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    Fredun Pharma

    Palghar-based pharma formulations manufacturer exporting generics to 52 countries, diversifying into pet care, nutraceuticals and mobility.

    Healthcare
    Healthcare
    View 539730 earnings calls
    ₹970
    -55.55% from avg

    Overview

    Price

    ₹970

    Market Cap

    ₹1.5k Cr

    Sector

    Healthcare

    Healthcare

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital44455555
    Reserves37396492117137153273
    Borrowings35405387106166171222
    Other Liabilities6579667481179136141
    Total Liabilities141162187257308487464642
    AssetsFixed Assets31303239475365118
    CWIP00000000
    Investments00001222
    Other Assets110131155218260433397522
    Total Assets141162187257308487464642

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1-110-2-140-2116
    Cash from Investing-5-1-1-4-9-8-6-74
    Cash from Financing414-1725626122
    SummaryCapital Expenditure
    Free Cash Flow-4-12-1-7-24-8-27-57
    FCF Margin

    Valuation

    Assumptions

    Current — 539730
    Price
    ₹900
    EPS (TTM)
    ₹24.88
    PE (TTM)
    36.2
    Profit growth
    50.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (61.6×) and current (36.2×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹900
    vs
    Fair value · 15% return
    ₹3,574
    297%Undervalued

    At 50.8% growth and a 36× exit, ₹900 only delivers your return if you pay ₹3,574. The price is currently baking in 18% growth.

    EPS grows 50.8%/yr for 5 years, then fades to 6% over 2, exits at 36×.

    YearGrowthEPS (₹)
    FY2750.8%37.52
    FY2850.8%56.58
    FY2950.8%85.32
    FY3050.8%128.66
    FY3150.8%194.02
    FY3228.4% ·fade249.13
    FY336.0% ·fade264.08

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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