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

Marksans Pharma Ltd

NSE: MARKSANS
₹307.85
−₹6.30 (−2.01%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹14,007 Cr
CMP
₹307.85
52-wk High / Low
₹351 / 155
P/E
27.1
P/B
4.6
Book Value
₹66.7
Div Yield
0.29%
ROCE
19.0%
ROE
15.2%
Face Value
₹1
D/E
0.11

Price+69.5% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹118
√(22.5 × EPS × book value per share)
ROIC
11.2%
vs 11.2% sector median
Cash flow to profit
1.09
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+920
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
14.0%
ROE × earnings retention ratio
ROE stability
0.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.71DII −0.38
Latest quarter vs the previous one
Cash-accrual divergence
−1.1%
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 (1.3x)
+FII holding rose by 2.4pp over the last year
+PE of 27.1x is below the sector median of 45.9x
Watch-outs
−Borrowings are up 243.0% since FY2016 (100 to 343)

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
Sales500531586560591642682708620720754856841
Expenses398417453450462495543582520576594661628
Operating Profit102114133110128147139127100144161195213
OPM %20.4%21.5%22.7%19.6%21.7%22.9%20.4%17.9%16.1%20.0%21.4%22.8%25.3%
Other Income10195171502815622203525
Interest2235333366667
Depreciation14182221202021232327242425
Profit before tax9711411310012012514311677133151200207
Net Profit708483788998105915899114149159
EPS (₹)1.521.841.841.731.962.132.312.001.292.172.503.273.47

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7978937679131,0001,1341,3761,4911,8522,1772,6232,9513,172
Expenses6127577228348689421,0371,2321,5131,7192,0902,3502,458
Operating Profit1851364578132192340259340459533601714
OPM %23.2%15.2%5.9%8.5%13.2%16.9%24.7%17.4%18.4%21.1%20.3%20.4%22.5%
Other Income39785074259506682102
Interest161071010988911122425
Depreciation162830272327364552748399100
Profit before tax1561071550104157302248338424504561691
Net Profit11283113680121239187265315383420521
EPS (₹)2.671.920.220.801.872.955.764.515.886.928.409.2211.41

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital414141414141414145454545—
Reserves3264013924305025958461,1611,7002,0202,4222,978—
Borrowings1011001101181003034111123244322343—
Other Liabilities207180209142160236307323322372451489—
Total Liabilities6767227527318029021,2281,6362,1902,6813,2403,856—
Fixed Assets1662702672792703033094284867769821,044—
CWIP0000001231092759—
Investments0000000012710—
Other Assets5104524844515335999071,2051,6941,8692,2302,753—
Total Assets6767227527318029021,2281,6362,1902,6813,2403,856—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1553114502723317999237230207458
Cash from Investing Activity−33−123−21−39−13−60−45−84−259−141−49−249
Cash from Financing Activity17−58−33−21−114−1580198−69−65−71
Net Cash Flow138−150−1015−760118941762193138

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %44.023.04.010.018.025.038.023.022.021.020.019.0
ROE %———————————15.2
EPS (₹)2.671.920.220.801.872.955.764.515.886.928.409.22
Book Value (₹)———————————66.7
Face Value (₹)———————————1
P/E———————————27.1
Div Yield %———————————0.29
NPM %14.09.21.43.98.010.717.312.213.914.114.213.8
OPM %23.015.06.09.013.017.025.017.018.021.020.020.0
D/E0.280.230.250.250.180.050.040.090.070.120.130.11
P/B———————————4.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+13.0%
5 years+16.0%
3 years+17.0%
TTM+20.0%
Compounded profit growth
10 years+18.0%
5 years+12.0%
3 years+16.0%
TTM+48.0%
Stock price CAGR
10 years+19.0%
5 years+35.0%
3 years+41.0%
Last year+70.0%
Return on equity
10 years17.0%
5 years17.0%
3 years16.0%
Last year15.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters48.25%48.25%48.25%48.25%48.25%48.25%48.25%43.85%43.85%43.87%43.87%43.87%
FIIs8.35%8.35%3.16%3.45%2.54%4.34%3.46%15.11%15.57%22.19%16.76%17.47%
DIIs0.28%0.28%1.74%0.62%0.89%0.34%0.47%1.46%5.17%4.55%6.57%6.19%
Government————————————
Public43.12%43.12%46.85%47.68%48.32%47.07%47.82%39.57%35.40%29.37%32.78%32.46%
No. of shareholders1,12,1141,12,1141,24,5961,27,1581,23,2151,35,2712,20,0901,98,3822,54,6992,57,2732,46,2792,46,635
Change since Jun 2023 (pp)
Promoters −4.38FIIs +9.12DIIs +5.91Public −10.66

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowSpecial Window For Re-Lodgement Of Transfer Requests Of Physical SharesAnnouncement under Regulation 30 (LODR)-Newspaper PublicationAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationVoting Results Of The 34Th Annual General Meeting Of The Company
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 20 Aug 2026
20 Aug 2026DIVIDENDDividend - Re 0.90 Per Share—
1 Aug 2025DIVIDENDDividend - Re 0.80 Per Share—
17 Sep 2024DIVIDENDDividend - Rs 0.60 Per Share—
7 Jun 2023DIVIDENDDividend - Re 0.50 Per Share—
19 Aug 2022DIVIDENDAnnual General Meeting/Dividend - Rs 0.25 Per Share—
15 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.25 Per Share—
22 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.10 Per Share—
19 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.05 Per Share—
19 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.05 Per Share—
19 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.05 Per Share—
22 Sep 2016DIVIDEND Annual General Meeting/Dividend - Re 0.12 Per Share—
23 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Re 0.12/- Per Share—
18 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Re 0.10/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman