BAJAJHCAREHealthcare

Bajaj Healthcare Limited

Pharmaceuticals · ISIN INE411U01027 · BSE 539872 · NSE EQ · FV ₹5
Last price
₹309
+0.82%today
What this company does

Bajaj Healthcare Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹176 cr of revenue in its latest quarter (Q2 FY27) and kept 8.0% of sales as profit.

“across APIs, formulations, nutraceuticals, and intermediates. The Bajaj Healthcare Limited (BHL), founded in 1993, is a pioneering company’s unwavering focus on quality is reflected in its extensive Indian pharmaceutical company committed to making quality accreditations, including US FDA, EU-GMP, KFDA, ISO 9001:2015, and healthcare accessible worldwide.”
Their stated mission

“is to provide cost- blend of strengths—an extensive and system.”

In the report:
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 16–153 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)
37

At close. Not part of the score.

Profitability & returns43

How much profit it earns on the money it employs

Balance sheet25

How much it owes, and whether earnings cover the interest

Cash quality75

Whether reported profit actually arrives as cash

Growth & consistency23

Whether sales and profit have grown, and how steadily

Valuation87

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 19% vs last year
✓ Profit up 27% vs last year
✓ Promoters hold 59%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in BAJAJHCARE?

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 We do not publish price targets or predict returns.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
₹309▲ +0.82%
latest close · 2026-11-04
52-wk low ₹257223 sessions so far52-wk high ₹496
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 ratio18.1Average
LowAverageHigh
P/B ratio1.86Moderate
Below bookModerateHigh
EV / EBITDA10.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.1%Fair
WeakFairStrong ▸15%
Return on capital14.9%Fair
WeakFairStrong
Net margin8.0%Decent
ThinDecentStrong
EBITDA margin18.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.48Comfortable
LowModerateHigh ▸1
Interest cover4.1×Okay
RiskyOkayStrong ▸5×
Current ratio1.76Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,039 cr
Book value
₹166
EPS
₹4.27
latest quarter
Net debt
₹254 cr
owes more than its cash
Enterprise value
₹1,293 cr
EBITDA
₹128 cr
annualised
EBIT
₹98 cr
annualised
Operating margin
13.9%
Return on assets
5.7%
Earnings yield
5.53%
P/S
1.48
Sales / share
₹209.0
Tax rate
22.2%
Face value
₹5
Shares
3.4 cr
Working capital
₹248 cr
Current assets
₹572 cr
Current liabilities
₹324 cr
Delivery %
46.7%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹293 vs market price ₹309 — price is 5% above it
Safety cushion-5.4%(target ≥ +20%)
Models span ₹209–₹377, midpoint ₹293
Model ₹293
Price ₹309
Cheap sideExpensive side

