Mankind Pharma

    MANKIND
    Pharma
    ₹2,212.60
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹91,379 Cr

    P/E
    44.96
    Day range
    ₹2,196.10 – ₹2,289.60
    52-week range
    ₹1,909.70 – ₹2,642.00
    Volume
    6.79 L
    Open
    ₹2,282.90
    Prev close
    ₹2,275.60

    Latest results · Q1 FY27(consolidated)Revenue ₹4,031 Cr+12.9%Profit ₹574 Cr+29.1%Margin 14.2%YoY vs the same quarter last year

    1 red flag to read up on

    • medium

      Material exchange filing

      Resignation Of Statutory Auditors Of A Material WOS · 28 Sept 2026

    From NSE and BSE filings. A flag is a reason to read the filing, not a rating.

    F&O margin for one lot of MANKIND (250 shares)

    Research profile

    Composite 59 / 100

    Factor percentiles

    Value45
    Quality56
    Momentum54
    Low volatility80

    Derived metrics

    Earn. yield
    2.2%
    Graham no.
    ₹677.04
    vs Graham
    -69.4%
    ROE ÷ P/B
    2.3%
    12-1 mom.
    +1.7%
    Return / vol
    -0.35
    Magic Formula
    #473
    Piotroski
    5/6
    FCF yield
    2.6%
    PEG
    1.42

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 67 in Pharma
    Largest Pharma companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Sun PharmaSUNPHARMA₹4.19 L Cr34.685.0214.8%21.0%29.0%0.06+10.5%
    Divi's LaboratoriesDIVISLAB₹2.38 L Cr81.2114.5216.2%22.0%41.0%0.00+27.8%
    Torrent PharmaTORNTPHARM₹1.72 L Cr76.439.3726.8%15.0%33.0%0.77+50.8%
    Zydus LifesciencesZYDUSLIFE₹1.13 L Cr25.174.2020.1%21.0%24.0%0.46+22.0%
    Apollo HospitalsAPOLLOHOSP₹1.11 L Cr53.1911.5422.6%17.0%16.0%0.90+20.6%
    CiplaCIPLA₹1.08 L Cr32.093.1211.8%15.0%17.0%0.02+2.3%
    Laurus LabsLAURUSLABS₹1.06 L Cr97.3820.0618.2%18.0%32.0%0.48+29.0%
    Mankind PharmaMANKIND₹91,379 Cr44.965.6012.7%14.0%26.0%0.39+12.9%
    Sector median₹23,579 Cr41.615.6015.1%17.0%25.0%0.16+20.7%

    Sector as classified in the tracked universe; medians use every tracked Pharma company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 5d ago

    Headlines about Mankind Pharma from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    42.9
    EPS (TTM)
    ₹49.42
    Price / Book
    5.60
    ROE (FY26)
    12.7%
    ROCE (latest year)
    14%
    Dividend yield
    0.05%

    Moving averages (NSE)

    20-day
    ₹2,398.94
    Price below
    50-day
    ₹2,377.67
    Price below
    200-day
    ₹2,307.61
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +17.7%
    Profit 3Y CAGR
    +13.9%
    Revenue YoY (Jun 2026)
    +12.9%
    Profit YoY (Jun 2026)
    +29.0%
    Operating margin
    26.0%
    Net margin
    14.2%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr2K Cr4K Cr6K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2015Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-20K Cr-10K Cr0 Cr10K Cr20K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY20FY21FY22FY23FY24FY25FY260%10%20%30%40%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr5K Cr10K Cr15K Cr20K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2015Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260x0.5x1x

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,7082,6072,4222,8683,0613,1993,0793,5703,6973,5673,4434,031
    Expenses2,0252,0001,8362,1962,2142,3832,3962,7242,7762,6482,5132,974
    Operating Profit6836065866728478166838479219199301,056
    OPM %25%23%24%23%28%26%22%24%25%26%27%26%
    Other Income637594108109872498394-319449
    Interest999117221191171170157142110
    Depreciation96110100103100187231219222223223226
    Profit before tax641562572666849495511540624509659769
    Tax %20%18%17%18%22%22%17%18%17%19%15%25%
    Net Profit511460477543659385425445520414559574
    EPS in Rs₹12.51₹11.33₹11.76₹13.39₹16.31₹9.22₹10.20₹10.62₹12.39₹9.90₹13.43₹13.75

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days44

    +25 days since Mar 2021

    Inventory Days193

    -50 days since Mar 2021

    Days Payable121

    -16 days since Mar 2021

    Cash Conversion Cycle117

    -8 days since Mar 2021

    Working Capital Days-40

    -72 days since Mar 2021

    Strengths, risks & growth

    Incorporated in 1995, Mankind Pharma Limited develops, manufactures, and markets pharmaceutical formulations in various acute and chronic therapeutic areas and several consumer healthcare products. [1]

    Strengths

    • Company has reduced debt.

