Adeshwar Meditex Ltd

Adeshwar Meditex Ltd (ADESHWAR) is a micro-cap Healthcare company valued at ₹25 crore operating in Healthcare Technology on the NSE and BSE.

Recent price move

Adeshwar Meditex Ltd last traded at ₹17.25, unchanged on the day.

Financial performance

The company's business is shrinking, with annual revenue falling 33.0% and annual net profit dropping 39.1%. The latest quarter shows revenue fell 30.4% compared to the same quarter a year earlier, while net profit remained flat at ₹1 crore, but this masks a steep 60.4% drop in the prior year's quarter.

Valuation multiples

The stock trades at 19.6 times earnings, a discount to the Healthcare median of 32.0, 0.57 times book value.

Things to watch

The company's net profit margin narrowed by 0.2 percentage points to 2.3%, and its return on equity fell to 3.3%. The stock is 20.9% below its 52-week high, and both revenue and profit have declined for multiple years, with profit falling 15.2% annually over the past three years.

Where it stands

The company's financials are deteriorating, with revenue and profit declining across all time frames. The latest quarter's net profit remained flat at ₹1 crore, but this hides a sharp 60.4% drop from the prior year's quarter. The stock is 20.9% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.