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Morepen Laboratories Ltd share price logo

Morepen Laboratories Ltd

(MOREPENLAB)

₹93.630.44%

as on 04:01PM, 13 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹93.25
    ₹96.1
  • 52 Week's Low

    52 Week's High

    ₹31.3
    ₹100.9
1 Month Return+ 59.75 %
3 Month Return+ 66.84 %
1 Year Return+ 150.01 %
Previous Close₹94.04
Open₹94.42
Volume1.04Cr
Upper Circuit-
Lower Circuit-
Market Cap₹5,152.96Cr

Key Statistics

P/E Ratio40.71
PEG Ratio29.71
Market Cap₹5,152.96 Cr
P/B Ratio2.42
EPS1.89
Dividend Yield0
SectorPharmaceuticals
ROE13.29

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹5,152.96 Cr82.61%0.53₹96 Cr₹1,690 Cr
HOLD₹28,529.52 Cr36.21%0.53₹1,388 Cr₹3,998 Cr
NA₹201.49 Cr107.8%0.75NANA
NA₹1,089.43 Cr35.92%0.51NANA
NA₹853.21 Cr43.43%0.78₹47 Cr₹1,207 Cr

Company Information

Morepen Laboratories Limited is a pharmaceutical company based in India that develops and markets formulation products in numerous therapeutic categories, such as antibiotics, gastrointestinal, respiratory, analgesic, antiallergic, and neuropsychiatry. Their products include Loratadine Montelukast Sodium, Atorvastatin Calcium and Sultamicillin, along with new entries such as Kilbac Ducal, D Aclomore and Montelast-L. It currently has three state-of-the-art manufacturing plants in Himachal Pradesh, India, with the main plant in Parwanoo being USFDA-approved for Loratadine production. The company was established in 1984 and since then has filed 14 patents, including an international one on a new amorphous form of Lipitor Atorvastatin. Expansion plans from 1992-1993 saw the installation of bulk drugs from 162 MT to 245 MT and the launch of two new molecules – Ketrolac, Tromethamine and Omeprazole. In 1995-1996, the company increased bulk drug installation from 305 MT to 469 MT and launched Loratadine and Cisapride. The year 1996-1997 saw the commencement of their own formulation unit, while they filed an international patent on a new amorphous form of Atorvastatin, world’s largest selling drug in 2000-2001. In 2001-2002, their drug and drug intermediate installation reached 1251 MT, with the launch of a number of contemporary lifestyle and self-medication products. Their joint venture with DiaMed AG of Switzerland was among the highlights of the year 2004-2005, while 2006-2007 saw them acquire fifty new prospective customers in Korea, Japan and Taiwan. The year 2007-2008 was marked by the company making tie-ups with several new business segments, along with marketing alliances with global players such as Immucor USA, Teco Medical Instruments, and In-Tech, INC.

Share Price: ₹93.63 per share as on 13 Sep, 2024 04:01 PM
Market Capitalisation: ₹5,152.96Cr as of today
Revenue: ₹455.22Cr as on June 2024 (Q2 24)
Net Profit: ₹36.17Cr as on June 2024 (Q2 24)
Listing date: 15 May, 1995
Chairperson Name: Sushil Suri
OrganisationMorepen Laboratories Ltd
HeadquartersGurgaon
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Key events for Morepen Laboratories Ltd

  • Morepen Labs Shares Surge to New Highs - 04 Sep, 2024

    Morepen Laboratories Ltd shares soared 12.45% to a 52-week high of Rs 92.43, driven by a 56% rally in a month following a successful QIP. Major investors like Bank of America and Samsung participated, boosting optimism in the healthcare devices sector. The stock is currently overbought, with technical resistance at Rs 92.5 and support at Rs 86.

  • Morepen Labs Achieves Record High Amid Strong Earnings - 22 Aug, 2024

    Morepen Laboratories reported a 13.51% increase in net sales and a 147% rise in PAT for Q1 FY25. The stock surged to a 52-week high, reflecting strong performance and investor confidence.

  • Morepen Laboratories Projects Growth in Medical Devices - 13 Aug, 2024

    Sushil Suri, CMD of Morepen Laboratories, anticipates that medical devices will grow to 40-45% of total sales in three years, up from 30% currently. The company's market capitalization stands at Rs 3,243.89 crore.

  • Morepen Labs Reports Strong Q1 Performance - 12 Aug, 2024

    Morepen Laboratories' stock surged following a strong Q1 FY25 report, showing a 147% increase in net profit and a successful Rs 200 crore QIP. The medical devices segment grew by 20%, indicating robust growth potential.

  • Morepen Laboratories Raises Rs 200 Crore via QIP - 07 Aug, 2024

    Morepen Laboratories successfully raised Rs 200 crore through a Qualified Institutional Placement, oversubscribed 1.68 times, with strong institutional backing. The funds will enhance growth and manufacturing capabilities.

