Emcure Pharmaceuticals logo

Emcure Pharmaceuticals share price

NSE: EMCUREBSE: 544210Pharmaceuticals & BiotechnologySmall Cap

Last close ₹1,770.40down ₹12.20 (0.68%)BSE ₹1,768.35

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,782.60.

52-week range of traded prices to 23 Oct 2026
₹1,306.50Low, 4 Nov 2025₹2,100.70High, 18 Sep 2026
Market cap
₹33,586 Cr266th largest listed
P/E
33.2
P/B
6.8
Dividend yield
0.20%
ROE
21.5%
ROCE
25.2%
Debt to equity
0.24
Volume, NSE
1,41,41252.9% delivered

Share price

Daily closes since Jul 2024, adjusted for splits and bonuses

+27.8%over a year · Nifty500 Healthcare +3.1% · Nifty 500 −9.8%

Results20-session average 1,02,507 shares a day, 55.5% delivered

Results

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

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹2,580 Crup 4.48%
Net profit
₹292 Crup 20.00%
Net margin
11.3%

Revenue by year

Peak revenue ₹9,204 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 8 NovDec 2024Filed 6 FebMar 2025Filed 12 JunJun 2025Filed 7 AugSep 2025Filed 11 NovDec 2025Filed 4 FebMar 2026Filed 5 MayJun 2026Filed 6 Aug
Revenue2,0021,9632,1162,1012,2702,3632,4702,580
Net profit202156197215251231244292
Net margin10.1%8.0%9.3%10.2%11.1%9.8%9.9%11.3%
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, Pharmaceuticals, 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 18% of 247 trading days over the last year.

LowestHighest
Its median35.0Industry median28.1
Price to book

At or below today's level on 65% of 247 trading days over the last year.

LowestHighest
Its median6.4Industry median2.8
EV to EBITDA17.5

At or below today's level on 42% of 247 trading days over the last year.

LowestHighest
Its median17.9Industry median18.7
Dividend yield

At or below today's level on 79% of 553 trading days since Jul 2024.

LowestHighest
Its median0.15%Industry median0.53%

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+49.0%+33.9%+11.1%0.2%
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

  • Promoters77.82%
  • Foreign institutions4.94%
  • Indian institutions8.49%
  • Individuals and others8.75%
Holder
Satish R MehtaPromoter39.74%
Everest Trust (Shares held by Sanjay Rajanikant Mehta with Sonali Sanjay Mehta, as trustees)Promoter7.65%
Unity Trust (Shares held by Sunil Rajanikant Mehta with Kamini Sunil Mehta, as trustees)Promoter7.65%
Samit Satish MehtaPromoter7.14%
Bhavana Satish MehtaPromoter4.70%
Namita Vikas ThaparPromoter2.67%
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.

Mutual funds holding it

74 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 44 of the 51 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

Added
46
Cut
5
Held unchanged
22
Fund
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund43,15,0001.26%₹838.4 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund15,47,2630.56%₹300.6 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life ELSS Tax Saver FundAditya Birla Sun Life Mutual Fund13,49,9411.93%₹262.3 Cr
SBI Mutual Fund logoSBI Flexicap FundSBI Mutual Fund11,28,9930.99%₹219.4 Cr
HSBC Mutual Fund logoHSBC Small Cap FundHSBC Mutual Fund8,84,7720.93%₹171.9 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund8,72,8850.55%₹169.6 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund6,40,9101.36%₹124.5 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Multi-Cap FundAditya Birla Sun Life Mutual Fund4,39,7421.18%₹85.4 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Small Cap FundAditya Birla Sun Life Mutual Fund3,93,6801.25%₹76.5 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Large & Mid Cap FundAditya Birla Sun Life Mutual Fund2,75,5550.96%₹53.5 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 Emcure Pharmaceuticals 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
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%
Ajanta Pharma logoAjanta PharmaAJANTPHARM41,03536.29.128.0+20.2%+22.0%27.3%27.2%1.83%
GlaxoSmithKline Pharmaceuticals logoGlaxoSmithKline PharmaceuticalsGLAXO40,73738.118.029.1+5.8%+12.4%50.6%56.3%2.37%
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%
Acutaas Chemicals logoAcutaas ChemicalsACUTAAS25,68966.515.547.0+40.9%+104.3%26.1%29.1%0.08%
Piramal Pharma logoPiramal PharmaPPLPHARMA25,438–3.129.4+0.8%−419.8%−3.9%1.1%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 ₹3.60 a share, year to Mar 2026.
Ex-dateTypePer share
4 Sep 2026Final₹3.60
14 Aug 2025Final₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Emcure Pharmaceuticals share price by year

Each calendar year to 2025.Emcure Pharmaceuticals share price history

YearClose at year endChangeHighest closeLowest close
20251,364.50−5.7%1,504.50905.60
20241,447.10–1,526.601,236.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 10 Jul 2024.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,776.001,799.001,724.801,770.401,748.891,41,41252.9%
22 Oct 20261,746.001,811.101,716.001,782.601,770.871,13,20353.4%
21 Oct 20261,770.001,778.901,725.101,755.101,748.5594,21960.7%
19 Oct 20261,801.001,829.001,746.501,766.601,789.511,08,21454.5%
16 Oct 20261,836.001,849.301,816.201,820.601,826.4539,56553.5%
15 Oct 20261,860.001,885.001,832.001,836.001,840.6066,97766.1%
14 Oct 20261,855.101,887.901,831.401,866.201,865.831,57,57377.4%
13 Oct 20261,868.001,878.101,850.001,868.601,861.1155,65345.2%
12 Oct 20261,828.101,896.501,826.101,867.401,869.9270,73150.6%
9 Oct 20261,864.701,899.001,816.101,833.501,838.7759,49747.1%
Prices in ₹ per share as traded, not adjusted.

About Emcure Pharmaceuticals

Emcure Pharmaceuticals Limited is a pharmaceutical company headquartered in Pune, Maharashtra. It develops, registers and manufactures medicines. Its capabilities cover oral products, injectables, active pharmaceutical ingredients and peptides, as well as biologics such as Tenecteplase. It was incorporated in 1981 and has 11,686 employees.

The company runs 13 manufacturing facilities across India and five research and development facilities. Its presence spans over 80 countries.

The business is organised into a domestic business in India and an international business. In India, women's health and cardio-metabolic medicines are central to the business, and the company has a Super Specialty Division covering renal, oncology and CNS therapies. It has also entered dermatology and consumer health. The international business has three parts: Europe, Canada and Rest of World. In Europe it has a direct presence in markets such as the UK and Italy. In Canada it is among the top 10 generic pharmaceutical players. The Rest of World business is structured across two segments, antiretroviral (ARV) and non-ARV products.

Emcure was listed on NSE and BSE on 10 July 2024. It entered Canada through the Marcan acquisition, and its US business was demerged. It has since acquired the Manx Healthcare portfolio in Europe. Zuventus Healthcare Limited is now its wholly owned subsidiary after the buyout of the minority stake. In India, it also distributes brands under agreements with Sanofi and Roche, and has an exclusive partnership with Novo Nordisk for semaglutide.

Legal name
Emcure Pharmaceuticals Limited
NSE symbol
EMCURE
BSE code
544210
ISIN
INE168P01015
Industry
Pharmaceuticals & Biotechnology
Listed
Jul 2024
Face value
₹10
CIN
L24231PN1981PLC024251
Corporate identity number, the registrar of companies' code for it