Is the Pharma - Animal sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 3 of 3 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
Pharma - Animal: Viyash Scientific Ltd owns the largest revenue base AND the fastest current growth.
The Pharma - Animal companies below are the listed Indian Pharma - Animal universe this page tracks — the same constituent set people search for as the Nifty Pharma - Animal index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
The line below covers 5.1 years. Over the most recent two of them this sector is 45% ahead of NIFTY 500. Earnings across its companies grew 79% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 27 weeks running.
RS ↑27w · 3/3 >200d (+0) · 3/3 lead (+0) · EPS 3/3↑
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
The 52-week comparison of Pharma - Animal against NIFTY 500 is not available from the current market series. 3 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. NGL Fine Chem Ltd is the strongest against the sector itself at +12.9%. Readings are as of 2026-07-19.
Sector metric: 42.6 as of 2026-07-19 · NARROWING · rising.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
The 52-week sector comparison is unavailable. 3 of 3 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Viyash Scientific Ltd leads with revenue of ₹3,069 crore, based on 3 of 3 comparable companies through Mar 2026. Viyash Scientific Ltd has the fastest current revenue growth at 58.6%, across 3 of 3 comparable companies.
The 52-week sector comparison is unavailable. 3 of 3 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
Viyash Scientific Ltd leads with revenue of ₹3,069 crore, based on 3 of 3 comparable companies through Mar 2026.
Viyash Scientific Ltd has the fastest current revenue growth at 58.6%, across 3 of 3 comparable companies.
NGL Fine Chem Ltd ranks first at 73.4/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.
NGL Fine Chem Ltd has the lowest comparable gross debt at ₹108 crore. Viyash Scientific Ltd has the highest at ₹490 crore.
Viyash Scientific Ltd has the lowest comparable Guarded PEG at 3.8, among 1 of 3 companies that pass the metric’s comparability rules.
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
73.4/100 · Favorable setup · 84% evidence
Exact sum: 34.1 + 17 + 8.3 + 14 = 73.4
Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
Revenue 36.1% · PAT 100% · OPM change 7 pp
95% evidence
ROCE 17% · debt/equity 0.33×
95% evidence
P/E 41.2× · PEG —
35% evidence
RS sector 12.9% · RS bench 60.2% · 1Y 128%
100% evidence
67.7/100 · Favorable setup · 78% evidence
Exact sum: 29.8 + 17.9 + 12 + 8 = 67.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
Revenue 6.8% · PAT 100% · OPM change 11 pp
95% evidence
ROCE 15.2% · debt/equity 0.54×
95% evidence
P/E 37.6× · PEG —
35% evidence
RS sector -29.2% · RS bench 38.5% · 1Y 27%
70% evidence
52.9/100 · Mixed-positive evidence · 94% evidence
Exact sum: 26.9 + 16.1 + 4.9 + 5 = 52.9
Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -14.7% and the one-year return is 43%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
Revenue 58.6% · PAT 100% · OPM change 8 pp
95% evidence
ROCE 13.4% · debt/equity 0.17×
95% evidence
P/E 55.5× · PEG 3.8
85% evidence
RS sector -14.7% · RS bench 25.1% · 1Y 43%
100% evidence
Viyash Scientific Ltd has the highest Revenue among the 3 Pharma - Animal companies compared here, at ₹3,069 crore. NGL Fine Chem Ltd is next at ₹501 crore. The same company also holds the highest Revenue growth, at 58.6%. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Viyash Scientific Ltd is the scale leader at ₹3,069 crore, 512.6% ahead of NGL Fine Chem Ltd. Viyash Scientific Ltd's growth is 58.6% from a ₹3,069 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Viyash Scientific Ltd is the scale benchmark; Viyash Scientific Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Viyash Scientific Ltd's growth falls below Viyash Scientific Ltd's for two consecutive comparable reports while operating margin also compresses.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Viyash Scientific Ltd VIYASH | ₹920 Cr | 129% | Mar 2026 |
| NGL Fine Chem Ltd NGLFINE⚠ unverified | ₹149 Cr | 57% | Mar 2026 |
| Hester Biosciences Ltd HESTERBIO⚠ unverified | ₹100 Cr | 22% | Mar 2026 |
Hester Biosciences Ltd has the highest OPM among the 3 Pharma - Animal companies compared here, at 34%. Viyash Scientific Ltd is next at 20%. The same company also holds the highest Margin change, at +11 percentage points. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Hester Biosciences Ltd leads both opm at 34% and margin change at +11 percentage points.
Investor read: Hester Biosciences Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Hester Biosciences Ltd HESTERBIO⚠ unverified | 34% | +11.0 pp | Mar 2026 |
| Viyash Scientific Ltd VIYASH | 20% | +8.0 pp | Mar 2026 |
| NGL Fine Chem Ltd NGLFINE⚠ unverified | 14% | +7.0 pp | Mar 2026 |
Viyash Scientific Ltd has the highest Net profit among the 3 Pharma - Animal companies compared here, at ₹206 crore. Hester Biosciences Ltd is next at ₹57 crore. Hester Biosciences Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Viyash Scientific Ltd leads with ₹206 crore of TTM profit, 261.4% above Hester Biosciences Ltd. Hester Biosciences Ltd shows ≥100% on the scoring scale (103.6% uncapped) growth from a ₹57 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Viyash Scientific Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Viyash Scientific Ltd VIYASH | ₹66 Cr | 560% | Mar 2026 |
| Hester Biosciences Ltd HESTERBIO⚠ unverified | ₹17 Cr | 750% | Mar 2026 |
| NGL Fine Chem Ltd NGLFINE⚠ unverified | ₹13 Cr | 1,200% | Mar 2026 |
No company in this Pharma - Animal comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 3 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.
NGL Fine Chem Ltd has the lowest Gross debt among the 3 Pharma - Animal companies compared here, at ₹108 crore. Hester Biosciences Ltd is next at ₹195 crore. The same company also holds the lowest Net debt, at ₹65 crore. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: NGL Fine Chem Ltd has the clearest covered balance-sheet capacity with ₹65 crore and gross debt of ₹108 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Viyash Scientific Ltd VIYASH | ₹490 Cr | ₹220 Cr | Mar 2026 |
| Hester Biosciences Ltd HESTERBIO⚠ unverified | ₹195 Cr | ₹188 Cr | Mar 2026 |
| NGL Fine Chem Ltd NGLFINE⚠ unverified | ₹108 Cr | ₹65 Cr | Mar 2026 |
NGL Fine Chem Ltd has the highest ROCE among the 3 Pharma - Animal companies compared here, at 17%. Hester Biosciences Ltd is next at 15.2%. The same company also holds the highest ROCE change, at +6.5 percentage points. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: NGL Fine Chem Ltd leads ROCE at 17%, 1.8 percentage points above Hester Biosciences Ltd. NGL Fine Chem Ltd has the strongest latest improvement at +6.5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: NGL Fine Chem Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Hester Biosciences Ltd HESTERBIO⚠ unverified | 13% | +4.6 pp | Mar 2026 |
| NGL Fine Chem Ltd NGLFINE⚠ unverified | 13% | +6.5 pp | Mar 2026 |
| Viyash Scientific Ltd VIYASH | 8.7% | −0.5 pp | Mar 2026 |
Viyash Scientific Ltd has the lowest Guarded PEG among the 3 Pharma - Animal companies compared here, at 3.8×. Hester Biosciences Ltd has the lowest P/E at 37.6×, so level and change sit with different companies. 1 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Viyash Scientific Ltd has the lowest comparable Guarded PEG at 3.8×. Only 1 of 3 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Viyash Scientific Ltd VIYASH | 3.8 | 43.8 | Mar 2026 |
| Hester Biosciences Ltd HESTERBIO⚠ unverified | — | 27.4 | Mar 2026 |
| NGL Fine Chem Ltd NGLFINE⚠ unverified | — | 37.4 | Mar 2026 |
Hester Biosciences Ltd has the lowest EV/EBITDA among the 3 Pharma - Animal companies compared here, at 15.9×. Viyash Scientific Ltd is next at 18.2×. Viyash Scientific Ltd has the lowest P/BV at 3.77×, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Hester Biosciences Ltd leads ev/ebitda at 15.9×; Viyash Scientific Ltd leads p/bv at 3.77×.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| NGL Fine Chem Ltd NGLFINE⚠ unverified | 20.3 | 4.4 | Mar 2026 |
| Viyash Scientific Ltd VIYASH | 18.2 | 10.1 | Mar 2026 |
| Hester Biosciences Ltd HESTERBIO⚠ unverified | 15.9 | 3.3 | Mar 2026 |
NGL Fine Chem Ltd has the strongest one-year price move in Pharma - Animal at +128%. It also leads on Mansfield relative strength against NIFTY at +60.2%. 3 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
This Pharma - Animal comparison names 6 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 2 draw at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.
All 3 companies in the canonical Pharma - Animal membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Viyash Scientific Ltd VIYASHAHEAD21/26 WEEKS | ₹11.0K Cr | ₹251 | 2026-07-19 | Mar 2026 | Cross-checked |
| Hester Biosciences Ltd HESTERBIOAHEAD⚠ unverified | ₹2.0K Cr | ₹2,367 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| NGL Fine Chem Ltd NGLFINEAHEAD26/26 WEEKS⚠ unverified | ₹2.0K Cr | ₹3,206 | 2026-07-19 | Mar 2026 | Includes unverified figures |
This comparison is built from the reported filings of 3 Pharma - Animal companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
These 17 answers restate the Pharma - Animal comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
The Nifty Pharma - Animal index tracks India's listed Pharma - Animal companies as a single basket. This page follows the same 3 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Pharma - Animal sector rather than to its largest constituent. Figures are as of Mar 2026.
Ranked by this page's four-factor score, NGL Fine Chem Ltd places first among 3 listed Pharma - Animal companies, followed by Hester Biosciences Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
This comparison covers 3 listed Pharma - Animal companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.
Viyash Scientific Ltd is the largest, with trailing-twelve-month revenue of ₹3,069 crore, ahead of NGL Fine Chem Ltd at ₹501 crore. That covers 3 of 3 companies with comparable reporting through Mar 2026.
Viyash Scientific Ltd has the fastest revenue growth at 58.6% year on year, across 3 of 3 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Hester Biosciences Ltd has the highest operating margin at 34%, from 3 of 3 comparable companies. Hester Biosciences Ltd shows the biggest recent improvement, at +11 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Viyash Scientific Ltd earns the most, at ₹206 crore of trailing-twelve-month net profit, from 3 of 3 comparable companies. Hester Biosciences Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
NGL Fine Chem Ltd leads on return on capital employed at 17%, across 3 of 3 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
On guarded PEG — where a LOWER number is cheaper — Viyash Scientific Ltd screens cheapest at 3.8×. Only 1 of 3 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
NGL Fine Chem Ltd carries the lowest comparable gross debt at ₹108 crore, from 3 of 3 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
NGL Fine Chem Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
NGL Fine Chem Ltd scores 73.4 out of 100 with 84% evidence confidence, from 34.1 points on growth and earnings, 17 on capital efficiency, 8.3 on valuation and 14 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
It compares 3 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
The 3 Pharma - Animal companies on this page carry ₹14,956 crore of combined market value. Viyash Scientific Ltd is the largest at ₹10,961 crore, about 73% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
3 of the 3 covered Pharma - Animal companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.