Laurus Labs logo

Laurus Labs share price

NSE: LAURUSLABSBSE: 540222Pharmaceuticals & BiotechnologyMid Cap

Laurus Labs Limited · Face value ₹2 · Listed Dec 2016 · Issue price ₹428
Last close ₹2,142.00up ₹83.10 (4.04%)BSE ₹2,139.80

Share price at the NSE close on 27 Oct 2026. Previous close ₹2,058.90.

27 Oct: open ₹2,075.00, high ₹2,143.10, low ₹2,067.40

52-week range of traded prices to 27 Oct 2026
₹917.95Low, 2 Feb 2026₹2,143.10High, 27 Oct 2026
Market cap
₹1,15,735 Cr171st largest listed
P/E
105.85
P/B
21.84
Dividend yield
0.09%
ROE
22.4%
ROCE
19.8%
Debt to equity
0.44
Volume, NSE
31,17,05747.5% delivered

Laurus Labs share price chart

Daily closes since Dec 2016, adjusted for splits and bonuses

+127.8%over a year · Nifty Pharma +17.7% · Nifty 500 −8.8%

Results20-session average 15,60,251 shares a day, 48.4% delivered

About Laurus Labs

Laurus Labs Limited is a pharmaceutical and biotechnology company.1 It makes active pharmaceutical ingredients (APIs, the active substance in a medicine) and finished medicines, and develops and manufactures new drugs under contract for innovator drug companies.2 Its customers are drug makers, generic companies and institutional buyers around the world, and its main manufacturing base is Visakhapatnam.34

The business runs as 2 divisions.5 Affordable Medicines makes APIs, such as antiretroviral (HIV), oncology and cardiovascular drugs, for generic companies, and finished medicines taken by mouth.6 CDMO (contract development and manufacturing) makes small-molecule drugs for innovators from early development to commercial supply, and its Bio arm offers precision fermentation (making ingredients with engineered microbes).76

It was incorporated in 2005 and began as an API maker before adding finished medicines.89 It serves more than 275 clients, including 7 big pharmaceutical companies.10 In the year to Mar 2026, customers outside India brought in ₹4,569.13 crore of consolidated revenue and customers in India ₹2,243.77 crore.11 Besides Visakhapatnam, it has fermentation sites in Bengaluru and development facilities in Hyderabad.4

As of 31 Mar 2026, it owned 78.34% of Laurus Bio and 49% of KRKA Pharma, a joint venture with KRKA d.d. of Slovenia; its associate ImmunoACT develops and makes CAR-T cell therapy (a cancer treatment made from a patient's own immune cells) in Mumbai.121314 Its promoters include Satyanarayana Chava, the chief executive, and V V Ravi Kumar, the chief financial officer; Chava's son Krishna Chaitanya Chava and daughter Soumya Chava are executive directors.1516

Laurus Labs key points

Results

  • In the quarter to Jun 2026, revenue rose 29% to ₹2,026 crore, EBITDA (profit before interest, tax, depreciation and amortisation) was ₹644 crore at a 31.8% margin, and net profit rose 126% to ₹368 crore. Each was the company's highest for a quarter.171819
  • In the year to Mar 2026, consolidated revenue rose 23% to ₹6,813 crore, EBITDA 64% to ₹1,826 crore at a 26.8% margin, and net profit 148% to ₹889 crore.2021
  • Net debt (borrowings less cash) was ₹2,656 crore at the end of June 2026, about 1.28 times EBITDA, against 1.25 a quarter earlier.22

Business segments

  • In the year to Mar 2026, CDMO revenue rose 36% to ₹2,080 crore, 31% of the total, and Affordable Medicines 18% to ₹4,733 crore.23
  • Revenue by business, and growth242526
    Itemyear to Mar 2026
    Small-molecule CDMO₹1,896 crore, up 38%
    Bio CDMO₹184 crore, up 15%
    APIs₹2,746 crore, up 13%
    Finished medicines (FDF)₹1,987 crore, up 26%
  • In the quarter to Jun 2026, small-molecule CDMO sales rose 69% to ₹835 crore, Bio sales about 21% to about ₹35 crore, and Affordable Medicines 10% to ₹1,156 crore.27
  • At the end of March 2026, the small-molecule CDMO pipeline had more than 125 active projects, over 102 in human health and around 23 in animal health and crop science.7

Revenue mix

  • Antiretroviral (HIV) medicines, APIs and finished doses together, brought in ₹2,807 crore in the year to Mar 2026, up 10% from ₹2,559 crore.28
  • About 55% of small-molecule CDMO revenue in the quarter to Jun 2026 came from commercial supplies (for approved medicines).29
  • CDMO work is for innovators' on-patent molecules; contract manufacturing of off-patent molecules is counted in Affordable Medicines.30

Plants and capacity

  • It has 15 manufacturing sites, with 8,800 kilolitres (kL) of API capacity (reactor volume for active ingredients), capacity for 12 billion finished-dose units and 240 kL of fermentation capacity.31
  • In its presentation of 18 Sep 2026, the company listed Unit 10 and a 400 kL fermentation plant in Visakhapatnam, and the KRKA joint venture's Hyderabad plant, as new sites under expansion or construction.32

Research and development

  • Consolidated R&D spending was ₹282 crore, 4% of revenue, in the year to Mar 2026, and ₹118 crore, 5.8%, in the quarter to Jun 2026, including ₹35 crore of capital R&D on gene therapy and antibody-drug conjugates (antibodies carrying a drug to cancer cells).3334
  • It has 1,570 research scientists and has filed 92 drug master files (files on how an API is made) and 96 finished-medicine dossiers in the US, Europe and Canada.3135
  • It has in-licensed 2 antibody-drug conjugates from Aarvik Therapeutics to develop and sell in India.36

Expansion and capital spending

  • Capital spending was ₹1,070 crore in the year to Mar 2026, 16% of revenue.4
  • In its presentation of 18 Sep 2026, the company said it plans capital spending of more than ₹3,000 crore over the year to Mar 2027 and the following year.37
  • The company stated in its annual report for the year to Mar 2026 that its Unit 7 site is expected to start commercial validation production by March 2027, with 4 more units in the year to Mar 2028.38
  • The company stated in its annual report for the year to Mar 2026 that Andhra Pradesh allotted it 531.77 acres for a Laurus Pharma Zone, projecting ₹5,630 crore of investment over 8 years. On 24 Jul 2026, it said handover was in its final stages.3940

What the company expects

  • In its presentation of 18 Sep 2026, the company said it guides to an EBITDA margin above 30% from the year to Mar 2027.41
  • On its earnings call of 24 Jul 2026, the company said it expects at least 50% of revenue to come from CDMO by the year to Mar 2030.42
  • On its earnings call of 24 Jul 2026, the company said about 1/3 of revenue comes from antiretroviral medicines and expects that share to go down.29
  • In its presentation of 18 Sep 2026, the company said the first phase of the KRKA joint venture's formulation plant is to open in mid-2027, for high-potency and general oral doses.35

Recent events

  • In its exchange filing of 14 Oct 2026, the company said it had invested further in KRKA Pharma through a rights issue (new shares offered to existing shareholders), with its stake unchanged.43
  • On 24 Jul 2026, the National Company Law Tribunal listed for 10 Sep 2026 the hearing on merging subsidiary Laurus Synthesis, except its Unit-1, into the company; the company's documents give no outcome.44
  • On 3 Jul 2026, the company received CARE Ratings' letter reaffirming its credit rating (a view of its ability to repay debt) on long-term bank facilities at CARE AA; Stable.45

Last updated

All 45 sources, each with its page
  1. 1. Annual report, 8 Jun 2026, page 8
  2. 2. Annual report, 8 Jun 2026, page 53
  3. 3. Annual report, 8 Jun 2026, page 82
  4. 4. Annual report, 8 Jun 2026, page 18
  5. 5. Investor presentation, 18 Sep 2026, page 6
  6. 6. Annual report, 8 Jun 2026, page 54
  7. 7. Annual report, 8 Jun 2026, page 16
  8. 8. Annual report, 8 Jun 2026, page 81
  9. 9. Annual report, 8 Jun 2026, page 5
  10. 10. Annual report, 8 Jun 2026, page 38
  11. 11. Annual report, 8 Jun 2026, page 162
  12. 12. Annual report, 8 Jun 2026, page 142
  13. 13. Annual report, 8 Jun 2026, page 58
  14. 14. Annual report, 8 Jun 2026, page 19
  15. 15. Annual report, 8 Jun 2026, page 69
  16. 16. Annual report, 8 Jun 2026, page 182
  17. 17. Investor presentation, 18 Sep 2026, page 20
  18. 18. Investor presentation, 18 Sep 2026, page 21
  19. 19. Earnings call, 24 Jul 2026, page 3
  20. 20. Annual report, 8 Jun 2026, page 56
  21. 21. Annual report, 8 Jun 2026, page 12
  22. 22. Earnings call, 24 Jul 2026, page 6
  23. 23. Annual report, 8 Jun 2026, page 43
  24. 24. Annual report, 8 Jun 2026, page 54
  25. 25. Annual report, 8 Jun 2026, page 14
  26. 26. Annual report, 8 Jun 2026, page 15
  27. 27. Earnings call, 24 Jul 2026, page 4
  28. 28. Annual report, 8 Jun 2026, page 54
  29. 29. Earnings call, 24 Jul 2026, page 7
  30. 30. Earnings call, 24 Jul 2026, page 14
  31. 31. Investor presentation, 18 Sep 2026, page 7
  32. 32. Investor presentation, 18 Sep 2026, page 7
  33. 33. Annual report, 8 Jun 2026, page 20
  34. 34. Investor presentation, 18 Sep 2026, page 21
  35. 35. Investor presentation, 18 Sep 2026, page 15
  36. 36. Investor presentation, 18 Sep 2026, page 16
  37. 37. Investor presentation, 18 Sep 2026, page 8
  38. 38. Annual report, 8 Jun 2026, page 55
  39. 39. Annual report, 8 Jun 2026, page 57
  40. 40. Earnings call, 24 Jul 2026, page 4
  41. 41. Investor presentation, 18 Sep 2026, page 4
  42. 42. Earnings call, 24 Jul 2026, page 11
  43. 43. Exchange filing, 14 Oct 2026, page 1
  44. 44. Exchange filing, 25 Jul 2026, page 1
  45. 45. Exchange filing, 3 Jul 2026, page 1

Results

Consolidated; ₹ crore.Laurus Labs quarterly results

Revenue growth, 12 months
+22.6%
Net profit growth, 12 months
+114.9%

Quarter to Jun 2026, against the quarter before

Revenue
₹2,026 Crup 11.85%
Net profit
₹362 Crup 28.35%
Net margin
17.9%

Revenue by quarter

₹1,224 CrSep 24₹1,415 CrDec 24₹1,720 CrMar 25₹1,570 CrJun 25₹1,653 CrSep 25₹1,778 CrDec 25₹1,812 CrMar 26₹2,026 CrJun 26
Peak revenue ₹2,026 Cr, quarter to Jun 2026; lowest ₹1,224 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹20 CrSep 24₹93 CrDec 24₹233 CrMar 25₹162 CrJun 25₹194 CrSep 25₹252 CrDec 25₹282 CrMar 26₹362 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,2241,4151,7201,5701,6531,7781,8122,026
Net profit2093233162194252282362
Net margin1.6%6.6%13.5%10.3%11.8%14.2%15.6%17.9%
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, Manufacturer of Generics API, Generics FDF, Synthesis and Bio Technology, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Laurus Labs PE ratio and valuation

Price to earnings

At or below today's level on 85% of 2,207 trading days since Nov 2017.

LowestHighest
Its median35.90Industry median28.32
Price to book

At or below today's level on 100% of 1,978 trading days since Nov 2018.

LowestHighest
Its median7.08Industry median2.94
Dividend yield

At or below today's level on 5% of 2,425 trading days since Jan 2017.

LowestHighest
Its median0.33%Industry median0.50%

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+62.0%+147.7%−34.7%0.2%
3 years+50.4%+3.9%+44.6%0.2%
5 years+22.7%−2.1%+25.0%0.3%
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.Laurus Labs shareholding pattern

Shareholding by group

  • Promoters27.47%
  • Foreign institutions30.84%
  • Indian institutions11.86%
  • Individuals and others29.83%
Holder
M/s. NSN Holdings (Represented by its Managing Partner, Dr. Satyanarayana Chava)Promoter22.97%
NEW WORLD FUND INCForeign portfolio investors, category I3.53%
ANUKAR PROJECTS PRIVATE LIMITEDCompanies3.24%
CHUNDURU VENKATA LAKSHMANA RAOPromoter2.65%
SMALLCAP WORLD FUND, INCForeign portfolio investors, category I2.26%
BARCLAYS WEALTH TRUSTEES INDIA PRIVATE LIMITEDCompanies1.55%
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.

Promoters have pledged 2.19% of their shares. Since Jun 2026: promoters unchanged, foreign institutions +2.84 pts, Indian institutions −1.88 pts, mutual funds −1.89 pts.

Mutual fund holdings

219 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 133 of the 168 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. 1 more fund filed its first portfolio on record, holding it.All 219 funds holding Laurus Labs

Bought for the first time
3
Bought again
13
Added
89
Cut
79
Held unchanged
34
Sold out
3
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.Laurus Labs insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 3 pledge filings of unclear kind
  • Others: no market trade · 62 pledge filings of unclear kind
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.

Laurus Labs competitors and peers

Pharmaceuticals, 216 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Laurus Labs 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 IndustriesSUNPHARMA4,20,17234.745.03+11.4%+16.6%15.5%16.9%0.91%
Divi's Laboratories logoDivi's LaboratoriesDIVISLAB2,52,34186.2715.06+16.3%+26.8%18.4%20.8%0.32%
Torrent Pharmaceuticals logoTorrent PharmaceuticalsTORNTPHARM1,75,92082.829.57+42.1%−0.7%15.8%12.0%0.82%
Zydus Lifesciences logoZydus LifesciencesZYDUSLIFE1,16,99725.924.32+21.1%−1.3%17.7%15.9%0.09%
Dr. Reddy's Laboratories logoDr. Reddy's LaboratoriesDRREDDY1,09,34339.052.82−3.5%−51.5%7.5%6.0%0.61%
Cipla logoCiplaCIPLA1,09,06337.653.08−0.7%−46.8%8.5%9.7%0.96%
Mankind Pharma logoMankind PharmaMANKIND1,03,36545.975.88+13.3%+28.4%13.7%13.6%0.00%
Aurobindo Pharma logoAurobindo PharmaAUROPHARMA93,64325.222.47+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.Laurus Labs dividend history

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

0.3Mar 170.3Mar 180.3Mar 190.5Mar 202Mar 212Mar 222Mar 230.8Mar 241.2Mar 252Mar 26
Highest ₹2.00 a share, in 4 years, the latest the year to Mar 2026.
Ex-dateTypePer share
8 May 2026Interim₹1.20
31 Oct 2025Interim₹0.80
9 May 2025Interim₹0.80
6 Nov 2024Interim₹0.40
8 May 2024Interim₹0.40
2 Nov 2023Interim₹0.40
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Laurus Labs announcements

Laurus Labs share price by year

Each calendar year to 2025.Laurus Labs share price history

YearClose at year endChangeHighest closeLowest close
20251,108.00+83.8%1,108.00510.75
2024602.70+40.1%602.70370.30
2023430.20+14.6%435.45289.75
2022375.25−30.4%611.05372.80
2021538.90+52.6%708.70341.70
2020353.15+390.8%353.7563.19
201971.95−5.2%81.0662.05
201875.91−30.1%112.2068.04
2017108.58+12.9%125.6894.55
201696.17–97.2591.04
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 19 Dec 2016.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 20261,960.002,058.901,951.602,058.902,017.5618,58,32845.1%
23 Oct 20261,987.502,009.601,933.501,970.001,958.5218,93,71345.3%
22 Oct 20261,993.502,019.801,956.602,002.501,996.5915,38,71741.1%
21 Oct 20262,052.902,079.801,993.402,012.502,026.3112,75,84446.8%
19 Oct 20262,060.102,089.002,052.202,069.002,068.8411,33,05342.8%
16 Oct 20262,030.402,086.002,028.702,060.102,062.5416,06,54750.6%
15 Oct 20262,025.002,046.302,008.002,018.502,026.988,58,71351.2%
14 Oct 20262,049.002,057.302,019.202,036.902,036.6813,01,04651.0%
13 Oct 20262,047.102,065.002,007.802,059.402,036.1511,41,35441.0%
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.Stock split history

Ex-dateEventPrice factorWhat happened
29 Sep 2020Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
RAVINDRANATH KANCHERLA
At the end of the quarter to Sep 2026
Chief executive
CHAVA SATYANARAYANA
At the end of the quarter to Sep 2026
NSE symbol
LAURUSLABS
BSE code
540222
ISIN
INE947Q01028
Industry
Pharmaceuticals & Biotechnology
CIN
L24239AP2005PLC047518
Corporate identity number, the registrar of companies' code for it
Incorporated
2005
Registered office
Plot No.21, Jawaharlal Nehru Pharma City, Parawada, Visakapatnam 531021, Andhra Pradesh
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments