Piramal Pharma Limited Share Price & Analysis
Price Chart
Fundamentals
Concerns
- ✗Currently loss-making (EPS ₹-1.2)
- ✗Negative return on equity (ROE -3.6%)
- ✗Low capital efficiency (ROCE 2.7%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SUNPHARMA Sun Pharmaceutical Industries Limited | ₹1,783 | ₹4.3L Cr | 34.4 | 5.12 | 16 | 20.5 | 0.07 |
| DIVISLAB Divi's Laboratories Limited | ₹6,616 | ₹1.7L Cr | 66.1 | 10.48 | 16.5 | 22 | 0.01 |
| TORNTPHARM Torrent Pharmaceuticals Limited | ₹4,416 | ₹1.5L Cr | 66.4 | 17.81 | 27.6 | 15.4 | 0.33 |
| APOLLOHOSP Apollo Hospitals Enterprise Limited | ₹8,315 | ₹1.2L Cr | 59.5 | 12.62 | 22.1 | 17.9 | 0.88 |
| CIPLA Cipla Limited | ₹1,402 | ₹1.1L Cr | 27.3 | 3.29 | 12.4 | 16.6 | 0.01 |
| ZYDUSLIFE Zydus Lifesciences Limited | ₹1,091 | ₹1.1L Cr | 20 | 4.05 | 21.2 | 21.2 | 0.38 |
| DRREDDY Dr. Reddy's Laboratories Limited | ₹1,283 | ₹1.1L Cr | 25.4 | 2.83 | 11.8 | 13.6 | 0.16 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PPLPHARMA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 35.02% | 35.02% | 34.94% | 34.94% | 34.94% | 34.94% |
| FII | 32.51% | 30.58% | 31.41% | 31.73% | 31.68% | 31.49% |
| DII | 9.68% | 12.12% | 12.95% | 13.80% | 14.09% | 14.78% |
| Public | 22.41% | 21.89% | 20.20% | 19.06% | 18.85% | 18.42% |
| Others | 0.38% | 0.37% | 0.47% | 0.45% | 0.40% | 0.34% |
Corporate Events
To consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company for quarter and financial year ended 31st March, 2026.
Dividend - Re 0.14 Per Share
Dividend - Rs 0.11 Per Share
Rights 5:46 @ Premium Rs 71/-
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.1K Cr ▲4.7% | ₹2.0K Cr ▲5.7% | ₹1.9K Cr ▼29.8% | ₹2.8K Cr ▲24.9% | ₹2.2K Cr ▼1.7% | ₹2.2K Cr ▲14.9% | ₹2.0K Cr ▼23.5% | ₹2.6K Cr |
| Op. Profit | ₹195.73 Cr ▲23.3% | ₹158.69 Cr ▲48.7% | ₹106.7 Cr ▼81.0% | ₹560.99 Cr ▲66.1% | ₹337.74 Cr ▼1.1% | ₹341.61 Cr ▲67.1% | ₹204.49 Cr ▼61.4% | ₹530 Cr |
| OPM | 9.2% ▲17.9% | 7.8% ▲40.6% | 5.5% ▼72.9% | 20.4% ▲33.0% | 15.3% ▲0.5% | 15.2% ▲45.4% | 10.5% ▼50.1% | 21.0% |
| Net Profit | ₹-136.19 Cr ▼37.3% | ₹-99.22 Cr ▼21.4% | ₹-81.7 Cr ▼153.2% | ₹153.5 Cr ▲4071.2% | ₹3.68 Cr ▼83.7% | ₹22.59 Cr ▲125.5% | ₹-88.64 Cr ▼187.8% | ₹101 Cr |
| EPS (₹) | -1.02 ▼36.0% | -0.75 ▼23.0% | -0.61 ▼152.6% | 1.16 ▲3766.7% | 0.03 ▼82.4% | 0.17 ▲125.4% | -0.67 ▼187.0% | 0.77 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue | ₹8.9K Cr ▼3.1% | ₹9.2K Cr ▲12.0% | ₹8.2K Cr ▲15.4% | ₹7.1K Cr ▲8.0% | ₹6.6K Cr ▲3.9% | ₹6.3K Cr |
| Expenses | ₹7.9K Cr ▲3.1% | ₹7.7K Cr ▲10.5% | ₹7.0K Cr ▲8.1% | ₹6.5K Cr ▲15.0% | ₹5.6K Cr ▲14.8% | ₹4.9K Cr |
| Op. Profit | ₹922 Cr ▼36.2% | ₹1.4K Cr ▲20.7% | ₹1.2K Cr ▲90.3% | ₹629 Cr ▼33.8% | ₹950 Cr ▼33.5% | ₹1.4K Cr |
| OPM | 10.0% ▼37.5% | 16.0% ▲6.7% | 15.0% ▲66.7% | 9.0% ▼35.7% | 14.0% ▼39.1% | 23.0% |
| Other Income | ₹74 Cr ▼64.4% | ₹208 Cr ▲20.9% | ₹172 Cr ▼36.8% | ₹272 Cr ▼14.7% | ₹319 Cr ▲38.7% | ₹230 Cr |
| Interest | ₹341 Cr ▼19.2% | ₹422 Cr ▼5.8% | ₹448 Cr ▲30.2% | ₹344 Cr ▲73.7% | ₹198 Cr ▲21.5% | ₹163 Cr |
| Depreciation | ₹831 Cr ▲1.8% | ₹816 Cr ▲10.1% | ₹741 Cr ▲9.5% | ₹677 Cr ▲15.5% | ₹586 Cr ▲7.5% | ₹545 Cr |
| PBT | ₹-176 Cr ▼142.4% | ₹415 Cr ▲131.8% | ₹179 Cr ▲249.2% | ₹-120 Cr ▼124.7% | ₹485 Cr ▼48.9% | ₹949 Cr |
| Tax % | 85.0% ▲9.0% | 78.0% ▼13.3% | 90.0% ▲63.6% | 55.0% ▲150.0% | 22.0% ▲83.3% | 12.0% |
| Net Profit | ₹-326 Cr ▼458.2% | ₹91 Cr ▲405.6% | ₹18 Cr ▲109.7% | ₹-186 Cr ▼149.5% | ₹376 Cr ▼55.0% | ₹835 Cr |
| EPS (₹) | -2.45 ▼455.1% | 0.69 ▲430.8% | 0.13 ▲109.2% | -1.41 | — | — |
| Div Payout | 0.0% ▼100.0% | 20.0% ▼75.6% | 82.0% | 0.0% ▼100.0% | 18.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|---|
| Liabilities | |||||||
| Equity Capital | ₹1.3K Cr ▲0.1% | ₹1.3K Cr ▲0.2% | ₹1.3K Cr ▲0.1% | ₹1.3K Cr ▲10.9% | ₹1.2K Cr ▲0.6% | ₹1.2K Cr ▲19.2% | ₹995 Cr |
| Reserves | ₹6.8K Cr ▲1.3% | ₹6.7K Cr ▼0.8% | ₹6.8K Cr ▲3.2% | ₹6.6K Cr ▲18.1% | ₹5.6K Cr ▲1.3% | ₹5.5K Cr ▲19.5% | ₹4.6K Cr |
| Borrowings | ₹5.7K Cr ▲17.0% | ₹4.9K Cr ▼0.1% | ₹4.9K Cr ▲3.1% | ₹4.7K Cr ▼16.4% | ₹5.6K Cr ▲36.6% | ₹4.1K Cr ▲36.5% | ₹3.0K Cr |
| Other Liabilities | ₹4.1K Cr ▲26.4% | ₹3.3K Cr ▲33.4% | ₹2.4K Cr ▼0.6% | ₹2.5K Cr ▲30.0% | ₹1.9K Cr ▲6.3% | ₹1.8K Cr ▼13.0% | ₹2.0K Cr |
| Total Liabilities | ₹18.0K Cr ▲11.0% | ₹16.2K Cr ▲4.9% | ₹15.4K Cr ▲2.3% | ₹15.1K Cr ▲5.5% | ₹14.3K Cr ▲13.5% | ₹12.6K Cr ▲18.1% | ₹10.7K Cr |
| Assets | |||||||
| Fixed Assets | ₹9.0K Cr ▲1.8% | ₹8.8K Cr ▲8.5% | ₹8.1K Cr ▲1.8% | ₹8.0K Cr ▲7.0% | ₹7.5K Cr ▲8.6% | ₹6.9K Cr ▲12.7% | ₹6.1K Cr |
| CWIP | ₹799 Cr ▲40.9% | ₹567 Cr ▼42.0% | ₹977 Cr ▼12.5% | ₹1.1K Cr ▼21.4% | ₹1.4K Cr ▲21.1% | ₹1.2K Cr ▲86.9% | ₹627 Cr |
| Investments | ₹437 Cr ▼1.1% | ₹442 Cr ▲51.9% | ₹291 Cr ▼24.4% | ₹385 Cr ▼39.7% | ₹639 Cr ▲139.3% | ₹267 Cr ▲117.1% | ₹123 Cr |
| Other Assets | ₹7.7K Cr ▲21.9% | ₹6.4K Cr ▲5.4% | ₹6.0K Cr ▲7.8% | ₹5.6K Cr ▲17.1% | ₹4.8K Cr ▲11.5% | ₹4.3K Cr ▲12.1% | ₹3.8K Cr |
| Total Assets | ₹18.0K Cr ▲11.0% | ₹16.2K Cr ▲4.9% | ₹15.4K Cr ▲2.3% | ₹15.1K Cr ▲5.5% | ₹14.3K Cr ▲13.5% | ₹12.6K Cr ▲18.1% | ₹10.7K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Operating CF | ₹1.7K Cr ▲85.3% | ₹892 Cr ▼11.2% | ₹1.0K Cr ▲107.6% | ₹484 Cr ▼36.8% | ₹766 Cr ▲28.1% | ₹598 Cr |
| Investing CF | ₹-826 Cr ▼69.3% | ₹-488 Cr ▼17.3% | ₹-416 Cr ▲68.8% | ₹-1.3K Cr ▲23.2% | ₹-1.7K Cr ▲61.1% | ₹-4.5K Cr |
| Financing CF | ₹-39 Cr ▲91.2% | ₹-441 Cr ▼4.5% | ₹-422 Cr ▼151.6% | ₹818 Cr ▲3.0% | ₹794 Cr ▼80.0% | ₹4.0K Cr |
| Net Cash Flow | ₹788 Cr ▲2229.7% | ₹-37 Cr ▼122.3% | ₹166 Cr ▲618.8% | ₹-32 Cr ▲81.9% | ₹-177 Cr ▼260.9% | ₹110 Cr |
| Free Cash Flow | ₹776 Cr ▲233.0% | ₹233 Cr ▼20.7% | ₹294 Cr ▲163.8% | ₹-461 Cr ▼406.6% | ₹-91 Cr ▼1720.0% | ₹-5 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 89d ▼5.3% | 94d ▼1.1% | 95d ▲2.2% | 93d ▼6.1% | 99d ▲8.8% | 91d |
| Inventory Days | 345d ▲32.2% | 261d ▼3.0% | 269d ▲18.5% | 227d ▲9.7% | 207d ▼5.0% | 218d |
| Days Payable | 279d ▲61.3% | 173d ▼8.9% | 190d ▲18.0% | 161d ▲5.2% | 153d ▼6.1% | 163d |
| Cash Conv. Cycle | 155d ▼14.8% | 182d ▲4.6% | 174d ▲9.4% | 159d ▲3.9% | 153d ▲4.1% | 147d |
| Working Capital Days | 50d ▼16.7% | 60d ▲185.7% | 21d ▲61.5% | 13d ▼63.9% | 36d ▼18.2% | 44d |
| ROCE | 3.0% ▼50.0% | 6.0% ▲20.0% | 5.0% ▲150.0% | 2.0% ▼71.4% | 7.0% | — |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Piramal Pharma Limited
Piramal Pharma Limited (PPL) is part of the Piramal group of companies. The company operates through 3 major segments (1) Contract development and manufacturing organisations (CDMO), (2) Complex hospital generics (critical care), and (3) consumer healthcare (OTC). Company entered Pharma space back in 1988 with acquisition of Nicholas Laboratories and grew through a series of Mergers & Acquisitions[1] and various organic initiatives. In 2010 the Domestic formulations business was sold to Abott for $3.7 billion[2] and Diagnostic Services was sold to Super Religare Laboratories (SRL)[3]
Healthcare · Pharmaceuticals & Biotechnology