- Valuation
- ₹15,060 Cr

About Marksans Pharma Limited
Data last updated:
Marksans Pharma Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 April 1992 and has been in existence for over 34 years.
Its director Mark Saldanha is #498 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24110MH1992PLC066364. It is a listed company as per MCA records. Its shares are listed on BSE: 524404 and NSE: MARKSANS.
The company has an authorised share capital of ₹69 Cr and a paid-up capital of ₹45.32 Cr. It was formerly known as Tasc Pharmaceuticals Limited and Tasc Industries (India) Limited. It is led by directors including Mark Saldanha (Managing Director) and Sandra Saldanha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 11th Floor Grandeur Veera Desai Extension Road Oshiwara Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,950.94 Cr, a growth of 12.5% compared to the previous year. For the same year it recorded a net profit of ₹416.43 Cr (net margin 14.1%) and EBITDA of ₹600.78 Cr (EBITDA margin 20.4%). The net worth stands at ₹3,023.16 Cr (up 22.5% YoY). Total assets are valued at ₹3,401.97 Cr (up 20.8% YoY).
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Marksans Pharma. As per MCA filings, the company has open charges of ₹226 Cr and satisfied charges of ₹337.16 Cr on record. Court records list 17 cases involving the company, including 6 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marksanspharma.com.
Company details
Name history
Marksans Pharma has undergone 2 name changes throughout its history. The company was previously known as Tasc Pharmaceuticals Limited, and Tasc Industries (India) Limited. The current legal name is Marksans Pharma Limited.
| Company Name | Status |
|---|---|
| Marksans Pharma Limited | Current |
| Tasc Pharmaceuticals Limited | Previous |
| Tasc Industries (India) Limited | Previous |
Recognitions & Rankings of Marksans Pharma
- #498 Mark Saldanha ₹7,000 Cr
Contact details
Marksans Pharma Limited's registered office is in Mumbai, Maharashtra. Its website is marksanspharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor Grandeur Veera Desai Extension Road Oshiwara Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Marksans 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
Marksans Pharma operates one associated brand: Marksans Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical drug formulations are manufactured, developed, and marketed. | marksanspharma.com |
Business activity
The main business activity of Marksans Pharma is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Marksans Pharma Limited, buy the company report.
Financials of Marksans Pharma Limited
FY 2025-26 filings availableMarksans Pharma Limited reported revenue of ₹2,950.94 Cr (up 12.5% 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 | 2,951 | 2,623 | 2,177 | 1,852 | 1,491 | 1,376 | 1,134 |
| Revenue growth | +12.5% | +20.5% | +17.6% | +24.2% | +8.3% | +21.3% | - |
| EBITDA | 601 | 533 | 459 | 339 | 259 | 340 | 192 |
| EBITDA margin | +20.4% | +20.3% | +21.1% | +18.3% | +17.4% | +24.7% | +17.0% |
| Profit before tax | 561 | 504 | 424 | 338 | 248 | 302 | 157 |
| Net profit | 416 | 380 | 314 | 267 | 185 | 236 | 121 |
| Net profit margin | +14.1% | +14.5% | +14.4% | +14.4% | +12.4% | +17.1% | +10.6% |
| EPS (₹) | 9.22 | 8.40 | 6.92 | 5.88 | 4.51 | 5.76 | 2.95 |
| Balance sheet | |||||||
| Total assets | 3,402 | 2,817 | 2,335 | 1,891 | 1,336 | 947 | 685 |
| Net worth | 3,023 | 2,467 | 2,065 | 1,745 | 1,202 | 886 | 636 |
| Total debt | 343 | 322 | 244 | 123 | 111 | 34.10 | 29.65 |
| Cash & bank | 990 | 704 | 674 | 715 | 349 | 212 | 93.73 |
| Net working capital | 2,269 | 1,785 | 1,500 | 1,391 | 914 | 628 | 387 |
| Cash flow | |||||||
| Cash from operations | 458 | 207 | 230 | 237 | 99.26 | 179 | 233 |
| Cash from investing | (249) | (49.01) | (141) | (259) | (84.39) | (44.85) | (59.58) |
| Cash from financing | (70.93) | (65.15) | (68.73) | 198 | 79.51 | (15.29) | (114) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 940 | 841 | 856 | 754 | 720 | 620 | 708 | 682 |
| Revenue growth (YoY) | +30.5% | +35.6% | +20.8% | +10.6% | +12.2% | +5.0% | - | - |
| Other income | 18.15 | 25.40 | 35.17 | 20.14 | 21.57 | 5.64 | 15.34 | 27.85 |
| EBITDA | 214 | 213 | 195 | 161 | 144 | 100 | 127 | 139 |
| EBITDA margin | +22.8% | +25.3% | +22.8% | +21.3% | +20.1% | +16.1% | +17.9% | +20.4% |
| Depreciation | 32.11 | 24.86 | 24.29 | 24.33 | 26.92 | 23.10 | 22.74 | 20.69 |
| Interest | 6.83 | 7.00 | 6.31 | 5.94 | 5.82 | 6.07 | 3.44 | 2.67 |
| Profit before tax | 194 | 207 | 200 | 151 | 133 | 76.59 | 116 | 143 |
| Tax | 49.98 | 47.16 | 50.97 | 36.94 | 34.20 | 18.40 | 25.37 | 38.19 |
| Net profit | 144 | 159 | 149 | 114 | 99.12 | 58.19 | 90.73 | 105 |
| EPS (₹) | 3.11 | 3.47 | 3.27 | 2.50 | 2.17 | 1.29 | 2.00 | 2.31 |
| 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 | 1,341 | 1,174 | 853 | 655 | 658 | 600 | 433 |
| Revenue growth | +14.2% | +37.6% | +30.2% | -0.5% | +9.8% | +38.3% | - |
| EBITDA | 324 | 208 | 140 | 91.90 | 114 | 114 | 71.50 |
| EBITDA margin | +24.1% | +17.7% | +16.4% | +14.0% | +17.3% | +19.0% | +16.5% |
| Profit before tax | 392 | 243 | 172 | 132 | 134 | 124 | 52.74 |
| Net profit | 299 | 187 | 134 | 103 | 104 | 98.37 | 37.88 |
| Net profit margin | +22.3% | +16.0% | +15.7% | +15.7% | +15.8% | +16.4% | +8.7% |
| EPS (₹) | 6.64 | 4.15 | 2.95 | 2.27 | 2.54 | 2.40 | 0.93 |
| Balance sheet | |||||||
| Total assets | 1,670 | 1,400 | 1,235 | 1,122 | 801 | 621 | 523 |
| Net worth | 1,652 | 1,383 | 1,223 | 1,111 | 785 | 600 | 506 |
| Total debt | 12.13 | 10.84 | 8.13 | 7.69 | 14.31 | 14.37 | 10.81 |
| Cash & bank | 447 | 269 | 312 | 440 | 224 | 106 | 3.35 |
| Net working capital | 1,002 | 738 | 649 | 699 | 434 | 260 | 178 |
| Cash flow | |||||||
| Cash from operations | 211 | 31.02 | 34.05 | 51.73 | 55.97 | 107 | 108 |
| Cash from investing | (141) | 17.24 | (114) | (195) | (128) | 8.87 | (24.15) |
| Cash from financing | (39.23) | (29.92) | (26.22) | 210 | 70.86 | (13.53) | (81.87) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 314 | 321 | 362 | 340 | 320 | 320 | 299 | 312 |
| Revenue growth (YoY) | -2.1% | +0.5% | +20.8% | +8.9% | +3.8% | +25.6% | - | - |
| Other income | 57.24 | 17.47 | 27.48 | 15.86 | 58.19 | 2.01 | 6.64 | 22.51 |
| Total expenses | 261 | 239 | 256 | 264 | 248 | 250 | 248 | 252 |
| EBITDA | 52.35 | 82.11 | 106 | 75.45 | 72.07 | 70.05 | 51.76 | 59.94 |
| EBITDA margin | +16.7% | +25.6% | +29.3% | +22.2% | +22.5% | +21.9% | +17.3% | +19.2% |
| Depreciation | 9.05 | 8.78 | 8.76 | 8.83 | 8.46 | 8.19 | 8.18 | 7.42 |
| Interest | 0.34 | 0.34 | 0.35 | 0.36 | 0.32 | 0.30 | 0.31 | 0.30 |
| Profit before tax | 100 | 90.46 | 124 | 82.12 | 121 | 63.57 | 49.91 | 74.73 |
| Tax | 14.67 | 21.42 | 32.44 | 21.21 | 21.69 | 15.52 | 12.31 | 19.26 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 940 | 841 | 856 | 754 | 720 | 620 | 708 | 682 |
| Revenue growth (YoY) | +30.5% | +35.6% | +20.8% | +10.6% | +12.2% | +5.0% | - | - |
| Other income | 18.15 | 25.40 | 35.17 | 20.14 | 21.57 | 5.64 | 15.34 | 27.85 |
| EBITDA | 214 | 213 | 195 | 161 | 144 | 100 | 127 | 139 |
| EBITDA margin | +22.8% | +25.3% | +22.8% | +21.3% | +20.1% | +16.1% | +17.9% | +20.4% |
| Depreciation | 32.11 | 24.86 | 24.29 | 24.33 | 26.92 | 23.10 | 22.74 | 20.69 |
| Interest | 6.83 | 7.00 | 6.31 | 5.94 | 5.82 | 6.07 | 3.44 | 2.67 |
| Profit before tax | 194 | 207 | 200 | 151 | 133 | 76.59 | 116 | 143 |
| Tax | 49.98 | 47.16 | 50.97 | 36.94 | 34.20 | 18.40 | 25.37 | 38.19 |
| Net profit | 144 | 159 | 149 | 114 | 99.12 | 58.19 | 90.73 | 105 |
| EPS (₹) | 3.11 | 3.47 | 3.27 | 2.50 | 2.17 | 1.29 | 2.00 | 2.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,951 | 2,623 | 2,177 | 1,852 | 1,491 | 1,376 | 1,134 |
| Revenue growth | +12.5% | +20.5% | +17.6% | +24.2% | +8.3% | +21.3% | - |
| Other income | 82.53 | 66.33 | 50.42 | 59.31 | 41.85 | 6.69 | 0.33 |
| Total expenses | 2,350 | 2,090 | 1,719 | 1,513 | 1,232 | 1,037 | 942 |
| Employee cost | 421 | 350 | 294 | 239 | 220 | 197 | 168 |
| EBITDA | 601 | 533 | 459 | 339 | 259 | 340 | 192 |
| EBITDA margin | +20.4% | +20.3% | +21.1% | +18.3% | +17.4% | +24.7% | +17.0% |
| Depreciation | 98.63 | 83.39 | 74.27 | 51.85 | 44.78 | 36.15 | 26.66 |
| Interest | 24.13 | 11.66 | 11.20 | 9.13 | 8.45 | 7.99 | 8.75 |
| Profit before tax | 561 | 504 | 424 | 338 | 248 | 302 | 157 |
| Tax | 140 | 121 | 109 | 72.33 | 60.70 | 63.62 | 36.42 |
| Net profit | 416 | 380 | 314 | 267 | 185 | 236 | 121 |
| Net profit margin | +14.1% | +14.5% | +14.4% | +14.4% | +12.4% | +17.1% | +10.6% |
| EPS (₹) | 9.22 | 8.40 | 6.92 | 5.88 | 4.51 | 5.76 | 2.95 |
| 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 | 45.32 | 45.32 | 45.32 | 45.32 | 40.93 | 40.93 | 40.93 |
| Reserves & surplus | 2,978 | 2,422 | 2,020 | 1,700 | 1,068 | 846 | 595 |
| Shareholders' funds (net worth) | 3,023 | 2,467 | 2,065 | 1,745 | 1,202 | 886 | 636 |
| Minority interest | 29.52 | 22.47 | 20.85 | 19.91 | 20.70 | 18.86 | 13.11 |
| Secured loans | 29.59 | 23.09 | 29.09 | 41.59 | 41.29 | 18.74 | 18.89 |
| Unsecured loans | 314 | 299 | 215 | 81.36 | 69.49 | 15.36 | 10.76 |
| Total debt | 343 | 322 | 244 | 123 | 111 | 34.10 | 29.65 |
| Total liabilities | 3,402 | 2,817 | 2,335 | 1,891 | 1,336 | 947 | 685 |
| Assets | |||||||
| Gross block | 1,605 | 1,413 | 1,193 | 828 | 726 | 552 | 563 |
| Net block | 1,044 | 982 | 776 | 486 | 428 | 309 | 303 |
| Capital work in progress | 58.58 | 27.11 | 9.42 | 9.87 | 2.57 | 11.68 | 0.00 |
| Investments | 0.00 | 0.74 | 26.99 | 0.54 | 0.44 | 0.26 | 0.00 |
| Inventories | 972 | 846 | 618 | 485 | 424 | 404 | 242 |
| Sundry debtors | 645 | 540 | 453 | 417 | 395 | 272 | 243 |
| Cash & bank balances | 990 | 704 | 674 | 715 | 349 | 212 | 93.73 |
| Loans & advances | 116 | 114 | 90.80 | 58.22 | 32.28 | 14.11 | 14.66 |
| Total current assets | 2,723 | 2,203 | 1,836 | 1,675 | 1,201 | 903 | 594 |
| Total current liabilities | 454 | 419 | 336 | 284 | 287 | 274 | 207 |
| Net working capital | 2,269 | 1,785 | 1,500 | 1,391 | 914 | 628 | 387 |
| Total assets | 3,402 | 2,817 | 2,335 | 1,891 | 1,336 | 947 | 685 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 496 | 403 | 382 | 206 | 112 | 93.73 | 33.54 |
| Net cash from operating activities | 458 | 207 | 230 | 237 | 99.26 | 179 | 233 |
| Net cash from investing activities | (249) | (49.01) | (141) | (259) | (84.39) | (44.85) | (59.58) |
| Net cash from financing activities | (70.93) | (65.15) | (68.73) | 198 | 79.51 | (15.29) | (114) |
| Net change in cash | 138 | 92.51 | 20.84 | 176 | 94.38 | 118 | 60.19 |
| Closing cash | 990 | 704 | 674 | 715 | 349 | 212 | 93.73 |
| 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 | +12.5% | +20.5% | +17.6% | +24.2% | +8.3% | +21.3% | - |
| EBITDA growth | +12.8% | +16.2% | +35.2% | +31.1% | -23.8% | +76.7% | - |
| PBT growth | +11.2% | +19.0% | +25.4% | +36.4% | -18.1% | +92.3% | +50.7% |
| Net income growth | +9.7% | +21.1% | +17.7% | +44.4% | -21.8% | +95.4% | - |
| Revenue CAGR (3Y) | +16.8% | +20.7% | +16.5% | +17.8% | +14.2% | +14.7% | +13.9% |
| EBITDA CAGR (3Y) | +21.0% | +27.2% | +10.5% | +20.9% | +25.1% | +63.0% | +62.6% |
| Profitability & leverage | |||||||
| Net income margin | +14.2% | +14.6% | +14.5% | +14.3% | +12.5% | +17.3% | +10.7% |
| Return on capital employed | +19.0% | +20.2% | +20.8% | +21.8% | +22.8% | +38.8% | +25.0% |
| Return on net worth | +15.3% | +16.9% | +16.5% | +18.0% | +17.9% | +31.3% | +20.5% |
| Debt / equity | 0.12 | 0.12 | 0.10 | 0.08 | 0.07 | 0.04 | 0.11 |
| Long-term debt / equity | 0.10 | 0.10 | 0.07 | 0.04 | 0.02 | 0.01 | 0.01 |
| Interest cover | 4.81 | 2.60 | 2.91 | 3.18 | 3.95 | 2.63 | 5.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.96 | 2.01 | 2.15 | 2.38 | 2.33 | 2.47 | 2.12 |
| Inventory turnover | 3.25 | 3.58 | 3.95 | 4.07 | 3.60 | 4.26 | 4.24 |
| Debtors turnover | 4.98 | 5.28 | 5.01 | 4.56 | 4.47 | 5.34 | 5.40 |
| EPS (₹) | 9.22 | 8.40 | 6.92 | 5.88 | 4.51 | 5.76 | 2.95 |
| Dividend per share (₹) | 0.90 | 0.80 | 0.60 | 0.50 | 0.25 | 0.25 | 0.10 |
| Book value per share (₹) | 66.71 | 54.44 | 45.57 | 38.51 | 27.10 | 21.66 | 15.54 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 314 | 321 | 362 | 340 | 320 | 320 | 299 | 312 |
| Revenue growth (YoY) | -2.1% | +0.5% | +20.8% | +8.9% | +3.8% | +25.6% | - | - |
| Other income | 57.24 | 17.47 | 27.48 | 15.86 | 58.19 | 2.01 | 6.64 | 22.51 |
| Total expenses | 261 | 239 | 256 | 264 | 248 | 250 | 248 | 252 |
| EBITDA | 52.35 | 82.11 | 106 | 75.45 | 72.07 | 70.05 | 51.76 | 59.94 |
| EBITDA margin | +16.7% | +25.6% | +29.3% | +22.2% | +22.5% | +21.9% | +17.3% | +19.2% |
| Depreciation | 9.05 | 8.78 | 8.76 | 8.83 | 8.46 | 8.19 | 8.18 | 7.42 |
| Interest | 0.34 | 0.34 | 0.35 | 0.36 | 0.32 | 0.30 | 0.31 | 0.30 |
| Profit before tax | 100 | 90.46 | 124 | 82.12 | 121 | 63.57 | 49.91 | 74.73 |
| Tax | 14.67 | 21.42 | 32.44 | 21.21 | 21.69 | 15.52 | 12.31 | 19.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,341 | 1,174 | 853 | 655 | 658 | 600 | 433 |
| Revenue growth | +14.2% | +37.6% | +30.2% | -0.5% | +9.8% | +38.3% | - |
| Other income | 104 | 65.79 | 62.07 | 60.48 | 42.25 | 31.16 | 0.17 |
| Total expenses | 1,018 | 966 | 713 | 563 | 545 | 486 | 362 |
| Employee cost | 122 | 102 | 77.19 | 56.09 | 60.46 | 54.64 | 48.51 |
| EBITDA | 324 | 208 | 140 | 91.90 | 114 | 114 | 71.50 |
| EBITDA margin | +24.1% | +17.7% | +16.4% | +14.0% | +17.3% | +19.0% | +16.5% |
| Depreciation | 34.23 | 29.45 | 29.13 | 16.74 | 17.66 | 15.19 | 11.64 |
| Interest | 1.33 | 1.17 | 0.99 | 3.61 | 3.80 | 5.35 | 7.29 |
| Profit before tax | 392 | 243 | 172 | 132 | 134 | 124 | 52.74 |
| Tax | 90.84 | 54.98 | 38.14 | 29.17 | 30.52 | 25.95 | 14.83 |
| Net profit | 299 | 187 | 134 | 103 | 104 | 98.37 | 37.88 |
| Net profit margin | +22.3% | +16.0% | +15.7% | +15.7% | +15.8% | +16.4% | +8.7% |
| EPS (₹) | 6.64 | 4.15 | 2.95 | 2.27 | 2.54 | 2.40 | 0.93 |
| 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 | 45.32 | 45.32 | 45.32 | 45.32 | 40.93 | 40.93 | 40.93 |
| Reserves & surplus | 1,607 | 1,338 | 1,177 | 1,066 | 651 | 559 | 465 |
| Shareholders' funds (net worth) | 1,652 | 1,383 | 1,223 | 1,111 | 785 | 600 | 506 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 |
| Unsecured loans | 12.13 | 10.84 | 8.13 | 7.69 | 14.31 | 14.37 | 10.76 |
| Total debt | 12.13 | 10.84 | 8.13 | 7.69 | 14.31 | 14.37 | 10.81 |
| Total liabilities | 1,670 | 1,400 | 1,235 | 1,122 | 801 | 621 | 523 |
| Assets | |||||||
| Gross block | 603 | 555 | 421 | 319 | 301 | 277 | 247 |
| Net block | 398 | 383 | 272 | 144 | 136 | 129 | 115 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 3.91 | 0.00 | 0.00 | 0.00 |
| Investments | 267 | 266 | 293 | 266 | 237 | 236 | 236 |
| Inventories | 189 | 205 | 191 | 131 | 104 | 93.69 | 74.60 |
| Sundry debtors | 623 | 550 | 370 | 305 | 247 | 169 | 162 |
| Cash & bank balances | 447 | 269 | 312 | 440 | 224 | 106 | 3.35 |
| Loans & advances | 49.73 | 58.00 | 47.46 | 36.52 | 14.92 | 2.89 | 4.23 |
| Total current assets | 1,309 | 1,081 | 921 | 913 | 589 | 371 | 244 |
| Total current liabilities | 307 | 343 | 271 | 214 | 156 | 111 | 66.08 |
| Net working capital | 1,002 | 738 | 649 | 699 | 434 | 260 | 178 |
| Total assets | 1,670 | 1,400 | 1,235 | 1,122 | 801 | 621 | 523 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 60.27 | 41.93 | 148 | 81.19 | 82.42 | 3.35 | 1.80 |
| Net cash from operating activities | 211 | 31.02 | 34.05 | 51.73 | 55.97 | 107 | 108 |
| Net cash from investing activities | (141) | 17.24 | (114) | (195) | (128) | 8.87 | (24.15) |
| Net cash from financing activities | (39.23) | (29.92) | (26.22) | 210 | 70.86 | (13.53) | (81.87) |
| Net change in cash | 30.98 | 18.34 | (106) | 67.12 | (1.23) | 102 | 1.55 |
| Closing cash | 447 | 269 | 312 | 440 | 224 | 106 | 3.35 |
| 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 | +14.2% | +37.6% | +30.2% | -0.5% | +9.8% | +38.3% | - |
| EBITDA growth | +55.5% | +48.7% | +52.3% | -19.2% | -0.0% | +59.1% | - |
| PBT growth | +61.0% | +41.5% | +30.2% | -1.8% | +8.2% | +135.8% | -5.8% |
| Net income growth | +59.6% | +40.2% | +29.9% | -1.0% | +5.7% | +159.7% | - |
| Revenue CAGR (3Y) | +27.0% | +21.3% | +12.5% | +14.8% | +15.8% | +26.7% | +26.2% |
| EBITDA CAGR (3Y) | +52.1% | +22.3% | +7.2% | +8.7% | +21.5% | +57.5% | +42.9% |
| Profitability & leverage | |||||||
| Net income margin | +22.4% | +16.0% | +15.7% | +15.7% | +15.8% | +16.4% | +8.8% |
| Return on capital employed | +25.6% | +18.6% | +14.7% | +14.1% | +19.5% | +22.0% | +10.2% |
| Return on net worth | +19.8% | +14.5% | +11.5% | +10.9% | +15.0% | +17.3% | +7.1% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.09 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
| Interest cover | 0.46 | 0.65 | 0.89 | 4.80 | 3.96 | 5.43 | 12.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.32 | 2.41 | 2.31 | 2.11 | 2.28 | 2.29 | 1.84 |
| Inventory turnover | 6.80 | 5.93 | 5.30 | 5.58 | 6.67 | 7.13 | 5.98 |
| Debtors turnover | 2.29 | 2.55 | 2.53 | 2.37 | 3.17 | 3.62 | 2.55 |
| EPS (₹) | 6.64 | 4.15 | 2.95 | 2.27 | 2.54 | 2.40 | 0.93 |
| Dividend per share (₹) | 0.90 | 0.80 | 0.60 | 0.50 | 0.25 | 0.25 | 0.10 |
| Book value per share (₹) | 36.46 | 30.53 | 26.98 | 24.52 | 16.90 | 14.65 | 12.35 |
To see the full year-wise statements and ratios of Marksans Pharma Limited, buy the company report.
Board of directors of Marksans Pharma Limited
Marksans Pharma has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandra Saldanha | Whole-Time Director | 25 Sep 2014 | 12 Years 1 Months | Current |
| Varddhman Vikramaditya Jain | Whole-Time Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Abhinna Mohanty Sundar | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Mark Saldanha | Managing Director | 06 Oct 2015 | 11 Years 1 Months | Current |
| Digant Mahesh Parikh | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Sunny Sharma Also directs: Advanced Enzyme Technologies Limited, Lattice Medtech Private Limited, Arcatron Mobility Private Limited and 5 more | Director | 11 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Marksans Pharma Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (manufacture of basic pharmaceutical products and pharmaceutical preparations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marksans Pharma Limitedthis company | ₹2,950.94 Cr (FY 2026) | ₹416.43 Cr | 14.1% | 12.5% | 95 | Mumbai, Maharashtra, India |
| Eris Lifesciences Limited | ₹2,912 Cr (FY 2025) | 43.0% | Ahmedabad, Gujarat, India | |||
| Pfizer Limited | ₹2,453.6 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| FDC Limited | ₹2,198.78 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Unichem Laboratories Limited | ₹2,146.29 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Caplin Point Laboratories Limited | ₹2,033.9 Cr (FY 2025) | 15.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Marksans Pharma Limited, buy the company report.
Auditor
Marksans Pharma Limited is audited by M S K A & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2024 | 105047W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 43.90%, foreign institutional investors hold 17.50%, domestic institutional investors hold 6.20% and retail and other public shareholders hold 32.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 43.90% | 43.90% | 43.90% | 43.90% |
| Public | 56.10% | 56.10% | 56.10% | 56.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2006 | 80034914 | State Bank of India | ₹226 Cr | Open | |
| 07 Sep 2017 | 100125187 | State Bank of India | ₹66.8 Cr | Satisfied | |
| 23 Jun 2015 | 10604294 | State Bank of India | ₹44.41 Cr | Satisfied | |
| 23 Dec 2013 | 10471042 | Bank of India | ₹4 Cr | Satisfied | |
| 13 Aug 2010 | 10241328 | Bank of India | ₹6 Cr | Satisfied |
To see the full charge records of Marksans Pharma Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Marksans Pharma Limited has 17 court cases on record: 6 filed by Marksans Pharma, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 0 |
| District courts | 8 | 5 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by Galpha Laboratories Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Pilco Pharma Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Indiabulls Securities Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Ms. Shreechem Pharmaceuticals Pvt Ltd 2 Othe and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
To see the full case history of Marksans 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.
Credit ratings & regulatory alerts
Marksans Pharma Limited was last rated by Indiarating on 29 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 29 Jun 2021 |
To see the full credit ratings and regulatory alerts of Marksans Pharma Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marksans Pharma Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marksans Pharma Limited has a workforce of 95 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Marksans Pharma Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marksans Pharma Limited has 29 board changes on record since 2005: 19 appointments and 10 cessations. The latest: Seetharama Raju Buddharaju ceased to be Director on 01 Apr 2025.
85 earlier events are in the company report.
News
Frequently asked questions
Marksans Pharma is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 16 April 1992 (34+ years old) and is registered under CIN L24110MH1992PLC066364. Listed on BSE: 524404 and NSE: MARKSANS.
Marksans Pharma reported revenue of ₹2,950.94 Cr for FY 2025-26 (up 12.5% YoY) based on consolidated financials.
Marksans Pharma has 8 current directors:
- Mark Saldanha - Managing Director
- Sandra Saldanha - Whole-Time Director
- Varddhman Vikramaditya Jain - Whole-Time Director
- Abhinna Mohanty Sundar - Director
- Digant Mahesh Parikh - Director
- Sunny Sharma - Director
- Srinivas Mishra - Director
- Shailaja Vardhan - Director
The latest financial statements of Marksans Pharma on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 August 2026. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Marksans Pharma is L24110MH1992PLC066364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Marksans Pharma is a listed company as per MCA records. Its shares are listed on both BSE (code: 524404) and NSE (symbol: MARKSANS).
Marksans Pharma has 17 court cases on record: 6 filed by the company and 11 filed against it. Most are in the high courts.
Marksans Pharma was incorporated on 16 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Marksans Pharma by revenue are Eris Lifesciences Limited, Pfizer Limited, FDC Limited, Unichem Laboratories Limited, Caplin Point Laboratories Limited, all in the Pharma industry (Formulations), with the same principal business activity (manufacture of basic pharmaceutical products and pharmaceutical preparations).
Seetharama Raju Buddharaju ceased to be Director on 01 Apr 2025. Srinivas Mishra was appointed as Director on 01 Apr 2025. Meena Rani Surana ceased to be Director on 30 May 2023. Marksans Pharma has 29 board changes on record in total.
Marksans Pharma can be reached through the website marksanspharma.com. Its registered office is in Mumbai, Maharashtra, India.

