About
Bajaj HealthCare Limited, a pharmaceutical company, develops, manufactures, markets, and sells active pharmaceutical ingredient, intermediates, and finished dosage forms and nutraceuticals for pharmaceutical, nutraceuticals, and food industries in India and internationally. The company offers active pharmaceutical ingredient in various therapeutic categories, including anti-diabetic, antibiotic, antiviral, antiplatelet, antifungal, antihelmintic, iron-chelating agent, anticonvulsant, growth stimulant, non-steroidal anti-inflammatory drugs, antihypertensive, anthelmintics, anti-asthmatic, antioxidant, urinary tract infection, anti-histamine, weight reducing, phlebotropic drug, antimalarial, vitamin c, disinfectant/ antiseptic, stimulant, lipotropic agents, nootropic, vasoprotective/antihemorrhagic, cardiovascular agents, food supplements, anti-anemic, amino acids, antiasthmatic / bronchodilator, nutritional supplement, and minerals. It provides intermediates, such as guanine, 3-methyl xanthine, bromoethyl theophylline, calcium phosphoryl choline chloride, 4-hydrazinobenzoic acid, ticagrelor acetonide, 4,7-dichloroquinolone, 5-[N-ethyl-N-(2-hydroxyethyl)amino]-2-aminopentane, 2-amino -4-hydroxyacetophenone, 8- chloro theophylline, 8 bromo-3-methyl xanthine, 3-methyl-7-(2-butyn-1-yl)-8-bromo xanthine, (S)-1-(2-chloroacetyl)pyrrolidine-2-carbonitrile, 3 Β amino Β 1 Β adamantanol, N Β boc -sitagliptin, sitagliptin base, hesperidine, (2,7-dichlori-9H-fluorene), (2-Chloro-1-(2,7- dichlori-9H-fluoren-4-yl)ethanone), (2-(dibutylamino)-1-(2, 7- dichlori-9H-fluoren-4-yl)ethanol), (2-Nitro-4-thiocyanoaniline), 4- (propylthio) benzene -1,2-diamine, methyl [(E)amino(methylsulfanyl)methylidene] carbamate, and (2-phenoxy methane sulphonamide). In addition, the company offers formulations in the form of tablets, capsules, sachets, and vials, as well as impurities. Bajaj HealthCare Limited was incorporated in 1993 and is based in Thane, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores Β· 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 | 166.00 | 153.00 | 161.00 | 148.00 | 149.00 | 154.00 | 123.00 | 133.00 | 132.00 | 134.00 | 109.00 | 101.00 | 130.00 |
| Expenses | 137.00 | 130.00 | 131.00 | 121.00 | 124.00 | 143.00 | 101.00 | 109.00 | 108.00 | 118.00 | 89.00 | 82.00 | 108.00 |
| Operating Profit | 29.00 | 23.00 | 31.00 | 27.00 | 25.00 | 12.00 | 22.00 | 25.00 | 24.00 | 16.00 | 20.00 | 19.00 | 22.00 |
| OPM % | 17.00 | 15.00 | 19.00 | 18.00 | 16.00 | 8.00 | 18.00 | 18.00 | 19.00 | 12.00 | 18.00 | 19.00 | 17.00 |
| Other Income | 1.00 | -34.00 | 1.00 | 0.00 | 1.00 | 13.00 | -1.00 | 4.00 | 0.00 | -36.00 | -7.00 | -7.00 | -55.00 |
| Depreciation | 7.00 | 8.00 | 7.00 | 7.00 | 6.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 |
| Interest | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 6.00 | 6.00 | 8.00 | 8.00 | 6.00 | 7.00 | 8.00 | 9.00 |
| Profit before tax | 16.00 | -24.00 | 19.00 | 15.00 | 14.00 | 11.00 | 8.00 | 14.00 | 9.00 | -33.00 | -1.00 | -3.00 | -48.00 |
| Tax % | 16.00 | -6.00 | 17.00 | 24.00 | 17.00 | 1.00 | -39.00 | 30.00 | 23.00 | -10.00 | 58.00 | 4.00 | 0.00 |
| Net Profit | 14.00 | -23.00 | 16.00 | 11.00 | 12.00 | 11.00 | 12.00 | 9.00 | 7.00 | -30.00 | -2.00 | -3.00 | -48.00 |
| EPS in Rs | 4.07 | -6.79 | 4.96 | 3.52 | 3.75 | 3.54 | 3.71 | 3.00 | 2.58 | -10.84 | -0.80 | -1.25 | -17.47 |
Profit & Loss
Annual Β· 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 | 611.00 | 543.00 | 473.00 | 646.00 | 680.00 | 657.00 | 410.00 | 370.00 | 327.00 | 231.00 | 223.00 | 218.00 |
| Expenses | 506.00 | 460.00 | 397.00 | 534.00 | 561.00 | 521.00 | 362.00 | 327.00 | 288.00 | 200.00 | 193.00 | 189.00 |
| Operating Profit | 105.00 | 83.00 | 76.00 | 112.00 | 119.00 | 136.00 | 48.00 | 43.00 | 39.00 | 31.00 | 30.00 | 29.00 |
| OPM % | 17.00 | 15.00 | 16.00 | 17.00 | 17.00 | 21.00 | 12.00 | 12.00 | 12.00 | 13.00 | 14.00 | 13.00 |
| Other Income | -32.00 | 16.00 | -105.00 | -19.00 | 1.00 | 7.00 | 7.00 | 1.00 | 2.00 | 2.00 | 0.00 | 0.00 |
| Interest | 22.00 | 28.00 | 30.00 | 18.00 | 13.00 | 8.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 |
| Depreciation | 28.00 | 28.00 | 28.00 | 17.00 | 18.00 | 16.00 | 12.00 | 11.00 | 11.00 | 11.00 | 9.00 | 9.00 |
| Profit before tax | 23.00 | 43.00 | -86.00 | 58.00 | 90.00 | 119.00 | 36.00 | 24.00 | 23.00 | 14.00 | 14.00 | 12.00 |
| Tax % | 33.00 | 7.00 | -3.00 | 25.00 | 20.00 | 30.00 | 30.00 | 33.00 | 33.00 | 43.00 | 39.00 | 37.00 |
| Net Profit | 16.00 | 40.00 | -84.00 | 43.00 | 71.00 | 83.00 | 25.00 | 16.00 | 15.00 | 8.00 | 8.00 | 8.00 |
| EPS in Rs | 4.68 | 12.51 | -30.36 | 15.59 | 25.87 | 30.11 | 9.14 | 5.91 | 5.50 | 2.83 | 3.04 | 8.34 |
| Dividend Payout % | 32.00 | 8.00 | -3.00 | 6.00 | 6.00 | 5.00 | 0.00 | 0.00 | 5.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual Β· Rs. Crores β 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 | 17.00 | 16.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 7.00 | 7.00 | 7.00 | 7.00 | 2.00 |
| Reserves | 516.00 | 450.00 | 265.00 | 354.00 | 315.00 | 245.00 | 164.00 | 122.00 | 107.00 | 92.00 | 82.00 | 78.00 |
| Borrowings | 249.00 | 223.00 | 333.00 | 415.00 | 257.00 | 181.00 | 91.00 | 81.00 | 87.00 | 75.00 | 81.00 | 70.00 |
| Other Liabilities | 141.00 | 144.00 | 154.00 | 115.00 | 136.00 | 86.00 | 74.00 | 57.00 | 68.00 | 45.00 | 39.00 | 38.00 |
| Total Liabilities | 923.00 | 833.00 | 765.00 | 898.00 | 721.00 | 526.00 | 343.00 | 267.00 | 268.00 | 219.00 | 209.00 | 189.00 |
| Fixed Assets | 248.00 | 238.00 | 253.00 | 366.00 | 270.00 | 208.00 | 162.00 | 128.00 | 127.00 | 128.00 | 130.00 | 108.00 |
| CWIP | 8.00 | 3.00 | 7.00 | 22.00 | 52.00 | 57.00 | 5.00 | 1.00 | 2.00 | 0.00 | 1.00 | 1.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 667.00 | 591.00 | 506.00 | 510.00 | 399.00 | 260.00 | 170.00 | 137.00 | 140.00 | 91.00 | 78.00 | 79.00 |
| Total Assets | 923.00 | 833.00 | 765.00 | 898.00 | 721.00 | 526.00 | 343.00 | 267.00 | 268.00 | 219.00 | 209.00 | 189.00 |
Cash Flows
Annual Β· Rs. Crores β 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 | 58.00 | 22.00 | 92.00 | -22.00 | 1.00 | 44.00 | 21.00 | 25.00 | 17.00 | 22.00 | 25.00 | 28.00 |
| Cash from Investing Activity | -48.00 | -15.00 | -11.00 | -93.00 | -75.00 | -109.00 | -28.00 | -13.00 | -12.00 | -8.00 | -31.00 | -17.00 |
| Cash from Financing Activity | 24.00 | -6.00 | -97.00 | 131.00 | 62.00 | 75.00 | 3.00 | -13.00 | 2.00 | -13.00 | 5.00 | -11.00 |
| Net Cash Flow | 35.00 | 0.00 | -16.00 | 16.00 | -12.00 | 10.00 | -4.00 | 0.00 | 7.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | 18.00 | 10.00 | 73.00 | -115.00 | -74.00 | -70.00 | -2.00 | 11.00 | 5.00 | 14.00 | -6.00 | 11.00 |
| CFO/OP % | 53.00 | 32.00 | 138.00 | -10.00 | 9.00 | 58.00 | 62.00 | 89.00 | 57.00 | 88.00 | 100.00 | 99.00 |
Ratios
Annual Β· Days / % β 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 | 140.00 | 169.00 | 139.00 | 110.00 | 99.00 | 55.00 | 88.00 | 77.00 | 90.00 | 83.00 | 70.00 | 86.00 |
| Inventory Days | 249.00 | 206.00 | 206.00 | 199.00 | 143.00 | 94.00 | 54.00 | 45.00 | 57.00 | 45.00 | 56.00 | 50.00 |
| Days Payable | 133.00 | 122.00 | 128.00 | 81.00 | 94.00 | 67.00 | 80.00 | 45.00 | 74.00 | 51.00 | 46.00 | 63.00 |
| Cash Conversion Cycle | 256.00 | 254.00 | 217.00 | 228.00 | 148.00 | 82.00 | 62.00 | 77.00 | 73.00 | 78.00 | 80.00 | 73.00 |
| Working Capital Days | 119.00 | 140.00 | 0.00 | 27.00 | 40.00 | 34.00 | 24.00 | 12.00 | 0.00 | -4.00 | -17.00 | -11.00 |
| ROCE % | 11.00 | 11.00 | 8.00 | 14.00 | 20.00 | 36.00 | 18.00 | 16.00 | 16.00 | 13.00 | 13.00 | 16.00 |
Corporate Actions
10 records| Action | Ex Date | Record Date | Ratio | Amount (βΉ) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Sep 2025 | 19 Sep 2025 | β | 1.00 | |
| Dividend | 23 Sep 2024 | β | β | 1.00 | |
| Dividend | 22 Sep 2023 | β | β | 1.00 | |
| Dividend | 22 Sep 2022 | β | β | 1.50 | |
| Split | 28 Sep 2021 | 29 Sep 2021 | 10:5 | β | |
| Dividend | 28 Sep 2021 | 29 Sep 2021 | β | 0.50 | |
| Dividend | 01 Dec 2020 | 02 Dec 2020 | β | 0.50 | |
| Dividend | 01 Dec 2020 | 02 Dec 2020 | β | 1.25 | |
| Bonus | 09 Apr 2019 | 10 Apr 2019 | 1:1 | β | |
| Dividend | 19 Sep 2018 | β | β | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results β Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update6 Aug from fitch
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Rating update15 May 2025 from fitch
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Rating update28 Feb 2024 from crisil
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Rating update28 Aug 2023 from crisil
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Rating update7 Jul 2023 from crisil
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Rating update18 Nov 2022 from fitch