āagman

Not investment advice. Data and computed figures, for information only.

Neuland Laboratories Ltd

NSE: NEULANDLAB
₹19,675.00
−₹280.00 (−1.40%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹26,802 Cr
CMP
₹19,675.00
52-wk High / Low
₹24,225 / 11,500
P/E
53.8
P/B
14.3
Book Value
₹1,461.0
Div Yield
0.16%
ROCE
26.0%
ROE
21.2%
Face Value
₹10
D/E
0.16

Price+20.6% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹3,054
√(22.5 × EPS × book value per share)
ROIC
16.7%
vs 11.2% sector median
Cash flow to profit
0.95
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+2,313
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
19.4%
ROE × earnings retention ratio
ROE stability
5.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.01FII +0.62DII +0.68
Latest quarter vs the previous one
Cash-accrual divergence
0.7%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
+FII holding rose by 2.9pp over the last year
Watch-outs
−Borrowings are up 65.4% since FY2016 (182 to 301)
−Promoter holding fell by 3.5pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales363418393385440311398328293514440776642
Expenses266280272278316249311277258359363469419
Operating Profit971371211071236287513415677307223
OPM %26.7%32.8%30.8%27.8%28.0%19.9%21.9%15.5%11.6%30.4%17.5%39.6%34.7%
Other Income2325254607828128
Interest2444312255777
Depreciation14151516161616172023242527
Profit before tax831221049213049128391812954287198
Net Profit62898168983310228149741213148
EPS (₹)48.2369.5663.4452.6676.2825.6079.1821.6810.8375.4931.62165.76115.10

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4695105795276677639379511,1911,5591,4772,0232,372
Expenses4024304724776086617908079181,0961,1461,4431,609
Operating Profit67801065158102147144273463331580763
OPM %14.3%15.7%18.3%9.7%8.7%13.4%15.7%15.1%22.9%29.7%22.4%28.7%32.2%
Other Income021434160912902531
Interest2724211916221814131482426
Depreciation15161922263140495360669298
Profit before tax25426714205310582216401346489669
Net Profit1627471216168164164300260364498
EPS (₹)17.9630.7552.7413.5712.8112.6362.8549.74127.45233.89202.74283.71387.97

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital99991313131313131313—
Reserves1521785375496866977748289811,2701,5121,862—
Borrowings18818219231923126418224112895157301—
Other Liabilities162155148194200257356302457454498754—
Total Liabilities5125248861,0711,1301,2311,3251,3831,5801,8332,1802,930—
Fixed Assets1231394664755426537167677588249551,177—
CWIP414020126104241720414648211—
Investments77888874111092—
Other Assets3403373934634765475855927819621,0681,541—
Total Assets5125248861,0711,1301,2311,3251,3831,5801,8332,1802,930—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4913453911705718960237261317347
Cash from Investing Activity−10−14−20−42−116−77−49−84−95−61−150−298−423
Cash from Financing Activity−391−24010512−5−11438−136−692521
Net Cash Flow001−4053−93404244−55

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %19.016.018.016.04.04.08.011.010.021.033.019.026.0
ROE %————————————21.2
EPS (₹)30.1217.9630.7552.7413.5712.8112.6362.8549.74127.45233.89202.74283.71
Book Value (₹)————————————1,461.0
Face Value (₹)————————————10
P/E————————————53.8
Div Yield %————————————0.16
NPM %5.83.45.38.12.32.42.18.56.713.719.116.617.8
OPM %15.014.016.018.010.09.013.016.015.023.030.022.029.0
D/E1.531.170.970.350.570.330.370.230.290.130.070.100.16
P/B————————————14.3

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+15.0%
5 years+17.0%
3 years+19.0%
TTM+78.0%
Compounded profit growth
10 years+29.0%
5 years+39.0%
3 years+30.0%
TTM+278.0%
Stock price CAGR
10 years+36.0%
5 years+66.0%
3 years+75.0%
Last year+28.0%
Return on equity
10 years14.0%
5 years18.0%
3 years20.0%
Last year21.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters51.68%51.68%51.68%35.90%36.20%36.22%36.22%36.14%32.74%32.67%32.63%32.62%
FIIs7.45%7.45%6.41%27.36%26.97%17.21%17.21%18.14%24.43%22.12%20.46%21.08%
DIIs8.40%8.40%6.29%10.47%6.87%5.30%6.38%7.10%6.54%10.97%15.84%16.52%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.40%0.40%0.40%0.00%0.00%
Public32.47%32.47%35.62%26.27%29.96%41.27%40.19%38.22%35.88%33.85%31.08%29.79%
No. of shareholders7,4347,43412,66910,64711,52822,41232,25726,94828,61639,33346,30444,340
Change since Jun 2023 (pp)
Promoters −19.06FIIs +13.63DIIs +8.12Public −2.68

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 24 Jul 2026
24 Jul 2026DIVIDENDDividend - Rs 34 Per Share—
18 Jul 2025DIVIDENDDividend - Rs 12 Per Share—
12 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 14 Per Share—
11 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 10 Per Share—
14 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 5 Per Share—
29 Jun 2021DIVIDEND Annual General Meeting/Dividend - Rs 3 Per Share—
10 Nov 2020DIVIDEND Interim Dividend - Rs 2 Per Share—
18 Feb 2020DIVIDEND Interim Dividend - Rs 2 Per Share—
27 Jun 2019DIVIDEND Annual General Meeting/Dividend - Rs 1.20 Per Share—
4 Aug 2016DIVIDEND Annual General Meeting/ Dividend - Rs 2/- Per Share—
6 Aug 2015DIVIDENDAnnual General Meeting/Dividend Rs 1.50 Per Share—
13 Aug 2014RIGHTSRights Issue 4 : 25 @ Premium Rs 194/- Per Equity Share—
16 Jun 2014DIVIDENDAnnual General Meeting/Final Dividend Rs.1.50 Per Share And Special Dividend Rs.1.50 Per Share—
24 Jul 2013DIVIDENDAnnual General Meeting And Dividend Rs.1.20 Per Share—
21 Mar 2012RIGHTSRights 5:12 @ Premium Rs.35/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman