Analyst Summary
Mankind Pharma Ltd operates in the Pharmaceuticals segment, NSE: MANKIND | BSE: 543904, current market price is ₹2,267.00, market cap is 93,605 Cr.. At a glance, stock P/E is 53.0, ROE is 13.9 %, ROCE is 15.0 %, book value is 376, dividend yield is 0.04 %. The latest intrinsic value estimate is ₹910.20, around 59.9% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹9,498 Cr versus the prior period change of 10.1%, while latest net profit is about ₹1,945 Cr with a prior-period change of 3.7%. The 52-week range shown on this page is 2,727/1,910, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMankind Pharma Ltd. is a Public Limited Listed company incorporated on 03/07/1991 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL…
This summary is generated from the stock page data available for Mankind Pharma Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.
Investment Snapshot
Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.
Share Price and Basic Stock Data
Last Updated: April 26, 2026, 1:04 am
| PEG Ratio | 14.95 |
|---|
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mankind Pharma Ltd | 93,605 Cr. | 2,267 | 2,727/1,910 | 53.0 | 376 | 0.04 % | 15.0 % | 13.9 % | 1.00 |
| Cipla Ltd | 1,04,608 Cr. | 1,295 | 1,673/1,166 | 22.0 | 408 | 1.00 % | 22.7 % | 17.8 % | 2.00 |
| Lupin Ltd | 1,04,973 Cr. | 2,296 | 2,381/1,837 | 21.1 | 430 | 0.52 % | 21.3 % | 20.6 % | 2.00 |
| Aurobindo Pharma Ltd | 82,114 Cr. | 1,414 | 1,460/1,016 | 23.2 | 603 | 0.28 % | 14.2 % | 11.1 % | 1.00 |
| Dr Reddys Laboratories Ltd | 1,09,933 Cr. | 1,317 | 1,380/1,121 | 19.7 | 432 | 0.61 % | 22.7 % | 18.0 % | 1.00 |
| Industry Average | 19,737.15 Cr | 1,103.08 | 59.48 | 201.13 | 0.36% | 16.35% | 15.16% | 6.10 |
Quarterly Result
| Metric | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,936 | 1,872 | 2,092 | 2,260 | 2,209 | 2,007 | 2,413 | 2,544 | 2,414 | 2,127 | 2,541 | 2,609 | 2,633 |
| Expenses | 1,563 | 1,491 | 1,594 | 1,662 | 1,636 | 1,482 | 1,837 | 1,781 | 1,668 | 1,650 | 1,868 | 1,916 | 1,854 |
| Operating Profit | 374 | 381 | 498 | 598 | 573 | 526 | 576 | 763 | 746 | 477 | 673 | 693 | 778 |
| OPM % | 19% | 20% | 24% | 26% | 26% | 26% | 24% | 30% | 31% | 22% | 26% | 27% | 30% |
| Other Income | 32 | 42 | 87 | 84 | 92 | 109 | 125 | 139 | 70 | 219 | 64 | 78 | -27 |
| Interest | 9 | 1 | 2 | 4 | 4 | 4 | 7 | 3 | 200 | 162 | 147 | 147 | 138 |
| Depreciation | 71 | 67 | 69 | 77 | 90 | 87 | 91 | 90 | 91 | 105 | 97 | 99 | 108 |
| Profit before tax | 326 | 355 | 514 | 601 | 571 | 543 | 603 | 810 | 525 | 429 | 494 | 525 | 505 |
| Tax % | 24% | 21% | 20% | 21% | 15% | 14% | 16% | 20% | 22% | 11% | 16% | 13% | 11% |
| Net Profit | 249 | 281 | 409 | 473 | 487 | 468 | 506 | 645 | 412 | 382 | 413 | 459 | 449 |
| EPS in Rs | 6.21 | 7.01 | 10.22 | 11.80 | 12.16 | 11.68 | 12.62 | 16.11 | 9.99 | 9.27 | 10.00 | 11.12 | 10.89 |
Last Updated: March 3, 2026, 11:52 am
Profit & Loss - Annual Report
Last Updated: February 27, 2026, 1:15 am
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,918 | 3,829 | 4,794 | 5,530 | 7,486 | 8,127 | 8,629 | 9,498 | 9,909 |
| Expenses | 3,141 | 3,124 | 3,550 | 4,151 | 5,644 | 6,429 | 6,358 | 6,930 | 7,288 |
| Operating Profit | 778 | 705 | 1,244 | 1,379 | 1,842 | 1,698 | 2,272 | 2,567 | 2,621 |
| OPM % | 20% | 18% | 26% | 25% | 25% | 21% | 26% | 27% | 26% |
| Other Income | 209 | 64 | 94 | 148 | 200 | 163 | 369 | 550 | 334 |
| Interest | 18 | 40 | 11 | 8 | 48 | 28 | 17 | 372 | 595 |
| Depreciation | 28 | 38 | 62 | 78 | 123 | 270 | 335 | 378 | 409 |
