BALAXI PHARMACEUTICALS (BALAXI) had a P/E of 48.8× on 6 Nov 2026, above the industry P/E of 28.7×, and the shares are 49% below their 52-week high. Sales and net profit fell 7.0% and 69% a year over 3 years; its ROCE of 3.3% is the lowest among the 7 largest Drug Manufacturers (Specialty & Generic) peers. Debt is 0.23× equity. It is a small-cap company with a market cap of ₹121 Cr, ranked 114th of 154 Drug Manufacturers (Specialty & Generic) companies by market cap; the shares fell 49% over the past year.
- ₹22.40
- ₹22.40
- ₹21.30
- ₹21.89
- 12.9K
Health check
- ReturnsBehind
−48.8% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 48.8 vs industry 28.7.
- GrowthShrinking
Sales −7.0%, profit −68.6% a year over 3 years.
- ProfitabilityWeak
ROCE 3.3% vs peer median 17.9%.
- Balance sheetFair
Debt 0.23× equity, interest covered 2.4×, Piotroski 4 of 9.
- Red flags4 to check
Return on equity is low at 0.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹121 Cr
- Small cap
- P/E
- 48.8
- Industry 28.7
- Price to book
- 0.49
- Peers 4.99
- Dividend yield
- 0.00%
- ROE
- 0.6%
- Peers 14.7%
- ROCE
- 3.3%
- Peers 17.9%
- Debt to equity
- 0.23
- Debt ₹58 Cr
- EPS (TTM)
- ₹0.45
- Face value ₹2
- OPM (TTM)
- 2.9%
- Net margin 0.9%
- Sales growth
- +14.1%
- Latest quarter vs a year ago
- Profit growth
- +347.2%
- Latest quarter vs a year ago
- Price to sales
- 0.43
- EV/EBITDA 19.4
Strengths and risks
Strengths
- Quarterly profit up 347.2% on a year ago.
Risks to check
- Return on equity is low at 0.6%.
- P/E of 48.8 against an industry P/E of 28.7.
- 49% below its 52-week high.
- Interest coverage of only 2.5×.
About BALAXI PHARMACEUTICALS
Balaxi Pharmaceuticals Limited engages in the international wholesale distribution of pharmaceutical products in India and internationally. The company offers pharmaceutical products across various therapeutic areas, including antibiotics, analgesic, anti-malaria, and others. It also provides biscuits and toothpaste. The company was formerly known as Balaxi Ventures Limited and changed its name to Balaxi Pharmaceuticals Limited in October 2020. The…
- Headquarters
- Hyderabad
- Employees
- 500
- Sector
- Healthcare
- ISIN
- INE618N01022
- Website
- balaxipharma.in
Price range
- Avg volume (3M)
- 36.1K
- 1-year return
- minus 48.8%
- From 52-week high
- minus 48.6%
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% |
| BALAXIBALAXI PHARMACEUTICALS | 21.96 | plus 0.32% | 121 | 48.8 | 0.49 | 3.3% | 0.6% | 3.2% | −7.0% | −68.6% | 0.00% | minus 48.8% |
| 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 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 70.7 | 56.2 | 72.5 | 70.7 | 80.7 | |
| 68.4 | 55 | 69.5 | 70.6 | 77 | |
| 2.4 | 1.2 | 3.1 | 0.1 | 3.7 | |
| 3.4% | 2.1% | 4.3% | 0.2% | 4.5% | |
| 0 | 1.6 | 0.1 | 2.9 | 0 | |
| 1 | 0.9 | 1 | 1 | 0.7 | |
| 0.5 | 0.5 | 0.6 | 0.6 | 0.8 | |
| 0.9 | 1.4 | 1.6 | 1.4 | 2.1 | |
| 67.9% | 84.8% | 81.1% | 56.3% | 37.9% | |
| 0.3 | 0.2 | 0.3 | 0.6 | 1.3 | |
| 0.05 | 0.04 | 0.06 | 0.11 | 0.24 |
Profit & loss
- Sales CAGR 3Y
- −7.0%
- Profit CAGR 3Y
- −68.6%
- EPS CAGR 3Y
- −69.4%
- ROE
- 0.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 336 | 241 | 293 | 270 | |
| – | minus 28.3% | +21.2% | minus 7.7% | |
| 279 | 236 | 254 | 261 | |
| 57.4 | 5.8 | 38.3 | 9.6 | |
| 17.1% | 2.4% | 13.1% | 3.6% | |
| 1.8 | 38.4 | −4.8 | 1.8 | |
| 0.5 | 1.7 | 2.9 | 3.9 | |
| 1.8 | 2.1 | 1.9 | 2.2 | |
| – | −38.4 | – | −0.1 | |
| 56.9 | 2 | 28.7 | 5.3 | |
| 19.3% | 218.4% | 12.6% | 73.2% | |
| 46 | −2.4 | 25.1 | 1.4 | |
| – | minus 105.2% | – | minus 94.3% | |
| 9.08 | -2.32 | 4.54 | 0.26 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.2 | 10.9 | 11 | 11 | |
| 173 | 190 | 221 | 238 | |
| 13.3 | 19.4 | 53.4 | 57.6 | |
| 43.5 | 37.6 | 25.2 | 30.3 | |
| 240 | 258 | 310 | 337 | |
| 18.1 | 16.3 | 35.7 | 48.4 | |
| 2.8 | 2.3 | 22.1 | – | |
| – | – | 0.1 | – | |
| 28.2 | 62.3 | 39.4 | 14.6 | |
| 191 | 177 | 213 | 274 | |
| 240 | 258 | 310 | 337 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.1 | 4.9 | −35 | −4.5 | |
| −10.6 | −1 | −21.8 | −20.8 | |
| 25.5 | 30.3 | 33.9 | 0.4 | |
| 21 | 34.1 | −22.9 | −24.8 | |
| −15 | −1.6 | −21.8 | −42.9 | |
| −8.9 | 3.3 | −56.8 | −47.4 | |
| −0.5 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
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