -3.46 | -8.32 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.47 | 0 | 0 | 0 | -1.68 |
| Net Profit | -4.49 | -1.97 | -5.32 | -5.23 | -1.24 | -1.07 | -2.2 | -6.63 | -1.35 | -0.78 | -3.46 | -8.17 |
| EPS in Rs | -3.11 | -1.36 | -3.68 | -3.62 | -0.86 | -0.74 | -1.52 | -4.59 | -0.93 | -0.54 | -2.39 | -5.65 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 37.05 | 49.83 | 53.41 | 56.73 | 34 | 4.4 | 9.72 | 16.99 | 18.15 | 16.37 |
| Expenses | 27.51 | 36.58 | 38.6 | 40.95 | 26 | 7.67 | 13.57 | 23.16 | 24.86 | 17.51 |
| Operating Profit | 9.54 | 13.25 | 14.81 | 15.78 | 8 | -3.27 | -3.85 | -6.17 | -6.71 | -1.14 |
| OPM % | 25.75 | 26.59 | 27.73 | 27.82 | 23.53 | -74.32 | -39.61 | -36.32 | -36.97 | -6.96 |
| Other Income | 0.15 | 0.78 | 1.14 | 0.69 | 0.48 | -9.64 | 0.26 | 1.21 | 1 | 0.44 |
| Interest | 1.87 | 1.98 | 2.48 | 2.98 | 2.26 | 4 | 2.81 | 3.25 | 5.5 | 0.15 |
| Depreciation | 4.16 | 8.2 | 8.9 | 9.17 | 10.37 | 6.57 | 4.26 | 3.23 | 2.7 | 2.19 |
| Profit before tax | 3.66 | 3.85 | 4.57 | 4.32 | -4.15 | -23.48 | -10.66 | -11.44 | -13.91 | -3.04 |
| Tax % | 30.05 | 35.32 | 27.13 | 33.33 | -17.35 | -4.56 | -4.41 | -2.19 | -1.01 | -5.92 |
| Net Profit | 2.56 | 2.49 | 3.34 | 2.88 | -3.43 | -22.41 | -10.19 | -11.2 | -13.76 | -2.86 |
| EPS in Rs | 2.08 | 2.02 | 2.31 | 1.99 | -2.37 | -15.5 | -7.05 | -7.75 | -9.52 | -1.98 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 | 14.46 |
| Reserves | 23.78 | 27.48 | 30.45 | 32.95 | 29.14 | 11.01 | 0.82 | -10.38 | -25.72 | -28.58 |
| Borrowings | 13.22 | 31.55 | 34.23 | 34.3 | 28.81 | 16.33 | 18.84 | 22.02 | 34.88 | 37.96 |
| Other Liabilities | 3.97 | 7.84 | 7.3 | 7.31 | 7.48 | 4.56 | 8.66 | 10.38 | 13.08 | 11.86 |
| Total Liabilities | 55.43 | 81.33 | 86.44 | 89.02 | 79.89 | 46.36 | 42.78 | 36.48 | 36.7 | 35.7 |
| Fixed Assets | 40.86 | 62.17 | 66.2 | 69.05 | 64.25 | 33.35 | 30.15 | 27 | 24.29 | 22.27 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 | 0 | 0 | 0 |
| Investments | 0.26 | 0.26 | 0.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 14.31 | 18.9 | 19.98 | 19.97 | 15.64 | 12.11 | 12.63 | 9.48 | 12.41 | 13.43 |
| Total Assets | 55.43 | 81.33 | 86.44 | 89.02 | 79.89 | 46.36 | 42.78 | 36.48 | 36.7 | 35.7 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.1 | 9.99 | 10.93 | 13.99 | 13.64 | -1.99 | -7.38 | -0.16 | -7.37 | -2.76 |
| Cash from Investing Activity | -8.31 | -26.53 | -13.09 | -12.01 | -6.15 | 16.77 | -0.17 | -0.05 | 0 | -0.17 |
| Cash from Financing Activity | 7.97 | 17.93 | 0.2 | -2.92 | -7.75 | -15.05 | 7.75 | -0.03 | 7.36 | 2.93 |
| Net Cash Flow | 1.76 | 1.39 | -1.96 | -0.94 | -0.26 | -0.27 | 0.2 | -0.25 | -0.01 | 0 |
| Free Cash Flow | -6.21 | -16.54 | -2.16 | 1.98 | 7.49 | -3.45 | -7.55 | -0.22 | -7.37 | -2.93 |
| CFO/OP | 28 | 80 | 84 | 99 | 185 | 61 | 192 | 2 | 110 | 242 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 90.73 | 99.18 | 88.98 | 88.53 | 114.76 | 656.17 | 291.02 | 84 | 5.03 | 5.8 |
| Inventory Days | — | 22.38 | 22.03 | 16.5 | 15.12 | 85.28 | 9.57 | 0 | 0 | 0 |
| Days Payable | — | 191.94 | 150.91 | 106.31 | 227.52 | 672.01 | 640.25 | — | — | — |
| Cash Conversion Cycle | 90.73 | -70.38 | -39.89 | -1.28 | -97.64 | 69.44 | -339.65 | 84 | 5.03 | 5.8 |
| Working Capital Days | 81.18 | 69.81 | 70.18 | 74.89 | 89.96 | 633.77 | 128.8 | -32.01 | -26.75 | 9.81 |
| ROCE % | 12.2 | 8.74 | 8.96 | 8.94 | -2.12 | -14.92 | -20.68 | -27.2 | -33.27 | -11.29 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 392.4 | Sell |
| EMA (10) | 393.79 | Sell |
| SMA (20) | 414.78 | Sell |
| EMA (20) | 404.57 | Sell |
| SMA (50) | 423.68 | Sell |
| EMA (50) | 424.4 | Sell |
| SMA (100) | 465.92 | Sell |
| EMA (100) | 447.22 | Sell |
| SMA (200) | 488.71 | Sell |
| EMA (200) | 474.87 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.02 | Neutral |
| MACD (12,26,9) | -12.53 | Sell |
| Stochastic (14,3,3) | 10.65 | Buy |
| ADX (14) | 15.99 | Neutral |
| Williams %R (14) | -90.29 | Buy |
| ATR (14) | 21.31 | High Volatility |
| ROC (12) | -11.07 | Sell |
| Stoch RSI (14) | 13.75 | Buy |
| UO (7,14,28) | 31.33 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-06-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dfb86b7-c9ea-4e11-a941-4fdd816b8175.pdf) |
| 2018-06-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/6dfb86b7-c9ea-4e11-a941-4fdd816b8175.pdf) |
| 2018-05-31 | [Results- Financial Year For The Quarter And Year Ended 31St March 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc45affe-8497-42d7-993c-15695b3c9e37.pdf) |
| 2018-05-31 | [Results- Financial Year For The Quarter And Year Ended 31St March 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/fc45affe-8497-42d7-993c-15695b3c9e37.pdf) |
| 2018-05-30 | [Board Meeting-Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=448b85a6-0ffe-4b17-8eeb-4a7b6b366844.pdf) |
| 2018-05-30 | [Board Meeting-Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/448b85a6-0ffe-4b17-8eeb-4a7b6b366844.pdf) |
| 2018-05-23 | [Board Meeting On 30Th Day Of May, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e62fd169-5e6a-40e2-bac7-0088ab3d06f1.pdf) |
| 2018-05-23 | [Board Meeting On 30Th Day Of May, 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/e62fd169-5e6a-40e2-bac7-0088ab3d06f1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/523670/5236700317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:06.615Z.