Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹3493 Cr.
Stock P/E
51.9
P/B
9.8
Current Price
₹3366
Book Value
₹ 343.5
Face Value
10
52W High
₹3866.6
52W Low
₹ 828.8
Dividend Yield
0%

Kwality Pharma Overview

Business

Kwality Pharmaceuticals Ltd. (KPL) operates in the Pharmaceuticals & Drugs sector in India. The company is primarily involved in the manufacturing, marketing, and distribution of pharmaceutical formulations. Its core business model likely focuses on producing a range of generic and branded generic drugs across various therapeutic categories. KPL generates revenue through the sale of these pharmaceutical products to domestic and potentially international markets, catering to hospitals, pharmacies, and healthcare providers. This typically involves research and development (formulation development), drug manufacturing, quality control, and an extensive sales and distribution network.

Revenue Mix

Specific revenue breakdowns are not available without detailed financial reports. However, for a company like KPL, potential key segments could include:

Therapeutic Areas: Such as anti-infectives, pain management, cardiovascular, dermatology, gastrointestinal, or central nervous system drugs.

Dosage Forms: Tablets, capsules, injectables, syrups, ointments, etc.

Geographic Markets: Domestic sales within India, and potentially exports to regulated or semi-regulated markets.

Product Types: Branded generics vs. contract manufacturing for other companies.

A significant portion of revenue is likely derived from branded generics sold in the domestic market.

Industry

The Indian pharmaceutical industry is highly competitive and fragmented, characterized by a strong presence of both large multinational corporations and numerous domestic players. It is one of the world's largest producers of generic drugs, known for its cost-effective manufacturing capabilities. KPL operates within this landscape, likely positioning itself as a provider of affordable and quality pharmaceutical formulations. Its standing relative to peers would depend on its market share in specific therapeutic segments, its distribution strength, manufacturing capacity, and regulatory approvals. It likely competes with a large number of mid-sized and smaller generic drug manufacturers in various regions and product categories.

MOAT

Without specific details, KPL's competitive advantages might include:

Cost-Effective Manufacturing: Ability to produce formulations at competitive prices, a common strength for Indian pharma companies.

Regulatory Compliance & Quality: Adherence to national and international quality standards (e.g., WHO-GMP) allowing access to various markets.

Distribution Network: A well-established sales and distribution network within specific regions of India, or for export markets.

Niche Focus: Specialization in certain therapeutic areas or dosage forms where it has developed expertise or market presence.

Brand Loyalty (for branded generics): For its specific branded generic products, it may have cultivated trust among prescribers and patients over time.

Growth Drivers

Key factors that can drive growth for KPL over the next 3-5 years include:

Growing Healthcare Expenditure: Increasing disposable incomes and government spending on healthcare in India.

Rising Disease Incidence: Increase in lifestyle diseases and chronic conditions driving demand for pharmaceutical products.

Demand for Affordable Generics: Continued strong demand for cost-effective generic medicines in both domestic and emerging international markets.

Expansion into New Therapeutic Areas/Geographies: Launching new products or entering untapped domestic regions or export markets.

Improved Regulatory Environment: Streamlined approval processes or increased focus on quality standards that favor compliant manufacturers.

Risks

Intense Competition & Pricing Pressure: The highly competitive nature of the generic pharmaceutical market often leads to pricing pressures and margin erosion.

Regulatory Changes: Changes in drug pricing policies, manufacturing standards, or approval processes by Indian or international regulatory bodies can impact operations and profitability.

Raw Material Price Volatility: Fluctuations in the cost of Active Pharmaceutical Ingredients (APIs) and other raw materials can affect manufacturing costs.

Product Recalls & Litigation: Issues related to product quality, safety, or intellectual property could lead to costly recalls, reputational damage, or legal battles.

Foreign Exchange Fluctuations: For companies engaged in exports or importing raw materials, currency volatility can impact revenues and costs.

Execution Risk: Failure to effectively launch new products, expand distribution, or maintain quality standards.

Management & Ownership

In many Indian companies, especially those of this scale, the company is often promoted by a founding family or a core group of individuals who hold significant ownership stakes (promoter holding). The management team typically comprises professionals with experience in the pharmaceutical sector, overseeing operations, R&D, sales, and regulatory affairs. The quality of management – particularly their strategic vision, execution capabilities, and adherence to corporate governance – is crucial for navigating the competitive and regulated pharmaceutical landscape. Specific details on the promoters, key management personnel, or precise ownership breakdown are not publicly available here.

Outlook

Kwality Pharmaceuticals Ltd. operates in an Indian pharmaceutical market characterized by significant long-term growth potential, driven by demographic trends, increasing healthcare access, and rising demand for affordable medicines. This provides a favorable backdrop for companies like KPL to expand their product portfolio and market reach. However, the outlook is tempered by intense competition, continuous pricing pressures on generic drugs, and an evolving regulatory environment, both domestically and internationally. The company's ability to maintain manufacturing efficiency, ensure robust quality control, strategically expand its therapeutic presence, and effectively manage its distribution network will be key determinants of its sustained growth and profitability. Success will depend on adept execution and navigating industry-specific challenges while leveraging the underlying market growth.

Kwality Pharma Share Price

Live · BSE / NSE · Inception: 1983
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Kwality Pharma Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 92 80 90 84 116 111 111 123 157 162
Other Income 1 0 0 1 1 0 1 1 1 1
Total Income 93 80 90 85 116 112 112 124 158 163
Total Expenditure 71 63 70 67 90 87 86 93 118 121
Operating Profit 21 18 20 18 27 25 26 30 40 42
Interest 3 2 3 2 2 3 3 2 3 3
Depreciation 5 4 5 5 5 5 5 5 5 5
Exceptional Income / Expenses -7 0 0 0 0 0 0 -1 0 0
Profit Before Tax 6 11 13 11 19 17 18 22 32 34
Provision for Tax 2 3 4 3 5 5 4 6 6 8
Profit After Tax 4 8 8 9 14 12 14 16 25 26
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments 4 8 8 9 14 12 14 16 25 26
Adjusted Earnings Per Share 4.2 8.1 8.2 8.2 14 11.5 13.6 15.4 24.4 24.7

Kwality Pharma Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 74 98 137 166 139 262 456 251 307 370 503 553
Other Income 0 1 1 1 4 2 4 3 2 2 3 4
Total Income 75 100 138 167 143 264 460 254 309 372 506 557
Total Expenditure 69 89 126 151 125 233 285 190 241 290 385 418
Operating Profit 5 10 12 16 18 30 175 64 68 82 121 138
Interest 1 2 2 2 3 3 3 7 10 10 11 11
Depreciation 2 3 3 3 4 6 11 15 20 18 20 20
Exceptional Income / Expenses 0 0 0 0 0 0 0 -17 -7 0 -1 -1
Profit Before Tax 2 6 7 11 11 21 162 26 31 54 89 106
Provision for Tax 1 2 3 3 3 6 42 6 7 14 22 24
Profit After Tax 1 3 4 8 8 15 120 19 24 40 67 81
Adjustments 0 0 0 -0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 3 5 8 8 15 120 19 24 40 67 81
Adjusted Earnings Per Share 1.6 3.2 4.4 7.3 8 14.6 115.6 18.7 22.9 38.4 64.9 78.1

Kwality Pharma Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 22 26 30 37 46 61 181 201 224 264 332
Minority's Interest -0 -0 -1 -1 -1 -1 -1 -1 -2 -2 -2
Borrowings 3 3 5 8 10 18 20 27 20 15 29
Other Non-Current Liabilities 1 1 1 1 10 10 1 1 0 -1 5
Total Current Liabilities 27 42 62 61 68 78 139 126 152 170 226
Total Liabilities 51 71 96 105 132 166 341 354 394 446 590
Fixed Assets 13 16 16 23 43 57 92 120 139 146 156
Other Non-Current Assets 0 2 5 7 1 4 21 26 12 16 28
Total Current Assets 38 53 75 75 89 106 228 207 243 284 406
Total Assets 51 71 96 105 132 166 341 354 394 446 590

Kwality Pharma Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 1 3 2 1 2 6 9 3 2 12
Cash Flow from Operating Activities -3 4 -1 14 6 27 61 41 43 53 17
Cash Flow from Investing Activities -2 -7 -6 -12 -18 -23 -63 -48 -26 -29 -35
Cash Flow from Financing Activities 6 5 5 -2 12 1 6 1 -17 -14 7
Net Cash Inflow / Outflow 0 2 -1 -0 0 4 3 -6 -1 10 -11
Closing Cash & Cash Equivalent 1 3 2 1 2 6 9 3 2 12 1

