Poly Medicure Ltd - Company Profile
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Poly Medicure Ltd (Polymed) is a manufacturer and exporter of medical devices. The company manufactures products for oncology, infusion therapy, cardiology, gastroenterology, urology, anesthesia, respiratory care, COVID care products, dialysis, surgery and wound drainage, blood collection systems, and blood management. Polymed’s product portfolio includes anesthesia disposables, infusion sets, gastroenterology tubes, catheters, surgery and wound drainage products, and diagnostics disposables. It has manufacturing facilities located in India, Egypt, Italy, and China. The company markets products in other countries through a direct sales force and distributors. Polymed is headquartered in Faridabad, Haryana, India.
Headquarters
India
Address
Plot No.104-105 & 115-116 , Sector-59, Hsidc Industrial Area, Ballabgarh, Faridabad, Haryana, 121004
Website
www.polymedicure.com
Telephone
91 129 2307000
No of Employees
3,082
Industry
Medical Equipment
Ticker Symbol & Exchange
POLYMED (NSE)
Revenue (2025)
$199.6M
21.4%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
31.1%
(2025 vs 2024)
Market Cap*
$1.8B
Net Profit Margin (2025)
XYZ
8.0%
(2025 vs 2024)
* As of and is in US$
Poly Medicure Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Infusion Therapy: | Polymed |
| Safety Closed IV Catheter System | |
| Blood Control IV Cannula | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Regulatory Approval | In November, the company received regulatory approval of Food and Drug Administration(FDA) 510(k) for Polyshield Safety I.V. Cannula. |
| 2025 | Contracts/Agreements | In September, the company entered into definitive agreements to acquire a 90% stake in PendraCare Group, consisting of PendraCare Holdings and Wellinq Medical from Wellinq Holdings B.V. |
| 2025 | Regulatory Approval | In August, the company received approval from the National Company Law Tribunal, Allahabad Bench, to acquire Himalayan Mineral Waters Private Limited. |
Competitor Comparison
| Key Parameters | Poly Medicure Ltd | Centenial Surgical Suture Ltd | Span Divergent Ltd | Angiplast Pvt Ltd | Lifelong Meditech Pvt Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Faridabad | Thane | Surat | Ahmedabad | New Delhi |
| State/Province | Haryana | Maharashtra | Gujarat | Gujarat | Delhi |
| No. of Employees | 3,082 | 280 | 6 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Devendra Raj Mehta | Chairman | Non Executive Board | 2014 | 89 |
| Pankaj Kumar Gupta | Director | Executive Board | 2025 | 51 |
| Himanshu Baid | Managing Director; Director | Executive Board | 1995 | 58 |
| Rishi Baid | Director | Executive Board | 2025 | 54 |
| Vishal Gupta | Director | Executive Board | - | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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