Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹18303 Cr.
Stock P/E
25.3
P/B
4.2
Current Price
₹4000.8
Book Value
₹ 963.4
Face Value
10
52W High
₹5561.6
52W Low
₹ 3962
Dividend Yield
1.87%

Pfizer Overview

Business

Pfizer Ltd. is one of India's leading pharmaceutical companies, operating as a publicly listed subsidiary of the global pharmaceutical giant, Pfizer Inc. The company is primarily engaged in the manufacturing, marketing, and distribution of a wide range of pharmaceutical products, including prescription drugs, vaccines, and over-the-counter (OTC) products, within the Indian market. Its core business model involves leveraging global Pfizer's research and development (R&D) capabilities to bring innovative and established medicines to Indian patients, covering therapeutic areas such as anti-infectives, pain and inflammation, cardiovascular, central nervous system, women's health, oncology, and vaccines. The company generates revenue through the sales of these pharmaceutical products to hospitals, pharmacies, and healthcare professionals across India.

Revenue Mix

While specific revenue contribution by segment is not always publicly disaggregated for subsidiaries, Pfizer Ltd. focuses on a diversified portfolio. Historically significant areas for the company include:

Vaccines: A major focus, particularly pneumococcal vaccines.

Established Medicines: A portfolio of legacy brands addressing common ailments and chronic conditions (e.g., pain management, anti-infectives).

Specialty Care: Growing presence in areas like oncology, rare diseases, and anti-inflammatories.

Cardiovascular & Diabetes: Key therapeutic areas with a high disease burden in India.

The company continually evaluates and optimizes its portfolio to align with disease prevalence and market opportunities in India, often introducing products from its global parent's pipeline.

Industry

The Indian pharmaceutical industry is highly competitive, fragmented, and predominantly driven by generic drugs due to high price sensitivity. It is one of the fastest-growing pharmaceutical markets globally, fueled by increasing healthcare access, a rising burden of chronic and lifestyle diseases, and growing health awareness. Pfizer Ltd. holds a strong position as a major multinational pharmaceutical company (MNC) player. It competes with large domestic generic manufacturers (like Sun Pharma, Dr. Reddy's, Cipla) and other MNCs. Its positioning is generally premium, relying on the quality, efficacy, and brand reputation of its global parent, especially in specialty segments and innovative medicines where it can differentiate from pure generics.

MOAT

Brand Reputation: "Pfizer" is a globally recognized and trusted brand, synonymous with quality and scientific rigor, which provides a significant advantage in patient and physician confidence.

Global R&D and Product Pipeline: As a subsidiary of Pfizer Inc., it has access to a robust global R&D pipeline and a portfolio of innovative, often patented, drugs and vaccines, offering a competitive edge over companies focused solely on generics.

Quality and Manufacturing Standards: Adherence to stringent global quality standards for manufacturing and product development.

Established Distribution Network: A well-entrenched and wide distribution network across India, ensuring broad market reach.

Regulatory Expertise: Extensive experience in navigating complex regulatory environments, both globally and locally in India.

Growth Drivers

Increasing Healthcare Spending: Rising disposable incomes, greater health awareness, and expanding health insurance coverage in India are driving demand for quality pharmaceuticals.

Rising Disease Burden: The growing prevalence of chronic and lifestyle diseases (e.g., diabetes, cardiovascular diseases, cancer) and infectious diseases in India creates a sustained demand for a broad range of pharmaceutical products and vaccines.

New Product Launches: Introduction of innovative drugs and vaccines from Pfizer Inc.'s global pipeline into the Indian market, especially in specialty and high-growth therapeutic areas.

Government Healthcare Initiatives: Programs aimed at improving healthcare access and infrastructure across India (e.g., Ayushman Bharat) can expand the market.

Focus on Vaccines: Continued demand for existing vaccines and potential for new vaccine introductions (e.g., pneumococcal, HPV, flu).

Risks

Regulatory & Price Controls: The Indian government's Drug Price Control Order (DPCO) and other policy interventions can lead to price caps on essential medicines, impacting profitability. Stricter drug approval processes also pose a risk.

Intense Competition & Generics: High competition from well-established domestic generic manufacturers and other MNCs results in pricing pressures and market share erosion for off-patent drugs.

Patent Expiry: The eventual loss of patent protection for key products can lead to a significant decline in revenues as cheaper generic alternatives enter the market.

Currency Fluctuations: As the company may import certain products or active pharmaceutical ingredients (APIs), adverse movements in the Indian Rupee against major foreign currencies can impact costs and profitability.

Supply Chain Disruptions: Global supply chain vulnerabilities or geopolitical events can disrupt the availability of raw materials or finished products.

Product Litigation/Liability: Risks associated with drug efficacy, safety, or side effects can lead to legal challenges and reputational damage.

Management & Ownership

Pfizer Ltd. is majority-owned by Pfizer Inc., the global pharmaceutical company headquartered in the United States. Pfizer Inc. holds a significant stake as the promoter, ensuring strategic alignment with global objectives. The management team typically comprises experienced professionals with a strong background in the pharmaceutical industry, often drawing from both local Indian talent and global Pfizer expertise. Decisions are made within the framework of global corporate governance and strategic guidelines set by the parent company, while adapting to local market dynamics and regulatory requirements.

Outlook

Pfizer Ltd. stands as a reputable and well-established player in the dynamic Indian pharmaceutical market, benefiting significantly from its association with the global Pfizer brand, its strong R&D capabilities (through its parent), and access to a diverse and innovative product pipeline. The company is well-positioned to capitalize on India's growing healthcare needs and increasing demand for quality medicines and vaccines, particularly in specialty and chronic care segments. However, its growth trajectory is subject to the highly competitive and price-sensitive nature of the Indian market, coupled with the potential for increased government regulation on drug pricing. The ability of Pfizer Ltd. to successfully introduce new, differentiated products, navigate the evolving regulatory landscape, and maintain a competitive edge against a formidable array of local and international players will be crucial for its sustained performance.

Pfizer Share Price

Live · BSE / NSE · Inception: 1950
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Pfizer 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 547 563 589 538 592 603 642 645 629 653
Other Income 75 42 43 43 45 67 42 38 41 45
Total Income 622 605 632 581 636 670 684 683 670 698
Total Expenditure 357 385 399 392 364 393 412 417 393 406
Operating Profit 265 219 232 189 272 277 272 266 277 292
Interest 7 2 2 2 3 3 2 2 2 1
Depreciation 14 15 15 15 16 14 14 14 15 14
Exceptional Income / Expenses 0 0 0 0 173 0 0 -58 9 0
Profit Before Tax 244 203 215 172 426 260 255 192 269 277
Provision for Tax 65 52 57 45 95 68 66 50 69 72
Profit After Tax 179 151 158 128 331 192 189 142 200 204
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 179 151 158 128 331 192 189 142 200 204
Adjusted Earnings Per Share 39.1 32.9 34.6 27.9 72.3 41.9 41.3 31 43.7 44.7

Pfizer 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 2012 1966 1969 2082 2152 2239 2611 2425 2193 2281 2520 2569
Other Income 87 101 114 167 184 81 63 101 181 172 188 166
Total Income 2099 2067 2083 2249 2336 2320 2674 2526 2374 2454 2708 2735
Total Expenditure 1579 1616 1468 1516 1579 1526 1775 1616 1558 1541 1615 1628
Operating Profit 520 451 615 733 757 794 899 910 816 913 1092 1107
Interest 1 2 1 2 11 15 11 13 15 9 10 7
Depreciation 58 63 66 71 103 109 115 106 62 61 58 57
Exceptional Income / Expenses 10 130 0 0 0 0 0 33 8 173 -49 -49
Profit Before Tax 470 517 548 660 642 669 773 824 746 1016 976 993
Provision for Tax 165 180 188 231 133 171 160 200 195 248 253 257
Profit After Tax 305 337 360 429 509 498 613 624 551 768 722 735
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 305 337 360 429 509 498 613 624 551 768 722 735
Adjusted Earnings Per Share 66.7 73.6 78.7 93.8 111.3 108.8 133.9 136.4 120.5 167.8 157.9 160.7

Pfizer 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 2163 2419 2683 3011 3395 2393 2864 3207 3596 4217 4203
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 64 62 52 37 136 85 136 38 33 55 19
Total Current Liabilities 658 780 954 892 873 774 853 657 547 570 627
Total Liabilities 2888 3261 3690 3940 4405 3252 3854 3903 4175 4842 4850
Fixed Assets 925 867 917 854 942 865 841 749 713 724 678
Other Non-Current Assets 331 343 357 371 415 479 616 629 693 605 368
Total Current Assets 1614 2033 2403 2702 3013 1873 2361 2493 2738 3513 3803
Total Assets 2888 3261 3690 3940 4405 3252 3854 3903 4175 4842 4850

Pfizer 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 488 71 68 51 74 1764 151 63 37 112 495
Cash Flow from Operating Activities 345 329 332 98 323 427 667 356 257 660 968
Cash Flow from Investing Activities -701 -250 -238 35 1530 -469 -575 -36 54 -71 -562
Cash Flow from Financing Activities -62 -83 -110 -110 -164 -1571 -181 -346 -235 -205 -798
Net Cash Inflow / Outflow -417 -3 -17 23 1690 -1613 -88 -26 75 383 -392
Closing Cash & Cash Equivalent 71 68 51 74 1764 151 63 37 112 495 103

Pfizer 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) 66.67 73.61 78.7 93.78 111.29 108.77 133.89 136.38 120.51 167.78 157.91
CEPS(Rs) 79.33 87.37 93.18 109.39 133.85 132.68 159.03 159.44 134.12 181.07 170.53
DPS(Rs) 15 20 20 22.5 330 35 35 70 35 165 75
Book NAV/Share(Rs) 472.92 528.72 586.49 658.22 742.18 523.07 626.1 701.05 785.91 921.84 918.67
Core EBITDA Margin(%) 20.67 17.15 25.28 27.17 26.62 31.82 30.79 31.6 27.43 31.01 34.45
EBIT Margin(%) 22.53 25.41 27.71 31.79 30.37 30.56 28.86 32.71 32.88 42.91 37.53
Pre Tax Margin(%) 22.47 25.31 27.67 31.7 29.86 29.87 28.46 32.18 32.21 42.56 37.17
PAT Margin (%) 14.57 16.49 18.18 20.61 23.66 22.23 22.56 24.37 23.81 32.15 27.52
Cash Profit Margin (%) 17.33 19.58 21.53 24.04 28.46 27.12 26.79 28.49 26.49 34.7 29.72
ROA(%) 11.22 10.95 10.36 11.25 12.2 13 17.24 16.09 13.65 17.03 14.91
ROE(%) 14.75 14.7 14.11 15.07 15.89 17.19 23.3 20.55 16.21 19.65 17.16
ROCE(%) 22.78 22.62 21.49 23.22 20.38 23.62 29.78 27.56 22.37 26.21 23.39
Receivable days 26.35 22.58 24.43 28.62 29.15 22.89 16.89 20.98 26.74 29.1 26.06
Inventory Days 65.25 61.01 57.05 59.95 69.32 70.57 59.41 61.77 67.09 69.53 65.95
Payable days 175.52 186.15 238.01 250.57 212.28 176.59 114.15 109.36 95.85 76.77 81.01
PER(x) 26.8 25.71 27.77 35.41 36.17 41.57 32.5 25.4 34.8 23.86 29.89
Price/Book(x) 3.78 3.58 3.73 5.04 5.42 8.64 6.95 4.94 5.34 4.34 5.14
Dividend Yield(%) 0.84 1.06 0.92 0.68 8.2 0.77 0.8 2.02 0.83 4.12 1.59
EV/Net Sales(x) 3.55 3.63 4.18 6.38 7.53 8.74 7 5.77 7.82 6.8 7.34
EV/Core EBITDA(x) 13.76 15.82 13.38 18.12 21.4 24.67 20.33 15.37 21.01 17.01 16.93
Net Sales Growth(%) 8.58 -2.29 0.11 5.74 3.37 4.04 16.64 -7.13 -9.55 4.02 10.45
EBIT Growth(%) 96.98 9.96 5.76 20.59 -1.23 4.68 14.54 6.88 -9.07 34.55 -3.84
PAT Growth(%) 203.95 10.43 6.92 19.16 18.66 -2.26 23.1 1.86 -11.64 39.23 -5.88
EPS Growth(%) 203.95 10.42 6.92 19.16 18.66 -2.26 23.1 1.86 -11.64 39.23 -5.88
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 2.45 2.61 2.52 3.03 3.45 2.42 2.77 3.79 5.01 6.17 6.06
Quick Ratio(x) 1.9 2.19 2.21 2.6 2.96 1.87 2.24 3.16 4.22 5.33 5.31
Interest Cover(x) 337.93 264.69 712.57 384.67 59.36 44.45 73.23 62.13 49.35 120.54 102.95
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +10% +1% +2% +2%
Operating Profit CAGR +20% +6% +7% +8%
PAT CAGR -6% +5% +8% +9%
Share Price CAGR -20% +1% -7% +7%
ROE Average +17% +18% +19% +17%
ROCE Average +23% +24% +26% +24%

Pfizer Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 63.92 %
FII 1.65 %
DII (MF + Insurance) 17.8 %
Public (retail) 16.63 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 63.9263.9263.9263.9263.9263.9263.9263.9263.9263.92
FII 3.323.223.542.752.182.392.62.712.811.65
DII 15.3315.8416.0316.7917.117.2317.117.0516.8917.8
Public 17.4217.0216.516.5416.816.4516.3716.3216.3716.63
Others 0000000000
Total 100100100100100100100100100100

Pfizer Peer Comparison

Pharmaceuticals & Drugs Edit Columns

Pfizer Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Pfizer Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Debtor days have increased from 76.77 to 81.01days.
  • Stock is trading at 4.2 times its book value.
  • The company has delivered a poor profit growth of 7% over past five years.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp