D

Divi's Laboratories Limited

DIVISLABNSE
Market snapshot · 2026-08-11 03:58 UTC

8,292.50

₹-7.50 (-0.09%)

MARKET CAP

₹2.20L Cr

STOCK P/E

85.4x

52W HIGH

₹8,585.00

52W LOW

₹5,636.50

BOOK VALUE

₹631.37

EPS

₹97.11

ROE

SECTOR

Health Care

DEBT/EQUITY

0.04

VOLUME

8,611

P/B RATIO

13.13x

PEG RATIO

1.30

Sector

Health Care

Themes

Labs & Life Sciences ServicesGovernment of Singapore PortfolioLife Insurance Corporation of India Portfolio
D
Dividend
E
Earnings
₹8,292.50₹7,635.91₹6,979.32₹6,322.72₹5,666.13VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Divi’s Laboratories is a pharmaceutical manufacturer producing generic APIs, intermediates, nutraceuticals, and custom-synthesis products. APIs and intermediates anchor revenue, while contract manufacturing and carotenoids serve pharmaceutical, nutrition, food, beverage, pet-food, and feed customers. Q1FY27 profit surged 65% on strong revenue growth, indicating operating leverage despite stable reported margins. The company is net-cash, with debt/equity of 0.04; ROE is unavailable, limiting returns analysis. Revenue grew 12.3%, while profit increased 17.2%, implying favorable earnings conversion without reported margin expansion. At 85.5x earnings, Divi’s trades at a substantial premium to its growth rate and sector-style manufacturing multiples. The valuation is rich, leaving execution on custom synthesis, API demand, and carotenoid growth as key open questions.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for DIVISLAB.

29.00 analysts

Price Forecast

Current
₹8,293
High Target
₹11,700
▲ +41.1%
Median Target
₹8,355
▲ +0.8%
Low Target
₹6,000
▼ -27.6%
Now₹8,293High ₹11,700Median ₹8,355Low ₹6,000Aug '25Now12M Target
Price history (1Y)
Analyst target range
29 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹7,315 - ₹9,82880%
6M₹7,036 - ₹10,68380%
12M₹6,746 - ₹12,17980%
Realized vol: +23.0% · Drift: +11.6%

Revenue Forecast

₹ Cr
Jun '26Current₹2,974.0
Sep 2026 ETrend estimate range
High₹3,337.7Base₹3,090.4Low₹2,843.2
Sep '25: ₹2,660.0 · Dec '25: ₹2,578.0 · Mar '26: ₹2,793.0 · Jun '26: ₹2,974.0 · Sep '26: ₹3,090.4 · Dec '26: ₹2,995.2
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2,660.02,578.02,793.02,974.03,090.42,995.2
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹33.56
Sep 2026 ETrend estimate range
High₹36.61Base₹32.68Low₹28.76
Sep '25: ₹26.22 · Dec '25: ₹22.53 · Mar '26: ₹28.48 · Jun '26: ₹33.56 · Sep '26: ₹32.68 · Dec '26: ₹28.08
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E26.2222.5328.4833.5632.6828.08
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
51%
Analyst Consensus
Weakening

From 29 analysts

Mean upside+0.0%

Fundamentals

Strong

Fundamentals institutional score is 96 using growth durability 96.4.

Valuation

Premium valuation

Valuation institutional score is 17 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 26 using mean target upside -0.0%; dispersion penalty 27.5; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 36 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. fundamentals and market sentiment provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Weak StructureMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price8,292.5 target
Mean Upside+0.0%
Technical Score36%
Fundamental Score96%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 42.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.35). Confidence: 77%.

Live forward EPS implies next-12-month EPS of ₹150.33. Applying the stock's normalized valuation corridor produces a fair range of ₹6,124.44 to ₹9,848.12, with base value near ₹9,022.81 (+8.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹150.33

Forward P/E

55.2x

Base Fair Value

₹9,022.81

Fair Range

₹6,124.44 - ₹9,848.12

Upside To Base

+8.8%

Estimate Source

Live forward EPS

Growth Estimate

+65.7%

P/E
Strongly Overvalued

5Y Average

49.60

Current

85.39

Overvalued

65.51

Undervalued

40.74

EV/EBITDA
Strongly Overvalued

5Y Average

31.80

Current

54.75

Overvalued

39.86

Undervalued

23.40

P/S
Strongly Overvalued

5Y Average

11.39

Current

19.60

Overvalued

14.27

Undervalued

8.38

Peers & Comparison

Sector: Health Care · Theme: Labs & Life Sciences Services

Labs & Life Sciences Services Peers8 peers
Avg P/E: 36.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
APOLLO HOSPITALS ENTER. L
APOLLOHOSPHospitals & Diagnostic Centres
+18.1%7.7%
66.0x
Premium
+79% vs avg
+23.2%
HINDALCO INDUSTRIES LTD
HINDALCOMetals - Aluminium
+32.1%5.5%
14.4x
Undervalued
-61% vs avg
+58.0%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-21% vs avg
-3.9%
+10.5%2.8%
45.5x
Premium
+24% vs avg
+23.4%
EICHER MOTORS LTD
EICHERMOTTrucks & Buses
+31.5%23.2%
38.0x
Fair
+3% vs avg
+41.4%
BSE LIMITED
BSEStock Exchanges & Ratings
+64.0%48.9%
52.3x
Premium
+42% vs avg
+44.3%
HCL TECHNOLOGIES LTD
HCLTECHIT Services & Consulting
+3.0%13.0%
21.1x
Undervalued
-43% vs avg
-8.8%
BAJAJ AUTO LIMITED
BAJAJ-AUTOTwo Wheelers
+64.0%16.3%
27.7x
Undervalued
-25% vs avg
+40.9%
WHY THESE PEERS

DIVI S LABORATORIES LTD trades at a premium (85.7x vs peer avg 36.8x), implying higher growth or quality expectations from the Labs & Life Sciences Services cohort. Peers include APOLLO HOSPITALS ENTER. L, HINDALCO INDUSTRIES LTD, DR. REDDY S LABORATORIES — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.97K CrJun 2026

Latest net profit

₹891 CrJun 2026

Latest EPS

₹33.56Jun 2026

Net margin

42.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%15.0%30.0%45.0%60.0%0.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr₹0₹9₹18₹27₹36
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +1,7301,8681,8082,2592,0632,3022,2972,5362,3572,6602,5782,7932,974
Expenses +1,2391,3941,3171,5421,4421,5731,5501,6551,6141,7651,6711,8501,734
Operating Profit4914744917176217297478817438959079431,240
OPM %28%25%27%32%30%32%33%35%32%34%35%34%42%
Other Income +808594797910582871191461315463
Interest0102010038666
Depreciation93949594979899107112113116120132
Profit before tax4784644907006037357308617479207989711,165
Tax %28%26%27%24%29%30%19%23%25%24%25%22%24%
Net Profit +345342358531430518594667557696598756891
EPS in Rs13.0012.8813.4920.0016.2019.5122.3825.1320.9826.2222.5328.4833.56
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +51.88%51.88%51.88%51.88%51.88%
FIIs +19.74%19.39%20.08%20.29%20.19%
DIIs +18.96%19.68%19.18%19.13%19.29%
Government +0.09%0.09%0.09%0.09%0.09%
Public +9.32%8.96%8.75%8.61%8.53%
Others0.01%0.02%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 01, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 01, 2026PDFCompany Reports Open