Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Neuland Laboratories share price today

Neuland Laboratories Ltd · NSE: NEULANDLAB · Pharma - API & CRAMS · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 5 August 2026

Neuland Laboratories share price today: ₹19,576.00 at the NSE close on 4 November 2026, up 9.7% in a year. Neuland Laboratories (NSE: NEULANDLAB) is worth ₹25,116 crore, trades at a P/E of 50.5 and has closed between ₹11,995.00 and ₹23,536.20 over the past 52 weeks. Latest change: operating margin up 23 points on a year earlier.

Turning aroundBusiness trend from the last 12 quarters
₹19,576.00Price +9.7% in a year
50.5×P/E higher than 68% of the last 11 years
₹642 CrRevenue (Jun 2026) +119.1% on a year ago
₹148 CrProfit (Jun 2026) +957.1% on a year ago
35.0%Operating margin +23.0 points on a year ago
26%ROCE FY26
22.6%ROIC against a 12.0% cost of capital: +10.6 points

Neuland Laboratories Ltd's earnings have grown faster than its share price. Earnings per share grew +39.9% in a year while the price moved +9.7%.

The main question: yearly earnings per share moved +39.9% while the share price moved +9.7%.

The price has been rising for 25 weeks, and the P/E is higher than 68% of its own last 11 years. Over the last four quarters, results have been improving, with profit +957.1% on a year earlier, and 100% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Neuland Laboratories share price today?

Neuland Laboratories Ltd's share price was ₹19,576.00 at the close on 4 November 2026. It has been rising for 25 weeks. That is 5.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹11,995 and ₹23,536, and at that close it sat 66% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Neuland Laboratories Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

1Y

Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.

  • Price ₹19,576
  • 50-day avg ₹20,754
  • 200-day avg ₹18,499
Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹16,473₹15,215₹13,490
7 Nov 2025₹17,837₹15,560₹13,649
14 Nov 2025₹17,461₹15,913₹13,838
21 Nov 2025₹16,598₹16,107₹13,992
28 Nov 2025₹17,288₹16,223₹14,125
5 Dec 2025₹16,887₹16,322₹14,254
12 Dec 2025₹16,079₹16,310₹14,352
19 Dec 2025₹16,044₹16,259₹14,434
26 Dec 2025₹14,978₹16,113₹14,467
2 Jan 2026₹15,276₹15,927₹14,497
9 Jan 2026₹14,774₹15,732₹14,515
16 Jan 2026₹14,087₹15,526₹14,508
23 Jan 2026₹13,251₹15,154₹14,458
1 Feb 2026₹13,538₹14,766₹14,387
6 Feb 2026₹13,030₹14,491₹14,331
13 Feb 2026₹13,056₹14,275₹14,282
20 Feb 2026₹12,638₹14,084₹14,231
27 Feb 2026₹12,825₹13,935₹14,184
6 Mar 2026₹13,034₹13,791₹14,136
13 Mar 2026₹12,152₹13,564₹14,058
20 Mar 2026₹11,995₹13,316₹13,968
27 Mar 2026₹12,067₹13,114₹13,888
2 Apr 2026₹12,433₹13,029₹13,843
10 Apr 2026₹14,951₹13,217₹13,852
17 Apr 2026₹15,295₹13,474₹13,896
24 Apr 2026₹14,405₹13,733₹13,945
30 Apr 2026₹15,003₹13,879₹13,975
8 May 2026₹17,666₹14,426₹14,116
15 May 2026₹16,590₹14,865₹14,250
22 May 2026₹16,693₹15,185₹14,366
29 May 2026₹17,088₹15,442₹14,466
4 Jun 2026₹16,860₹15,670₹14,565
5 Jun 2026₹16,811₹15,715₹14,588
9 Jun 2026₹17,188₹15,820₹14,637
10 Jun 2026₹16,946₹15,864₹14,660
12 Jun 2026₹17,198₹15,958₹14,708
17 Jun 2026₹17,016₹16,068₹14,774
19 Jun 2026₹17,345₹16,162₹14,823
24 Jun 2026₹18,072₹16,348₹14,911
25 Jun 2026₹17,961₹16,411₹14,942
1 Jul 2026₹18,786₹16,647₹15,046
3 Jul 2026₹18,944₹16,825₹15,124
10 Jul 2026₹19,506₹17,251₹15,321
17 Jul 2026₹18,434₹17,541₹15,494
24 Jul 2026₹18,546₹17,742₹15,648
31 Jul 2026₹19,043₹18,000₹15,819
7 Aug 2026₹22,855₹18,495₹16,056
14 Aug 2026₹23,320₹19,286₹16,387
21 Aug 2026₹23,301₹20,038₹16,731
28 Aug 2026₹23,205₹20,617₹17,048
4 Sep 2026₹22,660₹21,031₹17,334
11 Sep 2026₹23,536₹21,474₹17,630
18 Sep 2026₹22,876₹21,653₹17,828
25 Sep 2026₹21,904₹21,765₹18,045
28 Sep 2026₹21,545₹21,758₹18,083
1 Oct 2026₹21,496₹21,715₹18,178
9 Oct 2026₹20,880₹21,665₹18,338
16 Oct 2026₹19,700₹21,388₹18,426
23 Oct 2026₹18,924₹21,036₹18,449
30 Oct 2026₹19,701₹20,754₹18,499
4 Nov 2026₹19,576₹20,754₹18,499
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.

  • Price ₹19,576
  • 50-day avg ₹20,754
  • 200-day avg ₹18,499
Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹3,867₹3,770₹2,986
12 Nov 2023₹5,346₹4,023₹3,099
17 Nov 2023₹5,393₹4,210₹3,185
24 Nov 2023₹5,087₹4,396₹3,285
1 Dec 2023₹5,371₹4,531₹3,364
8 Dec 2023₹5,164₹4,643₹3,451
15 Dec 2023₹5,159₹4,731₹3,533
22 Dec 2023₹5,116₹4,803₹3,611
29 Dec 2023₹5,291₹4,877₹3,677
5 Jan 2024₹5,573₹4,994₹3,767
12 Jan 2024₹5,538₹5,090₹3,853
20 Jan 2024₹5,881₹5,225₹3,961
25 Jan 2024₹6,096₹5,288₹4,015
2 Feb 2024₹6,146₹5,475₹4,128
9 Feb 2024₹6,770₹5,660₹4,243
16 Feb 2024₹7,150₹5,852₹4,363
23 Feb 2024₹7,002₹6,084₹4,498
2 Mar 2024₹7,208₹6,308₹4,651
7 Mar 2024₹6,530₹6,382₹4,736
15 Mar 2024₹5,912₹6,282₹4,789
22 Mar 2024₹6,385₹6,258₹4,856
28 Mar 2024₹6,322₹6,272₹4,901
5 Apr 2024₹6,368₹6,298₹4,975
12 Apr 2024₹6,665₹6,297₹5,026
19 Apr 2024₹7,369₹6,463₹5,120
26 Apr 2024₹6,973₹6,611₹5,225
3 May 2024₹7,558₹6,744₹5,315
10 May 2024₹7,140₹6,846₹5,412
18 May 2024₹6,225₹6,708₹5,458
24 May 2024₹6,334₹6,642₹5,490
31 May 2024₹6,043₹6,555₹5,522
7 Jun 2024₹6,291₹6,486₹5,554
14 Jun 2024₹6,489₹6,479₹5,598
21 Jun 2024₹6,572₹6,487₹5,634
28 Jun 2024₹7,485₹6,631₹5,714
5 Jul 2024₹7,778₹6,824₹5,811
12 Jul 2024₹8,078₹7,025₹5,914
19 Jul 2024₹8,130₹7,220₹6,009
26 Jul 2024₹8,377₹7,406₹6,118
2 Aug 2024₹11,078₹7,765₹6,276
9 Aug 2024₹11,517₹8,393₹6,517
16 Aug 2024₹11,665₹8,866₹6,716
23 Aug 2024₹12,198₹9,393₹6,962
30 Aug 2024₹12,502₹9,922₹7,222
6 Sep 2024₹12,905₹10,433₹7,491
13 Sep 2024₹12,518₹10,823₹7,740
20 Sep 2024₹12,771₹11,170₹7,983
27 Sep 2024₹12,791₹11,434₹8,210
4 Oct 2024₹12,077₹11,552₹8,368
11 Oct 2024₹14,248₹11,701₹8,561
18 Oct 2024₹14,085₹12,322₹8,882
25 Oct 2024₹13,803₹12,567₹9,115
1 Nov 2024₹14,561₹12,861₹9,362
8 Nov 2024₹13,793₹13,146₹9,610
14 Nov 2024₹15,590₹13,401₹9,816
22 Nov 2024₹14,905₹13,620₹10,015
29 Nov 2024₹16,709₹14,029₹10,299
6 Dec 2024₹17,596₹14,645₹10,646
13 Dec 2024₹15,265₹14,960₹10,927
20 Dec 2024₹13,891₹14,881₹11,103
27 Dec 2024₹13,702₹14,705₹11,205
3 Jan 2025₹13,774₹14,576₹11,341
10 Jan 2025₹14,045₹14,526₹11,485
17 Jan 2025₹13,651₹14,329₹11,580
24 Jan 2025₹13,782₹14,217₹11,683
1 Feb 2025₹14,194₹14,128₹11,806
7 Feb 2025₹14,247₹14,191₹11,936
14 Feb 2025₹11,825₹14,022₹12,002
21 Feb 2025₹10,996₹13,514₹11,964
28 Feb 2025₹10,611₹13,165₹11,933
7 Mar 2025₹12,094₹12,872₹11,913
13 Mar 2025₹11,071₹12,616₹11,883
21 Mar 2025₹11,793₹12,403₹11,861
28 Mar 2025₹12,072₹12,303₹11,860
4 Apr 2025₹11,439₹12,204₹11,851
11 Apr 2025₹11,753₹12,060₹11,827
17 Apr 2025₹12,821₹12,137₹11,854
25 Apr 2025₹12,300₹12,268₹11,903
2 May 2025₹11,952₹12,256₹11,915
9 May 2025₹12,429₹12,256₹11,931
16 May 2025₹11,056₹12,224₹11,939
23 May 2025₹11,156₹12,035₹11,903
30 May 2025₹11,503₹11,893₹11,871
6 Jun 2025₹13,030₹11,918₹11,878
13 Jun 2025₹13,193₹12,138₹11,938
20 Jun 2025₹12,245₹12,186₹11,961
27 Jun 2025₹12,120₹12,175₹11,970
4 Jul 2025₹11,999₹12,126₹11,967
11 Jul 2025₹12,301₹12,092₹11,965
18 Jul 2025₹14,263₹12,544₹12,093
25 Jul 2025₹13,760₹12,785₹12,180
1 Aug 2025₹13,017₹12,927₹12,248
8 Aug 2025₹13,099₹12,927₹12,282
14 Aug 2025₹13,278₹12,959₹12,315
22 Aug 2025₹13,888₹13,076₹12,378
29 Aug 2025₹13,455₹13,111₹12,415
5 Sep 2025₹14,459₹13,297₹12,498
12 Sep 2025₹16,049₹13,623₹12,623
19 Sep 2025₹15,467₹14,030₹12,782
26 Sep 2025₹13,966₹14,170₹12,881
3 Oct 2025₹15,210₹14,281₹12,961
10 Oct 2025₹16,316₹14,542₹13,094
17 Oct 2025₹16,281₹14,851₹13,248
24 Oct 2025₹16,088₹15,057₹13,366
31 Oct 2025₹16,473₹15,215₹13,490
7 Nov 2025₹17,837₹15,560₹13,649
14 Nov 2025₹17,461₹15,913₹13,838
21 Nov 2025₹16,598₹16,107₹13,992
28 Nov 2025₹17,288₹16,223₹14,125
5 Dec 2025₹16,887₹16,322₹14,254
12 Dec 2025₹16,079₹16,310₹14,352
19 Dec 2025₹16,044₹16,259₹14,434
26 Dec 2025₹14,978₹16,113₹14,467
2 Jan 2026₹15,276₹15,927₹14,497
9 Jan 2026₹14,774₹15,732₹14,515
16 Jan 2026₹14,087₹15,526₹14,508
23 Jan 2026₹13,251₹15,154₹14,458
1 Feb 2026₹13,538₹14,766₹14,387
6 Feb 2026₹13,030₹14,491₹14,331
13 Feb 2026₹13,056₹14,275₹14,282
20 Feb 2026₹12,638₹14,084₹14,231
27 Feb 2026₹12,825₹13,935₹14,184
6 Mar 2026₹13,034₹13,791₹14,136
13 Mar 2026₹12,152₹13,564₹14,058
20 Mar 2026₹11,995₹13,316₹13,968
27 Mar 2026₹12,067₹13,114₹13,888
2 Apr 2026₹12,433₹13,029₹13,843
10 Apr 2026₹14,951₹13,217₹13,852
17 Apr 2026₹15,295₹13,474₹13,896
24 Apr 2026₹14,405₹13,733₹13,945
30 Apr 2026₹15,003₹13,879₹13,975
8 May 2026₹17,666₹14,426₹14,116
15 May 2026₹16,590₹14,865₹14,250
22 May 2026₹16,693₹15,185₹14,366
29 May 2026₹17,088₹15,442₹14,466
4 Jun 2026₹16,860₹15,670₹14,565
5 Jun 2026₹16,811₹15,715₹14,588
9 Jun 2026₹17,188₹15,820₹14,637
10 Jun 2026₹16,946₹15,864₹14,660
12 Jun 2026₹17,198₹15,958₹14,708
17 Jun 2026₹17,016₹16,068₹14,774
19 Jun 2026₹17,345₹16,162₹14,823
24 Jun 2026₹18,072₹16,348₹14,911
25 Jun 2026₹17,961₹16,411₹14,942
1 Jul 2026₹18,786₹16,647₹15,046
3 Jul 2026₹18,944₹16,825₹15,124
10 Jul 2026₹19,506₹17,251₹15,321
17 Jul 2026₹18,434₹17,541₹15,494
24 Jul 2026₹18,546₹17,742₹15,648
31 Jul 2026₹19,043₹18,000₹15,819
7 Aug 2026₹22,855₹18,495₹16,056
14 Aug 2026₹23,320₹19,286₹16,387
21 Aug 2026₹23,301₹20,038₹16,731
28 Aug 2026₹23,205₹20,617₹17,048
4 Sep 2026₹22,660₹21,031₹17,334
11 Sep 2026₹23,536₹21,474₹17,630
18 Sep 2026₹22,876₹21,653₹17,828
25 Sep 2026₹21,904₹21,765₹18,045
28 Sep 2026₹21,545₹21,758₹18,083
1 Oct 2026₹21,496₹21,715₹18,178
9 Oct 2026₹20,880₹21,665₹18,338
16 Oct 2026₹19,700₹21,388₹18,426
23 Oct 2026₹18,924₹21,036₹18,449
30 Oct 2026₹19,701₹20,754₹18,499
4 Nov 2026₹19,576₹20,754₹18,499
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.

  • Price ₹19,576
  • 50-day avg ₹20,754
  • 200-day avg ₹18,499
Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹1,670₹1,662₹1,721
12 Nov 2021₹1,645₹1,661₹1,715
26 Nov 2021₹1,682₹1,664₹1,711
10 Dec 2021₹1,715₹1,693₹1,715
24 Dec 2021₹1,553₹1,663₹1,705
7 Jan 2022₹1,582₹1,635₹1,692
21 Jan 2022₹1,551₹1,627₹1,685
4 Feb 2022₹1,304₹1,561₹1,661
18 Feb 2022₹1,124₹1,436₹1,616
4 Mar 2022₹1,136₹1,327₹1,570
17 Mar 2022₹1,164₹1,283₹1,536
1 Apr 2022₹1,085₹1,215₹1,493
13 Apr 2022₹1,423₹1,239₹1,478
29 Apr 2022₹1,326₹1,280₹1,467
13 May 2022₹1,041₹1,257₹1,445
27 May 2022₹1,018₹1,178₹1,405
10 Jun 2022₹1,054₹1,139₹1,372
24 Jun 2022₹1,051₹1,109₹1,341
8 Jul 2022₹1,365₹1,145₹1,329
22 Jul 2022₹1,323₹1,193₹1,325
5 Aug 2022₹1,096₹1,208₹1,317
19 Aug 2022₹1,123₹1,180₹1,301
2 Sep 2022₹1,268₹1,187₹1,292
16 Sep 2022₹1,266₹1,200₹1,286
30 Sep 2022₹1,363₹1,237₹1,288
14 Oct 2022₹1,527₹1,319₹1,306
28 Oct 2022₹1,477₹1,372₹1,323
11 Nov 2022₹1,791₹1,424₹1,341
25 Nov 2022₹1,772₹1,546₹1,385
9 Dec 2022₹1,618₹1,598₹1,415
23 Dec 2022₹1,601₹1,618₹1,439
6 Jan 2023₹1,768₹1,651₹1,465
20 Jan 2023₹1,541₹1,650₹1,483
3 Feb 2023₹1,431₹1,593₹1,481
17 Feb 2023₹1,617₹1,567₹1,483
3 Mar 2023₹1,633₹1,581₹1,496
17 Mar 2023₹1,656₹1,608₹1,511
31 Mar 2023₹1,804₹1,635₹1,526
13 Apr 2023₹2,075₹1,737₹1,562
28 Apr 2023₹2,139₹1,842₹1,609
12 May 2023₹2,582₹1,953₹1,659
26 May 2023₹2,794₹2,242₹1,771
9 Jun 2023₹2,809₹2,430₹1,870
23 Jun 2023₹2,787₹2,591₹1,970
7 Jul 2023₹3,104₹2,702₹2,054
21 Jul 2023₹3,292₹2,820₹2,149
4 Aug 2023₹3,745₹3,028₹2,272
18 Aug 2023₹3,763₹3,325₹2,421
1 Sep 2023₹3,792₹3,507₹2,560
15 Sep 2023₹3,684₹3,550₹2,663
29 Sep 2023₹3,688₹3,601₹2,753
13 Oct 2023₹3,859₹3,680₹2,849
27 Oct 2023₹3,794₹3,749₹2,940
12 Nov 2023₹5,346₹4,023₹3,099
24 Nov 2023₹5,087₹4,396₹3,285
8 Dec 2023₹5,164₹4,643₹3,451
22 Dec 2023₹5,116₹4,803₹3,611
5 Jan 2024₹5,573₹4,994₹3,767
20 Jan 2024₹5,881₹5,225₹3,961
2 Feb 2024₹6,146₹5,475₹4,128
16 Feb 2024₹7,150₹5,852₹4,363
2 Mar 2024₹7,208₹6,308₹4,651
15 Mar 2024₹5,912₹6,282₹4,789
28 Mar 2024₹6,322₹6,272₹4,901
12 Apr 2024₹6,665₹6,297₹5,026
26 Apr 2024₹6,973₹6,611₹5,225
10 May 2024₹7,140₹6,846₹5,412
24 May 2024₹6,334₹6,642₹5,490
7 Jun 2024₹6,291₹6,486₹5,554
21 Jun 2024₹6,572₹6,487₹5,634
5 Jul 2024₹7,778₹6,824₹5,811
19 Jul 2024₹8,130₹7,220₹6,009
2 Aug 2024₹11,078₹7,765₹6,276
16 Aug 2024₹11,665₹8,866₹6,716
30 Aug 2024₹12,502₹9,922₹7,222
13 Sep 2024₹12,518₹10,823₹7,740
27 Sep 2024₹12,791₹11,434₹8,210
11 Oct 2024₹14,248₹11,701₹8,561
25 Oct 2024₹13,803₹12,567₹9,115
8 Nov 2024₹13,793₹13,146₹9,610
22 Nov 2024₹14,905₹13,620₹10,015
6 Dec 2024₹17,596₹14,645₹10,646
20 Dec 2024₹13,891₹14,881₹11,103
3 Jan 2025₹13,774₹14,576₹11,341
17 Jan 2025₹13,651₹14,329₹11,580
1 Feb 2025₹14,194₹14,128₹11,806
14 Feb 2025₹11,825₹14,022₹12,002
28 Feb 2025₹10,611₹13,165₹11,933
13 Mar 2025₹11,071₹12,616₹11,883
28 Mar 2025₹12,072₹12,303₹11,860
11 Apr 2025₹11,753₹12,060₹11,827
25 Apr 2025₹12,300₹12,268₹11,903
9 May 2025₹12,429₹12,256₹11,931
23 May 2025₹11,156₹12,035₹11,903
6 Jun 2025₹13,030₹11,918₹11,878
20 Jun 2025₹12,245₹12,186₹11,961
4 Jul 2025₹11,999₹12,126₹11,967
18 Jul 2025₹14,263₹12,544₹12,093
1 Aug 2025₹13,017₹12,927₹12,248
14 Aug 2025₹13,278₹12,959₹12,315
29 Aug 2025₹13,455₹13,111₹12,415
12 Sep 2025₹16,049₹13,623₹12,623
26 Sep 2025₹13,966₹14,170₹12,881
10 Oct 2025₹16,316₹14,542₹13,094
24 Oct 2025₹16,088₹15,057₹13,366
7 Nov 2025₹17,837₹15,560₹13,649
21 Nov 2025₹16,598₹16,107₹13,992
5 Dec 2025₹16,887₹16,322₹14,254
19 Dec 2025₹16,044₹16,259₹14,434
2 Jan 2026₹15,276₹15,927₹14,497
16 Jan 2026₹14,087₹15,526₹14,508
1 Feb 2026₹13,538₹14,766₹14,387
13 Feb 2026₹13,056₹14,275₹14,282
27 Feb 2026₹12,825₹13,935₹14,184
13 Mar 2026₹12,152₹13,564₹14,058
27 Mar 2026₹12,067₹13,114₹13,888
10 Apr 2026₹14,951₹13,217₹13,852
24 Apr 2026₹14,405₹13,733₹13,945
8 May 2026₹17,666₹14,426₹14,116
22 May 2026₹16,693₹15,185₹14,366
4 Jun 2026₹16,860₹15,670₹14,565
9 Jun 2026₹17,188₹15,820₹14,637
12 Jun 2026₹17,198₹15,958₹14,708
19 Jun 2026₹17,345₹16,162₹14,823
25 Jun 2026₹17,961₹16,411₹14,942
3 Jul 2026₹18,944₹16,825₹15,124
17 Jul 2026₹18,434₹17,541₹15,494
31 Jul 2026₹19,043₹18,000₹15,819
14 Aug 2026₹23,320₹19,286₹16,387
28 Aug 2026₹23,205₹20,617₹17,048
11 Sep 2026₹23,536₹21,474₹17,630
25 Sep 2026₹21,904₹21,765₹18,045
1 Oct 2026₹21,496₹21,715₹18,178
16 Oct 2026₹19,700₹21,388₹18,426
30 Oct 2026₹19,701₹20,754₹18,499
4 Nov 2026₹19,576₹20,754₹18,499
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.

