Ajanta Pharma Key Ratios
NSE: AJANTPHARM | BSE: 532331
₹3,396.30
As on 02-Nov-2026IST
Market cap
₹42,419 Cr
Revenue (TTM)
₹6,217 Cr
P/E Ratio
33.6
P/B Ratio
8.7
Div. Yield
0.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 10.34 | 32.53 | 25.01 | 16.78 | 14.65 |
| EBIT | 31.90 | 75.52 | 32.42 | 26.29 | 11.80 |
| Net Profit | 16.13 | 49.18 | 29.70 | 24.13 | 12.35 |
| EPS | 16.13 | 49.18 | 29.70 | 24.61 | 13.24 |
| Book Value | -- | -- | 19.52 | 10.41 | 9.43 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 23.58 | 22.51 | 24.22 | 22.40 | 24.00 |
| Net Margin
| 19.71 | 18.62 | 19.70 | 18.77 | 19.41 |
| Return on equity
| 24.84 | 22.88 | 26.91 | 25.42 | 25.06 |
| Return on Capital
| 32.75 | 29.94 | -- | 32.67 | 32.87 |
| Return on Assets
| 19.02 | 17.16 | 20.88 | 18.59 | 19.13 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.05 | 0.00 |
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
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
32.67
|
32.87
|
32.22
|
22.57
|
|
Peer Median
|
--
|
19.41
|
21.76
|
21.89
|
--
|
ROE
26.91
Higher than Peers by 11.74
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
26.91
|
25.42
|
25.06
|
23.49
|
17.68
|
|
Peer Median
|
15.17
|
18.29
|
17.93
|
16.42
|
--
|
ROA
20.88
Higher than Peers by 10.78
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
20.88
|
18.59
|
19.13
|
17.73
|
13.21
|
|
Peer Median
|
10.10
|
9.88
|
12.81
|
12.32
|
--
|
EBIT Margin
24.22
Higher than Peers by 5.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
24.22
|
22.40
|
24.00
|
24.63
|
17.43
|
|
Peer Median
|
18.50
|
19.35
|
18.93
|
21.05
|
--
|
Net Margin
19.70
Higher than Peers by 5.37
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
19.70
|
18.77
|
19.41
|
19.01
|
15.31
|
|
Peer Median
|
14.32
|
13.32
|
14.94
|
15.51
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
10.88
|
11.96
|
11.93
|
10.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.01
Higher than Peers by 12.88
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
25.01
|
17.31
|
10.44
|
12.45
|
12.02
|
|
Peer Median
|
12.13
|
13.36
|
10.90
|
13.44
|
--
|
EBIT Growth
32.42
Higher than Peers by 10.70
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
32.42
|
9.53
|
7.61
|
58.87
|
-18.85
|
|
Peer Median
|
21.72
|
18.45
|
15.01
|
23.50
|
--
|
Net Profit Growth
29.70
Higher than Peers by 6.77
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
29.70
|
14.73
|
12.77
|
38.81
|
-17.50
|
|
Peer Median
|
22.93
|
18.73
|
14.80
|
30.12
|
--
|
EPS Growth
29.70
Higher than Peers by 8.30
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
29.70
|
14.73
|
13.67
|
38.81
|
-16.06
|
|
Peer Median
|
21.40
|
14.40
|
14.27
|
29.02
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
19.52
|
6.27
|
5.14
|
3.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
0.05
|
0.00
|
0.00
|
0.00
|
|
Peer Median
|
0.00
|
0.05
|
0.06
|
0.03
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
0.05
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.85
Higher than Peers by 0.83
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
2.85
|
2.38
|
2.43
|
3.04
|
2.48
|
|
Peer Median
|
2.02
|
1.90
|
1.90
|
2.23
|
--
|
Quick Ratio
2.13
Higher than Peers by 0.64
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
2.13
|
1.82
|
1.73
|
2.12
|
1.77
|
|
Peer Median
|
1.49
|
1.45
|
1.46
|
1.59
|
--
|
Interest Coverage
132.03
Higher than Peers by 113.00
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
132.03
|
86.52
|
58.36
|
155.50
|
128.61
|
|
Peer Median
|
19.03
|
19.02
|
24.96
|
45.29
|
--
|
Operating Efficiency
Debtors to sales
29.98
Higher than Peers by 8.31
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
29.98
|
34.00
|
25.45
|
29.63
|
28.24
|
|
Peer Median
|
21.67
|
19.89
|
21.77
|
20.10
|
--
|
Asset Turnover
1.03
Higher than Peers by 0.32
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
1.03
|
1.99
|
1.85
|
1.73
|
1.61
|
|
Peer Median
|
0.71
|
0.74
|
0.76
|
0.81
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
49.07
|
49.80
|
52.69
|
52.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
29.77
|
35.51
|
37.60
|
40.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
183.00
|
187.66
|
183.71
|
157.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
--
|
-104.16
|
-102.34
|
-93.41
|
-63.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
33.59
Lower than Peers by 3.75
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
33.59
|
33.16
|
35.53
|
34.52
|
25.89
|
|
Peer Median
|
37.34
|
34.76
|
26.81
|
39.85
|
--
|
Price / Book Value
8.73
Higher than Peers by 3.95
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
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
8.73
|
7.74
|
8.64
|
7.91
|
4.49
|
|
Peer Median
|
4.78
|
4.93
|
4.65
|
6.11
|
--
|
Dividend Yield
0.82
Higher than Peers by 0.31
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
0.82
|
1.00
|
1.07
|
2.28
|
0.58
|
|
Peer Median
|
0.52
|
0.52
|
0.61
|
0.37
|
--
|
EV/EBITDA
22.55
--
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
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
22.55
|
22.42
|
24.03
|
22.32
|
16.89
|
|
Peer Median
|
--
|
25.26
|
27.02
|
34.57
|
--
|
Market Cap
42,419
Higher than Peers by 24,748
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
42,419
|
35,016
|
32,705
|
28,178
|
15,221
|
|
Peer Median
|
17,672
|
16,867
|
20,914
|
25,297
|
--
|