Rubicon Research Ltd, Fundamental analysis

Industry Industry name	Pharmaceuticals
Variance Full Year Net Profit Variance	85
Equity Latest Equity	16.55
Face Value Latest Face Value	1
Reserves Total Reserve	1399.78
Dividend Full Year Dividend %	150
Sales Turnover Full Year Net Sales	1753.96
Net Profit Full Year Net Profit	246.68
Full Year CPS Full Year Cash Per Share	17.6
Earning Per Share Full Year Earning Per Share	14.9
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Sep 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	576.38
Previous EPS Previous earnings per share	0
Book Value Book value	85.6
Networth Full Year Return on Networth	26.97
Price/Book Value Price to Book value	19.380841
Yearly PE ratio Full Year Price to Earning per share	111.3
Yearly PC ratio Full Year Price to Cash Per Share	94.1
Bse value BSE Value in lakhs	801.6
Nse value NSE Value in lakhs	11383.96
High 52 week high	1896
Low 52 week low	610
Price NSE Current market price	1659
CPM Current market price	1659

Market cap BSE / NSE Market Cap	27454.66
Net profit Latest Quarter Net Profit	90.48
Net profit variance Latest Quarter Net Profit variance	68
Result year Trailing latest month	Sep 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	0
TTM OP Trailing Twelve 12 month Operating Profit	0
TTM OPM Trailing Twelve 12 month Operating Profit Margin	0
TTM GP Trailing Twelve 12 month Gross Profit	473.57
TTM GPM Trailing Twelve 12 month Gross Profit Margin	22.55
TTM NP Trailing Twelve 12 month Net Profit	0
TTM NPV Trailing Twelve 12 month Net Profit Variane	89.44
TTM EPS Trailing Twelve 12 month EPS	19.62
TTM PE Trailing Twelve 12 month PE	84.53
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	0
Equity Latest Equity	16.55
LTP Latest Price (BSE/NSE)	1659
Gross block Latest Gross Block	787.79
Loans Total loans	51.64
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	22.8
Year GPM Full Year Gross Profit Margin	20.9
Quarter OPM Latest quater Operation Profit Margin	25

	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
+ Sales	313	358	352	412	476	514	534	576
YOY Sales Growth %			11%	39%	52%	43%	52%	40%
Gross Sales	313	358	352	412	476	514	534	576
+ Expenses	244	286	273	318	367	395	405	432
Material Cost %	42%	42%	48%	43%	49%	36%	30%	32%
Raw Material Cost	102	123	134	142	184	155	154	175
Change in Inventory	29	27	35	37	48	31	7	8
Manufacturing Cost %	29%	33%	32%	31%	30%	31%	28%	28%
Employee Cost %	17%	16%	17%	15%	14%	13%	16%	16%
Other Cost %	-10%	-11%	-19%	-13%	-16%	-3%	1%	-0%
Raw Materials %	33%	34%	38%	35%	39%	30%	29%	30%
Purchase of Finished Goods %	8%	4%	1%	5%	5%	9%	4%	2%
Stock Adjustments %	-9%	-7%	-10%	-9%	-10%	-6%	-1%	-1%
Other Manufacturing Expenses %	29%	33%	32%	31%	30%	31%	28%	28%
Operating Profit	70	72	79	94	108	119	129	144
OPM %	22%	20%	22%	23%	23%	23%	24%	25%
+ Other Income	0	0	1	1	4	3	6	2
Miscellaneous Income	0	0	1	1	4	3	6	2
Interest	8	12	11	11	10	10	9	11
Depreciation	9	10	10	12	12	12	15	18
Profit before tax	53	51	60	72	91	99	110	117
+ Tax %	28%	29%	27%	25%	20%	22%	23%	23%
Current Tax	14	12	14	21	18	32	32	25
Deferred Tax	1	2	2	-3	0	-11	-6	1
+ Net Profit	38	36	43	54	73	77	85	90
Minority Interest (After Tax)	0	0	0	0	0	0	0	0
Net Profit After Minority Interest	38	36	43	54	73	77	85	90
EPS in Rs	2.50	2.37	2.81	3.49	4.46	4.68	5.13	5.47

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	263	315	314	394	854	1,284	1,754
Sales Growth %		20%	-0%	25%	117%	50%	37%
Gross Sales						1,284	1,754
+ Expenses	190	243	387	474	805	1,020	1,354
Material Cost %	15%	14%	21%	25%	30%	26%	28%
Raw Material Cost	42	55	82	149	309	489	634
Change in Inventory	-4	-10	-17	-49	-53	-157	-150
Manufacturing Cost %	9%	10%	23%	17%	10%	10%	10%
Employee Cost %	16%	18%	25%	25%	15%	16%	15%
Other Cost %	33%	35%	55%	53%	40%	27%	25%
Raw Materials %	16%	17%	26%	38%	36%	38%	36%
Purchase of Finished Goods %						6%	5%
Stock Adjustments %	1%	3%	5%	13%	6%	12%	9%
Power & Fuel %	3%	2%	3%	4%	2%	2%	1%
Other Manufacturing Expenses %	5%	8%	19%	13%	7%	9%	8%
Selling & Administration %	25%	27%	41%	26%	26%	27%	24%
Miscellaneous Expenses %	5%	3%	2%	2%	1%	0%	1%
Operating Profit	73	72	-73	-80	49	264	400
OPM %	28%	23%	-23%	-20%	6%	21%	23%
+ Other Income	18	10	17	25	19	4	8
Miscellaneous Income						4	8
Interest	6	9	10	19	31	37	42
Depreciation	18	29	34	36	39	37	45
Profit before tax						195	321
+ Tax %						31%	23%
Current Tax	28	21	4	8	13	62	85
Deferred Tax	-4	11	-3	-2	-2	-2	-11
+ Net Profit						134	247
Profit Growth %							84%
Net Profit After Minority Interest	49	31	-67	-17	91	134	247
EPS in Rs	97.46	60.53	-132.38	-33.31	5.98	8.72	14.95

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5	5	5	5	15	15	17
Reserves	335	369	300	281	370	526	1,272
+ Borrowings	30	93	175	320	425	418	311
Secured Borrowings	30	93	169	318	396	393	259
Unsecured Borrowings	0	0	6	2	28	24	52
+ Other Liabilities	60	71	79	144	300	493	727
Current Liabilities	52	68	78	140	263	449	708
Provisions	12	1	2	23	56	164	237
Other liability items	8	6	1	3	37	43	19
Total Liabilities	430	538	560	750	1,109	1,451	2,327
+ Fixed Assets	157	188	193	199	307	327	532
Gross Block	218	278	317	359	492	540	788
Accumulated Depreciation	61	90	124	160	185	213	256
CWIP	2	6	3	25	10	7	41
Investments	19	14	0	0	0	0	27
+ Other Assets	252	330	364	526	793	1,118	1,728
Inventories	38	62	90	167	300	522	729
Trade receivables	140	136	140	225	301	324	509
Cash Equivalents	36	86	53	59	58	116	346
Loans n Advances	36	45	47	50	104	104	111
Other asset items	3	1	35	24	28	52	33
Total Assets	430	538	560	750	1,109	1,451	2,327

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	5	62	-63	-75	21	159	205
Profit from Operations	102	99	-39	35	174	288	428
Working Capital Changes	-70	-4	-16	-108	-135	-90	-115
Profit Before Tax & Extraordinary Items	74	63	-66	-11	103	195	321
Depreciation	18	29	34	36	39	37	45
Interest (Net)	4	7	8	18	30	35	35
Dividend Received	0	0	0	0	0	0	0
Profit / Loss on Sale of Assets	0	0	0	0	0	-1	1
Profit / Loss on Sale of Investments	-2	0	-1	0	0	0	0
Provisions & Write-offs (Net)	10	2	1	0	1	0	0
Profit / Loss in Forex	-10	-1	-16	-15	-4	-1	0
Receivables	-61	3	1	-74	-67	-21	-180
Inventories	-17	-24	-27	-78	-127	-221	-207
Trade Payables	-1	15	24	40	69	63	136
Direct Taxes Paid	-27	-33	-8	-2	-18	-39	-109
+ Cash from Investing Activity	-84	-46	-46	-32	-68	-65	-407
Purchase of Fixed Assets	-59	-71	-55	-44	-56	-70	-229
Sale of Fixed Assets	0	0	0	0	0	2	0
Purchase of Investments	-13	0	0	0	0	0	0
Sale of Investments	8	6	14	0	0	0	0
Interest Received	2	2	0	0	0	0	0
Dividend Received	0	0	0	0	0	0	0
Others	-23	17	-6	12	-13	-1	-179
+ Cash from Financing Activity	80	52	63	123	44	-40	283
Proceeds from Issue of Shares	103	0	0	0	0	8	483
Proceeds from Other Long-Term Borrowings	3	57	40	57	35	4	125
Proceeds from Short-Term Borrowings	5	24	48	100	68	25	0
Repayment of Long-Term Borrowings	-25	-18	-11	-13	-25	-34	-50
Repayment of Short-Term Borrowings	0	0	0	0	0	0	-228
Repayment of Financial Liabilities	0	-1	-3	-4	-4	-10	-11
Dividend Paid	0	-1	-1	0	0	0	0
Interest Paid	-6	-9	-9	-17	-30	-33	-37
Net Cash Flow	1	67	-45	16	-4	54	81