- Total income
- ₹12,944 Cr
- Profit
- ₹1,991 Cr

About Mankind Pharma Limited
Data last updated:
Mankind Pharma Limited is a public limited company based in New Delhi, Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 July 1991 and has been in existence for over 35 years.
Mankind Pharma is ranked #210 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Ramesh Juneja and family are #115 among India's richest people (2026). Its director Rajeev Juneja and family are #119 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1991PLC044843. Its GSTIN is 07AAACM9401C1ZX (Delhi). The company holds 35 GST registrations, of which 29 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543904 and NSE: MANKIND.
The company has an authorised share capital of ₹421.51 Cr and a paid-up capital of ₹41.3 Cr. It was formerly known as Mankind Pharma Private Limited. It is led by directors including Rajeev Juneja (Managing Director) and Sheetal Arora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 208 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹14,278 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹2,014.45 Cr (net margin 14.1%) and EBITDA of ₹3,492.63 Cr (EBITDA margin 24.5%). The net worth stands at ₹16,300 Cr (up 13.7% YoY). Total assets are valued at ₹23,151 Cr (down 0.4% YoY).
The company has about 19,928 employees on its provident fund (EPFO) records. Its group structure includes 22 subsidiaries.
The company is associated with 3 brands: Mediforce Healthcare, Manforce Condoms and Mankind Pharma. As per MCA filings, the company has open charges of ₹4,915 Cr and satisfied charges of ₹7,758.37 Cr on record. Court records list 622 cases involving the company, including 537 filed by the company and 85 filed against it; 232 cases are pending. The company has 29 deals on record (14 secondary share transfers, 12 market trades, 1 funding round), with disclosed funding of ₹74.05 Cr; the latest was in October 2025. The company has 3 MSME Form 1 returns on record between 2021 and 2024, listing 998 overdue payments to 142 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mankindpharma.com.
Company details
CIN history
Mankind Pharma has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74899DL1991PLC044843, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899DL1991PLC044843 | Current |
| U74899DL1991PLC044843 | Previous |
| U74899DL1991PTC044843 | Previous |
Recognitions & Rankings of Mankind Pharma
- Valuation
- ₹1,05,770 Cr
- #115 Ramesh Juneja & family ₹28,500 Cr
- #119 Rajeev Juneja & family ₹27,600 Cr
Contact details
Mankind Pharma Limited's registered office is in New Delhi, Delhi. Its website is mankindpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address208 Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mankind Pharma Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Mankind Pharma operates multiple associated brands including Mediforce Healthcare, Manforce Condoms, and Mankind Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes a range of medicines and healthcare products. | mediforcehealthcare.com | |
| Condom manufacturing and sexual health resources in India. | manforcecondoms.com | |
| Pharmaceutical company engaged in developing, manufacturing, and marketing a diverse range of pharmaceutical formulations | mankindpharma.com |
Business activity
The main business activities of Mankind Pharma are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Mankind Pharma Limited, buy the company report.
