SMSPHARMAHealthcare

SMS Pharmaceuticals Limited

Pharmaceuticals · ISIN INE812G01025 · BSE 532815 · NSE EQ · FV ₹1
Last price
₹414
+2.68%today
What this company does

SMS Pharmaceuticals Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹207 cr of revenue in its latest quarter (Q1 FY27) and kept 10.1% of sales as profit.

The Company is engaged in the business of manufacturing of Active Pharma Ingredients and their intermediates.
In the report:
45out of 100
Equitytale Health Score
Mixed

Healthier than 45% 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)
57

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet30

How much it owes, and whether earnings cover the interest

Cash quality20

Whether reported profit actually arrives as cash

Growth & consistency86

Whether sales and profit have grown, and how steadily

Valuation44

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

Governance & risk60

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 6% vs last year
Promoters hold 68%
Turns profit into real cash
Watch-outs
! 18.0% of promoter stake pledged

What if I invest in SMSPHARMA?

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 We do not publish price targets or predict returns.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
₹414 +2.68%
latest close · 2026-09-17
1-year return
+147.3%
52-wk low ₹6852-wk high ₹482
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 ratio46.4High
LowAverageHigh
P/B ratio4.93High
Below bookModerateHigh
EV / EBITDA24.6High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.6%Fair
WeakFairStrong ▸15%
Return on capital13.0%Fair
WeakFairStrong
Net margin10.1%Decent
ThinDecentStrong
EBITDA margin20.6%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.46Comfortable
LowModerateHigh ▸1
Interest cover5.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.81Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹3,875 cr
Book value
₹84
EPS
₹2.23
latest quarter
Net debt
₹319 cr
owes more than its cash
Enterprise value
₹4,194 cr
EBITDA
₹171 cr
annualised
EBIT
₹131 cr
annualised
Operating margin
15.8%
Return on assets
6.1%
Earnings yield
2.16%
P/S
4.68
Sales / share
₹88.4
Tax rate
25.7%
Face value
₹1
Shares
9.4 cr
Working capital
₹285 cr
Current assets
₹638 cr
Current liabilities
₹353 cr
Delivery %
39.2%
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 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 ₹47₹112, midpoint ₹59

