| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 207 | 196 | +5.6% |
| EBITDA | 41.0 | 39.4 | +4.0% |
| EBITDA margin | 19.8% | 20.1% | −0.3 pts |
| Profit before tax | 27.2 | 24.4 | +11.6% |
| Net profit | 20.9 | 20.5 | +2.0% |
| EPS | ₹2.23 | ₹2.31 | −3.5% |
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 |
|---|
| 4,453 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 45.9 | 45.9 | 41.4 | 36.0 | 7.4 | ||
| 0.0 | 0.0 | 0.0 | — | 0.0 | ||
| 365 | 365 | 311 | 280 | 253 | ||
| 4,772 | — | — | — | — | ||
| 898 | 887 | 783 | 709 | 522 | ||
| — | +13.3% | +10.4% | +35.9% | — | ||
| 173 | 171 | 139 | 117 | 54.5 | ||
| 19.3% | 19.3% | 17.8% | 16.4% | 10.4% | ||
| 133 | 131 | 105 | 85.1 | 22.4 | ||
| 102 | 102 | 69.1 | 49.8 | −7.1 | ||
| 11.4% | 11.5% | 8.8% | 7.0% | −1.4% | ||
| ₹10.97 | ₹10.90 | ₹7.33 | ₹5.32 | −₹0.75 | ||
| — | +48.8% | +37.7% | +805.8% | — | ||
| — | 59.2 | 81.7 | 50.1 | 22.5 | ||
| — | −131 | −123 | −52.2 | −29.9 | ||
| −71.3 | −71.3 | −41.7 | −2.0 | −7.5 | ||
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 | — | — | — | — | 4,452.7 | |
| - Cash, Equiv & ST Investments | 7.4 | 36.0 | 41.4 | 45.9 | 45.9 | |
| + Minority Interest | 0.0 | — | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 252.5 | 280.2 | 310.8 | 365.0 | 365.0 | |
| Enterprise Value | — | — | — | — | 4,771.9 | |
| Revenue | 522.1 | 709.3 | 782.7 | 886.9 | 897.8 | |
| Growth %, YoY | — | +35.9 | +10.4 | +13.3 | — | |
| EBITDA | 54.5 | 116.6 | 139.0 | 171.3 | 172.9 | |
| Margin % | 10.44 | 16.44 | 17.76 | 19.31 | 19.25 | |
| EBIT | 22.4 | 85.1 | 104.7 | 131.4 | 132.7 | |
| Net Income | -7.1 | 49.8 | 69.1 | 102.0 | 102.4 | |
| Margin % | -1.35 | 7.03 | 8.83 | 11.50 | 11.41 | |
| EPS, Adj (current shares) | -0.75 | 5.32 | 7.33 | 10.90 | 10.97 | |
| Growth %, YoY | — | +805.8 | +37.7 | +48.8 | — | |
| Cash from Operations | 22.5 | 50.1 | 81.7 | 59.2 | — | |
| Capital Expenditures | -29.9 | -52.2 | -123.4 | -130.6 | — | |
| Free Cash Flow | -7.5 | -2.0 | -41.7 | -71.3 | -71.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
SMS Pharmaceuticals (NSE: SMSPHARMA) had a market capitalisation of ₹4,550 crore at the 29 October 2026 close (₹485.80 a share), a PE ratio of 44.3 on the last four quarters' profit and a price-to-book ratio of 5.79. In FY26 its consolidated net profit was ₹102 crore on revenue of ₹887 crore; in Q1 FY27 (April–June 2026) it was ₹20.9 crore, up 2.0% year on year. Its debt-to-equity ratio was 0.46 on 31 March 2026. Promoters held 68.07% of the shares on 30 September 2026.
SMS Pharmaceuticals' PE ratio is 44.3 at the 29 October 2026 close (₹485.80 a share): a market capitalisation of ₹4,550 crore divided by consolidated net profit of ₹103 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹102 crore) it is 44.6.
SMS Pharmaceuticals' price-to-book (PB) ratio is 5.79 at the 29 October 2026 close: a market capitalisation of ₹4,550 crore divided by shareholders' equity (book value) of ₹786 crore on 31 March 2026. That is a book value of ₹83.91 per share against a share price of ₹485.80.
SMS Pharmaceuticals' book value per share was ₹83.91 on 31 March 2026: shareholders' equity of ₹786 crore divided by the 9.37 crore shares in issue, up 16.3% from ₹72.15 a year earlier. The share price at the 29 October 2026 close was ₹485.80.
SMS Pharmaceuticals' market capitalisation was ₹4,550 crore at the 29 October 2026 close: 9.37 crore shares at ₹485.80 each.
No. SMS Pharmaceuticals had borrowings of ₹365 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.46. Its cash and current investments were ₹46.1 crore, so its net debt was ₹319 crore.
In 2026, SMS Pharmaceuticals has declared one dividend: ₹0.40 with record date 22 September 2026.
SMS Pharmaceuticals' debt-to-equity ratio was 0.46 on 31 March 2026: borrowings of ₹365 crore against total equity of ₹786 crore. A year earlier, on 31 March 2025, it was 0.49.
SMS Pharmaceuticals' net worth — shareholders' equity in its consolidated balance sheet — was ₹786 crore on 31 March 2026, up 22.9% from ₹640 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,550 crore at the 29 October 2026 close.
Promoters held 68.07% of SMS Pharmaceuticals on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, SMS Pharmaceuticals' return on equity (ROE) was 14.3% and its return on capital employed (ROCE) was 14.3%. 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 11.7% and ROCE 13.7%.
SMS Pharmaceuticals' dividend yield is 0.08% at the 29 October 2026 close: dividends of ₹0.40 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹485.80. They were ₹0.40 on 22 September 2026.
On 30 September 2026, SMS Pharmaceuticals' shares were held by promoters 68.07%, foreign portfolio investors (FII/FPI) 1.18%, domestic institutions (DII) 0.20% (including mutual funds at 0.00%) and retail and other non-institutional investors 30.56%. Over the year, FII holding was up 0.90 percentage points from 0.28% and DII holding was down 2.68 percentage points from 2.88%.
SMS Pharmaceuticals' basic earnings per share (EPS) were ₹11.15 in FY26, against ₹8.16 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹11.24.
In FY26 (April 2025–March 2026), SMS Pharmaceuticals' consolidated net profit was ₹102 crore, up 48.8% from ₹68.6 crore in FY25, on revenue from operations of ₹887 crore (up 13.3%).
SMS Pharmaceuticals will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, SMS Pharmaceuticals generated ₹59.2 crore of cash from operations and spent ₹131 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹71.3 crore. In FY25 it was −₹41.7 crore.
SMS Pharmaceuticals' latest results are for Q1 FY27 (April–June 2026), filed on 31 July 2026: consolidated net profit ₹20.9 crore, up 2.0% from ₹20.5 crore in Q1 FY26; revenue from operations ₹207 crore, up 5.6% year on year.
In FY26, SMS Pharmaceuticals earned net profit of ₹102 crore on revenue of ₹887 crore, against ₹41.4 crore on ₹641 crore for Ind-Swift Laboratories. SMS Pharmaceuticals' operating margin was 14.8% (Ind-Swift Laboratories 2.3%) and its return on equity 14.3% (Ind-Swift Laboratories 3.2%). At the 29 October 2026 close, SMS Pharmaceuticals' market capitalisation was ₹4,550 crore against ₹3,564 crore for Ind-Swift Laboratories, and its PE ratio on FY26 profit 44.6 against 86.0.
On FY26 consolidated figures, against Ind-Swift Laboratories, Solara Active Pharma Sciences and Dishman Carbogen Amcis: SMS Pharmaceuticals' operating margin of 14.8% is the highest of the four (Ind-Swift Laboratories 2.3%, Solara Active Pharma Sciences 6.4%, Dishman Carbogen Amcis 7.7%; peer average 5.5%); its return on equity of 14.3% is the highest of the four (Ind-Swift Laboratories 3.2%, Solara Active Pharma Sciences −0.6%, Dishman Carbogen Amcis 1.6%; peer average 1.4%); its revenue growth over three years of 19.3% a year is the highest of the four (Ind-Swift Laboratories −19.0% a year, Solara Active Pharma Sciences −1.8% a year, Dishman Carbogen Amcis 6.7% a year; peer average −4.7% a year).
From SMS 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.