Ajanta Pharma logo

Ajanta Pharma share price

NSE: AJANTPHARMBSE: 532331Pharmaceuticals & BiotechnologyMid Cap

Last close ₹3,283.90up ₹13.30 (0.41%)BSE ₹3,281.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹3,270.60.

52-week range of traded prices to 23 Oct 2026
₹2,382.00Low, 28 Oct 2025₹3,796.00High, 18 Aug 2026
Market cap
₹41,035 Cr236th largest listed
P/E
36.2
P/B
9.1
Dividend yield
1.83%
ROE
27.3%
ROCE
27.2%
Debt to equity
0.05
Volume, NSE
1,54,84762.5% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+36.0%over a year

Results20-session average 93,245 shares a day, 54.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 30 Jul

Revenue
₹1,626 Crup 14.37%
Net profit
₹334 Crup 25.32%
Net margin
20.6%

Revenue by year

Peak revenue ₹5,453 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 30 OctDec 2024Filed 30 JanMar 2025Filed 12 JunJun 2025Filed 28 JulSep 2025Filed 3 NovDec 2025Filed 30 JanMar 2026Filed 5 MayJun 2026Filed 30 Jul
Revenue1,1871,1461,1701,3031,3541,3751,4221,626
Net profit216233225255260274267334
Net margin18.2%20.3%19.2%19.6%19.2%19.9%18.8%20.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Pharmaceutical, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 82% of 2,480 trading days over the last 10 years.

LowestHighest
Its median27.3Industry median28.1
Price to book

At or below today's level on 88% of 1,977 trading days since Nov 2018.

LowestHighest
Its median5.5Industry median2.8
EV to EBITDA28.0

At or below today's level on 87% of 1,977 trading days since Nov 2018.

LowestHighest
Its median19.1Industry median18.7
Dividend yield

At or below today's level on 92% of 2,473 trading days over the last 10 years.

LowestHighest
Its median0.83%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+7.9%+14.9%−6.9%1.0%
3 years+33.8%+22.6%+8.0%1.5%
5 years+19.7%+11.0%+6.8%1.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters63.47%
  • Foreign institutions7.63%
  • Indian institutions21.94%
  • Individuals and others6.96%
Holder
Rajesh M Agrawal, trustee Rajesh Agrawal TrustPromoter14.47%
Yogesh M Agrawal, trustee Yogesh Agrawal TrustPromoter14.47%
Aayush M Agrawal, trustee Aayush Agrawal TrustPromoter11.29%
Ravi P Agrawal, trustee Ravi Agrawal TrustPromoter10.24%
Gabs Investments Pvt LtdPromoter10.07%
Ganga Exports being represented by Yogesh Agrawal, Rajesh Agrawal & Ravi AgrawalPromoter2.68%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 23,400 of its 12,49,59,024 shares locked in.

Mutual funds holding it

197 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 80 of the 111 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
4
Bought again
1
Added
85
Cut
26
Held unchanged
80
Sold out
5
Fund
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund16,74,4710.75%₹606.3 Cr
Kotak Mahindra Mutual Fund logoKotak Flexi Cap FundKotak Mahindra Mutual Fund16,17,1471.10%₹585.5 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund13,17,2242.12%₹476.9 Cr
Kotak Mahindra Mutual Fund logoKotak-Small Cap FundKotak Mahindra Mutual Fund10,86,1342.05%₹393.3 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund9,85,1441.17%₹356.7 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund9,13,9183.61%₹330.9 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund8,97,2241.14%₹324.9 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund7,47,0401.94%₹270.5 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund7,42,5530.50%₹268.9 Cr
UTI Mutual Fund logoUTI Mid Cap FundUTI Mutual Fund7,07,7372.15%₹256.3 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pharmaceuticals, 216 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ajanta Pharma in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Abbott India logoAbbott IndiaABBOTINDIA53,18732.911.125.9+6.3%+11.2%35.9%39.6%2.62%
Biocon logoBioconBIOCON52,721106.41.518.2+9.8%+28.6%1.8%2.9%0.15%
IPCA Laboratories logoIPCA LaboratoriesIPCALAB49,55637.86.122.3+10.6%+68.2%17.4%17.6%0.31%
Gland Pharma logoGland PharmaGLAND46,64541.34.524.9+17.6%+46.5%11.6%12.4%0.71%
GlaxoSmithKline Pharmaceuticals logoGlaxoSmithKline PharmaceuticalsGLAXO40,73738.118.029.1+5.8%+12.4%50.6%56.3%2.37%
Emcure Pharmaceuticals logoEmcure PharmaceuticalsEMCURE33,58633.26.817.5+18.4%+35.9%21.5%25.2%0.20%
Sai Life Sciences logoSai Life SciencesSAILIFE29,63981.911.945.0––15.7%18.7%0.00%
Wockhardt logoWockhardtWOCKPHARMA29,27671.65.940.4+18.4%–8.8%7.4%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹51.00 a share, year to Mar 2024.
Ex-dateTypePer share
5 Aug 2026Interim₹32.00
10 Nov 2025Interim₹28.00
6 Nov 2024Interim₹28.00
8 Feb 2024Interim₹26.00
4 Aug 2023Interim₹10.00
4 Aug 2023Special₹15.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Ajanta Pharma share price by year

Each calendar year to 2025.Ajanta Pharma share price history

YearClose at year endChangeHighest closeLowest close
20252,768.90−5.6%2,998.252,374.45
20242,932.20+40.7%3,426.502,064.95
20232,083.65+71.9%2,083.651,159.95
20221,211.95−18.7%1,543.201,105.40
20211,490.37+36.9%1,596.471,099.87
20201,088.80+67.6%1,148.50650.43
2019649.70−17.8%787.80587.07
2018790.47−20.5%1,059.10607.73
2017994.30−16.3%1,229.80753.93
20161,188.53+33.9%1,395.37773.17
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20263,261.403,349.603,224.303,283.903,289.341,54,84762.5%
22 Oct 20263,215.103,291.203,199.903,270.603,251.7658,12351.5%
21 Oct 20263,285.003,314.303,250.003,260.203,263.3253,43970.4%
19 Oct 20263,325.903,387.503,285.003,298.903,325.6736,64450.4%
16 Oct 20263,372.503,381.003,308.303,329.003,345.0338,35854.4%
15 Oct 20263,330.003,387.703,313.703,359.403,355.091,03,48554.7%
14 Oct 20263,328.203,377.203,269.903,299.003,314.6274,86854.4%
13 Oct 20263,399.403,413.903,310.003,328.203,350.2452,61674.2%
12 Oct 20263,405.003,421.403,380.903,399.403,400.1892,29063.8%
9 Oct 20263,437.903,478.203,364.403,410.103,407.031,24,41959.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
22 Jun 2022Bonus0.6667Holders received 1 bonus share for every 2 held.
20 Mar 2015Split0.4000Every 2 shares became 5.
17 Sep 2013Bonus0.6667Holders received 1 bonus share for every 2 held.
9 Aug 2012Split0.5000Each share became 2.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Ajanta Pharma

Ajanta Pharma Limited is a specialty pharmaceutical formulation company with its registered office in Mumbai. It was incorporated in 1979. Its shares are listed on BSE Limited and NSE Limited.

The company has four businesses: branded generics in India, branded generics in Asia and Africa, generic medicines in the United States, and an institutional business in Africa. The institutional business sells antimalarial products through multilateral aid agencies. The branded generics portfolio includes more than 600 products, sold in India and in more than 33 emerging market countries in Asia and Africa.

In India, the company reports sales by therapy area, including cardiology, dermatology and ophthalmology, and it serves 28 states and 8 union territories. In Asia it operates in nearly 12 countries across the Middle East, Southeast Asia and Central Asia. In Africa it operates in 21 countries. It also has a presence in 23 further countries through promotional agents, distributors and supervisors, without physical offices there.

The company runs seven manufacturing plants in India, located in Maharashtra, Gujarat, Assam and Madhya Pradesh. Two of its facilities are approved by the US FDA, and all its manufacturing facilities operate with zero liquid discharge systems. A research team of more than 850 scientists develops its products. More than 13,000 people work for the company, which calls them Ajantaites.

The company has five wholly owned overseas subsidiaries, including Ajanta Pharma USA Inc.

Legal name
Ajanta Pharma Limited
NSE symbol
AJANTPHARM
BSE code
532331
ISIN
INE031B01049
Industry
Pharmaceuticals & Biotechnology
Listed
May 2000 on NSE, Jun 2000 on BSE
Face value
₹2
CIN
L24230MH1979PLC022059
Corporate identity number, the registrar of companies' code for it