Shilpa Medicare Key Ratios
NSE: SHILPAMED | BSE: 530549
₹991.50
As on 13-Nov-2026IST
Market cap
₹19,423 Cr
Revenue (TTM)
₹1,842 Cr
P/E Ratio
58.4
P/B Ratio
7
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 13.60 | 42.96 | 37.26 | 18.77 | 14.60 |
| EBIT | 6.98 | 37.44 | 56.89 | 73.31 | 41.89 |
| Net Profit | -21.19 | 80.41 | 84.14 | 205.74 | 58.48 |
| EPS | -21.51 | 79.67 | 142.22 | 199.48 | 49.55 |
| 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 | 20.75 | 16.97 | 15.02 |
| Net Margin
| 12.84 | 5.23 | 16.63 | 15.18 | 5.92 |
| Return on equity
| 3.02 | 3.46 | 11.81 | 9.82 | 3.75 |
| Return on Capital
| 4.15 | 6.12 | -- | 11.43 | 6.95 |
| Return on Assets
| 2.69 | 2.32 | 8.09 | 6.97 | 2.45 |
| Debt to Equity (x)
| -- | -- | 0.08 | 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
|
--
|
19.41
|
21.76
|
21.89
|
--
|
ROE
11.81
Lower than Peers by 3.46
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
11.81
|
9.82
|
3.75
|
1.78
|
-1.71
|
|
Peer Median
|
15.26
|
18.29
|
17.93
|
16.42
|
--
|
ROA
8.09
Lower than Peers by 2.07
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
8.09
|
6.97
|
2.45
|
1.07
|
-1.07
|
|
Peer Median
|
10.16
|
9.88
|
12.81
|
12.32
|
--
|
EBIT Margin
20.75
Higher than Peers by 2.18
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
20.75
|
16.97
|
15.02
|
11.08
|
-0.69
|
|
Peer Median
|
18.57
|
18.50
|
18.93
|
21.05
|
--
|
Net Margin
16.63
Higher than Peers by 2.12
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
16.63
|
15.18
|
5.92
|
2.73
|
-2.86
|
|
Peer Median
|
14.51
|
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
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
--
|
23.59
|
14.87
|
12.14
|
6.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
37.26
Higher than Peers by 24.99
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
37.26
|
19.62
|
11.71
|
9.66
|
-8.33
|
|
Peer Median
|
12.27
|
13.53
|
10.90
|
13.44
|
--
|
EBIT Growth
56.89
Higher than Peers by 35.43
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
56.89
|
35.14
|
51.42
|
1,865.53
|
-106.16
|
|
Peer Median
|
21.45
|
20.72
|
15.01
|
23.50
|
--
|
Net Profit Growth
84.14
Higher than Peers by 61.56
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
84.14
|
210.81
|
145.00
|
203.36
|
-151.03
|
|
Peer Median
|
22.58
|
18.28
|
14.80
|
30.12
|
--
|
EPS Growth
142.22
Higher than Peers by 121.77
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
142.22
|
210.80
|
118.00
|
198.15
|
-153.54
|
|
Peer Median
|
20.45
|
18.72
|
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
0.08
Higher than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
0.08
|
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
1.26
Lower than Peers by 0.73
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
1.26
|
1.31
|
1.46
|
1.26
|
0.98
|
|
Peer Median
|
1.98
|
1.90
|
1.90
|
2.23
|
--
|
Quick Ratio
0.82
Lower than Peers by 0.67
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
0.82
|
0.88
|
0.94
|
0.77
|
0.58
|
|
Peer Median
|
1.49
|
1.40
|
1.46
|
1.59
|
--
|
Interest Coverage
8.31
Lower than Peers by 10.79
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
8.31
|
6.02
|
2.62
|
1.59
|
0.35
|
|
Peer Median
|
19.10
|
19.02
|
24.96
|
45.29
|
--
|
Operating Efficiency
Debtors to sales
29.09
Higher than Peers by 7.42
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
29.09
|
33.72
|
34.26
|
34.04
|
30.89
|
|
Peer Median
|
21.67
|
20.44
|
21.77
|
20.10
|
--
|
Asset Turnover
0.48
Lower than Peers by 0.23
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
|
0.71
|
0.72
|
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
58.43
Higher than Peers by 24.47
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
|
58.43
|
28.03
|
41.41
|
125.64
|
--
|
|
Peer Median
|
33.96
|
33.96
|
26.81
|
39.85
|
--
|
Price / Book Value
7.04
Higher than Peers by 2.66
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
|
7.04
|
2.63
|
2.74
|
2.21
|
1.12
|
|
Peer Median
|
4.38
|
4.65
|
4.65
|
6.11
|
--
|
Dividend Yield
0.06
Lower than Peers by 0.43
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
|
0.06
|
0.17
|
0.15
|
--
|
--
|
|
Peer Median
|
0.49
|
0.49
|
0.61
|
0.37
|
--
|
EV/EBITDA
38.03
--
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
|
38.03
|
16.72
|
20.55
|
19.43
|
23.11
|
|
Peer Median
|
--
|
25.34
|
27.02
|
34.57
|
--
|
Market Cap
19,423
No difference
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Shilpa Medicare
|
19,423
|
6,820
|
6,484
|
4,005
|
1,991
|
|
Peer Median
|
19,423
|
18,140
|
20,914
|
25,297
|
--
|