QQ-DITS FMSS
ALEMBICLTD

Alembic Ltd.

ALEMBICLTDNSERealtyConstruction - Real EstateSmall Cap
89.98
4.04%
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65
Composite

Alembic Ltd. is engaged in the businesses of Pharmaceuticals, Real Estate, and Power Assets. The company was started in 1907 as the flagship company of the Alembic Group. In 2010, the company demerged its core pharmaceutical business (formulations) into a wholly-owned subsidiary, Alembic Pharmaceuticals Ltd. and after the demerger, APL became the flagship company of the Alembic Group.

www.alembiclimited.comSector: RealtyIndustry: Construction - Real Estate

Q-DITS fundamental score

65Composite
Growth
62
Profitability
48
Valuation
73
Quality
69
Solvency
70
Earnings
48

Key metrics

MCap
₹2.3K Cr
TTM PE
7.3x
Industry PE
44.5x
TTM EPS
₹12.36
Book Value
₹89.59
Face Value
₹2
Div Yield
2.66%
PEG
0.44x
PB
1.1x
ROE
6.4%
ROCE
6.9%
EBITDA mgn
76%
D/E
0.01
Int. Cover
63.9x
Curr. Ratio
1.74x
EPS
₹12.1

Growth — CAGR across horizons

Metric1Y3Y5Y10Y
Net Sales8.2%23.6%26.7%6%
EBITDA-3.5%30.9%52.2%30.9%
Net Profit2.2%16.5%-1.5%2.9%

Score snapshot

Piotroski
7/9
Altman Z
1.48
Quality
68.8
Growth
61.9
Valuation
73
Earn. Qual
48.4
PEAD
-2
SURGE
-2
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Revenue, profitability & returns

Revenue & Net Profit (₹ Cr)
RevenueNet Profit
Margins (%)
EBITDA%PAT%
Return ratios (%)
ROEROCEROA

Annual financials — last 10 years

Tap a row to expand the full chart
MetricTrend2016201720182019202020212022202320242025
RevenueCr134147125124747478127157222
EBITDACr32324848972110394112169
EBITDA margin26%24.6%37.9%38.4%130.8%29%131.8%82.2%70.9%76%
Net profitCr252742419314868193145
PAT margin18.4%18%32.9%33.2%125.8%18.8%110.2%63.4%59%65.2%
EPS₹8.78₹5.44₹6.1₹8.3₹12.82₹13.35₹8.65₹7.42₹10.46₹12.1
Revenue growth-6.9%9.8%-14.9%-1.2%-40.3%-0.6%6.4%62.7%23.8%40.9%
PAT growth2.4%11.2%52%-1.7%126.5%-85.1%522.7%-6.5%15.2%55.7%
ROE3.7%3.2%4.2%3.6%7.1%0.7%3.6%3.5%4.4%6.4%
ROCE3.8%3.1%4.4%3.9%7.1%0.9%4.1%3.8%4.9%6.9%
ROA3.2%2.9%3.9%3.4%6.8%0.7%3.4%3.3%4.1%6%
P/E4x6.7x8.7x5.1x2.8x7.7x8.4x8x8x8.1x
P/B1.2x1.1x1.3x0.9x0.6x1.1x0.7x0.7x1x1.1x
D/E0000000000
Current ratio2.9x2.8x3.1x2x3.6x1.7x2.1x2x1.5x1.7x
Interest cover221.3x169.2x261.8x207.6x324.5x48.1x252.5x187.5x93.6x63.9x

Quarterly results

Tap a row to expand the full chart
MetricTrend2023-122024-032024-062024-092024-122025-032025-062025-092025-122026-03
RevenueCr39495153586050567460
Rev growth YoY28.5%32.1%37.8%63.9%47.3%22.9%-2%5.6%28.3%-0.4%
EBITDACr12242020262720232720
EBITDA margin29.7%49.2%40.2%37%45.6%45.3%39.3%41.6%36.9%33.7%
Net profitCr10211777262418762210
PAT growth YoY-8.3%353%74.9%49.5%163%11.5%2.2%-1.6%-13.9%-59.5%
EPS₹2.39₹2.81₹2.17₹4.71₹2.55₹2.67₹2.4₹5₹2.34₹2.61

Balance sheet — last 10 years (₹ Cr)

