⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

LUPIN - Investment Analysis: Buy Signal or Bull Trap?

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Rating: 4.1

Last Updated Time : 04 Feb 26, 10:05 am

Investment Rating: 4.1

Stock Code LUPIN Market Cap 99,983 Cr. Current Price 2,187 ₹ High / Low 2,249 ₹
Stock P/E 18.7 Book Value 596 ₹ Dividend Yield 0.55 % ROCE 21.9 %
ROE 17.8 % Face Value 2.00 ₹ DMA 50 2,115 ₹ DMA 200 2,033 ₹
Chg in FII Hold 1.00 % Chg in DII Hold -0.98 % PAT Qtr 869 Cr. PAT Prev Qtr 2,128 Cr.
RSI 58.9 MACD 8.85 Volume 13,28,675 Avg Vol 1Wk 8,98,035
Low price 1,774 ₹ High price 2,249 ₹ PEG Ratio 0.11 Debt to equity 0.04
52w Index 86.9 % Qtr Profit Var 7.55 % EPS 126 ₹ Industry PE 29.2

📊 Analysis: Lupin trades at ₹2,187 with a P/E of 18.7, which is attractive compared to the industry average of 29.2, suggesting undervaluation. ROE (17.8%) and ROCE (21.9%) are strong, reflecting efficient capital utilization. Dividend yield at 0.55% provides modest income support. The PEG ratio (0.11) highlights excellent growth potential relative to valuation. Technical indicators (RSI 58.9, MACD 8.85) show neutral-to-bullish momentum. PAT has declined sequentially (2,128 Cr. → 869 Cr.), but overall profitability remains solid. Debt-to-equity at 0.04 indicates a virtually debt-free balance sheet, adding financial stability.

💡 Entry Price Zone: Ideal entry would be between ₹2,050–₹2,100, closer to DMA 200 (₹2,033), offering better valuation comfort and risk-reward balance.

📈 Exit / Holding Strategy: If already holding, Lupin is a strong candidate for long-term investment (5+ years) given its robust fundamentals and growth potential. Exit strategy should be considered only if price sustains below ₹1,950 or if profitability metrics weaken significantly. Otherwise, continue holding for compounding returns and dividend income.

✅ Positive

  • Strong ROE (17.8%) and ROCE (21.9%).
  • Low P/E (18.7) vs industry average (29.2), indicating undervaluation.
  • PEG ratio (0.11) highlights excellent growth potential.
  • Debt-to-equity ratio at 0.04, virtually debt-free.
  • EPS at ₹126, reflecting strong earnings power.

⚠️ Limitation

  • Sequential decline in PAT (2,128 Cr. → 869 Cr.).
  • Dividend yield at 0.55%, modest for income investors.
  • DII holdings reduced (-0.98%), showing weaker domestic institutional confidence.

📉 Company Negative News

  • Sequential drop in quarterly profits.
  • Domestic institutional investors trimmed positions.

📈 Company Positive News

  • FII holdings increased (+1.00%), showing strong foreign investor confidence.
  • Stock trading near 52-week high (₹2,249), reflecting resilience.

🏭 Industry

  • Pharma sector has long-term growth potential driven by global healthcare demand.
  • Industry P/E at 29.2 highlights Lupin is trading at a discount compared to peers.

🔎 Conclusion

Lupin is fundamentally strong with high ROE, ROCE, and undervaluation relative to industry peers. It is a good candidate for long-term investment. Best strategy: accumulate between ₹2,050–₹2,100 and hold for 5+ years to benefit from compounding and dividend income. Existing holders should continue holding unless profitability weakens significantly.

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