Sanofi India Ltd
NSE: SANOFI BSE: 500674Pharma
Sanofi India Limited is amongst the leading multinational companies in the Indian Pharmaceutical Market. It offers a wide array of medicines for therapy areas such as Diabetes, Cardiology, Thrombosis, Central Nervous System and Anti-histamines.[1]
₹3,197
52W: ₹3151 — ₹6410
PE 22.4 · Book ₹326 · +881% vs bookMarket Cap₹7,362 Cr
Stock P/E22.4Price to Earnings
ROCE57.5%Return on Capital
ROE43%Return on Equity
Div. Yield2.34%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Company has a good return on equity (ROE) track record: 3 Years ROE 47.8%
- +Company has been maintaining a healthy dividend payout of 71.8%
Weaknesses
- −Stock is trading at 9.76 times its book value
- −The company has delivered a poor sales growth of -8.74% over past five years.
Shareholding Pattern
Promoters60.4%
FIIs5.65%
DIIs21.12%
Public12.84%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% |
| FIIs | 5.81% | 5.78%▼0.0 | 5.64%▼0.1 | 5.58%▼0.1 | 5.61%▲0.0 | 5.57%▼0.0 | 5.55%▼0.0 | 5.65%▲0.1 |
| DIIs | 22.6% | 22.62%▲0.0 | 22.94%▲0.3 | 23.02%▲0.1 | 23.06%▲0.0 | 22.28%▼0.8 | 21.3%▼1.0 | 21.12%▼0.2 |
| Public | 11.21% | 11.2%▼0.0 | 11.04%▼0.2 | 11.01%▼0.0 | 10.94%▼0.1 | 11.75%▲0.8 | 12.75%▲1.0 | 12.84%▲0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 469 | 511 | 464 | 524 | 515 | 536 | 406 | 475 | 420 | 472 |
| Expenses | 370 | 374 | 348 | 404 | 397 | 364 | 311 | 341 | 330 | 330 |
| Operating Profit | 100 | 137 | 116 | 120 | 118 | 172 | 95 | 134 | 90 | 143 |
| OPM % | 21% | 27% | 25% | 23% | 23% | 32% | 23% | 28% | 22% | 30% |
| Net Profit | 138 | 137 | 103 | 82 | 91 | 120 | 70 | 76 | 62 | 103 |
| EPS ₹ | 59.87 | 59.39 | 44.96 | 35.74 | 39.7 | 51.96 | 30.22 | 33.04 | 26.83 | 44.61 |
AI Insights
Revenue Trend
TTM revenue at ₹1,774Cr, down 3.4% YoY. OPM at 26%.
Debt Position
Borrowings at ₹18Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.
Capex Cycle
CWIP at ₹12Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 21.12% (+1.47pp change). FIIs: 5.65% (-1.07pp change). Promoters hold 60.4%.
Margin & Efficiency
ROCE improving from 22% (Dec 2014) to 58% (Dec 2025). Working capital days: 7.
Valuation
PE 22.4x with 57.5% ROCE. Price is 881% above book value of ₹326. Dividend yield: 2.34%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Apr - Rahul Bhatnagar appointed Chairman of Sanofi India Board effective 30 April 2026; Aditya Narayan steps down.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 29 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Apr
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Apr - Copies of the Newspaper Publication of Financial Results for quarter ended 31st March 2026, as published in Business Standard (English) and Sakal (Marathi) today i.e. …
- Announcement under Regulation 30 (LODR)-Change in Directorate 28 Apr - Sanofi India approved Q4 FY26 results; Rahul Bhatnagar appointed Board Chairman from 30 April 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse