Debut Plus

637.85

-7.88 -1.22%

17 Jul 2026

NSE Listed

Shilpa Medicare Ltd. (SHILPAMED)

Volume: 7,41,076Avg Vol 1W: 6,61,336.8Avg Vol 1M: 10,36,208.952W Range:259.5650
Market Cap₹12,630 Cr
Current Price₹637.85
Previous Close₹645.73
High / Low (52w)₹650 / ₹259.5
Volume7,41,076
Avg Vol (1W)6,61,336.8
Avg Vol (1M)10,36,208.9
Stock P/E117.2
Book Value₹132.47
Dividend Yield0.1%
ROE9.4%
ROA6.6%
Revenue (TTM)₹1,310 Cr
Revenue Growth11.7%
Profit Margin15.8%
Total Debt₹232 Cr
Shares Outstanding20 Cr
Face Value₹1
EPS (TTM)₹5.51
P/B4.87
Debt / Equity0.25
50 DMA₹552.12
200 DMA₹399.36
Day change-1.22%
Price Chart
637.85 36.75% · 1Y
6382671.2Cr
2025-07-16
2026-07-15

20-day avg volume: 10.4L shares

Pros
  • Company is almost debt-free.
Cons
  • Stock trades at a high P/E of 117.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹293 Cr₹344 Cr₹319 Cr₹331 Cr₹321 Cr₹370 Cr₹410 Cr₹437 Cr
EBITDA₹56 Cr₹63 Cr₹53 Cr₹58 Cr₹69 Cr₹80 Cr₹85 Cr₹91 Cr
Net Profit₹14 Cr₹18 Cr₹32 Cr₹15 Cr₹47 Cr₹44 Cr₹45 Cr₹108 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹811 Cr₹747 Cr₹925 Cr₹931 Cr₹1,160 Cr₹1,068 Cr₹1,160 Cr₹1,310 Cr
EBITDA₹147 Cr₹127 Cr₹193 Cr₹158 Cr₹138 Cr₹24 Cr₹145 Cr₹227 Cr
Net Profit₹105 Cr₹112 Cr₹156 Cr₹148 Cr₹61 Cr₹-33 Cr₹32 Cr₹78 Cr
EPS13.0713.7719.1518.137.26-3.753.678.04
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹1,499 Cr₹1,610 Cr₹1,989 Cr₹2,632 Cr₹2,875 Cr₹2,904 Cr₹3,093 Cr₹3,311 Cr
Total Liabilities₹419 Cr₹420 Cr₹668 Cr₹1,165 Cr₹1,064 Cr₹1,130 Cr₹1,293 Cr₹947 Cr
Equity₹1,080 Cr₹1,190 Cr₹1,321 Cr₹1,467 Cr₹1,811 Cr₹1,774 Cr₹1,800 Cr₹2,364 Cr
Total Debt
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹86 Cr₹183 Cr₹167 Cr₹95 Cr₹140 Cr₹212 Cr₹178 Cr₹179 Cr
Investing₹-9 Cr₹-196 Cr₹-290 Cr₹-404 Cr₹-285 Cr₹-233 Cr₹-167 Cr₹-199 Cr
Financing₹-61 Cr₹10 Cr₹176 Cr₹436 Cr₹83 Cr₹46 Cr₹47 Cr₹63 Cr
Free Cash Flow₹86 Cr₹183 Cr₹167 Cr₹95 Cr₹140 Cr₹212 Cr₹178 Cr₹179 Cr
Shareholding
Promoter 40.13% Institutions 19.66% Public 40.21%
Efficiency & Working Capital
ROCE7.7%
Interest Coverage2.9
Dividend Payout
Debtor Days125 d
Inventory Days99 d
Payable Days27 d
Cash Conversion Cycle197 d
Working Capital Days224 d
Shareholding Details

As of 2026-06-30

Promoter40.1%
FII11.4%
DII8.1%
Institutions19.4%
Public40.4%
Promoter Pledge8.7%
No. of Shareholders60,926
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2024Apr 2024Apr 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters50%44.4%44.4%44.4%44.3%44.2%44.2%44.2%44.2%40.1%40.1%40.1%
FIIs5.7%9.7%9.7%9.1%9.6%9.9%11%11.2%10.9%11%11.1%11.4%
DIIs1.7%7.5%6.1%7.6%8.2%8.3%7.5%7.5%7.7%8.3%8.6%8.1%
Public42.6%38.4%39.8%38.9%37.9%37.6%37.3%37.1%37.2%40.6%40.2%40.4%
Promoter Pledge90.4%90.4%90.4%90.4%7.9%7.9%7.9%7.9%7.9%8.7%8.7%8.7%
No. of Shareholders44,79344,80944,80941,07242,78449,03450,10848,63652,06553,79953,41060,926
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Vishnukant Chaturbhuj BhutadaShareholding of Promoter and Promoter Group6.5%1.27 Cr
Dharmavati BhutadaShareholding of Promoter and Promoter Group6.4%1.24 Cr
Ravi Kumar InnaniShareholding of Promoter and Promoter Group4.1%80,12,740
Suraj Kumar InaniPublic Shareholding4%78,41,390
Om Prakash InaniShareholding of Promoter and Promoter Group2.9%57,35,382
Deepak Kumar InnaniShareholding of Promoter and Promoter Group2.8%54,67,920
Kantadevi InaniShareholding of Promoter and Promoter Group2.6%50,80,192
Sbi Life Insurance Co. LtdPublic Shareholding2.3%45,27,562
Sunidhi Capital Private LimitedPublic Shareholding2.3%44,00,000
Cohesion Mk Best Ideas Sub-trustPublic Shareholding2.2%42,52,274
Keshav BhutadaShareholding of Promoter and Promoter Group2.1%40,00,000
Madhav Vishnukant BhutadaShareholding of Promoter and Promoter Group2.1%40,00,000
Amal ParikhPublic Shareholding1.7%33,81,156
Dovetail India Fund Class 5 SharesPublic Shareholding1.7%33,37,132
Ramakant InnaniShareholding of Promoter and Promoter Group1.5%29,95,556
Vishnukanth C Bhutada .Shareholding of Promoter and Promoter Group1.4%26,72,260
Taradevi InnaniShareholding of Promoter and Promoter Group1.3%24,99,996
Vishnukanta InaniShareholding of Promoter and Promoter Group1.2%24,24,996
Bandhan Healthcare FundPublic Shareholding1.2%24,31,840
Brijgopal InnaniShareholding of Promoter and Promoter Group1.2%23,49,732
Elm Park Fund LimitedPublic Shareholding1.2%23,00,000
Icici Prudential Elss Tax Saver FundPublic Shareholding1.2%22,90,936
Natamal InnaniShareholding of Promoter and Promoter Group1.2%22,62,464
Shakuntalabai InnaniShareholding of Promoter and Promoter Group1.2%22,58,372
Sapphire Intrex LimitedPublic Shareholding1.1%20,77,132
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Vishnukanth C Bhutada .00%2026-06-30
Brijgopal Innani4,00,00017%2026-06-30
Om Prakash Inani4,00,0007%2026-06-30
Manjulatha Innani00%2026-06-30
Natamal Innani00%2026-06-30
Ramakant Innani13,50,00045.1%2026-06-30
Kantadevi Inani00%2026-06-30
Kamalkishore Innani00%2026-06-30
Shakuntalabai Innani00%2026-06-30
Taradevi Innani00%2026-06-30
Deepak Kumar Innani13,50,00024.7%2026-06-30
Triveni Inani00%2026-06-30
Board of Directors
NameDesignationYear
Omprakash InaniChairman & Non Executive Dir.2025
Vishnukant BhutadaED / MD / Promoter2025
Hetal GandhiIndependent Non Exe. Director2025
Sharath Reddy KalakotaE D & Wholetime Director2025
Kamal K SharmaIndependent Non Exe. Director2025
Anita BandyopadhyayIndependent Non Exe. Director2025
Ashraf Loutfy Abdelhamid AllamIndependent Non Exe. Director2025
Keshav BhutadaExecutive Director & CEO2025
Ritu TiwaryCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Pharmaceutical product and services₹824 Cr99.3%
Power₹5 Cr0.6%
Others₹1 Cr0.1%
Segments — Geography
RegionRevenueShare
Within India₹319 Cr38.4%
Europe₹288 Cr34.7%
USA₹133 Cr16%
ROW₹91 Cr10.9%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹1111010
Corporate Actions
TypeDateValueRemark
bonus2025-10-031:11:1 Bonus Issue of Equity Shares
dividend2025-09-17₹1 (100%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20252,27700412,285
20252,04600002,046
2025000001
Insider / Designated-Person Trades

30 recent disclosure(s)

PRIYA INANIDisposal · 1,00,000
VISHNUKANT CHATURBHUJ BHUTADAPledge · 10,00,000
OMPRAKASH INANIPledge · 2,00,000
DEEPAK KUMAR INNANIPledge · 6,75,000
DHARMAVATI BHUTADAPledge · 6,75,000
BRIJGOPAL INNANIPledge · 2,00,000
Substantial Acquisitions (SAST)

1 disclosure(s)

Qualified Institutional Placement (qip)13/04/2024 · 1,09,89,010
Company Information
Incorporated1987
ChairmanOmprakash Inani
AuditorB N P S and Associates LLP
Investor Email[email protected]
🌐 www.vbshilpa.com

📍 #12-6-214/A1, Hyderabad Road, Raichur, Karnataka, 584135

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