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Themis Medicare Limited (THEMISMED) Fair Value & Analysis

Healthcare · IN · Market cap ₹11.1B

TM Themis Medicare Limited THEMISMED · NSE
Price₹118.59
Fair Value₹221.29
Upside+86.6%
Quality46/100
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Evidence: Medium Range ₹155.47 – ₹288.05

Fair value as of: Jul 3, 2026

From 13 valuation models · updated today

Share price +8.3% over the past month.

Price vs Fair Value (12 months)

₹142.46 ₹66.07 Fair Value ₹221.29 Jul 2025 Jul 2026

12‑month range ₹66.07 – ₹142.46 · fair‑value band ₹155.47 – ₹288.05 · the ₹118.59 price screens below the ₹221.29 fair value. As of Jul 3, 2026.

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Analysis

Themis Medicare Limited (THEMISMED) currently trades at ₹118.59, while our model-based Fair Value estimate is ₹221.29 — implying the stock looks roughly 86.6% undervalued today. We read business quality at 46/100 (below-average quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Themis Medicare Limited generated revenue of ₹3.4B at a net margin of 0.3%. Revenue grew 6.7% year over year. It earns a return on equity of 0.3%. Net debt stands at ₹909M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹3.4B
Revenue growth (YoY) +6.7%
Net margin 0.3%
Return on equity 0.3%
Free cash flow −₹167M FY2026
P/E ratio 992.6
More key figures
Operating margin 1.5%
EPS (TTM) ₹0.1200
Dividend yield 0.5%
EPS growth (YoY) +1,717%
Net debt ₹909M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Themis Medicare Limited, together with its subsidiaries, manufactures and sells pharmaceutical products in India and internationally. It offers active pharmaceutical ingredients (APIs) and formulations used in various therapeutic areas, including anti-tuberculosis, analgesic and anti-inflammatory, analgesic and antispasmodic, analgesics, anesthesia, antacid-antiflatulent, anti-fungal, antibiotic, anti-diabetic, anti-emetic, anti-hypertensive, anti-allergic and anti-inflammatory, anti-allergic and appetite stimulant, anticoagulant, antifibrolytic, antimalarial, anti-muscarinic, antioxidant, calcium, cardiovascular, corticosteroid, electrolytes, expectorant, hematinic, hemostatic agent, hemostatic agent with anesthetic, hormones, immunomodulator with anti-viral, muscle relaxant, narcotic analgesic, neuropathy, nutraceuticals, PPI, probiotic, reversal for muscle relaxant, sedatives, skeletal muscle relaxant, skeletal muscle relaxant and analgesic and anti-inflammatory, vasodilator, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Themis Medicare Limited reported revenue of ₹3.4B in FY2026 versus ₹3.9B in FY2022, a compound −3.5%/yr. Reported net income was ₹11.4M in FY2026, compounding −64.6%/yr from FY2022.

Revenue −3.5%/yr
FY22 ₹3.9B
FY23 ₹3.5B
FY24 ₹3.8B
FY25 ₹4.1B
FY26 ₹3.4B
Net income −64.6%/yr
FY22 ₹729M
FY23 ₹569M
FY24 ₹435M
FY25 ₹298M
FY26 ₹11.4M

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Frequently asked questions

Is Themis Medicare Limited (THEMISMED) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹221.29 versus a price of ₹118.59 — about +87% (undervalued). Model-based estimate, not financial advice.
What is the fair value of THEMISMED?
Our model-based fair value for Themis Medicare Limited is ₹221.29 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹118.59.
What is the quality score of THEMISMED?
Themis Medicare Limited has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Themis Medicare Limited (THEMISMED)?
Themis Medicare Limited reported trailing-twelve-month revenue of about ₹3.4B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of THEMISMED?
The net profit margin of Themis Medicare Limited is about 0.3%, meaning it keeps roughly 0.3% of revenue as net income. Based on the latest reported figures.
Does Themis Medicare Limited pay a dividend?
Themis Medicare Limited currently shows a dividend yield of about 0.45% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.