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AUROPHARMA - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 3.9

Stock Code AUROPHARMA Market Cap 80,702 Cr. Current Price 1,390 ₹ High / Low 1,460 ₹
Stock P/E 37.6 Book Value 369 ₹ Dividend Yield 0.29 % ROCE 10.8 %
ROE 8.65 % Face Value 1.00 ₹ DMA 50 1,314 ₹ DMA 200 1,219 ₹
Chg in FII Hold 1.29 % Chg in DII Hold -1.84 % PAT Qtr 595 Cr. PAT Prev Qtr 581 Cr.
RSI 58.2 MACD 33.5 Volume 6,22,464 Avg Vol 1Wk 10,70,783
Low price 1,016 ₹ High price 1,460 ₹ PEG Ratio 8.82 Debt to equity 0.21
52w Index 84.2 % Qtr Profit Var 26.0 % EPS 36.7 ₹ Industry PE 30.1

📊 Financials: AUROPHARMA shows decent fundamentals with ROCE at 10.8% and ROE at 8.65%. EPS stands at ₹36.7, supported by quarterly PAT growth of 26% (₹595 Cr. vs ₹581 Cr.). Debt-to-equity ratio of 0.21 indicates manageable leverage. However, return metrics are modest compared to industry leaders, and cash flow strength needs monitoring.

💹 Valuation: The stock trades at a P/E of 37.6, above the industry average of 30.1, suggesting moderate overvaluation. The PEG ratio of 8.82 highlights weak growth relative to valuation. Book value is ₹369, giving a P/B ratio of ~3.8, which is reasonable but not cheap. Current price of ₹1,390 is near its 52-week high of ₹1,460, limiting upside.

🏢 Business Model & Competitive Advantage: AUROPHARMA operates in the pharma sector with strong demand drivers. Its competitive advantage lies in scale, diversified product portfolio, and consistent profitability. However, modest ROE/ROCE and stretched valuations reduce its relative strength against peers.

🎯 Entry Zone: A more attractive entry zone lies near ₹1,310–₹1,340 (close to 50 DMA support). Current price is slightly above comfort levels, suggesting caution for fresh entry.

📈 Long-Term Holding Guidance: Suitable for long-term investors with partial allocation. Holding is justified if earnings growth sustains and valuations normalize. Profit booking near resistance (~₹1,440–₹1,460) is advisable.

Positive

  • Quarterly PAT growth of 26% (₹595 Cr.)
  • EPS at ₹36.7 supports earnings visibility
  • Debt-to-equity ratio at 0.21 indicates manageable leverage
  • Strong institutional support with FII holdings up (+1.29%)

Limitation

  • P/E of 37.6 vs industry average of 30.1 indicates overvaluation
  • PEG ratio of 8.82 highlights weak growth-to-valuation balance
  • ROCE (10.8%) and ROE (8.65%) are modest
  • DII holdings declined (-1.84%), showing reduced domestic support

Company Negative News

  • Valuations remain stretched compared to industry peers
  • Trading volume below weekly average, limiting momentum strength

Company Positive News

  • Quarterly profit growth boosts investor sentiment
  • FII holdings increased (+1.29%), showing foreign investor confidence

Industry

  • Pharma sector trades at industry P/E of 30.1, below AUROPHARMA’s 37.6
  • Sector outlook remains positive with long-term demand drivers

Conclusion

⚖️ AUROPHARMA is a moderately strong candidate with improving profits and decent fundamentals, but valuations are stretched. Entry is advisable near ₹1,310–₹1,340. Long-term holding requires monitoring earnings growth and valuation normalization; partial exposure with profit booking near ₹1,440–₹1,460 is recommended.

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