Companies›Healthcare›Healthcare›Pharmaceuticals & Biotechnology
NSE:LINCOLN

LINCOLN PHARMA LTD

Healthcare › Pharmaceuticals & Biotechnology
₹558.05
at close · 28 Oct 2026
▲ 5.05 (+0.91%)

Latest filings

Next results: Thu, 29 Oct · Financial Results
  1. Board meeting set for October quarter and half-year results · Results
  2. Sr GM Quality Assurance resigns from Lincoln Pharma · Management Changes
  3. Lincoln Pharma 32nd AGM: dividend and director reappointments approved · Board & Shareholder Meetings
All filings ↓
Ask Nexa about LINCOLN PHARMA LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures pharmaceutical formulations spanning cardiac, diabetic, dermatology and ENT therapy areas, selling both in India and overseas markets. Exports are diversified across African, Latin American, South-East Asian, institutional-tender and Canadian markets, with a Cepha manufacturing block now past breakeven and Canadian sales run through 6 Health Canada-approved product lines. R&D spend is being stepped up to support growing dossier filings, while the company is exploring entry into oncology and hormones alongside inorganic acquisitions in tablet and injectable manufacturing. Materials (35.7% of revenue) and employee costs (18.7%) are the largest cost lines, and management has guided to an INR1,000 crore revenue target with a stated 5-6 month slippage buffer on the original FY28 timeline.

Operating scale
Exports share of revenue
~70%FY26
Export geography mix
Africa ~40%, LatAm+SEA ~25%, UN/UNICEF ~15%FY26
Cepha block revenue
INR45 cr (FY26); long-term target INR150 crFY26
Canada business
$4-5M currently; 6 Health Canada-approved lines; potential $10-15MFY26
R&D spend
1.8-2% stepping up to 2.3-3.25% of revenueFY26
FY26 revenue from operations
Rs. 671.03 cr (+7.7% YoY)FY26
Who pays it
Indian patients via domestic distribution; African, Latin American and South-East Asian pharmaceutical buyers; UN/UNICEF and other institutional tender agencies; Canadian market via Health Canada-approved product lines.
Biggest cost
Materials at 35.7% of revenue — primarily active pharmaceutical ingredients and packaging inputs.
Kind of business
Mid-sized, formulation-driven Indian pharma with export-heavy mix and a diversified therapy portfolio.
Where it sits
FY26 revenue from operations of Rs. 671.03 cr; promoter and promoter group hold 49.78% of equity; exporter to multiple regulated and emerging markets; guided to INR1,000 cr revenue with a 5-6 month slippage buffer on the FY28 target.
Market Cap
₹1,118 Cr
P / E (TTM)
11.6×
EV / EBITDA
7.7×
Div Yield
0.32%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
19.9%▲
ROCE (5y median)
ROE 14.5% (5y median) · margin 19.5%
Leverage
0.01·
Debt / Equity · low
Net cash ₹17 Cr
Revenue FY17→FY26
1.9×▲
Margin +3.5 pts
₹362 Cr → ₹671 Cr
Cash conversion
0.93×·
Operating cash ÷ profit · 5 yrs
₹378 Cr on ₹406 Cr
Moves on a normal day
0.97%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 185 Pharmaceuticals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#28/158
P/B#39/163
ROCE#65/183
ROE#71/166
Debt / Equity#42/166
EBITDA margin#39/165
Revenue growth#83/161
Profit growth#80/158

Scorecard

Measured from the filed financials, judged against its Pharmaceuticals peers · as of FY26 — not investment advice

Strengths
Returns on capital 19.9% (5-year median)
#65 of 183 in Pharmaceuticals on the latest reported figures
Debt at 0.01× equity
lower than 75% of its 166 Pharmaceuticals peers
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

LINCOLN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from LINCOLN PHARMA LTD's filed financials and exchange disclosures

What does LINCOLN PHARMA LTD do?

LINCOLN PHARMA LTD is a Pharmaceuticals & Biotechnology company listed on NSE and BSE, trading under the symbol LINCOLN.

Is LINCOLN PHARMA LTD profitable?

Yes. Over the trailing twelve months LINCOLN PHARMA LTD reported a net profit of ₹96 Cr on revenue of ₹694 Cr.

Does LINCOLN PHARMA LTD pay a dividend?

Yes. The dividend yield is 0.32% at the current price. It paid out 4% of its profit as dividend in FY26.

Is LINCOLN PHARMA LTD debt-free?

On a net basis, yes. It reported borrowings of ₹4.42 Cr on its 31 Mar 2026 balance sheet, but holds ₹17 Cr more cash than debt.

Is LINCOLN PHARMA LTD expensive compared with its peers?

On trailing P/E, LINCOLN PHARMA LTD ranks 28 of 158 in Pharmaceuticals — cheaper than 83% of them, against an industry median of 30.8×. This is a position, not a valuation judgement.

How much does the LINCOLN PHARMA LTD share price move in a day?

On a typical session LINCOLN PHARMA LTD moves 0.97% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are LINCOLN PHARMA LTD's next results?

Financial Results on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track LINCOLN PHARMA LTD's announcements?

Every NSE and BSE filing by LINCOLN PHARMA LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.