Corona Remedies logo

Corona Remedies

CORONA NSE

Key Fundamentals

MicrocapPharmaceuticalsHealthcare
Market Cap
₹13,491 Cr
Volatility
Moderate
P/E Ratio
68.87
EBITDA
₹304 Cr
Return on Equity
24.79%
Debt to Equity
0.22
Book Value
₹122.12
52W High
₹2,270.1
52W Low
₹1,336.6

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

3
  • Company has delivered good profit growth of 23.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%
  • Company has been maintaining a healthy dividend payout of 29.4%

Weaknesses

2
  • Stock is trading at 18.3 times its book value
  • Company might be capitalizing the interest cost

Growth Rate

Revenue Growth
17.58% higher than 3Y
Net Income Growth
23.9% lower than 3Y
Cash Flow Change
20.47% lower than 3Y
ROE
0.61% lower than 3Y
ROCE
-3.27% lower than 3Y
EBITDA Margin (Avg.)
5.18% lower than 3Y

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 33d ago
AI opinion · based on fundamentals
Risk high

Corona Remedies Ltd is a healthcare company with a market cap of ₹12,668 Cr trading at a PE of 64x and 17.05x book value. The company has delivered compounded profit growth of 23% CAGR over 5 years with ROE of 30% in the last year, but its valuation multiples are significantly elevated relative to earnings and book value.

Bull Case 8
  • Strong profit growth of 33% CAGR over the last 3 years indicates accelerating earnings momentum
  • Last year ROE of 30% demonstrates efficient capital utilization and high-quality earnings generation
  • 5-year compounded sales growth of 19% reflects consistent top-line expansion and demand for products
  • 3-year ROE of 26% sustained over multiple years shows this is not a one-off performance spike
  • TTM sales growth of 18% indicates continued revenue momentum in the most recent period
  • TTM profit growth of 28% outpaces sales growth of 18%, suggesting improving operating leverage and margin expansion
  • Healthy dividend payout of 29.4% shows management commitment to returning capital to shareholders
  • 5-year ROE of 22% provides a long-term track record of generating above-average returns on equity
Bear Case 8
  • PE ratio of 64x is extremely elevated, pricing in substantial future growth and leaving little margin of safety
  • Price-to-book ratio of 17.05x means investors are paying a very steep premium over net asset value
  • Company might be capitalizing interest costs, which could overstate reported profitability and asset values
  • Dividend yield of just 0.48% offers minimal income return relative to the high valuation being paid
  • At 64x PE, even a slight deceleration in the 33% profit CAGR could trigger significant multiple compression
  • Absence of disclosed debt-to-equity ratio limits visibility into the company's leverage and financial risk profile
  • 10-year growth data is unavailable for sales, profit, and stock CAGR, making long-term consistency difficult to assess
  • 52-week high and low data are unavailable, reducing ability to gauge recent price volatility and trading range

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 28d ago
Positives 3
  • Q1 profit surges 30% Aug 3

    Net profit rose 30.1% YoY to ₹60.1 crore on revenue of ₹422.4 crore (up 21.9%), with EBITDA margin expanding to 22.04% from 20.49%.

  • Rank climbs to 26th in IPM Aug 3

    Corona Remedies moved up to 26th rank in the India Prescription Market and inaugurated an EU-GMP approved Female Hormone Manufacturing Facility in Ahmedabad.

  • Active investor engagement Aug 10

    Company attending Emkay and Equirus investor conferences on Aug 13-14, signalling proactive outreach to institutional investors.

Neutral 2
  • Q1FY27 earnings call posted Aug 3

    Audio recording of the Q1 FY27 earnings conference call for the quarter ended June 30, 2026 was made available on the company website per SEBI Regulation 30.

  • Analyst call scheduled Jul 22

    Corona Remedies announced a Q1FY27 analyst call on August 3, 2026, led by the MD, JMD, and CFO.

TL;DR: Corona Remedies delivered a strong Q1FY27 with 30% profit growth, healthy margin expansion, and improved market ranking. No identifiable headwinds emerged in the period. The new EU-GMP facility and rising IPM rank suggest the growth trajectory is intact, and active investor engagement points to confidence in near-term momentum.

