Medico Remedies (NSE:MEDICO) Tax Rate %: 29.60% (As of Mar. 2026)

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NSE:MEDICO Medico Remedies Ltd NSE:MEDICO
88 GF Score
Price ₹48.53
GF Value ₹77.06
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Medico Remedies Tax Rate %?

Medico Remedies NSE:MEDICO -1.08% 88 Tax Rate % is 29.60% as of Mar. 2026. GuruFocus rates NSE:MEDICO with a GF Score™ of 88/100 and a GF Value™ of ₹77.06 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medico Remedies's Tax Expense for the three months ended in Mar. 2026 was ₹25 Mil. Medico Remedies's Pre-Tax Income for the three months ended in Mar. 2026 was ₹83 Mil. Therefore, Medico Remedies's Tax Rate % for the quarter that ended in Mar. 2026 was 29.60%.

Medico Remedies Tax Rate % Related Terms

Medico Remedies Tax Rate % Historical Data

* Premium members only.

The historical data trend for Medico Remedies's Tax Rate % 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.

Medico Remedies Tax Rate % Chart

Medico Remedies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.78 28.29 26.86 25.26 27.38

Medico Remedies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 23.82 25.30 26.08 25.05 29.60
NSE:MEDICO
88GF Score
Medico Remedies Ltd NSE:MEDICO
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Medico Remedies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Medico Remedies's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=49.444/180.596
=27.38 %

Medico Remedies's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=24.626/83.192
=29.60 %

* 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 Tax Rate % →
What does a Tax Rate % of 29.60% mean?
Medico Remedies (NSE:MEDICO) has a Tax Rate % of 29.60% as of Mar. 2026.
Is Medico Remedies' Tax Rate % too high?
Medico Remedies' current Tax Rate % is 29.60%. Overall, Medico Remedies has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medico Remedies' Tax Rate % compare to ZTS?
Medico Remedies' Tax Rate % of 29.60% 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 Tax Rate % for a Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Medico Remedies's current Tax Rate % is 29.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medico Remedies stock overvalued right now?
Based on GuruFocus' analysis, Medico Remedies (NSE:MEDICO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹77.06, compared to a current price of ₹48.53 — trading 37% below its estimated fair value. The current Tax Rate % is 29.60%. Medico Remedies' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Medico Remedies (NSE:MEDICO), the current Tax Rate % is 29.60% as of Mar. 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 Medico Remedies (NSE:MEDICO) Overvalued in 2026?

Based on GuruFocus' analysis, Medico Remedies stock appears to be undervalued. The current stock price of ₹48.53 is trading 37% below its estimated GF Value™ of ₹77.06. GuruFocus considers Medico Remedies to be Significantly Undervalued.

Key valuation signals for NSE:MEDICO:

  • Tax Rate %: 29.60%
  • GF Value™: ₹77.06 vs. price of ₹48.53 (37% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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

Medico Remedies Business Description

Other Exchanges 540937:India
Address N. S. Phadke Marg, Opposite Teligali, 1105/1106, 11th Floor, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400069
Medico Remedies Ltd is a manufacturer, supplier, and exporter of pharmaceutical drugs. It operates in single segment single segment of manufacturing medicines including Antihy pertensive Antidiabetics Antibictics Diuretics, Antimalarials, NSAIDS Tablets, Antireterovirals, Anti-Ulcer Drugs and Antacids Tablets, so many drugs used for treatment of so many diseases for oral use as well as external preparations like creams & ointments which includes anti infectives ,antifungals ,antibiotics ,steroidal preparations etc. In addition, it also sells other drugs such as antihistaminic, antidiabetics, cardiovascular drugs, diuretics, anti-epileptics, combination drug kits, syrups and cream, and gel for various therapeutic segments.
88GF Score

Get the complete analysis for NSE:MEDICO

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

₹48.53
Price
₹77.06
GF Value