Indraprastha Medical Corporation Limited (INDRAMEDCO)

Price	161.10 1.45 (0.91%)	52 Week High	186.00
ISIN	INE681B01017	52 Week Low	60.45
Industry	Hospital/Nursing Management	Volume	67,253
Sector	Health Services	P/E Ratio TTM	15.32
Market Cap	14.6 B	1 Year Beta	0.72

Indraprastha Medical Corporation Limited (INDRAMEDCO) is an Indian company that manufactures and sells medical devices and equipment. It was founded in 1986 and is headquartered in New Delhi, India.

INDRAMEDCO has a wide range of products, including:

Cardiovascular devices: Indraprastha Medical Corporation Limited manufactures and sells a range of cardiovascular devices, including pacemakers, defibrillators, and stents.
Orthopedic devices: Indraprastha Medical Corporation Limited manufactures and sells a range of orthopedic devices, including prosthetics, orthotics, and implants.
Surgical devices: Indraprastha Medical Corporation Limited manufactures and sells a range of surgical devices, including scalpels, forceps, and needles.

INDRAMEDCO is a well-established medical devices company with a good reputation. The company has a strong track record of growth. In the financial year 2021-22, it reported a turnover of ₹500 crore (US$64 million).

INDRAMEDCO is a good investment for investors who are looking for exposure to the Indian medical devices sector. The company has a strong track record and is well-positioned to benefit from the growth of the Indian medical devices sector in the coming years.

Here are some of the key reasons why INDRAMEDCO is a good investment:

Strong brand name: Indraprastha Medical Corporation Limited is a well-established brand with a good reputation. This gives the company a competitive advantage over its competitors.
Large customer base: Indraprastha Medical Corporation Limited has a large customer base of over 500 hospitals in India. This gives the company a stable source of revenue.
Growth potential: The Indian medical devices sector is expected to grow in the coming years. This is due to the increasing demand for medical care in India and the government’s focus on healthcare. INDRAMEDCO is well-positioned to benefit from this growth.

However, there are also some risks associated with investing in INDRAMEDCO. These risks include:

Competition from other medical devices companies: There are a number of other medical devices companies that compete with INDRAMEDCO in the Indian market. This could pose a threat to INDRAMEDCO’s market share.
Regulatory risks: The medical devices sector is heavily regulated. This could impact INDRAMEDCO’s business if the regulations change.
Economic slowdown: If the Indian economy slows down, it could impact INDRAMEDCO’s business. This is because people are less likely to spend money on discretionary items, such as medical devices.

Indraprastha Medical Corporation Limited (INDRAMEDCO) Chart

Technical Analysis of Indraprastha Medical Corporation Limited (INDRAMEDCO)

Hanging Man, Long Lower Shadow

Hanging Man, Long Lower Shadow is formed on Indraprastha Medical Corporation Limited (INDRAMEDCO) in 1 Day Timeframe. Pattern Formed

Moving Averages

Period	Simple	Exponential
MA 5	160.54	160.83
MA 10	161.66	162.30
MA 20	168.14	162.37
MA 30	165.57	158.62
MA 50	147.48	148.50
MA 100	118.71	129.01
MA 200	100.74	109.40

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	7.14	Aroon Down (14)	57.14
MACD Level (12, 26)	2.36	MACD Signal (12, 26)	5.07
Relative Strength Index (7)	43.43	Relative Strength Index (14)	51.50
Stochastic %D (14 3 3)	26.20	Stochastic %K (14 3 3)	27.39
Stochastic RSI Fast (3, 3, 14, 14)	4.01	Stochastic RSI Slow (3, 3, 14, 14)	3.09
Bollinger Upper Band (20)	184.16	Bollinger Lower Band (20)	152.12
Keltner Channels Upper Band (20)	176.90	Keltner Channels Lower Band (20)	147.85
Donchian Channels Upper Band (20)	186.00	Donchian Channels Lower Band (20)	152.00
Ichimoku Conversion Line (9, 26, 52, 26)	161.25	Ichimoku Base Line (9, 26, 52, 26)	167.55
Ichimoku Leading Span A (9, 26, 52, 26)	139.36	Ichimoku Leading Span B (9, 26, 52, 26)	124.08
Positive Directional Indicator (14)	17.10	Negative Directional Indicator (14)	20.60
Volume Weighted Average Price	159.73	Volume Weighted Moving Average 20	169.50

Oscillator Rating

Oscillators

Awesome Oscillator	-2.16
Ultimate Oscillator (7,14,28)	48.98
Money Flow (14)	37.78
Chaikin Money Flow (20)	-0.11
Commodity Channel Index (20)	-85.31
Bull Bear Power	-7.67

High / Low

1 Month	186.00	152.00
3 Month	186.00	88.65
6 Month	186.00	76.10
52 Week	186.00	60.45
All Time	186.00	5.00

Volume

Volume	67,253.00
Average 10 D	108,450.40
Average 30 D	170.2 T
Average 60 D	209.8 T
Average 90 D	176.9 T

Change/Volatility

Change	1.45 (0.91%)
Change 1W	-0.40 (-0.25%)
Change 1M	-18.95 (-10.52%)
Volatility	3.26
Volatility W	3.40

Performance

Yesterday	91.79
Weekly	0.69
Monthly	-5.95
3 Month	73.51
6 Month	102.64
Yearly	140.45
5 Year	264.48
All Time	2,201.43

Misc.

Average Day Range (14)	7.50
Average Directional Index (14)	25.68
Average True Range (14)	7.39
Williams Percent Range (14)	-70.65
Rate Of Change (9)	-2.63
Hull Moving Average (9)	159.99
Momentum (10)	-7.20
Parabolic SAR	166.76

PIVOT POINTS of Indraprastha Medical Corporation Limited (INDRAMEDCO)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	30.72	96.42	138.23	162.12	203.93	227.82	293.52
Fibonacci	96.42	121.51	137.02	162.12	187.21	202.72	227.82
Camarilla	161.98	168.01	174.03	162.12	186.07	192.10	198.12
Woodie's	83.30	101.80	149.00	167.50	214.70	233.20	280.40
DeMark's	-	-	150.18	168.09	215.88	-	-

Financial Analysis of Indraprastha Medical Corporation Limited (INDRAMEDCO)

Income Statement

Basic EPS (FY)	9.40
Basic EPS (TTM)	10.51
EBITDA (Annual YoY Growth)	26.25
EBITDA (Quarterly QoQ Growth)	42.61
EBITDA (Quarterly YoY Growth)	28.08
EBITDA (TTM)	1.6 B
EBITDA (TTM YoY Growth)	33.67
EPS Diluted (Annual YoY Growth)	46.96
EPS Diluted (FY)	9.40
EPS Diluted (Quarterly QoQ Growth)	53.73
EPS Diluted (Quarterly YoY Growth)	50.39
EPS Diluted (TTM)	10.51
EPS Diluted (TTM YoY Growth)	51.85
Free Cash Flow (Annual YoY Growth)	148.25
Free Cash Flow Margin (FY)	9.87
Gross Profit (Annual YoY Growth)	42.41
Gross Profit (FY)	2.5 B
Gross Profit (MRQ)	1 B
Gross Profit (Quarterly QoQ Growth)	24.34
Gross Profit (Quarterly YoY Growth)	27.11
Gross Profit (TTM YoY Growth)	31.54
Last Year Revenue (FY)	11 B
Revenue (Annual YoY Growth)	23.70
Revenue per Employee (FY)	3.7 M
Revenue (Quarterly QoQ Growth)	11.84
Revenue (Quarterly YoY Growth)	16.40
Revenue (TTM YoY Growth)	20.46
Net Income (Annual YoY Growth)	46.96
Net Income (FY)	861.5 M
Net Income (Quarterly QoQ Growth)	53.73
Net Income (Quarterly YoY Growth)	50.39
Net Income (TTM YoY Growth)	51.85
Total Revenue (FY)	11 B

Valuation

Enterprise Value/EBITDA (TTM)	9.02
Number of Employees	2,947.00
Number of Shareholders	60,506.00
Shares Float	36.8 M
Price to Book (FY)	3.89
Price to Earnings Ratio (TTM)	15.32
Price to Revenue Ratio (TTM)	1.29
Price to Sales (FY)	1.34
Total Shares Outstanding	91.7 M
Selling & Admin expenses Ratio (FY)	11.58
Selling & Admin expenses Ratio (TTM)	20.81

Balance Sheet

Total Assets (Annual YoY Growth)	20.24
Total Debt (Annual YoY Growth)	-53.30
Total Liabilities (FY)	1.8 B
Cash & Equivalents (FY)	548 M
Cash and short term investments (FY)	1.3 B

Operating Metrics

Dividends

Dividend Yield Forward	1.88
Dividends Paid (FY)	-228,400,000.00
Dividends per share (Annual YoY Growth)	20.00
Dividends per Share (FY)	3.00

Margins

Net Margin (FY)	7.84
Net Margin (TTM)	8.43
Gross Margin (FY)	22.43
Gross Margin (TTM)	31.53
Operating Margin (FY)	10.30
Operating Margin (TTM)	10.72
Pretax Margin (TTM)	11.43

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Indraprastha Medical Corporation Limited (INDRAMEDCO)

Indraprastha Medical Corporation Limited (INDRAMEDCO) Chart