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Neuland Laboratories Ltd.
(NEULANDLAB)
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Rating:66Neutral
Price Target:
₹24,671.00
▲(32.85% Upside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by solid fundamentals (strong profitability and a conservatively leveraged balance sheet), but is held back by weaker cash flow quality (negative FY2026 free cash flow) and a demanding valuation (high P/E with minimal dividend support). Technically, momentum is strong, though overbought indicators suggest elevated short-term pullback risk.
Positive Factors
Strong Revenue and Earnings Growth
Strong revenue and earnings growth indicate expanding demand for Neuland’s API and custom manufacturing services, supporting scale benefits and reinforcing its position with global pharmaceutical customers over the medium term.
Negative Factors
Negative Free Cash Flow
Negative free cash flow reduces near-term financial flexibility despite strong reported profits. If driven by sustained investment or working-capital needs, it could increase reliance on internal execution and constrain the pace of future capacity expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue and Earnings Growth
Strong revenue and earnings growth indicate expanding demand for Neuland’s API and custom manufacturing services, supporting scale benefits and reinforcing its position with global pharmaceutical customers over the medium term.
Read all positive factors
Neuland Laboratories Ltd. (NEULANDLAB) vs. iShares MSCI India ETF (INDA)
Market Cap
₹305.40B
Dividend Yield0.14%
Average Volume (3M)5.30K
Price to Earnings (P/E)60.7
Beta (1Y)1.25
Revenue Growth78.33%
EPS Growth182.61%
CountryIN
Employees1,643
SectorGeneral
Sector StrengthN/A
IndustryDrug Manufacturers - Specialty & Generic
Share Statistics
EPS (TTM)387.97
Shares Outstanding12,829,889
10 Day Avg. Volume2,074
30 Day Avg. Volume5,297
Financial Highlights & Ratios
PEG Ratio1.06
Price to Book (P/B)8.23
Price to Sales (P/S)7.63
P/FCF Ratio-262.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)326.8
Revenue Forecast (FY)₹24.37B
Neuland Laboratories Ltd. Business Overview & Revenue Model
Company Description
Neuland Laboratories Ltd. operates as a global developer and supplier of active pharmaceutical ingredients (APIs), distributing its products across India, Europe, the United States, and other international markets. These APIs are crucial component...
How the Company Makes Money
Neuland Laboratories primarily makes money by selling pharmaceutical APIs and by providing contract development and manufacturing services tied to APIs and advanced intermediates.
1) API / bulk drug sales (product-driven revenue): The company man...
Neuland Laboratories Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 23.72B | 20.23B | 14.34B | 15.16B | 11.61B | 9.23B |
| Gross Profit | 11.85B | 6.43B | 6.84B | 7.82B | 5.47B | 3.70B |
| EBITDA | 7.94B | 6.05B | 4.18B | 4.72B | 2.79B | 1.41B |
| Net Income | 4.98B | 3.64B | 2.60B | 3.00B | 1.64B | 638.22M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 29.30B | 21.80B | 18.33B | 15.80B | 13.83B |
| Cash, Cash Equivalents and Short-Term Investments | 766.70M | 3.55B | 3.67B | 1.03B | 454.16M | 84.68M |
| Total Debt | 0.00 | 3.01B | 1.57B | 953.90M | 1.28B | 2.41B |
| Total Liabilities | -18.74B | 10.56B | 6.55B | 5.50B | 5.86B | 5.43B |
| Stockholders Equity | 18.74B | 18.74B | 15.25B | 12.83B | 9.94B | 8.41B |
Cash Flow | ||||||
| Free Cash Flow | -2.07B | -588.87M | 1.11B | 1.18B | 1.71B | -372.97M |
| Operating Cash Flow | -367.47M | 3.38B | 3.17B | 2.61B | 2.37B | 603.89M |
| Investing Cash Flow | -521.95M | -4.32B | -2.98B | -1.50B | -614.99M | -955.16M |
| Financing Cash Flow | -19.30M | 380.18M | 249.61M | -692.82M | -1.36B | 377.21M |
Neuland Laboratories Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹170.88B | 28.23 | ― | 0.36% | 7.93% | 21.51% | |
68 Neutral | ₹2.50T | 84.58 | ― | 0.32% | 16.35% | 26.84% | |
66 Neutral | ₹305.40B | 60.66 | ― | 0.14% | 78.33% | 182.61% | |
64 Neutral | ₹960.31B | 26.25 | ― | 0.24% | 9.09% | 9.61% | |
64 Neutral | ₹223.39B | 33.60 | ― | 0.19% | 24.83% | 36.88% | |
60 Neutral | ₹1.05T | 97.23 | ― | 0.10% | 22.62% | 114.66% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
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Neuland Laboratories Ltd. Corporate Events
Neuland Laboratories Publishes Q1 FY27 Results in Leading Dailies
Aug 6, 2026
Neuland Laboratories Ltd., a listed Indian pharmaceutical company specializing in active pharmaceutical ingredients, serves global generics and innovator firms in regulated markets. It maintains listings on BSE and NSE and follows Indian securitie...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.