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A

Ajanta Pharma Ltd

AJANTPHARM

ajantapharma.com NSE AJANTPHARM BSE532331 ISIN: INE031B01049
3505.2
-3.18% (-115.00)
NSE
NSE

AJANTPHARM

BSE
BSE

532331

ISIN

INE031B01049

Announcement
General :: General
Aug 31 2026, 11:44:05 AM

Participation In Investor Conference

Pls find enclosed Intimation w.r.t Participation in Investor Conference.

Ajanta Pharma Ltd
Since 1973

Ajanta Pharma Ltd is a vertically integrated pharmaceutical company headquartered in Mumbai, India. Established in 1973, the company is engaged in the development, manufacturing, and marketing of quality finished dosages, with a strong focus on branded generics. Ajanta Pharma caters to both regulated and emerging markets, supplying prescription products in therapeutic areas such as cardiology, ophthalmology, dermatology, gastroenterology, and pain management.

Sector
Healthcare Sector
Recent Announcements (…Last 3 Days)
A
31 Aug 202611:44:05
General::General
Participation In Investor Conference

Pls find enclosed Intimation w.r.t Participation in Investor Conference.

A
31 Aug 202610:13:04
General::Newspaper Publication
Announcement under Regulation 30 (LODR)-Newspaper Publication

Pls find enclosed newspaper publication for transfer of equity shares to IEPF.

A
27 Aug 202615:31:30
General::Reg 31(1)/(2) Disclosure
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 27, 2026 for Aayush Agrawal, trustee Aayush Agrawal Trust

A
19 Aug 202617:41:16
General::Reg 31(1)/(2) Disclosure
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 19, 2026 for Ravi Agrawal, trustee Ravi Agrawal Trust

A
14 Aug 202612:50:03
General::Reg 31(1)/(2) Disclosure
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 14, 2026 for Ravi Agrawal, trustee Ravi Agrawal Trust

A
05 Aug 202616:55:00
General::General
Participation In Investor Conference

Pls find enclosed Intimation w.r.t participation in Investor Conference

A
03 Aug 202616:27:46
General::Earnings Transcript
Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Pls find enclosed herewith Earning Call Transcript

truewealth
Ajanta Pharma Ltd
Healthcare SectorSince 1973
About

Ajanta Pharma Ltd is a vertically integrated pharmaceutical company headquartered in Mumbai, India. Established in 1973, the company is engaged in the development, manufacturing, and marketing of quality finished dosages, with a strong focus on branded generics. Ajanta Pharma caters to both regulated and emerging markets, supplying prescription products in therapeutic areas such as cardiology, ophthalmology, dermatology, gastroenterology, and pain management.

The company has a significant presence across Asia, Africa, the Middle East, and select regulated markets including the United States.

With an extensive product portfolio and a robust international footprint, Ajanta Pharma operates multiple state-of-the-art manufacturing and R&D facilities approved by global regulatory agencies such as the US FDA, WHO-GMP, and UK MHRA. The company's operational model emphasizes backward integration and a focused approach toward high-growth specialty segments, enabling it to deliver sustainable business performance and enter new geographies.

Business Model & Strategy

Ajanta Pharma earns revenue primarily from the sale of branded generic pharmaceuticals across emerging and regulated markets. The company adopts a differentiated product strategy, focusing on brand-building in selected therapeutic niches such as cardiology, ophthalmology, anti-malarials, and dermatology. Its growth is underpinned by proprietary formulation development, vertical integration, and targeted marketing initiatives to healthcare professionals.

The business is supported by in-house R&D, which accelerates new product launches across global markets, especially the US, Africa, and Asia.

Ajanta Pharma continues to invest in capacity expansion, regulatory accreditation, and deeper market penetration, aiming to strengthen its specialty portfolio. The company's geographic diversification and consistent pipeline of product launches enhance resilience against market-specific volatility. Additionally, Ajanta leverages its US ANDA pipeline and robust supply chain to grow its presence in regulated markets, while maintaining leadership in branded generics within emerging economies.

