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Panacea Biotec Ltd (PANACEABIO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531349 NSE: PANACEABIO Pharmaceuticals & Drugs | Small Cap | Panacea Biotec Share Price

₹541.10 20.60 (3.96%)

As on 05-Jun'26 16:59

Panacea Biotec Ltd (PANACEABIO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531349 NSE: PANACEABIO Pharmaceuticals & Drugs | Small Cap | Panacea Biotec Share Price

₹541.10 20.60 (3.96%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,188 Cr.
Current Price
₹541.1
52-Week Low / High
₹293 / 541
TTM EPS
₹-4.9
TTM Sales
₹413 Cr.
Book Value per Share
₹46.6
P/E Ratio
0.00
Industry PE
46.5
Price to Book (P/B)
11.18
Higher than its 5-year historical median
Price to Sales (P/S)
7.71
Higher than its 5-year historical median
EV/EBITDA
17225.51
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-4.74%
Underperforms industry median
Return on Capital Employed (ROCE)
-2.13%
Underperforms industry median
Return on Assets (ROA)
-1.69%
Operating Profit Margin
-2.2%
Net Profit Margin
-4.91%
Gross Profit Margin
-1.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-13.83%
Operating Profit Growth (1 Year)
-
-148.91%
Net Profit Growth (1 Year)
-
-529.01%
Asset Quality
Promoter Holding
72.48%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹279 Cr.
Equity
₹6.1 Cr.
Face Value
₹1
All Time Low / High
₹3.35 / 581.00

Panacea Biotec stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Panacea Biotec Ltd a good quality company?
Panacea Biotec Ltd is a weak quality company, based on a inconsistent 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 Panacea Biotec Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Panacea Biotec Ltd vs industry peers?
Panacea Biotec Ltd revenue CAGR is -8.75%, compared to the industry median CAGR of 5.35%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Panacea Biotec Ltd?
Promoters hold 72.48% of the Panacea Biotec Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Panacea Biotec 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.
Panacea Biotec Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.2%1.5%3%11.5%1.1%-0.7%-16.1%-11.4%4.1%-2.1%-
Value Creation
Index
-0.3-0.9-0.8-0.2-0.9-1.1-2.2-1.8-0.7-1.2-

Growth Parameters

Sales 647530574444490344236257360310413
Sales YoY Gr.--18.1%8.3%-22.7%10.3%-29.8%-31.5%9.2%39.9%-13.8%-
Adj EPS -4.6-6.6-11.1-32.1-19.8-2.7-15.2-14.90.3-2.6-4.9
YoY Gr.-NANANANANANANANA-870.6%-
BVPS (₹) 18.574.463.468.3140.58367.853.253.751.346.6
Adj Net
Profit
-28.2-40.6-67.7-196-121-16.6-93.2-912.1-16-30
Cash Flow from Ops. 97.9104172107-82.938.3-52.7-10.733.13.9-
Debt/CF from Ops. 10.49.95.66.4-0.81.7-1.6-9.53.858-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -7.9%-8.8%9.6%-13.8%
Adj EPS NANANA-870.6%
BVPS12%-18.3%-8.9%-4.6%
Share Price 16% 6.7% 64.8% 20.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-5.2-8.2-16-48.7-18.5-2.4-20.2-24.60.6-5-10
Op. Profit
Mgn %
18.714.715.2-29.58.20.2-30.6-24.23.9-2.2-4.3
Net Profit
Mgn %
-4.4-7.7-11.8-44.2-24.8-4.8-39.6-35.40.6-5.2-7.2
Debt to
Equity
7.82.22.51.70.10.10.20.30.40.70.9
Working Cap
Days
311391359666651576582549393397132
Cash Conv.
Cycle
2647-81-39-207235-1814-14

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales647530574444490344236257360310
Operating Expenses + 534461493591480343308320345317
Manufacturing Costs63633640324379506768
Material Costs214169197180151176112163142103
Employee Cost 1401321371421235973718797
Other Costs 117971232291746444365049
Operating Profit 1136981-147100-73-6314-7
Operating Profit Margin (%) 17.4%13.1%14.2%-33.0%2.1%0.1%-30.9%-24.4%3.9%-2.2%
Other Income + 2654188442113342517
Exceptional Items 50-380334-1500000
Interest 11510410310514787101415
Depreciation 71665754272726242120
Profit Before Tax 1-84-6137-136-13-94-634-26
Tax 1-1111111720251-11
Profit After Tax 1-73-7227-153-14-94-884-15
PAT Margin (%) 0.1%-13.7%-12.5%6.0%-31.3%-4.2%-39.7%-34.1%1.0%-4.9%
Adjusted EPS (₹)0.1-11.9-11.74.3-25.0-2.4-15.3-14.30.6-2.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Panacea Biotec - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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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 + 540456388418861508415326329314
Share Capital 22666666666
Reserves 518450382412855502409320323308
Debt +997934765158646284102125228
Long Term Debt77971457188606284102125161
Short Term Debt218220194694000068
Minority Interest0000000000
Trade Payables17422724278136124145129116165
Others Liabilities 267304427939247267289338355174
Total Liabilities 1,9781,9201,8221,5931,307962933895925881

Fixed Assets

Net Fixed Assets +988942891496447398416385357348
Gross Block1,5181,5371,5431,088864826865852827837
Accumulated Depreciation531595652591416428449467470489
CWIP 192837341312897119
Investments 3953453453300000
Inventories137141149439987129116108152
Trade Receivables14217614225183523121121
Cash Equivalents 97128618943431262
Others Assets 2882822461,015676339321310340178
Total Assets 1,9781,9201,8221,5931,307962933895925881

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 98104172107-8338-53-11334
PBT 1-84-6137-136-13-94-634-26
Adjustment 133184160-682053236102730
Changes in Working Capital -58-373137-1442064341
Tax Paid 216-00-8-1-1-1-2-1
Cash Flow From Investing Activity + 23-18-3-8-19-37402-47-61
Capex -2-24-15-514-11-61-69-53
Net Investments 24-1-1-4-37-3044-114-15
Others 17131532287
Cash Flow From Financing Activity + -129-91-164-98109-71091390
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -39-16-29-16182118172125
Interest Paid -61-94-109-64-39-4-9-8-9-3
Dividend Paid 0000000000
Others -2919-26-19-34-400068
Net Cash Flow -8-5608-6-31-133

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.77-25.52-17.036.59-23.93-2.11-20.27-23.641.08-4.74
ROCE (%)10.151.482.9611.511.09-0.7-16.14-11.364.08-2.13
Asset Turnover Ratio0.320.280.310.260.350.310.250.280.40.34
PAT to CFO Conversion(x)98N/AN/A3.96N/AN/AN/AN/A8.25N/A
Working Capital Days
Receivable Days68.40106.70100.5068.8015.3027.8045.3025.1011.8018.70
Inventory Days78.209391.5078.7050.6097.60167173.10113.40152.40
Payable Days306.90432.70434.10324.70258.90269.20438306.70315.90499.30

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

Panacea Biotec Ltd FAQs

The current trading price of Panacea Biotec on 05-Jun-2026 16:59 is ₹541.1.

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 04-Jun-2026 the market cap of Panacea Biotec stood at ₹3,188.1 Cr

The latest P/E ratio of Panacea Biotec as of 04-Jun-2026 is 0.00.

The latest P/B ratio of Panacea Biotec as of 04-Jun-2026 is 11.18.

The 52-week high of Panacea Biotec is ₹541.1 and the 52-week low is ₹293.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Panacea Biotec is ₹413 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Panacea Biotec Ltd is a below average quality company.

The key valuation ratios of Panacea Biotec 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 Panacea Biotec Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Panacea Biotec Ltd

The company has product portfolio that’s caters therapeutics areas like pain management, diabetes and cardiovascular management, renal disease management, osteoporosis management, anti-tubercular, gastro-intestinal.

Panacea Biotec is the third largest biotechnology company (as per ABLE Survey, 2006), as well as among the top 50 pharmaceutical companies (as per ORG IMS July 2006) of India.

The company has been granted patents across countries like USA, U.K., France, Germany, Italy, Sweden, Denmark, Spain, Finland, Switzerland, The Netherlands, New Zealand, Mexico, Brazil, Nigeria, Zimbabwe, Australia, South Africa, Japan, Russia, Canada, Ukraine, Korea and China are among others.

Collaboration/ Strategic alliances The company has collaborated with Cambridge Biostability, U.K to develop thermo stable vaccines.

It has collaborated with National Institute of Immunology, India for Japanese Encephalitis candidate vaccine.

PBL has entered in strategic alliance with Biotech Consortium India to develop, manufacture and market of Anthrax vaccine.

The company has entered into an in-licensing arrangement with National Institute of Health, USA for use of a peptide based product for generation of hair follicles and hair growth.

The company has collaborated with Netherlands Vaccine Institute for inactivated polio vaccine.

It has collaborated with NRDC- India for Foot & Mouth Disease vaccine for veterinary use and Bio Farma-Indonesia for Measles vaccine.

The exclusive products based on patented Drug Delivery System include Panimun Bioral (Cyclosporine), Willgo, ThankGod (for comprehensive management of haemorrohoids), Xeed (anti-tubercular FDC with innovative Drug Delivery for optimum bioavailability of Rifampicin), Nimulid Safeinject, Nimulid MD, Nimulid Transgel. 

Commencing fiscal 2008, the company plans for international marketing of novel NDDS based pharmaceutical formulation products to the international markets, like USA, U.K., Germany, France, Latin American countries and Italy through marketing collaborations and are on the look out for partners for distribution & marketing.

Business areas Research and Development (R&D) – Under this the company primarily focuses on New Chemical Entities (NCE), New Biological Entities (NBE) and Novel Drug Delivery System (NDDS). The company has a team of 200 scientists working on different aspect of research across its four R&D centers.

Vaccines- Under this the company has product portfolio of oral polio vaccines and Hepatitis-B vaccines. It is obtaining pre-qualifications for others vaccines. The company markets its vaccines through Chiron Panacea Vaccines, this is a 50:50 joint venture with Novartis Vaccines, U.K

Formulations- It has created flagship brands like Willgo for pain management, Glizid & Glizid-M for diabetes; Panimun Bioral and Mycept for kidney transplant.

Panacea Biotec in 2009 signed an agreement with Popular Pharma for technology transfer, marketing and distribution of vaccines. Popular Pharma is engaged in manufacturing life saving drugs and has presence in various countries.

In 2010 Panacea Biotech's Baddi unit gets US FDA approval
In 2011 PanaceBiotec - Panacea Biotec Launches - PacliALL
In 2012 Panacea Biotech launches Inactivated Polio Virus vaccine in Nigeria
PanaceBiotec - Panacea Biotec inaugurates state of the art Oncology Production Unit
PanaceBiotec - Panacea Biotec Entered into Strategic Alliance with Osmotica Pharmaceutical
Panacea Biotec wins order worth Rs 187 cr from Govt to supply polio vaccines.

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