Financials of Mankind Pharma Limited
FY 2025-26 filings availableMankind Pharma Limited reported revenue of ₹14,278 Cr (up 17% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14,278 | 12,207 | 10,260 | 8,749 | 7,782 | 6,214 | 5,865 |
| Revenue growth | +17.0% | +19.0% | +17.3% | +12.4% | +25.2% | +6.0% | - |
| EBITDA | 3,493 | 3,020 | 2,515 | 1,902 | 1,991 | 1,649 | 1,438 |
| EBITDA margin | +24.5% | +24.7% | +24.5% | +21.7% | +25.6% | +26.5% | +24.5% |
| Profit before tax | 2,333 | 2,521 | 2,399 | 1,671 | 1,975 | 1,692 | 1,438 |
| Net profit | 2,014 | 1,796 | 1,807 | 1,253 | 1,369 | 1,217 | 998 |
| Net profit margin | +14.1% | +14.7% | +17.6% | +14.3% | +17.6% | +19.6% | +17.0% |
| EPS (₹) | 1,913.06 | 48.25 | 47.75 | 32.00 | 35.78 | 31.59 | 25.72 |
| Balance sheet | |||||||
| Total assets | 23,151 | 23,255 | 9,929 | 7,917 | 7,290 | 5,185 | 3,884 |
| Net worth | 16,300 | 14,332 | 9,363 | 7,435 | 6,155 | 4,722 | 3,485 |
| Total debt | 6,312 | 8,511 | 207 | 170 | 873 | 241 | 131 |
| Cash & bank | 483 | 554 | 708 | 453 | 406 | 701 | 420 |
| Net working capital | 2,329 | 2,605 | 2,365 | 1,531 | 1,730 | 1,426 | 976 |
| Cash flow | |||||||
| Cash from operations | 3,121 | 2,413 | 2,152 | 1,813 | 920 | 1,137 | 1,070 |
| Cash from investing | (181) | (12,624) | (2,081) | (1,052) | (1,369) | (1,222) | (436) |
| Cash from financing | (2,953) | 10,233 | 5.27 | (740) | 605 | (7.81) | (531) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,031 | 3,443 | 3,567 | 3,697 | 3,570 | 3,079 | 3,199 | 3,061 |
| Revenue growth (YoY) | +12.9% | +11.8% | +11.5% | +20.8% | +24.5% | - | - | - |
| Other income | 48.94 | 117 | 75.96 | 94.19 | 83.05 | 254 | 87.09 | 112 |
| EBITDA | 1,056 | 907 | 813 | 921 | 847 | 679 | 816 | 845 |
| EBITDA margin | +26.2% | +26.3% | +22.8% | +24.9% | +23.7% | +22.0% | +25.5% | +27.6% |
| Depreciation | 226 | 223 | 223 | 222 | 219 | 231 | 187 | 100 |
| Interest | 110 | 142 | 157 | 170 | 171 | 191 | 221 | 7.10 |
| Profit before tax | 769 | 659 | 509 | 624 | 540 | 511 | 495 | 849 |
| Tax | 195 | 99.75 | 95.12 | 104 | 95.87 | 86.44 | 110 | 190 |
| Net profit | 574 | 559 | 414 | 520 | 445 | 425 | 385 | 659 |
| EPS (₹) | 13.74 | 13.41 | 9.89 | 12.38 | 10.60 | 10.18 | 9.44 | 16.28 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 10,421 | 9,507 | 8,629 | 8,127 | 7,486 | 5,530 | 4,794 |
| Revenue growth | +9.6% | +10.2% | +6.2% | +8.6% | +35.4% | +15.3% | - |
| EBITDA | 2,980 | 2,425 | 2,267 | 1,698 | 1,838 | 1,379 | 1,244 |
| EBITDA margin | +28.6% | +25.5% | +26.3% | +20.9% | +24.6% | +24.9% | +26.0% |
| Profit before tax | 2,315 | 2,208 | 2,289 | 1,563 | 1,871 | 1,440 | 1,265 |
| Net profit | 2,125 | 1,605 | 1,770 | 1,219 | 1,327 | 1,054 | 940 |
| Net profit margin | +20.4% | +16.9% | +20.5% | +15.0% | +17.7% | +19.1% | +19.6% |
| EPS (₹) | 49.36 | 43.29 | 46.83 | 31.16 | 34.68 | 27.07 | 23.92 |
| Balance sheet | |||||||
| Total assets | 22,194 | 21,837 | 9,851 | 7,898 | 7,317 | 4,898 | 3,715 |
| Net worth | 16,397 | 14,323 | 9,703 | 7,784 | 6,540 | 4,734 | 3,651 |
| Total debt | 5,571 | 7,383 | 23.50 | 4.69 | 688 | 101 | 2.56 |
| Cash & bank | 159 | 306 | 484 | 155 | 139 | 477 | 198 |
| Net working capital | 703 | 558 | 1,791 | 1,038 | 1,361 | 1,212 | 739 |
| Cash flow | |||||||
| Cash from operations | 2,752 | 2,350 | 1,736 | 1,799 | 821 | 1,022 | 960 |
| Cash from investing | (388) | (12,178) | (1,665) | (1,041) | (1,360) | (1,127) | (396) |
| Cash from financing | (2,477) | 9,816 | (4.73) | (710) | 579 | 88.87 | (559) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,964 | 2,582 | 2,633 | 2,609 | 2,570 | 2,119 | 2,414 | 2,544 |
| Revenue growth (YoY) | +15.3% | +21.8% | +9.0% | +2.5% | +6.5% | - | - | - |
| Other income | 33.96 | 127 | 56.52 | 77.67 | 65.21 | 220 | 70.37 | 139 |
| Total expenses | 2,035 | 1,686 | 1,938 | 1,916 | 1,885 | 1,778 | 1,668 | 1,781 |
| EBITDA | 929 | 896 | 695 | 693 | 685 | 342 | 746 | 763 |
| EBITDA margin | +31.3% | +34.7% | +26.4% | +26.6% | +26.7% | +16.1% | +30.9% | +30.0% |
| Depreciation | 111 | 109 | 108 | 99.03 | 105 | 115 | 91.11 | 90.33 |
| Interest | 94.95 | 125 | 138 | 147 | 149 | 162 | 200 | 2.61 |
| Profit before tax | 757 | 788 | 505 | 525 | 496 | 284 | 525 | 810 |
| Tax | 198 | 74.40 | 56.41 | 65.73 | 80.90 | 46.29 | 113 | 165 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,031 | 3,443 | 3,567 | 3,697 | 3,570 | 3,079 | 3,199 | 3,061 |
| Revenue growth (YoY) | +12.9% | +11.8% | +11.5% | +20.8% | +24.5% | - | - | - |
| Other income | 48.94 | 117 | 75.96 | 94.19 | 83.05 | 254 | 87.09 | 112 |
| EBITDA | 1,056 | 907 | 813 | 921 | 847 | 679 | 816 | 845 |
| EBITDA margin | +26.2% | +26.3% | +22.8% | +24.9% | +23.7% | +22.0% | +25.5% | +27.6% |
| Depreciation | 226 | 223 | 223 | 222 | 219 | 231 | 187 | 100 |
| Interest | 110 | 142 | 157 | 170 | 171 | 191 | 221 | 7.10 |
| Profit before tax | 769 | 659 | 509 | 624 | 540 | 511 | 495 | 849 |
| Tax | 195 | 99.75 | 95.12 | 104 | 95.87 | 86.44 | 110 | 190 |
| Net profit | 574 | 559 | 414 | 520 | 445 | 425 | 385 | 659 |
| EPS (₹) | 13.74 | 13.41 | 9.89 | 12.38 | 10.60 | 10.18 | 9.44 | 16.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14,278 | 12,207 | 10,260 | 8,749 | 7,782 | 6,214 | 5,865 |
| Revenue growth | +17.0% | +19.0% | +17.3% | +12.4% | +25.2% | +6.0% | - |
| Other income | 370 | 554 | 296 | 141 | 210 | 183 | 122 |
| Total expenses | 10,785 | 9,187 | 7,745 | 6,848 | 5,791 | 4,565 | 4,427 |
| Employee cost | 3,184 | 2,692 | 2,261 | 1,918 | 1,621 | 1,416 | 1,336 |
| EBITDA | 3,493 | 3,020 | 2,515 | 1,902 | 1,991 | 1,649 | 1,438 |
| EBITDA margin | +24.5% | +24.7% | +24.5% | +21.7% | +25.6% | +26.5% | +24.5% |
| Depreciation | 886 | 621 | 378 | 326 | 167 | 119 | 99.06 |
| Interest | 644 | 432 | 34.24 | 45.76 | 59.80 | 21.16 | 23.24 |
| Profit before tax | 2,333 | 2,521 | 2,399 | 1,671 | 1,975 | 1,692 | 1,438 |
| Tax | 395 | 510 | 457 | 362 | 522 | 399 | 382 |
| Net profit | 2,014 | 1,796 | 1,807 | 1,253 | 1,369 | 1,217 | 998 |