Management Overview
10 Members
Mr.Mannalal B. Agrawal
Non-Executive - Non Independent Director-Chairperson related to Promoter
Mr.Madhusudan B. Agrawal
Executive Director
ArvindKAgrawal
Chief Financial Officer
Mr.Yogesh Mannalal Agrawal
Executive Director-MD
Mr.Rajesh Mannalal Agrawal
Executive Director
Mr.David Rasquinha
Non-Executive - Independent Director
Ms.Medha Vinay Joshi
Non-Executive - Independent Director
Mr.Rajesh Shashikant Dalal
Non-Executive - Independent Director
Ms.Simi Manohar Lal Thapar
Non-Executive - Independent Director
GaurangShah
Company Secretary & Compliance Officer
Awards & Recognition
5 Awards
  • Featured among Forbes Asia's '200 Best Under a Billion' (2023)
  • Awarded Silver in 'India CSR Leadership Awards' for sustainability initiatives (2024)
  • Received India's 'Best Corporate Brand' recognition by Economic Times (2023)
  • Acknowledged for environmental practices with the CII GreenCo rating (2024)
  • Ranked among India's Top 50 Most Trusted Pharmaceutical Brands (Brand Trust Report 2024)
Market Information
NIFTY TOTAL MARKETNIFTY MIDCAP 150NIFTY 500NIFTY LARGEMID250NIFTY MIDSML 400NIFTY PHARMANIFTY500 MULTICAPNIFTY M150 QLTY50
ISIN INE031B01049
Sector Healthcare
IndustryPharmaceuticals
Company Timeline

52+ Years of Excellence | 10 Major Milestones

1973

Ajanta Pharma Ltd founded in Mumbai, India

1996

Commenced export operations to emerging markets

2000

Listed on the Bombay Stock Exchange (IPO)

2005

Established dedicated R&D center in Mumbai

2012

Received US FDA approval for manufacturing facility at Paithan, Maharashtra

2014

Entered US generics market with first ANDA approval

2018

Commercial launch of key dermatology and ophthalmology products

2022

Inaugurated new formulation plant at Guwahati, Assam

2024

Expanded specialty portfolio with new product launches in the US and Africa

2025

Recognized for sustainability and ESG leadership by industry associations

Coming Soon

The Next Evolution

Contact Information
Registered Office

Ajanta House, Charkop, Kandivli (W)

Tel: 022-66061000 / 25946970,

Fax: 022-66061200 / 66061300,

Email: info@ajantapharma.com; investorgrievance@ajantapharma.com

Website: ajantapharma.com


Registrars

MUFG Intime India Pvt. Ltd

Tel: 022 - 49186270

Email: rnt.helpdesk@in.mpms.mufg.com

Corporate Actions
22
PurposeEx DateRecord DateBC StartBC End
Interim Dividend
32 per share
05 Aug 2026
Wednesday
05 Aug 2026
Wednesday
-
-
Interim Dividend
28 per share
10 Nov 2025
Monday
10 Nov 2025
Monday
-
-
Interim Dividend
28 per share
06 Nov 2024
Wednesday
06 Nov 2024
Wednesday
-
-
Buy Back of Shares
30 May 2024
Thursday
30 May 2024
Thursday
-
-
Interim Dividend
26 per share
08 Feb 2024
Thursday
08 Feb 2024
Thursday
-
-
Interim Dividend
10 per share
04 Aug 2023
Friday
04 Aug 2023
Friday
-
-
Special Dividend
15 per share
04 Aug 2023
Friday
04 Aug 2023
Friday
-
-
Buy Back of Shares
24 Mar 2023
Friday
24 Mar 2023
Friday
-
-
Interim Dividend
7 per share
11 Nov 2022
Friday
14 Nov 2022
Monday
-
-
Bonus issue 1:2
22 Jun 2022
Wednesday
23 Jun 2022
Thursday
-
-
Buy Back of Shares
13 Jan 2022
Thursday
14 Jan 2022
Friday
-
-
Interim Dividend
9.50 per share
09 Nov 2021
Tuesday
10 Nov 2021
Wednesday
-
-
Buy Back of Shares
12 Nov 2020
Thursday
13 Nov 2020
Friday
-
-
Interim Dividend
9.50 per share
12 Nov 2020
Thursday
13 Nov 2020
Friday
-
-
Interim Dividend
13 per share
15 Nov 2019
Friday
18 Nov 2019
Monday
-
-
Buy Back of Shares
11 Feb 2019
Monday
12 Feb 2019
Tuesday
-
-
Interim Dividend
9 per share
09 Nov 2018
Friday
12 Nov 2018
Monday
-
-
Interim Dividend
7 per share
23 Mar 2017
Thursday
25 Mar 2017
Saturday
-
-
Interim Dividend
6 per share
07 Nov 2016
Monday
08 Nov 2016
Tuesday
-
-
Interim Dividend
8 per share
17 Mar 2016
Thursday
19 Mar 2016
Saturday
-
-
Dividend
6 per share
25 Jun 2015
Thursday
-
27 Jun 2015
Saturday
04 Jul 2015
Saturday
Stock Split From Rs.5/- to Rs.2/-
20 Mar 2015
Friday
23 Mar 2015
Monday
-
-
.dsf..
Market Cap
₹43,727 Cr.
Curr. Price
₹3,505
52W High/Low
₹3,796 / 2,330
P/E (TTM)
38.53
Book Value
₹362.35
Price To Book Ratio
9.66
Face Value
₹2.00
Dividend Yield
1.71 %
Manage Ratio
11 ratios selected

