Eris Lifesciences logo

Eris Lifesciences share price

NSE: ERISBSE: 540596Pharmaceuticals & BiotechnologySmall Cap

Eris Lifesciences Limited · Face value ₹1 · Listed Jun 2017 · Issue price ₹603
Last close ₹1,156.40down ₹7.20 (0.62%)BSE ₹1,159.60

Share price at the NSE close on 30 Oct 2026. Previous close ₹1,163.60.

30 Oct: open ₹1,163.00, high ₹1,174.70, low ₹1,148.00

52-week range of traded prices to 30 Oct 2026
₹1,069.00Low, 26 Oct 2026₹1,740.00High, 9 Dec 2025
Market cap
₹16,044 Cr353rd largest listed
P/E
22.67
P/B
3.87
Dividend yield
0.62%
ROE
19.6%
ROCE
13.4%
Debt to equity
0.58
Volume, NSE
31,213

Eris Lifesciences share price chart

Daily closes since Jun 2017, adjusted for splits and bonuses

−28.6%over a year

Results20-session average 1,38,872 shares a day, 50.8% delivered

About Eris Lifesciences

Eris Lifesciences makes and markets branded prescription medicines in India, centred on specialty therapies such as diabetes, heart disease and dermatology.12 In India its brands are prescribed by specialist doctors such as diabetologists, cardiologists and dermatologists, and it sells through wholesale distributors, stockists, retail pharmacies and e-commerce channels.34 Through its subsidiary Swiss Parenterals it also makes sterile injectables for markets outside India and for contract manufacturing partners.56

Eris ranks among the top 20 companies in the Indian pharmaceutical market.2 Its brands include the diabetes medicines Glimisave, Cyblex and Tendia, the insulins Xsulin, Xglar, Basalog and Insugen, the semaglutide injection Sundae and the heart medicine Eritel.789 It runs 6 manufacturing units in India: 1 of Eris Therapeutics and 2 of Swiss Parenterals in Ahmedabad, and 1 each in Guwahati and in Raisen, Madhya Pradesh.510 Another, in Chennai, belongs to Levim Lifetech, a joint venture in which Eris holds 30%.1112

It was incorporated in 2007, has its registered office in Ahmedabad and is listed on the National Stock Exchange of India and BSE.1 It entered dermatology by acquiring Oaknet Healthcare in 2022, bought Biocon Biologics' Indian branded formulations business, including insulin, oncology and critical care products, effective 1 Apr 2024, and took over the Bhopal plant now called Eris BioNxt in Oct 2024.131415

Its promoters held 54.74% of the shares on 30 Sep 2026, and Amit Bakshi, on the board since inception, is chairman and managing director.1617

Eris Lifesciences key points

Results

  • In the quarter to Sep 2026, consolidated revenue rose 12.6% to ₹892 crore and EBITDA (earnings before interest, tax, depreciation and amortisation) rose 7.3% to ₹309 crore, a 34.7% margin.18
  • Consolidated profit after tax for the quarter to Sep 2026 rose 39.2% to ₹187 crore; adjusted profit after tax, as the company presents it, rose 17.5% to ₹158 crore.19
  • In the year to Mar 2026, consolidated revenue rose 8% to ₹3,129 crore and EBITDA 10% to ₹1,120 crore, a margin of 35.8% against 35.2% a year earlier.20
  • Consolidated profit after tax for the year to Mar 2026 was ₹648 crore, including a one-off ₹150 crore deferred tax gain; profit after tax from operations rose 34% to ₹498 crore.21

Market position

  • In diabetes care, Eris ranks 5th by revenue and 6th by prescriptions as of Mar 2026, in a market it values at about ₹19,000 crore.22
  • By Mar 2026, Eris held 25% of the regular human insulin (RHI) cartridge market and 16% of the combined RHI and glargine (a long-acting insulin) market.23
  • In the first quarter after semaglutide lost patent exclusivity in March 2026, Eris ranked 1st by sales volume and 2nd by sales value in the GLP-1 (a class of diabetes drugs) injectable segment.24
  • In dermatology, Eris ranks 5th by revenue, with a market share of about 5%, and 3rd by prescriptions among dermatologists.25

Business segments

  • Domestic branded formulations. Domestic branded formulations (branded medicines sold in India) revenue rose 14.1% to ₹809 crore in the quarter to Sep 2026 at a 35.7% EBITDA margin, and 11% to ₹2,778 crore in the year to Mar 2026.2627
  • International business (Swiss Parenterals). Swiss Parenterals revenue rose 7% to ₹348 crore in the year to Mar 2026, and its segment EBITDA was ₹110 crore, a 32% margin.28
  • Eris has licensed its injectables and part of its acute (short-course) portfolio to Zorvia Healthcare, keeping brand ownership and earning a 7% royalty.29
  • Share of revenue by therapy area303132
    Itemyear to Mar 2026
    Diabetes care33%
    Cardiac care16%
    Dermatology13%

Plants and capacity

  • The Bhopal plant, Eris BioNxt, has capacity for 25 million insulin vials and 30 million cartridges a year, with 108 million and 45 million to be added in the quarter to Dec 2026; its latest presentation says both are in production.3334
  • Ahmedabad campus installed capacity, million units a year on a single shift35
    Itemyear to Mar 2026
    Tablets1,080
    Capsules120
    Ointment25
    Injectables18
    Oral liquids9

Research and development

  • Eris has approval to run phase 1 and phase 3 trials of a recombinant semaglutide, with both the drug substance (the active ingredient) and the finished product from its own R&D and manufacturing.36
  • Through Levim Lifetech, Eris is developing biologics (medicines made from living cells) including teriparatide, romiplostim, degludec, a degludec-liraglutide combination and recombinant semaglutide.37

Expansion and capital spending

  • The company stated in its annual report for the year to Mar 2026 that capital spending of about ₹297 crore that year is part of a ₹750 to 800 crore investment plan over the years to Mar 2026 to Mar 2028.38
  • In the year to Mar 2026 Eris brought forward about ₹400 crore of investment, including over ₹150 crore for the Bhopal plant, ₹135 crore for a third injectables unit and ₹100 crore for Levim.3940
  • The company stated in its annual report for the year to Mar 2026 that Unit-3, an injectables plant at Swiss Parenterals, is targeted to start commercial production in the year to Mar 2028.41

What the company expects

  • In its presentation of 26 Oct 2026, the company said it expects about 100 basis points (hundredths of a percentage point) of domestic branded formulations gross margin (revenue less cost of goods) gain each from the Zorvia licensing and the Bhopal plant.42
  • The company stated in its annual report for the year to Mar 2026 that it aims for a ₹1,000 crore international business by the year to Mar 2030.43
  • The company stated in its annual report for the year to Mar 2026 that its medium-term objective is a 25% share of the RHI and glargine insulin market.44

Recent events

  • On 20 Apr 2026, Eris said HALMED, Croatia's medicines agency, found procedural non-compliances at 2 Swiss Parenterals units, delaying its EU contract manufacturing pipeline with minimal impact on existing business. On 26 Oct 2026 it said corrective actions were on track, with no opportunities cancelled.454647
  • On 31 Mar 2026, Eris completed its ₹50 crore purchase of the branded probiotics business of Velbiom Probiotics.4849
  • Approved by a board committee on 16 Jan 2026, Eris's purchase of the remaining 30% of Swiss Parenterals from Naishadh Shah, for 23,06,372 new shares valued at ₹423.33 crore, made it wholly owned in January 2026.5051

Last updated

All 51 sources, each with its page
  1. 1. Annual report, 2 Sep 2026, page 223
  2. 2. Annual report, 2 Sep 2026, page 18
  3. 3. Annual report, 2 Sep 2026, page 66
  4. 4. Annual report, 2 Sep 2026, page 143
  5. 5. Annual report, 2 Sep 2026, page 18
  6. 6. Annual report, 2 Sep 2026, page 21
  7. 7. Annual report, 2 Sep 2026, page 37
  8. 8. Annual report, 2 Sep 2026, page 36
  9. 9. Annual report, 2 Sep 2026, page 38
  10. 10. Annual report, 2 Sep 2026, page 20
  11. 11. Annual report, 2 Sep 2026, page 20
  12. 12. Annual report, 2 Sep 2026, page 310
  13. 13. Annual report, 2 Sep 2026, page 39
  14. 14. Annual report, 2 Sep 2026, page 256
  15. 15. Annual report, 2 Sep 2026, page 9
  16. 16. Investor presentation, 26 Oct 2026, page 15
  17. 17. Annual report, 2 Sep 2026, page 69
  18. 18. Investor presentation, 26 Oct 2026, page 13
  19. 19. Investor presentation, 26 Oct 2026, page 13
  20. 20. Annual report, 2 Sep 2026, page 16
  21. 21. Annual report, 2 Sep 2026, page 16
  22. 22. Annual report, 2 Sep 2026, page 36
  23. 23. Annual report, 2 Sep 2026, page 12
  24. 24. Annual report, 2 Sep 2026, page 12
  25. 25. Annual report, 2 Sep 2026, page 39
  26. 26. Investor presentation, 26 Oct 2026, page 9
  27. 27. Annual report, 2 Sep 2026, page 16
  28. 28. Annual report, 2 Sep 2026, page 16
  29. 29. Investor presentation, 26 Oct 2026, page 5
  30. 30. Annual report, 2 Sep 2026, page 36
  31. 31. Annual report, 2 Sep 2026, page 38
  32. 32. Annual report, 2 Sep 2026, page 39
  33. 33. Annual report, 2 Sep 2026, page 9
  34. 34. Investor presentation, 26 Oct 2026, page 6
  35. 35. Annual report, 2 Sep 2026, page 21
  36. 36. Investor presentation, 26 Oct 2026, page 8
  37. 37. Annual report, 2 Sep 2026, page 14
  38. 38. Annual report, 2 Sep 2026, page 16
  39. 39. Annual report, 2 Sep 2026, page 14
  40. 40. Annual report, 2 Sep 2026, page 22
  41. 41. Annual report, 2 Sep 2026, page 49
  42. 42. Investor presentation, 26 Oct 2026, page 6
  43. 43. Annual report, 2 Sep 2026, page 49
  44. 44. Annual report, 2 Sep 2026, page 12
  45. 45. Exchange filing, 20 Apr 2026, page 1
  46. 46. Exchange filing, 20 Apr 2026, page 2
  47. 47. Investor presentation, 26 Oct 2026, page 11
  48. 48. Exchange filing, 31 Mar 2026, page 1
  49. 49. Annual report, 2 Sep 2026, page 257
  50. 50. Annual report, 2 Sep 2026, page 257
  51. 51. Annual report, 2 Sep 2026, page 21

Results

Consolidated; ₹ crore.Eris Lifesciences quarterly results

Revenue growth, 12 months
+11.1%
Net profit growth, 12 months
+70.2%

Quarter to Sep 2026, against the quarter before

Revenue
₹892 Crup 2.19%
Net profit
₹187 Crup 30.57%
Net margin
21.0%

Revenue by quarter

₹727 CrDec 24₹705 CrMar 25₹773 CrJun 25₹792 CrSep 25₹807 CrDec 25₹757 CrMar 26₹873 CrJun 26₹892 CrSep 26
Peak revenue ₹892 Cr, quarter to Sep 2026; lowest ₹705 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹87 CrDec 24₹102 CrMar 25₹125 CrJun 25₹134 CrSep 25₹109 CrDec 25₹279 CrMar 26₹143 CrJun 26₹187 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue727705773792807757873892
Net profit87102125134109279143187
Net margin12.0%14.5%16.2%17.0%13.5%36.9%16.4%21.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Pharmaceuticals, which carries all its revenue.

Valuation

Today, against the company's own history.Eris Lifesciences PE ratio and valuation

Price to earnings

At or below today's level on 21% of 2,082 trading days since Jun 2018.

LowestHighest
Its median28.29Industry median27.77
Price to book

At or below today's level on 1% of 1,979 trading days since Nov 2018.

LowestHighest
Its median5.45Industry median2.88
Dividend yield

At or below today's level on 66% of 2,296 trading days since Jul 2017.

LowestHighest
Its median0.43%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−7.9%+75.4%−47.8%0.6%
3 years+31.7%+17.3%+12.0%0.4%
5 years+17.1%+11.6%+4.4%0.6%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Eris Lifesciences shareholding pattern

Shareholding by group

  • Promoters54.74%
  • Foreign institutions5.74%
  • Indian institutions20.20%
  • Individuals and others19.32%
Holder
Amit Indubhusan BakshiPromoter42.96%
Lilac Investments LimitedForeign companies8.62%
Inderjeet Singh NegiPromoter4.28%
Rajendrakumar Rambhai PatelPromoter4.28%
Kaushal Kamleshkumar ShahPromoter3.22%
Hetal Rasiklal ShahResident individuals, over ₹2 lakh at face value2.12%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 21.25% of their shares. Since Jun 2026: promoters +0.60 pts, foreign institutions −0.01 pts, Indian institutions −0.52 pts, mutual funds −0.90 pts.

The filing reports 23,06,372 of its 13,87,38,569 shares locked in.

Mutual fund holdings

60 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 11 of the 17 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 60 funds holding Eris Lifesciences

Bought for the first time
1
Added
5
Cut
12
Held unchanged
41
Sold out
34
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Eris Lifesciences insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 13 pledge filings of unclear kind
  • Others: no market trade · 2 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Eris Lifesciences competitors and peers

Pharmaceuticals, 215 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Eris Lifesciences in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Caplin Point Laboratories logoCaplin Point LaboratoriesCAPLIPOINT17,67726.574.93+15.0%+17.7%20.7%19.8%0.34%
Alivus Life Sciences logoAlivus Life SciencesALIVUS17,37625.944.79+8.2%+26.3%20.2%23.1%0.35%
Cohance Lifesciences logoCohance LifesciencesCOHANCE16,999160.024.35+41.2%−58.5%3.8%3.0%0.00%
Pfizer logoPfizerPFIZER16,87122.954.01+10.7%−9.1%17.5%21.0%2.03%
AstraZeneca Pharma India logoAstraZeneca Pharma IndiaASTRAZEN15,91193.8118.23+31.1%−7.5%20.6%24.4%0.57%
Alembic Pharmaceuticals logoAlembic PharmaceuticalsAPLLTD15,68322.692.76+14.1%+14.6%12.7%11.8%1.50%
Natco Pharma logoNatco PharmaNATCOPHARM15,34813.41–−20.7%−32.6%13.6%8.6%0.58%
Jubilant Pharmova logoJubilant PharmovaJUBLPHARMA14,71441.792.07+16.3%−23.5%5.3%7.3%0.54%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Eris Lifesciences dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 18Mar 192.9Mar 205.5Mar 216.0Mar 227.4Mar 23Mar 247.4Mar 257.2Mar 26
Highest ₹7.35 a share, years to Mar 2023 and Mar 2025.
Ex-dateTypePer share
29 May 2026Interim₹7.21
13 Feb 2025Interim₹7.35
11 Aug 2022Interim₹7.35
5 Aug 2021Interim₹6.01
13 Aug 2020Interim₹5.50
19 Mar 2020Interim₹2.87
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Eris Lifesciences announcements

Eris Lifesciences share price by year

Each calendar year to 2025.Eris Lifesciences share price history

YearClose at year endChangeHighest closeLowest close
20251,505.60+9.6%1,847.701,153.10
20241,373.70+51.0%1,522.70831.30
2023910.00+40.6%946.45567.95
2022647.25−14.8%764.35621.70
2021760.05+31.1%836.45569.05
2020579.95+22.4%595.15362.15
2019474.00−31.0%707.50370.20
2018687.15−13.5%826.10589.35
2017794.35–802.40528.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 29 Jun 2017.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 20261,170.201,183.501,155.501,163.601,171.8129,73845.0%
28 Oct 20261,215.001,215.501,163.201,175.401,179.5864,18443.8%
27 Oct 20261,134.901,215.001,120.401,198.401,182.447,42,04438.8%
26 Oct 20261,084.001,138.001,069.001,105.201,109.284,37,28228.8%
23 Oct 20261,126.601,126.601,087.901,095.501,102.6737,94348.8%
22 Oct 20261,128.001,145.101,111.601,121.201,126.2629,71731.7%
21 Oct 20261,120.401,149.901,112.901,136.301,133.7184,96047.4%
19 Oct 20261,144.401,148.001,111.101,120.401,129.8428,79144.1%
16 Oct 20261,144.001,155.901,130.601,144.401,145.5980,70581.2%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
AMIT INDUBHUSHAN BAKSHI
At the end of the quarter to Sep 2026
NSE symbol
ERIS
BSE code
540596
ISIN
INE406M01024
Industry
Pharmaceuticals & Biotechnology
CIN
L24232GJ2007PLC049867
Corporate identity number, the registrar of companies' code for it
Incorporated
2007
Registered office
8th floor, Commerce House IV, Beside Shall Petrol Pump, 100 Feet Road, Prahladnagar, Ahmedabad 380015, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments