INDOCO
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- 6M
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Recent events
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News
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Corporate Actions
Indoco Remedies Receives EIR From USFDA For API Facility
Dec 11 (Reuters) - Indoco Remedies Ltd INRM.NS:
RECEIVES EIR FROM USFDA FOR API FACILITY
SUCCESSFUL INSPECTION OF FACILITY IN SEPTEMBER 2025
Source text: ID:nBSE7Dpkn3
Further company coverage: INRM.NS
(([email protected];))
Dec 11 (Reuters) - Indoco Remedies Ltd INRM.NS:
RECEIVES EIR FROM USFDA FOR API FACILITY
SUCCESSFUL INSPECTION OF FACILITY IN SEPTEMBER 2025
Source text: ID:nBSE7Dpkn3
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Says USFDA Completes Inspection At Co's API Facility With Zero Observations
Sept 19 (Reuters) - Indoco Remedies Ltd INRM.NS:
USFDA COMPLETES INSPECTION AT INDOCO'S API FACILITY WITH ZERO OBSERVATIONS
USFDA COMPLETED INSPECTION OF API FACILITY AT PATALGANGA
Source text: ID:nBSE4wlZgZ
Further company coverage: INRM.NS
(([email protected];;))
Sept 19 (Reuters) - Indoco Remedies Ltd INRM.NS:
USFDA COMPLETES INSPECTION AT INDOCO'S API FACILITY WITH ZERO OBSERVATIONS
USFDA COMPLETED INSPECTION OF API FACILITY AT PATALGANGA
Source text: ID:nBSE4wlZgZ
Further company coverage: INRM.NS
(([email protected];;))
Indoco Remedies June-Quarter Consol Net Loss 357.9 Mln Rupees
July 24 (Reuters) - Indoco Remedies Ltd INRM.NS:
JUNE-QUARTER CONSOL NET LOSS 357.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.29 BILLION RUPEES
Source text: ID:nBSE1Ncwkn
Further company coverage: INRM.NS
(([email protected];;))
July 24 (Reuters) - Indoco Remedies Ltd INRM.NS:
JUNE-QUARTER CONSOL NET LOSS 357.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.29 BILLION RUPEES
Source text: ID:nBSE1Ncwkn
Further company coverage: INRM.NS
(([email protected];;))
India's Indoco Remedies gains after US FDA approval for uric acid regulating drug
** India's Indoco Remedies INRM.NS up 2% at 247.56 rupees
** Co gets approval from U.S. Food and Drug Administration (FDA) for Allopurinol tablets, used to prevent or lower uric acid levels in the blood
** Approval to be positive for growth in the U.S. market, says co
** Including session's gains, stock trims 12-month decline to 20.6%
(Reporting by Ananta Agarwal in Bengaluru)
** India's Indoco Remedies INRM.NS up 2% at 247.56 rupees
** Co gets approval from U.S. Food and Drug Administration (FDA) for Allopurinol tablets, used to prevent or lower uric acid levels in the blood
** Approval to be positive for growth in the U.S. market, says co
** Including session's gains, stock trims 12-month decline to 20.6%
(Reporting by Ananta Agarwal in Bengaluru)
India's Indoco Remedies falls after US FDA inspection at facility
** Indoco Remedies INRM.NS slips as much as 6.4% to 216.07 rupees
** Pharma co's clinical research organisation AnaCipher completes 5-day comprehensive U.S. Food and Drug Administration (FDA) inspection
** Facility gets Form 483 - a notice of violations or issues found in co's practices or products, indicating non-compliance with regulations
** Co did not specify the issues found
** INRM last down 3.5%, extending YTD losses to 30.5%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Indoco Remedies INRM.NS slips as much as 6.4% to 216.07 rupees
** Pharma co's clinical research organisation AnaCipher completes 5-day comprehensive U.S. Food and Drug Administration (FDA) inspection
** Facility gets Form 483 - a notice of violations or issues found in co's practices or products, indicating non-compliance with regulations
** Co did not specify the issues found
** INRM last down 3.5%, extending YTD losses to 30.5%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Indoco Remedies Says Anacipher Completes US FDA Inspection
March 10 (Reuters) - Indoco Remedies Ltd INRM.NS:
ANACIPHER COMPLETES US FDA INSPECTION
FACILITY RECEIVED ONE FORM 483 AT END OF INSPECTION
Source text: ID:nBSE5XTyjs
Further company coverage: INRM.NS
(([email protected];;))
March 10 (Reuters) - Indoco Remedies Ltd INRM.NS:
ANACIPHER COMPLETES US FDA INSPECTION
FACILITY RECEIVED ONE FORM 483 AT END OF INSPECTION
Source text: ID:nBSE5XTyjs
Further company coverage: INRM.NS
(([email protected];;))
Indoco Remedies Gets Notice For Potential Tax Demand Of 85 Million Rupees
Feb 12 (Reuters) - Indoco Remedies Ltd INRM.NS:
GETS NOTICE FOR POTENTIAL TAX DEMAND OF 85 MILLION RUPEES
Source text: ID:nBSE34Vz9y
Further company coverage: INRM.NS
(([email protected];;))
Feb 12 (Reuters) - Indoco Remedies Ltd INRM.NS:
GETS NOTICE FOR POTENTIAL TAX DEMAND OF 85 MILLION RUPEES
Source text: ID:nBSE34Vz9y
Further company coverage: INRM.NS
(([email protected];;))
India's Indoco Remedies falls after Prabhudas Lilladher cuts to 'hold'
** Shares of pharmaceutical co Indoco Remedies Ltd INRM.NS fall ~11% to 304 rupees, set for biggest one-day pct decline since January 2023
** Prabhudas Lilladher downgrades stock to 'hold' from 'accumulate', raises PT slightly to 325 rupees from 320 rupees
** Brokerage says Q3 U.S. sales were impacted by warning letter from FDA for a manufacturing plant in Goa
** Says, FY26 and FY27 margins to be hit by lower sales across regulated markets and ongoing remediation costs in relation to the letter
** INRM's headcount and repair & maintenance expenses will remain elevated - brokerage
** Cuts FY26 EPS estimate by 74.3% to 3.2 rupees and FY27 EPS estimate by 23.5% to 12.5 rupees
** Stock rated 'hold' on avg by 3 analysts, with median PT at 325 rupees- LSEG data
** Stock down 17.5% in last 12 months
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of pharmaceutical co Indoco Remedies Ltd INRM.NS fall ~11% to 304 rupees, set for biggest one-day pct decline since January 2023
** Prabhudas Lilladher downgrades stock to 'hold' from 'accumulate', raises PT slightly to 325 rupees from 320 rupees
** Brokerage says Q3 U.S. sales were impacted by warning letter from FDA for a manufacturing plant in Goa
** Says, FY26 and FY27 margins to be hit by lower sales across regulated markets and ongoing remediation costs in relation to the letter
** INRM's headcount and repair & maintenance expenses will remain elevated - brokerage
** Cuts FY26 EPS estimate by 74.3% to 3.2 rupees and FY27 EPS estimate by 23.5% to 12.5 rupees
** Stock rated 'hold' on avg by 3 analysts, with median PT at 325 rupees- LSEG data
** Stock down 17.5% in last 12 months
(Reporting by Ananta Agarwal in Bengaluru)
Indoco Remedies Dec-Qtr Consol Net Loss 263.9 Mln Rupees
Jan 21 (Reuters) - Indoco Remedies Ltd INRM.NS:
DEC-QUARTER CONSOL NET LOSS 263.9 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.02 BILLION RUPEES
Source text: ID:nBSEv9z6N
Further company coverage: INRM.NS
(([email protected];;))
Jan 21 (Reuters) - Indoco Remedies Ltd INRM.NS:
DEC-QUARTER CONSOL NET LOSS 263.9 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.02 BILLION RUPEES
Source text: ID:nBSEv9z6N
Further company coverage: INRM.NS
(([email protected];;))
Indoco Remedies Gets Warning Letter From USFDA For Goa Facility
Dec 17 (Reuters) - Indoco Remedies Ltd INRM.NS:
INDOCO REMEDIES LTD - WARNING LETTER FROM USFDA FOR GOA FACILITY
