Ajanta Pharma Key Ratios
NSE: AJANTPHARM | BSE: 532331
₹3,557.00
As on 28-Aug-2026IST
Market cap
₹44,473 Cr
Revenue (TTM)
₹5,776 Cr
P/E Ratio
39.2
P/B Ratio
9.2
Div. Yield
0.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 14.37 | 24.82 | 20.19 | 14.85 | 14.23 |
| EBIT | 31.61 | 22.26 | 14.32 | 25.41 | 8.05 |
| Net Profit | 25.32 | 30.89 | 22.04 | 22.23 | 10.79 |
| EPS | 25.32 | 30.89 | 22.04 | 22.88 | 11.72 |
| 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 | 22.35 | 22.40 | 24.00 |
| Net Margin
| 19.71 | 18.62 | 18.94 | 18.77 | 19.41 |
| Return on equity
| 24.84 | 22.88 | 25.67 | 25.42 | 25.06 |
| Return on Capital
| 32.75 | 29.94 | -- | 32.67 | 32.87 |
| Return on Assets
| 19.02 | 17.16 | 20.32 | 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
|
--
|
19.34
|
21.76
|
21.89
|
--
|
ROE
25.67
Higher than Peers by 10.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
25.67
|
25.42
|
25.06
|
23.49
|
17.68
|
|
Peer Median
|
15.35
|
16.97
|
17.93
|
16.42
|
--
|
ROA
20.32
Higher than Peers by 9.97
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
20.32
|
18.59
|
19.13
|
17.73
|
13.21
|
|
Peer Median
|
10.35
|
9.88
|
12.81
|
12.32
|
--
|
EBIT Margin
22.35
Higher than Peers by 4.34
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
22.35
|
22.40
|
24.00
|
24.63
|
17.43
|
|
Peer Median
|
18.01
|
18.96
|
18.93
|
21.05
|
--
|
Net Margin
18.94
Higher than Peers by 4.48
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
18.94
|
18.77
|
19.41
|
19.01
|
15.31
|
|
Peer Median
|
14.45
|
13.29
|
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
20.19
Higher than Peers by 8.24
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
20.19
|
17.31
|
10.44
|
12.45
|
12.02
|
|
Peer Median
|
11.95
|
12.97
|
10.90
|
13.44
|
--
|
EBIT Growth
14.32
Lower than Peers by 7.28
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
14.32
|
9.53
|
7.61
|
58.87
|
-18.85
|
|
Peer Median
|
21.60
|
15.05
|
15.01
|
23.50
|
--
|
Net Profit Growth
22.04
Lower than Peers by 0.70
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
22.04
|
14.73
|
12.77
|
38.81
|
-17.50
|
|
Peer Median
|
22.73
|
11.89
|
14.80
|
30.12
|
--
|
EPS Growth
22.04
Higher than Peers by 2.01
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
22.04
|
14.73
|
13.67
|
38.81
|
-16.06
|
|
Peer Median
|
20.03
|
12.16
|
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
2.64
Higher than Peers by 0.56
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
2.64
|
2.38
|
2.43
|
3.04
|
2.48
|
|
Peer Median
|
2.08
|
1.93
|
1.90
|
2.23
|
--
|
Quick Ratio
1.98
Higher than Peers by 0.44
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
1.98
|
1.82
|
1.73
|
2.12
|
1.77
|
|
Peer Median
|
1.54
|
1.52
|
1.46
|
1.59
|
--
|
Interest Coverage
107.44
Higher than Peers by 88.06
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
107.44
|
86.52
|
58.36
|
155.50
|
128.61
|
|
Peer Median
|
19.38
|
19.95
|
24.96
|
45.29
|
--
|
Operating Efficiency
Debtors to sales
32.10
Higher than Peers by 10.71
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
32.10
|
34.00
|
25.45
|
29.63
|
28.24
|
|
Peer Median
|
21.38
|
19.87
|
21.77
|
20.10
|
--
|
Asset Turnover
1.03
Higher than Peers by 0.31
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
|
0.72
|
0.77
|
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
39.19
Higher than Peers by 5.20
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
|
39.19
|
33.16
|
35.53
|
34.52
|
25.89
|
|
Peer Median
|
33.99
|
34.30
|
26.81
|
39.85
|
--
|
Price / Book Value
9.15
Higher than Peers by 4.09
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
|
9.15
|
7.74
|
8.64
|
7.91
|
4.49
|
|
Peer Median
|
5.06
|
5.19
|
4.65
|
6.11
|
--
|
Dividend Yield
0.79
Higher than Peers by 0.30
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
|
0.79
|
1.00
|
1.07
|
2.28
|
0.58
|
|
Peer Median
|
0.49
|
0.50
|
0.61
|
0.37
|
--
|
EV/EBITDA
26.48
--
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
|
26.48
|
22.42
|
24.03
|
22.32
|
16.89
|
|
Peer Median
|
--
|
30.46
|
27.02
|
34.57
|
--
|
Market Cap
44,473
Higher than Peers by 25,348
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ajanta Pharma
|
44,473
|
35,016
|
32,705
|
28,178
|
15,221
|
|
Peer Median
|
19,125
|
18,009
|
20,914
|
25,297
|
--
|