Market cap
$20 Mln
Revenue (TTM)
$2 Mln
P/E Ratio
--
P/B Ratio
0.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 59.22 | -69.48 | -62.70 | -45.23 | 834.69 |
| EBIT | 28.58 | -18.89 | -162.95 | 0.57 | 6.45 |
| Net Profit | 28.58 | -18.90 | -162.94 | 0.57 | 6.60 |
| EPS | 40.94 | 22.56 | -120.00 | 5.99 | 9.37 |
| Book Value | -- | -- | -34.50 | -28.04 | -8.30 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 28.87 | -412.45 | -755.11 | -487.04 | 0.08 |
| Net Margin
| -- | -5.13 | -755.13 | -- | -- |
| Return on equity
| -37.54 | -28.24 | -65.40 | -54.28 | 0.04 |
| Return on Capital
| -37.10 | -27.78 | -- | -52.95 | 0.04 |
| Return on Assets
| -34.24 | -25.65 | -51.61 | -48.73 | 0.04 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.03 | 0.02 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
-52.95
|
0.04
|
-58.38
|
-25.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-65.40
Lower than Peers by 25.07
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-65.40
|
-54.28
|
0.04
|
-58.40
|
-26.50
|
|
Peer Median
|
-40.33
|
--
|
--
|
--
|
--
|
ROA
-51.61
Lower than Peers by 20.36
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-51.61
|
-48.73
|
0.04
|
-54.02
|
-23.90
|
|
Peer Median
|
-31.24
|
--
|
--
|
--
|
--
|
EBIT Margin
-755.11
Lower than Peers by 672.52
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-755.11
|
-487.04
|
0.08
|
573.57
|
-2,146.17
|
|
Peer Median
|
-82.60
|
--
|
--
|
--
|
--
|
Net Margin
-755.13
Lower than Peers by 663.83
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-755.13
|
-487.06
|
0.07
|
573.59
|
-2,151.73
|
|
Peer Median
|
-91.30
|
--
|
--
|
--
|
--
|
Cash Profit Margin
-0.01
Lower than Peers by 0.01
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-0.01
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
-62.70
Lower than Peers by 116.74
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-62.70
|
-0.82
|
4.93
|
-6.70
|
-0.97
|
|
Peer Median
|
54.03
|
--
|
--
|
--
|
--
|
EBIT Growth
-162.95
Lower than Peers by 161.93
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-162.95
|
-106,679.26
|
100.06
|
-52.38
|
-2,390.30
|
|
Peer Median
|
-1.02
|
--
|
--
|
--
|
--
|
Net Profit Growth
-162.94
Lower than Peers by 155.41
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-162.94
|
-115,371.85
|
100.05
|
-51.99
|
-1,595.88
|
|
Peer Median
|
-7.53
|
--
|
--
|
--
|
--
|
EPS Growth
-120.00
Lower than Peers by 134.23
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-120.00
|
-1,096.20
|
1.00
|
-0.50
|
-15.94
|
|
Peer Median
|
14.23
|
--
|
--
|
--
|
--
|
Book Value Growth
-17.23
Lower than Peers by 7.09
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
-17.23
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-10.13
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
0.03
|
0.02
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
0.03
|
0.02
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
11.48
Higher than Peers by 5.67
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
11.48
|
6.68
|
14.75
|
8.69
|
20.34
|
|
Peer Median
|
5.81
|
--
|
--
|
--
|
--
|
Quick Ratio
11.48
Higher than Peers by 5.78
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
11.48
|
--
|
--
|
--
|
20.34
|
|
Peer Median
|
5.70
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
--
|
--
|
--
|
-396.00
|
|
Peer Median
|
-2.09
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
18.55
Lower than Peers by 0.46
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
18.55
|
0.72
|
1.08
|
-1.83
|
131.97
|
|
Peer Median
|
19.01
|
--
|
--
|
--
|
--
|
Asset Turnover
0.07
Higher than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
0.07
|
0.10
|
0.49
|
-0.09
|
0.01
|
|
Peer Median
|
0.06
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
12.44
|
2.82
|
-45.62
|
331.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
--
|
--
|
0.00
|
-894.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
26.46
|
7,409.11
|
35.83
|
40.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
--
|
--
|
-81.45
|
-603.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
-4.76
|
3,168.38
|
-0.91
|
-0.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Price / Book Value
0.91
Lower than Peers by 4.42
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
0.91
|
3.17
|
1.26
|
0.73
|
0.06
|
|
Peer Median
|
5.33
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
153.43
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
153.43
|
-3.28
|
105.06
|
0.44
|
2.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
20
Lower than Peers by 122
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Lipocine (LPCN)
|
20
|
--
|
--
|
--
|
--
|
|
Peer Median
|
142
|
--
|
--
|
--
|
--
|