Lupin logo

Lupin share price

NSE: LUPINBSE: 500257Pharmaceuticals & BiotechnologyMid Cap

Last close ₹1,928.90up ₹6.90 (0.36%)BSE ₹1,925.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,922.00.

52-week range of traded prices to 23 Oct 2026
₹1,892.90Low, 23 Oct 2026₹2,529.50High, 16 Jul 2026
Market cap
₹88,207 Cr105th largest listed
P/E
16.0
P/E without one-offs
14.5
P/B
3.9
Dividend yield
0.93%
ROE
27.9%
ROE without one-offs
30.7%
ROCE
28.2%
Debt to equity
0.26
Volume, NSE
7,02,15655.7% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−0.6%over a year · Nifty Pharma +12.7% · Nifty 500 −9.8%

Results20-session average 6,88,455 shares a day, 58.7% delivered

Results

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

Quarter to Jun 2026, against the quarter beforeFiled 6 Aug

Revenue
₹8,277 Crup 10.73%
Net profit
₹1,417 Crdown 3.52%
Net margin
17.1%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2019, the company's revenue for that year, ₹16,369 Cr, differs from its quarters added, ₹16,638 Cr. From the year to Mar 2020, the company's revenue for that year, ₹15,375 Cr, differs from its quarters added, ₹16,393 Cr.

₹ croreSep 2024Filed 7 NovDec 2024Filed 12 FebMar 2025Filed 10 JunJun 2025Filed 5 AugSep 2025Filed 6 NovDec 2025Filed 12 FebMar 2026Filed 7 MayJun 2026Filed 6 Aug
Revenue5,6735,7685,6676,2687,0487,1687,4758,277
Net profit8598597821,2211,4851,1811,4691,417
Net margin15.2%14.9%13.8%19.5%21.1%16.5%19.6%17.1%
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

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Pharmaceuticals₹27,812 Crup 23.04%99.5%
  • Others₹147 Cr0.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2019 and Mar 2020: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 0.3% of 744 trading days over the last 3 years.

LowestHighest
Its median31.3Industry median28.3
Price to book

At or below today's level on 59% of 1,977 trading days since Nov 2018.

LowestHighest
Its median3.6Industry median2.8
EV to EBITDA9.3

At or below today's level on 0.1% of 1,914 trading days since Nov 2018.

LowestHighest
Its median19.9Industry median18.7
Dividend yield

At or below today's level on 96% of 2,464 trading days over the last 10 years.

LowestHighest
Its median0.59%Industry median0.51%

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+14.9%+62.3%−29.7%0.8%
3 years+53.4%+131.1%−33.9%0.6%
5 years+18.4%+33.9%−12.1%0.6%
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, 3 and 5 years 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 2026.

Who owns it

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

Shareholding by group

  • Promoters46.84%
  • Foreign institutions23.28%
  • Indian institutions23.78%
  • Individuals and others6.09%
Holder
Lupin Investments Private LimitedPromoter45.31%
LICI New Pension Plus Growth FundInsurance companies3.90%
NPS Trust- A/C ICICI Pension Fund Scheme E - Tier IProvident and pension funds2.63%
Manju D GuptaPromoter0.85%
Nilesh GuptaPromoter0.20%
Anuja GuptaPromoter0.16%
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

248 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 122 of the 153 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. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
5
Bought again
5
Added
89
Cut
64
Held unchanged
82
Sold out
7
Fund
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund56,86,4571.13%₹1,154.5 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund48,88,8860.91%₹992.5 Cr
HDFC Mutual Fund logoHDFC Large Cap FundHDFC Mutual Fund46,15,9802.51%₹937.1 Cr
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund39,39,1111.87%₹799.7 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund32,18,0483.34%₹653.3 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund27,83,9916.17%₹565.2 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund22,00,0000.89%₹446.6 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund21,93,8500.59%₹445.4 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund21,00,0001.83%₹426.3 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund19,78,3740.78%₹401.6 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pharmaceuticals, 216 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Lupin in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Laurus Labs logoLaurus LabsLAURUSLABS1,06,44297.420.153.5+22.6%+114.9%22.4%19.8%0.10%
Dr. Reddy's Laboratories logoDr. Reddy's LaboratoriesDRREDDY1,02,62431.82.720.5−0.9%−43.3%9.0%6.8%0.65%
Mankind Pharma logoMankind PharmaMANKIND91,39044.65.625.4+13.8%+8.2%13.4%12.8%0.00%
Aurobindo Pharma logoAurobindo PharmaAUROPHARMA90,43224.42.412.5+9.1%+9.5%10.5%11.5%0.00%
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%
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 ₹18.00 a share, year to Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹18.00
25 Jul 2025Final₹12.00
16 Jul 2024Final₹8.00
14 Jul 2023Final₹4.00
14 Jul 2022Final₹4.00
27 Jul 2021Final₹6.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Lupin share price by year

Each calendar year to 2025.Lupin share price history

YearClose at year endChangeHighest closeLowest close
20252,109.50−10.5%2,396.101,851.80
20242,355.70+78.1%2,355.701,312.85
20231,322.95+80.3%1,339.95640.00
2022733.70−22.8%959.45590.25
2021950.75−2.7%1,247.25858.25
2020976.85+28.0%1,085.90548.10
2019763.45−9.6%883.10667.60
2018844.30−4.6%968.75734.50
2017885.10−40.5%1,521.75808.95
20161,486.95−19.1%1,905.651,398.25
₹ 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 20261,922.001,929.901,892.901,928.901,912.687,02,15655.7%
22 Oct 20261,942.001,945.701,896.101,922.001,920.857,28,62054.6%
21 Oct 20261,948.101,964.001,929.001,964.001,945.036,33,22160.5%
19 Oct 20261,955.801,971.601,930.001,939.201,953.776,02,00856.4%
16 Oct 20261,980.001,980.501,947.001,961.601,961.217,29,31163.4%
15 Oct 20261,943.001,990.901,943.001,980.901,974.826,73,28053.6%
14 Oct 20261,950.001,954.801,925.701,953.201,943.907,95,62065.6%
13 Oct 20261,935.001,958.401,926.501,953.601,943.047,39,31464.7%
12 Oct 20261,955.901,964.901,933.201,935.001,944.284,18,27963.4%
9 Oct 20261,948.001,968.901,942.001,956.501,956.123,62,45937.2%
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
27 Aug 2010Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Lupin

Lupin Limited is a pharmaceutical company with its registered office in Mumbai. It makes and sells generic medicines, complex generics, specialty medicines and biosimilars, and its products are distributed in more than 100 countries. Its therapeutic areas include cardiovascular, respiratory, diabetes, gastrointestinal and women's health, and it also makes anti-tuberculosis medicines.

The business is organised into India, the United States, Other Developed Markets, Emerging Markets and active pharmaceutical ingredients. Other Developed Markets covers Canada, Australia, Europe and others. Emerging Markets covers Latin America, South Africa, the Philippines and the rest of the world. It also runs healthcare services, including Lupin Diagnostics and Lupin Digital Health. Lupin Diagnostics serves over 200,000 patients per month. Lupin Digital Health works on digital therapeutics, particularly in cardiac care.

Its 12 manufacturing sites in India are at Chhatrapati Sambhajinagar, Ankleshwar, Dabhasa, Goa, Pithampur, Jammu, Mandideep, Nagpur, Pune, Sikkim, Tarapur and Vizag. It employs more than 26,000 people.

Lupin was founded in 1968 by Dr. Desh Bandhu Gupta, who began with treatments for tuberculosis. In July 2024 it carved its trade generics business out into a wholly owned subsidiary, Lupin Life Sciences Limited. Effective 1 July 2025 it did the same with its consumer health business, now LupinLife Consumer Healthcare Limited, which was launched in 2017. Acquisitions that supported its growth in the year to March 2026 included VISUfarma and Renascience.

Legal name
Lupin Limited
NSE symbol
LUPIN
BSE code
500257
ISIN
INE326A01037
Industry
Pharmaceuticals & Biotechnology
Listed
Oct 1993 on BSE, Sep 2001 on NSE
Face value
₹2
CIN
L24100MH1983PLC029442
Corporate identity number, the registrar of companies' code for it