ENTERO
Entero Healthcare Solutions share price & financials
- Price
- ₹1,174
- Market cap
- ₹6.1k Cr
- Sector
- Consumer Services
- Calls analysed
- 8
Entero Healthcare Solutions Limited Q1 FY27
What went well
- Consolidated revenue grew 38.2% year-on-year to INR1,940 crores, with like-for-like growth at 40% year-on-year.
- EBITDA margin expanded 143 basis points to 5% for the quarter, achieving the full year FY27 guidance in Q1 itself.
- Profit after tax (PAT) for the quarter was INR52 crores, up 72% year-on-year, with PAT attributable to owners at INR38 crores, up 37% year-on-year.
What to watch
- Reported growth was impacted by around 2.5% due to the conscious exit from certain low-margin businesses.
- Non-controlling interest stood at INR14 crores for the quarter, representing approximately 27% of profit before minority interest, though management clarified this is a function of business outperformance.
What Entero Healthcare Solutions Limited does
Entero Healthcare Solutions is a healthcare products supply-chain and distribution company operating in India's pharmaceutical and, more recently, MedTech (IVD, cardiology, orthopedics) markets. It sources from pharmaceutical and healthcare product manufacturers and moves goods through central warehousing and pan-India redistribution to retail pharmacies and hospitals, earning distribution margins on the goods it handles. Beyond product fulfilment, it also offers manufacturers demand-generation services such as deploying medical representatives and managing marketing/channel strategy. The company operates as a single reportable wholesale-distribution segment and has grown its footprint substantially through an active acquisition programme alongside organic expansion.
- Market position
- Among the top three healthcare products distributors in India by revenue
- Warehouses
- 136
- Districts covered
- 523
- Cities with presence
- ~50
- States & Union Territories covered
- 20+
- Retail pharmacy customers
- 1,05,300+
Guidance record · Q1 FY27
what the last two calls moved 26 tracked 9 delivered 3 missed 14 open- Long-term Return on Equity (ROE) delivered said Q4 FY24 Promised: 20% plus in 2-3 years Q1 FY27: Q1 FY27 ROE was reported at 20.4%, meeting the original long-term target of '20% plus' well ahead of the previously diluted timeline.
- FY25 Revenue Growth missed said Q4 FY24 Promised: 35% to 40% revenue growth in FY '25 Q1 FY27: This promise pertains to a past financial year (FY25) and was not addressed.
- Long-term EBITDA Margin on track said Q4 FY25 Promised: close to 5% beyond FY26 Q1 FY27: Achieved 5.0% EBITDA margin in Q1 FY27, hitting the long-term target in the first quarter beyond FY26. This demonstrates strong progress towards sustaining this level.
All 26 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 38.2%, net profit up 73.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,301 | 1,359 | 1,339 | 1,404 | 1,571 +21% | 1,707 +26% | 1,910 +43% | 1,940 +38% |
| EBITDA | 42 | 50 | 49 | 50 | 62 +48% | 68 +36% | 86 +76% | 97 +94% |
| Net profit | 26 | 29 | 31 | 30 | 37 +42% | 34 +17% | 45 +45% | 52 +73% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +51.8% 1Y
1Y: ₹1,195.7 on 10 Sept 2025 → ₹1,815.4. High ₹1,898.4 (7 Sept 2026), low ₹949.2 (29 Dec 2025).
How the price took the results
close before → close after
- Q1 FY27
- +5.8%
- 10 Aug
- Q4 FY26
- +1.0%
- 2 Jun
- Q3 FY26
- −0.7%
- 13 Feb
- Q2 FY26
- +1.1%
- 13 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 29.6% a year over 2 years, FY24 to FY26. Operating margin widened to 4.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹3.9k Cr | ₹5.1k Cr | ₹6.6k Cr |
| Operating profit | ₹113 Cr | ₹171 Cr | ₹266 Cr |
| Operating margin | 2.9% | 3.4% | 4.0% |
| Interest | ₹65 Cr | ₹41 Cr | ₹54 Cr |
| Depreciation | ₹25 Cr | ₹30 Cr | ₹44 Cr |
| Net profit | ₹39 Cr | ₹107 Cr | ₹146 Cr |
| Net margin | 1.0% | 2.1% | 2.2% |
| Cash from operations | ₹-37 Cr | ₹-77 Cr | ₹96 Cr |
| Free cash flow | ₹-41 Cr | ₹-87 Cr | ₹29 Cr |
| ROCE | 7.0% | 9.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹4 Cr | ₹4 Cr | ₹43 Cr | ₹44 Cr | ₹44 Cr |
| Reserves | ₹-32 Cr | ₹-62 Cr | ₹-73 Cr | ₹1.6k Cr | ₹1.7k Cr | ₹1.6k Cr |
| Borrowings | ₹720 Cr | ₹974 Cr | ₹1.1k Cr | ₹338 Cr | ₹443 Cr | ₹677 Cr |
| Other liabilities | ₹147 Cr | ₹210 Cr | ₹275 Cr | ₹369 Cr | ₹642 Cr | ₹1.2k Cr |
| Total liabilities | ₹836 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹2.3k Cr | ₹2.9k Cr | ₹3.6k Cr |
| Fixed assets | ₹189 Cr | ₹262 Cr | ₹268 Cr | ₹289 Cr | ₹627 Cr | ₹958 Cr |
| Capital work in progress | ₹2 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹67 Cr | ₹130 Cr |
| Other assets | ₹645 Cr | ₹863 Cr | ₹1.0k Cr | ₹2.1k Cr | ₹2.2k Cr | ₹2.5k Cr |
| Total assets | ₹836 Cr | ₹1.1k Cr | ₹1.3k Cr | ₹2.3k Cr | ₹2.9k Cr | ₹3.6k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −12.85 pp while the public added +7.58 pp. The shareholder count grew 19% to 39,709.
- Promoters
- 52.4%
- FIIs
- 4.4%
- DIIs
- 15.5%
- Public
- 27.8%
Since Jun 2025
- FIIs −12.85 pp
- Public +7.58 pp
- DIIs +5.29 pp
How it drifted, 10 quarters
Over this window FIIs fell from 23.3% to 4.4% — −18.9 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 52.4%, FIIs 23.3%, DIIs 2.3%, Public 22.0%.Jun '24: Promoters 52.4%, FIIs 23.3%, DIIs 2.1%, Public 22.2%.Sep '24: Promoters 52.4%, FIIs 23.8%, DIIs 7.7%, Public 16.0%.Dec '24: Promoters 52.4%, FIIs 22.2%, DIIs 8.8%, Public 16.6%.Mar '25: Promoters 52.4%, FIIs 19.9%, DIIs 9.6%, Public 18.0%.Jun '25: Promoters 52.4%, FIIs 17.2%, DIIs 10.2%, Public 20.2%.Sep '25: Promoters 52.4%, FIIs 14.7%, DIIs 9.6%, Public 23.3%.Dec '25: Promoters 52.4%, FIIs 5.1%, DIIs 16.4%, Public 26.0%.Mar '26: Promoters 52.4%, FIIs 4.0%, DIIs 16.6%, Public 26.9%.Jun '26: Promoters 52.4%, FIIs 4.4%, DIIs 15.5%, Public 27.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- ICICI Prudential Pharma Healthcare And Diaganostics (P.H.D) Fund Mutual fund newly disclosed 2.16% held
- Bank Of India Flexi Cap Fund Mutual fund newly disclosed 2.12% held
The same filing shows 0 holders trimming and 3 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Entero Healthcare Solutions Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Orbimed Asia III Mauritius Limited | 38.00% | unchanged |
| Surbhi Singh(Prasid Uno Family Trust) | 10.45% | unchanged |
| Prabhat Agrawal | 9.26% | unchanged |
| Prem Sethi | 5.15% | unchanged |
| Invesco India Aggressive Hybrid Fund Mutual fund | 4.31% | unchanged |
| ICICI Prudential Pharma Healthcare And Diaganostics (P.H.D) Fund Mutual fund | 2.16% | newly disclosed |
| Bank Of India Flexi Cap Fund Mutual fund | 2.12% | newly disclosed |
| Cif Iii Scheme I AIF | 1.95% | unchanged |
| Arti Mittal | 0.00% | unchanged |
| OrbiMed Asia Partners III, L.P. | 0.00% | unchanged |
| Uquifa India Limited | 0.00% | unchanged |
| Soneas Chemicals Hungary | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹1815, this stock must grow earnings at 29% every year for 7 years. Our analysis caps realistic growth at ~93%. At that growth it is worth ₹26225 — upside of 1345%.
- Growth the price implies
- 29.4% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 93.5% a year
- net profit, FY24–FY26
- The gap
- -0.6 pp
- 1345% downside if it only repeats history
All earnings calls (8)
Read the Q1 FY27 call →Learn to analyse Entero Healthcare Solutions Limited
Guides on how to read this kind of business and the numbers that matter.