INDOCO REMEDIES - CONTINUE TO SUPPLY PRODUCTS FROM GOA FACILITY
Source text: ID:nBSE4zQYKc
Further company coverage: INRM.NS
(([email protected];))
Dec 17 (Reuters) - Indoco Remedies Ltd INRM.NS:
INDOCO REMEDIES LTD - WARNING LETTER FROM USFDA FOR GOA FACILITY
INDOCO REMEDIES - CONTINUE TO SUPPLY PRODUCTS FROM GOA FACILITY
Source text: ID:nBSE4zQYKc
Further company coverage: INRM.NS
(([email protected];))
India's Indoco Remedies rises on signing pharma distribution pact for UK launch
** Shares of Indoco Remedies INRM.NS rise 6.2% to 342 rupees
** Pharmaceuticals co enters into distribution partnership with UK-based Clarity Pharma
** Co will launch around 20 products over next 18 months through Clarity Pharma as its distributor in UK
** Trading vols at 287,516, 2.1x 30-day average
** INRM down ~12% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Indoco Remedies INRM.NS rise 6.2% to 342 rupees
** Pharmaceuticals co enters into distribution partnership with UK-based Clarity Pharma
** Co will launch around 20 products over next 18 months through Clarity Pharma as its distributor in UK
** Trading vols at 287,516, 2.1x 30-day average
** INRM down ~12% YTD
(Reporting by Vijay Malkar)
(([email protected];))
Indoco Remedies Announces Strategic Distribution Partnership With Clarity Pharma, UK
Dec 2 (Reuters) - Indoco Remedies Ltd INRM.NS:
ANNOUNCES STRATEGIC DISTRIBUTION PARTNERSHIP WITH CLARITY PHARMA, UK
WILL LAUNCH AROUND 20 PRODUCTS OVER NEXT 18 MONTHS THROUGH CLARITY PHARMA
WILL LAUNCH AROUND 20 PRODUCTS OVER 18 MONTHS THROUGH CLARITY PHARMA IN UK
WILL CONTINUE TO SUPPLY ALL PRODUCTS UNDER EXISTING B2B PARTNERSHIP TO CLIENTS
Source text: ID:nBSE6S0M60
Further company coverage: INRM.NS
(([email protected];;))
Dec 2 (Reuters) - Indoco Remedies Ltd INRM.NS:
ANNOUNCES STRATEGIC DISTRIBUTION PARTNERSHIP WITH CLARITY PHARMA, UK
WILL LAUNCH AROUND 20 PRODUCTS OVER NEXT 18 MONTHS THROUGH CLARITY PHARMA
WILL LAUNCH AROUND 20 PRODUCTS OVER 18 MONTHS THROUGH CLARITY PHARMA IN UK
WILL CONTINUE TO SUPPLY ALL PRODUCTS UNDER EXISTING B2B PARTNERSHIP TO CLIENTS
Source text: ID:nBSE6S0M60
Further company coverage: INRM.NS
(([email protected];;))
India's Indoco Remedies rises on FDA approval for anti-smoking drug
** Shares of Indoco Remedies INRM.NS rise as much as 5% to 317.50 rupees
** Co gets U.S. FDA approval for varenicline tablets, which are used to help quit smoking
** INRM last up about 2%, set to snap nine-session losing streak
** Stock still down ~22% so far this year, on track for third straight year of losses
** YTD, peers Pfizer Ltd PFIZ.NS and Ajanta Pharma AJPH.NS up ~20% and ~43%, respectively
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Indoco Remedies INRM.NS rise as much as 5% to 317.50 rupees
** Co gets U.S. FDA approval for varenicline tablets, which are used to help quit smoking
** INRM last up about 2%, set to snap nine-session losing streak
** Stock still down ~22% so far this year, on track for third straight year of losses
** YTD, peers Pfizer Ltd PFIZ.NS and Ajanta Pharma AJPH.NS up ~20% and ~43%, respectively
(Reporting by Dimpal Gulwani in Bengaluru)
Indoco Remedies falls after swinging to Q2 loss
** Shares of Indoco Remedies INRM.NS drop ~4% to 308.25 rupees; set for sixth straight session of losses
** Drugmaker reports Q2 consol loss of 95.7 mln rupees ($1.1 mln) vs profit of 350.8 mln rupees a year ago
** Says supply constraints hurt performance of its international formulations business
** Trading volume at 3x the 30-day avg
** INRM down ~23% YTD
($1 = 84.0430 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Indoco Remedies INRM.NS drop ~4% to 308.25 rupees; set for sixth straight session of losses
** Drugmaker reports Q2 consol loss of 95.7 mln rupees ($1.1 mln) vs profit of 350.8 mln rupees a year ago
** Says supply constraints hurt performance of its international formulations business
** Trading volume at 3x the 30-day avg
** INRM down ~23% YTD
($1 = 84.0430 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
Indoco Remedies Says USFDA Determins Inspection Classification Of Goa Facility Official Action Indicated
Oct 11 (Reuters) - Indoco Remedies Ltd INRM.NS:
USFDA DETERMINS INSPECTION CLASSIFICATION OF GOA FACILITY OFFICIAL ACTION INDICATED
Source text for Eikon: ID:nBSE5wncb0
Further company coverage: INRM.NS
(([email protected];;))
Oct 11 (Reuters) - Indoco Remedies Ltd INRM.NS:
USFDA DETERMINS INSPECTION CLASSIFICATION OF GOA FACILITY OFFICIAL ACTION INDICATED
Source text for Eikon: ID:nBSE5wncb0
Further company coverage: INRM.NS
(([email protected];;))
India's Indoco Remedies rises on US FDA approval
** Shares of Indoco Remedies INRM.NS rise as much as 3.3% to 350.70 rupees
** Pharmaceutical co says it has received final approval from the U.S. FDA for an abbreviated new drug application (ANDA) for cetirizine hydrochloride tablets
** Cetirizine is used for relief from symptoms of hay fever and other allergic conditions
** Adds, cetirizine hydrochloride tablets will be manufactured at co's Goa facility
** Avg rating of three analysts equivalent of "buy", median PT is 338 rupees - LSEG data
** Stock last up 2%, cutting YTD loss to 12.4%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Indoco Remedies INRM.NS rise as much as 3.3% to 350.70 rupees
** Pharmaceutical co says it has received final approval from the U.S. FDA for an abbreviated new drug application (ANDA) for cetirizine hydrochloride tablets
** Cetirizine is used for relief from symptoms of hay fever and other allergic conditions
** Adds, cetirizine hydrochloride tablets will be manufactured at co's Goa facility
** Avg rating of three analysts equivalent of "buy", median PT is 338 rupees - LSEG data
** Stock last up 2%, cutting YTD loss to 12.4%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's Indoco Remedies up on FDA nod for opioid withdrawal drug
** Shares of Indoco Remedies INRM.NS rise 4.6%
** Pharma co gets U.S. FDA approval for drug used to treat acute opioid withdrawal syndrome
** INRM set for third straight session of gains
** Traded vol of more than 820,000 shares is 8x the 30-day avg; stock's busiest session since mid January - LSEG data
** Stock down ~15% YTD, had fallen ~3% in 2023 for second straight year of losses
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Indoco Remedies INRM.NS rise 4.6%
** Pharma co gets U.S. FDA approval for drug used to treat acute opioid withdrawal syndrome
** INRM set for third straight session of gains
** Traded vol of more than 820,000 shares is 8x the 30-day avg; stock's busiest session since mid January - LSEG data
** Stock down ~15% YTD, had fallen ~3% in 2023 for second straight year of losses
(Reporting by Dimpal Gulwani in Bengaluru)
Indoco Remedies June-Quarter Consol Net Profit At 26.2 Million Rupees
July 23 (Reuters) - Indoco Remedies Ltd INRM.NS:
JUNE-QUARTER CONSOL NET PROFIT 26.2 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.24 BILLION RUPEES
Source text for Eikon: ID:nBSE92PYtL
Further company coverage: INRM.NS
(([email protected];))
July 23 (Reuters) - Indoco Remedies Ltd INRM.NS:
JUNE-QUARTER CONSOL NET PROFIT 26.2 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.24 BILLION RUPEES
