Manufactures and sells pharmaceutical formulations from its registered office in Sidhpur, North Gujarat, generating Rs 15.5852 crore of revenue in FY26, up roughly 12% from Rs 13.86 crore the prior year. The single biggest cost line is raw materials at 77% of revenue, with the company approving related-party purchases of psyllium husk from Urvesh and Company up to Rs 200 lakhs, signalling that ingredient is a key input. Employee cost runs at 6% of revenue and other operating expenses at 10.7%, while depreciation (0.9%) and capex (0%) are negligible. Profit after tax rose to Rs 0.7047 crore (a 72.8% increase) on an FY26 ebitda margin of 7.08%. The company carries no long-term borrowings, holds Rs 164.48 lakhs of cash, and reported net worth of Rs 384.34 lakhs as of 31 March 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Pharmaceutical formulations. Small, asset-light pharmaceutical formulations company with high raw-material intensity and minimal capex
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 14 | 13 | 18 | 14 | 16 |
| EBITDA (ex other income) | 0 | 0 | 1 | 1 | 1 |
| margin % | 2.3 | 3.3 | 3.1 | 3.7 | 6.0 |
| Owners' profit | 0 | 0 | 0 | 0 | 1 |
| EPS, as reported (₹) | 0.56 | 0.63 | 0.62 | 0.91 | 1.57 |
| ROE % · ROCE % | 11.6 · 19.9 | 11.5 · 15.8 | 10.2 · 18.5 | 13.0 · 16.9 | 18.3 · 18.7 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 0 | (0) | 1 | (0) | 1 |
| Capex | 0 | 0 | 0 | (0) | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 4 | 2 | 4 | 4 | 4 | 3 |
| Profit before tax | 1 | (0) | 0 | (0) | 0 | 1 | 0 | (0) |
| Net profit | 1 | (0) | 0 | (0) | 0 | 1 | 0 | (1) |
| EPS (₹) | 1.56 | (0.25) | 0.50 | 0.91 | 0.90 | 1.83 | 0.53 | 1.66 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUN PHARMACEUTICAL IND L | 4,41,471 | 36.5 | 5.26 | 23.7 | 13.7 | 17.5 | 11.8 | 32.3 |
| DIVI S LABORATORIES LTD | 2,47,033 | 84.6 | 14.74 | 63.7 | 15.3 | 18.8 | 8.7 | 42.8 |
| TORRENT PHARMACEUTICALS L | 1,68,062 | 79.3 | 9.56 | 41.5 | 12.2 | 8.0 | 11.8 | 33.1 |
| ZYDUS LIFESCIENCES LTD | 1,11,686 | 24.9 | 3.78 | 14.5 | 17.3 | 18.0 | 12.4 | 25.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · UNJHA FORMULATIONS - XML Filing for FY26 Financial Statements | compliance | minimal | — | — |
| 8 Sept 2026 · Unjha Formulations submits FY2026 financial statements to BSE | results | high | — | — |
| 14 Aug 2026 · 32nd AGM held Aug 14, 2026; key resolutions including MD reappointment passed | board shareholder meetings | low | — | — |
| 5 Aug 2026 · Unjha Formulations Q1 FY27 Results: Profit Falls 60% YoY | compliance | minimal | — | — |
| 3 Aug 2026 · UNJHA Formulations Q1 FY27 Results: PAT drops to 15.69 lakh from 38.99 lakh YoY | results | high | — | — |
| 3 Aug 2026 · Q1 FY27 results: revenue down 8.5% YoY, profit falls nearly 60% | results | high | — | — |
| 28 Jul 2026 · AGM 2026: Company fixes 7 August as e-voting cut-off date | board shareholder meetings | low | — | — |
| 20 Jul 2026 · Unjha Formulations files FY25-26 annual report, AGM on 14 August 2026 | board shareholder meetings | low | — | — |
| 20 Jul 2026 · 32nd Annual Report FY 2025-26 with AGM notice and strong profit growth | compliance | minimal | — | — |
| 20 Jul 2026 · AGM notice published in newspapers; 32nd AGM on 14 Aug 2026 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| CIPLA LTD | 1,10,352 | 32.7 | 3.20 | 16.9 | 11.2 | 14.7 | 8.0 | 19.7 |
| LAURUS LABS LIMITED | 1,06,375 | 97.2 | 19.59 | 59.3 | 16.4 | 17.2 | 7.2 | 32.0 |
| DR. REDDY S LABORATORIES | 97,319 | 30.1 | 2.55 | 13.1 | 10.9 | 13.0 | 12.1 | 15.0 |
| AUROBINDO PHARMA LTD | 96,656 | 26.3 | 2.55 | 13.4 | 9.2 | 12.6 | 6.3 | 23.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.8 | 28.9 | 14 of 169 | 92% |
| P/B | 3.9 | 3.3 | 96 of 163 | 41% |
| ROCE | 18.5 | 10.8 | 42 of 183 | 78% |
| ROE | 18.3 | 10.4 | 27 of 171 | 85% |
| Debt / Equity | 0.0 | 0.1 | 6 of 171 | 77% |
| EBITDA margin | (13.6) | 17.5 | 160 of 165 | 3% |
| Revenue growth | 38.6 | 16.3 | 29 of 161 | 83% |
| Profit growth | (82.8) | 30.9 | 143 of 158 | 10% |
| Market cap | 15 | 839 | 170 of 182 | 7% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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