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Elite Pharmaceuticals Inc (ELTP)

Elite Pharmaceuticals Inc brought in $141M of revenue over the twelve months to June 30, 2026, up 33.7% from a year earlier. Net income was $56.7M, a net margin of 40.2%. Operating cash flow minus capital spending left $22.8M of free cash flow in fiscal 2026. At June 30, 2026 it held $39.4M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.

Watch ELTP in 60 seconds
Price
$0.25
-3.85% on the day · September 28, 2026
52-week range $0.24 to $0.69
Market cap
$269.3M
Revenue (last 12 months)
$141M
+33.7% year on year
Net margin
40.2%
P/E
8.3
on FY2026 diluted EPS

What Elite Pharmaceuticals Inc does

Elite Pharmaceuticals Inc is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on OTC under the ticker ELTP.

Revenue and profit by year

Revenue
FY19: $7.6M $7.6M FY19FY20: $18M $18M FY20FY21: $25.4M $25.4M FY21FY22: $32.3M $32.3M FY22FY23: $34.2M $34.2M FY23FY24: $56.6M $56.6M FY24FY25: $84M $84M FY25FY26: $148.9M $148.9M FY26
Net income
FY19: -$9.3M -$9.3M FY19FY20: -$2.2M -$2.2M FY20FY21: $5.1M $5.1M FY21FY22: $8.9M $8.9M FY22FY23: $3.6M $3.6M FY23FY24: $20.1M $20.1M FY24FY25: -$4.3M -$4.3M FY25FY26: $44.9M $44.9M FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$148.9M$49.1M$44.9M$0.03$22.8M
2025$84M$19.6M-$4.3M$0.00$5.8M
2024$56.6M$10.8M$20.1M$0.02-$4M
2023$34.2M$3.7M$3.6M$0.00-$2.4M
2022$32.3M$5.1M$8.9M$0.01$6M
2021$25.4M$2.1M$5.1M$0.00n/a

Full financial statements: income, balance sheet and cash flow

Next report expected around November 13, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 14, 2025. Not a date the company has announced. See the report calendar

Where ELTP ranks in Health care

Revenue$148.9M
#296 of 742 in Health care · Top 40%
Revenue growth+77.1%
#63 of 529 in Health care · Top 12%
Net margin30.1%
#34 of 541 in Health care · Top 6%
Free cash flow margin15.3%
#86 of 488 in Health care · Top 17%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Elite Pharmaceuticals Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 13, 2026
  2. August 13, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue fell 20% to $32.4M versus the same quarter last year; diluted EPS $0.01 versus -$0.01.
  3. August 11, 2026
  4. August 10, 2026
  5. August 4, 2026
  6. June 29, 2026
  7. June 29, 2026
    Annual report 10-K · period to March 31, 2026Revenue rose 77% to $148.9M versus the prior year; diluted EPS $0.03 versus $0.00.
  8. June 23, 2026
  9. June 15, 2026
  10. June 1, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 10, 2026. Insider transactions on SEC

What is ELTP worth? A DCF from its reported cash flow

Insider trades

What the people running Elite Pharmaceuticals Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $8.6K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$8.6K
last 90 days
Sold
$0
last 90 days
Net bought
30,000
$8.6K
DateInsiderWhatSharesPriceValueFiling
August 19, 2026 Dash Barry HDirector Bought 30,000 $0.29 $8.6K Form 4
January 9, 2026 Plassche DouglasEVP Operations Exercised options 2,500,000 $0.03 $75K Form 4
October 2, 2025 Plassche DouglasEVP Operations Sold 800,000 $0.62 $499.2K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns ELTP

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

We have not read this company's Schedule 13D and 13G filings yet.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

2 insiders reported holding 12,765,555 shares in total, about $3.2M at the last price.

HolderSharesAs of
Plassche DouglasEVP Operations 9,500,000 January 9, 2026
Dash Barry HDirector 3,265,555 August 19, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about ELTP

What does Elite Pharmaceuticals Inc do?

Elite Pharmaceuticals Inc is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on OTC under the ticker ELTP.

Is Elite Pharmaceuticals Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $56.7M on revenue of $141M, a net margin of 40.2%.

How much revenue does Elite Pharmaceuticals Inc make?

Over the twelve months to June 30, 2026 Elite Pharmaceuticals Inc reported revenue of $141M. That is 33.7% more than a year earlier.

When did Elite Pharmaceuticals Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 10, 2026.

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Where the numbers come from

Financial figures are the values Elite Pharmaceuticals Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.