Novartis India

NSE: NOVARTIND · Pharmaceuticals

52W Range₹750 ₹1,780

Snapshot

Unlock Novartis India's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Novartis India Limited is a healthcare company that markets a diverse portfolio of pharmaceutical and generic products. Its therapeutic focus spans bone and pain management, gynecology, neurosciences, and transplantation immunology.

Business Model

The company generates revenue through the commercialisation of established pharmaceutical brands and generic products within the Indian market. It operates as a subsidiary of the global pharmaceutical giant Novartis AG, leveraging its parent's established brand equity.

  • Incorporation Year:1947

Growth Outlook

Growth is primarily driven by the sustained demand for its core therapeutic brands such as Voveran, Tegrital, and Exelon. The company continues to focus on its established portfolio in the Indian healthcare sector.

Key Risks

  • Regulatory Pricing Pressure. The company faces significant risks from government-mandated price controls on essential medicines in India, which can compress profit margins.
  • Generic Competition. The pharmaceutical sector in India is highly competitive, with numerous local manufacturers offering low-cost generic alternatives to established brands.
  • Parent Company Dependency. As a subsidiary of Novartis AG, the company's strategic direction and product pipeline are heavily influenced by the global parent's corporate priorities.
  • Supply Chain and Quality Compliance. Strict adherence to manufacturing standards and supply chain integrity is essential to avoid regulatory sanctions and reputational damage.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Novartis India and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹354 Cr

TTM · standalone

-0.5%YoY

NET PROFIT

₹93 Cr

TTM · standalone

-7.7%YoY

EPS

₹37.75

TTM · standalone

-7.6%YoY

RETURN ON EQUITY

11.7%

TTM · standalone

-1.7 ppYoY

RETURN ON CAPITAL EMPLOYED

16.1%

TTM · standalone

-0.8 ppYoY

P/E

42.3x

Q4 FY26 · standalone

42.3 vs 11.4x5Y avg

EV/EBITDA

29.5x

Q4 FY26 · standalone

29.5 vs 38.0x5Y avg

EBITDA MARGIN

37.5%

TTM · standalone

+0.1 ppYoY

NET PROFIT MARGIN

27.9%

Q4 FY26 · standalone

-7.0 ppYoY

DEBT TO EQUITY

0.0x

Q4 FY26 · standalone

+0.00xYoY

Peers · Pharmaceuticals

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Novartis IndiaNOVARTIND
2,26642.2829.45-0.5%37.5%11.7%16.1%+51.3%
Dishman Carbogen Amcis LimitedDCAL
2,29431.268.098.1%21.2%1.6%3.3%-26.3%
IOL ChemicalsIOLCP
2,28734.9816.8211.5%12.5%8.0%11.0%+75.6%
Bliss GVS PharmaBLISSGVS
2,19341.2922.4114.5%25.6%12.4%17.4%+219.3%
Unichem Laboratories LimitedUNICHEMLAB
2,11116.8418.178.5%11.1%10.0%12.2%-6.3%
Panacea BiotecPANACEABIO
2,027-640.85279.4614.4%1.9%-0.9%-0.1%+30.3%

As of Q4 FY26

Financials