Bal Pharma Key Ratios
NSE: BALPHARMA | BSE: 524824
₹100.67
As on 18-Sep-2026IST
Market cap
₹160 Cr
Revenue (TTM)
₹334 Cr
P/E Ratio
22.1
P/B Ratio
1.9
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 5.40 | 34.53 | 13.51 | 3.14 | 4.43 |
| EBIT | -31.20 | 45.93 | 16.36 | 9.50 | 5.68 |
| Net Profit | -68.72 | 459.20 | 0.67 | 44.76 | 3.93 |
| EPS | -68.73 | 459.43 | 0.71 | 44.08 | 2.35 |
| Book Value | -- | -- | 6.22 | 8.30 | 7.78 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.94 | 6.02 | 6.71 | 6.75 | 6.60 |
| Net Margin
| 2.31 | 1.88 | 2.16 | 2.02 | 2.37 |
| Return on equity
| 7.70 | 8.64 | 8.98 | 7.92 | 9.69 |
| Return on Capital
| 9.91 | 10.69 | -- | 9.78 | 10.10 |
| Return on Assets
| 2.12 | 1.91 | 2.04 | 1.78 | 2.21 |
| Debt to Equity (x)
| -- | -- | 0.39 | 1.94 | 1.94 |
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
9.78
|
10.10
|
11.67
|
9.56
|
|
Peer Median
|
--
|
19.34
|
21.76
|
21.89
|
--
|
ROE
8.98
Lower than Peers by 6.37
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
8.98
|
7.92
|
9.69
|
10.97
|
4.31
|
|
Peer Median
|
15.35
|
17.67
|
17.93
|
16.42
|
--
|
ROA
2.04
Lower than Peers by 8.31
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
2.04
|
1.78
|
2.21
|
2.36
|
0.92
|
|
Peer Median
|
10.35
|
9.88
|
12.81
|
12.32
|
--
|
EBIT Margin
6.71
Lower than Peers by 11.29
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
6.71
|
6.75
|
6.60
|
6.15
|
5.30
|
|
Peer Median
|
18.01
|
18.96
|
18.93
|
21.05
|
--
|
Net Margin
2.16
Lower than Peers by 12.30
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
2.16
|
2.02
|
2.37
|
2.18
|
0.86
|
|
Peer Median
|
14.45
|
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
5.58
|
5.61
|
5.16
|
3.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
13.51
Higher than Peers by 1.56
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
13.51
|
2.83
|
-10.65
|
11.51
|
8.18
|
|
Peer Median
|
11.95
|
12.97
|
10.90
|
13.44
|
--
|
EBIT Growth
16.36
Lower than Peers by 5.23
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
16.36
|
5.21
|
-4.20
|
29.42
|
7.92
|
|
Peer Median
|
21.60
|
15.05
|
15.01
|
23.50
|
--
|
Net Profit Growth
0.67
Lower than Peers by 22.06
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
0.67
|
-12.67
|
-2.81
|
184.26
|
-54.09
|
|
Peer Median
|
22.73
|
11.89
|
14.80
|
30.12
|
--
|
EPS Growth
0.71
Lower than Peers by 19.32
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
0.71
|
-12.91
|
-3.11
|
185.36
|
-56.70
|
|
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
6.22
|
7.52
|
12.88
|
10.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.39
Higher than Peers by 0.38
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
0.39
|
1.94
|
1.94
|
1.94
|
2.05
|
|
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
1.37
|
1.39
|
1.33
|
1.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.05
Lower than Peers by 1.03
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
1.05
|
1.05
|
1.07
|
1.15
|
1.09
|
|
Peer Median
|
2.08
|
1.93
|
1.90
|
2.23
|
--
|
Quick Ratio
0.59
Lower than Peers by 0.95
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
0.59
|
0.59
|
0.60
|
0.72
|
0.62
|
|
Peer Median
|
1.54
|
1.52
|
1.46
|
1.59
|
--
|
Interest Coverage
1.40
Lower than Peers by 17.98
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
1.40
|
1.35
|
1.30
|
1.62
|
1.39
|
|
Peer Median
|
19.38
|
19.95
|
24.96
|
45.29
|
--
|
Operating Efficiency
Debtors to sales
28.00
Higher than Peers by 6.62
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
28.00
|
30.04
|
30.50
|
29.37
|
30.89
|
|
Peer Median
|
21.38
|
19.87
|
21.77
|
20.10
|
--
|
Asset Turnover
0.94
Higher than Peers by 0.22
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
0.94
|
0.88
|
0.93
|
1.08
|
1.06
|
|
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
108.96
|
115.65
|
104.16
|
101.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
128.46
|
114.91
|
99.97
|
103.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
219.58
|
202.96
|
162.36
|
165.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
--
|
17.84
|
27.60
|
41.77
|
39.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
22.15
Lower than Peers by 12.25
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
22.15
|
15.24
|
18.35
|
19.51
|
40.83
|
|
Peer Median
|
34.40
|
35.14
|
26.81
|
39.85
|
--
|
Price / Book Value
1.91
Lower than Peers by 3.18
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
1.91
|
1.16
|
1.71
|
2.00
|
1.65
|
|
Peer Median
|
5.09
|
5.69
|
4.65
|
6.11
|
--
|
Dividend Yield
1.20
Higher than Peers by 0.79
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
1.20
|
2.00
|
1.44
|
1.32
|
1.49
|
|
Peer Median
|
0.41
|
0.49
|
0.61
|
0.37
|
--
|
EV/EBITDA
8.80
--
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
|
|---|---|---|---|---|---|
|
Bal Pharma
|
8.80
|
7.29
|
8.60
|
8.01
|
8.72
|
|
Peer Median
|
--
|
28.82
|
27.02
|
34.57
|
--
|
Market Cap
160
Lower than Peers by 19,807
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bal Pharma
|
160
|
96
|
132
|
144
|
105
|
|
Peer Median
|
19,967
|
18,307
|
20,914
|
25,297
|
--
|