MarketFriction

Alembic Ltd

NSE ALEMBICLTD · BSE 506235 · Residential, Commercial Projects
₹104.11 -2.91%
NSE close2026-10-01
52 week range70.46 - 117.72
Market cap₹2,787 Cr.
P/E8.69
Price band 20% Delivery 41.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales323949515358605056746049
Expenses222825303332333033474033
Operating Profit101224202026272023272015
OPM %31%30%49%40%37%46%45%39%42%37%34%32%
Other Income482226643465226
Interest000011111111
Depreciation231233333333
Profit before tax561124198227272085261817
Tax %8%9%12%10%6%5%12%10%10%13%48%9%
Net Profit91617256121656862128606765
EPS in Rs3.532.392.812.174.712.552.672.405.002.342.612.53
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales134147125124747478127157222240239
Expenses12814011410671626487101128150153
Operating Profit671118311144057949086
OPM %4.6%4.6%9%15%4.4%15%18%32%36%42%38%36%
Other Income252537299310895455757375
Interest000000001222
Depreciation654334578111213
Profit before tax2527444593179887103156149146
Tax %2%-3%5%8%0%19%12%7%10%7%15%
Net Profit235145163213329343222191269311317321
EPS in Rs8.785.456.108.3012.8213.358.657.4210.4612.1012.3612.48
Dividend Payout %2%4%3%2%5%2%21%30%23%20%19%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%27%24%8%
Compounded Profit Growth3%-2%16%1%
Stock Price CAGR13%-1%11%8%
Return on Equity14%11%13%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital535353535151515151515151
Reserves4747508581,0321,1571,3672,2462,4452,0272,1342,2872,394
Borrowings-09-0-0-0-00-0-091411
Other Liabilities916481735753112135127134150134
Total Liabilities6198759921,1591,2661,4712,4092,6322,2052,3292,5032,590
Fixed Assets169146171179209225265297321369409472
CWIP2-00-0-036001-02
Investments2996057329131,0011,1332,0472,2081,7541,7861,9001,974
Other Assets14912489675511091127130173194142
Total Assets6198759921,1591,2661,4712,4092,6322,2052,3292,5032,590
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity22105224227-2-18392386120
Cash from Investing Activity5-5-47-226857-3519726-27-54
Cash from Financing Activity-25-5-5-3-89-6-15-6-46-48-58-68
Net Cash Flow2-0-0-1157-52-5-001-1
Free Cash Flow22113814-1-15-49-5114-333643
CFO/OP222%172%771%245%145%246%0%-63%112%39%109%154%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1227654744044697167464949
Inventory Days8806594382472894112,1122,8853,6941,161
Days Payable2001441281252021516936401,237530
Cash Conversion Cycle8015913641951263051,4882,316672,50249679
Working Capital Days23517239201322972231187757-6
ROCE %4%4%4%4%7%1%4%4%5%7%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.88%70.88%70.88%70.88%70.88%70.88%70.88%70.88%70.88%70.88%70.88%70.88%
FIIs0.85%0.89%1.07%1.42%1.97%1.78%1.65%1.50%1.38%1.29%1.25%1.25%
DIIs3.40%0.04%0.04%0.04%0.08%0.06%0.05%0.05%0.05%0.05%0.05%0.06%
Public24.87%28.17%28.02%27.66%27.07%27.27%27.41%27.57%27.68%27.78%27.81%27.82%
No. of Shareholders82,94794,01299,13098,4781,02,2491,07,4231,06,7321,07,5101,06,4701,04,1031,02,0081,01,238

Fundamentals

Market Cap₹ 2,787 Cr.
Current Price₹ 108
Stock P/E8.69
Book Value₹ 95.2
ROCE6.07 %
ROE13.0 %
Dividend Yield2.21 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)1%
Consolidated figures.
Valuation
Market capRs 2,673 Cr
Enterprise valueRs 2,681 Cr
P/E (TTM)8.34x
Price to book1.09x
Price to sales11.19x
EV / EBITDA16.58x
EV / EBIT18.04x
EV / sales11.22x
Price to cash flow22.27x
Earnings yield11.99%
Dividend yield2.31%
P/E, 3-year average7.29x
P/B, 3-year average0.94x
P/E, 5-year average7.64x
P/B, 5-year average0.86x
Profitability
Operating margin (excl. other income)37.69%
Operating margin (incl. other income)68.10%
EBITDA margin67.65%
Pre-tax margin61.23%
Net profit margin134.17%
Net margin, latest quarter133.13%
ROE13.27%
ROCE6.28%
ROA12.46%
ROE, 3-year average13.20%
ROCE, 3-year average6.03%
ROA, 3-year average12.39%
ROE, 5-year average11.44%
ROCE, 5-year average5.20%
ROA, 5-year average10.77%
ROIC (approx.)5.13%
Tax rate15.35%
Other income / net worth2.98%
Growth
Sales growth (latest year)8.16%
Profit growth (latest year)2.16%
Sales CAGR, 3 years23.55%
Sales CAGR, 5 years26.69%
Profit CAGR, 3 years18.52%
Profit CAGR, 5 years-1.53%
Sales growth QoQ-18.82%
Profit growth QoQ-3.34%
Sales growth YoY (latest quarter)-2.03%
Profit growth YoY (latest quarter)5.27%
Per share
EPS (TTM)Rs 12.49
EPS (latest year)Rs 12.36
EPS (latest quarter)Rs 2.53
EPS, 3-year averageRs 11.64
EPS, 5-year averageRs 10.20
Book value per shareRs 95.22
Sales per shareRs 9.31
Cash flow per shareRs 4.68
Free cash flow per shareRs 1.67
Dividend per share (latest year)Rs 2.40
Dividend per share, 3-year averageRs 2.40
Dividend per share, 5-year averageRs 2.24
Dividends
Dividend payout19.42%
Dividend payout, 3-year average20.73%
Dividend payout, 5-year average22.53%
Efficiency
Asset turnover0.09x
Fixed asset turnover0.51x
Inventory turnover1.72x
Inventory days212 days
Debtor days49 days
Debtors turnover7.52x
Creditor days530 days
Cash conversion cycle679 days
Working capital days-6 days
Leverage
Total debtRs 11 Cr
Cash and bankRs 3 Cr
Net debtRs 7 Cr
Debt to equity0.00x
Net debt / EBITDA0.05x
Interest coverage65.18x
Current ratio (filing 2026-03-31)1.95x
Quick ratio (filing 2026-03-31)1.43x
Trade payables (filing 2026-03-31)Rs 24 Cr
Owners' fund to total sources94.42%
Debt to assets0.41%
Cash flow
Cash from Operating Activity (latest year)Rs 120 Cr
Cash from Investing Activity (latest year)Rs -54 Cr
Cash from Financing Activity (latest year)Rs -68 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 43 Cr
FCFE (approx.: FCF + change in debt)Rs 39 Cr
Cash from ops / profit, 5 years0.19x
Sales to cash flow2.00x
Statement figures
Net sales (TTM)Rs 239 Cr
Net sales (latest year)Rs 240 Cr
Sales (latest quarter)Rs 49 Cr
Operating profit excl. other income (latest year)Rs 90 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 75 Cr
EBITDA (TTM)Rs 162 Cr
PBDT (TTM)Rs 159 Cr
Profit before tax (TTM)Rs 146 Cr
Tax (latest year)Rs 23 Cr
Net profit (TTM)Rs 321 Cr
Net profit (latest year)Rs 317 Cr
Net profit (latest quarter)Rs 65 Cr
Depreciation (TTM)Rs 13 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 90 Cr
Total expenditure (latest year)Rs 150 Cr
Total income (latest year)Rs 313 Cr
Share capitalRs 51 Cr
ReservesRs 2,394 Cr
Shareholders' fundsRs 2,445 Cr
Total assetsRs 2,590 Cr
Net blockRs 472 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 1,974 Cr
ReceivablesRs 32 Cr
InventoryRs 52 Cr
Other liabilitiesRs 134 Cr
Shares outstanding (crore)25.68
Ownership
Promoter holding70.88% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.3 is at the 66th percentile of its own 9.4-year range (median 7.8, low 4.2, high 15.1).
P/B 1.09 is at the 43th percentile (median 1.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodALEMBICLTDNifty 50Difference
1 week-2.9%-2.8% -0.1 pts
1 month+5.3%-6.8% +12.1 pts
3 months+12.1%-7.6% +19.7 pts
6 months+46.8%+0.4% +46.4 pts
1 year+1.0%-9.9% +10.9 pts
2 years-27.5%-13.6% -13.9 pts
3 years+32.0%+14.2% +17.8 pts
5 years-9.7%+27.9% -37.6 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 26% of net profit over the last 3 years
lookProfit leans on other income Other income was 49% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹49 Cr -2.0% vs Jun 2025. Net profit ₹65 Cr +4.8%.
Against our estimate for Jun 2026: sales -13.9%, profit -3.0% in line. Our estimate for Sep 2026: sales Rs 55 Cr, profit Rs 68 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
DLF Ltd161,63837.66.32 %
Lodha Developers Ltd110,59226.816.4 %
Phoenix Mills Ltd68,99653.212.4 %
Oberoi Realty Ltd64,09924.217.3 %
Prestige Estates Projects Ltd61,05653.610.4 %
Godrej Properties Ltd49,23230.47.63 %
Anant Raj Ltd21,67537.512.1 %
Brigade Enterprises Ltd18,37027.010.5 %
Horizon Industrial Parks Ltd14,7093.18 %
Sobha Ltd13,00856.46.86 %
Aditya Birla Real Estate Ltd12,963-4.48 %
SignatureGlobal India Ltd10,6142.38 %
Sri Lotus Developers & Realty Ltd10,46640.721.2 %
Max Estates Ltd9,3121,5861.40 %
Embassy Developments Ltd7,833-2.44 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-04Dividend - Rs 2.40 Per Share
2025-08-05Dividend - Rs 2.40 Per Share
2024-08-05Dividend - Rs 2.4 Per Share
2023-08-03Dividend - Rs 2.20 Per Share
2022-09-12Dividend - Rs 1.80 Per Share
2021-07-29 Annual General Meeting/Dividend - Rs 0.20 Per Share
2020-07-29 Annual General Meeting/Dividend - Rs 0.60 Per Share
2019-09-18 Annual General Meeting/Dividend - Rs 0.20 Per Share
2019-08-26 Demerger
2018-07-27 Annual General Meeting/Dividend- Re 0.20 Per Share
2018-03-22 Buyback
2017-07-19 Annual General Meeting/Dividend - Re 0.20 Per Share
2016-08-01 Annual General Meeting/ Dividend - Re 0.15/- Per Share
2015-08-03Annual General Meeting/ Dividend - Re 0.15/- Per Share
2014-08-04Annual General Meeting/Dividend Re 0.15/- Per Share
2013-09-27Bonus 1:10.5000
2013-08-26Annual General Meeting And Dividend Re.0.20 Per Share (Bc Dates Revised)
2012-08-02Annual General Meeting
2011-08-16Annual General Meeting (Bc Dates Revised)
2011-04-11Scheme Of Arrangement
2010-07-21Dividend Rs 0.50 Per Share
2009-07-17Dividend-Rs.0.40 Pr Share
2008-07-17Dividend - 75%
2007-08-13Dividend-50%
2006-09-26Fv Split Rs.10/- To Rs.2/0.2000
2006-08-16Dividend-50%
DateTypeWhat it says
2026-08-11Shareholder meetingVoting results.
2026-08-11Shareholder meetingProceedings of Annual General Meeting held on August 11, 2026
2026-08-11Board meeting outcomeAlembic Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-13General UpdatesGeneral Updates
2026-07-10Record DateRecord date for the purpose of Dividend is 04-Aug-2026.
2026-07-10Shareholder meetingNotice of Annual General Meeting to be held on August 11, 2026
2026-06-05General UpdatesGeneral Updates
2026-05-20General UpdatesGeneral Updates
2026-05-19DividendBoard of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 2.40 per equity share.
2026-05-19Board meeting outcomeAlembic Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-18Disclosure under SEBI TakeovChirayu Amin has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu...
2026-02-12Board meeting outcomeAlembic Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-01UpdatesUpdated Contact Details of Key Managerial Personnel to determine materiality of an event or information and to make necessary disclosures to the stock...
2025-11-10Board meeting outcomeAlembic Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Alembic Ltd?

Alembic Ltd (ALEMBICLTD) has a market capitalisation of Rs 2,787 Cr. at the 2026-10-01 close.

What is the P/E ratio of Alembic Ltd?

Alembic Ltd trades at a P/E of 8.69 on trailing twelve-month profit, at the 2026-10-01 close.

What were Alembic Ltd's latest quarterly results?

In the Jun 2026 quarter, Alembic Ltd sales was Rs 49 Cr (-2.0% vs Jun 2025) and net profit was Rs 65 Cr.

What is the 52-week high and low of Alembic Ltd?

The 52-week high is Rs 117.72 and the 52-week low is Rs 70.46.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03