Skip to content

    Divi's Laboratories Limited

    Among the world's top 3 Active Pharmaceutical Ingredient (API) manufacturers, serving 100+ countries

    Healthcare
    Healthcare
    View DIVISLAB earnings calls
    ₹6,743
    +3.09% from avg

    Overview

    Price

    ₹6,743

    Market Cap

    ₹2.0L Cr

    Sector

    Healthcare

    Healthcare

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital5353535353535353
    Reserves7.3k9.2k11.6k12.7k13.4k14.8k15.4k16.7k
    Borrowings3400002900
    Other Liabilities1.2k1.5k1.6k1.6k1.9k1.9k2.6k3.2k
    Total Liabilities8.5k10.7k13.3k14.4k15.4k16.8k18.2k20.0k
    AssetsFixed Assets2.8k3.7k4.3k4.7k4.7k5.4k5.7k6.5k
    CWIP9207114702127781.0k2.0k2.1k
    Investments9797798489726776
    Other Assets3.8k6.3k8.4k9.3k9.8k10.3k10.4k11.2k
    Total Assets8.5k10.7k13.3k14.4k15.4k16.8k18.2k20.0k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating9641.2k1.9k1.9k2.4k1.3k1.6k2.7k
    Cash from Investing-684-8175-2.2k-2.7k-268-803-2.2k
    Cash from Financing-246-1.1k-34-532-796-798-797-802
    SummaryCapital Expenditure
    Free Cash Flow231261.0k1.2k2.0k264213195
    FCF Margin

    Valuation

    Assumptions

    Current — DIVISLAB
    Price
    ₹6,743
    EPS (TTM)
    ₹98.21
    PE (TTM)
    68.7
    Profit growth
    12.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (69.4×) and current (68.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹6,743
    vs
    Fair value · 15% return
    ₹5,369
    20%Overvalued

    At 12.7% growth and a 69× exit, ₹6743 only delivers your return if you pay ₹5,369. The price is currently baking in 17% growth.

    EPS grows 12.7%/yr for 5 years, then fades to 6% over 2, exits at 69×.

    YearGrowthEPS (₹)
    FY2712.7%110.68
    FY2812.7%124.74
    FY2912.7%140.58
    FY3012.7%158.44
    FY3112.7%178.56
    FY329.3% ·fade195.25
    FY336.0% ·fade206.97

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Divi's Laboratories Limited

    Guides on how to read this kind of business and the numbers that matter.