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LUPIN - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 25 May 26, 01:36 am

Fundamental Rating: 4.1

Stock Code LUPIN Market Cap 1,04,184 Cr. Current Price 2,280 ₹ High / Low 2,494 ₹
Stock P/E 17.3 Book Value 659 ₹ Dividend Yield 0.53 % ROCE 26.6 %
ROE 22.2 % Face Value 2.00 ₹ DMA 50 2,292 ₹ DMA 200 2,168 ₹
Chg in FII Hold 0.20 % Chg in DII Hold -0.26 % PAT Qtr 1,797 Cr. PAT Prev Qtr 1,241 Cr.
RSI 47.3 MACD -11.1 Volume 13,09,203 Avg Vol 1Wk 12,14,317
Low price 1,837 ₹ High price 2,494 ₹ PEG Ratio 0.12 Debt to equity 0.04
52w Index 67.4 % Qtr Profit Var 39.2 % EPS 139 ₹ Industry PE 30.5

📊 Core Financials: Lupin posted quarterly PAT of ₹1,797 Cr (up from ₹1,241 Cr), showing strong growth. ROE at 22.2% and ROCE at 26.6% highlight excellent efficiency. Debt-to-equity ratio of 0.04 indicates a nearly debt-free balance sheet. EPS at ₹139 reflects strong earnings power, supported by consistent cash flows.

💹 Valuation Indicators: Stock P/E of 17.3 is below the industry average (30.5), suggesting undervaluation. Book value at ₹659 vs CMP ₹2,280 shows a premium valuation, but PEG ratio of 0.12 indicates robust earnings growth relative to price. Intrinsic value appears supportive of long-term upside.

🏭 Business Model & Advantage: Lupin operates in pharmaceuticals with a diversified portfolio across generics, branded formulations, and specialty drugs. Competitive advantage lies in global presence, strong R&D, and regulatory approvals. Efficiency metrics and earnings growth reinforce overall health.

📈 Entry Zone & Holding Guidance: The stock trades near DMA 50 (₹2,292) and DMA 200 (₹2,168), showing consolidation. RSI at 47.3 indicates neutral momentum. Entry around ₹2,150–₹2,200 offers favorable risk-reward. Long-term holding is recommended given strong fundamentals and undervaluation relative to peers.

Positive

  • ✅ Strong ROE (22.2%) and ROCE (26.6%) efficiency
  • ✅ Robust quarterly PAT growth (₹1,241 Cr → ₹1,797 Cr)
  • ✅ EPS at ₹139, reflecting strong earnings base
  • ✅ Debt-to-equity ratio at 0.04, nearly debt-free

Limitation

  • ⚠️ CMP trades at a premium to book value (₹659 vs ₹2,280)
  • ⚠️ Slight decline in DII holding (-0.26%)
  • ⚠️ Moderate dividend yield (0.53%), limited income support

Company Negative News

  • 📉 DII holding decreased by 0.26%, showing cautious domestic institutional sentiment

Company Positive News

  • 📈 Quarterly profit growth of 39.2% indicates strong operational momentum
  • 📈 FII holding increased by 0.20%, showing foreign investor confidence

Industry

  • 🌐 Pharma industry PE at 30.5, reflecting higher valuations compared to Lupin’s lower P/E
  • 🌐 Long-term demand for generics and specialty drugs remains strong globally

Conclusion

🔎 Lupin is fundamentally strong with excellent efficiency, robust earnings, and undervaluation relative to industry peers. Entry near ₹2,150–₹2,200 offers better risk-reward. Long-term investors can hold confidently, supported by strong fundamentals, global presence, and industry demand.

For deeper insights, you could explore a peer comparison or a valuation analysis to assess its position against competitors and intrinsic value.

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