SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Phaarmasia Ltd (523620)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523620 NSE: Pharmaceuticals & Drugs | Small Cap | Phaarmasia Share Price

₹83.47 3.97 (4.99%)

As on 04-Jun'26 16:59

Phaarmasia Ltd (523620)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523620 NSE: Pharmaceuticals & Drugs | Small Cap | Phaarmasia Share Price

₹83.47 3.97 (4.99%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹57 Cr.
Current Price
₹83.5
52-Week Low / High
₹26 / 132
TTM EPS
₹25.7
TTM Sales
₹47.2 Cr.
Book Value per Share
₹32.4
P/E Ratio
3.24
Industry PE
46.5
Price to Book (P/B)
2.58
In line with its 5-year historical median
Price to Sales (P/S)
1.21
Higher than its 5-year historical median
EV/EBITDA
16.62
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-30.12%
Underperforms industry median
Return on Capital Employed (ROCE)
-30.07%
Underperforms industry median
Return on Assets (ROA)
-6.00%
Operating Profit Margin
-8.3%
Net Profit Margin
-6.52%
Gross Profit Margin
-5.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-20.33%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
73.51%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹15 Cr.
Equity
₹6.8 Cr.
Face Value
₹10
All Time Low / High
₹0.05 / 420.00

Phaarmasia stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Phaarmasia Ltd a good quality company?
Phaarmasia Ltd is a quality company, based on a 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 Phaarmasia Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Phaarmasia Ltd vs industry peers?
Phaarmasia Ltd revenue CAGR is -0.07%, 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 Phaarmasia Ltd?
Promoters hold 73.51% of the Phaarmasia Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Phaarmasia Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10.5% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Phaarmasia 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 % 3.4%3.6%9.3%10.4%11.1%5.2%-18%-19.2%-8%-30.1%-
Value Creation
Index
-0.8-0.7-0.3-0.3-0.2-0.6-2.3-2.4-1.6-3.2-

Growth Parameters

Sales 21.614.420.224.224.519.917.227.530.624.447
Sales YoY Gr.--33.6%40.5%19.9%1%-18.6%-13.5%59.6%11.3%-20.3%-
Adj EPS 0.10.20.81.10.80.5-2.3-1.8-0.8-2.325.7
YoY Gr.-300%250%26.2%-25.5%-41.8%-593.5%NANANA-
BVPS (₹) 11.210.911.412.613.413.811.59.68.96.632.4
Adj Net
Profit
00.20.60.70.50.3-1.6-1.3-0.5-1.618
Cash Flow from Ops. 0.3-0.10.90.10.10.3-0.20.70.1-0-
Debt/CF from Ops. 0.1-0.80.33.31.10.2-0.2000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.3%-0.1%12.3%-20.3%
Adj EPS -250.2%-224.2%NANA
BVPS-5.7%-13.3%-16.9%-25.8%
Share Price 10.8% 19.5% 48.8% 203.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.31.44.85.84.12.3-12-11-4.9-16.7132.2
Op. Profit
Mgn %
10.92.433.4-0.3-10.1-5.6-2.7-8.34
Net Profit
Mgn %
0.21.12.832.21.6-9-4.6-1.7-6.537.2
Debt to
Equity
00000000000.1
Working Cap
Days
6388113191293262177154198204112
Cash Conv.
Cycle
-44-53-39-47-1426-15-34-5148

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales21.6114.3620.1824.2024.4519.9017.2227.4930.5924.37
Operating Expenses + 21.3914.2319.6923.4723.6319.9618.9529.0331.4126.38
Manufacturing Costs5.586.278.938.108.365.285.8411.0810.038.79
Material Costs4.114.277.2511.1612.4212.2110.5514.8818.2314.37
Employee Cost 1.451.421.661.551.401.271.171.411.531.68
Other Costs 10.262.271.842.651.461.201.401.661.631.54
Operating Profit 0.220.130.490.730.82-0.06-1.74-1.54-0.82-2.01
Operating Profit Margin (%) 1.0%0.9%2.4%3.0%3.3%-0.3%-10.1%-5.6%-2.7%-8.3%
Other Income + 0.530.580.690.600.580.890.470.520.660.75
Exceptional Items 0000000000
Interest 0.010.010.040.040.040.0100.040.040.02
Depreciation 0.500.440.470.460.400.340.290.360.340.32
Profit Before Tax 0.240.270.680.830.960.48-1.56-1.43-0.55-1.60
Tax 0.200.100.110.050.420.17-0.02-0.17-0.03-0.01
Profit After Tax 0.040.160.570.780.540.31-1.55-1.26-0.52-1.59
PAT Margin (%) 0.2%1.1%2.8%3.2%2.2%1.6%-9.0%-4.6%-1.7%-6.5%
Adjusted EPS (₹)0.10.20.81.10.80.5-2.3-1.8-0.8-2.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Phaarmasia - 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 + 11.8711.6612.0212.8213.4113.6512.0610.8110.308.74
Share Capital 6.836.836.836.836.836.836.836.836.836.83
Reserves 5.044.835.205.996.586.835.233.983.471.91
Debt +00.050.120.160.080.050.030.0100
Long Term Debt00.050.1200.030.020.010.0100
Short Term Debt0000.160.050.030.02000
Minority Interest0000000000
Trade Payables3.495.407.4117.8918.266.658.1316.5420.0811.96
Others Liabilities 3.282.442.372.381.851.561.021.041.060.89
Total Liabilities 18.6319.5421.9233.2633.6021.9121.2428.4031.4321.59

