On 6 Nov 2026, Asston Pharmaceuticals was priced at ₹141.10, or 28.7× trailing earnings, against an industry P/E of 28.7×. Sales and net profit grew 57% and 54% a year over 3 years; its ROCE of 12% is the second-lowest among the 7 largest Drug Manufacturers (Specialty & Generic) peers, though net profit is above operating profit, which points to a one-off gain. Debt is 0.13× equity. It is listed on an SME platform with a market cap of ₹154 Cr, ranked 102nd of 154 Drug Manufacturers (Specialty & Generic) companies by market cap; the shares rose 67% over the past year.
- ₹136.50
- ₹144.95
- ₹134.00
- ₹138.80
- 18K
Health check
- ReturnsAhead
+67.0% over a year, better than 6 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthStrong
Sales +57.3%, profit +54.1% a year over 3 years.
- ProfitabilityWeak
ROCE 12.2% vs peer median 17.9%.
- Balance sheetFair
Debt 0.13× equity, interest covered 8.4×, Piotroski 4 of 9.
- Red flags3 to check
Quarterly profit down 75.3% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹154 Cr
- Small cap
- P/E
- 28.7
- Industry 28.7
- Price to book
- 3.09
- Peers 4.99
- Dividend yield
- 0.00%
- ROE
- 15.5%
- Peers 14.7%
- ROCE
- 12.2%
- Peers 17.9%
- Debt to equity
- 0.13
- Debt ₹5.11 Cr
- EPS (TTM)
- ₹4.92
- OPM (TTM)
- −29.9%
- Net margin 15.2%
- Sales growth
- +10.9%
- Latest quarter vs a year ago
- Profit growth
- −75.3%
- Latest quarter vs a year ago
- Price to sales
- 6.05
- EV/EBITDA −240.4
Strengths and risks
Risks to check
- Quarterly profit down 75.3% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- Interest coverage of only 1.0×.
About Asston Pharmaceuticals
Asston Pharmaceuticals Limited manufactures pharmaceutical products in India, West Africa, South Africa, and Asian countries. The company provides tablets, such as aceclofenac, albendazole, aminophylline, artemether and lumefantrine, ascorbic acid chewable, azithromycin, b-complex, calcium, cholecalciferol with folic acid, cefixime, cetirizine, ciprofloxacin, co-trimoxazole, cyproheptadine, dexamethasone, diclofenac, ferrous sulphate, folic acid, glucose,…
- Headquarters
- Navi Mumbai
- Employees
- 42
- Sector
- Healthcare
- ISIN
- INE0SJX01015
- Website
- asstonpharmaceuticals.com
Price range
- Avg volume (3M)
- 40.2K
- 1-year return
- plus 67.0%
- From 52-week high
- minus 8.0%
Peers · Drug Manufacturers - Specialty & Generic
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUNPHARMASun Pharmaceutical Industries | 1,860.00 | plus 1.69% | 4,46,276 | 40.7 | 4.99 | 17.9% | 13.1% | 28.2% | 10.4% | 10.6% | 0.86% | plus 8.2% |
| DIVISLABDivi's Laboratories | 10,320.50 | plus 1.78% | 2,73,977 | 93.6 | 16.35 | 19.0% | 16.2% | 34.9% | 11.0% | 12.1% | 0.29% | plus 49.0% |
| TORNTPHARMTorrent Pharmaceuticals | 4,750.00 | plus 0.85% | 1,80,675 | 80.2 | 9.83 | 9.1% | 15.7% | 33.7% | 13.3% | 20.2% | 0.80% | plus 31.7% |
| LAURUSLABSLaurus Labs | 2,340.00 | minus 0.26% | 1,26,433 | 94.4 | 20.86 | 19.5% | 24.0% | 30.4% | 3.8% | 4.0% | 0.09% | plus 138.6% |
| ZYDUSLIFEZydus Lifesciences | 1,197.90 | plus 0.41% | 1,19,491 | 28.6 | 4.29 | 19.0% | 14.7% | 26.2% | 16.5% | 37.0% | 0.08% | plus 22.8% |
| DRREDDYDr. Reddy's Laboratories | 1,373.00 | plus 0.51% | 1,14,462 | 40.9 | 2.96 | 14.2% | 7.3% | 15.9% | 11.0% | −1.7% | 0.58% | plus 13.8% |
| CIPLACipla | 1,411.00 | plus 0.49% | 1,13,993 | 39.4 | 3.22 | 14.9% | 8.3% | 17.3% | 7.2% | 11.5% | 0.92% | minus 6.6% |
| APLAsston Pharmaceuticals | 141.10 | plus 1.66% | 154 | 28.7 | 3.09 | 12.2% | 15.5% | −29.9% | 57.3% | 54.1% | 0.00% | plus 67.0% |
| Median of 7 peers | – | 0.51% | 1,26,433 | 40.9 | 4.99 | 17.9% | 14.7% | 28.2% | 11.0% | 11.5% | 0.58% | 22.8% |
Quarterly results
| ₹ Cr | Mar 25 | Mar 26 |
|---|---|---|
| 9.1 | 10.1 | |
| 5.9 | 12.9 | |
| 3.2 | −2.8 | |
| 35.0% | −27.8% | |
| −0.1 | 4.6 | |
| 0.5 | 0.4 | |
| 0 | 0.3 | |
| 2.6 | 1.2 | |
| 23.7% | 60.4% | |
| 2 | 0.5 | |
| 2.29 | 1.14 |
Profit & loss
- Sales CAGR 3Y
- +57.3%
- Profit CAGR 3Y
- +54.1%
- ROE
- 15.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.5 | 15.6 | 25 | 25.5 | |
| – | +138.4% | +60.6% | +1.7% | |
| 4.9 | 12.8 | 18.6 | 24.9 | |
| 1.6 | 2.8 | 6.4 | 0.6 | |
| 24.6% | 17.8% | 25.7% | 2.4% | |
| 0.5 | 0 | −0.6 | 5.9 | |
| 0.7 | 0.9 | 0.8 | 0.6 | |
| 0 | 0.1 | 0 | 0.3 | |
| – | – | 0.1 | −1 | |
| 1.4 | 1.8 | 5 | 4.6 | |
| 25.2% | 25.1% | 23.2% | 15.9% | |
| 1.1 | 1.4 | 3.9 | 3.9 | |
| – | +28.7% | +183.2% | +0.3% | |
| 1.24 | 1.60 | 4.53 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.7 | 0.8 | 6.3 | 8.5 | |
| 1.3 | 5.6 | 4.8 | 30.3 | |
| 5.2 | 6.8 | 7.3 | 5.1 | |
| 6.5 | 7 | 9.8 | 7.7 | |
| 13.7 | 20.3 | 28.1 | 51.6 | |
| 1.1 | 1.1 | 1 | 10.7 | |
| 0.7 | 0.7 | – | – | |
| 0.1 | 0 | 0.2 | 1.3 | |
| 11.8 | 18.5 | 27 | 39.7 | |
| 13.7 | 20.3 | 28.1 | 51.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.3 | −3.8 | −0 | −10.2 | |
| −0.9 | −0 | 0.7 | −9.9 | |
| 1.2 | 3.7 | −0.5 | 21.2 | |
| −0 | −0.1 | 0.2 | 1.1 | |
| −0.3 | −0 | −0 | −10.1 | |
| −0.6 | −3.8 | −0 | −20.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.