Z

Zydus Lifesciences Limited

ZYDUSLIFENSE
Market snapshot · 2026-08-11 05:43 UTC

1,144.40

+₹25.40 (+2.27%)

MARKET CAP

₹1.14L Cr

STOCK P/E

22.8x

52W HIGH

₹1,181.50

52W LOW

₹835.50

BOOK VALUE

₹269.43

EPS

₹50.14

ROE

18.32%

SECTOR

Health Care

DEBT/EQUITY

42.30

VOLUME

6.96L

P/B RATIO

4.25x

PEG RATIO

2.62

Sector

Health Care

Themes

Pharmaceuticals
D
Dividend
E
Earnings
₹1,149.77₹1,078.20₹1,006.62₹935.05₹863.47VolumeEEEEDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

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

30.00 analysts

Price Forecast

Current
₹1,144
High Target
₹1,457
▲ +27.4%
Median Target
₹1,098
▼ -4.1%
Low Target
₹800.00
▼ -30.1%
Now₹1,144High ₹1,457Median ₹1,098Low ₹800.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
30 analysts

Probabilistic Range

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

Time horizonRange ()Probability
3M₹997.74 - ₹1,32080%
6M₹944.09 - ₹1,40280%
12M₹874.45 - ₹1,52980%
Realized vol: +21.8% · Drift: +3.4%

Revenue Forecast

₹ Cr
Dec '25Current₹2,284.0
Sep 2026 ETrend estimate range
High₹2,713.4Base₹2,512.4Low₹2,311.4
Mar '25: ₹5,820.0 · Jun '25: ₹2,588.0 · Sep '25: ₹2,871.0 · Dec '25: ₹2,284.0 · Sep '26: ₹2,512.4 · Dec '26: ₹1,998.7
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E5,820.02,588.02,871.02,284.02,512.41,998.7
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹2.95
Sep 2026 ETrend estimate range
High₹9.95Base₹8.89Low₹7.82
Mar '25: ₹27.96 · Jun '25: ₹3.82 · Sep '25: ₹11.49 · Dec '25: ₹2.95 · Sep '26: ₹8.89 · Dec '26: ₹2.28
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E27.963.8211.492.958.892.28
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
43%
Analyst Consensus
Weakening

From 30 analysts

Mean upside-4.5%

Fundamentals

Moderate

Fundamentals institutional score is 59 using EVA spread proxy 6.3%; growth durability 18.7.

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 26 using mean target upside -4.5%; dispersion penalty 24.1; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 77 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 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure 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 ModerateValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price1,092.8 target
Mean Upside-4.5%
Technical Score77%
Fundamental Score59%
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 20.9% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.42). Confidence: 83%.

Live forward EPS implies next-12-month EPS of ₹47.15. Applying the stock's normalized valuation corridor produces a fair range of ₹825.60 to ₹941.11, with base value near ₹889.72 (-22.3% vs current price).

Forward Valuation Outlook

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

Above normalized range

Forward EPS

₹47.15

Forward P/E

24.3x

Base Fair Value

₹889.72

Fair Range

₹825.60 - ₹941.11

Upside To Base

-22.3%

Estimate Source

Live forward EPS

Growth Estimate

+8.7%

P/E
Strongly Overvalued

5Y Average

14.71

Current

22.82

Overvalued

19.96

Undervalued

17.51

EV/EBITDA
Strongly Overvalued

5Y Average

11.03

Current

17.11

Overvalued

14.51

Undervalued

6.95

P/S
Strongly Overvalued

5Y Average

2.71

Current

4.20

Overvalued

3.56

Undervalued

1.71

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 45.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.2x
Undervalued
-23% vs avg
-2.7%
LUPIN LIMITED
LUPINPharmaceuticals
+32.0%18.5%
19.0x
Undervalued
-58% vs avg
+21.5%
TORRENT PHARMACEUTICALS L
TORNTPHARMPharmaceuticals
+54.8%13.9%
78.7x
Premium
+72% vs avg
+36.2%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
35.4x
Undervalued
-23% vs avg
+11.2%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
37.8x
Undervalued
-17% vs avg
-15.6%
LAURUS LABS LIMITED
LAURUSLABSPharmaceuticals
+29.1%15.0%
91.4x
Premium
+100% vs avg
+121.8%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
38.6x
Undervalued
-16% vs avg
+31.7%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-36% vs avg
-3.9%
WHY THESE PEERS

ZYDUS LIFESCIENCES LTD trades at a discount (22.3x vs peer avg 45.7x), suggesting potential undervaluation relative to the Pharmaceuticals cohort. Peers include CIPLA LTD, LUPIN LIMITED, TORRENT PHARMACEUTICALS L — 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

₹2.28K CrDec 2025

Latest net profit

₹357 CrDec 2025

Latest EPS

₹2.95Dec 2025

Net margin

-4.1%Dec 2025

Performance

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

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26-25.0%0.0%25.0%50.0%75.0%0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

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

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr₹0₹7₹14₹21₹28
  • Revenue
  • EPS

Revenue to profit conversion

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

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit-800 Cr0.00 Cr800 Cr1.60K Cr2.40K Cr

Latest reported period: Dec 2025

Debt level and coverage

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

Rs crore
Annual view
202120222023202420250.00 Cr2.50K Cr5.00K Cr7.50K Cr10.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales2,5792,9562,1592,3713,3324,1602,6212,5165,8202,5882,8712,284
Expenses1,7661,7781,5971,6891,7711,7821,7332,0781,9962,0392,1152,233
Operating Profit6931,0564385551,4312,2487543063,696419620-94.1
OPM %26.88%35.74%20.28%23.39%42.94%54.03%28.77%12.15%63.5%16.2%21.6%-4.12%
Other Income25182.4621124369107381289185193937623
Interest12612690.910410612195.997.2206138114116
Depreciation120121125128131131134132128130136144
Profit before tax8191,0129685741,6942,2341,0394973,6754751,444412
Tax %15.18%22.87%16.85%21.57%16.52%23.85%24.01%10.22%23.43%18.99%19.88%13.55%
Net Profit6947818054501,4141,7017904462,8143851,157357
EPS in Rs4.857.717.964.4513.8916.907.854.6827.963.8211.492.95

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.99%74.99%74.99%75.00%75.00%
FII7.31%7.13%7.34%7.06%6.95%
DII11.00%11.13%10.86%11.08%11.20%
Public5.41%5.46%5.49%5.54%5.54%
Others1.29%1.29%1.32%1.32%1.31%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

May 24, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 23, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 21, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 19, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 13, 2026PDFKnowledge Base Open