Indoco Remedies (NSE:INDOCO) Enterprise Value: ₹32,116 Mil (As of Jul. 07, 2026) ***


NSE:INDOCO Indoco Remedies Ltd NSE:INDOCO
71 GF Score
Price ₹235.64
GF Value ₹358.67
Valuation Possible Value Trap
! 5 Warning Signs
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What is Indoco Remedies Enterprise Value?

Indoco Remedies NSE:INDOCO -3.43% 71 Enterprise Value is ₹32,116 Mil as of Jul. 07, 2026. GuruFocus rates NSE:INDOCO with a GF Score™ of 71/100 and a GF Value™ of ₹358.67 (Possible Value Trap). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Indoco Remedies's Enterprise Value is ₹32,116 Mil. Indoco Remedies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹157 Mil. Therefore, Indoco Remedies's EV-to-EBIT ratio for today is 204.04.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Indoco Remedies's Enterprise Value is ₹32,116 Mil. Indoco Remedies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,422 Mil. Therefore, Indoco Remedies's EV-to-EBITDA ratio for today is 22.59.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Indoco Remedies's Enterprise Value is ₹32,116 Mil. Indoco Remedies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹17,912 Mil. Therefore, Indoco Remedies's EV-to-Revenue ratio for today is 1.79.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Indoco Remedies's Enterprise Value is ₹32,116 Mil. Indoco Remedies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Indoco Remedies's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Indoco Remedies's Enterprise Value is ₹32,116 Mil. Indoco Remedies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Indoco Remedies's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Indoco Remedies  (NSE:INDOCO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Indoco Remedies's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32115.786/157.4
=204.04

Indoco Remedies's current Enterprise Value is ₹32,116 Mil.
Indoco Remedies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹157 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Indoco Remedies's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=32115.786/1421.9
=22.59

Indoco Remedies's current Enterprise Value is ₹32,116 Mil.
Indoco Remedies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,422 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Indoco Remedies's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=32115.786/17911.5
=1.79

Indoco Remedies's current Enterprise Value is ₹32,116 Mil.
Indoco Remedies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17,912 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Indoco Remedies's EV-to-OCF for today is:


Indoco Remedies's current Enterprise Value is ₹32,116 Mil.
Indoco Remedies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Indoco Remedies's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=32115.786/0
=

Indoco Remedies's current Enterprise Value is ₹32,116 Mil.
Indoco Remedies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Indoco Remedies Enterprise Value Related Terms


Indoco Remedies Enterprise Value Historical Data

* Premium members only.

The historical data trend for Indoco Remedies's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indoco Remedies Enterprise Value Chart

Indoco Remedies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,895.68 33,151.10 36,754.67 31,209.70 25,483.94

Indoco Remedies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31,209.70 29,270.33 36,607.70 21,622.38 25,483.94

NSE:INDOCO vs ZTS, UTHR: Enterprise Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indoco Remedies's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indoco Remedies Enterprise Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indoco Remedies's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Indoco Remedies's Enterprise Value falls into.


NSE:INDOCO
71GF Score
Indoco Remedies Ltd NSE:INDOCO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Indoco Remedies Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Indoco Remedies's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Indoco Remedies's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹32,116 Mil mean?
Indoco Remedies (NSE:INDOCO) has a Enterprise Value of ₹32,116 Mil as of Jul. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Indoco Remedies and its competitors.
Is Indoco Remedies' Enterprise Value too high?
Indoco Remedies' current Enterprise Value is ₹32,116 Mil. Overall, Indoco Remedies has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indoco Remedies' Enterprise Value compare to ZTS and UTHR?
Indoco Remedies' Enterprise Value of ₹32,116 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Drug Manufacturers company?
A good Enterprise Value depends on the Drug Manufacturers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Indoco Remedies and its competitors. Indoco Remedies's current Enterprise Value is ₹32,116 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indoco Remedies stock overvalued right now?
Based on GuruFocus' analysis, Indoco Remedies (NSE:INDOCO) is currently considered Possible Value Trap. The stock's GF Value™ is ₹358.67, compared to a current price of ₹235.64 — trading 34.3% below its estimated fair value. The current Enterprise Value is ₹32,116 Mil. Indoco Remedies' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Indoco Remedies (NSE:INDOCO), the current Enterprise Value is ₹32,116 Mil as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indoco Remedies (NSE:INDOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Indoco Remedies stock appears to be undervalued. The current stock price of ₹235.64 is trading 34.3% below its estimated GF Value™ of ₹358.67. GuruFocus considers Indoco Remedies to be Possible Value Trap.

Key valuation signals for NSE:INDOCO:

  • Enterprise Value: ₹32,116 Mil
  • GF Value™: ₹358.67 vs. price of ₹235.64 (34.3% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the NSE:INDOCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indoco Remedies Business Description

Other Exchanges 532612:India
Address 166 CST Road, Indoco House, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Indoco Remedies Ltd is an India-based pharmaceutical company. The company is engaged in the manufacturing and marketing of formulations (finished dosage forms) and active pharmaceutical ingredients (APIs). The company manufactures products for different therapeutic sectors including Gastroenterology, Dentistry & Stomatology, Respiratory, Diabetology, Women's Health, Nutritional products, Cardiology, Metabolic Disorders, and Primary Care medicines. The only operating segment of the company is Pharmaceutical Products. Geographically, it generates the majority of the revenue from India.
71GF Score

Get the complete analysis for NSE:INDOCO

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹235.64
Price
₹358.67
GF Value