Divi's Laboratories Limited

NSEI:DIVISLAB Stock Report

Market Cap: ₹1.8t

Divi's Laboratories Management

Management criteria checks 2/4

Divi's Laboratories' CEO is Kiran Divi, appointed in Jan 2020, has a tenure of 6.42 years. total yearly compensation is ₹307.70M, comprised of 3% salary and 97% bonuses, including company stock and options. directly owns 20.34% of the company’s shares, worth ₹362.47B. The average tenure of the management team and the board of directors is 5 years and 9 years respectively.

Key information

Kiran Divi

Chief executive officer

₹307.7m

Total compensation

CEO salary percentage2.99%
CEO tenure6.4yrs
CEO ownership20.3%
Management average tenure5yrs
Board average tenure9yrs

Recent management updates

Analysis Article Aug 05

Most Shareholders Will Probably Agree With Divi's Laboratories Limited's (NSE:DIVISLAB) CEO Compensation

Key Insights Divi's Laboratories' Annual General Meeting to take place on 11th of August CEO Kiran Divi's total...

Recent updates

Narrative Update Jun 09

DIVISLAB: Upcoming Board Meeting And Dividend Decision Will Support Bullish Outlook

Analysts have raised their fair value estimate for Divi's Laboratories from ₹8,620.23 to ₹8,812.63, reflecting updated assumptions for the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for May 23, 2026, at 10:15 IST to review and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update May 26

DIVISLAB: Elevated Future P/E Will Continue To Signal Overvaluation Risk

Analysts have lifted Divi's Laboratories price target from ₹5,133.17 to ₹5,333.98, citing updated assumptions on revenue growth, profit margins, and future P/E expectations. What's in the News A board meeting is scheduled for May 23, 2026, at 10:15 Indian Standard Time to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).
Analysis Article May 26

Divi's Laboratories Limited (NSE:DIVISLAB) Just Released Its Annual Results And Analysts Are Updating Their Estimates

Divi's Laboratories Limited ( NSE:DIVISLAB ) last week reported its latest yearly results, which makes it a good time...
Narrative Update May 04

DIVISLAB: Elevated Future P/E Will Remain A Key Overvaluation Risk

Analysts have trimmed their price target on Divi's Laboratories slightly from ₹5,140 to about ₹5,133, reflecting updated assumptions around discount rates, revenue growth, profit margin, and future P/E expectations. Valuation Changes Fair Value: Trimmed slightly from ₹5,140.00 to about ₹5,133.17 per share.
Narrative Update Apr 20

DIVISLAB: Upcoming Board Review Will Support Bullish Long Term Outlook

Analysts have lifted their price target for Divi's Laboratories slightly, with fair value now seen around ₹8,620 versus about ₹8,554 earlier, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled on Feb 11, 2026 to consider and approve unaudited standalone financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update Apr 05

DIVISLAB: Elevated Future P/E Will Persist Despite Unchanged Fair Value Estimate

Analysts have maintained Divi's Laboratories' fair value estimate at ₹5,140 per share, with only small tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E, which together guide the latest price target narrative. What's in the News Board meeting scheduled for February 11, 2026, to review and approve unaudited standalone financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Mar 22

DIVISLAB: Upcoming Board Review And Fair Value Update Signal Constructive Outlook

Analysts have made a small upward adjustment to the fair value estimate for Divi's Laboratories to around ₹6,875, reflecting slightly updated assumptions on the discount rate, revenue growth, profit margins and future P/E. What's in the News Board meeting scheduled on February 11, 2026, to review and approve unaudited standalone financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Mar 08

DIVISLAB: Rich Future P/E Will Persist Despite Softer Outlook After Results

Analysts have trimmed their price target on Divi's Laboratories from ₹5,290 to ₹5,140, reflecting updated assumptions around a slightly lower revenue growth outlook, a marginally higher profit margin, a modestly reduced future P/E multiple, and an adjusted discount rate. What's in the News A board meeting is scheduled for February 11, 2026 to review and approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (Key Developments).
Narrative Update Feb 22

DIVISLAB: Upcoming Results Review Will Shape Balanced Long Term Outlook

Narrative Update on Divi's Laboratories The analyst price target for Divi's Laboratories has been adjusted slightly higher from about ₹6,823 to roughly ₹6,870, with analysts pointing to small refinements in assumptions around discount rate, revenue growth, profit margin and future P/E as the drivers of this change. What's in the News A board meeting is scheduled for February 11, 2026, to review and approve unaudited standalone financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Feb 07

DIVISLAB: Upcoming Results Review Will Support Bullish Long Term Outlook

Analysts have lifted their price target on Divi's Laboratories slightly to ₹6,823 from about ₹6,785, citing refreshed assumptions around discount rates, revenue growth, profit margin and future P/E that remain broadly in line with prior views. What's in the News A board meeting is scheduled for February 11, 2026, to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (Key Developments).
Narrative Update Jan 24

DIVISLAB: Management Changes And Rich Future P/E Will Sustain Excessive Optimism

Analysts now cite slightly higher assumptions on growth, profitability and future P/E in their models for Divi's Laboratories, which feeds into an updated fair value estimate of ₹5,290, compared with the previous ₹5,035.89. What's in the News Board meeting scheduled for November 7, 2025, at 10:30 Indian Standard Time to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update Jan 10

DIVISLAB: Upcoming Board Review And Management Changes Will Support Bullish Outlook

Analysts have raised their price target for Divi's Laboratories from ₹7,750 to about ₹8,554, citing updated assumptions related to revenue growth, profit margins and future P/E levels in their models. What's in the News Board meeting scheduled on Nov 07, 2025 at 10:30 Indian Standard Time to review unaudited standalone and consolidated financial results for the quarter and half year ended Sep 30, 2025 (company filing).
Analysis Article Dec 30

Earnings Not Telling The Story For Divi's Laboratories Limited (NSE:DIVISLAB)

Divi's Laboratories Limited's ( NSE:DIVISLAB ) price-to-earnings (or "P/E") ratio of 68.3x might make it look like a...
Narrative Update Dec 25

DIVISLAB: Rising Profitability Expectations Will Mask Moderating Revenue And Justify Excessive Optimism

Analysts have raised their price target for Divi's Laboratories from ₹4,756 to ₹5,036, citing expectations of stronger profitability and a slightly richer future valuation multiple, despite moderating revenue growth assumptions. What's in the News Board meeting scheduled for November 7, 2025 at 10:30 Indian Standard Time to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Narrative Update Dec 11

DIVISLAB: Upcoming Board Meeting And Leadership Review Will Shape Fair Outlook

Analysts have nudged their price target for Divi's Laboratories slightly higher, reflecting marginal improvements in discount rate assumptions and long term growth expectations that together support a fair value estimate of ₹6,785.10 per share. What's in the News Board meeting scheduled for November 7, 2025, at 10:30 IST to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing).
Analysis Article Dec 09

Divi's Laboratories (NSE:DIVISLAB) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Nov 27

DIVISLAB: Upcoming Board Decisions And Modest Earnings Improvements Will Shape Outlook

Analysts have raised their fair value estimate for Divi's Laboratories from ₹6,433 to ₹6,785, citing modest improvements in revenue growth and profit margin expectations. What's in the News A board meeting is scheduled for November 7, 2025, at 10:30 IST to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Key Developments).
Analysis Article Nov 15

Investors Shouldn't Be Too Comfortable With Divi's Laboratories' (NSE:DIVISLAB) Earnings

Despite posting some strong earnings, the market for Divi's Laboratories Limited's ( NSE:DIVISLAB ) stock hasn't moved...
Analysis Article Nov 11

Divi's Laboratories Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Divi's Laboratories Limited ( NSE:DIVISLAB ) just released its latest interim results and things are looking bullish...
Narrative Update Nov 08

DIVISLAB: Upcoming Board Decisions And Modest Earnings Improvements Will Shape Outlook

Analysts have modestly increased their price target for Divi's Laboratories from ₹6,363 to ₹6,433, citing slight improvements in projected revenue growth and profit margins as the underlying factors. What's in the News Upcoming Board Meeting scheduled for November 7, 2025, at 10:30 AM IST.
Analysis Article Sep 06

Divi's Laboratories Limited's (NSE:DIVISLAB) Share Price Could Signal Some Risk

With a price-to-earnings (or "P/E") ratio of 69.2x Divi's Laboratories Limited ( NSE:DIVISLAB ) may be sending very...
Narrative Update Sep 05

Custom Synthesis And Capacity Expansion Will Unlock Global Demand

With both the consensus price target and future P/E ratio for Divi's Laboratories remaining virtually unchanged, analysts signal stable valuation expectations, resulting in a steady fair value assessment at ₹6363. What's in the News Board meeting scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.
Analysis Article Aug 10

Divi's Laboratories Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

NSEI:DIVISLAB 1 Year Share Price vs Fair Value Explore Divi's Laboratories's Fair Values from the Community and select...
Analysis Article Aug 05

Most Shareholders Will Probably Agree With Divi's Laboratories Limited's (NSE:DIVISLAB) CEO Compensation

Key Insights Divi's Laboratories' Annual General Meeting to take place on 11th of August CEO Kiran Divi's total...
Analysis Article Jul 17

Here's What Analysts Are Forecasting For Divi's Laboratories Limited (NSE:DIVISLAB) After Its Yearly Results

Divi's Laboratories Limited ( NSE:DIVISLAB ) shareholders are probably feeling a little disappointed, since its shares...
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New Narrative Nov 10

Tactical Expansions And Innovation Could Offset Generic Pricing Pressures And Boost Profitability

Strategic investments in peptide synthesis and greenfield expansion enhance future revenue potential through capacity and product line growth.

CEO Compensation Analysis

How has Kiran Divi's remuneration changed compared to Divi's Laboratories's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹26b

Dec 31 2025n/an/a

₹25b

Sep 30 2025n/an/a

₹25b

Jun 30 2025n/an/a

₹23b

Mar 31 2025₹308m₹9m

₹22b

Dec 31 2024n/an/a

₹21b

Sep 30 2024n/an/a

₹18b

Jun 30 2024n/an/a

₹17b

Mar 31 2024₹228m₹9m

₹16b

Dec 31 2023n/an/a

₹14b

Sep 30 2023n/an/a

₹13b

Jun 30 2023n/an/a

₹15b

Mar 31 2023₹248m₹9m

₹18b

Dec 31 2022n/an/a

₹24b

Sep 30 2022n/an/a

₹30b

Jun 30 2022n/an/a

₹31b

Mar 31 2022₹377m₹5m

₹30b

Dec 31 2021n/an/a

₹26b

Sep 30 2021n/an/a

₹21b

Jun 30 2021n/an/a

₹20b

Mar 31 2021₹282m₹10m

₹20b

Dec 31 2020n/an/a

₹19b

Sep 30 2020n/an/a

₹18b

Jun 30 2020n/an/a

₹16b

Mar 31 2020₹184m₹8m

₹14b

Compensation vs Market: Kiran's total compensation ($USD3.26M) is above average for companies of similar size in the Indian market ($USD1.11M).

Compensation vs Earnings: Kiran's compensation has increased by more than 20% in the past year.


CEO

Kiran Divi (50 yo)

6.4yrs
Tenure
₹307,700,000
Compensation

Dr. Kiran Satchandra Divi has been the Chief Executive Officer of Divi's Laboratories Limited since January 4, 2020. Dr. Divi has been an Whole-time Director at Divi's Laboratories Limited since August 10,...


Leadership Team

NamePositionTenureCompensationOwnership
Kiran Divi
CEO & Whole-Time Director6.4yrs₹307.70m20.34%
₹ 362.5b
Venkata Nimmagadda
Executive Director31.7yrs₹451.80mno data
Murali Krishna Divi
MD & Executive Directorno data₹881.50m2.85%
₹ 50.8b
Devendra Sureddy
Whole-Time Director (Manufacturing)2.3yrs₹31.10m0.023%
₹ 402.7m
Nilima Divi
Whole-time Director5yrs₹307.00m20.34%
₹ 362.5b
Venkatesa Pasumarthy
Chief Financial Officerless than a yearno datano data
Manoranjan Jasti
Chief Information Officer1.3yrsno datano data
M. Choudhury
Company Secretary & Compliance Officer6.9yrs₹3.80mno data
Satya Divi
Vice President of Salesno data₹28.70mno data
Y. T. Prasad
Global Quality Headno data₹14.00mno data
M. Babu
Chief Technologist - PDSCno data₹23.60m0.0052%
₹ 91.9m
P. Rao
Chief Technologist - PDSCno data₹23.60mno data
5.0yrs
Average Tenure
60.5yo
Average Age

Experienced Management: DIVISLAB's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kiran Divi
CEO & Whole-Time Director24.8yrs₹307.70m20.34%
₹ 362.5b
Venkata Nimmagadda
Executive Director31.7yrs₹451.80mno data
Murali Krishna Divi
MD & Executive Director35.7yrs₹881.50m2.85%
₹ 50.8b
Devendra Sureddy
Whole-Time Director (Manufacturing)2.3yrs₹31.10m0.023%
₹ 402.7m
Nilima Divi
Whole-time Director9yrs₹307.00m20.34%
₹ 362.5b
Rameshbabu Nimmagadda
Independent Non-Executive Chairman9yrs₹3.50mno data
Seru Ganapathy
Non-Executive Independent Director8.9yrs₹3.20mno data
Sunaina Singh
Non-Executive Independent Director7.3yrs₹2.70mno data
Kosaraju Chowdary
Non-Executive Independent Director6.4yrs₹3.10mno data
Rajendra Premchand
Independent Director2.1yrs₹2.40mno data
9.0yrs
Average Tenure
68yo
Average Age

Experienced Board: DIVISLAB's board of directors are considered experienced (9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 11:29
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Divi's Laboratories Limited is covered by 47 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rohit Bhat360 ONE Capital Market Private Limited
Gaurav TinaniAmbit Capital
Pranav ChawlaAmbit Capital