Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹410Cr
Rev Gr TTM
Revenue Growth TTM
-10.37%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ALBERTDAVD
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 9.5 | -1.3 | 0.9 | 18.4 | 9.4 | -2.8 | 5.6 | -5.9 | -15.9 | -21.0 | -11.4 | 8.3 |
| 72 | 79 | 77 | 80 | 79 | 88 | 92 | 82 | 80 | 81 | 85 | 79 |
Operating Profit Operating ProfitCr |
| 11.8 | 14.1 | 17.1 | 9.5 | 10.8 | 1.0 | 6.3 | 0.8 | -6.3 | -15.1 | 2.9 | 12.0 |
Other Income Other IncomeCr | 0 | 18 | 12 | 17 | 10 | 23 | 21 | -9 | -5 | 22 | -2 | 12 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation DepreciationCr | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| 7 | 29 | 27 | 23 | 18 | 22 | 25 | -10 | -12 | 8 | -3 | 20 |
| 3 | 6 | 6 | 5 | 5 | 3 | 7 | -1 | -1 | 1 | 1 | 5 |
|
Growth YoY PAT Growth YoY% | -10.6 | 1,234.7 | 0.8 | 77.4 | 246.1 | -19.8 | -11.0 | -150.2 | -180.0 | -57.9 | -118.3 | 262.9 |
| 4.6 | 25.6 | 21.8 | 21.2 | 14.5 | 21.1 | 18.4 | -11.3 | -13.8 | 11.3 | -3.8 | 17.0 |
| 6.5 | 41.2 | 35.6 | 32.8 | 22.6 | 33.0 | 31.7 | -16.4 | -18.1 | 13.9 | -5.8 | 26.8 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 0.3 | -8.5 | -2.7 | 10.2 | 1.2 | -22.9 | 26.7 | 8.9 | 6.1 | -4.6 | -6.7 |
| 285 | 292 | 267 | 266 | 287 | 290 | 228 | 273 | 297 | 316 | 343 | 325 |
Operating Profit Operating ProfitCr |
| 11.4 | 9.6 | 9.4 | 7.6 | 9.4 | 9.4 | 7.7 | 13.0 | 13.0 | 12.9 | 0.9 | -0.6 |
Other Income Other IncomeCr | 2 | 43 | 8 | 9 | 7 | 7 | 17 | 16 | 15 | 58 | 30 | 27 |
Interest Expense Interest ExpenseCr | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 2 |
Depreciation DepreciationCr | 15 | 9 | 8 | 8 | 7 | 8 | 8 | 9 | 9 | 7 | 7 | 9 |
| 20 | 63 | 27 | 22 | 29 | 29 | 27 | 47 | 51 | 97 | 25 | 14 |
| 7 | 15 | 10 | 8 | 11 | 10 | 5 | 12 | 15 | 22 | 8 | 4 |
|
| | 250.3 | -64.5 | -21.0 | 31.5 | 8.2 | 15.5 | 59.2 | 2.6 | 108.5 | -77.2 | -44.1 |
| 4.3 | 14.9 | 5.8 | 4.7 | 5.6 | 6.0 | 8.9 | 11.3 | 10.6 | 20.8 | 5.0 | 3.0 |
| 24.0 | 84.1 | 28.0 | 17.2 | 46.7 | 33.6 | 38.8 | 61.8 | 63.4 | 132.2 | 30.1 | 16.8 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| 87 | 131 | 177 | 180 | 205 | 217 | 239 | 274 | 306 | 377 | 387 | 388 |
Current Liabilities Current LiabilitiesCr | 84 | 75 | 88 | 89 | 68 | 81 | 81 | 107 | 99 | 99 | 104 | 124 |
Non Current Liabilities Non Current LiabilitiesCr | 17 | 12 | 13 | 14 | 16 | 16 | 16 | 14 | 13 | 16 | 15 | 15 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 117 | 152 | 164 | 172 | 186 | 201 | 223 | 253 | 304 | 372 | 354 | 397 |
Non Current Assets Non Current AssetsCr | 76 | 72 | 121 | 118 | 109 | 119 | 118 | 148 | 119 | 126 | 157 | 136 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 28 | 68 | 20 | 30 | 32 | 30 | 37 | 40 | 11 | 46 | -28 |
Investing Cash Flow Investing Cash FlowCr | -9 | -38 | -37 | -11 | -19 | -20 | -39 | -40 | -5 | -33 | 23 |
Financing Cash Flow Financing Cash FlowCr | -18 | -18 | 7 | -5 | -17 | -10 | -2 | -2 | -6 | -8 | 0 |
|
Free Cash Flow Free Cash FlowCr | 18 | 62 | 0 | 31 | 45 | 15 | 35 | 32 | 6 | 35 | -43 |
| 203.0 | 141.8 | 116.4 | 222.6 | 179.8 | 157.8 | 165.3 | 114.6 | 29.1 | 60.3 | -165.3 |
CFO To EBITDA CFO To EBITDA% | 76.0 | 219.1 | 71.3 | 138.2 | 107.4 | 99.8 | 191.2 | 99.1 | 23.7 | 97.1 | -939.6 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 157 | 171 | 182 | 208 | 225 | 184 | 215 | 304 | 292 | 614 | 463 |
Price To Earnings Price To Earnings | 12.0 | 3.6 | 11.4 | 21.1 | 8.4 | 9.6 | 9.7 | 8.6 | 8.1 | 8.1 | 26.9 |
Price To Sales Price To Sales | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.6 | 0.9 | 1.0 | 0.9 | 1.7 | 1.3 |
Price To Book Price To Book | 1.7 | 1.3 | 1.0 | 1.1 | 1.1 | 0.8 | 0.9 | 1.1 | 0.9 | 1.6 | 1.2 |
| 4.8 | 5.4 | 7.1 | 9.7 | 7.4 | 5.9 | 9.5 | 7.1 | 6.1 | 12.5 | 156.6 |
Profitability Ratios Profitability Ratios |
| 66.5 | 70.7 | 71.2 | 68.4 | 66.3 | 67.2 | 65.2 | 63.3 | 63.7 | 65.1 | 66.4 |
| 11.4 | 9.6 | 9.4 | 7.6 | 9.4 | 9.4 | 7.7 | 13.0 | 13.0 | 12.9 | 0.9 |
| 4.3 | 14.9 | 5.8 | 4.7 | 5.6 | 6.0 | 8.9 | 11.3 | 10.6 | 20.8 | 5.0 |
| 19.0 | 41.3 | 13.1 | 10.5 | 14.0 | 13.3 | 11.4 | 16.8 | 16.1 | 25.3 | 6.3 |
| 14.8 | 35.1 | 9.3 | 7.3 | 8.4 | 8.6 | 9.1 | 12.6 | 11.6 | 19.7 | 4.4 |
| 7.1 | 21.4 | 6.0 | 4.7 | 6.0 | 6.0 | 6.5 | 8.8 | 8.5 | 15.1 | 3.4 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Albert David Limited (ADL) is a well-established Indian pharmaceutical company headquartered in **Kolkata, India**, with a strong focus on innovation, quality manufacturing, and strategic expansion. The company operates in the **pharmaceutical sector**, manufacturing and marketing **allopathic and herbal formulations, intravenous (I.V.) infusions, medical disposables**, and specialized **placenta extract-based therapies**. ADL operates manufacturing facilities in **Kolkata, Ghaziabad, and previously in Mandideep**, and maintains a robust **distribution network** through sales depots in key cities including Kolkata, Lucknow, Patna, and others.
