NEULANDLABHealthcare

Neuland Laboratories Limited

Pharmaceuticals · ISIN INE794A01010 · BSE 524558 · NSE EQ · FV ₹10
Last price
₹22,665
+0.18%today
What this company does

Neuland Laboratories Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹642 cr of revenue in its latest quarter (Q1 FY27) and kept 23.0% of sales as profit.

In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 33–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns93

How much profit it earns on the money it employs

Balance sheet66

How much it owes, and whether earnings cover the interest

Cash quality47

Whether reported profit actually arrives as cash

Growth & consistency87

Whether sales and profit have grown, and how steadily

Valuation27

What today's price implies, against our models or its peers

Governance & risk74

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 23% net margin
Sales up 119% vs last year
Profit up 962% vs last year
Strong 32% return on equity
Watch-outs
! 2.3% of promoter stake pledged
! Operating cash flow is negative

What if I invest in NEULANDLAB?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹22,665 +0.18%
latest close · 2026-09-17
1-year return
+1288.7%
52-wk low ₹96752-wk high ₹24,225
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio49.2High
LowAverageHigh
P/B ratio15.60High
Below bookModerateHigh
EV / EBITDA31.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity31.5%Strong
WeakFairStrong ▸15%
Return on capital36.9%Strong
WeakFairStrong
Net margin23.0%Strong
ThinDecentStrong
EBITDA margin36.1%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.10Comfortable
LowModerateHigh ▸1
Interest cover29.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.09Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹29,239 cr
Book value
₹1,453
EPS
₹115.10
latest quarter
Net debt
₹120 cr
owes more than its cash
Enterprise value
₹29,359 cr
EBITDA
₹926 cr
annualised
EBIT
₹819 cr
annualised
Operating margin
31.9%
Return on assets
20.2%
Earnings yield
2.03%
P/S
11.39
Sales / share
₹1,989.3
Tax rate
25.4%
Face value
₹10
Shares
1.3 cr
Working capital
₹773 cr
Current assets
₹1,483 cr
Current liabilities
₹710 cr
Delivery %
46.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹1,056₹2,898, midpoint ₹2,036

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹642 cr
Other Income₹8 cr
Total Income₹650 cr
Cost of Materials₹229 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-8 cr
Employee Benefit Expense₹106 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹27 cr
Other Expenses₹91 cr
Total Expenses₹452 cr
Profit before Tax₹198 cr
Tax Expense₹50 cr
Net Profit₹148 cr
Net margin on total income22.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹221 cr34.0%
Employee benefit expense₹106 cr16.4%
Finance costs₹7 cr1.1%
Depreciation & amortisation₹27 cr4.1%
Other expenses₹91 cr14.0%
Tax expense₹50 cr7.7%
Profit for the period₹148 cr22.7%
Total income ₹650 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue440 cr776 cr642 cr
Total income448 cr789 cr650 cr
Expenses393 cr501 cr452 cr
Profit before tax54 cr287 cr198 cr
Tax14 cr75 cr50 cr
Net profit (owners' share)41 cr213 cr148 cr
Net margin (owners' share, on revenue)9.2%27.4%23.0%
EPS (₹)31.62165.76115.10
YoY (latest quarter): total income +116.3% · net profit +962.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,930 cr
Shareholder equity
₹1,874 cr
parent shareholders
Total debt
₹197 cr
Cash
₹77 cr
Cash flow · H1 FY26
Operating
₹-37 cr
Investing
₹-52 cr
Financing
₹-2 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.15%
trailing 12 months
Dividend / share (TTM)
₹34
Last dividend
₹34
ex 24 Jul 2026
ActionDetailEx-date
Dividend₹34 / share24 Jul 2026
Dividend₹12 / share18 Jul 2025
Dividend₹14 / share12 Jul 2024
Dividend₹10 / share11 Jul 2023
Dividend₹5 / share14 Jul 2022
Dividend₹3 / share29 Jun 2021
Who owns it · 2026-06-30
2.3% pledged
Promoter
32.6%
FII / Foreign
21.1%
DII / Domestic
16.5%
Retail / others
29.8%
Promoter stake down 3.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldDavuluri Saharsh Rao · Promoters96,000 · ₹116.1 cr25 Mar 26
SoldDavuluri Saharsh Rao · Promoters12,5004 Mar 26
BoughtDeepthi Davuluri · Promoter Group12,5004 Mar 26
Bulk / block deals
BoughtHDFC MUTUAL FUND · NSE64,547 @ ₹21,5856 Aug 26
short · NSE408 Jun 26
short · NSE2719 Mar 26
Stake changes
SoldMalabar India Fund Limited→ 5.06% · 2.73 L14 Aug 26
SoldSaharsh Rao Davuluri · promoter→ 1.62% · 79,46228 Feb 25
BoughtDavuluri Ownership Trust · promoter→ 25.98% · 79,46228 Feb 25
Promoter pledges
PledgedAditya Birla Money Limited96,000 · 0.00% held25 Mar 26
ReleasedState Bank of India2.00 L · 1.56% held29 Mar 22
PledgedState Bank of India2.00 L · 0.00% held16 May 18
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 5 Nov 2025
See the official result
1
Re-designation of Mr. Davuluri Sucheth Rao (DIN: 00108880) as Executive Vice Chairman
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
31.11 L votes for, 13 against · 0% of mutual funds and other big investors said no
2
Re-designation of Mr. Davuluri Saharsh Rao (DIN: 02753145) as Chief Executive Officer and Managing Director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
31.11 L votes for, 13 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 15 named members
owning 32.6% between them · as of 2026-06-30
Davuluri Ownership Trust (Dr. Davuluri Ramamohan Rao, Mr. Davuluri Sucheth Rao and Mr. Davuluri Saharsh Rao - Trustees)25.98%
DAVULURI SUCHETH RAO2.01%
RAMAMOHAN RAO DAVULURI1.63%
DAVULURI SAHARSH RAO1.52%
DAVULURI ROHINI NIVEDITHA RAO0.67%
GANNABATHULA VEERAVENKATA SATYANARAYANAMURTY0.24%
USHA RANI REDDY CHEVALLA0.21%
DEEPTHI DAVULURI0.10%
Business done with them
FY2026 · 3 of the group
The company paid ₹28 cr to companies in the promoter group last year — about 1.4% of its ₹2,023 cr revenue.
Mr. Davuluri Sucheth Rao
Other payments to them · Security deposit receivable and remuneration payable
also owns 2.01% of the company
₹14 cr
company paid
Mr. Davuluri Saharsh Rao
Other payments to them · Security deposit receivable and remuneration payable
also owns 1.52% of the company
₹14 cr
company paid
Mr. Davuluri Sucheth Rao
Leases As Lessor · Security deposit receivable and remuneration payable
also owns 2.01% of the company
₹1 cr
company received
Mr. Davuluri Saharsh Rao
Leases As Lessor · Security deposit receivable and remuneration payable
also owns 1.52% of the company
₹1 cr
company received
Mrs. Davuluri Vijaya Rao
Leases As Lessor · Security Deposit
also owns 0.04% of the company
₹96.3 L
company received

The company also transacted with 3 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.