Valiant Laboratories Ltd.

Valiant Laboratories Ltd.

131.05
INR
-2.67
(-2.00%)
3.00EPS
21.68P/E
3.53BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
38.96
62.27
71.33
44.46
28.49
47.13
57.31
Basic EPS, GAAP
6.54
5.87
6.19
0.08
-0.47
-0.65
3
Free Cash Flow per Basic Share
1.59
-0.99
3.92
-10.74
-24.04
-8.86
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
18.92
15.26
21.47
50.6
50.05
57.24
- -
Tangible Book Value per Share
18.92
15.26
21.47
50.6
50.03
57.22
- -
Basic Weighted Avg Shares
47
47
47
41
47
50
53
Sales/Revenue/Turnover
1,824
2,915
3,339
1,821
1,334
2,375
3,059
Operating Margin (%)
25.99
13.72
10.06
-5.7
-2.64
0.22
8.14
Depreciation Expense
26
25
16
20
21
60
84
Net Income, GAAP
306
275
290
3
-22
-33
160
Effective Tax Rate (%)
34.94
34.07
23.96
- -
- -
525.4
34.73
Profit Margin (%)
16.78
9.43
8.68
0.18
-1.65
-1.38
5.23
Working Capital
700
1,074
999
1,965
1,330
1,089
- -
LT Debt
3
597
600
751
1,046
289
- -
Total Equity
886
715
1,005
2,369
2,343
3,109
- -
Return on Invested Capital (%)
- -
23.48
17.44
- -
- -
-0.38
- -
Return on Capital (%)
- -
24.84
19.91
- -
- -
-3.19
- -
Return on Common Equity (%)
- -
34.36
33.73
0.19
-0.93
-1.2
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
173
- -
LT Borrowings
- -
281
- -
LT Finance Leases
- -
8
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
54
Market Capitalization
3,802
2,804
3,530

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,283
- -
Cash, Cash Equivalents & STI
- -
331
- -
Accounts Receivable, Net
- -
936
- -
Inventories
- -
454
- -
Total Current Liabilities
- -
1,194
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
173
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
37.72%
32.68%
Free Cash Flow
- -
-180.65%
-60.34%
Net Income, GAAP
- -
-168.77%
48.46%
Sales/Revenue/Turnover
- -
16.04%
78.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
189
215
352
578
1,334
2026
468
462
525
920
2,375
2027
1,153
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.11
-1.09
0.54
0.16
-0.47
2026
0.42
0.04
-1.3
0.32
-0.65
2027
3.89
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Santosh Shantilal Vora
Full Time Employees
84
Sector
Health technology
Industry
Pharmaceuticals: major
Address
701, Tower B Mumbai MA India 400083
IPO Date
Oct 6, 2023
Business
Valiant Laboratories Limited operates as an active pharmaceutical ingredient (API) and bulk drug manufacturing company primarily focused on the production of paracetamol in various grades, including Indian Pharmacopoeia (IP), British Pharmacopoeia (BP), European Pharmacopoeia (EP), and United States Pharmacopoeia (USP) standards. The company manufactures paracetamol used widely in treatments for headaches, muscle aches, arthritis, backaches, toothaches, cold, and fever. Additionally, it offers specialty chemicals and has a research and development facility equipped with analytical laboratories for developmental activities related to existing products. Its manufacturing unit, located in Palghar, Maharashtra, India, has an annual installed capacity of 9,000 metric tons. Founded in 1980 and headquartered in Mumbai, Valiant Laboratories Limited is a subsidiary of Dhanvallabh Ventures LLP and serves markets both in India and internationally. Recent strategic developments include investment in its wholly-owned subsidiary, Valiant Advanced Sciences Private Limited (VASPL), for financing capital expenditure related to the establishment of a specialty chemicals manufacturing facility at Saykha Industrial Area, Bharuch, Gujarat. This expansion aims to diversify the company’s product portfolio into specialty chemical segments such as ketene and diketene derivatives. Valiant Laboratories has also provided funding to VASPL for working capital requirements. The company underwent a name change from Bharat Chemicals to Valiant Laboratories Limited in August 2021 and has seen significant sales growth and profitability improvement throughout 2024 and 2025, marking a turnaround from prior losses. The company’s core business segments include pharmaceutical ingredients—mainly paracetamol—and specialty chemicals. It primarily targets pharmaceutical formulation companies as customers requiring high-grade bulk drug material and specialty chemicals. Valiant Laboratories also actively invests in R&D to enhance product quality and develop specialty chemicals. It is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), reflecting its established position within the pharmaceutical preparations industry in India. Valiant Laboratories’ operational footprint centers in India, with a manufacturing base in Maharashtra and an upcoming facility in Gujarat, supporting both domestic supply chains and international exports. The company’s financial and operational disclosures indicate sustained efforts to expand capacity, improve profitability, and strengthen its specialty chemicals segment in line with evolving industry demands. This profile captures Valiant Laboratories Limited as a specialized pharmaceutical ingredient manufacturer with a strong focus on paracetamol production, emerging diversification into specialty chemicals, recent capital investments in a subsidiary for facility expansion, and improving financial performance post-2023.