---
### **Product Launches & Portfolio Expansion (FY 2024–25)**
ADL has made significant strides in product innovation during fiscal year 2024–25:
#### **Gynecology Segment (7 New Launches)**
- Alamin Woman
- Nectagen
- Alstat TA
- Spasna M
- Evacure Total
- Proguard
- Vaginova
#### **Orthopedic Segment (4 New Launches)**
- C3H OA Tabs
- DhupCal Tabs
- Sionueron NT Tabs
- Alamin TKR sachets
- In earlier periods, the company launched **Evaston OD 10 mg**, **Alamin SE**, **Evacure**, and **C3H**, indicating a consistent and growing product pipeline.
- Ongoing commercialization of **Evaston**, a high-potential product, reflects the company's focus on innovative therapies.
ADL is actively **building prescriber bases** and **engaging Key Opinion Leaders (KOLs)** to strengthen market acceptance and brand equity for these new launches.
---
### **Sales & Operational Strategy**
- In **July 2025**, ADL **restructured its domestic field operations** into **five specialized sales forces**, each aligned with specific medical specialties. This enhances customer reach, improves targeting, and supports segment-specific growth.
- The company has strengthened key departments to improve **operational resilience** and adapt to evolving market dynamics.
- **Strategic Business Focus Areas**:
- **Exports**
- **Institutional Sales**
- **Generics Business**
---
### **Research & Development (R&D) Excellence**
ADL’s **Kolkata-based R&D center**, recognized by the **Department of Scientific and Industrial Research (DSIR)** since **2013**, is a cornerstone of its innovation strategy.
#### **Core R&D Focus Areas:**
- Formulation & API development
- Process improvement and quality enhancement
- Technical troubleshooting
- Human placenta extract (HPE)-based products and their combinations
#### **Key R&D Highlights:**
- **Placentrex Research**:
- Collaborating with **IIT Kharagpur** (Department of Biotechnology) on a research project investigating **Placentrex's mechanism** in **inhibiting bacterial growth** and **biofilm formation**, with **promising initial results**.
- Standardizing bio-constituents in placenta-based formulations for inclusion in labeling, enhancing **scientific credibility and marketing claims**.
- Ongoing studies to identify **growth factors, interleukins, and anti-inflammatory markers** for new therapeutic applications.
- Development of new **Placentrex-based products** with **global patent potential**, targeting **immunomodulation** and **anti-biofilm activity**.
- Research into **oral drug delivery systems and nutraceuticals** based on Placentrex.
- **Patent Initiatives**:
- Filed **provisional patent** for *“Therapeutic Components of Human Placental Extract and Process of Preparation Thereof”*.
- Additional patents filed for **combination formulations** to improve clinical efficacy.
- **External Collaborations**:
- Partnerships with premier institutions: **CSIR, IITs, IICB, IISc, DST, DRDO**, and international research partners in the **US and EU**.
- Focus on developing **advanced drug delivery systems** for domestic and export markets.
- **Miltefosine Project**:
- Developed a **WHO-compliant manufacturing process** for **Miltefosine**, a crucial drug for treating **leishmaniasis** (PKDL, ML, CL).
- Established a **new API production facility in Kolkata** for technology transfer and scale-up.
- **10 mg capsule batches** completed; **50 mg batches in progress** to meet international regulatory standards.
---
### **Manufacturing & Distribution Network**
- **Manufacturing Plants**:
- **Kolkata** (including new API facility for Miltefosine)
- **Ghaziabad**
- **Sales Depots**:
- **Kolkata, Lucknow, Patna**, and previously **Delhi, Mumbai, Chennai, Bhopal, Guwahati, Vijaywada, etc.**, ensuring pan-India presence.
---
### **Exports & Global Expansion**
- **Export Markets**:
- Latin America
- Southeast Asia
- Select countries in North & East Africa
- Targeting **CIS countries** for future expansion
- **Export Strategies**:
- Increasing **regulatory filings** to register more products in existing markets.
- **Collaborating with established partners** to accelerate growth in Southeast Asia and CIS regions.
- As of 2021, reported **foreign exchange earnings of ₹1,270.63 lakhs** with **spending of ₹1,156.44 lakhs**, indicating a **positive forex balance**.