Pfizer
Pfizer
HealthcareKey Fundamentals
SmallcapPharmaceuticalsHealthcareTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 58.3%
Weaknesses
1- The company has delivered a poor sales growth of 2.39% over past five years.
Growth Rate
AI Analysis — Bull vs Bear
Pfizer Ltd is a ₹18,312 crore healthcare company. It trades at a P/E of 25.2x and a P/B of 4.41x, is almost debt free and has a dividend yield of 1.85%. Profit has grown faster than sales: 10-year profit CAGR is 10% against 2% for sales, and TTM sales grew 11% after years of low single-digit growth. The stock has returned -19% over 1 year and -7% CAGR over 5 years, while ROE has stayed steady at 16-18%.
- TTM sales growth of 11% is well above the 3-year sales CAGR of 1% and the 5-year CAGR of 2%, which may point to recovering revenue momentum.
- TTM profit growth of 14% continues a record of profit growing faster than sales: 10-year profit CAGR is 10% against 2% for sales, suggesting margin expansion and cost discipline.
- ROE has stayed steady at 16-18% over 3, 5 and 10 years (last year 18%, 10-year 17%), showing consistent capital efficiency.
- The company is almost debt free and has reduced debt further, which lowers financial risk and interest costs for a ₹18,312 crore business.
- A healthy dividend payout of 58.3% supports a dividend yield of 1.85%, a steady cash return to shareholders.
- A P/E of 25.2x is moderate for Indian pharma MNCs, which often trade at higher multiples, especially given 14% TTM profit growth.
- After a -19% 1-year stock return, the valuation has compressed while TTM profit grew 14%, narrowing the gap between price and fundamentals.
- Five-year sales CAGR is only 2.39% and the 10-year sales CAGR is 2%, both likely below nominal GDP and pharma market growth, pointing to weak top-line expansion.
- Three-year sales CAGR of just 1% raises doubts about whether 11% TTM sales growth can last or is a one-off rebound.
- The stock has returned -19% over 1 year and -7% CAGR over 5 years, destroying shareholder value over the medium term despite profit growth.
- A 3-year stock CAGR of 1% means shareholders have seen almost no price appreciation, even with a 3-year profit CAGR of 8%.
- A P/B of 4.41x is a significant premium to book value for a company with about 2% long-term sales growth, which limits room for re-rating.
- Profit growth (10-year CAGR of 10%) has leaned heavily on margin gains rather than volume, and margins cannot expand forever if sales keep growing at around 2%.
- The 3-year ROE of 16% is lower than the 5-year ROE of 18%, a slight softening in capital efficiency over the recent period.
- A 58.3% dividend payout leaves limited retained earnings for reinvestment. This may be one reason sales growth has been limited to 2% over 5 and 10 years.
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- ₹1.26 crore transfer pricing penalty Sep 29
Pfizer Limited received a ₹1.26 crore penalty from the Income Tax Transfer Pricing authority for AY 2023-24. The company plans to appeal and says there is no material impact on its financials.
- $13.9M Minipress XL payout Sep 7
Pfizer Limited will receive a lump sum of $13.9 million (~₹131.38 crore), approved by the Board on September 7, 2026, after discontinuing Minipress XL sales effective the same day. The one-time cash gain comes with the loss of future revenue from the product, which follows Pfizer Inc. USA halting manufacture.
- Policy head Sharad Goswami resigns Sep 18
Sharad Goswami, Senior Director – Policy & Public Affairs, resigned to pursue external opportunities. He ceases to be Senior Management Personnel effective September 25, 2026.
TL;DR: Recent news for Pfizer Ltd is mostly low-impact. The largest item is a one-time ₹131.38 crore payment for discontinuing Minipress XL, which helps near-term earnings but removes a product from the portfolio. The ₹1.26 crore tax penalty and a senior policy executive leaving are not material to financials. The trend is stable rather than improving or worsening, so watch whether Pfizer replaces the lost Minipress XL revenue and how the AY 2023-24 tax appeal turns out.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 531 | 575 | 540 | 547 | 563 | 589 | 538 | 592 | 603 | 642 | 645 | 629 | 653 |
| Expenses | 421 | 393 | 387 | 357 | 385 | 399 | 392 | 364 | 393 | 412 | 417 | 393 | 406 |
| Operating Profit | 111 | 183 | 153 | 189 | 177 | 189 | 146 | 228 | 210 | 230 | 228 | 236 | 248 |
| OPM % | 21% | 32% | 28% | 35% | 32% | 32% | 27% | 38% | 35% | 36% | 35% | 38% | 38% |
| Other Income | 33 | 36 | 44 | 75 | 42 | 43 | 43 | 217 | 67 | 42 | -20 | 50 | 45 |
| Interest | 3 | 3 | 3 | 7 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 1 |
| Depreciation | 16 | 15 | 18 | 14 | 15 | 15 | 15 | 16 | 14 | 14 | 14 | 15 | 14 |
| PBT | 126 | 201 | 176 | 244 | 203 | 215 | 172 | 426 | 260 | 255 | 192 | 269 | 277 |
| Tax % | 26% | 26% | 26% | 27% | 26% | 26% | 26% | 22% | 26% | 26% | 26% | 26% | 26% |
| Net Profit | 94 | 149 | 130 | 179 | 151 | 158 | 128 | 331 | 192 | 189 | 142 | 200 | 204 |
| EPS in Rs | 20.44 | 32.56 | 28.41 | 39.1 | 32.94 | 34.61 | 27.89 | 72.34 | 41.91 | 41.32 | 31 | 43.68 | 44.7 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,853 | 2,012 | 1,966 | 1,969 | 2,082 | 2,152 | 2,239 | 2,611 | 2,425 | 2,193 | 2,281 | 2,520 | 2,570 |
| Expenses | 1,438 | 1,579 | 1,616 | 1,468 | 1,516 | 1,578 | 1,526 | 1,775 | 1,616 | 1,555 | 1,540 | 1,615 | 1,628 |
| Operating Profit | 414 | 433 | 350 | 501 | 566 | 574 | 712 | 836 | 809 | 638 | 742 | 904 | 942 |
| OPM % | 22% | 22% | 18% | 25% | 27% | 27% | 32% | 32% | 33% | 29% | 33% | 36% | 37% |
| Other Income | 44 | 97 | 232 | 114 | 167 | 183 | 81 | 63 | 134 | 185 | 344 | 139 | 116 |
| Interest | 2 | 1 | 2 | 1 | 2 | 11 | 15 | 11 | 13 | 15 | 8 | 10 | 8 |
| Depreciation | 250 | 58 | 63 | 66 | 71 | 103 | 109 | 115 | 106 | 62 | 61 | 58 | 58 |
| PBT | 207 | 470 | 517 | 548 | 660 | 642 | 669 | 773 | 824 | 746 | 1,016 | 976 | 993 |
| Tax % | 66% | 35% | 35% | 34% | 35% | 21% | 26% | 21% | 24% | 26% | 24% | 26% | — |
| Net Profit | 70 | 305 | 337 | 360 | 429 | 509 | 498 | 613 | 624 | 551 | 768 | 722 | 735 |
| EPS in Rs | 15.26 | 66.67 | 73.62 | 78.71 | 93.79 | 111 | 109 | 134 | 136 | 121 | 168 | 158 | 161 |
| Div. Payout % | 82% | 22% | 27% | 25% | 24% | 297% | 32% | 26% | 29% | 29% | 98% | 48% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 1,927 | 2,118 | 2,373 | 2,637 | 2,966 | 3,350 | 2,347 | 2,819 | 3,162 | 3,550 | 4,172 | 4,157 |
| Borrowings | 2 | 2 | 2 | 2 | 2 | 2 | 63 | 39 | 41 | 40 | 108 | 70 |
| Other Liabilities | 638 | 722 | 840 | 1,004 | 926 | 1,007 | 810 | 997 | 752 | 593 | 585 | 649 |
| Total Liabilities | 2,614 | 2,888 | 3,261 | 3,690 | 3,940 | 4,405 | 3,266 | 3,901 | 4,001 | 4,229 | 4,911 | 4,922 |
| Fixed Assets | 944 | 925 | 902 | 950 | 886 | 973 | 894 | 869 | 749 | 713 | 724 | 678 |
| CWIP | 13 | 3 | 15 | 1 | 0 | 1 | 3 | 1 | 8 | 0 | 8 | 20 |
| Investments | 43 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1,614 | 1,923 | 2,343 | 2,739 | 3,054 | 3,432 | 2,369 | 3,030 | 3,244 | 3,516 | 4,180 | 4,224 |
| Total Assets | 2,614 | 2,888 | 3,261 | 3,690 | 3,940 | 4,405 | 3,266 | 3,901 | 4,001 | 4,229 | 4,911 | 4,922 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 113 | 345 | 329 | 332 | 98 | 323 | 427 | 667 | 356 | 257 | 660 | 968 |
| Investing | 68 | -701 | -250 | -238 | 35 | 1,530 | -469 | -575 | -36 | 54 | -71 | -562 |
| Financing | -1 | -62 | -83 | -110 | -110 | -164 | -1,571 | -181 | -346 | -235 | -205 | -798 |
| Net Cash Flow | 181 | -417 | -3 | -17 | 23 | 1,690 | -1,613 | -88 | -26 | 75 | 383 | -392 |
| Free Cash Flow | 93 | 398 | 394 | 262 | 125 | 343 | 410 | 654 | 292 | 291 | 783 | 944 |
| CFO/OP | 62 | 120 | 146 | 105 | 59 | 93 | 89 | 107 | 81 | 64 | 110 | 105 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 26 | 20 | 29 | 30 | 29 | 18 | 20 | 23 | 31 | 31 | 26 |
| Inventory Days | 191 | 167 | 148 | 147 | 189 | 198 | 199 | 173 | 175 | 200 | 214 | 195 |
| Days Payable | 165 | 157 | 178 | 245 | 213 | 197 | 130 | 102 | 91 | 77 | 68 | 89 |
| Cash Conversion Cycle | 58 | 36 | -10 | -69 | 6 | 31 | 87 | 91 | 107 | 154 | 177 | 132 |
| Working Capital Days | 7 | -9 | -47 | -57 | -16 | -8 | 3 | -14 | 1 | 24 | 23 | 9 |
| ROCE % | 24% | 22% | 17% | 21% | 23% | 20% | 23% | 29% | 26% | 22% | 21% | 24% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Pfizer insights
65 extracted metrics + investor summaries across FY06–FY27.
Documents
Frequently Asked Questions about Pfizer
What does Pfizer Ltd do?
Where is Pfizer Ltd (PFIZER) listed?
Which sector does Pfizer Ltd belong to?
What is the market capitalisation of Pfizer Ltd?
What is the PE ratio of Pfizer Ltd?
What is the 52-week high and low of Pfizer Ltd?
Does Pfizer Ltd pay dividends?
What is the Return on Equity (ROE) of Pfizer Ltd?
Company Information
Pfizer Ltd is engaged in manufacturing, marketing, trading and export of pharmaceutical products. It manufactures products through its own facility and also has various independent contract/ third party manufacturers based across the country and sells its products through independent distributors primarily in India.[1] It is the 3rd largest multinational pharmaceutical company in India.[2]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/PFIZER.md for Pfizer Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.