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Ajanta Pharma Limited share price

Ajanta Pharma Limited, together with its subsidiaries, a pharmaceutical formulation company engages in the development, manufacture, and marketing of specialty pharmaceutical finished dosages. The company offers chronic and acute therapies; branded generic products; and a range of dosage forms, including tablets, capsules, eye drops, dry powder suspension, injectables, inhalers, ointments, creams, and liquids. It also serves various therapeutic areas comprising cardiology, dermatology, ophthalmology, gynaecology, nephrology, and pain management. The company operates in India, Africa, Asia, the United States, and internationally. Ajanta Pharma Limited was founded in 1973 and is headquartered…Read more
HealthcareDrug Manufacturers - Specialty & GenericNifty 500Nifty Midcap 150NSE: AJANTPHARMISIN INE031B01049
16 Oct 2026, 3:29 PM IST₹3,329.00▼ 30.40 (0.90%)
  • Market Cap₹ 41,599 Cr.
  • Current Price₹ 3,329.00
  • High / Low₹ 3,796 / 2,382
  • Stock P/E36.7
  • Book Value₹ 362
  • Dividend Yield1.91 %
  • ROCE29.4 %
  • ROE25.40 %
  • Face Value₹ 2.0
More figures (10)
  • EPS (TTM)₹ 90.79
  • Price / Book9.19
  • OPM24.5 %
  • Debt / Equity0.06
  • Sales growth (5Y)13.5 %
  • Profit growth (5Y)10.1 %
  • Promoter holding54.3 %
  • EV / EBITDA26.3
  • Beta0.22
  • All-time high₹ 3,796

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
AJANTPHARM-5.13%-3.59%+17.73%+20.23%+35.42%+23.66%+17.72%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Ajanta Pharma Limited is in the Drug Manufacturers - Specialty & Generic industry (Healthcare), with a market value of ₹41,599 crore.
  • It trades at 36.7 times its last 12 months' earnings and 9.2 times book value.
  • Revenue grew 13.5% a year over the last 5 years, profit 10.1% a year.
  • Return on equity was 25.4% and return on capital employed 29.4% in the latest year.
  • Debt was 0.06 times shareholders' equity.
  • The share price is 12.3% below its 52-week high and up 35.4% over one year.
  • Promoters and insiders hold about 54.3%; institutions about 24.4%.

Pros

  • Strong return on equity: 24.6% on average over the last 3 years.
  • Company is almost debt-free (debt is 0.06 times equity).
  • Latest quarter (Jun 2026): sales up 25% and profit up 31% from a year ago.
  • Institutional (FII + DII) holding has risen by 3.8 points over 3 years.

Cons

  • Promoter holding has fallen by 2.74 points over 3 years, to 63.47%.
  • Trades at 9.2 times its book value.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Ajanta Pharma Limited

Ajanta Pharma Limited, together with its subsidiaries, a pharmaceutical formulation company engages in the development, manufacture, and marketing of specialty pharmaceutical finished dosages. The company offers chronic and acute therapies; branded generic products; and a range of dosage forms, including tablets, capsules, eye drops, dry powder suspension, injectables, inhalers, ointments, creams, and liquids. It also serves various therapeutic areas comprising cardiology, dermatology, ophthalmology, gynaecology, nephrology, and pain management. The company operates in India, Africa, Asia, the United States, and internationally. Ajanta Pharma Limited was founded in 1973 and is headquartered in Mumbai, India.

Employees
10,421
Head office
Mumbai
NSE industry
Healthcare

Peer comparison

HealthcareHealthcareDrug Manufacturers - Specialty & Generic

Part ofNifty 500Nifty Midcap 150

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Ajanta Pharma3,329.0036.741,5991.9133430.891,62624.8229.4
2.Sun Pharmaceutical Industries1,758.8034.94,21,9950.912,89534.6515,18418.4817.9
3.Divi's Laboratories9,144.5083.02,42,7580.3390236.253,08019.1519.0
4.Torrent Pharmaceuticals4,558.9072.81,73,4060.835663.284,92154.859.1
5.Zydus Lifesciences1,123.0025.01,12,0200.09940-19.747,80224.0319.0
6.Laurus Labs2,060.10101.81,11,3100.12362123.942,02629.1019.5
7.Cipla1,325.1031.81,07,0510.98786-39.187,1192.3314.9
8.Dr. Reddy's Laboratories1,233.0031.01,02,7070.66444-68.728,071-5.5614.2
9.Aurobindo Pharma1,666.9026.095,9100.001,03314.299,1068.6513.5
10.Mankind Pharma2,275.5046.093,9880.0057429.124,03112.8913.7
Median: 65 Co.1,909.4534.38,6320.1768021.706,02018.8116.4

