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← CockpitCompetitor Analysis › SMSPHARMA.NS SMS Pharmaceuticals LimitedOpen in the cockpit ↗

SMS Pharmaceuticals LimitedSMSPHARMA.NSCompetitor analysis, valuation and peers

India · INR·Pharma & Healthcare›Pharmaceuticals: Major
Momentum leader 92
Mkt cap
$495M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$3.72M
20-day average traded
Fwd P/E
44.1×
forward earnings
ROIC−WACC
-1.9 pp
WACC 14.5%
Hurdle
n/a
no reverse DCF
Close · INR₹498.55
1D-3.5%
1W-2.5%
1M+6.3%
3M+39.6%
6M+18.3%
YTD+60.6%
1Y+73.1%
ATR %5.1%
Beta1.08
52w lowhigh6.8% off high

What SMS Pharmaceuticals does

Employees: 2,088

SMS Pharmaceuticals at a glance

Size SMS Pharmaceuticals (SMSPHARMA.NS) is an India Health Care company (Pharmaceuticals: Major) with a market value of $495M, the 846th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹498.55 on 6 Nov 2026.

Performance Over six months the shares gained 18.3%, against -18.1% for the median peer and 0.0% for the India market (cap-weighted) — 4th highest of 20 in its peer set.

Growth Revenue grew 10.2% over the last twelve months (peer median -0.4%); the operating margin is 14.8% (peer median -4.1%).

Valuation It trades at 44.1× forward earnings against a peer median of 10.8× (most expensive of 5).

Capital Return on invested capital runs 1.9 points below its cost of capital (14.5% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026SMSPHARMA.NS 120Peer median 81
Six months, rebased to 100: SMS Pharmaceuticals against the median of its 20 peers (local-currency closes).

SMS Pharmaceuticals financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹8.98B₹8.83B₹7.79B₹7.06B₹5.20B
Revenue growth—+13%+10%+36%—
Gross profit₹1.75B₹1.84B₹1.53B₹1.20B₹478M
EBITDA₹1.73B₹1.68B₹1.38B₹1.15B₹535M
Net income₹1.02B₹1.02B₹691M₹498M-₹70.6M
Free cash flown/a-₹926M-₹589M-₹236M-₹282M
Capital expendituren/a₹1.31B₹1.23B₹522M₹299M
Total debtn/a₹3.65B₹3.11B₹2.81B₹2.54B

Quarterly statements and history in the cockpit →

SMS Pharmaceuticals competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-25%0%+25%688373688117000788300147RGNXGYRE003090600613TKNOINDPCTMX78710026930005183705002107SMSPHARMA.NS6-month return →1-month return →
Up and to the right = strong over both horizons. SMS Pharmaceuticals is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%20×40×6881170030901666603566SMSPHARMA.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. SMS Pharmaceuticals is the large dot.

SMS Pharmaceuticals competitors and peer comparison

How SMS Pharmaceuticals compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

SMS Pharmaceuticals against its 20 peers (data as of 6 Nov 2026)
MeasureSMSPHARMA.NSPeer medianRank in peer set
1-month return+6.3%-9.6%2nd highest of 21
6-month return+18.3%-18.1%4th highest of 20
Distance from 52-week high-6.8%-42.2%2nd highest of 21
Revenue growth (TTM)+10.2%-0.4%8th highest of 19
Operating margin14.8%-4.1%3rd highest of 19
Forward P/E44.1×10.8×most expensive of 5
ROIC minus cost of capital-1.9 pp-5.4 pp8th highest of 17
EV / EBITDA27.1×6.1×most expensive of 4
Net debt / EBITDA1.9×-1.2×2nd most indebted of 4

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
SMS Pharmaceuticals SMSPHARMA.NSIndia$495M+18%+10%15%44.1×n/an/a
Shanghai MicuRx Pharmaceutical 688373.SSChina$495M-16%+23%-61%n/an/an/a
Cheng Du Sheng Nuo Biotec 688117.SSChina$496M-44%+51%27%14.3×1.7%+14.5%
Electra Therapeutics ETRAUnited States$490Mn/an/an/an/an/an/a
PKU Healthcare 000788.SZChina$489M-11%-49%5%n/a-2.6%-5.6%
Xiangxue Pharmaceutical 300147.SZChina$502M-49%+3%-39%n/a47.1%-12.3%
REGENXBIO RGNXUnited States$503M-28%+12%-94%n/an/an/a
Gyre Therapeutics GYREUnited States$505M-36%+17%-11%n/an/an/a
Daewoong 003090.KSSouth Korea$485M-29%+5%11%4.1×n/an/a
Tong Ren Tang Technologies 1666.HKHong Kong$484M-23%-14%12%7.2×-18.6%+6.3%
Shanghai Shenqi Pharmaceutical Investment Management 600613.SSChina$483M+9%-4%3%n/a13.4%+1.4%
Alpha Teknova TKNOUnited States$482M+104%+12%-35%n/an/an/a
Indaptus Therapeutics INDPUnited States$510M+64%n/an/an/an/an/a
CytomX Therapeutics CTMXUnited States$477M-45%-87%-477%n/an/an/a
Elixiron Immunotherapeutics (Cayman) 7871.TWOTaiwan$477M+62%+10,947%-194%n/an/an/a
Zhejiang Yatai Pharmaceutical 002370.SZChina$514M-32%-4%-11%n/an/an/a
Hainan Shuangcheng Pharmaceuticals 002693.SZChina$476M-10%+40%13%n/a44.5%+1.0%
Jiangsu Sihuan Bioengineering 000518.SZChina$476M+7%-17%-28%n/an/an/a
Pulike Biological Engineering 603566.SSChina$475M-22%-9%5%21.0×5.7%+3.3%
YungShin Global 3705.TWTaiwan$474M+7%-8%15%n/a-4.9%+0.7%
Shandong Wohua Pharmaceutical 002107.SZChina$519M-18%-4%18%n/a6.7%-4.1%

Questions

Which companies are SMS Pharmaceuticals's closest peers?
The cockpit's peer set: Shanghai MicuRx Pharmaceutical (688373.SS), Cheng Du Sheng Nuo Biotec (688117.SS), Electra Therapeutics (ETRA), PKU Healthcare (000788.SZ), Xiangxue Pharmaceutical (300147.SZ), REGENXBIO (RGNX), Gyre Therapeutics (GYRE), Daewoong (003090.KS).
Is SMS Pharmaceuticals expensive compared with its peers?
On forward p/e it trades at 44.1× against a peer median of 10.8×, most expensive of 5 in its peer set.
How has SMS Pharmaceuticals stock performed?
Over six months to 6 Nov 2026 the shares returned +18.3% against -18.1% for the median peer; over one year +73.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.