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Indian (NIFTY) Pharma Industry Analysis

UpdatedSep 24, 2023
DataAggregated Company Financials
Companies154
  • 7D-2.9%
  • 3M11.7%
  • 1Y23.7%
  • YTD21.5%

Over the last 7 days, the Pharma industry has dropped 2.9%, driven by pullbacks in Dr. Reddy's Laboratories and Zydus Lifesciences of 5.3% and 7.7%, respectively. Meanwhile, Bajaj HealthCare actually outperformed within the industry, gaining 12% in the last week. In the past year, the industry has gained 24%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Indian Pharma Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 Sep 2023₹12.9t₹3.3t₹369.5b29.7x35x4x
Wed, 23 Aug 2023₹13.1t₹3.3t₹367.1b29.2x35.6x4x
Fri, 21 Jul 2023₹12.2t₹3.2t₹342.2b26.3x35.8x3.9x
Sun, 18 Jun 2023₹11.4t₹3.2t₹342.4b27.1x33.2x3.6x
Tue, 16 May 2023₹10.5t₹3.1t₹309.4b26.9x33.9x3.4x
Thu, 13 Apr 2023₹9.9t₹3.0t₹277.5b25.8x35.7x3.3x
Sat, 11 Mar 2023₹9.4t₹3.0t₹277.5b24.4x33.7x3.1x
Mon, 06 Feb 2023₹9.7t₹3.0t₹285.2b24.4x33.9x3.3x
Wed, 04 Jan 2023₹9.9t₹2.9t₹274.9b26.5x36.1x3.5x
Fri, 02 Dec 2022₹10.2t₹2.9t₹274.9b26.5x37.2x3.6x
Sun, 30 Oct 2022₹10.2t₹2.8t₹260.5b23.7x39.1x3.6x
Tue, 27 Sep 2022₹9.5t₹2.8t₹261.9b23.1x36.3x3.4x
Thu, 25 Aug 2022₹9.7t₹2.8t₹261.9b22.7x37.1x3.5x
Sat, 23 Jul 2022₹9.7t₹2.7t₹273.4b22.3x35.3x3.6x
Mon, 20 Jun 2022₹8.9t₹2.8t₹273.8b20.4x32.5x3.2x
Wed, 18 May 2022₹9.4t₹2.7t₹332.4b21.4x28.3x3.5x
Fri, 15 Apr 2022₹10.2t₹2.7t₹338.0b24.3x30.3x3.8x
Sun, 13 Mar 2022₹9.9t₹2.7t₹337.9b23.4x29.4x3.7x
Tue, 08 Feb 2022₹10.1t₹2.7t₹368.3b24.6x27.4x3.8x
Thu, 06 Jan 2022₹10.7t₹2.7t₹360.6b26.4x29.6x4x
Sat, 04 Dec 2021₹10.1t₹2.7t₹360.3b22.9x28x3.8x
Mon, 01 Nov 2021₹10.4t₹2.6t₹363.0b23.4x28.6x3.9x
Wed, 29 Sep 2021₹10.8t₹2.6t₹375.7b25.8x28.6x4.1x
Fri, 27 Aug 2021₹10.7t₹2.6t₹375.2b23.3x28.4x4.1x
Sat, 03 Jul 2021₹10.7t₹2.6t₹371.5b24x28.9x4.2x
Tue, 06 Apr 2021₹9.0t₹2.5t₹332.3b16.1x27.1x3.6x
Fri, 08 Jan 2021₹9.3t₹2.5t₹320.8b19x29.1x3.8x
Thu, 01 Oct 2020₹8.3t₹2.4t₹234.1b20.6x35.6x3.5x
Price to Earnings Ratio

35.6x


Total Market Cap: ₹8.3tTotal Earnings: ₹234.1bTotal Revenue: ₹2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Pharma Industry Price to Earnings3Y Average 32.3x202120222023
Current Industry PE
  • Investors are relatively neutral on the Indian Pharmaceuticals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 32.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Pharmaceuticals industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian Pharma compare with similar industries?

IN Market-1.77%
Healthcare-2.97%
Pharma-2.91%
Pharma-2.91%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
STAR Strides Pharma Science₹535.8510.2%
+₹4.5b
72.9%PS1.3x
MANKIND Mankind Pharma₹1.74k0.5%
+₹3.2b
n/aPE47.3x
524558 Neuland Laboratories₹3.81k4.2%
+₹2.0b
181.3%PE22.7x
MARKSANS Marksans Pharma₹105.804.2%
+₹1.9b
121.1%PE17.5x
AJANTPHARM Ajanta Pharma₹1.68k0.9%
+₹1.8b
31.1%PE34.1x
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Latest News

GLENMARK

₹785.55

Glenmark Pharmaceuticals

7D

-7.8%

1Y

113.5%

500124

₹5,439.40

Dr. Reddy's Laboratories

7D

-5.0%

1Y

31.6%

CIPLA

₹1,179.35

Cipla

7D

-4.9%

1Y

10.7%

ZYDUSLIFE

₹603.35

Zydus Lifesciences

7D

-6.2%

1Y

69.3%

500420

₹1,847.25

Torrent Pharmaceuticals

7D

-2.0%

1Y

22.0%

STAR

₹535.85

Strides Pharma Science

7D

10.2%

1Y

72.9%

539872

₹478.40

Bajaj HealthCare

7D

12.3%

1Y

33.3%

SUNPHARMA

₹1,124.05

Sun Pharmaceutical Industries

7D

-2.1%

1Y

24.8%

MARKSANS

₹105.80

Marksans Pharma

7D

4.2%

1Y

121.1%

MANKIND

₹1,742.55

Mankind Pharma

7D

0.5%

1Y

n/a

ERIS

₹828.35

Eris Lifesciences

7D

1.2%

1Y

19.8%

500257

₹1,110.45

Lupin

7D

-2.5%

1Y

69.7%

524558

₹3,805.70

Neuland Laboratories

7D

4.2%

1Y

181.3%

532482

₹333.90

Granules India

7D

2.2%

1Y

8.5%

500488

₹22,640.50

Abbott India

7D

-2.8%

1Y

28.8%