Neuland Laboratories Limited
NSE: NEULANDLABPharmaceuticals
Share price
₹21,015.00
-2.96% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
64
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹27,320 Cr
P/E ratio
54.7
P/B ratio
14.4
ROCE
26.5%
ROE
21.2%
Dividend yield
0.2%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 78.3% over the past year, and 11.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 14.6% to 30.5% over the last four years.
Whether it grew faster than its sector
It grew 11.3% a year against a sector median of 13.1% — 1.8 percentage points slower.
Room to re-rate, or risk of de-rating
At 54.7× earnings it costs 2.3× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 78.7×, across 5 companies. It is against its own five-year median of 31.7×, the 60th percentile of its own range.
Whether growth justifies the valuation
Priced at 1.8 times its growth rate, on earnings growth of 30%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Neuland Laboratories Limited — this one | 30%/yr | 54.7× | ₹1.8 |
| Sun Pharmaceutical | 13%/yr | 33.4× | ₹2.6 |
| Divi's Laboratories | 13%/yr | 83.3× | ₹6.4 |
| Torrent Pharmaceuticals | 22%/yr | 78.7× | ₹3.6 |
| Zydus Lifesciences | 32%/yr | 23.1× | ₹0.72 |
| Laurus Labs Limited | 4%/yr | 98.6× | ₹24.7 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Pharmaceuticals), it ranks 18 of 130 on returns, 67 of 127 on growth, 23 of 130 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 26.5% on capital, ahead of 86% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹1222 crore of cash from the business, spent ₹904 crore on plant and equipment, and returned ₹121 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 120 arrived as cash (before interest, which is why it can exceed the profit).
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 9 checks clear · 89%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue more than doubled and working-capital days fell from 137 to 84, while the peptide plant start slipped to September
Announced 5 Aug 2026 · Consolidated · Unaudited
Revenue
₹642 Cr
Revenue vs last year
+119.0%
Revenue vs last quarter
-17.3%
Net profit
₹148 Cr
Profit vs last year
+954.8%
Profit vs last quarter
-30.7%
Net margin
23.0%
EPS
₹115.10
Earnings call transcript · 5 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹27,320 Cr
- Prev close
- ₹21,015.00
- 52w High
- ₹24,225
- 52w Low
- ₹11,500
- Enterprise value
- ₹27,266 Cr
- Beta
- 1.0
- Price CAGR 1y
- 40.0%
- Price CAGR 3y
- 77.0%
- Price CAGR 5y
- 71.0%
- Price CAGR 10y
- 36.0%
Ratios
- Return on assets
- 12.4%
- PEG ratio
- 1.8
- P/E ratio
- 54.7
- P/B ratio
- 14.4
- EV / EBITDA
- 35.7
- Industry P/E
- 38.0
- ROCE
- 26.5%
- ROCE 5y average
- 21.8%
- ROE
- 21.2%
- Debt / Equity
- 0.2
- Interest coverage
- 21.4
- Dividend yield
- 0.2%
- ROE 3y average
- 20.0%
- ROE last year
- 21.0%
Annual P&L
- Annual revenue
- ₹2,023 Cr
- Annual profit
- ₹364 Cr
- Operating margin
- 29.0%
- Net profit margin
- 18.0%
- EBITDA margin
- 28.7%
- Sales growth 3y
- 19.3%
- Sales growth 5y
- 16.6%
- Profit growth 3y
- 30.0%
- Profit growth 5y
- 39.0%
- EPS
- ₹284
- Sales growth TTM
- 78.0%
- Profit growth TTM
- 278.0%
- Dividend payout
- 12.0%
Quarter P&L
- Sales latest quarter
- ₹642 Cr
- Profit latest quarter
- ₹148 Cr
- YoY quarterly sales growth
- 119.2%
- YoY quarterly profit growth
- 957.1%
- OPM latest quarter
- 34.7%
Balance Sheet
- Book Value
- ₹1,442
- Face Value
- ₹10.0
- Total debt
- ₹301 Cr
- Total cash
- ₹355 Cr
- Borrowings
- ₹301 Cr
- Reserves / Equity
- 143.2
Cash Flow
- Operating cash flow
- ₹347 Cr
- Free cash flow
- -₹50 Cr
- FCF yield
- -0.3%
- Net cash flow
- -₹55 Cr
Shareholding
- Promoter holding
- 32.6%
- FII holding
- 21.1%
- DII holding
- 16.5%
- Public holding
- 29.8%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Sun Pharma.Inds. | 1,764.85 | 33.5 | 4,23,447 | 0.90 | 2,901.2 | 6.0 | 15,299.9 | 10.5 | 20.5 |
| Divi's Lab. | 9,500.25 | 84.6 | 2,52,202 | 0.31 | 902.0 | 65.5 | 3,080.0 | 27.8 | 22.0 |
| Torrent Pharma. | 4,645.50 | 79.2 | 1,76,700 | 0.81 | 566.0 | 5.8 | 4,921.0 | 54.9 | 15.2 |
| Zydus Lifesci. | 1,116.25 | 22.9 | 1,11,346 | 0.09 | 990.2 | -35.1 | 8,017.0 | 22.0 | 21.1 |
| Laurus Labs | 2,029.00 | 100.3 | 1,09,629 | 0.10 | 362.1 | 125.5 | 2,026.3 | 29.1 | 17.8 |
| Cipla | 1,303.85 | 29.4 | 1,05,334 | 0.98 | 785.6 | -39.2 | 7,119.3 | 2.3 | 15.5 |
| Mankind Pharma | 2,425.20 | 46.9 | 1,00,172 | 0.04 | 574.1 | 29.6 | 4,030.6 | 12.9 | 13.5 |
| Neuland Labs. | 21,410.00 | 55.2 | 27,469 | 0.16 | 147.7 | 962.4 | 641.6 | 119.2 | 26.5 |
| Median | 416.70 | 34.3 | 2,135 | 0.07 | 13.5 | 29.5 | 164.0 | 18.4 | 15.0 |
Competes with: Aurobindo Pharma, Cipla, Divi's Laboratories, Dr Reddy's Laboratories, Laurus Labs Limited, Lupin, Mankind Pharma Limited, Sun Pharmaceutical, Torrent Pharmaceuticals, Zydus Lifesciences
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 363 | 418 | 393 | 385 | 440 | 311 | 398 | 328 | 293 | 514 | 440 | 776 | 642 |
| Expenses | 266 | 280 | 272 | 278 | 316 | 249 | 311 | 277 | 258 | 359 | 363 | 469 | 419 |
| Material Cost | 141 | 161 | 228 | 200 | 231 | 229 | |||||||
| Change in Inventories | -14 | -48 | -44 | -11 | 39 | -7.75 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 66 | 73 | 80 | 89 | 98 | 106 | |||||||
| Other Expenses | 84 | 71 | 95 | 85 | 101 | 91 | |||||||
| Operating Profit | 97 | 137 | 121 | 107 | 123 | 62 | 87 | 51 | 34 | 156 | 77 | 307 | 223 |
| OPM % | 27 | 33 | 31 | 28 | 28 | 20 | 22 | 16 | 12 | 30 | 18 | 40 | 35 |
| Other Income | 2 | 3 | 2 | 5 | 25 | 4 | 60 | 7 | 8 | 2 | 8 | 12 | 8 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 2 | 4 | 4 | 4 | 3 | 1 | 2 | 2 | 5 | 5 | 7 | 7 | 7 |
| Depreciation | 14 | 15 | 15 | 16 | 16 | 16 | 16 | 17 | 20 | 23 | 24 | 25 | 27 |
| Profit before tax | 83 | 122 | 104 | 92 | 130 | 49 | 128 | 39 | 18 | 129 | 54 | 287 | 198 |
