Natco Pharma Limited, Fundamental analysis

Natco Pharma Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Pharmaceuticals
Variance Full Year Net Profit Variance	-24
Equity Latest Equity	39.23
Face Value Latest Face Value	2
Reserves Total Reserve	10461.24
Dividend Full Year Dividend %	250
Sales Turnover Full Year Net Sales	4078.3
Net Profit Full Year Net Profit	1436.58
Full Year CPS Full Year Cash Per Share	83.8
Earning Per Share Full Year Earning Per Share	73.2
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Jun 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	735.2
Previous EPS Previous earnings per share	0
Book Value Book value	535.3
Networth Full Year Return on Networth	16.3
Price/Book Value Price to Book value	1.475808
Yearly PE ratio Full Year Price to Earning per share	10.8
Yearly PC ratio Full Year Price to Cash Per Share	9.4
Bse value BSE Value in lakhs	285.5
Nse value NSE Value in lakhs	1849.73
High 52 week high	1216
Low 52 week low	786
Price NSE Current market price	789
CPM Current market price	790

Market cap BSE / NSE Market Cap	15497.27
Net profit Latest Quarter Net Profit	206.5
Net profit variance Latest Quarter Net Profit variance	-57
Result year Trailing latest month	Jun 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	4560.6
TTM OP Trailing Twelve 12 month Operating Profit	2374.5
TTM OPM Trailing Twelve 12 month Operating Profit Margin	52.07
TTM GP Trailing Twelve 12 month Gross Profit	1300.6
TTM GPM Trailing Twelve 12 month Gross Profit Margin	37.32
TTM NP Trailing Twelve 12 month Net Profit	1944.8
TTM NPV Trailing Twelve 12 month Net Profit Variane	-32.59
TTM EPS Trailing Twelve 12 month EPS	58.33
TTM PE Trailing Twelve 12 month PE	13.54
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	189.6
Equity Latest Equity	39.23
LTP Latest Price (BSE/NSE)	790
Gross block Latest Gross Block	4256.5
Loans Total loans	141.3
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	35.8
Year GPM Full Year Gross Profit Margin	42.2
Quarter OPM Latest quater Operation Profit Margin	25.4

Quarterly Results (consolidated, figures in Rs Cr.)

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Sales	1,371	475	1,221	1,329	1,363	647	739	735
YOY Sales Growth %	33%	-37%	14%	-2%	-1%	36%	-39%	-45%
Gross Sales	1,371	475	1,221	1,329	1,363	647	739	735
+ Expenses	567	436	673	758	784	489	612	549
Material Cost %	12%	21%	11%	12%	19%	30%	12%	27%
Raw Material Cost	143	73	169	181	175	135	103	158
Change in Inventory	19	29	-39	-15	78	58	-14	38
Manufacturing Cost %	17%	45%	22%	27%	30%	30%	40%	30%
Employee Cost %	11%	30%	13%	13%	15%	25%	21%	24%
Other Cost %	1%	-4%	10%	5%	-6%	-9%	9%	-7%
Raw Materials %	10%	15%	14%	14%	13%	21%	14%	21%
Purchase of Finished Goods %	4%	8%	3%	3%	5%	9%	5%	4%
Stock Adjustments %	-1%	-6%	3%	1%	-6%	-9%	2%	-5%
Other Manufacturing Expenses %	17%	45%	22%	27%	30%	30%	40%	30%
Operating Profit	804	39	548	571	579	159	128	187
OPM %	59%	8%	45%	43%	42%	25%	17%	25%
+ Other Income	64	176	66	62	100	58	78	59
Miscellaneous Income	64	176	66	62	100	58	78	59
Interest	4	4	10	3	13	10	11	13
Depreciation	46	47	98	58	52	46	50	47
Profit before tax	818	164	506	572	614	161	144	186
+ Tax %	17%	19%	20%	16%	16%	13%	-62%	34%
Current Tax	154	34	106	116	140	31	16	49
Deferred Tax	-12	-2	-7	-24	-45	-11	-105	15
+ Net Profit	677	132	406	480	518	151	269	207
Profit / Loss of Associates	0	0	0	0	0	11	36	84
Minority Interest (After Tax)	1	1	1	0	1	0	-1	0
Net Profit After Minority Interest	677	133	407	481	518	152	268	207
EPS in Rs	37.81	7.43	22.70	26.84	28.94	8.46	14.96	11.53

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	2,065	2,202	2,095	1,915	2,052	1,945	2,707	3,999	4,430	4,078
Sales Growth %		7%	-5%	-9%	7%	-5%	39%	48%	11%	-8%
Gross Sales	1,975	2,168	2,095	1,915	2,052	1,945	2,707	3,999	4,430	4,078
Excise Duty	45	17	0	0	0	0	0	0	0	0
+ Expenses	1,382	1,274	1,300	1,332	1,446	1,681	1,772	2,247	2,234	2,642
Material Cost %	29%	19%	17%	20%	25%	29%	23%	18%	16%	17%
Raw Material Cost	618	436	388	457	560	578	651	674	702	797
Change in Inventory	-19	-25	-34	-75	-48	-17	-24	43	-13	-106
Manufacturing Cost %	7%	8%	9%	10%	9%	12%	9%	7%	7%	9%
Employee Cost %	12%	15%	17%	20%	20%	23%	18%	13%	13%	17%
Other Cost %	19%	16%	20%	20%	17%	23%	16%	18%	14%	22%
Raw Materials %	30%	20%	19%	24%	27%	30%	24%	17%	16%	20%
Purchase of Finished Goods %	5%	2%	3%	7%	9%	3%	6%	4%	4%	5%
Stock Adjustments %	1%	1%	2%	4%	2%	1%	1%	-1%	0%	3%
Power & Fuel %	2%	3%	3%	3%	3%	4%	3%	2%	2%	2%
Other Manufacturing Expenses %	5%	5%	6%	7%	6%	8%	6%	5%	5%	7%
Selling & Administration %	15%	14%	17%	16%	15%	19%	14%	15%	12%	18%
Miscellaneous Expenses %	2%	2%	3%	3%	2%	4%	1%	3%	2%	3%
Operating Profit	683	928	795	583	606	264	936	1,751	2,196	1,437
OPM %	33%	42%	38%	30%	30%	14%	35%	44%	50%	35%
+ Other Income	14	40	130	107	104	99	105	128	355	298
Miscellaneous Income	14	40	130	107	104	99	105	128	355	298
Interest	19	15	19	22	13	18	15	19	24	37
Depreciation	54	66	81	100	117	143	164	187	235	207
Profit before tax	624	887	825	569	580	202	862	1,674	2,291	1,491
+ Tax %	22%	22%	22%	19%	24%	16%	17%	17%	18%	8%
Current Tax	135	220	188	131	148	48	163	317	438	304
Deferred Tax	4	-28	-6	-21	-11	-16	-16	-31	-30	-185
+ Net Profit	485	695	642	458	442	170	715	1,388	1,883	1,419
Profit Growth %		43%	-8%	-29%	-3%	-62%	321%	94%	36%	-27%
Profit / Loss of Associates	0	0	0	0	0	0	0	0	0	47
Minority Interest (After Tax)	1	1	2	3	-2	0	0	0	2	0
Net Profit After Minority Interest	486	696	644	461	441	170	715	1,388	1,885	1,419
EPS in Rs	27.79	37.68	35.20	25.17	24.24	9.32	39.19	77.56	105.22	76.64

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	35	37	37	36	37	37	37	36	36	36
Reserves	1,614	3,035	3,453	3,737	4,085	4,227	4,837	5,817	7,571	9,185
+ Borrowings	222	173	386	316	268	416	167	371	279	714
Secured Borrowings	146	99	104	134	128	289	75	167	182	573
Unsecured Borrowings	76	74	283	182	139	127	92	204	98	141
+ Other Liabilities	447	470	428	498	403	430	617	682	744	1,139
Current Liabilities	420	433	383	396	300	461	726	816	915	1,256
Provisions	15	16	16	19	14	18	27	135	157	351
Minority Interest	4	4	2	11	2	0	0	0	5	0
Other liability items	23	33	72	91	101	97	87	75	70	67
Total Liabilities	2,318	3,715	4,303	4,588	4,792	5,109	5,657	6,906	8,631	11,074
+ Fixed Assets	833	1,019	1,227	1,584	2,023	2,312	2,427	2,491	2,698	2,803
Gross Block	1,159	1,408	1,695	2,149	2,702	3,127	3,375	3,603	4,016	4,257
Accumulated Depreciation	326	389	467	564	679	815	948	1,112	1,268	1,404
CWIP	336	480	638	518	223	130	64	137	225	294
Investments	32	77	169	112	304	308	392	539	474	3,127
+ Other Assets	1,116	2,140	2,270	2,373	2,242	2,360	2,774	3,739	5,234	4,850
Inventories	349	438	529	558	798	762	743	701	766	909
Trade receivables	475	638	506	551	413	621	856	1,189	1,247	881
Cash Equivalents	36	184	280	66	284	206	546	953	2,176	1,551
Loans n Advances	196	803	913	1,122	698	822	746	966	1,057	1,551
Other asset items	60	77	42	76	49	-51	-117	-70	-12	-42
Total Assets	2,318	3,715	4,303	4,588	4,792	5,109	5,657	6,906	8,631	11,074

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	346	464	669	417	299	47	849	1,212	1,697	1,768
Profit from Operations	725	963	839	623	642	326	964	1,807	2,269	1,521
Working Capital Changes	-253	-295	9	-98	-213	-231	63	-309	-200	646
Profit Before Tax & Extraordinary Items	624	887	825	569	580	202	862	1,674	2,291	1,491
Depreciation	54	66	81	100	117	143	164	187	235	207
Interest (Net)	8	-10	-71	-58	-43	-21	-37	-82	-163	-195
Dividend Received	0	0	0	0	0	0	0	0	-3	0
Profit / Loss on Sale of Assets	0	-10	-14	-16	-32	-43	-18	2	-90	25
Profit / Loss on Sale of Investments	0	0	0	0	0	0	0	1	-1	-2
Provisions & Write-offs (Net)	26	13	2	20	9	45	-12	28	1	9
Profit / Loss in Forex	-1	-1	-10	-6	-1	-1	0	-1	-1	-13
Receivables	-237	-174	139	-54	131	-239	-222	-341	-59	386
Inventories	8	-90	-91	-29	-240	56	19	42	-65	-143
Trade Payables	-13	6	-51	42	-110	7	102	-28	40	133
Loans & Advances	-1	-1	-3	-6	-5	4	0	0	0	0
Direct Taxes Paid	-126	-205	-179	-108	-130	-48	-178	-286	-373	-398
+ Cash from Investing Activity	-299	-1,116	-611	-175	-107	4	-465	-1,026	-1,437	-1,987
Purchase of Fixed Assets	-280	-424	-462	-359	-255	-243	-206	-359	-512	-391
Sale of Fixed Assets	0	18	18	22	47	54	31	2	115	1
Purchase of Investments	-29	-45	-112	-67	-185	-29	-126	-263	-340	-771
Sale of Investments	21	0	20	120	7	71	15	129	410	406
Interest Received	8	10	52	87	67	50	49	59	147	248
Dividend Received	0	0	0	0	0	0	0	0	3	37
Acquisition of Companies	0	0	0	0	0	-103	0	0	0	-2,079
Others	-20	-675	-128	21	210	205	-229	-594	-1,260	561
+ Cash from Financing Activity	-48	651	-51	-251	-186	35	-363	-247	-211	298
Proceeds from Issue of Shares	0	896	0	0	0	0	0	0	0	0
Proceeds from Other Long-Term Borrowings	0	0	0	0	0	0	0	0	0	400
Proceeds from Short-Term Borrowings	123	0	213	0	0	138	0	198	0	26
Repayment of Long-Term Borrowings	-14	0	0	0	0	0	0	0	0	0
Repayment of Short-Term Borrowings	0	-48	0	-80	-48	0	-239	0	-89	0
Repayment of Financial Liabilities	0	0	0	-1	-1	-2	-2	-2	-3	-2
Dividend Paid	-141	-181	-111	-154	-114	-82	-100	-171	-108	-90
Interest Paid	-16	-16	-19	-22	-13	-17	-14	-18	-18	-36
Others	0	0	-135	6	-10	-2	-7	-254	7	0
Net Cash Flow	-1	-2	7	-9	6	85	21	-62	50	79