Bal Pharma Limited (BALPHARMA) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Bal Pharma Limited stock ₹77.48, price ₹83.18, that is 6.9% below the price, quality 35 out of 100. Rating: fairly valued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
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Bal Pharma Limited
BALPHARMA · NSEThe stock costs about what our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.
How to read this chart
60‑month range ₹60.42 – ₹149.20 · fair‑value band ₹40.46 – ₹100.72 · the ₹83.18 price screens above the ₹77.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.
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Company profile
Bal Pharma Limited, together with its subsidiaries, manufactures and markets pharmaceutical formulations and active pharmaceutical ingredients (APIs) in India and internationally. The company offers prescription drugs, generics, OTC products, intravenous infusion products, and bulk drugs.
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It also provides anti-infectives, pain management, respiratory care, and women's health products under the Aziwin, Ebay, Balvibe, MNF, Ocium, and Monogesic Plus Gel brands; diabetic care products under the Diabend and Diabend M Group brands; herbal/ayurvedic preparations targeting conditions, such as prostate enlargement, renal calculi, male infertility, and women health, etc. under the Stonex, Ashwamed, Prostowin, Suswas, Menoleap, and Ayursulin brands; anti-hypertensive, anti-lipidemic, and anti-obese products; skin care and bone health products; herbal liver protective and antioxidant; and cardiac care products under the Secremet and Servace brands.
In addition, the company offers a range of APIs for therapeutic areas, such as anti-histamine, platelet inhibitor, anti-diabetic, anti-convulsant, urinary incontinence, neuropathic pain, anti-allergy, anti-inflammatory, diuretic, and acne treatment, etc.; and various formulations, including tablets, capsules, syrups, suspensions, ophthalmic, creams, and ointments.
Further, it engages in the treatment of gastrointestinal disorders; and piles, fistula, and constipation. The company exports its products to approximately 30 countries. Bal Pharma Limited was incorporated in 1987 and is based in Bengaluru, India.
Stock analysis
Bal Pharma Limited (BALPHARMA) currently trades at ₹83.18, while our model-based Fair Value estimate is ₹77.48, so the stock looks roughly fairly valued today (gap 7.4%).
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Valuation
Bull case: the Multiples group reads highest at a median of ₹85.12 per share, and 7 of the 16 models we run sit above the ₹83.18 price.
Bear case: the Dividend Discount group reads lowest at ₹16.05, and 9 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹40.46 (bear) to ₹100.72 (bull), the price of ₹83.18 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 35/100 (below-average quality), in the Healthcare sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Bal Pharma Limited reported revenue of ₹3.1B in FY2026 versus ₹2.8B in FY2022, a compound +2.6%/yr. Reported net income was ₹62.8M in FY2026, compounding +2.9%/yr from FY2022.
Key figures
Market cap ₹1.3B (≈ $14.1M) Micro · P/E ratio 17.4 · P/S ratio 0.40 · EPS (TTM) ₹4.77 · Dividend yield 1.4% · Net margin 2.2% · Return on equity 7.9% · Return on assets (EBIT) 5.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 26 out of 100 (medium confidence).
What moves the price
The share trades about 27% below its 52-week high and 38% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −27% fair-value upside, at −7%, BALPHARMA screens cheaper than that median.
Fair Value models
All 16 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
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Compare Bal Pharma Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Drug Manufacturers - Specialty & Generic · 605 stocks
Valuation Multiplesvs Drug Manufacturers - Specialty & Generic median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Health Care sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Price/FCF by industry
- Debt-to-equity by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Zoetis Inc ZTS | $82.46 | $113.53 | +38% | vs BALPHARMA |
| Jiangsu Hengrui Pharmaceuticals Co 600276 | ¥48.55 | ¥55.21 | +14% | vs BALPHARMA |
| Sun Pharmaceutical Industries Limited SUNPHARMA | ₹1,905 | ₹1,983 | +4% | vs BALPHARMA |
| Haleon plc HLN | $9.06 | $8.62 | −5% | vs BALPHARMA |
| Merck KGaA MRK | €149.35 | €109.18 | −27% | vs BALPHARMA |
| Galderma Group GALD | CHF 188.55 | CHF 109.80 | −42% | vs BALPHARMA |
| Takeda Pharmaceutical Company TAK | $20.93 | $11.34 | −46% | vs BALPHARMA |
| Teva Pharmaceutical Industries Limited TEVA | $42.40 | $20.74 | −51% | vs BALPHARMA |
| Sandoz Group SDZ | CHF 83.38 | CHF 40.20 | −52% | vs BALPHARMA |
| Divi's Laboratories Limited DIVISLAB | ₹11,566 | ₹1,567 | −86% | vs BALPHARMA |
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