ELTP (Elite Pharmaceuticals) Gross Profit: $75.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELTP Elite Pharmaceuticals Inc ELTP
60 GF Score
Price $0.36
GF Value $0.57
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Elite Pharmaceuticals Gross Profit?

Elite Pharmaceuticals ELTP -1.10% 60 Gross Profit is $75.0 Mil as of Mar. 2026. GuruFocus rates ELTP with a GF Score™ of 60/100 and a GF Value™ of $0.57 (Possible Value Trap). The stock has 2 warning signs investors should review.

Elite Pharmaceuticals's gross profit for the three months ended in Mar. 2026 was $20.8 Mil. Elite Pharmaceuticals's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $75.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Elite Pharmaceuticals's gross profit for the three months ended in Mar. 2026 was $20.8 Mil. Elite Pharmaceuticals's Revenue for the three months ended in Mar. 2026 was $40.7 Mil. Therefore, Elite Pharmaceuticals's Gross Margin % for the quarter that ended in Mar. 2026 was 50.98%.

Elite Pharmaceuticals had a gross margin of 50.98% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Elite Pharmaceuticals was 52.93%. The lowest was 37.89%. And the median was 46.66%.


Elite Pharmaceuticals  (OTCPK:ELTP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Elite Pharmaceuticals had a gross margin of 50.98% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Elite Pharmaceuticals Gross Profit Related Terms


Elite Pharmaceuticals Gross Profit Historical Data

* Premium members only.

The historical data trend for Elite Pharmaceuticals's Gross Profit 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.

Elite Pharmaceuticals Gross Profit Chart

Elite Pharmaceuticals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.80 16.59 26.36 40.09 75.02

Elite Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 17.30 27.23 14.07 12.95 20.77

ELTP vs EOLS, EBS, AQST: Gross Profit Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Elite Pharmaceuticals's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Elite Pharmaceuticals Gross Profit vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Elite Pharmaceuticals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Elite Pharmaceuticals's Gross Profit falls into.


ELTP
60GF Score
Elite Pharmaceuticals Inc ELTP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elite Pharmaceuticals Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Elite Pharmaceuticals's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=148.87 - 73.846
=75.0

Elite Pharmaceuticals's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=40.748 - 19.976
=20.8

Gross Profit 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 $75.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Elite Pharmaceuticals's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=20.8 / 40.748
=50.98 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $75.0 Mil mean?
Elite Pharmaceuticals (ELTP) has a Gross Profit of $75.0 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Elite Pharmaceuticals and its competitors.
Is Elite Pharmaceuticals' Gross Profit too high?
Elite Pharmaceuticals' current Gross Profit is $75.0 Mil. Overall, Elite Pharmaceuticals has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elite Pharmaceuticals' Gross Profit compare to EOLS and EBS?
Elite Pharmaceuticals' Gross Profit of $75.0 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Drug Manufacturers company?
A good Gross Profit depends on the Drug Manufacturers industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Elite Pharmaceuticals and its competitors. Elite Pharmaceuticals's current Gross Profit is $75.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Elite Pharmaceuticals (ELTP) is currently considered Possible Value Trap. The stock's GF Value™ is $0.57, compared to a current price of $0.36 — trading 36.7% below its estimated fair value. The current Gross Profit is $75.0 Mil. Elite Pharmaceuticals' overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Elite Pharmaceuticals (ELTP), the current Gross Profit is $75.0 Mil 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 Elite Pharmaceuticals (ELTP) Overvalued in 2026?

Based on GuruFocus' analysis, Elite Pharmaceuticals stock appears to be undervalued. The current stock price of $0.36 is trading 36.7% below its estimated GF Value™ of $0.57. GuruFocus considers Elite Pharmaceuticals to be Possible Value Trap.

Key valuation signals for ELTP:

  • Gross Profit: $75.0 Mil
  • GF Value™: $0.57 vs. price of $0.36 (36.7% below fair value)
  • GF Score™: 60/100 with 2 warning signs

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


Elite Pharmaceuticals Business Description

Address 165 Ludlow Avenue, Northvale, NJ, USA, 07647
Elite Pharmaceuticals Inc is a pharmaceutical company. It is principally engaged in the development and manufacture of oral, controlled-release products, using proprietary know-how and technology. The company's operating segment includes Abbreviated New Drug Applications (ANDA) and New Drug Applications (NDA). It generates maximum revenue from the ANDA segment. The company focuses on developing pain management products; manufacturing a line of generic pharmaceutical products with approved Abbreviated New Drug Applications; developing additional generic pharmaceutical products; development of other products in its pipeline including the products with its partners; and commercialization of new products.
60GF Score

Get the complete analysis for ELTP

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.36
Price
$0.57
GF Value