Medical Equipment & Devices stocks in India
Every listed medical equipment & devices company on NSE and BSE in our database, largest first, with its valuation, profitability, latest quarterly growth, one-year return and next results date.
There are 19 listed companies in the Medical Equipment & Devices industry on NSE and BSE in our database, 6 of them with full financials.
The largest by market capitalisation are Molbio Diagnostics Limited (₹14,517 Cr), Tarsons Products Limited (₹1,642 Cr), Fischer Medical Ventures Limited (₹1,634 Cr).
Among the 4 companies worth more than ₹500 Cr, the median P/E of the profitable ones is 66.7 and the median return on equity is 4.1%.
Fastest sales growth in the latest quarter (year on year, above ₹500 Cr): Molbio Diagnostics +299%, Fischer Medical +249%, Tarsons Products +21%.
Medical Equipment & Devices companies by market cap
| # | Company | Market cap | P/E | ROE | Qtr sales YoY | Qtr profit YoY | Return 1Y | Next results |
|---|---|---|---|---|---|---|---|---|
| 1 | Molbio Diagnostics LimitedMOLBIO | ₹14,517 Cr | — | — | +299.4% | +335.9% | — | — |
| 2 | Tarsons Products LimitedTARSONS | ₹1,642 Cr | 147.97 | 1.7% | +20.7% | -181.0% | +5.4% | — |
| 3 | Fischer Medical Ventures LimitedFISCHER | ₹1,634 Cr | 66.73 | — | +249.4% | -24.3% | -74.5% | — |
| 4 | Vasa Denticity LimitedDENTALKART | ₹763 Cr | 66.28 | 6.6% | +13.9% | -2.3% | — | — |
| 5 | QMS Medical Allied Services LimitedQMSMEDI | ₹339 Cr | 26.66 | 12.2% | +22.3% | +25.5% | +88.3% | — |
| 6 | Nureca LimitedNURECA | ₹333 Cr | 69.99 | 2.5% | +55.1% | +11.6% | +40.3% | — |
| 7 | Amkay Products LtdBSE: 544169 | — | — | — | — | — | — | — |
| 8 | Avience Biomedicals LimitedAVIENCE | — | — | — | — | — | — | — |
| 9 | Centenial Surgical Suture LtdBSE: 531380 | — | — | — | — | — | — | — |
| 10 | Choksi Asia LtdBSE: 530427 | — | — | — | — | — | — | — |
| 11 | Earkart LtdBSE: 544549 | — | — | — | — | — | — | — |
| 12 | GKB Ophthalmics LtdBSE: 533212 | — | — | — | — | — | — | — |
| 13 | Galaxy Medicare LimitedGML | — | — | — | — | — | — | — |
| 14 | Hemant Surgical Industries LtdBSE: 543916 | — | — | — | — | — | — | — |
| 15 | Prevest Denpro LtdBSE: 543363 | — | — | — | — | — | — | — |
| 16 | Q-Line Biotech LimitedQLINE | — | — | — | — | — | — | — |
| 17 | Royal Sense LtdBSE: 544143 | — | — | — | — | — | — | — |
| 18 | Shree Pacetronix LtdBSE: 527005 | — | — | — | — | — | — | — |
| 19 | Transpact Enterprises LtdBSE: 542765 | — | — | — | — | — | — | — |
P/E "n/m" means the company made a loss over the last four quarters. Quarterly growth compares the latest quarter with the same quarter a year earlier. "—" means the figure is not available.
Frequently asked questions
Which are the largest medical equipment & devices stocks in India?
By market capitalisation: Molbio Diagnostics Limited (₹14,517 Cr), Tarsons Products Limited (₹1,642 Cr), Fischer Medical Ventures Limited (₹1,634 Cr), Vasa Denticity Limited (₹763 Cr), QMS Medical Allied Services Limited (₹339 Cr).
How many medical equipment & devices companies are listed in India?
19 companies listed on NSE and BSE are classified in the Medical Equipment & Devices industry on this page, which merges the exchanges' and data vendors' labels for the same business.
What is the average P/E of medical equipment & devices stocks?
The median P/E of profitable medical equipment & devices companies worth more than ₹500 Cr is 66.7, based on trailing-twelve-month profit and the latest close.