
Marksans Pharma vs Jubilant Pharmova vs Granules India: Which Stock Should You Track
Marksans Pharma PE 29.36, mkt cap Rs 15,299 crore. Jubilant Pharmova PE 48.21, mkt cap Rs 16,941 crore. Granules India PE 35.15, mkt cap Rs 23,282 crore.
Updated: 25 Sept 2026 • 9:50 am
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Quick Answer
Marksans Pharma vs Jubilant Pharmova vs Granules India is a side-by-side comparison of three companies from the Generic and Formulation Pharma space. On this comparison, Marksans Pharma carries a market capitalisation of about Rs 15,299 crore against Rs 16,941 crore for Jubilant Pharmova and Rs 23,282 crore for Granules India, with return on equity of 13.82%, 5.62% and 11.70% respectively. Each company's numbers are presented here without a declared better pick, since the right stock depends on an investor's own criteria.
Marksans Pharma vs Jubilant Pharmova vs Granules India starts with the core numbers most investors compare within the Generic and Formulation Pharma segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.
All three names sit in the Generic and Formulation Pharma bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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Marksans Pharma, Jubilant Pharmova and Granules India: Company Overview
Marksans Pharma is a listed Indian company in the Generic and Formulation Pharma space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Jubilant Pharmova is a listed Indian company in the Generic and Formulation Pharma space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Granules India is a listed Indian company in the Generic and Formulation Pharma space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Marksans Pharma vs Jubilant Pharmova vs Granules India: Valuation and Profitability Snapshot
| Metric | Marksans Pharma | Jubilant Pharmova | Granules India |
|---|---|---|---|
| Market Cap (approx.) | Rs 15,299 crore | Rs 16,941 crore | Rs 23,282 crore |
| PE Ratio (TTM) | 29.36 | 48.21 | 35.15 |
| PB Ratio | 5.06 | 2.39 | 3.77 |
| Return on Equity (ROE) | 13.82% | 5.62% | 11.70% |
| EPS (TTM, Rs) | 11.50 | 22.06 | 24.28 |
| Dividend Yield | 0.27% | 0.47% | 0.19% |
| Debt to Equity | 0.11 | 0.51 | 0.30 |
| Book Value per Share (Rs) | 66.71 | 445.26 | 226.59 |
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On valuation, Marksans Pharma trades at a PE of 29.36 and a PB of 5.06, Jubilant Pharmova at a PE of 48.21 and a PB of 2.39, while Granules India trades at a PE of 35.15 and a PB of 3.77. On return on equity, the three post 13.82%, 5.62% and 11.70% respectively, and on dividend yield they stand at 0.27%, 0.47% and 0.19%.
Marksans Pharma vs Jubilant Pharmova vs Granules India: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Marksans Pharma | Rs 866.20 crore | Rs 159.41 crore | +38.5% | -2.8% |
| Jubilant Pharmova | Rs 2,249.30 crore | Rs 56.40 crore | +17.6% | -2.8% |
| Granules India | Rs 1,479.04 crore | Rs 179.96 crore | +20.6% | -0.0% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three generic and formulation pharma names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Marksans Pharma vs Jubilant Pharmova vs Granules India highlights how differently three companies in the same generic and formulation pharma segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Marksans Pharma vs Jubilant Pharmova vs Granules India
What is the market cap difference between Marksans Pharma, Jubilant Pharmova and Granules India?
Ans. As of September 2026, Marksans Pharma has a market cap of approximately Rs 15,299 crore, Jubilant Pharmova is at approximately Rs 16,941 crore, and Granules India is at approximately Rs 23,282 crore.
Which of the three has the highest PE ratio?
Ans. Among Marksans Pharma, Jubilant Pharmova and Granules India, the PE ratios stand at 29.36, 48.21 and 35.15 respectively as of September 2026.
Which of the three has the highest ROE?
Ans. Marksans Pharma, Jubilant Pharmova and Granules India post ROE of 13.82%, 5.62% and 11.70% respectively as of September 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Marksans Pharma, Jubilant Pharmova and Granules India carry dividend yields of 0.27%, 0.47% and 0.19% respectively.
What is the debt to equity ratio for Marksans Pharma, Jubilant Pharmova and Granules India?
Ans. Marksans Pharma carries a debt to equity of 0.11, Jubilant Pharmova of 0.51, and Granules India of 0.30.
Which of the three trades at the highest price to book value?
Ans. Marksans Pharma, Jubilant Pharmova and Granules India trade at price to book ratios of 5.06, 2.39 and 3.77 respectively.
Is one of Marksans Pharma, Jubilant Pharmova or Granules India better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.
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