Source text for Eikon: ID:nBSE92PYtL
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Receives Tentative ANDA Approval For Canagliflozin, Metformin Hydrochloride Tablets
June 6 (Reuters) - Indoco Remedies Ltd INRM.NS:
RECEIVES TENTATIVE ANDA APPROVAL FROM USFDA FORCANAGLIFLOZIN AND METFORMIN HYDROCHLORIDE TABLETS
Further company coverage: INRM.NS
(([email protected];))
June 6 (Reuters) - Indoco Remedies Ltd INRM.NS:
RECEIVES TENTATIVE ANDA APPROVAL FROM USFDA FORCANAGLIFLOZIN AND METFORMIN HYDROCHLORIDE TABLETS
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Gets Final ANDA Approval From USFDA For Pregabalin Capsules
May 21 (Reuters) - Indoco Remedies Ltd INRM.NS:
INDOCO REMEDIES LTD - RECEIVES FINAL ANDA APPROVAL FROM USFDA FOR PREGABALIN CAPSULES
INDOCO REMEDIES LTD - PREGABALIN CAPSULES WILL BE MANUFACTURED BY CO AT GOA
Source text for Eikon: ID:nBSEbsFHD4
Further company coverage: INRM.NS
(([email protected];))
May 21 (Reuters) - Indoco Remedies Ltd INRM.NS:
INDOCO REMEDIES LTD - RECEIVES FINAL ANDA APPROVAL FROM USFDA FOR PREGABALIN CAPSULES
INDOCO REMEDIES LTD - PREGABALIN CAPSULES WILL BE MANUFACTURED BY CO AT GOA
Source text for Eikon: ID:nBSEbsFHD4
Further company coverage: INRM.NS
(([email protected];))
India's Indoco Remedies slips on Q4 profit drop
** Shares of pharmaceuticals company Indoco Remedies INRM.NS fall 2% to 321 rupees
** Co reports a 12% fall in Q4 net profit as costs surge
** Stock opened 1.2% higher ahead of the results, and rose as much as 2.24%
** INRM trading below its 100-day and 200-day simple moving averages since mid-April
** Stock down 2.7% so far in May, eyes fifth consecutive session of falls
($1 = 83.4975 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of pharmaceuticals company Indoco Remedies INRM.NS fall 2% to 321 rupees
** Co reports a 12% fall in Q4 net profit as costs surge
** Stock opened 1.2% higher ahead of the results, and rose as much as 2.24%
** INRM trading below its 100-day and 200-day simple moving averages since mid-April
** Stock down 2.7% so far in May, eyes fifth consecutive session of falls
($1 = 83.4975 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Indoco Remedies Unit Warren Remedies Commences Commercial Production From Aurangabad Manufacturing Facility
March 25 (Reuters) - Indoco Remedies Ltd INRM.NS:
UNIT WARREN REMEDIES COMMENCED COMMERCIAL PRODUCTION FROM AURANGABAD MANUFACTURING FACILITY
UNIT COMMENCES COMMERCIAL PRODUCTION OF PHARMACEUTICAL INTERMEDIATES
Source text for Eikon: ID:nBSE553kkm
Further company coverage: INRM.NS
(([email protected];))
March 25 (Reuters) - Indoco Remedies Ltd INRM.NS:
UNIT WARREN REMEDIES COMMENCED COMMERCIAL PRODUCTION FROM AURANGABAD MANUFACTURING FACILITY
UNIT COMMENCES COMMERCIAL PRODUCTION OF PHARMACEUTICAL INTERMEDIATES
Source text for Eikon: ID:nBSE553kkm
Further company coverage: INRM.NS
(([email protected];))
India's Indoco Remedies Ltd Dec-Quarter Consol Net Profit Falls
Jan 23 (Reuters) - Indoco Remedies Ltd INRM.NS:
DEC-QUARTER CONSOL NET PROFIT 163 MILLION RUPEES VERSUS PROFIT 281.5 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.59 BILLION RUPEES VERSUS 4.11 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INRM.NS
(([email protected];))
Jan 23 (Reuters) - Indoco Remedies Ltd INRM.NS:
DEC-QUARTER CONSOL NET PROFIT 163 MILLION RUPEES VERSUS PROFIT 281.5 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.59 BILLION RUPEES VERSUS 4.11 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INRM.NS
(([email protected];))
India's Indoco Remedies rises on US FDA approval for diabetes drug
