About
Morepen Laboratories Limited develops, manufactures, markets, and sells active pharmaceutical ingredients (APIs), branded and generic formulations, and home health products in India, the United States, and internationally. The company offers APIs for anti-histaminic, anti-asthmatic, anti-lipemic, anti-hypertensive, anti-diabetic, anti-coagulant, anti-ulcerative, and anti-depressant drugs; and home diagnostic products, such as air purifiers, sphygmomanometers, blood glucose test strips, blood pressure monitors, breathe free vaporizers, stethoscopes, digital thermometers, blood glucose monitors, nebulizers, heat belts, and pulse oximeters. It also provides OTC and healthcare products, including fever X for fever; Pain X for pain; Fiber-X for constipation; sat isabgol; Acidity X for acidity; Burnol, a first degree/minor burns cream; and formulations for nutrition and probiotics, gastroenterology, antibiotics, gynecology, anti-allergic, and central nervous system, as well as cardiology, diabetology, and nutraceuticals. The company offers over the counter products under the Dr. Morepen brand name. Morepen Laboratories Limited was incorporated in 1984 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap6,235 Cr
P/E53.10
Div Yield0.18 %
Book Value₹22.80
52w High₹119.00
52w Low₹33.00
Face Value₹2.00
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 | 570.00 | 485.00 | 484.00 | 412.00 | 425.00 | 466.00 | 453.00 | 438.00 | 455.00 | 423.00 | 445.00 | 422.00 | 401.00 |
| Expenses | 488.00 | 460.00 | 438.00 | 381.00 | 401.00 | 424.00 | 417.00 | 394.00 | 404.00 | 375.00 | 394.00 | 388.00 | 375.00 |
| Operating Profit | 83.00 | 24.00 | 46.00 | 31.00 | 24.00 | 42.00 | 36.00 | 44.00 | 52.00 | 48.00 | 51.00 | 34.00 | 26.00 |
| OPM % | 14.00 | 5.00 | 10.00 | 7.00 | 6.00 | 9.00 | 8.00 | 10.00 | 11.00 | 11.00 | 11.00 | 8.00 | 7.00 |
| Other Income | 5.00 | 8.00 | 4.00 | 30.00 | 4.00 | 5.00 | 5.00 | 5.00 | 3.00 | 4.00 | 4.00 | 3.00 | 2.00 |
| Depreciation | 8.00 | 6.00 | 10.00 | 11.00 | 9.00 | 16.00 | 5.00 | 2.00 | 6.00 | 10.00 | 8.00 | 8.00 | 8.00 |
| Interest | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 0.00 | 0.00 |
| Profit before tax | 75.00 | 23.00 | 35.00 | 46.00 | 16.00 | 26.00 | 35.00 | 46.00 | 48.00 | 42.00 | 44.00 | 29.00 | 21.00 |
| Tax % | 24.00 | 33.00 | 22.00 | 10.00 | 26.00 | 21.00 | 24.00 | 24.00 | 25.00 | 32.00 | 27.00 | 26.00 | 29.00 |
| Net Profit | 56.00 | 16.00 | 28.00 | 41.00 | 11.00 | 20.00 | 27.00 | 35.00 | 36.00 | 29.00 | 32.00 | 21.00 | 15.00 |
| EPS in Rs | 1.03 | 0.29 | 0.50 | 0.75 | 0.20 | 0.37 | 0.49 | 0.64 | 0.71 | 0.55 | 0.63 | 0.42 | 0.29 |
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 | 1,806.00 | 1,812.00 | 1,690.00 | 1,418.00 | 1,547.00 | 1,188.00 | 853.00 | 769.00 | 607.00 | 595.00 | 485.00 | 401.00 |
| Expenses | 1,680.00 | 1,638.00 | 1,532.00 | 1,338.00 | 1,410.00 | 1,070.00 | 785.00 | 701.00 | 542.00 | 534.00 | 424.00 | 352.00 |
| Operating Profit | 126.00 | 174.00 | 159.00 | 80.00 | 137.00 | 119.00 | 69.00 | 68.00 | 65.00 | 61.00 | 62.00 | 48.00 |
| OPM % | 7.00 | 10.00 | 9.00 | 6.00 | 9.00 | 10.00 | 8.00 | 9.00 | 11.00 | 10.00 | 13.00 | 12.00 |
| Other Income | 47.00 | 18.00 | 14.00 | 6.00 | 10.00 | 12.00 | 9.00 | 4.00 | 4.00 | 4.00 | -3.00 | 1.00 |
| Interest | 16.00 | 8.00 | 4.00 | 2.00 | -7.00 | 2.00 | 2.00 | 2.00 | 4.00 | 8.00 | 10.00 | 9.00 |
| Depreciation | 36.00 | 29.00 | 33.00 | 28.00 | 28.00 | 30.00 | 37.00 | 40.00 | 34.00 | 34.00 | 35.00 | 39.00 |
| Profit before tax | 120.00 | 155.00 | 135.00 | 56.00 | 127.00 | 99.00 | 39.00 | 29.00 | 30.00 | 24.00 | 13.00 | 2.00 |
| Tax % | 20.00 | 24.00 | 29.00 | 31.00 | 20.00 | 1.00 | 14.00 | 1.00 | 0.00 | 0.00 | -1.00 | 6.00 |
| Net Profit | 96.00 | 118.00 | 97.00 | 39.00 | 102.00 | 97.00 | 34.00 | 29.00 | 30.00 | 24.00 | 13.00 | 2.00 |
| EPS in Rs | 1.73 | 2.15 | 1.88 | 0.76 | 2.13 | 2.16 | 0.75 | 0.64 | 0.66 | 0.53 | 0.28 | 0.05 |
| Dividend Payout % | 12.00 | 9.00 | 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 | 110.00 | 110.00 | 102.00 | 102.00 | 96.00 | 90.00 | 90.00 | 90.00 | 90.00 | 90.00 | 90.00 | 90.00 |
| Reserves | 1,137.00 | 1,047.00 | 745.00 | 651.00 | 483.00 | 335.00 | 194.00 | 163.00 | 136.00 | 106.00 | 91.00 | 78.00 |
| Borrowings | 208.00 | 105.00 | 29.00 | 25.00 | 19.00 | 17.00 | 133.00 | 132.00 | 134.00 | 169.00 | 187.00 | 201.00 |
| Other Liabilities | 482.00 | 517.00 | 417.00 | 332.00 | 473.00 | 416.00 | 246.00 | 230.00 | 226.00 | 173.00 | 156.00 | 121.00 |
| Total Liabilities | 1,936.00 | 1,778.00 | 1,293.00 | 1,110.00 | 1,070.00 | 858.00 | 663.00 | 615.00 | 586.00 | 538.00 | 524.00 | 489.00 |
| Fixed Assets | 513.00 | 489.00 | 307.00 | 267.00 | 252.00 | 225.00 | 216.00 | 236.00 | 264.00 | 272.00 | 297.00 | 322.00 |
| CWIP | 22.00 | 28.00 | 24.00 | 17.00 | 14.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 124.00 | 85.00 | 1.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,277.00 | 1,176.00 | 960.00 | 827.00 | 804.00 | 631.00 | 446.00 | 379.00 | 321.00 | 266.00 | 227.00 | 167.00 |
| Total Assets | 1,936.00 | 1,778.00 | 1,293.00 | 1,110.00 | 1,070.00 | 858.00 | 663.00 | 615.00 | 586.00 | 538.00 | 524.00 | 489.00 |
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 | 33.00 | 32.00 | 73.00 | -91.00 | -60.00 | 51.00 | 11.00 | 17.00 | 63.00 | 41.00 | 50.00 | 51.00 |
| Cash from Investing Activity | -123.00 | -322.00 | -83.00 | -47.00 | -32.00 | -70.00 | -12.00 | -13.00 | -27.00 | -14.00 | -27.00 | -32.00 |
| Cash from Financing Activity | 97.00 | 300.00 | 5.00 | 144.00 | 66.00 | 47.00 | 5.00 | 0.00 | -38.00 | -24.00 | -27.00 | -19.00 |
| Net Cash Flow | 7.00 | 10.00 | -5.00 | 6.00 | -26.00 | 28.00 | 4.00 | 4.00 | -1.00 | 3.00 | -4.00 | 0.00 |
| Free Cash Flow | -127.00 | -182.00 | -8.00 | -137.00 | -127.00 | 10.00 | -6.00 | 6.00 | 37.00 | 31.00 | 41.00 | 46.00 |
| CFO/OP % | 46.00 | 40.00 | 70.00 | -94.00 | -26.00 | 44.00 | 25.00 | 26.00 | 98.00 | 66.00 | 81.00 | 105.00 |
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 | 67.00 | 65.00 | 70.00 | 68.00 | 59.00 | 56.00 | 59.00 | 64.00 | 73.00 | 57.00 | 66.00 | 51.00 |
| Inventory Days | 88.00 | 94.00 | 85.00 | 87.00 | 96.00 | 82.00 | 91.00 | 69.00 | 76.00 | 65.00 | 51.00 | 55.00 |
| Days Payable | 103.00 | 114.00 | 101.00 | 87.00 | 90.00 | 98.00 | 113.00 | 124.00 | 173.00 | 125.00 | 140.00 | 126.00 |
| Cash Conversion Cycle | 53.00 | 45.00 | 54.00 | 69.00 | 65.00 | 40.00 | 37.00 | 9.00 | -24.00 | -3.00 | -23.00 | -20.00 |
| Working Capital Days | 122.00 | 107.00 | 94.00 | 98.00 | 55.00 | 17.00 | -8.00 | -34.00 | -62.00 | -86.00 | -10.00 | -20.00 |
| ROCE % | 8.00 | 15.00 | 17.00 | 8.00 | 23.00 | 23.00 | 10.00 | 8.00 | 9.00 | 9.00 | 8.00 | 3.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 29 Aug 2025 | 30 Aug 2025 | — | 0.20 | |
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 05 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 14 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 15 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 08 Aug 2014 | 11 Aug 2014 | — | — | E-Voting |
| Other | 08 Aug 2014 | 11 Aug 2014 | — | — | E - Voting |
| Other | 05 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 07 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 09 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2009 | — | — | — | Annual General Meeting |
| Other | 27 Jun 2008 | — | — | — | Annual General Meeting |
| Other | 17 Aug 2007 | — | — | — | Agm |
| Other | 18 Sep 2006 | — | — | — | Agm |
| Other | 08 Aug 2005 | — | — | — | Agm |
| Dividend | 03 Sep 2001 | — | — | 0.20 | |
| Dividend | 24 Jan 2001 | 09 Feb 2001 | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update22 Aug 2025 from infomerics