Piramal Pharma Limited (PPL) stands as a prominent player in the pharmaceutical industry, offering a wide array of products and services globally. With 17 advanced development and manufacturing facilities and a robust distribution network spanning over 100 countries, PPL is committed to delivering innovative solutions. Its divisions include Piramal Pharma Solutions (PPS), catering as an integrated Contract Development and Manufacturing Organization, Piramal Critical Care (PCC) specializing in Complex Hospital Generics, and the India Consumer Healthcare segment offering over-the-counter products. Additionally, PPL boasts strategic partnerships, including AbbVie Therapeutics India Private Limited, a joint venture with AbbVie Inc., excelling in ophthalmology therapy. The company’s progressive journey includes a 20% strategic growth investment from the Carlyle Group in October 2020, further solidifying its position as a leader in the global pharmaceutical landscape. As part of the esteemed Piramal Group, PPL contributes to the conglomerate’s diverse interests across various sectors, including pharma, financial services, and real estate, leveraging its global presence and a diverse workforce of over 10,000 professionals from 21 different nationalities spread across more than 30 countries.
Latest News on Piramal Pharma
Piramal Pharma Ltd continues to strengthen its global presence and expand its offerings in the pharmaceutical space. The company operates through three major business divisions: Piramal Pharma Solutions (PPS), Piramal Critical Care (PCC), and India Consumer Healthcare. Piramal Pharma Solutions (PPS) provides integrated development and manufacturing services to both innovators and generic companies worldwide, operating across North America, Europe, and Asia. The company’s PCC division focuses on complex hospital generics, including inhalation anesthetics and injectable therapies, with a strong presence in the global hospital sector.
Piramal Pharma’s India Consumer Healthcare division addresses the growing demand for over-the-counter healthcare products, enhancing its footprint within the Indian market. The company boasts a global network, operating through 17 development and manufacturing facilities with a distribution reach in over 100 countries. Their commitment to innovation, healthcare solutions, and maintaining a strong international presence highlights their mission to positively impact the healthcare industry.
Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
Promoters + | 34.78% | 35.02% | 35.02% | 35.02% | 34.94% |
FIIs + | 35.01% | 32.37% | 32.51% | 30.58% | 31.41% |
DIIs + | 5.48% | 8.01% | 9.68% | 12.12% | 12.95% |
Public + | 24.32% | 24.21% | 22.41% | 21.89% | 20.20% |
Others + | 0.39% | 0.38% | 0.38% | 0.37% | 0.47% |
No. of Shareholders | 2,77,270 | 3,00,606 | 2,92,312 | 2,97,996 | 3,06,398 |
The shareholding patterns of Piramal Pharma Limited reflect a dynamic structure over recent quarters. As of June 2023, promoters held 34.78% of the company’s shares, with a slight increase to 35.02% by September and a gradual decline to 34.94% by June 2024. Foreign Institutional Investors (FIIs) exhibited a decreasing trend, dropping from 35.01% in June 2023 to 31.41% by June 2024. Conversely, Domestic Institutional Investors (DIIs) showed a significant upward trajectory, increasing their stake from 5.48% in June 2023 to 12.95% in June 2024, indicating growing institutional confidence in Piramal Pharma. The public shareholding also saw a decline from 24.32% to 20.20% during the same period, while the “Others” category slightly increased. The total number of shareholders rose from 277,270 in June 2023 to 306,398 in June 2024, reflecting increased retail participation. This shift in shareholding patterns illustrates a nuanced investor sentiment towards Piramal Pharma, with rising DII involvement potentially stabilizing the company’s ownership structure.
Below are the trading platforms that you can use to purchase Piramal Pharma shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
October 2024 | 238.85 | 207.70 |
November 2024 | 248.41 | 216.01 |
December 2024 | 250.89 | 218.17 |
In October 2024, the maximum price is projected to reach ₹238.85, while the minimum could dip to ₹207.70. As we approach November 2024, the maximum price may rise slightly to ₹248.41, with the minimum at ₹216.01. By December 2024, the price is anticipated to stabilize, with the maximum at ₹250.89 and the minimum at ₹218.17.
When | Maximum Price | Minimum Price |
January 2025 | 253.40 | 194.92 |
February 2025 | 255.96 | 196.89 |
March 2025 | 261.34 | 201.03 |
April 2025 | 258.75 | 199.04 |
May 2025 | 251.21 | 193.24 |
June 2025 | 262.52 | 201.94 |
July 2025 | 257.37 | 197.98 |
August 2025 | 265.33 | 204.10 |
September 2025 | 268.51 | 206.55 |
October 2025 | 275.49 | 211.92 |
November 2025 | 282.38 | 217.22 |
December 2025 | 295.09 | 226.99 |
When | Maximum Price | Minimum Price |
January 2026 | 303.94 | 233.80 |
February 2026 | 296.34 | 227.96 |
March 2026 | 302.27 | 232.52 |
April 2026 | 308.44 | 237.26 |
May 2026 | 305.38 | 234.91 |
June 2026 | 313.02 | 240.78 |
July 2026 | 306.88 | 236.06 |
August 2026 | 316.37 | 243.36 |
September 2026 | 322.70 | 248.23 |
October 2026 | 331.09 | 254.69 |
November 2026 | 339.37 | 261.05 |
December 2026 | 347.85 | 267.58 |
When | Maximum Price | Minimum Price |
January 2027 | 351.33 | 270.25 |
February 2027 | 360.34 | 277.18 |
March 2027 | 374.39 | 287.99 |
April 2027 | 367.05 | 282.35 |
May 2027 | 356.36 | 274.12 |
June 2027 | 372.40 | 286.46 |
July 2027 | 365.09 | 280.84 |
August 2027 | 376.39 | 289.53 |
September 2027 | 389.56 | 299.66 |
October 2027 | 399.69 | 307.45 |
November 2027 | 409.68 | 315.14 |
December 2027 | 419.92 | 323.02 |
When | Maximum Price | Minimum Price |
January 2028 | 428.32 | 329.48 |
February 2028 | 439.30 | 337.93 |
March 2028 | 456.44 | 351.11 |
April 2028 | 447.49 | 344.22 |
May 2028 | 434.45 | 334.19 |
June 2028 | 454.00 | 349.23 |
July 2028 | 445.10 | 342.39 |
August 2028 | 458.87 | 352.98 |
September 2028 | 474.93 | 365.33 |
October 2028 | 487.28 | 374.83 |
November 2028 | 499.46 | 384.20 |
December 2028 | 511.94 | 393.80 |
When | Maximum Price | Minimum Price |
January 2029 | 522.18 | 401.68 |
February 2029 | 535.57 | 411.98 |
March 2029 | 556.46 | 428.05 |
April 2029 | 545.55 | 419.65 |
May 2029 | 529.66 | 407.43 |
June 2029 | 553.49 | 425.76 |
July 2029 | 542.64 | 417.42 |
August 2029 | 559.42 | 430.33 |
September 2029 | 579.00 | 445.39 |
October 2029 | 594.06 | 456.97 |
November 2029 | 608.91 | 468.39 |
December 2029 | 624.13 | 480.10 |
When | Maximum Price | Minimum Price |
January 2030 | 636.61 | 489.70 |
February 2030 | 652.94 | 502.26 |
March 2030 | 678.40 | 521.85 |
April 2030 | 665.10 | 511.62 |
May 2030 | 645.73 | 496.71 |
June 2030 | 674.79 | 519.07 |
July 2030 | 661.56 | 508.89 |
August 2030 | 682.02 | 524.63 |
September 2030 | 705.89 | 542.99 |
October 2030 | 724.24 | 557.11 |
November 2030 | 742.35 | 571.04 |
December 2030 | 760.90 | 585.31 |
In January 2030, the expected maximum price is projected to reach ₹636.61, with a minimum of ₹489.70. By February, the price is anticipated to increase slightly, with a projected maximum of ₹652.94 and a minimum of ₹502.26. As the months progress, the price is expected to rise steadily, reaching a maximum of ₹705.89 and a minimum of ₹542.99 by September. By December 2030, Piramal Pharma is projected to reach its annual peak with a maximum price of ₹760.90 and a minimum of ₹585.31, highlighting a strong upward trend for the company as the year closes.
