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NSE:LUPIN

LUPIN LIMITED

Healthcare › Pharmaceuticals & Biotechnology·NIFTY 200NIFTY 500NIFTY INDIA FPI 150NIFTY LARGEMIDCAP 250+13
₹1,973.90
at close · 28 Oct 2026
▲ 21.90 (+1.12%)
ThemesBiotechnology· growing

Latest filings

Next results: Tue, 3 Nov · Financial Results/Other business matters
  1. U.S. FDA closes Goa plant inspection with one observation · Regulatory & Legal
  2. Lupin allots 3,033 shares under employee stock options · Capital Market Events
  3. Lupin appoints Brian Savage as President and Chief Legal Officer · Compliance
All filings ↓
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Snapshot

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

AI · written from filings

Develops, manufactures and sells generic pharmaceutical formulations and active pharmaceutical ingredients, with operations spanning the United States, India and emerging markets. Pharmaceuticals accounted for 99.5% of FY26 segment revenue at ₹27,812.36 crore, with the remaining 0.5% from 'Others' which posted a small operating loss. The US franchise grew around 40% year-on-year on the back of products such as Tolvaptan, Mirabegron and Risperdal Consta; the India prescription business grew 14.5% year-on-year at 1.3x IPM and emerging markets grew 49% in Q4 FY26 led by Brazil (113% in local currency). Semaglutide was launched in India under the brand Semanext, the VISUfarma acquisition added an ophthalmology franchise, and the biosimilar franchise is currently around USD 50 million. The principal cost lines are other operating expenses at 25.9% of revenue and raw materials (mainly APIs) at 16.5%, with R&D running at around 8% of sales.

Revenue mix · reported segments
Pharmaceuticals99.5%
Others0.5%
Operating scale
US business revenue
USD 1.3 billionFY26
US business growth
~40% YoYFY26
Biosimilar franchise size
~USD 50 millionFY26
FY27 planned US product launches
20+FY27
Export share of turnover
58.6%FY26
Markets served
100+FY26
Who pays it
Patients, doctors, hospitals, retail pharmacies and institutional/government buyers across the United States, India and emerging markets.
Biggest cost
Other operating expenses are the largest cost bucket at 25.9% of revenue, with raw materials (mainly APIs and intermediates) the principal direct input at 16.5%.
Kind of business
Global generic pharmaceuticals — multi-geography, R&D-intensive at ~8% of sales, driven by product launches in regulated markets.
Where it sits
One of India's largest pharmaceutical companies by revenue (₹27,958.03 crore in FY26), with a top-tier US generics franchise (USD 1.3 billion) and a leadership position in chronic therapy areas in India.
Market Cap
₹90,257 Cr
P / E (TTM)
16.3×
EV / EBITDA
9.7×
Div Yield
0.61%
Growth
13.0%▲
Revenue 5y CAGR
PAT +34.3% · EBITDA +26.3%
Quality
17.6%▲
ROCE (5y median)
ROE 13.5% (5y median) · margin 31.1%
Leverage
0.26·
Debt / Equity · low
Net debt ₹1,742 Cr
Revenue FY21→FY26
1.8×▲
Margin +11.1 pts
₹15,163 Cr → ₹27,958 Cr
Cash conversion
1.52×▲
Operating cash ÷ profit · 5 yrs
₹14,483 Cr on ₹9,536 Cr
Moves on a normal day
0.80%·
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)#36/158
P/B#99/163
ROCE#13/183
ROE#13/166
Debt / Equity#107/166
EBITDA margin#31/165
Revenue growth#43/161
Profit growth#90/158

Scorecard

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

Strengths
Revenue compounding 13% a year over 5 years
Profit compounding 34% a year over 5 years
Returns on capital 17.6% (5-year median)
#13 of 183 in Pharmaceuticals on the latest reported figures · up from 12.0% in FY21
Over 5 years it reported ₹9,536 Cr of profit and ₹14,483 Cr of operating cash — 1.52×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

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

LUPIN · price

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▲ 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?

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Financials

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

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from LUPIN LIMITED's filed financials and exchange disclosures

What does LUPIN LIMITED do?

LUPIN LIMITED is a Pharmaceuticals & Biotechnology company listed on NSE and BSE, trading under the symbol LUPIN.

Is LUPIN LIMITED profitable?

Yes. Over the trailing twelve months LUPIN LIMITED reported a net profit of ₹5,551 Cr on revenue of ₹29,967 Cr.

Does LUPIN LIMITED pay a dividend?

Yes. The dividend yield is 0.61% at the current price. It paid out 10% of its profit as dividend in FY26.

Is LUPIN LIMITED debt-free?

No. It reported borrowings of ₹5,910 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1,742 Cr after cash. Debt stands at 0.26× equity. That is higher than 64% of its 166 Pharmaceuticals peers.

Is LUPIN LIMITED expensive compared with its peers?

On trailing P/E, LUPIN LIMITED ranks 36 of 158 in Pharmaceuticals — cheaper than 78% of them, against an industry median of 30.8×. This is a position, not a valuation judgement.

How much does the LUPIN LIMITED share price move in a day?

On a typical session LUPIN LIMITED moves 0.80% — 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 LUPIN LIMITED's next results?

Financial Results/Other business matters on Tue, 3 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track LUPIN LIMITED's announcements?

Every NSE and BSE filing by LUPIN LIMITED 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.