Poly Medicure Limited Announces Q1 Financial Results, ESOP Allotment, and Governance Updates

Poly Medicure Limited Announces Q1 Financial Results, ESOP Allotment, and Governance Updates​

Poly Medicure Limited held a Board of Directors meeting on August 7, 2026, during which it approved several significant corporate actions, including the unaudited financial results for the first quarter ended June 30, 2026. The meeting also covered the granting and allotment of stock options, the re-appointment of Cost Auditors, and the resignation of a Key Managerial Personnel (KMP).

Financial Results Snapshot​

The company released its consolidated and standalone unaudited financial results for the quarter ending June 30, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors.

Key performance indicators from the unaudited results are as follows:


The unaudited results for the quarter ending March 31, 2026, have been prepared as balancing figures between the audited figures of the full financial year and published year to date figures.

Capital Structure and Employee Benefits​

The company confirmed a capital structure adjustment following the allotment of stock options under its Employee Stock Option Scheme 2020. The Nomination & Remuneration Committee approved the allotment of 1,975 Equity Shares, each having a face value of Rs. 5, to eligible employees who exercised their options.

Consequent to this transaction, the paid-up Equity Share Capital of Poly Medicure Limited increased from Rs 50,67,97,450 (consisting of 10,13,59,490 equity shares) to Rs 50,68,07,325 (consisting of 10,13,61,465 equity shares).

In related news concerning employee motivation, the Committee also approved the grant of 1,476 Stock Options under the Employee Stock Option Scheme 2020 to eligible employees. The options were granted at an exercise price of Rs 100/- per share.

Governance and Appointments​

The Board meeting addressed critical matters related to corporate governance:

Cost Audit Appointment:
M/s Jai Prakash & Company was re-appointed as the Cost Auditors of Poly Medicure Limited for the Financial Year 2026-27. M/s Jai Prakash & Co, established in 2006, is a firm specializing in cost accounting and has experience serving various industries including pharmaceuticals and engineering.

KMP Resignation:
The Board noted the resignation of Mr Ravi Prakash from his position as Deputy Company Secretary and Compliance Officer (Key Managerial Personnel). He tendered his resignation on July 21, 2026, stating a desire to pursue alternative career opportunities outside the organization. Mr Prakash is scheduled to be relieved of his responsibilities effective August 10, 2026.

Consolidated Group Entities​

The consolidated financial statements for the quarter ending June 30, 2026, include the company and various subsidiaries and associates across different countries:

POLYMED Stock Price Movement​

Today, Poly Medicure Limited shares shed 0.82% in post-market trading, closing at ₹1695.20. The stock traded a volume of 225,164 shares during the session.