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SMS Lifesciences India Ltd (SMSLIFE) Fair Value & Analysis

Healthcare · IN · Market cap ₹3.8B

SL SMS Lifesciences India Ltd SMSLIFE · BSE
Price₹1,461
Fair Value₹1,024
Upside-29.9%
Quality61/100
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Strengths

Healthy Growth
Low debt · generates free cash flow
Ranks above peers (9/14)

Risks

!Trades 30% ABOVE our fair value of ₹1,024
!Thin margins · 5.2% net margin
!Narrow moat 38/100
!Evidence only medium, so the estimate is less certain
Healthy Growth
Thin margins · 5.2% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Narrow moat 38/100
Evidence: Medium Range ₹654.68 – ₹1,512 Share as image

Fair value as of: Aug 21, 2026

From 24 valuation models · updated yesterday

A solid business, but screening 30% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹654.68 to ₹1,512) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹1,744 ₹481.42 Fair Value ₹1,024 Dec 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹481.42 – ₹1,744 · fair‑value band ₹654.68 – ₹1,512 · the ₹1,461 price screens above the ₹1,024 fair value. Dashed = 300-day average. As of Aug 21, 2026.

Full chart & analysis →

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Analysis

SMS Lifesciences India Ltd (SMSLIFE) currently trades at ₹1,461, while our model-based Fair Value estimate is ₹1,024, implying the stock looks roughly 29.9% overvalued today. The Quality Score stands 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: medium).

Over the trailing twelve months, SMS Lifesciences India Ltd generated revenue of ₹3.3B at a net margin of 5.2%. Revenue declined 10.9% year over year. It earns a return on equity of 9.2%. Net debt stands at ₹835M. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹654.68 (bear case) to ₹1,512 (bull case); at ₹1,461, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -63% fair-value upside, at -30%, SMSLIFE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹566.78 ₹773.60 ₹1,075 80
Residual Income ₹562.97 ₹626.57 ₹1,033 76
Rev-Margin DCF ₹692.83 ₹1,094 ₹1,543 74
All 24 models by family
DCF Models
FCF DCF ₹547.40 ₹764.64 ₹1,100 38
Owner Earnings ₹581.44 ₹810.89 ₹1,165 31
5Y Revenue Exit ₹692.83 ₹1,086 ₹1,605 39
5Y EBITDA Exit ₹1,010 ₹1,635 ₹2,382 41
5Y P/E Exit ₹759.95 ₹1,202 ₹1,673 38
10Y Revenue Exit ₹605.88 ₹937.15 ₹1,331 36
10Y EBITDA Exit ₹821.94 ₹1,294 ₹1,855 37
10Y P/E Exit ₹670.53 ₹1,013 ₹1,377 35
Earnings-Based
Graham-Dodd ₹452.29 ₹868.88 ₹1,084 54
EPV ₹690.35 ₹808.63 ₹910.68 59
Dividend Discount
Gordon GGM ₹13.17 ₹17.93 ₹22.62 70
DDM Multi-Stage ₹13.17 ₹18.04 ₹23.54 61
Multiples
P/E Multiple ₹1,097 ₹1,463 ₹1,829 63
P/S Multiple ₹848.05 ₹1,131 ₹1,413 58
P/B Multiple ₹848.05 ₹1,131 ₹1,413 55
EV/EBIT ₹1,212 ₹1,635 ₹2,059 53
EV/EBITDA ₹1,508 ₹2,031 ₹2,553 54
EV/Revenue ₹848.09 ₹1,237 ₹1,625 43
Asset-Based
NCAV (Graham) ₹325.08 ₹435.60 ₹650.15 50
Growth DCF
Growth DCF ₹566.78 ₹773.60 ₹1,075 80
Rev-Margin DCF ₹692.83 ₹1,094 ₹1,543 74
Economic Profit
Residual Income ₹562.97 ₹626.57 ₹1,033 76
ROIC Compounder ₹694.16 ₹837.86 ₹987.84 72
Growth Earnings
Growth-Adj P/E ₹785.81 ₹1,123 ₹1,459 68

Widest divergence: Multiples (₹1,237) versus Dividend Discount (₹17.93). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹3.3B
Revenue growth (YoY) -10.9%
Net margin 5.2%
Return on equity 9.2%
Free cash flow ₹187M FY2025
P/E ratio 25.5
More key figures
Operating margin 9.6%
EPS (TTM) ₹57.24
EPS growth (YoY) -40.6%
Net debt ₹835M FY2025

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 59 · Market factors (momentum, volatility) 53

Profitability 47
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 52
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

SMS Lifesciences India Limited manufactures and sells active pharmaceutical ingredients (APIs) and intermediates in India. The company offers APIs in various therapeutic areas, such as anti ulcer, erectile dysfunction, anti gout, anesthesia, anti infective, anti obesity, antifungal, anti convulsant, anti emetic, ophthalmic, anti worm, and antiemetic.

Full company description

SMS Lifesciences India Limited manufactures and sells active pharmaceutical ingredients (APIs) and intermediates in India. The company offers APIs in various therapeutic areas, such as anti ulcer, erectile dysfunction, anti gout, anesthesia, anti infective, anti obesity, antifungal, anti convulsant, anti emetic, ophthalmic, anti worm, and antiemetic. It is also developing APIs in the areas of anti depressant, anti psychotic, anti hypertension, veterinary, antiviral, and anticoagulant. In addition, the company offers intermediates in the anti ulcer, anti migraine, anti hypertension, erectile dysfunction, anti cancer, antifungal, anti obesity, anti emetic, anti depressant, anti worm, anti gout, anti infective, anti convulsant, antiviral, and anesthesia. It also exports its products. SMS Lifesciences India Limited was founded in 1990 and is based in Hyderabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SMS Lifesciences India Ltd reported revenue of ₹3.4B in FY2025 versus ₹2.6B in FY2021, a compound +6.9%/yr. Reported net income was ₹201M in FY2025, compounding +10.4%/yr from FY2021.

Growth Quality 65/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
₹3.4B
Latest YoY
+12.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.6%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.7%
Revenue +6.9%/yr
FY21 ₹2.6B
FY22 ₹3.5B
FY23 ₹3.2B
FY24 ₹3.0B
FY25 ₹3.4B
Net income +10.4%/yr
FY21 ₹136M
FY22 ₹253M
FY23 ₹115M
FY24 ₹90.9M
FY25 ₹201M

SMSLIFE screens 30% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "SMS Lifesciences India Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SMSLIFE

Peer Group

Biotechnology · 627 stocks

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.

Quality Score 61 · Top 25%
Fair Value upside −30% · Above median
Return on equity (TTM) 9% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth -11% · Below median
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/E (TTM) 25.5× · Pricier than median
P/B 1.92× · Pricier than median
P/S (TTM) 1.13× · Cheaper than 75% of peers
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 9.8× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 0
PAST37 · sector 0
HEALTH95 · sector 97
DIVIDEND2 · sector 27

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Biotechnology stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $525.73 $278.78 -47%
Samsung Biologics Co 207940 1,549,000 KRW 1,055,793 KRW -32%
Celltrion, Inc 068270 202,000 KRW 74,519 KRW -63%
WuXi Biologics (Cayman) Inc 2269 HK$45.70 HK$30.58 -33%
Innovent Biologics, Inc 1801 HK$102.40 HK$19.72 -81%
Genmab A/S GMAB kr 2,104 kr 250.07 -88%
Sino Biopharmaceutical Limited 1177 HK$4.87 HK$3.37 -31%
RemeGen Co 688331 ¥131.87 ¥23.19 -82%
ALTEOGEN Inc 196170 314,000 KRW 39,476 KRW -87%
Biocon Limited BIOCON ₹417.50 ₹52.10 -88%

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Frequently asked questions

Is SMS Lifesciences India Ltd (SMSLIFE) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹1,024 versus a price of ₹1,461, about −30% (overvalued).
What is the fair value of SMSLIFE?
Our model-based fair value for SMS Lifesciences India Ltd is ₹1,024 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹1,461.
What is the quality score of SMSLIFE?
SMS Lifesciences India Ltd has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of SMS Lifesciences India Ltd (SMSLIFE)?
SMS Lifesciences India Ltd reported trailing-twelve-month revenue of about ₹3.3B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of SMSLIFE?
The net profit margin of SMS Lifesciences India Ltd is about 5.2%, meaning it keeps roughly 5.2% 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.

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