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.

19 companies Combined market cap ₹19,228 Cr Data as of 22 Oct 2026 close

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

#CompanyMarket cap P/EROEQtr sales YoY Qtr profit YoYReturn 1YNext 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.

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⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI