Shilpa Medicare Key Ratios
NSE: SHILPAMED | BSE: 530549
₹903.80
As on 28-Aug-2026IST
Market cap
₹17,685 Cr
Revenue (TTM)
₹1,682 Cr
P/E Ratio
59.5
P/B Ratio
6.6
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.59 | 44.89 | 27.91 | 17.05 | 12.94 |
| EBIT | 13.44 | 61.15 | 58.32 | 127.85 | 31.86 |
| Net Profit | 23.96 | 115.19 | 92.86 | 120.48 | 35.02 |
| EPS | -6.41 | 115.19 | 167.59 | 116.93 | 31.74 |
| Book Value | -- | -- | 9.67 | 8.85 | 7.87 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.71 | 10.53 | 20.95 | 16.97 | 15.02 |
| Net Margin
| 12.84 | 5.23 | 16.19 | 15.18 | 5.92 |
| Return on equity
| 3.02 | 3.46 | 11.15 | 9.82 | 3.75 |
| Return on Capital
| 4.15 | 6.12 | -- | 11.43 | 6.95 |
| Return on Assets
| 2.69 | 2.32 | 7.80 | 6.97 | 2.45 |
| Debt to Equity (x)
| -- | -- | 0.07 | 0.25 | 0.25 |
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
11.43
|
6.95
|
5.49
|
0.80
|
|
Peer Median
|
--
|
19.34
|
21.76
|
21.89
|
--
|
ROE
11.15
Lower than Peers by 4.20
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
11.15
|
9.82
|
3.75
|
1.78
|
-1.71
|
|
Peer Median
|
15.35
|
16.97
|
17.93
|
16.42
|
--
|
ROA
7.80
Lower than Peers by 2.55
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
7.80
|
6.97
|
2.45
|
1.07
|
-1.07
|
|
Peer Median
|
10.35
|
9.88
|
12.81
|
12.32
|
--
|
EBIT Margin
20.95
Higher than Peers by 2.95
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
20.95
|
16.97
|
15.02
|
11.08
|
-0.69
|
|
Peer Median
|
18.01
|
18.96
|
18.93
|
21.05
|
--
|
Net Margin
16.19
Higher than Peers by 1.73
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
16.19
|
15.18
|
5.92
|
2.73
|
-2.86
|
|
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
23.59
|
14.87
|
12.14
|
6.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
27.91
Higher than Peers by 15.96
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
27.91
|
19.62
|
11.71
|
9.66
|
-8.33
|
|
Peer Median
|
11.95
|
12.97
|
10.90
|
13.44
|
--
|
EBIT Growth
58.32
Higher than Peers by 36.72
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
58.32
|
35.14
|
51.42
|
1,865.53
|
-106.16
|
|
Peer Median
|
21.60
|
15.05
|
15.01
|
23.50
|
--
|
Net Profit Growth
92.86
Higher than Peers by 70.13
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
92.86
|
210.81
|
145.00
|
203.36
|
-151.03
|
|
Peer Median
|
22.73
|
11.89
|
14.80
|
30.12
|
--
|
EPS Growth
167.59
Higher than Peers by 147.56
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
167.59
|
210.80
|
118.00
|
198.15
|
-153.54
|
|
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
9.67
|
30.63
|
1.43
|
-2.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.07
Higher than Peers by 0.07
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
0.07
|
0.25
|
0.25
|
0.52
|
0.45
|
|
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
0.16
|
0.13
|
0.20
|
0.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.31
Lower than Peers by 0.77
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
1.31
|
1.31
|
1.46
|
1.26
|
0.98
|
|
Peer Median
|
2.08
|
1.93
|
1.90
|
2.23
|
--
|
Quick Ratio
0.88
Lower than Peers by 0.66
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
0.88
|
0.88
|
0.94
|
0.77
|
0.58
|
|
Peer Median
|
1.54
|
1.52
|
1.46
|
1.59
|
--
|
Interest Coverage
7.14
Lower than Peers by 12.24
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
7.14
|
6.02
|
2.62
|
1.59
|
0.35
|
|
Peer Median
|
19.38
|
19.95
|
24.96
|
45.29
|
--
|
Operating Efficiency
Debtors to sales
30.84
Higher than Peers by 9.46
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
30.84
|
33.72
|
34.26
|
34.04
|
30.89
|
|
Peer Median
|
21.38
|
19.87
|
21.77
|
20.10
|
--
|
Asset Turnover
0.48
Lower than Peers by 0.24
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
0.48
|
0.44
|
0.40
|
0.38
|
0.36
|
|
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
113.81
|
118.15
|
113.53
|
123.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
84.76
|
98.29
|
105.35
|
117.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
101.94
|
128.16
|
146.72
|
126.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
96.62
|
88.28
|
72.15
|
114.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
59.48
Higher than Peers by 25.50
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
59.48
|
28.03
|
41.41
|
125.64
|
--
|
|
Peer Median
|
33.99
|
34.30
|
26.81
|
39.85
|
--
|
Price / Book Value
6.58
Higher than Peers by 1.52
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
6.58
|
2.63
|
2.74
|
2.21
|
1.12
|
|
Peer Median
|
5.06
|
5.19
|
4.65
|
6.11
|
--
|
Dividend Yield
0.07
Lower than Peers by 0.42
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
0.07
|
0.17
|
0.15
|
--
|
--
|
|
Peer Median
|
0.49
|
0.50
|
0.61
|
0.37
|
--
|
EV/EBITDA
37.66
--
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
37.66
|
16.72
|
20.55
|
19.43
|
23.11
|
|
Peer Median
|
--
|
30.46
|
27.02
|
34.57
|
--
|
Market Cap
17,685
Lower than Peers by 1,440
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
17,685
|
6,820
|
6,484
|
4,005
|
1,991
|
|
Peer Median
|
19,125
|
18,009
|
20,914
|
25,297
|
--
|