Shilpa Medicare Limited

NSE: SHILPAMED · Pharmaceuticals

52W Range₹260 ₹950

Snapshot

Unlock Shilpa Medicare Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Shilpa Medicare Limited is a pharmaceutical company specialising in the manufacturing of active pharmaceutical ingredients (APIs), intermediates, and finished formulations, with a strong focus on oncology. The company also provides contract manufacturing services for various dosage forms and maintains a secondary interest in wind power generation.

Business Model

The company generates revenue through the sale of oncology and non-oncology APIs, specialty chemicals, and advanced drug delivery systems. Additionally, it operates a contract development and manufacturing organisation (CDMO) model for global pharmaceutical clients and earns income from renewable energy generation.

Growth Outlook

Growth is expected to be driven by the expansion of its peptide and biotech product portfolio alongside increased capacity in its contract manufacturing division. The company continues to leverage its expertise in complex oncology formulations to capture opportunities in regulated international markets.

Key Risks

  • Regulatory Compliance. The company faces significant risks related to stringent inspections and quality standards imposed by global health authorities like the US FDA.
  • Pricing Pressure. Intense competition in the generic API and formulation markets may lead to margin erosion and pricing volatility.
  • Geopolitical and Export Risks. As a significant portion of revenue is derived from international markets, the company is susceptible to changes in trade policies and currency fluctuations.
  • R&D Failure. The development of new drug delivery systems and biotech products involves high capital expenditure with no guarantee of successful commercialisation.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Shilpa Medicare Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹1,538 Cr

TTM · consolidated

+19.6%YoY

NET PROFIT

₹243 Cr

TTM · consolidated

+210.8%YoY

EPS

₹14.91

TTM · consolidated

+85.9%YoY

RETURN ON EQUITY

10.0%

TTM · consolidated

+6.0 ppYoY

RETURN ON CAPITAL EMPLOYED

13.2%

TTM · consolidated

+5.1 ppYoY

P/E

42.8x

Q4 FY26 · consolidated

42.8 vs -173.5x5Y avg

EV/EBITDA

29.5x

Q4 FY26 · consolidated

29.5 vs 98.3x5Y avg

EBITDA MARGIN

28.9%

TTM · consolidated

+2.5 ppYoY

NET PROFIT MARGIN

24.7%

Q4 FY26 · consolidated

+20.3 ppYoY

DEBT TO EQUITY

0.2x

Q4 FY26 · consolidated

+0.00xYoY

Peers · Pharmaceuticals

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Shilpa Medicare LimitedSHILPAMED
6,97442.7829.4519.6%28.9%10.0%13.2%-31.6%
Jeena SikhoJSLL
7,56932.3921.1044.7%47.5%54.5%+6.2%
Akums Drugs and Pharmaceuticals Ltd.AKUMS
7,54740.9715.595.8%14.9%8.2%13.6%+21.6%
Sanofi India LimitedSANOFI
7,52125.3515.72-13.0%27.2%37.2%48.7%-42.1%
Marksans Pharma LimitedMARKSANS
7,52029.8317.3848.6%23.2%44.6%56.2%+5.5%
Sudeep PharmaSUDEEPPHRM
7,04335.0%

As of Q4 FY26

Financials