SHILPA MEDICARE LTD·PHARMACEUTICALS 70.24·Pharmaceuticals & Biotechnology Companies

2026-08-21 NSE BSE Web 20%

Price

814.95

-0.74%
O:825
H:825
L:810.3
C:814.95

52W Range

259.5834.1
+214%/-2%

Market Cap

₹15,938.94 Cr

Traded: ₹58.12 Cr (0.36%) 0.0x

Free Float: ₹4,839.06 Cr (1.20% of FF traded)

Volume · 60D trend

7.1 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+33% 3M:+48% 6M:+99% 12M:+146%

Valuation

P/E53.6
P/B6.2
P/S9.5
EV/EBIT21.6

Business Strength

ROE4.3%
ROCE7.9%
OPM28.3%
NPM15.8%

Growth (3Y CAGR)

EPS+211.0%
Sales+14.0%
Profit+109.0%
3Y Return+58.0%

Balance Sheet

Debt/Equity0.3
Debt658 Cr
Pledge8.7%
CWIP/Fixed Asset21.1%

Cash Position

CFO/NP140.7%
FCF-15.2 Cr
FCF 3Y Avg-175 Cr
Cash/MCap--

Others

Div Yield0.0%
Div Payout5.0%
Cash Conv. Cycle301 days
Tradeable Free Float30.4%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 133.76 Cr
2.76% FF
60d high
₹ 133.76 Cr
60d low
₹ 88.84 Cr
60d mean
₹ 104.66 Cr
vs mean
▲ 27.80%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Profit
+8.0%
+18.0%
+109.0%
--
+117.0%
Accelerating
Sales
+8.0%
+11.0%
+14.0%
--
+28.0%
Accelerating
ROE
+6.0%
+4.0%
+6.0%
--
--
Stable
Return
+10.0%
+18.0%
+58.0%
+67.0%
--
Accelerating

Quarterly Results

Jun 2026

5 Aug
Rev
466 Cr
+45% YoY+7% QoQ
OPM29.0%
NPM21.7%
PAT
--101 Cr
EPS
+115% YoY5.2

Mar 2026

22 May
Rev
437 Cr
+32% YoY+7% QoQ
OPM27.0%
NPM24.7%
PAT
+148% YoY108 Cr
EPS
+645% YoY5.5

Dec 2025

6 Feb
Rev
410 Cr
+29% YoY+11% QoQ
OPM28.0%
NPM11.0%
PAT
+70% YoY45 Cr
EPS
+41% YoY2.3

Sep 2025

PDF
Rev
370 Cr
+8% YoY+15% QoQ
OPM29.0%
NPM11.9%
PAT
+146% YoY44 Cr
EPS
+145% YoY2.3

Jun 2025

PDF
Rev
321 Cr
+10% YoY-3% QoQ
OPM28.0%
NPM14.6%
PAT
+234% YoY47 Cr
EPS
+233% YoY2.4

Mar 2025

PDF
Rev
331 Cr
+13% YoY+4% QoQ
OPM24.0%
NPM4.5%
PAT
+65% YoY15 Cr
EPS
-48% YoY0.7

Dec 2024

PDF
Rev
319 Cr
+11% YoY-7% QoQ
OPM25.0%
NPM10.0%
PAT
+594% YoY32 Cr
EPS
+523% YoY1.6

Sep 2024

PDF
Rev
344 Cr
+10% YoY+17% QoQ
OPM25.0%
NPM5.2%
PAT
+1014% YoY18 Cr
EPS
+922% YoY0.9

Jun 2024

PDF
Rev
293 Cr
+13% YoY+0% QoQ
OPM24.0%
NPM4.8%
PAT
+1092% YoY14 Cr
EPS
+929% YoY0.7

Mar 2024

PDF
Rev
292 Cr
+11% YoY+2% QoQ
OPM24.0%
NPM8.2%
PAT
+359% YoY24 Cr
EPS
+407% YoY1.4

Dec 2023

PDF
Rev
287 Cr
+10% YoY-8% QoQ
OPM23.0%
NPM1.7%
PAT
+169% YoY5 Cr
EPS
+168% YoY0.3

