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Bliss GVS Pharma Ltd: Why Is It Outperforming Nifty 500?

Active
RS +42.4%Average9w StreakRe-Entry

In Week of Mar 28, 2026, Bliss GVS Pharma Ltd (Pharma - Formulators) is outperforming Nifty 500 with +42.4% relative strength. Fundamentals: Average. On a 9-week streak.

PE: Near PeakRiding Wave

What's Happening

📊PE near cycle highs — limited room for further expansion
💪Debt reduced 41% YoY — balance sheet strengthening
👔Promoter buying — stake up 0.6% this quarter
🌐FII stake increased 1.1% this quarter

Earnings Acceleration Triggers

1. Nine-month growth momentum continuing to FY26
Q4 FY26MEDIUM
2. Interest cost reduction providing bottom-line relief
Next 2 quartersMEDIUM
3. Tax rate normalization
Next 2 quartersMEDIUM

Key Risks

1. Over-reliance on volatile other income
MEDIUM
2. Sequential margin compression
MEDIUM
3. Revenue volatility masking performance
MEDIUM

Key Numbers

PAT Growth YoY
-4%
Inflection Down
Revenue YoY
+4%
Stable
Operating Margin
16.0%
+200 bps YoY
PE Ratio
20.9
PEG Ratio
1.89
EV/EBITDA
14.7
Current Price
₹218
Dividend Yield
0.23%
Fundamental Score
42/100
Average
3Y PAT CAGR
+58%
Market Cap
2.3K Cr
Valuation
Slightly Undervalued

12-Week Performance

Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.

12 weeks agoThis week

Why Are Bliss GVS Pharma Ltd's Earnings Accelerating?

Based on Q3 FY26 earnings • Updated Feb 22, 2026

Nine-month growth momentum continuing to FY26

Expected: Q4 FY26MEDIUM confidence+₹10 Cr revenue

What: Strong 9M performance with 15.13% revenue growth and 32.78% PAT growth expected to drive full-year results

Impact: +₹10 Cr revenue

“Nine-month consolidated operations showed strong growth with 32.78% increase in net profit to ₹9,772.90 lakh and 15.13% revenue growth to ₹73,248.81 lakh”

Interest cost reduction providing bottom-line relief

Expected: Next 2 quartersMEDIUM confidence

What: Interest costs declining to ₹1.49 cr from ₹3.04 cr previous quarter improving PAT margin

“Interest costs declined to ₹1.49 crores in Q3 FY26 from ₹3.04 crores in the previous quarter, providing some relief to the bottom line”

Tax rate normalization

Expected: Next 2 quartersMEDIUM confidence

What: Tax rate expected to return to historical average of 29.46% from elevated 39.41% in Q3

“The tax rate for Q3 FY26 stood at 39.41%, significantly higher than the 29.63% in Q2 FY26 and above the company's average tax rate of 29.46%”

What Are the Key Risks for Bliss GVS Pharma Ltd?

Earnings deceleration risks from management commentary

Over-reliance on volatile other income

MEDIUM

Trigger: Other income remains above 30% of PBT

Impact: -200 bps margin impact

Management view: The quarter's performance was significantly influenced by volatile other income, which surged to ₹18.46 crores in Q3 FY26 from ₹8.46 crores in the previous quarter.

Monitor: Other income as % of PBT

Sequential margin compression

MEDIUM

Trigger: Raw material costs increase or pricing pressure intensifies

Impact: -150 bps margin impact

Management view: Not directly addressed in available sources

Monitor: Operating margin (excl. other income)

Revenue volatility masking performance

MEDIUM

Trigger: Inconsistent demand patterns continue

Impact: -100 bps margin impact

Management view: Not directly addressed in available sources

Monitor: Sequential revenue growth

What Is Bliss GVS Pharma Ltd's Management Saying?

Key quotes from recent conference calls

“Nine-month consolidated operations showed strong growth with 32.78% increase in net profit to ₹9,772.90 lakh and 15.13% revenue growth to ₹73,248.81 lakh — Management”
“Interest costs declined to ₹1.49 crores in Q3 FY26 from ₹3.04 crores in the previous quarter, providing some relief to the bottom line — Management”
“The tax rate for Q3 FY26 stood at 39.41%, significantly higher than the 29.63% in Q2 FY26 and above the company's average tax rate of 29.46% — Management”

What Is Bliss GVS Pharma Ltd's Management Guidance?

Forward-looking targets from management for Next 2-4 quarters

Management Tone: CAUTIOUS

Key Milestones

• Tax rate normalization to historical average

• Interest cost management

How Fast Is Bliss GVS Pharma Ltd Growing?

Revenue, profit and margin growth rates

MetricYoY3Y CAGRTrend
Revenue+4%+3%Stable
PAT (Net Profit)-4%+58%Inflection Down
OPM16.0%+200 bpsStable

The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.

Other Top Pharma - Formulators Stocks Beating Nifty 500

Sun Pharmaceutical Industries Ltd
Strong • 4w streak
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Torrent Pharmaceuticals Ltd
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+23.4%
Dr Reddys Laboratories Ltd
Average • 5w streak
+12.6%
Lupin Ltd
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+22.1%
Zydus Lifesciences Ltd
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+10.0%
← Back to Pharma - FormulatorsDashboard

Frequently Asked Questions: Bliss GVS Pharma Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Bliss GVS Pharma Ltd's latest quarterly results?

Bliss GVS Pharma Ltd's latest quarterly results (Dec 2025) show

  • PAT Growth YoY: -3.8% (inflecting downward)
  • Revenue Growth YoY: +3.8%
  • Operating Margin: 16.0% (stable)

Is Bliss GVS Pharma Ltd's profit growing or declining?

Bliss GVS Pharma Ltd's profit is declining with an inflecting downward trend.

  • PAT Growth YoY: -3.8% (latest quarter)
  • PAT Growth QoQ: -13.8% (sequential)
  • 3-Year PAT CAGR: +57.6%
  • Trend: Inflecting downward — consistent growth pattern

What is Bliss GVS Pharma Ltd's revenue growth trend?

Bliss GVS Pharma Ltd's revenue growth trend is stable.

  • Revenue Growth YoY: +3.8%
  • Revenue Growth QoQ: -10.7% (sequential)
  • 3-Year Revenue CAGR: +2.7%

How is Bliss GVS Pharma Ltd's operating margin trending?

Bliss GVS Pharma Ltd's operating margin is stable.

  • Current OPM: 16.0%
  • OPM Change YoY: +2.0% basis points
  • OPM Change QoQ: -2.0% basis points

What is Bliss GVS Pharma Ltd's 3-year profit and revenue CAGR?

Bliss GVS Pharma Ltd's long-term compounding rates

  • 3-Year Profit CAGR: +57.6%
  • 3-Year Revenue CAGR: +2.7%

Is Bliss GVS Pharma Ltd's growth accelerating or decelerating?

Bliss GVS Pharma Ltd's earnings growth is inflecting downward with mixed signals on a sequential basis.

  • YoY Acceleration: -15.3% bps
  • Sequential Acceleration: +20.3% bps

What is Bliss GVS Pharma Ltd's trailing twelve month (TTM) performance?

Bliss GVS Pharma Ltd's trailing twelve month (TTM) performance

  • TTM PAT: ₹115 Cr
  • TTM PAT Growth: +66.7% YoY
  • TTM Revenue: ₹867 Cr
  • TTM Revenue Growth: +7.0% YoY
  • TTM Operating Margin: 16.4%

Is Bliss GVS Pharma Ltd overvalued or undervalued?

Bliss GVS Pharma Ltd appears slightly undervalued based on our fair value analysis.

  • Valuation Signal: Slightly Undervalued
  • Current PE: 20.9x
  • Price-to-Book: 2.0x

What is Bliss GVS Pharma Ltd's current PE ratio?

Bliss GVS Pharma Ltd's current PE ratio is 20.9x.

  • Current PE: 20.9x
  • Market Cap: 2.3K Cr
  • Dividend Yield: 0.23%

How does Bliss GVS Pharma Ltd's valuation compare to its history?

Bliss GVS Pharma Ltd's current PE is 20.9x.

  • Current PE: 20.9x
  • Valuation Assessment: Slightly Undervalued

What is Bliss GVS Pharma Ltd's price-to-book ratio?

Bliss GVS Pharma Ltd's price-to-book ratio is 2.0x.

  • Price-to-Book (P/B): 2.0x
  • Book Value per Share: ₹107
  • Current Price: ₹218

Is Bliss GVS Pharma Ltd a fundamentally strong company?

Bliss GVS Pharma Ltd is rated Average with a fundamental score of 42.46/100. This score is calculated from objective financial metrics

  • Revenue Growth YoY: +3.8% (10% weight)
  • PAT Growth YoY: -3.8% (10% weight)
  • PAT Growth QoQ: -13.8% (10% weight)
  • Margins stable (10% weight)
  • PEG Ratio: 1.9x vs sector median (15% weight)
  • EV/EBITDA: 14.7x vs sector median (15% weight)

Is Bliss GVS Pharma Ltd debt free?

Bliss GVS Pharma Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹52 Cr

What is Bliss GVS Pharma Ltd's return on equity (ROE) and ROCE?

Bliss GVS Pharma Ltd's return ratios over recent years

  • FY2023: ROCE 12.0%
  • FY2024: ROCE 14.0%
  • FY2025: ROCE 12.0%

Is Bliss GVS Pharma Ltd's cash flow positive?

Bliss GVS Pharma Ltd's operating cash flow is positive (FY2025).

  • Cash from Operations (CFO): ₹106 Cr
  • Free Cash Flow (FCF): ₹31 Cr
  • CFO/PAT Ratio: 118% (strong cash conversion)

What is Bliss GVS Pharma Ltd's dividend yield?

Bliss GVS Pharma Ltd's current dividend yield is 0.23%.

  • Dividend Yield: 0.23%
  • Current Price: ₹218

Who holds Bliss GVS Pharma Ltd shares — promoters, FII, DII?

Bliss GVS Pharma Ltd's shareholding pattern (Dec 2025)

  • Promoters: 35.4%
  • FII (Foreign): 14.5%
  • DII (Domestic): 5.8%
  • Public: 44.3%

Is promoter holding increasing or decreasing in Bliss GVS Pharma Ltd?

Bliss GVS Pharma Ltd's promoter holding has decreased recently.

  • Current Promoter Holding: 35.4% (Dec 2025)
  • Previous Quarter: 35.4% (Sep 2025)
  • Change: -0.03% (decreasing — worth monitoring)

How long has Bliss GVS Pharma Ltd been outperforming Nifty 500?

Bliss GVS Pharma Ltd has been outperforming Nifty 500 for 9 consecutive weeks, indicating consistent outperformance.

Is Bliss GVS Pharma Ltd a new momentum entry or an established outperformer?

Bliss GVS Pharma Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.

What are the growth catalysts for Bliss GVS Pharma Ltd?

Bliss GVS Pharma Ltd has 3 key growth catalysts identified from recent earnings analysis

  • Nine-month growth momentum continuing to FY26
  • Interest cost reduction providing bottom-line relief
  • Tax rate normalization

What are the key risks in Bliss GVS Pharma Ltd?

Bliss GVS Pharma Ltd has 3 key risks worth monitoring

  • Over-reliance on volatile other income
  • Sequential margin compression
  • Revenue volatility masking performance

What did Bliss GVS Pharma Ltd's management say in the latest earnings call?

In Q3 FY26, Bliss GVS Pharma Ltd's management highlighted

  • "Nine-month consolidated operations showed strong growth with 32.78% increase in net profit to ₹9,772.90 lakh and 15.13% revenue growth to ₹73,248.81 l..."
  • "Interest costs declined to ₹1.49 crores in Q3 FY26 from ₹3.04 crores in the previous quarter, providing some relief to the bottom line — Management"
  • "The tax rate for Q3 FY26 stood at 39.41%, significantly higher than the 29.63% in Q2 FY26 and above the company's average tax rate of 29.46% — Managem..."

What is Bliss GVS Pharma Ltd's management guidance for growth?

Bliss GVS Pharma Ltd's management has provided the following forward guidance for Next 2-4 quarters

  • Management tone: cautious
  • Milestone: Tax rate normalization to historical average
  • Milestone: Interest cost management

Is Bliss GVS Pharma Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Bliss GVS Pharma Ltd may be worth studying

  • Valuation: appears slightly undervalued
  • Cash flow is positive — CFO ₹106 Cr

What is the investment thesis for Bliss GVS Pharma Ltd?

Bliss GVS Pharma Ltd investment thesis summary:

Research Signals (Bull Case)

  • Growth catalyst: Nine-month growth momentum continuing to FY26

Risk Factors (Bear Case)

  • Key risk: Over-reliance on volatile other income

What is the future outlook for Bliss GVS Pharma Ltd?

Bliss GVS Pharma Ltd's forward outlook based on current data signals

  • Earnings Trend: inflecting downward
  • Revenue Trend: stable
  • Margin Trend: stable
  • Valuation: Slightly Undervalued
  • Key Catalyst: Nine-month growth momentum continuing to FY26
  • Key Risk: Over-reliance on volatile other income

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.