Kwality Pharma Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 1.55 3.24 4.38 7.28 8.02 14.6 115.64 18.67 22.93 38.4 64.9
CEPS(Rs) 2.97 5.58 7.13 10.29 12.18 20.61 125.89 33 41.61 55.99 84
DPS(Rs) 0 0.6 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 20.78 23.79 27.83 35.14 43.57 58.16 173.81 192.48 215.31 253.7 318.8
Core EBITDA Margin(%) 6.76 9.03 8.49 9.44 10.19 11.01 37.63 24.19 21.59 21.71 23.5
EBIT Margin(%) 4.97 7.7 6.9 7.93 9.63 9.14 36.06 12.82 13.51 17.29 19.97
Pre Tax Margin(%) 3.34 5.75 5.31 6.56 7.84 8.12 35.42 10.19 10.12 14.62 17.79
PAT Margin (%) 1.73 3.34 3.22 4.54 5.89 5.68 26.29 7.68 7.69 10.75 13.39
Cash Profit Margin (%) 4.01 5.89 5.38 6.42 9.07 8.16 28.64 13.64 14.06 15.69 17.32
ROA(%) 2.9 5.37 5.29 7.5 6.9 9.97 47.33 5.55 6.32 9.48 13.01
ROE(%) 6.54 14.41 16.51 23.13 20.1 28.21 99.66 10.15 11.16 16.36 22.67
ROCE(%) 12.3 19.56 19.17 21.89 18.46 26.35 97.93 12.27 13.57 18.36 24.01
Receivable days 66.62 75.44 79.17 82.82 90.08 46 41.94 102.38 110.56 132.46 157.57
Inventory Days 41.35 44.92 38.34 28.84 44.1 27.71 28.29 101.54 97.85 79.79 58.67
Payable days 44.53 57.37 62.66 59.9 83.9 54.2 78.14 183.2 161.9 157.23 160.16
PER(x) 0 14.81 9.36 5.09 3.19 3.84 5.02 16.47 17.85 22.63 20.13
Price/Book(x) 0 2.02 1.47 1.05 0.59 0.96 3.34 1.6 1.9 3.43 4.1
Dividend Yield(%) 0 0.63 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.22 0.67 0.49 0.4 0.43 0.36 1.41 1.6 1.68 2.7 2.95
EV/Core EBITDA(x) 3.08 6.53 5.4 4.03 3.36 3.07 3.67 6.31 7.59 12.14 12.24
Net Sales Growth(%) 41.61 32.55 39.85 20.95 -16.23 88.1 74.11 -44.97 22.36 20.52 35.9
EBIT Growth(%) 55.48 105.3 25.34 38.97 1.71 78.45 586.87 -80.44 28.92 54.31 56.93
PAT Growth(%) 59.93 155.76 34.85 70.91 8.6 81.4 705.63 -83.93 22.49 68.54 69.2
EPS Growth(%) 49.24 108.97 35.14 66.12 10.13 82.11 692.23 -83.86 22.83 67.44 69.02
Debt/Equity(x) 0.62 0.77 0.92 0.79 0.77 0.68 0.3 0.45 0.44 0.43 0.39
Current Ratio(x) 1.44 1.28 1.21 1.24 1.31 1.35 1.63 1.65 1.6 1.67 1.8
Quick Ratio(x) 1.05 0.94 0.98 1.06 1 1.14 1.25 0.96 1.08 1.18 1.45
Interest Cover(x) 3.04 3.93 4.32 5.78 5.36 8.95 56.38 4.87 3.99 6.48 9.16
Total Debt/Mcap(x) 0 0.38 0.62 0.75 1.32 0.71 0.09 0.28 0.23 0.12 0.1

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +36% +26% +14% +21%
Operating Profit CAGR +48% +24% +32% +38%
PAT CAGR +68% +52% +35% +52%
Share Price CAGR +282% +113% +31% +63%
ROE Average +23% +17% +32% +24%
ROCE Average +24% +19% +33% +26%

Kwality Pharma Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 54.86 %
FII 3.13 %
DII (MF + Insurance) 0.56 %
Public (retail) 41.44 %
Others 0.01 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 54.8354.8354.8354.8354.8354.8354.8354.8354.8754.86
FII 00000000.52.793.13
DII 000.020.030.320.330.330.330.360.56
Public 45.1745.1745.1545.1444.8644.8444.8444.3441.9841.44
Others 0000000000
Total 100100100100100100100100100100

Kwality Pharma Peer Comparison

Pharmaceuticals & Drugs Edit Columns

Kwality Pharma Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Kwality Pharma Pros & Cons

Pros

  • Company has delivered good profit growth of 34% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Debtor days have increased from 157.23 to 160.16days.
  • Stock is trading at 9.8 times its book value.
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