Company Valuation: Ipca Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 270,385 205,589 313,934 381,038 406,231 502,537 - -
Change - -23.96% 52.7% 21.38% 6.61% 23.71% - -
Enterprise Value (EV) 1 275,070 201,870 325,349 391,231 408,673 491,887 482,581 470,394
Change - -26.61% 61.17% 20.25% 4.46% 20.36% -1.89% -2.53%
P/E 30.6x 43.6x 57.4x 51.6x 35.6x 33.1x 28.2x 25x
PBR 4.92x 2.58x 4.96x 5.48x 5.04x 5.36x 4.6x 4x
PEG - -0.9x 3.6x 1.5x 0.7x 1x 1.6x 1.9x
Capitalization / Revenue 4.64x 3.29x 4.07x 4.26x 4.21x 4.57x 4.1x 3.71x
EV / Revenue 4.72x 3.23x 4.22x 4.38x 4.24x 4.48x 3.93x 3.47x
EV / EBITDA 21x 21.8x 24.6x 22.7x 20.7x 19.5x 16.5x 14.3x
EV / EBIT 25.6x 30.3x 33.8x 29.5x 26.2x 24.1x 20.5x 17.4x
EV / FCF 72.9x 64.8x 60.9x 71.7x 83.5x 62.8x 39.9x 30x
FCF Yield 1.37% 1.54% 1.64% 1.4% 1.2% 1.59% 2.5% 3.34%
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% 0.29% 0.31% 0.36%
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 1,980.80 1,980.80 1,980.80
Nbr of stocks (in thousands) 253,704 253,704 253,704 253,704 253,704 253,704 - -
Announcement Date 24/05/22 29/05/23 29/05/24 29/05/25 29/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.43x4.38x19.08x0.3% 5.17B
37.58x13.15x27.92x0.53% 1,140B
38.98x6.55x18.43x2% 641B
37.5x8.41x17.39x2.4% 507B
21.33x5.19x12.91x2.53% 383B
102.5x5.75x24.67x2.42% 347B
21.61x5.64x13.85x2.84% 293B
22.44x4.53x12.94x1.95% 266B
28.21x7.23x12.94x2.27% 240B
-46.25x7.08x27.47x2.08% 197B
Average 29.63x 6.79x 18.76x 1.93% 401.9B
Weighted average by Cap. 35.01x 8.32x 20.42x 1.8%

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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