Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Gujarat Themis Biosyn Limited

NSE: GUJTHEMPharmaceuticals

Share price

₹363.50

-1.21% close of 9 Oct 2026

Market cap ₹4,725 CrP/E 97.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

56

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,725 Cr

P/E ratio

97.0

P/B ratio

13.7

ROCE

17.9%

ROE

17.4%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹469.9052-week low ₹226.90

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Mar 2012 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Mar 2012 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Gujarat Themis Biosyn Limited — this one-7%/yr97.0×—
Sun Pharmaceutical13%/yr33.4×₹2.6
Divi's Laboratories13%/yr83.1×₹6.4
Torrent Pharmaceuticals22%/yr79.4×₹3.6
Zydus Lifesciences32%/yr23.2×₹0.72
Laurus Labs Limited4%/yr100.5×₹25.1

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Pharmaceuticals), it ranks 46 of 130 on returns, 36 of 127 on growth, 3 of 130 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 17.9% on capital, ahead of 65% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹283 crore of cash from the business but spent ₹400 crore on plant and equipment, ₹117 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹1 crore to ₹162 crore.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹44 Cr

Revenue vs last year

+21.6%

Revenue vs last quarter

-0.5%

Net profit

₹11 Cr

Profit vs last year

+23.0%

Profit vs last quarter

+0.6%

Net margin

25.3%

EPS

₹1.02

Earnings call transcript · 10 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,725 Cr
Prev close
₹363.50
52w High
₹479
52w Low
₹225
Enterprise value
—
Beta
1.9
Price CAGR 1y
-7.0%
Price CAGR 3y
40.0%
Price CAGR 5y
38.0%
Price CAGR 10y
47.0%

Ratios

Return on assets
9.3%
PEG ratio
-12.0
P/E ratio
97.0
P/B ratio
13.7
EV / EBITDA
—
Industry P/E
37.6
ROCE
17.9%
ROCE 5y average
43.6%
ROE
17.4%
Debt / Equity
0.6
Interest coverage
21.7
Dividend yield
0.2%
ROE 3y average
23.0%
ROE last year
17.0%

Annual P&L

Annual revenue
₹166 Cr
Annual profit
₹47 Cr
Operating margin
46.0%
Net profit margin
28.3%
EBITDA margin
45.8%
Sales growth 3y
4.0%
Sales growth 5y
13.0%
Profit growth 3y
-7.0%
Profit growth 5y
9.0%
EPS
₹4.3
Sales growth TTM
10.0%
Profit growth TTM
-4.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹44 Cr
Profit latest quarter
₹11 Cr
YoY quarterly sales growth
22.1%
YoY quarterly profit growth
22.2%
OPM latest quarter
47.5%

Balance Sheet

Book Value
₹22.2
Face Value
₹1.0
Total debt
₹162 Cr
Total cash
₹6 Cr
Borrowings
₹162 Cr
Reserves / Equity
25.2

Cash Flow

Operating cash flow
₹49 Cr
Free cash flow
-₹124 Cr
FCF yield
-2.7%
Net cash flow
-₹9 Cr

Shareholding

Promoter holding
59.3%
FII holding
4.9%
DII holding
13.8%
Public holding
21.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Sun Pharma.Inds.1,781.0033.84,27,3220.902,901.26.015,299.910.520.5
Divi's Lab.9,588.0085.42,54,5310.31902.065.53,080.027.822.0
Torrent Pharma.4,716.2080.41,79,3890.81566.05.84,921.054.915.2
Zydus Lifesci.1,153.0023.61,15,0120.09990.2-35.18,017.022.021.1
Laurus Labs2,052.80101.41,10,9150.10362.1125.52,026.329.117.8
Cipla1,327.2030.01,07,2210.98785.6-39.27,119.32.315.5
Mankind Pharma2,500.0048.41,03,2610.04574.129.64,030.612.913.5
Guj. Themis Bio.379.50101.44,9390.1811.122.243.822.1
Median417.9034.52,2080.0713.529.5164.018.415.0

Competes with: Aurobindo Pharma, Cipla, Divi's Laboratories, Dr Reddy's Laboratories, Laurus Labs Limited, Lupin, Mankind Pharma Limited, Sun Pharmaceutical, Torrent Pharmaceuticals, Zydus Lifesciences

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Mar 2026Jun 2026
Sales28285040394239354038364444
Expenses222523
Material Cost7.73
Change in Inventories-3.91
Purchases of Stock-in-Trade0
Employee Cost4.72
Other Expenses14
Operating Profit141921
OPM %43524742465048444843394448
Other Income010
Exceptional items (within Other Income)0
Interest022
Depreciation244
Profit before tax121415
Tax %252427
Net Profit91111
EPS in Rs0.8311.02
Diluted EPS in Rs1.02

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2024Mar 2025Mar 2026
Sales170151166
Expenses90
Operating Profit76
OPM %46
Other Income2
Interest0.363
Depreciation3.545.3713
Profit before tax796662
Tax %25
Net Profit594947
EPS in Rs4.28
Dividend Payout %0

Filed only on the standalone basis, so shown from it: Depreciation, Interest, Net Profit, Profit before tax, Sales.

