Windlas Biotech Ltd.
•₹ 993.60.55%
2026-08-21
PROS
- Company has delivered good profit growth of 67.7% CAGR over last 5 years
- Company is almost debt free
- Company has delivered good sales growth of 16.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.52x)
- Company comfortably covers its interest (19.0x coverage)
- Company has a consistent dividend-paying track record
CONS
- Receivables are growing faster than sales - a possible quality concern
- Growth is decelerating - 3Y profit CAGR (15.9%) trails the 5Y trend (67.7%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SUNPHARMA | 1898.00 | 37.65 | 455393.78 | 0.84 | 2901.23 | 26.53 | 15299.88 | 10.98 | 19.11 | 28.81 |
| 2. | DIVISLAB | 8525.00 | 77.37 | 226311.96 | 0.35 | 902.00 | 65.50 | 3080.00 | 27.80 | 21.51 | 40.75 |
| 3. | TORNTPHARM | 5013.00 | 87.43 | 190678.41 | 0.76 | 566.00 | 3.28 | 4921.00 | 57.32 | 19.27 | 33.81 |
| 4. | CIPLA | 1416.00 | 33.94 | 114392.01 | 0.92 | 785.55 | -39.18 | 7119.28 | 4.13 | 16.00 | 16.73 |
| 5. | ZYDUSLIFE | 1105.00 | 24.42 | 110224.17 | 0.09 | 990.20 | -34.90 | 8017.00 | 23.97 | 21.39 | 24.54 |
| 6. | LUPIN | 2220.00 | 18.36 | 101506.15 | 0.81 | 1416.98 | 16.01 | 8276.89 | 34.28 | 28.86 | 29.59 |
| 7. | MANKIND | 2391.00 | 48.34 | 98747.34 | 0.04 | 574.09 | 29.12 | 4030.59 | 12.89 | 13.24 | 26.30 |
| 8. | DRREDDY | 1171.00 | 30.33 | 97740.54 | 0.68 | 435.60 | -69.10 | 8099.80 | -5.21 | 13.75 | 10.63 |
| 9. | LAURUSLABS | 1807.00 | 89.30 | 97634.42 | 0.11 | 362.07 | 123.94 | 2026.31 | 29.10 | 18.20 | 31.50 |
| 10. | AUROPHARMA | 1615.15 | 25.03 | 92932.16 | 0.25 | 1032.03 | 25.22 | 9150.35 | 17.44 | 12.76 | 20.54 |
| 11. | BIOCON | 414.30 | 136.32 | 67518.23 | 0.12 | 136.80 | 53.36 | 4336.00 | 10.89 | 3.26 | 19.54 |
| 12. | WINDLAS | 965.60 | 29.98 | 1992.63 | 0.65 | 15.99 | -1.79 | 238.50 | 17.66 | 16.06 | 10.60 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 145 | 153 | 162 | 171 | 175 | 187 | 195 | 203 | 210 | 222 | 233 | 238 | 248 | |
| 128 | 134 | 142 | 149 | 154 | 164 | 170 | 177 | 184 | 194 | 209 | 213 | 230 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 5 | 4 | 5 | 4 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 3 | 3 | 3 | 4 | 6 | 6 | 7 | 8 | 7 | 8 | 8 | 8 | 7 |
| 16 | 18 | 20 | 23 | 18 | 20 | 20 | 21 | 23 | 24 | 20 | 20 | 23 | |
| Tax % | 26.19% | 23.38% | 23.78% | 24.87% | 26.38% | 22.82% | 23.74% | 21.80% | 24.03% | 24.54% | 24.95% | 20.59% | 23.03% |
| Net Profit | 12 | 14 | 15 | 17 | 13 | 16 | 15 | 16 | 18 | 18 | 15 | 16 | 18 |
| 6 | 7 | 7 | 8 | 6 | 7 | 7 | 8 | 8 | 8 | 7 | 8 | 1 | |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 10 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 10 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 145
- 128
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 3
- 16
- Tax %
- 26.19%
- Net Profit
- 12
- 6
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 153
- 134
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 3
- 18
- Tax %
- 23.38%
- Net Profit
- 14
- 7
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 162
- 142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 3
- 20
- Tax %
- 23.78%
- Net Profit
- 15
- 7
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 171
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 4
- 23
- Tax %
- 24.87%
- Net Profit
- 17
- 8
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 175
- 154
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 6
- 18
- Tax %
- 26.38%
- Net Profit
