Syncom Formulations (India) logo

Syncom Formulations (India) share price

NSE: SYNCOMFBSE: 524470Pharmaceuticals & BiotechnologySmall Cap

Last close ₹21.19down ₹0.89 (4.03%)BSE ₹21.21

Share price at the NSE close on 23 Oct 2026. Previous close ₹22.08.

52-week range of traded prices to 23 Oct 2026
₹10.21Low, 30 Mar 2026₹27.49High, 30 Sep 2026
Market cap
₹1,992 Cr1,369th largest listed
P/E
23.3
P/B
4.8
Dividend yield
0.47%
ROE
22.6%
ROCE
19.5%
Debt to equity
0.00
Volume, NSE
1,49,43,85329.0% delivered

Share price

Daily closes since Aug 2013, BSE closes Jan 2007 to Nov 2022, adjusted for splits and bonuses. Earlier closes are left out: on 19 Aug 2013 the price changed in a way no corporate action on record explains.

+26.7%over a year

ResultsDividend20-session average 3,53,96,960 shares a day, 24.9% delivered

Results

Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹125 Crdown 6.97%
Net profit
₹25 Crup 0.06%
Net margin
19.7%

Revenue by year

Peak revenue ₹487 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 10 FebMar 2025Filed 12 JunJun 2025Filed 8 AugSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 22 MayJun 2026Filed 11 Aug
Revenue101127148117121115134125
Net profit1113181617192525
Net margin10.8%10.1%11.8%13.5%13.9%16.5%18.3%19.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Pharmaceuticals Drugs & formulations₹516 Crup 9.67%99.1%
  • Renting of Property₹4 Cr0.7%
  • Trading of Commodities₹1 Crdown 86.68%0.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

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

Price to earnings

At or below today's level on 53% of 2,324 trading days since Jun 2017.

LowestHighest
Its median19.7Industry median28.3
Price to book

At or below today's level on 79% of 1,847 trading days since Nov 2018.

LowestHighest
Its median3.2Industry median2.8
EV to EBITDA22.6

At or below today's level on 50% of 1,847 trading days since Nov 2018.

LowestHighest
Its median22.4Industry median18.7
Dividend yield

At or below today's level on 99.9% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.00%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−36.5%+55.5%−59.8%1.0%
3 years+20.7%+55.9%−22.8%0.3%
5 years+27.3%+17.0%+8.7%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. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

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

Shareholding by group

  • Promoters50.57%
  • Foreign institutions2.22%
  • Individuals and others47.20%
Holder
KEDARMAL SHANKARLAL BANKDAPromoter12.44%
VIJAY SHANKARLAL BANKDAPromoter10.48%
PARADISE VYAPAR PRIVATE LIMITEDPromoter5.02%
ANKIT BANKDAPromoter4.99%
ASHA VIJAY BANKDAPromoter4.90%
VIMLA BANKDAPromoter4.26%
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

2 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 2 of the 2 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.

Added
2
Fund
Motilal Oswal Mutual Fund logoMotilal Oswal BSE Healthcare ETFMotilal Oswal Mutual Fund12,8330.07%₹0.03 Cr
Bandhan Mutual Fund logoBandhan BSE Healthcare Index FundBandhan Mutual Fund6,0500.07%₹0.02 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 Syncom Formulations (India) 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
Dishman Carbogen Amcis logoDishman Carbogen AmcisDCAL2,137132.20.38.1+0.2%−84.5%0.3%1.4%0.00%
Beta Drugs logoBeta DrugsBETA2,10739.04.822.2––16.4%14.2%0.00%
Indoco Remedies logoIndoco RemediesINDOCO2,091371.32.218.7+12.1%–0.6%1.7%0.09%
Sai Parenterals logoSai ParenteralsSAIPARENT2,040–4.2–––––0.00%
Sakar Healthcare logoSakar HealthcareSAKAR1,98046.25.722.4+48.0%+119.8%13.2%16.6%0.00%
Panacea Biotec logoPanacea BiotecPANACEABIO1,908–2.3852.5+10.3%−162.0%−0.9%−3.6%0.00%
Venus Remedies logoVenus RemediesVENUSREM1,87716.22.811.1+19.9%+116.3%19.0%21.1%0.71%
Windlas Biotech logoWindlas BiotechWINDLAS1,80127.13.117.4+18.5%+2.4%12.2%12.2%0.72%
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 ₹0.10 a share, year to Mar 2026.
Ex-dateTypePer share
23 Sep 2026Final₹0.10
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Syncom Formulations (India) share price by year

Each calendar year to 2025.Syncom Formulations (India) share price history

YearClose at year endChangeHighest closeLowest close
202514.26−28.7%22.1514.09
202420.00+32.9%26.7711.05
202315.05+70.1%15.155.00
2022BSE close8.85−32.8%18.806.38
2021BSE close13.16+281.4%13.163.08
2020BSE close3.45+360.0%3.660.48
2019BSE close0.75−18.5%1.430.60
2018BSE close0.92−55.8%2.260.73
2017BSE close2.080.0%2.281.21
2016BSE close2.08−54.1%4.622.02
₹ 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 202621.9921.9920.3921.1921.011,49,43,85329.0%
22 Oct 202622.0723.2021.1322.0822.542,25,91,57321.5%
21 Oct 202621.5022.3221.2022.0721.931,83,57,78722.4%
19 Oct 202621.9522.1821.3121.4121.6470,33,91133.8%
16 Oct 202621.8022.4021.4521.9522.0979,43,44427.7%
15 Oct 202622.4522.4521.2521.5621.8179,23,62940.0%
14 Oct 202622.2023.3022.0322.4522.651,04,51,15025.3%
13 Oct 202623.2423.2621.7522.2622.231,44,74,29836.1%
12 Oct 202623.2923.9522.3523.2423.271,62,45,93023.6%
9 Oct 202623.7324.1522.1523.2823.301,48,64,96722.3%
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.

Ex-dateEventPrice factorWhat happened
19 Aug 2013Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
Syncom Formulations (India) Limited
NSE symbol
SYNCOMF
BSE code
524470
ISIN
INE312C01025
Industry
Pharmaceuticals & Biotechnology
Listed
Apr 1994 on BSE, Nov 2022 on NSE
Face value
₹1
CIN
L24239MH1988PLC047759
Corporate identity number, the registrar of companies' code for it