EN DE

Anthem Biosciences Ltd (ANTHEM) Fair Value & Analysis

Healthcare · IN · Market cap ₹436B (≈ $4.6B)

What is Anthem Biosciences Ltd really worth?

AB Anthem Biosciences Ltd ANTHEM · NSE
Price₹934.05
Fair Value₹211.75
Upside−77.3%
Quality66/100

A solid business, but trading 341% above our fair value of ₹211.75.

Watch Anthem Biosciences Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Healthy Growth (revenue 3y +26.2 %/yr)
Highly profitable · 27.8% net margin
Low debt · generates free cash flow
Wide moat 86/100

Risks

!Mixed vs. peers (8/14)
!Weak on dividend: 4 out of 100

For context

·0.21% dividend yield
Evidence: High Range ₹152.56 – ₹342.22

Fair value as of: Aug 23, 2026

From 24 valuation models · updated 13 days ago

Share price +13.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹342.22). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹152.56 to ₹342.22) leaves room in how you read the outcome.

Price vs Fair Value (13 months)

₹950.70 ₹586.32 Fair Value ₹211.75 Jul 2025 Sep 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 23, 2026.

How to read this chart

13‑month range ₹586.32 – ₹950.70 · fair‑value band ₹152.56 – ₹342.22 · the ₹934.05 price screens above the ₹211.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Aug 23, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Anthem Biosciences Ltd (ANTHEM) currently trades at ₹934.05, while our model-based Fair Value estimate is ₹211.75, implying the stock looks roughly 341.1% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Healthcare sector. Bull case: the DCF Models group reads highest at a median of ₹332.82 per share, and 0 of the 24 models we run sit above the ₹934.05 price. Bear case: the Asset-Based group reads lowest at ₹36.29, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Anthem Biosciences Ltd generated revenue of ₹21.2B at a net margin of 27.9%. Revenue grew 26.4% year over year. It earns a return on equity of 21.7%. The balance sheet holds a net cash position of ₹2.2B. Fundamentals as of Aug 23, 2026

Our scenario range runs from ₹152.56 (bear case) to ₹342.22 (bull case); at ₹934.05, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 61% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −59% fair-value upside, at −77%, ANTHEM screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹3.61 per share, which is 1.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (₹36.29 to ₹466.86). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV best evidence ₹87.59 ₹102.27 ₹115.32 74
FCF DCF ₹205.40 ₹366.15 ₹815.41 71
Growth DCF ₹198.21 ₹413.51 ₹830.14 70
All 24 models by family
DCF Models
FCF DCF ₹205.40 ₹366.15 ₹815.41 71
Owner Earnings ₹151.00 ₹332.82 ₹717.79 67
5Y Revenue Exit ₹119.86 ₹206.54 ₹346.68 67
5Y EBITDA Exit ₹169.69 ₹317.13 ₹544.03 69
5Y P/E Exit ₹182.34 ₹357.84 ₹577.70 66
10Y Revenue Exit ₹141.10 ₹247.58 ₹392.20 62
10Y EBITDA Exit ₹179.83 ₹339.79 ₹617.47 62
10Y P/E Exit ₹188.84 ₹363.20 ₹649.75 58
Earnings-Based
Graham-Dodd ₹71.64 ₹466.86 ₹653.23 60
Lynch FV ₹135.77 ₹193.96 ₹252.15 58
PEG = 1.0 ₹135.77 ₹193.96 ₹252.15 55
EPV best evidence ₹87.59 ₹102.27 ₹115.32 74
Multiples
P/E Multiple ₹173.84 ₹231.78 ₹289.73 63
P/S Multiple ₹99.27 ₹132.37 ₹165.46 58
P/B Multiple ₹134.33 ₹179.10 ₹223.88 55
EV/EBIT ₹163.23 ₹216.17 ₹269.12 66
EV/EBITDA ₹160.26 ₹212.22 ₹264.17 67
EV/Revenue ₹83.82 ₹117.86 ₹151.89 54
Asset-Based
NCAV (Graham) ₹27.08 ₹36.29 ₹54.16 54
Growth DCF
Growth DCF ₹198.21 ₹413.51 ₹830.14 70
Rev-Margin DCF ₹119.86 ₹210.51 ₹341.81 68
Economic Profit
Residual Income ₹75.82 ₹109.02 ₹672.54 61
ROIC Compounder ₹107.41 ₹160.81 ₹218.52 68
Growth Earnings
Growth-Adj P/E ₹194.70 ₹278.14 ₹361.58 65

Widest divergence: DCF Models (₹332.82) versus Asset-Based (₹36.29). Highest evidence: EPV (74).

