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ERIS - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.9

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 2.9

Stock Code ERIS Market Cap 19,214 Cr. Current Price 1,385 ₹ High / Low 1,910 ₹
Stock P/E 68.2 Book Value 203 ₹ Dividend Yield 0.53 % ROCE 6.86 %
ROE 3.02 % Face Value 1.00 ₹ DMA 50 1,498 ₹ DMA 200 1,540 ₹
Chg in FII Hold -0.36 % Chg in DII Hold 0.95 % PAT Qtr 150 Cr. PAT Prev Qtr 100.0 Cr.
RSI 37.5 MACD -49.2 Volume 14,653 Avg Vol 1Wk 74,281
Low price 1,097 ₹ High price 1,910 ₹ PEG Ratio -1.57 Debt to equity 0.79
52w Index 35.4 % Qtr Profit Var 432 % EPS 20.7 ₹ Industry PE 29.0

📊 Core Financials

  • Revenue growth: Strong quarterly PAT improvement (150 Cr vs 100 Cr), but sustainability remains uncertain.
  • Profit margins: EPS at 20.7 ₹, yet ROE at 3.02 % and ROCE at 6.86 % highlight weak efficiency.
  • Debt ratios: Debt-to-equity at 0.79, relatively high compared to peers, adds financial risk.
  • Cash flows: Profitability supports cash generation, but leverage may constrain flexibility.
  • Return metrics: Low ROE and ROCE indicate poor capital utilization.

💹 Valuation Indicators

  • P/E ratio: 68.2, far above industry average (29.0), suggests overvaluation.
  • P/B ratio: Current Price / Book Value ≈ 6.8, expensive relative to assets.
  • PEG ratio: -1.57, not meaningful due to distorted growth expectations.
  • Intrinsic value: Valuation stretched, not justified by fundamentals.

🏢 Business Model & Competitive Advantage

  • Operates in pharmaceutical sector with focus on branded generics and specialty therapies.
  • Strong presence in chronic therapies like diabetes and cardiovascular drugs.
  • Competitive advantage through niche focus, but debt levels and weak return ratios limit strength.

📈 Entry Zone & Long-Term Guidance

  • Entry zone: Attractive only near 1,100–1,200 ₹ levels, closer to 52-week low support.
  • Long-term holding: Cautious; suitable for investors seeking pharma exposure but valuation is premium and returns are weak.

Positive

  • Quarterly PAT surged 432 % YoY.
  • EPS at 20.7 ₹ reflects profitability.
  • DII holdings increased (+0.95 %).

Limitation

  • ROE (3.02 %) and ROCE (6.86 %) are weak.
  • P/E ratio (68.2) far above industry average (29.0).
  • Debt-to-equity ratio at 0.79 is relatively high.

Company Negative News

  • FII holdings decreased (-0.36 %).
  • Technical indicators weak: RSI at 37.5, MACD negative.
  • Stock trading below DMA 50 and DMA 200, showing weak momentum.

Company Positive News

  • Quarterly PAT improved significantly (150 Cr vs 100 Cr).
  • Strong presence in chronic therapy segments ensures demand stability.

Industry

  • Pharmaceutical industry resilient, driven by healthcare demand and exports.
  • Industry PE at 29.0, highlighting ERIS’s premium valuation.

Conclusion

  • ERIS shows profitability growth but weak efficiency metrics and high debt.
  • Valuation is stretched compared to industry peers, limiting upside potential.
  • Entry advisable only near lower support levels; long-term holding requires caution unless return ratios improve and debt reduces.

Would you like me to extend this into a peer comparison HTML snapshot against companies like Torrent Pharma, Alkem Labs, and Glenmark to highlight ERIS’s relative valuation and strengths?

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