Fixed Assets

Net Fixed Assets +14.1113.7414.1813.8013.4013.0612.7612.7912.4812.32
Gross Block34.5014.1815.0815.1215.1215.1215.1215.4015.5315.70
Accumulated Depreciation20.380.440.911.331.722.072.362.613.053.37
CWIP 0000000000
Investments 0000000000
Inventories0.191.031.295.976.082.634.246.368.503.06
Trade Receivables2.913.563.7911.7612.324.273.197.518.053.11
Cash Equivalents 0.440.150.190.190.150.380.220.690.630.36
Others Assets 0.981.052.471.541.641.570.821.061.782.74
Total Assets 18.6319.5421.9233.2633.6021.9121.2428.4031.4321.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.28-0.080.880.060.080.25-0.180.650.11-0
PBT 0.240.270.680.830.960.48-1.56-1.43-0.55-1.60
Adjustment 0.510.430.260.480.470.250.240.380.350.28
Changes in Working Capital -0.25-0.680.07-1.09-1.09-0.241.321.710.31.32
Tax Paid -0.22-0.11-0.13-0.17-0.26-0.24-0.17000
Cash Flow From Investing Activity + -0.28-0.18-0.92-0.10-000.01-0.01-0-0.12
Capex -0.28-0.07-0.90-0.08000-0.03-0.03-0.17
Net Investments 0000000000
Others 0-0.11-0.02-0.02-000.010.010.030.05
Cash Flow From Financing Activity + 0.16-0.020.080.04-0.11-0.020-0.16-0.16-0.15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.05-0.020.080.04-0.11-0.020-0.02-0.010
Interest Paid -0.01000000-0.02-0.04-0.02
Dividend Paid 0000000000
Others 0.13000000-0.12-0.11-0.13
Net Cash Flow 0.17-0.290.04-0-0.030.23-0.170.48-0.06-0.27

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.552.167.549.516.083.36-17.96-17.5-8.21-30.12
ROCE (%)3.353.639.3210.3511.075.24-18-19.24-7.95-30.07
Asset Turnover Ratio1.141.051.030.930.730.720.81.111.020.92
PAT to CFO Conversion(x)7-0.51.540.080.150.81N/AN/AN/AN/A
Working Capital Days
Receivable Days38.1058.9062.70110.70179.70152.1079.1071.1092.8083.60
Inventory Days12.5011.1019.8051.6089.908072.9070.4088.6086.60
Payable Days286.60379.40322.20413.80531.30372.40255.90302.60366.70406.80

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

Phaarmasia Ltd FAQs

The current trading price of Phaarmasia on 04-Jun-2026 16:59 is ₹83.47.

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 03-Jun-2026 the market cap of Phaarmasia stood at ₹56.98 Cr

The latest P/E ratio of Phaarmasia as of 03-Jun-2026 is 3.24.

The latest P/B ratio of Phaarmasia as of 03-Jun-2026 is 2.58.

The 52-week high of Phaarmasia is ₹131.8 and the 52-week low is ₹26.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Phaarmasia is ₹47.21 ( Cr.) .

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

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

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

About Phaarmasia Ltd

The company was incorporated on  February 6,1981 as Phaarmasia Private Limited, and the company was converted into a public limited company, Phaarmasia Limited on February 15, 1992, it is into manufacturing of pharmaceutical formulations. Company's facilities are spread over in 3 acres of land with built up area of 90,000 sq.ft.

The company was established for  carrying on the business as manufacturers, buyers, sellers, importers, exporters, distributors, agents and or otherwise deal as wholesalers, or retailers in drugs, medicines, pharmaceuticals, chemicals and other intermediates, dyes pigments, paints, rubber chemicals, phyto chemicals, hormones, agro-chemicals, veterinary and poultry products, food and nutritional products, house-hold remedies, biological and herbal products.

Phaarmasia’s registered office is located at 16,Phase III, I.D.A Jeedimetla, Hyderabad, Andhra Pradesh 500 055, India.

The company had restructured its Paid up Share Capital account of 91,34,800 Equity Shares of Rs 10 each fully paid up as on 31st, March,2005 by reducing / debiting the amount of Rs 730.78 lakhs for setting off the Accumulated Losses of the Company and has further allotted 50,00,000 Equity Shares of Rs 10each to promoters and Associates for Rs 250 lakhs and balance to Unsecured Creditors as approved in the above Scheme of Arrangement.

Product range of the company includes:

Phaarmasia’s product range includes amexine, angicare, flamfort, nasorel, flemkof, ginadox, medix and ziron. Its amexine is an antibiotic, which is used for upper respiratory tract infections, mucolytic and expectorant.

Company also provides nasorel PR, which is a therapeutic category that comes under antihistamine and sympathomimetic.

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:

×