** Shares of Indoco Remedies INRM.NS climb as much as 4.97% to 404.70 rupees, highest since Jan. 24, 2023
** Pharmaceutical products maker gets tentative approval from U.S. FDA for Canagliflozin tablets, 100 mg and 300 mg
** Drug used to treat adults with type 2 diabetes mellitus; to be manufactured at INRM's facility in Goa
** Trading volume is ~464,500 shares as of 3:10 p.m. IST, 3.2 times the 30-day avg - LSEG data
** INRM down 2.34% in 2023 so far, including session's gains
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Indoco Remedies INRM.NS climb as much as 4.97% to 404.70 rupees, highest since Jan. 24, 2023
** Pharmaceutical products maker gets tentative approval from U.S. FDA for Canagliflozin tablets, 100 mg and 300 mg
** Drug used to treat adults with type 2 diabetes mellitus; to be manufactured at INRM's facility in Goa
** Trading volume is ~464,500 shares as of 3:10 p.m. IST, 3.2 times the 30-day avg - LSEG data
** INRM down 2.34% in 2023 so far, including session's gains
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Indoco Remedies Says USFDA Conducts Pre-Approval Inspection At Solid Oral Formulation Facility In Goa
Oct 19 (Reuters) - Indoco Remedies Ltd INRM.NS:
A PRE-APPROVAL INSPECTION WAS CONDUCTED BY USFDA AT CO’S SOLID ORAL FORMULATION FACILITY (PLANT I) LOCATED AT GOA
PRE-APPROVAL INSPECTION WAS CONDUCTED FOR TWO DRUG PRODUCT APPLICATIONS (ANDAS) FILED FROM FACILITY
INDOCO REMEDIES LTD - USFDA HAS ISSUED ‘FOUR OBSERVATIONS’ IN FORM 483 AT END OF PRE-APPROVAL INSPECTION
Further company coverage: INRM.NS
(([email protected];))
Oct 19 (Reuters) - Indoco Remedies Ltd INRM.NS:
A PRE-APPROVAL INSPECTION WAS CONDUCTED BY USFDA AT CO’S SOLID ORAL FORMULATION FACILITY (PLANT I) LOCATED AT GOA
PRE-APPROVAL INSPECTION WAS CONDUCTED FOR TWO DRUG PRODUCT APPLICATIONS (ANDAS) FILED FROM FACILITY
INDOCO REMEDIES LTD - USFDA HAS ISSUED ‘FOUR OBSERVATIONS’ IN FORM 483 AT END OF PRE-APPROVAL INSPECTION
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Says Amount Of Loss Due To Fire At Aurangabad Plant Is About 78.6 Million Rupees
Sept 7 (Reuters) - Indoco Remedies Ltd INRM.NS:
AMOUNT OF LOSS DUE TO FIRE AT AURANGABAD PLANT IS ABOUT 78.6 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INRM.NS
(([email protected];))
Sept 7 (Reuters) - Indoco Remedies Ltd INRM.NS:
AMOUNT OF LOSS DUE TO FIRE AT AURANGABAD PLANT IS ABOUT 78.6 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Says Amount Of Loss Due To July 29 Fire Around 78.6 Million Rupees
Aug 28 (Reuters) - Indoco Remedies Ltd INRM.NS:
AMOUNT OF LOSS DUE TO JULY 29 FIRE IS APPROXIMATELY 78.6 MILLION RUPEES
Source text for Eikon: ID:nBSE7NdcXx
Further company coverage: INRM.NS
(([email protected];))
Aug 28 (Reuters) - Indoco Remedies Ltd INRM.NS:
AMOUNT OF LOSS DUE TO JULY 29 FIRE IS APPROXIMATELY 78.6 MILLION RUPEES
Source text for Eikon: ID:nBSE7NdcXx
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Says Auranagabad Plant Production Operations Resumed After Fire Incident
Aug 4 (Reuters) - Indoco Remedies Ltd INRM.NS:
PRODUCTION OPERATIONS AT AURANGABAD PLANT WAS TEMPORARILY DISRUPTED DUE TO FIRE ACCIDENT ON JULY 29
PRODUCTION OPERATIONS AT PLANT HAS BEEN RESUMED FROM AUGUST 3, 2023
Source text for Eikon: ID:nBSE8zB6Nx
Further company coverage: INRM.NS
(([email protected];))
Aug 4 (Reuters) - Indoco Remedies Ltd INRM.NS:
PRODUCTION OPERATIONS AT AURANGABAD PLANT WAS TEMPORARILY DISRUPTED DUE TO FIRE ACCIDENT ON JULY 29
PRODUCTION OPERATIONS AT PLANT HAS BEEN RESUMED FROM AUGUST 3, 2023
Source text for Eikon: ID:nBSE8zB6Nx
Further company coverage: INRM.NS
(([email protected];))