Sep 2023

PDF
Rev
313 Cr
+19% YoY+20% QoQ
OPM19.0%
NPM0.6%
PAT
+109% YoY2 Cr
EPS
+108% YoY0.1

Jun 2023

PDF
Rev
260 Cr
---2% QoQ
OPM18.0%
NPM0.4%
PAT
+39% YoY1 Cr
EPS
--0.1

Mar 2023

Rev
264 Cr
--+1% QoQ
OPM14.0%
NPM-3.0%
PAT
-127% YoY-8 Cr
EPS
---0.5

Dec 2022

Rev
262 Cr
---0% QoQ
OPM12.0%
NPM-2.7%
PAT
-169% YoY-7 Cr
EPS
---0.4

Sep 2022

Rev
263 Cr
----
OPM4.0%
NPM-7.2%
PAT
-230% YoY-19 Cr
EPS
---1.1

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.25
Interest Coverage73.3x
Promoter Pledge8.7%
Borrowings660 Cr

Efficiency

Receivable Days123 days
Inventory Days291 days
Payable Days113 days
Cash Conversion cycle301 days

Cash Position

Operating Cash Flow342 Cr
Investing Cash Flow-326 Cr
Financing Cash Flow14 Cr
Free Cash Flow-15 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales466437410370321331319344293292287313260264262263
Expenses330317296262231252239258222222222255214227231253
Operating Profit136120114108917981867070655846373110
OPM %29.0%27.0%28.0%29.0%28.0%24.0%25.0%25.0%24.0%24.0%23.0%19.0%18.0%14.0%12.0%4.0%
Other Income945-1326-2125109222234
Interest12141116191412262424262318181813
Depreciation35313030292929282727272827262423
Profit Before Tax9812061645015423729281493-4-8-22
Tax %-3.0%10.0%27.0%32.0%5.0%5.0%24.0%51.0%51.0%12.0%67.0%83.0%64.0%90.0%-13.0%-17.0%
Net Profit1011084544471532181424521-8-7-19
Exceptional Items--25-1300-310006000000
EPS (Rs)5.25.52.32.32.40.71.60.90.71.40.30.10.1-0.5-0.4-1.1
Sales Growth (YoY)45.2%32.0%28.5%7.6%9.6%13.4%11.2%9.9%12.7%10.6%9.5%19.0%--------
Sales Growth (QoQ)6.6%6.6%10.8%15.3%-3.0%3.8%-7.3%17.4%0.3%1.7%-8.3%20.4%-1.5%0.8%-0.4%--
OP Growth (YoY)49.5%51.9%40.7%25.6%30.0%12.9%24.6%48.3%52.2%89.2%109.7%480.0%--------
OP Growth (QoQ)13.3%5.3%5.6%18.7%15.2%-2.5%-5.8%22.9%0.0%7.7%12.1%26.1%24.3%19.4%210.0%--
Profit Growth (YoY)--148.0%70.0%146.0%234.0%65.0%594.0%1014.0%1092.0%359.0%169.0%109.0%39.0%-127.0%-169.0%-230.0%
EPS Growth (YoY)115.0%644.6%40.7%144.6%233.3%-47.5%523.1%922.2%928.6%406.5%168.4%108.4%--------
EPS Growth (QoQ)-6.3%141.7%1.3%-6.3%224.3%-54.3%76.1%27.8%-48.9%442.3%188.9%28.6%115.2%-21.1%64.5%--
OP Margin29.2%27.5%27.8%29.2%28.4%23.9%25.4%25.0%23.9%24.0%22.6%18.5%17.7%14.0%11.8%3.8%
Net Margin21.7%24.7%11.0%11.9%14.6%4.5%10.0%5.2%4.8%8.2%1.7%0.6%0.4%-3.0%-2.7%-7.2%
Material Cost %--32.5%32.5%28.5%24.8%31.6%28.5%35.5%31.8%33.3%33.7%40.2%33.9%34.0%40.2%44.3%
Employee Cost %--19.8%20.3%22.4%25.4%21.4%23.0%22.1%24.7%22.8%24.1%23.4%28.0%27.3%26.1%28.0%
P/S9.478.206.484.91------------------------
P/E53.6251.8261.8848.02------------------------
P/B6.154.863.812.70------------------------

Shareholding Pattern

Shareholders:60.9K (+30.0%)
Current MixJun 2026

Exchange Filings

50
Company Update19 Aug 2026

Dispatch of letter to shareholders whose e-mail addresses are not registered with Company/ Registrar & Transfer Agent/ Depository Participants.