Notify me when ANTHEM reaches fair value

Put ANTHEM on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 89.8
P/S ratio 25.0 P/E × margin
EPS (TTM) ₹10.40 price ÷ EPS = P/E 89.8
Dividend yield 0.2% payout 19.2%
Net margin 27.9% FY2026
Return on equity 21.7% TTM
More key figures
Profitability
Return on assets (EBIT) 21.9% avg 5y
Operating margin 38.4% TTM
Growth
Revenue (TTM) ₹21.3B TTM
Revenue growth (YoY) +26.0% 3y avg +26.2%
EPS growth (YoY) +126%
Balance sheet & cash flow
Free cash flow ₹7.1B FY2026
Net cash ₹2.2B FY2026

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 67 · Market factors (momentum, volatility) 69

Profitability 71
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 20
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 75
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Anthem Biosciences Limited operates as technology-focused contract research, development, and manufacturing organization. It operates through two segments: Contract Research, Development & Manufacturing (CRDMO) services; and Speciality Ingredients.

Full company description

Anthem Biosciences Limited operates as technology-focused contract research, development, and manufacturing organization. It operates through two segments: Contract Research, Development & Manufacturing (CRDMO) services; and Speciality Ingredients. The company offers end-to-end services across the new chemical entity and new biological entity lifecycles, including target identification and the concept stage; preclinical development; and manufacturing development batches of molecules used for clinical Phase I, II, and III trials up to commercial manufacturing of RNA-based therapies, antibody-drug conjugates, peptides and oligonucleotides, lipids, biologics and biotherapeutics, fermentation, biosynthesis and biotransformation, and flow chemistry. It also manufactures and sells complex specialized fermentation-based active pharmaceutical ingredients (APIs), including serratiopeptidase protease and vitamin K2; microbial and mammalian biosimilars; probiotics, such as bacillus species, lactobacillus species, bifidobacterium species, streptococcus species and saccharomyces boulardii; enzymes; peptides, including semaglutide, plecanatide, linaclotide, liraglutide, and cilengitide; nutritional actives, vitamin analogues, and APIs. The company was incorporated in 2006 and is based in Bengaluru, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Anthem Biosciences Ltd reported revenue of ₹21.2B in FY2026 versus ₹12.3B in FY2022, a compound +14.6%/yr. Reported net income was ₹5.9B in FY2026, compounding +9.9%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹21.2B
Latest YoY
+15.2%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.2%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+7.8% (7.6 + 0.2)
Revenue +14.6%/yr
FY22 ₹12.3B
FY23 ₹10.6B
FY24 ₹14.2B
FY25 ₹18.4B
FY26 ₹21.2B
Net income +9.9%/yr
FY22 ₹4.1B
FY23 ₹3.9B
FY24 ₹3.7B
FY25 ₹4.5B
FY26 ₹5.9B

ANTHEM screens 341% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Anthem Biosciences Ltd Fair Value". https://www.fairvalue-calculator.com/stock/ANTHEM

Peer Group

Biotechnology · 622 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 66 · Top 25%
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 22% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 28% · Top 25%
Operating margin (TTM) 38% · Top 25%
Revenue growth 26% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/E (TTM) 89.8× · Pricier than 75% of peers
P/B 14.35× · Pricier than 75% of peers
P/S (TTM) 20.50× · Pricier than 75% of peers
P/FCF 0.7× · Cheaper than 75% of peers
EV/EBITDA 51.7× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 0
PAST87 · sector 0
HEALTH100 · sector 98
DIVIDEND4 · sector 26

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Biotechnology stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $547.55 $278.78 −49%
Regeneron Pharmaceuticals, Inc REGN $807.71 $594.40 −26%
argenx SE ARGX €877.60 €292.84 −67%
Samsung Biologics Co 207940 1,518,000 KRW 1,055,793 KRW −30%
CSL Limited CSL A$174.50 A$141.68 −19%
Alnylam Pharmaceuticals, Inc ALNY $228.61 $51.70 −77%
Royalty Pharma plc RPRX $60.58 $24.22 −60%
Celltrion, Inc 068270 190,700 KRW 74,519 KRW −61%
BeOne Medicines AG ONC $362.51 $111.35 −69%
BioNTech SE BNTX $111.40 $45.66 −59%

Compare Anthem Biosciences Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Anthem Biosciences Ltd (ANTHEM) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of ₹211.75 versus a price of ₹934.05, about −77% upside (overvalued).
What is the fair value of ANTHEM?
Our model-based fair value for Anthem Biosciences Ltd is ₹211.75 (as of Aug 23, 2026), built from audited fundamentals. The current price: ₹934.05.
What is the quality score of ANTHEM?
Anthem Biosciences Ltd has a Quality Score of 66/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Anthem Biosciences Ltd (ANTHEM)?
Anthem Biosciences Ltd reported trailing-twelve-month revenue of about ₹21.2B (latest available figure, as of Aug 23, 2026).
What is the net profit margin of ANTHEM?
The net profit margin of Anthem Biosciences Ltd is about 27.9%, meaning it keeps roughly 27.9% of revenue as net income. Based on the latest reported figures.
Does Anthem Biosciences Ltd pay a dividend?
Anthem Biosciences Ltd currently shows a dividend yield of about 0.21% relative to its recent price (as of Aug 23, 2026).
Free · no account needed

Watch Anthem Biosciences Ltd in the live analysis

One click puts Anthem Biosciences Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.