Indoco Remedies Says Baddi Facility (Unit I) Receives GMP Certification From EU Health Authority
July 26 (Reuters) - Indoco Remedies Ltd INRM.NS:
INDOCO’S BADDI FACILITY (UNIT I) RECEIVES GMP CERTIFICATION FROM EU HEALTH AUTHORITY
Source text for Eikon: [ID:]
Further company coverage: INRM.NS
(([email protected];))
July 26 (Reuters) - Indoco Remedies Ltd INRM.NS:
INDOCO’S BADDI FACILITY (UNIT I) RECEIVES GMP CERTIFICATION FROM EU HEALTH AUTHORITY
Source text for Eikon: [ID:]
Further company coverage: INRM.NS
(([email protected];))
India's Indoco Remedies June-Quarter Consol Net Profit Falls
July 25 (Reuters) - Indoco Remedies Ltd INRM.NS:
JUNE-QUARTER CONSOL NET PROFIT 243.9 MILLION RUPEES VERSUS PROFIT 385.7 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.17 BILLION RUPEES VERSUS 3.95 BILLION RUPEES
Source text for Eikon: ID:nBSE5yDm68
Further company coverage: INRM.NS
(([email protected];))
July 25 (Reuters) - Indoco Remedies Ltd INRM.NS:
JUNE-QUARTER CONSOL NET PROFIT 243.9 MILLION RUPEES VERSUS PROFIT 385.7 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.17 BILLION RUPEES VERSUS 3.95 BILLION RUPEES
Source text for Eikon: ID:nBSE5yDm68
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What does Indoco Remedies do?
Indoco Remedies Limited, based in India, specializes in manufacturing and marketing Formulations and Active Pharmaceutical Ingredients for domestic and international markets.
Who are the competitors of Indoco Remedies?
Indoco Remedies major competitors are Panacea Biotec, Novartis, Bliss GVS Pharma, Beta Drugs, Syncom Formulations, Jagsonpal Pharma, Unichem Lab. Market Cap of Indoco Remedies is ₹2,207 Crs. While the median market cap of its peers are ₹1,894 Crs.
Is Indoco Remedies financially stable compared to its competitors?
Indoco Remedies seems to be less financially stable compared to its competitors. Altman Z score of Indoco Remedies is 2.26 and is ranked 7 out of its 8 competitors.
Does Indoco Remedies pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Indoco Remedies latest dividend payout ratio is 14.04% and 3yr average dividend payout ratio is 14.31%
How has Indoco Remedies allocated its funds?
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress
How strong is Indoco Remedies balance sheet?
Balance sheet of Indoco Remedies is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Indoco Remedies improving?
No, profit is decreasing. The profit of Indoco Remedies is -₹115.3 Crs for TTM, -₹73.74 Crs for Mar 2025 and ₹98.46 Crs for Mar 2024.
Is the debt of Indoco Remedies increasing or decreasing?
The net debt of Indoco Remedies is decreasing. Latest net debt of Indoco Remedies is ₹919 Crs as of Sep-25. This is less than Mar-25 when it was ₹944 Crs.
Is Indoco Remedies stock expensive?
Indoco Remedies is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Indoco Remedies is 0, while 3 year average PE is 26.09. Also latest EV/EBITDA of Indoco Remedies is 43.19 while 3yr average is 18.32.
Has the share price of Indoco Remedies grown faster than its competition?
Indoco Remedies has given lower returns compared to its competitors. Indoco Remedies has grown at ~-2.22% over the last 8yrs while peers have grown at a median rate of 4.93%
Is the promoter bullish about Indoco Remedies?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Indoco Remedies is 58.9% and last quarter promoter holding is 58.9%.
Are mutual funds buying/selling Indoco Remedies?
The mutual fund holding of Indoco Remedies is decreasing. The current mutual fund holding in Indoco Remedies is 17.58% while previous quarter holding is 18.55%.