Company Update18 Aug 2026

Disclosure under Reg.30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Company Update14 Aug 2026

Newspaper Publication

Others13 Aug 2026

Annual Report of Shilpa Medicare Limited for the FY 2025-26

AGM/EGM13 Aug 2026

39th Annual General Meeting Notice

Company Update10 Aug 2026

Q1FY27 earnings conference call transcript

Result05 Aug 2026

Unaudited standalone and consolidated Financial Results for the Quarter ended 30 June 2026

Corp. Action05 Aug 2026

The record date for determining the shareholders entitled for payment of final dividend for FY 2025-26, if declared at the 39th AGM is Friday, 4th September 2026.

Board Meeting05 Aug 2026

Unaudited Financial Results for the Quarter ended 30 June 2026

Company Update16 Jul 2026

Credit Rating

Company Update15 Jul 2026

Resignation of Dr. Sridevi Khambhampaty, as Chief Executive Officer (CEO) of Shilpa Biologicals Private Limited, material subsidiary of Shilpa Medicare Limited.

Company Update07 Jul 2026

Intimation of Credit Rating

Company Update06 Jul 2026

Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018

Company Update30 Jun 2026

Shilpa Biologicals Pvt Ltd, a wholly owned subsidiary of Shilpa Medicare Limited enters into a Co-development and supply agreement with Orion Corporation, Finland

Company Update26 Jun 2026

Newspaper Publication

Insider Trading / SAST25 Jun 2026

Intimation of Closure of Trading Window

Company Update24 Jun 2026

Shilpa Biologicals Pvt Ltd, a material subsidiary of Shilpa Medicare Ltd and M/s Sartorius Stedim India Pvt Ltd have entered into a settlement agreement

Company Update24 Jun 2026

Shilpa Medicare Limited has informed the exchange about the copy of news paper publication.

Company Update24 Jun 2026

Press Release on announcement of commissioning of a state-of-art Antibody-Drug Conjugate (ADC) GMP Manufacturing Facility by Shilpa Biologicals Private Limited, a material subsidiary of ....

AGM/EGM23 Jun 2026

Scrutinizers Report along with Voting Results of Postal Ballot

Company Update30 May 2026

USFDA Inspection of Shilpa Medicare Limited at Unit VI, Dabaspet, Bengaluru

Company Update28 May 2026

Annual Secretarial Compliance Report for the financial year 2025-26

Company Update26 May 2026

Transcript of the Q4FY26 Conference call

Company Update23 May 2026

Postal Ballot notice published in news paper.

Company Update23 May 2026

Postal Ballot notice published in newspaper

Company Update22 May 2026

Analyst/Investor Call -Call Recording

AGM/EGM22 May 2026

Notice of Postal Ballot

Company Update22 May 2026

Investor Presentation for the period - Q4FY26

Result22 May 2026

Financial Results

Board Meeting22 May 2026

Outcome of the Board Meeting

Company Update14 May 2026

The schedule of Q4- FY26 Earnings Conference Call, which is to be held on Friday, May 22, 2025, at 16.00 hrs.

Board Meeting14 May 2026

Shilpa Medicare Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve we hereby wish to inform you ....

Company Update23 Apr 2026

Appointment of Dr. Vellaian Karuppiah as Chief Operating Officer (COO)- Formulations - Senior Managerial Personnel.

Company Update22 Apr 2026

Retirement of Senior Managerial Personnel (SMP)

Others09 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update06 Apr 2026

Submission of confirmation certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31 March 2026.

Insider Trading / SAST25 Mar 2026

Intimation of Closure of Trading Window under the SEBI (Prohibition of Insider Trading) Regulation, 2015 for the fourth quarter and year ended 31 March, 2026.

Company Update17 Mar 2026

Intimation of certified true copy of NCLT Order approving the Scheme of amalgamation.

Company Update05 Mar 2026

NCLT order on merger of Shilpa Therapeutics Private Limited a wholly owned subsidiary with Shilpa Media Limited.