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MetricTrend2017201820192020202120222023202420252026
Shareholders' equityCr9111,0861,2091,4182,2972,4972,0782,1862,3392,445
ReservesCr8581,0321,1571,3672,2462,4452,0272,1342,2872,394
Total borrowingsCr0000000000
InvestmentsCr7349131,0011,1332,0532,2171,7561,8331,9440
Total assetsCr9141,0911,2131,4232,3032,5042,0862,2062,3642,590
Current assetsCr19118599163102143178143222197
Current liabilitiesCr6859494659689096128101
Trade payablesCr15162513181917312824
Gross blockCr158144145145150151151152157170

Cash flow statement (₹ Cr)

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MetricTrend2017201820192020202120222023202420252026
Operating CF (CFO)Cr5224227-2-18392386120
Investing CF (CFI)Cr-47-227257-3519726-27-54
Financing CF (CFF)Cr-5-3-92-6-15-6-46-48-58-67
Net cash changeCr-0-1157-52-5-001-1
Closing cashCr21259611131

Cash flow components

CFO · CFI · CFF (₹ Cr)
CFOCFICFF

Q-DITS scorecard

Composite score
65
Quality (25%)68.8
Growth (25%)61.9
Valuation (20%)73
Piotroski (15%)78
Earnings Quality (10%)48.4
Momentum (5%)

Weighted blend, rescaled to the components available for this stock.

Piotroski F-Score
7/9
ROA positiveROA 5.96%
CFO positiveCFO ₹120.06 Cr
ROA improving4.09% → 5.96%
CFO > PAT (low accruals)CFO 120.06 vs PAT 144.57
Leverage decreasedD/E 0.0 → 0.01
Liquidity improvedCR 1.49 → 1.74
No share dilutionEPS 10.46 → 12.1
Margin improvedEBITDA mgn 70.89% → 75.99%
Asset turnover upAsset TO 0.07 → 0.09
Altman Z-Scoregrey
1.48
X1
0.037
X2
0.924
X3
0.061
X4
0.944
X5
0.086

>2.9 safe · 1.23–2.9 grey · <1.23 distress

Quality
68.8/100
ROE
6.4%
ROCE
6.9%
Margin
65.2%
Debt
0
Int. cover
63.9x
Growth
61.9/100
Revenue 3Y
23.6%
Profit 3Y
16.5%
EPS
15.7%
Valuation
73/100
PE
8.1x
PB
1.1x
EV/EBITDA
15.1x

vs universe median: PE 25.6x · PB 2.81x · EV 13.41x

Earnings quality
48.4/100
CFO₹120 Cr
PAT₹145 Cr
Accrual ratio0.009
CFO/PAT0.83x
PEAD · SURGE
-2 / -2
Revenue SUE-1.58
EPS SUE-0.39
Latest quarter2026-03
Rev growth YoY-0.4%

Shareholding pattern

Promoter70.9%
FII/FPI1.3%
DII0%
Public29.1%
Tap a row to expand the full chart
MetricTrend2024-032024-062024-092024-122025-032025-062025-092025-122026-03
Promoter70.9%70.9%70.9%70.9%70.9%70.9%70.9%70.9%70.9%
FII / FPI1.1%1.4%2%1.8%1.7%1.5%1.4%1.3%1.3%
DII0%0%0.1%0.1%0.1%0%0%0%0%
Public / Retail29.1%29.1%29.1%29.1%29.1%29.1%29.1%29.1%29.1%
Promoter pledge0%0%0%0%0%0%0%0%0%

Documents & filings

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Peer comparison

CompanyMCap (Cr)RevenuePATPEPBROE%ROCE%D/E
DLF Ltd.1,54,5348,1942,62235x3.4x6.65.90.09
Lodha Developers Ltd.91,78916,6763,42226.8x4x15.215.90.36
The Phoenix Mills Ltd.67,2614,4231,55755x6.1x13.113.70.45
Prestige Estates Projects Ltd.64,50412,6851,32354x4x4.68.60.69
Oberoi Realty Ltd.61,2426,0092,49124.4x3.4x14.917.70.16
Godrej Properties Ltd.54,0525,1311,87729.2x2.8x10.27.60.71
Anant Raj Ltd.18,7082,51255433.7x3.2x10.811.30.11