Laurus Labs Shares Surge to Record High Following Strong Q4 Performance
Laurus Labs rallies 6%, hits record high post Q4 results; brokerages upbeat
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Laurus Labs' shares rose by 6% to a record high of ₹1,162.70 after reporting impressive Q4FY26 results, including a 5% revenue growth to ₹1,812 crore. Analysts remain optimistic, with a target price of ₹1,280, citing strong demand in their Contract Development and Manufacturing Organization (CDMO) segment.
- 01Laurus Labs shares hit a record high of ₹1,162.70 after strong Q4 results.
- 02Q4FY26 revenue increased by 5% to ₹1,812 crore, with EBITDA up 10%.
- 03The company achieved a significant year-on-year growth of 23% in FY26 revenues.
- 04Brokerages maintain a positive outlook, setting a target price of ₹1,280.
- 05CDMO segment growth is a key driver of Laurus' financial performance.
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Laurus Labs, a pharmaceutical company, saw its shares surge 6% to a record high of ₹1,162.70 following the release of its Q4FY26 results. The company reported revenues of ₹1,812 crore, reflecting a 5% growth compared to the same quarter last year, and an EBITDA of ₹523 crore, which is a 10% increase. The EBITDA margins stood strong at 28.9%, supported by operational leverage and a favorable product mix. For the fiscal year 2025-2026, Laurus achieved a 23% year-on-year growth in revenue, totaling ₹6,813 crore, and a 64% increase in EBITDA to ₹1,826 crore, resulting in 26.8% margins. The growth in the Contract Development and Manufacturing Organization (CDMO) segment, which saw a 38% increase year-on-year, has been pivotal for the company, contributing significantly to its overall performance. Analysts from ICICI Securities and Motilal Oswal Financial Services have expressed optimism about Laurus' future, with a target price of ₹1,280 based on its growth trajectory and strategic investments in CDMO and new technologies.
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The strong performance of Laurus Labs may lead to increased investor confidence and potential job growth in the pharmaceutical sector.
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