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Lupin Limited (LUPIN.NS)

INR2,493.00 +23.80 (+0.96%)
IN NSE Healthcare Drug Manufacturers - Specialty & Generic
Address Kalpataru Inspire 400055
Mumbai, IN
CEO Vinita D. Gupta
Website lupin.com
IPO 2001-09-10
ISIN INE326A01037

Explore sections of this company profile

Also trades on Bombay Stock Exchange · LUPIN.BO (INR) National Stock Exchange of India · LUPIN.NS (INR)
Description

Lupin Limited is a pharmaceutical firm dedicated to the creation, manufacturing, commercialization, and distribution of a wide array of branded and generic medications, biotechnology items, and active pharmaceutical ingredients (APIs). Its comprehensive product portfolio addresses diverse therapeutic categories, including cardiovascular health, diabetes management, asthma, pediatric care, central nervous system disorders, gastrointestinal issues, anti-infectives, nonsteroidal anti-inflammatory drug (NSAID) therapy, respiratory ailments, women's health, and anti-tuberculosis treatments. Beyond its primary offerings, Lupin also supplies biosimilars and over-the-counter (OTC) medicines, alongside specialized pharmaceutical products. The company actively pursues drug discovery and development initiatives focused on oncology, immunology, and metabolic disorders, complementing these efforts with bio-clinical research. Lupin Limited maintains an extensive operational network comprising 18 laboratories, 280 LupiMitra collection centers, and 450 pick-up points. Its global presence extends across numerous countries, such as India, the United States, the United Kingdom, South Africa, Australia, the Philippines, Germany, the Netherlands, Mexico, and Brazil. Originally named Lupin Chemicals Limited, the company adopted its current identity, Lupin Limited, in 2001 following its merger with Lupin Laboratories Limited. Established in 1968, Lupin Limited is based in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR2,493.00 +23.80 (+0.96%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.19
Float Shares
242.15M
Free Float %
53.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.74% -7.42% -2.62% +2.79% +11.74% +7.74% +11.42% +193.78% +87.48% +40.60% +28,097.27%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,493.00
DCF (Unlevered) 4,003.67 +60.6%
DCF (Levered) 6,827.45 +173.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 69% Bullish
Rating 2026-05 Change
Strong Buy 10 0
Buy 15 -1
Hold 7 -1
Sell 2 0
Strong Sell 2 0
Quality scores
Altman Z-Score
5.59
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - Specialty & Generic: +6.8%
    +23.1% Q1'26: +31.9% (vs Q1'25)
  • EPS growth Drug Manufacturers - Specialty & Generic: +16.5%
    +62.4% Q1'26: +89.0% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - Specialty & Generic: +32.3%
    +20.0% Q1'26: +31.2% (vs Q1'25)
  • EBIT margin Drug Manufacturers - Specialty & Generic: +13.0%
    +24.7% Q1'26: +24.2% (vs Q1'25)
  • ROIC Drug Manufacturers - Specialty & Generic: +6.5%
    +27.0% Q1'26: +27.7% (vs Q1'25)
  • Share dilution Drug Manufacturers - Specialty & Generic: +0.0%
    +0.1% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - Specialty & Generic: -0.10×
    0.81× Q1'26: 0.76× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.23) × ERP
WACC = 94% × Ke + 6% × Kd (6.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4,003.59 Current price: 2,493.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
33 Rev. Ana.
32 EPS Ana.
Mar 2027
31 Rev. Ana.
33 EPS Ana.
Mar 2028
31 Rev. Ana.
32 EPS Ana.
Mar 2029
25 Rev. Ana.
26 EPS Ana.
Revenue
47.74B
est: 48.36B (-1.3%)
57.07B
est: 57.57B (-0.9%)
70.83B
est: 70.11B (+1.0%)
96.41B
est: 93.97B (+2.6%)
127.70B
est: 113.32B (+12.7%)
127.70B
est: 130.85B (-2.4%)
141.32B
est: 137.31B (+2.9%)
173.67B
est: 174.30B (-0.4%)
157.77B
est: 157.35B (+0.3%)
146.65B
est: 165.01B (-11.1%)
153.75B
est: 159.75B (-3.8%)
151.63B
est: 153.85B (-1.4%)
164.05B
est: 164.82B (-0.5%)
166.42B
est: 163.09B (+2.0%)
200.11B
est: 199.04B (+0.5%)
227.08B
est: 225.32B (+0.8%)
271.26B
259.51B – 280.61B
+20.4% YoY
287.75B
269.33B – 316.42B
+6.1% YoY
303.99B
282.75B – 346.46B
+5.6% YoY
345.18B
322.05B – 386.64B
+13.5% YoY
EBITDA
9.98B
est: 8.13B (+22.8%)
12.00B
est: 10.62B (+12.9%)
14.51B
est: 13.69B (+6.0%)
23.47B
est: 18.32B (+28.1%)
37.53B
est: 26.53B (+41.5%)
37.53B
est: 36.52B (+2.8%)
37.18B
est: 40.20B (-7.5%)
45.76B
est: 49.76B (-8.0%)
31.21B
est: 39.71B (-21.4%)
25.61B
est: 16.69B (+53.4%)
23.41B
est: 25.13B (-6.9%)
25.24B
est: 20.96B (+20.4%)
19.66B
est: 23.80B (-17.4%)
15.73B
est: 25.94B (-39.3%)
36.27B
est: 28.13B (+28.9%)
50.51B
est: 40.83B (+23.7%)
49.37B
47.23B – 51.07B
+20.9% YoY
52.37B
49.01B – 57.58B
+6.1% YoY
55.32B
51.46B – 63.05B
+5.6% YoY
62.82B
58.61B – 70.36B
+13.5% YoY
EBIT
8.74B
est: 8.97B (-2.6%)
10.29B
est: 10.52B (-2.2%)
12.24B
est: 12.53B (-2.3%)
20.19B
est: 16.85B (+19.8%)
33.28B
est: 23.87B (+39.4%)
33.28B
est: 32.89B (+1.2%)
32.43B
est: 34.13B (-5.0%)
36.79B
est: 41.25B (-10.8%)
20.50B
est: 32.31B (-36.5%)
17.15B
est: 6.28B (+173.2%)
13.71B
est: 13.37B (+2.5%)
17.54B
est: 6.60B (+165.8%)
12.58B
est: 7.50B (+67.8%)
8.52B
est: 8.17B (+4.4%)
27.76B
est: 8.86B (+213.4%)
41.59B
est: 31.25B (+33.1%)
37.78B
36.15B – 39.09B
+20.9% YoY
40.08B
37.51B – 44.07B
+6.1% YoY
42.34B
39.38B – 48.26B
+5.6% YoY
48.08B
44.86B – 53.86B
+13.5% YoY
Net Income
6.82B
est: 6.61B (+3.1%)
8.63B
est: 8.11B (+6.3%)
8.68B
est: 10.50B (-17.4%)
13.14B
est: 11.63B (+13.0%)
24.03B
est: 15.87B (+51.4%)
24.03B
est: 21.55B (+11.5%)
22.61B
est: 24.76B (-8.7%)
25.57B
est: 28.85B (-11.3%)
2.51B
est: 23.03B (-89.1%)
6.07B
est: 2.64B (+129.6%)
-2.69B
est: 5.87B (-145.9%)
12.17B
est: -2.70B (+550.9%)
-15.28B
est: -3.06B (-398.8%)
4.30B
est: -3.34B (+228.8%)
19.14B
est: -3.62B (+628.8%)
32.82B
est: 32.39B (+1.3%)
50.37B
41.98B – 55.67B
+55.5% YoY
45.24B
41.43B – 52.32B
-10.2% YoY
46.69B
39.44B – 53.39B
+3.2% YoY
62.53B
57.08B – 72.29B
+33.9% YoY
SGA
13.30B
est: 14.73B (-9.7%)
16.35B
est: 18.77B (-12.9%)
16.82B
est: 24.07B (-30.1%)
26.71B
est: 35.37B (-24.5%)
18.57B
est: 41.42B (-55.2%)
18.57B
est: 47.94B (-61.3%)
22.93B
est: 46.37B (-50.5%)
30.42B
est: 71.53B (-57.5%)
30.72B
est: 65.22B (-52.9%)
29.66B
est: 71.30B (-58.4%)
30.74B
est: 63.79B (-51.8%)
29.15B
est: 68.90B (-57.7%)
30.81B
est: 78.25B (-60.6%)
31.84B
est: 85.27B (-62.7%)
35.93B
est: 92.47B (-61.1%)
40.80B
est: 45.81B (-10.9%)
55.38B
52.98B – 57.29B
+20.9% YoY
58.75B
54.99B – 64.60B
+6.1% YoY
62.07B
57.73B – 70.74B
+5.6% YoY
70.48B
65.75B – 78.94B
+13.5% YoY
EPS
15.84
est: 14.99 (+5.7%)
19.36
est: 19.64 (-1.4%)
19.43
est: 22.25 (-12.7%)
29.39
est: 27.42 (+7.2%)
53.54
est: 40.01 (+33.8%)
53.54
est: 54.04 (-0.9%)
50.23
est: 50.36 (-0.3%)
56.69
est: 62.75 (-9.7%)
5.56
est: 31.21 (-82.2%)
11.32
est: 21.69 (-47.8%)
-8.82
est: 18.83 (-146.8%)
26.84
est: 23.94 (+12.1%)
-33.65
est: 26.91 (-225.0%)
9.46
est: 8.37 (+13.0%)
42.05
est: 42.77 (-1.7%)
71.95
est: 71.11 (+1.2%)
109.98
91.66 – 121.55
+54.7% YoY
98.77
90.46 – 114.23
-10.2% YoY
101.96
86.12 – 116.58
+3.2% YoY
136.53
124.63 – 157.84
+33.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
7.97B
OE per share TTM
17.42
Owner's Yield
0.73%
Maintenance CapEx ratio
15.73%
Maint CapEx / Avg PPE
28.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 24 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Emerging Markets Ex-China ETF VEXC 0.07% 171.6K 0.07%
2 Schwab Emerging Markets Equity ETF SCHE 0.06% 7.50M 0.06%
3 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.05% 3.12M 0.17%
4 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.05% 3.12M 0.17%
5 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.05% 688.4K 0.48%
6 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.05% 1.55M 0.26%
7 Vanguard FTSE Emerging Markets ETF VWO 0.05% 76.63M 0.06%
8 Vanguard FTSE Asia ex Japan Shares Index ETF VAE.AX 0.04% 266.4K 0.40%
9 Vanguard ESG International Stock ETF VSGX 0.02% 1.14M 0.10%
10 Vanguard All-World ex-US Shares Index ETF VEU.AX 0.01% 618.7K 0.04%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.59M
Shares Outstanding
457.18M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vinita D. Gupta Chief Executive Officer & Executive Director 271M female
Nilesh Deshbandhu Gupta MD & Executive Director 111M male
Ramesh Swaminathan Executive Director, Global Chief Financial Officer, CRO & Head of API Plus SBU and IT 83M male
Rajalakshmi Azariah Vice President & Global Head of Corporate Communications female
Ravi Agrawal Sr. Vice President of Investor Relations and M&A male
Shahin Fesharaki Chief Scientific Officer
Sofia Mumtaz President of Legal and Compliance, Canada, ANZ, and NEA business
Amit Kumar Gupta Company Secretary & Compliance Officer male
Yashwant S. Mahadik President of Global Human Resources male
Christoph Funke Chief Technical Operations Officer male
Fabrice Egros President of Corporate Development
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits