Report as on 30 May 2021 at 11:23 AM

HIGH
MANAGEMENT EFFICIENCY
Healthy Growth in Laurus Labs
Long Term Net Sales

Strong buy
Very Positive
Results in Mar 21
CMP: 521.85
Bullish STOCK INFO:
Technical Trend BSE – 540222/ NSE – LAURUSLABS
Market Cap - Large Cap (Rs. 27,936 cr)
Sector – Pharma
Fair 52 w H/L (Rs.) – 528/56.7
Dividend Yield: 1.04%
Valuation Debt Equity: 0.5%
Return on Equity: 37.87%
Price to Book: 10.75

www.marketsmojo.com
Laurus Labs
CMP: 521.85 Strong Buy 81
Report as on 30 May 2021 at 11:23 AM
Strong Sell Sell Hold Buy Strong Buy

WHY IT’S A STRONG BUY? IS THIS STOCK FOR YOU?

High Risk, High Return (1 Year)
High Management Efficiency with a high ROCE of
16.29% Absolute Risk Volatility
Adjusted
Healthy long term growth as Net Sales has Laurus Labs 468.09% 9.81 47.72%
grown by an annual rate of 26.08% and Operating SENSEX 59.70% 3.33 17.93%
profit at 45.33%
How much should you buy? -
With a growth in Net Profit of 169.56%, the Overall Portfolio exposure to Laurus Labs should be less
company declared Very Positive results in Mar 21 than 10%
-The company has declared positive results for the Overall Portfolio exposure to Pharma should be less
last 7 consecutive quarters than 30%
-ROCE(HY) Highest at 34.74 % (If sector exposure > 30%, please use optimiser tool to
-NET SALES(Q) Highest at Rs 1,411.93 cr see which are the best stocks to hold in Pharma)
-PBDIT(Q) Highest at Rs 472.19 cr. When to exit? - We will constantly monitor the company
and suggest at the appropriate time to exit from the
Stock is technically in a Bullish range stock
-The technical trend has improved from Mildly
Bullish on 04-May-21 and has generated 6.28% RETURNS SUMMARY (Price + Dividend)
returns since then The stock gave a total returns of 468.09% in the last 1 year
-Multiple factors for the stock are Bullish like MACD, Outperforming Sensex returns of 59.70%
Bollinger Band, KST, DOW and OBV 500%

With ROCE of 34.6, it has a Fair valuation with a 250%

7.5 Enterprise value to Capital Employed
-The stock is trading at a discount compared to its 0%

average historical valuations

-250%
-Over the past year, while the stock has generated a
Ja 1 8

O 19

Ja 2 0
Fe 1 9

return of 468.9%, its profits have risen by 285.3% ;

Se 8

Se -2 0
A u -1 9

Ju 0
Ap 20
D -1 9

Ju 2 0
M 19

M -2 1
M -1 9
Ju 8

N -1 8

Ju 1 9

M -2 1
N -2 0

1
l- 1

2
-1

-2
-

g-

-
-

n-
b-
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n-

-
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the PEG ratio of the company is 0.1
M

Laurus Labs Ltd SENSEX

Investors Returns (3 years) –

WHAT ARE YOUR RISKS?
Period 6M 1Y 2Y 3Y
Reducing Promoter Confidence
Stock (%) 64.7% 468.09% 637.28% 459.21%
-Promoters have decreased their stake in the company
by -1.31% over the previous quarter and currently hold Sector (%) 16.89% 16.89% 75.85% 71.36%
27.45% of the company Sensex (%) 16.47% 59.70% 29.37% 46.23%
-Promoters decreasing their stake may signify reduced
confidence in the future of the business

MOJO PROFESSIONAL 1
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

BEFORE PROCEEDING AHEAD

This Real-Time Stock Analysis service is only for
PAID SUBSCRIBERS of www.marketsmojo.com

This Real-Time Stock Analysis Report was

generated on 30th May, 2021 at 11:23 AM, and
may not be valid if you are reading it later.

Some factors/data, as well as the buy/sell/hold call

might have changed.

To access the LATEST version of this report.

