Mankind Pharma Ltd
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]
- Market Cap ₹ 92,848 Cr.
- Current Price ₹ 2,249
- High / Low ₹ 3,055 / 2,115
- Stock P/E 55.7
- Book Value ₹ 376
- Dividend Yield 0.04 %
- ROCE 15.0 %
- ROE 13.9 %
- Face Value ₹ 1.00
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Healthcare Healthcare Pharmaceuticals & Biotechnology Pharmaceuticals
Part of BSE 500 BSE Healthcare BSE 200 BSE Dollex 200 Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 3,918 | 3,829 | 4,794 | 5,530 | 7,486 | 8,127 | 8,629 | 9,498 | 9,691 | |
| 3,141 | 3,124 | 3,550 | 4,151 | 5,644 | 6,429 | 6,358 | 6,930 | 7,102 | |
| Operating Profit | 778 | 705 | 1,244 | 1,379 | 1,842 | 1,698 | 2,272 | 2,567 | 2,589 |
| OPM % | 20% | 18% | 26% | 25% | 25% | 21% | 26% | 27% | 27% |
| 209 | 64 | 94 | 148 | 200 | 163 | 369 | 550 | 432 | |
| Interest | 18 | 40 | 11 | 8 | 48 | 28 | 17 | 372 | 656 |
| Depreciation | 28 | 38 | 62 | 78 | 123 | 270 | 335 | 378 | 392 |
| Profit before tax | 941 | 691 | 1,265 | 1,440 | 1,871 | 1,563 | 2,289 | 2,367 | 1,972 |
| Tax % | 26% | 26% | 24% | 25% | 26% | 20% | 18% | 18% | |
| 694 | 514 | 958 | 1,084 | 1,389 | 1,248 | 1,876 | 1,945 | 1,666 | |
| EPS in Rs | 17.33 | 12.83 | 23.92 | 27.07 | 34.68 | 31.16 | 46.84 | 47.15 | 40.38 |
| Dividend Payout % | 0% | 0% | 32% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 8% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 8% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 17% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 41 | 41 |
| Reserves | 2,957 | 3,025 | 3,611 | 4,694 | 6,500 | 7,744 | 9,663 | 14,599 | 15,469 |
| 360 | 190 | 3 | 101 | 688 | 5 | 24 | 7,254 | 7,248 | |
| 652 | 596 | 877 | 1,045 | 1,710 | 1,583 | 1,790 | 1,934 | 2,104 | |
| Total Liabilities | 4,009 | 3,851 | 4,531 | 5,880 | 8,939 | 9,371 | 11,516 | 23,828 | 24,862 |
| 534 | 778 | 945 | 987 | 2,927 | 3,142 | 3,552 | 3,471 | 3,393 | |
| CWIP | 322 | 211 | 148 | 166 | 387 | 495 | 209 | 207 | 248 |
| Investments | 1,402 | 1,698 | 1,784 | 2,397 | 2,526 | 3,102 | 4,215 | 16,683 | 17,611 |
| 1,751 | 1,164 | 1,655 | 2,330 | 3,100 | 2,632 | 3,540 | 3,467 | 3,610 | |
| Total Assets | 4,009 | 3,851 | 4,531 | 5,880 | 8,939 | 9,371 | 11,516 | 23,828 | 24,862 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 540 | 537 | 960 | 1,022 | 821 | 1,799 | 1,983 | 2,322 | |
| -516 | -306 | -396 | -1,127 | -1,360 | -1,041 | -1,919 | -12,179 | |
| 8 | -240 | -559 | 89 | 579 | -710 | -9 | 9,845 | |
| Net Cash Flow | 31 | -9 | 5 | -16 | 40 | 48 | 55 | -11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 13 | 32 | 24 | 23 | 22 | 33 | 34 |
| Inventory Days | 120 | 126 | 124 | 169 | 183 | 132 | 160 | 153 |
| Days Payable | 115 | 101 | 113 | 122 | 133 | 103 | 75 | 79 |
| Cash Conversion Cycle | 27 | 38 | 43 | 72 | 73 | 52 | 118 | 108 |
| Working Capital Days | 95 | 44 | 41 | 42 | 26 | 40 | 55 | -48 |
| ROCE % | 22% | 36% | 33% | 30% | 21% | 24% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment
1d - Allotted 46,582 equity shares on Nov 26, 2025 under ESOP 2022; paid-up capital 41,28,05,072.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
16 Nov - GST penalty INR 22,16,148 for FY2018-19/2019-20 on merged subsidiary; company to appeal.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
15 Nov - Order dated Nov 14, 2025: CGST penalty INR 83,00,790 for FY2021-22; company to appeal.
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Announcement under Regulation 30 (LODR)-Credit Rating
13 Nov - ICRA withdrew ₹3,500 crore commercial paper rating; NCD ₹5,000cr and CP ₹1,500cr ratings remain outstanding.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Nov - Mankind to attend Avendus Spark INDX in Mumbai on Nov 18, 2025; one-on-one and group meetings.
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Nov 2024Transcript PPT
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Sep 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Aug 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
Leadership[1]
- 1 Rank in Prescriptions over the last 5 yrs.
- Youngest in the Top 5 of the IPM
- 4 By value in the IPM
- 4 Consumer Healthcare brands Market ranked
1 in their categories