Sandu Pharmaceuticals (BSE 524703)₹36.72−0.62%Pharmaceuticals
In the Mar 2026 quarter (standalone), Sandu Pharmaceuticals reported sales of ₹16.91 Cr, up 19.9% from Mar 2025, and net profit of ₹0.03 Cr, down 90.6% year on year. For the year to Mar 2026, sales were ₹70.17 Cr and net profit ₹1.76 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17.72 | 16.66 | 17.48 | 15.64 | 17.11 | 17.74 | 18.42 | 14.10 | 16.76 | 17.68 | 18.82 | 16.91 |
| Expenses | 17.29 | 15.77 | 16.89 | 14.97 | 16.63 | 16.75 | 17.36 | 13.61 | 16.15 | 16.75 | 17.71 | 16.26 |
| Operating Profit | 0.36 | 0.83 | 0.52 | 0.61 | 0.42 | 0.93 | 1.01 | 0.46 | 0.54 | 0.87 | 1.05 | 0.58 |
| OPM % | 2.0% | 5.0% | 2.9% | 3.9% | 2.4% | 5.2% | 5.5% | 3.2% | 3.2% | 4.9% | 5.6% | 3.4% |
| Other Income | 0.00 | 0.10 | 0.04 | 0.32 | 0.05 | 0.04 | 0.03 | 0.08 | 0.03 | 0.06 | 0.02 | 0.38 |
| Interest | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Depreciation | 0.13 | 0.14 | 0.15 | 0.20 | 0.17 | 0.18 | 0.20 | 0.16 | 0.19 | 0.18 | 0.18 | 0.17 |
| Profit before tax | 0.20 | 0.76 | 0.37 | 0.70 | 0.26 | 0.74 | 0.79 | 0.33 | 0.33 | 0.70 | 0.84 | 0.74 |
| Tax % | 47.6% | 27.2% | 44.7% | 16.9% | 40.7% | 31.9% | 30.0% | 2.9% | 35.2% | 26.7% | −14.2% | 93.3% |
| Net Profit | 0.10 | 0.54 | 0.20 | 0.58 | 0.16 | 0.49 | 0.55 | 0.32 | 0.21 | 0.51 | 0.97 | 0.03 |
| EPS (Rs) | 0.12 | 0.58 | 0.23 | 0.62 | 0.19 | 0.53 | 0.59 | 0.35 | 0.24 | 0.55 | 1.02 | 0.05 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 38.94 | 42.94 | 49.16 | 49.58 | 48.49 | 58.95 | 65.68 | 65.49 | 67.46 | 67.35 | 70.17 | 70.17 |
| Expenses | 35.95 | 40.91 | 46.51 | 47.28 | 46.85 | 56.53 | 62.61 | 62.76 | 64.87 | 64.41 | 66.83 | 66.87 |
| Operating Profit | 2.90 | 1.86 | 2.48 | 2.10 | 1.46 | 2.17 | 2.89 | 2.50 | 2.31 | 2.77 | 3.01 | 3.04 |
| OPM % | 7.5% | 4.3% | 5.1% | 4.3% | 3.0% | 3.7% | 4.4% | 3.8% | 3.4% | 4.1% | 4.3% | 4.3% |
| Other Income | 0.13 | 0.57 | 0.13 | 0.58 | 0.46 | 0.20 | 0.09 | 0.34 | 0.43 | 0.18 | 0.45 | 0.49 |
| Interest | 1.63 | 1.48 | 1.22 | 1.00 | 0.42 | 0.10 | 0.10 | 0.07 | 0.05 | 0.09 | 0.10 | 0.08 |
| Depreciation | 0.70 | 0.88 | 0.61 | 0.65 | 0.56 | 0.57 | 0.54 | 0.53 | 0.59 | 0.68 | 0.69 | 0.72 |
| Profit before tax | 0.67 | 0.04 | 0.75 | 1.00 | 0.91 | 1.67 | 2.31 | 2.21 | 2.07 | 2.15 | 2.64 | 2.61 |
| Tax % | 22.0% | 1,000.0% | 26.3% | 34.6% | 21.7% | 35.1% | 31.4% | 31.1% | 29.3% | 28.2% | 33.5% | — |
| Exceptional items | −0.03 | −0.58 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.53 | −0.43 | 0.55 | 0.66 | 0.71 | 1.08 | 1.58 | 1.51 | 1.45 | 1.54 | 1.76 | 1.72 |
| EPS (Rs) | 0.77 | −0.63 | 0.80 | 0.96 | 1.03 | 1.39 | 1.81 | 1.58 | 1.52 | 1.61 | 1.84 | 1.86 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 36.3% | 41.6% | 0.0% | 52.9% | 49.8% | 54.6% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.07 | 7.07 | 7.07 | 7.07 | 7.07 | 7.07 | 7.90 | 8.80 | 9.65 | 9.65 | 9.65 | 9.64 |
| Reserves | 11.09 | 11.63 | 20.37 | 21.04 | 21.76 | 22.20 | 25.61 | 27.71 | 29.63 | 30.99 | 32.42 | 34.07 |
| Borrowings | 12.48 | 11.40 | 10.57 | 9.41 | 6.18 | 1.24 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 |
| Other Liabilities | 10.87 | 11.34 | 8.42 | 7.00 | 8.64 | 10.91 | 13.44 | 12.78 | 14.91 | 11.79 | 13.71 | 11.77 |
| Total Liabilities | 41.51 | 41.44 | 46.43 | 44.52 | 43.65 | 41.42 | 46.98 | 49.29 | 54.19 | 52.43 | 55.78 | 55.89 |
| Fixed Assets | 8.35 | 7.80 | 17.47 | 17.54 | 17.02 | 16.59 | 16.16 | 15.98 | 16.61 | 17.86 | 18.14 | 18.12 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 | 0.41 | 0.00 | 0.00 | 0.05 |
| Investments | 0.71 | 0.74 | 1.00 | 1.13 | 1.14 | 0.83 | 0.25 | 9.13 | 9.69 | 10.45 | 11.26 | 12.35 |
| Other Assets | 32.45 | 32.90 | 27.96 | 25.85 | 25.49 | 24.00 | 30.57 | 23.71 | 27.48 | 24.12 | 26.38 | 25.37 |
| Inventories | 12.69 | 12.05 | 10.70 | 11.45 | 13.28 | 14.38 | 11.15 | 11.28 | 14.35 | 12.26 | 14.16 | 10.48 |
| Trade receivables | 6.55 | 7.14 | 6.34 | 6.68 | 4.79 | 4.67 | 5.34 | 3.98 | 4.78 | 4.86 | 4.75 | 5.40 |
| Cash & equivalents | 4.12 | 0.68 | 2.68 | 1.40 | 0.78 | 1.53 | 11.64 | 4.16 | 2.28 | 1.19 | 2.64 | 6.85 |
| Total Assets | 41.51 | 41.44 | 46.43 | 44.52 | 43.65 | 41.42 | 46.98 | 49.29 | 54.19 | 52.43 | 55.78 | 55.89 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 4.74 | −1.42 | 4.90 | 1.24 | 3.73 | 6.19 | 7.60 | 0.96 | 0.23 | 0.75 | 0.96 | 6.11 |
| Cash from investing activity | −0.17 | 0.04 | −0.58 | −0.61 | −0.09 | −0.36 | −5.56 | −5.45 | 0.52 | −1.30 | −0.17 | −0.56 |
| Cash from financing activity | −1.89 | −2.05 | −2.32 | −1.88 | −4.25 | −5.35 | 1.29 | 0.92 | 0.57 | −0.71 | −0.45 | −0.93 |
| Net cash flow | 2.68 | −3.43 | 2.00 | −1.27 | −0.63 | 0.47 | 3.30 | −3.58 | 1.34 | −1.26 | 0.30 | 4.61 |
| Capex | 0.31 | 0.14 | 0.60 | 0.67 | 0.10 | 0.10 | 0.12 | 0.83 | 1.06 | 1.42 | 0.93 | 0.71 |
| Free cash flow | 4.42 | −1.59 | 4.31 | 0.61 | 3.64 | 6.10 | 7.47 | 0.10 | −0.84 | −0.68 | 0.00 | 5.41 |
| CFO / OP % | 201.0% | −42.0% | 195.0% | 63.0% | 194.0% | 437.0% | 373.0% | 64.0% | 37.0% | 55.0% | 55.0% | 229.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 63 | 67 | 54 | 50 | 35 | 35 | 33 | 22 | 27 | 26 | 26 | 28 |
| Inventory days | 211 | 208 | 153 | 148 | 192 | 210 | 119 | 116 | 169 | 138 | 162 | 122 |
| Days payable | 102 | 100 | 57 | 38 | 60 | 83 | 70 | 69 | 97 | 46 | 50 | 51 |
| Cash conversion cycle | 169 | 173 | 148 | 158 | 166 | 160 | 81 | 68 | 96 | 117 | 136 | 98 |
| Working capital days | 69 | 106 | 62 | 31 | 41 | 73 | 41 | 43 | 53 | 58 | 64 | 43 |
| ROCE % | 6.8% | 7.8% | 4.3% | 5.2% | 5.6% | 4.2% | 5.6% | 7.0% | 6.1% | 5.4% | 5.5% | 6.5% |
For the Mar 2026 quarter, Sandu Pharmaceuticals reported sales of ₹16.91 Cr, up 19.9% year on year and net profit of ₹0.03 Cr, down 90.6% year on year. The operating margin was 3.4%.
Sandu Pharmaceuticals' sales for the year to Mar 2026 were ₹70.17 Cr; over the last twelve months they were ₹70.17 Cr.
Net profit for the year to Mar 2026 was ₹1.76 Cr, and ₹1.72 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.86.
Sandu Pharmaceuticals reported borrowings of ₹0.41 Cr at Mar 2026, against cash and equivalents of ₹6.85 Cr.
Cash from operations was ₹6.11 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹5.41 Cr.