Case study

AJANTPHARM

AJANTA PHARMA LIMITED

Worth a closer look1y model +8.2%

Each stock's 10,000-path forecast, rendered as light.

58Score

AJANTA PHARMA LIMITED (AJANTPHARM) Stock Analysis & Case Study

Is AJANTPHARM a good buy? The data-driven verdict.

AJANTA PHARMA LIMITED (AJANTPHARM) trades at ₹3,489,on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, AJANTA PHARMA LIMITED (AJANTPHARM) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 38.4× earnings, ROE of 27.1%, a 60% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

AJANTPHARM fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹43,601 Cr
Current price
₹3,489
P/E ratio
38.4×
P/B ratio
9.64×
Book value
₹362
Dividend yield
0.92%
ROCE
34.5%
ROE
27.1%
Piotroski F-Score
6/8

How AJANTPHARM ranks against the 2,373 companies in our screener

Is AJANTPHARM overvalued? AJANTPHARM P/E vs peers

AJANTPHARM trades at 38.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

AJANTPHARM share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of AJANTPHARM history (10%/yr drift, 32%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
AJANTPHARM 2027₹2,507₹3,774₹5,682+8%
AJANTPHARM 2028₹2,285₹4,083₹7,297+17%
AJANTPHARM 2029₹2,175₹4,417₹8,969+27%
AJANTPHARM 2030₹2,105₹4,778₹10,842+37%
AJANTPHARM 2031₹2,090₹5,168₹12,777+48%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability AJANTPHARM goes up, or doubles?

60%
Higher in 1 year
Modelled chance the price is above today in 12 months
71%
Higher in 5 years
Modelled chance the price is above today in 5 years
34%
Doubles in 5 years
Modelled chance of reaching ₹6,978 within 5 years

The bull case for AJANTPHARM

  • AJANTPHARM's return on equity of 27.1% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • AJANTPHARM's return on capital employed of 34.5% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹8,969.

The bear case & risks

  • AJANTPHARM's P/E of 38.4x is lower than 35% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 9.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,175.

AJANTPHARM volatility & expected range, how bumpy is the ride?

Over the last 9.8 years AJANTPHARM compounded at 10%/year with annualized volatility of 32%. That volatility implies a 1-year 80% range of ₹2,507-₹5,682, the honest backbone behind any single price target.

AJANTPHARM price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
8.2%
80% range₹2,507-₹5,682
P(price ↑)60%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
26.6%
80% range₹2,175-₹8,969
P(price ↑)67%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
48.1%
80% range₹2,090-₹12,777
P(price ↑)71%
P(price 2×)34%

AJANTPHARM price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
AJANTPHARM simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds AJANTPHARM hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the AJANTPHARM price target & forecast page.

AJANTPHARM Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. AJANTPHARM scores 6/8, mixed financial health.

AJANTPHARM MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy AJANTPHARM with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox29.09%3.4×
Zerodha29.07%3.4×
Groww29.17%3.4×
DhanCHEAPEST29.07%3.4×
Kotak Neo30.03%3.3×
Paytm Money29.26%3.4×
Pocketful29.23%3.4×
Anand Rathi29.07%3.4×
Bajaj Broking31.00%3.2×
Share India29.15%3.4×

Compare every broker on the AJANTPHARM MTF page.

About AJANTA PHARMA LIMITED: sector, index & market-cap context

AJANTA PHARMA LIMITED (AJANTPHARM) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹43,601 Cr. See more stocks on our screener.

How the AJANTPHARM Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of AJANTA PHARMA LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

AJANTPHARM analysis, FAQs

Is AJANTA PHARMA LIMITED (AJANTPHARM) a good buy?

On the numbers, AJANTA PHARMA LIMITED (AJANTPHARM) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 38.4× earnings, ROE of 27.1%, a 60% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is AJANTPHARM overvalued or undervalued?

AJANTPHARM trades at 38.4× earnings, premium versus the ~22× long-run Nifty average.

What is the AJANTPHARM share price target for 2031?

AJANTPHARM's probability-weighted 2031 median target is ₹5,168, with an 80% range of ₹2,090-₹12,777 (10,000-path Monte-Carlo).

What is the probability AJANTPHARM doubles in 5 years?

The modelled probability of AJANTPHARM reaching ₹6,978 (2×) within 5 years is 34%.

What is the bull case for AJANTPHARM?

AJANTPHARM's return on equity of 27.1% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. AJANTPHARM's return on capital employed of 34.5% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in AJANTPHARM?

AJANTPHARM's P/E of 38.4x is lower than 35% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 9.6× price-to-book means most of the value is intangible/expectations, not assets on the books.

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