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    Kwality Pharma

    Amritsar CDMO/generics maker of injectables, oncology, biologics & tablets, exported to 70+ countries.

    Healthcare
    Healthcare
    ₹2,704
    +12.61% from avg

    Overview

    Price

    ₹2,704

    Market Cap

    ₹2.7k Cr

    Sector

    Healthcare

    Healthcare

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010101010101010
    Reserves3651171190214254280321
    Borrowings3541549098112110130
    Other Liabilities526410570727177130
    Total Liabilities133166341361394447478592
    AssetsFixed Assets435792120139146144156
    CWIP03121400017
    Investments45000000
    Other Assets86102237226255302334420
    Total Assets133166341361394447478592

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating146276141435317
    Cash from Investing-12-18-23-63-48-26-29-35
    Cash from Financing-212161-17-147
    SummaryCapital Expenditure
    Free Cash Flow2-1235-41728-29
    FCF Margin

    Valuation

    Assumptions

    Current — 539997
    Price
    ₹2,777
    EPS (TTM)
    ₹64.92
    PE (TTM)
    42.8
    Profit growth
    49.6%

    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 (21.3×) and current (42.8×) 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
    ₹2,777
    vs
    Fair value · 15% return
    ₹5,202
    87%Undervalued

    At 49.6% growth and a 21× exit, ₹2777 only delivers your return if you pay ₹5,202. The price is currently baking in 34% growth.

    EPS grows 49.6%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY2749.6%97.12
    FY2849.6%145.29
    FY2949.6%217.36
    FY3049.6%325.17
    FY3149.6%486.45
    FY3227.8% ·fade621.68
    FY336.0% ·fade658.98

    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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