Eris Lifesciences
Eris Lifesciences
HealthcareKey Fundamentals
SmallcapPharmaceuticalsHealthcareTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
2- Stock is trading at 4.81 times its book value
- Tax rate seems low
Growth Rate
AI Analysis — Bull vs Bear
ERIS Lifesciences, with a market cap of ₹18,698 Cr and a PE of 28.2x, is a mid-cap specialty pharma company that has delivered 23% compounded sales growth over 3 years and 69% TTM profit growth. ROE stands at 19% for the last year, while the stock has declined 20% over the past 1 year despite solid underlying earnings expansion.
- Strong TTM profit growth of 69% indicates a significant jump in earnings, suggesting operating leverage or margin expansion kicking in
- Compounded sales CAGR of 23% over 3 years and 21% over 5 years reflects consistent above-industry revenue growth
- Last year ROE of 19% and 5-year average ROE of 18% demonstrate sustained capital efficiency well above cost of equity for most pharma companies
- 10-year compounded sales CAGR of 18% shows a long track record of durable revenue growth across market cycles
- 10-year compounded profit CAGR of 17% alongside 10-year average ROE of 21% indicates the business has historically generated strong shareholder returns
- Stock has corrected 20% over the past 1 year despite strong earnings growth, meaning valuations have compressed from prior peaks
- Dividend yield of 0.53% while modest, indicates the company returns some cash to shareholders even while investing in growth
- PE ratio of 28.2x is elevated for a pharma company with 10% TTM sales growth, implying the market is pricing in acceleration that may not materialize
- Stock trades at 4.82x book value, which is rich and leaves limited margin of safety if growth slows
- 1-year stock CAGR of -20% signals that the market has been de-rating the stock despite earnings growth, possibly reflecting concerns not visible in headline numbers
- Tax rate flagged as seemingly low, which could mean current earnings are inflated by tax benefits that may normalize over time, compressing net profit
- TTM sales growth has decelerated to 10% compared to 23% 3-year CAGR and 21% 5-year CAGR, suggesting a potential slowdown in topline momentum
- 5-year compounded profit CAGR of only 12% versus 21% sales CAGR over the same period indicates profits have historically lagged revenue growth, raising margin sustainability questions
- 3-year ROE of 16% is lower than the 10-year average of 21%, suggesting returns on equity have been trending downward from peak levels
- Debt-to-equity and ROCE data are unavailable, limiting visibility into the company's leverage and true capital efficiency
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- ₹45Cr term loan from Axis Bank Sep 9
Eris Lifesciences secured a ₹45 crore term loan from Axis Bank to meet other liabilities. The company stated this routine adjustment will not impact its expected net debt figure at quarter-end.
- FY26 BRSR report filed Sep 2
Eris submitted its Business Responsibility and Sustainability Report for FY26, covering environmental metrics, workforce data, and governance disclosures for standalone India operations.
- Independent director reappointed Aug 31
Board reappointed Sujesh Vasudevan as independent director for five years. The 20th AGM is scheduled for September 25, 2026.
- Investor meets with fund houses Sep 7
Eris scheduled investor meetings with Bank of India Mutual Fund on Sep 10 and HBM Partners AG on Aug 27, represented by senior management including Amit Bakshi and Krishnakumar Vaidyanathan.
TL;DR: A quiet period for Eris Lifesciences with no material positive or negative catalysts. Activity is limited to routine corporate governance actions, a small ₹45 crore term loan described as having no impact on net debt, and standard investor engagement. No operational or strategic red flags, but also no growth triggers visible in this news cycle. Watch for any updates around the Sep 25 AGM for forward-looking commentary.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 467 | 505 | 486 | 551 | 720 | 741 | 727 | 705 | 773 | 792 | 807 | 757 | 873 |
| Expenses | 297 | 324 | 311 | 402 | 470 | 477 | 477 | 453 | 496 | 504 | 526 | 484 | 577 |
| Operating Profit | 170 | 181 | 176 | 148 | 250 | 265 | 250 | 252 | 277 | 288 | 282 | 272 | 296 |