Quarterly Results

Particulars Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
314
298
294
347
361
342
353
422
Expenses
247
228
239
277
283
259
291
329
Operating Profit
67
69
54
70
78
83
62
93
OPM %
21%
23%
18%
20%
22%
24%
18%
22%
Other Income
2
1
1
2
2
-17
4
3
Interest
3
2
2
2
2
2
1
3
Depreciation
9
10
10
9
9
9
10
13
PBT
57
58
43
61
70
55
54
80
Tax %
25%
23%
28%
24%
25%
25%
17%
25%
Net Profit
43
45
31
46
52
41
45
60
EPS in Rs
7.03
7.32
5.12
7.59
8.53
6.74
7.37
9.83
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
509
601
576
617
884
1,014
1,196
1,403
1,479
Expenses
444
509
471
600
756
859
956
1,109
1,162
Operating Profit
66
93
105
18
128
156
241
294
317
OPM %
13%
15%
18%
2.9%
14%
15%
20%
21%
21%
Other Income
3
3
5
7
7
5
5
-9
-7
Interest
1
2
2
5
4
14
11
7
8
Depreciation
14
16
16
20
20
28
37
38
42
PBT
54
77
92
-1
111
118
198
240
260
Tax %
35%
24%
24%
-49%
23%
24%
25%
23%
Net Profit
35
59
70
0
85
90
149
185
199
EPS in Rs
74.85
127
151
-0.08
13.85
14.8
24.37
30.22
32.47
Div. Payout %
0%
0%
0%
0%
20%
25%
30%
33%
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
5
5
5
51
61
61
61
61
Reserves
204
263
333
270
347
419
545
685
Borrowings
13
47
50
34
28
159
86
165
Other Liabilities
71
94
144
157
159
191
237
293
Total Liabilities
293
408
532
511
595
830
929
1,204
Fixed Assets
80
81
164
162
185
384
370
554
CWIP
4
42
0
14
65
121
186
143
Investments
9
7
37
14
31
25
25
25
Other Assets
200
278
330
321
314
301
348
482
Total Assets
293
408
532
511
595
830
929
1,204
Figures in ₹ Crores

Cash Flow

Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
19
43
79
98
103
157
190
229
Investing
-23
-50
-102
-66
-50
-267
-84
-256
Financing
4
30
0
-30
-45
99
-107
25
Net Cash Flow
-1
23
-23
2
8
-11
0
-1
Free Cash Flow
19
1
6
64
9
-129
99
56
CFO/OP
49
65
101
557
100
112
97
95
Figures in ₹ Crores

Ratios

Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
95
105
131
44
36
36
36
38
Inventory Days
69
52
77
184
182
158
200
175
Days Payable
126
110
182
211
163
184
221
206
Cash Conversion Cycle
38
48
27
17
55
10
14
7
Working Capital Days
67
81
86
16
30
-2
9
-15
ROCE %
30%
27%
1%
29%
25%
31%
33%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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63 extracted metrics + investor summaries across FY19–FY27.

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Shareholding Pattern

Public0.89%Promot.69.00%FIIs3.63%DIIs12.90%Others13.58%As ofJun 2026

Documents

Frequently Asked Questions about Corona Remedies

What does Corona Remedies Ltd do?
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]
Where is Corona Remedies Ltd (CORONA) listed?
Corona Remedies Ltd trades as CORONA on the NSE and under code 544644 on the BSE.
Which sector does Corona Remedies Ltd belong to?
Corona Remedies Ltd is classified under the Healthcare sector, in the Pharmaceuticals industry.
What is the market capitalisation of Corona Remedies Ltd?
Corona Remedies Ltd has a market capitalisation of ₹13,491 Cr, which places it in the Mid Cap band.
What is the PE ratio of Corona Remedies Ltd?
Corona Remedies Ltd trades at a PE ratio of 68.87, against a book value of ₹122.12 per share.
What is the 52-week high and low of Corona Remedies Ltd?
Over the last 52 weeks Corona Remedies Ltd has traded between ₹1,336.6 and ₹2,270.1.
Does Corona Remedies Ltd pay dividends?
Corona Remedies Ltd has a dividend yield of 0.45%.
What is the Return on Equity (ROE) of Corona Remedies Ltd?
Corona Remedies Ltd reported a return on equity of 24.79%. Its debt-to-equity ratio is 0.22.

Company Information

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]

CEO Mr. Niravkumar Kirtikumar Mehta
Employees 4,500
Listed 2025-12-15
Face Value ₹ 10
Issued Size 6,11,60,088

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