| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,626 | 1,303 | +24.8% |
| EBITDA | 424 | 351 | +20.6% |
| EBITDA margin | 26.1% | 27.0% | −0.9 pts |
| Profit before tax | 447 | 331 | +34.9% |
| Net profit | 334 | 255 | +30.9% |
| EPS | ₹26.75 | ₹20.44 | +30.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 43,369 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 663 | 663 | 614 | 460 | 840 | ||
| 212 | 212 | 2.6 | 1.5 | 1.4 | ||
| 42,917 | — | — | — | — | ||
| 5,776 | 5,453 | 4,648 | 4,209 | 3,743 | ||
| — | +17.3% | +10.4% | +12.5% | — | ||
| 1,467 | 1,395 | 1,260 | 1,172 | 783 | ||
| 25.4% | 25.6% | 27.1% | 27.9% | 20.9% | ||
| 1,291 | 1,222 | 1,115 | 1,037 | 652 | ||
| 1,135 | 1,056 | 920 | 816 | 588 | ||
| 19.6% | 19.4% | 19.8% | 19.4% | 15.7% | ||
| ₹90.20 | ₹84.24 | ₹73.43 | ₹65.18 | ₹46.91 | ||
| — | +14.7% | +12.7% | +38.9% | — | ||
| — | 529 | 1,157 | 785 | 792 | ||
| — | −365 | −318 | −152 | −174 | ||
| 164 | 164 | 839 | 633 | 617 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 43,368.6 | |
| - Cash, Equiv & ST Investments | 840.1 | 459.5 | 613.8 | 663.1 | 663.1 | |
| + Total Debt | 1.4 | 1.5 | 2.6 | 212.0 | 212.0 | |
| Enterprise Value | — | — | — | — | 42,917.5 | |
| Revenue | 3,742.6 | 4,208.7 | 4,648.1 | 5,452.9 | 5,776.2 | |
| Growth %, YoY | — | +12.5 | +10.4 | +17.3 | — | |
| EBITDA | 783.3 | 1,171.9 | 1,259.5 | 1,394.8 | 1,467.1 | |
| Margin % | 20.93 | 27.85 | 27.10 | 25.58 | 25.40 | |
| EBIT | 652.5 | 1,036.5 | 1,115.4 | 1,221.7 | 1,290.7 | |
| Net Income | 588.0 | 816.2 | 920.4 | 1,056.0 | 1,134.9 | |
| Margin % | 15.71 | 19.39 | 19.80 | 19.37 | 19.65 | |
| EPS, Adj (current shares) | 46.91 | 65.18 | 73.43 | 84.24 | 90.20 | |
| Growth %, YoY | — | +38.9 | +12.7 | +14.7 | — | |
| Cash from Operations | 791.8 | 785.1 | 1,157.2 | 529.2 | — | |
| Capital Expenditures | -174.5 | -152.4 | -317.9 | -365.2 | — | |
| Free Cash Flow | 617.3 | 632.7 | 839.3 | 164.0 | 164.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Ajanta Pharmaceuticals (NSE: AJANTPHARM) had a market capitalisation of ₹43,367 crore at the 29 October 2026 close (₹3,459.70 a share), a PE ratio of 38.4 on the last four quarters' profit and a price-to-book ratio of 9.58. In FY26 its consolidated net profit attributable to shareholders was ₹1,056 crore on revenue of ₹5,453 crore; in Q1 FY27 (April–June 2026) it was ₹330 crore, up 29.2% year on year. Its debt-to-equity ratio was 0.05 on 31 March 2026. Promoters held 63.47% of the shares on 30 September 2026.
Ajanta Pharmaceuticals' PE ratio is 38.4 at the 29 October 2026 close (₹3,459.70 a share): a market capitalisation of ₹43,367 crore divided by consolidated net profit attributable to shareholders of ₹1,131 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹1,056 crore) it is 41.1.
Ajanta Pharmaceuticals' price-to-book (PB) ratio is 9.58 at the 29 October 2026 close: a market capitalisation of ₹43,367 crore divided by shareholders' equity (book value) of ₹4,527 crore on 31 March 2026. That is a book value of ₹361.16 per share against a share price of ₹3,459.70.
In FY26, Ajanta Pharmaceuticals' return on equity (ROE) was 25.4% and its return on capital employed (ROCE) was 27.9%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 25.0% and ROCE 28.7%.
Ajanta Pharmaceuticals' market capitalisation was ₹43,367 crore at the 29 October 2026 close: 12.54 crore shares at ₹3,459.70 each.
