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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹27 Cr.
Stock P/E
-27.3
P/B
2.8
Current Price
₹34.3
Book Value
₹ 12.4
Face Value
10
52W High
₹60
52W Low
₹ 29
Dividend Yield
0%

Guj. Terce Lab Overview

Business

Gujarat Terce Laboratories Ltd. is a pharmaceutical company based in India. Its core business involves the manufacturing, marketing, and distribution of various pharmaceutical formulations. The company likely focuses on a range of therapeutic areas and product types, catering to the domestic Indian market. It generates revenue through the sale of its pharmaceutical products to pharmacies, hospitals, and other healthcare providers.

Revenue Mix

Specific details regarding key business segments or the precise revenue mix by product category (e.g., specific therapeutic areas like anti-infectives, pain management, vitamins, etc.) are not publicly available from the provided information. The company primarily operates within the broad Pharmaceuticals & Drugs sector.

Industry

The Indian pharmaceutical industry is highly competitive and fragmented, characterized by a strong focus on generic drugs, growing domestic demand, and an increasing presence in global markets. It is supported by a large pool of skilled scientists and engineers, and cost-effective manufacturing capabilities. Given its ticker and limited public profile compared to larger Indian pharma players, Gujarat Terce Laboratories is likely a smaller to mid-sized player within this landscape, competing with numerous regional and national companies. Its positioning would depend on its product portfolio, market reach, and specific niche areas, if any.

MOAT

Without specific details, strong competitive advantages (moats) are not immediately evident for Gujarat Terce Laboratories Ltd. In the highly generic-dominated Indian market, factors like brand loyalty are often weaker, and scale is critical for cost efficiencies and wider distribution. Smaller players typically face challenges in achieving significant economies of scale, extensive R&D, or strong intellectual property protection. Any advantage would likely stem from efficient manufacturing processes, a focused product portfolio addressing specific market needs, or established distribution channels in certain regions.

Growth Drivers

Key factors that could drive growth for the company over the next 3-5 years include:

Increasing Healthcare Expenditure: Rising disposable incomes and government initiatives are boosting healthcare spending in India.

Growing Disease Burden: Increasing prevalence of chronic and lifestyle diseases drives demand for pharmaceutical products.

Demand for Generics: India's large population and focus on affordable healthcare sustain strong demand for generic drugs.

Expanding Market Access: Improving healthcare infrastructure and insurance penetration can expand the addressable market.

Product Portfolio Expansion: Introduction of new formulations or entry into new therapeutic segments.

Risks

Key business risks include:

Intense Competition: The highly fragmented nature of the Indian pharma market leads to pricing pressure and competition for market share.

Regulatory Changes: Strict and evolving regulatory environment (e.g., drug pricing controls, manufacturing standards, approval processes) can impact operations and profitability.

Raw Material Price Volatility: Fluctuations in the cost and availability of active pharmaceutical ingredients (APIs) and other raw materials.

Product Recalls & Litigation: Risks associated with product quality issues, adverse events, or legal disputes.

Lack of Scale: Smaller players may struggle to compete on cost and distribution reach against larger, more established companies.

Management & Ownership

Information regarding the specific promoters, management quality, and detailed ownership structure is not provided. Typically, many Indian companies of this size are promoter-driven, meaning the founding family or individuals hold significant control and play a direct role in management. Management quality would depend on their experience, strategic vision, and governance practices, which cannot be assessed without further information.

Outlook

Gujarat Terce Laboratories operates in a fundamentally growing Indian pharmaceutical market driven by demographic trends and increasing healthcare needs. This provides a positive backdrop for sustained demand for its products. However, as a potentially smaller or mid-sized player, the company faces significant challenges from intense competition, price sensitivity in the generics market, and the need to navigate a complex regulatory landscape. Its future performance will largely depend on its ability to effectively manage costs, innovate within its chosen segments, maintain product quality, and efficiently expand its market reach in a highly competitive environment.

Guj. Terce Lab Share Price

Live · BSE · Inception: 1985
| |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Guj. Terce Lab Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 12 13 12 12 13 13 12 11 13 12
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 12 13 12 12 13 13 12 11 13 12
Total Expenditure 11 12 11 12 12 12 11 11 11 11
Operating Profit 1 1 1 0 2 1 1 0 2 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 1 1 -0 2 1 1 -0 2 1
Provision for Tax 0 0 0 0 0 -0 4 -0 0 0
Profit After Tax 0 1 1 -0 1 1 -3 -0 1 1
Adjustments -0 -0 0 -0 -0 -0 0 0 -0 0
Profit After Adjustments 0 1 1 -0 1 1 -3 -0 1 1
Adjusted Earnings Per Share 0.5 0.9 0.7 -0.1 2 1.4 -4.6 -0.1 1.9 1

Guj. Terce Lab Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 26 25 25 29 31 38 25 40 47 48 50 48
Other Income 0 0 0 0 0 0 1 0 0 0 0 0
Total Income 27 25 26 29 31 38 26 40 47 48 51 48
Total Expenditure 26 25 25 29 31 37 28 39 49 47 46 44
Operating Profit 1 0 1 1 1 1 -2 1 -2 2 4 4
Interest 0 0 0 0 0 0 0 0 1 1 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -0 0 0 0 0 -3 1 -3 1 3 4
Provision for Tax 0 0 0 0 -0 0 -0 -0 -1 0 4 4
Profit After Tax 0 -1 -0 0 0 0 -3 1 -2 0 -1 -1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 -1 -0 0 0 0 -3 1 -2 0 -1 -1
Adjusted Earnings Per Share 0.1 -0.9 -0 0.4 0.6 0.4 -3.4 1.2 -2.3 0.3 -1.3 -1.8

Guj. Terce Lab Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 11 10 10 10 11 11 8 9 7 7 6
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 6 6 5 0 0 0 0 2 1 1 0
Other Non-Current Liabilities 2 2 2 2 2 2 2 3 2 2 3
Total Current Liabilities 8 7 6 7 7 9 12 13 17 12 13
Total Liabilities 26 24 24 19 19 22 22 27 27 22 22
Fixed Assets 6 6 6 2 2 2 2 4 4 4 4
Other Non-Current Assets 3 4 5 8 8 8 7 7 7 7 7
Total Current Assets 17 15 13 10 9 12 12 15 16 11 12
Total Assets 26 24 24 19 19 22 22 27 27 22 22

Guj. Terce Lab Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 2 0 1 1 0 0 1 2 2 0
Cash Flow from Operating Activities 1 0 0 5 -1 -2 -0 -0 0 3 3
Cash Flow from Investing Activities 0 -0 0 1 -0 -0 -0 -2 1 -0 0
Cash Flow from Financing Activities -1 -1 -0 -5 0 2 2 2 -0 -4 -3
Net Cash Inflow / Outflow 1 -1 0 0 -1 -0 1 -1 1 -2 1
Closing Cash & Cash Equivalent 2 0 1 1 0 0 1 0 2 0 1

Guj. Terce Lab Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.12 -0.91 -0.02 0.36 0.58 0.37 -3.4 1.18 -2.25 0.33 -1.32
CEPS(Rs) 0.34 -0.65 0.23 0.61 0.87 0.7 -3.16 1.55 -1.76 0.82 -0.8
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 14.87 13.96 13.55 14.02 14.6 14.97 10.33 11.5 9.25 9.58 8.26
Core EBITDA Margin(%) 2.9 0.65 0.32 1.11 1.57 1.82 -10.99 2.78 -4.62 2.64 7.74
EBIT Margin(%) 2.63 0.65 1.32 1.9 1.93 1.94 -8.5 2.86 -4.64 2.54 7.58
Pre Tax Margin(%) 1.1 -0.86 0.09 1.12 1.11 1.16 -10.05 1.86 -6.19 1.13 6.75
PAT Margin (%) 0.34 -2.7 -0.06 0.93 1.39 0.74 -10.01 2.17 -3.57 0.51 -1.95
Cash Profit Margin (%) 0.93 -1.94 0.69 1.57 2.08 1.38 -9.31 2.86 -2.79 1.27 -1.18
ROA(%) 0.35 -2.66 -0.06 1.26 2.23 1.33 -11.44 3.58 -6.18 0.99 -4.4
ROE(%) 0.83 -6.3 -0.15 2.65 4.07 2.52 -26.85 10.77 -21.71 3.49 -14.79
ROCE(%) 3.62 0.88 1.93 3.96 5.38 5.77 -16.4 8.31 -14.81 9.72 41.39
Receivable days 125.28 129.05 118.34 78.63 53.58 56.07 88.3 48.43 52.51 51.92 39.02
Inventory Days 56.11 60.56 59.52 48.84 44.51 35.05 51.99 46.25 42.37 31.8 27.66
Payable days 83.46 93.71 75.74 85.1 97.13 83.16 113.89 87.45 99.1 115.81 87.27
PER(x) 52.15 0 0 32.33 15.61 17.01 0 22.24 0 161.33 0
Price/Book(x) 0.43 0.51 1.01 0.84 0.62 0.42 0.67 2.27 1.8 5.53 7.4
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.42 0.48 0.66 0.29 0.23 0.19 0.34 0.65 0.38 0.9 0.91
EV/Core EBITDA(x) 12.88 33.87 31.93 11.39 8.94 7.48 -4.39 18.31 -9.74 27.12 10.87
Net Sales Growth(%) -8.21 -5.62 1.17 14.74 6.95 20.99 -32.94 59.4 16.57 2.55 4.63
EBIT Growth(%) -5.93 -77.07 106.06 65.61 8.76 21.35 -394.18 153.61 -289.31 156.16 211.95
PAT Growth(%) -62.03 -838.22 97.8 1928.47 59.74 -36.15 -1012.54 134.61 -291.63 114.57 -501.93
EPS Growth(%) -62.02 -838.14 97.8 1928.47 59.73 -36.15 -1012.52 134.61 -291.62 114.57 -501.86
Debt/Equity(x) 0.74 0.69 0.7 0.04 0.06 0.23 0.62 0.78 1.06 0.54 0.15
Current Ratio(x) 2.16 2.23 2.08 1.34 1.38 1.28 1.03 1.17 0.97 0.92 0.95
Quick Ratio(x) 1.64 1.57 1.42 0.8 0.82 0.91 0.71 0.68 0.7 0.6 0.66
Interest Cover(x) 1.71 0.43 1.07 2.44 2.36 2.49 -5.47 2.86 -3.01 1.8 9.16
Total Debt/Mcap(x) 1.72 1.36 0.69 0.04 0.1 0.55 0.92 0.34 0.59 0.1 0.02

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +4% +8% +6% +7%
Operating Profit CAGR +100% +59% +32% +15%
PAT CAGR 0%
Share Price CAGR -37% +16% +30% +16%
ROE Average -15% -11% -10% -4%
ROCE Average +41% +12% +6% +5%

Guj. Terce Lab Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 40.03 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 59.97 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 37.0137.0337.0337.0337.0337.0337.0337.0340.0340.03
FII 0000000000
DII 0000000000
Public 62.9962.9762.9762.9762.9762.9762.9762.9759.9759.97
Others 0000000000
Total 100100100100100100100100100100

Guj. Terce Lab Peer Comparison

Pharmaceuticals & Drugs Edit Columns

Guj. Terce Lab Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Guj. Terce Lab Pros & Cons

Pros

  • Debtor days have improved from 115.81 to 87.27days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 40.03%.
  • Company has a low return on equity of -11% over the last 3 years.
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