  • Price ₹19,576
  • 50-day avg ₹20,754
  • 200-day avg ₹18,499
Nov 2026: ₹19,576, 5.8% above its 200-day average. The price has been rising for 25 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹982₹976₹850
18 Nov 2016₹967₹984₹868
9 Dec 2016₹1,034₹995₹887
30 Dec 2016₹1,032₹1,004₹905
20 Jan 2017₹969₹1,004₹919
10 Feb 2017₹901₹975₹922
3 Mar 2017₹1,192₹976₹927
24 Mar 2017₹1,251₹1,065₹960
13 Apr 2017₹1,530₹1,246₹1,027
5 May 2017₹1,327₹1,306₹1,074
26 May 2017₹1,390₹1,345₹1,118
16 Jun 2017₹1,399₹1,364₹1,155
7 Jul 2017₹1,373₹1,376₹1,187
28 Jul 2017₹1,448₹1,383₹1,214
18 Aug 2017₹1,272₹1,365₹1,232
8 Sep 2017₹1,223₹1,307₹1,232
29 Sep 2017₹982₹1,185₹1,205
19 Oct 2017₹1,140₹1,158₹1,194
10 Nov 2017₹1,169₹1,149₹1,186
1 Dec 2017₹952₹1,123₹1,174
22 Dec 2017₹866₹1,014₹1,133
12 Jan 2018₹850₹949₹1,098
2 Feb 2018₹789₹911₹1,068
23 Feb 2018₹707₹824₹1,021
16 Mar 2018₹728₹774₹980
6 Apr 2018₹726₹753₹948
27 Apr 2018₹702₹743₹918
18 May 2018₹701₹740₹895
8 Jun 2018₹691₹720₹867
29 Jun 2018₹640₹703₹842
20 Jul 2018₹565₹662₹810
10 Aug 2018₹687₹669₹791
31 Aug 2018₹780₹688₹782
21 Sep 2018₹743₹724₹781
12 Oct 2018₹591₹689₹764
2 Nov 2018₹538₹637₹738
22 Nov 2018₹520₹598₹714
14 Dec 2018₹456₹537₹680
4 Jan 2019₹485₹508₹652
25 Jan 2019₹498₹506₹631
15 Feb 2019₹585₹511₹615
8 Mar 2019₹724₹594₹626
29 Mar 2019₹677₹625₹632
18 Apr 2019₹674₹647₹637
10 May 2019₹671₹663₹643
31 May 2019₹599₹651₹643
21 Jun 2019₹521₹614₹633
12 Jul 2019₹520₹587₹622
2 Aug 2019₹486₹549₹606
23 Aug 2019₹444₹520₹590
13 Sep 2019₹493₹504₹576
4 Oct 2019₹487₹501₹566
27 Oct 2019₹488₹492₹555
15 Nov 2019₹486₹495₹548
6 Dec 2019₹437₹477₹535
27 Dec 2019₹430₹449₹519
17 Jan 2020₹486₹449₹509
7 Feb 2020₹479₹455₹502
28 Feb 2020₹413₹452₹495
20 Mar 2020₹296₹404₹476
9 Apr 2020₹347₹361₹455
30 Apr 2020₹445₹385₹450
22 May 2020₹441₹401₹446
12 Jun 2020₹404₹401₹440
3 Jul 2020₹531₹452₹449
24 Jul 2020₹688₹535₹475
14 Aug 2020₹803₹647₹517
4 Sep 2020₹990₹788₹578
25 Sep 2020₹1,074₹907₹644
16 Oct 2020₹1,152₹1,037₹717
6 Nov 2020₹1,219₹1,113₹785
27 Nov 2020₹1,031₹1,089₹824
18 Dec 2020₹1,060₹1,089₹859
8 Jan 2021₹1,098₹1,092₹889
29 Jan 2021₹1,289₹1,189₹945
19 Feb 2021₹2,161₹1,497₹1,069
12 Mar 2021₹2,032₹1,716₹1,192
1 Apr 2021₹2,185₹1,846₹1,294
23 Apr 2021₹2,506₹2,099₹1,436
14 May 2021₹2,075₹2,267₹1,575
4 Jun 2021₹2,093₹2,219₹1,657
25 Jun 2021₹2,010₹2,139₹1,711
16 Jul 2021₹2,199₹2,162₹1,777
6 Aug 2021₹1,696₹2,073₹1,802
27 Aug 2021₹1,674₹1,874₹1,777
17 Sep 2021₹1,615₹1,784₹1,762
8 Oct 2021₹1,502₹1,672₹1,731
29 Oct 2021₹1,670₹1,662₹1,721
18 Nov 2021₹1,690₹1,664₹1,714
10 Dec 2021₹1,715₹1,693₹1,715
31 Dec 2021₹1,545₹1,642₹1,697
21 Jan 2022₹1,551₹1,627₹1,685
11 Feb 2022₹1,127₹1,501₹1,640
4 Mar 2022₹1,136₹1,327₹1,570
25 Mar 2022₹1,097₹1,255₹1,516
13 Apr 2022₹1,423₹1,239₹1,478
6 May 2022₹1,302₹1,284₹1,461
27 May 2022₹1,018₹1,178₹1,405
17 Jun 2022₹1,050₹1,122₹1,356
8 Jul 2022₹1,365₹1,145₹1,329
29 Jul 2022₹1,301₹1,210₹1,323
19 Aug 2022₹1,123₹1,180₹1,301
9 Sep 2022₹1,208₹1,191₹1,288
30 Sep 2022₹1,363₹1,237₹1,288
21 Oct 2022₹1,498₹1,353₹1,316
11 Nov 2022₹1,791₹1,424₹1,341
2 Dec 2022₹1,706₹1,581₹1,402
23 Dec 2022₹1,601₹1,618₹1,439
13 Jan 2023₹1,691₹1,661₹1,477
3 Feb 2023₹1,431₹1,593₹1,481
24 Feb 2023₹1,597₹1,575₹1,490
17 Mar 2023₹1,656₹1,608₹1,511
6 Apr 2023₹2,059₹1,674₹1,540
28 Apr 2023₹2,139₹1,842₹1,609
19 May 2023₹2,832₹2,122₹1,719
9 Jun 2023₹2,809₹2,430₹1,870
30 Jun 2023₹2,831₹2,631₹2,005
21 Jul 2023₹3,292₹2,820₹2,149
11 Aug 2023₹4,111₹3,197₹2,354
1 Sep 2023₹3,792₹3,507₹2,560
22 Sep 2023₹3,647₹3,564₹2,701
13 Oct 2023₹3,859₹3,680₹2,849
3 Nov 2023₹3,867₹3,770₹2,986
24 Nov 2023₹5,087₹4,396₹3,285
15 Dec 2023₹5,159₹4,731₹3,533
5 Jan 2024₹5,573₹4,994₹3,767
25 Jan 2024₹6,096₹5,288₹4,015
16 Feb 2024₹7,150₹5,852₹4,363
7 Mar 2024₹6,530₹6,382₹4,736
28 Mar 2024₹6,322₹6,272₹4,901
19 Apr 2024₹7,369₹6,463₹5,120
10 May 2024₹7,140₹6,846₹5,412
31 May 2024₹6,043₹6,555₹5,522
21 Jun 2024₹6,572₹6,487₹5,634
12 Jul 2024₹8,078₹7,025₹5,914
2 Aug 2024₹11,078₹7,765₹6,276
23 Aug 2024₹12,198₹9,393₹6,962
13 Sep 2024₹12,518₹10,823₹7,740
4 Oct 2024₹12,077₹11,552₹8,368
25 Oct 2024₹13,803₹12,567₹9,115
14 Nov 2024₹15,590₹13,401₹9,816
6 Dec 2024₹17,596₹14,645₹10,646
27 Dec 2024₹13,702₹14,705₹11,205
17 Jan 2025₹13,651₹14,329₹11,580
7 Feb 2025₹14,247₹14,191₹11,936
28 Feb 2025₹10,611₹13,165₹11,933
21 Mar 2025₹11,793₹12,403₹11,861
11 Apr 2025₹11,753₹12,060₹11,827
2 May 2025₹11,952₹12,256₹11,915
23 May 2025₹11,156₹12,035₹11,903
13 Jun 2025₹13,193₹12,138₹11,938
4 Jul 2025₹11,999₹12,126₹11,967
25 Jul 2025₹13,760₹12,785₹12,180
14 Aug 2025₹13,278₹12,959₹12,315
5 Sep 2025₹14,459₹13,297₹12,498
26 Sep 2025₹13,966₹14,170₹12,881
17 Oct 2025₹16,281₹14,851₹13,248
7 Nov 2025₹17,837₹15,560₹13,649
28 Nov 2025₹17,288₹16,223₹14,125
19 Dec 2025₹16,044₹16,259₹14,434
9 Jan 2026₹14,774₹15,732₹14,515
1 Feb 2026₹13,538₹14,766₹14,387
20 Feb 2026₹12,638₹14,084₹14,231
13 Mar 2026₹12,152₹13,564₹14,058
2 Apr 2026₹12,433₹13,029₹13,843
24 Apr 2026₹14,405₹13,733₹13,945
15 May 2026₹16,590₹14,865₹14,250
4 Jun 2026₹16,860₹15,670₹14,565
10 Jun 2026₹16,946₹15,864₹14,660
19 Jun 2026₹17,345₹16,162₹14,823
1 Jul 2026₹18,786₹16,647₹15,046
17 Jul 2026₹18,434₹17,541₹15,494
7 Aug 2026₹22,855₹18,495₹16,056
28 Aug 2026₹23,205₹20,617₹17,048
18 Sep 2026₹22,876₹21,653₹17,828
1 Oct 2026₹21,496₹21,715₹18,178
23 Oct 2026₹18,924₹21,036₹18,449
4 Nov 2026₹19,576₹20,754₹18,499
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Feb 2026; Falling from Feb 2026 to May 2026; Rising from May 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Apr 2025; Sideways from Apr 2025 to May 2025; Sideways from May 2025 to Jul 2025; Sideways in Jul 2025; Rising from Aug 2025 to Feb 2026; Falling from Feb 2026 to May 2026; Rising from May 2026 to Oct 2026.

