Shilpa Medicare Limited

NSE: SHILPAMED · Pharmaceuticals

52W Range₹260 ₹1,033

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.

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

₹1,682 Cr

TTM · consolidated

+27.9%YoY

NET PROFIT

₹297 Cr

TTM · consolidated

+167.6%YoY

EPS

₹15.28

TTM · consolidated

+34.6%YoY

RETURN ON EQUITY

12.0%

TTM · consolidated

+7.3 ppYoY

RETURN ON CAPITAL EMPLOYED

14.2%

TTM · consolidated

+6.1 ppYoY

P/E

63.1x

Q1 FY27 · consolidated

63.1 vs -256.4x5Y avg

EV/EBITDA

40.1x

Q1 FY27 · consolidated

40.1 vs 144.6x5Y avg

EBITDA MARGIN

28.9%

TTM · consolidated

+1.9 ppYoY

NET PROFIT MARGIN

21.7%

Q1 FY27 · consolidated

+7.1 ppYoY

DEBT TO EQUITY

0.2x

Q1 FY27 · consolidated

+0.00xYoY

Peers · Pharmaceuticals

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Shilpa Medicare LimitedSHILPAMED
₹18,857 Cr63.1040.0827.9%28.9%12.0%14.2%+14.5%
Granules India Ltd.GRANULES
₹21,021 Cr31.3516.7324.8%22.8%15.1%20.1%+65.4%
Eris Lifesciences Ltd.ERIS
₹18,314 Cr28.1117.939.7%35.5%19.7%15.5%-25.1%
Onesource Specialty Pharma Ltd.ONESOURCE
₹17,630 Cr-362.6953.5127.2%22.8%-0.8%0.9%-18.2%
Cohance Lifesciences Ltd.COHANCE
₹17,468 Cr164.2450.5041.2%16.3%2.1%3.5%-49.2%
AstraZenca Pharma India Ltd.ASTRAZEN
₹17,360 Cr102.3465.9831.1%10.5%20.6%25.7%-23.8%

As of Q1 FY27

Financials