Company Valuation: Ipca Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 270,385 205,589 313,934 381,038 406,231 464,938 - -
Change - -23.96% 52.7% 21.38% 6.61% 14.45% - -
Enterprise Value (EV) 1 275,070 201,870 325,349 391,231 408,673 454,288 444,982 432,795
Change - -26.61% 61.17% 20.25% 4.46% 11.16% -2.05% -2.74%
P/E 30.6x 43.6x 57.4x 51.6x 35.6x 30.7x 26.1x 23.1x
PBR 4.92x 2.58x 4.96x 5.48x 5.04x 4.95x 4.25x 3.7x
PEG - -0.9x 3.6x 1.5x 0.7x 0.9x 1.5x 1.8x
Capitalization / Revenue 4.64x 3.29x 4.07x 4.26x 4.21x 4.23x 3.79x 3.43x
EV / Revenue 4.72x 3.23x 4.22x 4.38x 4.24x 4.13x 3.63x 3.19x
EV / EBITDA 21x 21.8x 24.6x 22.7x 20.7x 18x 15.2x 13.2x
EV / EBIT 25.6x 30.3x 33.8x 29.5x 26.2x 22.2x 18.9x 16.1x
EV / FCF 72.9x 64.8x 60.9x 71.7x 83.5x 58x 36.8x 27.6x
FCF Yield 1.37% 1.54% 1.64% 1.4% 1.2% 1.72% 2.71% 3.63%
Dividend per Share 2 8 4 4 2 6 5.769 6.185 7.114
Rate of return 0.75% 0.49% 0.32% 0.13% 0.37% 0.31% 0.34% 0.39%
EPS 2 34.85 18.58 21.57 29.08 44.98 59.78 70.28 79.39
Distribution rate 23% 21.5% 18.5% 6.88% 13.3% 9.65% 8.8% 8.96%
Net sales 1 58,298 62,443 77,050 89,396 96,463 109,899 122,709 135,578
EBITDA 1 13,073 9,268 13,212 17,261 19,786 25,214 29,210 32,846
EBIT 1 10,748 6,652 9,639 13,283 15,604 20,422 23,508 26,962
Net income 1 8,841 4,713 5,474 7,377 11,411 15,122 17,896 20,251
Net Debt 1 4,685 -3,720 11,415 10,193 2,442 -10,650 -19,956 -32,144
Reference price 2 1,065.75 810.35 1,237.40 1,501.90 1,601.20 1,832.60 1,832.60 1,832.60
Nbr of stocks (in thousands) 253,704 253,704 253,704 253,704 253,704 253,704 - -
Announcement Date 5/24/22 5/29/23 5/29/24 5/29/25 5/29/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.66x4.13x18.02x0.31% 4.9B
35.96x12.96x27.14x0.55% 1,120B
37.4x6.3x17.74x2.09% 616B
36.43x8.36x17.24x2.43% 504B
20.46x4.99x12.38x2.64% 367B
106.52x5.95x25.12x2.33% 360B
21.18x5.54x13.63x2.88% 288B
21.7x4.38x12.55x2.01% 258B
27.46x7.06x12.64x2.33% 234B
-45.63x6.99x27.07x2.11% 194B
Average 29.21x 6.67x 18.35x 1.97% 394.58B
Weighted average by Cap. 34.72x 8.20x 20.04x 1.83%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ipca Laboratories Limited

Historical PBR trend

Valuation ratios - PBR - Ipca Laboratories Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ipca Laboratories Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ipca Laboratories Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ipca Laboratories Limited
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