Price stage: Falling from Oct 2021 to Oct 2022; Rising from Nov 2022 to May 2025; Sideways from May 2025 to Jul 2025; Rising from Aug 2025 to Feb 2026; Falling from Feb 2026 to May 2026; Rising from Jun 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Sep 2017; Falling from Oct 2017 to Apr 2019; Rising from May 2019 to Jun 2019; Falling from Jul 2019 to Jul 2020; Rising from Jul 2020 to Sep 2021; Falling from Oct 2021 to Oct 2022; Rising from Nov 2022 to May 2025; Sideways from May 2025 to Jul 2025; Rising from Aug 2025 to Feb 2026; Falling from Feb 2026 to May 2026; Rising from Jun 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 307 of 551 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016+19.5%
17 Jun 2016+24.5%
24 Jun 2016+9.0%
1 Jul 2016+12.4%
8 Jul 2016+12.8%
15 Jul 2016+26.0%
22 Jul 2016+14.5%
29 Jul 2016+10.4%
5 Aug 2016+11.4%
12 Aug 2016+15.6%
19 Aug 2016+1.7%
26 Aug 2016+19.1%
2 Sep 2016+18.2%
9 Sep 2016+16.8%
16 Sep 2016+17.7%
23 Sep 2016+13.8%
30 Sep 2016+2.2%
7 Oct 2016+9.0%
14 Oct 2016−2.5%
21 Oct 2016−0.9%
30 Oct 2016+7.0%
4 Nov 2016+10.8%
11 Nov 2016+16.6%
18 Nov 2016+8.7%
25 Nov 2016+2.6%
2 Dec 2016+9.0%
9 Dec 2016+9.1%
16 Dec 2016+10.7%
23 Dec 2016+6.8%
30 Dec 2016+13.1%
6 Jan 2017+4.8%
13 Jan 2017+4.9%
20 Jan 2017+0.7%
27 Jan 2017−5.3%
3 Feb 2017−9.0%
10 Feb 2017−19.2%
17 Feb 2017−18.6%
23 Feb 2017−19.0%
3 Mar 2017+5.8%
10 Mar 2017−2.5%
17 Mar 2017−3.8%
24 Mar 2017+10.0%
31 Mar 2017+29.7%
7 Apr 2017+39.8%
13 Apr 2017+40.3%
21 Apr 2017+36.2%
28 Apr 2017+35.3%
5 May 2017+30.3%
12 May 2017+41.1%
19 May 2017+51.2%
26 May 2017+45.4%
2 Jun 2017+3.9%
9 Jun 2017+15.9%
16 Jun 2017+16.2%
23 Jun 2017+7.5%
30 Jun 2017−9.6%
7 Jul 2017−16.9%
14 Jul 2017−20.7%
21 Jul 2017−2.7%
28 Jul 2017−3.3%
4 Aug 2017+3.4%
11 Aug 2017−12.7%
18 Aug 2017−15.9%
24 Aug 2017−15.2%
1 Sep 2017−12.3%
8 Sep 2017−17.6%
15 Sep 2017−29.9%
22 Sep 2017−29.0%
29 Sep 2017−33.7%
6 Oct 2017−24.8%
13 Oct 2017−16.4%
19 Oct 2017−26.4%
27 Oct 2017−28.7%
3 Nov 2017−20.9%
10 Nov 2017−9.6%
17 Nov 2017−15.9%
24 Nov 2017−22.4%
1 Dec 2017−25.6%
8 Dec 2017−29.9%
15 Dec 2017−24.0%
22 Dec 2017−27.0%
29 Dec 2017−17.5%
5 Jan 2018−30.1%
12 Jan 2018−34.9%
19 Jan 2018−31.4%
25 Jan 2018−25.3%
2 Feb 2018−35.5%
9 Feb 2018−44.4%
16 Feb 2018−38.1%
23 Feb 2018−32.1%
1 Mar 2018−24.2%
9 Mar 2018−20.0%
16 Mar 2018−10.7%
23 Mar 2018−12.7%
28 Mar 2018−15.5%
6 Apr 2018−10.0%
13 Apr 2018−8.7%
20 Apr 2018−13.9%
27 Apr 2018−17.7%
4 May 2018−8.7%
11 May 2018+12.7%
18 May 2018−0.8%
25 May 2018−0.7%
1 Jun 2018−6.0%
8 Jun 2018−6.0%
15 Jun 2018−7.6%
22 Jun 2018−5.3%
29 Jun 2018−12.3%
6 Jul 2018−15.3%
13 Jul 2018−15.2%
20 Jul 2018−21.8%
27 Jul 2018−5.3%
3 Aug 2018−8.7%
10 Aug 2018−16.7%
17 Aug 2018−11.0%
24 Aug 2018−5.0%
31 Aug 2018+6.2%
7 Sep 2018+13.2%
14 Sep 2018+7.8%
21 Sep 2018+6.2%
28 Sep 2018+8.7%
5 Oct 2018+5.3%
12 Oct 2018−0.2%
19 Oct 2018+12.6%
26 Oct 2018−8.7%
2 Nov 2018−14.8%
9 Nov 2018−11.1%
16 Nov 2018−12.3%
22 Nov 2018−17.9%
30 Nov 2018−31.0%
7 Dec 2018−36.8%
14 Dec 2018−38.0%
21 Dec 2018−34.6%
28 Dec 2018−33.0%
4 Jan 2019−25.8%
11 Jan 2019−16.8%
18 Jan 2019−17.8%
25 Jan 2019−12.4%
1 Feb 2019−2.5%
8 Feb 2019−12.0%
15 Feb 2019+10.0%
22 Feb 2019+24.7%
1 Mar 2019+52.4%
8 Mar 2019+54.4%
15 Mar 2019+51.0%
22 Mar 2019+38.7%
29 Mar 2019+39.9%
5 Apr 2019+38.5%
12 Apr 2019+25.8%
18 Apr 2019+24.2%
26 Apr 2019+34.3%
3 May 2019+24.7%
10 May 2019+35.1%
17 May 2019+5.9%
24 May 2019−13.6%
31 May 2019−26.2%
7 Jun 2019−22.8%
14 Jun 2019−19.2%
21 Jun 2019−23.9%
28 Jun 2019−23.1%
5 Jul 2019−14.4%
12 Jul 2019−21.9%
19 Jul 2019−20.3%
26 Jul 2019−21.9%
2 Aug 2019−23.5%
9 Aug 2019−28.8%
16 Aug 2019−17.0%
23 Aug 2019−20.0%
30 Aug 2019−12.5%
6 Sep 2019−8.9%
13 Sep 2019−6.2%
20 Sep 2019−1.0%
27 Sep 2019−0.3%
4 Oct 2019−13.8%
11 Oct 2019−7.3%
18 Oct 2019−6.4%
27 Oct 2019−11.8%
1 Nov 2019−7.2%
8 Nov 2019+0.6%
15 Nov 2019−13.5%
22 Nov 2019−5.3%
29 Nov 2019−12.2%
6 Dec 2019−17.1%
13 Dec 2019−30.1%
20 Dec 2019−21.1%
27 Dec 2019−20.8%
3 Jan 2020−18.2%
10 Jan 2020−10.9%
17 Jan 2020−4.8%
24 Jan 2020−7.5%
1 Feb 2020−15.9%
7 Feb 2020−8.6%
14 Feb 2020−6.0%
20 Feb 2020−1.4%
28 Feb 2020−3.7%
6 Mar 2020−1.5%
13 Mar 2020+10.3%
20 Mar 2020+2.2%
27 Mar 2020−7.5%
3 Apr 2020−7.0%
9 Apr 2020+3.1%
17 Apr 2020+6.6%
24 Apr 2020+8.2%
30 Apr 2020+27.2%
8 May 2020+10.8%
15 May 2020+14.7%
22 May 2020+19.7%
29 May 2020+5.9%
5 Jun 2020+8.4%
12 Jun 2020+7.9%
19 Jun 2020+28.7%
26 Jun 2020+84.3%
3 Jul 2020+63.9%
10 Jul 2020+50.4%
17 Jul 2020+50.3%
24 Jul 2020+54.9%
31 Jul 2020+55.5%
7 Aug 2020+72.9%
14 Aug 2020+65.4%
21 Aug 2020+90.3%
28 Aug 2020+130.4%
4 Sep 2020+134.4%
11 Sep 2020+129.1%
18 Sep 2020+152.0%
25 Sep 2020+85.7%
1 Oct 2020+111.8%
9 Oct 2020+102.8%
16 Oct 2020+60.9%
23 Oct 2020+68.7%
30 Oct 2020+45.8%
6 Nov 2020+38.9%
14 Nov 2020+25.8%
20 Nov 2020−2.5%
27 Nov 2020−6.8%
4 Dec 2020−7.3%
11 Dec 2020−8.3%
18 Dec 2020−33.3%
24 Dec 2020−22.5%
1 Jan 2021−29.0%
8 Jan 2021−36.3%
15 Jan 2021−17.8%
22 Jan 2021−7.0%
29 Jan 2021−17.0%
5 Feb 2021+2.8%
12 Feb 2021+58.4%
19 Feb 2021+91.9%
26 Feb 2021+78.9%
5 Mar 2021+61.2%
12 Mar 2021+77.6%
19 Mar 2021+76.5%
26 Mar 2021+79.8%
1 Apr 2021+94.1%
9 Apr 2021+116.4%
16 Apr 2021+98.8%
23 Apr 2021+76.3%
30 Apr 2021+93.6%
7 May 2021+78.0%
14 May 2021+3.7%
21 May 2021−3.4%
28 May 2021+5.5%
4 Jun 2021+1.5%
11 Jun 2021−7.6%
18 Jun 2021−7.8%
25 Jun 2021−10.0%
2 Jul 2021−8.6%
9 Jul 2021−19.9%
16 Jul 2021−21.3%
23 Jul 2021−21.3%
30 Jul 2021−33.7%
6 Aug 2021−47.4%
13 Aug 2021−28.1%
20 Aug 2021−34.9%
27 Aug 2021−34.2%
3 Sep 2021−33.1%
9 Sep 2021−25.8%
17 Sep 2021−31.3%
24 Sep 2021−35.5%
1 Oct 2021−41.7%
8 Oct 2021−46.2%
14 Oct 2021−32.4%
22 Oct 2021−39.3%
29 Oct 2021−25.4%
4 Nov 2021−12.3%
12 Nov 2021−12.9%
18 Nov 2021−1.3%
26 Nov 2021−1.1%
3 Dec 2021+8.5%
10 Dec 2021−2.7%
17 Dec 2021+2.3%
24 Dec 2021+2.5%
31 Dec 2021−0.3%
7 Jan 2022+5.1%
14 Jan 2022−6.7%
21 Jan 2022−0.7%
28 Jan 2022−11.7%
4 Feb 2022−19.5%
11 Feb 2022−27.2%
18 Feb 2022−29.9%
25 Feb 2022−33.2%
4 Mar 2022−29.2%
11 Mar 2022−26.2%
17 Mar 2022−28.3%
25 Mar 2022−29.6%
1 Apr 2022−29.3%
8 Apr 2022−14.2%
13 Apr 2022−11.8%
22 Apr 2022−10.5%
29 Apr 2022−4.3%
6 May 2022+8.1%
13 May 2022−1.7%
20 May 2022−2.5%
27 May 2022−2.9%
3 Jun 2022−6.3%
10 Jun 2022−5.5%
17 Jun 2022+1.4%
24 Jun 2022+5.7%
1 Jul 2022+20.3%
8 Jul 2022+14.0%
15 Jul 2022−7.6%
22 Jul 2022−0.8%
29 Jul 2022−5.2%
5 Aug 2022−24.6%
12 Aug 2022−5.7%
19 Aug 2022−1.8%
26 Aug 2022+8.0%
2 Sep 2022+9.7%
9 Sep 2022−2.2%
16 Sep 2022+2.9%
23 Sep 2022+22.4%
30 Sep 2022+5.2%
7 Oct 2022+0.5%
14 Oct 2022+15.9%
21 Oct 2022+6.9%
28 Oct 2022+9.3%
4 Nov 2022+33.4%
11 Nov 2022+62.2%
18 Nov 2022+57.3%
25 Nov 2022+44.9%
2 Dec 2022+31.0%
9 Dec 2022+31.8%
16 Dec 2022+32.4%
23 Dec 2022+10.4%
30 Dec 2022+19.4%
6 Jan 2023+16.1%
13 Jan 2023+8.1%
20 Jan 2023+2.8%
27 Jan 2023+2.3%
3 Feb 2023−1.4%
10 Feb 2023−16.9%
17 Feb 2023−4.6%
24 Feb 2023−1.8%
3 Mar 2023+1.6%
10 Mar 2023+14.1%
17 Mar 2023+4.9%
24 Mar 2023+10.7%
31 Mar 2023+12.7%
6 Apr 2023+18.8%
13 Apr 2023+26.7%
21 Apr 2023+29.6%
28 Apr 2023+44.8%
5 May 2023+40.7%
12 May 2023+79.7%
19 May 2023+69.6%
26 May 2023+67.5%
2 Jun 2023+64.3%
9 Jun 2023+55.0%
16 Jun 2023+64.0%
23 Jun 2023+54.4%
30 Jun 2023+44.1%
7 Jul 2023+39.4%
14 Jul 2023+28.9%
21 Jul 2023+53.1%
28 Jul 2023+49.0%
4 Aug 2023+72.3%
11 Aug 2023+50.0%
18 Aug 2023+23.6%
25 Aug 2023+33.4%
1 Sep 2023+27.4%
8 Sep 2023+22.7%
15 Sep 2023+18.8%
22 Sep 2023+24.3%
29 Sep 2023+27.1%
6 Oct 2023+22.0%
13 Oct 2023+27.7%
20 Oct 2023+24.4%
27 Oct 2023+12.0%
3 Nov 2023+1.7%
12 Nov 2023+25.5%
17 Nov 2023+39.3%
24 Nov 2023+23.5%
1 Dec 2023+33.6%
8 Dec 2023+32.6%
15 Dec 2023+32.4%
22 Dec 2023+29.0%
29 Dec 2023+30.4%
5 Jan 2024+29.7%
12 Jan 2024+31.2%
20 Jan 2024+29.0%
25 Jan 2024+42.3%
2 Feb 2024+42.4%
9 Feb 2024+13.6%
16 Feb 2024+18.4%
23 Feb 2024+25.8%
2 Mar 2024+29.0%
7 Mar 2024+21.7%
15 Mar 2024+10.0%
22 Mar 2024+20.7%
28 Mar 2024+13.1%
5 Apr 2024+7.1%
12 Apr 2024+15.5%
19 Apr 2024+18.7%
26 Apr 2024+8.4%
3 May 2024+20.0%
10 May 2024+1.3%
18 May 2024−18.4%
24 May 2024−15.7%
31 May 2024−23.3%
7 Jun 2024−15.4%
14 Jun 2024−3.4%
21 Jun 2024−8.8%
28 Jun 2024+7.5%
5 Jul 2024+12.3%
12 Jul 2024+7.6%
19 Jul 2024−0.2%
26 Jul 2024+8.1%
2 Aug 2024+36.2%
9 Aug 2024+52.0%
16 Aug 2024+77.4%
23 Aug 2024+81.5%
30 Aug 2024+94.1%
6 Sep 2024+98.0%
13 Sep 2024+85.4%
20 Sep 2024+85.7%
27 Sep 2024+64.7%
4 Oct 2024+52.6%
11 Oct 2024+74.3%
18 Oct 2024+73.6%
25 Oct 2024+68.1%
1 Nov 2024+30.6%
8 Nov 2024+23.1%
14 Nov 2024+39.5%
22 Nov 2024+26.1%
29 Nov 2024+36.4%
6 Dec 2024+37.1%
13 Dec 2024+26.0%
20 Dec 2024+16.8%
27 Dec 2024+14.9%
3 Jan 2025+19.8%
10 Jan 2025+7.5%
17 Jan 2025+3.2%
24 Jan 2025+6.5%
1 Feb 2025+2.9%
7 Feb 2025+7.9%
14 Feb 2025−18.4%
21 Feb 2025−16.2%
28 Feb 2025−24.2%
7 Mar 2025−18.0%
13 Mar 2025−18.5%
21 Mar 2025−10.1%
28 Mar 2025−6.9%
4 Apr 2025−8.5%
11 Apr 2025−15.6%
17 Apr 2025−10.0%
25 Apr 2025−14.4%
2 May 2025−17.1%
9 May 2025−20.4%
16 May 2025−16.1%
23 May 2025−10.1%
30 May 2025−4.2%
6 Jun 2025−7.4%
13 Jun 2025+9.3%
20 Jun 2025−5.7%
27 Jun 2025−10.3%
4 Jul 2025−10.8%
11 Jul 2025−5.0%
18 Jul 2025+5.9%
25 Jul 2025+7.3%
1 Aug 2025+6.2%
8 Aug 2025+4.5%
14 Aug 2025+18.3%
22 Aug 2025+24.5%
29 Aug 2025+16.7%
5 Sep 2025+12.1%
12 Sep 2025+19.4%
19 Sep 2025+26.8%
26 Sep 2025+17.9%
3 Oct 2025+28.7%
10 Oct 2025+33.0%
17 Oct 2025+12.7%
24 Oct 2025+12.9%
31 Oct 2025+22.1%
7 Nov 2025+31.2%
14 Nov 2025+28.2%
21 Nov 2025+14.3%
28 Nov 2025+24.8%
5 Dec 2025+15.3%
12 Dec 2025+0.0%
19 Dec 2025+0.8%
26 Dec 2025+3.1%
2 Jan 2026−3.5%
9 Jan 2026−9.9%
16 Jan 2026−9.6%
23 Jan 2026−14.0%
1 Feb 2026−16.8%
6 Feb 2026−26.7%
13 Feb 2026−24.1%
20 Feb 2026−21.6%
27 Feb 2026−20.3%
6 Mar 2026−18.9%
13 Mar 2026−17.7%
20 Mar 2026−15.3%
27 Mar 2026−7.1%
2 Apr 2026−10.8%
10 Apr 2026+4.9%
17 Apr 2026+7.9%
24 Apr 2026+9.6%
30 Apr 2026+12.1%
8 May 2026+40.8%
15 May 2026+31.8%
22 May 2026+35.3%
29 May 2026+32.1%
4 Jun 2026+29.4%
5 Jun 2026+35.8%
9 Jun 2026+38.1%
10 Jun 2026+32.5%
12 Jun 2026+36.2%
17 Jun 2026+11.4%
19 Jun 2026+12.7%
24 Jun 2026+24.4%
25 Jun 2026+19.8%
1 Jul 2026+2.9%
3 Jul 2026+10.8%
10 Jul 2026+13.8%
17 Jul 2026+4.9%
24 Jul 2026+8.0%
31 Jul 2026+8.8%
7 Aug 2026+28.0%
14 Aug 2026+33.2%
21 Aug 2026+31.4%
28 Aug 2026+34.7%
4 Sep 2026+30.2%
11 Sep 2026+31.3%
18 Sep 2026+28.5%
25 Sep 2026+19.6%
28 Sep 2026+19.9%
1 Oct 2026+16.6%
9 Oct 2026+19.6%
16 Oct 2026+9.0%
23 Oct 2026+8.0%
30 Oct 2026−6.1%
4 Nov 2026−8.9%
Each bar is one week, from 2016 to now (551 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +3,070% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Neuland Laboratories this quarter?

Two changes stood out: operating margin up 23 points on a year earlier and revenue up on a year earlier for 4 quarters in a row.

  1. Operating margin up 23 points on a year earlier

    35% in the June 2026 quarter, from 12%.

    Why: Margins rose because the company sold a different mix of products, with more higher-margin business.

    Next results: check if the product mix keeps margins up, since exchange-rate help may change.

    From the earnings call on 5 Aug 2026.

  2. Revenue up on a year earlier for 4 quarters in a row

    In the June 2026 quarter revenue was ₹642 crore, +119.1% on a year earlier.

    Why: Revenue rose because the custom manufacturing business supplied most sales, led by its top products.

    Next results: check whether new projects turn into orders and whether customers keep ordering steadily.

    From the earnings call on 5 Aug 2026.

What are Neuland Laboratories' latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Neuland Laboratories reported revenue of ₹642 crore, up 119.1% from ₹293 crore a year earlier, and a profit of ₹148 crore, up 957.1% from ₹14.0 crore.

Neuland Laboratories results: April to June 2026 against a year earlier

Neuland Laboratories results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹642 crore₹293 crore+119.1%
Profit₹148 crore₹14.0 crore+957.1%
Earnings per share₹115.10₹10.83+962.8%
Operating margin35.0%12.0%+23.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Neuland Laboratories' management discussed these results on a call held on 5 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Neuland Laboratories share price history?

Neuland Laboratories closed at ₹19,576.00 on 4 November 2026, up 9.7% from ₹17,837.00 a year earlier (7 November 2025) and up 1,059.3% over five years. Its highest weekly close since March 2016 was ₹23,536.20 on 11 September 2026.

Neuland Laboratories share price: then and now

Neuland Laboratories share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹19,701.10−0.6%
1 month ago · 1 Oct 2026₹21,496.30−8.9%
6 months ago · 8 May 2026₹17,666.00+10.8%
1 year ago · 7 Nov 2025₹17,837.00+9.7%
3 years ago · 3 Nov 2023₹3,866.50+406.3%
5 years ago · 4 Nov 2021₹1,688.65+1,059.3%
10 years ago · 4 Nov 2016₹989.85+1,877.7%
Earliest weekly close in our records · 11 Mar 2016₹617.55+3,069.9%
Highest weekly close since March 2016, also the 52-week high · 11 Sep 2026₹23,536.20−16.8%
Lowest weekly close since March 2016 · 27 Mar 2020₹261.40+7,388.9%
52-week low (weekly close) · 20 Mar 2026₹11,995.00+63.2%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Neuland Laboratories?

4 Nov 2026: Neuland Laboratories closed at ₹19,576.00, down 0.6% on the week and down 8.9% on the month. 5 Aug 2026: Neuland Laboratories held its results call for April to June 2026. Management guided: Long-term approximately 20% growth aspiration referenced for FY27 and FY28, without adopting a specific annual guide.

Earlier

  • 24 Jul 2026: ex-date for a dividend of ₹34 a share.
  • Results for April to June 2026: Revenue up 119.1% and profit up 957.1% on a year earlier.

What dividend does Neuland Laboratories pay?

Neuland Laboratories paid ₹34 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.17% at the ₹19,576.00 close on 4 November 2026. The last was a dividend of ₹34 a share, ex-date 24 July 2026.

Neuland Laboratories dividends since 1 April 2021

Neuland Laboratories dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
24 Jul 2026Dividend₹34Dividendsame day
18 Jul 2025Dividend₹12Dividendsame day
12 Jul 2024Dividend₹14Dividend—
11 Jul 2023Dividend₹10Dividend—
14 Jul 2022Dividend₹5Dividend15 Jul 2022
29 Jun 2021Dividend₹3Dividend—

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Neuland Laboratories Ltd paid out 12% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What did Neuland Laboratories management say on the latest results call?

On the call for April to June 2026, held on 5 August 2026, Neuland Laboratories' management guided: Long-term approximately 20% growth aspiration referenced for FY27 and FY28, without adopting a specific annual guide.

“Therefore, you may see higher EBITDA, but in terms of our plans and our long-term expectations, 25% plus is what we would be targeting, and anything above that is a bonus.”Saharsh Davuluri, CEO & MD, on the call for April to June 2026

What management guided

  • FY27 development revenue expected to increase; larger commercial contribution from additional molecules expected from FY28.
  • CMS commercialization of one additional molecule expected this year and one or two next year.
  • Peptide facility to be commissioned next month with manufacturing qualification; Module 1 expected fully occupied during the year and Module 2 activated if projects progress.
  • Forward capital spending expected much higher and qualitatively different.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 5 August 2026.

What to watch in Neuland Laboratories' next results?

When Neuland Laboratories reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Peptide facility commissioning and qualification - check initial-module loading and staged expansion progress in the next quarter.

Neuland Laboratories: what to watch next quarter
What to check (from the call)
Peptide facility commissioning and qualification - check initial-module loading and staged expansion progress in the next quarter.
CMS pipeline and order timing - check project conversion, broader molecule diversity and absence of abrupt destocking.
Margin profile - check whether mix and operating leverage continue supporting margins as exchange-rate benefits vary.

Which stock lists is Neuland Laboratories on?

Neuland Laboratories is on 3 of our India lists: Momentum stocks, Small & mid cap stocks and Pharma stocks.

Is Neuland Laboratories profitable?

Neuland Laboratories Ltd earned ₹148 Cr of net profit in the Jun 2026 quarter, +957.1% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹364 Cr. Over 10 years profit has grown 29.7% a year on average. That is 23.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹14.0 Cr.

For the full year, FY26 profit was ₹364 Cr (+40.0% on the year before).

FY26 profit ₹364 Cr (+40.0% on the year before), 29.7% a year over 10 years

  • Net profit ₹364
FY26 profit ₹364 Cr (+40.0% on the year before), 29.7% a year over 10 years
QuarterNet profit
FY16₹27
FY17₹47
FY18₹12
FY19₹16
FY20₹16
FY21₹81
FY22₹64
FY23₹164
FY24₹300
FY25₹260
FY26₹364

Growth on a year earlier

  • Growth on a year earlier 40%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1668.8%
FY1774.1%
FY18−74.5%
FY1933.3%
FY200%
FY21406.3%
FY22−21%
FY23156.3%
FY2482.9%
FY25−13.3%
FY2640%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹148 Cr (+957.1% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹148
Jun 2026: ₹148 Cr (+957.1% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023₹89
Dec 2023₹81
Mar 2024₹68
Jun 2024₹98
Sep 2024₹33
Dec 2024₹102
Mar 2025₹28
Jun 2025₹14
Sep 2025₹97
Dec 2025₹41
Mar 2026₹213
Jun 2026₹148

Growth on a year earlier

  • Growth on a year earlier 957.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023134.2%
Dec 2023161.3%
Mar 2024−20%
Jun 202458.1%
Sep 2024−62.9%
Dec 202425.9%
Mar 2025−58.8%
Jun 2025−85.7%
Sep 2025193.9%
Dec 2025−59.8%
Mar 2026660.7%
Jun 2026957.1%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +119.1% on a year earlier and the margin moved +23.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +438.0% and revenue +82.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Neuland Laboratories make, and is it growing?

Neuland Laboratories Ltd reported ₹642 Cr of revenue in the Jun 2026 quarter, +119.1% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 14.8% a year on average. The last full year, FY26, came in at ₹2,023 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,372 Cr.

FY26 revenue was ₹2,023 Cr, +37.0% on the year before.

FY26 revenue ₹2,023 Cr (+37.0% on the year before), 14.8% a year over 10 years

  • Revenue ₹2,023
FY26 revenue ₹2,023 Cr (+37.0% on the year before), 14.8% a year over 10 years
QuarterRevenue
FY16₹510
FY17₹579
FY18₹527
FY19₹667
FY20₹763
FY21₹937
FY22₹951
FY23₹1,191
FY24₹1,559
FY25₹1,477
FY26₹2,023

Growth on a year earlier

  • Growth on a year earlier 37%
Growth on a year earlier
QuarterGrowth on a year earlier
FY168.7%
FY1713.5%
FY18−9%
FY1926.6%
FY2014.4%
FY2122.8%
FY221.5%
FY2325.2%
FY2430.9%
FY25−5.3%
FY2637%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹642 Cr (+119.1% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹642
Jun 2026: ₹642 Cr (+119.1% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹418
Dec 2023₹393
Mar 2024₹385
Jun 2024₹440
Sep 2024₹311
Dec 2024₹398
Mar 2025₹328
Jun 2025₹293
Sep 2025₹514
Dec 2025₹440
Mar 2026₹776
Jun 2026₹642

Growth on a year earlier

  • Growth on a year earlier 119.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202342.2%
Dec 202346.1%
Mar 2024−5.4%
Jun 202421.2%
Sep 2024−25.6%
Dec 20241.3%
Mar 2025−14.8%
Jun 2025−33.4%
Sep 202565.3%
Dec 202510.6%
Mar 2026136.6%
Jun 2026119.1%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +82.9% on average, against 14.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +78.3%, against +20.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +181.9%, against +21.9% a year (accelerating).

How much of every ₹100 of sales does Neuland Laboratories keep?

Neuland Laboratories Ltd's operating margin was 35.0% in the Jun 2026 quarter, 23.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 9.0% and 30.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +23.0 percentage points on the year while gross margin changed +4.3 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 29.0%, within a range of 9.0% to 30.0% over 13 years

  • Operating margin 29.0%
FY26: 29.0%, within a range of 9.0% to 30.0% over 13 years
QuarterOperating margin
FY1415%
FY1514%
FY1616%
FY1718%
FY1810%
FY199%
FY2013%
FY2116%
FY2215%
FY2323%
FY2430%
FY2522%
FY2629%

Change on the year before (points)

  • Change on the year before (points) +7.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15−1.0 pts
FY16+2.0 pts
FY17+2.0 pts
FY18−8.0 pts
FY19−1.0 pts
FY20+4.0 pts
FY21+3.0 pts
FY22−1.0 pts
FY23+8.0 pts
FY24+7.0 pts
FY25−8.0 pts
FY26+7.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 35.0% (+23.0 points on a year earlier)

  • Operating margin 35.0%
Jun 2026: operating margin 35.0% (+23.0 points on a year earlier)
QuarterOperating margin
Sep 202333%
Dec 202331%
Mar 202428%
Jun 202428%
Sep 202420%
Dec 202422%
Mar 202516%
Jun 202512%
Sep 202530%
Dec 202518%
Mar 202640%
Jun 202635%

Change on a year earlier (points)

  • Change on a year earlier (points) +23.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023+11.0 pts
Mar 2024−1.0 pts
Jun 2024+1.0 pts
Sep 2024−13.0 pts
Dec 2024−9.0 pts
Mar 2025−12.0 pts
Jun 2025−16.0 pts
Sep 2025+10.0 pts
Dec 2025−4.0 pts
Mar 2026+24.0 pts
Jun 2026+23.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Neuland Laboratories' profit turning into cash?

