Valiant Laboratories Ltd
NSE: VALIANTLAB BSE: 543998
Incorporated in 1980, Valiant Laboratories Ltd manufactures and deals in Pharmaceuticals and speciality chemicals[1]
₹79
52W: ₹49.5 — ₹116
PE 77.3 · Book ₹58.9 · +34% vs bookMarket Cap₹429 Cr
Stock P/E77.3Price to Earnings
ROCE2.54%Return on Capital
ROE2%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company is expected to give good quarter
Weaknesses
- −The company has delivered a poor sales growth of 3.54% over past five years.
- −Company has a low return on equity of -0.09% over last 3 years.
- −Earnings include an other income of Rs.2.89 Cr.
Shareholding Pattern
Promoters74.94%
FIIs0.2%
DIIs0%
Public24.87%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% | 74.94% |
| FIIs | 1.89% | 0%▼1.9 | 0% | 0.64%▲0.6 | 0.63%▼0.0 | 0.02%▼0.6 | 0.01%▼0.0 | 0.2%▲0.2 |
| DIIs | 0% | 0% | 0% | 0% | 0.46%▲0.5 | 0%▼0.5 | 0% | 0% |
| Public | 23.18% | 25.06%▲1.9 | 25.06% | 24.42%▼0.6 | 23.97%▼0.5 | 25.05%▲1.1 | 25.05% | 24.87%▼0.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.52 | 30.58 | 18.88 | 21.48 | 35.23 | 57.77 | 51.01 | 45.99 | 54.74 | 65.3 |
| Expenses | 46.83 | 35.11 | 21.27 | 28.21 | 34.61 | 53.94 | 48.65 | 45.93 | 54.5 | 60.79 |
| Operating Profit | -6.31 | -4.53 | -2.39 | -6.73 | 0.62 | 3.83 | 2.36 | 0.06 | 0.24 | 4.51 |
| OPM % | -15.57% | -14.81% | -12.66% | -31.33% | 1.76% | 6.63% | 4.63% | 0.13% | 0.44% | 6.91% |
| Net Profit | -3.5 | -1.22 | -1.01 | -5.98 | 1.6 | 3.24 | 1.82 | 0.17 | 0.03 | 3.53 |
| EPS ₹ | -0.64 | -0.22 | -0.19 | -1.1 | 0.29 | 0.6 | 0.34 | 0.03 | 0.01 | 0.65 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹217Cr, up 63.2% YoY. OPM at 3%.
Debt Position
Borrowings at ₹1Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (-1.76pp change). FIIs: 0.2% (-8.44pp change). Promoters hold 74.94%.
Margin & Efficiency
ROCE improving from 0% (Mar 2021) to 3% (Mar 2026). Working capital days: 202.
Valuation
PE 77.3x with 2.54% ROCE. Price is 34% above book value of ₹58.9. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d - Board to evaluate restructuring options, including merger or demerger, among Valiant Laboratories and affiliates.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - Copy of Newspaper Publication of Financial Results for the quarter and year ended 31 March, 2026.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - Monitoring agency report for March 2026 rights issue shows no deviation in fund utilization.
- Audited Standalone And Consolidated Financial Results For Quarter And Year Ended March 31, 2026. 14 May
- Appointment Of Cost Auditor And Internal Auditor 14 May - Board approved FY2026-27 internal and cost auditor appointments on May 14, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Rating update 18 Nov 2025 from crisil