  • Morepen Laboratories Sees Growth After QIP Success - 06 Aug, 2024

    Morepen Laboratories Limited raised Rs. 200 Crores through a successful Qualified Institutional Placement, subscribed 1.68 times. Revenue grew 16.33% YoY, with profits increasing from Rs. 8 Crores to Rs. 29 Crores. The company reported a strong ROE of 12% and a low debt-to-equity ratio of 0.03.

Insights on Morepen Laboratories Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 28.28 Cr → 36.17 Cr (in ₹), with an average increase of 21.8% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MOREPENLAB has outperformed top 5 stocks with highest market-cap in Pharmaceuticals

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, MOREPENLAB stock has moved up by 59.8%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 427.32 Cr → 458.64 Cr (in ₹), with an average increase of 6.8% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.67% to 7.72% in Aug 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 137.2% return, outperforming this stock by 82.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 57.95% to 53.72% in Aug 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 38.22% to 35.65% in Aug 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹401.04Cr (-)₹421.77Cr (↑5.17%)₹444.55Cr (↑5.40%)₹423.07Cr (↓4.83%)₹455.22Cr (↑7.60%)
Net Income₹14.63Cr (-)₹21.26Cr (↑45.32%)₹31.99Cr (↑50.47%)₹28.74Cr (↓10.16%)₹36.17Cr (↑25.85%)
Net Profit Margin3.65% (-)5.04% (↑38.08%)7.20% (↑42.86%)6.79% (↓5.69%)7.95% (↑17.08%)
Value in ₹ crore
Details2021202220232024
Total Assets₹847.51Cr (-)₹1,042.45Cr (↑23.00%)₹1,115.11Cr (↑6.97%)₹1,289.69Cr (↑15.66%)
Total Liabilities₹402.54Cr (-)₹444.28Cr (↑10.37%)₹334.99Cr (↓24.60%)₹400.66Cr (↑19.60%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹10.86Cr (-)₹49.31Cr (↑354.05%)-₹68.87Cr (↓239.67%)-₹102.12Cr (↑48.28%)₹77.36Cr (↓175.75%)

Index Inclusions

BSE Healthcare

₹44,309.16

0.05 (22.52%)

BSE Small-Cap

₹57,128.04

0.95 (538.11%)

S&P BSE AllCap

₹11,052.65

0.16 (17.17%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
35.65%
-6.71
Foreign Institutions
7.72%
362.57
Mutual Funds
0%
-22.22
Retail Investors
53.72%
-7.31
Others
2.91%
34.83

Key Indicators

Details20202021202220232024
Return On Assets %5.0711.469.753.477.46
Details20202021202220232024
Book Value Per Share (₹)6.328.4711.5614.7316.58
Details20202021202220232024
Earning Per Share (₹)0.752.162.130.761.89
Details20202021202220232024
Return On Equity %9.8624.4319.386.7113.29

Morepen Laboratories Ltd Valuation

Morepen Laboratories Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.48x)

March 23, 2020

Today (40.71x)

September 13, 2024

Industry (58.76x)

September 13, 2024

Highest (64.70x)

January 22, 2018

LowHigh

Earnings and Dividends

  • Morepen Laboratories Ltd Earnings Results

    Morepen Laboratories Ltd’s net profit jumped 147.23% since last year same period to ₹36.17Cr in the Q1 2024-2025. On a quarterly growth basis, Morepen Laboratories Ltd has generated 27.9% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Morepen Laboratories Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Morepen Laboratories Ltd (MOREPENLAB) share price today is ₹93.63

Morepen Laboratories Ltd is listed on NSE

Morepen Laboratories Ltd is listed on BSE

  • Today’s highest price of Morepen Laboratories Ltd is ₹96.1.
  • Today’s lowest price of Morepen Laboratories Ltd is ₹93.25.

PE Ratio of Morepen Laboratories Ltd is 40.71

PE ratio = Morepen Laboratories Ltd Market price per share / Morepen Laboratories Ltd Earnings per share

Today’s traded volume of Morepen Laboratories Ltd(MOREPENLAB) is 1.04Cr.

Today’s market capitalisation of Morepen Laboratories Ltd(MOREPENLAB) is ₹5152.96Cr.

Morepen Laboratories Ltd(MOREPENLABPrice
52 Week High
₹100.9
52 Week Low
₹31.3

Morepen Laboratories Ltd(MOREPENLAB) share price is ₹93.63. It is down -7.21% from its 52 Week High price of ₹100.9

Morepen Laboratories Ltd(MOREPENLAB) share price is ₹93.63. It is up 199.14% from its 52 Week Low price of ₹31.3

Morepen Laboratories Ltd(MOREPENLABReturns
1 Day Returns
-0.41%
1 Month Returns
59.75%
3 Month Returns
66.84%
1 Year Returns
150.01%