Over the last 3 years, 100% of Neuland Laboratories Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹347 Cr of operating cash against ₹364 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹477 Cr of spending on assets, free cash was −₹130 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹347 Cr against profit ₹364 Cr; 100% of 3 years' profit came in as cash

  • Operating cash ₹347
  • Net profit ₹364
  • Free cash −₹130
FY26: operating cash ₹347 Cr against profit ₹364 Cr; 100% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹45₹27₹14
FY17₹39₹47–
FY18₹11₹12–
FY19₹70₹16−₹1
FY20₹57₹16−₹5
FY21₹189₹81₹93
FY22₹60₹64−₹43
FY23₹237₹164₹172
FY24₹261₹300₹130
FY25₹317₹260₹118
FY26₹347₹364−₹130
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures. FY17/FY18 was an acquisition year, so its point is cut off at the edge.

FY26: operating cash was 95% of profit (100% over three years)

  • Operating cash as % of profit 95%
  • Break-even line 100%
FY26: operating cash was 95% of profit (100% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16167%100%
FY1783%100%
FY1892%100%
FY19300%100%
FY20300%100%
FY21233%100%
FY2294%100%
FY23145%100%
FY2487%100%
FY25122%100%
FY2695%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 100% of profit came in as cash: the cash cycle got 50 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 3.7× depreciation over three years. The next section checks what that spending is building.

Where does Neuland Laboratories' cash go?

Neuland Laboratories Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 214 days in FY26, up from 164 days in FY21. It spent ₹807 Cr on assets over the last 3 years. Customers take 98 days to pay, and stock sits for 245 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,023 Cr, each day of that cycle ties up about ₹5.5 Cr, so roughly ₹1,186 Cr is tied up in the business at any time.

FY26: customers took 98 days to pay and stock sat for 245 days, about 8.1 months of sales sitting as stock, for a full cycle of 214 days, longer than FY21's 164.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 245 days. Customers pay about 98 days after that. Suppliers are paid at 129 days. Together that makes the 214-day cycle.

FY26: a 214-day cash cycle, +50 days compared with FY21

  • Cash cycle 214d
  • Inventory days 245d
  • Debtor days 98d
  • Payable days 129d
FY26: a 214-day cash cycle, +50 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1492d138d93d139d
FY15103d170d100d167d
FY16147d182d85d121d
FY17182d186d114d118d
FY18211d266d134d189d
FY19162d191d90d118d
FY20190d209d91d110d
FY21164d205d85d126d
FY22216d227d90d100d
FY23193d211d111d129d
FY24187d220d87d121d
FY25160d238d78d156d
FY26214d245d98d129d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹807 Cr over the last 3 years, against ₹218 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹211 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹477 Cr, work in progress ₹211 Cr, a build-out

  • Capex ₹477
  • Work-in-progress ₹211
FY26: capex ₹477 Cr, work in progress ₹211 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹31₹40
FY17₹326₹20
FY18₹137₹126
FY19₹71₹104
FY20₹62₹24
FY21₹96₹17
FY22₹103₹20
FY23₹65₹41
FY24₹131₹46
FY25₹199₹48
FY26₹477₹211
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Neuland Laboratories' P/E ratio, and how does it compare with its own history?

Neuland Laboratories Ltd's P/E is 50.5×, in the middle of its own history: higher than 68% of past readings. Its usual P/E (the middle reading) is 36.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 50.5× against a usual 36.0×: in the middle of its own history: higher than 68% of past readings

  • P/E 50.8×
  • Median 36.0×
P/E 50.5× against a usual 36.0×: in the middle of its own history: higher than 68% of past readings
WeekP/EMedian
11 Mar 201633.9×36.0×
1 Apr 201639.8×36.0×
22 Apr 201642.4×36.0×
13 May 201639.4×36.0×
3 Jun 201643.5×36.0×
24 Jun 201645.4×36.0×
15 Jul 201654.1×36.0×
5 Aug 201629.2×36.0×
26 Aug 201633.6×36.0×
16 Sep 201632.6×36.0×
7 Oct 201632.8×36.0×
30 Oct 201632.0×36.0×
18 Nov 201631.3×36.0×
9 Dec 201633.6×36.0×
30 Dec 201633.5×36.0×
20 Jan 201731.7×36.0×
10 Feb 201729.3×36.0×
3 Mar 201738.9×36.0×
24 Mar 201740.6×36.0×
13 Apr 201750.0×36.0×
5 May 201743.1×36.0×
26 May 201745.2×36.0×
16 Jun 201745.5×36.0×
7 Jul 201744.7×36.0×
28 Jul 201747.3×36.0×
18 Aug 201741.6×36.0×
8 Sep 201739.4×36.0×
29 Sep 201732.1×36.0×
19 Oct 201737.3×36.0×
10 Nov 201738.1×36.0×
1 Dec 201731.0×36.0×
22 Dec 201716.4×36.0×
12 Jan 201816.2×36.0×
2 Feb 201814.9×36.0×
23 Feb 201813.4×36.0×
16 Mar 201813.7×36.0×
6 Apr 201813.8×36.0×
27 Apr 201813.3×36.0×
18 May 201816.7×36.0×
8 Jun 201818.8×36.0×
29 Jun 201817.6×36.0×
20 Jul 201859.8×36.0×
10 Aug 201872.5×36.0×
31 Aug 201882.0×36.0×
21 Sep 201878.9×36.0×
12 Oct 201862.2×36.0×
2 Nov 201859.1×36.0×
22 Nov 201854.9×36.0×
14 Dec 201848.5×36.0×
4 Jan 201951.3×36.0×
25 Jan 201952.0×36.0×
15 Feb 201961.6×36.0×
8 Mar 201976.4×36.0×
29 Mar 201971.1×36.0×
18 Apr 201970.8×36.0×
10 May 201971.4×36.0×
31 May 201962.8×36.0×
21 Jun 201940.5×36.0×
12 Jul 201940.4×36.0×
2 Aug 201937.7×36.0×
23 Aug 201926.3×36.0×
13 Sep 201929.3×36.0×
4 Oct 201929.1×36.0×
27 Oct 201929.1×36.0×
15 Nov 201924.2×36.0×
6 Dec 201921.8×36.0×
27 Dec 201921.5×36.0×
17 Jan 202024.3×36.0×
7 Feb 202023.8×36.0×
28 Feb 202016.6×36.0×
20 Mar 202011.8×36.0×
9 Apr 202013.8×36.0×
30 Apr 202018.0×36.0×
22 May 202034.7×36.0×
12 Jun 202031.8×36.0×
3 Jul 202042.3×36.0×
24 Jul 202055.1×36.0×
14 Aug 202040.3×36.0×
4 Sep 202049.5×36.0×
25 Sep 202054.1×36.0×
16 Oct 202057.5×36.0×
6 Nov 202040.6×36.0×
27 Nov 202034.5×36.0×
18 Dec 202035.5×36.0×
8 Jan 202136.7×36.0×
29 Jan 202143.0×36.0×
19 Feb 202151.2×36.0×
12 Mar 202148.2×36.0×
1 Apr 202151.9×36.0×
23 Apr 202159.6×36.0×
14 May 202133.0×36.0×
4 Jun 202133.3×36.0×
25 Jun 202136.3×36.0×
16 Jul 202139.7×36.0×
6 Aug 202128.7×36.0×
27 Aug 202128.9×36.0×
17 Sep 202128.0×36.0×
8 Oct 202126.0×36.0×
29 Oct 202129.2×36.0×
18 Nov 202129.7×36.0×
10 Dec 202130.1×36.0×
31 Dec 202127.2×36.0×
21 Jan 202227.2×36.0×
11 Feb 202224.4×36.0×
4 Mar 202224.6×36.0×
25 Mar 202223.7×36.0×
13 Apr 202230.8×36.0×
6 May 202228.1×36.0×
27 May 202220.4×36.0×
17 Jun 202221.0×36.0×
8 Jul 202226.9×36.0×
29 Jul 202225.5×36.0×
19 Aug 202222.1×36.0×
9 Sep 202223.7×36.0×
30 Sep 202226.9×36.0×
21 Oct 202229.6×36.0×
11 Nov 202227.7×36.0×
2 Dec 202226.4×36.0×
23 Dec 202224.7×36.0×
13 Jan 202326.0×36.0×
3 Feb 202322.0×36.0×
24 Feb 202320.4×36.0×
17 Mar 202321.0×36.0×
6 Apr 202326.2×36.0×
28 Apr 202327.2×36.0×
19 May 202322.2×36.0×
9 Jun 202322.0×36.0×
30 Jun 202322.2×36.0×
21 Jul 202325.8×36.0×
11 Aug 202324.4×36.0×
1 Sep 202322.6×36.0×
22 Sep 202321.7×36.0×
13 Oct 202323.0×36.0×
3 Nov 202323.0×36.0×
24 Nov 202324.4×36.0×
15 Dec 202324.9×36.0×
5 Jan 202426.9×36.0×
25 Jan 202429.4×36.0×
16 Feb 202428.9×36.0×
7 Mar 202426.4×36.0×
28 Mar 202425.4×36.0×
19 Apr 202429.8×36.0×
10 May 202430.5×36.0×
31 May 202425.8×36.0×
21 Jun 202428.1×36.0×
12 Jul 202434.6×36.0×
2 Aug 202444.3×36.0×
23 Aug 202448.8×36.0×
13 Sep 202450.0×36.0×
4 Oct 202448.5×36.0×
25 Oct 202455.3×36.0×
14 Nov 202475.5×36.0×
6 Dec 202485.4×36.0×
27 Dec 202466.6×36.0×
17 Jan 202566.3×36.0×
7 Feb 202569.2×36.0×
28 Feb 202556.8×36.0×
21 Mar 202563.2×36.0×
11 Apr 202562.6×36.0×
2 May 202563.9×36.0×
23 May 202571.5×36.0×
13 Jun 202584.5×36.0×
4 Jul 202576.9×36.0×
25 Jul 2025101.4×36.0×
14 Aug 2025108.0×36.0×
5 Sep 2025108.0×36.0×
26 Sep 2025108.0×36.0×
17 Oct 2025108.0×36.0×
7 Nov 2025108.0×36.0×
28 Nov 2025108.0×36.0×
19 Dec 2025105.3×36.0×
9 Jan 202696.8×36.0×
1 Feb 202689.0×36.0×
20 Feb 202690.6×36.0×
13 Mar 202687.0×36.0×
2 Apr 202689.1×36.0×
24 Apr 2026103.2×36.0×
15 May 202658.4×36.0×
4 Jun 202659.4×36.0×
10 Jun 202659.7×36.0×
19 Jun 202661.1×36.0×
1 Jul 202666.2×36.0×
17 Jul 202665.5×36.0×
7 Aug 202658.9×36.0×
28 Aug 202659.9×36.0×
18 Sep 202659.0×36.0×
1 Oct 202655.4×36.0×
23 Oct 202648.8×36.0×
30 Oct 202650.8×36.0×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹388
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹18
22 Apr 2016₹18
13 May 2016₹18
3 Jun 2016₹18
24 Jun 2016₹18
15 Jul 2016₹18
5 Aug 2016₹18
26 Aug 2016₹18
16 Sep 2016₹18
7 Oct 2016₹31
30 Oct 2016₹31
18 Nov 2016₹31
9 Dec 2016₹31
30 Dec 2016₹31
20 Jan 2017₹31
10 Feb 2017₹31
3 Mar 2017₹31
24 Mar 2017₹31
13 Apr 2017₹31
5 May 2017₹31
26 May 2017₹31
16 Jun 2017₹31
7 Jul 2017₹31
28 Jul 2017₹31
18 Aug 2017₹31
8 Sep 2017₹31
29 Sep 2017₹31
19 Oct 2017₹31
10 Nov 2017₹31
1 Dec 2017₹31
22 Dec 2017₹53
12 Jan 2018₹53
2 Feb 2018₹53
23 Feb 2018₹53
16 Mar 2018₹53
6 Apr 2018₹53
27 Apr 2018₹53
18 May 2018₹53
8 Jun 2018₹53
29 Jun 2018₹37
20 Jul 2018₹37
10 Aug 2018₹37
31 Aug 2018₹37
21 Sep 2018₹10
12 Oct 2018₹10
2 Nov 2018₹10
22 Nov 2018₹10
14 Dec 2018₹10
4 Jan 2019₹10
25 Jan 2019₹10
15 Feb 2019₹10
8 Mar 2019₹10
29 Mar 2019₹10
18 Apr 2019₹10
10 May 2019₹10
31 May 2019₹10
21 Jun 2019₹13
12 Jul 2019₹13
2 Aug 2019₹13
23 Aug 2019₹13
13 Sep 2019₹13
4 Oct 2019₹17
27 Oct 2019₹17
15 Nov 2019₹17
6 Dec 2019₹17
27 Dec 2019₹20
17 Jan 2020₹20
7 Feb 2020₹20
28 Feb 2020₹20
20 Mar 2020₹25
9 Apr 2020₹25
30 Apr 2020₹25
22 May 2020₹25
12 Jun 2020₹25
3 Jul 2020₹13
24 Jul 2020₹13
14 Aug 2020₹13
4 Sep 2020₹13
25 Sep 2020₹20
16 Oct 2020₹20
6 Nov 2020₹20
27 Nov 2020₹20
18 Dec 2020₹30
8 Jan 2021₹30
29 Jan 2021₹30
19 Feb 2021₹30
12 Mar 2021₹30
1 Apr 2021₹42
23 Apr 2021₹42
14 May 2021₹42
4 Jun 2021₹42
25 Jun 2021₹55
16 Jul 2021₹55
6 Aug 2021₹55
27 Aug 2021₹55
17 Sep 2021₹58
8 Oct 2021₹58
29 Oct 2021₹58
18 Nov 2021₹58
10 Dec 2021₹58
31 Dec 2021₹57
21 Jan 2022₹57
11 Feb 2022₹57
4 Mar 2022₹57
25 Mar 2022₹46
13 Apr 2022₹46
6 May 2022₹46
27 May 2022₹46
17 Jun 2022₹50
8 Jul 2022₹50
29 Jul 2022₹50
19 Aug 2022₹50
9 Sep 2022₹50
30 Sep 2022₹51
21 Oct 2022₹51
11 Nov 2022₹51
2 Dec 2022₹51
23 Dec 2022₹65
13 Jan 2023₹65
3 Feb 2023₹65
24 Feb 2023₹65
17 Mar 2023₹65
6 Apr 2023₹79
28 Apr 2023₹79
19 May 2023₹79
9 Jun 2023₹79
30 Jun 2023₹128
21 Jul 2023₹128
11 Aug 2023₹128
1 Sep 2023₹128
22 Sep 2023₹168
13 Oct 2023₹168
3 Nov 2023₹168
24 Nov 2023₹168
15 Dec 2023₹168
5 Jan 2024₹207
25 Jan 2024₹207
16 Feb 2024₹207
7 Mar 2024₹207
28 Mar 2024₹247
19 Apr 2024₹247
10 May 2024₹247
31 May 2024₹247
21 Jun 2024₹234
12 Jul 2024₹234
2 Aug 2024₹234
23 Aug 2024₹234
13 Sep 2024₹234
4 Oct 2024₹250
25 Oct 2024₹250
14 Nov 2024₹250
6 Dec 2024₹250
27 Dec 2024₹206
17 Jan 2025₹206
7 Feb 2025₹206
28 Feb 2025₹206
21 Mar 2025₹187
11 Apr 2025₹187
2 May 2025₹187
23 May 2025₹187
13 Jun 2025₹187
4 Jul 2025₹156
25 Jul 2025₹156
14 Aug 2025₹156
5 Sep 2025₹156
26 Sep 2025₹103
17 Oct 2025₹103
7 Nov 2025₹103
28 Nov 2025₹103
19 Dec 2025₹153
9 Jan 2026₹153
1 Feb 2026₹153
20 Feb 2026₹153
13 Mar 2026₹153
2 Apr 2026₹140
24 Apr 2026₹140
15 May 2026₹140
4 Jun 2026₹140
10 Jun 2026₹140
19 Jun 2026₹284
1 Jul 2026₹284
17 Jul 2026₹284
7 Aug 2026₹284
28 Aug 2026₹284
18 Sep 2026₹284
1 Oct 2026₹388
23 Oct 2026₹388
30 Oct 2026₹388
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 108× are drawn at the top edge.

