| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 200 | 167 | +19.7% |
| EBITDA | 5.7 | −1.2 | — |
| EBITDA margin | 2.8% | −0.7% | +3.6 pts |
| Profit before tax | 3.6 | 6.6 | −45.6% |
| Net profit | 2.2 | 4.0 | −44.4% |
| EPS | ₹0.38 | ₹0.66 | −42.4% |
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 |
|---|
| 2,017 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 67.3 | 67.3 | 85.3 | 87.5 | 53.3 | ||
| −6.0 | −6.0 | −4.2 | −3.8 | −3.5 | ||
| 23.7 | 23.7 | 22.2 | 21.0 | 20.2 | ||
| 1,967 | — | — | — | — | ||
| 673 | 640 | 559 | 559 | 460 | ||
| — | +14.4% | −0.0% | +21.6% | — | ||
| 2.2 | −4.7 | −25.9 | −20.1 | −98.0 | ||
| 0.3% | −0.7% | −4.6% | −3.6% | −21.3% | ||
| −30.4 | −37.7 | −60.7 | −56.8 | −137 | ||
| −8.9 | −7.2 | −8.7 | −1.5 | −33.8 | ||
| −1.3% | −1.1% | −1.6% | −0.3% | −7.3% | ||
| −₹1.16 | −₹0.88 | −₹1.37 | −₹0.19 | −₹5.51 | ||
| — | +35.8% | −615.4% | +96.5% | — | ||
| — | 16.7 | −27.4 | −0.1 | −423 | ||
| — | −54.1 | −50.3 | −77.7 | −41.0 | ||
| −37.4 | −37.4 | −77.7 | −77.8 | −464 | ||
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 | — | — | — | — | 2,017.1 | |
| - Cash, Equiv & ST Investments | 53.3 | 87.5 | 85.3 | 67.3 | 67.3 | |
| + Minority Interest | -3.5 | -3.8 | -4.2 | -6.0 | -6.0 | |
| + Total Debt | 20.2 | 21.0 | 22.2 | 23.7 | 23.7 | |
| Enterprise Value | — | — | — | — | 1,967.4 | |
| Revenue | 460.0 | 559.2 | 559.1 | 639.8 | 672.6 | |
| Growth %, YoY | — | +21.6 | -0.0 | +14.4 | — | |
| EBITDA | -98.0 | -20.1 | -25.9 | -4.7 | 2.2 | |
| Margin % | -21.30 | -3.59 | -4.63 | -0.73 | 0.33 | |
| EBIT | -137.1 | -56.8 | -60.7 | -37.7 | -30.4 | |
| Net Income | -33.8 | -1.5 | -8.7 | -7.2 | -8.9 | |
| Margin % | -7.34 | -0.27 | -1.56 | -1.12 | -1.33 | |
| EPS, Adj (current shares) | -5.51 | -0.19 | -1.37 | -0.88 | -1.16 | |
| Growth %, YoY | — | +96.5 | -615.4 | +35.8 | — | |
| Cash from Operations | -423.5 | -0.1 | -27.4 | 16.7 | — | |
| Capital Expenditures | -41.0 | -77.7 | -50.3 | -54.1 | — | |
| Free Cash Flow | -464.4 | -77.8 | -77.7 | -37.4 | -37.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Panacea Biotec (NSE: PANACEABIO) had a market capitalisation of ₹1,998 crore at the 29 October 2026 close (₹325.90 a share) and a price-to-book ratio of 2.39. In FY26 its consolidated net loss was ₹5.4 crore on revenue of ₹640 crore; in Q1 FY27 (April–June 2026) it was ₹2.3 crore, down 43.2% year on year. Its debt-to-equity ratio was 0.03 on 31 March 2026. Promoters held 72.48% of the shares on 30 September 2026.
Panacea Biotec's PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹7.1 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹1,998 crore at ₹325.90 a share.
Panacea Biotec's price-to-book (PB) ratio is 2.39 at the 29 October 2026 close: a market capitalisation of ₹1,998 crore divided by shareholders' equity (book value) of ₹835 crore on 31 March 2026. That is a book value of ₹136.19 per share against a share price of ₹325.90.
Panacea Biotec's book value per share was ₹136.19 on 31 March 2026: shareholders' equity of ₹835 crore divided by the 6.13 crore shares in issue, unchanged from ₹136.18 a year earlier. The share price at the 29 October 2026 close was ₹325.90.
Panacea Biotec's market capitalisation was ₹1,998 crore at the 29 October 2026 close: 6.13 crore shares at ₹325.90 each.
No. Panacea Biotec had borrowings of ₹23.7 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.03. Its cash and current investments were ₹74.4 crore, so it held net cash of ₹50.7 crore.
Panacea Biotec's basic earnings per share (EPS) were −₹0.88 in FY26, against −₹1.37 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹1.16.
Panacea Biotec's debt-to-equity ratio was 0.03 on 31 March 2026: borrowings of ₹23.7 crore against total equity of ₹829 crore. A year earlier, on 31 March 2025, it was 0.03.
Panacea Biotec's net worth — shareholders' equity in its consolidated balance sheet — was ₹835 crore on 31 March 2026, unchanged from ₹835 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,998 crore at the 29 October 2026 close.
In FY26, Panacea Biotec generated ₹16.7 crore of cash from operations and spent ₹54.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹37.4 crore. In FY25 it was −₹77.7 crore.
In FY26, Panacea Biotec's return on equity (ROE) was −0.6% and its return on capital employed (ROCE) was −4.1%. ROE is net profit 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 −1.0% and ROCE −6.6%.
On 30 September 2026, Panacea Biotec's shares were held by promoters 72.48%, foreign portfolio investors (FII/FPI) 2.75%, domestic institutions (DII) 2.47% (including mutual funds at 0.00%) and retail and other non-institutional investors 22.30%. Over the year, FII holding was up 1.69 percentage points from 1.06% and DII holding was up 0.66 percentage points from 1.81%.
Panacea Biotec's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹2.3 crore, down 43.2% from ₹4.1 crore in Q1 FY26; revenue from operations ₹200 crore, up 19.7% year on year.
Promoters held 72.48% of Panacea Biotec on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Panacea Biotec's consolidated net loss was ₹5.4 crore, narrower than the loss of ₹8.4 crore in FY25, on revenue from operations of ₹640 crore (up 14.4%).
Panacea Biotec has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Sai Parenterals, Hikal and Indoco Remedies: Panacea Biotec's operating margin of −5.9% is the lowest of the four (Sai Parenterals 5.7%, Hikal 3.3%, Indoco Remedies 0.8%; peer average 3.3%); its return on equity of −0.6% is the second highest of the four (Sai Parenterals 2.9%, Hikal −4.0%, Indoco Remedies −9.7%; peer average −3.6%).
In FY26, Panacea Biotec earned net profit of ₹5.4 crore on revenue of ₹640 crore, against ₹14.3 crore on ₹381 crore for Sai Parenterals. Panacea Biotec's operating margin was −5.9% (Sai Parenterals 5.7%) and its return on equity −0.6% (Sai Parenterals 2.9%). At the 29 October 2026 close, Panacea Biotec's market capitalisation was ₹1,998 crore against ₹2,234 crore for Sai Parenterals.
From Panacea Biotec's 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.