| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 946 | 441 | +114.4% |
| EBITDA | 178 | 52.2 | +241.8% |
| EBITDA margin | 18.9% | 11.8% | +7.0 pts |
| Profit before tax | 112 | 25.5 | +340.5% |
| Net profit | 79.3 | 17.6 | +351.3% |
| EPS | ₹1.51 | ₹0.57 | +164.9% |
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 |
|---|
| 9,916 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 256 | 256 | 62.7 | 67.4 | 41.6 | ||
| 204 | 204 | 65.9 | 56.4 | 50.4 | ||
| 436 | 436 | 446 | 451 | 398 | ||
| 10,300 | — | — | — | — | ||
| 3,149 | 3,420 | 1,551 | 1,370 | 1,421 | ||
| — | +120.5% | +13.3% | −3.6% | — | ||
| 594 | 653 | 162 | 61.4 | 12.0 | ||
| 18.9% | 19.1% | 10.4% | 4.5% | 0.8% | ||
| 398 | 419 | 95.3 | −0.1 | −43.7 | ||
| 214 | 225 | 32.3 | −29.6 | −122 | ||
| 6.8% | 6.6% | 2.1% | −2.2% | −8.6% | ||
| ₹3.92 | ₹4.06 | ₹0.50 | −₹0.82 | −₹2.77 | ||
| — | +710.2% | +161.0% | +70.4% | — | ||
| — | 323 | 83.4 | 30.6 | 16.8 | ||
| — | −135 | −39.1 | −30.8 | −86.2 | ||
| 188 | 188 | 44.3 | −0.2 | −69.4 | ||
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 | — | — | — | — | 9,916.5 | |
| - Cash, Equiv & ST Investments | 41.6 | 67.4 | 62.7 | 255.8 | 255.8 | |
| + Minority Interest | 50.4 | 56.4 | 65.9 | 203.7 | 203.7 | |
| + Total Debt | 397.9 | 451.3 | 446.4 | 435.8 | 435.8 | |
| Enterprise Value | — | — | — | — | 10,300.2 | |
| Revenue | 1,420.9 | 1,369.7 | 1,551.4 | 3,420.3 | 3,148.7 | |
| Growth %, YoY | — | -3.6 | +13.3 | +120.5 | — | |
| EBITDA | 12.0 | 61.4 | 161.8 | 652.5 | 593.9 | |
| Margin % | 0.84 | 4.48 | 10.43 | 19.08 | 18.86 | |
| EBIT | -43.7 | -0.1 | 95.3 | 418.9 | 397.8 | |
| Net Income | -122.0 | -29.6 | 32.3 | 224.7 | 213.8 | |
| Margin % | -8.58 | -2.16 | 2.08 | 6.57 | 6.79 | |
| EPS, Adj (current shares) | -2.77 | -0.82 | 0.50 | 4.06 | 3.92 | |
| Growth %, YoY | — | +70.4 | +161.0 | +710.2 | — | |
| Cash from Operations | 16.8 | 30.6 | 83.4 | 322.9 | — | |
| Capital Expenditures | -86.2 | -30.8 | -39.1 | -134.7 | — | |
| Free Cash Flow | -69.4 | -0.2 | 44.3 | 188.2 | 188.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Viyash Scientific (NSE: VIYASH) had a market capitalisation of ₹9,809 crore at the 29 October 2026 close (₹224.55 a share), a PE ratio of 57.3 on the last four quarters' profit and a price-to-book ratio of 3.37. In FY26 its consolidated net profit attributable to shareholders was ₹177 crore on revenue of ₹3,420 crore; in Q1 FY27 (April–June 2026) it was ₹65.9 crore, up 360.3% year on year. Its debt-to-equity ratio was 0.14 on 31 March 2026. Promoters held 49.24% of the shares on 30 September 2026.
Viyash Scientific's PE ratio is 57.3 at the 29 October 2026 close (₹224.55 a share): a market capitalisation of ₹9,809 crore divided by consolidated net profit attributable to shareholders of ₹171 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹177 crore) it is 55.3. These four quarters include net exceptional items of −₹43 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
Viyash Scientific's price-to-book (PB) ratio is 3.37 at the 29 October 2026 close: a market capitalisation of ₹9,809 crore divided by shareholders' equity (book value) of ₹2,911 crore on 31 March 2026. That is a book value of ₹66.64 per share against a share price of ₹224.55.
In FY26, Viyash Scientific's return on equity (ROE) was 9.8% and its return on capital employed (ROCE) was 17.5%. 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 3.2% and ROCE 9.5%.
Viyash Scientific's market capitalisation was ₹9,809 crore at the 29 October 2026 close: 43.69 crore shares at ₹224.55 each.
No. Viyash Scientific had borrowings of ₹436 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.14. Its cash and current investments were ₹270 crore, so its net debt was ₹166 crore.
Viyash Scientific's basic earnings per share (EPS) were ₹4.09 in FY26.
Viyash Scientific's debt-to-equity ratio was 0.14 on 31 March 2026: borrowings of ₹436 crore against total equity of ₹3,115 crore. A year earlier, on 31 March 2025, it was 0.58.
Viyash Scientific's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,911 crore on 31 March 2026, up 313.2% from ₹704 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹9,809 crore at the 29 October 2026 close.
Viyash Scientific's book value per share was ₹66.64 on 31 March 2026: shareholders' equity of ₹2,911 crore divided by the 43.69 crore shares in issue. The share price at the 29 October 2026 close was ₹224.55.
Promoters held 49.24% of Viyash Scientific on 30 September 2026, down 12.07 percentage points from 61.31% the previous quarter and down 3.09 percentage points from 52.33% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Viyash Scientific generated ₹323 crore of cash from operations and spent ₹135 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹188 crore. In FY25 it was ₹44.3 crore.
Viyash Scientific's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit attributable to shareholders ₹65.9 crore, up 360.3% from ₹14.3 crore in Q1 FY26; revenue from operations ₹946 crore, up 114.4% year on year.
On 30 September 2026, Viyash Scientific's shares were held by promoters 49.24%, foreign portfolio investors (FII/FPI) 2.60%, domestic institutions (DII) 8.30% (including mutual funds at 7.13%) and retail and other non-institutional investors 39.76%. Over the year, FII holding was down 3.31 percentage points from 5.91% and DII holding was down 4.61 percentage points from 12.91%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Viyash Scientific's PE ratio is 55.3, the highest of the four: Aarti Drugs 21.0, Yatharth Hospital & Trauma Care Services 52.2 and Thyrocare Technologies 50.3, a peer average of 41.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Viyash Scientific earned net profit attributable to shareholders of ₹177 crore on revenue of ₹3,420 crore, against ₹195 crore on ₹2,565 crore for Aarti Drugs. Viyash Scientific's operating margin was 12.3% (Aarti Drugs 9.4%) and its return on equity 9.8% (Aarti Drugs 13.4%). At the 29 October 2026 close, Viyash Scientific's market capitalisation was ₹9,809 crore against ₹4,098 crore for Aarti Drugs, and its PE ratio on FY26 profit 55.3 against 21.0.
In FY26 (April 2025–March 2026), Viyash Scientific's consolidated net profit attributable to shareholders was ₹177 crore, up 710.2% from ₹21.9 crore in FY25, on revenue from operations of ₹3,420 crore (up 120.5%).
Viyash Scientific 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 Aarti Drugs, Yatharth Hospital & Trauma Care Services and Thyrocare Technologies: Viyash Scientific's operating margin of 12.3% is the third highest of the four (Aarti Drugs 9.4%, Yatharth Hospital & Trauma Care Services 16.9%, Thyrocare Technologies 24.5%; peer average 17.0%); its return on equity of 9.8% is the lowest of the four (Aarti Drugs 13.4%, Yatharth Hospital & Trauma Care Services 10.0%, Thyrocare Technologies 28.8%; peer average 17.4%); its revenue growth over three years of 34.0% a year is the second highest of the four (Aarti Drugs −1.9% a year, Yatharth Hospital & Trauma Care Services 48.1% a year, Thyrocare Technologies 16.3% a year; peer average 20.8% a year).
From Viyash Scientific'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.