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
18%
5 years
13%
3 years
4%
TTM
10%

Compounded profit growth

10 years
26%
5 years
9%
3 years
-7%
TTM
-4%

Stock price CAGR

10 years
47%
5 years
38%
3 years
40%
1 year
-7%

Return on equity

10 years
32%
5 years
29%
3 years
23%
Last year
17%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital77777777771111
Reserves-8-31511356396142194237277
Borrowings634168510330162
Other Liabilities9898814141817172254
Total Liabilities15152120336488122166221301503
Fixed Assets109111115171919333841289
CWIP0000102132191184121
Investments000000000000
Other Assets55111017476790113927693
Total Assets15152120336488122166221301503

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity343611114039649149
Cash from Investing Activity-0-1-3-1-6-3-2-30-20-55-112-172
Cash from Financing Activity-3-3-0-452-5-14-13-926115
Net Cash Flow-1-0010-03-4605-9
Free Cash Flow2305-5-372616-10-25-124

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2824712652875980445876134
Inventory Days781941442552013375263
Days Payable9472408414513199218625
Cash Conversion Cycle282471-8445241119189114-7-67-228
Working Capital Days-76-70-42-43-5842801559150468
ROCE %1218155424584676761452718

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 31 Aug 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Aug 2026
Promoters717171717171717171717159
FIIs0.861.051.441.491.421.912.512.951.961.801.764.93
DIIs0.040.821.181.171.171.171.171.171.171.171.1714
Public282727262726252526262622
No. of Shareholders28,65529,57630,28031,27130,93430,67328,94528,31927,32526,88627,01026,899

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -13.5% (₹420.45 → ₹363.50)Brick size ₹19.18 (fixed)Bricks 33
₹300₹400₹364Nov '25Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹363.50 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Gujarat Themis Biosyn Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Fermentation media (dextrose / nutrients)
  • Solvents

Sells to

  • Lupin · anti-TB APIs (Rifampicin / Rifapentine) by fermentation
  • Optimus Pharma · anti-TB APIs (Rifampicin) by fermentation

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Healthcare
Industry
Pharmaceuticals
Classification
Healthcare › Pharmaceuticals
ISIN
INE942C01045

Plants

  • Vapi fermentation API facility

News impact

Big market events that reach Gujarat Themis Biosyn Limited, and how the effect spreads.

Who it hits first

  • Commerce Minister Piyush Goyal says the India-US trade deal is done and dusted, with only execution and final competitive-advantage details left.
  • Lower US duties would directly cut costs for Indian exporters of clothes, bedsheets, generic drugs and software services.
  • The five map seeds (Coal India, Oil India, GAIL, ABB India and Dabur) are domestic businesses with no US sales channel, so the deal barely touches them.
  • Textiles exporters such as Welspun Living and Jindal Worldwide, which sell 41% and 90% of revenue abroad, stand first in line for new orders.

Who may gain

  • US-facing textiles makers (bedsheets, garments, fabrics) through lower American tariffs.
  • Generic-drug and drug-ingredient exporters through smoother US market access.
  • Software and IT hardware firms through friendlier US tech ties and sentiment.
  • Cotton, yarn and fabric suppliers at home as exporter order books refill.
  • Domestic giants like Coal India, GAIL, Oil India, ABB India and Dabur see no direct gain.

Along the supply chain

Downstream

US retail chains, apparel brands, hospitals and technology buyers receive cheaper Indian goods and services, while Indian exporters expand shipping, warehousing and compliance work.

Upstream

Cotton growers, spinners, weavers and dyeing units, plus drug-ingredient and packaging suppliers, get second-order demand as exporters such as Welspun Living and Jindal Worldwide run fuller order books.

Where demand moves

Business

American retailers and importers place bigger clothing and home-textile orders as duties fall; US drug distributors pull more Indian generics; US firms keep outsourcing software and hardware work — business demand moves from US buyers to Indian exporters.

Capital

Investors rotate toward export-led textiles, pharma and IT shares on better earnings hopes, funding capacity additions; domestic defensives see no such inflow.

How it spreads across sectors

Capital Goods

Neutral — factory equipment demand follows domestic capex, not export duties.

Fast Moving Consumer Goods

Neutral — household brands live on Indian demand, not US trade.

Healthcare

Mildly positive — smoother US access helps drug exporters; hospitals and domestic diagnostics feel nothing.

Information Technology

Mildly positive on sentiment and services continuity; hardware makers gain if tech trade eases.

Oil, Gas & Consumable Fuels

Neutral — refiners and gas utilities sell at home and face no tariff channel.