Financial Condition of Piramal Pharma
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 6,315 | 6,559 | 7,082 | 8,171 | 8,373 |
Expenses + | 4,887 | 5,609 | 6,453 | 6,974 | 7,105 |
Operating Profit | 1,428 | 950 | 629 | 1,197 | 1,268 |
OPM % | 23% | 14% | 9% | 15% | 15% |
Other Income + | 230 | 319 | 272 | 172 | 161 |
Interest | 163 | 198 | 344 | 448 | 437 |
Depreciation | 545 | 586 | 677 | 741 | 752 |
Profit before tax | 949 | 485 | -120 | 179 | 241 |
Tax % | 12% | 22% | 55% | 90% | |
Net Profit + | 835 | 376 | -186 | 18 | 28 |
EPS in Rs | -1.41 | 0.13 | 0.22 | ||
Dividend Payout % | 0% | 18% | 0% | 82% |
Piramal Pharma Ltd’s financial performance over the last few years reflects both challenges and resilience. From March 2021 to March 2024, the company’s sales grew steadily from ₹6,315 crore in 2021 to ₹8,373 crore in the TTM (Trailing Twelve Months). However, operating profit showed a fluctuating trend, starting at ₹1,428 crore in 2021, declining to ₹629 crore in 2023, and rebounding to ₹1,268 crore in 2024. This resulted in an improvement in the operating profit margin (OPM), which rose from 9% in March 2023 to 15% in the TTM.
Piramal Pharma Ltd faced higher expenses, increasing from ₹4,887 crore in 2021 to ₹7,105 crore in the TTM, which weighed on profitability. Additionally, interest costs rose sharply, peaking at ₹448 crore in 2023 before slightly decreasing to ₹437 crore in the TTM, reflecting the company’s debt management challenges.
The net profit trend is particularly notable, with a sharp decline from ₹835 crore in 2021 to a loss of ₹186 crore in 2023, but recovering to a marginal profit of ₹28 crore in the TTM. EPS (Earnings Per Share) showed improvement from a loss of ₹1.41 in March 2023 to a slight gain of ₹0.22 in the TTM.
Overall, while Piramal Pharma Ltd has seen growing sales and a return to profitability, the volatility in profit margins and high-interest costs highlight the need for continued financial discipline and strategic focus.
FAQS
As of October 18th, 2024, the share price of Piramal Pharma is around INR ₹225.
Based on various market analyses and expert opinions, the expected share price target of Piramal Pharma by 2024 is around INR 250.89.
It is unlikely for the share price of Piramal Pharma to reach INR 500 by 2025. Such a target would require a massive and unrealistic growth rate.
As per our analysis, Piramal Pharma in 2025 is expected to trade between ₹193.24 to ₹295.09.
As per our analysis, Piramal Pharma share price target for 2030 would be somewhere between ₹489.70 and ₹760.90.
You can invest in Piramal Pharma shares through a stockbroker, either online or offline. You will need to open a Demat account and trading account to buy and sell shares. We recommend Groww and Paytm Money.
What are the growth prospects of Piramal Pharma?
Piramal Pharma has a strong market position, a strong business strategy, and a diverse product portfolio, which can help the company sustain its growth in the future.
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Conclusion
What did we learn?
- 1 Latest News on Piramal Pharma
- 2 Shareholdings Patterns of Piramal Pharma
- 3 How to Purchase Piramal Pharma Shares in India?
- 4 Piramal Pharma Share Price Target 2024, 2025 to 2030
- 4.1 Piramal Pharma Share Price Target 2024
- 4.2 Piramal Pharma Share Price Prediction 2025
- 4.3 Piramal Pharma Share Price Target 2026
- 4.4 Piramal Pharma Share Price Target 2027
- 4.5 Piramal Pharma Share Price Prediction 2028
- 4.6 Piramal Pharma Share Price Target 2029
- 4.7 Piramal Pharma Share Price Prediction 2030
- 5 Financial Condition of Piramal Pharma
- 6 FAQS
- 6.1 What is the current share price of Piramal Pharma?
- 6.2 What is the expected share price target of Piramal Pharma by 2024?
- 6.3 Can Piramal Pharma share price reach INR 500 by 2025?
- 6.4 What is Piramal Pharma share price target for 2025?
- 6.5 What is Piramal Pharma share price target for 2030?
- 6.6 How can I invest in Piramal Pharma shares?
- 6.7 What are the growth prospects of Piramal Pharma?
- 7 Conclusion