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 · Q2 FY27 (consolidated)
Revenue from Operations₹176 cr
Other Income₹89.2 L
Total Income₹177 cr
Cost of Materials₹98 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-7 cr
Employee Benefit Expense₹19 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹34 cr
Total Expenses₹158 cr
Profit before Tax₹18 cr
Tax Expense₹4 cr
Net Profit₹14 cr
Net margin on total income8.0%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹91 cr51.8%
Employee benefit expense₹19 cr10.8%
Finance costs₹6 cr3.4%
Depreciation & amortisation₹8 cr4.3%
Other expenses₹34 cr19.4%
Tax expense₹4 cr2.3%
Profit for the period₹14 cr8.0%
Total income ₹177 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue153 cr166 cr176 cr
Total income156 cr166 cr177 cr
Expenses144 cr150 cr158 cr
Profit before tax-21 cr16 cr18 cr
Tax-1 cr3 cr4 cr
Net profit (owners' share)-23 cr14 cr14 cr
Net margin (owners' share, on revenue)-14.9%8.3%8.0%
EPS (₹)-6.084.134.27
YoY (latest quarter): total income +18.2% · net profit +26.9%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹981 cr
Shareholder equity
₹557 cr
parent shareholders
Total debt
₹268 cr
Cash
₹13 cr
Cash flow · H1 FY27
Operating
₹16 cr
Investing
₹-53 cr
Financing
₹14 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,770₹4.25 L cr53.3
Divi's Laboratories Limited₹10,064₹2.67 L cr74.1
Torrent Pharmaceuticals Limited₹4,650₹1.77 L cr82.7
Laurus Labs Limited₹2,323₹1.26 L cr71.1
Zydus Lifesciences Limited₹1,241₹1.24 L cr33.2
Dr. Reddy's Laboratories Limited₹1,368₹1.14 L cr30.8
Cipla Limited₹1,397₹1.13 L cr32.2
Mankind Pharma Limited₹2,475₹1.02 L cr35.9
Aurobindo Pharma Limited₹1,695₹97,502 cr23.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.49%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹1.5 / share11 Sep 2026
Dividend₹1 / share19 Sep 2025
Dividend₹1 / share23 Sep 2024
Dividend₹1 / share22 Sep 2023
Dividend₹1.5 / share22 Sep 2022
Stock splitStock Split From Rs.10/- to Rs.5/-28 Sep 2021
Who owns it · 2026-09-30
No pledge
Promoter
58.6%
FII / Foreign
2.1%
DII / Domestic
2.0%
Retail / others
37.4%
Promoter stake down 9.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSAJANKUMAR RAMESHWARLAL BAJAJ · Promoters4.55 L · ₹15.4 cr18 Mar 26
BoughtANIL CHAMPALAL JAIN · Promoter Group4.55 L · ₹15.4 cr18 Mar 26
BoughtANIL CHAMPALAL JAIN · Promoter Group7,095 · ₹19.9 L17 Mar 26
Bulk / block deals
SoldWESTSTONE MANAGEMENT CONSULTANCY PRIVATE LIMITED · NSE2.00 L @ ₹332.9122 Jul 26
BoughtVINSUL MAKARDI LTD · NSE1.70 L @ ₹347.4329 Jun 26
SoldVINSUL MAKARDI LTD · NSE1.70 L @ ₹348.0729 Jun 26
Stake changes
BoughtMr. Anil Champalal Jain · promoter→ 6.05% · 1.00 L12 Jun 26
BoughtAnil Champalal Jain · promoter→ 5.75% · 4.55 L18 Mar 26
BoughtSajankumar Rameshwarlal Bajaj · promoter→ 36.62% · 4.55 L18 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 · 21 Sep 2026
See the official result
1
Consider and adopt the Audited Financial Statements for the financial year ended on 31st March 2026 together with the reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
6.68 L votes for, 11 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend of Rs. 1.50/- per equity share for the financial year ended 31st March 2026
Backed by 100% of shareholders other than promotersneeded 50%
6.68 L votes for, 11 against · 0% of mutual funds and other big investors said no
3
Appoint a director in place of Mr. Pakshal Anil Jain (DIN: 08776385), who retires by rotation and being eligible, offers himself for re-appointment.
⚑ Passed only because promoters voted yes
Backed by 15% of shareholders other than promotersneeded 50%
98,733 votes for, 5.69 L against · 86% of mutual funds and other big investors said no
4
Consider and approve the continuation of directorship of Mr. Gopalakrishnan Kesavan (DIN: 02105656) as a Non- Executive Independent Director of the Company upon attaining the age of 75 years
Backed by 100% of shareholders other than promotersneeded 75%
6.68 L votes for, 14 against · 0% 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 — 9 named members
owning 58.6% between them · as of 2026-09-30
SAJANKUMAR RAMESHWARLAL BAJAJ36.61%
ANIL CHAMPALAL JAIN6.05%
NAMRATA BAJAJ4.85%
NIHITA BAJAJ KUMAR4.81%
BABITA SAJANKUMAR BAJAJ4.47%
PADMA ANIL JAIN0.90%
BAJAJ HEALTH AND NUTRITIONS LLP0.71%
BANSAL PHARMA LIMITED0.18%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹53 cr raised in Mar 2026 by allotment of equity shares pursuant to the exercise of options for conversion of convertible warrants into equity shares

As of Sep 2026, the company says it has spent 97% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Repayment & Prepayment of Secured/Unsecured Loans from Bank/NBFC in part or in full
100%
of what was set aside
Investment in Capital Expenditure
83%
of what was set aside
General Corporate Purpose
budget changed
100%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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