Last Updated on May 24, 2024 by Aishika Banerjee
Pharma penny stocks or medical penny stocks are shares of small pharmaceutical companies that trade at very low prices, often below Rs. 100. Due to their low market capitalisation, these stocks are known for their high risk and volatility. Their prices can fluctuate dramatically with news like clinical trial outcomes or changes in healthcare regulations.
Despite the risks, pharma penny stocks can offer substantial returns if the company makes a breakthrough or gets acquired by a larger firm. Investors might be drawn to these stocks for their low entry cost and the potential to invest in a company that could develop the next widely recognised drug
Table of Contents
List of All Pharma Shares Below 50 Rupees
| Name | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | 1Y Return (%) | 5Y Historical Revenue Growth (%) | Net Profit Margin (%) |
| Syncom Formulations (India) Ltd | 1,283.10 | 14.00 | 63.93 | 123.77 | 7.93 | 8.40 |
| Nectar Lifesciences Ltd | 772.58 | 35.20 | -31.94 | 96.10 | -3.60 | -1.54 |
| Medico Remedies Ltd | 376.75 | 46.60 | 52.04 | -45.47 | 18.44 | 5.01 |
| Gennex Laboratories Ltd | 363.64 | 15.78 | 73.76 | 160.26 | 9.25 | 7.09 |
| Ambalal Sarabhai Enterprises Ltd | 355.75 | 46.20 | 32.05 | 105.70 | 4.00 | 6.07 |
| Ind Swift Ltd | 137.31 | 24.85 | 5.27 | 180.79 | 10.82 | 5.39 |
| Bharat Immunologicals and Biologicals Corporation Ltd | 135.91 | 30.70 | -7.96 | 31.91 | 5.55 | -36.01 |
| Lasa Supergenerics Ltd | 128.26 | 25.35 | -3.32 | 4.11 | -11.86 | -29.39 |
| Vista Pharmaceuticals Ltd | 65.69 | 13.65 | -11.59 | 41.30 | -45.58 | -405.00 |
| Ajooni Biotech Ltd | 57.39 | 6.35 | 50.78 | 31.00 | 11.92 | 1.51 |
| Vivanta Industries Ltd | 56.03 | 4.52 | 43.10 | -9.39 | 111.25 | 5.24 |
| Transchem Ltd | 55.72 | 44.51 | 45.30 | 97.82 | 14.98 | 29.01 |
| Cian Healthcare Ltd | 51.37 | 21.56 | 25.18 | -38.28 | 0.93 | 2.95 |
| JFL Life Sciences Ltd | 48.12 | 45.10 | 17.12 | 7.38 | – | 6.32 |
| Medico Intercontinental Ltd | 44.07 | 44.92 | 12.21 | -48.89 | 187.60 | 4.70 |
| Veerhealth Care Ltd | 40.96 | 20.41 | 25.92 | 93.02 | 19.76 | 10.89 |
| Concord Drugs Ltd | 37.49 | 37.00 | 37.87 | 23.33 | 0.06 | 1.90 |
| Parabolic Drugs Ltd | 34.04 | 5.50 | -1.19 | 0.00 | -84.63 | -1,43,200.00 |
| Panjon Ltd | 32.80 | 19.51 | 41.00 | 33.72 | -20.45 | 12.36 |
| Vivanza Biosciences Ltd | 31.98 | 7.69 | 58.14 | -52.32 | 60.00 | 1.97 |
| Vilin Bio Med Ltd | 30.48 | 21.85 | 24.98 | -23.33 | – | 9.89 |
| Zenlabs Ethica Ltd | 29.83 | 47.00 | 59.66 | -11.44 | -1.41 | 0.75 |
| Saroja Pharma Industries India Ltd | 18.68 | 46.45 | 17.79 | -31.94 | – | 2.09 |
| Beryl Drugs Ltd | 17.88 | 35.17 | 23.22 | 163.45 | 11.34 | 2.84 |
| Ortin Laboratories Ltd | 16.06 | 19.15 | -160.59 | -2.30 | -40.34 | -1.65 |
| Maitri Enterprises Ltd | 14.53 | 31.76 | 1,453.14 | 46.90 | 76.26 | 0.07 |
| Bacil Pharma Ltd | 12.68 | 21.94 | -126.75 | 272.50 | -16.44 | -90.91 |
| Norris Medicines Ltd | 12.20 | 12.19 | -6.97 | 5.36 | -9.40 | -20.91 |
| Ganga Pharmaceuticals Ltd | 11.37 | 23.50 | 284.14 | 87.25 | -2.02 | 1.38 |
| Colinz Laboratories Ltd | 10.45 | 42.00 | 23.23 | 5.85 | -1.59 | 6.15 |
| Shamrock Industrial Company Ltd | 7.08 | 12.39 | -54.48 | 248.03 | – | – |
| Bijoy Hans Ltd | 6.90 | 23.00 | -15.68 | 4.07 | -8.61 | -100.00 |
| Welcure Drugs and Pharmaceuticals Ltd | 5.95 | 4.44 | 54.07 | 8.91 | 36.85 | 45.83 |
| Hemo Organic Ltd | 4.27 | 11.71 | -71.20 | 38.25 | – | – |
| Desh Rakshak Aushdhalaya Ltd | 7.29 | 7.89 | 7.89 | 33.52 | 3.92 | 6.63 |
| Tiaan Consumer Ltd | 2.88 | 2.79 | -1.20 | -10.29 | – | – |
| Triochem Products Ltd | – | 0.00 | 0.00 | – | -62.01 | -314.29 |
Note: The data on the low price pharma shares list is from 2nd May 2024. To get this list of pharma penny stocks in India on the Tickertape Stock Screener, apply the below-mentioned filter.
