MarketFriction

Shukra Pharmaceuticals Ltd

NSE SHUKRAPHAR · BSE 524632 · Pharmaceuticals
₹61.80 -0.47%
NSE close2026-10-01
52 week range40.06 - 63.36
Market cap₹2,659 Cr.
P/E73.8
Price band 20% Delivery 21.3%

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

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2519113611135639624
Expenses20962576461262
Operating Profit510411471-027121
OPM %21%51%41%25%12%37%55%24%-7%69%11%90%
Other Income011111112111
Interest000000000000
Depreciation111111111111
Profit before tax510511481027020
Tax %-0%1%24%41%39%23%29%26%-1,090%24%568%26%
Net Profit59401351220-215
EPS in Rs0.110.220.090.010.010.070.120.020.050.46-0.040.34
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales55561211205975335775
Expenses44441010185355202826
Operating Profit1122213519132949
OPM %24%28%30%29%13%13%14%9%26%39%51%65%
Other Income-000000013454
Interest000000000111
Depreciation001111222334
Profit before tax0111001420132948
Tax %66%52%45%37%82%-90%26%1%7%28%23%
Net Profit0010001419102236
EPS in Rs0.000.010.010.010.000.000.020.100.420.220.500.81
Dividend Payout %0%16%15%17%0%0%10%4%6%5%2%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth28%38%-1%115%
Compounded Profit Growth53%175%71%256%
Stock Price CAGR72%175%149%72%
Return on Equity20%26%28%29%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222222224114444
Reserves121313131414141521471946
Borrowings1004681035345
Other Liabilities3346710101545172023
Total Liabilities1817192428343635757887117
Fixed Assets101010141617181820201922
CWIP2222222222212
Investments000000000000
Other Assets76781114161653566584
Total Assets1817192428343635757887117
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-23-0101183-583
Cash from Investing Activity1-0-1-5-2-3-2-2-4-1-1-14
Cash from Financing Activity1-103222-7512-55
Net Cash Flow01-1-00-00-0462-6
Free Cash Flow-12-1-4-2-2-16-1-75-13
CFO/OP812%237%7%63%25%81%38%292%64%-24%92%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days737117520034524531813218712098148
Inventory Days55492112531001692211392519447320
Days Payable2911084007341,16178670230327159414232
Cash Conversion Cycle33554-112-480-717-372-163-32-5880131236
Working Capital Days7582583443794402262785741157403352
ROCE %-1%6%7%6%4%0%1%6%19%44%22%37%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Aug 2026
Promoters50.95%50.95%50.95%50.95%50.95%50.95%50.95%50.95%50.95%50.95%50.95%51.16%
DIIs0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%0.11%
Public48.93%48.93%48.93%48.93%48.93%48.93%48.93%48.93%48.93%48.92%48.93%48.74%
No. of Shareholders10,96312,97414,98916,32117,84418,23120,33721,44125,64927,17328,38428,384

