Valiant Laboratories Limited

Valiant Laboratories Limited

VALIANTLAB.NS
Valiant Laboratories LimitedIN flagNational Stock Exchange of India
65.51
INR
+0.50
- -
3.56BMarket Cap
Valiant Laboratories Limited
VALIANTLAB.NS
(National Stock Exchange of India)

Recent

price

65.51

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
FRC
38.96
62.27
71.33
44.46
30.9
- -
46.12
Revenue per Share
6.54
5.87
6.19
0.08
-0.51
- -
-0.64
Basic EPS, GAAP
1.59
-0.99
3.92
-10.74
-26.07
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
18.92
8.3
17.98
23.33
21.62
- -
10.55
Book Value per Share
18.92
15.26
21.47
57.85
54.26
- -
60.35
Tangible Book Value per Share
47
47
47
41
43
- -
51
Basic Weighted Avg Shares
1,824
2,915
3,339
1,821
1,334
2,375
2,375
Sales/Revenue/Turnover
25.99
13.72
10.06
-5.7
-5.08
0.15
0.15
Operating Margin (%)
26
25
16
20
21
60
60
Depreciation Expense
306
275
290
3
-22
-33
-33
Net Income, GAAP
34.94
34.07
23.96
- -
- -
525.4
519.06
Effective Tax Rate (%)
16.78
9.43
8.68
0.18
-1.65
-1.38
-1.38
Profit Margin (%)
700
1,074
999
1,965
1,330
1,089
1,089
Working Capital
3
597
600
751
1,046
289
289
LT Debt
886
715
1,005
2,369
2,343
3,109
3,109
Total Equity
- -
23.55
17.43
- -
- -
-0.42
-0.43
Return on Invested Capital (%)
- -
29.12
23.89
- -
- -
-7.2
-7.13
Return on Capital (%)
- -
43.16
47.15
0.36
-2.33
-4.43
-4.44
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
171
- -
173
LT Borrowings
365
- -
281
LT Finance Leases
2
- -
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
- -
54
Market Capitalization
3,797
3,408
2,646

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,937
- -
2,283
Cash, Cash Equivalents & STI
629
- -
331
Accounts Receivable, Net
559
- -
936
Inventories
270
- -
454
Total Current Liabilities
681
- -
1,194
Payables & Accruals
- -
- -
- -
ST Debt
171
- -
173
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
514
595
405
306
1,821
2025
189
215
352
578
1,334
2026
468
462
525
920
2,375

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.91
0.17
-0.75
- -
0.08
2025
-0.11
-1.09
0.54
0.16
-0.51
2026
0.39
0.04
-1.3
0.32
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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.