- 13
- 6
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 187
- 164
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 6
- 20
- Tax %
- 22.82%
- Net Profit
- 16
- 7
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 195
- 170
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 7
- 20
- Tax %
- 23.74%
- Net Profit
- 15
- 7
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 203
- 177
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 8
- 21
- Tax %
- 21.80%
- Net Profit
- 16
- 8
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 210
- 184
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 7
- 23
- Tax %
- 24.03%
- Net Profit
- 18
- 8
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 222
- 194
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 8
- 24
- Tax %
- 24.54%
- Net Profit
- 18
- 8
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 233
- 209
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 8
- 20
- Tax %
- 24.95%
- Net Profit
- 15
- 7
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 238
- 213
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 8
- 20
- Tax %
- 20.59%
- Net Profit
- 16
- 8
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 248
- 230
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 7
- 23
- Tax %
- 23.03%
- Net Profit
- 18
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 315 | 320 | 288 | 329 | 428 | 466 | 513 | 631 | 760 | 904 | 942 | |
| 290 | 282 | 244 | 287 | 373 | 413 | 453 | 553 | 666 | 799 | 846 | |
| Operating Profit | 29 | 41 | 47 | 44 | 58 | 60 | 70 | 92 | 112 | 122 | — |
| OPM % | 9 | 13 | 16 | 13 | 14 | 13 | 14 | 15 | 15 | 14 | — |
| Other Income | 4 | 3 | 2 | 2 | 3 | 7 | 10 | 13 | 18 | 18 | 18 |
| Interest | 5 | 5 | 4 | 3 | 1 | 1 | 1 | 1 | 4 | 5 | 5 |
| Depreciation | 9 | 11 | 8 | 9 | 13 | 12 | 12 | 13 | 28 | 31 | 31 |
| 14 | 25 | 35 | 32 | 11 | 46 | 57 | 77 | 79 | 87 | 87 | |
| Tax % | 35 | 33 | 36 | 26 | 55 | 16 | 25 | 25 | 24 | 24 | 23 |
| Net Profit | 9 | 17 | 22 | 24 | 5 | 39 | 43 | 58 | 61 | 66 | 66 |
| EPS | 16 | 29 | 37 | 13 | 3 | 19 | 20 | 28 | 29 | 31 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 20 | 20 | 20 | 20 | 20 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 11 | 12 | 13 | 3 | 18 | 20 | 28 | 29 | 31 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 6 | 11 | 12 | 13 | 3 | 18 | 20 | 28 | 29 | 31 | — |
Mar 2017
- 315
- 290
- Operating Profit
- 29
- OPM %
- 9
- Other Income
- 4
- Interest
- 5
- Depreciation
- 9
- 14
- Tax %
- 35
- Net Profit
- 9
- EPS
- 16
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2018
- 320
- 282
- Operating Profit
- 41
- OPM %
- 13
- Other Income
- 3
- Interest
- 5
- Depreciation
- 11
- 25
- Tax %
- 33
- Net Profit
- 17
- EPS
- 29
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2019
- 288
- 244
- Operating Profit
- 47
- OPM %
- 16
- Other Income
- 2
- Interest
- 4
- Depreciation
- 8
- 35
- Tax %
- 36
- Net Profit
- 22
- EPS
- 37
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2020
- 329
- 287
- Operating Profit
- 44
- OPM %
- 13
- Other Income
- 2
- Interest
- 3
- Depreciation
- 9
- 32
- Tax %
- 26
- Net Profit
- 24
- EPS
- 13
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2021
- 428
- 373
- Operating Profit
- 58
- OPM %
- 14
- Other Income
- 3
- Interest
- 1
- Depreciation
- 13
- 11
- Tax %
- 55
- Net Profit
- 5
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 466
- 413
- Operating Profit
- 60
- OPM %
- 13
- Other Income
- 7
- Interest
- 1
- Depreciation
- 12
- 46
- Tax %
- 16
- Net Profit
- 39
- EPS
- 19
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2023
- 513
- 453
- Operating Profit
- 70
- OPM %
- 14
- Other Income
- 10
- Interest
- 1
- Depreciation
- 12
- 57
- Tax %
- 25
- Net Profit
- 43
- EPS
- 20
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2024
- 631
- 553
- Operating Profit
- 92
- OPM %
- 15
- Other Income
- 13
- Interest
- 1
- Depreciation
- 13
- 77
- Tax %
- 25
- Net Profit
- 58
- EPS
- 28
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2025
- 760
- 666
- Operating Profit
- 112
- OPM %
- 15
- Other Income
- 18
- Interest
- 4
- Depreciation
- 28
- 79
- Tax %
- 24
- Net Profit
- 61
- EPS
- 29
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
Mar 2026
- 904
- 799
- Operating Profit
- 122
- OPM %
- 14
- Other Income
- 18
- Interest
- 5
- Depreciation
- 31
- 87
- Tax %
- 24
- Net Profit
- 66
- EPS
- 31
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
TTM
- 942
- 846
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5
- Depreciation
- 31
- 87
- Tax %
- 23
- Net Profit
- 66
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 13%
- 5 Years:
- 16%
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 31%
- 5 Years:
- 68%
- 3 Years:
- 16%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 22%
- 3 Years:
- 37%
- 1 Year:
- -3%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 13%
- 3 Years:
- 13%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 6 | 6 | 6 | 6 | 6 | 11 | 10 | 10 | 10 | 11 | |
| 141 | 158 | 188 | 214 | 193 | 382 | 389 | 435 | 490 | 551 | |
| 33 | 28 | 24 | 26 | 30 | 6 | 0 | 0 | 27 | 30 | |
| Trade Payables | 77 | 75 | 58 | 83 | 40 | 63 | 87 | 131 | 178 | 238 |
| 46 | 30 | 19 | 19 | 27 | 27 | 39 | 49 | 55 | 77 | |
| Total Liabilities | 303 | 297 | 295 | 349 | 296 | 489 | 527 | 626 | 760 | 907 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 56 | 58 | 62 | 70 | 96 | 91 | 109 | 179 | 223 | 213 | |
| Capital Work in Progress | 15 | 11 | 5 | 0 | 0 | 8 | 14 | 6 | 3 | 56 |
| 121 | 123 | 121 | 127 | 23 | 65 | 107 | 173 | 223 | 268 | |
| 40 | 27 | 19 | 49 | 41 | 59 | 75 | 62 | 81 | 62 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136 | 167 | 227 | |
| Cash & Bank | 2 | 6 | 13 | 18 | 31 | 114 | 25 | 31 | 16 | 2 |
| 69 | 73 | 75 | 84 | 104 | 153 | 197 | 38 | 46 | 78 | |
| Total Assets | 303 | 297 | 295 | 349 | 296 | 489 | 527 | 626 | 760 | 907 |
| Total Debt | 60 | 40 | 30 | 27 | 31 | 6 | 0 | 0 | 27 | 30 |
| Net Working Capital | -0 | -2 | 20 | 43 | 101 | 288 | 233 | 260 | 276 | 306 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 262.85 | 293.10 | 302.63 | 343.70 | 310.39 | 180.47 | 191.08 | 214.16 | 238.81 | 265.88 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Total Debt | 60 | 40 | 30 | 27 | 31 | 6 | 0 | 0 | 27 | 30 |
| Net Working Capital | -0 | -2 | 20 | 43 | 101 | 288 | 233 | 260 | 276 | 306 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 262.85 | 293.10 | 302.63 | 343.70 | 310.39 | 180.47 | 191.08 | 214.16 | 238.81 | 265.88 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Mar 2017
- 6
- 141
- 33
- Trade Payables
- 77
- 46
- Total Liabilities
- 303
- 56
- Capital Work in Progress
- 15
- 121
- 40
- 0
- Cash & Bank
- 2
- 69
- Total Assets
- 303
- Total Debt
- 60
- Net Working Capital
- -0
- Contingent Liabilities
- 0
- Book Value per Share
- 262.85
- Face Value
- 10.00
- Total Debt
- 60
- Net Working Capital
- -0
- Contingent Liabilities
- 0
- Book Value per Share
- 262.85