Click Here

MOJO PROFESSIONAL 2
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

MANAGEMENT RISK

HIGH MANAGEMENT EFFICIENCY WITH A

HIGH ROCE OF 16.29%

ROCE
The company has been able to generate a Return on Capital
16.29% ROCE
Employed (avg) of 16.29% signifying high profitability per unit
of total capital (equity and debt)

Dividend Payout Ratio

An average Dividend Pay-out ratio of 10.47% may signify the
10.47%
Dividend Payout Ratio
company is not able to payback profits to shareholders at this
point

Tax Ratio
High Tax Ratio signifies that the profits generated by the
24.39% Tax Ratio
company are real and it is making adequate contributions
towards by paying due taxes

Institutional Holding
High Institutional Holdings at 24.24%- These investors have
24.24%
Institutional Holding
better capability and resources to analyse fundamentals of
companies than most retail investors

MOJO PROFESSIONAL 3
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

GROWTH

HEALTHY LONG TERM GROWTH AS NET

SALES HAS GROWN BY AN ANNUAL RATE OF
26.08% AND OPERATING PROFIT AT 45.33%

High Growth in Net Sales 6000Cr

of 26.1% CAGR
26.1%
4,813

Company has experienced an increase

CAGR in its Net Sales in each of the past 4
4000Cr

2,831
consecutive years
2,236
2,026
Company’s Net Sales growth has 2000Cr
1,891

increased in each of the past 4

consecutive years
Net Sales has seen a high growth of 0Cr
70.01% over previous period Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

High Growth in Operating 1500Cr

1,345
Profit of 45.3% CAGR
45.3% Operating Profit has seen a high
CAGR growth of 260.59% over previous
1000Cr

period
500Cr
373
310 287
190

0Cr
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Net Profit of 50.8% CAGR 1250Cr

50.8%
983
Net Profit has seen a high growth of 1000Cr
285.49% over previous period
CAGR 750Cr

500Cr

255
250Cr 199 173
94

0Cr
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

MOJO PROFESSIONAL 4
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

FINANCIAL TREND
Positive

WITH A GROWTH IN NET PROFIT OF

results for

169.56%, THE COMPANY DECLARED 7

VERY POSITIVE RESULTS IN MAR 21 consecutive
quarters

Near term PBT trend is very

Rs 396.7 positive 396.65
357.23
cr PBT less Other Income (Rs Cr)
Highest at Rs 396.65 cr. and Grown
309.19

214.38
PBT - Quarterly each quarter in the last five quarters
125.06

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Near term PAT trend is very

Rs 296.7 positive 272.85
296.68
242.27
cr PAT (Rs Cr)
Highest at Rs 296.68 cr. and Grown 171.78

PAT - Quarterly each quarter in the last five quarters 110.15

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Near term sales trend is very 1 288.42

1 411.93

68.3% positive 1 138.84

974.32
Net Sales (Rs Cr) 839.14
Sales Growth At Rs 1,411.93 cr has Grown at 68.26 %
Year on Year (YoY)

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

MOJO PROFESSIONAL 5
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

FINANCIAL TREND

Near term Operating Profit trend 426.3

472.19

is quite positive
Rs 472.2
373.87

cr Operating Profit (Rs Cr) 278.32

Highest at Rs 472.19 cr. and Grown 191.77

Operating Profit - each quarter in the last five quarters
Quarterly

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Company's efficiency has 32.83 33.09 33.44

33.4% improved 28.57

Operating Profit to Sales 22.85

Operating Profit Highest at 33.44% and Grown
Margin - each quarter in the last five quarters
Quarterly

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

The company has displayed 34.74

34.7% increased efficiency by generating

higher profit on overall capital
26.11

ROCE - Half (equity and debt) 13.95

Yearly
ROCE (%) 8.31 9.61

Highest at 34.74 %
in the last five half yearly periods
Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021

Mar'21 Mar'20 Change%

Net Sales 1,411.9 839.1 68.3%
Key Operating Profit (PBDIT) excl Other Income 472.2 191.8 146.2%
Result Interest 21.9 20.7 6.1%
Highlights Exceptional Items 0.0 0.0
Consolidated Net Profit 296.7 110.2 169.3%
Operating Profit Margin (Excl OI) 33.4 22.9 10.6%
Consolidate- figures in Rs
Cr

MOJO PROFESSIONAL 6
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

TECHNICALS

STOCK IS TECHNICALLY IN A BULLISH

RANGE
Bullish Daily Moving Averages indicating near term price strength
Current Price 50 Day Moving Average 200 Day Moving Average

521.85 437.98 343.30

Factors with upward momentum

Indicator Technical Trend
MACD Bullish (weekly)
MACD Bullish (monthly)
Bollinger Band Bullish (weekly)
Bollinger Band Bullish (monthly)
KST Bullish (weekly)
KST Bullish (monthly)

Consistent Returns over the last 3 years

3 Months 1 Year 3 Years
468.09% 448.45%

49.04%

7.78% 70.14%
41.41%

Stock BSE 500 Stock BSE 500 Stock BSE 500

MOJO PROFESSIONAL 7
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

VALUATION

WITH ROCE OF 34.6, IT HAS A FAIR

VALUATION WITH A 7.5 ENTERPRISE VALUE
TO CAPITAL EMPLOYED
Expensive

Fair
valuation
Abbott India

Valuation Laurus Labs

Piramal Enterp. Alkem Lab

as compared to its Fundamentals Ipca Labs.

Attractive
Weak Fundamental Strong

Enterprise value to Capital Employed vs ROCE

Very 40 8
Fundamental

Valuation
Attractive 20

0
4

as compared to its
6

0
17

18

19

20

1
01

01

01

01

02

02
20

20

20

20
past valuations
-2

-2

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Company Valuation Price to Book PE Ratio PEG Ratio Dividend

Ratio Yield
Key
Laurus Labs Fair 10.8 28.5 0.1 1%
Valuation
Multiples Piramal Enterp. Attractive 1.2 31.1 0 0.8%
vs Peers Alkem Lab Attractive 4.8 22.3 0.6 0.1%
Abbott India Expensive 13.2 49.6 3 1.6%

Ipca Labs. Very Attractive 5.9 22.5 0.3 0.4%

MOJO PROFESSIONAL 8
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

MOJOSTOCK

PART OF MOJO STOCKS

Mojo Stocks are the highest rated stocks across thee market.
1% Less than 1% of the companies qualify as a Mojo Stock
For a company to Qualify as Mojo Stock it has to score highly across Mojo Parameters of
QUALIFY
Quality: Long Term Fundamental Performance
Valuation: Attractiveness of Stock Price at the current fundamentals
Financial Trend: Near term fundamental strength
Technicals: Price and volume momentum

Mojo Analysis of Laurus Labs

NEAR TERM DRIVERS: POSITIVE

QUARTERLY FINANCIAL TREND TECHNICALS

PAT (HY) At Rs 569.53 cr has Grown Technical trend turned Bullish

at 210.15 % from Mildly Bullish on 04 May
Very PAT (9M) At Rs 811.80 cr has Grown
2021 at Rs 491.1 Bullish
Positive at 238.00 % Moving Averages (daily) turned
Bullish from Mildly Bullish on 31
PBT less OI (Q) At Rs 396.65 cr has
Mar 2021 at Rs 362.05
Grown at 217.17 %

LONG TERM DRIVERS: POSITIVE

QUALITY VALUATION

Size - Ranks 13th out of 164 At the current stock price and
companies in Pharma sector financial performance the stock
Good has Fair valuation Fair

MOJO PROFESSIONAL 9
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

RETURNS

MARKET BEATING PERFORMANCE IN LONG

TERM AS WELL AS NEAR TERM
Along with generating 500%
468.09% returns in the last
1 year, the stock has 250%

468.09% outperformed BSE 500 in

the last 3 years, 1 year 0%

UP and 3 months -250%

Ja 1 8

O 19

Ja 2 0
Se -1 8

Fe 1 9

Se -2 0
Au 19

Ju 0
Ap 20
D -1 9

Ju 2 0
M 19

M 21
Ju 8

M -1 9

M -2 1
N -1 8

Ju 9

N -2 0

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-2
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Laurus Labs Ltd BSE500

Inconsistent Performance against Large Cap

companies
Laurus Labs Ltd has not been a consistent
performer in the last 1 year

1st
Quartile
3rd
Quartile
3rd
Quartile
Stock has been in the 3rd quartile in 2020
and in 1st in 1Y period

1Y 2020 2019
47.77% -1.83% -5.22%

Company 1 Month 3 Month 1 Year 3 Years

Laurus Labs 9.93% 49.04% 468.09% 448.45%
Return
Sun Pharma.Inds. 4.1% 12.64% 45.88% 34.03%
Comparison
with Peers Divi's Lab. 6.12% 22.51% 80.31% 277.26%
Closest peers by Dr Reddy's Labs 2.98% 17.35% 33.61% 160.44%
market cap
Cipla 2.65% 18.72% 48.7% 73.19%

MOJO PROFESSIONAL 10
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

FACTORS
NOT WORKING
FOR THE COMPANY


MOJO PROFESSIONAL 11
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

SHAREHOLDING

PROMOTERS REDUCE STAKE BY -1.31%

Promoters have decreased their stake in the 60%

company by -1.31% over the previous quarter and 45.22%

currently hold 27.45% of the company
40%
32.04% 32.13% 32.12%
Promoters decreasing their stake may signify 28.76% 27.45%
reduced confidence in the future of the business
20% 16.42%

0.00% 1.15%
0%
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Promoter Pledge

Non Institution
48.31%
Shareholding Snapshot : Mar 21
Majority shareholders : Non Institution
Pledged Promoter Holdings : 1.15
FIIs Mutual Funds : Held in 16.00 Schemes (2.05%)
20.68% Other DIIs
1.51%
FIIs : Held by 198 FIIs (20.68%)
Mutual Funds
2.05% Promoters Promoter with highest holding : Satyanarayana Chava (16.585%)
27.45%
Highest Public shareholder : Amansa Holdings Private Limited (5.044%)
Individual Investors Holdings : 34.17%

FII
30%

holding has increased by 0.76% 20.74% 19.92% 20.68%

20%
Number of FIIs holding stake in the company has 16.06%
increased to 198 from 170
11.29%
10%

0%
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

MOJO PROFESSIONAL 12
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

RESULT
ANALYSIS 

MOJO PROFESSIONAL 13
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

QUARTERLY VARIANCE

QUARTER RESULTS VARIANCE ANALYSIS

Mar'21 Dec'20 QoQ Mar'20 YoY Comments
Total Operating income 1,412 1,288 9.6% 839 68.3% High Growth in previous quarter
and same quarter last year
Total Expenditure (Excl Depreciation) 940 862 9% 647 45.2% High Growth in previous quarter
and same quarter last year
Operating Profit (PBDIT) excl Other Income 472 426 10.8% 192 146.2% High Growth in previous quarter
and same quarter last year
Other Income 5 7 -34.8% 2 169.1%
Operating Profit (PBDIT) 477 433 10% 193 146.4% High Growth in previous quarter
and same quarter last year
Interest 22 17 25.7% 21 6.1% High Growth in previous quarter
and same quarter last year
Exceptional Items 0 0 0% 0 0%
Depreciation 54 52 3.9% 46 16.5% QoQ and YoY increase
Profit Before Tax 401 364 10.2% 127 216.5% High Growth in previous quarter
and same quarter last year
Tax 104 91 14.2% 17 528.4% High Growth in previous quarter
and same quarter last year
Provisions and contingencies 0 0 0% 0 0%
Net Profit 297 273 8.8% 110 169.6% High Growth in previous quarter
and same quarter last year
Share in Profit of Associates 0 0 0% 0 0%

Minority Interest 0 0 0% 0 0%
Other related items 0 0 0% 0 0%
Consolidated Net Profit 297 273 8.7% 110 169.3% High Growth in previous quarter
and same quarter last year