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
1,0211,0281,1051,0541,1451,1871,1461,1701,3031,3541,3751,4221,626
7507387917768158758258739511,0269931,0881,202
Operating Profit271291314278330311321297351328382333424
OPM %27%28%28%26%29%26%28%25%27%24%28%23%26%
Other Income32211436261930182659256171
Interest1222168653523
Depreciation33343434343436404143444545
Profit before tax269276291278322290307269331341359347447
23%29%28%27%24%25%24%16%23%24%24%23%25%
208195210203246216233225255260274267334
EPS in Rs16.5315.5116.6816.1019.5417.2718.6018.0020.4420.8321.9121.3526.75
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
2,1312,0552,5882,8903,3413,7434,2094,6485,4535,776
1,4721,4891,9051,8912,4122,9593,0373,3894,0584,309
Operating Profit6585666839999297831,1721,2601,3951,467
OPM %31%28%26%35%28%21%28%27%26%25%
24219226116998595172217
Interest011281067211614
Depreciation607296116125131135144173176
Profit before tax6235146649009097451,1141,1891,3781,493
25%25%30%27%22%21%27%23%23%24%
4693874686547135888169201,0561,135
EPS in Rs35.5129.3135.7350.0654.9745.8964.8273.5684.5390.84
Dividend Payout %79%38%33%

Compounded Sales Growth

5 Years:
14%
3 Years:
13%
TTM:
20%

Compounded Profit Growth

5 Years:
10%
3 Years:
22%
TTM:
22%

Stock Price CAGR

5 Years:
18%
3 Years:
24%
1 Year:
35%

Return on Equity

4 Years:
23%
Last Year:
25%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital25252525
Reserves3,3633,5423,7654,502
363547260
1,2551,0361,1771,368
Total Liabilities4,6794,6385,0156,155
1,6981,7291,9002,121
CWIP209264185295
2,7712,6452,9303,739
Total Assets4,6794,6385,0156,155

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
7927851,157529
-56065-377-429
-108-1,051-733-168
Net Cash Flow124-20147-68
Free Cash Flow618633839164

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE23.1%17.9%19.3%23.4%0.0%0.0%23.5%25.0%25.4%
Operating margin30.9%27.6%26.4%34.6%27.8%20.9%27.8%27.1%25.6%
Net margin22.0%18.8%18.1%22.6%21.3%15.7%19.4%19.8%19.4%
Interest coverage1,519.41444.3456.75109.8590.16128.61155.5058.3686.52
Tax rate24.7%24.8%29.6%27.4%21.6%21.1%26.7%22.6%23.3%
Book value / share₹154₹171₹198₹230₹253₹268₹282₹302₹361

Balance-sheet ratios

RatioMar 2023Mar 2024Mar 2025Mar 2026
ROCE21.2%30.0%30.1%29.4%
Debt / equity0.010.010.010.06
Current ratio2.493.052.852.64
Debtor days10410994125
Inventory days267271293275
Days payable138152147159
Cash conversion cycle233228240241
Working capital days167161147157

ROE = profit for shareholders ÷ average net worth (paid-up capital + reserves, from each year's March results filed with NSE). Interest coverage = (profit before tax + interest) ÷ interest. ROCE = EBIT ÷ (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; working capital days = (current assets − current liabilities) ÷ sales × 365. Balance-sheet ratios are shown for the years whose full balance sheet is available (Yahoo Finance and NSE filings from FY2025).

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 63.47%
  • FIIs 7.63%
  • DIIs 21.94%
  • Public 6.96%
%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters66.21%66.21%66.27%66.26%66.26%66.26%66.26%66.25%66.25%66.25%63.48%63.47%
9.11%8.54%8.36%9.11%9.26%8.86%8.86%8.53%7.98%8.26%7.68%7.63%
16.68%17.49%17.41%17.10%17.02%17.48%17.50%17.90%18.58%18.37%21.80%21.94%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
8.01%7.76%7.94%7.52%7.45%7.39%7.38%7.32%7.19%7.12%7.03%6.96%
No. of Shareholders54,35155,48870,31664,31566,89670,82768,88267,78565,40967,95565,29661,923

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Ajanta Pharma

Holder (above 1%)Stake
Kotak Flexicap FundMutual fund · see the fund house3.22%
Uti-Flexi Cap FundMutual fund2.97%
Nippon India Small Cap FundMutual fund2.79%
Aditya Birla Sun Life Midcap FundMutual fund2.22%
Tata Aia Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund-Ulif 009 04/01/07 Wle 110Insurance1.91%
Canara Robeco Small Cap FundMutual fund1.40%
Hdfc Large And Mid Cap FundMutual fund · see the fund house1.01%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 17.95% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
5 Aug 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Latest news

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Ajanta Pharma Limited

What is the share price of Ajanta Pharma Limited today?
Ajanta Pharma Limited (AJANTPHARM) last traded at ₹3,329.00 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.
What is the market cap of Ajanta Pharma Limited?
About ₹41,599 crore at the latest price.
What is the P/E ratio of Ajanta Pharma Limited?
About 36.7 times its earnings over the last 12 months.
Is Ajanta Pharma Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Ajanta Pharma Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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