IOLCPHealthcare

IOL Chemicals and Pharmaceuticals Limited

Pharmaceuticals · ISIN INE485C01029 · BSE 524164 · NSE EQ · FV ₹2
Last price
₹197
+1.50%today
What this company does

IOL Chemicals and Pharmaceuticals Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹756 cr of revenue in its latest quarter (Q1 FY27) and kept 8.5% of sales as profit.

At IOL Chemicals & Pharmaceuticals Ltd, excellence is a way of being. It is the result of choices About Us 04 rooted in our core (TREC) values i.e., Transparency, Responsibility, Efficiency and Collaboration, Milestones 06 values that hold us steady through transformation, expansion and reinvention. Product Portfolio 08 Strengths 10 We do not chase growth at the cost of ethics, nor seek scale without purpose.
In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 81–150 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)
57

At close. Not part of the score.

Profitability & returns56

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality55

Whether reported profit actually arrives as cash

Growth & consistency37

Whether sales and profit have grown, and how steadily

Valuation76

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 37% vs last year
Profit up 90% vs last year
Promoters hold 62%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in IOLCP?

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 1% a year, it would become
₹12.62 lakh

The slider starts at 1%, taken from this company's own revenue trend. That is history, not a forecast — 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 We do not publish price targets or predict returns.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
₹197 +1.50%
latest close · 2026-09-17
52-wk low ₹14442 sessions so far52-wk high ₹219
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 ratio22.4Average
LowAverageHigh
P/B ratio3.22High
Below bookModerateHigh
EV / EBITDA13.1Average
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 capital19.0%Strong
WeakFairStrong
Net margin8.5%Decent
ThinDecentStrong
EBITDA margin14.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Interest cover24.8×Strong
RiskyOkayStrong ▸5×
Current ratio1.78Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹5,797 cr
Book value
₹61
EPS
₹2.20
latest quarter
Net debt
₹67 cr
owes more than its cash
Enterprise value
₹5,864 cr
EBITDA
₹447 cr
annualised
EBIT
₹361 cr
annualised
Operating margin
11.9%
Return on assets
10.0%
Earnings yield
4.46%
P/S
1.92
Sales / share
₹103.1
Tax rate
25.7%
Face value
₹2
Shares
29.4 cr
Working capital
₹537 cr
Current assets
₹1,228 cr
Current liabilities
₹690 cr
Delivery %
31.6%
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 FY 2025 report & 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 ₹20₹33, midpoint ₹27

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₹756 cr
Other Income₹8 cr
Total Income₹764 cr
Cost of Materials₹507 cr
Purchases of Stock-in-Trade₹75 L
Inventory Change (±)₹-30 cr
Employee Benefit Expense₹71 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹21 cr
Other Expenses₹104 cr
Total Expenses₹678 cr
Profit before Tax₹87 cr
Tax Expense₹22 cr
Net Profit₹64 cr
Net margin on total income8.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹478 cr62.5%
Employee benefit expense₹71 cr9.3%
Finance costs₹4 cr0.5%
Depreciation & amortisation₹21 cr2.8%
Other expenses₹104 cr13.5%
Tax expense₹22 cr2.9%
Profit for the period₹64 cr8.4%
Total income ₹764 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue580 cr619 cr756 cr
Total income586 cr621 cr764 cr
Expenses547 cr550 cr678 cr
Profit before tax28 cr71 cr87 cr
Tax7 cr18 cr22 cr
Net profit (owners' share)21 cr53 cr64 cr
Net margin (owners' share, on revenue)3.5%8.6%8.5%
EPS (₹)0.701.812.20
YoY (latest quarter): total income +36.7% · net profit +89.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,587 cr
Shareholder equity
₹1,799 cr
parent shareholders
Total debt
₹132 cr
Cash
₹65 cr
Cash flow · H1 FY26
Operating
₹11 cr
Investing
₹-96 cr
Financing
₹34 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
0.51%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 17 Feb 2026
ActionDetailEx-date
Dividend₹1 / share17 Feb 2026
Stock splitStock Split From Rs.10/- to Rs.2/-11 Mar 2025
Dividend₹4 / share18 Feb 2025
Dividend₹5 / share16 Feb 2024
Dividend₹4 / share17 Feb 2023
Dividend₹4 / share15 Feb 2022
Who owns it · 2026-06-30
No pledge
Promoter
62.3%
FII / Foreign
4.9%
DII / Domestic
0.4%
Retail / others
32.4%
Promoter stake up 14.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtNCVI Enterprises Limited · Promoter Group4.04 L · ₹3.0 cr19 Mar 26
BoughtMayadevi Polycot Limited · Promoter Group54,197 · ₹40.0 L18 Mar 26
BoughtNCVI Enterprises Limited · Promoter Group7.00 L · ₹5.1 cr18 Mar 26
Bulk / block deals
short · NSE116 Sep 26
short · NSE4,65726 Aug 26
short · NSE50010 Aug 26
Stake changes
BoughtNM Merchantiles Limited · promoter→ 21.88% · 1.41 cr25 Jun 26
BoughtNCVI Enterprises Limited · promoter→ 0.00% · 4.04 L19 Mar 26
BoughtMayadevi Polycot Limited · promoter→ 57.10% · 54,19718 Mar 26
What shareholders were asked to approve
1 proposal 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 · 2 Sep 2026
See the official result
1
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2026 together with Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.43 cr votes for, 50 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Mr.Kushal Kumar Rana(DIN: 09189020), who retires by rotation and beingeligible, offers himself for reappointment
⚑ Passed only because promoters voted yes
Backed by 10% of shareholders other than promotersneeded 50%
14.19 L votes for, 1.30 cr against · 91% of mutual funds and other big investors said no
3
To ratify the remuneration of the Cost Auditor for thefinancial year ending 31st March 2027
Backed by 100% of shareholders other than promotersneeded 50%
1.44 cr votes for, 2,655 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 62.3% between them · as of 2026-06-30
NM MERCHANTILES LIMITED21.88%
MAYA DEVI POLYCOT LIMITED21.79%
NCVI ENTERPRISES LIMITED16.58%
VARENDER GUPTA2.04%
ABHIRAJ GUPTAno shares
DIMPLE GUPTAno shares
VARINDER GUPTA (HUF)no shares
VIKAS GUPTAno shares
Business done with them
FY2025 · 3 of the group
The company paid ₹56 cr to companies in the promoter group last year — about 2.7% of its ₹2,079 cr revenue.
NCVI ENTERPRISES LIMITED
Bought goods from them · Purchase and rent
also owns 16.58% of the company
₹38 cr
company paid
Varinder Gupta
Other payments to them · Remuneration,rent,loan
₹11 cr
company paid
NM MERCHANTILES PRIVATE LIMITED
Bought goods from them · Purchase
also owns 21.88% of the company
₹7 cr
company paid
NCVI ENTERPRISES LIMITED
Leases As Lessor · Purchase and rent
also owns 16.58% of the company
₹33 L
company received
Varinder Gupta
Leases As Lessee · Remuneration,rent,loan
₹2 L
company received

The company also transacted with 8 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.