Pfizer Ltd
Pfizer Ltd
HealthcareKey Fundamentals
SmallcapPharmaceuticalsHealthcareInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Pfizer Ltd insights
39 extracted metrics + investor summaries across FY14–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
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 an almost debt-free MNC pharma company with a market cap of ~₹22,874 Cr trading at a PE of ~31x. After two years of revenue decline (FY23: -7%, FY24: -10%), the company returned to growth with FY25 revenue of ₹2,281 Cr (+4%) and FY26 revenue of ₹2,520 Cr (+10.5%). Profit compounding at 10% over 10 years and a consistent 58% dividend payout provide stability, but sluggish 5-year sales CAGR of just 2% and stock returns of -3% over 5 years highlight limited growth momentum.
- Virtually debt-free balance sheet provides financial resilience and flexibility for future investments
- FY26 revenue grew 10.5% YoY to ₹2,520 Cr, marking a clear recovery after two consecutive years of decline
- Consistent dividend payout ratio of 58.3% with FY26 final dividend of ₹75/share, translating to a yield of ~1.5%
- 10-year compounded profit growth of 10% demonstrates long-term earnings consistency
- EBITDA margin improved to 32.4% in FY25 from 29% in FY24, indicating operating leverage and cost discipline
- ROE sustained at 16-18% over 3, 5, and 10-year periods reflects efficient capital allocation for a debt-free company
- Backed by global parent Pfizer Inc., providing access to a pipeline of patented molecules and R&D without significant local spending
- TTM sales growth of 11% and TTM profit growth of 14% indicate the recent growth trajectory is accelerating
- 5-year compounded sales CAGR of only 2% signals structurally low top-line growth versus domestic pharma peers
- PE of ~31x is expensive for a company growing revenue at low single digits over extended periods; 10-year mean PE is 31.6x offering no valuation cushion
- 5-year stock CAGR of -3% shows the stock has destroyed value for medium-term investors despite underlying profit growth
- Q4 FY26 net profit fell 39.6% YoY to ₹200 Cr, indicating earnings volatility and quarter-to-quarter lumpiness
- FY25 full-year net profit of ₹722 Cr declined ~5.9% YoY in FY26 on an annual basis, showing profit growth is inconsistent
- Revenue declined in both FY23 (-7.1%) and FY24 (-9.6%) largely due to tapering of COVID-related products, exposing base-business growth weakness
- Limited product launches and dependence on parent company's pipeline decisions constrains independent growth levers in India
- Market cap of ₹22,874 Cr with a PB of 5.46x leaves limited margin of safety if earnings disappoint
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- CFO resignation in October Jul 27
CFO Amit Agarwal will resign as Executive Director and Board member on October 8, 2026, to pursue an external opportunity, creating a leadership gap in finance.
- Premarin Cream supply halted Jul 16
Pfizer temporarily discontinued Premarin Vaginal Cream in India due to supply challenges, with no confirmed timeline to resume.
- Q2 EPS beats estimates by 12% Aug 4
Pfizer reported Q2 adjusted EPS of $0.77, beating the $0.69 consensus by 11.59%. Sales rose 2.3% YoY to $15.034 billion.
- ₹75 dividend declared at AGM Jul 28
Pfizer approved a ₹75 per share dividend for FY26 at its 75th AGM on July 28, 2026.
- Q1 revenue and margins expand Jul 28
Q1 revenue grew to ₹6.5B from ₹6B YoY, EBITDA margin expanded to 37.9% from 34.83%, and net profit rose to ₹2.04B from ₹1.9B.
- RFID meds partnership with Bluesight Jul 22
Pfizer partnered with Bluesight to provide source-tagged RFID medications under SmartDose, with availability planned for H2 2026.
- Premarin supply under review Jul 16
Pfizer is exploring options to resume Premarin Vaginal Cream supply in India but has not provided a specific restart date.
TL;DR: Pfizer is delivering solid financial performance with Q2 EPS beating estimates by 12% and Q1 showing broad-based margin expansion to 37.9% EBITDA. The ₹75 dividend signals confidence in cash generation. Key risks include the CFO's upcoming departure in October and a temporary product supply disruption. The trend is improving on financials, but leadership continuity and supply chain execution bear watching in the near term.
Quarterly Results
| 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
| 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
| 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
| 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
| 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% |
Documents
Frequently Asked Questions about Pfizer Ltd
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?
How can I research Pfizer Ltd on Tapetide?
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]