Status: Pending
Age: New (25/08/2025)
Broker Prabhudas Lilladher Upgrades Ipca Laboratories to Accumulate with target of ₹1525
Brokerage
Prabhudas Lilladher
Analyst
Brokerage Team
Position
Bullish
Start Date
25/08/2025
Horizon
Long Term
Target Price and Expected Returns
Start Price
₹1,399.90
Target Price
₹1,525
Expected Returns
9.4%
Summary
Prabhudas Lilladher recommends upgrading Ipca Laboratories to an accumulate rating with a target price of ₹1525.
Prabhudas Lilladher's justification for Ipca Laboratories target price prediction
- Miss in Unichem's Q1 profitability impacted by one-offs and price erosion in certain products.
- FY26 revenue growth guidance is 9-10%, with a slight margin expansion adjustment.
- API and generic business growth was muted in FY25, while domestic formulation business continued to outperform.
- Stock is trading at 16.5x EV/EBITDA and 27x PE on FY27E adjusted for Unichem stake.
- Maintaining ACCUMULATE rating with TP of ₹1,525/share; valuing at 18x EV/EBITDA.
Sources:
https://www.moneycontrol.com/news/business/stocks/accumulate-ipca-laboratories-target-of-rs-1525-prabhudas-lilladher-13483288.html
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