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NSE:BALPHARMA

BAL PHARMA LTD.

Healthcare › Pharmaceuticals & Biotechnology
₹93.00
at close · 9 Oct 2026
▼ 2.45 (-2.57%)

Latest filings

  1. Compliance certificate for share dematerialisation for Q2 FY26 · Compliance
  2. Bal Pharma directors swap executive roles effective Oct 1, 2026 · Management Changes
  3. Bal Pharma 39th AGM: All 7 resolutions passed, Rs 1.20 dividend approved · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures pharmaceutical products, with consolidated FY26 revenue of Rs 311.66 crore. The company is building a greenfield active pharmaceutical ingredient (API) manufacturing facility at Yadagiri, Karnataka, with a project cost of about Rs 300 crore, for which land has been acquired and environmental clearance obtained. Materials and inputs make up 51.6% of revenue and employee costs 21.3%, making raw materials the largest cost line. FY26 consolidated net profit was Rs 6.32 crore and EBITDA margin 10.86%. Depreciation is 3.6% of revenue and other operating expenses 17.8% of revenue. The board recommended a final dividend of Rs 1.20 per equity share (12% on Rs 10 face value) for FY26.

Operating scale
FY26 consolidated revenue
Rs 311.66 croreFY26
Greenfield API project cost
About Rs 300 croreFY26
API plant location
Yadagiri, KarnatakaFY26
FY26 EBITDA margin
10.86%FY26
FY26 total assets
Rs 375.54 croreFY26
FY26 recommended dividend
Rs 1.20 per share (12% on Rs 10 face value)FY26
Who pays it
Pharmaceutical buyers such as formulators and distributors (domestic and export markets not specified in the pack).
Biggest cost
Raw materials and inputs at 51.6% of revenue, the largest cost line.
Kind of business
Asset-heavy pharmaceutical manufacturing with significant employee and raw material intensity.
Where it sits
Small-cap pharmaceutical company by revenue scale, expanding API manufacturing capacity through a new greenfield plant in Karnataka.
Market Cap
₹152 Cr
P / E (TTM)
21.0×
EV / EBITDA
8.7×
Div Yield
0.01%
Growth
4.5%▲
Revenue 5y CAGR
PAT +6.1% · EBITDA +5.7%
Quality
18.9%▲
ROCE (5y median)
ROE 9.3% (5y median) · margin 10.9%
Leverage
1.94·
Debt / Equity · high
Net debt ₹157 Cr
Revenue FY21→FY26
1.2×▲
Margin +0.1 pts
₹251 Cr → ₹312 Cr
Cash conversion
14.09×▲
Operating cash ÷ profit · 5 yrs
₹413 Cr on ₹29 Cr
Moves on a normal day
1.27%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 185 Pharmaceuticals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#50/158
P/B#47/163
ROCE#129/183
ROE#100/166
Debt / Equity#161/166
EBITDA margin#124/165
Revenue growth#38/161
Profit growth#14/158

Scorecard

Measured from the filed financials, judged against its Pharmaceuticals peers · as of FY26 — not investment advice

Strengths
Returns on capital 18.9% (5-year median)
#129 of 183 in Pharmaceuticals on the latest reported figures
Over 5 years it reported ₹29 Cr of profit and ₹413 Cr of operating cash — 14.09×
Profit is converting into cash
Concerns
Slow revenue growth — 5% a year over 5 years
Erratic profits — up in only 2 of the last 5 years
Carries more debt than its peers — 1.94× equity
higher than 97% of its 166 Pharmaceuticals peers
Heavy working capital — 142 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

BALPHARMA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from BAL PHARMA LTD.'s filed financials and exchange disclosures

What does BAL PHARMA LTD. do?

BAL PHARMA LTD. is a Pharmaceuticals & Biotechnology company listed on NSE and BSE, trading under the symbol BALPHARMA.

Is BAL PHARMA LTD. profitable?

Yes. Over the trailing twelve months BAL PHARMA LTD. reported a net profit of ₹7.25 Cr on revenue of ₹334 Cr.

Does BAL PHARMA LTD. pay a dividend?

Yes. The dividend yield is 0.01% at the current price. It paid out 0% of its profit as dividend in FY26.

Is BAL PHARMA LTD. debt-free?

No. It reported borrowings of ₹160 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹157 Cr after cash. Debt stands at 1.94× equity. That is higher than 97% of its 166 Pharmaceuticals peers.

Is BAL PHARMA LTD. expensive compared with its peers?

On trailing P/E, BAL PHARMA LTD. ranks 50 of 158 in Pharmaceuticals — cheaper than 69% of them, against an industry median of 31.2×. This is a position, not a valuation judgement.

How much does the BAL PHARMA LTD. share price move in a day?

On a typical session BAL PHARMA LTD. moves 1.27% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track BAL PHARMA LTD.'s announcements?

Every NSE and BSE filing by BAL PHARMA LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.