Morepen Lab Key Ratios
NSE: MOREPENLAB | BSE: 500288
₹120.38
As on 25-Sep-2026IST
Market cap
₹6,600 Cr
Revenue (TTM)
₹1,951 Cr
P/E Ratio
47
P/B Ratio
5.1
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 17.62 | 34.07 | 9.48 | 8.76 | 8.17 |
| EBIT | 296.70 | 389.87 | 29.64 | 33.58 | 6.76 |
| Net Profit | 258.21 | 424.80 | 26.81 | 35.05 | 1.65 |
| EPS | 258.14 | 424.62 | 51.75 | 40.10 | 1.29 |
| Book Value | -- | -- | 7.80 | 15.59 | 21.85 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 6.78 | 6.21 | 7.60 | 4.94 | 8.01 |
| Net Margin
| 5.78 | 5.31 | 7.13 | 5.24 | 6.45 |
| Return on equity
| 10.61 | 11.91 | 9.61 | 7.96 | 11.78 |
| Return on Capital
| 14.16 | 15.15 | -- | 10.19 | 15.48 |
| Return on Assets
| 6.96 | 6.99 | 7.57 | 5.15 | 7.69 |
| Debt to Equity (x)
| -- | -- | 0.11 | 0.16 | 0.07 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
10.19
|
15.48
|
16.82
|
8.40
|
|
Peer Median
|
--
|
14.03
|
16.46
|
15.49
|
--
|
ROE
9.61
Lower than Peers by 0.33
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
9.61
|
7.96
|
11.78
|
12.08
|
5.93
|
|
Peer Median
|
9.94
|
13.45
|
13.87
|
14.72
|
--
|
ROA
7.57
Higher than Peers by 0.03
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
7.57
|
5.15
|
7.69
|
8.04
|
3.55
|
|
Peer Median
|
7.54
|
7.94
|
8.04
|
7.19
|
--
|
EBIT Margin
7.60
Lower than Peers by 1.74
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
7.60
|
4.94
|
8.01
|
7.40
|
3.64
|
|
Peer Median
|
9.34
|
21.31
|
10.05
|
10.28
|
--
|
Net Margin
7.13
Lower than Peers by 2.23
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
7.13
|
5.24
|
6.45
|
5.67
|
2.72
|
|
Peer Median
|
9.35
|
11.88
|
9.11
|
6.78
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
7.31
|
8.11
|
7.70
|
4.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
9.48
Higher than Peers by 3.10
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
9.48
|
-0.32
|
7.17
|
19.25
|
-8.36
|
|
Peer Median
|
6.38
|
15.92
|
7.17
|
10.56
|
--
|
EBIT Growth
29.64
Higher than Peers by 30.67
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
29.64
|
-38.52
|
15.93
|
142.54
|
-52.67
|
|
Peer Median
|
-1.03
|
24.76
|
12.05
|
6.17
|
--
|
Net Profit Growth
26.81
Higher than Peers by 17.77
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
26.81
|
-18.95
|
22.14
|
149.82
|
-61.96
|
|
Peer Median
|
9.04
|
24.25
|
22.15
|
27.97
|
--
|
EPS Growth
51.75
Higher than Peers by 49.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
51.75
|
-19.61
|
14.50
|
148.62
|
-64.44
|
|
Peer Median
|
2.05
|
26.11
|
8.80
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
7.80
|
36.47
|
12.53
|
36.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.11
Higher than Peers by 0.09
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
0.11
|
0.16
|
0.07
|
0.03
|
0.03
|
|
Peer Median
|
0.02
|
0.17
|
0.03
|
0.05
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
0.03
|
0.04
|
0.03
|
0.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.37
Lower than Peers by 0.15
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
2.37
|
2.37
|
2.32
|
2.21
|
2.35
|
|
Peer Median
|
2.53
|
2.23
|
2.20
|
1.93
|
--
|
Quick Ratio
1.82
Higher than Peers by 0.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
1.82
|
1.82
|
1.72
|
1.59
|
1.64
|
|
Peer Median
|
1.78
|
1.82
|
1.72
|
1.59
|
--
|
Interest Coverage
11.39
Higher than Peers by 1.17
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
11.39
|
8.31
|
19.59
|
37.50
|
29.15
|
|
Peer Median
|
10.23
|
11.31
|
12.28
|
12.45
|
--
|
Operating Efficiency
Debtors to sales
17.08
Lower than Peers by 9.49
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
17.08
|
18.45
|
17.93
|
19.22
|
18.57
|
|
Peer Median
|
26.57
|
30.82
|
26.23
|
23.97
|
--
|
Asset Turnover
1.05
Higher than Peers by 0.38
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
1.05
|
0.97
|
1.18
|
1.41
|
1.30
|
|
Peer Median
|
0.67
|
0.72
|
0.74
|
0.88
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
66.49
|
65.45
|
63.50
|
66.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
57.79
|
55.26
|
51.55
|
64.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
116.46
|
107.94
|
93.67
|
98.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
--
|
7.82
|
12.78
|
21.38
|
32.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
46.97
Lower than Peers by 9.49
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
46.97
|
19.52
|
22.21
|
22.36
|
33.94
|
|
Peer Median
|
56.46
|
57.14
|
39.17
|
40.74
|
--
|
Price / Book Value
5.07
Higher than Peers by 0.24
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
5.07
|
1.49
|
2.27
|
2.54
|
1.74
|
|
Peer Median
|
4.82
|
4.95
|
3.61
|
3.87
|
--
|
Dividend Yield
0.17
Higher than Peers by 0.04
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
0.17
|
0.59
|
0.42
|
--
|
--
|
|
Peer Median
|
0.13
|
0.11
|
0.19
|
0.20
|
--
|
EV/EBITDA
32.64
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
32.64
|
13.46
|
13.78
|
12.32
|
14.96
|
|
Peer Median
|
--
|
47.33
|
28.79
|
25.41
|
--
|
Market Cap
6,600
Higher than Peers by 223
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Morepen Lab
|
6,600
|
1,852
|
2,622
|
2,150
|
1,313
|
|
Peer Median
|
6,377
|
6,311
|
3,944
|
2,959
|
--
|