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← CockpitCompetitor Analysis › MOREPENLAB.NS Morepen Laboratories LimitedOpen in the cockpit ↗

Morepen Laboratories LimitedMOREPENLAB.NSCompetitor analysis, valuation and peers

India · INR·Pharma & Healthcare›Pharmaceuticals: Major
Momentum leader 95
Mkt cap
$529M
US dollars, full cap
Free float
57%
of shares outstanding
$/day
$8.01M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-3.5 pp
WACC 16.1%
Hurdle
n/a
no reverse DCF
Close · INR₹92.25
1D-5.0%
1W-18.6%
1M-37.2%
3M+16.1%
6M+109.5%
YTD+124.6%
1Y+91.2%
ATR %8.4%
Beta1.06
52w lowhigh38.8% off high

What Morepen Laboratories does

Employees: 3,069

Morepen Laboratories at a glance

Size Morepen Laboratories (MOREPENLAB.NS) is an India Health Care company (Pharmaceuticals: Major) with a market value of $529M, the 818th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹92.25 on 6 Nov 2026.

Performance Over six months the shares gained 109.5%, against -16.1% for the median peer and 0.0% for the India market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 30.2% over the last twelve months (peer median +9.4%); the operating margin is 10.6% (peer median 6.8%).

Valuation It trades at 2.2× enterprise value to sales against a peer median of 4.1× (5th cheapest of 18).

Capital Return on invested capital runs 3.5 points below its cost of capital (16.1% WACC).

Relative performance

10020030011 May 202611 Aug 20266 Nov 2026MOREPENLAB.NS 202Peer median 83
Six months, rebased to 100: Morepen Laboratories against the median of its 20 peers (local-currency closes).

Morepen Laboratories financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹22.9B₹18.0B₹18.1B₹16.8B₹14.1B
Revenue growth—0%+7%+19%—
Gross profit₹6.34B₹3.18B₹3.17B₹3.26B₹2.19B
EBITDA₹2.76B₹1.22B₹1.70B₹1.50B₹764M
Net income₹1.89B₹949M₹1.18B₹962M₹387M
Free cash flown/a-₹693M-₹1.00B-₹117M-₹1.39B
Capital expendituren/a₹2.04B₹2.38B₹813M₹460M
Total debt₹3.23B₹2.08B₹1.05B₹290M₹252M

Quarterly statements and history in the cockpit →

Morepen Laboratories competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%+20%003850EGTX6002226620301201GUJTHEM301277CAPR6036764559002107603207600513ENTXINDPORCHPHARMA603222GYREMOREPENLAB.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Morepen Laboratories is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%0×25×50×75×003850EGTX6002226620301201GUJTHEM3012776036764559002370603222GYREMOREPENLAB.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Morepen Laboratories is the large dot.

Morepen Laboratories competitors and peer comparison

How Morepen Laboratories compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Morepen Laboratories against its 20 peers (data as of 6 Nov 2026)
MeasureMOREPENLAB.NSPeer medianRank in peer set
1-month return-37.2%-10.0%lowest of 21
6-month return+109.5%-16.1%2nd highest of 21
Distance from 52-week high-38.8%-32.1%9th lowest of 21
Revenue growth (TTM)+30.2%+9.4%3rd highest of 20
Operating margin10.6%6.8%8th highest of 18
EV / Sales2.2×4.1×5th cheapest of 18
ROIC minus cost of capital-3.5 pp-2.6 pp9th lowest of 19
EV / EBITDA18.3×22.1×2nd cheapest of 4
Net debt / EBITDA0.2×1.1×2nd least indebted of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Morepen Laboratories MOREPENLAB.NSIndia$529M+110%+30%11%2.2×n/an/a
Boryung 003850.KSSouth Korea$531M-14%+6%6%0.7×-8.9%+12.6%
Egetis Therapeutics EGTX.STSweden$528M+67%+39%-604%73.5×n/an/a
Henan Taloph Pharmaceutical Stock 600222.SSChina$533M-5%-5%7%2.7×17.7%+4.4%
Handa Pharmaceuticals 6620.TWOTaiwan$525M+43%+68%37%11.3×12.9%+126.7%
ChengDa PharmaCeuticals 301201.SZChina$535M-43%+27%-9%5.7×n/an/a
Gujarat Themis Biosyn GUJTHEM.NSIndia$524M-5%+18%39%28.5×n/an/a
Newland Pharmaceutical 301277.SZChina$523M-22%+9%11%3.9×10.2%+9.1%
Capricor Therapeutics CAPRUnited States$523M-73%-100%n/an/an/an/a
Xizang Weixinkang Pharmaceutical 603676.SSChina$538M-22%-8%16%2.4×-5.2%+9.6%
Hefei Lifeon Pharmaceutical 003020.SZChina$520M-20%-1%10%2.1×n/an/a
Zeria Pharmaceutical 4559.TJapan$540M-6%+12%15%1.0×-12.5%+11.1%
Shandong Wohua Pharmaceutical 002107.SZChina$519M-18%-4%18%4.0×6.7%-4.1%
Shanghai Xiao Fang Pharmaceutical 603207.SSChina$544M-14%+10%39%5.3×-3.9%+7.6%
Zhejiang Yatai Pharmaceutical 002370.SZChina$514M-32%-4%-11%9.8×n/an/a
Jiangsu Lianhuan Pharmaceutical 600513.SSChina$546M-44%+14%0%1.9×n/an/a
Entera Bio ENTXUnited States$546M+142%-100%n/an/an/an/a
Indaptus Therapeutics INDPUnited States$510M+64%n/an/an/an/an/a
Orchid Pharma ORCHPHARMA.NSIndia$551M+27%+11%0%5.5×n/an/a
Chimin Health Management 603222.SSChina$553M-28%+1%-28%6.8×n/an/a
Gyre Therapeutics GYREUnited States$505M-36%+17%-11%4.1×n/an/a

Questions

Which companies are Morepen Laboratories's closest peers?
The cockpit's peer set: Boryung (003850.KS), Egetis Therapeutics (EGTX.ST), Henan Taloph Pharmaceutical Stock (600222.SS), Handa Pharmaceuticals (6620.TWO), ChengDa PharmaCeuticals (301201.SZ), Gujarat Themis Biosyn (GUJTHEM.NS), Newland Pharmaceutical (301277.SZ), Capricor Therapeutics (CAPR).
Is Morepen Laboratories expensive compared with its peers?
On ev / sales it trades at 2.2× against a peer median of 4.1×, 5th cheapest of 18 in its peer set.
How has Morepen Laboratories stock performed?
Over six months to 6 Nov 2026 the shares returned +109.5% against -16.1% for the median peer; over one year +91.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.