PEG 0.26: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.26×
  • PEG = 1.0 1.00×
PEG 0.26: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Q2 FY240.08×1.00×
Q3 FY240.10×1.00×
Q4 FY240.32×1.00×
Q1 FY250.51×1.00×
Q2 FY256.00×1.00×
Q4 FY261.06×1.00×
Q1 FY270.26×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 7 quarters; values above 6 are drawn at the top edge.
50.5×P/E · higher than 68% of its last 11 years
1.60PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved +39.9% while the price moved +9.7%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +63.2% a year; about +46.7% a year came from earnings growth and about +16.5 percentage points from the multiple (the market paying more); over 10 years the price moved +34.8% a year; about +28.9% a year came from earnings growth and about +5.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Neuland Laboratories business getting better or worse?

Neuland Laboratories Ltd's business is turning around. Profit growth has swung from −40.2% at its low to +181.9%, improving for 3 quarters in a row, with ROCE rising at 35.3%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +37.0% in FY26, profit +40.0%

  • Revenue growth 37.0%
Growth year by year: revenue +37.0% in FY26, profit +40.0%
QuarterRevenue growth
FY168.7%
FY1713.5%
FY18−9%
FY1926.6%
FY2014.4%
FY2122.8%
FY221.5%
FY2325.2%
FY2430.9%
FY25−5.3%
FY2637%

Profit growth, EPS growth

  • Profit growth 40%
  • EPS growth 39.9%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1668.8%71.2%
FY1774.1%71.5%
FY18−74.5%−74.3%
FY1933.3%−5.6%
FY200%−1.4%
FY21300%300%
FY22−21%−20.9%
FY23156.3%156.2%
FY2482.9%83.5%
FY25−13.3%−13.3%
FY2640%39.9%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 78.3%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Sep 202344.7%
Dec 202352%
Mar 202430.9%
Jun 202422.7%
Sep 20244.9%
Dec 2024−3%
Mar 2025−5.3%
Jun 2025−18.7%
Sep 20250.3%
Dec 20252.7%
Mar 202637%
Jun 202678.3%

Profit, EPS

  • Profit 181.9%
  • EPS 182.6%
Profit, EPS
QuarterProfitEPS
Sep 2023221.7%220.3%
Dec 2023213.9%214.7%
Mar 202482.9%83.5%
Jun 202455.6%56%
Sep 20244.9%5.1%
Dec 2024−5%−5.4%
Mar 2025−13%−13.3%
Jun 2025−47.3%−47.6%
Sep 2025−13.9%−14.1%
Dec 2025−40.2%−40.3%
Mar 202639.8%39.9%
Jun 2026181.9%182.6%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 35.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202331.8%
Dec 202337.5%
Mar 202432.6%
Jun 202436.4%
Sep 202427.7%
Dec 202429.3%
Mar 202522.7%
Jun 202515.6%
Sep 202519.2%
Dec 202515.1%
Mar 202626%
Jun 202635.3%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +78.3%, range −18.7% to +78.3%
RisingProfit growth · latest +181.9%, range −47.3% to +221.7%
RisingEPS growth · latest +182.6%, range −47.6% to +220.3%
RisingROCE · latest 35.3%, range 15.1% to 37.5%

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+37.0%+19.3%+16.6%+14.8%
Profit+40.0%+30.4%+35.1%+29.7%
EPS+39.9%+30.6%+35.2%+24.9%
Share price+9.7%+71.7%+63.2%+34.8%
+119.1%Revenue growth (Jun 2026) · latest quarter against a year ago
+957.1%Profit growth (Jun 2026) · latest quarter against a year ago
14.8%Revenue, 10 years · yearly growth over the long run

How much does Neuland Laboratories earn on its capital?

Neuland Laboratories Ltd earned a ROCE of 26% in FY26. That is up from a low of 4% in FY18. Its return on capital used (ROIC) is 10.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.0% net margin and 0.69× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 18.0% net margin × 0.69× asset turnover × 1.56× leverage (assets divided by equity) ≈ 19.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 22.6% − 12.0% = +10.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 22.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 20.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 26%, the climb back from FY18's 4%

  • ROCE 26%
  • ROIC (annual) 20.5%
  • Cost of capital 12%
FY26: ROCE 26%, the climb back from FY18's 4%
QuarterROCEROIC (annual)Cost of capital
FY1419%–12%
FY1516%–12%
FY1618%–12%
FY1716%–12%
FY184%–12%
FY194%–12%
FY208%–12%
FY2111%–12%
FY2210%7.3%12%
FY2321%16.3%12%
FY2433%25.5%12%
FY2519%14.6%12%
FY2626%20.5%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 22.0% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 22.0%
  • ROIC (12 months) 20.6%
  • Cost of capital 12.0%
Q4 FY26: ROCE 22.0% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2428.9%21%12%
Q3 FY24–25.5%12%
Q4 FY2428.7%30%12%
Q1 FY25–27.2%12%
Q2 FY2522.9%27.7%12%
Q3 FY25–21.8%12%
Q4 FY2515.5%18.6%12%
Q1 FY26–15.1%12%
Q2 FY2613.7%9.6%12%
Q3 FY26–13.5%12%
Q4 FY2622%11.5%12%
Q1 FY27–20.6%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Neuland Laboratories have too much debt?

Neuland Laboratories Ltd has total debt of ₹301 Cr against shareholder equity of ₹1,874 Cr as of Jun 2026, so its debt is 0.16× its equity, which is very little. Year by year, that ratio went from 0.29 in FY22 to 0.16 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹301 Cr, 0.16× equity

  • Total debt ₹301
FY26: debt ₹301 Cr, 0.16× equity
QuarterTotal debt
FY22₹241
FY23₹128
FY24₹95
FY25₹157
FY26₹301

Debt-to-equity

  • Debt-to-equity 0.16×
Debt-to-equity
QuarterDebt-to-equity
FY220.29×
FY230.13×
FY240.07×
FY250.10×
FY260.16×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹301 Cr, debt-to-equity 0.16

  • Total debt (quarterly) ₹301
Jun 2026: debt ₹301 Cr, debt-to-equity 0.16
QuarterTotal debt (quarterly)
Sep 2023₹101
Dec 2023₹101
Mar 2024₹95
Jun 2024₹95
Sep 2024₹109
Dec 2024₹109
Mar 2025₹157
Jun 2025₹157
Sep 2025₹265
Dec 2025₹265
Mar 2026₹301
Jun 2026₹301

Debt-to-equity

  • Debt-to-equity 0.16×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.09×
Dec 20230.09×
Mar 20240.07×
Jun 20240.07×
Sep 20240.08×
Dec 20240.08×
Mar 20250.10×
Jun 20250.10×
Sep 20250.16×
Dec 20250.16×
Mar 20260.16×
Jun 20260.16×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Neuland Laboratories shareholding pattern?

Domestic institutions raised their stake in Neuland Laboratories Ltd by 9.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 16.3% of the company. Foreign institutions moved −4.5 points over the same period, to 21.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +9.9 points over 8 quarters, to 16.3%; Foreign institutions: −4.5 points over 8 quarters, to 21.9%; Promoters: −0.4 points over 8 quarters, to 32.3%.

Why the owners changed: foreign institutions moved −4.5 points and domestic institutions +9.9 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: promoters −0.1 points from Mar 2024 to Mar 2026

  • Promoters 32.63%
  • Foreign inst. 20.46%
  • Domestic inst. 15.84%
  • Public 31.08%
Year ends: promoters −0.1 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202432.74%24.43%6.54%35.88%
Mar 202532.67%22.12%10.97%33.85%
Mar 202632.63%20.46%15.84%31.08%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 9.9 points over 8 quarters

  • Promoters 32.26%
  • Foreign inst. 21.93%
  • Domestic inst. 16.25%
  • Public 29.55%
Domestic institutions raised their stake by 9.9 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202335.97%21.57%6.99%35.08%
Dec 202332.8%22.69%6.02%38.1%
Mar 202432.74%24.43%6.54%35.88%
Jun 202432.72%25.72%6.39%34.77%
Sep 202432.64%26.46%6.38%34.12%
Dec 202432.68%23.86%9.09%33.96%
Mar 202532.67%22.12%10.97%33.85%
Jun 202532.67%21.69%11.57%33.67%
Sep 202532.64%20.6%13.55%32.8%
Dec 202532.63%20.9%14.72%31.76%
Mar 202632.63%20.46%15.84%31.08%
Jun 202632.62%21.08%16.52%29.79%
Sep 202632.26%21.93%16.25%29.55%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Neuland Laboratories from balance-sheet trouble?

For Neuland Laboratories Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Neuland Laboratories rank in its industry?

76.0 out of 100, rank 1 of 24 in Pharma - API & CRAMS, with 96% of the evidence available.

Neuland Laboratories Ltd scores 76.0 out of 100 against the 24 companies it is compared with in Pharma - API & CRAMS, ranking 1. Earnings are strong; relative strength in its sector is -7.8% and the one-year return is 19.6%.

The four parts add up to the total exactly: 32.3 + 22.9 + 14.1 + 6.7 = 76. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Neuland Laboratories compared with?

Neuland Laboratories ranks 1 of 24 Pharma - API & CRAMS companies on the 4-Factor Sector Score, with 76.0 out of 100.

  1. 1Neuland Laboratories Ltd this pageNEULANDLAB · leader · Most evidence points up · 96% evidence76.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 32.3/35 · Revenue 78.3% · Profit 100% · Operating margin change 23 points · 88% evidenceCapital efficiency 22.9/25 · ROCE 26.5% · Operating margin 35% · 100% evidenceValuation 14.1/20 · P/E 50.8× · PEG 1.04 · 100% evidenceRelative strength 6.7/20 · Lead over its industry -7.8% · Lead over NIFTY 500 20.3% · 1 year 19.6% · 100% evidence · 12 of 12 weeks aheadExact sum: 32.3 + 22.9 + 14.1 + 6.7 = 76 · What this means: Earnings are strong; relative strength in its sector is -7.8% and the one-year return is 19.6%.
  2. 2Acutaas Chemicals LtdACUTAAS · turning · Most evidence points up · 67% evidence73.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.3/35 · Revenue 45.4% · Profit 95.5% · Operating margin change 9 points · 95% evidenceCapital efficiency 20.3/25 · ROCE 31.6% · Operating margin 40% · 76% evidenceValuation 10.2/20 · P/E 74.6× · PEG — · 50% evidenceRelative strength 12.1/20 · Lead over its industry — · Lead over NIFTY 500 59.6% · 1 year 131.7% · 25% evidence · 2 of 9 weeks aheadExact sum: 31.3 + 20.3 + 10.2 + 12.1 = 73.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Laurus Labs LtdLAURUSLABS · leader · Most evidence points up · 93% evidence71.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.9/35 · Revenue 23% · Profit 95.3% · Operating margin change 10 points · 100% evidenceCapital efficiency 17.3/25 · ROCE 17.8% · Operating margin 34% · 100% evidenceValuation 5.8/20 · P/E 97× · PEG 2.98 · 65% evidenceRelative strength 17.0/20 · Lead over its industry 42.3% · Lead over NIFTY 500 82.8% · 1 year 152.2% · 100% evidence · 12 of 12 weeks aheadExact sum: 30.9 + 17.3 + 5.8 + 17 = 71 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  4. 4Gland Pharma LtdGLAND · leader · Most evidence points up · 96% evidence69.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.0/35 · Revenue 17.6% · Profit 46.4% · Operating margin change 3 points · 88% evidenceCapital efficiency 16.0/25 · ROCE 15.1% · Operating margin 27% · 100% evidenceValuation 12.1/20 · P/E 44.6× · PEG 1.45 · 100% evidenceRelative strength 16.8/20 · Lead over its industry 15.1% · Lead over NIFTY 500 49.3% · 1 year 60.5% · 100% evidence · 12 of 12 weeks aheadExact sum: 25 + 16 + 12.1 + 16.8 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5IOL Chemicals & Pharmaceuticals LtdIOLCP · leader · Most evidence points up · 100% evidence69.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.1/35 · Revenue 26.7% · Profit 75% · Operating margin change 4 points · 100% evidenceCapital efficiency 12.8/25 · ROCE 11.3% · Operating margin 14% · 100% evidenceValuation 13.9/20 · P/E 24.6× · PEG 0.66 · 100% evidenceRelative strength 13.9/20 · Lead over its industry 21.6% · Lead over NIFTY 500 53.8% · 1 year 92.1% · 100% evidence · 12 of 12 weeks aheadExact sum: 29.1 + 12.8 + 13.9 + 13.9 = 69.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Shilpa Medicare LtdSHILPAMED · leader · Most evidence points up · 89% evidence67.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.4/35 · Revenue 28% · Profit 100% · Operating margin change 1 points · 88% evidenceCapital efficiency 10.8/25 · ROCE 10.9% · Operating margin 29% · 100% evidenceValuation 9.9/20 · P/E 65.7× · PEG 1.73 · 65% evidenceRelative strength 19.9/20 · Lead over its industry 47.2% · Lead over NIFTY 500 84.2% · 1 year 170.8% · 100% evidence · 12 of 12 weeks aheadExact sum: 26.4 + 10.8 + 9.9 + 19.9 = 67 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Morepen Laboratories LtdMOREPENLAB · leader · Evidence leans up · 85% evidence62.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.8/35 · Revenue 30.1% · Profit 90.9% · Operating margin change 9 points · 100% evidenceCapital efficiency 9.3/25 · ROCE 8.1% · Operating margin 16% · 100% evidenceValuation 8.5/20 · P/E 32.9× · PEG 2.14 · 100% evidenceRelative strength 12.5/20 · Lead over its industry — · Lead over NIFTY 500 94.5% · 1 year 139% · 25% evidence · 12 of 12 weeks aheadExact sum: 31.8 + 9.3 + 8.5 + 12.5 = 62.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Divis Laboratories LtdDIVISLAB · leader · Evidence leans up · 96% evidence61.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.7/35 · Revenue 16.4% · Profit 26.8% · Operating margin change 11 points · 88% evidenceCapital efficiency 18.6/25 · ROCE 22% · Operating margin 41% · 100% evidenceValuation 2.6/20 · P/E 87.1× · PEG 3.45 · 100% evidenceRelative strength 15.5/20 · Lead over its industry 9.2% · Lead over NIFTY 500 43.1% · 1 year 45.1% · 100% evidence · 12 of 12 weeks aheadExact sum: 24.7 + 18.6 + 2.6 + 15.5 = 61.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  9. 9Granules India LtdGRANULES · turning · Evidence leans up · 96% evidence57.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 24.8% · Profit 38.1% · Operating margin change 3 points · 88% evidenceCapital efficiency 16.2/25 · ROCE 15.5% · Operating margin 23% · 100% evidenceValuation 10.2/20 · P/E 35.2× · PEG 1.29 · 100% evidenceRelative strength 6.7/20 · Lead over its industry -5.2% · Lead over NIFTY 500 24.2% · 1 year 48.5% · 100% evidence · 7 of 12 weeks aheadExact sum: 24.3 + 16.2 + 10.2 + 6.7 = 57.4 · What this means: Earnings are strong; relative strength in its sector is -5.2% and the one-year return is 48.5%.
  10. 10Sai Life Sciences LtdSAILIFE · leader · Evidence leans up · 89% evidence57.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.7/35 · Revenue 17.6% · Profit 48% · Operating margin change 3 points · 88% evidenceCapital efficiency 17.0/25 · ROCE 19.6% · Operating margin 27% · 100% evidenceValuation 4.8/20 · P/E 90× · PEG 3.63 · 65% evidenceRelative strength 13.8/20 · Lead over its industry 9.9% · Lead over NIFTY 500 42.9% · 1 year 69.6% · 100% evidence · 12 of 12 weeks aheadExact sum: 21.7 + 17 + 4.8 + 13.8 = 57.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  11. 11SMS Pharmaceuticals LtdSMSPHARMA · breaking out · Evidence leans up · 96% evidence55.8out of 100GrowthCapitalValuationRelative
  12. 12Blue Jet Healthcare LtdBLUEJET · quiet · Evidence leans up · 81% evidence52.7out of 100GrowthCapitalValuationRelative
  13. 13Solara Active Pharma Sciences LtdSOLARA · breaking out · Evidence leans down · 74% evidence49.5out of 100GrowthCapitalValuationRelative
  14. 14Windlas Biotech LtdWINDLAS · leader · Evidence leans down · 81% evidence47.6out of 100GrowthCapitalValuationRelative
  15. 15Anthem Biosciences LtdANTHEM · leader · Evidence leans down · 89% evidence46.7out of 100GrowthCapitalValuationRelative
  16. 16Piramal Pharma LtdPPLPHARMA · leader · Evidence leans down · 71% evidence44.6out of 100GrowthCapitalValuationRelative
  17. 17Supriya Lifescience LtdSUPRIYA · breaking out · Evidence leans down · 96% evidence43.7out of 100GrowthCapitalValuationRelative
  18. 18Concord Biotech LtdCONCORDBIO · quiet · Evidence leans down · 85% evidence40.8out of 100GrowthCapitalValuationRelative
  19. 19Jubilant Pharmova LtdJUBLPHARMA · turning · Most evidence points down · 86% evidence30.3out of 100GrowthCapitalValuationRelative
  20. 20Hikal LtdHIKAL · turning · Most evidence points down · 78% evidence29.7out of 100GrowthCapitalValuationRelative
  21. 21OneSource Specialty Pharma LtdONESOURCE · turning · Most evidence points down · 83% evidence29.2out of 100GrowthCapitalValuationRelative
  22. 22Syngene International LtdSYNGENE · turning · Most evidence points down · 100% evidence27.8out of 100GrowthCapitalValuationRelative
  23. 23Cohance Lifesciences LtdCOHANCE · breaking out · Most evidence points down · 78% evidence27.1out of 100GrowthCapitalValuationRelative
  24. 24Dishman Carbogen Amcis LtdDCAL · basing · Most evidence points down · 64% evidence27.0out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Pharma - API & CRAMS, all 24 compared on one page.

Which companies are close to Neuland Laboratories in size?

Neuland Laboratories is the 8th largest of 24 Pharma - API & CRAMS companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sai Life Sciences, Acutaas Chemicals and Piramal Pharma. Just below it: Granules India, Shilpa Medicare and OneSource Specialty Pharma.

Pharma - API & CRAMS companies close in size

  1. Sai Life Sciences Ltd ₹33,093 crore
  2. Acutaas Chemicals Ltd ₹32,778 crore
  3. Piramal Pharma Ltd ₹31,807 crore
  4. Neuland Laboratories Ltd ₹25,275 crore
  5. Granules India Ltd ₹22,907 crore
  6. Shilpa Medicare Ltd ₹18,690 crore
  7. OneSource Specialty Pharma Ltd ₹17,924 crore

All 24 Pharma - API & CRAMS companies, largest first

Companies close in size in other industries

  1. Piramal Enterprises Ltd(Merged) ₹25,483 crore · Diversified
  2. Cholamandalam Financial Holdings Ltd ₹25,374 crore · Finance - Holding Company
  3. Neuland Laboratories Ltd ₹25,275 crore
  4. Gabriel India Ltd ₹25,255 crore · Auto Ancillaries - Shock Absorber
  5. Dalmia Bharat Ltd ₹24,875 crore · Cement

What else do people ask about Neuland Laboratories?

What is Neuland Laboratories's share price today?

Neuland Laboratories Ltd's share price is ₹19,576.00, +9.7% over the past year. The whole company is worth ₹25,116 Cr on the market.

In the last 52 weeks it traded between ₹11,995 to ₹23,536; today it is 66% of the way up from the low, 5.8% above its 200-day average (as of 4 November 2026).

What were Neuland Laboratories's latest quarterly results?

Neuland Laboratories Ltd reported revenue of ₹642 Cr and net profit of ₹148 Cr for the Jun 2026 quarter. Revenue rose 119.1% and profit rose 957.1% compared with a year earlier. Earnings per share were ₹115.10.

The operating margin was 35.0%, 23.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Neuland Laboratories's market cap?

Neuland Laboratories Ltd's market capitalisation is ₹25,116 Cr at a share price of ₹19,576.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Neuland Laboratories performing?

Neuland Laboratories Ltd's share price has been rising for 25 weeks. In its latest quarter, revenue rose 119.1% and profit rose 957.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 4 November 2026).

Will Neuland Laboratories's share price go up?

This page does not forecast Neuland Laboratories Ltd's share price. What it shows instead: the share price is ₹19,576.00, and it has been rising for 25 weeks. Its P/E of 50.5× is higher than 68% of its own last 11 years (as of 4 November 2026).

Who owns Neuland Laboratories?

Promoters own 32.3% of Neuland Laboratories Ltd, foreign institutions 21.9%, domestic institutions 16.3% and the public 29.6% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 9.9 percentage points over 8 quarters (as of 4 November 2026).

Does Neuland Laboratories have too much debt?

No, Neuland Laboratories Ltd has little debt: its debt is 0.16× its equity, and its operating profit is 24 times its interest bill. FY26 borrowings were ₹301 Cr against equity of ₹1,875 Cr.

So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Neuland Laboratories in its business cycle?

Neuland Laboratories Ltd's FY26 operating margin was 29.0%, against a 13-year range of 9.0% to 30.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 35.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Neuland Laboratories story?

The main question: yearly earnings per share moved +39.9% while the share price moved +9.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Neuland Laboratories a stock worth studying right now?

What the numbers show: Neuland Laboratories Ltd's earnings have grown faster than its share price. Earnings per share grew +39.9% in a year while the price moved +9.7%. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Neuland Laboratories share price forecast for 2026?

What management itself guided: Long-term approximately 20% growth aspiration referenced for FY27 and FY28, without adopting a specific annual guide.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.