Orchid Pharma
- P/E
- 417.50
Key Fundamentals
MicrocapPharmaceuticals & BiotechnologyHealthcarePrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 1.86%
- Debt to Equity
- 0.20
- EPS (TTM)
- ₹2.10
- Book Value
- ₹261.22
- Market Cap
- —
- P/E (TTM)
- 417.50
- P/B
- 3.36
- ROE
- 1.49%
- Dividend Yield
- 0.00%
- EBITDA
- ₹70.00 Cr
- 52W High
- ₹1,143.50
- 52W Low
- ₹480.00
- Day Range
- ₹839.10 – ₹880.00
- Volume
- 40,996
Peer Comparison
Healthcare › Pharmaceuticals
| ₹1,773.40 | 38.81 | ₹4,29,049 Cr | 4.77 | 0.90% | 16.00% | 20.50% | ₹61,631 Cr | ₹10,987 Cr | |
| ₹10,037.50 | 91.10 | ₹2,65,269 Cr | 15.90 | 0.30% | 16.50% | 22.00% | ₹11,230 Cr | ₹2,925 Cr | |
| ₹4,738.50 | 78.61 | ₹1,77,061 Cr | 9.81 | 0.82% | 27.40% | 15.20% | ₹17,400 Cr | ₹2,099 Cr | |
| ₹1,188.10 | 26.44 | ₹1,25,446 Cr | 4.37 | 0.08% | 21.20% | 21.10% | ₹28,592 Cr | ₹4,593 Cr | |
| ₹2,323.80 | 114.81 | ₹1,25,228 Cr | 20.72 | 0.04% | 18.30% | 17.80% | ₹7,270 Cr | ₹1,090 Cr | |
| ₹1,374.00 | 35.59 | ₹1,14,543 Cr | 2.96 | 0.58% | 11.20% | 13.00% | ₹33,228 Cr | ₹3,184 Cr | |
| ₹1,402.00 | 33.59 | ₹1,12,454 Cr | 3.20 | 0.93% | 11.60% | 15.50% | ₹28,324 Cr | ₹3,356 Cr | |
| ₹876.75 | 417.50 | ₹5,149 Cr | 3.36 | 0.00% | 1.49% | 1.86% | ₹1,073 Cr | ₹11 Cr | |
| Median 8 companies | ₹1,587.70 | 58.71 | ₹1,25,337 Cr | 4.57 | 0.44% | 16.25% | 16.65% | ₹22,862 Cr | ₹3,055 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 26
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 17
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 44
- Weak
- Sales & profit trajectory 9% weight
- Financial Health
- 28
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 50
- Average
- Trend strength, vol-adjusted 12% weight
- Ownership
- 48
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Promoter holding has increased by 4.61% over last quarter.
Weaknesses
5- Stock is trading at 3.02 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 6.76% over last 3 years.
- Earnings include an other income of Rs.18.6 Cr.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 8 | 6 | 5 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 6 | 0 | 4 |
Oscillators
Bearish
Overall
Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 44.21
- Neutral
- MACD (12,26,9)
- −36.67
- Bullish
- SMA (50)
- 960.18
- Bearish
- SMA (200)
- 813.76
- Bullish
As of
Analyst Rating
0 of 1 analyst rates Buy, 1 Hold, 0 Sell.