- Face Value
- 10.00
Mar 2018
- 6
- 158
- 28
- Trade Payables
- 75
- 30
- Total Liabilities
- 297
- 58
- Capital Work in Progress
- 11
- 123
- 27
- 0
- Cash & Bank
- 6
- 73
- Total Assets
- 297
- Total Debt
- 40
- Net Working Capital
- -2
- Contingent Liabilities
- 0
- Book Value per Share
- 293.10
- Face Value
- 10.00
- Total Debt
- 40
- Net Working Capital
- -2
- Contingent Liabilities
- 0
- Book Value per Share
- 293.10
- Face Value
- 10.00
Mar 2019
- 6
- 188
- 24
- Trade Payables
- 58
- 19
- Total Liabilities
- 295
- 62
- Capital Work in Progress
- 5
- 121
- 19
- 0
- Cash & Bank
- 13
- 75
- Total Assets
- 295
- Total Debt
- 30
- Net Working Capital
- 20
- Contingent Liabilities
- 0
- Book Value per Share
- 302.63
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- 20
- Contingent Liabilities
- 0
- Book Value per Share
- 302.63
- Face Value
- 10.00
Mar 2020
- 6
- 214
- 26
- Trade Payables
- 83
- 19
- Total Liabilities
- 349
- 70
- Capital Work in Progress
- 0
- 127
- 49
- 0
- Cash & Bank
- 18
- 84
- Total Assets
- 349
- Total Debt
- 27
- Net Working Capital
- 43
- Contingent Liabilities
- 0
- Book Value per Share
- 343.70
- Face Value
- 10.00
- Total Debt
- 27
- Net Working Capital
- 43
- Contingent Liabilities
- 0
- Book Value per Share
- 343.70
- Face Value
- 10.00
Mar 2021
- 6
- 193
- 30
- Trade Payables
- 40
- 27
- Total Liabilities
- 296
- 96
- Capital Work in Progress
- 0
- 23
- 41
- 0
- Cash & Bank
- 31
- 104
- Total Assets
- 296
- Total Debt
- 31
- Net Working Capital
- 101
- Contingent Liabilities
- 0
- Book Value per Share
- 310.39
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- 101
- Contingent Liabilities
- 0
- Book Value per Share
- 310.39
- Face Value
- 10.00
Mar 2022
- 11
- 382
- 6
- Trade Payables
- 63
- 27
- Total Liabilities
- 489
- 91
- Capital Work in Progress
- 8
- 65
- 59
- 0
- Cash & Bank
- 114
- 153
- Total Assets
- 489
- Total Debt
- 6
- Net Working Capital
- 288
- Contingent Liabilities
- 0
- Book Value per Share
- 180.47
- Face Value
- 5.00
- Total Debt
- 6
- Net Working Capital
- 288
- Contingent Liabilities
- 0
- Book Value per Share
- 180.47
- Face Value
- 5.00
Mar 2023
- 10
- 389
- 0
- Trade Payables
- 87
- 39
- Total Liabilities
- 527
- 109
- Capital Work in Progress
- 14
- 107
- 75
- 0
- Cash & Bank
- 25
- 197
- Total Assets
- 527
- Total Debt
- 0
- Net Working Capital
- 233
- Contingent Liabilities
- 0
- Book Value per Share
- 191.08
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 233
- Contingent Liabilities
- 0
- Book Value per Share
- 191.08
- Face Value
- 5.00
Mar 2024
- 10
- 435
- 0
- Trade Payables
- 131
- 49
- Total Liabilities
- 626
- 179
- Capital Work in Progress
- 6
- 173
- 62
- 136
- Cash & Bank
- 31
- 38
- Total Assets
- 626
- Total Debt
- 0
- Net Working Capital
- 260
- Contingent Liabilities
- 0
- Book Value per Share
- 214.16
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 260
- Contingent Liabilities
- 0
- Book Value per Share
- 214.16
- Face Value
- 5.00
Mar 2025
- 10
- 490
- 27
- Trade Payables
- 178
- 55
- Total Liabilities
- 760
- 223
- Capital Work in Progress
- 3
- 223
- 81
- 167
- Cash & Bank
- 16
- 46
- Total Assets
- 760
- Total Debt
- 27
- Net Working Capital
- 276
- Contingent Liabilities
- 0
- Book Value per Share
- 238.81
- Face Value
- 5.00
- Total Debt
- 27
- Net Working Capital
- 276
- Contingent Liabilities
- 0
- Book Value per Share
- 238.81
- Face Value
- 5.00
Mar 2026
- 11
- 551
- 30
- Trade Payables
- 238
- 77
- Total Liabilities
- 907
- 213
- Capital Work in Progress
- 56
- 268
- 62
- 227
- Cash & Bank
- 2
- 78
- Total Assets
- 907
- Total Debt
- 30
- Net Working Capital
- 306
- Contingent Liabilities
- 0
- Book Value per Share
- 265.88
- Face Value
- 5.00
- Total Debt
- 30
- Net Working Capital
- 306
- Contingent Liabilities
- 0
- Book Value per Share
- 265.88
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 39 | 22 | 25 | 11 | 9 | 61 | 109 | 68 | 105 | |
| Cash from Investing | -39 | -11 | -7 | -14 | -20 | -154 | -14 | -92 | -74 | -92 |
| Cash from Financing | 5 | -25 | -8 | -5 | 1 | 130 | -44 | -15 | 1 | -13 |
| -27 | 4 | 7 | 5 | -8 | -15 | 3 | 2 | -5 | 0 | |
| Free Cash Flow | -8 | 30 | 16 | 25 | -93 | 9 | 24 | 37 | -0 | 31 |
| OCF / Net Profit | 0.76 | 2.31 | 0.98 | 1.05 | 2.29 | 0.23 | 1.43 | 1.87 | 1.13 | 1.58 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -30 | -13 | -19 | 1 | -24 | 101 |
| OCF / Net Profit | 0.76 | 2.31 | 0.98 | 1.05 | 2.29 | 0.23 | 1.43 | 1.87 | 1.13 | 1.58 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -30 | -13 | -19 | 1 | -24 | 101 |
Mar 2017
- 7
- Cash from Investing
- -39
- Cash from Financing
- 5
- -27
- Free Cash Flow
- -8
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.76
- Cumulative 5-Year FCF
- 0
Mar 2018
- 39
- Cash from Investing
- -11
- Cash from Financing
- -25
- 4
- Free Cash Flow
- 30
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 0
Mar 2019
- 22
- Cash from Investing
- -7
- Cash from Financing
- -8
- 7
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
Mar 2020
- 25
- Cash from Investing
- -14
- Cash from Financing
- -5
- 5
- Free Cash Flow
- 25
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 0
Mar 2021
- 11
- Cash from Investing
- -20
- Cash from Financing
- 1
- -8
- Free Cash Flow
- -93
- OCF / Net Profit
- 2.29
- Cumulative 5-Year FCF
- -30
- OCF / Net Profit
- 2.29
- Cumulative 5-Year FCF
- -30
Mar 2022
- 9
- Cash from Investing
- -154
- Cash from Financing
- 130
- -15
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- -13
- OCF / Net Profit
- 0.23
- Cumulative 5-Year FCF
- -13
Mar 2023
- 61
- Cash from Investing
- -14
- Cash from Financing
- -44
- 3
- Free Cash Flow
- 24
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- -19
- OCF / Net Profit
- 1.43
- Cumulative 5-Year FCF
- -19
Mar 2024
- 109
- Cash from Investing
- -92
- Cash from Financing
- -15
- 2
- Free Cash Flow
- 37
- OCF / Net Profit
- 1.87
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- 1.87
- Cumulative 5-Year FCF
- 1
Mar 2025
- 68
- Cash from Investing
- -74
- Cash from Financing
- 1
- -5
- Free Cash Flow
- -0
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- -24
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- -24
Mar 2026
- 105
- Cash from Investing
- -92
- Cash from Financing
- -13
- 0
- Free Cash Flow
- 31
- OCF / Net Profit
- 1.58
- Cumulative 5-Year FCF
- 101
- OCF / Net Profit
- 1.58
- Cumulative 5-Year FCF
- 101
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 16.40 | 30.25 | 35.05 | 36.93 | 7.81 | 17.69 | 20.38 | 27.96 | 28.94 | 31.48 |
| Book Value (₹) | 262.85 | 293.10 | 302.63 | 343.70 | 310.39 | 180.47 | 191.08 | 214.16 | 238.81 | 265.88 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.50 | 4.00 | 5.50 | 5.80 | 6.30 |
| Cash EPS (₹) | 11.74 | 17.78 | 16.78 | 18.11 | 9.87 | 23.27 | 26.29 | 34.42 | 42.29 | 46.04 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 9.04% | 12.85% | 16.16% | 13.37% | 13.51% | 12.79% | 13.68% | 12.38% | 12.39% | 11.58% |
| Net Margin % | 2.90% | 5.27% | 7.80% | 7.20% | 1.17% | 8.28% | 8.31% | 9.22% | 7.98% | 7.35% |
| ROE % | 6.44% | 10.88% | 12.56% | 11.43% | 2.39% | 13.02% | 10.75% | 13.76% | 12.82% | 12.51% |
| ROCE % | 9.55% | 14.37% | 17.90% | 14.70% | 5.22% | 15.03% | 14.38% | 18.31% | 17.04% | 16.05% |
| 3.14% | 5.63% | 7.59% | 7.36% | 1.55% | 9.82% | 8.39% | 10.09% | 8.75% | 7.97% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 67 | 68 | 77 | 70 | 61 | 74 | 81 | 73 | 73 | 80 |
| Inventory Days | 39 | 38 | 29 | 38 | 39 | 39 | 47 | 40 | 34 | 29 |
| Payable Days | 119 | 124 | 134 | 122 | 86 | 65 | 92 | 107 | 124 | 140 |
| -13 | -17 | -28 | -14 | 14 | 49 | 37 | 6 | -17 | -32 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.40x | 0.24x | 0.15x | 0.12x | 0.16x | 0.02x | 0.00x | 0.00x | 0.05x | 0.05x |
| Interest Coverage (x) | 3.83x | 6.30x | 10.59x | 13.72x | 9.67x | 33.49x | 73.59x | 70.83x | 19.12x | 19.02x |
| 1.00x | 0.98x | 1.21x | 1.34x | 2.08x | 4.07x | 2.92x | 2.52x | 2.11x | 1.95x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 15.22% | 1.63% | -10.03% | 14.10% | 30.03% | 8.96% | 10.12% | 22.97% | 20.43% | 18.98% |
| Operating Profit Growth % | 32.59% | 44.26% | 13.08% | -5.65% | 31.47% | 3.14% | 17.80% | 30.43% | 22.05% | 9.61% |
| Net Profit Growth % | 101.55% | 84.42% | 32.94% | 5.37% | -78.84% | 669.68% | 10.59% | 36.35% | 4.31% | 9.54% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.19% | 3.50% | 8.78% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.33x | 35.98x | 23.43x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.39x | 4.36x | 2.77x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.07% | 0.56% | 0.85% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.30x | 19.63x | 12.94x |
Mar 2017
- EPS (₹)
- 16.40
- Book Value (₹)
- 262.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.74
- Operating Margin %
- 9.04%
- Net Margin %
- 2.90%
- ROE %
- 6.44%
- ROCE %
- 9.55%
- 3.14%
- Debtor Days
- 67
- Inventory Days
- 39
- Payable Days
- 119
- -13
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 3.83x
- 1.00x
- Revenue Growth %
- 15.22%
- Operating Profit Growth %
- 32.59%
- Net Profit Growth %
- 101.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 30.25
- Book Value (₹)
- 293.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.78
- Operating Margin %
- 12.85%
- Net Margin %
- 5.27%
- ROE %
- 10.88%
- ROCE %
- 14.37%
- 5.63%
- Debtor Days
- 68
- Inventory Days
- 38
- Payable Days
- 124
- -17
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 6.30x
- 0.98x
- Revenue Growth %
- 1.63%
- Operating Profit Growth %
- 44.26%
- Net Profit Growth %
- 84.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 35.05
- Book Value (₹)
- 302.63
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 16.78
- Operating Margin %
- 16.16%
- Net Margin %
- 7.80%
- ROE %
- 12.56%
- ROCE %
- 17.90%
- 7.59%
- Debtor Days
- 77
- Inventory Days
- 29
- Payable Days
- 134
- -28
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 10.59x
- 1.21x
- Revenue Growth %
- -10.03%
- Operating Profit Growth %
- 13.08%
- Net Profit Growth %
- 32.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 36.93
- Book Value (₹)
- 343.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 18.11
- Operating Margin %
- 13.37%
- Net Margin %
- 7.20%
- ROE %
- 11.43%
- ROCE %
- 14.70%
- 7.36%
- Debtor Days
- 70
- Inventory Days
- 38
- Payable Days
- 122
- -14
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 13.72x
