DIVISLAB

Divi's Laboratories Share PriceDivi's Laboratories

₹3,681.75
-52.6 (-1.41%)
  • Advice
  • Hold
As on 11 December, 2023 | 02:47 BSE: 532488 NSE: DIVISLABISIN: INE361B01024

Divi's Laboratories Performance

Day Range

  • Low 3,662.40
  • High 3,747.45
₹ 3,681.75

52 Week Range

  • Low 2,730.00
  • High 3,934.70
₹ 3,681.75
  • Open Price3,739.00
  • Previous Close3,734.35
  • Volume455037

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Divi's Laboratories Share Price

  • Over 1 Month 5.47%
  • Over 3 Month -0.46%
  • Over 6 Month 5.2%
  • Over 1 Year 11.99%

Divi's Laboratories Key Statistics

P/E Ratio 73.4
PEG Ratio -1.3
Market Cap Cr 97,739
Price to Book Ratio 7.7
EPS 68.1
Dividend 0.8
Relative Strength Index 52.01
Money Flow Index 69.92
MACD Signal 48.3
Average True Range 70.6

Divi's Laboratories Investment Rating

  • Master Rating:
  • Divis Laboratories (Nse) has an operating revenue of Rs. 7,345.45 Cr. on a trailing 12-month basis. An annual revenue de-growth of -11% needs improvement, Pre-tax margin of 30% is great, ROE of 14% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 7% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 33 which is a POOR score indicating inconsistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 68 indicates it belongs to a poor industry group of Medical-Generic Drugs and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Divi's Laboratories Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,8681,7301,9081,6901,8232,2042,495
Operating Expenses Qtr Cr 1,3941,2391,4191,2801,2141,3661,399
Operating Profit Qtr Cr 4744914894096098381,096
Depreciation Qtr Cr 94938787858381
Interest Qtr Cr 1000000
Tax Qtr Cr 122133149128116152183
Net Profit Qtr Cr 342345319311487692883
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 7,9748,991
Operating Expenses Annual Cr 5,2785,003
Operating Profit Annual in Cr 2,3483,876
Depreciation Cr 342311
Interest Annual Cr 11
Tax Annual Cr 546728
Net Profit Annual Cr 1,8082,949
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,9101,910
Cash from Investing Activity Annual Cr -2,195-2,195
Cash from Financing Annual Activity Cr -532-532
Net Cash Flow Annual Cr -817
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 12,70511,691
Fixed Assets Annual Cr 4,9314,791
Total Non Current Assets Annual Cr 5,1165,012
Total Current Assets Annual Cr 9,2358,296
Total Assets Annual Cr 14,35213,308
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 479440
ROE Annual % 1425
ROCE Annual % 1830
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3545
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,9091,7781,9511,7081,8552,2552,518
Operating Expenses Qtr Cr 1,4301,2741,4631,2991,2341,4081,414
Operating Profit Qtr Cr 4795044884086218471,104
Depreciation Qtr Cr 95938787868481
Interest Qtr Cr 1000000
Tax Qtr Cr 121136146129122149181
Net Profit Qtr Cr 348356321307494702895
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,1129,074
Operating Expenses Annual Cr 5,4005,078
Operating Profit Annual in Cr 2,3683,882
Depreciation Cr 343312
Interest Annual Cr 11
Tax Annual Cr 545723
Net Profit Annual Cr 1,8232,960
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,9121,912
Cash from Investing Activity Annual Cr -2,195-2,195
Cash from Financing Annual Activity Cr -532-532
Net Cash Flow Annual Cr -816
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 12,76711,728
Fixed Assets Annual Cr 4,9344,795
Total Non Current Assets Annual Cr 5,1275,023
Total Current Assets Annual Cr 9,3128,352
Total Assets Annual Cr 14,43913,375
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 481442
ROE Annual % 1425
ROCE Annual % 1830
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3545

Divi's Laboratories Technicals

EMA & SMA

Current Price
₹3,681.75
-52.6 (-1.41%)
pointer
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • ₹3,684.89
  • 50 Day
  • ₹3,643.52
  • 100 Day
  • ₹3,610.63
  • 200 Day
  • ₹3,561.81
  • 20 Day
  • ₹3,675.84
  • 50 Day
  • ₹3,618.67
  • 100 Day
  • ₹3,661.46
  • 200 Day
  • ₹3,440.73

Divi's Laboratories Resistance and Support

PIVOT
₹3,697.2
Resistance
First Resistance 3,732.00
Second Resistance 3,782.25
Third Resistance 3,817.05
RSI 52.01
MFI 69.92
MACD Single Line 48.30
MACD 47.83
Support
First Resistance 3,646.95
Second Resistance 3,612.15
Third Resistance 3,561.90

Divi's Laboratories Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 461,356 26,551,038 57.55
Week 369,078 22,358,745 60.58
1 Month 406,281 18,339,503 45.14
6 Month 445,556 17,251,930 38.72

Divi's Laboratories Result Highlights

Divi's Laboratories Synopsis

NSE-Medical-Generic Drugs

Divi's Lab is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 7625.30 Cr. and Equity Capital is Rs. 53.09 Cr. for the Year ended 31/03/2023. Divi's Laboratories Ltd. is a Public Limited Listed company incorporated on 12/10/1990 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L24110TG1990PLC011854 and registration number is 011854.
Market Cap 97,739
Sales 7,196
Shares in Float 12.74
No of funds 757
Yield 0.81
Book Value 7.69
U/D Vol ratio 1.1
LTDebt / Equity
Alpha 0.04
Beta 0.26

Divi's Laboratories

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 51.93%51.93%51.94%51.94%
Mutual Funds 13.62%13.2%13.15%12.68%
Insurance Companies 7.17%6.91%6.78%6.76%
Foreign Portfolio Investors 14.6%14.69%14.67%15.15%
Financial Institutions/ Banks 0.18%0.12%0.11%0.12%
Individual Investors 9.02%9.27%9.61%9.52%
Others 3.48%3.88%3.74%3.83%

Divi's Laboratories Management

Name Designation
Dr. Ramesh B V Nimmagadda Non Exe.Chairman&Ind.Director
Dr. Murali K Divi Managing Director
Dr. Kiran S Divi WholeTime Director & CEO
Ms. Nilima Prasad Divi Whole Time Director
Mr. Madhusudana Rao Divi Whole Time Director
Mr. N V Ramana Executive Director
Mr. K V K Seshavataram Independent Director
Dr. G Suresh Kumar Independent Director
Mr. R Ranga Rao Independent Director
Prof. Sunaina Singh Independent Director
Dr. S Ganapaty Independent Director
Mr. K V Chowdary Independent Director

Divi's Laboratories Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Divi's Laboratories Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-14 Quarterly Results
2023-05-20 Audited Results & Final Dividend
2023-02-03 Quarterly Results
2022-11-07 Quarterly Results
Date Purpose Remarks
2023-08-11 FINAL Rs.30.00 per share(1500%)Final Dividend
2022-08-12 FINAL Rs.30.00 per share(1500%)Dividend

Divi's Laboratories MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
HDFC Balanced Advantage Fund Growth 63,981
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
UTI Nifty 50 Exchange Traded Fund 42,363
SBI Bluechip Fund Regular Growth 38,598

About Divi's Laboratories

Established in 1990, the Indian multinational pharmaceuticals company Divis Laboratories Limited is a manufacturer of active pharmaceutical ingredients (APIs)including generic APIs, Nutraceutical Ingredients, and Custom Synthesis of the APIs providing high-quality products to over 95 countries. It is headquartered in Hyderabad, Telangana, India.

Divis Laboratories is among the world's leading manufacturers of generic APIs, offering a competitive advantage over the entire life cycle of the products. Competent in handling high-potency, high-energy reactions to fulfil the unmet needs of the big pharma customers, Divis Laboratories is the second most valuable pharmaceutical firm in India by market value.

In 1990, Divis Laboratories was founded as Divis Research Centre. Initially, the company began developing commercial techniques for the production of APIs and intermediates. In 1994, Divis Research Centre rebranded as Divis Laboratories Limited to indicate its entry into the API and intermediates manufacturing industry.

1997: The United Kingdom's SGS–Yarsley certifies Divis Laboratories as ISO–9002 compliant.
1999: The European Directorate issues a Certificate of Suitability (CoS) for the Naproxen manufactured by Divis Laboratories.
2001: London's BVQI grants Divis OHSAS–18001 Certification (for its Occupational Health and Safety Management Systems).
2003: Divis inaugurates a new research centre dubbed "DRC–Vizag".
2003: Went for IPO and was listed on the BSE, NSE, and HSE stock markets.
2007: Set up Nutraceuticals facility at Unit 2
2008: The third US-FDA examination of Choutuppal(Unit-1).
2008: The Visakhapatnam(Unit–2) is inspected by the KFDA.
2010: Letter of approval received by Divis Laboratories for the establishment and development of a new pharmaceutical ingredient manufacturing unit in SEZ at Visakhapatnam.
2016: First Anvisa (Brazil) inspection
2020: 8th USFDA inspection at unit 2.

Shareholding Pattern

In addition, public holdings account for 11.3% of the company's equity. The company's equity is held by retail and other investors to the tune of 4.6%.

Corporate Social Responsibility

Corporate Social Responsibility at Divis Laboratories consists of social programs, community service, and environmental impact awareness. Some key initiatives are mentioned below.

Child Empowerment Initiatives- 

Promoting Education
Preventive Healthcare
Empowering Women
Safe Drinking water
Swaach Bharat

Healthcare Initiatives-

Free Eye and Dental care Camps
ORT training and pulse polio campaigns
Incentives for Family Planning and awareness campaigns on HIV/ Aids, epidemics and malaria

Initiatives for Development of Village-

Laying of CC Roads in Villages
Construction of underground Drainages in Villages
Construction of Overhead Tanks
Laying of Gravel Roads from villages to Agricultural Fields
Facilitate Street lights in Villages


FINANCIAL INFORMATION

Bottom Line

The profit recorded has grown exponentially from INR 1219 crore to INR 3676 crore in 5 yrs. This is due to a substantial rise in revenue and a decrease in selling, general, and administrative costs.

Net Worth

It has grown by a whopping INR 5668.59 crore over the last 5 yrs.

 

Divi's Laboratories FAQs

What is Share Price of Divi's Laboratories ?

Divi's Laboratories share price is ₹3,681 As on 11 December, 2023 | 02:33

What is the Market Cap of Divi's Laboratories ?

The Market Cap of Divi's Laboratories is ₹97738.9 Cr As on 11 December, 2023 | 02:33

What is the P/E ratio of Divi's Laboratories ?

The P/E ratio of Divi's Laboratories is 73.4 As on 11 December, 2023 | 02:33

What is the PB ratio of Divi's Laboratories ?

The PB ratio of Divi's Laboratories is 7.7 As on 11 December, 2023 | 02:33

What does Divis Laboratories do?

Divis Laboratories Ltd is an active pharmaceutical ingredient (API) and intermediates company situated in India. Divis Laboratories specialises in the production of leading generic chemicals, nutraceutical components, and custom API and intermediate synthesis for worldwide innovators.

Is Divis Laboratories good for the long term?

Divis Laboratories has an operating revenue of INR 7,437.78 Cr. on a trailing 12-month basis. Annual revenue growth of 26% is outstanding, Pre-tax margin of 38% is great, ROE of 21% is exceptional. Institutional holding in Divis Laboratories has gone up in the last reported quarter is a positive sign. As per analysts rating in the last 6 months, the recommendation is to HOLD Divis Laboratories.

Is Divis Laboratories debt-free?

Divis Laboratories is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.

Who is the owner of Divis Laboratories?

Murali Divi is the founder of Divis Laboratories, one of the top three manufacturers of active pharmaceutical ingredients (API).

How to buy Divis Laboratory?

You can easily buy Divis Laboratory shares by registering at 5Paisa and by setting up a Demat account in your name.

Q2FY23