Emcure Pharmaceuticals Key Ratios
NSE: EMCURE | BSE: 544210
₹1,853.80
As on 31-Aug-2026 12:44IST
Market cap
₹35,050 Cr
Revenue (TTM)
₹9,683 Cr
P/E Ratio
34.7
P/B Ratio
6.7
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 4.48 | 22.85 | 18.36 | 15.42 | 8.73 |
| EBIT | 13.32 | 33.30 | 30.43 | 13.05 | 7.93 |
| Net Profit | 24.54 | 40.36 | 36.84 | 18.77 | 17.59 |
| EPS | 20.72 | 41.92 | 35.74 | 18.34 | 17.59 |
| Book Value | -- | -- | 11.30 | 23.74 | 15.81 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 10.22 | 15.18 | 15.68 | 14.46 | 13.74 |
| Net Margin
| 8.21 | 9.60 | 10.47 | 10.08 | 8.88 |
| Return on equity
| 14.43 | 23.43 | 21.30 | 20.09 | 19.19 |
| Return on Capital
| 16.79 | 23.23 | -- | 25.25 | 22.49 |
| Return on Assets
| 7.19 | 9.43 | 11.42 | 10.70 | 8.94 |
| Debt to Equity (x)
| -- | -- | 0.05 | 0.24 | 0.17 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
25.25
|
22.49
|
19.87
|
21.97
|
|
Peer Median
|
--
|
15.48
|
16.46
|
15.49
|
--
|
ROE
21.30
Higher than Peers by 11.35
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
21.30
|
20.09
|
19.19
|
19.45
|
25.21
|
|
Peer Median
|
9.94
|
12.68
|
13.87
|
14.72
|
--
|
ROA
11.42
Higher than Peers by 4.16
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
11.42
|
10.70
|
8.94
|
7.39
|
8.97
|
|
Peer Median
|
7.26
|
7.69
|
8.04
|
7.19
|
--
|
EBIT Margin
15.68
Higher than Peers by 6.14
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
15.68
|
14.46
|
13.74
|
13.78
|
15.39
|
|
Peer Median
|
9.55
|
15.68
|
10.05
|
10.28
|
--
|
Net Margin
10.47
Higher than Peers by 1.84
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
10.47
|
10.08
|
8.88
|
7.86
|
9.31
|
|
Peer Median
|
8.64
|
11.16
|
9.11
|
6.78
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
14.44
|
13.61
|
12.38
|
13.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
18.36
Higher than Peers by 12.12
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
18.36
|
16.56
|
18.59
|
11.23
|
2.23
|
|
Peer Median
|
6.24
|
15.05
|
7.17
|
10.56
|
--
|
EBIT Growth
30.43
Higher than Peers by 30.49
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
30.43
|
22.68
|
18.25
|
-0.41
|
-15.11
|
|
Peer Median
|
-0.06
|
19.88
|
12.05
|
6.17
|
--
|
Net Profit Growth
36.84
Higher than Peers by 29.26
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
36.84
|
33.05
|
34.10
|
-6.10
|
-20.03
|
|
Peer Median
|
7.58
|
19.11
|
22.15
|
27.97
|
--
|
EPS Growth
35.74
Higher than Peers by 33.56
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
35.74
|
35.59
|
30.75
|
-6.52
|
-19.66
|
|
Peer Median
|
2.18
|
23.11
|
8.80
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
11.36
|
50.94
|
18.16
|
26.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.05
Higher than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
0.05
|
0.24
|
0.17
|
0.71
|
0.88
|
|
Peer Median
|
0.02
|
0.12
|
0.03
|
0.05
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
0.16
|
0.11
|
0.32
|
0.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.43
Lower than Peers by 1.01
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
1.43
|
1.43
|
1.71
|
1.33
|
1.27
|
|
Peer Median
|
2.45
|
2.48
|
2.20
|
1.93
|
--
|
Quick Ratio
0.82
Lower than Peers by 0.89
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
0.82
|
0.82
|
0.98
|
0.85
|
0.81
|
|
Peer Median
|
1.72
|
1.82
|
1.72
|
1.59
|
--
|
Interest Coverage
10.36
Higher than Peers by 0.65
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
10.36
|
9.96
|
6.53
|
4.07
|
4.50
|
|
Peer Median
|
9.71
|
13.67
|
12.28
|
12.45
|
--
|
Operating Efficiency
Debtors to sales
26.46
Lower than Peers by 0.45
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
26.46
|
27.84
|
25.36
|
27.92
|
27.54
|
|
Peer Median
|
26.91
|
30.65
|
26.23
|
23.97
|
--
|
Asset Turnover
1.09
Higher than Peers by 0.41
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
1.09
|
1.07
|
1.01
|
0.95
|
0.97
|
|
Peer Median
|
0.67
|
0.70
|
0.74
|
0.88
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
88.68
|
87.83
|
94.32
|
88.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
84.11
|
78.64
|
78.21
|
84.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
176.65
|
174.97
|
193.72
|
194.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
--
|
-3.86
|
-8.50
|
-21.19
|
-21.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
34.66
Lower than Peers by 20.41
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
34.66
|
32.73
|
29.84
|
--
|
--
|
|
Peer Median
|
55.07
|
55.07
|
39.17
|
40.74
|
--
|
Price / Book Value
6.70
Higher than Peers by 2.22
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
6.70
|
6.13
|
4.58
|
--
|
--
|
|
Peer Median
|
4.48
|
4.76
|
3.61
|
3.87
|
--
|
Dividend Yield
0.20
Higher than Peers by 0.05
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
0.20
|
0.23
|
0.28
|
--
|
--
|
|
Peer Median
|
0.15
|
0.15
|
0.19
|
0.20
|
--
|
EV/EBITDA
18.13
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
18.13
|
16.68
|
13.55
|
1.57
|
1.55
|
|
Peer Median
|
--
|
39.78
|
28.79
|
25.41
|
--
|
Market Cap
35,050
Higher than Peers by 29,230
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Emcure Pharmaceuticals
|
35,050
|
30,258
|
20,327
|
--
|
--
|
|
Peer Median
|
5,820
|
5,820
|
3,944
|
2,959
|
--
|