- 1.34x
- Revenue Growth %
- 14.10%
- Operating Profit Growth %
- -5.65%
- Net Profit Growth %
- 5.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 7.81
- Book Value (₹)
- 310.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.87
- Operating Margin %
- 13.51%
- Net Margin %
- 1.17%
- ROE %
- 2.39%
- ROCE %
- 5.22%
- 1.55%
- Debtor Days
- 61
- Inventory Days
- 39
- Payable Days
- 86
- 14
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 9.67x
- 2.08x
- Revenue Growth %
- 30.03%
- Operating Profit Growth %
- 31.47%
- Net Profit Growth %
- -78.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 17.69
- Book Value (₹)
- 180.47
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 23.27
- Operating Margin %
- 12.79%
- Net Margin %
- 8.28%
- ROE %
- 13.02%
- ROCE %
- 15.03%
- 9.82%
- Debtor Days
- 74
- Inventory Days
- 39
- Payable Days
- 65
- 49
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 33.49x
- 4.07x
- Revenue Growth %
- 8.96%
- Operating Profit Growth %
- 3.14%
- Net Profit Growth %
- 669.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 20.38
- Book Value (₹)
- 191.08
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 26.29
- Operating Margin %
- 13.68%
- Net Margin %
- 8.31%
- ROE %
- 10.75%
- ROCE %
- 14.38%
- 8.39%
- Debtor Days
- 81
- Inventory Days
- 47
- Payable Days
- 92
- 37
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 73.59x
- 2.92x
- Revenue Growth %
- 10.12%
- Operating Profit Growth %
- 17.80%
- Net Profit Growth %
- 10.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 27.96
- Book Value (₹)
- 214.16
- Dividend per Share (₹)
- 5.50
- Cash EPS (₹)
- 34.42
- Operating Margin %
- 12.38%
- Net Margin %
- 9.22%
- ROE %
- 13.76%
- ROCE %
- 18.31%
- 10.09%
- Debtor Days
- 73
- Inventory Days
- 40
- Payable Days
- 107
- 6
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 70.83x
- 2.52x
- Revenue Growth %
- 22.97%
- Operating Profit Growth %
- 30.43%
- Net Profit Growth %
- 36.35%
- 37.19%
- P/E (x)
- 18.33x
- P/B (x)
- 2.39x
- Dividend Yield %
- 1.07%
- 11.30x
Mar 2025
- EPS (₹)
- 28.94
- Book Value (₹)
- 238.81
- Dividend per Share (₹)
- 5.80
- Cash EPS (₹)
- 42.29
- Operating Margin %
- 12.39%
- Net Margin %
- 7.98%
- ROE %
- 12.82%
- ROCE %
- 17.04%
- 8.75%
- Debtor Days
- 73
- Inventory Days
- 34
- Payable Days
- 124
- -17
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 19.12x
- 2.11x
- Revenue Growth %
- 20.43%
- Operating Profit Growth %
- 22.05%
- Net Profit Growth %
- 4.31%
- 3.50%
- P/E (x)
- 35.98x
- P/B (x)
- 4.36x
- Dividend Yield %
- 0.56%
- 19.63x
Mar 2026
- EPS (₹)
- 31.48
- Book Value (₹)
- 265.88
- Dividend per Share (₹)
- 6.30
- Cash EPS (₹)
- 46.04
- Operating Margin %
- 11.58%
- Net Margin %
- 7.35%
- ROE %
- 12.51%
- ROCE %
- 16.05%
- 7.97%
- Debtor Days
- 80
- Inventory Days
- 29
- Payable Days
- 140
- -32
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 19.02x
- 1.95x
- Revenue Growth %
- 18.98%
- Operating Profit Growth %
- 9.61%
- Net Profit Growth %
- 9.54%
- 8.78%
- P/E (x)
- 23.43x
- P/B (x)
- 2.77x
- Dividend Yield %
- 0.85%
- 12.94x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-14 - Windlas Biotech Limited has informed the Exchange about earnings call transcript of Q1 FY27
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-11 - Windlas Biotech Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
- Credit Rating
2026-06-29 - Windlas Biotech Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026