| Profit before tax | 941 | 691 | 1,265 | 1,440 | 1,871 | 1,563 | 2,289 | 2,367 | 1,952 |
| Tax % | 26% | 26% | 24% | 25% | 26% | 20% | 18% | 18% | |
| Net Profit | 694 | 514 | 958 | 1,084 | 1,389 | 1,248 | 1,876 | 1,945 | 1,704 |
| EPS in Rs | 17.33 | 12.83 | 23.92 | 27.07 | 34.68 | 31.16 | 46.84 | 47.15 | 41.28 |
| Dividend Payout % | 0% | 0% | 32% | 0% | 0% | 0% | 0% | 0% |
Growth
Last Updated: September 5, 2025, 2:40 pm
Balance Sheet
Last Updated: December 4, 2025, 2:30 am
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 41 | 41 |
| Reserves | 2,957 | 3,025 | 3,611 | 4,694 | 6,500 | 7,744 | 9,663 | 14,599 | 15,469 |
| Borrowings | 360 | 190 | 3 | 101 | 688 | 5 | 24 | 7,254 | 7,248 |
| Other Liabilities | 652 | 596 | 877 | 1,045 | 1,710 | 1,583 | 1,790 | 1,934 | 2,104 |
| Total Liabilities | 4,009 | 3,851 | 4,531 | 5,880 | 8,939 | 9,371 | 11,516 | 23,828 | 24,862 |
| Fixed Assets | 534 | 778 | 945 | 987 | 2,927 | 3,142 | 3,552 | 3,471 | 3,393 |
| CWIP | 322 | 211 | 148 | 166 | 387 | 495 | 209 | 207 | 248 |
| Investments | 1,402 | 1,698 | 1,784 | 2,397 | 2,526 | 3,102 | 4,215 | 16,683 | 17,611 |
| Other Assets | 1,751 | 1,164 | 1,655 | 2,330 | 3,100 | 2,632 | 3,540 | 3,467 | 3,610 |
| Total Assets | 4,009 | 3,851 | 4,531 | 5,880 | 8,939 | 9,371 | 11,516 | 23,828 | 24,862 |
Cash Flow
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 418.00 | 515.00 | -2.00 | -100.00 | -687.00 | -4.00 | -22.00 | -5.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 13 | 32 | 24 | 23 | 22 | 33 | 34 |
| Inventory Days | 120 | 126 | 124 | 169 | 183 | 132 | 160 | 153 |
| Days Payable | 115 | 101 | 113 | 122 | 133 | 103 | 75 | 79 |
| Cash Conversion Cycle | 27 | 38 | 43 | 72 | 73 | 52 | 118 | 108 |
| Working Capital Days | 95 | 44 | 41 | 42 | 26 | 40 | 55 | -48 |
| ROCE % | 22% | 36% | 33% | 30% | 21% | 24% | 15% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Large Cap Fund | 4,072,930 | 1.66 | 915.43 | N/A | N/A | N/A |
| HDFC Large Cap Fund | 2,739,492 | 1.54 | 615.73 | 2,664,492 | 2026-01-26 08:09:30 | 2.81% |
| ICICI Prudential Pharma Healthcare & Diagnostics (P.H.D) Fund | 2,312,842 | 7.64 | 519.83 | 1,986,722 | 2026-03-23 03:35:22 | 16.41% |
| Nippon India Growth Mid Cap Fund | 1,480,100 | 0.76 | 332.67 | 1,279,034 | 2026-02-23 00:46:55 | 15.72% |
| Nippon India Large Cap Fund | 1,472,280 | 0.64 | 330.91 | 1,278,370 | 2026-01-26 01:36:43 | 15.17% |
| Axis ELSS Tax Saver Fund | 1,393,048 | 0.94 | 313.1 | 1,330,911 | 2026-02-23 00:46:55 | 4.67% |
| Aditya Birla Sun Life Flexi Cap Fund | 1,365,544 | 1.22 | 306.92 | 1,325,544 | 2026-03-12 01:03:38 | 3.02% |
| SBI Contra Fund | 1,328,039 | 0.61 | 298.49 | N/A | N/A | N/A |
| Nippon India Pharma Fund | 1,131,195 | 3.06 | 254.25 | 907,154 | 2026-03-23 03:35:22 | 24.7% |
| Axis Focused Fund | 1,120,896 | 2.23 | 251.93 | 1,037,596 | 2026-02-23 00:46:55 | 8.03% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 49.28 | 47.75 | 32.00 | 35.78 | 31.59 |
| Diluted EPS (Rs.) | 49.20 | 47.68 | 32.00 | 35.78 | 31.59 |
| Cash EPS (Rs.) | 63.50 | 58.03 | 40.52 | 40.07 | 34.96 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 347.37 | 239.04 | 190.30 | 157.68 | 121.39 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 347.37 | 239.04 | 190.30 | 157.68 | 121.39 |
| Revenue From Operations / Share (Rs.) | 295.87 | 257.99 | 218.41 | 194.25 | 155.13 |
| PBDIT / Share (Rs.) | 86.15 | 70.29 | 50.66 | 54.55 | 45.41 |
| PBIT / Share (Rs.) | 71.10 | 60.35 | 42.52 | 50.39 | 42.44 |
| PBT / Share (Rs.) | 60.69 | 59.52 | 41.41 | 48.93 | 41.94 |
| Net Profit / Share (Rs.) | 48.45 | 48.09 | 32.38 | 35.91 | 31.99 |
| NP After MI And SOA / Share (Rs.) | 48.25 | 47.75 | 32.00 | 35.78 | 31.59 |
| PBDIT Margin (%) | 29.11 | 27.24 | 23.19 | 28.08 | 29.27 |
| PBIT Margin (%) | 24.03 | 23.39 | 19.46 | 25.94 | 27.35 |
| PBT Margin (%) | 20.51 | 23.06 | 18.95 | 25.18 | 27.03 |
| Net Profit Margin (%) | 16.37 | 18.64 | 14.82 | 18.48 | 20.61 |
| NP After MI And SOA Margin (%) | 16.30 | 18.50 | 14.65 | 18.42 | 20.36 |
| Return on Networth / Equity (%) | 13.89 | 20.43 | 17.24 | 23.28 | 26.79 |
| Return on Capital Employeed (%) | 13.27 | 24.56 | 21.69 | 30.94 | 33.87 |
| Return On Assets (%) | 7.17 | 15.98 | 13.19 | 15.67 | 19.85 |
| Long Term Debt / Equity (X) | 0.38 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.59 | 0.02 | 0.02 | 0.14 | 0.05 |
| Asset Turnover Ratio (%) | 0.61 | 0.95 | 0.87 | 0.98 | 1.01 |
| Current Ratio (X) | 1.23 | 3.10 | 2.32 | 1.68 | 2.89 |
| Quick Ratio (X) | 0.86 | 2.37 | 1.52 | 1.01 | 2.01 |
| Inventory Turnover Ratio (X) | 6.69 | 1.21 | 0.50 | 0.64 | 0.57 |
| Interest Coverage Ratio (X) | 8.28 | 83.98 | 45.63 | 37.29 | 90.29 |
| Interest Coverage Ratio (Post Tax) (X) | 5.64 | 58.45 | 30.17 | 25.54 | 64.60 |
| Enterprise Value (Cr.) | 108143.49 | 91239.85 | 0.00 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 8.86 | 8.83 | 0.00 | 0.00 | 0.00 |
| EV / EBITDA (X) | 30.42 | 32.40 | 0.00 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 8.19 | 8.90 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 6.98 | 9.83 | 0.00 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 8.19 | 8.90 | 0.00 | 0.00 | 0.00 |
| EarningsYield | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 |
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Pharmaceuticals | 208, Okhla Industrial Estate, Phase-III, New Delhi Delhi 110020 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ramesh Juneja | Chairman & Wholetime Director |
| Mr. Rajeev Juneja | Vice Chairman & Mng.Director |
| Ms. Sheetal Arora | Whole Time Director |
| Mr. Satish Kumar Sharma | Whole Time Director |
| Mr. Vivek Kalra | Independent Director |
| Mr. Tilokchand Punamchand Ostwal | Independent Director |
| Mr. Bharat Anand | Independent Director |
| Ms. Vijaya Sampath | Independent Director |
FAQ
What is the intrinsic value of Mankind Pharma Ltd and is it undervalued?
As of 28 April 2026, Mankind Pharma Ltd's intrinsic value is ₹910.20, which is 59.85% lower than the current market price of ₹2,267.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (13.9 %), book value (₹376), dividend yield (0.04 %), and 5-year EPS CAGR.
What is the current share price and 52-week range of Mankind Pharma Ltd?
Mankind Pharma Ltd is trading at ₹2,267.00 as of 28 April 2026, with a FY2026-2027 high of ₹2,727 and low of ₹1,910. The stock is currently in the middle of its 52-week range. Market cap stands at ₹93,605 Cr..
How does Mankind Pharma Ltd's P/E ratio compare to its industry?
Mankind Pharma Ltd has a P/E ratio of 53.0, which is below the industry average of 59.48. This is broadly in line with or below the industry average.
Is Mankind Pharma Ltd financially healthy?
Key indicators for Mankind Pharma Ltd: ROCE of 15.0 % is moderate. Dividend yield is 0.04 %.
Is Mankind Pharma Ltd profitable and how is the profit trend?
Mankind Pharma Ltd reported a net profit of ₹1,945 Cr in Mar 2025 on revenue of ₹9,498 Cr. Compared to ₹1,389 Cr in Mar 2022, the net profit shows an improving trend.
Does Mankind Pharma Ltd pay dividends?
Mankind Pharma Ltd has a dividend yield of 0.04 % at the current price of ₹2,267.00. The company pays dividends, though the yield is modest.