No. Ajanta Pharmaceuticals had borrowings of ₹212 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.05. Its cash and current investments were ₹665 crore, so it held net cash of ₹453 crore.
In 2026, Ajanta Pharmaceuticals has declared one dividend: ₹32 (interim) with record date 5 August 2026.
Ajanta Pharmaceuticals' debt-to-equity ratio was 0.05 on 31 March 2026: borrowings of ₹212 crore against total equity of ₹4,527 crore. A year earlier, on 31 March 2025, it was 0.00.
Ajanta Pharmaceuticals' net worth — shareholders' equity in its consolidated balance sheet — was ₹4,527 crore on 31 March 2026, up 19.4% from ₹3,790 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹43,367 crore at the 29 October 2026 close.
Ajanta Pharmaceuticals' book value per share was ₹361.16 on 31 March 2026: shareholders' equity of ₹4,527 crore divided by the 12.54 crore shares in issue, up 19.4% from ₹302.38 a year earlier. The share price at the 29 October 2026 close was ₹3,459.70.
Ajanta Pharmaceuticals' basic earnings per share (EPS) were ₹84.53 in FY26, against ₹73.56 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹90.84.
Promoters held 63.47% of Ajanta Pharmaceuticals on 30 September 2026, down 0.01 percentage points from 63.48% the previous quarter and down 2.78 percentage points from 66.25% a year earlier, according to the shareholding pattern filed with NSE.
Ajanta Pharmaceuticals will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
Ajanta Pharmaceuticals' dividend yield is 1.73% at the 29 October 2026 close: dividends of ₹60 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹3,459.70. They were ₹32 on 5 August 2026 (interim) and ₹28 on 10 November 2025 (interim).
On 30 September 2026, Ajanta Pharmaceuticals' shares were held by promoters 63.47%, foreign portfolio investors (FII/FPI) 7.63%, domestic institutions (DII) 21.94% (including mutual funds at 17.95%) and retail and other non-institutional investors 6.96%. Over the year, FII holding was down 0.90 percentage points from 8.53% and DII holding was up 4.04 percentage points from 17.90%.
In FY26, Ajanta Pharmaceuticals generated ₹529 crore of cash from operations and spent ₹365 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹164 crore. In FY25 it was ₹839 crore.
Ajanta Pharmaceuticals' latest results are for Q1 FY27 (April–June 2026), filed on 30 July 2026: consolidated net profit attributable to shareholders ₹330 crore, up 29.2% from ₹255 crore in Q1 FY26; revenue from operations ₹1,626 crore, up 24.8% year on year.
In FY26 (April 2025–March 2026), Ajanta Pharmaceuticals' consolidated net profit attributable to shareholders was ₹1,056 crore, up 14.7% from ₹920 crore in FY25, on revenue from operations of ₹5,453 crore (up 17.3%). Over three years, from FY23, net profit was up 79.6%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Ajanta Pharmaceuticals' PE ratio is 41.1, the third highest of the four: Alkem Laboratories 26.4, Ipca Laboratories 42.8 and Torrent Pharma 80.5, a peer average of 49.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Alkem Laboratories, Ipca Laboratories and Torrent Pharma: Ajanta Pharmaceuticals' operating margin of 22.4% is the second highest of the four (Alkem Laboratories 17.8%, Ipca Laboratories 16.2%, Torrent Pharma 24.6%; peer average 19.5%); its return on equity of 25.4% is the second highest of the four (Alkem Laboratories 17.8%, Ipca Laboratories 15.2%, Torrent Pharma 27.1%; peer average 20.0%); its revenue growth over three years of 13.4% a year is the second highest of the four (Alkem Laboratories 8.3% a year, Ipca Laboratories 15.6% a year, Torrent Pharma 13.3% a year; peer average 12.4% a year).
In FY26, Ajanta Pharmaceuticals earned net profit attributable to shareholders of ₹1,056 crore on revenue of ₹5,453 crore, against ₹2,302 crore on ₹14,712 crore for Alkem Laboratories. Ajanta Pharmaceuticals' operating margin was 22.4% (Alkem Laboratories 17.8%) and its return on equity 25.4% (Alkem Laboratories 17.8%). At the 29 October 2026 close, Ajanta Pharmaceuticals' market capitalisation was ₹43,367 crore against ₹60,719 crore for Alkem Laboratories, and its PE ratio on FY26 profit 41.1 against 26.4.
From Ajanta Pharmaceuticals' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.