Piramal Pharma logo

Piramal Pharma share price

NSE: PPLPHARMABSE: 543635Pharmaceuticals & BiotechnologySmall Cap

Last close ₹191.07down ₹3.92 (2.01%)BSE ₹190.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹194.99.

52-week range of traded prices to 23 Oct 2026
₹132.30Low, 23 Mar 2026₹231.93High, 8 Sep 2026
Market cap
₹25,438 Cr331st largest listed
P/E
Lossover the last 12 months
P/B
3.1
Dividend yield
Nonein the last 12 months
ROE
−3.9%
ROE without one-offs
−1.2%
ROCE
1.1%
Debt to equity
0.67
Volume, NSE
24,65,51342.5% delivered

Share price

Daily closes since Oct 2022, adjusted for splits and bonuses

−6.2%over a year · Nifty Pharma +12.7% · Nifty 500 −9.8%

Results20-session average 24,93,774 shares a day, 41.5% delivered

Results

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

Quarter to Jun 2026, against the quarter beforeFiled 29 Jul

Revenue
₹2,270 Crdown 17.51%
Net profit
−₹69 CrQuarter to Mar 2026: −₹8.82 Cr
Net margin
−3.1%

Revenue by year

Peak revenue ₹9,151 Cr, year to Mar 2025

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in the year to Mar 2026, −₹326 CrA loss in 2 of the 4 years shown
₹ croreSep 2024Filed 24 OctDec 2024Filed 28 JanMar 2025Filed 12 JunJun 2025Filed 28 JulSep 2025Filed 5 NovDec 2025Filed 29 JanMar 2026Filed 28 AprJun 2026Filed 29 Jul
Revenue2,2422,2042,7541,9342,0442,1402,7522,270
Net profit234154−82−99−136−9−69
Net margin1.0%0.2%5.6%−4.2%−4.9%−6.4%−0.3%−3.1%
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. Not shown, P/E: loss, last twelve months.PE ratio and valuation history

Price to book

At or below today's level on 60% of 900 trading days since Nov 2022.

LowestHighest
Its median2.8Industry median2.8
EV to EBITDA29.4

At or below today's level on 85% of 727 trading days over the last 3 years.

LowestHighest
Its median23.6Industry median18.7
Dividend yield

At or below today's level on 49% of 967 trading days since Nov 2022.

LowestHighest
Its median0.04%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−39.2%––0.0%
3 years+25.9%––0.0%
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. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

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

Shareholding by group

  • Promoters34.80%
  • Foreign institutions13.65%
  • Indian institutions14.44%
  • Individuals and others36.71%
  • Employee trusts0.40%
Holder
The Sri Krishna Trust (through its Trustee Mr. Ajay G Piramal and Dr. (Mrs.) Swati A. Piramal)Promoter26.51%
Ca Alchemy InvestmentsForeign companies17.93%
V3 Designs LLPPromoter3.23%
PRL Realtors LLPPromoter2.99%
East Bridge Capital Master Fund I LtdForeign portfolio investors, category I2.00%
Indiahold LimitedOther non-institutions1.30%
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

103 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 55 of the 64 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. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Bought again
3
Added
23
Cut
41
Held unchanged
32
Sold out
6
Fund
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund7,18,36,4761.37%₹1,483.6 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund99,37,2722.24%₹205.2 Cr
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund98,96,9240.57%₹204.4 Cr
Franklin Templeton Mutual Fund logoFranklin India Opportunities FundFranklin Templeton Mutual Fund61,54,3891.33%₹127.1 Cr
Bajaj Finserv Mutual Fund logoBajaj Finserv Flexi Cap FundBajaj Finserv Mutual Fund60,21,4991.46%₹124.4 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund56,30,4530.83%₹116.3 Cr
Franklin Templeton Mutual Fund logoFranklin India Small Cap FundFranklin Templeton Mutual Fund51,09,3430.74%₹105.5 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund49,90,2590.13%₹103.1 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund45,65,0350.50%₹94.3 Cr
Canara Robeco Mutual Fund logoCanara Robeco Aggressive Hybrid FundCanara Robeco Mutual Fund31,50,0000.60%₹65.1 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 Piramal Pharma in market cap.

