Morepen Laboratories Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.2x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SUNPHARMA Sun Pharmaceutical Industries Limited | ₹1,758 | ₹4.2L Cr | 33.2 | 5.05 | 16 | 20.5 | 0.07 |
| DIVISLAB Divi's Laboratories Limited | ₹9,559 | ₹2.4L Cr | 79.8 | 15.15 | 16.5 | 22 | 0.01 |
| TORNTPHARM Torrent Pharmaceuticals Limited | ₹4,557 | ₹1.7L Cr | 79.3 | 9.43 | 27.4 | 15.2 | 0.77 |
| ZYDUSLIFE Zydus Lifesciences Limited | ₹1,176 | ₹1.1L Cr | 23.1 | 4.37 | 21.2 | 21.1 | 0.38 |
| APOLLOHOSP Apollo Hospitals Enterprise Limited | ₹8,137 | ₹1.1L Cr | 52.8 | 12.35 | 21.2 | 17.4 | 0.88 |
| CIPLA Cipla Limited | ₹1,366 | ₹1.1L Cr | 30.2 | 3.21 | 11.6 | 15.5 | 0.01 |
| LAURUSLABS Laurus Labs Limited | ₹2,182 | ₹1.1L Cr | 97.4 | 22.22 | 18.3 | 17.8 | 0.46 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MOREPENLAB · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 38.22% | 38.22% | 38.22% | 35.66% | 35.66% | 35.66% |
| FII | 2.11% | 1.85% | 1.67% | 2.08% | 2.22% | 1.94% |
| DII | 2.21% | 2.15% | 2.14% | 1.69% | 1.64% | 1.67% |
| Public | 57.46% | 57.76% | 57.96% | 60.57% | 60.46% | 60.72% |
| Govt | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Dividend - Re 0.20 Per Share
Record: 18 Sept 2026
MOREPENLAB : 26-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 22, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held
Dividend - Re 0.20 Per Share
Record: 29 Aug 2025
Annual General Meeting
Annual General Meeting
Latest News
All newsMorepen Labs announces Q2 and H1 FY27 results
*Morepen Labs announces Q2 and H1 FY27 results* released via newspaper publication. Financial performance for the quarter and half year ended 30 September 2026 is now public. **Key numbers** include revenue and profit figures impacting near-term outlook. Special window for physical share dematerialization also announced. 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #HIGHIMPACT #Earnings
Morepen Q2 revenue hits record ₹755 Cr, EBITDA up 273%
*Morepen Q2 revenue hits record ₹755 Cr, EBITDA up 273%* — Morepen Laboratories reported a record Q2 revenue of **₹755 Cr**, with EBITDA soaring **273%** to **₹132 Cr**, driven by strong CDMO momentum. H1 EBITDA reached **₹220 Cr**, signaling a major leap in profitability and operational scale. This sharp earnings scale-up reflects robust demand and execution efficiency. 📊 *STOCKS:* MOREPENLAB | 🏢 *SECTOR:* Pharma | #HIGHIMPACT #Earnings
Morepen Labs reports Q2FY26 financial results
*Morepen Labs reports Q2FY26 financial results.* The company released its unaudited financial results for the quarter ended September 30, 2026. Results were in line with market expectations, with revenue at **₹320 crore** and net profit at **₹38 crore**. No major corporate actions were announced. 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #Earnings
Morepen Labs reports Q1 FY26 financial results
*Morepen Labs reports Q1 FY26 financial results.* The company released its financial performance for the quarter ended June 30, 2026, via a newspaper publication. Key metrics like revenue, profit, and margins will be closely analyzed by traders for guidance and future outlook. **Earnings announcement may trigger volatility in the counter.** 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #HIGHIMPACT #Earnings
Morepen reports record Q1 revenue, EBITDA up 207%, PAT up 394%
*Morepen reports record Q1 revenue, EBITDA up 207%, PAT up 394%*. The company posted its highest-ever quarterly revenue and earnings in Q1 FY27. EBITDA surged by **207%** while PAT jumped **394%** year-on-year. Its CDMO segment has entered full-scale commercialization, marking a key growth milestone. 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #HIGHIMPACT #Earnings
Morepen Labs reports Q1 FY26 financial results
*Morepen Labs reports Q1 FY26 financial results.* The company announced its financial performance for the quarter ended June 30, 2026. Results were submitted to the stock exchange as part of mandatory corporate disclosure. No major deviations or surprises were indicated in the filing. 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #Earnings
Morepen submits first U.S. ANDA for CDMO expansion
*Morepen submits first U.S. ANDA for CDMO expansion* — Morepen Laboratories has filed its first Abbreviated New Drug Application (ANDA) in the U.S., marking a key step in its integrated CDMO strategy. The move strengthens its global footprint and could unlock future revenue streams. **First U.S. filing** enhances long-term growth prospects in the generics market. 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #CDMO
Morepen completes first phase of capacity expansion ahead of schedule
*Morepen completes first phase of capacity expansion ahead of schedule.* The company has finished the initial stage of its manufacturing capacity expansion **ahead of schedule**, boosting production capabilities. This development is expected to support revenue growth and operational efficiency in the coming quarters. The expansion aligns with its long-term strategic goals in the domestic and export markets. 📊 *STOCKS:* $MOREPENLAB | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #CapacityExpansion
Morepen starts commercial supplies under ₹825 Cr CDMO mandate
*Morepen starts commercial supplies under ₹825 Cr CDMO mandate.* The company has commenced commercial-scale deliveries under a **₹825 crore** CDMO agreement, marking a key milestone in its contract development and manufacturing business. This order strengthens its revenue visibility and operational scale in the pharma export segment. 📊 *STOCKS:* MOREPENLAB | 🏢 *SECTOR:* Pharma | #MEDIUMIMPACT #CDMO
Morepen Labs shares flat after investor presentation
*Morepen Laboratories Limited held an investor presentation with no major announcements.* The stock reacted mildly, trading **flat** on the NSE. Key metrics like **Q4 revenue growth of 8% YoY** and **EBITDA margin at 15%** were reiterated. Guidance for FY25 remains unchanged. 📊 *STOCKS:* MOREPENLAB | 🏢 *SECTOR:* Pharma | #LOWIMPACT #investor-presentation
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹484 Cr 17.5% | ₹412 Cr 3.1% | ₹425 Cr 8.8% | ₹466 Cr 2.9% | ₹453 Cr 3.4% | ₹438 Cr 3.7% | ₹455 Cr 7.6% | ₹423 Cr |
| Op. Profit | ₹46 Cr 48.4% | ₹31 Cr 29.2% | ₹24 Cr 42.9% | ₹42 Cr 16.7% | ₹36 Cr 18.2% | ₹44 Cr 15.4% | ₹52 Cr 8.3% | ₹48 Cr |
| OPM | 10.0% 42.9% | 7.0% 16.7% | 6.0% 33.3% | 9.0% 12.5% | 8.0% 20.0% | 10.0% 9.1% | 11.0% 0.0% | 11.0% |
| Net Profit | ₹28 Cr 31.7% | ₹41 Cr 272.7% | ₹11 Cr 45.0% | ₹20 Cr 25.9% | ₹27 Cr 22.9% | ₹35 Cr 2.8% | ₹36 Cr 24.1% | ₹29 Cr |
| EPS (₹) | 0.5 33.3% | 0.75 275.0% | 0.2 45.9% | 0.37 24.5% | 0.49 23.4% | 0.64 9.9% | 0.71 29.1% | 0.55 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.8K Cr 0.3% | ₹1.8K Cr 7.2% | ₹1.7K Cr 19.2% | ₹1.4K Cr 8.3% | ₹1.5K Cr 30.2% | ₹1.2K Cr 39.3% | ₹853 Cr 10.9% | ₹769 Cr 26.7% | ₹607 Cr 2.0% | ₹595 Cr |
| Expenses | ₹1.7K Cr 2.6% | ₹1.6K Cr 6.9% | ₹1.5K Cr 14.5% | ₹1.3K Cr 5.1% | ₹1.4K Cr 31.8% | ₹1.1K Cr 36.3% | ₹785 Cr 12.0% | ₹701 Cr 29.3% | ₹542 Cr 1.5% | ₹534 Cr |
| Op. Profit | ₹126 Cr 27.6% | ₹174 Cr 9.4% | ₹159 Cr 98.8% | ₹80 Cr 41.6% | ₹137 Cr 15.1% | ₹119 Cr 72.5% | ₹69 Cr 1.5% | ₹68 Cr 4.6% | ₹65 Cr 6.6% | ₹61 Cr |
| OPM | 7.0% 30.0% | 10.0% 11.1% | 9.0% 50.0% | 6.0% 33.3% | 9.0% 10.0% | 10.0% 25.0% | 8.0% 11.1% | 9.0% 18.2% | 11.0% 10.0% | 10.0% |
| Other Income | ₹47 Cr 161.1% | ₹18 Cr 28.6% | ₹14 Cr 133.3% | ₹6 Cr 40.0% | ₹10 Cr 16.7% | ₹12 Cr 33.3% | ₹9 Cr 125.0% | ₹4 Cr 0.0% | ₹4 Cr 0.0% | ₹4 Cr |
| Interest | ₹16 Cr 100.0% | ₹8 Cr 100.0% | ₹4 Cr 100.0% | ₹2 Cr 128.6% | ₹-7 Cr 450.0% | ₹2 Cr 0.0% | ₹2 Cr 0.0% | ₹2 Cr 50.0% | ₹4 Cr 50.0% | ₹8 Cr |
| Depreciation | ₹36 Cr 24.1% | ₹29 Cr 12.1% | ₹33 Cr 17.9% | ₹28 Cr 0.0% | ₹28 Cr 6.7% | ₹30 Cr 18.9% | ₹37 Cr 7.5% | ₹40 Cr 17.6% | ₹34 Cr 0.0% | ₹34 Cr |
| PBT | ₹120 Cr 22.6% | ₹155 Cr 14.8% | ₹135 Cr 141.1% | ₹56 Cr 55.9% | ₹127 Cr 28.3% | ₹99 Cr 153.8% | ₹39 Cr 34.5% | ₹29 Cr 3.3% | ₹30 Cr 25.0% | ₹24 Cr |
| Tax % | 20.0% 16.7% | 24.0% 17.2% | 29.0% 6.5% | 31.0% 55.0% | 20.0% 1900.0% | 1.0% 92.9% | 14.0% 1300.0% | 1.0% | 0.0% | 0.0% |
| Net Profit | ₹96 Cr 18.6% | ₹118 Cr 21.6% | ₹97 Cr 148.7% | ₹39 Cr 61.8% | ₹102 Cr 5.2% | ₹97 Cr 185.3% | ₹34 Cr 17.2% | ₹29 Cr 3.3% | ₹30 Cr 25.0% | ₹24 Cr |
| EPS (₹) | 1.73 19.5% | 2.15 14.4% | 1.88 147.4% | 0.76 64.3% | 2.13 1.4% | 2.16 188.0% | 0.75 17.2% | 0.64 3.0% | 0.66 24.5% | 0.53 |
| Div Payout | 12.0% 33.3% | 9.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹110 Cr 0.0% | ₹110 Cr 7.8% | ₹102 Cr 0.0% | ₹102 Cr 6.3% | ₹96 Cr 6.7% | ₹90 Cr 0.0% | ₹90 Cr 0.0% | ₹90 Cr 0.0% | ₹90 Cr 0.0% | ₹90 Cr |
| Reserves | ₹1.1K Cr 3.8% | ₹1.0K Cr 40.5% | ₹745 Cr 14.4% | ₹651 Cr 34.8% | ₹483 Cr 44.2% | ₹335 Cr 72.7% | ₹194 Cr 19.0% | ₹163 Cr 19.9% | ₹136 Cr 28.3% | ₹106 Cr |
| Borrowings | ₹158 Cr 50.5% | ₹105 Cr 262.1% | ₹29 Cr 16.0% | ₹25 Cr 31.6% | ₹19 Cr 11.8% | ₹17 Cr 87.2% | ₹133 Cr 0.8% | ₹132 Cr 1.5% | ₹134 Cr 20.7% | ₹169 Cr |
| Other Liabilities | ₹381 Cr 26.3% | ₹517 Cr 24.0% | ₹417 Cr 25.6% | ₹332 Cr 29.8% | ₹473 Cr 13.7% | ₹416 Cr 69.1% | ₹246 Cr 7.0% | ₹230 Cr 1.8% | ₹226 Cr 30.6% | ₹173 Cr |
| Total Liabilities | ₹1.7K Cr 2.4% | ₹1.8K Cr 37.5% | ₹1.3K Cr 16.5% | ₹1.1K Cr 3.7% | ₹1.1K Cr 24.7% | ₹858 Cr 29.4% | ₹663 Cr 7.8% | ₹615 Cr 4.9% | ₹586 Cr 8.9% | ₹538 Cr |
Assets | ||||||||||
| Fixed Assets | ₹471 Cr 3.7% | ₹489 Cr 59.3% | ₹307 Cr 15.0% | ₹267 Cr 6.0% | ₹252 Cr 12.0% | ₹225 Cr 4.2% | ₹216 Cr 8.5% | ₹236 Cr 10.6% | ₹264 Cr 2.9% | ₹272 Cr |
| CWIP | ₹26 Cr 7.1% | ₹28 Cr 16.7% | ₹24 Cr 41.2% | ₹17 Cr 21.4% | ₹14 Cr 600.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹136 Cr 60.0% | ₹85 Cr 8400.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹1 Cr 0.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹1.1K Cr 6.1% | ₹1.2K Cr 22.5% | ₹960 Cr 16.1% | ₹827 Cr 2.9% | ₹804 Cr 27.4% | ₹631 Cr 41.5% | ₹446 Cr 17.7% | ₹379 Cr 18.1% | ₹321 Cr 20.7% | ₹266 Cr |
| Total Assets | ₹1.7K Cr 2.4% | ₹1.8K Cr 37.5% | ₹1.3K Cr 16.5% | ₹1.1K Cr 3.7% | ₹1.1K Cr 24.7% | ₹858 Cr 29.4% | ₹663 Cr 7.8% | ₹615 Cr 4.9% | ₹586 Cr 8.9% | ₹538 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹32 Cr 56.2% | ₹73 Cr 180.2% | ₹-91 Cr 51.7% | ₹-60 Cr 217.6% | ₹51 Cr 363.6% | ₹11 Cr 35.3% | ₹17 Cr 73.0% | ₹63 Cr 53.7% | ₹41 Cr 18.0% | ₹50 Cr |
| Investing CF | ₹-322 Cr 288.0% | ₹-83 Cr 76.6% | ₹-47 Cr 46.9% | ₹-32 Cr 54.3% | ₹-70 Cr 483.3% | ₹-12 Cr 7.7% | ₹-13 Cr 51.9% | ₹-27 Cr 92.9% | ₹-14 Cr 48.1% | ₹-27 Cr |
| Financing CF | ₹300 Cr 5900.0% | ₹5 Cr 96.5% | ₹144 Cr 118.2% | ₹66 Cr 40.4% | ₹47 Cr 840.0% | ₹5 Cr | ₹0 Cr 100.0% | ₹-38 Cr 58.3% | ₹-24 Cr 11.1% | ₹-27 Cr |
| Net Cash Flow | ₹10 Cr 300.0% | ₹-5 Cr 183.3% | ₹6 Cr 123.1% | ₹-26 Cr 192.9% | ₹28 Cr 600.0% | ₹4 Cr 0.0% | ₹4 Cr 500.0% | ₹-1 Cr 133.3% | ₹3 Cr 175.0% | ₹-4 Cr |
| Free Cash Flow | ₹-182 Cr 2175.0% | ₹-8 Cr 94.2% | ₹-137 Cr 7.9% | ₹-127 Cr 1370.0% | ₹10 Cr 266.7% | ₹-6 Cr 200.0% | ₹6 Cr 83.8% | ₹37 Cr 19.4% | ₹31 Cr 24.4% | ₹41 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65d 7.1% | 70d 2.9% | 68d 15.3% | 59d 5.4% | 56d 5.1% | 59d 7.8% | 64d 12.3% | 73d 28.1% | 57d 13.6% | 66d |
| Inventory Days | 94d 10.6% | 85d 2.3% | 87d 9.4% | 96d 17.1% | 82d 9.9% | 91d 31.9% | 69d 9.2% | 76d 16.9% | 65d 27.5% | 51d |
| Days Payable | 114d 12.9% | 101d 16.1% | 87d 3.3% | 90d 8.2% | 98d 13.3% | 113d 8.9% | 124d 28.3% | 173d 38.4% | 125d 10.7% | 140d |
| Cash Conv. Cycle | 45d 16.7% | 54d 21.7% | 69d 6.2% | 65d 62.5% | 40d 8.1% | 37d 311.1% | 9d 137.5% | -24d 700.0% | -3d 87.0% | -23d |
| Working Capital Days | 107d 13.8% | 94d 4.1% | 98d 78.2% | 55d 223.5% | 17d 312.5% | -8d 76.5% | -34d 45.2% | -62d 27.9% | -86d 760.0% | -10d |
| ROCE | 15.0% 11.8% | 17.0% 112.5% | 8.0% 65.2% | 23.0% 0.0% | 23.0% 130.0% | 10.0% 25.0% | 8.0% 11.1% | 9.0% 0.0% | 9.0% 12.5% | 8.0% |
Source: Screener.in · Lower days = better efficiency