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Divi's Laboratories Limited DIVISLAB.NS

IN · National Stock Exchange of India · XNSE · stock · Healthcare · website

Divi's Laboratories Limited statistics & valuation

Market cap₹2.25T
P / E87.6×
P / S21.5×
P / B13.4×
P / FCF1032.3×
Net margin24.5%
FCF margin2.1%
Net cash₹1.2B
Enterprise value USD$23.6B
Earnings yield EBIT/EV1.3%
Return on capital16.6%
Graham number -86.2%₹1,172.36

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹1,172.36); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
23.80% 20.50% 23.50% 24.50% 2023202420252026
Gross margin (%)
58.50% 58.10% 58.50% 59.10% 2023202420252026
Operating margin (%)
26.40% 23.50% 27.60% 28.40% 2023202420252026
Return on equity (%)
14.30% 11.80% 14.60% 15.30% 2023202420252026
Shares outstanding
265.5M 265.5M 265.5M 265.5M 2023202420252026
Net debt (₹)
-₹1.66B -₹3.60B -₹4.11B -₹1.21B 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
12.60% 10.30% 12.90% 12.80% 2023202420252026
Free cash flow margin (%)
25.90% 3.30% 2.30% 2.10% 2023202420252026
Debt / equity (×)
0.00× 0.00× 0.00× 0.00× 2023202420252026
EPS (₹)
₹68.69 ₹60.27 ₹82.53 ₹96.75 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Divi's Laboratories Limited trades at about 87.6× earnings — above its 10-year norm (10-year range 47.6×–73.8×, median 67.2×).

47.6× 87.6×

Shaded band = 10-year range (47.6×–73.8×); dot = today's 87.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin59.1%58.5%58.1%58.5%
Operating margin28.4%27.6%23.5%26.4%
Net margin24.5%23.5%20.5%23.8%
FCF margin2.1%2.3%3.3%25.9%
Return on assets12.8%12.9%10.3%12.6%
Return on equity15.3%14.6%11.8%14.3%
Current ratio5.436.947.578.46

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.