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    Kwality Pharmaceuticals Limited

    Amritsar-based CDMO exporting generic & biologic formulations to 70+ countries via out-licensing.

    Healthcare
    Healthcare
    View KPL earnings calls
    ₹2,702
    +18.24% from avg

    Overview

    Price

    ₹2,702

    Market Cap

    ₹2.9k 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 — KPL
    Price
    ₹2,782
    EPS (TTM)
    ₹64.92
    PE (TTM)
    42.8
    Profit growth
    70.7%

    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 (22.6×) 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
    ₹2,782
    vs
    Fair value · 15% return
    ₹11,931
    329%Undervalued

    At 70.7% growth and a 23× exit, ₹2782 only delivers your return if you pay ₹11,931. The price is currently baking in 32% growth.

    EPS grows 70.7%/yr for 5 years, then fades to 6% over 2, exits at 23×.

    YearGrowthEPS (₹)
    FY2770.7%110.82
    FY2870.7%189.17
    FY2970.7%322.91
    FY3070.7%551.20
    FY3170.7%940.91
    FY3238.4% ·fade1301.74
    FY336.0% ·fade1379.85

    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.

    Learn to analyse Kwality Pharmaceuticals Limited

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