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +3.51% |
|---|---|
| 5Y | +22.33% |
| 3Y | +22.79% |
| 1Y | −11.80% |
| TTM | +14.09% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | Turned to profit |
| 3Y | −39.87% |
| 1Y | −92.59% |
| TTM | −83.40% |
Operating cash flow
| 10Y | −5.07% |
|---|---|
| 5Y | +39.33% |
| 3Y | +91.29% |
| 1Y | +147.06% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −15.70 pp |
|---|---|
| 5Y | −2.55 pp |
| 3Y | −8.72 pp |
| 1Y | −6.91 pp |
| TTM | −4.28 pp |
Revenue by year
| Mar 2017 | ₹797 Cr |
|---|---|
| Mar 2018 | ₹683 Cr |
| Mar 2019 | ₹600 Cr |
| Mar 2020 | ₹484 Cr |
| Mar 2021 | ₹450 Cr |
| Mar 2022 | ₹560 Cr |
| Mar 2023 | ₹666 Cr |
| Mar 2024 | ₹819 Cr |
| Mar 2025 | ₹1,398 Cr |
| Mar 2026 | ₹1,233 Cr |
Net profit by year
| Mar 2017 | −₹495 Cr |
|---|---|
| Mar 2018 | −₹353 Cr |
| Mar 2019 | ₹69.00 Cr |
| Mar 2020 | −₹131 Cr |
| Mar 2021 | −₹117 Cr |
| Mar 2022 | −₹2.00 Cr |
| Mar 2023 | ₹46.00 Cr |
| Mar 2024 | ₹92.00 Cr |
| Mar 2025 | ₹135 Cr |
| Mar 2026 | ₹10.00 Cr |
Analyst Forecasts
Analyst consensus here uses a different definition from reported ebitda (they differ 1.7× on periods where both exist), so the forecast is shown on its own rather than joined to the reported line.
AI Analysis — Bull vs Bear
Orchid Pharma Ltd is a mid-cap pharmaceutical company with a market capitalization of ₹5,031 Cr trading at a PE of 246.7x. While the company has shown a 3-year compounded profit growth of 63% and stock CAGR of 21% over 3 years, TTM sales have declined 12% and TTM profit has fallen 73%, with ROE remaining subdued at around 6% over 3 years.
- Strong 3-year compounded profit growth of 63%, indicating meaningful earnings recovery from a low base
- FY2024 sales reached ₹922 Cr, up 13% year-over-year, and 9M FY25 sales of ₹684 Cr grew 14% vs 9M FY24 (₹602 Cr)
- 9M FY25 EBITDA improved to ₹115 Cr (17% margin) from ₹99 Cr (16% margin) in 9M FY24, showing margin expansion
- Low debt-to-equity ratio of approximately 0.12x, indicating a relatively clean balance sheet post-restructuring
- Stock price CAGR of 38% over 10 years and 21% over 3 years reflects sustained market re-rating
- 5-year compounded sales growth of 13% shows a medium-term revenue expansion trend
- 9M FY25 PBT and PAT improved to ₹78 Cr from ₹62 Cr in 9M FY24, a 26% increase on a year-to-date basis
- PE ratio of 246.7x is extremely elevated, implying the stock prices in significant future growth that may not materialize
- TTM sales declined 12% and TTM profit collapsed 73%, signaling a sharp recent deterioration
- 3-year average ROE of only 6.41% is low for a pharma company trading at 3.94x book value
- Company pays zero dividend despite reporting repeated profits, offering no income return to shareholders
- Earnings quality concern: other income of ₹28.6 Cr forms a significant portion of profits, and company may be capitalizing interest costs
- 10-year compounded sales growth is negative at -1%, reflecting a long history of revenue stagnation
- Q3 FY25 standalone sales of ₹217 Cr declined from ₹221 Cr in Q3 FY24, and EBITDA fell to ₹37 Cr from ₹43 Cr, showing quarterly momentum weakening
- Tax rate appears low, raising questions about the sustainability of reported net profits at current levels
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Orchid Pharma is executing on international expansion with a meaningful USD 178M Russia licensing deal for Exblifep, while completing the Dhanuka Laboratories merger and actively engaging overseas investors. No visible headwinds in recent news flow. The trend is constructive with the company building commercial partnerships and consolidating its corporate structure.
- Russia licensing deal for Exblifep Jul 7
Orchid Pharma signed a licensing pact with Pharmasyntez JSC for Exblifep in Russia, representing a potential USD 178 million opportunity over 10 years.
- Dhanuka merger effective, share allotment Jul 10
Merger with Dhanuka Laboratories became effective on July 10, 2026 after NCLT order filing. Board meeting scheduled Aug 01 to approve equity share allotment to Dhanuka shareholders.
- Singapore investor roadshow planned Jul 25
Physical investor roadshow in Singapore scheduled for July 29-31, 2026, led by WTD Mridul Dhanuka with no UPSI to be shared.
Quarterly Results
₹ Cr| 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 | 183 | 199 | 221 | 217 | 244 | 223 | 217 | 237 | 263 | 194 | 207 | 368 | 304 |
| Expenses | 161 | 175 | 185 | 188 | 212 | 192 | 191 | 209 | 269 | 195 | 206 | 338 | 290 |
| Operating Profit | 22.14 | 23.3 | 35.38 | 28.91 | 32.49 | 30.34 | 26.37 | 27.99 | −5.65 | −1.47 | 1.56 | 30.16 | 14 |
| OPM % | 12.1% | 11.72% | 16.04% | 13.32% | 13.29% | 13.62% | 12.13% | 11.79% | −2.15% | −0.76% | 0.75% | 8.19% | 4.6% |
| Other Income | 1.89 | 8.36 | 7.62 | 13.36 | 7.57 | 7.52 | 8.49 | 3.9 | 11.57 | 10.77 | −1.5 | 7.55 | 1.83 |
| Interest | 5.55 | 3.8 | 3.54 | 3.47 | 3.5 | 3.33 | 3.8 | 3.92 | 2.28 | 3.73 | 3.18 | 1.96 | 2.23 |
| Depreciation | 7.71 | 7.84 | 9.27 | 8.42 | 8.44 | 8.63 | 8.61 | 8.87 | 10.53 | 8.9 | 9.03 | 10.9 | 10.95 |
| PBT | 10.78 | 20.02 | 30.19 | 30.38 | 28.12 | 25.9 | 22.45 | 19.1 | −6.89 | −3.33 | −12.15 | 24.85 | 2.65 |
| Tax % | 0% | 0% | 0% | −10.27% | −0.53% | 0% | 0% | −0.21% | 0% | 0% | 0% | 0% | 2.64% |
| Net Profit | 9.4 | 19.8 | 29.43 | 32.96 | 29.35 | 27.24 | 20.78 | 22.29 | −5.69 | −5.72 | −12.61 | 25.84 | 3.22 |
| EPS (₹) | 1.85 | 3.9 | 5.8 | 6.5 | 5.79 | 5.37 | 4.1 | 4.39 | −1.12 | −1.13 | −2.49 | 5.09 | 0.63 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,747 | 873 | 797 | 683 | 600 | 484 | 450 | 560 | 666 | 819 | 1,398 | 1,233 | 1,073 |
| Expenses | 1,429 | 703 | 794 | 659 | 612 | 515 | 421 | 505 | 581 | 708 | 1,247 | 1,185 | 1,029 |
| Operating Profit | 317 | 171 | 3 | 24 | −12 | −31 | 29 | 55 | 84 | 111 | 151 | 48 | 44 |
| OPM % | 18% | 20% | 0.4% | 3.6% | −2% | −6% | 7% | 10% | 13% | 14% | 11% | 3.9% | 4.1% |
| Other Income | 156 | −28 | −59 | 20 | 218 | 24 | 15 | 67 | 52 | 31 | 26 | 15 | 19 |
| Interest | 537 | 294 | 347 | 310 | 7 | 6 | 52 | 33 | 33 | 17 | 13 | 9 | 11 |
| Depreciation | 325 | 145 | 141 | 133 | 130 | 118 | 109 | 87 | 55 | 33 | 42 | 43 | 40 |
| PBT | −389 | −296 | −544 | −399 | 69 | −131 | −117 | 2 | 48 | 92 | 122 | 10 | 12 |
| Tax % | −49% | −6% | −9% | −12% | 0% | 0% | 0% | 0% | 0% | −3% | −8% | −2% | — |
| Net Profit | −197 | −279 | −495 | −353 | 69 | −131 | −117 | −2 | 46 | 92 | 135 | 10 | 11 |
| EPS (₹) | −23.06 | −31.37 | −55.69 | −39.65 | 7.8 | −32.11 | −28.55 | −0.48 | 11.35 | 18.17 | 26.63 | 1.96 | 2.1 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| 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 | 85 | 89 | 89 | 89 | 89 | 41 | 41 | 41 | 41 | 51 | 15 | 15 |
| Reserves | 244 | −40 | −556 | −881 | −793 | 725 | 612 | 607 | 648 | 1,119 | 1,494 | 1,504 |
| Borrowings | 3,211 | 3,215 | 3,106 | 3,202 | 3,230 | 566 | 453 | 268 | 331 | 135 | 154 | 307 |
| Other Liabilities | 521 | 598 | 616 | 715 | 551 | 128 | 132 | 195 | 205 | 249 | 414 | 432 |
| Total Liabilities | 4,061 | 3,862 | 3,256 | 3,125 | 3,077 | 1,460 | 1,237 | 1,111 | 1,225 | 1,554 | 2,077 | 2,258 |
| Fixed Assets | 1,795 | 1,637 | 1,497 | 1,386 | 1,256 | 858 | 670 | 584 | 573 | 620 | 708 | 692 |
| CWIP | 282 | 280 | 288 | 272 | 278 | 26 | 7 | 10 | 46 | 31 | 81 | 414 |
| Investments | 1 | 1 | 1 | 1 | 0 | 0 | 15 | 45 | 44 | 46 | 60 | 67 |
| Other Assets | 1,984 | 1,944 | 1,470 | 1,467 | 1,542 | 576 | 544 | 472 | 561 | 857 | 1,229 | 1,086 |
| Total Assets | 4,061 | 3,862 | 3,256 | 3,125 | 3,077 | 1,460 | 1,237 | 1,111 | 1,225 | 1,554 | 2,077 | 2,258 |
Cash Flow
₹ Cr| 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 | −369 | 212 | 401 | 9 | 12 | 81 | 24 | 92 | 18 | 126 | 51 | 126 |
| Investing | 1,334 | −1 | −176 | −28 | 45 | 167 | 67 | 113 | −31 | −312 | −36 | −277 |
| Financing | −597 | −286 | −465 | 33 | 0 | −250 | −165 | −217 | 31 | 167 | 2 | 137 |
| Net Cash Flow | 367 | −76 | −240 | 15 | 57 | −2 | −74 | −11 | 18 | −19 | 17 | −14 |
| Free Cash Flow | 965 | 211 | 392 | 3 | 5 | 77 | 23 | 238 | −8 | 61 | −102 | −255 |
| CFO/EBITDA | −102 | 124 | 13,628 | 67 | −138 | −226 | 63 | 173 | 22 | 113 | 44 | 259 |
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 | 54 | 130 | 75 | 64 | 73 | 51 | 110 | 111 | 118 | 87 | 92 | 113 |
| Inventory Days | 118 | 220 | 196 | 202 | 214 | 254 | 244 | 201 | 217 | 199 | 187 | 161 |
| Days Payable | 146 | 341 | 402 | 374 | 381 | 182 | 176 | 195 | 165 | 173 | 137 | 150 |
| Cash Conversion Cycle | 26 | 9 | −130 | −108 | −94 | 123 | 179 | 117 | 170 | 113 | 142 | 124 |
| Working Capital Days | −49 | −168 | −500 | −876 | −1,158 | 166 | 302 | 97 | 54 | 118 | 101 | 105 |
| ROCE % | 1% | 1% | −4% | −4% | −5% | −6% | −5% | −2% | 5% | 9% | 9% | 2% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Orchid Pharma insights
72 extracted metrics across FY12–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · Jun 2026Transcript PPT
- Concall · May 2026PPT
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025Transcript PPT
- 11 Feb 2026
- 8 Apr 2026
- 7 Aug 2025
- 10 Mar 2025
- 15 Dec 2023
- 30 Nov 2023
- General announcements 24 Oct 2026
- General announcements 9 Oct 2026
Frequently Asked Questions about Orchid Pharma
What does Orchid Pharma Ltd do?
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What is the 52-week high and low of Orchid Pharma Ltd?
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Company Information
Orchid Pharma is a pharmaceutical company engaged in the development and manufacture of active pharmaceutical ingredients (APIs) and finished dosage forms. It is also engaged in research of new drugs.
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