SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Marksans Pharma Ltd (MARKSANS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524404 NSE: MARKSANS Pharmaceuticals & Drugs | Small Cap | Marksans Pharma Share Price

₹236.05 3.05 (1.31%)

As on 08-Jun'26 16:59

Marksans Pharma Ltd (MARKSANS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524404 NSE: MARKSANS Pharmaceuticals & Drugs | Small Cap | Marksans Pharma Share Price

₹236.05 3.05 (1.31%)

As on 08-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹10,697 Cr.
Current Price
₹236.1
52-Week Low / High
₹156 / 271
TTM EPS
₹6.6
TTM Sales
₹1,341 Cr.
Book Value per Share
₹36.5
P/E Ratio
35.57
In line with its 5-year historical median
Industry PE
46.6
Price to Book (P/B)
6.47
Higher than its 5-year historical median
Price to Sales (P/S)
7.97
Higher than its 5-year historical median
EV/EBITDA
24.00
In line with its 5-year historical median
Dividend Yield
0.36%
Profitability Efficiency
Return on Equity (ROE)
14.45%
Outperforms industry median
Return on Capital Employed (ROCE)
18.76%
Outperforms industry median
Return on Assets (ROA)
11.26%
Operating Profit Margin
17.7%
Net Profit Margin
16.03%
Gross Profit Margin
23.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
37.63%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
45.81%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
40.75%
Asset Quality
Promoter Holding
43.87%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,607 Cr.
Equity
₹45.3 Cr.
Face Value
₹1
All Time Low / High
₹0.70 / 358.50

Marksans Pharma stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Marksans Pharma Ltd a good quality company?
Marksans Pharma Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Marksans Pharma Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Marksans Pharma Ltd vs industry peers?
Marksans Pharma Ltd revenue CAGR is 22.06%, compared to the industry median CAGR of 5.35%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Marksans Pharma Ltd?
Promoters hold 43.87% of the Marksans Pharma Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Marksans Pharma Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 16.9% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Marksans Pharma Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 22.5%3.4%4.9%12%11.4%23.5%19.9%14.3%14.8%18.8%-
Value Creation
Index
0.6-0.8-0.7-0.1-0.20.70.40.00.10.4-

Growth Parameters

Sales 3582162954244336006586558531,1741,341
Sales YoY Gr.--39.7%36.5%44%2.2%38.3%9.8%-0.5%30.2%37.6%-
Adj EPS 1.70.10.210.92.42.21.82.83.96.6
YoY Gr.--94%80%450%-6.1%160.2%-9.5%-16.4%54.1%36.5%-
BVPS (₹) 1010.210.511.512.414.716.924.52730.536.5
Adj Net
Profit
68.33.97.340.737.999.189.583.1128175301
Cash Flow from Ops. 64.8-13.615.619.81081075651.734.131-
Debt/CF from Ops. 0.6-5.44.33.9000.1000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 14.1%22.1%21.3%37.6%
Adj EPS 9.7%32.9%20.7%36.5%
BVPS13.2%19.8%21.8%13.2%
Share Price 18.2% 27.6% 38.4% -6.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
17.50.91.797.817.912.98.81113.419.8
Op. Profit
Mgn %
27.86.39.914.916.519.117.312.816.417.724.1
Net Profit
Mgn %
19.11.82.59.68.816.513.612.71514.922.4
Debt to
Equity
0.10.20.20.20000000
Working Cap
Days
206352278223227165187238253240161
Cash Conv.
Cycle
127260208160157105121146143133121

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3582162954244336006586558531,174
Operating Expenses + 259202266361362486545582713970
Manufacturing Costs22191921182317407295
Material Costs178112169236245338378394479640
Employee Cost 264046464955605677102
Other Costs 333132575070909185133
Operating Profit 991429637111411473140204
Operating Profit Margin (%) 27.7%6.3%9.9%14.9%16.5%19.0%17.3%11.1%16.4%17.4%
Other Income + 13187803142796270
Exceptional Items 0000000000
Interest 6487754411
Depreciation 1515129121518172929
Profit Before Tax 9212175653124135132172243
Tax 200412152631293855
Profit After Tax 711212443898104103134188
PAT Margin (%) 20.0%5.4%4.2%10.3%8.8%16.4%15.8%15.7%15.7%16.0%
Adjusted EPS (₹)1.80.30.31.10.92.42.52.33.04.2
Dividend Payout Ratio (%)6.90%17.70%16.50%4.70%10.80%10.40%9.80%22%20.30%19.30%

Valuation of Marksans Pharma - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4234194294715066006921,1111,2231,383
Share Capital 53414141414141454545
Reserves 3693783884304655596511,0661,1771,338
Debt +41736677005000
Long Term Debt0000000000
Short Term Debt41736677005000
Minority Interest0000000000
Trade Payables31213437576474112160204
Others Liabilities 393331404897218146166209
Total Liabilities 5345465606256107619891,3691,5481,796

Fixed Assets

Net Fixed Assets +979488103115129136144272383
Gross Block184196202225249277301319414555
Accumulated Depreciation87102114122134148166175143172
CWIP 0000000400
Investments 231234236236236236237266293266
Inventories442942707594104131191205
Trade Receivables133155169178162169247305370550
Cash Equivalents 33123106224440312269
Others Assets 2531243619274378111123
Total Assets 5345465606256107619891,3691,5481,796

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 65-14162010810756523431
PBT 9212175653124135132172243
Adjustment 913201219-9-811-16-8
Changes in Working Capital -15-22-16-354612-39-60-83-158
Tax Paid -20-16-5-13-10-20-32-32-39-47
Cash Flow From Investing Activity + -177-8-8-20-249-128-195-11417
Capex -22-12-6-23-24-21-23-35-155-120
Net Investments -164-3-2000-120-149-489
Others 970302915-104548
Cash Flow From Financing Activity + -5221-101-82-1471210-26-30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -3-4-8-7-7-5-3-400
Dividend Paid -7-6-2-2-2-4-11-10-23-27
Others -4231010-72-485224-4-3
Net Cash Flow -164-1-212102-167-10618

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)18.912.792.939.77.7717.816.1111.4111.4614.45
ROCE (%)22.453.444.9211.9911.3923.4619.9114.2714.8118.76
Asset Turnover Ratio0.670.40.530.720.70.880.760.590.590.7
PAT to CFO Conversion(x)0.92-1.171.330.452.841.090.540.50.250.16
Working Capital Days
Receivable Days131.50243.70200.50149.2014399.90114144.90144.10142.40
Inventory Days48.3061.7044.3048.506150.8054.1061.6068.7061.30
Payable Days77.8084.5058.5054.8069.8065.306786.10103.40103.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Marksans Pharma Ltd FAQs

The current trading price of Marksans Pharma on 08-Jun-2026 16:59 is ₹236.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Jun-2026 the market cap of Marksans Pharma stood at ₹10,696.9 Cr

The latest P/E ratio of Marksans Pharma as of 07-Jun-2026 is 35.57.

The latest P/B ratio of Marksans Pharma as of 07-Jun-2026 is 6.47.

The 52-week high of Marksans Pharma is ₹270.6 and the 52-week low is ₹156.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Marksans Pharma is ₹1,341 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Marksans Pharma Ltd is a average quality company.

The key valuation ratios of Marksans Pharma Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Marksans Pharma Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Marksans Pharma Ltd

Marksans Pharma is at the forefront of the pharmaceutical industry, distinguished by a customer-centric approach. Specializing in Over-the-Counter (OTC) and prescription drugs, the company has cultivated a strong presence in highly regulated markets. Leveraging robust Research and Development (R&D) capabilities and advanced manufacturing facilities both domestically and internationally, the company is among the top five Indian Companies in the United Kingdom. The company’s strategic emphasis on optimizing supply chain efficiencies has facilitated substantial business expansion across key global markets. The company’s high-quality and expansive portfolio has led to a growing foothold in the USA as well.

Headquartered in Mumbai, the company has built a robust global footprint, actively operating in over several countries worldwide. The company’s integrated business approach, supported by a talented workforce, positions it for sustained long-term growth with a focus on value creation. The company’s key focus areas lie in the OTC & prescription drugs that have wide-ranging applications across fields like Pain Management, Cough and Cold, Digestives, CVS, CNS Oncology, Antidiabetic, and Antibiotics, among others.

At the core of its operations is an unwavering commitment to quality. Rigorous Quality Control (QC) and Quality Assurance (QA) processes have positioned it as a niche player in the pharmaceutical ecosystem. Adherence to Current Good Manufacturing Practices (cGMP) norms is integral to its operations. Continuous improvement initiatives across products, processes, and skills ensure its offerings evolve to meet changing client needs. The company’s world-class manufacturing facilities have garnered approval from esteemed institutions such as the US FDA, UK MHRA, Australian TGA, and other foreign health authorities.

Business area of the company 

The company is a globally-trusted, customer-centric pharmaceutical company with a strong presence in regulated markets. The company specialises in developing and manufacturing & distributing both over-the-counter (OTC) and prescription (Rx) drugs, aligning its offerings with the evolving needs of patients and healthcare providers across the world.

Formulations business product portfolio

  • Tablets (plain, enteric-coated and film-coated)
  • Hard capsules
  • Soft gelatin capsules
  • Oral liquids
  • Ointments

Consumer Self-Care Products

  • Pain Management - Arthritis
  • Upper Respiratory - Cough & Cold and Allergy
  • Digestive Health
  • VMS (Vitamins Minerals and Supplements)
  • Skin Care Products

Prescription - Rx Therapeutic Segments

  • Cardiovascular System (CVS)
  • Central Nervous System (CNS)
  • Oncology
  • Anti-Diabetics
  • Anti-Biotic

Milestones

  • 2001: Marksans was incorporated as a wholly owned subsidiary of Glenmark Pharmaceuticals Ltd.
  • 2003: Spun off into a separate entity – Glenmark Laboratories Ltd. 
  • 2003: Changed its name to ‘Marksans Pharma Ltd’
  • 2005: Acquired Nova Pharmaceuticals Australasia Pty Ltd
  • 2007: Acquired Bell, Sons & Co. (Druggists) Ltd. UK
  • 2008: Acquired Relonchem Ltd. UK
  • 2009: Marksans Pharma establlished itself as a global player
  • 2015: Acquired TimeCapLaboratories Inc. USA
  • 2017: Increased focus on OTC segment in US market
  • 2022: Acquired Access Healthcare Dubai
  • 2023: Raised Rs 372.40 crore in equity via conversion of warrants issued to OrbiMed and Promoters. 
  • 2023: Acquired a manufacturing facility from Tevapharm India.
  • 2024: Marksans crossed Rs 2,000 crore revenue.
  • 2026: Incorporated two new wholly owned subsidiary companies by name Marksans Pharma (Europe) and Marksans (Canada) Inc.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×