| OPM % | 36% | 36% | 36% | 27% | 35% | 36% | 34% | 36% | 36% | 36% | 35% | 36% | 34% |
| Other Income | 1 | 3 | 4 | 15 | 2 | 5 | 4 | 8 | 4 | 3 | -17 | 2 | 2 |
| Interest | 17 | 16 | 18 | 33 | 60 | 59 | 57 | 54 | 49 | 50 | 49 | 46 | 47 |
| Depreciation | 41 | 42 | 46 | 54 | 76 | 80 | 81 | 77 | 71 | 69 | 70 | 70 | 72 |
| PBT | 112 | 126 | 116 | 77 | 116 | 129 | 116 | 129 | 161 | 173 | 145 | 159 | 179 |
| Tax % | 17% | 3% | 12% | -4% | 22% | 25% | 25% | 21% | 22% | 22% | 25% | -75% | 20% |
| Net Profit | 94 | 122 | 101 | 80 | 90 | 96 | 87 | 102 | 125 | 134 | 109 | 279 | 143 |
| EPS in Rs | 6.98 | 9.07 | 7.55 | 5.22 | 6.12 | 6.73 | 6.15 | 6.89 | 8.66 | 8.82 | 7.32 | 20.33 | 10.28 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 546 | 597 | 750 | 856 | 982 | 1,074 | 1,212 | 1,347 | 1,685 | 2,009 | 2,894 | 3,129 | 3,230 |
| Expenses | 427 | 425 | 480 | 533 | 637 | 702 | 781 | 858 | 1,146 | 1,332 | 1,876 | 2,009 | 2,092 |
| Operating Profit | 118 | 172 | 269 | 322 | 345 | 372 | 431 | 489 | 539 | 677 | 1,018 | 1,120 | 1,138 |
| OPM % | 22% | 29% | 36% | 38% | 35% | 35% | 36% | 36% | 32% | 34% | 35% | 36% | 35% |
| Other Income | 7 | 3 | 25 | 26 | 31 | 12 | 9 | 22 | 9 | 22 | 18 | -9 | -9 |
| Interest | 0 | 0 | 1 | 11 | 23 | 2 | 2 | 4 | 26 | 85 | 231 | 193 | 191 |
| Depreciation | 16 | 20 | 23 | 26 | 36 | 50 | 43 | 65 | 117 | 183 | 315 | 280 | 281 |
| PBT | 109 | 154 | 270 | 312 | 317 | 331 | 394 | 442 | 405 | 431 | 489 | 639 | 657 |
| Tax % | 18% | 13% | 9% | 6% | 8% | 11% | 10% | 8% | 8% | 8% | 23% | -1% | — |
| Net Profit | 89 | 135 | 247 | 295 | 291 | 297 | 355 | 406 | 374 | 397 | 375 | 648 | 666 |
| EPS in Rs | 6,489 | 9,714 | 17.95 | 21.39 | 21.15 | 21.84 | 26.16 | 29.88 | 28.1 | 28.82 | 25.84 | 44.72 | 46.75 |
| Div. Payout % | 0% | 63% | 0% | 0% | 0% | 13% | 21% | 20% | 26% | 0% | 28% | 16% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.14 | 0.14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 266 | 299 | 553 | 848 | 1,137 | 1,283 | 1,563 | 1,895 | 2,182 | 2,573 | 2,841 | 3,889 |
| Borrowings | 1 | 0 | 1 | 377 | 176 | 0 | 7 | 84 | 877 | 2,781 | 2,478 | 2,359 |
| Other Liabilities | 91 | 98 | 124 | 170 | 175 | 205 | 202 | 233 | 337 | 1,366 | 1,415 | 861 |
| Total Liabilities | 357 | 397 | 692 | 1,408 | 1,502 | 1,502 | 1,785 | 2,226 | 3,410 | 6,734 | 6,747 | 7,123 |
| Fixed Assets | 72 | 71 | 232 | 771 | 761 | 875 | 854 | 918 | 2,568 | 4,319 | 5,306 | 5,188 |
| CWIP | 0 | 0 | 0 | 0 | 3 | 4 | 2 | 27 | 22 | 20 | 67 | 171 |
| Investments | 167 | 190 | 303 | 365 | 356 | 78 | 294 | 520 | 37 | 16 | 67 | 62 |
| Other Assets | 119 | 136 | 157 | 271 | 383 | 544 | 636 | 761 | 783 | 2,379 | 1,307 | 1,702 |
| Total Assets | 357 | 397 | 692 | 1,408 | 1,502 | 1,502 | 1,785 | 2,226 | 3,410 | 6,734 | 6,747 | 7,123 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 90 | 131 | 200 | 235 | 223 | 271 | 375 | 378 | 292 | 486 | 1,065 | 538 |
| Investing | -92 | -44 | -184 | -590 | -5 | 123 | -323 | -320 | -975 | -1,828 | -78 | -369 |
| Financing | 0 | -84 | -24 | 363 | -221 | -335 | -82 | -45 | 688 | 1,380 | -881 | -314 |
| Net Cash Flow | -2 | 4 | -8 | 8 | -3 | 60 | -30 | 14 | 5 | 38 | 105 | -145 |
| Free Cash Flow | 77 | 108 | 150 | 210 | 186 | 125 | 350 | 258 | -550 | 357 | 910 | 241 |
| CFO/OP | 96 | 97 | 94 | 94 | 85 | 87 | 103 | 94 | 68 | 87 | 114 | 59 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 16 | 24 | 28 | 31 | 53 | 42 | 44 | 63 | 77 | 58 | 79 |
| Inventory Days | 223 | 178 | 195 | 178 | 196 | 148 | 145 | 166 | 136 | 182 | 171 | 200 |
| Days Payable | 142 | 92 | 134 | 247 | 200 | 213 | 157 | 166 | 129 | 210 | 170 | 151 |
| Cash Conversion Cycle | 97 | 102 | 84 | -40 | 28 | -12 | 30 | 44 | 70 | 48 | 59 | 129 |
| Working Capital Days | 15 | 9 | 23 | -13 | -17 | 59 | 64 | 75 | 50 | -296 | -49 | -71 |
| ROCE % | 47% | 53% | 60% | 34% | 26% | 25% | 27% | 25% | 17% | 11% | 12% | 14% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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66 extracted metrics + investor summaries across FY11–FY27.
Documents
Frequently Asked Questions about Eris Lifesciences
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Company Information
ERIS Lifesciences Ltd is engaged in the business of manufacture and marketing of pharmaceutical products.[1]
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