ELTP vs GRML vs RDY Stock Comparison

Elite Pharmaceuticals, Greenland Mines and Dr Reddys Laboratories Prices as of Oct 26, 2026 Peers: Industry group
GRML Greenland Mines Ltd
$5.79 -60.5% 1M +929.2% 1Y
Market cap
$14.52M
P/E
–
Revenue (TTM)
—
Div. yield
–
Generic Drugs Healthcare
1 win

Head to Head

10 decided of 12

Elite Pharmaceuticals leads on 7 of the 12 questions below (Elite Pharmaceuticals 7, Dr Reddys Laboratories 2, Greenland Mines 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionELTPGRMLRDYLeader
Larger companyMarket capitalisation $259.61M $14.52M $11.45B RDY
Cheaper on earningsLower P/E, profitable companies only 4.6x -0.7x 31.5x ELTP
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 28.7x –
Faster revenue growthRevenue growth, trailing twelve months +33.7% — -10.5% ELTP
More profitableNet margin, trailing twelve months 40.2% — 10.2% ELTP
Better return on capitalReturn on invested capital 29.2% — 5.6% ELTP
Less leveragedLower net debt / EBITDA -1.0x — 1.2x ELTP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -61.9% +929.2% -5.6% GRML
Better 5-year returnAnnualised price return, 5 years +43.1%/yr — +2.3%/yr ELTP
Less volatileAnnualised volatility, 1 year 57.5% 445.7% 27.6% RDY
Higher overall scoreMean of the five percentile scores vs peers 88/100 34/100 58/100 ELTP

Percentile Scorecard

ELTPGRMLRDY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisELTPGRMLRDY
Valuation 98 #16 of 626 13 #542 of 626 91 #57 of 626
Growth 91 #53 of 604 2 #590 of 604 10 #546 of 604
Profitability 91 #51 of 555 68 #179 of 555 83 #95 of 555
Financial Health 76 #157 of 658 78 #147 of 658 44 #371 of 658
Shareholder Returns 86 #53 of 368 7 #342 of 368 64 #135 of 368
Overall 88 34 58
  • ELTP ranked among 673 companies in Pharmaceuticals and Biotechnology
  • GRML ranked among 673 companies in Pharmaceuticals and Biotechnology
  • RDY ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodELTPGRMLRDYSPY
1 month -7.7%-60.5%+12.2% -0.8%
3 months -36.8%+2,947.4%+16.9% +3.5%
6 months -31.4%+1,129.8%-1.5% +7.0%
Year to date -51.0%+1,903.5%-2.0% +12.2%
1 year -61.9%+929.2%-5.6% +13.0%
3 years +100.0%-45.8%+5.8% +86.3%
3 years, per year +26.0%-18.5%+1.9% +23.1%
5 years +500.0%—+12.2% +68.6%
5 years, per year +43.1%—+2.3% +11.0%
10 years +50.0%—+41.7% +258.0%
10 years, per year +4.1%—+3.5% +13.6%

Risk

MeasureELTPGRMLRDYSPY
Volatility, 1Y 57.5%445.7%27.6% 12.7%
Downside volatility, 1Y 71.6%158.9%30.5% 12.7%
Beta vs S&P 500, 1Y 0.692.770.28 1.00
Return / volatility, 1Y -1.082.08-0.20 1.02
Max drawdown, 5Y -71.4%-99.0%-32.3% -25.4%
From 52-week high -64.7%-61.1%-10.5% -1.8%
52-week high $0.68$14.89$15.38 $779.14
52-week low $0.22$0.17$11.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleELTPGRMLRDY
P/E now vs peer median 4.6xmedian 17.1x -0.7xmedian 17.1x 31.5xmedian 17.1x
P/S now vs peer median 1.8xmedian 8.8x —median 8.8x 3.2xmedian 8.8x
EV/EBITDA now vs peer median 6.1xmedian 17.1x —median 17.1x 22.9xmedian 17.1x
P/FCF now vs peer median 14.8xmedian 18.0x -1.0xmedian 18.0x 822.9xmedian 18.0x
P/B now vs peer median 2.5xmedian 2.1x 0.3xmedian 2.1x 2.8xmedian 2.1x
PEG now vs peer median 0.04median 0.31 0.01median 0.31 -1.48median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsELTPGRMLRDY
Revenue $141.01M – $3.56B
Gross profit $61.31M – $1.76B
Operating income $34.94M -$18.67M $347.04M
Net income $56.67M -$21.77M $299.19M
Free cash flow $17.53M -$14.22M $13.96M
R&D $6.10M $1.28M $244.48M
EPS (diluted) $0.05 $-8.60 $0.44
Cash & equivalents $39.42M $9.34M $138.41M
Total debt $9.58M $2.07M $752.59M
Shares (diluted) 1.13B 2.53M 833.33M
Enterprise value $141.29M -$19.35M $10.79B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricELTPGRMLRDY
P/E 4.6x -0.7x 31.5x
P/FCF 14.8x -1.0x 822.9x
P/Operating cash flow 13.6x -1.0x 33.8x
P/S 1.8x – 3.2x
P/B 2.5x 0.3x 2.8x
P/Tangible book 2.6x 1.6x 3.9x
EV/EBITDA 6.1x – 22.9x
EV/EBIT 6.3x -0.3x 34.9x
EV/Revenue 1.6x – 3.4x
EV/FCF 12.6x -0.4x 866.9x
EV/Operating cash flow 11.6x -0.4x 35.6x
PEG (3Y EPS CAGR) 0.04 0.01 -1.48

Growth

14 metrics
MetricELTPGRMLRDY
Revenue growth (1Y) 33.7% – -10.5%
Revenue CAGR (3Y) 58.4% – 3.2%
Gross profit growth (1Y) 4.2% – -21.5%
Gross profit CAGR (3Y) 53.5% – -2.3%
Operating income growth (1Y) -6.7% -127.6% -58.2%
Operating income CAGR (3Y) 101.7% -166.2% -24.1%
Net income growth (1Y) 624.0% -91.7% -55.9%
Net income CAGR (3Y) 134.4% -125.4% -21.5%
EPS growth (1Y) 596.0% 48.6% -54.1%
EPS CAGR (3Y) 118.3% -48.2% -21.3%
Operating cash flow growth (1Y) -0.2% -158.2% -39.6%
Operating cash flow CAGR (3Y) 152.2% -236.9% -27.1%
Free cash flow growth (1Y) -2.8% -158.2% -98.4%
Free cash flow CAGR (3Y) 81.0% -236.9% -73.6%

Profitability

14 metrics
MetricELTPGRMLRDY
Gross margin 43.5% – 49.5%
EBITDA margin 25.9% – 14.9%
Operating margin 24.8% – 9.7%
Pretax margin 46.2% – 10.7%
Net margin 40.2% – 10.2%
FCF margin 12.4% – 0.4%
Operating cash flow margin 13.5% – 9.5%
Return on equity 55.6% -39.8% 7.4%
Return on assets 40.8% -34.9% 5.0%
Return on invested capital 29.2% – 5.6%
Return on capital employed 32.2% -30.5% 7.9%
Asset turnover 1.0x – 0.6x
Cash conversion (OCF / net income) 0.3x 0.7x 1.1x
Stock comp / revenue 0.1% – 0.1%

Financial Health

11 metrics
MetricELTPGRMLRDY
Debt / assets 1.7% 0.5% 12.6%
Debt / equity 0.0x 0.0x 0.2x
Net debt / EBITDA -1.0x – 1.2x
Debt / FCF 0.1x 0.0x 53.9x
Liabilities / assets 24.9% 10.9% 32.2%
Equity / assets 75.1% 89.1% 67.8%
Interest coverage 69.4x -2,872x 7.2x
Current ratio 3.8x 10.1x 1.9x
Quick ratio 3.0x 7.7x 0.7x
Cash ratio 1.3x 7.7x 0.1x
Altman Z-score 6.31 – 5.54

Shareholder Returns

7 metrics
MetricELTPGRMLRDY
Dividend yield – – 0.6%
Net buyback yield -0.1% -49.5% -0.1%
Shareholder yield -0.1% -49.5% 0.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusELTPGRMLRDY
Forward P/E – – 28.7xFY2026
EPS, next fiscal year – – $0.48FY2026
EPS growth, next FY – – -11.1%FY2026
EPS growth, the year after – – +20.8%
Revenue, next fiscal year – – $3.82BFY2026
Revenue growth, next FY – – +8.7%FY2026
Revenue growth, the year after – – +3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELTPGRMLRDY
Held by institutions 0.0% 12.0% 15.1%
Institutions holding 1 47 238
Change in shares held, QoQ – +96.3% +4.3%
Institutions buying 1 34 107
Institutions selling 0 2 97
Buyers to sellers – 17.00 1.10

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ELTPGRMLRDY
ELTP 1.00 -0.04 0.01
GRML -0.04 1.00 0.06
RDY 0.01 0.06 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, ELTP, GRML and RDY?

Dr Reddys Laboratories (RDY) is the largest by market capitalisation: Elite Pharmaceuticals (ELTP) $259.61M, Greenland Mines (GRML) $14.52M, Dr Reddys Laboratories (RDY) $11.45B.

Which stock is cheaper, ELTP, GRML and RDY?

Elite Pharmaceuticals (ELTP) trades on the lowest price-to-earnings ratio (Elite Pharmaceuticals (ELTP) 4.6x, Greenland Mines (GRML) -0.7x, Dr Reddys Laboratories (RDY) 31.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elite Pharmaceuticals (ELTP) grew revenue fastest over the trailing twelve months: Elite Pharmaceuticals (ELTP) +33.7%, Dr Reddys Laboratories (RDY) -10.5%.

Which company is more profitable?

Elite Pharmaceuticals (ELTP) has the highest net margin (Elite Pharmaceuticals (ELTP) 40.2%, Dr Reddys Laboratories (RDY) 10.2%). On return on invested capital, Elite Pharmaceuticals (ELTP) leads (Elite Pharmaceuticals (ELTP) 29.2%, Dr Reddys Laboratories (RDY) 5.6%).

Which stock has performed better?

Over the past year Greenland Mines (GRML) returned the most: Elite Pharmaceuticals (ELTP) -61.9%, Greenland Mines (GRML) +929.2%, Dr Reddys Laboratories (RDY) -5.6%. Over five years, Elite Pharmaceuticals (ELTP) compounded fastest (Elite Pharmaceuticals (ELTP) +43.1%/yr, Dr Reddys Laboratories (RDY) +2.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Elite Pharmaceuticals (ELTP) 57.5%, Greenland Mines (GRML) 445.7%, Dr Reddys Laboratories (RDY) 27.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ELTP, GRML and RDY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elite Pharmaceuticals (ELTP) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.