Parnax Lab

Why is Parnax Lab Ltd falling/rising?

As of 01-Sep, Parnax Lab Ltd's stock price is rising to 139.45, reflecting a 7.1% increase due to strong short-term performance, increased investor participation, and consistent historical returns, despite some negative factors like a decline in profits.

As of 01-Sep, Parnax Lab Ltd's stock price is rising, currently at 139.45, reflecting a change of 9.25 or 7.1% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed the sector by 7.96% today and opened with a gain of 3.69%. Additionally, it reached an intraday high of Rs 141.95, which is a 9.02% increase from the previous close. <BR><BR>Investor participation has also increased significantly, with delivery volume rising by 266.36% compared to the 5-day average. This indicates heightened interest and confidence among investors. Furthermore, the stock has shown consistent returns over the last three years, generating an 8.69% return in the past year while outperforming the BSE500 in each of the last three annual periods.<BR><BR>Despite some negative factors, such as a decline in profits by 6.9% over the past year and a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 14.37%, the stock's attractive valuation with a Price to Book Value of 1.7 and its fair value compared to peers' historical valuations contribute positively to its current performance. Overall, the combination of strong short-term performance, increased investor participation, and consistent historical returns supports the rise in Parnax Lab Ltd's stock price.

Which are the latest news on Parnax Lab?

Who are in the management team of Parnax Lab?

The management team of Parnax Lab includes Vindyak B Desai (Independent Director), Prakash M Shah (Director & CEO), Baiju M Shah (Managing Director & CFO), Ami M Shah (Director), T V Anantharaman (Independent Director), Yogesh Varia (Independent Director), and Preet Vijay Kukreja (Company Secretary & Compliance Officer).

The management team of Parnax Lab includes the following individuals:<BR><BR>1. **Vindyak B Desai** - Independent Director<BR>2. **Prakash M Shah** - Director & Chief Executive Officer<BR>3. **Baiju M Shah** - Managing Director & Chief Financial Officer<BR>4. **Ami M Shah** - Director<BR>5. **T V Anantharaman** - Independent Director<BR>6. **Yogesh Varia** - Independent Director<BR>7. **Preet Vijay Kukreja** - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Parnax Lab do?

Parnax Lab Ltd is a Micro Cap company that manufactures and exports pharmaceutical formulations. As of June 2026, it reported net sales of 57 Cr and a net profit of 0 Cr, with a market cap of INR 154 Cr.

Overview:<BR>Parnax Lab Ltd is engaged in the manufacturing and export of pharmaceutical formulations within the Pharmaceuticals & Biotechnology industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Parnax Lab Ltd was incorporated in August 1982 and was formerly known as Krishna Deep Trade & Investment Ltd until it changed its name on July 19, 2012. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 57 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 154 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 15.00<BR>- Industry P/E: 21<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.87<BR>- Return on Equity: 13.57%<BR>- Price to Book: 1.62<BR><BR>Contact Details:<BR>- Address: Gala 114 Bldg No 8, Jogani Ind Complex Chunabhatti Mumbai Maharashtra : 400022<BR>- Phone: 91-022-6825 2525<BR>- Email: info@naxparlab.com<BR>- Website: http://www.naxparlab.com

Who are the peers of the Parnax Lab?

Parnax Lab's peers include Achyut Healthcar, Smruthi Organic, and Quest Laborato, among others. Parnax Lab has below average management risk, good growth, and an excellent capital structure, with a 1-year return of 2.76%.

Peers: Achyut Healthcar, Smruthi Organic, Parnax Lab, Panch.Organics, Auro Labs., Lactose (India), Bal Pharma, Alpa Laboratorie, Kimia Bioscien., Quest Laborato.<BR><BR>Quality Snapshot: Excellent management risk is observed at Quest Laborato, while Below Average management risk is found at Parnax Lab, Achyut Healthcar, Lactose (India), and Kimia Bioscien., and Average management risk is noted at Smruthi Organic, Panch.Organics, Auro Labs., Bal Pharma, and Alpa Laboratorie. Good growth is seen at Parnax Lab, Lactose (India), and Quest Laborato, while Average growth is present at Achyut Healthcar, Smruthi Organic, and the rest, and Below Average growth is noted at Panch.Organics, Auro Labs., Bal Pharma, Alpa Laboratorie, and Kimia Bioscien. Excellent capital structure is found at Parnax Lab, Panch.Organics, and Quest Laborato, while Good capital structure is observed at Smruthi Organic, Alpa Laboratorie, and the rest, and Below Average capital structure is noted at Auro Labs., Lactose (India), Bal Pharma, and Kimia Bioscien.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Achyut Healthcar at 35.80%, while the peer with the lowest is Alpa Laboratorie at -33.56%. Parnax Lab's 1-year return is 2.76%, which is higher than Alpa Laboratorie but lower than Achyut Healthcar. Additionally, Auro Labs., Bal Pharma, Alpa Laboratorie, Kimia Bioscien., and Panch.Organics have negative six-month returns.

How big is Parnax Lab?

As of 31st August, Parnax Lab Ltd has a market capitalization of 154.00 Cr, with net sales of 251.97 Cr and a net profit of 8.95 Cr over the latest four quarters. As of March 2025, shareholder's funds were 83.10 Cr and total assets were valued at 189.82 Cr.

As of 31st August, Parnax Lab Ltd has a market capitalization of 154.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Parnax Lab reported net sales of 251.97 Cr and a net profit of 8.95 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where shareholder's funds amounted to 83.10 Cr and total assets were valued at 189.82 Cr.

Should I buy, sell or hold Parnax Lab Ltd?

When is the next results date for Parnax Lab Ltd?

The next results date for Parnax Lab Ltd is 14 August 2026.

The next results date for Parnax Lab Ltd is scheduled for 14 August 2026.

Are Parnax Lab Ltd latest results good or bad?

Parnax Lab Ltd's latest results show strong revenue growth of 41.99% year-on-year, reaching ₹69.63 crores, but a significant decline in net profit by 25.34% raises concerns about profitability and operational challenges, placing the company in the "SELL" territory. Investors should be cautious due to these mixed signals.

Parnax Lab Ltd's latest results present a mixed picture, highlighting both strengths and significant concerns. On the positive side, the company achieved a record revenue of ₹69.63 crores in Q4 FY26, reflecting a strong year-on-year growth of 41.99% and a sequential increase of 10.63%. This indicates robust sales performance and a consistent growth trajectory.<BR><BR>However, the net profit has declined sharply to ₹2.18 crores, down 19.56% quarter-on-quarter and 25.34% year-on-year. This decline is particularly concerning given the strong revenue growth, suggesting that the company's profitability is under pressure. The operating margin has also contracted to 7.02%, the lowest in eight quarters, indicating rising costs that are not being offset by revenue gains.<BR><BR>Moreover, a significant portion of the profit before tax (61.61%) is coming from other income, raising questions about the sustainability and quality of earnings. The company's Mojo Score of 44/100 places it in the "SELL" territory, reflecting concerns about its financial health and fundamental strength.<BR><BR>In summary, while Parnax Lab has demonstrated impressive revenue growth, the declining profitability and margin pressures indicate that the latest results are more concerning than positive. Investors should approach the stock with caution, particularly given the current operational challenges.

How has been the historical performance of Parnax Lab?

Parnax Lab has shown steady growth in net sales and profitability, with net sales reaching 187.74 Cr in March 2025, up from 163.03 Cr in March 2022. Key financial metrics, including profit after tax and earnings per share, have also improved, reflecting a positive trend in overall performance.

Answer:<BR>The historical performance of Parnax Lab shows a steady growth in net sales and profitability over the years, culminating in the latest figures for March 2025.<BR><BR>Breakdown:<BR>Parnax Lab's net sales increased slightly to 187.74 Cr in March 2025 from 188.71 Cr in March 2024, showing a growth trend from 167.61 Cr in March 2023 and 163.03 Cr in March 2022. The total operating income mirrored this trend, reaching 187.74 Cr in March 2025. The total expenditure, excluding depreciation, decreased to 160.97 Cr in March 2025 from 165.17 Cr in March 2024, contributing to an operating profit (PBDIT) of 28.45 Cr, up from 24.36 Cr the previous year. Profit before tax also rose to 15.67 Cr in March 2025, compared to 12.05 Cr in March 2024, while profit after tax reached 11.54 Cr, an increase from 9.62 Cr. The earnings per share improved to 10.03 in March 2025 from 8.36 in March 2024. On the balance sheet, total assets stood at 189.82 Cr in March 2025, slightly down from 190.26 Cr in March 2024, with total liabilities also decreasing to 189.82 Cr from 190.26 Cr. The company maintained a book value per share of 72.35 in March 2025, up from 62.32 in March 2024. Cash flow from operating activities significantly improved to 32.00 Cr in March 2025 from 15.00 Cr in March 2024, indicating a positive cash flow trend.

Is Parnax Lab overvalued or undervalued?

As of November 10, 2025, Parnax Lab is considered an attractive investment opportunity due to its undervalued status with a PE ratio of 13.34 and strong financial ratios, despite a year-to-date stock decline of 25.27%.

As of 10 November 2025, Parnax Lab's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its stock. The company is currently considered undervalued, supported by a PE ratio of 13.34, an EV to EBITDA of 8.24, and a ROE of 13.86%. In comparison to its peers, Parnax Lab's valuation stands out against Elitecon International, which is deemed very expensive with a PE ratio of 359.8, and PTC India, which is classified as very attractive with a PE ratio of 7.89.<BR><BR>Despite recent stock performance showing a decline of 25.27% year-to-date compared to a 6.91% gain in the Sensex, Parnax Lab's strong financial ratios and improved valuation grade suggest that it may present a compelling investment opportunity. The company's solid fundamentals, including a PEG ratio of 2.54, further reinforce the notion that it is undervalued relative to its peers in the pharmaceuticals and biotechnology industry.

What is the technical trend for Parnax Lab?

As of May 27, 2025, Parnax Lab's technical trend is mildly bearish, influenced by daily moving averages and mixed signals from MACD and Bollinger Bands, despite some bullish indicators on the weekly chart.

As of 27 May 2025, the technical trend for Parnax Lab has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands show a bullish stance on the weekly chart but are mildly bearish on the monthly chart. Moving averages are mildly bearish on the daily timeframe. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory supports a mildly bullish outlook on both weekly and monthly timeframes. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and Bollinger Bands.

Who are the top shareholders of the Parnax Lab?

The top shareholders of Parnax Lab include promoters, with Binoy Baiju Shah holding the largest individual stake at 11.92%. Individual investors own 24.73% of the shares, while the highest public shareholder is Suman Gupta at 1.62; there are no mutual funds or foreign institutional investors involved.

The top shareholders of Parnax Lab primarily consist of promoters, with Binoy Baiju Shah holding the highest individual stake at 11.92%. Additionally, individual investors collectively hold 24.73% of the shares. Notably, there are no mutual funds or foreign institutional investors (FIIs) currently holding shares in the company. The highest public shareholder is Suman Gupta, who holds 1.62%.

Has Parnax Lab declared dividend?

No Dividend History Available