āagman

Not investment advice. Data and computed figures, for information only.

Indegene Ltd

NSE: INDGN
₹591.20
−₹5.70 (−0.95%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹13,976 Cr
CMP
₹591.20
52-wk High / Low
₹627 / 414
P/E
33.6
P/B
4.5
Book Value
₹130.0
Div Yield
0.39%
ROCE
19.0%
ROE
14.4%
Face Value
₹2
D/E
0.05

Price+6.2% over 1Y

āagman read

Computed by āagman
Derived from 8 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹221
√(22.5 × EPS × book value per share)
ROIC
11.5%
vs 11.2% sector median
Cash flow to profit
1.62
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−400
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
12.5%
ROE × earnings retention ratio
ROE stability
4.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Cash-accrual divergence
−6.3%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 19% vs the 2026 sector median of 17%)
+Price trades above its 200-day moving average (1.1x)
+Price is within 10% of its 52-week high (-5.7%)
+PE of 33.6x is below the sector median of 45.9x
Watch-outs

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6086366736736766877207567618049421,0031,063
Expenses511515524534548561589608606664783840889
Operating Profit97121149139129126132148155141160164174
OPM %16.0%19.0%22.1%20.7%19.1%18.3%18.3%19.6%20.4%17.5%17.0%16.4%16.4%
Other Income2812132622213826222019−1029
Interest131212121243344576
Depreciation20201818201920212223404244
Profit before tax92101132134120124146149152133135105153
Net Profit68759995889211011811610210380116
EPS (₹)3.083.384.454.263.673.834.584.904.854.254.283.314.82

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 8 years + TTM
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5536439661,6652,3062,5902,8393,5103,813
Expenses5114997361,3781,9102,0842,2922,8923,175
Operating Profit42144230287396505548619638
OPM %7.6%22.4%23.8%17.2%17.2%19.5%19.3%17.6%16.7%
Other Income7−102−3−215879945259
Interest69763149221922
Depreciation17192633607680126149
Profit before tax2614195226363459539525526
Net Profit14−12149163266337407401401
EPS (₹)89.98−40.20951.96937.7311.9915.1416.9516.6516.66

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital000044444848—
Reserves73−1053247641,0201,3852,5683,091—
Borrowings1474835166502490102144—
Other Liabilities1082222205246386276091,337—
Total Liabilities3296005961,3532,2042,5463,3264,620—
Fixed Assets104119861386646466781,812—
CWIP000000412—
Investments01301206147961,2901,100—
Other Assets2254685101,0969261,1031,3551,697—
Total Assets3296005961,3532,2042,5463,3264,620—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6522172297130508442651
Cash from Investing Activity−18−16−81−158−896−326−677−508
Cash from Financing Activity−21136−132233333−66288−83
Net Cash Flow25143−40373−4331155260

Ratios

As of 31 Mar 2026
8 periods
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—37.055.046.033.029.025.019.0
ROE %———————14.4
EPS (₹)89.98−40.20951.96937.7311.9915.1416.9516.65
Book Value (₹)———————130.0
Face Value (₹)———————2
P/E———————33.6
Div Yield %———————0.39
NPM %2.5−2.215.59.911.312.613.911.3
OPM %8.022.024.017.017.020.019.018.0
D/E2.01—0.160.090.470.340.040.05
P/B———————4.5

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+29.0%
3 years+15.0%
TTM+30.0%
Compounded profit growth
5 years+23.0%
3 years+16.0%
TTM−4.0%
Stock price CAGR
Last year+4.0%
Return on equity
5 years21.0%
3 years19.0%
Last year14.0%

Shareholding pattern

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBoard Meeting Intimation for Consideration Of The Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2026 Along With The Limited Review Report Of The Auditors Thereon.
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingApr 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026Recording

Corporate actions

As of 31 Jul 2026
31 Jul 2026DIVIDENDDividend - Rs 2.25 Per Share—
13 Jun 2025DIVIDENDDividend - Rs 2 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman