Shark Tank's Namita Thapar-backed Emcure Pharma dips over 2%; here’s what triggered the slide

Shares of Emcure Pharmaceuticals declined by more than 2% on Friday, with more than 1 lakh shares changing hands—sharply higher than the two-week average volume of 4,396 shares. The stock witnessed selling pressure amid reports that American private investment firm Bain Capital was looking to sell an equity stake worth ₹551 crore via a block deal.

Bain Capital-affiliated entity BC Investments IV was reportedly planning to offload a 2.4% stake, or 4.5 million shares, in the company at a floor price of ₹1,279.80 apiece, a marginal discount against its previous closing of ₹1,280.30 on the BSE. 

As of March 2025, BC Investments IV owned an 8.68% stake, or 16.4 million shares, in Emcure Pharma, while Shark Tank judge Namita Vikas Thapar held 5.07 million shares, or a 2.68% stake, in the pharmaceutical company. The promoter groups owned a majority stake of 77.9% in the firm.

In response to reports on the block deal, Emcure Pharma shares declined as much as 2.5% to ₹1,247.65 on the BSE. The pharma stock opened at ₹1,265.15, down 1.2% against the previous closing price. At the time of reporting, the midcap stock was down 1.9% at ₹1,256, with a market capitalisation of ₹23,800 crore.

Emcure Pharmaceuticals made its market debut on July 10, 2024. The shares of the Pune-based company have risen 27% against its IPO price of ₹1,008, while it touched its record high level of ₹1,577.50 on September 18, 2024. The counter slipped to its lowest of ₹890 on April 7.

For the fourth quarter ended March 2025, Emcure Pharmaceuticals reported a 63% year-on-year (YoY) jump in consolidated net profit to ₹197 crore, while revenue from operations stood at ₹2,116 crore, up 19.5% YoY, driven by performance across both its domestic and international businesses. On the operating front, Ebitda grew 25.2% YoY to ₹390 crore, while the margin increased to 18.4% from 17.6% in the corresponding period last year.

Last month, Emcure Pharma received its board's approval to sign a deal with minority shareholders of Zuventus Healthcare, one of its subsidiaries, to acquire their shareholding. Following the completion of this transaction, expected to close in Q2FY26, Zuventus will become a wholly owned subsidiary of Emcure.

“The domestic market remains a strategic priority for Emcure. This transaction will enable full financial consolidation of Zuventus and drive long-term value creation for Emcure, through alignment across its domestic business and unlock synergies,” it said in a BSE filing on June 21.

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