As of 6 Nov 2026, Laurus Labs trades at 94.4× trailing earnings, above the industry P/E of 28.7×. Its ROCE of 20% is the highest among the 7 largest Drug Manufacturers (Specialty & Generic) peers, and sales and net profit grew 3.8% and 4.0% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.42× equity. It is a large-cap company with a market cap of ₹1.3 lakh crore, ranked 4th of 154 Drug Manufacturers (Specialty & Generic) companies by market cap; the shares rose 139% over the past year.
- ₹2,329.70
- ₹2,341.50
- ₹2,309.10
- ₹2,346.00
- 14.5 L
Health check
- ReturnsAhead
+138.6% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 94.4 vs industry 28.7.
- GrowthSlow
Sales +3.8%, profit +4.0% a year over 3 years.
- ProfitabilityAverage
ROCE 19.5% vs peer median 14.9%.
- Balance sheetSolid
Debt 0.42× equity, interest covered 8.3×, Piotroski 8 of 9.
- Red flags1 to check
P/E of 94.4 against an industry P/E of 28.7.
Large cap
Defensive
Key metrics
- Market cap
- ₹1.3L Cr
- Large cap
- P/E
- 94.4
- Industry 28.7
- Price to book
- 20.86
- Peers 4.99
- Dividend yield
- 0.09%
- ROE
- 24.0%
- Peers 13.6%
- ROCE
- 19.5%
- Peers 14.9%
- Debt to equity
- 0.42
- Debt ₹2,625 Cr
- EPS (TTM)
- ₹24.78
- Face value ₹2
- OPM (TTM)
- 30.4%
- Net margin 17.1%
- Sales growth
- +33.4%
- Latest quarter vs a year ago
- Profit growth
- +126.0%
- Latest quarter vs a year ago
- Price to sales
- 16.16
- EV/EBITDA 54.2
Strengths and risks
Strengths
- Return on equity of 24.0%.
- Quarterly profit up 126.0% on a year ago.
- Quarterly sales up 33.4% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 94.4 against an industry P/E of 28.7.
About Laurus Labs
Laurus Labs Limited, together with its subsidiaries, manufactures and sells medicines and active pharmaceutical ingredients (APIs) in India and internationally. The company offers Generics APIs and solid oral drug products for intermediates for anti-retroviral (ARV), anti-diabetic, cardiovascular, anti-asthma, ophthalmology, oncology, and gastroenterology. It also develops and manufactures animal-origin-free recombinant proteins and cell-culture media…
- Headquarters
- Hyderabad
- Employees
- 7,059
- Sector
- Healthcare
- ISIN
- INE947Q01028
- Website
- lauruslabs.com
Price range
- Avg volume (3M)
- 24.5 L
- 1-year return
- plus 138.6%
- From 52-week high
- minus 4.2%
Analyst consensus
Next results expected around 22 Jan 2027
Peers · Drug Manufacturers - Specialty & Generic
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUNPHARMASun Pharmaceutical Industries | 1,860.00 | plus 1.69% | 4,46,276 | 40.7 | 4.99 | 17.9% | 13.1% | 28.2% | 10.4% | 10.6% | 0.87% | plus 8.2% |
| DIVISLABDivi's Laboratories | 10,320.50 | plus 1.78% | 2,73,977 | 93.6 | 16.35 | 19.0% | 16.2% | 34.9% | 11.0% | 12.1% | 0.30% | plus 49.0% |
| TORNTPHARMTorrent Pharmaceuticals | 4,750.00 | plus 0.85% | 1,80,675 | 80.2 | 9.83 | 9.1% | 15.7% | 33.7% | 13.3% | 20.2% | 0.81% | plus 31.7% |
| LAURUSLABSLaurus Labs | 2,340.00 | minus 0.26% | 1,26,433 | 94.4 | 20.86 | 19.5% | 24.0% | 30.4% | 3.8% | 4.0% | 0.09% | plus 138.6% |
| ZYDUSLIFEZydus Lifesciences | 1,197.90 | plus 0.41% | 1,19,491 | 28.6 | 4.29 | 19.0% | 14.7% | 26.2% | 16.5% | 37.0% | 0.08% | plus 22.8% |
| DRREDDYDr. Reddy's Laboratories | 1,373.00 | plus 0.51% | 1,14,462 | 40.9 | 2.96 | 14.2% | 7.3% | 15.9% | 11.0% | −1.7% | 0.59% | plus 13.8% |
| CIPLACipla | 1,411.00 | plus 0.49% | 1,13,993 | 39.4 | 3.22 | 14.9% | 8.3% | 17.3% | 7.2% | 11.5% | 0.93% | minus 6.6% |
| MANKINDMankind Pharma | 2,540.00 | plus 0.87% | 1,04,913 | 46.8 | 5.97 | 13.7% | 13.6% | 26.5% | 17.7% | 14.3% | 0.00% | plus 6.3% |
| Median of 7 peers | – | 0.85% | 1,19,491 | 40.9 | 4.99 | 14.9% | 13.6% | 26.5% | 11.0% | 12.1% | 0.59% | 13.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,570 | 1,778 | 1,812 | 2,026 | 2,206 | |
| 1,187 | 1,298 | 1,299 | 1,388 | 1,456 | |
| 382 | 480 | 512 | 638 | 750 | |
| 24.3% | 27.0% | 28.3% | 31.5% | 34.0% | |
| 10.4 | 5.8 | 11.8 | 9.2 | 13 | |
| 51.5 | 38.8 | 40.4 | 42.2 | 44.1 | |
| 117 | 121 | 122 | 124 | 127 | |
| 224 | 327 | 361 | 481 | 592 | |
| 28.2% | 22.5% | 22.0% | 24.8% | 26.2% | |
| 163 | 252 | 279 | 368 | 441 | |
| 3.02 | 4.65 | 5.17 | 6.80 | 8.16 |
Profit & loss
- Sales CAGR 3Y
- +3.8%
- Profit CAGR 3Y
- +4.0%
- EPS CAGR 3Y
- +4.0%
- ROE
- 24.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6,014 | 5,002 | 5,508 | 6,721 | |
| – | minus 16.8% | +10.1% | +22.0% | |
| 4,396 | 4,222 | 4,453 | 4,935 | |
| 1,618 | 779 | 1,055 | 1,786 | |
| 26.9% | 15.6% | 19.2% | 26.6% | |
| −62.6 | −1.9 | 8.7 | 43.6 | |
| 123 | 172 | 207 | 161 | |
| 324 | 385 | 430 | 480 | |
| 0.2 | 15.1 | 57.1 | −7 | |
| 1,109 | 236 | 484 | 1,182 | |
| 28.2% | 28.8% | 26.8% | 24.7% | |
| 790 | 161 | 358 | 889 | |
| – | minus 79.7% | +123.2% | +148.0% | |
| 14.64 | 2.97 | 6.64 | 16.45 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 108 | 108 | 108 | 108 | |
| 3,930 | 4,003 | 4,365 | 5,192 | |
| 2,015 | 2,577 | 2,764 | 2,518 | |
| 1,608 | 1,699 | 2,099 | 2,693 | |
| 7,660 | 8,387 | 9,336 | 10,511 | |
| 3,700 | 4,048 | 4,316 | 4,879 | |
| 551 | 423 | 458 | 773 | |
| 3.5 | 3.4 | 3.4 | 21.1 | |
| 45.7 | 139 | 99.5 | 113 | |
| 3,360 | 3,774 | 4,458 | 4,725 | |
| 7,660 | 8,387 | 9,336 | 10,511 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 994 | 666 | 602 | 1,624 | |
| −996 | −822 | −682 | −1,089 | |
| −26.6 | 250 | 39.3 | −525 | |
| −28.8 | 93.1 | −40.8 | 10.1 | |
| −990 | −678 | −641 | −1,070 | |
| 3.7 | −12.6 | −39.4 | 554 | |
| −107 | −86.2 | −43.1 | −86.3 |
Shareholding pattern
- Promoters27.47%
- Public72.53%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 27.47% | 72.53% | 0.00 | |
| 30 Jun 2026 | 27.47% | 72.53% | minus 0.02 | |
| 31 Mar 2026 | 27.49% | 72.51% | 0.00 | |
| 31 Dec 2025 | 27.49% | 72.51% | minus 0.10 | |
| 30 Sep 2025 | 27.59% | 72.41% | – |
Major shareholders
Filings & events
News
No recent news coverage found.