Torrent Pharma

    TORNTPHARM
    Pharma
    ₹4,524.40
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹1.72 L Cr

    P/E
    76.43
    Day range
    ₹4,476.10 – ₹4,650.70
    52-week range
    ₹3,532.60 – ₹5,250.00
    Volume
    3.29 L
    Open
    ₹4,637.90
    Prev close
    ₹4,615.30

    Latest results · Q2 FY27(consolidated)Revenue ₹4,979 Cr+50.8%Profit ₹534 Cr-9.6%Margin 10.7%YoY vs the same quarter last year

    1 red flag to read up on

    • medium

      Promoter holding falling

      60.78%, down 7.53 pts since 2025-12-31 · 30 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 TORNTPHARM (125 shares)

    Research profile

    Composite 61 / 100

    Factor percentiles

    Value28
    Quality50
    Momentum69
    Low volatility99

    Derived metrics

    Earn. yield
    1.3%
    Graham no.
    ₹787.42
    vs Graham
    -82.6%
    ROE ÷ P/B
    2.9%
    12-1 mom.
    +40.1%
    Return / vol
    1.31
    Magic Formula
    #533
    Piotroski
    1/6
    FCF yield
    1.4%

    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%
    Dr. Reddy's LabsDRREDDY₹1.02 L Cr36.602.7311.6%13.0%11.0%0.20-5.5%
    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 2d ago

    Headlines about Torrent 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)
    79.3
    EPS (TTM)
    ₹62.60
    Price / Book
    9.37
    ROE (FY26)
    26.8%
    ROCE (latest year)
    15%
    Dividend yield
    0.84%

    Moving averages (NSE)

    20-day
    ₹4,704.08
    Price below
    50-day
    ₹4,840.76
    Price below
    200-day
    ₹4,493.54
    Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +13.3%
    Profit 3Y CAGR
    +19.8%
    Revenue YoY (Sep 2026)
    +50.8%
    Profit YoY (Sep 2026)
    -9.6%
    Operating margin
    33.0%
    Net margin
    10.7%

    Revenue, profit & margin - quarterly

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

    0 Cr2K Cr4K Cr6K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 20260%20%40%

    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
    • FII
    • DII
    • Public
    • Government

    Cash flows

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

    Mar 2017Mar 2018Mar 2019Mar 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

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%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 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x1x2x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 8 Jul 2022: earlier bars are per pre-bonus share.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹10₹20₹30₹40

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales2,7322,7452,8592,8892,8092,9593,1783,3023,3034,1974,9214,979
    Expenses1,8631,8621,9551,9501,8951,9952,1462,2192,2152,8413,2573,313
    Operating Profit8698839049399149641,0321,0831,0881,3561,6641,666
    OPM %32%32%32%32%33%33%32%33%33%32%34%33%
    Other Income553124-1633-42-37-40-23-83-33-20
    Interest808075645756564845236305300
    Depreciation213203197198199201201204206508593609
    Profit before tax631631656661691665738791814529733737
    Tax %30%29%30%31%27%25%26%25%22%31%23%28%
    Net Profit443449457453503498548591635364566534
    EPS in Rs₹13.09₹13.27₹13.50₹13.38₹14.86₹14.71₹16.19₹17.46₹18.76₹10.76₹16.72₹14.04

    From company filings, updated 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days79

    +10 days since Mar 2021

    Inventory Days338

    -118 days since Mar 2021

    Days Payable254

    -97 days since Mar 2021

    Cash Conversion Cycle163

    -11 days since Mar 2021

    Working Capital Days-26

    -21 days since Mar 2021

    Strengths, risks & growth

    Torrent Pharmaceuticals Ltd is one of the leading Indian Pharmaceutical Company engaged in research, development, manufacturing and marketing of generic pharmaceutical formulations. [1] It is the flagship company of Torrent Group which also has presence in power and city gas distribution businesses. [2]

    Strengths

    • Company is expected to give good quarter
    • Company has a good return on equity (ROE) track record: 3 Years ROE 26.2%
    • Company has been maintaining a healthy dividend payout of 57.8%

    Risks

    • Stock is trading at 9.37 times its book value
    • Promoter holding has decreased over last quarter: -7.53%
    • The company has delivered a poor sales growth of 11.8% over past five years.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +8%
    5 Years
    +12%
    3 Years
    +13%
    TTM
    +42%

    Compounded Profit Growth

    10 Years
    +2%
    5 Years
    +12%
    3 Years
    +22%
    TTM
    0%

    Stock Price CAGR

    10 Years
    +19%
    5 Years
    +24%
    3 Years
    +33%
    1 Year
    +26%

    Return on Equity

    10 Years
    +22%
    5 Years
    +24%
    3 Years
    +26%
    Last Year
    +27%

    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
    Promoter68.31%68.31%68.31%60.78%-7.53 pp
    FII16.13%16.18%15.44%17.22%+1.78 pp
    DII9.05%8.96%9.73%13.37%+3.64 pp
    Government0.10%0.00%0.10%0.09%-0.01 pp
    Public6.41%6.55%6.42%8.54%+2.12 pp

    Filed with NSE for Sept 2026: promoters 60.78%, public 39.22% · XBRL filing

    Analysts & fund holdings

    82%
    82% recommend buy
    27 analysts cover the stock
    Valuation vs Pharmaceuticals
    P/E76.4 vs 44.2
    Sector P/B5.54
    Beta0.63

    Who holds the shares, quarter by quarter

    Mutual funds 8.82% (+0.55 pp)
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Jul 26
    Sept 26
    • Promoters60.8%
    • Foreign institutions17.2%
    • Mutual funds8.8%
    • Insurance2.0%
    • Other domestic institutions2.7%
    • Retail4.5%
    • Others4.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Large Cap Fund0.88%4.09%+0.33 pp
    Kotak Mid Cap Fund0.48%1.25%+1.25 pp
    Axis Small Cap Fund0.42%2.32%+2.32 pp
    Kotak Arbitrage Fund0.28%0.63%+0.48 pp
    Axis Large Cap Fund0.22%1.29%+0.23 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    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)
    21.7%
    Downside volatility
    20.6%
    Worst 5% of days
    2.2%
    Average of that tail
    2.8%
    Max drawdown (1Y)
    11.7%
    Below its peak
    11.7%

    Against the market

    Beta vs Nifty 50
    0.30
    Correlation
    0.18
    Relative strength (3M)
    -5.4%
    ATR (14)
    2.4%

    Return

    Return 1M
    -8.3%
    Return 3M
    -10.7%
    Return 6M
    +10.8%
    Return 1Y
    +28.5%
    vs 200-day average
    +0.7%

    Momentum

    RSI (14)
    33.9
    MACD histogram
    -10.32
    Stochastic %K
    16.6
    ADX (14)
    31.9
    +DI / −DI
    10.1 / 20.2
    Money flow index
    20.6

    Participation

    Delivery (20d avg)
    60.6%
    vs its 60-day baseline
    -1.1 pts
    Volume vs 20-day
    +0.1σ
    Close vs day's VWAP
    +0.0%
    52-week position
    63 / 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

    1 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — failed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • 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 — failed
    • Asset turnover improving — failed
    Free cash flow
    ₹2,345 Cr
    FCF yield
    1.4%
    Cash conversion
    1.41
    Accruals ratio
    -0.020
    Net debt
    ₹13,908 Cr
    Net debt / equity
    1.66
    EV / sales
    10.69
    Capex intensity
    4.8%
    Revenue CAGR
    41.8%
    Profit CAGR
    -26.9%

    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.

    Model simulation

    30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 9 Oct 2026, simulating 10 sessions ahead.

    Research
    Research output, not advice. Model output for research only. Not investment advice, not a price target, and not a prediction of actual returns. Generated by a statistical model from past prices; past patterns do not determine future prices.

    Lower edge (10th percentile)

    ₹4,475.04

    -3.9%

    Upper edge (90th percentile)

    ₹4,732.4

    +1.6%

    The marker is the last close, ₹4,656.9. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹4,620.5 (-0.8%), which is the centre of the simulation and not an expected or target price.

    The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 9 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.

    Corporate actions

    • dividend
      ₹9.00

      Dividend - Rs 9 Per Share

      29 May 2026
      ex-date
    • dividend
      ₹29.00

      Interim Dividend - Rs 29 Per Share

      18 Feb 2026
      ex-date
    • dividend
      ₹6.00

      Dividend - Rs 6 Per Share

      20 Jun 2025
      ex-date
    • dividend
      ₹26.00

      Interim Dividend - Rs 26 Per Sh

      31 Jan 2025
      ex-date
    • dividend
      ₹6.00

      Dividend - Rs 6 Per Share

      21 Jun 2024
      ex-date
    • dividend
      ₹22.00

      Interim Dividend - Rs 22 Per Share

      12 Feb 2024
      ex-date
    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      23 Jun 2023
      ex-date
    • dividend
      ₹14.00

      Interim Dividend - Rs 14 Per Share

      3 Feb 2023
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1

      8 Jul 2022
      ex-date
    • dividend
      ₹25.00

      Interim Dividend - Rs 25 Per Share

      2 Feb 2022
      ex-date
    • dividend
      ₹15.00

      Dividend - Rs 15 Per Share

      17 Jun 2021
      ex-date
    • dividend
      ₹20.00

      Interim Dividend - Rs 20 Per Share

      15 Feb 2021
      ex-date
    • dividend
      ₹17.00

      Interim Dividend - Rs 17 Per Share Special Dividend - Rs 15 Per Share

      18 Mar 2020
      ex-date
    • dividend
      ₹4.00

      Dividend Rs 4 Per Share

      13 Jun 2019
      ex-date
    • dividend
      ₹13.00

      Interim Dividend - Rs 13 Per Share

      6 Feb 2019
      ex-date
    • dividend
      ₹5.00

      Dividend- Rs 5 Per Share

      18 Jun 2018
      ex-date
    • dividend
      ₹9.00

      Interim Dividend Rs 9/- Per Share (Purpose Revised)

      15 Feb 2018
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4/- Per Share

      19 Jun 2017
      ex-date
    • dividend
      ₹10.00

      Interim Dividend Rs 10/- Per Share (Purpose Revised)

      10 Feb 2017
      ex-date
    • dividend
      ₹15.00

      Interim Dividend - Rs 15/- Per Share (Purpose Revised)

      16 Mar 2016
      ex-date

    Company announcements

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

    Post Quarterly Financial Result Conference call with investors / analyst

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Intimation of Credit Rating

    Board MeetingPrice-sensitive
    Board Meeting Intimation for To Consider And Approve The Audited Financial Results On Standalone Basis And Unaudited Financial Results (With Limited Review) On Consolidated Basis Of The Company For The Quarter And Half Year Ended On 30-Sep-26.

    Torrent Pharmaceuticals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve the Audited Financial ....

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

    Disclosure pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations

    Insider Trading / SAST
    Closure of Trading Window

    Intimation of Closure of Trading Window Period - Q2

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

    Intimation of Schedule of Investor Meets

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper advertisement in respect of special window for transfer and dematerialisation of physical shares

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

    Outcome of Postal Ballot

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

    Scrutinizer's Report on the Postal Ballot

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

    Intimation of Schedule of Investors Meet under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    Company Update
    Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - ESG Rating

    ESG Rating

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement for completion of dispatch of Postal Ballot Notice

    AGM/EGM
    Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    Notice of Postal Ballot

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

    Transcript of Conference call with Analysts / Investors on Financial Results for the quarter ended 30th June, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Cessation

    Intimation of Cessation of Director of the Company

    Filed with BSE (scrip 500420); 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 24 Oct 2026 (audited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Torrent Pharma: common questions

    Answered from the figures on this page.

    Torrent Pharma last traded at ₹4,524.40 (NSE, as of 25 Oct 2026). The last session moved it down 1.97%.

    Torrent Pharma is valued at about ₹1.72 lakh crore (NSE, as of 25 Oct 2026).

    Torrent Pharma trades at a price-to-earnings ratio of 76.43 (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.

    Torrent Pharma has traded between ₹3,532.60 and ₹5,250.00 over the past 52 weeks, to 25 Oct 2026. It is currently 58% of the way up that range.

    Torrent Pharma (TORNTPHARM) is classified under Pharma on this site's screener.