L

Lupin Limited

LUPINNSE
Market snapshot · 2026-08-10 20:23 UTC

2,300.00

₹-63.50 (-2.69%)

MARKET CAP

₹1.05L Cr

STOCK P/E

19.0x

52W HIGH

₹2,529.50

52W LOW

₹1,875.00

BOOK VALUE

₹491.02

EPS

₹120.77

ROE

SECTOR

Health Care

DEBT/EQUITY

29.39

VOLUME

37.47L

P/B RATIO

4.68x

PEG RATIO

1.22

Sector

Health Care

Themes

Pharmaceuticals
D
Dividend
E
Earnings
₹2,478.33₹2,329.06₹2,179.80₹2,030.53₹1,881.26VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

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

36.00 analysts

Price Forecast

Current
₹2,300
High Target
₹3,095
▲ +34.6%
Median Target
₹2,545
▲ +10.7%
Low Target
₹1,800
▼ -21.7%
Now₹2,300High ₹3,095Median ₹2,545Low ₹1,800Aug '25Now12M Target
Price history (1Y)
Analyst target range
36 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹2,078 - ₹2,68580%
6M₹2,023 - ₹2,90880%
12M₹1,980 - ₹3,30680%
Realized vol: +20.0% · Drift: +12.6%

Revenue Forecast

₹ Cr
Jun '26Current₹7,172.0
Sep 2026 ETrend estimate range
High₹5,115.2Base₹4,736.3Low₹4,357.4
Sep '25: ₹4,068.0 · Dec '25: ₹4,501.0 · Mar '26: ₹5,235.0 · Jun '26: ₹7,172.0 · Sep '26: ₹4,736.3 · Dec '26: ₹5,240.4
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4,068.04,501.05,235.07,172.04,736.35,240.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹59.37
Sep 2026 ETrend estimate range
High₹40.78Base₹36.41Low₹32.04
Sep '25: ₹29.72 · Dec '25: ₹15.71 · Mar '26: ₹47.33 · Jun '26: ₹59.37 · Sep '26: ₹36.41 · Dec '26: ₹19.25
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E29.7215.7147.3359.3736.4119.25
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
52%
Analyst Consensus
Weakening

From 36 analysts

Mean upside+9.1%

Fundamentals

Strong

Fundamentals institutional score is 90 using growth durability 90.3.

Valuation

Premium valuation

Valuation institutional score is 3 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 44 using mean target upside 9.1%; dispersion penalty 20.6; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 58 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. fundamentals 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 Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price2,508.6 target
Mean Upside+9.1%
Technical Score58%
Fundamental Score90%
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 20.6% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.3). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹102.30. Applying the stock's normalized valuation corridor produces a fair range of ₹1,349.34 to ₹1,828.10, with base value near ₹1,659.31 (-27.9% vs current price).

Forward Valuation Outlook

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

Above normalized range

Forward EPS

₹102.30

Forward P/E

22.5x

Base Fair Value

₹1,659.31

Fair Range

₹1,349.34 - ₹1,828.10

Upside To Base

-27.9%

Estimate Source

Live forward EPS

Growth Estimate

+16.0%

P/E
Strongly Overvalued

5Y Average

12.06

Current

19.57

Overvalued

17.87

Undervalued

13.19

EV/EBITDA
Strongly Overvalued

5Y Average

7.62

Current

12.03

Overvalued

10.75

Undervalued

4.06

P/S
Strongly Overvalued

5Y Average

2.22

Current

3.51

Overvalued

2.56

Undervalued

1.89

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 49.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.2x
Undervalued
-29% vs avg
-2.7%
TORRENT PHARMACEUTICALS L
TORNTPHARMPharmaceuticals
+54.8%13.9%
78.7x
Premium
+59% vs avg
+36.2%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
35.4x
Undervalued
-28% vs avg
+11.2%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
37.8x
Undervalued
-24% vs avg
-15.6%
MANKIND PHARMA LIMITED
MANKINDPharmaceuticals
+12.9%13.9%
49.4x
Fair
0% vs avg
+0.8%
LAURUS LABS LIMITED
LAURUSLABSPharmaceuticals
+29.1%15.0%
91.4x
Premium
+85% vs avg
+121.8%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
38.6x
Undervalued
-22% vs avg
+31.7%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-41% vs avg
-3.9%
WHY THESE PEERS

LUPIN LIMITED trades at a discount (19.0x vs peer avg 49.5x), suggesting potential undervaluation relative to the Pharmaceuticals cohort. Peers include CIPLA LTD, TORRENT PHARMACEUTICALS L, GLENMARK PHARMACEUTICALS — 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

₹7.17K CrJun 2026

Latest net profit

₹2.71K CrJun 2026

Latest EPS

₹59.37Jun 2026

Net margin

52.0%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 Cr2.00K Cr4.00K Cr6.00K Cr8.00K 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 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr₹0₹15₹30₹45₹60
  • 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 Cr2.00K Cr4.00K Cr6.00K Cr8.00K 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 2026-12.50K Cr0.00 Cr12.50K Cr25.00K Cr37.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +3,4963,6594,1163,3964,1684,1064,2084,4865,7094,0684,5015,2357,172
Expenses +2,7912,8242,8982,6962,9682,9912,7972,7402,9792,8932,8852,9533,439
Operating Profit7058351,2177001,2001,1151,4111,7462,7301,1761,6172,2823,733
OPM %20%23%30%21%29%27%34%39%48%29%36%44%52%
Other Income +282623313833-224954663-534537102
Interest16151113141820341928363936
Depreciation140149145290141146153208177175179177190
Profit before tax5776961,0844281,0839841,2171,5532,5881,6368682,6023,610
Tax %17%21%15%10%18%18%19%17%18%17%17%17%25%
Net Profit +4775499163848898089851,2912,1281,3577172,1642,715
EPS in Rs10.4812.0520.138.4319.5017.7121.5828.2846.6029.7215.7147.3359.37
Raw PDF

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

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +46.90%46.89%46.89%46.85%46.85%
FIIs +21.25%20.50%21.50%21.70%22.42%
DIIs +25.55%26.56%25.58%25.32%24.65%
Public +6.28%6.06%6.04%6.13%6.08%
Others0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 10, 2026PDFCompany Reports Open

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

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 08, 2026PDFCompany Reports Open

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

Aug 07, 2026PDFCompany Reports Open