Date Basis

Time Range

EPS
truewealth
FINANCIALS
Revenue
+17.3%
5,452.9 Cr
3Y +46%
5Y +89%
HIST AVG
Operating Income
+10.7%
1,394.8 Cr
3Y +78%
5Y +40%
HIST AVG
Net Income
+14.7%
1,056.0 Cr
3Y +80%
5Y +61%
HIST AVG
EPS
+14.9%
84.0
3Y +84%
5Y +13%
HIST AVG
Op. Cash Flow
-54.3%
529.0 Cr
3Y -33%
5Y -8%
HIST AVG
AJANTPHARM - Annual Results

Consolidated Figures in Rs. Crores

Annual Results+Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Income + - - - 2,076 2,680 2,916 3,457 3,841 4,293 4,743 5,6255,993
Expenses + - - - 1,562 2,012 2,015 2,547 3,096 3,179 3,553 4,2474,499
Profit + - - - 387 468 654 713 588 816 920 1,0561,135
Tax +---127196246197157298269322358
EPS + - - - 44 54 75 82 46 65 74 8526.75
Ratios +-
Cash Flow

Consolidated Figures in Rs. Crores

Annual Cash FlowMar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

-
Cash Flow Operating-----5765627927851,157529-
Cash Flow Investing------282-74-56065-377-429-
Cash Flow Financing------318-460-108-1,051-733-168-
Cash Increase Decrease------2429123-20046-72-
Net Cash And Cash Equivalent-----202178206330129175-
Balance Sheet

Consolidated Figures in Rs. Crores

Annual Balance Sheet+Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-
Assets + - - - 2,696 3,319 3,779 4,056 4,679 4,638 5,015 6,155-
Equity And Liabilities + - - - 2,696 3,319 3,779 4,056 4,679 4,638 5,015 6,155-
Shareholding Pattern

Numbers in Percentages

Quarterly SHP

Announcement Date

Mar 2016

12 Apr '16

Mar 2017

31 Mar '17

Mar 2018

31 Mar '18

Mar 2019

09 Apr '19

Mar 2020

07 Apr '20

Mar 2021

08 Apr '21

Mar 2022

18 May '22

Mar 2023

12 Apr '23

Mar 2024

12 Apr '24

Mar 2025

09 Apr '25

Mar 2026

31 Mar '26

-
Goverments ---0.44%0.74%0.76%0.45%--0.01%--
Promoter And Promoter Group - - - 70.52% 70.51% 70.34% 70.48% 66.11% 66.21% 66.26% --
Non Institutions ---9.74%9.21%8.67%8.14%7.91%7.76%7.39%--
FII - - - - - - - 10.00% 8.54% 8.86% --
DII - - - - - - - 15.98% 17.49% 17.48% --
Total ---100.00%100.00%100.00%100.00%100.00%100.00%100.00%--

Ajanta Pharma Ltd

Pharmaceuticals
Last Updated: June 18, 2025

Ajanta Pharma Ltd

Ajanta Pharma Ltd is a vertically integrated pharmaceutical company headquartered in Mumbai, India. Established in 1973, the company is engaged in the development, manufacturing, and marketing of quality finished dosages, with a strong focus on branded generics. Ajanta Pharma caters to both regulated and emerging markets, supplying prescription products in therapeutic areas such as cardiology, ophthalmology, dermatology, gastroenterology, and pain management.

The company has a significant presence across Asia, Africa, the Middle East, and select regulated markets including the United States.

With an extensive product portfolio and a robust international footprint, Ajanta Pharma operates multiple state-of-the-art manufacturing and R&D facilities approved by global regulatory agencies such as the US FDA, WHO-GMP, and UK MHRA. The company's operational model emphasizes backward integration and a focused approach toward high-growth specialty segments, enabling it to deliver sustainable business performance and enter new geographies.

Healthcare SectorSince 1973
Business Model & Strategy

Ajanta Pharma earns revenue primarily from the sale of branded generic pharmaceuticals across emerging and regulated markets. The company adopts a differentiated product strategy, focusing on brand-building in selected therapeutic niches such as cardiology, ophthalmology, anti-malarials, and dermatology. Its growth is underpinned by proprietary formulation development, vertical integration, and targeted marketing initiatives to healthcare professionals.

The business is supported by in-house R&D, which accelerates new product launches across global markets, especially the US, Africa, and Asia.

Ajanta Pharma continues to invest in capacity expansion, regulatory accreditation, and deeper market penetration, aiming to strengthen its specialty portfolio. The company's geographic diversification and consistent pipeline of product launches enhance resilience against market-specific volatility. Additionally, Ajanta leverages its US ANDA pipeline and robust supply chain to grow its presence in regulated markets, while maintaining leadership in branded generics within emerging economies.

Management Overview 10 Total Members
logo
Mr.Mannalal B. Agrawal
Non-Executive - Non Independent Director-Chairperson related to Promoter
logo
Mr.Madhusudan B. Agrawal
Executive Director
logo
ArvindKAgrawal
Chief Financial Officer
logo
Mr.Yogesh Mannalal Agrawal
Executive Director-MD
logo
Mr.Rajesh Mannalal Agrawal
Executive Director
logo
Mr.David Rasquinha
Non-Executive - Independent Director
logo
Ms.Medha Vinay Joshi
Non-Executive - Independent Director
logo
Mr.Rajesh Shashikant Dalal
Non-Executive - Independent Director
logo
Ms.Simi Manohar Lal Thapar
Non-Executive - Independent Director
logo
GaurangShah
Company Secretary & Compliance Officer
Awards & Recognition 5 Awards
Featured among Forbes Asia's '200 Best Under a Billion' (2023)
Awarded Silver in 'India CSR Leadership Awards' for sustainability initiatives (2024)
Received India's 'Best Corporate Brand' recognition by Economic Times (2023)
Acknowledged for environmental practices with the CII GreenCo rating (2024)
Ranked among India's Top 50 Most Trusted Pharmaceutical Brands (Brand Trust Report 2024)
Market Information
Included In
NIFTY TOTAL MARKETNIFTY MIDCAP 150NIFTY 500NIFTY LARGEMID250NIFTY MIDSML 400NIFTY PHARMANIFTY500 MULTICAPNIFTY M150 QLTY50
Details
ISIN: INE031B01049
Sector: Healthcare
Industry: Pharmaceuticals
Company Timeline
52+ Years of Excellence
10 Major Milestones
1973
Ajanta Pharma Ltd founded in Mumbai, India
1996
Commenced export operations to emerging markets
2000
Listed on the Bombay Stock Exchange (IPO)
2005
Established dedicated R&D center in Mumbai
2012
Received US FDA approval for manufacturing facility at Paithan, Maharashtra
2014
Entered US generics market with first ANDA approval
2018
Commercial launch of key dermatology and ophthalmology products
2022
Inaugurated new formulation plant at Guwahati, Assam
2024
Expanded specialty portfolio with new product launches in the US and Africa
2025
Recognized for sustainability and ESG leadership by industry associations
Coming Soon: The Next Evolution
Contact Information
Registered Office
Ajanta House, Charkop, Kandivli (W)
Tel: 022-66061000 / 25946970,
Fax: 022-66061200 / 66061300,
Registrars
MUFG Intime India Pvt. Ltd
Tel: 022 - 49186270

Peer Comparison

Part ofNIFTY TOTAL MARKETNIFTY MIDCAP 150NIFTY 500NIFTY LARGEMID250NIFTY MIDSML 400NIFTY PHARMANIFTY500 MULTICAPNIFTY M150 QLTY50
S.No.Company NameCMP (₹)Market Cap (₹ Cr)Div Yld (%)NP Qtr (₹ Cr)Qtr Profit Var (%)Sales Qtr (₹ Cr)Qtr Sales Var (%)ROCE (%)ROE (%)Book Value (₹)EPS TTM (₹)TTMPE Ratio (₹)
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CompanyCMP (₹)MCap (₹ Cr)EPS TTM (₹)
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Financial Ratios

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Company NameP/E (TTM)EPS (₹)D/ENPMGPMROE (%)ROCE (%)P/B
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