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Sanofi India Limited (SANOFI) Fair Value & Analysis

Healthcare · IN · Market cap ₹80.0B

SI Sanofi India Limited SANOFI · NSE
Price₹3,425
Fair Value₹3,004
Upside-12.3%
Quality71/100
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Evidence: High Range ₹2,129 – ₹3,845

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price +6.6% over the past month.

Price vs Fair Value (12 months)

₹5,905 ₹3,097 Fair Value ₹3,004 Jul 2025 Jul 2026

12‑month range ₹3,097 – ₹5,905 · fair‑value band ₹2,129 – ₹3,845 · the ₹3,425 price screens above the ₹3,004 fair value. As of Jul 3, 2026.

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Analysis

Sanofi India Limited (SANOFI) currently trades at ₹3,425, while our model-based Fair Value estimate is ₹3,004 — implying the stock looks roughly 12.3% overvalued today. We read business quality at 71/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Sanofi India Limited generated revenue of ₹17.7B at a net margin of 17.5%. Revenue declined 11.9% year over year. It earns a return on equity of 40.6%. The balance sheet holds a net cash position of ₹2.6B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹17.7B
Revenue growth (YoY) -11.9%
Net margin 17.5%
Return on equity 40.6%
Free cash flow ₹4.3B FY2025
P/E ratio 25.8
More key figures
Operating margin 28.3%
EPS (TTM) ₹134.61
EPS growth (YoY) -14.1%
Net cash ₹2.6B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Sanofi India Limited manufactures and trades in drugs and pharmaceutical products in India, Singapore and internationally. The company offers pharmaceutical products in various therapeutic areas, such as diabetes, cardiology, anti-infectives, and central nervous system under the Lantus, Toujeo, Soliqua, Clexane, Amaryl, Cardace, Lasix, Lasilactone, Glimepiride, Cetapin, Targocid, Frisium, Targocio, Combiflam, DePura, Allegra, Baralgan, BUSCOGAST, Dulcoflex, Enterogermina, Novalgin, and Avil brands through independent distributors. It also exports its products. The company was formerly known as Aventis Pharma Limited and changed its name to Sanofi India Limited in May 2012. The company was incorporated in 1956 and is headquartered in Mumbai, India. Sanofi India Limited operates as a subsidiary of Hoechst GmbH.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sanofi India Limited reported revenue of ₹18.4B in FY2025 versus ₹29.6B in FY2021, a compound −11.2%/yr. Reported net income was ₹3.3B in FY2025, compounding −23.3%/yr from FY2021.

Revenue −11.2%/yr
FY21 ₹29.6B
FY22 ₹27.7B
FY23 ₹20.0B
FY24 ₹20.1B
FY25 ₹18.4B
Net income −23.3%/yr
FY21 ₹9.4B
FY22 ₹6.2B
FY23 ₹6.0B
FY24 ₹4.1B
FY25 ₹3.3B

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Similar stocks

6 more Drug Manufacturers - General stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Eli Lilly and Company LLY $1,136 $630.79 -44%
Johnson & Johnson, JNJ 4,128 MXN 2,401 MXN -42%
AbbVie Inc ABBV $230.01 $133.86 -42%
Roche Holding ROGN 7,050 MXN 5,381 MXN -24%
Merck & Co MRCK34 R$72.90 R$13.54 -81%
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Frequently asked questions

Is Sanofi India Limited (SANOFI) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹3,004 versus a price of ₹3,425 — about −12% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SANOFI?
Our model-based fair value for Sanofi India Limited is ₹3,004 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹3,425.
What is the quality score of SANOFI?
Sanofi India Limited has a Quality Score of 71/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Sanofi India Limited (SANOFI)?
Sanofi India Limited reported trailing-twelve-month revenue of about ₹17.7B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SANOFI?
The net profit margin of Sanofi India Limited is about 17.5%, meaning it keeps roughly 17.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.