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Novartis India Limited

Novartis India Limited

NSE: NOVARTIND
Drug Manufacturers - Specialty & GenericHealthcareSMALL CAPMCap ₹4.69k Cr
₹1,897.60₹-42.50 (-2.19%)

Market Closed • NSE

Market cap₹4.69k Cr
Enterprise value₹4.12k Cr
P/E TTM47.91
P/B5.73
EPS TTM₹39.61
D/E0.39
Dividend yield0.00%
52W high₹2,588.80
52W low₹672.25
Price chart(1Y)
1Y Return:+45.79% (+₹596.00)
H: ₹2,588.8L: ₹1,281
1W-5.74%
1M-8.87%
3M+11.50%
6M+91.71%
Today at a glance

Day range

₹1,850.00₹1,949.10

52 week range

₹672.25₹2,588.80
Volume31.5K0.66x 20D avg
Free float50.00%-34.00% volume

Novartis India Limited closed at INR1897.60 (-2.19%) on volume 0.66x its 20-day average, trading 26.7% below its 52-week high.

Technical analysis
RSI (14)45.9Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹111.17High
SMA 20₹1,981.42BEARISH
SMA 50₹1,827.17BULLISH
SMA 100₹1,660.00BULLISH
SMA 200—N/A
CPR bottom₹1,954.20
Pivot₹1,949.50
CPR top₹1,944.80
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +56.9% QoQ

2023-07-20

DIVIDEND Announced

Annual General Meeting/Dividend - Rs 10 Per Share/Special Dividend - Rs 37.50 Per Share

2022-07-20

DIVIDEND Announced

Dividend - Rs 10 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹3.2 Cr₹4.69k Cr0.07%≤ 33%PASS
Non-halal income ratio₹1.3 Cr₹354.3 Cr0.38%≤ 5%PASS
Illiquid assets ratio₹925.8 Cr₹978.3 Cr94.63%≥ 20%PASS
Receivables ratio–₹978.3 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E47.9137.00
Forward P/E——
P/B5.735.00
EV/EBITDA—18.00
PEG—1.00
Earnings yield2.102.70
Growth & profitability
RevenuePAT
FY23PAT margin 28.00%
FY24PAT margin 25.50%
FY25PAT margin 28.30%
FY26PAT margin 26.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-1.40%
Revenue CAGR 5Y—
PAT CAGR 3Y-3.40%
PAT CAGR 5Y—
Operating margin33.22%
Net margin26.38%
Financial health & cash flow
Net debt–Moderate
Interest coverage73.00xEBIT / interest
CFO / PAT0.84x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹46.7 Cr
Capital expenditure–
Free cash flow₹46.4 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation50/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.39x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Drug Manufacturers - Specialty & Generic.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · June 2026

Ownership distribution

Jun 2026Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Dec 2024Jun 2025Sept 2025Dec 2025Jun 2026
1.54%Institutional holding
27.79%Public holding
5Periods available
0.00%Promoter pledged
36.71KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Dividend₹10.00 / share—20 Jul 2023
—Dividend₹10.00 / share—20 Jul 2022
—Dividend₹10.00 / share—17 Aug 2021
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)40.45%+6.06% latest vs average
Highest delivery60.77%on 13 Oct
Average volume (20D)47.7KTrading-session average
Conviction trendStrengthening+6.06% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Sun Pharmaceutical Industries Limited
Sun Pharmaceutical Industries LimitedSUNPHARMA
Open analysis
₹4.22L34.900.91%₹15,300.00₹2,901.00+10.46%+26.52%
Divi's Laboratories Limited
Divi's Laboratories LimitedDIVISLAB
Open analysis
₹2.43L82.970.33%₹3,080.00₹902.00+27.80%+65.50%
Torrent Pharmaceuticals Limited
Torrent Pharmaceuticals LimitedTORNTPHARM
Open analysis
₹1.73L72.830.83%₹4,128.00₹389.00+41.90%-21.89%
Apollo Hospitals Enterprise Limited
Apollo Hospitals Enterprise LimitedAPOLLOHOSP
Open analysis
₹1.13L54.320.25%₹7,044.00₹610.00+20.58%+38.32%
Zydus Lifesciences Limited
Zydus Lifesciences LimitedZYDUSLIFE
Open analysis
₹1.12L25.030.09%₹8,017.00₹990.00+21.95%-34.91%
LENSKART SOLUTIONS LTD
LENSKART SOLUTIONS LTDLENSKART
Open analysis
₹1.12L174.730.00%₹2,714.00₹228.00+43.29%+273.77%
Laurus Labs Limited
Laurus Labs LimitedLAURUSLABS
Open analysis
₹1.11L101.830.12%₹2,026.31₹367.60+29.10%+125.49%
Cipla Limited
Cipla LimitedCIPLA
Open analysis
₹1.07L31.780.98%₹7,119.00₹786.00+2.33%-39.16%
About Novartis India Limited
Novartis India Limited

Novartis India Ltd is primarily engaged in the Business of Wholesale of pharmaceuticals and medical goods. [1] It imports various medicines to India from different sources across the globe.[2]

IndiaHealthcare

Questions investors ask
Is Novartis India Limited Shariah compliant?

Novartis India Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.07%) complies with AAOIFI threshold (≤ 33%).

What is Novartis India Limited's current valuation relative to peers?

Novartis India Limited trades at a P/E of 47.9x compared to the sector median of 37x, and a Price-to-Book of 5.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.39x. Interest coverage is 73x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.