Novartis India (NSE:NOVARTIND) EPS without NRI: ₹37.70 (TTM As of Mar. 2026)


NSE:NOVARTIND Novartis India Ltd NSE:NOVARTIND
62 GF Score
Price ₹1,494.60
GF Value ₹642.38
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Novartis India EPS without NRI?

Novartis India NSE:NOVARTIND +1.93% 62 EPS without NRI is ₹37.70 as of Mar. 2026. GuruFocus rates NSE:NOVARTIND with a GF Score™ of 62/100 and a GF Value™ of ₹642.38 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 786 Drug Manufacturers companies, Novartis India ranks worse than 70.48% on this metric.

Novartis India's earnings per share without non-recurring items for the three months ended in Mar. 2026 was ₹10.21. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₹37.70.

During the past 12 months, Novartis India's average earnings per share (NRI) Growth Rate was -11.20% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -5.10% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 36.70% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Novartis India's EPS without NRI or its related term are showing as below:

NSE:NOVARTIND' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -39.9   Med: -4.25   Max: 118.7
Current: -5.1

During the past 13 years, Novartis India's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 118.70% per year. The lowest was -39.90% per year. And the median was -4.25% per year.

NSE:NOVARTIND's 3-Year EPS without NRI Growth Rate is ranked worse than
70.48% of 786 companies
in the Drug Manufacturers industry
Industry Median: 9.6 vs NSE:NOVARTIND: -5.10

Novartis India's EPS (Diluted) for the three months ended in Mar. 2026 was ₹10.23. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹37.75.

Novartis India's EPS (Basic) for the three months ended in Mar. 2026 was ₹10.23. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹37.75.


Novartis India  (NSE:NOVARTIND) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Novartis India EPS without NRI Related Terms


Novartis India EPS without NRI Historical Data

* Premium members only.

The historical data trend for Novartis India's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Novartis India EPS without NRI Chart

Novartis India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 44.14 33.50 42.47 37.71

Novartis India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.80 11.18 9.80 6.51 10.21

NSE:NOVARTIND vs ZTS, UTHR: EPS without NRI Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Novartis India's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Novartis India PE Ratio without NRI vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Novartis India's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Novartis India's PE Ratio without NRI falls into.


NSE:NOVARTIND
62GF Score
Novartis India Ltd NSE:NOVARTIND
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Novartis India EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹37.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of ₹37.70 mean?
Novartis India (NSE:NOVARTIND) has a EPS without NRI of ₹37.70 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Novartis India and its competitors. According to the industry distribution chart, Novartis India ranks #554 out of 786 companies in the Drug Manufacturers industry, placing it in the top 70.5%.
Is Novartis India's EPS without NRI too high?
Novartis India's current EPS without NRI is ₹37.70. Based on the distribution chart, Novartis India ranks #554 out of 786 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Novartis India has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novartis India's EPS without NRI compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Novartis India ranks #554 out of 786 companies for EPS without NRI. This places Novartis India in the lower half of its industry. The industry median EPS without NRI is 9.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Drug Manufacturers company?
The median EPS without NRI among Drug Manufacturers companies is 9.60, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Novartis India and its competitors. For the Drug Manufacturers industry, the median EPS without NRI is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novartis India's current EPS without NRI is ₹37.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novartis India stock overvalued right now?
Based on GuruFocus' analysis, Novartis India (NSE:NOVARTIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹642.38, compared to a current price of ₹1,494.60 — trading 132.7% above its estimated fair value. The current EPS without NRI is ₹37.70. Novartis India's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Novartis India (NSE:NOVARTIND), the current EPS without NRI is ₹37.70 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Novartis India (NSE:NOVARTIND) Overvalued in 2026?

Based on GuruFocus' analysis, Novartis India stock appears to be overvalued. The current stock price of ₹1,494.60 is trading 132.7% above its estimated GF Value™ of ₹642.38. GuruFocus considers Novartis India to be Significantly Overvalued.

Key valuation signals for NSE:NOVARTIND:

  • EPS without NRI: ₹37.70
  • GF Value™: ₹642.38 vs. price of ₹1,494.60 (132.7% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the NSE:NOVARTIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Novartis India Business Description

Other Exchanges 500672:India
Address Inspire BKC, Part of 601 & 701, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Novartis India Ltd is an Indian-based pharmaceutical company. The company is engaged in the trading of Drugs and Pharmaceuticals. It derives revenue from operations in India. The company operates in a single business segment, namely Pharmaceutical Business. Its Pharmaceutical business focuses on Bone and Pain, Transplantation Immunology, and Neurosciences.
62GF Score

Get the complete analysis for NSE:NOVARTIND

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,494.60
Price
₹642.38
GF Value