āagman

Pfizer Ltd

NSE: PFIZER
₹3,754.70
−₹54.00 (−1.42%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹17,448 Cr
CMP
₹3,754.70
52-wk High / Low
₹5,446 / 3,731
P/E
22.7
P/B
4.2
Book Value
₹919.0
Div Yield
1.97%
ROCE
24.0%
ROE
18.0%
Face Value
₹10
D/E
0.02

Price−29.6% over 1Y

āagman read

Computed by āagman
Derived from 15 years and 13 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹1,823
√(22.5 × EPS × book value per share)
ROIC
14.6%
vs 11.5% sector median
Cash flow to profit
1.34
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+315
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
10.0%
ROE × earnings retention ratio
ROE stability
2.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.02DII −0.28
Latest quarter vs the previous one
Cash-accrual divergence
−5.0%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 21% vs the 2025 sector median of 19%)
+Annualised volatility of 24.1% is in the low band (≤25%)
+Piotroski F-Score of 7/9 is in the strong band (≥7)
+PE of 22.7x is below the sector median of 44.1x
Watch-outs
−Borrowings are up 3400% since FY2016 (2 to 70)
−Price trades below its 200-day moving average (0.8x)
−Price is 31.1% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone 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
Sales531575540547563589538592603642645629653
Expenses421393387357385399392364393412417393406
Operating Profit111183153189177189146228210230228236248
OPM %20.9%31.8%28.3%34.6%31.4%32.1%27.1%38.5%34.8%35.8%35.3%37.5%38.0%
Other Income333644754243432176742−205045
Interest3337222332221
Depreciation16151814151515161414141514
Profit before tax126201176244203215172426260255192269277
Net Profit94149130179151158128331192189142200204
EPS (₹)20.4432.5628.4139.1032.9434.6127.8972.3441.9141.3231.0043.6844.70

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 15 years + TTM
Nov 2006Nov 2007Nov 2008Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6646766781,8532,0121,9661,9692,0822,1522,2392,6112,4252,1932,2812,5202,570
Expenses5378157601,4381,5791,6161,4681,5161,5781,5261,7751,6161,5551,5401,6151,628
Operating Profit127−139−82414433350501566574712836809638742904942
OPM %19.1%−20.6%−12.1%22.3%21.5%17.8%25.4%27.2%26.7%31.8%32.0%33.4%29.1%32.5%35.9%36.7%
Other Income4860051244972321141671838163134185344139116
Interest0002121211151113158108
Depreciation1310112505863667110310911510662615858
Profit before tax1634514192074705175486606426697738247461,016976993
Net Profit10634030070305337360429509498613624551768722735
EPS (₹)35.64113.94100.3915.2666.6773.6278.7193.79111.29108.77133.90136.38120.52167.79157.92160.70

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Nov 2006Nov 2007Nov 2008Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital303030464646464646464646464646—
Reserves3766208711,9272,1182,3732,6372,9663,3502,3472,8193,1623,5504,1724,157—
Borrowings0002222226339414010870—
Other Liabilities2402181976387228401,0049261,007810997752593585649—
Total Liabilities6468671,0982,6142,8883,2613,6903,9404,4053,2663,9014,0014,2294,9114,922—
Fixed Assets656051944925902950886973894869749713724678—
CWIP21032133151013180820—
Investments00043370000000000—
Other Assets5797971,0141,6141,9232,3432,7393,0543,4322,3693,0303,2443,5164,1804,224—
Total Assets6468671,0982,6142,8883,2613,6903,9404,4053,2663,9014,0014,2294,9114,922—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Nov 2006Nov 2007Nov 2008Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1231723811334532933298323427667356257660968
Cash from Investing Activity7232−7968−701−250−238351,530−469−575−3654−71−562
Cash from Financing Activity−34−76−95−1−62−83−110−110−164−1,571−181−346−235−205−798
Net Cash Flow9717364181−417−3−17231,690−1,613−88−2675383−392

Ratios

As of 31 Mar 2026
15 periods
Nov 2006Nov 2007Nov 2008Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—37.027.024.022.017.021.023.020.023.029.026.022.021.024.0
ROE %——19.8———————————18.0
EPS (₹)35.64113.94100.3915.2666.6773.6278.7193.79111.29108.77133.90136.38120.52167.79160.70
Book Value (₹)——302.0———————————919.0
Face Value (₹)——10———————————10
P/E——119.0———————————22.7
Div Yield %——1.87———————————1.97
NPM %14.926.625.23.714.515.317.319.121.821.522.924.423.229.327.2
OPM %19.0−21.0−12.022.022.018.025.027.027.032.032.033.029.033.036.0
D/E0.000.000.000.000.000.000.000.000.000.030.010.010.010.030.02
P/B——13.3———————————4.2

Growth

As of 18 Oct 2026
Compounded sales growth
10 years+2.0%
5 years+2.0%
3 years+1.0%
TTM+11.0%
Compounded profit growth
10 years+10.0%
5 years+9.0%
3 years+8.0%
TTM+14.0%
Stock price CAGR
10 years+7.0%
5 years−6.0%
3 years−1.0%
Last year−29.0%
Return on equity
10 years17.0%
5 years18.0%
3 years16.0%
Last year18.0%

Shareholding pattern

As of 30 Sep 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%63.92%
FIIs2.89%2.89%3.03%3.32%3.22%3.54%2.74%2.18%2.40%2.60%2.71%2.81%1.65%1.63%
DIIs10.53%10.53%15.15%15.32%15.83%16.03%16.80%17.10%17.23%17.11%17.05%16.89%17.80%17.52%
Government——————————————
Public22.66%22.66%17.87%17.42%17.00%16.50%16.54%16.79%16.45%16.37%16.32%16.36%16.62%16.93%
No. of shareholders85,57085,5701,12,4561,09,2141,06,09898,8241,05,0151,08,2611,03,2221,03,4801,00,93399,5451,02,4781,04,472
Change since Jun 2023 (pp)
Promoters +0.00FIIs −1.26DIIs +6.99Public −5.73

Documents

As of 18 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Newspaper PublicationClosure of Trading WindowIntimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015.Announcement under Regulation 30 (LODR)-Change in Management
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Concalls
Aug 2020TranscriptMay 2017TranscriptFeb 2017TranscriptNov 2016TranscriptAug 2016Transcript

Corporate actions

As of 17 Jul 2026
17 Jul 2026DIVIDENDDividend - Rs 75 Per Share—
9 Jul 2025DIVIDENDDividend - Rs 35 Per Share & Special Dividend Of Rs 100 Per Share/ Special Dividend Of Rs 30—
21 Aug 2024DIVIDENDDividend - Rs 35 Per Share—
11 Aug 2023DIVIDENDDividend - Rs 35 Per Share/ Special Dividend - Rs 5 Per Share—
19 Sep 2022DIVIDENDSpecial Dividend - Rs 30 Per Share—
18 Aug 2022DIVIDENDDividend - Rs 35 Per Share—
11 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 30 Per Share/Special Dividend - Rs 5 Per Share—
27 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 10 Per Share—
6 May 2020DIVIDEND Special Dividend - Rs 320 Per Share—
1 Aug 2019DIVIDEND Dividend - Rs 22.50 Per Share—
29 Aug 2018DIVIDEND Annual General Meeting/Dividend- Rs 20 Per Share—
22 Aug 2017DIVIDEND Dividend Rs 15/- Per Share + Special Dividend Rs 5/- Per Share—
27 Jun 2016DIVIDEND Dividend - Rs.15/- Per Share—
3 Jul 2015DIVIDENDAnnual General Meeting And Dividend Rs.12.50 Per Share—
5 Dec 2013DIVIDENDInterim Dividend - Rs 360/- Per Share—
28 Aug 2013DIVIDENDAnnual General Meeting / Dividend - Rs 12.50/- Per Share + Special Dividend - Rs 20/- Per Share—
24 Jul 2012DIVIDENDAnnual General Meeting/ Dividend Rs 12.50 Per Share—
8 Jul 2011DIVIDENDDividend-Rs.4/- Per Share—
20 Jan 2011DIVIDENDInterim Dividend-Rs.12.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman