Marksans Pharma (MARKSANS)₹308.75+1.65%Pharmaceuticals
In the Jun 2026 quarter (consolidated), Marksans Pharma reported sales of ₹843 Cr, up 35.7% from Jun 2025, and net profit of ₹159 Cr, up 174.2% year on year. For the year to Mar 2026, sales were ₹2,954 Cr and net profit ₹421 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 532 | 587 | 561 | 592 | 643 | 684 | 709 | 621 | 721 | 755 | 857 | 843 |
| Expenses | 418 | 454 | 452 | 463 | 497 | 545 | 583 | 522 | 578 | 595 | 663 | 630 |
| Operating Profit | 114 | 133 | 110 | 128 | 147 | 139 | 127 | 99.99 | 144 | 161 | 195 | 213 |
| OPM % | 21.0% | 23.0% | 20.0% | 22.0% | 23.0% | 20.0% | 18.0% | 16.0% | 20.0% | 21.0% | 23.0% | 25.0% |
| Other Income | 18.99 | 4.99 | 16.99 | 15.01 | 0.00 | 27.99 | 14.99 | 5.99 | 22.01 | 20.01 | 35.01 | 25.01 |
| Interest | 1.99 | 2.99 | 4.98 | 2.99 | 2.99 | 2.99 | 2.99 | 5.98 | 5.97 | 5.98 | 5.98 | 6.97 |
| Depreciation | 18.01 | 22.01 | 21.01 | 20.01 | 20.02 | 21.01 | 23.01 | 22.99 | 27.03 | 23.99 | 24.01 | 25.02 |
| Profit before tax | 114 | 113 | 100 | 120 | 125 | 143 | 116 | 77.17 | 133 | 151 | 200 | 207 |
| Tax % | 26.0% | 26.0% | 22.9% | 25.9% | 21.9% | 27.0% | 22.0% | 23.9% | 26.0% | 24.9% | 24.9% | 23.0% |
| Net Profit | 84.14 | 83.11 | 78.09 | 89.20 | 98.24 | 105 | 91.11 | 58.13 | 99.22 | 114 | 149 | 159 |
| EPS (Rs) | 1.83 | 1.83 | 1.74 | 1.97 | 2.14 | 2.30 | 1.99 | 1.28 | 2.16 | 2.51 | 3.28 | 3.48 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 895 | 768 | 915 | 1,002 | 1,137 | 1,378 | 1,494 | 1,856 | 2,180 | 2,628 | 2,954 | 3,176 |
| Expenses | 759 | 724 | 836 | 870 | 944 | 1,040 | 1,235 | 1,517 | 1,725 | 2,095 | 2,358 | 2,466 |
| Operating Profit | 136 | 44.99 | 78.09 | 132 | 192 | 340 | 259 | 340 | 459 | 533 | 602 | 713 |
| OPM % | 15.0% | 6.0% | 9.0% | 13.0% | 17.0% | 25.0% | 17.0% | 18.0% | 21.0% | 20.0% | 20.0% | 22.5% |
| Other Income | 8.99 | 6.99 | 8.01 | 5.01 | 0.00 | 7.01 | 41.99 | 58.96 | 49.96 | 65.99 | 82.01 | 102 |
| Interest | 9.96 | 6.98 | 9.96 | 9.96 | 8.97 | 7.97 | 7.97 | 8.97 | 10.96 | 11.95 | 23.92 | 24.90 |
| Depreciation | 28.03 | 30.01 | 27.01 | 23.01 | 27.01 | 36.01 | 45.02 | 52.04 | 74.01 | 83.04 | 99.02 | 100 |
| Profit before tax | 107 | 15.01 | 50.05 | 104 | 157 | 302 | 248 | 338 | 425 | 505 | 561 | 692 |
| Tax % | 22.9% | 24.0% | 28.0% | 23.0% | 23.0% | 21.0% | 24.9% | 20.9% | 25.9% | 24.0% | 24.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | — |
| Net Profit | 83.13 | 11.02 | 36.10 | 80.10 | 121 | 239 | 187 | 265 | 315 | 383 | 421 | 522 |
| EPS (Rs) | 1.91 | 0.23 | 0.81 | 1.88 | 2.96 | 5.77 | 4.52 | 5.87 | 6.93 | 8.39 | 9.23 | 11.43 |
| Dividend payout % | 21.0% | 23.0% | 6.0% | 3.0% | 3.0% | 4.0% | 6.0% | 9.0% | 9.0% | 10.0% | 10.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41.03 | 41.04 | 41.01 | 41.01 | 41.05 | 41.05 | 41.04 | 41.04 | 44.98 | 45.02 | 44.98 | 45.02 |
| Reserves | 327 | 402 | 393 | 431 | 503 | 597 | 848 | 1,165 | 1,705 | 2,026 | 2,427 | 2,984 |
| Borrowings | 101 | 99.59 | 110 | 118 | 99.65 | 29.87 | 33.86 | 111 | 122 | 243 | 321 | 342 |
| Other Liabilities | 207 | 179 | 208 | 142 | 160 | 235 | 306 | 322 | 320 | 370 | 449 | 487 |
| Total Liabilities | 677 | 722 | 752 | 732 | 803 | 903 | 1,229 | 1,638 | 2,193 | 2,685 | 3,242 | 3,859 |
| Fixed Assets | 166 | 269 | 266 | 279 | 269 | 302 | 308 | 427 | 485 | 774 | 979 | 1,041 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.96 | 2.99 | 9.97 | 8.97 | 26.93 | 58.75 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 27.05 | 1.01 | 0.00 |
| Other Assets | 511 | 453 | 485 | 452 | 534 | 601 | 909 | 1,208 | 1,698 | 1,875 | 2,235 | 2,759 |
| Inventories | 130 | 168 | 190 | 218 | 293 | 242 | 404 | 424 | 485 | 618 | 846 | 971 |
| Trade receivables | 184 | 218 | 249 | 177 | 178 | 244 | 273 | 396 | 418 | 455 | 541 | 648 |
| Cash & equivalents | 185 | 35.08 | 25.04 | 40.06 | 34.04 | 94.19 | 212 | 350 | 716 | 675 | 705 | 991 |
| Total Assets | 677 | 722 | 752 | 732 | 803 | 903 | 1,229 | 1,638 | 2,193 | 2,685 | 3,242 | 3,859 |
| 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 | 155 | 30.98 | 13.98 | 49.94 | 26.98 | 233 | 179 | 98.84 | 237 | 230 | 207 | 458 |
| Cash from investing activity | −32.94 | −123 | −20.93 | −38.92 | −12.96 | −59.85 | −44.87 | −83.74 | −258 | −141 | −48.89 | −248 |
| Cash from financing activity | 17.05 | −58.20 | −3.01 | 3.01 | −21.07 | −114 | −15.04 | 80.23 | 199 | −69.16 | −65.13 | −71.20 |
| Net cash flow | 138 | −150 | −9.99 | 14.99 | −6.99 | 59.97 | 118 | 93.93 | 176 | 20.99 | 93.03 | 138 |
| Capex | 36.12 | 132 | 28.08 | 39.08 | 13.04 | 60.13 | 46.10 | 46.14 | 54.15 | 210 | 173 | 131 |
| Free cash flow | 118 | −101 | −13.97 | 10.98 | 13.96 | 174 | 133 | 52.83 | 184 | 21.96 | 34.93 | 328 |
| CFO / OP % | 108.0% | 43.0% | 31.0% | 73.1% | 41.0% | 134.0% | 67.0% | 66.0% | 88.0% | 77.0% | 62.1% | 99.0% |
| 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 | 83 | 88 | 117 | 70 | 63 | 77 | 71 | 96 | 81 | 75 | 74 | 79 |
| Inventory days | 106 | 119 | 150 | 151 | 214 | 154 | 247 | 215 | 191 | 216 | 269 | 277 |
| Days payable | 87 | 84 | 128 | 53 | 77 | 70 | 102 | 101 | 90 | 93 | 97 | 95 |
| Cash conversion cycle | 103 | 124 | 140 | 169 | 202 | 163 | 217 | 211 | 183 | 199 | 247 | 261 |
| Working capital days | 17 | 59 | 77 | 70 | 97 | 87 | 104 | 121 | 122 | 129 | 142 | 149 |
| ROCE % | 44.0% | 23.0% | 4.0% | 10.0% | 18.0% | 25.0% | 38.0% | 23.0% | 22.0% | 21.0% | 20.0% | 19.0% |
For the Jun 2026 quarter, Marksans Pharma reported sales of ₹843 Cr, up 35.7% year on year and net profit of ₹159 Cr, up 174.2% year on year. The operating margin was 25.0%.
Marksans Pharma's sales for the year to Mar 2026 were ₹2,954 Cr; over the last twelve months they were ₹3,176 Cr.
Net profit for the year to Mar 2026 was ₹421 Cr, and ₹522 Cr over the last twelve months. Earnings per share over the same trailing period were ₹11.43.
Marksans Pharma reported borrowings of ₹342 Cr at Mar 2026, against cash and equivalents of ₹991 Cr.
Cash from operations was ₹458 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹328 Cr.