PANACEABIOHealthcare

Panacea Biotec Limited

Pharmaceuticals · ISIN INE922B01023 · BSE 531349 · NSE EQ · FV ₹1
Last price
₹372
+1.32%today
What this company does

Panacea Biotec Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹200 cr of revenue in its latest quarter (Q1 FY27) and kept 1.2% of sales as profit.

The Company is one of India’s leading research-based biotechnology companies engaged in the business of research, development, manufacture and marketing of vaccines in India and international markets. The Company’s wholly owned subsidiary company viz.
In the report:
35out of 100
Equitytale Health Score
Strained

Healthier than 35% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 105–150 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)
35

At close. Not part of the score.

Profitability & returns10

How much profit it earns on the money it employs

Balance sheet54

How much it owes, and whether earnings cover the interest

Cash quality5

Whether reported profit actually arrives as cash

Growth & consistency42

Whether sales and profit have grown, and how steadily

Valuation30

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 20% vs last year
Promoters hold 72%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Thin 1.2% net margin
! Profit down 43% vs last year
! Low 1.1% return on equity
! Operating cash flow is negative

What if I invest in PANACEABIO?

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 We do not publish price targets or predict returns.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
₹372 +1.32%
latest close · 2026-09-17
1-year return
+21.9%
52-wk low ₹12552-wk high ₹561
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 ratio244.7High
LowAverageHigh
P/B ratio2.73Moderate
Below bookModerateHigh
EV / EBITDA44.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.1%Weak
WeakFairStrong ▸15%
Return on capital2.1%Weak
WeakFairStrong
Net margin1.2%Thin
ThinDecentStrong
EBITDA margin6.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.03Comfortable
LowModerateHigh ▸1
Interest cover4.0×Okay
RiskyOkayStrong ▸5×
Current ratio1.47Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,280 cr
Book value
₹136
EPS
₹0.38
latest quarter
Net debt
₹-34 cr
more cash than debt
Enterprise value
₹2,247 cr
EBITDA
₹51 cr
annualised
EBIT
₹19 cr
annualised
Operating margin
2.4%
Return on assets
0.7%
Earnings yield
0.41%
P/S
2.86
Sales / share
₹130.2
Tax rate
38.4%
Face value
₹1
Shares
6.1 cr
Working capital
₹164 cr
Current assets
₹513 cr
Current liabilities
₹349 cr
Delivery %
54.2%
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 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.

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₹200 cr
Other Income₹4 cr
Total Income₹204 cr
Cost of Materials₹74 cr
Purchases of Stock-in-Trade₹77 L
Inventory Change (±)₹27 cr
Employee Benefit Expense₹44 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹48 cr
Total Expenses₹203 cr
Exceptional Items₹3 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹2 cr
Net margin on total income1.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹102 cr49.2%
Employee benefit expense₹44 cr21.4%
Finance costs₹1 cr0.6%
Depreciation & amortisation₹8 cr3.8%
Other expenses₹48 cr23.3%
Tax expense₹1 cr0.7%
Profit for the period₹2 cr1.1%
Total income ₹204 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue165 cr167 cr200 cr
Total income167 cr169 cr204 cr
Expenses164 cr173 cr203 cr
Profit before tax6 cr-1 cr4 cr
Tax3 cr-25 L1 cr
Net profit (owners' share)4 cr52 L2 cr
Net margin (owners' share, on revenue)2.4%0.3%1.2%
EPS (₹)0.650.080.38
YoY (latest quarter): total income +18.2% · net profit -43.2%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,262 cr
Shareholder equity
₹835 cr
parent shareholders
Total debt
₹24 cr
Cash
₹57 cr
Cash flow · H1 FY26
Operating
₹-77 L
Investing
₹-15 cr
Financing
₹-2 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.
Who owns it · 2026-06-30
No pledge
Promoter
72.5%
FII / Foreign
2.3%
DII / Domestic
2.3%
Retail / others
23.0%
Promoter stake down 1.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldNosheen Sheikh · Employees Immediate Relative3,000 · ₹12.3 L20 Aug 26
BoughtNosheen Sheikh · Immediate relative3,000 · ₹12.2 L30 Sep 25
SoldSandeep Jain · Promoters5,000 · ₹20.5 L31 Dec 24
Bulk / block deals
BoughtQE SECURITIES LLP · NSE4.02 L @ ₹621.999 Jun 26
SoldQE SECURITIES LLP · NSE4.01 L @ ₹621.499 Jun 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE5.32 L @ ₹624.469 Jun 26
Stake changes
BoughtKavita Nikit Rambhia · promoter→ 0.00%17 Nov 25
BoughtNikit D Rambhia · promoter→ 18.38%17 Nov 25
BoughtAmit D Rambhia · promoter→ 18.38%17 Nov 25
Promoter pledges
ReleasedLender: India Resurgence Fund Scheme-I , India Resurgence Fund-Scheme 2 and Piramal enterprises Ltd. Trustee: Vistra ITCL ( Inda) Ltd.50.00 L · 8.16% held15 Mar 22
ReleasedLender: India Resurgence Fund Scheme-I , India Resurgence Fund-Scheme 2 and Piramal enterprises Ltd. Trustee: Vistra ITCL ( Inda) Ltd.25.11 L · 4.10% held15 Mar 22
ReleasedLender: India Resurgence Fund Scheme-I , India Resurgence Fund-Scheme 2 and Piramal enterprises Ltd. Trustee: Vistra ITCL ( Inda) Ltd.2.49 cr · 40.73% held15 Mar 22
What shareholders were asked to approve

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 · 30 Sep 2025
See the official result
1
Consider and adopt: a) Audited Standalone Financial Statements for financial year ended March 31, 2025 together with the reports of the Board of Directors and the Auditors thereon; and b) Audited Consolidated Financial Statements for financial year ended March 31, 2025 including Auditors’ Report thereon
Backed by 100% of shareholders other than promotersneeded 50%
6.12 L votes for, 33 against · 0% of mutual funds and other big investors said no
2
Re-appointment of retiring director Dr. Rajesh Jain
Backed by 100% of shareholders other than promotersneeded 50%
6.12 L votes for, 52 against · 0% of mutual funds and other big investors said no
3
Re-appointment of retiring director Mr. Sandeep Jain
Backed by 100% of shareholders other than promotersneeded 50%
6.12 L votes for, 52 against · 0% of mutual funds and other big investors said no
4
Appointment of M/s R&D Company Secretaries as Secretarial Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
6.12 L votes for, 33 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 — 14 named members
owning 72.5% between them · as of 2026-06-30
Dr. Rajesh Jain49.01%
Mr. Sandeep Jain15.27%
Mrs. Nirmala Jain4.10%
First Lucre Partnership Co.3.68%
Rajesh Jain (HUF) (Karta : Rajesh Jain)0.33%
Second Lucre Partnership Co.0.09%
Mr. Abhey Kumar Jainno shares
Mr. Ankesh Jainno shares
Business done with them
FY2025 · 4 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 0.4% of its ₹559 cr revenue.
Ankesh Jain
Other payments to them · Short Term Employee Benefit, Director Sitting Fees
₹1 cr
company paid
Sandeep Jain
Other payments to them · Short Term Employee Benefit,Post Employement Benefit
also owns 15.27% of the company
₹87.5 L
company paid
Harshet Jain
Other payments to them · Short Term Employee Benefit,Post Employement Benefit
₹27.7 L
company paid
CA Rajesh Jain
Other payments to them · Director Sitting Fees
also owns 49.01% of the company
₹3.1 L
company paid

The company also transacted with 11 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.