Consolidate results triggered in Rs Cr

Margins
Mar'21 Dec'20 Sep'20 Jun'20 Mar'20 Avg. (4 Comments
Qtrs)
OPM 33.4% 33.1% 32.8% 28.6% 22.9% 29.3% Higher than average (4 Qtrs) – Promising
GPM 32.2% 32.3% 32.1% 27.7% 20.6% 28.2% Higher than average (4 Qtrs) – Promising
NPM 21.0% 21.2% 21.3% 17.6% 13.1% 18.3% Higher than average (4 Qtrs) – Promising

MOJO PROFESSIONAL 14
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

ANNUAL RESULT

NET SALES - YOY GROWTH IN YEAR ENDED

MAR 2021 IS 69.99% VS 23.55% IN MAR 2020
Consolidated Net Profit: YoY Growth in year ended Mar 2021 is 285.31% vs 172.26% in Mar
2020
Operating Profit (PBDIT) excl Other Income: YoY Growth in year ended Mar 2021 is
174.68% vs 58.59% in Mar 2020
Interest: YoY Growth in year ended Mar 2021 is -23.92% vs 1.59% in Mar 2020 69.99%
Operating Profit Margin (Excl OI): YoY Growth in year ended Mar 2021 has improved from NET SALES
Mar 2020

Mar'21 Mar'20 Change(%)

Net Sales 4,813.51 2,831.72 69.99%
Key Operating Profit (PBDIT) excl Other Income 1,550.68 564.55 174.68%
Annual Interest 68.16 89.59 -23.92%
Results Exceptional Items 0.00 0.00
Consolidated Net Profit 983.58 255.27 285.31%
Operating Profit Margin (Excl OI) 32.22 19.94 12.28%
Figures in Rs Cr | Seasonal companies are compared with the same quarter last year

Net Sales-YoY Growth in year ended Mar 2021 is 69.99% vs Consolidated Net Profit-YoY Growth in year ended Mar 2021
23.55% in Mar 2020 is 285.31% vs 172.26% in Mar 2020
7500 1500

4,813.51 983.58
5000 1000
2,831.72
1,931.55 2,069.00 2,291.92
2500 500 255.27
190.28 167.61 93.76
0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Operating Profit (PBDIT) excl Other Income-YoY Growth in Operating Profit Margin (Excl OI)-YoY Growth in year ended
year ended Mar 2021 is 174.68% vs 58.59% in Mar 2020 Mar 2021 has improved from Mar 2020
2000 50
1,550.68
32.22

1000 25 21.10 19.98 19.94

564.55 15.53
407.64 413.32 355.98

0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021

Figures in Rs Crore

MOJO PROFESSIONAL 15
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

BALANCESHEET AND CASHFLOW

BALANCE SHEET AND CASH FLOW ANALYSIS

-6.75% Borrowings
Mar'20
1,120.56
Mar'19
1,201.63
Change%
-6.75%

Increase
Other Long Term Liabilities 77.30 60.12 28.58%
Fixed Assets 1,740.89 1,728.96 0.69%
Investments 3.41 3.41 0.00%
in Borrowings in quarter Current Assets 1,812.06 1,462.96 23.86%
ended Mar 2020 vs in
Figures in Rs Cr
Mar 2019

Other Long Term Liabilities: YoY Growth in year ended Mar 2020 is 28.58% vs -7.08% in Mar 2019
Fixed Assets: YoY Growth in year ended Mar 2020 is 0.69% vs 5.80% in Mar 2019
Investments: YoY Growth in year ended Mar 2020 is 0.00% vs 0.00% in Mar 2019
Current Assets: YoY Growth in year ended Mar 2020 is 23.86% vs 17.26% in Mar 2019

Cash From Operation - YoY Growth in year ended Mar

16.71% 2020 is 16.71% vs -13.09% in Mar 2019
Mar'20 Mar'19 Change%
GROWTH Cash Flow from Operating Activities 347.41 297.66 16.71%
Figures in Rs Cr

