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Unichem Laboratories Ltd (UNICHEMLAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506690 NSE: UNICHEMLAB Pharmaceuticals & Drugs | Small Cap | Unichem Lab Share Price

₹449.50 -12.20 (-2.64%)

As on 12-Jun'26 10:47

Unichem Laboratories Ltd (UNICHEMLAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 506690 NSE: UNICHEMLAB Pharmaceuticals & Drugs | Small Cap | Unichem Lab Share Price

₹449.50 -12.20 (-2.64%)

As on 12-Jun'26 10:47

Key Metrics
Valuation Multiples
Market Cap
₹3,251 Cr.
Current Price
₹449.5
52-Week Low / High
₹280 / 666
TTM EPS
₹22.6
TTM Sales
₹1,412 Cr.
Book Value per Share
₹371.1
P/E Ratio
20.45
Industry PE
46.9
Price to Book (P/B)
1.24
Higher than its 5-year historical median
Price to Sales (P/S)
2.30
In line with its 5-year historical median
EV/EBITDA
26.89
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
6.87%
Underperforms industry median
Return on Capital Employed (ROCE)
7.72%
Underperforms industry median
Return on Assets (ROA)
5.48%
Operating Profit Margin
14.6%
Net Profit Margin
9.39%
Gross Profit Margin
16.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
20.35%
Operating Profit Growth (1 Year)
-
398.68%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
70.22%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,598 Cr.
Equity
₹14.1 Cr.
Face Value
₹2
All Time Low / High
₹1.50 / 949.85

Unichem Laboratories stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Unichem Laboratories Ltd a good quality company?
Unichem Laboratories Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Unichem Laboratories Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Unichem Laboratories Ltd vs industry peers?
Unichem Laboratories Ltd revenue CAGR is 13.92%, compared to the industry median CAGR of 5.35%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Unichem Laboratories Ltd?
Promoters hold 70.22% of the Unichem Laboratories Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Unichem Laboratories Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Unichem Laboratories Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12.8%-8.3%-6.1%-0.8%-2.3%2.5%-3.1%-10.2%-3.4%7.7%-
Value Creation
Index
-0.1-1.6-1.4-1.1-1.2-0.8-1.2-1.7-1.2-0.5-

Growth Parameters

Sales 1,2215766669689041,1249431,0721,4421,7361,412
Sales YoY Gr.--52.8%15.6%45.3%-6.5%24.3%-16.1%13.7%34.5%20.4%-
Adj EPS 11.9-6.4-17.80.9-13.66.5-9.5-34.6-9.62022.6
YoY Gr.--153.6%NANA-1677.9%NA-244.9%NANANA-
BVPS (₹) 112.9124.3392.6387.6375.3382378336.9325.5348.7371.1
Adj Net
Profit
108-58.2-1256-95.545.9-66.5-243-67.9140159
Cash Flow from Ops. 117141-66.3-251-41.8-32.6-158-117-41.672.3-
Debt/CF from Ops. 0.10-00-0.40-0.8-0.9-1.51.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4%13.9%22.6%20.4%
Adj EPS 5.9%NANANA
BVPS13.3%-1.5%-2.7%7.1%
Share Price 6.2% 6.4% 6.6% -28.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
11-5.4-6.40.2-3.61.7-2.5-9.6-2.95.96.3
Op. Profit
Mgn %
13.5-5.4-19.1-5-9.98.5-4-8.73.514.63.4
Net Profit
Mgn %
8.9-10.1-18.80.6-10.64.1-7.1-22.7-4.78.111.3
Debt to
Equity
0000000.1000.10
Working Cap
Days
173419371298385344444421339319192
Cash Conv.
Cycle
63181152122175154245243191190138

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,2215766669689041,1249431,0721,4421,736
Operating Expenses + 1,0786348021,0299951,0299861,1651,3911,482
Manufacturing Costs170131164306293276266290329345
Material Costs396188275339311359325455592685
Employee Cost 210118147177205234251271283288
Other Costs 303197217207186160145149187164
Operating Profit 142-58-136-61-9195-44-9351254
Operating Profit Margin (%) 11.7%-10.1%-20.5%-6.3%-10.0%8.5%-4.6%-8.7%3.5%14.6%
Other Income + 23763102994742423041
Exceptional Items -4000000-113-584
Interest 22311129108
Depreciation 35394562717683106105108
Profit Before Tax 124-92-122-22-6466-87-279-92183
Tax 24-17-0-29-712-3121020
Profit After Tax 100-76-1217-5654-55-300-92163
PAT Margin (%) 8.2%-13.1%-18.2%0.7%-6.2%4.8%-5.9%-28.0%-6.4%9.4%
Adjusted EPS (₹)11.1-8.3-17.31.0-8.07.7-7.9-42.6-13.123.2
Dividend Payout Ratio (%)18.10%-36.10%-29%399.80%-50%52.10%-50.80%0%0%0%

Valuation of Unichem Lab - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1,0261,1292,7612,7282,6422,6902,6612,3722,2922,455
Share Capital 18181414141414141414
Reserves 1,0081,1112,7472,7142,6282,6762,6472,3582,2772,441
Debt +8100150100763882
Long Term Debt00000089643861
Short Term Debt81001501112021
Minority Interest0000000000
Trade Payables190228212193208189157244249262
Others Liabilities 149144135109159241203193262311
Total Liabilities 1,3731,5033,1083,0303,0253,1193,1222,8862,8423,109

Fixed Assets

Net Fixed Assets +3814645517858258469631,2361,1651,275
Gross Block4155366559391,0381,1281,3241,6911,7181,926
Accumulated Depreciation3371104154213282360455553651
CWIP 2332472369033156849414812231
Investments 111899791,042668520390414446
Inventories201254208274316386461480501584
Trade Receivables265296232331323360381472558748
Cash Equivalents 1110674191205589915712989
Others Assets 173142229316357380334352322337
Total Assets 1,3731,5033,1083,0303,0253,1193,1222,8862,8423,109

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 117141-66-251-42-33-158-117-4272
PBT 1241323,249-19-6466-87-279-92183
Adjustment 5672-3,214-7-65072203165107
Changes in Working Capital -33-36-103-21825-148-148-41-115-217
Tax Paid -31-272-73-04-0-0-0
Cash Flow From Investing Activity + -87-1321,648-323-36-8010620253-132
Capex -134-142-153-189-377-285-126-36-11-110
Net Investments 2712,480-147296187204237651
Others 209-679144518292-1-24
Cash Flow From Financing Activity + -39-9-930-45-21-4596-62-48-5
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00-0-000-10-26-2625
Interest Paid -2-2-3-2-1-1-2-9-10-6
Dividend Paid -43-1-33-42-34-29-28-28-0-0
Others 6-7-894014-151351-13-23
Net Cash Flow -9-0653-619-98-1584423-36-64

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)10.19-7.01-6.240.26-2.12.03-2.07-11.91-3.956.87
ROCE (%)12.75-8.33-6.08-0.76-2.322.5-3.08-10.21-3.387.72
Asset Turnover Ratio0.950.40.290.320.30.370.30.360.50.58
PAT to CFO Conversion(x)1.17N/AN/A-35.86N/A-0.61N/AN/AN/A0.44
Working Capital Days
Receivable Days69.50177.50144.70106.20132.10111143.50145.10130.40137.40
Inventory Days57.20143.80126.4090.90119113.90163.90160.10124.10114
Payable Days153.30405.50292.30217.40235.10201.50194.40160.90152.20136.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Unichem Laboratories Ltd FAQs

The current trading price of Unichem Lab on 12-Jun-2026 10:47 is ₹449.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Jun-2026 the market cap of Unichem Lab stood at ₹3,250.6 Cr

The latest P/E ratio of Unichem Lab as of 11-Jun-2026 is 20.45.

The latest P/B ratio of Unichem Lab as of 11-Jun-2026 is 1.24.

The 52-week high of Unichem Lab is ₹666.0 and the 52-week low is ₹280.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Unichem Lab is ₹1,412 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Unichem Laboratories Ltd is a below average quality company.

The key valuation ratios of Unichem Laboratories Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Unichem Laboratories Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Unichem Laboratories Ltd

Unichem Laboratories, incorporated in 1962, is engaged in manufacturing formulations, pharmaceuticals and active pharmaceutical ingredients (APIs). The company was promoted by the late Amrut Mody, a pioneer in the Indian pharmaceuticals business.

The company offers products in therapeutic areas like gastro-intestinal, cardiovascular, diabetes, psychiatry, neurology, anti-bacterial, anti-infective and pain management, among others.

Headquartered in Mumbai, the company operates at five manufacturing locations in Roha (Maharashtra), Goa, Ghaziabad (Uttar Pradesh), Pithampur (Madhya Pradesh) and Baddi (Himachal Pradesh).

The company’s manufacturing facilities have received approval from various international agencies namely UK MHRA, MCC (South Africa), WHO (Geneva) and TGA (Australia). The manufacturing plants have also received ISO 9001:2000 and ISO 14001:2004 certifications for quality management.

Unichem also operates a research and development facility located at Jogeshwari (Mumbai). This facility conducts research in area of Novel Drug Delivery Systems (NDDS) and develops non-infringing routes for the manufacture of products directed at the regulated markets.

Milestones

1944- Unichem was commissioned by Late Amrut Mody.

1952- The company forayed into exporting activities.

1953- Unichem entered into hormonal products segment. The same year it launched UNIPROGESTIN.

1962- The company collaborated with foreign entity UCB for bulk-drugs. It set up its first formulation plant at Jogeshwari. The company got listed at Bombay Stock Exchange. Unichem launched OESTROGEN and Progestin.

1963- The company entered co-marketing of formulations tie up with Uni Sankyo.

1968- Unichem set up a formulation plant at Ghaziabad.

1970- As part of back integration strategy, the company commissioned manufacturing of Anti-TB Drugs.

1972- As an acknowledgement for Late Amrut Mody’s  pioneering effort in Indian pharma industry, he was awarded Padma Bhushan.

1973- Unichem's research laboratory was recognised for Phd work by Bombay University. Unichem's R&D centre was recognised by Department of Science and Technology.

1976- The company set up a fine chemicals unit at Roha.

1978- Unichem commissioned its Roha bulk drug plant.

1979- The company received its first clearance from drug authorities for NEFEDIFINE.

1983- Unichem received the USFDA approval for hydrochlorothiazide manufactured at the Jogeshwari plant. The company introduced Anti-TB - Isoniazid, Rifampicin in white tablet form for the first time in India.

1984- UNISEARCH was established in collaboration with Upjohn. The company forayed anti-biotic segment and launched Ampoxin (Ampicillin and Cloxacillin combination).

1987- The company entered the animal health care business.

1994-1999- Unichem underwent thorough restructuring and transformation in line with future growth strategies.

1996- Two companies namely Unichem Exports and Unisearch was merged with Unichem Laboratories.

1997- The company’s formulation plant located at Goa was commissioned. It set up new corporate office set up at Unichem Bhavan Jogeshwari, Mumbai.

1998- The company’s formulations plant located at Baddi was fully operational.

1997-2000- The company implemented BaaN ERP.

1999- Unichem set up a modern multipurpose bulk drug plant located at Roha. Molecular generics division was launched.

2000- The drug major received South African Health Authority and UK MCA (MHRA) certifications for Goa and Baddi Plants

2001- Unichem set up new research and development centre at Mumbai. The same year it also set up New Biosciences R&D Centre located at Bangalore that would conduct research work in Bio-technology

2002- It formed a joint venture in UK called Niche Generics.

2002-2003- The company divested its animal healthcare division. It established subsidiaries in South Africa and Brazil. The company also undertook modernization of formulations plant located at Ghaziabad.

2004- Unichem conducted restructuring of Unisearch and launched of Unisearch CD Division.

2005- The company set up of new pharma technology development center located at Goa. Unichem Baddi Unit II plant was commissioned. It acquired API manufacturing unit at Pithampur

2006- The company received USFDA certification for the Goa Plant. It launched specialities division. In the same year it acquired 100% stake in Niche Generics, United Kingdom.

2007- Unikare division launched that catered to Dermatology and Allied therapies segment.

Future Strategies

Unichem will continue to work on the therapeutic segments and will develop cost effective processes for the existing molecules. It will also focus on develop new drug delivery systems and new products for international business.

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