On 6 Nov 2026, Sai Life Sciences was priced at ₹1,785.10, or 101.5× trailing earnings, against an industry P/E of 52.8×. Sales grew 21% a year over 3 years, with ROCE of 18% and ROE of 15%. Debt is 0.12× equity. It is a mid-cap company with a market cap of ₹37,929 Cr, the largest of 18 Diagnostics & Research companies by market cap; the shares rose 73% over the past year.
- ₹1,655.10
- ₹1,814.90
- ₹1,614.90
- ₹1,594.50
- 1.3 Cr
Health check
- ReturnsAhead
+72.7% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 101.5 vs industry 52.8.
- GrowthStrong
Sales +21.3%, profit +226.8% a year over 3 years.
- ProfitabilityAverage
ROCE 18.1% vs peer median 19.1%.
- Balance sheetSolid
Debt 0.12× equity, interest covered 12.9×, Piotroski 7 of 9.
- Red flags1 to check
P/E of 101.5 against an industry P/E of 52.8.
Mid cap
Market sensitivity
Key metrics
- Market cap
- ₹37,929 Cr
- Mid cap
- P/E
- 101.5
- Industry 52.8
- Price to book
- 15.22
- Peers 7.17
- Dividend yield
- 0.00%
- ROE
- 15.1%
- Peers 17.7%
- ROCE
- 18.1%
- Peers 19.1%
- Debt to equity
- 0.12
- Debt ₹288 Cr
- EPS (TTM)
- ₹17.58
- Face value ₹1
- OPM (TTM)
- 28.7%
- Net margin 16.1%
- Sales growth
- +11.7%
- Latest quarter vs a year ago
- Profit growth
- +21.2%
- Latest quarter vs a year ago
- Price to sales
- 16.85
- EV/EBITDA 56.7
Strengths and risks
Strengths
- Quarterly profit up 21.2% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 101.5 against an industry P/E of 52.8.
About Sai Life Sciences
Sai Life Sciences Limited operates as a contract research, development, and manufacturing organization (CRDMO) in India and internationally. It offers medicinal chemistry, pharmacokinetics, clinical and commercial manufacturing, and process development services. The company was formerly known as SAI Advantium Pharma Limited and changed its name to Sai Life Sciences Limited in July 2006. Sai Life Sciences Limited was incorporated in 1999 and is…
- Headquarters
- Hyderabad
- Employees
- 5,224
- Sector
- Healthcare
- ISIN
- INE570L01029
- Website
- sailife.com
Price range
- Avg volume (3M)
- 8.3 L
- 1-year return
- plus 72.7%
- From 52-week high
- minus 1.6%
Analyst consensus
Peers · Diagnostics & Research
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SAILIFESai Life Sciences | 1,785.10 | plus 11.95% | 37,929 | 101.5 | 15.22 | 18.1% | 15.1% | 28.7% | 21.3% | 226.8% | 0.00% | plus 72.7% |
| LALPATHLABDr. Lal Path Labs | 1,970.00 | plus 0.16% | 32,941 | 56.5 | 11.99 | 25.7% | 22.6% | 30.2% | 11.1% | 28.3% | 1.02% | plus 24.7% |
| SYNGENESyngene International | 417.30 | plus 0.77% | 16,772 | 90.3 | 3.46 | 8.3% | 3.9% | 25.7% | 5.4% | −12.0% | 0.30% | minus 36.0% |
| VIJAYAVijaya Diagnostic Centre | 1,468.60 | plus 2.15% | 15,126 | 74.4 | 14.29 | 19.1% | 21.2% | 43.1% | 21.0% | 26.9% | 0.14% | plus 40.2% |
| METROPOLISMetropolis Healthcare | 568.75 | minus 0.39% | 11,803 | 52.8 | 7.17 | 15.7% | 14.6% | 21.7% | 12.7% | 10.0% | 0.35% | plus 12.5% |
| THYROCAREThyrocare Technologies | 493.10 | plus 0.68% | 7,848 | 55.0 | 14.75 | 33.8% | 26.4% | 32.2% | 16.7% | 36.2% | 1.89% | plus 8.3% |
| VIMTALABSVimta Labs | 496.45 | minus 2.14% | 2,219 | 27.9 | 4.52 | 21.0% | 17.7% | 34.7% | 8.9% | 17.2% | 0.40% | minus 23.3% |
| SURAKSHASuraksha Diagnostic | 333.55 | plus 0.68% | 1,737 | 48.5 | 7.07 | 14.7% | 14.1% | 21.8% | 17.7% | 70.3% | 0.15% | plus 2.2% |
| Median of 7 peers | – | 0.68% | 11,803 | 55.0 | 7.17 | 19.1% | 17.7% | 30.2% | 12.7% | 26.9% | 0.35% | 8.3% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 580 | 496 | 556 | 602 | 554 | |
| – | – | – | +3.9% | +11.7% | |
| 422 | 375 | 369 | 426 | 406 | |
| 158 | 121 | 188 | 177 | 148 | |
| 27.2% | 24.4% | 33.8% | 29.3% | 26.7% | |
| 9.6 | 9.9 | 8.4 | 15.5 | 3.5 | |
| 10.9 | 12.4 | 9.7 | 7.8 | 7.6 | |
| 37.5 | 37.7 | 44.1 | 45.3 | 45.9 | |
| – | – | −8.3 | 0.3 | – | |
| 119 | 80.7 | 134 | 139 | 98 | |
| 25.7% | 25.1% | 25.2% | 25.1% | 25.2% | |
| 88.3 | 60.5 | 100 | 104 | 73.3 | |
| – | – | – | +18.1% | +21.2% | |
| 4.14 | 2.83 | 4.71 | 4.87 | 3.42 |
Profit & loss
- Sales CAGR 3Y
- +21.3%
- Profit CAGR 3Y
- +226.8%
- EPS CAGR 3Y
- +224.5%
- ROE
- 15.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,197 | 1,456 | 1,660 | 2,137 | |
| – | +21.7% | +14.0% | +28.7% | |
| 1,021 | 1,156 | 1,249 | 1,503 | |
| 176 | 301 | 412 | 634 | |
| 14.7% | 20.6% | 24.8% | 29.7% | |
| 24 | 27.4 | 34.6 | 47 | |
| 77.1 | 85.9 | 76.2 | 39.2 | |
| 99.4 | 119 | 139 | 167 | |
| −7.4 | −13.5 | −3.9 | −8.9 | |
| 16.4 | 109 | 228 | 466 | |
| 39.1% | 24.2% | 25.3% | 25.2% | |
| 10 | 82.8 | 170 | 349 | |
| – | +729.0% | +105.5% | +105.1% | |
| 0.48 | 3.98 | 8.61 | 16.43 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18 | 18.1 | 20.8 | 21.2 | |
| 870 | 957 | 2,108 | 2,463 | |
| 932 | 928 | 352 | 288 | |
| 367 | 373 | 679 | 854 | |
| 2,187 | 2,275 | 3,160 | 3,626 | |
| 1,183 | 1,275 | 1,608 | 2,122 | |
| 157 | 109 | 130 | 313 | |
| 1.9 | 1.9 | 1.9 | 3.5 | |
| 205 | 185 | 372 | 189 | |
| 640 | 704 | 1,048 | 999 | |
| 2,187 | 2,275 | 3,160 | 3,626 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 219 | 263 | 314 | 509 | |
| −102 | −192 | −537 | −395 | |
| −201 | −95.3 | 301 | −124 | |
| −83 | −24.6 | 78.8 | −10 | |
| −113 | −182 | −369 | −593 | |
| 106 | 81.4 | −55.2 | −83.8 |
Shareholding pattern
- Promoters34.50%
- Public65.50%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 34.50% | 65.50% | minus 0.03 | |
| 30 Jun 2026 | 34.53% | 65.47% | minus 0.08 | |
| 31 Mar 2026 | 34.61% | 65.39% | minus 0.09 | |
| 31 Dec 2025 | 34.70% | 65.30% | minus 0.24 | |
| 30 Sep 2025 | 34.94% | 65.06% | – |
Major shareholders
Filings & events
News
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