Ajanta Pharma Limited

Ajanta Pharma Limited

AJANTPHARM.BO
Ajanta Pharma LimitedIN flagBombay Stock Exchange
2,923.85
INR
-6.70
- -
365.29BMarket Cap
Ajanta Pharma Limited
AJANTPHARM.BO
(Bombay Stock Exchange)

Recent

price

2,923.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
38.33
50.76
69.97
89.61
109.78
129.85
145.18
156.02
152.76
195.72
217.83
253.29
289.38
330.51
371.49
436.49
383.99
Revenue per Share
3.85
5.87
8.51
17.74
23.49
31.49
38.39
35.5
29.32
35.73
50.06
54.97
45.89
64.82
73.56
84.53
74.3
Basic EPS, GAAP
4.55
1.6
17.78
16.12
21.12
24.71
46.16
21.3
28.37
34.9
44.12
43.32
61.83
62.35
92.49
42.36
- -
Free Cash Flow per Basic Share
0.31
0.44
0.66
1.11
2.66
9.3
8.65
0.02
5.99
8.67
6.35
6.34
7
51
27.92
27.99
- -
Dividend per Share
0.9
2.71
2.8
3.51
13.3
10.2
38.8
74.3
97.5
124.89
166.37
210.93
247.16
265.23
295.47
2.01
- -
Book Value per Share
17.37
21.54
29.08
44.82
68.32
89.83
118.21
154.08
169.59
197.66
228.52
251.07
263.84
282.15
299.21
359.05
- -
Tangible Book Value per Share
132
132
132
132
132
132
132
132
132
131
131
130
128
126
125
125
125
Basic Weighted Avg Shares
5,049
6,687
9,219
11,811
14,481
17,140
19,164
20,596
20,164
25,618
28,452
32,841
37,075
41,616
46,481
54,529
48,058
Sales/Revenue/Turnover
14.73
16.46
20.64
27.51
31.33
32.12
34.71
29.48
24.95
23.83
31.36
24.72
18.33
25.13
50.42
51.44
51.33
Operating Margin (%)
247
319
342
439
516
444
612
596
721
957
1,161
1,253
1,308
1,354
1,441
1,731
1,514
Depreciation Expense
507
773
1,121
2,339
3,099
4,156
5,068
4,686
3,870
4,677
6,539
7,127
5,880
8,162
9,204
10,560
9,300
Net Income, GAAP
10.35
15.05
36.59
29.1
32.05
25.64
21.81
24.72
24.75
29.56
27.36
21.64
21.1
26.73
22.6
23.35
22.38
Effective Tax Rate (%)
10.04
11.55
12.16
19.8
21.4
24.25
26.45
22.75
19.19
18.26
22.98
21.7
15.86
19.61
19.8
19.37
19.35
Profit Margin (%)
1,907
895
1,467
2,446
4,365
5,034
6,039
8,776
8,022
10,355
13,790
16,171
16,947
18,357
18,469
23,197
- -
Working Capital
1,906
761
733
523
332
149
10
10
7
127
198
186
262
235
347
394
- -
LT Debt
2,288
2,980
3,934
5,933
9,044
11,908
15,677
20,414
22,452
25,989
29,956
32,644
33,880
35,674
37,903
45,271
- -
Total Equity
16.02
20.39
23.76
37.09
36.42
36.53
36.47
25.22
17.52
17.34
22.36
19.88
15.85
21.39
47.76
49.39
- -
Return on Invested Capital (%)
28.4
39.95
60.75
140.93
151.72
185.15
139.27
62.69
33.64
31.4
33.72
29.03
19.88
24.98
26.31
53.02
1,535.72
Return on Capital (%)
198.4
325.33
309.06
562.68
279.49
268.1
156.73
62.78
34.13
32.01
34.34
29.04
19.93
25.09
26.16
56.74
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
127
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
347
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
125
- -
Market Capitalization
367,771
328,279
322,087

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
28,430
- -
Cash, Cash Equivalents & STI
- -
6,138
- -
Accounts Receivable, Net
- -
11,827
- -
Inventories
- -
9,038
- -
Total Current Liabilities
- -
9,961
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
127
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.66%
8.75%
19.44%
Free Cash Flow
14.5%
6.15%
-54.27%
Net Income, GAAP
11.54%
11.56%
14.73%
Sales/Revenue/Turnover
12.49%
13.91%
17.31%
Total Cash Common Dividend
2,676.18%
115.75%
0.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,210
10,284
11,052
10,070
41,616
2025
11,449
11,866
11,461
11,704
46,481
2026
13,026
13,748
14,216
- -
54,529

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.53
15.51
16.68
- -
64.82
2025
19.54
17.27
18.6
18
73.56
2026
20.44
21.91
21.35
- -
84.53

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
51
2025
- -
- -
- -
- -
27.92
2026
- -
- -
- -
- -
27.99
Business
Ajanta Pharma Limited is a specialty pharmaceutical company headquartered in Mumbai, India, founded in 1973, with operations across India, Southeast Asia, the Middle East, Central Asia, Africa, the United States, and other international markets. The company primarily manufactures and markets branded generic medicines in therapeutic areas including ophthalmology, dermatology, cardiology, pain management, antimalarial, gastrointestinal, antibiotics, antihistamines, multivitamins, and gynecology, offering over 1,400 registered products with a strong pipeline of differentiated and niche therapies. Its product portfolio spans branded generics in emerging markets and generic pharmaceuticals in the US, with regulatory approvals including US FDA certifications at its manufacturing facilities. Ajanta Pharma maintains seven state-of-the-art manufacturing plants in India focused on finished formulations and active pharmaceutical ingredients primarily for captive consumption, supporting its extensive global distribution network. The company emphasizes innovation through first-to-market products targeting unmet patient needs using cutting-edge technology and a focused therapeutic segment strategy. Recent major developments include a strategic partnership with Credible Innovations, an AI-powered ESG bookkeeping and reporting service provider, aimed at enhancing Ajanta Pharma’s ESG data management and sustainability reporting aligned with global standards. In the fiscal years leading up to 2025, Ajanta Pharma reported steady revenue growth with revenue reaching over ₹4,200 crore and demonstrated healthy operating margins, supported by consistent new product launches including over 15 new formulations in regulated markets in 2023 and a significant ramp-up in ANDA filings and approvals in the US generics business. The company also executed a Rs. 285 crore share buyback program in 2024, reflecting strong financial health and shareholder return focus. Ajanta Pharma targets a diverse customer base including emerging market consumers through branded generics and patients in regulated markets like the US through its generics portfolio. The company has a diversified revenue stream, driving scalability and sustainability globally. It is led by a management team focused on innovation, sustainability, and strategic global expansion, aiming to consolidate leadership in multiple molecule segments while enhancing operational efficiencies and compliance with international regulatory standards. Ajanta Pharma’s continuous product development, geographic expansion, and strategic ESG initiatives position it as a key player in the global specialty pharmaceutical industry.