MarketFriction

Orchid Pharma Ltd

NSE ORCHPHARMA · BSE 524372 · Pharmaceuticals
₹990.00 -0.70%
NSE close2026-10-01
52 week range480.00 - 1,143.50
Market cap₹6,078 Cr.
P/E337
Price band 20% Delivery 39.8%

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
Sales198.76220.59217.10244.41222.70217.34237.48263.19193.52207.27368.33304.17
Expenses175.46185.21188.19211.92192.36190.97209.49268.84194.99205.71338.17290.17
Operating Profit23.3035.3828.9132.4930.3426.3727.99-5.65-1.471.5630.1614.00
OPM %11.72%16.04%13.32%13.29%13.62%12.13%11.79%-2.15%-0.76%0.75%8.19%4.60%
Other Income8.367.6213.367.577.528.493.9011.5710.77-1.507.551.83
Interest3.803.543.473.503.333.803.922.283.733.181.962.23
Depreciation7.849.278.428.448.638.618.8710.538.909.0310.9010.95
Profit before tax20.0230.1930.3828.1225.9022.4519.10-6.89-3.33-12.1524.852.65
Tax %0.00%0.00%-10.27%-0.53%0.00%0.00%-0.21%0.00%0.00%0.00%0.00%2.64%
Net Profit19.8029.4332.9629.3527.2420.7822.29-5.69-5.72-12.6125.843.22
EPS in Rs3.905.806.505.795.374.104.39-1.12-1.13-2.495.090.63
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8737976836004844505606668191,3981,2331,073
Expenses7037946596125154215055817081,2471,1851,029
Operating Profit171324-12-312955841111514844
OPM %20%0.4%3.6%-2.0%-6%7%10%13%14%11%3.9%4.1%
Other Income-28-59202182415675231261519
Interest294347310765233331713911
Depreciation145141133130118109875533424340
Profit before tax-296-544-39969-131-117248921221012
Tax %-6%-9%-12%0%0%0%0%0%-3%-8%-2%
Net Profit-279-495-35369-131-117-246921351011
EPS in Rs-31.37-55.69-39.657.80-32.11-28.55-0.4811.3518.1726.631.962.10
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%22%23%14%
Compounded Profit Growth8%17%53%-72%
Stock Price CAGR39%19%24%43%
Return on Equity%5%7%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital858989898941414141511515
Reserves244-40-556-881-7937256126076481,1191,4941,504
Borrowings3,2113,2153,1063,2023,230566453268331135154307
Other Liabilities521598616715551128132195205249414432
Total Liabilities4,0613,8623,2563,1253,0771,4601,2371,1111,2251,5542,0772,258
Fixed Assets1,7951,6371,4971,3861,256858670584573620708692
CWIP28228028827227826710463181414
Investments111100154544466067
Other Assets1,9841,9441,4701,4671,5425765444725618571,2291,086
Total Assets4,0613,8623,2563,1253,0771,4601,2371,1111,2251,5542,0772,258
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-3692124019128124921812651126
Cash from Investing Activity1,334-1-176-284516767113-31-312-36-277
Cash from Financing Activity-597-286-46533-0-250-165-217311672137
Net Cash Flow367-76-2401557-2-74-1118-1917-14
Free Cash Flow965211392357723238-861-102-255
CFO/OP-102%124%13,628%67%-138%-226%63%173%22%113%44%259%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days54130756473511101111188792113
Inventory Days118220196202214254244201217199187161
Days Payable146341402374381182176195165173137150
Cash Conversion Cycle269-130-108-94123179117170113142124
Working Capital Days-49-168-500-876-1,1581663029754118101105
ROCE %1%1%-4%-4%-5%-6%-5%-2%5%9%9%2%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters72.40%69.84%69.84%69.84%69.84%69.84%69.84%69.84%69.84%69.84%69.84%69.84%
FIIs8.08%4.14%1.96%1.42%1.94%2.53%2.69%1.39%1.56%1.17%0.87%0.80%
DIIs12.46%14.51%17.73%18.93%18.30%19.00%20.10%19.43%19.04%19.38%20.24%20.75%
Public7.05%11.52%10.47%9.82%9.94%8.63%7.37%9.34%9.57%9.61%9.04%8.62%
No. of Shareholders29,19736,93136,72034,69536,36334,15834,30339,82738,15535,70935,11833,433

Fundamentals

Market Cap₹ 6,078 Cr.
Current Price₹ 1,015
Stock P/E337
Book Value₹ 300
ROCE1.86 %
ROE1.49 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)-72%
Consolidated figures.
Valuation
Market capRs 5,929 Cr
Enterprise valueRs 6,152 Cr
P/E (TTM)552.53x
Price to book3.90x
Price to sales5.52x
EV / EBITDA97.80x
EV / EBIT266.08x
EV / sales5.73x
Price to cash flow47.19x
Earnings yield0.18%
P/E, 3-year average46.80x
P/B, 3-year average1.93x
P/E, 5-year average43.54x
P/B, 5-year average1.97x
Profitability
Operating margin (excl. other income)3.87%
Operating margin (incl. other income)5.11%
EBITDA margin5.86%
Pre-tax margin1.12%
Net profit margin1.00%
Net margin, latest quarter1.06%
ROE0.66%
ROCE1.13%
ROA0.46%
ROE, 3-year average6.89%
ROCE, 3-year average6.52%
ROA, 3-year average4.84%
ROE, 5-year average5.46%
ROCE, 5-year average6.29%
ROA, 5-year average3.67%
ROIC (approx.)1.35%
Tax rate-1.82%
Other income / net worth1.01%
Growth
Sales growth (latest year)-11.79%
Profit growth (latest year)-92.63%
Sales CAGR, 3 years22.79%
Sales CAGR, 5 years22.33%
Profit CAGR, 3 years-40.09%
Sales growth QoQ-17.42%
Profit growth QoQ-87.54%
Sales growth YoY (latest quarter)15.57%
Per share
EPS (TTM)Rs 1.79
EPS (latest year)Rs 6.51
EPS (latest quarter)Rs 0.54
EPS, 3-year averageRs 37.66
EPS, 5-year averageRs 24.77
Book value per shareRs 253.77
Sales per shareRs 179.22
Cash flow per shareRs 20.98
Free cash flow per shareRs -42.58
Efficiency
Asset turnover0.55x
Fixed asset turnover1.78x
Inventory turnover2.64x
Inventory days138 days
Debtor days113 days
Debtors turnover3.23x
Creditor days150 days
Cash conversion cycle124 days
Working capital days105 days
Leverage
Total debtRs 307 Cr
Cash and bankRs 84 Cr
Net debtRs 223 Cr
Debt to equity0.20x
Net debt / EBITDA3.55x
Interest coverage2.08x
Current ratio (filing 2026-03-31)1.89x
Quick ratio (filing 2026-03-31)1.13x
Trade payables (filing 2026-03-31)Rs 347 Cr
Owners' fund to total sources67.29%
Debt to assets13.57%
Cash flow
Cash from Operating Activity (latest year)Rs 126 Cr
Cash from Investing Activity (latest year)Rs -277 Cr
Cash from Financing Activity (latest year)Rs 137 Cr
Net Cash Flow (latest year)Rs -14 Cr
Free cash flow (latest year)Rs -255 Cr
FCFE (approx.: FCF + change in debt)Rs -102 Cr
Cash from ops / profit, 5 years1.47x
Sales to cash flow9.81x
Statement figures
Net sales (TTM)Rs 1,073 Cr
Net sales (latest year)Rs 1,233 Cr
Sales (latest quarter)Rs 304 Cr
Operating profit excl. other income (latest year)Rs 48 Cr
Operating profit (latest quarter)Rs 14 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 63 Cr
PBDT (TTM)Rs 52 Cr
Profit before tax (TTM)Rs 12 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 10 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 40 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 11 Cr
Cost of goods sold (latest year)Rs 982 Cr
Total expenditure (latest year)Rs 1,185 Cr
Total income (latest year)Rs 1,248 Cr
Share capitalRs 15 Cr
ReservesRs 1,504 Cr
Shareholders' fundsRs 1,520 Cr
Total assetsRs 2,258 Cr
Net blockRs 692 Cr
Capital work in progressRs 414 Cr
InvestmentsRs 67 Cr
ReceivablesRs 381 Cr
InventoryRs 372 Cr
Other liabilitiesRs 432 Cr
Shares outstanding (crore)5.99
Ownership
Promoter holding69.84% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 3.90 is at the 56th percentile (median 3.77).
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.
PeriodORCHPHARMANifty 50Difference
1 week-9.7%-2.8% -6.9 pts
1 month+4.4%-6.8% +11.2 pts
3 months+3.5%-7.6% +11.1 pts
6 months+105.2%+0.4% +104.8 pts
1 year+34.2%-9.9% +44.1 pts
2 years-29.3%-13.6% -15.7 pts
3 years+86.2%+14.2% +72.0 pts
5 years+131.4%+27.9% +103.6 pts
28 mutual fund schemes hold about ₹982 Cr. Over three months 2 bought more and 19 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Small Cap Fund0.95%337 -11%
UTI Value Fund1.22%117 -13%
Invesco India Contra Fund0.47%96 -7%
Kotak Multi Asset Allocation Fund0.60%92 -10%
UTI Small Cap Fund0.91%48 +66%
Kotak Special Opportunities Fund2.73%46 -8%
Invesco India Smallcap Fund0.28%44 -18%
Bandhan Small Cap Fund0.13%43 -20%
Kotak Consumption Fund1.60%28 -5%
Kotak MNC Fund1.09%25 -9%
Kotak Multi Cap Fund0.08%25 -12%
Tata India Innovation Fund1.04%14 -1%
PGIM India Small Cap Fund0.76%14 -11%
Kotak Healthcare Fund1.64%11 -8%
UTI Healthcare Fund0.68%10 -13%
Bandhan Multi Cap Fund0.32%10 -37%
Bandhan Multi Asset Allocation Fund0.16%6 -57%
UTI Conservative Hybrid Fund(M0.30%5 -18%
WOC Pharma and Healthcare Fund0.41%4 +34%
Bandhan Healthcare Fund1.08%4 -37%
Kotak Balanced Advantage Fund0.01%2 -3%
Invesco India Equity Savings Fund0.37%1 +1%
Invesco India Equity Savings Fund0.37%1 +1%
PGIM India Healthcare Fund0.80%1 -20%
Bandhan Balanced Advantage Fund0.01%0 -3%

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 99% while net profit fell in 2026
lookProfit leans on other income Other income was 147% of pre-tax profit in 2026
lookRegulator order or action Regulator order or action 2026-06-11: Orchid Pharma Limited has informed the Exchange about Action(s) taken or orders passed
lookAuditor change Auditor change 2026-05-25: Orchid Pharma Limited has informed the Exchange regarding Change in Auditors of the company.
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 ₹304 Cr +15.6% vs Jun 2025. Net profit ₹3 Cr +156.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2023-08-02Annual General Meeting
2022-12-22Extra Ordinary General Meeting
2022-07-06Annual General Meeting
2021-08-04 Annual General Meeting
2021-06-18 Extra Ordinary General Meeting
2020-12-21 Annual General Meeting
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of the 33rd Annual General Meeting held on September 29, 2026
2026-09-23UpdatesTrading Approval of Equity Shares issued and allotted under Scheme of Amalgamation.
2026-09-22UpdatesIntimation under Regulation 30 of SEBI ( Listing obligation and Disclosure Requirement) Regulations, 2015.
2026-09-21UpdatesInvestor Roadshow Scheduled to be held in Mumbai.
2026-09-08UpdatesBusiness Responsibility and Sustainability Report for FY 2025-26.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-03Change in ManagementAppointment of cost auditor and change in designation of a Director.
2026-09-03Board meeting outcomeOutcome of Board Meeting held on September 03, 2026.
2026-08-24Concall / analyst meetTranscript
2026-08-21Concall / analyst meetLink of Recording
2026-08-20Concall / analyst meetPresentation
2026-08-17Concall / analyst meetSchedule of meet
2026-08-14Monitoring Agency ReportMonitoring Agency Report for the Ouarter-I of Financial Year 2026-27, ended on June 30, 2026- Orchid Pharma Limited ("the Company")
2026-08-14Board meeting outcomeOrchid Pharma Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-08-14Board meeting outcomeOrchid Pharma Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-01AllotmentAllotment of 44586052 securities pursuant to Scheme of Arrangement/Amalgamation at its meeting held on August 01, 2026
2026-08-01Board meeting outcomeOutcome of Board Meeting held on August 01, 2026.
2026-07-25UpdatesIntimation regarding investor roadshow .
2026-07-10Record DateRecord date for the purpose of Merger/HiveOff is 23-Jul-2026.
2026-07-10Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-07-10Board meeting outcomeOutcome of the Board Meeting: Noting the effect of Scheme of Amalgamation
2026-07-10UpdatesUpdate related to the Scheme of Amalgamation of Dhanuka Laboratories Limited ("Amalgamating Company") with Orchid Pharma Limited ("Amalgamated Company...
2026-07-07Press ReleaseA press release dated 0 ,
2026-06-12General UpdatesGeneral Updates
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.
Order dateForumCase
2020-11-12NCLTThe Resolution Professional (Orchid Pharma Ltd) Vs Kailasam Raghavendra Rao
2020-11-12NCLT(Orchid Pharma Ltd) Vs Kalilasam Raghavendra Rao & 3 Others
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03