Company Update24 Feb 2026

Press release

Company Update19 Feb 2026

Newspaper advertisement - Special Window for Transfer and Dematerialisation of Physical shares.

Company Update14 Feb 2026

Revised attachment to Annexure - 1, on Execution of Agreement with NXI Therapeutics AG

Company Update10 Feb 2026

Transcript of the Q3-FY26 Conference call

Board Meeting06 Feb 2026

Outcome of the Board Meeting of the Company for the third quarter and nine months ended 31 December 2025 held on 06 February 2026.

Company Update06 Feb 2026

Announcement under Regulation 30 (LODR)-Investor Presentation

Result06 Feb 2026

Integrated financials for third quarter and nine months ended 31 December 2025

Company Update06 Feb 2026

Announcement under regulation 30 (LODR) - Investor Presentation

Company Update06 Feb 2026

Shilpa announces the filing of ROTIGOTINE Transdermal System, USP, its First Transdermal patch ANDA to the USFDA

Company Update06 Feb 2026

Analyst/Investor Call -Call Recording

Board Meeting30 Jan 2026

Shilpa Medicare Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2026 ,inter alia, to consider and approve We hereby wish to inform you ....

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
fitchRating update
01 Jul 2025Report
fitchRating update
02 Jul 2024Report
fitchRating update
23 Nov 2023Report
fitchRating update
22 Sept 2023Report
fitchRating update
25 Jul 2023Report
fitchRating update
27 Mar 2023Report

Concalls

31

Feb 2026

28 Feb 2026

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

Jul 2024

31 Jul 2024

May 2024

31 May 2024

May 2024

31 May 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Nov 2022

30 Nov 2022

Nov 2022

30 Nov 2022

Aug 2022

31 Aug 2022

Feb 2022

28 Feb 2022

Oct 2021

31 Oct 2021

Aug 2021

31 Aug 2021

May 2021

31 May 2021

Feb 2021

28 Feb 2021

Nov 2020

30 Nov 2020

Aug 2020

31 Aug 2020

Jun 2020

30 Jun 2020

Jun 2020

30 Jun 2020

Feb 2020

29 Feb 2020

Held by ETFs

2 ETFs hold SHILPAMED · sorted by weight

#ETFWeight %
1

AONETOTAL

AONEAMC - AONETOTAL

0.03%
2

MOHEALTH

MOTILALAMC - MOHEALTH

0.45%

Held by Mutual Funds

18 schemes hold SHILPAMED · sorted by weight

#SchemeWeight %
1

Bandhan Healthcare Fund

Bandhan Mutual Fund

2.78%
2

HDFC Pharma And Healthcare Fund

HDFC Mutual Fund

2.48%
3

ICICI Prudential Exports and Services Fund

ICICI Prudential Mutual Fund

0.96%
4

ITI Pharma and Healthcare Fund

ITI Mutual Fund

1.18%
5

Motilal Oswal Nifty Microcap 250 Index Fund

Motilal Oswal Mutual Fund

0.78%
6

Aditya Birla Sun Life Manufacturing Equity Fund

Aditya Birla Sun Life Mutual Fund

1.53%
7

WhiteOak Capital Special Opportunities Fund

WhiteOak Capital Mutual Fund

0.66%
8

ICICI Prudential ELSS Tax Saver Direct Plan-Growth

ICICI Prudential Mutual Fund

0.88%
9

Aditya Birla Sun Life Small Cap Fund

Aditya Birla Sun Life Mutual Fund

0.58%
10

WhiteOak Capital Mid Cap Fund

WhiteOak Capital Mutual Fund

0.25%
11

Bandhan BSE Healthcare Index Fund

Bandhan Mutual Fund

0.45%
12

Bandhan Small Cap Fund

IDFC Mutual Fund

0.43%
13

WhiteOak Capital Balanced Hybrid Fund

WhiteOak Capital Mutual Fund

0.20%
14

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.03%
15

WhiteOak Capital Balanced Advantage Fund

WhiteOak Capital Mutual Fund

0.17%
16

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.03%
17

WhiteOak Capital Multi Asset Allocation Fund

WhiteOak Capital Mutual Fund

0.01%
18

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.03%