| Tax % | 26 | 27 | 22 | 27 | 25 | 34 | 20 | 29 | 21 | 25 | 26 | 26 | 25 |
| Net Profit | 62 | 89 | 81 | 68 | 98 | 33 | 102 | 28 | 14 | 97 | 41 | 213 | 148 |
| EPS in Rs | 48 | 70 | 63 | 53 | 76 | 26 | 79 | 22 | 11 | 75 | 32 | 166 | 115 |
| Diluted EPS in Rs | 22 | 11 | 75 | 32 | 166 | 115 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 469 | 510 | 579 | 527 | 667 | 763 | 937 | 951 | 1,191 | 1,559 | 1,477 | 2,023 | 2,372 |
| Expenses | 402 | 430 | 472 | 477 | 608 | 661 | 790 | 807 | 918 | 1,096 | 1,146 | 1,443 | 1,609 |
| Material Cost | 575 | 820 | |||||||||||
| Change in Inventories | 13 | -64 | |||||||||||
| Purchases of Stock-in-Trade | 0 | 0 | |||||||||||
| Employee Cost | 272 | 341 | |||||||||||
| Other Expenses | 294 | 352 | |||||||||||
| Operating Profit | 67 | 80 | 106 | 51 | 58 | 102 | 147 | 144 | 273 | 463 | 331 | 580 | 763 |
| OPM % | 14 | 16 | 18 | 10 | 9 | 13 | 16 | 15 | 23 | 30 | 22 | 29 | 32 |
| Other Income | 0 | 2 | 1 | 4 | 3 | 4 | 16 | 0 | 9 | 12 | 90 | 25 | 31 |
| Exceptional items (within Other Income) | 76 | 0 | |||||||||||
| Interest | 27 | 24 | 21 | 19 | 16 | 22 | 18 | 14 | 13 | 14 | 8 | 24 | 26 |
| Depreciation | 15 | 16 | 19 | 22 | 26 | 31 | 40 | 49 | 53 | 60 | 66 | 92 | 98 |
| Profit before tax | 25 | 42 | 67 | 14 | 20 | 53 | 105 | 82 | 216 | 401 | 346 | 489 | 669 |
| Tax % | 36 | 36 | 30 | 13 | 19 | 69 | 23 | 22 | 24 | 25 | 25 | 26 | |
| Net Profit | 16 | 27 | 47 | 12 | 16 | 16 | 81 | 64 | 164 | 300 | 260 | 364 | 498 |
| EPS in Rs | 18 | 31 | 53 | 14 | 13 | 13 | 63 | 50 | 127 | 234 | 203 | 284 | 388 |
| Diluted EPS in Rs | 203 | 284 | |||||||||||
| Dividend Payout % | 8 | 7 | 0 | 0 | 0 | 16 | 8 | 10 | 8 | 6 | 6 | 12 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 15%
- 5 years
- 17%
- 3 years
- 19%
- TTM
- 78%
Compounded profit growth
- 10 years
- 29%
- 5 years
- 39%
- 3 years
- 30%
- TTM
- 278%
Stock price CAGR
- 10 years
- 36%
- 5 years
- 71%
- 3 years
- 77%
- 1 year
- 40%
Return on equity
- 10 years
- 14%
- 5 years
- 18%
- 3 years
- 20%
- Last year
- 21%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 152 | 178 | 537 | 549 | 686 | 697 | 774 | 828 | 981 | 1,270 | 1,512 | 1,862 |
| Borrowings | 188 | 182 | 192 | 319 | 231 | 264 | 182 | 241 | 128 | 95 | 157 | 301 |
| Other Liabilities | 162 | 155 | 148 | 194 | 200 | 257 | 356 | 302 | 457 | 454 | 498 | 754 |
| Minority Interest | 0 | 0 | ||||||||||
| Total Liabilities | 512 | 524 | 886 | 1,071 | 1,130 | 1,231 | 1,325 | 1,383 | 1,580 | 1,833 | 2,180 | 2,930 |
| Fixed Assets | 123 | 139 | 466 | 475 | 542 | 653 | 716 | 767 | 758 | 824 | 955 | 1,177 |
| CWIP | 41 | 40 | 20 | 126 | 104 | 24 | 17 | 20 | 41 | 46 | 48 | 211 |
| Investments | 7 | 7 | 8 | 8 | 8 | 8 | 7 | 4 | 1 | 1 | 109 | 2 |
| Other Assets | 340 | 337 | 393 | 463 | 476 | 547 | 585 | 592 | 781 | 962 | 1,068 | 1,541 |
| Total Assets | 512 | 524 | 886 | 1,071 | 1,130 | 1,231 | 1,325 | 1,383 | 1,580 | 1,833 | 2,180 | 2,930 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 13 | 45 | 39 | 11 | 70 | 57 | 189 | 60 | 237 | 261 | 317 | 347 |
| Cash from Investing Activity | -14 | -20 | -42 | -116 | -77 | -49 | -84 | -95 | -61 | -150 | -298 | -423 |
| Cash from Financing Activity | 1 | -24 | -0 | 105 | 12 | -5 | -114 | 38 | -136 | -69 | 25 | 21 |
| Net Cash Flow | 0 | 1 | -4 | -0 | 5 | 3 | -9 | 3 | 40 | 42 | 44 | -55 |
| Free Cash Flow | -1 | 26 | -2 | -121 | 7 | 9 | 84 | -37 | 173 | 119 | 112 | -49 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 85 | 114 | 134 | 90 | 91 | 85 | 90 | 111 | 87 | 78 | 98 |
| Inventory Days | 170 | 182 | 186 | 266 | 191 | 209 | 205 | 227 | 211 | 220 | 238 | 245 |
| Days Payable | 167 | 121 | 118 | 189 | 118 | 110 | 126 | 100 | 129 | 121 | 156 | 129 |
| Cash Conversion Cycle | 103 | 147 | 182 | 211 | 162 | 190 | 164 | 216 | 193 | 187 | 160 | 214 |
| Working Capital Days | 11 | 26 | 44 | 38 | 138 | 137 | 60 | 74 | 81 | 88 | 76 | 75 |
| ROCE % | 16 | 18 | 16 | 4 | 4 | 8 | 11 | 10 | 21 | 33 | 19 | 26 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-54.00inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
92,66,997inr
2026-03-31
News
News and filings about Neuland Laboratories Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Key Starting Materials (KSMs) and advanced intermediates
Buys from
- Ellenbarrie Industrial Gases Limited · industrial/specialty gases — pharmaceuticals
- Laxmi Organic Industries Limited · pharmaceutical specialty intermediates / diketene derivatives
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Healthcare
- Industry
- Pharmaceuticals
- Classification
- Healthcare › Pharmaceuticals
- ISIN
- INE794A01010
Plants
- Peptide Manufacturing Facility · Bonthapally, Telangana
- Unit I Manufacturing Facility · Bonthapally, Telangana
- Unit II Manufacturing Facility · Pashamylaram, Telangana
- Unit III Manufacturing Facility · Gaddapotharam, Telangana
News impact
Big market events that reach Neuland Laboratories Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 24 Jul 2026 | unspecified | ₹34 |
|---|---|---|
| 18 Jul 2025 | unspecified | ₹12 |
| 12 Jul 2024 | unspecified | ₹14 |
| 11 Jul 2023 | unspecified | ₹10 |
| 14 Jul 2022 | unspecified | ₹5 |
| 29 Jun 2021 | unspecified | ₹3 |
| 10 Nov 2020 | interim | ₹2 |
| 18 Feb 2020 | interim | ₹2 |
Splits, bonuses & buybacks
- daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 6 Aug 2026 | HDFC MUTUAL FUND | BUY | 64,547 | ₹21,585.00 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 28 Sep 2026 | Davuluri Saharsh Rao · Promoter and Director | BUY | 10,000 | — |
| 28 Sep 2026 | Davuluri Rohini Niveditha Rao · Promoter Group | SELL | 10,000 | — |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY275 Aug 2026
- Annual report · 2025-269 Jul 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY2612 May 2026
- Earnings call · Q3FY269 Feb 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.