---
title: "Piramal Phytocare Ltd(Merged) (PIRPHYTO) — Share Price, Financials & Analysis"
symbol: "PIRPHYTO"
company: "Piramal Phytocare Ltd(Merged)"
canonical: "https://tapetide.com/stocks/PIRPHYTO"
isin: "INE122J01015"
nse_symbol: "PIRPHYTO"
sector: "Healthcare"
industry: "Pharmaceuticals & Biotechnology"
generated_at: "2026-09-13T19:03:43.822Z"
---

# Piramal Phytocare Ltd(Merged) (PIRPHYTO)

Canonical page: https://tapetide.com/stocks/PIRPHYTO

## Company

- **NSE Symbol:** PIRPHYTO
- **ISIN:** INE122J01015
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals & Biotechnology
- **Macro Sector:** Healthcare
- **Stock Type:** DELISTED
- **Listed Since:** 2008-05-29
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** piramalphytocare.com

## About

Piramal Phytocare is engaged in manufacturing & marketing / trading of pharmaceutical products.(Source : 201903 Annual Report Page No: 55)

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 49% | — | -45% |
| revenue growth | 9% | 58% | 33% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.41 | 0.91 | 3.62 | 12.16 | 5.87 | 2.16 | 6.92 | 6.18 | 7.24 | 4.78 | 3.87 | 7.12 |
| Expenses | 0.92 | 1.33 | 8.21 | 15.43 | 12.04 | 10.76 | 9.95 | 7.44 | 7.81 | 7.42 | 7.31 | 8.73 |
| Operating Profit | 0.49 | -0.42 | -4.59 | -3.27 | -6.17 | -8.6 | -3.03 | -1.26 | -0.57 | -2.64 | -3.44 | -1.61 |
| OPM % | 34.75 | -46.15 | -126.8 | -26.89 | -105.11 | -398.15 | -43.79 | -20.39 | -7.87 | -55.23 | -88.89 | -22.61 |
| Other Income | 0.05 | 0.1 | 0.04 | 0.04 | 0.13 | 0.01 | 0.05 | 0 | 0 | 0 | 0 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0.12 | 0.32 | 0.31 | 0.36 | 0.39 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | 0.03 |
| Profit before tax | 0.53 | -0.33 | -4.56 | -3.24 | -6.05 | -8.62 | -2.99 | -1.39 | -0.9 | -2.96 | -3.84 | -2.02 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.53 | -0.33 | -4.56 | -3.24 | -6.05 | -8.62 | -2.99 | -1.39 | -0.9 | -2.96 | -3.84 | -2.02 |
| EPS in Rs | 0.2 | -0.13 | -1.75 | -1.25 | -2.33 | -3.32 | -1.15 | -0.53 | -0.35 | -1.14 | -1.48 | -0.78 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 15.81 | 2.85 | 5.24 | 5.96 | 4.54 | 6.32 | 4.13 | 23.81 | 25.12 | 23.01 |
| Expenses | 108.78 | 5.67 | 7.65 | 5.8 | 3.73 | 5.19 | 4.19 | 46.43 | 32.62 | 31.27 |
| Operating Profit | -92.97 | -2.82 | -2.41 | 0.16 | 0.81 | 1.13 | -0.06 | -22.62 | -7.5 | -8.26 |
| OPM % | -588.05 | -98.95 | -45.99 | 2.68 | 17.84 | 17.88 | -1.45 | -95 | -29.86 | -35.9 |
| Other Income | -0.13 | 0.33 | 0.71 | 0.22 | 0.37 | 0.26 | 0.29 | 0.22 | 0.05 | 0.01 |
| Interest | 38.55 | 0 | 0.04 | 0 | 0 | 0 | 0 | 0.02 | 0.75 | 1.38 |
| Depreciation | 11.33 | 4.62 | 4.62 | 4.61 | 4.64 | 4.63 | 0.04 | 0.04 | 0.04 | 0.09 |
| Profit before tax | -142.98 | -7.11 | -6.36 | -4.23 | -3.46 | -3.24 | 0.19 | -22.46 | -8.24 | -9.72 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -142.98 | -7.11 | -6.36 | -4.23 | -3.46 | -3.24 | 0.19 | -22.47 | -8.24 | -9.72 |
| EPS in Rs | -56.07 | -2.73 | -2.45 | -1.63 | -1.33 | -1.25 | 0.07 | -8.64 | -3.17 | -3.75 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 25.45 | 25.45 | 25.96 | 25.96 | 25.96 | 25.96 | 25.96 | 25.96 | 25.96 | 25.96 |
| Reserves | -172.37 | -314.62 | -3.64 | -10 | -14.23 | -17.69 | -20.97 | -20.91 | -43.39 | -51.5 |
| Borrowings | 327.5 | 484.5 | 0 | 0.25 | 0 | 0 | 0 | 0 | 0 | 13.44 |
| Other Liabilities | 25.36 | 32.96 | 2 | 0.57 | 0.94 | 0.52 | 1.24 | 0.68 | 25.53 | 20.04 |
| Total Liabilities | 205.94 | 228.29 | 24.32 | 16.78 | 12.67 | 8.79 | 6.23 | 5.73 | 8.1 | 7.94 |
| Fixed Assets | 89.14 | 201.23 | 18.91 | 14.29 | 9.68 | 5.03 | 0.4 | 0.36 | 0.31 | 0.27 |
| CWIP | 91.8 | 2.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 25 | 24.47 | 5.41 | 2.49 | 2.99 | 3.76 | 5.83 | 5.37 | 7.79 | 7.67 |
| Total Assets | 205.94 | 228.29 | 24.32 | 16.78 | 12.67 | 8.79 | 6.23 | 5.73 | 8.1 | 7.94 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -118.3 | -99.24 | -1.66 | -2.91 | 1.06 | 0.06 | 2.19 | -0.47 | -0.95 | -13.7 |
| Cash from Investing Activity | -43.46 | -34.77 | -0.3 | 0 | -0.01 | -0.61 | -1.34 | -0.35 | 2.55 | 0 |
| Cash from Financing Activity | 168.72 | 129.08 | 0.51 | 0.25 | -0.29 | 0 | 0 | 0 | 0 | 12.78 |
| Net Cash Flow | 6.96 | -4.93 | -1.45 | -2.66 | 0.76 | -0.55 | 0.85 | -0.81 | 1.6 | -0.92 |
| Free Cash Flow | -161.76 | -134.02 | -1.68 | -2.91 | 1.06 | 0.06 | 2.19 | -0.47 | -0.95 | -13.7 |
| CFO/OP | 117 | 106 | 59 | 121 | 662 | 7 | 194 | 783 | 5 | 183 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 62.71 | 30.01 | 238.21 | 121.2 | 87.58 | 147.13 | 84.9 | 109.59 | 15.33 | 9.3 |
| Inventory Days | 653.96 | 1749.39 | 27.75 | 0 | 0 | 68.19 | 77 | 68.16 | 9.33 | 5.84 |
| Days Payable | 2937.97 | 4333.07 | 166.49 | — | — | 88.24 | 89.32 | 85.75 | 84.54 | 914.45 |
| Cash Conversion Cycle | -2221.31 | -2553.67 | 99.47 | 121.2 | 87.58 | 127.07 | 72.58 | 92 | -59.89 | -899.31 |
| Working Capital Days | -563.77 | -388.78 | 10.25 | 87.77 | 36.74 | 148.73 | 56.02 | 126.38 | -300.16 | -197.47 |
| ROCE % | -75.03 | -55.44 | -6.53 | -32.81 | -30.28 | -34.6 | -48.87 | 3.78 | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 57.54% | 56.08% | 56.08% | 56.08% |
| FIIs | 0.64% | 0.64% | 0.64% | 0.64% |
| DIIs | 3.44% | 3.38% | 3.38% | 3.37% |
| Public | 38.38% | 38.45% | 38.45% | 38.45% |
| Others | 0% | 1.46% | 1.46% | 1.46% |
| No. of Shareholders | 53306 | 50668 | 48622 | 47837 |

### Quarterly

| Category | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.54% | 57.54% | 57.54% | 57.54% | 56.08% | 56.08% | 56.08% | 56.08% | 56.08% | 56.08% | 56.08% | 56.08% |
| FIIs | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
| DIIs | 3.41% | 3.44% | 3.42% | 3.38% | 3.38% | 3.38% | 3.38% | 3.38% | 3.38% | 3.38% | 3.38% | 3.37% |
| Public | 38.41% | 38.38% | 38.4% | 38.44% | 38.44% | 38.45% | 38.45% | 38.45% | 38.45% | 38.45% | 38.45% | 38.45% |
| Others | 0% | 0% | 0% | 0% | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% |
| No. of Shareholders | 53701 | 53306 | 52693 | 52269 | 50836 | 50668 | 50213 | 49589 | 49164 | 48622 | 48182 | 47837 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 238.22 | Sell |
| EMA (10) | 237.48 | Sell |
| SMA (20) | 252.92 | Sell |
| EMA (20) | 252.36 | Sell |
| SMA (50) | 296.61 | Sell |
| EMA (50) | 283.85 | Sell |
| SMA (100) | 325.83 | Sell |
| EMA (100) | 309.47 | Sell |
| SMA (200) | 357.38 | Sell |
| EMA (200) | 300.33 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 24.43 | Buy |
| MACD (12,26,9) | -19.57 | Sell |
| Stochastic (14,3,3) | 11.42 | Buy |
| ADX (14) | 41.28 | Buy |
| Williams %R (14) | -80 | Neutral |
| ATR (14) | 14.05 | High Volatility |
| ROC (12) | -13.29 | Sell |
| Stoch RSI (14) | 51.91 | Neutral |
| UO (7,14,28) | 32.18 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 5 Nov 2019 - The National Company Law Tribunal, Mumbai Bench ('NCLT'), has vide its Order dated 4th November, 2019 approved the Scheme of Amalgamation of Piramal Enterprises Limited … | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 5 Nov 2019 - The National Company Law Tribunal, Mumbai Bench ('NCLT'), has vide its Order dated 4th November, 2019 approved the Scheme of Amalgamation of Piramal Enterprises Limited …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b49d4b6a-ef9f-4c21-a3fc-949c44db8bfd.pdf) |
| 5 Nov 2019 - The National Company Law Tribunal, Mumbai Bench ('NCLT'), has vide its Order dated 4th November, 2019 approved the Scheme of Amalgamation of Piramal Enterprises Limited … | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 5 Nov 2019 - The National Company Law Tribunal, Mumbai Bench ('NCLT'), has vide its Order dated 4th November, 2019 approved the Scheme of Amalgamation of Piramal Enterprises Limited …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b49d4b6a-ef9f-4c21-a3fc-949c44db8bfd.pdf) |
| 5 Nov 2019 - Mr. Ankit Kotak, Chief Financial Officer ('CFO') of the Company has resigned from his position of CFO with effect from 5th November, 2019. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 5 Nov 2019 - Mr. Ankit Kotak, Chief Financial Officer ('CFO') of the Company has resigned from his position of CFO with effect from 5th November, 2019.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8f68636-38b9-47df-9e5f-47d8dcf5b1f0.pdf) |
| 5 Nov 2019 - Mr. Ankit Kotak, Chief Financial Officer ('CFO') of the Company has resigned from his position of CFO with effect from 5th November, 2019. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 5 Nov 2019 - Mr. Ankit Kotak, Chief Financial Officer ('CFO') of the Company has resigned from his position of CFO with effect from 5th November, 2019.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8f68636-38b9-47df-9e5f-47d8dcf5b1f0.pdf) |
| — | [Record Date - Disclosure Pursuant To Regulation 42 Of SEBI (LODR) Regulations, 2015 2 Dec 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cc23b24-059a-4d4a-ab68-fe4fe4539554.pdf) |
| — | [Record Date - Disclosure Pursuant To Regulation 42 Of SEBI (LODR) Regulations, 2015 2 Dec 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2cc23b24-059a-4d4a-ab68-fe4fe4539554.pdf) |
| — | [Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=187b1d7b-e509-48fe-ac4a-bb2638c5a558.pdf) |
| — | [Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/187b1d7b-e509-48fe-ac4a-bb2638c5a558.pdf) |
| — | [Compliance Under Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') 5 Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18171614-3f56-41d2-8be5-af63e357c8a4.pdf) |
| — | [Compliance Under Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') 5 Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18171614-3f56-41d2-8be5-af63e357c8a4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_PIRLIFE_2009_2010_18082010121500.zip) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/532979/5329790311.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:03:43.822Z.