    Risks

    • Promoter holding has decreased over last 3 years: -3.88%

    Compounded Sales Growth

    10 Years
    —
    5 Years
    +18%
    3 Years
    +18%
    TTM
    +14%

    Compounded Profit Growth

    10 Years
    —
    5 Years
    +11%
    3 Years
    +17%
    TTM
    +13%

    Stock Price CAGR

    10 Years
    —
    5 Years
    —
    3 Years
    +9%
    1 Year
    -9%

    Return on Equity

    10 Years
    —
    5 Years
    +17%
    3 Years
    +16%
    Last Year
    +13%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter72.66%72.66%72.63%72.62%-0.01 pp
    FII11.34%10.24%9.45%9.37%-0.08 pp
    DII13.26%14.46%15.39%15.54%+0.15 pp
    Public2.75%2.63%2.53%2.46%-0.07 pp

    Filed with NSE for Sept 2026: promoters 72.62%, public 27.38% · XBRL filing

    Analysts & fund holdings

    75%
    75% recommend buy
    16 analysts cover the stock
    Valuation vs Pharmaceuticals
    P/E45.0 vs 44.2
    Sector P/B5.54
    Beta0.49

    Who holds the shares, quarter by quarter

    Mutual funds 11.31% (+0.44 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters72.6%
    • Foreign institutions9.4%
    • Mutual funds11.3%
    • Insurance1.4%
    • Other domestic institutions2.9%
    • Retail1.3%
    • Others1.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Large Cap Fund1.08%1.95%+0.06 pp
    Nippon India Growth Mid Cap Fund1.04%1.95%+0.19 pp
    HDFC Large Cap Fund0.73%1.84%+0.05 pp
    Nippon India Large Cap Fund0.57%1.04%+0.20 pp
    Aditya Birla SL Flexi Cap Fund0.55%1.85%+0.27 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    26.5%
    Downside volatility
    24.8%
    Worst 5% of days
    2.7%
    Average of that tail
    3.5%
    Max drawdown (1Y)
    27.6%
    Below its peak
    16.8%

    Against the market

    Beta vs Nifty 50
    0.65
    Correlation
    0.32
    Relative strength (3M)
    -8.2%
    ATR (14)
    3.1%

    Return

    Return 1M
    -10.8%
    Return 3M
    -13.5%
    Return 6M
    -1.0%
    Return 1Y
    -9.2%
    vs 200-day average
    -4.1%

    Momentum

    RSI (14)
    34.6
    MACD histogram
    -22.99
    Stochastic %K
    4.8
    ADX (14)
    24.1
    +DI / −DI
    12.1 / 25.1
    Money flow index
    14.8

    Participation

    Delivery (20d avg)
    55.8%
    vs its 60-day baseline
    -0.5 pts
    Volume vs 20-day
    +0.2σ
    Close vs day's VWAP
    -0.3%
    52-week position
    39 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    ₹2,384 Cr
    FCF yield
    2.6%
    Cash conversion
    1.61
    Accruals ratio
    -0.042
    Net debt
    ₹5,920 Cr
    Net debt / equity
    0.36
    EV / sales
    6.60
    PEG
    1.42
    Capex intensity
    5.2%
    Revenue CAGR
    11.8%
    Profit CAGR
    31.7%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      8 Aug 2025
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Due to a technical issue, the meeting link provided in the earlier intimation regarding "Rescheduling of the Earnings Conference Call for Q2 & H1 FY27", uploaded today at 15:39:16 IST, ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached Intimation regarding Schedule of Analyst/ Institutional Investors Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached intimation regarding rescheduling of Earnings Conference Call for Q2 & H1 FY27

    Others
    Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD

    Intimation regarding payment of interest and redemption of Non-Convertible Debentures ("NCD")

    Company Update
    Intimation Regarding ESG Rating

    Please find attached intimation regarding ESG Rating

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    Please find attached press release titled "Mankind Pharma to Acquire Majority Stake in Armed Cell Therapeutics, Marking Strategic Entry into Next-Generation CAR-T Therapies".

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Please find attached intimation regarding investment by the Company.

    Others
    Board Meeting Outcome for Outcome Of Board Meeting

    Please find attached outcome of Board Meeting held on October 15, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find attached intimation regarding Earnings Conference Call for Q2 & H1 FY27.

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Please find attached certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended on September 30, 2026.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Adoption Of Unaudited Financial Results

    Mankind Pharma Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve the unaudited standalon and ....

    Company Update
    Resignation Of Statutory Auditors Of A Material WOS

    Please find attached intimation regarding resignation of Statutory Auditors of the Bharat Serums and Vaccines Limited, a matterial wholly owned subsidiary company.

    Insider Trading / SAST
    Closure of Trading Window

    Please find attached, the intimation of clsoure of the trading window.

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

    Please find attached Voting Results of Postal Ballot and Scrutinizer's Report

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    Please find attached Voting Results of Postal Ballot and Scrutinizer's Report

    Filed with BSE (scrip 543904); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 31 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Mankind Pharma: common questions

    Answered from the figures on this page.

    Mankind Pharma last traded at ₹2,212.60 (NSE, as of 25 Oct 2026). The last session moved it down 2.77%.

    Mankind Pharma is valued at about ₹91,379 crore (NSE, as of 25 Oct 2026).

    Mankind Pharma trades at a price-to-earnings ratio of 44.96 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Mankind Pharma has traded between ₹1,909.70 and ₹2,642.00 over the past 52 weeks, to 25 Oct 2026. It is currently 41% of the way up that range.

    Mankind Pharma (MANKIND) is classified under Pharma on this site's screener.