Fundamentals

Market Cap₹ 2,659 Cr.
Current Price₹ 60.3
Stock P/E73.8
Book Value₹ 2.05
ROCE37.0 %
ROE28.9 %
Dividend Yield0.02 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)115%
Compounded Profit Growth (TTM)256%
Standalone figures.
Valuation
Market capRs 2,706 Cr
Enterprise valueRs 2,705 Cr
P/E (TTM)75.09x
Price to book30.12x
Price to sales36.16x
EV / EBITDA51.39x
EV / EBIT55.31x
EV / sales36.15x
Price to cash flow859.08x
Earnings yield1.33%
Dividend yield0.02%
P/E, 3-year average53.54x
P/B, 3-year average10.06x
P/E, 5-year average32.19x
P/B, 5-year average6.04x
Profitability
Operating margin (excl. other income)50.77%
Operating margin (incl. other income)58.84%
EBITDA margin70.35%
Pre-tax margin63.68%
Net profit margin48.16%
Net margin, latest quarter63.90%
ROE28.88%
ROCE36.98%
ROA21.60%
ROE, 3-year average29.83%
ROCE, 3-year average34.34%
ROA, 3-year average19.17%
ROE, 5-year average23.08%
ROCE, 5-year average25.53%
ROA, 5-year average13.53%
ROIC (approx.)42.15%
Tax rate23.35%
Other income / net worth5.10%
Growth
Sales growth (latest year)74.01%
Profit growth (latest year)130.17%
Sales CAGR, 3 years-1.22%
Sales CAGR, 5 years38.37%
Profit CAGR, 3 years71.00%
Profit CAGR, 5 years158.78%
Sales growth QoQ273.33%
Sales growth YoY (latest quarter)336.36%
Profit growth YoY (latest quarter)1359.22%
Per share
EPS (TTM)Rs 0.82
EPS (latest year)Rs 0.50
EPS (latest quarter)Rs 0.34
EPS, 3-year averageRs 5.87
EPS, 5-year averageRs 5.29
Book value per shareRs 2.05
Sales per shareRs 1.71
Cash flow per shareRs 0.07
Free cash flow per shareRs -0.30
Dividend per share (latest year)Rs 0.01
Dividend per share, 3-year averageRs 0.34
Dividend per share, 5-year averageRs 0.34
Dividends
Dividend payout2.00%
Dividend payout, 3-year average4.17%
Dividend payout, 5-year average5.54%
Efficiency
Asset turnover0.48x
Fixed asset turnover2.61x
Inventory turnover1.15x
Inventory days316 days
Debtor days148 days
Debtors turnover2.47x
Creditor days232 days
Cash conversion cycle236 days
Working capital days352 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 6 Cr
Net debtRs -1 Cr
Debt to equity0.06x
Net debt / EBITDA-0.02x
Interest coverage38.82x
Owners' fund to total sources76.51%
Debt to assets4.28%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -14 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs -13 Cr
FCFE (approx.: FCF + change in debt)Rs -12 Cr
Cash from ops / profit, 5 years0.30x
Sales to cash flow18.00x
Statement figures
Net sales (TTM)Rs 75 Cr
Net sales (latest year)Rs 57 Cr
Sales (latest quarter)Rs 24 Cr
Operating profit excl. other income (latest year)Rs 29 Cr
Operating profit (latest quarter)Rs 21 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 53 Cr
PBDT (TTM)Rs 51 Cr
Profit before tax (TTM)Rs 48 Cr
Tax (latest year)Rs 7 Cr
Net profit (TTM)Rs 36 Cr
Net profit (latest year)Rs 22 Cr
Net profit (latest quarter)Rs 15 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 16 Cr
Total expenditure (latest year)Rs 28 Cr
Total income (latest year)Rs 61 Cr
Share capitalRs 44 Cr
ReservesRs 46 Cr
Shareholders' fundsRs 90 Cr
Total assetsRs 117 Cr
Net blockRs 22 Cr
Capital work in progressRs 12 Cr
InvestmentsRs 0 Cr
ReceivablesRs 23 Cr
InventoryRs 14 Cr
Other liabilitiesRs 23 Cr
Shares outstanding (crore)43.79
Ownership
Promoter holding51.16% (+0.21 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 75.1 is at the 69th percentile of its own 9.2-year range (median 53.0, low 11.6, high 328.4).
P/B 30.12 is at the 96th percentile (median 1.47).
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.
PeriodSHUKRAPHARNifty 50Difference
1 week+10.8%-2.8% +13.6 pts
1 month+39.1%-6.8% +45.9 pts
3 years+1488.7%+14.2% +1474.5 pts
5 years+16163.2%+27.9% +16135.3 pts

Red flags

F-score 7 of 8
explainWeak cash conversion Cash from operations was 12% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 16% of total assets in 2026
explainReceivables outrunning sales Receivables grew 162% vs sales +74% 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 ₹24 Cr +380.0% vs Jun 2025. Net profit ₹15 Cr +1400.0%.
Against our estimate for Jun 2026: sales +200.0%, profit +603.1% beat. Our estimate for Sep 2026: sales Rs 10 Cr, profit Rs 4 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-21Dividend - Re 0.01 Per Share
DateTypeWhat it says
2026-09-29Shareholder meetingVoting results.
2026-09-28Board meeting outcomeOutcome of Board Meeting held on September 28, 2026.
2026-09-18Record DateRecord date for the purpose of Dividend is 21-Sep-2026.
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-09-03General UpdatesGeneral Updates
2026-09-03General UpdatesGeneral Updates
2026-09-02Board meeting outcomeOutcome of Board Meeting held on September 02, 2026.
2026-08-27Shareholder meetingNotice of Postal Ballot
2026-08-22Board meeting outcomeOutcome of Board Meeting held on August 22, 2026.
2026-08-17General UpdatesGeneral Updates
2026-08-14General UpdatesGeneral Updates
2026-08-14General UpdatesGeneral Updates
2026-08-14General UpdatesGeneral Updates
2026-08-14General 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.
Close to Close price movement greater than 25perc in previous 1 month

Quick answers

What is the market cap of Shukra Pharmaceuticals Ltd?

Shukra Pharmaceuticals Ltd (SHUKRAPHAR) has a market capitalisation of Rs 2,659 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shukra Pharmaceuticals Ltd?

Shukra Pharmaceuticals Ltd trades at a P/E of 73.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shukra Pharmaceuticals Ltd's latest quarterly results?

In the Jun 2026 quarter, Shukra Pharmaceuticals Ltd sales was Rs 24 Cr (+380.0% vs Jun 2025) and net profit was Rs 15 Cr.

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

The 52-week high is Rs 63.36 and the 52-week low is Rs 40.06.

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