400
342.49 347.41
331.99
297.66

200 181.97

0
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020

MOJO PROFESSIONAL 16
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

PEER COMPARISION

PEER COMPARISON
Laurus Labs Abbott India Ipca Labs. Glaxosmi. Syngene Intl.
Pharma
Size
Market Cap (Cr.) 27,997 34,264 25,678 25,934 23,598
Annual Sales (TTM) (Cr.) 4,814 4,310 5,420 3,199 2,184
Annual Net Profit (TTM) (Cr.) 984 691 1,140 416 376
Growth Factors (TTM)
Net Sales Growth 1 year 70% 5.3% 17.7% -1% 8.6%
Operating Profit Growth 1 year 260% 23.9% 80.1% 6.9% -0.3%
Net Profit Growth 1 year 285.3% 16.5% 74.8% -16.5% 4.8%
Net Sales Growth 5 year 26.1% 10.3% 12.8% 2.5% 9.4%
Operating Profit Growth 5 year 45.3% 19.8% 63.8% 6.4% 4.8%
Net Profit Growth 5 year 50.8% 22% 65.3% 2.1% 6.4%
Capital Structure Factors
EBIT to Interest 19.7 47.2 147.7 174.5 14.3
Debt to EBITDA 0.9 0.2 0.2 0.1 1.3
Net Debt to Equity 0.5 -0.9 -0.1 -0.6 -0.1
Sales to Capital Employed 1.2 12.5 1.4 8.5 0.8

Management Quality Factors

ROCE (latest) 34.6% 249.7% 30.9% 164% 15%
ROE(latest) 37.9% 26.5% 22.8% 27.8% 13.3%
Tax Ratio 24.4% 25.4% 17.3% 34.9% 13.7%
Operating CF to Net Profit 136.1% 105.6% 93.1% 99.1% 188.9%
Dividend Payout Ratio 10.5% 89.6% 9.7% 615.7% -
Valuation Factors
PE Ratio 28.5 49.6 22.5 62.3 62.8
Price to Book 10.8 13.2 5.9 17.3 8.4
PEG Ratio 0.1 3 0.3 - 13.1
Dividend Yield 1% 1.6% 0.4% 2.6% -
EV to EBITDA 18.9 34.7 16.3 35.7 34.9
EV to Capital Employed 7.5 92.6 6.6 66 8.8
Shareholding
Promoter Holdings 27.5% 75% 46.3% 75% 70.6%
Promoter Pledged Holdings 1.2% - - - -
Total Institutional Holding 24.2% 6.5% 42.6% 12.4% 19.5%
FII Holdings 20.7% 1% 17.5% 1.6% 14.2%
Returns
1 Month 10% 6.3% -1.1% 5.1% -3.1%
3 Months 48.9% 12% 9.5% 4.8% 5.6%
YTD 47.7% 2.3% -7.6% -5.7% -7.8%
1 Year 468.9% -2.8% 30.5% 14.1% 68.4%
3 Years 448% 139.6% 198.4% 27.9% 91.9%

MOJO PROFESSIONAL 17
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

COMPANY BACKGROUND

COMPANY BACKGROUND

About the Company

The company was originally incorporated as Laurus Labs Private Limited on
INDUSTRY : Pharma September 19, 2005 at Hyderabad, Andhra Pradesh, India as a private limited
company under the Companies Act, 1956. The company was subsequently
converted into a public limited company and its name was changed to Laurus Labs
27,936 cr (Large Cap) Limited and a fresh certificate of incorporation consequent upon change of name
on conversion to a public limited company was issued by the Registrar of
Companies, Andhra Pradesh and Te
Part of NIFTY FREE
SMALL 100

Board of Directors
CHAVA Executive Director & CEO
SATYANARAYANA
Executive Director & CFO
VENKATA RAVI KUMAR
Executive Director
VANTARAM
Director
Chandrakanth Chereddi
Independent Director
Narendra Ostawal

Aruna Bhinge

5 more board of directors

Company Coordinates

Company Details: Registrat Details:

Plot No.21, J N Pharma City, Parawada Vishakhapatnam Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot
Andhra Pradesh : 531021 No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial
Tel: 0891 3061222 District, Nanakramguda, Serilingampally, Mandal Ranga
Fax: 0891 3061270 Reddy Dist, Hyderabad
Email: nagaraj.a@lauruslabs.com
Website: www.lauruslabs.com

MOJO PROFESSIONAL 18
Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

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Laurus Labs STRONG BUY | Report as on 30 May 2021 at 11:23 AM

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