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MARKETS / BALCAO / ELTP
BALCAO · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Elite Pharmaceuticals Inc. ELTP

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$148.9M
▲ 77.1% YoY
$44.9M
$22.8M
▲ 291.4% YoY
In brief

What this company does

Elite Pharmaceuticals, Inc. is a specialty pharmaceutical company principally engaged in the development and manufacture of oral, controlled-release products, and the manufacture of generic pharmaceuticals. It occupies manufacturing, warehouse, laboratory, and office space at 135, 144, and 165 Ludlow Avenue in Northvale, New Jersey, a facility that operates under Current Good Manufacturing Practice and is registered with the U.S. Drug Enforcement Agency for research, development, and manufacturing. As of June 25, 2026, it had 65 full-time employees, engaged in operations, administration, research, and development. As of March 31, 2026, the Company operated in a single operating and reportable segment, its ANDA segment. For the year ended March 31, 2026, revenue from its ANDA segment was $148.9 million. Elite Pharmaceuticals, Inc. was incorporated on October 1, 1997 under the laws of the State of Delaware, and was reincorporated under the laws of the State of Nevada on January 5, 2012.

Written from the business description in ELITE PHARMACEUTICALS INC /NV/'s annual report to the U.S. Securities and Exchange Commission, filed 29 June 2026. Every sentence was checked against that document before publication.

Growth
USD 148.9M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 148.9 · Net income 44.9
50M100M-20M-40M201020122014201620182020202220242025
Compound annual growth
+63.3%
+42.4%
+28.1%
+26.7%
+132.7%
+54.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +42.4% a year over five years — but profit grew faster: net income at +54.6%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
30 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 33.0% · Net 30.1%
50%100%-500%201020122014201620182020202220242025
ROE
FY2025 · ROE 58.9%
-500%201020122014201620182020202220242025

Each USD of equity produced 59 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 22.8
8M16M-2M-4M201020122014201620182020202220242025

Total assetsUSD 138.3M
EquityUSD 98.9M
CashUSD 30.3M
Current ratio6.45×

Equity funds 72% of total assets.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.10.10.10.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B0.00.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B0.10.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.0−0.00.0−0.0··−0.0−0.0−0.0−0.0−0.0−0.0···
Net income $B0.0−0.00.00.00.00.0−0.0−0.0−0.00.0−0.00.0−0.00.0−0.0−0.0
Free cash flow $B0.00.0−0.0−0.00.0···········
EPS, diluted $0.030.000.020.000.010.000.00−0.01−0.010.01−0.010.02−0.210.00−0.06−0.14
Dividend / sh $················
Payout %················
ROE %58.9−7.846.513.143.038.0−55.0−899.3−24.3·······
Shares out B1.081.071.070.001.011.010.840.820.800.930.710.630.560.370.330.18

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 76 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 19 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onOTC market
Incorporated inNew Jersey
Fiscal year endsMarch 31
SEC categorysmaller reporting company
Data on record since2009

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