Wockhardt Ltd
Wockhardt is a global pharmaceutical and biotechnology organization engaged in manufacturing finished dosage formulations, injectables, biopharmaceuticals, orals and topicals (creams and ointments). [1]
- Market Cap ₹ 21,311 Cr.
- Current Price ₹ 1,311
- High / Low ₹ 1,870 / 1,110
- Stock P/E 388
- Book Value ₹ 281
- Dividend Yield 0.00 %
- ROCE 3.75 %
- ROE -1.22 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 4.67 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.15% over past five years.
- Company has a low return on equity of -6.96% over last 3 years.
- Promoter holding has decreased over last 3 years: -14.8%
* 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 Nifty 500 BSE SmallCap Nifty Pharma
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,830 | 4,482 | 4,453 | 4,015 | 3,937 | 3,566 | 2,844 | 2,708 | 3,230 | 2,651 | 2,798 | 3,012 | 2,984 | |
| 3,805 | 3,772 | 3,959 | 4,002 | 3,935 | 3,604 | 2,725 | 2,771 | 2,932 | 2,550 | 2,707 | 2,619 | 2,542 | |
| Operating Profit | 1,026 | 709 | 494 | 13 | 2 | -38 | 119 | -63 | 298 | 101 | 91 | 393 | 442 |
| OPM % | 21% | 16% | 11% | 0% | 0% | -1% | 4% | -2% | 9% | 4% | 3% | 13% | 15% |
| 88 | 67 | 66 | 114 | -238 | 116 | 133 | 975 | -163 | -172 | 17 | 62 | -33 | |
| Interest | 83 | 55 | 129 | 225 | 255 | 265 | 276 | 249 | 299 | 302 | 305 | 254 | 211 |
| Depreciation | 140 | 145 | 142 | 149 | 150 | 164 | 224 | 246 | 247 | 251 | 223 | 217 | 217 |
| Profit before tax | 891 | 575 | 289 | -247 | -641 | -351 | -247 | 417 | -411 | -624 | -420 | -16 | -19 |
| Tax % | 5% | 28% | 13% | -9% | 4% | -38% | -82% | -65% | -32% | -0% | 12% | 256% | |
| 843 | 413 | 252 | -226 | -667 | -217 | -43 | 689 | -279 | -621 | -472 | -57 | -51 | |
| EPS in Rs | 58.91 | 28.30 | 17.45 | -13.62 | -42.30 | -13.52 | -4.81 | 47.64 | -16.94 | -38.80 | -30.18 | -2.89 | -1.42 |
| Dividend Payout % | 13% | 54% | 0% | -56% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 1% |
| 3 Years: | -2% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 15% |
| TTM: | 122% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 28% |
| 3 Years: | 76% |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 0% |
| 3 Years: | -7% |
| Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 72 | 72 | 77 | 81 | 81 |
| Reserves | 3,228 | 3,362 | 3,720 | 3,281 | 2,797 | 2,619 | 2,616 | 3,321 | 3,777 | 3,282 | 3,282 | 4,272 | 4,486 |
| 2,205 | 2,309 | 2,677 | 4,160 | 3,748 | 3,375 | 3,582 | 2,673 | 2,198 | 2,184 | 2,356 | 2,021 | 2,456 | |
| 1,134 | 1,213 | 1,622 | 1,486 | 1,528 | 1,764 | 1,894 | 1,695 | 2,168 | 2,113 | 1,899 | 1,726 | 1,510 | |
| Total Liabilities | 6,622 | 6,939 | 8,074 | 8,982 | 8,128 | 7,813 | 8,148 | 7,744 | 8,215 | 7,651 | 7,614 | 8,100 | 8,533 |
| 2,295 | 2,123 | 2,809 | 2,773 | 2,888 | 3,058 | 3,502 | 3,343 | 3,462 | 3,042 | 2,881 | 2,736 | 4,396 | |
| CWIP | 708 | 1,007 | 1,036 | 1,244 | 1,433 | 1,445 | 1,585 | 1,379 | 1,342 | 1,539 | 1,722 | 2,033 | 583 |
| Investments | 577 | 341 | 0 | 563 | 214 | 0 | 0 | 0 | 0 | 0 | 0 | 422 | 696 |
| 3,043 | 3,468 | 4,228 | 4,403 | 3,593 | 3,309 | 3,060 | 3,022 | 3,411 | 3,070 | 3,011 | 2,909 | 2,858 | |
| Total Assets | 6,622 | 6,939 | 8,074 | 8,982 | 8,128 | 7,813 | 8,148 | 7,744 | 8,215 | 7,651 | 7,614 | 8,100 | 8,533 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,476 | 355 | -42 | -269 | 68 | 183 | 649 | -287 | 413 | 153 | 219 | -22 | |
| -823 | -222 | -105 | -684 | 635 | 93 | -147 | 1,471 | -204 | -118 | -138 | -780 | |
| -601 | -76 | 193 | 1,254 | -769 | -776 | -680 | -1,171 | -71 | -315 | 334 | 409 | |
| Net Cash Flow | 52 | 57 | 46 | 301 | -66 | -500 | -178 | 13 | 138 | -280 | 415 | -393 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36 | 60 | 91 | 94 | 89 | 130 | 159 | 124 | 104 | 110 | 81 | 80 |
| Inventory Days | 201 | 250 | 249 | 243 | 174 | 183 | 209 | 257 | 222 | 216 | 201 | 234 |
| Days Payable | 113 | 136 | 144 | 117 | 122 | 187 | 272 | 186 | 265 | 285 | 240 | 191 |
| Cash Conversion Cycle | 124 | 175 | 196 | 220 | 141 | 126 | 97 | 195 | 60 | 41 | 41 | 123 |
| Working Capital Days | -7 | 14 | 52 | 36 | -56 | -51 | -171 | -133 | -116 | -186 | -148 | -23 |
| ROCE % | 18% | 10% | 7% | -1% | -1% | -1% | -1% | -3% | 1% | -0% | -1% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Copies of newspaper advertisement with respect to Postal Ballot Notice published by the Company on 15th November, 2025.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 14 Nov
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Reply To Your Email Dated 4Th November, 2025 Relating To Volume Movement
4 Nov - Wockhardt states no undisclosed price-sensitive information; responds to exchange about volume movement (4 Nov 2025).
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Clarification sought from Wockhardt Ltd
4 Nov - Exchange has sought clarification from Wockhardt Ltd on November 04, 2025, with reference to Movement in Volume.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
3 Nov - CRISIL monitoring report: QIP net proceeds Rs977.79cr; no deviation; Rs740.68cr utilised, Rs237.11cr unutilised.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Concalls
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Jun 2025Transcript PPT
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Jun 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Feb 2023Transcript PPT
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Mar 2022TranscriptNotesPPT
Market Position
The company is amongst the top 3 Indian generic companies in the UK and the 6th largest generic supplier in the retail and hospital channels in Ireland. It is the No. 1 Methycobalamin brand in India. [1]