S

Shilpa Medicare Limited

SHILPAMEDNSE
Market snapshot · 2026-08-12 20:23 UTC

805.20

₹-14.50 (-1.77%)

MARKET CAP

₹15.75K Cr

STOCK P/E

53.1x

52W HIGH

₹825.40

52W LOW

₹259.50

BOOK VALUE

₹132.46

EPS

₹15.16

ROE

SECTOR

Health Care

DEBT/EQUITY

25.47

VOLUME

9.77L

P/B RATIO

6.08x

PEG RATIO

0.46

Sector

Health Care

Themes

PharmaceuticalsAkash Bhanshali PortfolioCohesion Mk Best Ideas Sub-trust Portfolio
D
Dividend
S
Split
E
Earnings
₹805.20₹670.65₹536.10₹401.55₹267.00VolumeDSSEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for SHILPAMED.

3.00 analysts

Price Forecast

Current
₹805.20
High Target
₹870.00
▲ +8.0%
Median Target
₹820.00
▲ +1.8%
Low Target
₹635.00
▼ -21.1%
Now₹805.20High ₹870.00Median ₹820.00Low ₹635.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
3 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹644.19 - ₹1,07080%
6M₹598.00 - ₹1,22680%
12M₹548.04 - ₹1,51380%
Realized vol: +39.6% · Drift: +20.1%

Revenue Forecast

₹ Cr
Dec '25Current₹166.0
Sep 2026 ETrend estimate range
High₹161.6Base₹149.6Low₹137.6
Mar '25: ₹126.0 · Jun '25: ₹92.0 · Sep '25: ₹135.0 · Dec '25: ₹166.0 · Sep '26: ₹149.6 · Dec '26: ₹184.0
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E126.092.0135.0166.0149.6184.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹0.84
Sep 2026 ETrend estimate range
High₹1.24Base₹1.11Low₹0.97
Mar '25: ₹-0.58 · Jun '25: ₹2.12 · Sep '25: ₹1.58 · Dec '25: ₹0.84 · Sep '26: ₹1.11 · Dec '26: ₹0.59
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E-0.582.121.580.841.110.59
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
40%
Analyst Consensus
Positive

From 3 analysts

Mean upside-3.8%

Fundamentals

Moderate

Fundamentals institutional score is 66 using growth durability 66.4.

Valuation

Premium valuation

Valuation institutional score is 0 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 59 using mean target upside -3.8%; dispersion penalty 12.1; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 0 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. fundamentals provide support, while valuation and technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price775 target
Mean Upside-3.8%
Technical Score0%
Fundamental Score66%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 136.8% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +3.82). Confidence: 65%.

Live forward EPS implies next-12-month EPS of ₹19.98. Applying the stock's normalized valuation corridor produces a fair range of ₹350.85 to ₹553.65, with base value near ₹448.15 (-44.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹19.98

Forward P/E

40.3x

Base Fair Value

₹448.15

Fair Range

₹350.85 - ₹553.65

Upside To Base

-44.3%

Estimate Source

Live forward EPS

Growth Estimate

+115.4%

P/E
Strongly Overvalued

5Y Average

19.17

Current

53.11

Overvalued

27.71

Undervalued

17.56

EV/EBITDA
Strongly Overvalued

5Y Average

12.42

Current

34.40

Overvalued

15.38

Undervalued

7.89

P/S
Strongly Overvalued

5Y Average

3.38

Current

9.36

Overvalued

4.18

Undervalued

2.14

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 36.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
AKUMS DRUGS AND PHARMA L
AKUMSPharmaceuticals
+9.6%5.9%
39.4x
Fair
+8% vs avg
+56.1%
BLUE JET HEALTHCARE LTD
BLUEJETPharmaceuticals
-17.4%26.5%
43.4x
Premium
+19% vs avg
-25.4%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
35.9x
Fair
-2% vs avg
+12.2%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
38.5x
Fair
+5% vs avg
-14.9%
IPCA LABORATORIES LTD
IPCALABPharmaceuticals
+6.3%11.8%
39.3x
Fair
+7% vs avg
+28.1%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
39.0x
Fair
+7% vs avg
+31.3%
CAPLIN POINT LAB LTD.
CAPLIPOINTPharmaceuticals
+19.0%29.3%
29.4x
Undervalued
-20% vs avg
+21.9%
ALIVUS LIFE SCIENCES LTD
ALIVUSPharmaceuticals
+6.4%23.3%
27.7x
Undervalued
-24% vs avg
+45.4%
WHY THESE PEERS

SHILPA MEDICARE LTD trades at a premium (53.1x vs peer avg 36.6x), implying higher growth or quality expectations from the Pharmaceuticals cohort. Peers include AKUMS DRUGS AND PHARMA L, BLUE JET HEALTHCARE LTD, GLENMARK PHARMACEUTICALS — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹166 CrDec 2025

Latest net profit

₹25 CrDec 2025

Latest EPS

₹0.84Dec 2025

Net margin

10.5%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%5.0%10.0%15.0%20.0%0.00 Cr45 Cr90 Cr135 Cr180 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr45 Cr90 Cr135 Cr180 Cr₹-1₹0₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr45 Cr90 Cr135 Cr180 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-350 Cr0.00 Cr350 Cr700 Cr1.05K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales66.537.8374.6163.9887.4596.1213012512692.43135166
Expenses80.2768.467.3267.2880.572.7786.8210391.3975.4495.79135
Operating Profit-25.75-42.83-5.38-15.69-5.3411.0530.8410.2722.424.425.9917.43
OPM %-38.72%-113.22%-7.21%-24.52%-6.11%11.5%23.78%8.19%17.77%4.76%19.26%10.52%
Other Income20.3320.7822.7622.3323.2531.421.4716.2613.9117.7916.9411.29
Interest6.616.765.182.612.711.771.191.191.912.232.442.74
Depreciation11.9812.2612.6712.3912.2912.312.0212.212.3412.5913.1513.56
Profit before tax-12.03-28.8112.24.0315.240.6851.1225.3434.4219.9640.4925.98
Tax %-24.94%-9.93%44.18%30.02%11.05%30.33%39.44%36.35%-12.43%52.66%32.33%4.97%
Net Profit-15.03-31.676.812.8213.5228.3430.9616.1338.79.4527.424.69
EPS in Rs-3.33-4.380.760.311.122.893.121.65-0.582.121.580.84

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters44.23%44.23%44.23%40.13%40.13%
FII10.97%11.19%10.92%10.97%11.07%
DII7.55%7.44%7.65%8.34%8.58%
Public24.42%23.21%23.35%27.80%27.71%
Others12.83%13.93%13.85%12.76%12.51%
Mar 2026
Promoters
FII
DII
Public
Others