Elite Pharmaceuticals (ELTP) Tax Rate (2010 - 2026)
Elite Pharmaceuticals (ELTP) recorded Tax Rate of 23.40% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 11.93 percentage points from the prior quarter.
Elite Pharmaceuticals (ELTP) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Elite Pharmaceuticals' Tax Rate came in at 12.95% as of Jun 30, 2026; for FY2026 (ended Mar 31, 2026), it was 21.02%.
- Annual Tax Rate has a three-year change of +10.38 percentage points (FY2023 to FY2026).
- Across earlier fiscal years, Tax Rate came in at 10.64% in FY2023.
- The fiscal Q1 2027 figure is the highest quarterly Tax Rate since fiscal Q1 2025.
- Per Business Quant, the preceding three fiscal quarters came in at 11.48% (Q4 2026), 10.75% (Q3 2026) and 12.67% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | - |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | - |
| 10 | Elite Pharmaceuticals | 258.43 Mn | 140.10 Mn | 13.51 Mn | 23.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.40% |
| Mar 31, 2026 | 11.48% |
| Dec 31, 2025 | 10.75% |
| Sep 30, 2025 | 12.67% |
| Mar 31, 2025 | 12.02% |
| Jun 30, 2024 | 27.36% |
| Jun 30, 2023 | 11.95% |
| Dec 31, 2022 | 1.33% |
| Sep 30, 2022 | 0.76% |
| Sep 30, 2021 | 0.22% |
| Sep 30, 2020 | 0.10% |
| Sep 30, 2012 | 0.10% |
| Dec 31, 2010 | 0.02% |
| Sep 30, 2010 | 0.06% |
Elite Pharmaceuticals Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ELTP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ELTP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ELTP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();