PPLPHARMAHealthcare

Piramal Pharma Limited

Pharmaceuticals · ISIN INE0DK501011 · BSE 543635 · NSE EQ · FV ₹10
Last price
₹205
+1.16%today
What this company does

Piramal Pharma Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹2,270 cr of revenue in its latest quarter (Q1 FY27) and kept -3.1% of sales as profit.

Vision Three-Pronged Business Model To emerge as a fast-growing, innovation-focused integrated CDMO, leveraging our scientific excellence and global network of end-to-end and differentiated services to bring valued solutions to our customers and their patients.
In the report:
41out of 100
Equitytale Health Score
Strained

Healthier than 41% 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)
46

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Balance sheet12

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency40

Whether sales and profit have grown, and how steadily

Valuation65

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

Governance & risk86

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

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 17% vs last year
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -3.1% net margin
! Low -3.4% return on equity

What if I invest in PPLPHARMA?

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 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow 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 We do not publish price targets or predict returns.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
₹205 +1.16%
latest close · 2026-09-17
52-wk low ₹17442 sessions so far52-wk high ₹232
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/B ratio3.33High
Below bookModerateHigh
EV / EBITDA27.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-3.4%Loss
WeakFairStrong ▸15%
Return on capital1.8%Weak
WeakFairStrong
Net margin-3.1%Loss
ThinDecentStrong
EBITDA margin12.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.67Moderate
LowModerateHigh ▸1
Interest cover0.7×Risky
RiskyOkayStrong ▸5×
Current ratio1.51Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹27,172 cr
Book value
₹61
EPS
₹-0.52
latest quarter
Net debt
₹4,296 cr
owes more than its cash
Enterprise value
₹31,468 cr
EBITDA
₹1,138 cr
annualised
EBIT
₹244 cr
annualised
Operating margin
2.7%
Return on assets
-1.5%
Earnings yield
P/S
2.99
Sales / share
₹68.4
Tax rate
Face value
₹10
Shares
132.7 cr
Working capital
₹2,433 cr
Current assets
₹7,192 cr
Current liabilities
₹4,758 cr
Delivery %
41.6%
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 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.
Models span ₹57₹57, midpoint ₹57

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₹2,270 cr
Other Income₹89 cr
Total Income₹2,359 cr
Cost of Materials₹725 cr
Purchases of Stock-in-Trade₹420 cr
Inventory Change (±)₹-293 cr
Employee Benefit Expense₹676 cr
Finance Costs₹88 cr
Depreciation & Amortisation₹224 cr
Other Expenses₹547 cr
Total Expenses₹2,386 cr
Profit before Tax₹-27 cr
Tax Expense₹62 cr
Share of JV / Associates₹20 cr
Net Profit₹-69 cr
Net margin on total income-2.9%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹852 cr34.8%
Employee benefit expense₹676 cr27.6%
Finance costs₹88 cr3.6%
Depreciation & amortisation₹224 cr9.1%
Other expenses₹547 cr22.3%
Tax expense₹62 cr2.5%
Total income ₹2,359 cr

The company made a net loss of ₹69 cr this quarter — income covered only 96 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,140 cr2,752 cr2,270 cr
Total income2,183 cr2,798 cr2,359 cr
Expenses2,246 cr2,593 cr2,386 cr
Profit before tax-104 cr29 cr-27 cr
Tax42 cr52 cr62 cr
Net profit (owners' share)-136 cr-9 cr-69 cr
Net margin (owners' share, on revenue)-6.4%-0.3%-3.1%
EPS (₹)-1.03-0.07-0.52
YoY (latest quarter): total income +18.4% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹17,965 cr
Shareholder equity
₹8,163 cr
parent shareholders
Total debt
₹5,495 cr
Cash
₹1,200 cr
Cash flow · H1 FY26
Operating
₹890 cr
Investing
₹-468 cr
Financing
₹-361 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
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.14
ex 16 Jul 2025
ActionDetailEx-date
Dividend₹0.14 / share16 Jul 2025
Dividend₹0.11 / share12 Jul 2024
Rights issue46:52 Aug 2023
Who owns it · 2026-06-30
No pledge
Promoter
34.8%
FII / Foreign
12.5%
DII / Domestic
14.6%
Retail / others
37.6%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Bulk / block deals
short · NSE2231 Sep 26
short · NSE2,89526 Aug 26
short · NSE1,00614 Aug 26
Stake changes
BoughtDeutsche Bank AG, Mumbai Branch→ 17.93%24 Aug 26
BoughtDeutsche Bank AG, Mumbai Branch→ 0.00%24 Aug 26
OthersDeutsche Bank AG, Mumbai Branch acting in its capacity as the onshore security agent for Lenders→ 17.93%13 Aug 26
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.

Postal ballot · 16 Jan 2026
See the official result
1
Appointment of Mr. Amit Soni (DIN: 05111144) as an Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
54.78 cr votes for, 3.41 L 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 — 67 named members
owning 34.8% between them · as of 2026-06-30
The Sri Krishna Trust (through its Trustee Mr. Ajay G Piramal and Dr. (Mrs.) Swati A. Piramal)26.51%
V3 Designs LLP3.23%
PRL Realtors LLP2.99%
Piramal Welfare Trust0.79%
Semplice Corporate Solutions Private Limited (Formerly known as AASAN Corporate Solutions Private Limited)0.67%
The Ajay G. Piramal Foundation0.33%
Mr. Anand Piramal0.07%
Anand Piramal Trust0.05%

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.