| Net profit margin | +14.1% | +14.7% | +17.6% | +14.3% | +17.6% | +19.6% | +17.0% |
| EPS (₹) | 1,913.06 | 48.25 | 47.75 | 32.00 | 35.78 | 31.59 | 25.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.28 | 41.26 | 40.06 | 40.06 | 40.06 | 40.06 | 40.06 |
| Reserves & surplus | 16,259 | 14,291 | 9,323 | 7,395 | 6,115 | 4,682 | 3,445 |
| Shareholders' funds (net worth) | 16,300 | 14,332 | 9,363 | 7,435 | 6,155 | 4,722 | 3,485 |
| Minority interest | 261 | 236 | 213 | 188 | 161 | 141 | 186 |
| Secured loans | 5,765 | 6,026 | 196 | 163 | 804 | 224 | 114 |
| Unsecured loans | 547 | 2,485 | 11.13 | 7.73 | 68.75 | 17.14 | 16.68 |
| Total debt | 6,312 | 8,511 | 207 | 170 | 873 | 241 | 131 |
| Total liabilities | 23,151 | 23,255 | 9,929 | 7,917 | 7,290 | 5,185 | 3,884 |
| Assets | |||||||
| Gross block | 21,377 | 20,917 | 5,915 | 5,239 | 4,252 | 2,166 | 1,993 |
| Net block | 18,620 | 19,005 | 4,545 | 4,251 | 3,588 | 1,664 | 1,600 |
| Capital work in progress | 1,128 | 826 | 282 | 550 | 701 | 372 | 317 |
| Investments | 1,985 | 2,042 | 2,568 | 1,346 | 1,109 | 1,512 | 829 |
| Inventories | 2,144 | 2,094 | 1,553 | 1,498 | 1,760 | 1,184 | 899 |
| Sundry debtors | 1,730 | 1,538 | 848 | 576 | 388 | 331 | 531 |
| Cash & bank balances | 483 | 554 | 708 | 453 | 406 | 701 | 420 |
| Loans & advances | 1,060 | 1,111 | 1,200 | 724 | 978 | 386 | 307 |
| Total current assets | 5,417 | 5,297 | 4,310 | 3,252 | 3,532 | 2,600 | 2,157 |
| Total current liabilities | 3,088 | 2,692 | 1,945 | 1,721 | 1,803 | 1,175 | 1,181 |
| Net working capital | 2,329 | 2,605 | 2,365 | 1,531 | 1,730 | 1,426 | 976 |
| Total assets | 23,151 | 23,255 | 9,929 | 7,917 | 7,290 | 5,185 | 3,884 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 404 | 382 | 305 | 283 | 127 | 220 | 116 |
| Net cash from operating activities | 3,121 | 2,413 | 2,152 | 1,813 | 920 | 1,137 | 1,070 |
| Net cash from investing activities | (181) | (12,624) | (2,081) | (1,052) | (1,369) | (1,222) | (436) |
| Net cash from financing activities | (2,953) | 10,233 | 5.27 | (740) | 605 | (7.81) | (531) |
| Net change in cash | (12.19) | 21.87 | 77.19 | 21.76 | 156 | (92.40) | 103 |
| Closing cash | 483 | 554 | 708 | 453 | 406 | 701 | 420 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.0% | +19.0% | +17.3% | +12.4% | +25.2% | +6.0% | - |
| EBITDA growth | +15.6% | +20.1% | +32.2% | -4.5% | +20.7% | +14.7% | - |
| PBT growth | -7.5% | +5.1% | +43.5% | -15.4% | +16.7% | +17.7% | +131.5% |
| Net income growth | +12.2% | -0.6% | +44.2% | -8.5% | +12.5% | +22.0% | - |
| Revenue CAGR (3Y) | +17.7% | +16.2% | +18.2% | +14.3% | +32.7% | - | - |
| EBITDA CAGR (3Y) | +22.5% | +14.9% | +15.1% | +9.8% | +50.3% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +13.6% | +16.5% | +18.9% | +15.0% | +18.7% | +20.8% | +18.0% |
| Return on capital employed | +13.0% | +18.0% | +27.9% | +23.1% | +33.4% | +39.2% | +39.5% |
| Return on net worth | +12.7% | +17.0% | +23.1% | +19.3% | +26.7% | +31.5% | +30.3% |
| Debt / equity | 0.48 | 0.37 | 0.02 | 0.08 | 0.10 | 0.05 | 0.04 |
| Long-term debt / equity | 0.28 | 0.24 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest cover | 24.72 | 18.00 | 1.60 | 2.90 | 3.28 | 1.38 | 1.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.68 | 0.91 | 1.84 | 1.84 | 2.43 | 2.99 | 2.94 |
| Inventory turnover | 6.74 | 6.69 | 6.72 | 5.37 | 5.29 | 5.97 | 6.52 |
| Debtors turnover | 8.74 | 10.23 | 14.40 | 18.14 | 21.65 | 14.42 | 11.04 |
| EPS (₹) | 1,913.06 | 48.25 | 47.75 | 32.00 | 35.78 | 31.59 | 25.72 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.60 | 0.00 |
| Book value per share (₹) | 16,301.46 | 347.37 | 233.73 | 185.61 | 153.65 | 117.88 | 87.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,964 | 2,582 | 2,633 | 2,609 | 2,570 | 2,119 | 2,414 | 2,544 |
| Revenue growth (YoY) | +15.3% | +21.8% | +9.0% | +2.5% | +6.5% | - | - | - |
| Other income | 33.96 | 127 | 56.52 | 77.67 | 65.21 | 220 | 70.37 | 139 |
| Total expenses | 2,035 | 1,686 | 1,938 | 1,916 | 1,885 | 1,778 | 1,668 | 1,781 |
| EBITDA | 929 | 896 | 695 | 693 | 685 | 342 | 746 | 763 |
| EBITDA margin | +31.3% | +34.7% | +26.4% | +26.6% | +26.7% | +16.1% | +30.9% | +30.0% |
| Depreciation | 111 | 109 | 108 | 99.03 | 105 | 115 | 91.11 | 90.33 |
| Interest | 94.95 | 125 | 138 | 147 | 149 | 162 | 200 | 2.61 |
| Profit before tax | 757 | 788 | 505 | 525 | 496 | 284 | 525 | 810 |
| Tax | 198 | 74.40 | 56.41 | 65.73 | 80.90 | 46.29 | 113 | 165 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,421 | 9,507 | 8,629 | 8,127 | 7,486 | 5,530 | 4,794 |
| Revenue growth | +9.6% | +10.2% | +6.2% | +8.6% | +35.4% | +15.3% | - |
| Other income | 326 | 555 | 374 | 163 | 204 | 148 | 93.85 |
| Total expenses | 7,441 | 7,082 | 6,362 | 6,429 | 5,648 | 4,151 | 3,550 |
| Employee cost | 2,367 | 2,149 | 1,921 | 1,701 | 1,463 | 1,106 | 991 |
| EBITDA | 2,980 | 2,425 | 2,267 | 1,698 | 1,838 | 1,379 | 1,244 |
| EBITDA margin | +28.6% | +25.5% | +26.3% | +20.9% | +24.6% | +24.9% | +26.0% |
| Depreciation | 429 | 395 | 335 | 270 | 123 | 78.19 | 61.77 |
| Interest | 562 | 378 | 16.93 | 28.23 | 47.54 | 8.23 | 11.10 |
| Profit before tax | 2,315 | 2,208 | 2,289 | 1,563 | 1,871 | 1,440 | 1,265 |
| Tax | 277 | 422 | 413 | 315 | 482 | 356 | 307 |
| Net profit | 2,125 | 1,605 | 1,770 | 1,219 | 1,327 | 1,054 | 940 |
| Net profit margin | +20.4% | +16.9% | +20.5% | +15.0% | +17.7% | +19.1% | +19.6% |
| EPS (₹) | 49.36 | 43.29 | 46.83 | 31.16 | 34.68 | 27.07 | 23.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.28 | 41.26 | 40.06 | 40.06 | 40.06 | 40.06 | 40.06 |
| Reserves & surplus | 16,356 | 14,281 | 9,663 | 7,744 | 6,500 | 4,694 | 3,611 |
| Shareholders' funds (net worth) | 16,397 | 14,323 | 9,703 | 7,784 | 6,540 | 4,734 | 3,651 |
| Secured loans | 5,488 | 5,444 | 14.93 | 0.00 | 624 | 95.00 | 0.00 |
| Unsecured loans | 82.52 | 1,939 | 8.57 | 4.69 | 64.23 | 5.85 | 2.56 |
| Total debt | 5,571 | 7,383 | 23.50 | 4.69 | 688 | 101 | 2.56 |
| Total liabilities | 22,194 | 21,837 | 9,851 | 7,898 | 7,317 | 4,898 | 3,715 |
| Assets | |||||||
| Gross block | 5,891 | 5,658 | 4,578 | 3,776 | 3,292 | 1,227 | 1,117 |
| Net block | 3,926 | 4,076 | 3,552 | 3,142 | 2,927 | 987 | 945 |
| Capital work in progress | 420 | 207 | 209 | 495 | 387 | 166 | 148 |
| Investments | 16,523 | 16,683 | 4,215 | 3,102 | 2,526 | 2,397 | 1,784 |
| Inventories | 1,088 | 1,098 | 1,126 | 1,032 | 1,267 | 827 | 533 |
| Sundry debtors | 1,164 | 909 | 769 | 493 | 471 | 369 | 419 |
| Cash & bank balances | 159 | 306 | 484 | 155 | 139 | 477 | 198 |
| Loans & advances | 724 | 849 | 1,011 | 775 | 1,071 | 521 | 404 |
| Total current assets | 3,135 | 3,162 | 3,390 | 2,455 | 2,947 | 2,194 | 1,554 |
| Total current liabilities | 2,432 | 2,604 | 1,599 | 1,418 | 1,586 | 982 | 816 |
| Net working capital | 703 | 558 | 1,791 | 1,038 | 1,361 | 1,212 | 739 |
| Total assets | 22,194 | 21,837 | 9,851 | 7,898 | 7,317 | 4,898 | 3,715 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 201 | 212 | 145 | 86.17 | 46.36 | 77.50 | 72.48 |
| Net cash from operating activities | 2,752 | 2,350 | 1,736 | 1,799 | 821 | 1,022 | 960 |
| Net cash from investing activities | (388) | (12,178) | (1,665) | (1,041) | (1,360) | (1,127) | (396) |
| Net cash from financing activities | (2,477) | 9,816 | (4.73) | (710) | 579 | 88.87 | (559) |
| Net change in cash | (113) | (10.96) | 66.16 | 47.96 | 39.81 | (15.96) | 5.02 |
| Closing cash | 159 | 306 | 484 | 155 | 139 | 477 | 198 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9.6% | +10.2% | +6.2% | +8.6% | +35.4% | +15.3% | - |
| EBITDA growth | +22.9% | +7.0% | +33.5% | -7.7% | +33.4% | +10.8% | - |
| PBT growth | +4.9% | -3.5% | +46.5% | -16.5% | +29.9% | +13.9% | +83.0% |
| Net income growth | +32.4% | -9.3% | +45.2% | -8.2% | +25.9% | +12.2% | - |
| Revenue CAGR (3Y) | +8.6% | +8.3% | +16.0% | +19.2% | +25.0% | +12.2% | +11.1% |
| EBITDA CAGR (3Y) | +20.6% | +9.7% | +18.0% | +10.9% | +37.7% | +21.0% | +21.1% |
| Profitability & leverage | |||||||
| Net income margin | +19.6% | +18.8% | +21.7% | +15.4% | +18.6% | +19.6% | +20.0% |
| Return on capital employed | +13.1% | +16.3% | +23.4% | +20.9% | +31.4% | +33.6% | +36.4% |
| Return on net worth | +13.3% | +14.9% | +20.3% | +17.4% | +24.7% | +25.9% | +28.5% |
| Debt / equity | 0.42 | 0.31 | 0.00 | 0.05 | 0.07 | 0.01 | 0.03 |
| Long-term debt / equity | 0.25 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 22.05 | 18.59 | 0.88 | 1.98 | 2.77 | 0.63 | 0.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.80 | 1.86 | 2.07 | 2.30 | 3.31 | 4.72 | 4.77 |
| Inventory turnover | 9.54 | 8.55 | 8.00 | 7.07 | 7.15 | 8.13 | 9.45 |
| Debtors turnover | 10.06 | 11.33 | 13.68 | 16.87 | 17.83 | 14.04 | 17.19 |
| EPS (₹) | 49.36 | 43.29 | 46.83 | 31.16 | 34.68 | 27.07 | 23.92 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.55 |
| Book value per share (₹) | 397.21 | 347.13 | 242.21 | 194.31 | 163.27 | 118.18 | 91.15 |
To see the full year-wise statements and ratios of Mankind Pharma Limited, buy the company report.
Board of directors of Mankind Pharma Limited
Mankind Pharma has 8 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Juneja Also directs: Appian Associates Infrastructure Private Limited, Pavi Buildwell Private Limited, Luxor Metaltec India Pvt Ltd and 5 more | Managing Director | 22 Dec 1992 | 33 Years 10 Months | Current |
| Sheetal Arora | Whole-Time Director | 21 Sep 2007 | 19 Years 1 Months | Current |
| Tilokchand Punamchand Ostwal Also directs: T.P.Ostwal & Associates LLP, T P Ostwal Maheshwari & Associates LLP, Polycab India Limited and 5 more | Director | 01 Jan 2020 | 6 Years 9 Months | Current |
| Vijaya Sampath Also directs: Ingersoll-Rand (India) Limited, Craftsman Automation Limited, Va Tech Wabag Limited and 4 more | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Satish Kumar Sharma Also directs: Mankind Consumer Products Private Limited, Appian Properties Private Limited, Bharat Serums and Vaccines Limited and 4 more | Whole-Time Director | 23 Sep 2016 | 10 Years 1 Months | Current |
| Ramesh Juneja | Whole-Time Director | 03 Jul 1991 | 35 Years 3 Months | Current |
Auditor
Mankind Pharma Limited is audited by S.R. Batliboi & CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & CO. LLP | FY 2025 | 301003E/E300005 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 72.60%, foreign institutional investors hold 9.40%, domestic institutional investors hold 15.40% and retail and other public shareholders hold 2.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.60% | 72.70% | 72.70% | 72.70% |
| Public | 27.40% | 27.30% | 27.30% | 27.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2024 | 101005942 | Others | ₹1,250 Cr | Open | |
| 14 Nov 2024 | 101005946 | Others | ₹2,500 Cr | Open | |
| 14 Oct 2024 | 100997549 | State Bank of India | ₹300 Cr | Open | |
| 26 Dec 2023 | 100839353 | Others | ₹200 Cr | Open | |
| 30 Mar 2021 | 100439267 | Others | ₹110 Cr | Open |
To see the full charge records of Mankind Pharma Limited, buy the company report.
Total charge records: 38 View all charges
Deals & funding
Mankind Pharma Limited has 29 deals on record (14 secondary share transfers, 12 market trades, 1 funding round), with disclosed funding of ₹74.05 Cr; the latest was in October 2025.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹13.37 Cr | Buyer: Goldman Sachs Bank Europe Se - Odi Seller: Goldman Sachs (Singapore) Pte - Odi |
| Oct 2025 | Market trade | ₹10.31 Cr | Buyer: Goldman Sachs Bank Europe Se - Odi Seller: Goldman Sachs (Singapore) Pte - Odi |
| May 2025 | Market trade | ₹13.39 Cr | Buyer: Goldman Sachs Public Market Fund Seller: Copthall Mauritius Investment Limited |
| Jul 2024 | Market trade | ₹768.49 Cr | Buyer: Morgan Stanley Investment Management, Icici Prudential Mutual Fund A/C Icici Prudential India Opportunities Fund, Icici Prudential Mutual Fund, an individual Seller: Hema Cipef (I) Limited |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Mankind Drugs Private Limited , Mediforce Healthcare Private Limited , 2 individuals |
To see the full deal history of Mankind Pharma Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mankind Pharma Limited has 622 court cases on record: 537 filed by Mankind Pharma, 85 filed against it. 232 cases are pending and 390 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 307 | 32 | 80 |
| District courts | 299 | 45 | 147 |
| Supreme Court | 7 | 3 | 0 |
| NCLAT | 5 | 5 | 5 |
| NCLT | 4 | 0 | 0 |
Cases on record (5 of 622)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Merynova Life Sciences India Private Limited & Ors. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Kindmedics Pharmaceutical India Private Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Comship Medix and Infra Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Get Kind Pharmaceuticals Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Swasth Mankind Healthcare Private Limited | Pending |
To see the full case history of Mankind Pharma Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Mankind Pharma Limited has 3 MSME Form 1 returns on record between 2021 and 2024, listing 998 overdue payments to 142 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 142)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Synokem Lifesciences Private Limited | |||
| N.S. Industries Unit-Ii | |||
| Printman | |||
| Creative Pharma Technologies Private Limited | |||
| Poci Creative LLP |
To see the full MSME payment records of Mankind Pharma Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Mankind Pharma has 22 subsidiary companies and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Qualitek Starch Private Limited | U15134HP2019PTC007684 | |
| Mankind Medicare Private Limited | U21002DL2023PTC419826 | |
| Appian Properties Private Limited | U24100DL2017PTC321898 | |
| Mankind Life Sciences Private Limited | U24100DL2020PTC369904 | |
| Mankind Consumer Healthcare Private Limited | U24230DL2021PTC388536 | |
| Pharmaforce Excipients Private Limited | U24230HP2019PTC007703 |
To see the full group structure of Mankind Pharma Limited, buy the company report.
Employees & EPFO
Mankind Pharma Limited has a workforce of 19,928 employees on its EPFO records as of Oct 10, 2025, across 3 active EPFO establishments.
GST
Mankind Pharma has 35 GST registrations: 29 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM9401C1ZX | Delhi | Active | 01 Jul 2017 |
| 07AAACM9401C2ZW | Delhi | Active | 14 Sep 2017 |
| 02AAACM9401C1Z7 | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACM9401C1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mankind Pharma Limited, buy the company report.
Recent activity
Mankind Pharma Limited has 40 board changes on record since 1991: 25 appointments and 15 cessations. The latest: Anish Vanraj Bafna was appointed as Director on 10 Aug 2026.
111 earlier events are in the company report.
News
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Frequently asked questions
Mankind Pharma is an active public limited company based in New Delhi, Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 03 July 1991 (35+ years old) and is registered under CIN L74899DL1991PLC044843. Listed on BSE: 543904 and NSE: MANKIND.
Mankind Pharma reported revenue of ₹14,278 Cr for FY 2025-26 (up 17% YoY) based on consolidated financials.
Mankind Pharma has 8 current directors:
- Rajeev Juneja - Managing Director
- Sheetal Arora - Whole-Time Director
- Satish Kumar Sharma - Whole-Time Director
- Ramesh Juneja - Whole-Time Director
- Tilokchand Punamchand Ostwal - Director
- Vijaya Sampath - Director
- Vivek Kalra - Director
- Anish Vanraj Bafna - Director
The latest financial statements of Mankind Pharma on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Mankind Pharma is 07AAACM9401C1ZX, registered in Delhi. The company has 35 GST registrations in all, of which 29 are active and 6 are cancelled or inactive. Other active GSTINs include 07AAACM9401C2ZW (Delhi), 02AAACM9401C1Z7 (Himachal Pradesh), 03AAACM9401C1Z5 (Punjab).
The CIN (Corporate Identification Number) of Mankind Pharma is L74899DL1991PLC044843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Mankind Pharma is a listed company as per MCA records. Its shares are listed on both BSE (code: 543904) and NSE (symbol: MANKIND).
Mankind Pharma has 622 court cases on record: 537 filed by the company and 85 filed against it. 232 are pending. Most are in the high courts.
Mankind Pharma was incorporated on 03 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
Mankind Pharma has 29 deals on record (14 secondary share transfers, 12 market trades, 1 funding round), with disclosed funding of ₹74.05 Cr; the latest was in October 2025.
Anish Vanraj Bafna was appointed as Director on 10 Aug 2026. Surendra Lunia ceased to be Director on 18 Feb 2025. Hitesh Kumar Jain was appointed as Company Secretary on 20 Jan 2025. Mankind Pharma has 40 board changes on record in total.