Is Torrent Pharmaceuticals Ltd. (TORNTPHARM) Halal?

Torrent Pharmaceuticals Ltd. (TORNTPHARM) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 33.91% exceeds limit 33.33%.

What is the dividend purification rate for TORNTPHARM?

The non-permissible dividend purification factor for Torrent Pharmaceuticals Ltd. is 0.28%.

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TORNTPHARM

NSEHealthcareCap: ₹1.75L Cr

Torrent Pharmaceuticals Ltd.

+20.94%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Debt Ratio: 33.91% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹1.75L Cr

P/E Ratio

77.9x

P/B Ratio

9.5x

52W High

₹5,250

52W Low

₹3,532.6

Div. Yield

82.00%

Shares O/S

38.04 Cr

Where Does the Money Come From?

Revenue breakdown for Torrent Pharmaceuticals Ltd.

Core Healthcare OperationsPermissible Operating Activity

Permissible: Core operations in Healthcare.

99.7%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

0.3%of Total Revenue

About Torrent Pharmaceuticals Ltd.

Permissible: Core operations in Healthcare.

Interest-Bearing Debt Ratio

33.91%Max: ≤ 33.0%

Cash & Securities Liquidity

5.32%Max: ≤ 33.0%

Impure Revenue Ratio

0.28%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Healthcare

Can't invest in TORNTPHARM? Consider these instead

MSCI Verified

ACUTAAS

Acutaas Chemicals Ltd.

HalalPurification: 0.64%

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Granules India Ltd.

HalalPurification: 0.13%

SUNPHARMA

Sun Pharmaceutical Industries Ltd.

HalalPurification: 1.57%

Purification & Zakat Calculator

Calculate how much to donate for TORNTPHARM

⚠️ Note: TORNTPHARM is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.