Investment Overview

Hicks Thermometers India Limited is an unlisted company operating in the Health Care sector (Medical Devices). Hicks Thermometers India Limited manufactures and markets thermometers and medical devices under the Hicks brand in India. The company’s catalogue includes clinical thermometers, electronic thermometers, blood pressure monitors and related instruments used by households and healthcare providers. Cor…

Strengths

• Recognized Brand Reputation: Over 100 years of experience, trusted brand in India with a loyal client base.
• Comprehensive Product Portfolio: Wide range of medical products catering to different healthcare market segments.
• Robust Distribution Network: Over 1,500 distributors and 3,000 dealers ensure nationwide accessibility of products.

Key Risks

• Dependence on the Domestic Market: Heavy reliance on the Indian marketplace exposes the company to domestic economic slowdowns.
• Modest International Representation: Restricted global reach limits access to larger international market opportunities.
• Product Diversification: Minimal diversification in product lines, making the company vulnerable to demand fluctuations in specific products.

Valuation View

The current unlisted market price is ₹1633.5 per share with a market capitalisation of approximately ₹54 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.