Stocktoria

Torrent Pharmaceuticals Limited TORNTPHARM.NS

IN · National Stock Exchange of India · XNSE · stock · Healthcare · website

Torrent Pharmaceuticals Limited statistics & valuation

Market cap₹1.87T
P / E86.2×
P / S13.6×
P / B22.2×
P / FCF79.5×
Dividend yield0.69%
Net margin15.7%
Return on equity25.8%
FCF margin17.1%
Net debt₹139.1B
Enterprise value USD$20.9B
Earnings yield EBIT/EV1.7%
Return on capital9.6%
Graham number -88.6%₹563.18

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹563.18); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
13.20% 15.70% 16.90% 15.70% 2023202420252026
Gross margin (%)
70.10% 73.60% 74.50% 74.40% 2023202420252026
Operating margin (%)
22.60% 24.40% 25.90% 25.00% 2023202420252026
Return on equity (%)
20.10% 24.20% 25.20% 25.80% 2023202420252026
Shares outstanding
380.4M 380.4M 380.4M 380.4M 2023202420252026
Net debt (₹)
₹48.60B ₹31.87B ₹26.29B ₹139.08B 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
8.30% 11.00% 12.80% 4.90% 2023202420252026
Free cash flow margin (%)
19.00% 26.80% 17.40% 17.10% 2023202420252026
Debt / equity (×)
0.87× 0.59× 0.42× 1.79× 2023202420252026
EPS (₹)
₹36.79 ₹48.94 ₹56.47 ₹63.92 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Torrent Pharmaceuticals Limited trades at about 77× earnings — above its 10-year norm (10-year range 44.9×–65.5×, median 58.8×).

44.9× 77×

Shaded band = 10-year range (44.9×–65.5×); dot = today's 77×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin74.4%74.5%73.6%70.1%
Operating margin25.0%25.9%24.4%22.6%
Net margin15.7%16.9%15.7%13.2%
FCF margin17.1%17.4%26.8%19.0%
Return on assets4.9%12.8%11.0%8.3%
Return on equity25.8%25.2%24.2%20.1%
Debt / equity1.39×0.16×0.23×0.40×
Current ratio1.131.191.030.98

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.