Pharmaceuticals & Drugs · Founded 1989 · https://www.sudeeppharma.com · BSE 544619 · NSE SUDEEPPHRM · ISIN INE0QPI01025
No Notes Added Yet
Business
Sudeep Pharma Ltd. operates in the Pharmaceuticals & Drugs sector in India. As a typical pharmaceutical company in this industry, its core business likely involves the manufacturing, development, and marketing of various pharmaceutical products. This can include Active Pharmaceutical Ingredients (APIs), pharmaceutical intermediates, and/or finished drug formulations (generics, branded generics, or specialized formulations). The company's business model would revolve around selling these products to other pharmaceutical manufacturers (B2B for APIs/intermediates), distributors, hospitals, or pharmacies. Revenue is generated through the sale of these pharmaceutical products, potentially both in domestic and international markets.
Revenue Mix
Specific revenue mix details for Sudeep Pharma Ltd. are not provided. However, based on typical operations in the Indian pharmaceutical industry, potential key segments could include:
Active Pharmaceutical Ingredients (APIs): Manufacturing the core chemical compounds that give drugs their therapeutic effect.
Pharmaceutical Intermediates: Producing chemical compounds used in the synthesis of APIs.
Formulations: Developing and manufacturing finished dosage forms (e.g., tablets, capsules, injectables) for various therapeutic areas.
The revenue mix would typically depend on the company's specialization, whether it's primarily a B2B supplier of raw materials or a B2C/B2B supplier of finished drugs.
Industry
The Indian pharmaceutical industry is highly competitive, fragmented, and one of the largest global suppliers of generic drugs. It is characterized by strong manufacturing capabilities, cost-effectiveness, and a significant focus on exports, particularly to regulated markets like the US and Europe, as well as emerging markets. Sudeep Pharma Ltd. operates within this environment. Without specific market share or product differentiation details, its positioning could range from a specialized API manufacturer for niche therapeutic areas, a cost-effective generic formulations producer, or a contract manufacturing partner. Competition comes from a wide array of domestic and international players, ranging from large integrated pharmaceutical giants to smaller, specialized manufacturers.
MOAT
For a company like Sudeep Pharma in the Indian generic/API space, potential competitive advantages (moats) may include:
Cost-Efficient Manufacturing: Ability to produce high-quality products at a lower cost due to scale, process optimization, or backward integration.
Regulatory Compliance & Quality: Strong track record of meeting stringent quality standards and regulatory approvals (e.g., US FDA, EU GMP), which is crucial for market access.
Process Expertise: Proprietary manufacturing processes or superior chemical synthesis capabilities for specific APIs or intermediates.
Customer Relationships: Long-standing relationships and preferred supplier status with key pharmaceutical clients (for B2B segments).
Diversified Product Portfolio: A broad range of products can reduce dependence on any single drug or therapeutic area.
Growth Drivers
Key factors that could drive Sudeep Pharma Ltd.'s growth over the next 3-5 years include:
Increasing Global Demand for Generics: Continued growth in demand for affordable generic medicines, driven by patent expiries, rising healthcare costs, and expanding access to healthcare globally.
Expansion in Regulated Markets: Increased penetration and new product approvals in lucrative markets like the US and Europe.
Therapeutic Area Focus: Growth in specific therapeutic segments, such as chronic diseases, where demand for medicines is steadily rising.
Capacity Expansion & Modernization: Investment in enhancing manufacturing capabilities and adopting advanced technologies.
New Product Launches: Introduction of new APIs or formulations, expanding the product portfolio and market reach.
Contract Manufacturing/Development Opportunities: Leveraging manufacturing expertise to provide services to other pharma companies.
Risks
Key business risks for Sudeep Pharma Ltd. include:
Intense Competition & Pricing Pressure: The generic pharmaceutical market is highly competitive, leading to constant pressure on product pricing and profit margins.
Regulatory Changes & Scrutiny: Evolving and increasingly stringent regulatory requirements (e.g., US FDA, EU EMA) can lead to compliance costs, delays, or even import bans.
Raw Material Volatility: Fluctuations in the cost and availability of key raw materials can impact production costs and profitability.
Foreign Exchange Fluctuations: As an exporter, adverse movements in currency exchange rates can affect revenues and profitability.
Product Recalls & Quality Issues: Any quality lapses or product recalls can lead to reputational damage, financial penalties, and loss of market trust.
Intellectual Property (IP) Challenges: Disputes over process patents or product exclusivity, particularly in the generic space.
Management & Ownership
In India, many companies, including those in the pharma sector, are promoter-led. Sudeep Pharma Ltd. is likely led by a promoter group that holds a significant stake, guiding its strategic direction. The quality of management would typically be assessed by their industry experience, execution track record, corporate governance practices, and ability to navigate regulatory complexities and competitive pressures. The ownership structure would likely involve the promoter group holding a majority stake, with the remainder held by institutional investors, retail investors, and potentially employees. Specific details regarding key management personnel and precise ownership percentages are not available.
Outlook
Sudeep Pharma Ltd., operating in the robust Indian pharmaceutical sector, has potential for growth driven by global demand for generics, expanding healthcare access, and opportunities in specific therapeutic areas. Its ability to maintain cost efficiencies, ensure high-quality production, and navigate complex regulatory landscapes will be critical for success. The company faces inherent industry challenges such as intense competition, pricing pressure, and strict regulatory oversight, which could impact its profitability and market position. Future performance will largely depend on its strategic product pipeline, efficiency in operations, and agility in adapting to evolving market dynamics and regulatory frameworks.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Net Sales | 149 | 116 | 158 | 163 | 172 | 182 |
| Other Income | 2 | 2 | 4 | 10 | 7 | 6 |
| Total Income | 151 | 118 | 161 | 173 | 179 | 189 |
| Total Expenditure | 85 | 76 | 99 | 107 | 112 | 120 |
| Operating Profit | 65 | 42 | 63 | 66 | 67 | 69 |
| Interest | 1 | 1 | 2 | 2 | 1 | 2 |
| Depreciation | 3 | 3 | 3 | 4 | 4 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 62 | 38 | 58 | 60 | 62 | 63 |
| Provision for Tax | 13 | 9 | 14 | 13 | 14 | 14 |
| Profit After Tax | 49 | 29 | 44 | 47 | 48 | 49 |
| Adjustments | 0 | 0 | -0 | -1 | -0 | 0 |
| Profit After Adjustments | 49 | 29 | 44 | 46 | 47 | 49 |
| Adjusted Earnings Per Share | 0.5 | 3 | 4.5 | 4.7 | 4.2 | 4.3 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Net Sales | 123 | 215 | 343 | 429 | 459 | 502 | 675 |
| Other Income | 3 | 3 | 7 | 10 | 6 | 9 | 27 |
| Total Income | 126 | 219 | 350 | 438 | 465 | 511 | 702 |
| Total Expenditure | 98 | 171 | 276 | 339 | 277 | 311 | 438 |
| Operating Profit | 29 | 48 | 75 | 100 | 189 | 200 | 265 |
| Interest | 1 | 1 | 2 | 6 | 5 | 7 | 7 |
| Depreciation | 3 | 4 | 5 | 8 | 9 | 11 | 15 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 25 | 43 | 69 | 86 | 175 | 183 | 243 |
| Provision for Tax | 7 | 10 | 18 | 24 | 42 | 44 | 55 |
| Profit After Tax | 18 | 33 | 50 | 62 | 133 | 139 | 188 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | -1 |
| Profit After Adjustments | 18 | 33 | 50 | 62 | 133 | 139 | 186 |
| Adjusted Earnings Per Share | 1.9 | 3.4 | 5.2 | 6.4 | 13.7 | 14.3 | 17.7 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 9% | 14% | 32% | 0% |
| Operating Profit CAGR | 6% | 39% | 47% | 0% |
| PAT CAGR | 5% | 41% | 51% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 33% | 37% | 36% | 34% |
| ROCE Average | 36% | 39% | 38% | 36% |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Shareholder's Funds | 81 | 114 | 163 | 223 | 356 | 493 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 8 | 14 | 28 | 20 | 11 | 40 |
| Other Non-Current Liabilities | 5 | 5 | 5 | 6 | 9 | 9 |
| Total Current Liabilities | 37 | 80 | 147 | 171 | 137 | 175 |
| Total Liabilities | 131 | 213 | 344 | 420 | 514 | 717 |
| Fixed Assets | 60 | 68 | 137 | 158 | 180 | 189 |
| Other Non-Current Assets | 15 | 46 | 10 | 31 | 58 | 103 |
| Total Current Assets | 56 | 99 | 197 | 230 | 275 | 424 |
| Total Assets | 131 | 213 | 344 | 420 | 514 | 717 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 4 | 4 | 12 | 21 | 10 | 14 |
| Cash Flow from Operating Activities | 10 | 35 | -3 | 48 | 66 | 49 |
| Cash Flow from Investing Activities | -22 | -40 | -38 | -50 | -49 | -79 |
| Cash Flow from Financing Activities | 12 | 13 | 51 | -10 | -13 | 53 |
| Net Cash Inflow / Outflow | -0 | 8 | 10 | -11 | 4 | 23 |
| Closing Cash & Cash Equivalent | 4 | 12 | 21 | 10 | 14 | 37 |
| # | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 1.86 | 3.43 | 5.17 | 6.42 | 13.72 | 14.26 |
| CEPS(Rs) | 2.17 | 3.8 | 5.63 | 7.23 | 14.65 | 15.35 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 8.34 | 11.76 | 16.82 | 23 | 36.67 | 50.48 |
| Core EBITDA Margin(%) | 20.64 | 20.49 | 19.67 | 21.03 | 39.73 | 38.05 |
| EBIT Margin(%) | 20.75 | 20.45 | 20.5 | 21.4 | 39.09 | 37.8 |
| Pre Tax Margin(%) | 20 | 20 | 20 | 20.05 | 38.06 | 36.42 |
| PAT Margin (%) | 14.66 | 15.5 | 14.63 | 14.54 | 29 | 27.63 |
| Cash Profit Margin (%) | 17.16 | 17.14 | 15.95 | 16.38 | 30.96 | 29.74 |
| ROA(%) | 13.79 | 19.41 | 18.03 | 16.33 | 28.54 | 22.54 |
| ROE(%) | 22.28 | 34.17 | 36.15 | 32.24 | 45.98 | 32.75 |
| ROCE(%) | 25.25 | 35.71 | 35.85 | 33.22 | 48.76 | 35.84 |
| Receivable days | 89.96 | 72.54 | 86.25 | 85.4 | 94.68 | 119.94 |
| Inventory Days | 28.18 | 22.88 | 28.73 | 45.77 | 54.67 | 70.98 |
| Payable days | 69.83 | 59.3 | 63.28 | 68.31 | 100.79 | 133.44 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.14 | 0.1 | 0.19 | 0.17 | 0.14 | 0.19 |
| EV/Core EBITDA(x) | 0.61 | 0.43 | 0.85 | 0.74 | 0.33 | 0.47 |
| Net Sales Growth(%) | 0 | 74.86 | 59.46 | 24.99 | 7.12 | 9.3 |
| EBIT Growth(%) | 0 | 72.3 | 59.86 | 30.49 | 95.67 | 5.68 |
| PAT Growth(%) | 0 | 84.83 | 50.46 | 24.23 | 113.71 | 4.13 |
| EPS Growth(%) | 0 | 84.83 | 50.46 | 24.24 | 113.71 | 3.98 |
| Debt/Equity(x) | 0.25 | 0.27 | 0.51 | 0.37 | 0.21 | 0.27 |
| Current Ratio(x) | 1.54 | 1.25 | 1.34 | 1.35 | 2.01 | 2.43 |
| Quick Ratio(x) | 1.28 | 1.03 | 1.09 | 0.93 | 1.53 | 1.69 |
| Interest Cover(x) | 27.51 | 45.43 | 40.89 | 15.87 | 37.92 | 27.49 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2023 | Mar 2024 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 100 | 44.65 | 76.15 | 76.15 | 76.15 | 76.15 |
| FII | 0 | 0 | 1.54 | 1.54 | 1.67 | 1.55 |
| DII | 0 | 0 | 14.1 | 14.1 | 17.6 | 18.11 |
| Public | 0 | 55.35 | 8.2 | 8.2 | 4.58 | 4.18 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2023 | Mar 2024 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 0.14 | 0.06 | 8.6 | 8.6 | 8.6 | 8.6 |
| FII | 0 | 0 | 0.17 | 0.17 | 0.19 | 0.18 |
| DII | 0 | 0 | 1.59 | 1.59 | 1.99 | 2.05 |
| Public | 0 | 0.08 | 0.93 | 0.93 | 0.52 | 0.47 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.14 | 0.14 | 11.29 | 11.29 | 11.29 | 11.29 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +9% | +14% | +32% | — |
| Operating Profit CAGR | +6% | +39% | +47% | — |
| PAT CAGR | +5% | +41% | +51% | — |
| Share Price CAGR | — | — | — | — |
| ROE Average | +33% | +37% | +36% | +34% |
| ROCE Average | +36% | +39% | +38% | +36% |
| # | Mar 2023 | Mar 2024 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 100 | 44.65 | 76.15 | 76.15 | 76.15 | 76.15 |
| FII | 0 | 0 | 1.54 | 1.54 | 1.67 | 1.55 |
| DII | 0 | 0 | 14.1 | 14.1 | 17.6 | 18.11 |
| Public | 0 | 55.35 | 23.85 | 23.85 | 23.85 | 23.85 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2023 | Mar 2024 | Sep 2025 | Nov 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 0.14 | 0.06 | 8.6 | 8.6 | 8.6 | 8.6 |
| FII | 0 | 0 | 0.17 | 0.17 | 0.19 | 0.18 |
| DII | 0 | 0 | 1.59 | 1.59 | 1.99 | 2.05 |
| Public | 0 | 0.08 | 2.69 | 2.69 | 2.69 | 2.69 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.14 | 0.14 | 11.29 | 11.29 | 11.29 | 11.29 |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.