Kopran Limited

Kopran Limited

KOPRAN.BO
Kopran LimitedIN flagBombay Stock Exchange
182.00
INR
-7.60
- -
8.79BMarket Cap
Kopran Limited
KOPRAN.BO
(Bombay Stock Exchange)

Recent

price

182.00

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
49.88
50.93
64.07
77.55
81.92
71.58
69.66
70.45
80.63
81.02
111.32
107.03
113.7
127.49
130.49
141.15
141.09
Revenue per Share
1.16
1.37
2.85
4.4
-9.84
2.59
4.6
4.74
5.55
4.86
14.24
13.77
5.65
10.57
7.99
5.33
5.33
Basic EPS, GAAP
3.52
6.18
1.56
-1.64
8.81
4.26
-0.06
3.25
-1.38
3.92
8.22
-17.09
-5.61
-2.77
-3.52
-0.08
- -
Free Cash Flow per Basic Share
- -
0.09
- -
- -
- -
- -
- -
- -
- -
- -
1.5
1.46
3
3
3
3
- -
Dividend per Share
12.2
-9.48
-6.64
-2.24
-12.67
-10.23
-5.18
-0.56
4.98
9.84
22.59
35.47
35.25
42.82
10.01
10
10
Book Value per Share
20.6
22.03
24.89
29.33
24.78
25.31
28.45
32.84
37.24
41.88
54.64
93.76
87.77
97.42
102.32
103.24
103.2
Tangible Book Value per Share
39
39
39
39
40
41
43
43
43
43
43
44
48
48
48
48
48
Basic Weighted Avg Shares
1,948
1,989
2,502
3,028
3,257
2,963
3,013
3,047
3,488
3,504
4,815
4,743
5,482
6,146
6,296
6,814
6,814
Sales/Revenue/Turnover
2.92
5.02
8.6
9.83
6.88
7.93
10.02
7.81
11.58
11.06
15.23
16.18
8.26
10.01
9.1
8.87
8.87
Operating Margin (%)
116
118
125
129
96
81
83
85
87
96
102
111
127
129
156
175
175
Depreciation Expense
49
53
111
172
-391
107
199
205
240
210
616
610
272
510
386
257
257
Net Income, GAAP
- -
- -
- -
- -
- -
- -
19.58
10.48
24.13
25.68
26.07
25.37
24.49
24.56
25.79
25.1
25.1
Effective Tax Rate (%)
2.5
2.68
4.44
5.67
-12.01
3.62
6.61
6.72
6.89
6
12.8
12.87
4.97
8.29
6.12
3.78
3.78
Profit Margin (%)
432
101
299
423
118
200
432
580
729
825
1,163
2,633
2,221
2,355
2,208
1,770
1,770
Working Capital
1
646
695
632
140
177
239
213
355
318
212
188
179
166
165
139
139
LT Debt
805
860
972
1,146
985
1,048
1,247
1,447
1,685
1,897
2,450
4,262
4,392
4,912
5,183
5,303
5,303
Total Equity
- -
7.6
11.51
14.12
- -
13.95
12.64
9.79
12.65
10.7
18.29
13.98
6.72
8.41
6.77
6.69
6.69
Return on Invested Capital (%)
- -
28.06
17.42
28.58
- -
80.96
58.03
35.55
30.89
21.76
44.06
32.38
12.9
20.25
18.13
16.91
16.91
Return on Capital (%)
9.72
- -
- -
- -
- -
- -
- -
- -
- -
65.58
87.86
47.89
16.65
27.08
30.27
53.29
53.29
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,416
- -
1,387
LT Borrowings
152
- -
139
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
- -
48
Market Capitalization
8,405
7,245
5,211

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,467
- -
5,232
Cash, Cash Equivalents & STI
372
- -
73
Accounts Receivable, Net
1,616
- -
2,627
Inventories
1,736
- -
1,642
Total Current Liabilities
2,749
- -
3,462
Payables & Accruals
- -
- -
- -
ST Debt
1,416
- -
1,387
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.99%
19.33%
2.3%
Free Cash Flow
-677.17%
-99.75%
-97.79%
Net Income, GAAP
25.97%
-5.36%
-33.26%
Sales/Revenue/Turnover
9.2%
7.37%
8.23%
Total Cash Common Dividend
- -
- -
0.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,170
1,526
1,589
1,816
6,146
2025
1,394
1,516
1,662
1,724
6,296
2026
1,352
1,179
1,943
2,340
6,814

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.58
2.86
3.28
- -
10.57
2025
2.3
1.53
2.16
2
7.99
2026
1.54
-2.06
1.93
3.91
5.33

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
3
Business
Kopran Limited Kopran Limited manufactures and markets active pharmaceutical ingredients and finished dosage forms, with its subsidiary Kopran Research Laboratories Limited focusing on APIs. The company offers a diverse portfolio of products including sterile cephalosporins, carbapenems such as Imipenem and Ertapenem, macrolides like Erythromycin, Clarithromycin, Azithromycin and Roxithromycin, penicillins including Amoxycillin range, cardiovascular drugs such as Atenolol, Amlodipine Besylate, Metoprolol Succinate and Tartrate, Rosuvastatin calcium, Montelukast sodium, antibacterials, anticonvulsants like Pregabalin and Lacosamide, anti-diabetics including Canagliflozin, anti-allergics, gastroenterology, pain management, anthelmintics, antiprotozoals, oncology, respiratory and central nervous system therapeutics; finished dosage forms encompass penicillin and non-penicillin based oral solid dosages, tablets, capsules, liquids, injectables and dry powder forms; APIs feature Penicillin, Rifampicin, intermediates and herbal nutraceutical products, all produced at facilities in Mahad, Khopoli and the newly acquired and upgraded site at Panoli, Gujarat. Kopran Limited operates primarily in export markets spanning over 60 countries across Africa including South Africa, Ethiopia, Tanzania, Uganda, Kenya, Zimbabwe, Latin America, Southeast Asia, the Middle East such as Oman, Iraq, Yemen, the United States, the European Union, China, Australia, CIS region and the United Kingdom, holding accreditations like US FDA, EU GMP, WHO GMP, MHRA UK, SAPHRA South Africa, Health Canada, EU GMP Malta and others for both APIs and formulations. Founded in 1958 and headquartered at Parijat House, 1076 Dr. E. Moses Road, Mumbai, India, the company pursues vertical integration by developing API intermediates, enhancing supply chain resilience through supplier diversification and in-house production to reduce reliance on China, and investing in R&D for niche high-value molecules. Recent developments include the commercialization of Montelukast sodium and Rosuvastatin calcium in FY24 with a pipeline targeting Ertapenem sodium, Edoxaban tosylate, Canagliflozin hemihydrate, Lacosamide and non-sterile Imipenem for FY25; operational enhancements via automation of formulation packing lines, yield improvements and cost optimization; capacity expansion with the Panoli API plant expected to commence commercial production by end Q3 FY25 following environmental clearance; over 549 product approvals in 46 countries and new certifications; reaffirmation of the merger scheme with promoter group entity Kopran Laboratories Limited in August 2025 as approved in March 2025 under a scheme of amalgamation by absorption with unchanged swap ratio supported by updated valuation from Ernst & Young, fairness opinion from Saffron Capital Advisors and auditor certificate; and robust FY24 financial performance with consolidated revenue of Rs 61,459 lakhs up 11.5% YoY, EBITDA up 43.7% to Rs 7,441 lakhs, PAT up 87.1% to Rs 5,096 lakhs reflecting improved margins and return ratios.