Ajanta Pharma Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 27.1%)
- ✓Efficient capital deployment (ROCE 34.5%)
- ✓Attractively valued vs sector (P/E 37.8x vs industry 54.4x)
- ✓Virtually debt-free
Concerns
- ✗High premium to book value (P/B 8x)
- ✗Trading near 52-week high (₹3,507)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SUNPHARMA Sun Pharmaceutical Industries Limited | ₹1,944 | ₹4.6L Cr | 37.3 | 5.59 | 16 | 20.5 | 0.07 |
| DIVISLAB Divi's Laboratories Limited | ₹7,388 | ₹1.9L Cr | 73.4 | 11.71 | 16.5 | 22 | 0.01 |
| TORNTPHARM Torrent Pharmaceuticals Limited | ₹5,040 | ₹1.6L Cr | 73.6 | 20.32 | 27.4 | 15.2 | 0.33 |
| APOLLOHOSP Apollo Hospitals Enterprise Limited | ₹8,939 | ₹1.3L Cr | 64.9 | 13.56 | 22.1 | 17.9 | 0.88 |
| CIPLA Cipla Limited | ₹1,416 | ₹1.1L Cr | 30.1 | 3.32 | 11.6 | 15.5 | 0.01 |
| ZYDUSLIFE Zydus Lifesciences Limited | ₹1,123 | ₹1.1L Cr | 21 | 4.17 | 21.2 | 21.1 | 0.38 |
| LUPIN Lupin Limited | ₹2,405 | ₹1.1L Cr | 19.6 | 4.9 | 28.7 | 29.9 | 0.32 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
AJANTPHARM · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 66.22% | 66.22% | 66.27% | 66.26% | 66.26% | 66.26% |
| FII | 9.11% | 8.54% | 8.36% | 9.11% | 9.26% | 8.86% |
| DII | 16.67% | 17.48% | 17.41% | 17.09% | 17.02% | 17.48% |
| Public | 8.00% | 7.76% | 7.94% | 7.51% | 7.45% | 7.38% |
| Govt | — | — | 0.01% | 0.01% | 0.01% | 0.01% |
Corporate Events
To consider dividend
To consider and approve the financial results for the period ended Jun 30, 2026
Interim Dividend - Rs 28 Per Share
Interim Dividend - Rs 28 Per Share
Buy Back
Interim Dividend - Rs 26 Per Share
Interim Dividend - Rs 10 Per Share/Special Dividend - Rs 15 Per Share
Latest News
All news →Ajanta Pharma issues general corporate updates
*Ajanta Pharma issues general corporate updates.* No specific financial or operational details disclosed. The filing does not mention any major event like earnings, acquisition, or regulatory action. Likely routine in nature. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #corporate
Ajanta Pharma publishes statutory newspaper notice
*Ajanta Pharma publishes statutory newspaper notice*. The company has released a copy of its newspaper publication as part of regulatory compliance. Such disclosures are routine and do not signal operational changes. No immediate financial impact is expected. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #Statutory
Ajanta Pharma to hold shareholder meeting on July 16, 2026
*Ajanta Pharma to hold shareholder meeting on July 16, 2026.* The company has scheduled a meeting of its shareholders for **July 16, 2026**, as per a corporate filing. Specific agenda items were not disclosed in the initial notice. Such meetings typically address board appointments, policy changes, or strategic approvals. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #ShareholderMeeting
Ajanta Pharma publishes mandatory newspaper notice
*Ajanta Pharma publishes mandatory newspaper notice.* This is a routine regulatory disclosure as per listing obligations. **No financial or operational impact** is expected from this filing. Such notices are standard for public companies. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #Corporate
Ajanta Pharma to hold 47th AGM on July 16, 2026
*Ajanta Pharma to hold 47th AGM on July 16, 2026.* The meeting is scheduled for shareholders to review annual performance and discuss corporate matters. No major announcements or financial updates were disclosed. Routine event with no immediate market-moving implications. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #AGM
Ajanta Pharma FDA inspection concludes with Form-483 issuance
*Ajanta Pharma US FDA Inspection at Paithan Facility Concludes with Form-483 Issuance.* The FDA inspection at Ajanta's Paithan manufacturing facility has concluded with the issuance of a **Form-483**, indicating minor observations requiring corrective action. Form-483 is a standard regulatory communication and does not constitute a warning letter. The company will need to respond to these observations within the stipulated timeframe. 📊 *STOCKS:* AJANTAPHARM | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #Compliance
Ajanta Pharma outlines future trends in obesity care.
*Ajanta Pharma outlines future trends in obesity care.* The company highlighted five key trends shaping metabolic health in India over the next decade. While no financial figures were disclosed, the insights emphasize long-term sector potential. This positions Ajanta Pharma as a thought leader in emerging obesity therapeutics. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #ObesityCare
Ajanta Pharma promoter releases pledged shares
*Ajanta Pharma promoter releases pledge on 17.3 lakh shares.* This reduces pledged shares significantly, signaling improved promoter confidence. No immediate financial impact, but positive sentiment boost. Such moves are often seen as a sign of strong cash flow or reduced debt. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #PledgeRelease
Ajanta Pharma promoter adjusts share pledge of 2.86 lakh shares
*Ajanta Pharma promoter Aayush Agrawal adjusts share pledge under SEBI norms.* The promoter created and released a pledge on **2,86,213 shares** as per regulatory filing. This reflects routine management of pledged holdings. No immediate financial stress indicated. 📊 *STOCKS:* AJANTPHARM | 🏢 *SECTOR:* Pharma | #LOWIMPACT #Pledge
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.4K Cr ▲3.4% | ₹1.4K Cr ▲1.6% | ₹1.4K Cr ▲3.9% | ₹1.3K Cr ▲11.4% | ₹1.2K Cr ▲2.1% | ₹1.1K Cr ▼3.5% | ₹1.2K Cr ▲3.7% | ₹1.1K Cr |
| Op. Profit | ₹333 Cr ▼12.8% | ₹382 Cr ▲16.5% | ₹328 Cr ▼6.6% | ₹351 Cr ▲18.2% | ₹297 Cr ▼7.5% | ₹321 Cr ▲3.2% | ₹311 Cr ▼5.8% | ₹330 Cr |
| OPM | 23.0% ▼17.9% | 28.0% ▲16.7% | 24.0% ▼11.1% | 27.0% ▲8.0% | 25.0% ▼10.7% | 28.0% ▲7.7% | 26.0% ▼10.3% | 29.0% |
| Net Profit | ₹267 Cr ▼2.6% | ₹274 Cr ▲5.4% | ₹260 Cr ▲2.0% | ₹255 Cr ▲13.3% | ₹225 Cr ▼3.4% | ₹233 Cr ▲7.9% | ₹216 Cr ▼12.2% | ₹246 Cr |
| EPS (₹) | 21.35 ▼2.6% | 21.91 ▲5.2% | 20.83 ▲1.9% | 20.44 ▲13.4% | 18.03 ▼3.3% | 18.64 ▲7.6% | 17.33 ▼11.9% | 19.68 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.5K Cr ▲17.3% | ₹4.6K Cr ▲10.4% | ₹4.2K Cr ▲12.4% | ₹3.7K Cr ▲12.0% | ₹3.3K Cr ▲15.6% | ₹2.9K Cr ▲11.7% | ₹2.6K Cr ▲25.9% | ₹2.1K Cr ▼3.3% | ₹2.1K Cr ▲7.2% | ₹2.0K Cr |
| Expenses | ₹4.0K Cr ▲17.0% | ₹3.4K Cr ▲11.3% | ₹3.0K Cr ▲3.5% | ₹2.9K Cr ▲21.8% | ₹2.4K Cr ▲27.5% | ₹1.9K Cr ▼0.8% | ₹1.9K Cr ▲27.9% | ₹1.5K Cr ▲1.5% | ₹1.5K Cr ▲13.5% | ₹1.3K Cr |
| Op. Profit | ₹1.5K Cr ▲18.2% | ₹1.3K Cr ▲8.3% | ₹1.2K Cr ▲45.0% | ₹808 Cr ▼13.4% | ₹933 Cr ▼6.8% | ₹1.0K Cr ▲46.6% | ₹683 Cr ▲20.5% | ₹567 Cr ▼13.8% | ₹658 Cr ▼4.8% | ₹691 Cr |
| OPM | 28.0% ▲3.7% | 27.0% ▼3.6% | 28.0% ▲27.3% | 22.0% ▼21.4% | 28.0% ▼20.0% | 35.0% ▲34.6% | 26.0% ▼7.1% | 28.0% ▼9.7% | 31.0% ▼11.4% | 35.0% |
| Other Income | ₹67 Cr ▼21.2% | ₹85 Cr ▲0.0% | ₹85 Cr ▲14.9% | ₹74 Cr ▼33.9% | ₹112 Cr ▲366.7% | ₹24 Cr ▼72.7% | ₹88 Cr ▲319.0% | ₹21 Cr ▼12.5% | ₹24 Cr ▲20.0% | ₹20 Cr |
| Interest | ₹16 Cr ▼23.8% | ₹21 Cr ▲200.0% | ₹7 Cr ▲16.7% | ₹6 Cr ▼40.0% | ₹10 Cr ▲25.0% | ₹8 Cr ▼33.3% | ₹12 Cr ▲1100.0% | ₹1 Cr | ₹0 Cr ▼100.0% | ₹1 Cr |
| Depreciation | ₹173 Cr ▲20.1% | ₹144 Cr ▲6.7% | ₹135 Cr ▲3.1% | ₹131 Cr ▲4.8% | ₹125 Cr ▲7.8% | ₹116 Cr ▲20.8% | ₹96 Cr ▲33.3% | ₹72 Cr ▲20.0% | ₹60 Cr ▼1.6% | ₹61 Cr |
| PBT | ₹1.4K Cr ▲15.9% | ₹1.2K Cr ▲6.7% | ₹1.1K Cr ▲49.5% | ₹745 Cr ▼18.0% | ₹909 Cr ▲1.0% | ₹900 Cr ▲35.5% | ₹664 Cr ▲29.2% | ₹514 Cr ▼17.5% | ₹623 Cr ▼3.9% | ₹648 Cr |
| Tax % | 23.0% ▲0.0% | 23.0% ▼14.8% | 27.0% ▲28.6% | 21.0% ▼4.5% | 22.0% ▼18.5% | 27.0% ▼10.0% | 30.0% ▲20.0% | 25.0% ▲0.0% | 25.0% ▲13.6% | 22.0% |
| Net Profit | ₹1.1K Cr ▲14.8% | ₹920 Cr ▲12.7% | ₹816 Cr ▲38.8% | ₹588 Cr ▼17.5% | ₹713 Cr ▲9.0% | ₹654 Cr ▲39.7% | ₹468 Cr ▲20.9% | ₹387 Cr ▼17.5% | ₹469 Cr ▼7.5% | ₹507 Cr |
| EPS (₹) | 84.52 ▲14.7% | 73.68 ▲15.7% | 63.7 ▲38.8% | 45.89 ▼17.5% | 55.63 ▲10.4% | 50.38 ▲41.0% | 35.73 ▲20.9% | 29.56 ▼16.7% | 35.5 ▼7.6% | 38.4 |
| Div Payout | 33.0% ▼13.2% | 38.0% ▼51.9% | 79.0% ▲426.7% | 15.0% ▲36.4% | 11.0% ▼15.4% | 13.0% ▼45.8% | 24.0% ▲20.0% | 20.0% | 0.0% ▼100.0% | 23.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲0.0% | ₹25 Cr ▲47.1% | ₹17 Cr ▲0.0% | ₹17 Cr ▼5.6% | ₹18 Cr ▲0.0% | ₹18 Cr ▲0.0% | ₹18 Cr ▲0.0% | ₹18 Cr |
| Reserves | ₹4.5K Cr ▲19.6% | ₹3.8K Cr ▲6.3% | ₹3.5K Cr ▲5.3% | ₹3.4K Cr ▲3.6% | ₹3.2K Cr ▲9.0% | ₹3.0K Cr ▲15.4% | ₹2.6K Cr ▲15.8% | ₹2.2K Cr ▲10.1% | ₹2.0K Cr ▲30.6% | ₹1.6K Cr |
| Borrowings | ₹260 Cr ▲453.2% | ₹47 Cr ▲34.3% | ₹35 Cr ▼2.8% | ₹36 Cr ▲44.0% | ₹25 Cr ▼19.4% | ₹31 Cr ▼58.7% | ₹75 Cr ▲108.3% | ₹36 Cr ▲1700.0% | ₹2 Cr ▲100.0% | ₹1 Cr |
| Other Liabilities | ₹1.3K Cr ▲17.2% | ₹1.1K Cr ▲15.1% | ₹927 Cr ▼20.0% | ₹1.2K Cr ▲63.0% | ₹711 Cr ▲1.3% | ₹702 Cr ▲13.4% | ₹619 Cr ▲61.6% | ₹383 Cr ▲0.0% | ₹383 Cr ▲50.8% | ₹254 Cr |
| Total Liabilities | ₹6.0K Cr ▲23.1% | ₹4.9K Cr ▲8.3% | ₹4.5K Cr ▼1.1% | ₹4.6K Cr ▲14.5% | ₹4.0K Cr ▲7.3% | ₹3.7K Cr ▲13.2% | ₹3.3K Cr ▲23.6% | ₹2.7K Cr ▲9.8% | ₹2.4K Cr ▲33.1% | ₹1.8K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.9K Cr ▲6.0% | ₹1.8K Cr ▲19.1% | ₹1.5K Cr ▼1.1% | ₹1.5K Cr ▼1.1% | ₹1.5K Cr ▼1.9% | ₹1.5K Cr ▲4.7% | ₹1.5K Cr ▲25.0% | ₹1.2K Cr ▲11.9% | ₹1.1K Cr ▲78.8% | ₹589 Cr |
| CWIP | ₹258 Cr ▲46.6% | ₹176 Cr ▼31.3% | ₹256 Cr ▲22.5% | ₹209 Cr ▲36.6% | ₹153 Cr ▲41.7% | ₹108 Cr ▼18.2% | ₹132 Cr ▼49.6% | ₹262 Cr ▲329.5% | ₹61 Cr ▼82.0% | ₹339 Cr |
| Investments | ₹588 Cr ▲26.7% | ₹464 Cr ▲33.0% | ₹349 Cr ▼34.8% | ₹535 Cr ▲263.9% | ₹147 Cr ▼16.5% | ₹176 Cr ▲122.8% | ₹79 Cr ▲1.3% | ₹78 Cr ▼58.9% | ₹190 Cr ▲4.4% | ₹182 Cr |
| Other Assets | ₹3.3K Cr ▲32.9% | ₹2.5K Cr ▲2.3% | ₹2.4K Cr ▲4.5% | ₹2.3K Cr ▲7.0% | ₹2.2K Cr ▲14.9% | ₹1.9K Cr ▲18.3% | ₹1.6K Cr ▲40.4% | ₹1.1K Cr ▲2.2% | ₹1.1K Cr ▲57.4% | ₹713 Cr |
| Total Assets | ₹6.0K Cr ▲23.1% | ₹4.9K Cr ▲8.3% | ₹4.5K Cr ▼1.1% | ₹4.6K Cr ▲14.5% | ₹4.0K Cr ▲7.3% | ₹3.7K Cr ▲13.2% | ₹3.3K Cr ▲23.6% | ₹2.7K Cr ▲9.8% | ₹2.4K Cr ▲33.1% | ₹1.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹529 Cr ▼54.3% | ₹1.2K Cr ▲47.4% | ₹785 Cr ▼0.9% | ₹792 Cr ▲40.9% | ₹562 Cr ▼2.4% | ₹576 Cr ▲26.0% | ₹457 Cr ▲21.9% | ₹375 Cr ▲33.5% | ₹281 Cr ▼53.9% | ₹609 Cr |
