Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,320.97
1,345.72
1,267.35
1,053.85
1,178.54
901.46
646.47
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,320.97
1,345.72
1,267.35
1,053.85
1,178.54
901.46
646.47
Raw Material Cost
752.53
730.76
663.05
591.37
600.57
479.05
341.79
Purchase of Finished goods
64.79
135.94
146.92
99.16
200.85
166.67
120.44
(Increase) / Decrease In Stocks
6.57
-23.14
-4.07
24.81
6.49
-40.48
-30.89
Employee Cost
173.98
151.90
133.53
112.21
118.02
97.80
79.70
Power Cost
32.71
28.56
23.89
16.25
13.52
9.36
9.68
Manufacturing Expenses
-0.01
-0.01
0.00
0.00
0.00
0.01
0.01
Selling and Distribution Expenses
81.16
92.76
106.68
80.73
67.33
42.20
40.03
Other Expenses
108.07
97.13
87.11
65.34
53.77
58.74
36.02
Total Expenditure (Excl Depreciation)
1,219.80
1,213.90
1,157.11
989.87
1,060.55
813.35
596.78
Operating Profit (PBDIT) excl Other Income
101.17
131.82
110.24
63.98
117.99
88.11
49.69
Other Income
12.85
13.76
9.73
3.01
7.13
7.90
7.70
Operating Profit (PBDIT)
114.02
145.58
119.97
66.99
125.12
96.01
57.39
Interest
12.54
3.67
2.91
1.42
-8.16
1.84
1.36
Exceptional Items
25.83
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
127.31
141.91
117.06
65.57
133.28
94.17
56.03
Depreciation
30.69
12.51
23.85
20.95
20.76
23.30
28.28
Profit Before Tax
96.63
129.40
93.21
44.61
112.53
70.87
27.75
Tax
16.69
31.69
25.33
14.18
23.17
0.55
5.19
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
79.95
97.71
67.88
30.43
89.36
70.33
22.56
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
79.95
97.71
67.88
30.43
89.36
70.33
22.56
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-0.84
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
79.13
97.71
67.88
30.43
89.36
70.33
22.56
Equity Capital
109.58
109.58
102.23
102.23
89.96
89.96
89.96
Face Value
2.0
2.0
2.0
2.0
2.0
2.0
2.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
0.5
0.49
0.63
0.16
0.41
0.53
0.24
Operating Profit Margin (Excl OI)
7.66%
9.8%
8.7%
6.07%
10.01%
9.77%
7.69%
Gross Profit Margin
9.64%
10.55%
9.24%
6.22%
11.31%
10.45%
8.67%
PAT Margin
6.05%
7.26%
5.36%
2.89%
7.58%
7.8%
3.49%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is -1.84% vs 6.18% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is -19.02% vs 43.95% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is -23.25% vs 19.58% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is 241.69% vs 26.12% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has fallen from Dec 2024
Compare Nine Monthly Results Of Morepen Labs. With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
1,320.97
1,193.20
127.77
10.71%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,320.97
1,193.20
127.77
10.71%
Raw Material Cost
752.53
588.30
164.23
27.92%
Purchase of Finished goods
64.79
0.00
64.79
(Increase) / Decrease In Stocks
6.57
-43.20
49.77
115.21%
Employee Cost
173.98
203.10
-29.12
-14.34%
Power Cost
32.71
0.00
32.71
Manufacturing Expenses
-0.01
0.00
-0.01
Selling and Distribution Expenses
81.16
0.00
81.16
Other Expenses
108.07
330.00
-221.93
-67.25%
Total Expenditure (Excl Depreciation)
1,219.80
1,078.20
141.60
13.13%
Operating Profit (PBDIT) excl Other Income
101.17
115.00
-13.83
-12.03%
Other Income
12.85
5.70
7.15
125.44%
Operating Profit (PBDIT)
114.02
120.70
-6.68
-5.53%
Interest
12.54
47.50
-34.96
-73.60%
Exceptional Items
25.83
-38.00
63.83
167.97%
Gross Profit (PBDT)
127.31
35.20
92.11
261.68%
Depreciation
30.69
121.80
-91.11
-74.80%
Profit Before Tax
96.63
-86.60
183.23
211.58%
Tax
16.69
-23.40
40.09
171.32%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
79.95
-63.20
143.15
226.50%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
79.95
-63.20
143.15
226.50%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
-0.84
0.00
-0.84
Other related items
0.00
0.00
0.00
Consolidated Net Profit
79.13
-63.20
142.33
225.21%
Equity Capital
109.58
24.70
84.88
343.64%
Face Value
2.00
2.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
9.64%
2.95%
0.00
6.69%
PAT Margin
6.05%
-5.30%
0.00
11.35%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 1,320.97 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -1.84% vs 6.18% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 79.13 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -19.02% vs 43.95% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 101.17 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -23.25% vs 19.58% in Dec 2024
Nine Monthly - Interest
Interest 12.54 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 241.69% vs 26.12% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 7.66%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has fallen from Dec 2024