Piramal Pharma is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
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%
Acutaas Chemicals logoAcutaas ChemicalsACUTAAS25,68966.515.547.0+40.9%+104.3%26.1%29.1%0.08%
Neuland Laboratories logoNeuland LaboratoriesNEULANDLAB24,20448.612.931.5+78.3%+182.6%29.3%32.1%0.18%
Rubicon Research logoRubicon ResearchRUBICON23,57881.818.352.2––22.4%25.8%0.11%
Granules India logoGranules IndiaGRANULES21,67932.7––+24.8%+38.1%15.1%15.1%0.22%
Cohance Lifesciences logoCohance LifesciencesCOHANCE17,211162.04.454.8+41.2%−58.5%3.8%3.0%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 ₹0.14 a share, year to Mar 2025.
Ex-dateTypePer share
16 Jul 2025Final₹0.14
12 Jul 2024Final₹0.11
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Piramal Pharma share price by year

Each calendar year to 2025.Piramal Pharma share price history

YearClose at year endChangeHighest closeLowest close
2025172.21−35.3%258.25166.52
2024266.25+91.8%293.55115.50
2023138.85+21.1%140.5063.95
2022114.65–190.00114.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 19 Oct 2022.

Recent sessions

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

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026194.00194.91185.02191.07189.8624,65,51342.5%
22 Oct 2026190.51196.35188.22194.99193.3528,35,61631.8%
21 Oct 2026194.95199.50189.60191.19193.9731,66,06141.1%
19 Oct 2026197.00201.73193.81194.44197.4013,18,20937.9%
16 Oct 2026194.95198.75193.60197.73197.0820,49,05244.4%
15 Oct 2026193.50196.39192.62194.43194.2929,95,16074.9%
14 Oct 2026195.35196.70192.76193.94194.4316,89,30854.6%
13 Oct 2026196.40197.00191.41196.01194.2013,90,93639.8%
12 Oct 2026197.29199.50194.80196.66196.6214,79,40838.1%
9 Oct 2026197.00199.00194.02196.88196.9313,96,41732.5%
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.Rights issue history

Ex-dateEventPrice factorWhat happened
2 Aug 2023Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

About Piramal Pharma

Piramal Pharma Limited is a pharmaceutical, health and wellness company. It sells products and services to drug developers, hospitals and consumers, and has a commercial presence in more than 100 countries. It employs over 7,000 people.

The business is organised in three parts: a contract development and manufacturing organisation (CDMO), complex hospital generics, and consumer healthcare. Piramal Pharma Solutions is the CDMO. It has 15 development and manufacturing facilities in North America, the UK and Europe, and India, and works with more than 500 customers. Piramal Critical Care makes inhalation anesthetics, intrathecal therapy for spasticity management, injectable pain management drugs and other generic and speciality products. Its products are sold in more than 6,000 hospitals, surgical centres and veterinary clinics. Piramal Consumer Healthcare sells over 25 brands in India across categories such as kids' wellness, skincare and geriatric care, and has a manufacturing and distribution partnership with Bayer Pharmaceuticals Private Limited.

It was incorporated in 2020. Under a composite scheme of arrangement sanctioned by the National Company Law Tribunal, Mumbai Bench, on 12 August 2022, shareholders of Piramal Enterprises Limited were allotted four shares of the company for every one share they held. In the year to March 2026, the company acquired Kenalog, an injectable corticosteroid product, from Bristol Myers Squibb.

The company is part of the Piramal Group, which has a presence in financial services, pharmaceuticals and real estate, with operations in over 30 countries.

Legal name
Piramal Pharma Limited
NSE symbol
PPLPHARMA
BSE code
543635
ISIN
INE0DK501011
Industry
Pharmaceuticals & Biotechnology
Listed
Oct 2022
Face value
₹10
CIN
L24297MH2020PLC338592
Corporate identity number, the registrar of companies' code for it