Kopran Ltd. is a fully integrated pharmaceutical company that manufactures and supplies high-quality formulations and active pharmaceutical ingredients globally.
Business Verticals1. API Vertical:WOS Kopran Research Laboratories operates the API vertical.[1]The co. undertakes development, manufacturing, and sale of diverse Active Pharmaceutical Ingredients and Advanced Intermediates. It is one of the leaders in Atenolol and has 26 commercialised products[2][3]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Sun Pharma.Inds. | 1668.90 | 34.69 | 400460.33 | 0.96 | 3124.95 | 2.56 | 14478.31 | 8.93 | 20.21 | 54964.01 | 30.12 | 11543.96 | 3117.95 | 5.15 | 12.97 | 0.07 |
| 2. | Divi's Lab. | 6236.00 | 66.61 | 165513.66 | 0.48 | 689.00 | 35.10 | 2715.00 | 16.12 | 20.44 | 10029.00 | 32.37 | 2485.00 | 689.00 | 10.74 | 13.53 | 0.01 |
| 3. | Torrent Pharma. | 4018.20 | 62.75 | 135955.09 | 0.80 | 591.00 | 32.49 | 3302.00 | 14.30 | 27.05 | 12248.00 | 32.60 | 2166.53 | 600.17 | 16.10 | 13.26 | 0.33 |
| 4. | Cipla | 1397.50 | 20.75 | 112878.16 | 0.93 | 1353.37 | 3.73 | 7589.44 | 7.64 | 22.72 | 28349.57 | 25.40 | 5441.14 | 1351.17 | 3.43 | 14.72 | 0.01 |
| 5. | Lupin | 2177.90 | 23.01 | 99527.00 | 0.55 | 1484.83 | 73.34 | 7047.51 | 24.23 | 21.30 | 24750.69 | 27.25 | 4324.63 | 1477.92 | 5.07 | 12.41 | 0.32 |
| 6. | Dr Reddy's Labs | 1175.50 | 17.00 | 98114.93 | 0.68 | 1336.80 | 7.28 | 8828.30 | 9.83 | 22.69 | 34310.00 | 24.64 | 5772.20 | 1347.10 | 2.72 | 12.95 | 0.16 |
| 7. | Mankind Pharma | 2175.40 | 51.37 | 89821.63 | 0.05 | 520.18 | -22.00 | 3697.16 | 20.77 | 15.98 | 13545.67 | 24.12 | 1748.55 | 511.51 | 5.87 | 8.89 | 0.55 |
| 8. | Kopran | 145.12 | 45.11 | 701.06 | 2.07 | -3.99 | -160.45 | 42.39 | -42.35 | 8.63 | 241.60 | 10.58 | 15.54 | -3.99 | 1.68 | 5.08 | 0.11 |
| – | Median: 149 Co. | 392.6 | 30.0 | 1767.16 | 0.12 | 13.96 | 10.46 | 161.76 | 10.58 | 14.89 | 603.85 | 15.93 | 45.26 | 14.12 | 3.13 | 8.56 | 0.21 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 53.62 | 67.96 | 80.23 | 65.86 | 98.64 | 82.33 | 90.62 | 49.61 | 73.53 | 71.94 | 75.94 | 51.33 | 42.39 |
Expenses | 47.72 | 61.86 | 72.86 | 65.04 | 89.94 | 70.27 | 75.28 | 44.33 | 63.84 | 60.54 | 63.65 | 46.26 | 45.59 |
Operating Profit | 5.90 | 6.10 | 7.37 | 0.82 | 8.70 | 12.06 | 15.34 | 5.28 | 9.69 | 11.40 | 12.29 | 5.07 | -3.20 |
Other Income | 14.74 | 1.16 | 2.07 | 1.48 | 5.79 | 1.29 | 8.15 | 2.12 | 1.12 | 0.75 | 1.92 | 1.80 | 0.32 |
Profit before tax | 18.91 | 5.42 | 7.51 | 0.23 | 12.59 | 11.16 | 20.55 | 5.51 | 8.75 | 9.83 | 11.71 | 4.61 | -4.87 |
Tax % | 5.39% | 25.46% | 26.50% | 30.43% | 15.25% | 23.75% | 25.50% | 23.05% | 24.57% | 24.62% | 26.56% | 23.64% | -18.07% |
Net Profit | 17.89 | 4.04 | 5.52 | 0.15 | 10.66 | 8.51 | 15.31 | 4.25 | 6.60 | 7.41 | 8.60 | 3.52 | -3.99 |
EPS in Rs | 3.71 | 0.84 | 1.14 | 0.03 | 2.21 | 1.77 | 3.18 | 0.88 | 1.37 | 1.54 | 1.78 | 0.73 | -0.83 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 302 | 326 | 187 | 182 | 154 | 197 | 179 | 223 | 205 | 273 | 337 | 271 | 242 |
Expenses | 264 | 294 | 162 | 164 | 145 | 174 | 156 | 193 | 189 | 245 | 301 | 232 | 216 |
Operating Profit | 38 | 32 | 25 | 17 | 9 | 23 | 23 | 30 | 15 | 28 | 37 | 39 | 26 |
Other Income | 6 | 6 | -0 | 9 | 8 | 3 | 2 | 10 | 8 | 16 | 17 | 6 | 5 |
Interest | 14 | 13 | 10 | 10 | 7 | 5 | 6 | 4 | 3 | 3 | 4 | 4 | 4 |
Depreciation | 12 | 10 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 |
Profit before tax | 17 | 15 | 11 | 13 | 7 | 17 | 16 | 33 | 16 | 37 | 45 | 36 | 21 |
Net Profit | 17 | 15 | 11 | 8 | 5 | 13 | 11 | 23 | 12 | 31 | 35 | 27 | 16 |
EPS in Rs | 4.36 | 3.77 | 2.64 | 1.97 | 1.09 | 3.00 | 2.59 | 5.43 | 2.44 | 6.48 | 7.19 | 5.57 | 3.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 55% | 123% | 46% | 42% | 54% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 39 | 41 | 43 | 43 | 43 | 43 | 43 | 43 | 48 | 48 | 48 | 48 | 48 |
Reserves | 98 | 136 | 145 | 158 | 162 | 175 | 186 | 204 | 331 | 347 | 369 | 383 | 368 |
Borrowings | 137 | 46 | 42 | 56 | 52 | 50 | 46 | 16 | 37 | 28 | 23 | 45 | 46 |
Other Liabilities | 55 | 51 | 49 | 54 | 42 | 50 | 52 | 61 | 48 | 82 | 71 | 70 | 64 |
Total Liabilities | 329 | 275 | 279 | 311 | 300 | 319 | 327 | 324 | 464 | 506 | 511 | 546 | 526 |
Fixed Assets | 103 | 33 | 35 | 39 | 38 | 42 | 43 | 47 | 46 | 47 | 52 | 61 | 74 |
Gross Block | 272.91 | 78.04 | 82.57 | 42.68 | 44.71 | 51.46 | 56.00 | 64.60 | 67.63 | 73.17 | 82.46 | 96.67 | – |
Accumulated Depreciation | 170.24 | 44.58 | 47.59 | 3.34 | 6.56 | 9.58 | 13.05 | 17.16 | 21.41 | 25.82 | 30.44 | 35.22 | – |
CWIP | 1 | 0 | 0 | 4 | 8 | 7 | 7 | 3 | 3 | 4 | 5 | 7 | 6 |
Investments | 7 | 46 | 156 | 157 | 157 | 158 | 158 | 159 | 259 | 260 | 261 | 263 | 264 |
Other Assets | 219 | 195 | 88 | 110 | 97 | 112 | 119 | 115 | 155 | 195 | 193 | 215 | 181 |
Total Assets | 329 | 275 | 279 | 311 | 300 | 319 | 327 | 324 | 464 | 506 | 511 | 546 | 526 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 2 | 53 | 19 | 4 | 12 | 12 | 10 | 49 | -38 | 17 | 35 | 23 |
Cash from Investing Activity | -9 | -10 | -4 | -9 | -2 | -4 | 1 | -9 | -100 | 10 | -6 | -15 |
Cash from Financing Activity | 7 | -43 | -15 | 5 | -11 | -7 | -11 | -40 | 138 | -26 | -24 | 6 |
Net Cash Flow | 0 | -0 | 0 | -0 | -0 | -0 | 0 | 0 | -0 | 1 | 5 | 14 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 66 | 33 | 38 | 77 | 48 | 83 | 86 | 81 | 106 | 112 | 95 | 124 |
Inventory Days | 104 | 24 | 90 | 84 | 119 | 78 | 149 | 73 | 119 | 98 | 78 | 129 |
Days Payable | 69 | 63 | 114 | 120 | 115 | 101 | 114 | 106 | 85 | 128 | 82 | 108 |
Cash Conversion Cycle | 100 | -6 | 14 | 41 | 52 | 60 | 121 | 48 | 139 | 82 | 91 | 145 |
Working Capital Days | 47 | 124 | 41 | 46 | 49 | 59 | 59 | 64 | 129 | 116 | 104 | 114 |
ROCE % | 11% | 11% | 10% | 10% | 5% | 9% | 8% | 14% | 6% | 9% | 11% | 9% |
Direct from BSE filings, auto-summarised
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Stock Analysis
Kopran Limited is an integrated pharmaceutical company engaged in the manufacturing and global supply of formulations and Active Pharmaceutical Ingredients (APIs).
Strategic focus remains on R&D and global market expansion.
Currently no data available for Order Book.
CRISIL rating of BBB+/A2 'watch developing' signals potential rating changes. Recent consolidated net losses and YoY revenue decline in Q2 FY26 highlight financial challenges.
Board meeting on January 22, 2026, to approve Q3 FY26 financial results.
Corporate Announcements