Textiles

Positive first-order lift — lower US tariffs directly raise exporter volumes and margins.

When it plays out

Immediate

Export shares gap up on headlines; textiles names with confirmed US exposure lead while domestic seeds drift flat.

Medium term

Real order flows and margins decide — exporters with strong balance sheets convert the deal into earnings; pledged or leveraged names lag.

Who it hits first

  • Launch-heavy drug makers (Sun, Cipla) gain months of extra sales per approval.
  • API suppliers and CDMOs see more client molecules to make.
  • Hospitals unaffected — approvals do not fill beds.

Who may gain

  • Sun Pharma most in absolute terms; quality API makers (Gujarat Themis) on volumes.

Along the supply chain

Downstream

Distributors and pharmacies stock more new products; hospitals mostly unaffected.

Upstream

API and intermediate makers gain volumes as more launches need ingredients.

Where demand moves

Business

Approval queues shorten; API/CDMO order books lengthen; patients access drugs sooner.

Capital

Money rotates into launch-heavy pharma and quality API names; avoids weak-balance-sheet theme traps.

How it spreads across sectors

Healthcare

Pharma and CDMO positive with a lag; hospitals neutral; weak names are value traps.

When it plays out

Immediate

Pharma stocks firm 1-3% on sentiment; weak names jump most (sell the jump).

Medium term

Actual approval acceleration over 1-3 years compounds launch-heavy winners.

Short term

Draft details and implementation dates decide how much is real vs hope.

Who it hits first

  • Piramal Pharma faces CDMO order pauses, deeper client audits and remediation costs at Morpeth.
  • Seven observations exceed its own 4-observation precedents, signaling a tougher inspection outcome.
  • Small pharma peers derate on sentiment as investors re-check Indian plant quality systems.

Who may gain

  • Large quality leaders (Sun, Divi) may pick up marginal CDMO inquiries — too small to trade.

Along the supply chain

Downstream

US clients of Morpeth qualify backup suppliers slowly; no drug shortages indicated.

Upstream

No direct supply-chain link — this is a plant-quality event, not a supply disruption; API suppliers to Morpeth see minor order delays.

Where demand moves

Business

CDMO clients slow new Piramal orders and audit harder; no demand transfers at scale to peers.

Capital

Money trims small-pharma exposure on regulatory headlines; rotates to large quality pharma and hospitals-on-facts.

How it spreads across sectors

Healthcare

CDMO/API sentiment hit; hospitals untouched operationally; large pharma flat per precedent.

When it plays out

Immediate

Piramal stock down 2-5% on the headline; small peers dip 1-3% on sentiment.

Medium term

Clean re-inspection closes the episode; warning letter or import alert would extend damage to quarters.

Short term

Company corrective-action response and FDA classification (VAI vs OAI) decide whether this fades or escalates.

Who it hits first

  • Granules faces 2-4% technical pressure from Rs 1,500 cr of new free float
  • Quality buyers (Goldman, BNP) validate the business and likely mark a near-term floor
  • Pharma peers see no fundamental change — ranked names are sentiment-only

Who may gain

  • Goldman Sachs, BNP Paribas and other block buyers who accumulated at a discount
  • Granules' public float and liquidity improve post-deal

Along the supply chain

Downstream

Formulation customers and distributors are unaffected; pricing and contracts continue as before.

Upstream

No supply-chain link — API suppliers and job-workers see no order change from a share sale.

Where demand moves

Business

No business demand shifts — this is a pure ownership transfer; Granules' API and formulations orders are untouched.

Capital

Promoter supply meets institutional demand at a small discount; some weak holders exit on the news while quality funds accumulate — net neutral to mildly positive for the register.

How it spreads across sectors

Healthcare

neutral — single-stock block with quality buyers; no sector read-through

When it plays out

Immediate

Granules dips 2-4% on supply overhang; peers flat

Medium term

Non-event for earnings — price rejoins fundamentals within a quarter

Short term

Block gets absorbed in 1-2 weeks; quality-holder register supports stability

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

23 Sep 2026unspecified₹0.67
4 Sep 2025unspecified₹0.67

Splits, bonuses & buybacks

  • daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026
  • bse-history fill: 2259 BSE bars before cutoff, code 506879, seam residual 1.00031× · 25 Feb 2025
  • bse-history step 2/3: pre-listing action read from BSE's ruling (d1 0.000)0.6666666666666666× · 9 Aug 2024
  • bse-history step 1/5: pre-listing action read from BSE's gap-open isin INE942C01029→INE942C01045@+0 (d1 0.027, vol x3.95)0.2× · 10 Oct 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
23 Sep 2026L7 HITECH PRIVATE LIMITEDSELL6,53,056₹410.72
23 Sep 2026L7 HITECH PRIVATE LIMITEDBUY100₹413.37
24 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY5,90,941₹367.22
24 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL5,90,941₹367.48

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.