Neuland Laboratories Ltd.

NSE: NEULANDLAB | BSE: 524558 | ISIN: INE794A01010 | Industry: Pharmaceuticals
| Falling Comet
11878.0000 -122.00 (-1.02%)
NSE Jul 01, 2025 15:31 PM
Volume: 17,164
 

11878.00
-1.02%
HDFC Securities
Remain bullish on the stock and maintain BUY with a TP of Rs 830 (14x Dec-20E EPS). Neuland Labs (NLL) reported encouraging numbers with 41% YoY revenue growth and a 73% YoY jump in EBITDA in 3QFY19. However, EBITDA margin remained muted at 9% of sales (in line) on account of continued raw material pressure, underutilized facilities and inferior business mix. PAT at Rs 46mn was up 5x YoY.
Number of MF schemes increased from 16 to 23 in Mar 2025 qtr.
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