Smruthi Organics Ltd

Smruthi Organics Ltd

BBSE:SMRUTHIORG
133.50
INR
-1.95
(-1.44%)
6.52EPS
18.07P/E
1.34BMarket Cap
Nov 18Next Earn
Smruthi Organics Ltd
BSE:SMRUTHIORG
(Bombay Stock Exchange)

Recent

price

133.50

P/E

ratio

18.07

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
137.46
179.24
157.95
80.21
65.38
63.55
67.97
83.82
118.26
112.91
108.61
116.12
122.86
110.86
108.99
88.12
98.01
Revenue per Share
8.48
9.3
5.57
-5.37
-3.33
0.63
1.38
-2.81
5.99
7.38
14.95
9.07
3.61
3.14
3.11
2.99
6.46
Basic EPS, GAAP
3.54
- -
-7.79
5.19
6.34
11.02
6.51
1.13
6.21
14.63
16.54
-3.83
2.31
-3.35
-1.34
12.05
- -
Free Cash Flow per Basic Share
0.83
- -
0.67
- -
- -
- -
- -
- -
- -
1.67
- -
3
3
2
1.5
1.5
- -
Dividend per Share
23.09
31.25
35.96
30.59
22.41
26.81
28.2
25.39
31.78
37.1
52.85
58.68
59.54
60.82
62.58
64.22
- -
Book Value per Share
23.09
31.25
35.96
30.59
22.41
26.81
28.2
25.27
31.78
37.1
52.83
58.66
59.47
60.67
62.44
64.1
- -
Tangible Book Value per Share
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
11
Basic Weighted Avg Shares
1,573
2,052
1,801
918
748
726
779
960
1,354
1,292
1,243
1,329
1,406
1,269
1,248
1,009
1,123
Sales/Revenue/Turnover
11.46
10.35
7.61
-4.78
-0.23
8.98
7.69
7.47
9.6
8.9
19.78
10.66
3.7
5.21
5.34
6.88
10.76
Operating Margin (%)
40
- -
53
60
48
43
40
41
41
44
39
43
46
53
54
63
65
Depreciation Expense
97
106
64
-62
-38
7
16
-32
69
84
171
104
41
36
36
34
74
Net Income, GAAP
28.73
33.68
36.99
- -
- -
54.52
38.89
- -
29.67
30.14
28.88
24.62
8.07
27.76
27.29
26.55
26.43
Effective Tax Rate (%)
6.17
5.19
3.53
-6.7
-5.1
1
2.04
-3.35
5.07
6.54
13.76
7.81
2.94
2.83
2.86
3.4
6.59
Profit Margin (%)
62
145
164
4
22
16
19
36
82
151
329
369
298
334
323
261
- -
Working Capital
77
117
149
133
170
127
82
62
25
20
5
1
6
56
82
28
- -
LT Debt
264
358
412
350
257
307
323
291
364
425
605
672
682
696
716
735
- -
Total Equity
31.58
27.6
11.33
- -
- -
4.41
5.48
- -
14.5
17.52
26.79
15.1
6.63
5.81
5.66
5.57
- -
Return on Invested Capital (%)
31.58
27.88
8.34
- -
- -
4.2
6.02
- -
14.27
16.74
27.23
15.25
6.23
5.56
5.46
4.69
- -
Return on Capital (%)
44.16
34.21
16.51
-16.15
-12.57
2.57
5.03
-10.48
20.97
21.43
33.23
16.27
6.11
5.21
5.04
4.72
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
58
- -
LT Borrowings
- -
27
- -
LT Finance Leases
- -
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
1,338
1,105
1,336

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
527
- -
Cash, Cash Equivalents & STI
- -
23
- -
Accounts Receivable, Net
- -
193
- -
Inventories
- -
283
- -
Total Current Liabilities
- -
266
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
58
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.97%
4.03%
2.63%
Free Cash Flow
-111.14%
-316.99%
-996.28%
Net Income, GAAP
-48.88%
-23.44%
-3.85%
Sales/Revenue/Turnover
4.54%
-3.57%
-19.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
273
294
312
381
1,248
2026
189
316
223
291
1,009
2027
293
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.81
0.68
1.29
1.95
3.11
2026
-0.96
1.8
1.22
0.93
2.99
2027
2.51
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
1.5
2027
- -
- -
- -
- -
- -
Business
Smruthi Organics Limited manufactures and markets active pharmaceutical ingredients (APIs) primarily in the therapeutic categories of anti-diabetic, anti-hypertension, and anti-infectives. Its product portfolio includes cardiovascular APIs such as amlodipine besilate, losartan potassium, telmisartan, s-amlodipine besilate, s-amlodipine malelate, and valsartan; anti-diabetic APIs including metformin HCL, vildagliptin, teneligliptin, and dapagliflozin; anti-infective APIs like ciprofloxacin HCL, diloxanide furoate, norfloxacin, and pefloxacin mesylate; and anti-platelet products such as ticagrelor. The company also develops key drug intermediates, including amlodipine base variants and bulk drugs. It serves both the Indian domestic market and international markets across Asia, the Americas, and Africa from its headquarters in Solapur, Maharashtra, India. Smruthi Organics operates a GMP WHO-approved manufacturing facility certified by India’s CDSCO, ensuring compliance with global quality standards. In the last 1-2 years, Smruthi Organics has focused strategically on backward integration and expansion into finished dosage forms (FDF) manufacturing, aiming to enhance its product offerings and increase presence in PIC/S signatory countries, which reflects efforts to expand its global footprint. Additionally, the company acquired manufacturing licenses for APIs hydroxychloroquine and chloroquine sulphate, expanding its portfolio in anti-infective therapy. Recent quarters reflect a strengthened revenue performance, supported by new client acquisitions and partnerships with global system integrators, signaling enhanced market traction and operational scale. Smruthi Organics continues its commitment to technology innovation through active research and development, delivering new molecules and process improvements for future commercial scalability. Founded in 1989, the company remains independently listed on Indian stock exchanges under ticker SMRUTHIORG.BO. It maintains a customer base comprising large domestic and international pharmaceutical companies, with a high concentration of sales from its top products metformin and telmisartan. Smruthi Organics’ business model integrates API manufacturing, drug intermediate production, and an emerging focus on finished dosage forms, targeting pharmaceutical manufacturers requiring reliable, high-quality ingredient supply supported by regulatory compliance and global distribution capabilities.