On 6 Nov 2026, Unichem Laboratories was priced at ₹501.70, or 11.6× trailing earnings, against an industry P/E of 28.7×, and the shares are 27% below their 52-week high. Its ROCE of 11% is the second-lowest among the 7 largest Drug Manufacturers (Specialty & Generic) peers, and sales grew 18% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Debt is 0.18× equity. It is a small-cap company with a market cap of ₹3,532 Cr, ranked 51st of 154 Drug Manufacturers (Specialty & Generic) companies by market cap; the shares rose 5.5% over the past year.
- ₹485.55
- ₹513.00
- ₹485.00
- ₹493.30
- 84K
Health check
- ReturnsBehind
+5.5% over a year, better than 1 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthStrong
Sales +18.4% a year over 3 years.
- ProfitabilityWeak
ROCE 11.4% vs peer median 17.9%.
- Balance sheetSolid
Debt 0.18× equity, interest covered 10.3×, Piotroski 6 of 9.
- Red flags1 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹3,532 Cr
- Small cap
- P/E
- 11.6
- Industry 28.7
- Price to book
- 1.27
- Peers 4.99
- Dividend yield
- 0.00%
- ROE
- 13.0%
- Peers 14.7%
- ROCE
- 11.4%
- Peers 17.9%
- Debt to equity
- 0.18
- Debt ₹498 Cr
- EPS (TTM)
- ₹43.22
- Face value ₹2
- OPM (TTM)
- 8.3%
- Net margin 14.3%
- Sales growth
- +20.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 1.49
- EV/EBITDA 16.1
Strengths and risks
Strengths
- Quarterly sales up 20.1% on a year ago.
Risks to check
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
About Unichem Laboratories
Unichem Laboratories Limited, a pharmaceutical company, manufactures and sells pharmaceutical products in Asia, Europe, Africa, CIS, the United States, and internationally. The company offers formulation products that address various therapeutic areas, such as gastroenterology, cardiology, diabetology, psychiatry, neurology, anti-bacterial, anti-infective, and pain management. It also offers active pharmaceutical ingredients, as well as contract…
- Headquarters
- Mumbai
- Employees
- 2,780
- Sector
- Healthcare
- ISIN
- INE351A01035
- Website
- unichemlabs.com
Price range
- Avg volume (3M)
- 2.4 L
- 1-year return
- plus 5.5%
- From 52-week high
- minus 27.0%
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% | 0.86% | 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% | 0.29% | 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% | 0.80% | 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% | 0.58% | 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% | 0.92% | minus 6.6% |
| UNICHEMLABUnichem Laboratories | 501.70 | plus 1.70% | 3,532 | 11.6 | 1.27 | 11.4% | 9.8% | 9.9% | 18.4% | – | 0.00% | plus 5.5% |
| Median of 7 peers | – | 0.51% | 1,26,433 | 40.9 | 4.99 | 17.9% | 14.7% | 28.2% | 11.0% | 11.5% | 0.58% | 22.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 527 | 579 | 521 | 575 | 633 | |
| 504 | 550 | 476 | 527 | 563 | |
| 22.5 | 28.9 | 44.8 | 47.7 | 69.9 | |
| 4.3% | 5.0% | 8.6% | 8.3% | 11.1% | |
| 6.8 | 58.3 | 11.8 | 23.5 | 15.6 | |
| 6.5 | 8.2 | 7.4 | 9.4 | 6.6 | |
| 31.8 | 31.5 | 31.3 | 30.6 | 29.9 | |
| – | −58.3 | 276 | −12.4 | – | |
| −9 | −10.8 | 293 | 18.8 | 49 | |
| −16.1% | −9.9% | 9.9% | 41.9% | 15.4% | |
| −10.5 | −11.9 | 264 | 10.9 | 41.5 | |
| -1.49 | -1.69 | 37.47 | 1.55 | 5.89 |
Profit & loss
- Sales CAGR 3Y
- +18.4%
- ROE
- 13.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,302 | 1,738 | 2,064 | 2,159 | |
| – | +33.4% | +18.8% | +4.6% | |
| 1,345 | 1,677 | 1,800 | 1,971 | |
| −42.1 | 60.4 | 265 | 189 | |
| −3.2% | 3.5% | 12.8% | 8.7% | |
| 27.1 | 49.5 | 24.8 | 52.5 | |
| 16.3 | 22.2 | 20.7 | 31.5 | |
| 113 | 123 | 125 | 125 | |
| −31.7 | −49.5 | 10.2 | 208 | |
| −176 | −85 | 155 | 292 | |
| −14.7% | −10.4% | 11.0% | 13.5% | |
| −202 | −93.8 | 138 | 253 | |
| -28.72 | -13.32 | 19.47 | 35.85 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.1 | 14.1 | 14.1 | 14.1 | |
| 2,421 | 2,424 | 2,437 | 2,703 | |
| 314 | 248 | 460 | 500 | |
| 444 | 589 | 659 | 520 | |
| 3,193 | 3,275 | 3,569 | 3,737 | |
| 1,409 | 1,324 | 1,331 | 1,319 | |
| 154 | 130 | 52 | 115 | |
| 0.2 | 0 | 0 | 0 | |
| 185 | 156 | 89.6 | 289 | |
| 1,444 | 1,665 | 2,096 | 2,014 | |
| 3,193 | 3,275 | 3,569 | 3,737 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −85.1 | 14 | −7 | 3.6 | |
| 203 | 50.4 | −241 | 192 | |
| −81.3 | −106 | 184 | 1.9 | |
| 36.4 | −41.9 | −64.5 | 198 | |
| −44.3 | −22.6 | −137 | −123 | |
| −129 | −8.6 | −144 | −119 | |
| −28.3 | −0.2 | −0.3 | −0.4 |
Shareholding pattern
- Promoters70.22%
- Public29.78%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 70.22% | 29.78% | 0.00 | |
| 30 Jun 2026 | 70.22% | 29.78% | 0.00 | |
| 31 Mar 2026 | 70.22% | 29.78% | 0.00 | |
| 31 Dec 2025 | 70.22% | 29.78% | 0.00 | |
| 30 Sep 2025 | 70.22% | 29.78% | – |
Major shareholders
Filings & events
News
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