Neuland Laboratories Ltd
Neuland Laboratories Ltd (NEULANDLAB)

Neuland Laboratories Ltd (NEULANDLAB)

₹1019.81.21%

Key Stats

₹1015
Day's Price Range
₹1037.4
₹994.55
52-Week Price Range
₹2309
1 Month Return-24.11 %
3 Month Return-9.26 %
1 Year Return-53.19 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 33
20.75
EPS
Rank 7
₹49.74
BVPS
Rank 1
₹608.98
Dividend Yield
Rank 34
0.24%
ROE
Rank 75
9.49%
Price To Book Ratio
Rank 19
1.69
Debt To Asset
Rank 45
0.41

Company Information

Set up in 1984 as a private limited company to manufacture bulk drugs Neuland Laboratories NLL is promoted by D R Rao. Neuland Drugs Pharmaceuticals Pvt Ltd a company set up by the same promoters to manufacture bulk drugs was merged with NLL with effect from Apr.92. NLL manufactures bulk drugs such as salbutamol sulphate terbutaline sulphate labetalol hydrochloride and ciprofloxacin. It came out with its initial public offering in Apr.94 at a premium of Rs 35 aggregating Rs 5.69 cr to partfinance the capacity expansion to manufacture bulk drugs and to diversify its productmix. The cost of the project as estimated by ICICI was Rs 15.7 cr.NLLs products are exported to more than 35 countries including Germany Italy Switzerland the UK and the Netherlands. The company is also negotiating with multinational companies for tying up supplies of Ranitidine Hydrochloride Form I and Salbutamol Sulphate.During the year 19992000 the company introduced Itraconazole an antifungal drug and Ipratropium Bromide an antiasthmatic drug and the R D has developed a process for manufacture of Oflaxacin for Regulatory Markets. The Pashamylaram unit has received USFDA approval for manufacturing of Rantidine Hydrochloride Form.Mirtrazapine an antidepressive drug and Ramipril a cardiovascular drug were introduced during the year 2001.The installed capacities of Ciprofloxacin and Ranitidine were increased with Rs.650 lacs financial assisitance from IDBI.The company is closely working with several companies in Europe and North America for supply of active pharmaceutical ingredients and intermediates.
OrganisationNeuland Laboratories Ltd
HeadquartersHyderabad
IndustryPharmaceuticals