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Shilpa Medicare Limited (SHILPAMED) Fair Value & Analysis

Healthcare · IN · Market cap ₹118B

SM Shilpa Medicare Limited SHILPAMED · NSE
Price₹608.95
Fair Value₹242.36
Upside-60.2%
Quality61/100
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Evidence: High Range ₹173.91 – ₹310.81

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +18.2% over the past month.

Price vs Fair Value (12 months)

₹608.95 ₹267.00 Fair Value ₹242.36 Jul 2025 Jul 2026

12‑month range ₹267.00 – ₹608.95 · fair‑value band ₹173.91 – ₹310.81 · the ₹608.95 price screens above the ₹242.36 fair value. As of Jul 3, 2026.

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Analysis

Shilpa Medicare Limited (SHILPAMED) currently trades at ₹608.95, while our model-based Fair Value estimate is ₹242.36 — implying the stock looks roughly 60.2% overvalued today. We read business quality at 61/100 (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, Shilpa Medicare Limited generated revenue of ₹15.4B at a net margin of 15.8%. Revenue grew 31.5% year over year. It earns a return on equity of 9.8%. Net debt stands at ₹6.1B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹15.4B
Revenue growth (YoY) +31.5%
Net margin 15.8%
Return on equity 9.8%
Free cash flow −₹754M FY2026
P/E ratio 48.3
More key figures
Operating margin 20.4%
EPS (TTM) ₹12.44
Dividend yield 0.1%
EPS growth (YoY) +645%
Net debt ₹6.1B FY2026

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

About the company

Shilpa Medicare Limited, together with its subsidiaries, manufactures and sells active pharmaceutical ingredients (APIs), finished dosage formulations, biosimilars, and contract development and manufacturing organisation in India, the United States, Europe, and internationally. The company offers various oncology and non-oncology APIs, such as anastrozole, acebrophylline, ambroxol hydrochloride, axitinib, azacitidine, abiraterone acetate, bendamustine HCL monohydrate, bicalutamide, bortezomib, busulphan, cabazitaxel amorphous, capecitabine, clofarabine, cyclophosphamide, dasatinib, decitabine, dimethyl fumarate, erlotinib HCL, enzalutamide, fingolimod hydrochloride, gemcitabine HCl, ibrutinib, imatinib mesylate, irinotecan HCl trihydrate, lenalidomide, lenvatinib mesylate, letrozole, and melphalan HCL. It also provides nifedipine, oxaliplatin, pazopanib, pemetrexed disodium hemipentahydrate, pemetrexed dipotassium nonahydrate, pirfenidone, pomalidomide, sodium cholesteryl sulfate, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shilpa Medicare Limited reported revenue of ₹15.4B in FY2026 versus ₹11.4B in FY2022, a compound +7.8%/yr. Reported net income was ₹2.4B in FY2026, compounding +41.5%/yr from FY2022.

Revenue +7.8%/yr
FY22 ₹11.4B
FY23 ₹10.4B
FY24 ₹11.5B
FY25 ₹12.9B
FY26 ₹15.4B
Net income +41.5%/yr
FY22 ₹607M
FY23 −₹325M
FY24 ₹319M
FY25 ₹783M
FY26 ₹2.4B

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Frequently asked questions

Is Shilpa Medicare Limited (SHILPAMED) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹242.36 versus a price of ₹608.95 — about −60% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SHILPAMED?
Our model-based fair value for Shilpa Medicare Limited is ₹242.36 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹608.95.
What is the quality score of SHILPAMED?
Shilpa Medicare Limited has a Quality Score of 61/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shilpa Medicare Limited (SHILPAMED)?
Shilpa Medicare Limited reported trailing-twelve-month revenue of about ₹15.4B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SHILPAMED?
The net profit margin of Shilpa Medicare Limited is about 15.8%, meaning it keeps roughly 15.8% of revenue as net income. Based on the latest reported figures.
Does Shilpa Medicare Limited pay a dividend?
Shilpa Medicare Limited currently shows a dividend yield of about 0.11% relative to its recent price (as of Jul 3, 2026).

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.