About
Lactose (India) Limited engages in the manufacture and trading of pharmaceutical products in India and internationally. The company offers lactose monohydrate; solid dosage forms comprising dry granulated, film, and lacquer coated tablets, as well as uncoated and blister packed solid dose forms; and liquid dosage forms. It also provides disaccharide lactulose, an active pharmaceutical ingredient that is used in the treatment of constipation, hepatitis, encephalopathy, intestinal microflora, dental care, diabetes, and chronic liver disease, as well as for use as a prebiotic. In addition, the company exports its products. Lactose (India) Limited was incorporated in 1991 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap134 Cr
P/E19.30
Div Yield0.00 %
Book Value₹51.50
52w High₹137.00
52w Low₹76.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46.97 | 45.77 | 36.77 | 41.18 | 39.58 | 27.77 | 28.72 | 30.45 | 29.46 | 29.40 | 32.60 | 24.43 | 27.47 |
| Expenses | 40.90 | 40.75 | 33.71 | 35.92 | 35.11 | 24.36 | 25.75 | 25.44 | 23.88 | 23.28 | 26.88 | 21.04 | 23.70 |
| Operating Profit | 6.07 | 5.02 | 3.06 | 5.26 | 4.47 | 3.41 | 2.97 | 5.01 | 5.58 | 6.12 | 5.72 | 3.39 | 3.77 |
| OPM % | 12.92 | 10.97 | 8.32 | 12.77 | 11.29 | 12.28 | 10.34 | 16.45 | 18.94 | 20.82 | 17.55 | 13.88 | 13.72 |
| Other Income | 0.56 | 0.22 | 0.63 | 0.37 | 0.41 | 0.37 | 0.56 | 0.30 | 0.22 | 0.31 | 0.28 | 0.26 | 0.28 |
| Depreciation | 1.64 | 1.50 | 1.43 | 1.44 | 1.37 | 1.39 | 1.35 | 1.33 | 1.31 | 1.63 | 1.20 | 1.20 | 1.19 |
| Interest | 1.76 | 1.43 | 1.39 | 1.04 | 1.22 | 1.84 | 1.64 | 1.37 | 1.26 | 1.17 | 1.21 | 1.31 | 1.55 |
| Profit before tax | 3.23 | 2.31 | 0.87 | 3.15 | 2.29 | 0.55 | 0.54 | 2.61 | 3.23 | 3.63 | 3.59 | 1.14 | 1.31 |
| Tax % | 26.93 | 18.61 | 40.23 | 31.11 | 34.50 | -18.18 | 59.26 | 22.22 | 29.72 | 33.88 | 27.02 | 28.95 | 26.72 |
| Net Profit | 2.37 | 1.88 | 0.53 | 2.16 | 1.50 | 0.64 | 0.22 | 2.03 | 2.27 | 2.40 | 2.63 | 0.81 | 0.96 |
| EPS in Rs | 1.88 | 1.49 | 0.42 | 1.72 | 1.19 | 0.51 | 0.17 | 1.61 | 1.80 | 1.91 | 2.09 | 0.64 | 0.76 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 163.00 | 116.00 | 114.00 | 66.00 | 46.00 | 35.00 | 40.00 | 41.00 | 31.00 | 36.00 | 34.00 | 24.00 |
| Expenses | 145.00 | 99.00 | 95.00 | 54.00 | 34.00 | 29.00 | 31.00 | 31.00 | 25.00 | 24.00 | 24.00 | 19.00 |
| Operating Profit | 18.00 | 17.00 | 19.00 | 11.00 | 12.00 | 6.00 | 9.00 | 10.00 | 6.00 | 11.00 | 10.00 | 5.00 |
| OPM % | 11.00 | 15.00 | 17.00 | 17.00 | 27.00 | 18.00 | 23.00 | 24.00 | 18.00 | 32.00 | 30.00 | 22.00 |
| Other Income | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Interest | 5.00 | 6.00 | 5.00 | 6.00 | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 | 4.00 | 4.00 | 3.00 |
| Depreciation | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 2.00 |
| Profit before tax | 9.00 | 7.00 | 10.00 | 1.00 | 3.00 | -3.00 | 0.00 | 1.00 | -3.00 | 4.00 | 4.00 | 1.00 |
| Tax % | 30.00 | 25.00 | 30.00 | 18.00 | 23.00 | -24.00 | 30.00 | 33.00 | -52.00 | 36.00 | 28.00 | 42.00 |
| Net Profit | 6.00 | 5.00 | 7.00 | 1.00 | 2.00 | -2.00 | 0.00 | 1.00 | -1.00 | 3.00 | 3.00 | 0.00 |
| EPS in Rs | 4.81 | 4.10 | 5.39 | 0.96 | 1.95 | -2.17 | 0.07 | 0.71 | -1.32 | 2.87 | 3.17 | 0.59 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 8.00 |
| Reserves | 52.00 | 46.00 | 35.00 | 28.00 | 27.00 | 24.00 | 24.00 | 24.00 | 22.00 | 17.00 | 12.00 | 7.00 |
| Borrowings | 62.00 | 57.00 | 39.00 | 38.00 | 41.00 | 46.00 | 39.00 | 36.00 | 38.00 | 34.00 | 37.00 | 39.00 |
| Other Liabilities | 56.00 | 18.00 | 14.00 | 22.00 | 10.00 | 7.00 | 10.00 | 11.00 | 13.00 | 24.00 | 26.00 | 25.00 |
| Total Liabilities | 183.00 | 133.00 | 101.00 | 101.00 | 90.00 | 88.00 | 84.00 | 82.00 | 83.00 | 85.00 | 83.00 | 80.00 |
| Fixed Assets | 69.00 | 52.00 | 55.00 | 56.00 | 59.00 | 59.00 | 62.00 | 60.00 | 63.00 | 64.00 | 61.00 | 62.00 |
| CWIP | 0.00 | 10.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Other Assets | 114.00 | 71.00 | 46.00 | 45.00 | 30.00 | 25.00 | 22.00 | 20.00 | 19.00 | 20.00 | 21.00 | 15.00 |
| Total Assets | 183.00 | 133.00 | 101.00 | 101.00 | 90.00 | 88.00 | 84.00 | 82.00 | 83.00 | 85.00 | 83.00 | 80.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6.00 | 0.00 | 9.00 | 8.00 | 8.00 | 2.00 | 7.00 | 5.00 | 0.00 | 8.00 | 1.00 | 13.00 |
| Cash from Investing Activity | -10.00 | -16.00 | -2.00 | -1.00 | -1.00 | -6.00 | -3.00 | -2.00 | -2.00 | -5.00 | 3.00 | -23.00 |
| Cash from Financing Activity | 1.00 | 19.00 | -6.00 | -8.00 | -8.00 | 5.00 | -4.00 | -5.00 | 4.00 | -3.00 | -5.00 | 10.00 |
| Net Cash Flow | -4.00 | 3.00 | 1.00 | -1.00 | 0.00 | 1.00 | 1.00 | -2.00 | 3.00 | 0.00 | 0.00 | -1.00 |
| Free Cash Flow | -5.00 | -14.00 | 7.00 | 6.00 | 7.00 | -3.00 | 4.00 | 3.00 | -2.00 | 3.00 | 0.00 | -10.00 |
| CFO/OP % | 37.00 | 5.00 | 50.00 | 70.00 | 68.00 | 34.00 | 80.00 | 58.00 | 15.00 | 74.00 | 18.00 | 255.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75.00 | 68.00 | 49.00 | 69.00 | 90.00 | 67.00 | 64.00 | 62.00 | 63.00 | 91.00 | 96.00 | 83.00 |
| Inventory Days | 217.00 | 171.00 | 119.00 | 344.00 | 343.00 | 587.00 | 471.00 | 384.00 | 456.00 | 440.00 | 344.00 | 129.00 |
| Days Payable | 146.00 | 74.00 | 59.00 | 275.00 | 195.00 | 153.00 | 202.00 | 242.00 | 330.00 | 559.00 | 340.00 | 273.00 |
| Cash Conversion Cycle | 146.00 | 165.00 | 109.00 | 138.00 | 238.00 | 501.00 | 333.00 | 204.00 | 188.00 | -27.00 | 100.00 | -61.00 |
| Working Capital Days | 18.00 | 24.00 | 26.00 | 56.00 | 46.00 | 56.00 | 59.00 | 42.00 | 18.00 | -107.00 | -100.00 | -118.00 |
| ROCE % | 11.00 | 13.00 | 18.00 | 9.00 | 10.00 | 3.00 | 8.00 | 9.00 | 4.00 | 15.00 | 13.00 | 8.00 |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 08 Nov 2024 | — | — | — | E.G.M. |
| Other | 03 Mar 2020 | — | — | — | E.G.M. |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update10 Jul from crisil
-
Rating update30 Jun from crisil
-
Rating update23 Oct 2025 from crisil
-
Rating update1 Oct 2025 from crisil
-
Rating update25 Jul 2024 from crisil
-
Rating update10 Jul 2024 from crisil