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Laurus Labs Ltd

(LAURUSLABS)

₹485.43.18%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 15 analysts

HOLD

46.67%

Buy

6.67%

Hold

46.67%

Sell

Based on 15 analysts offering long term price targets for Laurus Labs Ltd. An average target of ₹399.47

Source: S&P Global Market Intelligence

Laurus Labs Ltd Share analysis

Laurus Labs Ltd price forecast by 15 analysts

Downside of-20.32%

High

₹516

Target

₹399.47

Low

₹250

Laurus Labs Ltd target price ₹399.47, a slight downside of -20.32% compared to current price of ₹485.4. According to 15 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹477.15
    ₹502
  • 52 Week's Low

    52 Week's High

    ₹349.4
    ₹518
1 Month Return+ 14.82 %
3 Month Return+ 17.07 %
1 Year Return+ 27.34 %
Previous Close₹501.35
Open₹501.45
Volume25.28L
Upper Circuit-
Lower Circuit-
Market Cap₹27,030.75Cr

Key Statistics

P/E Ratio182.31
PEG Ratio-23.62
Market Cap₹27,030.75 Cr
P/B Ratio5.02
EPS3.12
Dividend Yield0.2
SectorPharmaceuticals
ROE5.41

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹27,030.75 Cr124.4%0.67₹168 Cr₹5,040 Cr
HOLD₹27,441.61 Cr33.21%0.55₹362 Cr₹2,226 Cr
HOLD₹74,331.77 Cr45.57%0.56₹1,811 Cr₹12,667 Cr
BUY₹9,341.71 Cr9.36%0.64₹119 Cr₹547 Cr
BUY₹4,533.01 Cr16.24%0.54₹69 Cr₹571 Cr

Company Information

Laurus Labs is a fully integrated pharmaceutical and biotechnology company with a leadership position in the production of generic active pharmaceutical ingredients (APIs) in high-growth therapeutic areas like antiretrovirals (ARVs), Hepatitis C, and Oncology. The company operates 4 manufacturing facilities in Visakhapatnam, Andhra Pradesh, and has invested significantly in their RD and manufacturing infrastructure, having launched 59 products since its inception in 2005. Its key customers include Aspen Pharmacare Limited, Aurobindo Pharma Limited, Cipla Limited, Mylan Laboratories Limited, NATCO Pharma, Strides Shasun, among others. It has 34 owned patents plus 152 pending patent applications in various countries. It is increasingly focused on their integrated generics finished dosage forms FDFs business, having acquired of Sriam Labs and Richcore Lifesciences in the recent years. During 2020, it launched Hydroxychloroquine, initiated TLD supplies for the Global Fund tender, and bargained partnerships with various private and public organizations. On 2022, it infused capital in Laurus Generics Inc . and infused around Rs 46 crore to acquire a stake in Immunoadoptive Cell Therapy Private Limited, among other expansions and operations.

Share Price: ₹485.40 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹27,030.75Cr as of today
Revenue: ₹1,194.91Cr as on June 2024 (Q2 24)
Net Profit: ₹12.21Cr as on June 2024 (Q2 24)
Listing date: 19 Dec, 2016
Chairperson Name: M V G Rao
OrganisationLaurus Labs Ltd
HeadquartersHyderabad
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Key events for Laurus Labs Ltd

  • Laurus Labs Opens New R&D Centre in Telangana - 17 Sep, 2024

    Laurus Labs has inaugurated a new R&D centre in Genome Valley with an investment of Rs 250 crore, aiming to enhance its CDMO business and create over 800 jobs.

  • Laurus Labs Launches New R&D Facility in Hyderabad - 16 Sep, 2024

    Laurus Labs inaugurated a new ₹250 crore R&D center in Hyderabad's Genome Valley, aimed at enhancing its CDMO business and creating 800 jobs. This facility marks the company's fifth R&D center, emphasizing its commitment to innovation and addressing unmet medical needs.

  • Laurus Labs Passes USFDA Inspection Successfully - 14 Sep, 2024

    Laurus Labs' API manufacturing facility in Hyderabad successfully cleared a USFDA inspection with zero 483 observations, enhancing its capability to deliver high-quality pharmaceutical solutions.

  • Laurus Labs Completes Successful FDA Audit - 13 Sep, 2024

    Laurus Labs' API manufacturing facility in Hyderabad successfully completed a U.S. FDA audit from September 9-13, 2024, with zero observations, enhancing its compliance and quality assurance.

  • Laurus Labs Breaks Resistance, Targets Set for Gains - 11 Sep, 2024

    Laurus Labs has broken above the crucial resistance level of Rs501.30, indicating strong upward momentum. With targets of Rs532.50 and Rs540+, the trend appears favorable for continued gains, while a stop loss at Rs494 is advised to manage risk.

  • Laurus Labs Gains from U.S. Legislation Impact - 10 Sep, 2024

    Laurus Labs shares increased by 3.5% as the U.S. legislation to limit sourcing from Chinese biotech firms boosts confidence in Indian pharmaceutical companies.

  • Laurus Labs Faces Profit Booking After Surge - 06 Sep, 2024

    Laurus Labs shares are experiencing profit booking after reaching ₹500, a 52-week high. Despite a recent 14% rally, analysts suggest buying on dips, with targets of ₹570-₹610. The stock remains bullish with a positive technical outlook.

  • Laurus Labs Ltd Sees Notable Stock Surge - 05 Sep, 2024

    Laurus Labs Ltd shares rose 4.39% to Rs 496.5, marking a 21.9% increase over the past year. The stock has gained 17.43% in the last month and is experiencing its third consecutive day of growth, with trading volume significantly above average.

Insights on Laurus Labs Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.68% to 9.18% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Torrent Pharmaceuticals Ltd has given 83.3% return, outperforming this stock by 55.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 146.7% return, outperforming this stock by 167.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 35.07% to 33.59% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 75.61 Cr → 12.51 Cr (in ₹), with an average decrease of 83.5% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.45K Cr → 1.19K Cr (in ₹), with an average decrease of 17.9% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, LAURUSLABS stock has moved down by -20.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.97% to 25.67% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 27.19% to 27.18% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,181.79Cr (-)₹1,224.45Cr (↑3.61%)₹1,194.92Cr (↓2.41%)₹1,439.67Cr (↑20.48%)₹1,194.91Cr (↓17.00%)
Net Income₹28.40Cr (-)₹39.32Cr (↑38.45%)₹25.17Cr (↓35.99%)₹75.32Cr (↑199.25%)₹12.21Cr (↓83.79%)
Net Profit Margin2.40% (-)3.21% (↑33.75%)2.11% (↓34.27%)5.23% (↑147.87%)1.02% (↓80.50%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,740.30Cr (-)₹6,690.16Cr (↑16.55%)₹7,003.02Cr (↑4.68%)₹7,721.10Cr (↑10.25%)
Total Liabilities₹3,028.06Cr (-)₹3,301.95Cr (↑9.05%)₹2,946.20Cr (↓10.77%)₹3,514.05Cr (↑19.27%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹344.68Cr (-)₹694.45Cr (↑101.48%)₹822.97Cr (↑18.51%)₹881.55Cr (↑7.12%)₹658.54Cr (↓25.30%)

Index Inclusions

Nifty Healthcare

₹14,532.25

-1.31 (-193%)

BSE Healthcare

₹43,763.48

-1.23 (-544.38%)

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

NIFTY PHARMA

₹23,025.20

-1.53 (-358.45%)

Nifty Midcap 100

₹59,752.85

-0.71 (-427.9%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

BSE Mid-Cap

₹48,857.07

-0.71 (-349.75%)

Nifty 200

₹14,380.45

-0.28 (-40.1%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

Nifty Midcap 150

₹22,079.90

-0.7 (-155.45%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
27.18%
-0.04
Foreign Institutions
25.67%
-1.15
Mutual Funds
9.18%
37.44
Retail Investors
33.59%
-4.21
Others
4.38%
-13.99

Key Indicators

Details20202021202220232024
Return On Equity %15.6842.2324.5920.435.41
Details20202021202220232024
Return On Assets %6.5717.1312.3711.282.08
Details20202021202220232024
Book Value Per Share (₹)33.0248.4162.3774.9676.28
Details20202021202220232024
Earning Per Share (₹)4.7818.3315.4914.793.12

Laurus Labs Ltd Valuation

Laurus Labs Ltd in the last 5 years

  • Overview

  • Trends

Lowest (16.96x)

March 28, 2023

Industry (58.70x)

September 17, 2024

Today (182.31x)

September 17, 2024

Highest (193.71x)

September 18, 2020

LowHigh

Earnings and Dividends

  • Laurus Labs Ltd Earnings Results

    Laurus Labs Ltd’s net profit fell -49.66% since last year same period to ₹12.51Cr in the Q1 2024-2025. On a quarterly growth basis, Laurus Labs Ltd has generated -83.45% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Laurus Labs Ltd Dividends April,2024

    In the quarter ending March 2024, Laurus Labs Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.40%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Laurus Labs Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Laurus Labs Ltd (LAURUSLABS) share price today is ₹485.4

Laurus Labs Ltd is listed on NSE

Laurus Labs Ltd is listed on BSE

  • Today’s highest price of Laurus Labs Ltd is ₹502.
  • Today’s lowest price of Laurus Labs Ltd is ₹477.15.

PE Ratio of Laurus Labs Ltd is 182.31

PE ratio = Laurus Labs Ltd Market price per share / Laurus Labs Ltd Earnings per share

Today’s traded volume of Laurus Labs Ltd(LAURUSLABS) is 25.28L.

Today’s market capitalisation of Laurus Labs Ltd(LAURUSLABS) is ₹27030.75Cr.

Laurus Labs Ltd(LAURUSLABSPrice
52 Week High
₹518
52 Week Low
₹349.4

Laurus Labs Ltd(LAURUSLABS) share price is ₹485.4. It is down -6.29% from its 52 Week High price of ₹518

Laurus Labs Ltd(LAURUSLABS) share price is ₹485.4. It is up 38.92% from its 52 Week Low price of ₹349.4

Laurus Labs Ltd(LAURUSLABSReturns
1 Day Returns
-15.95%
1 Month Returns
14.82%
3 Month Returns
17.07%
1 Year Returns
27.34%