IPCA Laboratories logo

IPCA Laboratories share price

NSE: IPCALABBSE: 524494Pharmaceuticals & BiotechnologyMid Cap

Last close ₹1,953.30up ₹49.80 (2.62%)BSE ₹1,951.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,903.50.

52-week range of traded prices to 23 Oct 2026
₹1,251.60Low, 24 Oct 2025₹2,038.00High, 18 Sep 2026
Market cap
₹49,556 Cr229th largest listed
P/E
37.8
P/B
6.1
Dividend yield
0.31%
ROE
17.4%
ROCE
17.6%
Debt to equity
0.07
Volume, NSE
3,18,78151.9% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+53.0%over a year

Results20-session average 2,52,588 shares a day, 56.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹2,788 Crup 16.73%
Net profit
₹424 Crup 38.34%
Net margin
15.2%

Revenue by year

Peak revenue ₹9,646 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 13 FebMar 2025Filed 16 JunJun 2025Filed 11 AugSep 2025Filed 13 NovDec 2025Filed 13 FebMar 2026Filed 29 MayJun 2026Filed 13 Aug
Revenue2,3552,2452,2472,3092,5572,3932,3882,788
Net profit24627664233281364307424
Net margin10.4%12.3%2.8%10.1%11.0%15.2%12.8%15.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Pharmaceuticals, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 66% of 2,353 trading days over the last 10 years.

LowestHighest
Its median33.7Industry median28.2
Price to book

At or below today's level on 88% of 1,968 trading days since Nov 2018.

LowestHighest
Its median5.0Industry median2.9
EV to EBITDA22.3

At or below today's level on 71% of 1,968 trading days since Nov 2018.

LowestHighest
Its median20.3Industry median18.7
Dividend yield

At or below today's level on 61% of 2,468 trading days over the last 10 years.

LowestHighest
Its median0.27%Industry median0.53%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+7.0%+54.7%−31.1%0.4%
3 years+25.8%+34.3%−6.5%0.3%
5 years+11.3%0.0%+11.0%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters44.72%
  • Foreign institutions11.53%
  • Indian institutions36.59%
  • Individuals and others7.15%
Holder
Kaygee Investments Private LimitedPromoter25.49%
Kaygee Laboratories Private LimitedPromoter6.61%
Chandurkar Investments Private LimitedPromoter5.50%
SBI LIFE INSURANCE CO. LTDInsurance companies3.53%
Premchand GodhaPromoter2.29%
Usha M ChandurkarPromoter1.70%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

159 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 71 of the 95 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Added
45
Cut
50
Held unchanged
61
Sold out
2
Fund
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund1,81,40,6593.43%₹3,495.7 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund1,23,48,0473.57%₹2,379.5 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund40,05,4252.30%₹771.8 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund31,00,0001.19%₹597.4 Cr
DSP Mutual Fund logoDSP Midcap FundDSP Mutual Fund28,75,3532.84%₹554.1 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund25,25,0001.59%₹486.6 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund24,97,1230.47%₹481.2 Cr
DSP Mutual Fund logoDSP Small Cap FundDSP Mutual Fund23,81,2392.14%₹458.9 Cr
Edelweiss Mutual Fund logoEdelweiss Mid Cap FundEdelweiss Mutual Fund18,33,4651.84%₹353.3 Cr
DSP Mutual Fund logoDSP Healthcare FundDSP Mutual Fund15,82,8078.13%₹305.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pharmaceuticals, 215 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to IPCA Laboratories in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Glenmark Pharmaceuticals logoGlenmark PharmaceuticalsGLENMARK61,14734.05.812.5+32.9%+138.4%18.6%39.8%0.12%
Alkem Laboratories logoAlkem LaboratoriesALKEM59,14927.44.319.5+13.4%−5.6%16.7%16.5%1.07%
Abbott India logoAbbott IndiaABBOTINDIA53,18732.911.125.9+6.3%+11.2%35.9%39.6%2.62%
Biocon logoBioconBIOCON52,721106.41.518.2+9.8%+28.6%1.8%2.9%0.15%
Gland Pharma logoGland PharmaGLAND46,64541.34.524.9+17.6%+46.5%11.6%12.4%0.71%
Ajanta Pharma logoAjanta PharmaAJANTPHARM41,03536.29.128.0+20.2%+22.0%27.3%27.2%1.83%
GlaxoSmithKline Pharmaceuticals logoGlaxoSmithKline PharmaceuticalsGLAXO40,73738.118.029.1+5.8%+12.4%50.6%56.3%2.37%
Emcure Pharmaceuticals logoEmcure PharmaceuticalsEMCURE33,58633.26.817.5+18.4%+35.9%21.5%25.2%0.20%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹6.00 a share, year to Mar 2026.
Ex-dateTypePer share
7 Aug 2026Final₹6.00
5 Aug 2025Final₹2.00
27 Nov 2024Interim₹2.00
6 Aug 2024Final₹2.00
22 Nov 2023Interim₹2.00
22 Nov 2022Interim₹4.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

