T

Torrent Pharmaceuticals Limited

TORNTPHARMNSE
Market snapshot · 2026-08-10 19:45 UTC

4,924.00

₹0.00 (+0.00%)

MARKET CAP

₹1.87L Cr

STOCK P/E

78.7x

52W HIGH

₹5,250.00

52W LOW

₹3,480.60

BOOK VALUE

₹247.85

EPS

₹62.53

ROE

SECTOR

Health Care

DEBT/EQUITY

85.45

VOLUME

4.16L

P/B RATIO

19.87x

PEG RATIO

-9.60

Sector

Health Care

Themes

Pharmaceuticals
D
Dividend
E
Earnings
₹5,122.80₹4,713.06₹4,303.32₹3,893.58₹3,483.84VolumeEDEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

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

29.00 analysts

Price Forecast

Current
₹4,924
High Target
₹6,194
▲ +25.8%
Median Target
₹5,500
▲ +11.7%
Low Target
₹4,150
▼ -15.7%
Now₹4,924High ₹6,194Median ₹5,500Low ₹4,150Aug '25Now12M Target
Price history (1Y)
Analyst target range
29 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹4,457 - ₹5,85380%
6M₹4,369 - ₹6,42380%
12M₹4,339 - ₹7,48480%
Realized vol: +21.3% · Drift: +16.9%

Revenue Forecast

₹ Cr
Dec '25Current₹2,599.0
Sep 2026 ETrend estimate range
High₹3,282.4Base₹3,039.3Low₹2,796.1
Mar '25: ₹2,433.0 · Jun '25: ₹2,616.0 · Sep '25: ₹2,762.0 · Dec '25: ₹2,599.0 · Sep '26: ₹3,039.3 · Dec '26: ₹2,859.9
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E2,433.02,616.02,762.02,599.03,039.32,859.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹17.04
Sep 2026 ETrend estimate range
High₹24.11Base₹21.53Low₹18.94
Mar '25: ₹14.00 · Jun '25: ₹16.28 · Sep '25: ₹17.64 · Dec '25: ₹17.04 · Sep '26: ₹21.53 · Dec '26: ₹20.79
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E14.0016.2817.6417.0421.5320.79
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
58%
Analyst Consensus
Weakening

From 29 analysts

Mean upside+9.4%

Fundamentals

Strong

Fundamentals institutional score is 75 using growth durability 74.6.

Valuation

Premium valuation

Valuation institutional score is 19 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 61 using mean target upside 9.4%; dispersion penalty 15.2; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 80 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 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and market sentiment remain considerations.

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

Fundamentals StrongValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price5,386.8 target
Mean Upside+9.4%
Technical Score80%
Fundamental Score75%
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 52.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.18). Confidence: 76%.

Live forward EPS implies next-12-month EPS of ₹93.70. Applying the stock's normalized valuation corridor produces a fair range of ₹3,950.39 to ₹5,473.95, with base value near ₹4,843.35 (-1.6% vs current price).

Forward Valuation Outlook

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

Inside normalized range

Forward EPS

₹93.70

Forward P/E

52.5x

Base Fair Value

₹4,843.35

Fair Range

₹3,950.39 - ₹5,473.95

Upside To Base

-1.6%

Estimate Source

Live forward EPS

Growth Estimate

-8.2%

P/E
Strongly Overvalued

5Y Average

41.60

Current

78.75

Overvalued

58.42

Undervalued

42.16

EV/EBITDA
Strongly Overvalued

5Y Average

20.69

Current

39.16

Overvalued

26.96

Undervalued

11.88

P/S
Strongly Overvalued

5Y Average

6.29

Current

11.91

Overvalued

8.20

Undervalued

3.61

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 40.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.2x
Fair
-12% vs avg
-2.7%
LUPIN LIMITED
LUPINPharmaceuticals
+32.0%18.5%
19.0x
Undervalued
-53% vs avg
+21.5%
LAURUS LABS LIMITED
LAURUSLABSPharmaceuticals
+29.1%15.0%
91.4x
Premium
+128% vs avg
+121.8%
LARSEN & TOUBRO LTD.
LTPharmaceuticals
+8.1%5.6%
33.9x
Fair
-15% vs avg
+10.6%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
35.4x
Fair
-12% vs avg
+11.2%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
37.8x
Fair
-6% vs avg
-15.6%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
38.6x
Fair
-4% vs avg
+31.7%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-27% vs avg
-3.9%
WHY THESE PEERS

TORRENT PHARMACEUTICALS L trades at a premium (78.7x vs peer avg 40.1x), implying higher growth or quality expectations from the Pharmaceuticals cohort. Peers include CIPLA LTD, LUPIN LIMITED, LAURUS LABS LIMITED — 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

₹2.60K CrDec 2025

Latest net profit

₹587 CrDec 2025

Latest EPS

₹17.04Dec 2025

Net margin

30.8%Dec 2025

Performance

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

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%8.0%16.0%24.0%32.0%0.00 Cr700 Cr1.40K Cr2.10K Cr2.80K 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 Cr700 Cr1.40K Cr2.10K Cr2.80K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

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

Rs crore
RevenueExpensesDepreciationOperatingprofitInterestProfitbefore taxTax & otherNet Profit0.00 Cr650 Cr1.30K Cr1.95K Cr2.60K 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
202120222023202420250.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1,9202,1212,1462,1232,1432,4382,4342,3772,4332,6162,7622,599
Expenses1,3421,3841,4101,4331,4271,5391,5201,4901,5651,6421,7171,607
Operating Profit396554544499521710724696678787856801
OPM %20.62%26.12%25.35%23.5%24.31%29.12%29.75%29.28%27.87%30.08%30.99%30.82%
Other Income2611157621315
Interest949077696764544847453734
Depreciation182183192191195189190191190187189191
Profit before tax328475482430530667670651646742819767
Tax %33.23%32%32.16%30.93%22.64%29.69%31.34%25.5%22.91%25.74%25.52%23.47%
Net Profit219323327297410469460485498551610587
EPS in Rs6.469.559.658.7812.1213.8613.6014.3314.0016.2817.6417.04

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

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters68.31%68.31%68.31%68.31%68.31%
FII16.31%16.09%15.92%16.13%16.18%
DII8.35%8.64%9.27%9.15%9.06%
Public4.51%4.44%4.07%4.03%4.11%
Others2.52%2.52%2.43%2.38%2.34%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

Jul 17, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 30, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 27, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 22, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 16, 2026PDFKnowledge Base Open