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    HALEOS LABS LIMITED

    Hyderabad-based manufacturer of Pharmaceutical APIs and intermediates (formerly SMS Lifesciences), serving generic and innovator customers globally from USFDA/PMDA/WHO-GMP accredited plants.

    Healthcare
    Healthcare

    Overview

    Price

    Market Cap

    ₹465 Cr

    Sector

    Healthcare

    Healthcare

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital33333333
    Reserves110123148161173194203212
    Borrowings5045628792827095
    Other Liabilities661019986808011894
    Total Liabilities229272312337348358394403
    AssetsFixed Assets9410199140138150226190
    CWIP232116091
    Investments262623232323023
    Other Assets106142169174181184159189
    Total Assets229272312337348358394403

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating271422-155152838
    Cash from Investing-43-13-6-7-28-14-14-49
    Cash from Financing18-2-81523-1-1411
    SummaryCapital Expenditure
    Free Cash Flow5114-30-24114-11
    FCF Margin

    Valuation

    Assumptions

    Current — HALEOSLABS
    Price
    ₹1,538
    EPS (TTM)
    ₹58.81
    PE (TTM)
    26.2
    Profit growth
    24.9%

    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 (19.9×) and current (26.2×) 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
    ₹1,538
    vs
    Fair value · 15% return
    ₹1,645
    7%Undervalued

    At 24.9% growth and a 20× exit, ₹1538 only delivers your return if you pay ₹1,645. The price is currently baking in 23% growth.

    EPS grows 24.9%/yr for 5 years, then fades to 6% over 2, exits at 20×.

    YearGrowthEPS (₹)
    FY2724.9%73.45
    FY2824.9%91.74
    FY2924.9%114.59
    FY3024.9%143.12
    FY3124.9%178.76
    FY3215.4% ·fade206.38
    FY336.0% ·fade218.76

    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.

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