Sun Pharma Share Price Target 2024-2030 Fundamentals & Quarterly Results

Sun Pharma Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results –Sun Pharmaceutical Industries Ltd (Sun Pharma) is a specialty pharmaceutical company engaged in a large variety of pharmaceutical formulations including but not limited to branded generic as well as generic medicines. The company develops, manufactures and distributes products that address psychiatric, neurological, nephrological, gastroenterological, orthopedic and ophthalmic disorders, cardiovascular diseases and many more. The company also engages in product development, process chemistry, and manufacturing of complex formulations and active pharmaceutical ingredients (APIs) as well as over the counter (OTC) medication. It produces drugs in several different dosage forms including tablets, capsules, injections, inhalers, topical ointments, creams and liquids. Sun Pharma’s registered office is located in Mumbai, Maharashtra, India.sun pharma share Price target

Sun Pharma Overview

Sun Pharmaceutical Industries Ltd has its focus upon manufacturing, developing, and marketing various patented and generic formulations and Active Pharmaceutical Ingredients, (APIs). The firm and its subsidiaries have several manufacturing plants positioned around the globe with trading and other associated and auxiliary activities traveling in the international market. It is the dominant player of the pharmaceutical industry in India.

Company NameSun Pharmaceutical Industries Ltd
Listed atNSE & BSE
Head OfficeSPARC Tandalja, Vadodara – 390 020
Board Of Directors
  • Mr.Dilip S Shanghvi Chairman & Managing Director
  • Mr.Rolf Hoffmann Independent Director
  • Mr.Gautam Doshi Independent Director
  • Mr.Rama Bijapurkar Independent Director
  • Mr.Sanjay Asher Independent Director
  • Dr.Pawan Goenka Lead Independent Director
  • Mr.Sudhir V Valia Non Exe.Non Ind.Director
  • Mr.Aalok D Shanghvi Whole Time Director
Official Website sunpharma.com

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Sun Pharma Business Overview

The organization emphasizes on delivering an all inclusive range of generic and specialty drugs for a broad spectrum of illness and disease treatment. The product line consists of generics, branded generics, specialty or innovator’s unique but hard to manufacture products, antiretrovirals and their active pharmaceutical ingredients APIS metabolites as well as intermediates. It provides medications in all forms of dosing devices for example injections, sprays, ointments, creams, liquids, tablets as well as capsules.

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Indian Branded Generics

The biggest pharmaceutical firm in India commands 8.3% of the market share. Prescription-wise, it is in the first rank among 12 classes of prescribers. Sun pharma is the leading player in the chronic segment of Indian market. It has 32 brands among the top 300 pharmaceutical brands in India. Of the total contribution from some of these therapeutic segments – Cardiology is 18% Neuro-Psychiatry 16% Gastroenterology 12% and others.

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US Business

The corporation became a player in the USA pharmaceutical sector back in 1997 and is the second most prescriptions issued by the us dermatology market. In terms of US Generics, it ranks 10th. As of Q1FY24, It has 616 ANDAs and 67 NDAs filed, and approved 519 ANDAs and 54 NDAs respectively, for various therapeutics. 1 ANDAs & 2 NDAs are waiting on USFDA approval. The organization works across the Specialty, Generics, and OTC segments with notable strength. The corporation manufactures and sells Liquids, Creams, Ointments, Gels, Sprays, Injectables, and various drug delivery forms, including Tablets, Capsules, Drug-Device combinations, etc.

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Emerging Markets

It is one of the top Indian pharmaceutical companies with operations in developing countries and operates in approximately 80 countries concentrating on Romania, Russia, South Africa, Brazil, Mexico etc. It has also set up local production facilities in Bangladesh, South Africa, Malaysia, Romania, Egypt, Nigeria, and Russia. Approximately 2200 sales representatives are employed to market the products.

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APIs Business

The organization produces and distributes Active Pharmaceutical Ingredients in a number of regions. It has ~489 USDMF (drug master files) filed with ~380 approved till date. Its product includes ~370 types of APIs. This is an important segment for the company as it provides strong opportunity for backward integration for formulations business.

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International Presence

The organization encompasses over ten brands and offers more than twenty-six items in worldwide specialized industry. The organization is concentrating on products related to Dermatology, Ophthalmology and Onco Dermatology in worldwide markets. A significant portion of Global Specialty Sales is within the United States. The firm possesses commercial infrastructure in the USA and in other select markets.

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Sun Pharma Fundamentals & Quarterly Results

Market Cap₹ 4,52,815 Cr.
Current Price₹ 1,887
High / Low₹ 1,960 / 1,068
Stock P/E43.0
Book Value₹ 265
Dividend Yield0.72 %
ROCE17.3 %
ROE16.7 %
Face Value₹ 1.00
Debt to Equity0.05
Debt Capacity0.10
Debt (preceding year)₹ 6,886 Cr.
Current Debt₹ 3,274 Cr.
Reserves₹ 63,427 Cr.
EPS₹ 43.3
EPS (last year)₹ 39.9
Pledged Percentage0.79 %
Free Cash Flow (Prev Ann)₹ 2,895 Cr.
EV/EBITDA29.7
Industry P/E35.9
PEG Ratio1.84
Piotroski Score9.00
Earnings Yield2.77 %
Sales Growth (5 Years)10.8 %

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Sun Pharma Quarterly Results

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales (₹ Cr)10,76210,95211,24110,93111,94112,19212,38111,98312,653
Expenses (₹ Cr)7,8777,9968,2378,1298,6099,0138,9048,9489,045
Operating Profit (₹ Cr)2,8842,9573,0042,8023,3323,1793,4773,0353,608
OPM %27%27%27%26%28%26%28%25%29%
Other Income (₹ Cr)285174202-118294180504533
Interest (₹ Cr)141946938149357462
Depreciation (₹ Cr)588610660672651633622650655
Profit Before Tax (₹ Cr)2,2852,4122,4712,2402,4812,7913,0002,8163,424
Tax %8%6%11%10%19%14%14%5%16%
Net Profit (₹ Cr)2,0932,2562,1811,9832,0062,3852,5612,6592,861
EPS (₹)8.599.439.038.278.439.9010.5211.0611.82

CAGR Report

10 Years5 Years3 Years1 Year / TTM
Compounded Sales Growth12%11%13%9% (TTM)
Compounded Profit Growth8%23%25%19% (TTM)
Stock Price CAGR9%36%33%69% (1 Year)
Return on Equity14%14%16%17% (Last Year)

Sun Pharma Shareholding Pattern

CategoryMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Promoters54.38%54.69%54.48%54.48%54.48%54.48%54.48%
FIIs15.54%12.81%11.67%14.44%16.88%17.72%18.01%
DIIs17.32%19.56%21.62%20.02%19.18%18.71%18.48%
Government0.00%0.00%0.00%0.00%0.06%0.11%0.11%
Public12.76%12.94%12.23%11.06%9.38%8.97%8.89%
No. of Shareholders6,19,7126,31,2197,09,0456,62,3846,25,2526,31,3926,57,317

Sun Pharma Share Price Target 2024-2030 Forecast

YearInitial TargetMid-Year TargetYear-End Target
2024₹1782.78₹2111.13₹2308.14
2025₹2354₹2212₹2641
2026₹2694₹2533₹3023
2027₹3083₹2898₹3460
2028₹3529₹3318₹3962
2029₹4041₹3798₹4533
2030₹4624₹4345₹5188

SUN PHARMA Share Price Target 2025

MonthTarget
January₹2354
February₹2401
March₹2449
April₹2367
May₹2288
June₹2212
July₹2300
August₹2392
September₹2488
October₹2538
November₹2589
December₹2641

SUN PHARMA Share Price Target 2026

MonthTarget
January₹2694
February₹2748
March₹2803
April₹2710
May₹2620
June₹2533
July₹2634
August₹2739
September₹2849
October₹2906
November₹2964
December₹3023

SUN PHARMA Share Price Target 2027

MonthTarget
January₹3083
February₹3145
March₹3208
April₹3101
May₹2998
June₹2898
July₹3014
August₹3135
September₹3260
October₹3325
November₹3392
December₹3460

SUN PHARMA Share Price Target 2028

MonthTarget
January₹3529
February₹3600
March₹3672
April₹3550
May₹3432
June₹3318
July₹3451
August₹3589
September₹3733
October₹3808
November₹3884
December₹3962

SUN PHARMA Share Price Target 2029

MonthTarget
January₹4041
February₹4122
March₹4204
April₹4064
May₹3929
June₹3798
July₹3950
August₹4108
September₹4272
October₹4357
November₹4444
December₹4533

SUN PHARMA Share Price Target 2030

MonthTarget
January₹4624
February₹4716
March₹4810
April₹4650
May₹4495
June₹4345
July₹4519
August₹4700
September₹4888
October₹4986
November₹5086
December₹5188

 

Official Website  sunpharma.com

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