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IPCALAB - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.6

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 3.6

Stock Code IPCALAB Market Cap 35,658 Cr. Current Price 1,404 ₹ High / Low 1,595 ₹
Stock P/E 36.8 Book Value 292 ₹ Dividend Yield 0.28 % ROCE 17.6 %
ROE 12.6 % Face Value 1.00 ₹ DMA 50 1,445 ₹ DMA 200 1,410 ₹
Chg in FII Hold 0.20 % Chg in DII Hold 0.54 % PAT Qtr 305 Cr. PAT Prev Qtr 262 Cr.
RSI 39.5 MACD 0.86 Volume 70,713 Avg Vol 1Wk 1,19,611
Low price 1,168 ₹ High price 1,595 ₹ PEG Ratio -50.4 Debt to equity 0.11
52w Index 55.2 % Qtr Profit Var 24.8 % EPS 30.3 ₹ Industry PE 29.0

💹 Core Financials: Ipca Laboratories shows moderate profitability with ROE at 12.6% and ROCE at 17.6%, below top-tier pharma benchmarks but stable. Quarterly PAT improved from ₹262 Cr. to ₹305 Cr., reflecting a 24.8% growth. Debt-to-equity ratio of 0.11 indicates low leverage, ensuring financial resilience. Dividend yield of 0.28% is minimal, suggesting limited shareholder payouts but reinvestment into operations.

📊 Valuation Indicators: Current P/E of 36.8 is significantly higher than the industry average of 29.0, indicating overvaluation. P/B ratio (~4.8) is elevated relative to book value. PEG ratio of -50.4 highlights weak growth-adjusted valuation, suggesting earnings growth is not keeping pace with price. Intrinsic value analysis points to the stock being expensive at current levels, with limited margin of safety.

🏢 Business Model & Competitive Advantage: Ipca Laboratories operates in the pharmaceutical sector, focusing on generics, APIs, and formulations. Its competitive advantage lies in diversified product offerings, global presence, and strong R&D capabilities. However, profitability pressures and valuation concerns limit near-term attractiveness despite sectoral resilience.

📈 Entry Zone: Technical indicators (DMA 50: ₹1,445, DMA 200: ₹1,410, RSI: 39.5, MACD: 0.86) suggest consolidation with mild bearish undertone. An attractive entry zone lies between ₹1,250–₹1,320, closer to its recent low of ₹1,168. Investors may accumulate gradually in this range for better risk-reward.

🕰️ Long-Term Holding Guidance: Ipca Laboratories offers stability with low debt and consistent profit growth. However, stretched valuations

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