Divi's Laboratories logo

Divi's Laboratories share price

NSE: DIVISLABBSE: 532488Pharmaceuticals & BiotechnologyLarge Cap

Divi's Laboratories Limited · Face value ₹2 · Listed Mar 2003
Last close ₹9,558.50up ₹53.00 (0.56%)BSE ₹9,561.70

Share price at the NSE close on 28 Oct 2026. Previous close ₹9,505.50.

28 Oct: open ₹9,460.00, high ₹9,699.50, low ₹9,370.00

52-week range of traded prices to 28 Oct 2026
₹5,647.50Low, 2 Apr 2026₹9,740.00High, 24 Sep 2026
Market cap
₹2,53,748 Cr50th largest listed
P/E
86.75
P/B
15.14
Dividend yield
0.31%
ROE
18.4%
ROCE
20.8%
Debt to equity
0.00
Volume, NSE
7,45,04353.5% delivered

Divi's Laboratories share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+48.5%over a year · Nifty Pharma +19.3% · Nifty 500 −8.8%

Results20-session average 6,02,961 shares a day, 63.4% delivered

About Divi's Laboratories

Divi's Laboratories Limited makes active pharmaceutical ingredients (APIs, the substances in a medicine that produce its effect), intermediates (chemicals made on the way to an API) and nutraceutical ingredients for pharmaceutical and nutraceutical companies around the world.12 Its customers use them to make finished products such as medicines.3 It is headquartered in Hyderabad and focuses on export markets.45

Generic APIs are made in volumes from tens to thousands of metric tonnes a year, and the company says it is the world's largest maker of 10 of the 30 generic APIs it produces.67 Custom synthesis is contract manufacturing of complex APIs and intermediates for drug innovators, and the company says it works with 12 of the top 20 pharmaceutical companies worldwide.6 Nutraceuticals covers carotenoid ingredients and fat-soluble vitamins, such as astaxanthin, beta-carotene and lycopene, for food, beverage, dietary supplement and feed makers.8 Its wholly owned subsidiaries in New Jersey, USA and Basel, Switzerland market its nutraceutical ingredients.9

It manufactures at Unit 1 in Choutuppal near Hyderabad, Unit 2 in Visakhapatnam and Unit 3 in Kakinada.10 It was incorporated in 1990.11 The promoter and promoter group held 51.88% of the shares at the end of March 2026.12 Murali K. Divi is the Managing Director and Kiran S. Divi the Whole-time Director and Chief Executive Officer, while the chairman, Ramesh B. V. Nimmagadda, is an independent director.13

Divi's Laboratories key points

Results

  • In the quarter to Jun 2026, consolidated total income was ₹3,144 crore against ₹2,529 crore a year earlier; profit before tax was ₹1,180 crore against ₹733 crore, and profit after tax ₹902 crore against ₹545 crore.14
  • In the year to Mar 2026, consolidated total income was ₹11,067 crore, profit before tax ₹3,388 crore and profit after tax ₹2,568 crore.15
  • On a standalone basis (the company without its subsidiaries), revenue from operations in the year to Mar 2026 was ₹10,388 crore, up 12.94%, and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹3,920 crore.1617

Revenue mix

  • Share of revenue by business18
    Itemquarter to Jun 2026
    Custom Synthesis60%
    Generics40%
  • The nutraceutical business had revenue of ₹298 crore in the quarter to Jun 2026, against ₹250 crore a year earlier.19
  • Share of standalone business from the top 520
    Itemyear to Mar 2026year to Mar 2025
    Top 5 customers51%49%
    Top 5 products48%43%

Where revenue comes from

  • Sales by region, ₹ crore212223
    Itemyear to Mar 2026year to Mar 2025
    Europe6,3115,192
    North America1,3601,488
    India1,1471,105
    Asia1,0791,044
    Rest of the World479367
    Exports were about 90% of standalone revenue in the quarter to Jun 2026, and Europe and North America took 75% of exports.

Plants and capacity

  • The company states its manufacturing capacity as about 18,600 m3/KL (cubic metres, or kilolitres) for the year to Mar 2026.24
  • On its earnings call of 1 Aug 2026, the company said its 3 units were running at about 80% to 85% of capacity.2526
  • Unit 3 at Kakinada, operating since January 2025, is being scaled up in phases; it makes starting materials and intermediates in-house (backward integration) and frees capacity approved under good manufacturing practice (GMP) at the existing units.27
  • The US Food and Drug Administration (US FDA) inspected the company's facility at Lingojigudem, Telangana from 10 Nov 2025 to 14 Nov 2025 and concluded with no Form 483 observations (a list of problems inspectors found).28

Research and development

  • The company has 4 research and development (R&D) centres with about 700 scientists: Divi's Research Center in Hyderabad and process development centres at its manufacturing facilities.2930
  • It holds 41 drug master files (DMFs, confidential dossiers on how an API is made) with the US FDA, 30 certificates of suitability with EDQM, 25 DMFs with Health Canada and 9 with Japan's PMDA, and has filed 44 patents for generic products.31
  • In the year to Mar 2026 it set up a Peptide Centre of Excellence, for peptides (short chains of amino acids used as medicines).32
  • On its earnings call of 1 Aug 2026, the company said it had filed about 4 DMFs with customers in the last few years, had supplied validation quantities, and that customers were qualifying them.33

Expansion and capital spending

  • On its earnings call of 1 Aug 2026, the company said its 3 major capital expenditure programmes were nearing completion and that about 70% of their roughly ₹2,000 crore cost had been capitalised (moved from construction into fixed assets).3435
  • Capital work in progress (assets still being built) stood at ₹2,034 crore at the end of June 2026, and ₹451 crore of assets were capitalised in the quarter.36
  • On its earnings call of 1 Aug 2026, the company said it is adding capacity for SPPS (a method that builds peptides step by step on a support material), including a few more 3,000-litre SPPS units.3738
  • On its earnings call of 1 Aug 2026, the company said it is signing multi-year contracts with 2 customers for iodine-based contrast media (substances that make body tissue show on scans) and expects to start supplying the second in the next few months.3940

What the company expects

  • On its earnings call of 1 Aug 2026, the company said it expects double-digit revenue growth in the year to Mar 2027.4142
  • On its earnings call of 1 Aug 2026, the company said it expects to begin commercial supply from its capex-backed projects once regulatory agencies complete their qualifications.43

Litigation and regulatory matters

  • In its exchange filing of 21 Mar 2026, the company said an income tax draft assessment order for the year to Mar 2023 proposed additions of ₹570.51 crore to its returned income, and that it was evaluating the order and preferred to appeal.4445

Last updated

All 45 sources, each with its page
  1. 1. Annual report, 15 Jul 2026, page 28
  2. 2. Annual report, 15 Jul 2026, page 29
  3. 3. Annual report, 15 Jul 2026, page 43
  4. 4. Annual report, 15 Jul 2026, page 6
  5. 5. Annual report, 15 Jul 2026, page 49
  6. 6. Annual report, 15 Jul 2026, page 11
  7. 7. Annual report, 15 Jul 2026, page 48
  8. 8. Annual report, 15 Jul 2026, page 11
  9. 9. Annual report, 15 Jul 2026, page 64
  10. 10. Annual report, 15 Jul 2026, page 8
  11. 11. Annual report, 15 Jul 2026, page 28
  12. 12. Annual report, 15 Jul 2026, page 59
  13. 13. Annual report, 15 Jul 2026, page 27
  14. 14. Earnings call, 1 Aug 2026, page 6
  15. 15. Annual report, 15 Jul 2026, page 63
  16. 16. Annual report, 15 Jul 2026, page 50
  17. 17. Annual report, 15 Jul 2026, page 14
  18. 18. Earnings call, 1 Aug 2026, page 6
  19. 19. Earnings call, 1 Aug 2026, page 6
  20. 20. Annual report, 15 Jul 2026, page 50
  21. 21. Annual report, 15 Jul 2026, page 8
  22. 22. Annual report, 15 Jul 2026, page 8
  23. 23. Earnings call, 1 Aug 2026, page 6
  24. 24. Annual report, 15 Jul 2026, page 6
  25. 25. Earnings call, 1 Aug 2026, page 11
  26. 26. Earnings call, 1 Aug 2026, page 14
  27. 27. Annual report, 15 Jul 2026, page 64
  28. 28. Exchange filing, 14 Nov 2025, page 1
  29. 29. Annual report, 15 Jul 2026, page 6
  30. 30. Annual report, 15 Jul 2026, page 48
  31. 31. Annual report, 15 Jul 2026, page 49
  32. 32. Annual report, 15 Jul 2026, page 4
  33. 33. Earnings call, 1 Aug 2026, page 9
  34. 34. Earnings call, 1 Aug 2026, page 4
  35. 35. Earnings call, 1 Aug 2026, page 13
  36. 36. Earnings call, 1 Aug 2026, page 7
  37. 37. Earnings call, 1 Aug 2026, page 8
  38. 38. Earnings call, 1 Aug 2026, page 4
  39. 39. Earnings call, 1 Aug 2026, page 15
  40. 40. Earnings call, 1 Aug 2026, page 16
  41. 41. Earnings call, 1 Aug 2026, page 12
  42. 42. Earnings call, 1 Aug 2026, page 13
  43. 43. Earnings call, 1 Aug 2026, page 8
  44. 44. Exchange filing, 21 Mar 2026, page 1
  45. 45. Exchange filing, 21 Mar 2026, page 2

Results

Consolidated; ₹ crore.Divi's Laboratories quarterly results

Revenue growth, 12 months
+16.3%
Net profit growth, 12 months
+26.8%

Quarter to Jun 2026, against the quarter before

Revenue
₹3,080 Crup 8.80%
Net profit
₹902 Crup 20.11%
Net margin
29.3%

Revenue by quarter

₹2,338 CrSep 24₹2,319 CrDec 24₹2,585 CrMar 25₹2,410 CrJun 25₹2,715 CrSep 25₹2,604 CrDec 25₹2,831 CrMar 26₹3,080 CrJun 26
Peak revenue ₹3,080 Cr, quarter to Jun 2026; lowest ₹2,319 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹510 CrSep 24₹589 CrDec 24₹662 CrMar 25₹545 CrJun 25₹689 CrSep 25₹583 CrDec 25₹751 CrMar 26₹902 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue2,3382,3192,5852,4102,7152,6042,8313,080
Net profit510589662545689583751902
Net margin21.8%25.4%25.6%22.6%25.4%22.4%26.5%29.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacture of Active Pharmaceutical Ingredients, Intermediates and Nutraceutical Ingredients, which carries all its revenue.

Valuation

Today, against the company's own history.Divi's Laboratories PE ratio and valuation

Price to earnings

At or below today's level on 98% of 2,478 trading days over the last 10 years.

LowestHighest
Its median49.34Industry median28.10
Price to book

At or below today's level on 99.7% of 1,983 trading days since Oct 2018.

LowestHighest
Its median9.62Industry median2.94
Dividend yield

At or below today's level on 10% of 2,478 trading days over the last 10 years.

LowestHighest
Its median0.61%Industry median0.49%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+3.5%+17.2%−12.2%0.5%
3 years+28.8%+12.1%+14.4%0.6%
5 years+11.1%+5.3%+4.9%0.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Divi's Laboratories shareholding pattern

Shareholding by group

  • Promoters51.88%
  • Foreign institutions20.38%
  • Indian institutions19.17%
  • Individuals and others8.58%
Holder
NILIMA PRASAD DIVIPromoter20.34%
SATCHANDRA KIRAN DIVIPromoter20.34%
SWARNA LATHA DIVIPromoter5.27%
DIVI'S BIOTECH PRIVATE LIMITEDPromoter3.01%
MURALI KRISHNA PRASAD DIVIPromoter2.85%
GOVERNMENT OF SINGAPOREForeign portfolio investors, category I2.84%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.18 pts, Indian institutions −0.21 pts, mutual funds +0.79 pts.

Mutual fund holdings

410 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 127 of the 198 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 5 more funds filed their first portfolio on record, holding it.All 410 funds holding Divi's Laboratories

Bought for the first time
15
Bought again
17
Added
121
Cut
77
Held unchanged
175
Fund
SBI Mutual Fund logoSBI Large Cap FundSBI Mutual Fund20,32,0243.61%₹1,888.1 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund18,93,8631.62%₹1,759.7 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund17,00,0001.83%₹1,579.6 Cr
SBI Mutual Fund logoSBI Focused FundSBI Mutual Fund13,00,0002.41%₹1,207.9 Cr
Axis Mutual Fund logoAxis ELSS Tax Saver FundAxis Mutual Fund8,93,5502.74%₹830.2 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund8,88,8570.81%₹825.9 Cr
Axis Mutual Fund logoAxis Large Cap FundAxis Mutual Fund8,56,1212.72%₹795.5 Cr
SBI Mutual Fund logoSBI Multicap FundSBI Mutual Fund8,50,0003.37%₹789.8 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund8,30,0001.90%₹771.2 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund8,00,1901.45%₹743.5 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Divi's Laboratories insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 1 saleNo purchase₹17 CrNet−₹17 Cr
  • Directors and key managers0 purchases, 1 saleNo purchase₹0.32 CrNet−₹0.32 Cr2 off-market moves
  • Others7 purchases, 8 sales₹2.71 Cr₹20 CrNet−₹17 Cr1 pledge created · 2 pledges released · 3 pledge filings of unclear kind · 5 off-market moves
  • Employees: no market trade · 2 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Divi's Laboratories competitors and peers

Pharmaceuticals, 215 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Divi's Laboratories in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Sun Pharmaceutical Industries logoSun Pharmaceutical IndustriesSUNPHARMA4,21,68334.865.05+11.4%+16.6%15.5%16.9%0.91%
Torrent Pharmaceuticals logoTorrent PharmaceuticalsTORNTPHARM1,73,33481.619.43+42.1%−0.7%15.8%12.0%0.83%
Laurus Labs logoLaurus LabsLAURUSLABS1,17,891107.8222.24+22.6%+114.9%22.4%19.8%0.09%
Zydus Lifesciences logoZydus LifesciencesZYDUSLIFE1,17,25725.984.33+21.1%−1.3%17.7%15.9%0.09%
Dr. Reddy's Laboratories logoDr. Reddy's LaboratoriesDRREDDY1,11,46339.812.87−3.5%−51.5%7.5%6.0%0.60%
Cipla logoCiplaCIPLA1,10,32338.083.12−0.7%−46.8%8.5%9.7%0.95%
Mankind Pharma logoMankind PharmaMANKIND1,02,84845.745.85+13.3%+28.4%13.7%13.6%0.00%
Aurobindo Pharma logoAurobindo PharmaAUROPHARMA94,63825.492.50+9.1%+9.5%10.5%11.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Divi's Laboratories dividend history

Dividend per share, ₹, restated for later splits and bonuses

10Mar 1710Mar 1816Mar 1916Mar 2020Mar 2130Mar 2230Mar 2330Mar 2430Mar 2530Mar 26
Highest ₹30.00 a share, in 5 years, the latest the year to Mar 2026.
Ex-dateTypePer share
24 Jul 2026Final₹30.00
25 Jul 2025Final₹30.00
2 Aug 2024Final₹30.00
11 Aug 2023Final₹30.00
11 Aug 2022Final₹30.00
17 Aug 2021Final₹20.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Divi's Laboratories announcements

Divi's Laboratories share price by year

Each calendar year to 2025.Divi's Laboratories share price history

YearClose at year endChangeHighest closeLowest close
20256,392.50+4.8%6,983.505,258.95
20246,098.80+56.2%6,256.503,367.85
20233,903.90+14.4%3,939.952,750.85
20223,413.20−27.0%4,651.253,265.95
20214,678.20+21.8%5,372.153,272.90
20203,841.90+108.1%3,841.901,805.25
20191,845.80+24.5%1,860.651,437.90
20181,482.65+35.0%1,562.25990.80
20171,098.35+40.1%1,123.45545.30
2016783.70−32.1%1,347.85762.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20269,090.009,505.509,067.009,505.509,359.818,02,78051.3%
26 Oct 20268,900.009,080.008,860.009,050.008,986.495,76,07163.6%
23 Oct 20269,165.009,175.508,797.008,950.008,904.516,20,26160.6%
22 Oct 20269,114.009,190.009,006.509,162.009,103.2310,40,58476.1%
21 Oct 20269,190.009,243.009,041.009,190.009,130.616,85,47870.9%
19 Oct 20269,191.509,323.509,045.009,087.009,175.764,48,97254.0%
16 Oct 20269,030.509,248.008,985.509,144.509,099.207,78,52861.8%
15 Oct 20269,085.009,124.508,950.009,030.009,036.586,45,24465.6%
14 Oct 20269,315.009,315.008,937.509,023.009,069.389,92,02268.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
23 Dec 2016Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
23 Sep 2015Bonus0.5000Holders received 1 bonus share for every 1 held.
30 Jul 2009Bonus0.5000Holders received 1 bonus share for every 1 held.
3 Aug 2007Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
RAMESHBABU VENKATA NIMMAGADDA
At the end of the quarter to Sep 2026
Managing director
MURALI KRISHNA PRASAD DIVI
At the end of the quarter to Sep 2026
Chief executive
SATCHANDRA KIRAN DIVI
At the end of the quarter to Sep 2026
NSE symbol
DIVISLAB
BSE code
532488
ISIN
INE361B01024
Industry
Pharmaceuticals & Biotechnology
CIN
L24110TG1990PLC011854
Corporate identity number, the registrar of companies' code for it
Incorporated
1990
Registered office
1-72/23(P)/DIVIS/303, Divi Towers, Cyber Hills, Gachibowli, Hyderabad 500032, Telangana
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments