About
Ajanta Pharma Limited, together with its subsidiaries, a pharmaceutical formulation company that develops, manufactures, and markets specialty pharmaceutical finished dosages. The company offers chronic and acute therapies; branded generic products; and a range of dosage forms, including tablets, capsules, injectables, inhalers, ointments, creams, and liquids. It also serves various therapeutic areas comprising cardiology, dermatology, ophthalmology, and pain management. The company operates in India, Africa, Asia, the United States, and internationally. Ajanta Pharma Limited was founded in 1973 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap43,296 Cr
P/E38.20
Div Yield0.92 %
Book Value₹362.00
52w High₹3,797.00
52w Low₹2,330.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,489.00 | 1,211.00 | 1,207.00 | 1,220.00 | 1,209.00 | 1,014.00 | 1,102.00 | 1,129.00 | 1,077.00 | 926.00 | 1,085.00 | 945.00 | 1,015.00 |
| Expenses | 1,092.00 | 972.00 | 866.00 | 931.00 | 879.00 | 764.00 | 766.00 | 826.00 | 761.00 | 699.00 | 758.00 | 672.00 | 738.00 |
| Operating Profit | 397.00 | 238.00 | 341.00 | 290.00 | 329.00 | 250.00 | 336.00 | 303.00 | 316.00 | 227.00 | 327.00 | 274.00 | 277.00 |
| OPM % | 27.00 | 20.00 | 28.00 | 24.00 | 27.00 | 25.00 | 31.00 | 27.00 | 29.00 | 25.00 | 30.00 | 29.00 | 27.00 |
| Other Income | 71.00 | 63.00 | 26.00 | 75.00 | 41.00 | 18.00 | 33.00 | 40.00 | 28.00 | 34.00 | 14.00 | 52.00 | 31.00 |
| Depreciation | 43.00 | 44.00 | 42.00 | 42.00 | 40.00 | 39.00 | 35.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 32.00 |
| Interest | 1.00 | -1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 |
| Profit before tax | 423.00 | 258.00 | 322.00 | 322.00 | 329.00 | 228.00 | 332.00 | 309.00 | 311.00 | 226.00 | 305.00 | 290.00 | 275.00 |
| Tax % | 26.00 | 23.00 | 24.00 | 22.00 | 22.00 | 15.00 | 24.00 | 24.00 | 24.00 | 28.00 | 28.00 | 27.00 | 23.00 |
| Net Profit | 315.00 | 197.00 | 245.00 | 250.00 | 255.00 | 193.00 | 252.00 | 235.00 | 236.00 | 163.00 | 220.00 | 212.00 | 212.00 |
| EPS in Rs | 25.25 | 15.79 | 19.61 | 19.97 | 20.41 | 15.49 | 20.21 | 18.81 | 18.90 | 12.70 | 17.18 | 16.57 | 16.55 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,846.00 | 4,322.00 | 3,971.00 | 3,411.00 | 3,141.00 | 2,719.00 | 2,196.00 | 1,773.00 | 1,825.00 | 1,804.00 | 1,574.00 | 1,356.00 |
| Expenses | 3,646.00 | 3,117.00 | 2,852.00 | 2,710.00 | 2,246.00 | 1,800.00 | 1,664.00 | 1,291.00 | 1,279.00 | 1,166.00 | 1,044.00 | 884.00 |
| Operating Profit | 1,200.00 | 1,205.00 | 1,119.00 | 701.00 | 895.00 | 919.00 | 533.00 | 481.00 | 547.00 | 638.00 | 529.00 | 473.00 |
| OPM % | 25.00 | 28.00 | 28.00 | 21.00 | 28.00 | 34.00 | 24.00 | 27.00 | 30.00 | 35.00 | 34.00 | 35.00 |
| Other Income | 203.00 | 119.00 | 116.00 | 131.00 | 136.00 | 102.00 | 180.00 | 102.00 | 73.00 | 63.00 | 80.00 | 27.00 |
| Interest | 3.00 | 5.00 | 7.00 | 5.00 | 9.00 | 7.00 | 9.00 | 0.00 | 0.00 | 1.00 | 4.00 | 5.00 |
| Depreciation | 169.00 | 140.00 | 132.00 | 127.00 | 121.00 | 111.00 | 91.00 | 70.00 | 57.00 | 59.00 | 43.00 | 49.00 |
| Profit before tax | 1,231.00 | 1,180.00 | 1,097.00 | 700.00 | 901.00 | 902.00 | 613.00 | 513.00 | 562.00 | 641.00 | 563.00 | 445.00 |
| Tax % | 23.00 | 22.00 | 26.00 | 20.00 | 20.00 | 25.00 | 28.00 | 24.00 | 24.00 | 22.00 | 25.00 | 31.00 |
| Net Profit | 947.00 | 917.00 | 807.00 | 559.00 | 720.00 | 676.00 | 441.00 | 392.00 | 428.00 | 500.00 | 422.00 | 306.00 |
| EPS in Rs | 75.78 | 73.40 | 63.00 | 43.61 | 56.20 | 52.05 | 33.70 | 29.93 | 32.39 | 37.86 | 31.97 | 23.21 |
| Dividend Payout % | 37.00 | 38.00 | 80.00 | 16.00 | 11.00 | 12.00 | 26.00 | 20.00 | 0.00 | 23.00 | 17.00 | 17.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25.00 | 25.00 | 25.00 | 25.00 | 17.00 | 17.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 |
| Reserves | 4,198.00 | 3,600.00 | 3,388.00 | 3,221.00 | 3,152.00 | 2,868.00 | 2,444.00 | 2,125.00 | 1,914.00 | 1,486.00 | 1,114.00 | 769.00 |
| Borrowings | 35.00 | 31.00 | 31.00 | 33.00 | 20.00 | 26.00 | 23.00 | 0.00 | 0.00 | 0.00 | 68.00 | 71.00 |
| Other Liabilities | 1,058.00 | 898.00 | 773.00 | 1,025.00 | 591.00 | 621.00 | 564.00 | 379.00 | 360.00 | 245.00 | 214.00 | 229.00 |
| Total Liabilities | 5,317.00 | 4,554.00 | 4,217.00 | 4,305.00 | 3,780.00 | 3,532.00 | 3,049.00 | 2,522.00 | 2,292.00 | 1,749.00 | 1,414.00 | 1,086.00 |
| Fixed Assets | 1,845.00 | 1,742.00 | 1,465.00 | 1,484.00 | 1,492.00 | 1,519.00 | 1,449.00 | 1,162.00 | 1,037.00 | 573.00 | 433.00 | 271.00 |
| CWIP | 258.00 | 176.00 | 256.00 | 209.00 | 153.00 | 108.00 | 131.00 | 261.00 | 61.00 | 339.00 | 240.00 | 170.00 |
| Investments | 606.00 | 482.00 | 367.00 | 553.00 | 165.00 | 157.00 | 86.00 | 83.00 | 201.00 | 199.00 | 94.00 | 77.00 |
| Other Assets | 2,608.00 | 2,154.00 | 2,129.00 | 2,058.00 | 1,970.00 | 1,748.00 | 1,383.00 | 1,015.00 | 993.00 | 638.00 | 647.00 | 568.00 |
| Total Assets | 5,317.00 | 4,554.00 | 4,217.00 | 4,305.00 | 3,780.00 | 3,532.00 | 3,049.00 | 2,522.00 | 2,292.00 | 1,749.00 | 1,414.00 | 1,086.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 804.00 | 1,054.00 | 735.00 | 736.00 | 542.00 | 467.00 | 301.00 | 312.00 | 219.00 | 537.00 | 277.00 | 263.00 |
| Cash from Investing Activity | -400.00 | -350.00 | 105.00 | -501.00 | -66.00 | -163.00 | -116.00 | -137.00 | -201.00 | -340.00 | -139.00 | -146.00 |
| Cash from Financing Activity | -360.00 | -716.00 | -1,048.00 | -105.00 | -457.00 | -269.00 | -134.00 | -181.00 | -1.00 | -198.00 | -128.00 | -101.00 |
| Net Cash Flow | 45.00 | -12.00 | -207.00 | 130.00 | 19.00 | 35.00 | 51.00 | -6.00 | 18.00 | -1.00 | 9.00 | 16.00 |
| Free Cash Flow | 437.00 | 737.00 | 595.00 | 561.00 | 414.00 | 313.00 | 75.00 | -27.00 | -42.00 | 241.00 | -18.00 | 154.00 |
| CFO/OP % | 91.00 | 111.00 | 88.00 | 123.00 | 82.00 | 72.00 | 82.00 | 86.00 | 62.00 | 105.00 | 81.00 | 84.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 103.00 | 104.00 | 111.00 | 105.00 | 121.00 | 105.00 | 122.00 | 87.00 | 86.00 | 68.00 | 81.00 | 65.00 |
| Inventory Days | 286.00 | 267.00 | 229.00 | 248.00 | 278.00 | 317.00 | 240.00 | 386.00 | 290.00 | 149.00 | 167.00 | 147.00 |
| Days Payable | 160.00 | 132.00 | 130.00 | 128.00 | 120.00 | 159.00 | 166.00 | 173.00 | 193.00 | 121.00 | 128.00 | 104.00 |
| Cash Conversion Cycle | 229.00 | 238.00 | 210.00 | 225.00 | 279.00 | 264.00 | 195.00 | 300.00 | 183.00 | 96.00 | 121.00 | 108.00 |
| Working Capital Days | 119.00 | 116.00 | 130.00 | 92.00 | 153.00 | 138.00 | 132.00 | 132.00 | 115.00 | 73.00 | 83.00 | 55.00 |
| ROCE % | 31.00 | 33.00 | 32.00 | 21.00 | 30.00 | 34.00 | 27.00 | 25.00 | 33.00 | 48.00 | 55.00 | 60.00 |
Corporate Actions
47 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 05 Aug 2026 | 05 Aug 2026 | — | 32.00 | |
| Dividend | 10 Nov 2025 | 10 Nov 2025 | — | 28.00 | |
| Dividend | 06 Nov 2024 | 06 Nov 2024 | — | 28.00 | |
| Other | 30 May 2024 | 30 May 2024 | — | — | Buy Back of Shares |
| Other | 30 May 2024 | 30 May 2024 | — | — | Buy Back |
| Dividend | 08 Feb 2024 | 08 Feb 2024 | — | 26.00 | |
| Dividend | 04 Aug 2023 | 04 Aug 2023 | — | 15.00 | NSE/BSE dividend mismatch: BSE/NSE=10.0; BSE/NSE=15.0 |
| Dividend | 04 Aug 2023 | 04 Aug 2023 | — | 10.00 | NSE/BSE dividend mismatch: BSE/NSE=10.0; BSE/NSE=15.0 |
| Other | 24 Mar 2023 | 24 Mar 2023 | — | — | Buy Back of Shares |
| Other | 24 Mar 2023 | 24 Mar 2023 | — | — | Buy Back |
| Dividend | 11 Nov 2022 | 14 Nov 2022 | — | 7.00 | |
| Bonus | 22 Jun 2022 | 23 Jun 2022 | 1:2 | — | |
| Other | 13 Jan 2022 | 14 Jan 2022 | — | — | Buy Back of Shares |
| Other | 13 Jan 2022 | 14 Jan 2022 | — | — | Buyback |
| Dividend | 09 Nov 2021 | 10 Nov 2021 | — | 9.50 | |
| Dividend | 12 Nov 2020 | 13 Nov 2020 | — | 9.50 | |
| Other | 12 Nov 2020 | 13 Nov 2020 | — | — | Buy Back of Shares |
| Other | 12 Nov 2020 | 13 Nov 2020 | — | — | Buyback |
| Other | 21 Jul 2020 | — | — | — | Annual General Meeting |
| Dividend | 15 Nov 2019 | 18 Nov 2019 | — | 13.00 | |
| Other | 09 Jul 2019 | — | — | — | Annual General Meeting |
| Other | 11 Feb 2019 | 12 Feb 2019 | — | — | Buy Back of Shares |
| Other | 11 Feb 2019 | 12 Feb 2019 | — | — | Buy Back |
| Dividend | 09 Nov 2018 | 12 Nov 2018 | — | 9.00 | |
| Other | 26 Jun 2018 | — | — | — | Annual General Meeting |
| Other | 23 Jun 2017 | — | — | — | Annual General Meeting |
| Dividend | 23 Mar 2017 | 25 Mar 2017 | — | 7.00 | |
| Dividend | 07 Nov 2016 | 08 Nov 2016 | — | 6.00 | |
| Other | 24 Jun 2016 | — | — | — | Annual General Meeting |
| Dividend | 17 Mar 2016 | 19 Mar 2016 | — | 8.00 | |
| Dividend | 25 Jun 2015 | — | — | 6.00 | |
| Split | 20 Mar 2015 | 23 Mar 2015 | 5:2 | — | |
| Dividend | 24 Jul 2014 | — | — | 10.00 | |
| Bonus | 17 Sep 2013 | 18 Sep 2013 | 1:2 | — | |
| Dividend | 18 Jul 2013 | — | — | 6.25 | |
| Split | 09 Aug 2012 | 10 Aug 2012 | 10:5 | — | |
| Dividend | 28 Jun 2012 | — | — | 7.50 | |
| Dividend | 23 Jun 2011 | — | — | 5.00 | |
| Dividend | 29 Jun 2010 | — | — | 3.50 | |
| Dividend | 30 Jun 2009 | — | — | 2.50 | |
| Dividend | 27 Jun 2008 | — | — | 2.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=2.5 |
| Dividend | 27 Jun 2008 | — | — | 0.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=2.5 |
| Dividend | 19 Sep 2007 | — | — | 2.00 | NSE/BSE dividend mismatch: NSE=0.4; BSE=2.0 |
| Dividend | 19 Sep 2007 | — | — | 0.40 | NSE/BSE dividend mismatch: NSE=0.4; BSE=2.0 |
| Dividend | 18 Sep 2006 | — | — | 1.50 | |
| Other | 21 Sep 2005 | — | — | — | Agm |
| Dividend | 05 Sep 2001 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update14 Aug from care
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Rating update25 Aug 2025 from care
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Rating update29 Aug 2024 from care
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Rating update12 Sep 2023 from care
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Rating update12 Sep 2022 from care
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Rating update31 Aug 2021 from care