DINESH

Windlas Biotech

Latest CMP 949
Today's Change ▼ -0.01%
52-Week High / Low 1,063 | 700
Price Date: 14-Aug-2026
Recommendation Sell
Target Price 1,004
Expected Upside 2.8%
Forecast Horizon 2 Years
Historical CAGR Not Available
1,000 Invested
Today's Value
Investment Period < 5 Years

Stock Snapshot

Post Results Return
+6.5%
Mild Positive Re-rating
1-Year Target Price
892
2-Year Target Price
1,004
52-Week High / Low
1,063 / 700
20-Day Return
+8.9%
Market Cap (Cr.)
1,960
Current PE
26.8
P/BV Ratio
3.6
Dividend Yield
0.8%
Industry PE
40.0

Price Performance

Basis of our Recommendation

Windlas Biotech's management has articulated a positive outlook, driven by strategic investments and a diversified business model. The anticipated commercialization of Plant-6 for Oral Solids by H1 FY27 is expected to significantly enhance production capacity, which aligns with Vista's forecast of stable revenue growth. Additionally, the company's expansion into critical care and specialized therapies through its new Injectable facility is likely to bolster its competitive position and market share. R&D initiatives focusing on first-to-launch complex generics are set to further support revenue streams. Vista's financial outlook reflects stable margins and a conservatively financed balance sheet, with a low debt/equity ratio of 0.06, ensuring financial stability. The macro environment in India remains conducive, with improving manufacturing activity and favorable liquidity conditions, which may enhance operational efficiencies. However, potential headwinds include raw material supply constraints and client concentration risks. Over the next 12-24 months, key opportunities lie in expanding the customer base and leveraging structural tailwinds in Trade Generics and Exports, while watchpoints include the dynamic operating environment and the need for continued innovation

👍 Why We Like This Stock

  • Commercialization of Plant-6 for Oral Solids expected to significantly enhance production capacity
  • Expansion into critical care and specialized therapies through a new Injectable facility will diversify revenue streams
  • Strong focus on R&D for complex generics is likely to drive future revenue growth

Things To Watch Out For

  • Raw material supply constraints may impact production and margins
  • Client concentration risks could affect revenue stability
  • Dynamic operating environment requires ongoing innovation and operational efficiency

Key Parameters

Balance Sheet Strength
Conservatively Financed
Market Share
Stable
Industry Outlook
Improving
Analyst View
Not Available
Dividend History
Consistent
FII Holdings
Increasing

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 631 760 904 946 1,085
Profit Before Tax (Cr.) 77 79 87 84 98
PBT Margin 12.2% 10.4% 962.4% 8.9% 9.1%
Net Profit (Cr.) 60 62 66 64 75
Earnings Per Share 28.8 29.8 32.0 30.9 36.2

Analyst Recommendations

No analyst recommendations available.

Consensus Recommendation ► None
Consensus Target
Coverage 0 Analysts
Analysts' Viewpoint

Company Overview

Show Company Profile

Windlas Biotech Limited, a contract development and manufacturing organization, manufactures and trades in pharmaceutical products in India. The company offers contract manufacturing; customized formulations; contract research and manufacturing services; customized formulation; and regulatory services. It also manufactures tablets, capsules, oral solids, modified-release formulations, chewable and dispersible tablets, customized generics, and complex generics and multi-drug combinations, as well as injectables, including liquid vials, lyophilized vials, and ampoules. In addition, the company offers generic drugs for respiratory, anti-diabetic, gastroenterology, cardiovascular and multivitamin, neuro anti-psychotic, diabetic care, nutraceuticals, nutritional supplement, urology, pain management, and injectable therapies. It also exports generic medicines, health supplements, and custom-branded formulations. Windlas Biotech Limited was incorporated in 2001 and is headquartered in Dehradun, India.