Company Valuation: Caplin Point Laboratories Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 30,571 51,529 45,291 100,038 152,221 206,349 - -
Change - 68.55% -12.11% 120.88% 52.16% 35.56% - -
Enterprise Value (EV) 30,571 51,529 45,291 100,038 152,221 206,349 206,349 206,349
Change - 68.55% -12.11% 120.88% 52.16% 35.56% 0% 0%
P/E 12.7x 17.3x 12.1x 22x 28.5x 17.9x 28.4x 24.5x
PBR 2.58x 3.47x 2.41x 4.32x 5.34x 3.19x 4.67x 4.22x
PEG - 0.7x 0.5x 1x 1.6x 0.9x 1.6x 1.6x
Capitalization / Revenue 2.88x 4.06x 3.09x 5.91x 7.86x 5.23x 8.23x 7.28x
EV / Revenue 0x 0x 0x 0x 0x 9.7x 8.23x 7.28x
EV / EBITDA 0x 0x 0x 0x 0x 27.8x 23.7x 20.5x
EV / EBIT 0x 0x 0x - 0x 26.5x 22.1x 19.2x
EV / FCF 0x 0x 0x 0x 0x 54.3x 37.1x 36.6x
FCF Yield 6.39% 4.77% 1.72% 1.73% 1.58% 2.4% 2.69% 2.73%
Dividend per Share 2 3 2 2 2.5 3 - 4 4
Rate of return 0.74% 0.29% 0.34% 0.19% 0.15% - 0.15% 0.15%
EPS 2 31.71 39.26 49.18 59.9 70.25 84.11 95.6 110.7
Distribution rate 9.46% 5.09% 4.07% 4.17% 4.27% - 4.18% 3.61%
Net sales 1 10,613 12,694 14,667 16,941 19,375 21,872 25,072 28,340
EBITDA 1 3,286 3,947 4,411 5,514 6,469 7,609 8,700 10,050
EBIT 1 3,152 3,478 4,520 - 5,810 8,036 9,321 10,752
Net income 1 2,423 2,998 3,763 4,571 5,363 6,412 7,264 8,411
Net Debt - - - - - - - -
Reference price 2 404.15 679.90 596.70 1,317.30 2,002.60 2,710.95 2,710.95 2,710.95
Nbr of stocks (in thousands) 75,643 75,789 75,903 75,942 76,012 76,012 - -
Announcement Date 5/6/21 5/12/22 5/27/23 5/16/24 5/15/25 5/14/26 - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.59x6.69x23.19x0.89% 48.77B
17.84x2.24x10.09x1.45% 40.67B
28x3.99x16.54x0.58% 12.27B
27.7x3.37x17.45x0.91% 12.11B
19.06x3.39x11.8x3.78% 9.28B
9.6x2.21x5.72x4.51% 7.55B
30.05x3.93x18.3x0.15% 7.35B
16.03x2.11x6.82x3.15% 7.3B
Average 22.98x 3.49x 13.74x 1.93% 18.16B
Weighted average by Cap. 25.65x 4.13x 15.78x 1.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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