ALEMBIC PHARMACEUTICALS LIMITED

ALEMBIC PHARMACEUTICALS LIMITED

APLLTDNSE / BSEHealthcareSmall Cap

₹797.80+₹2.65 (+0.3%)

Last close · Data as of Oct 30, 2026

Market cap
₹15,765 Cr
P/E
35.5x
EV / EBITDA
15.2x
Revenue
₹6,033 Cr
Net margin
11.3%
ROCE
18.5%

-11.4% over the last year

ALEMBIC PHARMACEUTICALS LIMITED price, 1Y

Daily closes.

Go deeper

Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools

Open technical chart
Open technical chartCandles, 9 moving averages, RSI, MACD, drawing tools

Performance

Price change over each period, before dividends.

1M
-3.4%
3M
-0.5%
6M
+5.7%
1Y
-11.4%
5Y
+2.6%

52-week range

Day change +₹2.65 (+0.3%) from ₹795 to ₹798 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in APLLTD, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Maintains healthy dividend payout of 32.0%

Concerns1

  • Negative free cash flow (₹409 Cr)

Rule-based from financial data. Not advice.

About the company

Alembic Pharmaceuticals Limited, an integrated pharmaceutical company, develops, manufactures, markets, and sells pharmaceutical products in India and internationally.

Read moreShow less

Alembic Pharmaceuticals Limited, an integrated pharmaceutical company, develops, manufactures, markets, and sells pharmaceutical products in India and internationally. The company provides products in various therapeutic areas, such as cardiology, orthopaedics, anti-diabetic, ophthalmology, gynaecology, nephrology, gastrology, urology, dermatology, anti-infective, cold and cough, and animal health; generics formulations in oral solids, oncology oral solids and injectables, general injectables and ophthalmic products, dermatology, and oral suspension; and active pharmaceutical ingredients. It also exports its products. Alembic Pharmaceuticals Limited was founded in 1907 and is headquartered in Vadodara, India.

Sector
Healthcare
Shares outstanding
19.7 Cr shares
ISIN
INE901L01018
BSE code
533573

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹15,765 Cr
P/E
35.5x
P/B
3.0x
EV / EBITDA
15.2x
EV / Sales
2.7x
P/S
2.7x
Earnings yield
2.8%
52-week high
₹960.10
52-week low
₹646.25

Profitability

Operating margin
17.0%
Net margin
11.3%
EBITDA margin
17.5%
ROE
13.6%
ROCE
18.5%
ROA
10.4%
Dividend payout
32.0%
Tax rate
5.0%
Other income, % of PBT
4.4%

Growth

Revenue
₹6,033 Cr
Revenue growth, 1Y
2.7%
Revenue CAGR, 5Y
7.3%
EBITDA
₹1,030 Cr
EBITDA growth, 1Y
54.2%
Net profit growth, 1Y
-24.5%
Net profit CAGR, 5Y
-7.2%
Cash from operations
₹773 Cr
CFO growth, 1Y
5.9%
Free cash flow
-₹6.00 Cr
Asset growth, 1Y
4.4%

Solvency and efficiency

Current ratio
3.35
Debt / Equity
0.10
Debt / Assets
0.08
Debt / EBITDA
0.48
Interest coverage
18.50
Financial leverage
1.30
CFO / Net profit
1.16
Cash / Market cap
19.7%
Cash per share
₹158.12
Asset turnover
0.92
Fixed asset turnover
2.32
Capital intensity
0.43
Debtor days
83 days
Inventory turnover
1.33
Cash conversion cycle
232 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.

ALEMBIC PHARMACEUTICALS LIMITED income statement flow, FY2025
ALEMBIC PHARMACEUTICALS LIMITED income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹5,132 Cr
SalesOperating profit₹901 Cr
Operating profitInterest₹76 Cr
Operating profitDepreciation₹277 Cr
Operating profitProfit before tax₹548 Cr
Other incomeProfit before tax₹61 Cr
Profit before taxTax and other₹106 Cr
Profit before taxNet profit₹503 Cr

Revenue and net profit

Revenue grew 2.7% in FY2025; net profit is the dashed line.

ALEMBIC PHARMACEUTICALS LIMITED revenue and net profit by fiscal year
ALEMBIC PHARMACEUTICALS LIMITED revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹5,067 Cr₹1,097 Cr
FY2022₹5,035 Cr₹544 Cr
FY2023₹5,149 Cr₹347 Cr
FY2024₹5,874 Cr₹666 Cr
FY2025₹6,033 Cr₹503 Cr

Cash flows

FY2025: ₹227 Cr from operations, -₹409 Cr free after investment (dashed).

ALEMBIC PHARMACEUTICALS LIMITED operating and free cash flow by fiscal year
ALEMBIC PHARMACEUTICALS LIMITED operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹1,485 Cr₹559 Cr
FY2022₹545 Cr₹176 Cr
FY2023₹730 Cr₹269 Cr
FY2024₹773 Cr₹444 Cr
FY2025₹227 Cr-₹409 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹6,033 Cr+2.7%1Y
Net profit
₹503 Cr-24.5%1Y
Cash from operations
₹227 Cr
Free cash flow
-₹409 Cr-192.1%1Y
Revenue CAGR, 5Y
7.3%
EBITDA CAGR, 5Y
-5.0%
Net profit CAGR, 5Y
-7.2%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹6,033 Cr₹901 Cr—₹503 Cr₹227 Cr-₹409 Cr9.7%+2.7%-24.5%

Monthly returns

Month-by-month returns of APLLTD across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹7,556 Cr
Equity capital₹39 Cr
Reserves₹5,155 Cr
Borrowings₹1,194 Cr
Other liabilities₹1,168 Cr
Assets₹7,556 Cr
Fixed assets₹2,513 Cr
Capital work in progress₹837 Cr
Investments₹260 Cr
Other assets₹3,946 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. Poly Medicure Ltd₹17,352 Cr
  2. ALEMBIC PHARMACEUTICALS LIMITED (this company)₹15,765 Cr
  3. Natco Pharma Ltd.₹15,582 Cr

P/E against peers

APLLTD trades at 35.5x earnings against a peer median of 52.6x (a 33% discount).

Not shown (no positive earnings and no EV / Sales): JUBILANT PHARMOVA LIMITED.

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
ALEMBIC PHARMACEUTICALS LIMITEDAPLLTDthis companyP/E ↓ discount₹15,765 Cr35.5x3.0x13.6%15.2x
Ventive Hospitality LimitedVENTIVE₹17,846 Cr91.9x3.9x49.7%60.7x
Poly Medicure LtdPOLYMED₹17,352 Cr49.8x6.0x17.3%42.5x
Cohance Lifesciences LimitedCOHANCE₹17,161 Cr46.3x3.9x14.6%37.0x
JUBILANT PHARMOVA LIMITEDJUBLPHARMA₹16,581 Cr—7.4x1.3%140.4x
Dr. Agarwal's Health Care LimitedAGARWALEYE₹15,850 Cr302.0x8.1x2.0%62.8x
Natco Pharma Ltd.NATCOPHARM₹15,582 Cr10.3x1.9x23.4%8.8x
Granules India Ltd.GRANULES₹14,372 Cr39.7x4.0x14.0%18.5x
ACUTAAS CHEMICALS LIMITEDACUTAAS₹13,806 Cr61.2x9.7x6.5%154.5x
Peer median—52.6x5.9x12.1%38.3x

Year-to-date ROI

APLLTD since 1 January, against earlier years.

Historical volatility

APLLTD's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

ALEMBIC PHARMACEUTICALS LIMITED operating margin by fiscal year
ALEMBIC PHARMACEUTICALS LIMITED operating margin by fiscal year
DateOperating margin
FY202129.0%
FY202218.0%
FY202313.0%
FY202417.0%
FY202515.0%
LineFY2025
RevenueSales₹6,033 Cr
Costs
Interest₹76 Cr
Expenses₹5,131 Cr
Profit before tax₹609 Cr

Learn while you research

Academy chapters picked for ALEMBIC PHARMACEUTICALS LIMITED and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 35.5, learn when high multiples are justified.6 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Sector Analysis MattersHealthcare valuation is driven by pipelines and regulation, not just numbers.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
Browse the full Equiscale Academy →