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₹207 cr
Other Income₹2 cr
Total Income₹209 cr
Cost of Materials₹137 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-24 cr
Employee Benefit Expense₹24 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹10 cr
Other Expenses₹30 cr
Total Expenses₹182 cr
Profit before Tax₹27 cr
Tax Expense₹7 cr
Share of JV / Associates₹70.8 L
Net Profit₹21 cr
Net margin on total income10.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹113 cr53.7%
Employee benefit expense₹24 cr11.2%
Finance costs₹5 cr2.6%
Depreciation & amortisation₹10 cr4.8%
Other expenses₹30 cr14.3%
Tax expense₹7 cr3.3%
Profit for the period₹21 cr10.0%
Total income ₹209 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue210 cr238 cr207 cr
Total income214 cr241 cr209 cr
Expenses183 cr213 cr182 cr
Profit before tax31 cr27 cr27 cr
Tax8 cr6 cr7 cr
Net profit (owners' share)23 cr33 cr21 cr
Net margin (owners' share, on revenue)11.2%13.9%10.1%
EPS (₹)2.593.582.23
YoY (latest quarter): total income +6.1% · net profit +2.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,362 cr
Shareholder equity
₹786 cr
parent shareholders
Total debt
₹365 cr
Cash
₹46 cr
Cash flow · H1 FY26
Operating
₹42 cr
Investing
₹-31 cr
Financing
₹46 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
0.10%
trailing 12 months
Dividend / share (TTM)
₹0.4
Last dividend
₹0.4
ex 22 Sep 2025
ActionDetailEx-date
Dividend₹0.4 / share22 Sep 2025
Dividend₹0.4 / share23 Sep 2024
Dividend₹0.3 / share22 Sep 2023
Dividend₹0.3 / share22 Sep 2022
Dividend₹0.3 / share22 Sep 2021
Dividend₹0.25 / share26 Mar 2020
Who owns it · 2026-06-30
18.0% pledged
Promoter
68.1%
FII / Foreign
0.7%
DII / Domestic
2.8%
Retail / others
28.5%
Promoter stake up 3.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtN. Srilakshmi Padmini · Employees Immediate Relative3,000 · ₹10.7 L19 Aug 26
SoldG. Suresh Kumar · Director5,000 · ₹19.8 L27 Feb 26
SoldP. Srinivasa Rao · Employees/Designated Employees3,007 · ₹11.9 L27 Feb 26
Bulk / block deals
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE5.47 L @ ₹454.4511 Sep 26
BoughtMICROCURVES TRADING PRIVATE LIMITED · NSE5.47 L @ ₹454.3411 Sep 26
short · NSE263 Sep 26
Stake changes
BoughtHIma Bindu Potluri · promoter→ 12.83% · 1.06 cr3 Nov 25
SoldVistra ITCL ( India) ltd→ 12.24% · 1.06 cr3 Nov 25
BoughtHIma Bindu Potluri · promoter→ 12.83% · 1.06 cr3 Nov 25
Promoter pledges
ReleasedVistra ITC ( India) Ltd ( Debenture Trustee) Lender: Avendus Finance Private Ltd ( Debenture Holder)1.06 cr · 14.54% held3 Nov 25
ReleasedVistra ITCL ( India) Ltd ( Debenture Trustee) Lender: Avendus Finance Pvt Ltd ( Debenture Holders)1.06 cr · 14.54% held3 Nov 25
ReleasedVistra ITCL (India) Limited (Debenture Trustee), Lender: Avendus PE Investment Advisors Private Limited (funds managed by Avendus) (Debenture Holders).30.00 L · 15.36% held19 Aug 25
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 · 29 Sep 2025
See the official result
1
Adoption of Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
1.26 cr votes for, 145 against · 0% of mutual funds and other big investors said no
2
Declaration of dividend on Equity shares for the financial year 2024-2025
Backed by 100% of shareholders other than promotersneeded 50%
1.26 cr votes for, 145 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Trilok Potluri (DIN: 07634613), who retires by rotation, at this Annual General Meeting and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.24 cr votes for, 345 against · 0% of mutual funds and other big investors said no
4
Approval of material related party transaction(s) with VKT Pharma Private Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.24 cr votes for, 465 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 — 7 named members
owning 68.1% between them · as of 2026-06-30
RAMESH BABU POTLURI19.38%
VAMSI KRISHNA POTLURI16.90%
HIMA BINDU POTLURI16.03%
POTLURI INFRA PROJECTS LLP9.45%
TRILOK POTLURI5.01%
POTLURI LABORATORIES PRIVATE LIMITED1.20%
TVT INFRACON LLP0.11%

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.

₹114 cr raised in Mar 2024 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside, leaving ₹1 L still to be spent. CARE Ratings Limited watches the spending on the exchange’s behalf.

Capital Expenditure: Expansion of production capacities in phased manner and installation of additional utility equipments as well as recovery systems. Proposed to start backward integration of Key Starting Materials (KSM) for existing as well as new products under pipeline at R&D by setting up new production blocks.
spent more than set aside
101%
₹63 cr of ₹63 cr
Working Capital: Expanding the production capacities, backward integration of KSM, which led to an increased requirement of Working Capital, operational expenditure and other related expenses.
100%
₹40 cr of ₹40 cr
General Corporate Purposes: which includes, inter alia, meeting ongoing general corporate exigencies and contingencies, expenses of the Company as applicable in such a manner and proportion as may be decided by the Board from time to time, and/or any other general purposes as may be permissible under applicable laws.
95%
₹11 cr of ₹11 cr
Spent by quarter: 25%117%79%71%100% (to Mar 2026)

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.