Neuland Laboratories Ltd
Neuland Laboratories is engaged in manufacturing and selling of bulk drugs and caters to both domestic and international markets.[1]
- Market Cap ₹ 21,285 Cr.
- Current Price ₹ 16,590
- High / Low ₹ 19,748 / 11,011
- Stock P/E 58.5
- Book Value ₹ 1,461
- Dividend Yield 0.07 %
- ROCE 26.6 %
- ROE 21.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 38.7% CAGR over last 5 years
Cons
- Stock is trading at 11.4 times its book value
- Promoter holding has decreased over last 3 years: -3.50%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 469 | 510 | 579 | 527 | 667 | 763 | 937 | 951 | 1,191 | 1,559 | 1,477 | 2,023 | |
| 402 | 430 | 472 | 477 | 608 | 661 | 790 | 807 | 918 | 1,096 | 1,146 | 1,448 | |
| Operating Profit | 67 | 80 | 106 | 51 | 58 | 102 | 147 | 144 | 273 | 463 | 331 | 574 |
| OPM % | 14% | 16% | 18% | 10% | 9% | 13% | 16% | 15% | 23% | 30% | 22% | 28% |
| 0 | 2 | 1 | 4 | 3 | 4 | 16 | 0 | 9 | 12 | 90 | 30 | |
| Interest | 27 | 24 | 21 | 19 | 16 | 22 | 18 | 14 | 13 | 14 | 8 | 24 |
| Depreciation | 15 | 16 | 19 | 22 | 26 | 31 | 40 | 49 | 53 | 60 | 66 | 92 |
| Profit before tax | 25 | 42 | 67 | 14 | 20 | 53 | 105 | 82 | 216 | 401 | 346 | 489 |
| Tax % | 36% | 36% | 30% | 13% | 19% | 69% | 23% | 22% | 24% | 25% | 25% | 26% |
| 16 | 27 | 47 | 12 | 16 | 16 | 81 | 64 | 164 | 300 | 260 | 364 | |
| EPS in Rs | 17.96 | 30.75 | 52.74 | 13.57 | 12.81 | 12.63 | 62.85 | 49.74 | 127.45 | 233.89 | 202.74 | 283.71 |
| Dividend Payout % | 8% | 7% | 0% | 0% | 0% | 16% | 8% | 10% | 8% | 6% | 6% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 19% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 39% |
| 3 Years: | 30% |
| TTM: | 75% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | 49% |
| 3 Years: | 80% |
| 1 Year: | 50% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | 21% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 |
| 188 | 182 | 192 | 319 | 231 | 264 | 182 | 241 | 128 | 95 | 157 | 301 | |
| 162 | 155 | 148 | 194 | 200 | 257 | 356 | 302 | 457 | 454 | 498 | 754 | |
| Total Liabilities | 512 | 524 | 886 | 1,071 | 1,130 | 1,231 | 1,325 | 1,383 | 1,580 | 1,833 | 2,180 | 2,930 |
| 123 | 139 | 466 | 475 | 542 | 653 | 716 | 767 | 758 | 824 | 955 | 1,178 | |
| CWIP | 41 | 40 | 20 | 126 | 104 | 24 | 17 | 20 | 41 | 46 | 48 | 210 |
| Investments | 7 | 7 | 8 | 8 | 8 | 8 | 7 | 4 | 1 | 1 | 109 | 2 |
| 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
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | 45 | 39 | 11 | 70 | 57 | 189 | 60 | 237 | 261 | 317 | 347 | |
| -14 | -20 | -42 | -116 | -77 | -49 | -84 | -95 | -61 | -150 | -298 | -424 | |
| 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 | -56 |
| Free Cash Flow | -1 | 26 | -2 | -121 | 7 | 9 | 84 | -37 | 173 | 119 | 112 | -50 |
| CFO/OP | 33% | 70% | 52% | 28% | 128% | 61% | 132% | 56% | 103% | 81% | 119% | 78% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 247 |
| Days Payable | 167 | 121 | 118 | 189 | 118 | 110 | 126 | 100 | 129 | 121 | 156 | 130 |
| 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% | 27% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Transcript of the Earnings Call conducted on May 12, 2026
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 May - Audio recording link shared for May 12, 2026 earnings call for quarter and year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
12 May - Neuland reported FY26 income of Rs. 2,053.1 crore, EBITDA Rs. 603.4 crore; Q4FY26 call at 17:30 IST.
Annual reports
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Financial Year 2025
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Business Segments
1. Prime APIs
This segment comprises ~15 mature large volume APIs in a highly competitive market. The key molecules in this primary revenue generating segment are Levetiracetam and Mirtazapine. [1]