IPCA Laboratories share price by year

Each calendar year to 2025.IPCA Laboratories share price history

YearClose at year endChangeHighest closeLowest close
20251,418.90−16.3%1,744.051,268.70
20241,695.20+52.3%1,703.251,077.70
20231,113.15+32.0%1,149.70675.00
2022843.10−22.2%1,099.90843.10
20211,083.40−1.0%1,318.75900.45
20201,094.40+92.6%1,184.05569.18
2019568.13+41.7%579.85361.50
2018401.05+34.1%403.15277.55
2017299.15+12.2%323.23204.40
2016266.53−28.2%371.15203.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,892.001,979.801,857.701,953.301,918.993,18,78151.9%
22 Oct 20261,898.001,952.001,884.201,903.501,918.583,27,01149.5%
21 Oct 20261,810.001,949.901,797.601,918.901,883.275,11,09039.2%
19 Oct 20261,832.601,853.901,797.001,814.501,827.221,67,62652.6%
16 Oct 20261,907.101,907.101,813.201,832.601,845.222,15,60050.7%
15 Oct 20261,888.001,930.001,888.001,913.101,912.921,66,49365.7%
14 Oct 20261,889.901,929.001,863.201,911.601,889.092,05,49642.8%
13 Oct 20261,908.901,940.001,861.401,919.201,907.783,41,43165.0%
12 Oct 20261,921.801,940.001,892.001,899.901,910.701,75,83157.7%
9 Oct 20261,942.901,952.501,905.001,915.401,921.9294,28552.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
10 Jan 2022Split0.5000Each share became 2.
22 Mar 2010Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About IPCA Laboratories

Ipca Laboratories Limited is an Indian pharmaceutical company. It makes and sells formulations, which are finished medicines, and active pharmaceutical ingredients (APIs) and drug intermediates, which are the chemicals that go into them. It was incorporated in 1949.

In India, the company sells branded formulations through 22 marketing divisions that focus on key therapeutic segments, with a portfolio of about 172 brands. Its products are exported to over 100 countries. It markets branded formulations through its own field force in Africa, in Asian countries such as Nepal, Sri Lanka, Myanmar, the Philippines and Vietnam, and in Russia, Kazakhstan and Belarus. In the United States, Unichem Pharmaceuticals (USA) Inc., a step-down subsidiary, markets and distributes formulations made by the company. Most of its international API customers are end-user formulations manufacturers.

Its works are in Madhya Pradesh, Gujarat, Maharashtra, Uttarakhand, Sikkim and the Union Territory of Dadra and Nagar Haveli and Daman and Diu. A new drug intermediates and API plant at Hingni in Wardha, Maharashtra, has started commercial production. The company has research and development centres at Mumbai, Ratlam, Athal (Silvassa) and Ranu (Vadodara). It has also set up a facility at Pithampur for monoclonal antibodies, with six candidates in development.

The company has one listed Indian subsidiary, Unichem Laboratories Limited, which was incorporated in Mumbai in 1962. It also has overseas subsidiaries, including one set up in Germany to hold product registrations and distribute generic formulations. The board includes three promoter directors. A promoter is the person or group that set up a company or controls it. They are the Executive Chairman, the Managing Director and CEO, and an Executive Director.

Legal name
IPCA Laboratories Limited
NSE symbol
IPCALAB
BSE code
524494
ISIN
INE571A01038
Industry
Pharmaceuticals & Biotechnology
Listed
May 1994 on BSE, Feb 1995 on NSE
Face value
₹1
CIN
L24239MH1949PLC007837
Corporate identity number, the registrar of companies' code for it