524506
Coral Labs. financials
- Market cap
- ₹209 Cr
- Sector
- Healthcare
What Coral Labs. does
Coral Laboratories Limited is a pharmaceutical company that manufactures finished pharmaceutical products at two plants — one in Daman and one in Selaqui, Dehradun (Uttarakhand). The company continues to operate in a single reportable segment, pharmaceuticals, with no change in the nature of its business during FY25. Shareholders approved broadening the company's Memorandum of Association to also permit dealing in veterinary, aqua and herbal healthcare products, alongside its core human pharmaceutical formulations business.
Segments
- Pharmaceuticals
- Manufacturing plants
- 2 — Daman and Selaqui (Dehradun, Uttarakhand)
- Reportable business segments
- 1 (Pharmaceuticals)
Quarterly results
Q1 FY27: revenue up 57.4%, net profit up 110.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32 | 23 | 28 | 19 | 19 −41% | 22 −6% | 26 −6% | 30 +57% |
| EBITDA | 7 | 6 | 3 | 2 | 5 −24% | 2 −70% | 6 +130% | 5 +152% |
| Net profit | 6 | 6 | 3 | 3 | 6 −9% | 3 −55% | 5 +84% | 5 +111% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +12.1% 1Y
1Y: ₹521.8 on 10 Sept 2025 → ₹585. High ₹665.15 (19 Aug 2026), low ₹362.05 (27 Mar 2026).
Financials, as filed
Revenue grew 3.2% a year over 3 years, FY23 to FY26. Operating margin widened to 17.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹78 Cr | ₹84 Cr | ₹115 Cr | ₹86 Cr |
| Operating profit | ₹4 Cr | ₹16 Cr | ₹26 Cr | ₹15 Cr |
| Operating margin | 4.9% | 19.4% | 22.8% | 17.7% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹6 Cr | ₹16 Cr | ₹24 Cr | ₹16 Cr |
| Net margin | 8.3% | 18.9% | 21.0% | 19.1% |
| Cash from operations | ₹13 Cr | ₹-5 Cr | ₹-1 Cr | ₹16 Cr |
| Free cash flow | ₹11 Cr | ₹-6 Cr | ₹-4 Cr | ₹-5 Cr |
| ROCE | 5.0% | 13.0% | 17.0% | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹133 Cr | ₹152 Cr | ₹151 Cr | ₹174 Cr | ₹210 Cr | ₹206 Cr |
| Borrowings | ₹6 Cr | ₹6 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹4 Cr |
| Other liabilities | ₹25 Cr | ₹28 Cr | ₹20 Cr | ₹28 Cr | ₹19 Cr | ₹27 Cr |
| Total liabilities | ₹168 Cr | ₹190 Cr | ₹174 Cr | ₹206 Cr | ₹233 Cr | ₹241 Cr |
| Fixed assets | ₹21 Cr | ₹24 Cr | ₹25 Cr | ₹24 Cr | ₹24 Cr | ₹44 Cr |
| Capital work in progress | ₹0 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹14 Cr | ₹0 Cr |
| Investments | ₹33 Cr | ₹46 Cr | ₹41 Cr | ₹50 Cr | ₹57 Cr | ₹46 Cr |
| Other assets | ₹112 Cr | ₹118 Cr | ₹108 Cr | ₹132 Cr | ₹138 Cr | ₹150 Cr |
| Total assets | ₹168 Cr | ₹190 Cr | ₹174 Cr | ₹206 Cr | ₹233 Cr | ₹241 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 3,873.
- Promoters
- 71.5%
- Public
- 28.5%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 71.5%, FIIs 0.1%, Public 28.3%.Dec '23: Promoters 71.5%, FIIs 0.1%, Public 28.4%.Mar '24: Promoters 71.5%, FIIs 0.1%, Public 28.4%.Jun '24: Promoters 71.5%, FIIs 0.2%, Public 28.3%.Sep '24: Promoters 71.5%, Public 28.5%.Dec '24: Promoters 71.5%, Public 28.5%.Mar '25: Promoters 71.5%, Public 28.5%.Jun '25: Promoters 71.5%, Public 28.5%.Sep '25: Promoters 71.5%, Public 28.5%.Dec '25: Promoters 71.5%, Public 28.5%.Mar '26: Promoters 71.5%, Public 28.5%.Jun '26: Promoters 71.5%, Public 28.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Investor Education And Protection Fund Authority Ministry Of Corporate Affairs newly disclosed 2.64% held
- Manav Chetan Doshi newly disclosed 0.00% held
- Meera Chetan Doshi newly disclosed 0.00% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Coral Labs. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Chetan Navinchandra Doshi | 51.54% | unchanged |
| Coral India Finance and Housing Limited | 19.97% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.64% | newly disclosed |
| Meeta Samir Sheth | 1.84% | unchanged |
| Pooja Bhagwandas | 1.83% | unchanged |
| Neelam Mittal | 1.14% | unchanged |
| Noetic Finance Private Limited | 1.06% | unchanged |
| Manav Chetan Doshi | 0.00% | newly disclosed |
| Meera Chetan Doshi | 0.00% | newly disclosed |
| Kundan Navinchandra Doshi | 0.00% | unchanged |
| Navinchandra Bachubhai Doshi | 0.00% | unchanged |
| Iepf | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹585, this stock must grow earnings at 9% every year for 7 years. Our analysis caps realistic growth at ~36%. At that growth it is worth ₹2401 — upside of 310%.
- Growth the price implies
- 8.6% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 36.4% a year
- net profit, FY23–FY26 · EPS 36.4%
- The gap
- -0.3 pp
- 310% downside if it only repeats history
Learn to analyse Coral Labs.
Guides on how to read this kind of business and the numbers that matter.