- Sector > Health Care > Pharmaceuticals
- Close Price: Set the higher limit to 50
🚀 Pro Tip: You can use Tickertape’s Stock Screener to research and evaluate stocks with over 200+ filters and parameters.
Contemplating which pharma penny stock to invest in? Check out these smallcase alternatives instead!
First, let’s learn about what smallcases are.
smallcases are modern investment products that help investors easily build a low-cost, long-term and diversified portfolio. A smallcase is a basket of stocks/ETFs representing a theme, idea or strategy. Investors looking to align their investments sector-wise can consider smallcases. Every smallcase is created and managed by SEBI-registered managers.
Investors interested in pharma penny stocks might find the following smallcases interesting:
1. Penny Stocks Basket- Managed by Suman Shandil, this smallcase is meant for aggressive investors with high risk tolerance.
2. Pharma Tracker- Managed by Windmill Capital, this is one of the popular smallcases available! This smallcase is a collection of pharmaceutical and life sciences companies that allow investors to track and invest in the pharma sector effectively.
Note: These smallcases are mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.
- Disclosures for the aforementioned Penny Stocks Basket smallcase.
- Disclosures for the aforementioned Pharma Tracker smallcase.
List of Top 10 Pharma Stocks Below 50 Rs Based on 5Y Historical Revenue Growth
| Name | Market Cap (Rs. in cr.) | Close Price (Rs.) | 5Y Historical Revenue Growth (%) | 5Y Historical EPS Growth (%) |
| Medico Intercontinental Ltd | 44.92 | 44.11 | 187.60 | 126.05 |
| Ajooni Biotech Ltd | 55.63 | 6.55 | 11.92 | 84.52 |
| Veerhealth Care Ltd | 40.82 | 20.41 | 19.76 | 76.78 |
| Vivanta Industries Ltd | 56.38 | 4.43 | 111.25 | 71.55 |
| Medico Remedies Ltd | 386.71 | 44.90 | 18.44 | 58.83 |
| Ambalal Sarabhai Enterprises Ltd | 353.66 | 44.88 | 4.00 | 54.28 |
| Panjon Ltd | 31.98 | 19.47 | -20.45 | 46.15 |
| Gennex Laboratories Ltd | 358.91 | 14.98 | 9.25 | 37.83 |
| Concord Drugs Ltd | 37.06 | 36.73 | 0.06 | 20.20 |
| Syncom Formulations (India) Ltd | 1,316.00 | 13.50 | 7.93 | 15.01 |
Note: The data on the low price pharma shares list is from 2nd May 2024. To get this list of pharma penny stocks in India on the Tickertape Stock Screener, apply the below-mentioned filter.
- Sector > Health Care > Pharmaceuticals
- 5Y Historical Revenue Growth: Set from highest to lowest
Overview of the Top 10 Pharma Penny Stocks Below 50 Rs
Medico Intercontinental Ltd
Medico Intercontinental Ltd is engaged in the trading of pharmaceutical products. The company has seen revenue growth at a yearly rate of 187.6%, which is much higher than the industry average of 8.36%. Furthermore, the stock’s market share has increased from 0.00 to0.02% over the past five years. The Tickertape Scorecard demonstrates a high score of 7.8/10 in terms of profitability. Check out more about the stock’s performance in the share market on Tickertape now. Click here!
Ajooni Biotech Ltd
Ajooni Biotech Pvt Ltd is an Indian holding company that manufactures medicinals and botanicals. The company has seen a revenue growth yearly of 11.92%, which is higher than the industry standard average of 8.36%. Furthermore, the company’s net income has also grown at a yearly rate of 23.71%, which is also higher than the industry average of 8.36%. The Tickertape Scorecard also demonstrates a high score of 6.4/10 regarding profitability. You can check out more in detail about the stock’s performance and other financial statements by simply clicking here!
Veerhealth Care Ltd
Veerhealth Care is an Indian stock company that manufactures and markets research-based Ayurvedic medicines. The company’s product categories include Tablets, Syrups, Ointments, Powder, Oil and Toothpaste. The stock’s revenue has grown yearly at 19.76% over the past 5 years. This rate is higher than the industry average of 8.36%. The company’s net income has grown yearly at 60.14%, which is also much higher than the industry average of 9.82%. The Tickertape Scorecard depicts a high score of 6.8/10 in profitability. Click here to find out more!
Vivanta Industries Ltd
Vivanta Industries is an Indian holding company that is engaged in the trading of pharmaceutical products. Over the past 5 years, the company has seen revenue growth at a yearly rate of 111.25%, superseding the industry average of 8.36%. The stock has also observed a growth in net income at a yearly rate of 79.38% over the last 5 years. The company has a high score of 6.8/10 in profitability on the Tickertape Scorecard. Click here to know more about the past and present performance of the pharma penny stock.
Medico Remedies Ltd
Medico Remedies is an Indian holding company that is engaged in the manufacturing of allopathic pharmaceutical preparations. The company has seen a revenue growth at a yearly rate of 18.44%, over the last 5 years, which is much higher than the industry average of 8.36%. The stock’s net income has also grown at a yearly rate of 42.78%, which is also higher than the industry average of 9.82%. The company also has scored positively in terms of profitability and growth, with high scores of 7.0/10 and 7.1/10, respectively, on the Tickertape Scorecard. Check out the company’s scorecard on Tickertape to learn more, click here to find out!
Ambalal Sarabhai Enterprises Ltd
Ambalal Sarabhai Enterprises Limited is an Indian holding company which is a manufacturer of formulations. It markets speciality pharmaceutical products under its three sub-divisions: oncology, infertility and uro-gynaec. The company’s net income has grown at a yearly rate of 54.28%, much higher than the industry average of 9.82%. Furthermore, the company has performed well on the Tickertape Scorecard with a score of 6.8/10 in terms of profitability. Check out more about the company’s updates and financial statements by clicking here!
Panjon Ltd
Panjon Limited is an Indian holding company engaged in manufacturing and trading consumer and pharmaceutical products. The company is also engaged in manufacturing allopathic and ayurvedic formulations. The Company’s segments include manufacturing and trading. Over the past 5 years, the company has seen a growth in the net income at a yearly rate of 46.14%, much higher than the industry average of 9.82%. The Tickertape Scorecard also depicts a high score of 6.9/10 in terms of profitability. You can click here to view the scorecard yourself and learn more about the company.
Gennex Laboratories Ltd
Gennex Laboratories Limited is an Indian holding company that is engaged in manufacturing of bulk drugs, intermediates and biotech products. Its product portfolio is spread over various product segments encompassing expectorants, muscle relaxants, analgesics and anti-fungal. The company has seen revenue growth at a yearly rate of 9.25%, over the past 5 years, which is higher than the industry average of 8.36%. The stock’s net income has also grown at a yearly rate of 42.47%, over the last 5 years, which is also higher than the industry average of 9.82%. The company scored a high score of 7.6/10 in profitability on the Tickertape Scorecard. Click here to know more about the stock’s past performance on Tickertape!
Concord Drugs Ltd
Concord Drugs is an Indian pharmaceutical company that manufactures pharmaceutical formulations and trades packing material. Over the last five years, the company has seen net income growth at a yearly rate of 24.57%, which is higher than the industry average of 9.82%. Furthermore, the company has a high score of 6.6/10 in profitability on the Tickertape Scorecard. Click here to learn more about the stock’s financial statements and to view the price chart.
Syncom Formulations (India) Ltd
Syncom Formulations (India) Limited is a pharmaceutical company that manufactures and markets over 300 pharmaceutical formulation products. It also exports various commodities such as agro, confectionary, and industrial products. The company’s net income has grown yearly at 18.36%, which is higher than the industry average of 9.82%. The Tickertape Scorecard for the stock shows a score of 6.9/10 in terms of profitability. To know more details like this, click here.
Benefits of Investing in Pharma Penny Stocks
Here’s why these pharma penny stocks are capturing the attention of savvy investors:
- Unlocking Growth Potential: Investing in pharma penny stocks in India offers an exciting opportunity for rapid and significant growth. A drug trial or regulatory approval breakthrough can skyrocket the stock’s value, delivering substantial returns to investors even with modest initial investments.
- Driving Innovation: By backing pharma penny stocks, investors become integral players at the forefront of medical progress. Beyond financial gains, they actively contribute to advancing groundbreaking healthcare solutions with the potential to save lives.
- Accessible Market Entry: With their low share prices, pharma penny stocks provide a minimal-cost gateway to market entry. This accessibility empowers investors, especially those with limited capital, to spread their investments across multiple promising healthcare ventures, effectively diversifying their portfolios.
- Riding Regulatory Waves: Positive regulatory events, such as patent approvals or regulatory clearances, often trigger surges in the value of these stocks. Savvy investors seize the opportunity to capitalise on these moments, leveraging them as catalysts for potential stock appreciation.
Risks Associated With Investing in Pharma Penny Stocks
Investing in pharma penny stocks presents its own set of risks, as all investments do. These include:
- High Volatility: Pharma penny stocks are known for their extreme price fluctuations. This volatility can result in significant financial losses for investors, making them particularly risky for those unable to monitor market changes closely.
- Low Liquidity: These stocks often suffer low liquidity, meaning fewer buyers and sellers. This makes it difficult to execute trades without significantly affecting the stock price, potentially leaving investors unable to exit their positions easily.
- Susceptibility to Market Rumors: Pharma penny stocks are highly vulnerable to market manipulation and rumours due to their low trading volumes and smaller market caps. Even unfounded news can lead to erratic price movements, complicating investment decisions.
- Intensive Research Requirements: Successful investment in pharma penny stocks demands thorough research into the company’s drug pipeline and market potential. This requires a significant time investment and expertise in finance and pharmaceutical sciences to assess risks accurately.
These risks highlight the importance of careful consideration and due diligence when investing in pharma penny stocks.
Conclusion
On asset pages, you get pharma penny stocks share price, their quantitative analysis via Scorecard, forecasts, financial information, peer comparison, company updates, and more. With this information handy, you can analyse any stock within a few clicks. The Scorecard, particularly, helps you analyse the stock based on quantitative factors such as profitability, performance, entry and exit points, valuation, and growth and provides a sneak peek into the potential red flags in the stock.
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Frequently Asked Questions on Pharma Penny Stocks
1. What are the best pharma penny stocks to buy?
Here is a curated list of the top 10 pharmaceutical penny stocks, based on 5Y Historical Revenue Growth:
– Medico Intercontinental Ltd
– Ajooni Biotech Ltd
– Veerhealth Care Ltd
– Vivanta Industries Ltd
– Medico Remedies Ltd
– Ambalal Sarabhai Enterprises Ltd
– Panjon Ltd
– Gennex Laboratories Ltd
– Concord Drugs Ltd
– Syncom Formulations (India) Ltd
Note: The data on this list is from 2nd May 2024. You can get a refined and updated version using the Tickertape Stocks Screener.
2. What are the best pharma penny stocks under 10 rs?
Here is a list of the best pharma penny stocks under 10 rs:
–Ajooni Biotech Ltd
–Vivanta Industries Ltd
–Parabolic Drugs Ltd
–Vivanza Biosciences Ltd
–Welcure Drugs and Pharmaceuticals Ltd
–Desh Rakshak Aushdhalaya Ltd
–Tiaan Consumer Ltd
–Triochem Products Ltd
Note: The data on this list is from 2nd May 2024. You can get a refined and updated version using the Tickertape Stocks Screener.
3. What are the top 10 pharma shares below 20 rupees?
Here are the top 10 pharma shares below 20 rupees, sorted according to their net profit margin:
–Welcure Drugs and Pharmaceuticals Ltd
–Panjon Ltd
–Vilin Bio Med Ltd
–Syncom Formulations (India) Ltd
–Gennex Laboratories Ltd
–Desh Rakshak Aushdhalaya Ltd
–Vivanta Industries Ltd
–Vivanza Biosciences Ltd
–Ajooni Biotech Ltd
–Ortin Laboratories Ltd
Note: The data on this list is from 2nd May 2024. You can get a refined and updated version using the Tickertape Stocks Screener.
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As an insatiable reader and learner, I’ve spent the last two years exploring the world of finance. With my creative mind and curious spirit, I love making complex finance topics easy and fun for everyone to understand. Join me on my journey as we navigate the world of finance together!
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