SHILPAMED · NSE

Shilpa Medicare Limited

₹1,021.1

+6.55% (+₹62.75)

Prev. close

₹958.35

Volume

17,66,385

Delivery %

34.5%

As of

18 Sept 2026

Price history

₹1,021.1+₹462.3 (+82.73%) · 3M
10 Jun 202618 Sept 2026
₹1,021.1₹532.7510 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Shilpa Medicare Limited in the last 90 days.

Fundamentals

About Shilpa Medicare Limited

Shilpa Medicare Limited offers pharmaceutical ingredients (APIs), finished dosage formulations, biosimilars, and contract development and manufacturing organisation (CDMO) services in India, the United States, Europe, and internationally. The company offers various oncology and non-oncology APIs, such as anastrozole, acebrophylline, ambroxol hydrochloride, axitinib, azacitidine, abiraterone acetate, bendamustine HCL monohydrate, bicalutamide, bortezomib, busulphan, cabazitaxel amorphous, capecitabine, clofarabine, cyclophosphamide, dasatinib, decitabine, dimethyl fumarate, erlotinib HCL, enzalutamide, fingolimod hydrochloride, gemcitabine HCl, ibrutinib, imatinib mesylate, irinotecan HCl trihydrate, lenalidomide, lenvatinib mesylate, letrozole, and melphalan HCL. It also provides nifedipine, oxaliplatin, pazopanib, pemetrexed disodium hemipentahydrate, pemetrexed dipotassium nonahydrate, pirfenidone, pomalidomide, sodium cholesteryl sulfate, sorafenib tosylate, sunitinib malate, temozolomide, teriflunomide, thalidomide, tranexamic and zoledronic acid, phenylephrine, citicholine, palbocicilib, nilotinib, nintedanib, praziquintol, carmustine, elthrombopag olamine, abacavir sulphate, tenofovir disproxyl fumarate API, tenofovir alfanamide, prucalopride succinate, and varenicline tartrate. In addition, the company offers GLP-1; HpAPI; intermediates; peptides; payloads and linkers; biopolymers; microbial and mammalian products; fermentation; small molecules; monoclonal antibodies and recombinant technology; and tablets, capsules, injectables, oral dissolving films, and transdermal patches. Further, it engages in wind power generation activities. The company serves wholesalers, distributors, doctors, pharmacy chain NGOs, hospitals, government institutions, and companies. The company was formerly known as Shilpa Antibiotics Ltd and changed its name to Shilpa Medicare Limited in February 2003. Shilpa Medicare Limited was incorporated in 1987 and is based in Raichur, India.

Details

Sector

Healthcare

Industry

Drug Manufacturers - Specialty & Generic

CEO

Mr. Vishnukant Chaturbhuj Bhutada B. Pharm

Headquarters

Raichur

Employees

1,241

Key stats

Market cap

₹19,790.93 Cr

P/E ratio (TTM)

66.5

Dividend yield

0.06%

EPS (TTM)

₹15.22

Beta (1Y · daily vs NIFTY 50)

0.93

Beta (5Y · monthly vs NIFTY 50)

0.58

Shares float

9.37 Cr

EPS · quarter ended Jun 2026

₹5.16

Financial Performance

01 · Financials

-1000 Cr0 Cr1000 Cr2000 Cr-10%0%10%20%FY21FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

051015FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0001-100%-50%0%50%16 Mar 2020 Sept 2119 Sept 2217 Sept 2504 Sept 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr0.2×0.4×0.6×FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹830.32 Cr₹1,145.52 Cr₹1,050.11 Cr₹1,151.60 Cr₹1,286.41 Cr₹1,538.87 Cr
EBITDA₹313.86 Cr₹223.23 Cr₹113.47 Cr₹245.92 Cr₹310.86 Cr₹473.82 Cr
₹184.39 Cr₹-32.53 Cr₹31.87 Cr₹78.30 Cr₹243.33 Cr
Diluted EPS₹11.31₹3.63₹1.87₹1.84₹4.02₹12.44

Net income has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹2,875.50 Cr₹2,902.38 Cr₹3,093.20 Cr₹3,310.71 Cr₹3,705.61 Cr
₹683.29 Cr₹797.89 Cr₹937.39 Cr₹587.76 Cr₹659.86 Cr
Stockholders' equity₹1,822.19 Cr₹1,783.28 Cr₹1,808.69 Cr₹2,372.24 Cr₹2,591.20 Cr

Total assets, Current assets, Inventory, Receivables (trade + unbilled), Trade receivables, Unbilled receivables (contract assets), Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹80.71 Cr₹105.13 Cr₹179.92 Cr₹135.34 Cr₹132.18 Cr₹342.18 Cr
Investing cash flow₹-249.21 Cr₹-285.50 Cr₹-232.61 Cr₹-166.58 Cr₹-199.08 Cr₹-325.92 Cr
₹-255.58 Cr₹82.86 Cr₹45.80 Cr₹46.78 Cr₹62.65 Cr₹13.62 Cr
Capital expenditure₹-288.09 Cr₹-331.83 Cr₹-226.67 Cr₹-184.56 Cr₹-243.63 Cr₹-370.63 Cr
End cash position₹25.34 Cr₹18.83 Cr₹31.76 Cr₹28.57 Cr₹45.18 Cr

End cash position has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Nov 21Mar 24(11Q)Apr 24Jun 24(2Q)Sep 24Dec 24Sep 25(4Q)Dec 25Jun 26(3Q)
Promoter53.25%50.01%44.39%44.33%44.23%40.13%
Public46.75%49.99%55.61%55.67%55.77%59.87%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Healthcare

Company
Sun Pharmaceutical Industries Limited₹4.48 L Cr₹1,837.337.05.3613.7%0.06+11.9%+11.4%
Divi's Laboratories Limited₹2.47 L Cr₹9,37583.314.7715.3%0.00+12.3%+53.4%
Torrent Pharmaceuticals Limited₹1.83 L Cr₹4,87576.921.8225.8%1.79+21.5%+37.4%
Apollo Hospitals Enterprise Limited₹1.26 L Cr₹8,944.560.413.3020.5%0.90+15.7%+13.9%
Lenskart Solutions Limited₹1.18 L Cr₹707.2179.913.485.6%0.35+35.4%
Zydus Lifesciences Limited₹1.13 L Cr₹1,16025.34.1818.6%0.46+18.4%+10.7%
Cipla Limited₹1.10 L Cr₹1,376.332.53.1911.3%0.02+2.1%-11.8%
Laurus Labs Limited₹1.05 L Cr₹1,95496.419.8616.8%0.48+22.0%+111.6%
Max Healthcare Institute Limited₹1.01 L Cr₹1,049.369.89.3913.4%0.32+19.0%-10.6%
Dr. Reddy's Laboratories Limited₹97,876.16 Cr₹1,18529.62.6011.4%0.21+3.2%-10.4%
Manipal Health Enterprises Limited₹97,364.22 Cr₹738.95146.611.567.8%1.53+18.0%
Shilpa Medicare Limited₹18,242.89 Cr₹928.0564.77.049.4%0.25+19.7%+12.3%

Ranked by market cap within Healthcare, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 29

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

10 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

SHILPAMED

Shilpa Medicare AGM 2026: Voting Results and Dividend Declared

Shilpa Medicare Limited's 39th Annual General Meeting confirmed the passing of all five resolutions, including a final dividend of Rs 0.60 per share for FY26. Shareholders also approved the re-appointment of a director and commission payment to a non-executive director of a subsidiary. One resolution saw 11.20% of votes against it.

SHILPAMED

Shilpa Medicare authorised to commence insolvency resolution for subsidiary FTF Pharma

Shilpa Medicare's wholly-owned subsidiary, FTF Pharma, has entered the Corporate Insolvency Resolution Process (CIRP) following an NCLT order. The insolvency application was filed by Immacule Lifesciences over an alleged operational debt. Shilpa Medicare is evaluating the impact on FTF Pharma and its own financial standing.