| Investing CF | ₹-429 Cr ▼13.8% | ₹-377 Cr ▼680.0% | ₹65 Cr ▲111.6% | ₹-560 Cr ▼656.8% | ₹-74 Cr ▲73.8% | ₹-282 Cr ▼25.9% | ₹-224 Cr ▼0.4% | ₹-223 Cr ▲12.9% | ₹-256 Cr ▲33.2% | ₹-383 Cr |
| Financing CF | ₹-168 Cr ▲77.1% | ₹-733 Cr ▲30.3% | ₹-1.1K Cr ▼873.1% | ₹-108 Cr ▲76.5% | ₹-460 Cr ▼44.7% | ₹-318 Cr ▼146.5% | ₹-129 Cr ▲12.2% | ₹-147 Cr | ₹0 Cr ▲100.0% | ₹-202 Cr |
| Net Cash Flow | ₹-68 Cr ▼244.7% | ₹47 Cr ▲123.4% | ₹-201 Cr ▼262.1% | ₹124 Cr ▲342.9% | ₹28 Cr ▲216.7% | ₹-24 Cr ▼123.1% | ₹104 Cr ▲2500.0% | ₹4 Cr ▼84.0% | ₹25 Cr ▲4.2% | ₹24 Cr |
| Free Cash Flow | ₹169 Cr ▼79.9% | ₹840 Cr ▲30.0% | ₹646 Cr ▲4.5% | ₹618 Cr ▲43.4% | ₹431 Cr ▲3.4% | ₹417 Cr ▲82.9% | ₹228 Cr ▲612.5% | ₹32 Cr ▲68.4% | ₹19 Cr ▼93.9% | ₹313 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 124d ▲33.3% | 93d ▼13.9% | 108d ▲4.9% | 103d ▼7.2% | 111d ▲19.4% | 93d ▼14.7% | 109d ▲32.9% | 82d ▲3.8% | 79d ▲33.9% | 59d |
| Inventory Days | 289d ▼6.2% | 308d ▲8.8% | 283d ▲0.0% | 283d ▼18.4% | 347d ▼20.0% | 434d ▲57.2% | 276d ▼33.5% | 415d ▲31.7% | 315d ▲69.4% | 186d |
| Days Payable | 168d ▲8.4% | 155d ▼2.5% | 159d ▲8.2% | 147d ▲2.8% | 143d ▼32.5% | 212d ▲5.0% | 202d ▼5.6% | 214d ▼4.5% | 224d ▲42.7% | 157d |
| Cash Conv. Cycle | 246d ▲0.0% | 246d ▲5.6% | 233d ▼2.9% | 240d ▼23.8% | 315d ▲0.0% | 315d ▲71.2% | 184d ▼34.8% | 282d ▲65.9% | 170d ▲93.2% | 88d |
| Working Capital Days | 111d ▲14.4% | 97d ▼18.5% | 119d ▲43.4% | 83d ▼40.7% | 140d ▲11.1% | 126d ▲16.7% | 108d ▼4.4% | 113d ▲9.7% | 103d ▲58.5% | 65d |
| ROCE | 35.0% ▲9.4% | 32.0% ▲0.0% | 32.0% ▲39.1% | 23.0% ▼20.7% | 29.0% ▼9.4% | 32.0% ▲18.5% | 27.0% ▲12.5% | 24.0% ▼29.4% | 34.0% ▼26.1% | 46.0% |
Source: Screener.in · Lower days = better efficiency
About Ajanta Pharma Limited
Ajanta Pharma is primarily engaged in development, manufacturing and marketing of speciality pharmaceutical quality finished dosages.(Source : 202003-01 Annual Report Page No:70).
Healthcare · Pharmaceuticals & Biotechnology