Marksans Pharma logo

Marksans Pharma share price

NSE: MARKSANSBSE: 524404Pharmaceuticals & BiotechnologySmall Cap

Marksans Pharma Limited · Formerly Tasc Pharmaceuticals · Face value ₹1 · Listed Feb 1994 on BSE, Jan 2002 on NSE
Last close ₹306.20down ₹9.15 (2.90%)BSE ₹306.65

Share price at the NSE close on 30 Oct 2026. Previous close ₹315.35.

30 Oct: open ₹317.00, high ₹317.35, low ₹304.90

52-week range of traded prices to 30 Oct 2026
₹155.00Low, 30 Mar 2026₹350.95High, 24 Sep 2026
Market cap
₹13,876 Cr592nd largest listed
P/E
26.85
P/B
4.59
Dividend yield
0.29%
ROE
17.1%
ROCE
19.9%
Debt to equity
0.01
Volume, NSE
12,10,63344.3% delivered

Marksans Pharma share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+66.9%over a year · Nifty Microcap 250 +0.1% · Nifty 500 −8.2%

Results20-session average 13,95,157 shares a day, 44.5% delivered

About Marksans Pharma

Marksans Pharma Limited is a Mumbai-based drug maker that develops, manufactures and distributes over-the-counter (OTC) medicines, which are sold without a prescription, and prescription (Rx) medicines.1 Its OTC business includes store brands: medicines it makes for supermarkets, pharmacy chains and other retailers to sell under their own labels in the United States, the United Kingdom and Australia.234

It operates in over 60 countries, and its principal regions are the United States and North America, the United Kingdom and Europe, and Australia and New Zealand.15 Its subsidiaries include Time-Cap Laboratories in the United States, Bell, Sons & Co. and Relonchem in the United Kingdom, and Nova Pharmaceuticals Australasia, 60% owned, in Australia and New Zealand.6 In the UK it ranks among the top 5 Indian pharmaceutical companies by revenue, the company says.3 In Australia, Nova sells branded prescription medicines under its Nova Pharma division, whose brands include Vymaze and Rinidate.47

It was incorporated in 1992.8 It bought Nova Pharmaceuticals Australasia in 2005, Relonchem in 2008, Time-Cap Laboratories in 2015 and Access Healthcare, based in Dubai, in 2022.910 Its founder, Mark Saldanha, is Chairman and Managing Director; the promoters, including him and Sandra Saldanha, held 43.9% of the shares at the end of June 2026, and the healthcare investor OrbiMed held 8.6%.111213

Marksans Pharma key points

Results

  • In the quarter to Jun 2026, consolidated revenue from operations rose 35.6% from a year earlier to ₹840.8 crore, or 28.5% excluding ₹44 crore from the newly acquired QliniQ.1415
  • In the quarter to Jun 2026, EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹213 crore and profit after tax ₹159 crore, each the highest for any quarter; the EBITDA margin was 25.3%, against 16.1% a year earlier.16
  • In the year to Mar 2026, consolidated revenue from operations rose 12.5% to ₹2,951 crore, EBITDA was ₹601 crore, a margin of 20.4%, and profit after tax ₹420 crore; total income, including other income, passed ₹3,000 crore for the first time, at ₹3,033 crore.1718
  • In the year to Mar 2026, the company generated operating cash flow of ₹458 crore and free cash flow of ₹328 crore and had no debt; its cash passed ₹1,000 crore for the first time in June 2026, at ₹1,058 crore.1920

Revenue mix

  • Revenue by type, year to Mar 20262122
    Itemyear to Mar 2026
    OTC80.0%
    Prescription (Rx)20.0%
    OTC revenue was ₹2,361 crore.
  • Store brands made up about 85% of OTC revenue in the year to Mar 2026, on the company's approximate split.23
  • In the UK, the company's business is about 55% prescription and 45% OTC, the company said on its call of 13 Aug 2026.24

Where revenue comes from

  • Revenue by region, quarter to Jun 2026, change from a year earlier25
    Itemquarter to Jun 2026
    US and North America₹377 crore, up 15.1%
    UK and Europe₹356 crore, up 74.7%
    Australia and New Zealand₹88 crore, up 53.7%
    Rest of the world₹20 crore, down 36.8%
  • In the year to Mar 2026, US and North America revenue rose 24% to ₹1,533 crore, about 52% of the total; UK and Europe was the second-largest market at about 34%.2627
  • Australia and New Zealand revenue rose 20% to ₹303 crore in the year to Mar 2026, when Nova Pharma launched 11 prescription brands there.2829

Plants and capacity

  • The company has 4 plants, 2 at Verna in Goa, India, and 1 each at Southport, UK, and Farmingdale, New York, with capacity of about 26 billion units a year.3031
  • Annual capacity by location32
    India, both Goa plants2.4 billion capsules, 14 billion tablets
    Farmingdale, USA6 billion tablets and hard capsules
    Southport, UK2 billion bottles, 1 billion tubes, 1 billion sachets
  • Utilisation at the Goa facility being ramped up approached 50% in the year to Mar 2026, leaving room for higher volumes without large new capital spending, the company said.33

Customers and partners

  • In the United States, Time-Cap Laboratories' retail customers include Walmart, Walgreens, CVS, Dollar General, Target and Kroger.34

Research and development

  • Spending on research and development (R&D) was ₹89 crore in the year to Mar 2026, about 3% of consolidated revenue, and ₹23.2 crore, 2.8% of revenue, in the quarter to Jun 2026.3536
  • At 31 Mar 2026, the company held more than 350 approved ANDAs (US applications to sell a generic medicine) and marketing authorisations (licences to sell a medicine in a country), with over 30 filings awaiting approval and more than 200 products in development.37
  • In its presentation of 12 Aug 2026, the company said it plans to file more than 200 products in the UK over the next 4 years.38

What the company expects

  • On its earnings call of 13 Aug 2026, the company said it remained on target to reach ₹4,000 crore of revenue within the next 2 years, with growth expected from all its regions.39
  • On its earnings call of 13 Aug 2026, the company said it hoped Europe could reach about ₹1,000 crore of revenue within 5 years, mostly through acquisitions.40
  • On its earnings call of 13 Aug 2026, the company said its next goal for US revenue was $300 million, followed by $400 million over about 5 years.41

Recent events

  • On 20 Jul 2026, the company completed its purchase of all of ABCnow GmbH, a German company with prescription and OTC medicines; in its presentation of 12 Aug 2026, it said consolidation would start in the quarter after the quarter to Jun 2026.424344
  • On 16 Jun 2026, the company completed its purchase of all of QliniQ B.V., a Netherlands company selling niche pharmaceuticals and medical devices, for €7,500,000; QliniQ's revenue was €9.35 million in the year to Dec 2025.454647
  • On 9 Jun 2026, India Ratings and Research affirmed its IND AA- credit rating on ₹195.75 crore of the company's bank loan facilities and raised the outlook to Positive from Stable.48
  • On 7 Nov 2025, a US FDA inspection of the company's second Goa plant ended with zero Form 483 observations, the list of problems the inspectors record.49

Last updated

All 49 sources, each with its page
  1. 1. Annual report, 4 Aug 2026, page 4
  2. 2. Investor presentation, 12 Aug 2026, page 22
  3. 3. Annual report, 4 Aug 2026, page 29
  4. 4. Annual report, 4 Aug 2026, page 11
  5. 5. Exchange filing, 1 Jun 2026, page 3
  6. 6. Annual report, 4 Aug 2026, page 34
  7. 7. Investor presentation, 12 Aug 2026, page 17
  8. 8. Annual report, 4 Aug 2026, page 22
  9. 9. Annual report, 4 Aug 2026, page 5
  10. 10. Investor presentation, 12 Aug 2026, page 10
  11. 11. Investor presentation, 12 Aug 2026, page 45
  12. 12. Investor presentation, 12 Aug 2026, page 50
  13. 13. Annual report, 4 Aug 2026, page 21
  14. 14. Investor presentation, 12 Aug 2026, page 7
  15. 15. Investor presentation, 12 Aug 2026, page 49
  16. 16. Investor presentation, 12 Aug 2026, page 6
  17. 17. Annual report, 4 Aug 2026, page 8
  18. 18. Investor presentation, 12 Aug 2026, page 20
  19. 19. Annual report, 4 Aug 2026, page 8
  20. 20. Investor presentation, 12 Aug 2026, page 6
  21. 21. Investor presentation, 12 Aug 2026, page 21
  22. 22. Investor presentation, 12 Aug 2026, page 27
  23. 23. Investor presentation, 12 Aug 2026, page 22
  24. 24. Earnings call, 13 Aug 2026, page 14
  25. 25. Investor presentation, 12 Aug 2026, page 9
  26. 26. Annual report, 4 Aug 2026, page 29
  27. 27. Annual report, 4 Aug 2026, page 8
  28. 28. Annual report, 4 Aug 2026, page 29
  29. 29. Annual report, 4 Aug 2026, page 11
  30. 30. Annual report, 4 Aug 2026, page 30
  31. 31. Annual report, 4 Aug 2026, page 59
  32. 32. Annual report, 4 Aug 2026, page 12
  33. 33. Annual report, 4 Aug 2026, page 8
  34. 34. Annual report, 4 Aug 2026, page 11
  35. 35. Annual report, 4 Aug 2026, page 8
  36. 36. Earnings call, 13 Aug 2026, page 5
  37. 37. Annual report, 4 Aug 2026, page 11
  38. 38. Investor presentation, 12 Aug 2026, page 34
  39. 39. Earnings call, 13 Aug 2026, page 6
  40. 40. Earnings call, 13 Aug 2026, page 12
  41. 41. Earnings call, 13 Aug 2026, page 14
  42. 42. Exchange filing, 20 Jul 2026, page 1
  43. 43. Earnings call, 13 Aug 2026, page 12
  44. 44. Investor presentation, 12 Aug 2026, page 10
  45. 45. Exchange filing, 16 Jun 2026, page 1
  46. 46. Exchange filing, 1 Jun 2026, page 5
  47. 47. Exchange filing, 1 Jun 2026, page 2
  48. 48. Exchange filing, 9 Jun 2026, page 1
  49. 49. Exchange filing, 10 Nov 2025, page 1

Results

Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.Marksans Pharma quarterly results

Quarter to Jun 2026, against the quarter before

Revenue
₹321 Crdown 11.17%
Net profit
₹69 Crdown 24.90%
Net margin
21.5%

Revenue by quarter

₹309 CrSep 24₹312 CrDec 24₹299 CrMar 25₹320 CrJun 25₹320 CrSep 25₹340 CrDec 25₹362 CrMar 26₹321 CrJun 26
Peak revenue ₹362 Cr, quarter to Mar 2026; lowest ₹299 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹63 CrSep 24₹55 CrDec 24₹38 CrMar 25₹48 CrJun 25₹100 CrSep 25₹61 CrDec 25₹92 CrMar 26₹69 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue309312299320320340362321
Net profit63553848100619269
Net margin20.5%17.8%12.6%15.0%31.1%17.9%25.4%21.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

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

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.Marksans Pharma PE ratio and valuation

Price to earnings

At or below today's level on 60% of 2,479 trading days over the last 10 years.

LowestHighest
Its median20.88Industry median27.77
Price to book

At or below today's level on 77% of 1,889 trading days since Nov 2018.

LowestHighest
Its median3.19Industry median2.88
Dividend yield

At or below today's level on 55% of 2,464 trading days over the last 10 years.

LowestHighest
Its median0.28%Industry median0.49%

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−28.9%+60.0%−55.9%0.6%
3 years+31.1%+43.0%−8.6%0.4%
5 years+26.2%+22.6%+2.6%0.5%
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. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 8.62% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Marksans Pharma shareholding pattern

Shareholding by group

  • Promoters43.87%
  • Foreign institutions19.06%
  • Indian institutions5.54%
  • Individuals and others31.53%
Holder
MARK SALDANHAPromoter43.80%
ORBIMED ASIA IV MAURITIUS FVCI LIMITEDForeign direct investment8.62%
Schenelle Megan SaldanhaPromoter0.03%
SANDRA SALDANHAPromoter0.02%
Merrill Jean SaldanhaPromoter0.01%
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.

Since Jun 2026: promoters unchanged, foreign institutions +1.59 pts, Indian institutions −0.65 pts, mutual funds −0.64 pts.

Mutual fund holdings

26 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 9 of the 15 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.All 26 funds holding Marksans Pharma

Bought for the first time
2
Added
4
Cut
11
Held unchanged
9
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 31 Oct 2025.Marksans Pharma insider trading

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

  • Directors and key managers: no market trade · 1 off-market move
  • Others: no market trade · 3 off-market moves
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.

Marksans Pharma competitors and peers

Pharmaceuticals, 215 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Marksans Pharma 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
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%
CORONA Remedies logoCORONA RemediesCORONA13,14763.5116.33––28.3%31.8%0.47%
Concord Biotech logoConcord BiotechCONCORDBIO13,03146.146.28+4.0%−12.8%14.5%15.9%0.61%
Akums Drugs and Pharmaceuticals logoAkums Drugs and PharmaceuticalsAKUMS11,51739.483.48+9.2%−14.6%9.2%12.0%0.41%
Strides Pharma Science logoStrides Pharma ScienceSTAR9,85115.972.88+11.3%+55.3%20.0%13.9%0.47%
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.Marksans Pharma dividend history

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

0.1Mar 170.1Mar 180.1Mar 190.1Mar 200.3Mar 210.3Mar 220.5Mar 230.6Mar 240.8Mar 250.9Mar 26
Highest ₹0.90 a share, year to Mar 2026.
Ex-dateTypePer share
20 Aug 2026Final₹0.90
1 Aug 2025Final₹0.80
17 Sep 2024Final₹0.60
7 Jun 2023Final₹0.50
19 Aug 2022Final₹0.25
15 Sep 2021Final₹0.25
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Marksans Pharma announcements

Marksans Pharma share price by year

Each calendar year to 2025.Marksans Pharma share price history

YearClose at year endChangeHighest closeLowest close
2025180.29−39.2%304.65164.06
2024296.65+84.1%353.40132.95
2023161.10+176.6%170.6558.30
202258.25−3.2%64.0539.45
202160.15−0.8%94.5549.35
202060.65+263.2%64.9010.45
201916.70−40.0%28.2012.60
201827.85−30.3%48.7524.65
201739.95+0.3%56.4535.20
201639.85−61.9%104.6034.85
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

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 2026305.90318.80300.00315.35313.5020,08,91538.7%
28 Oct 2026301.10308.25298.65305.20304.2214,05,30048.0%
27 Oct 2026297.60303.10294.80300.10300.6510,26,50846.9%
26 Oct 2026286.90298.75285.10296.65293.8811,71,91942.8%
23 Oct 2026292.00295.35282.70286.90287.3014,14,61953.0%
22 Oct 2026294.00298.00291.25294.45294.528,17,78642.8%
21 Oct 2026304.65306.75293.60298.15298.2813,85,44147.8%
19 Oct 2026311.00314.50302.00303.05307.308,17,39243.9%
16 Oct 2026308.10313.50306.00311.00310.027,67,99844.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
15 Jan 2016Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
11 Mar 2008Split0.1000Each share became 10.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson and managing director and CEO
MARK SALDANHA
At the end of the quarter to Sep 2026
NSE symbol
MARKSANS
BSE code
524404
ISIN
INE750C01026
Industry
Pharmaceuticals & Biotechnology
Former symbols
TASCPHARMA
CIN
L24110MH1992PLC066364
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
GRANDEUR, 11th Floor, Veera Desai Extention Road, Opp. Gundeecha Symphony, Oshiwara, Andheri (W), Mumbai 400053, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments