MOREPENLAB

Morepen Laboratories Share Price

₹88.94
-3.07 (-3.34%)
18 September, 2024 02:46 BSE: 500288 NSE: MOREPENLAB ISIN: INE083A01026

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Morepen Laboratories Performance

Day Range

  • Low 88
  • High 92
₹ 88

52 Week Range

  • Low 31
  • High 101
₹ 88
  • Open Price92
  • Previous Close92
  • Volume9517358

Morepen Laboratories Chart

  • Over 1 Month + 46.16%
  • Over 3 Month + 58.48%
  • Over 6 Month + 111.76%
  • Over 1 Year + 136.54%

Morepen Laboratories Key Statistics

P/E Ratio 41.4
PEG Ratio 0.3
Market Cap Cr
Price to Book Ratio 5.8
EPS 2
Dividend 0
Relative Strength Index 61.54
Money Flow Index 73.44
MACD Signal 7.6
Average True Range 5.3

Morepen Laboratories Investment Rating

  • Master Rating:
  • Morepen Laboratories has an operating revenue of Rs. 1,744.61 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 8% is okay, ROE of 11% 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 comfortably placed above its key moving averages, around 37% and 75% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 87 which is a GOOD score indicating consistency in earnings, a RS Rating of 90 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 46 indicates it belongs to a fair industry group of Medical-Diversified and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Morepen Laboratories Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 386393395381369337
Operating Expenses Qtr Cr 337336344351344321
Operating Profit Qtr Cr 495651302515
Depreciation Qtr Cr 476555
Interest Qtr Cr 112001
Tax Qtr Cr 121312763
Net Profit Qtr Cr 354035201610
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,5501,345
Operating Expenses Annual Cr 1,3761,262
Operating Profit Annual in Cr 16277
Depreciation Cr 2218
Interest Annual Cr 42
Tax Annual Cr 3817
Net Profit Annual Cr 11146
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 77-102
Cash from Investing Activity Annual Cr -84-36
Cash from Financing Annual Activity Cr 0144
Net Cash Flow Annual Cr -66
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 889780
Fixed Assets Annual Cr 241188
Total Non Current Assets Annual Cr 436375
Total Current Assets Annual Cr 843731
Total Assets Annual Cr 1,2791,106
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 1715
ROE Annual % 126
ROCE Annual % 168
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 116
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 455423445422401364
Operating Expenses Qtr Cr 404375394388375348
Operating Profit Qtr Cr 524851342616
Depreciation Qtr Cr 6108887
Interest Qtr Cr 112001
Tax Qtr Cr 121312763
Net Profit Qtr Cr 36283221158
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,7041,424
Operating Expenses Annual Cr 1,5321,338
Operating Profit Annual in Cr 15980
Depreciation Cr 3328
Interest Annual Cr 42
Tax Annual Cr 3917
Net Profit Annual Cr 9639
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 73-91
Cash from Investing Activity Annual Cr -83-47
Cash from Financing Annual Activity Cr 5144
Net Cash Flow Annual Cr -56
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 847753
Fixed Assets Annual Cr 257210
Total Non Current Assets Annual Cr 404354
Total Current Assets Annual Cr 889756
Total Assets Annual Cr 1,2931,110
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 1715
ROE Annual % 115
ROCE Annual % 167
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 106

Morepen Laboratories Technicals

EMA & SMA

Current Price
₹88.94
-3.07 (-3.34%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹85.25
  • 50 Day
  • ₹73.75
  • 100 Day
  • ₹64.58
  • 200 Day
  • ₹55.95
  • 20 Day
  • ₹85.89
  • 50 Day
  • ₹69.63
  • 100 Day
  • ₹60.00
  • 200 Day
  • ₹53.87

Morepen Laboratories Resistance and Support

PIVOT
₹89.82
Resistance
First Resistance 91.48
Second Resistance 94.01
Third Resistance 95.68
RSI 61.54
MFI 73.44
MACD Single Line 7.60
MACD 7.19
Support
First Support 87.28
Second Support 85.61
Third Supoort 83.08

Morepen Laboratories Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,166,975 414,100,892 40.73
Week 14,397,826 467,209,460 32.45
1 Month 42,024,495 1,086,753,451 25.86
6 Month 13,917,354 417,798,954 30.02

Morepen Laboratories Result Highlights

Morepen Laboratories Synopsis

NSE-Medical-Diversified

Morepen Labs.Lt is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 1338.88 Cr. and Equity Capital is Rs. 102.23 Cr. for the Year ended 31/03/2023. Morepen Laboratories Ltd. is a Public Limited Listed company incorporated on 01/12/1984 and has its registered office in the State of Himachal Pradesh, India. Company’s Corporate Identification Number(CIN) is L24231HP1984PLC006028 and registration number is 006028.
Market Cap 5,042
Sales 1,554
Shares in Float 35.07
No of funds 46
Yield
Book Value 5.29
U/D Vol ratio 3.5
LTDebt / Equity
Alpha 0.21
Beta 1.68

Morepen Laboratories Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 38.22%38.22%38.22%38.22%
Mutual Funds 0.05%
Insurance Companies 1.01%1.01%1.01%1.02%
Foreign Portfolio Investors 1.67%1.85%2.11%1.29%
Financial Institutions/ Banks 0.21%0.92%0.22%0.98%
Individual Investors 45.22%45.03%44.45%45.56%
Others 13.67%12.97%13.99%12.88%

Morepen Laboratories Management

Name Designation
Mr. Sushil Suri Chairman & Managing Director
Mr. Sanjay Suri Whole Time Director
Mr. Manoj Joshi Independent Director
Mr. Bhupender Raj Wadhwa Independent Director
Mr. Sukhcharan Singh Independent Director
Mr. Praveen Kumar Dutt Independent Director
Mrs. Savita Independent Director

Morepen Laboratories Forecast

Price Estimates

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

Other Analyst Rating

Morepen Laboratories Corporate Action

Date Purpose Remarks
2024-08-12 Quarterly Results
2024-05-21 Audited Results
2024-01-31 Quarterly Results
2023-11-02 Quarterly Results
2023-08-05 Quarterly Results

Morepen Laboratories MF Shareholding

Name Amount(cr)

Morepen Laboratories FAQs

What is Share Price of Morepen Laboratories ?

Morepen Laboratories share price is ₹88 As on 18 September, 2024 | 02:32

What is the Market Cap of Morepen Laboratories ?

The Market Cap of Morepen Laboratories is ₹4873.5 Cr As on 18 September, 2024 | 02:32

What is the P/E ratio of Morepen Laboratories ?

The P/E ratio of Morepen Laboratories is 41.4 As on 18 September, 2024 | 02:32

What is the PB ratio of Morepen Laboratories ?

The PB ratio of Morepen Laboratories is 5.8 As on 18 September, 2024 | 02:32

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