AARTIPHARMHealthcare

Aarti Pharmalabs Limited

Pharmaceuticals · ISIN INE0LRU01027 · BSE 543748 · NSE EQ · FV ₹5
Last price
₹827
+1.72%today
What this company does

Aarti Pharmalabs Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹536 cr of revenue in its latest quarter (Q1 FY27) and kept 14.2% of sales as profit.

54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 33–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns60

How much profit it earns on the money it employs

Balance sheet38

How much it owes, and whether earnings cover the interest

Cash quality59

Whether reported profit actually arrives as cash

Growth & consistency32

Whether sales and profit have grown, and how steadily

Valuation72

What today's price implies, against our models or its peers

Governance & risk69

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 39% vs last year
Profit up 54% vs last year
Promoters hold 43%
Watch-outs
! 11.1% of promoter stake pledged
! Operating cash flow is negative

What if I invest in AARTIPHARM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹827 +1.72%
latest close · 2026-09-17
52-wk low ₹65142 sessions so far52-wk high ₹933
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio24.6Average
LowAverageHigh
P/B ratio3.53High
Below bookModerateHigh
EV / EBITDA15.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.3%Fair
WeakFairStrong ▸15%
Return on capital16.7%Strong
WeakFairStrong
Net margin14.2%Decent
ThinDecentStrong
EBITDA margin25.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.32Comfortable
LowModerateHigh ▸1
Interest cover8.3×Strong
RiskyOkayStrong ▸5×
Current ratio1.49Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹7,499 cr
Book value
₹234
EPS
₹8.40
latest quarter
Net debt
₹677 cr
owes more than its cash
Enterprise value
₹8,176 cr
EBITDA
₹546 cr
annualised
EBIT
₹426 cr
annualised
Operating margin
19.9%
Return on assets
8.7%
Earnings yield
4.06%
P/S
3.50
Sales / share
₹236.3
Tax rate
26.6%
Face value
₹5
Shares
9.1 cr
Working capital
₹460 cr
Current assets
₹1,397 cr
Current liabilities
₹938 cr
Delivery %
43.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹161₹345, midpoint ₹173

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹536 cr
Other Income₹45.3 L
Total Income₹536 cr
Cost of Materials₹252 cr
Purchases of Stock-in-Trade₹27 cr
Inventory Change (±)₹-43 cr
Employee Benefit Expense₹50 cr
Finance Costs₹13 cr
Depreciation & Amortisation₹30 cr
Other Expenses₹113 cr
Total Expenses₹443 cr
Profit before Tax₹94 cr
Tax Expense₹25 cr
Share of JV / Associates₹7 cr
Net Profit₹76 cr
Net margin on total income14.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹237 cr43.5%
Employee benefit expense₹50 cr9.3%
Finance costs₹13 cr2.4%
Depreciation & amortisation₹30 cr5.5%
Other expenses₹113 cr20.7%
Tax expense₹25 cr4.6%
Profit for the period₹76 cr14.0%
Total income ₹536 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue432 cr583 cr536 cr
Total income432 cr591 cr536 cr
Expenses371 cr515 cr443 cr
Profit before tax58 cr76 cr94 cr
Tax15 cr21 cr25 cr
Net profit (owners' share)46 cr61 cr76 cr
Net margin (owners' share, on revenue)10.7%10.5%14.2%
EPS (₹)5.296.748.40
YoY (latest quarter): total income +38.3% · net profit +53.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹3,482 cr
Shareholder equity
₹2,125 cr
parent shareholders
Total debt
₹686 cr
Cash
₹9 cr
Cash flow · H1 FY26
Operating
₹-22 cr
Investing
₹-222 cr
Financing
₹148 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.42%
trailing 12 months
Dividend / share (TTM)
₹3.5
Last dividend
₹2
ex 15 Sep 2026
ActionDetailEx-date
Dividend₹2 / share15 Sep 2026
Dividend₹1.5 / share16 Feb 2026
Dividend₹2.5 / share15 Sep 2025
Dividend₹2.5 / share14 Feb 2025
Dividend₹1 / share31 Jul 2024
Dividend₹2 / share16 Feb 2024
Who owns it · 2026-06-30
11.1% pledged
Promoter
42.9%
FII / Foreign
8.2%
DII / Domestic
7.2%
Retail / others
41.8%
Promoter stake down 3.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldRelacion Trusteeship Services Private Limited · Promoter Group60,000 · ₹5.2 cr8 Sep 26
SoldSafechem Enterprises Private Limited · Promoter Group59,400 · ₹5.2 cr7 Sep 26
SoldSafechem Enterprises Private Limited · Promoter Group30,000 · ₹2.6 cr4 Sep 26
Bulk / block deals
short · NSE348 Sep 26
short · NSE912 Aug 26
short · NSE12611 Aug 26
Stake changes
SoldSAFECHEM ENTERPRISES PRIVATE LIMITED · promoter→ 0.92% · 6.30 L19 Sep 25
SoldOrchid Family Trust and Other Promoters and Promoter Group · promoter→ 0.96% · 7.83 L26 Dec 24
BoughtAnushakti Enterprises Pvt Ltd along with PAC · promoter→ 46.17% · 18.16 L29 Aug 23
Promoter pledges
PledgedBajaj Financial Securities Limited26.17 L · 0.00% held25 Mar 26
PledgedBajaj Finance Securities Ltd6.00 L · 0.00% held25 Mar 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 22 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors’ thereon.
Backed by 94% of shareholders other than promotersneeded 50%
1.23 cr votes for, 7.35 L against · 7% of mutual funds and other big investors said no
2
To declare the final dividend on Equity Shares for the financial year 2024-25
Backed by 100% of shareholders other than promotersneeded 50%
1.31 cr votes for, 1,922 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri Parimal H. Desai (DIN: 00009272), who retires by rotation and being eligible, offers himself for re-appointment.
⚑ Passed only because promoters voted yes
Backed by 43% of shareholders other than promotersneeded 50%
55.66 L votes for, 74.91 L against · 72% of mutual funds and other big investors said no
4
Re-appointment of Smt. Rupal Vora (DIN: 07096253) as an Independent Director of the Company for a second term of 3 years
Backed by 99% of shareholders other than promotersneeded 75%
1.29 cr votes for, 1.93 L against · 2% of mutual funds and other big investors said no
8
Approval to extend the benefits and grant of options to the employee(s) of subsidiary company(ies) under the Aarti Pharma Performance Stock Option Plan 2023 (‘PSOP 2023’)
⚑ Passed only because promoters voted yes
Backed by 53% of shareholders other than promotersneeded 75%
68.96 L votes for, 61.61 L against · 60% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 50 named members
owning 42.9% between them · as of 2026-06-30
Rashesh Chandrakant Gogri4.23%
Jaya Chandrakant Gogri3.53%
Anushakti Enterprise Private Limited3.30%
LABDHI BUSINESS TRUST(Saswat Trusteeship Private Limited)3.13%
Hetal Gogri Gala3.11%
Mirik Rajendra Gogri3.07%
Renil Rajendra Gogri2.80%
Sarla Shantilal Shah2.69%
Business done with them
FY2025 · 1 of the group
The company paid ₹64 cr to companies in the promoter group last year — about 3.0% of its ₹2,115 cr revenue and received ₹20 cr back from them.
Valiant Organics Limited
Bought goods from them
also owns 0.01% of the company
₹64 cr
company paid
Valiant Organics Limited
Sold goods to them
also owns 0.01% of the company
₹20 cr
company received

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.