EMCURE vs IPCALAB: Stock Comparison
IPCA LABORATORIES is the larger company by market capitalisation. EMCURE PHARMACEUTICALS L shows a lower P/E, a higher ROE and faster revenue growth, while IPCA LABORATORIES shows a higher dividend yield, lower leverage and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
EMCURE leads 7; IPCALAB leads 6 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | EMCURE | IPCALAB |
|---|---|---|
| Sector | Healthcare | Healthcare |
| Industry | Pharmaceuticals | Pharmaceuticals |
Price
| Metric | EMCURE | IPCALAB |
|---|---|---|
| Live Price | ₹1,927.6 | ₹1,965.3 |
| Day Change | 3.93% | 0.47% |
| Volume | 2.77 L | 80,401 |
| 52-Week High | ₹2,048 | ₹2,001.5 |
| 52-Week Low | ₹1,260 | ₹1,251.6 |
| Distance from 52W High | -5.88% | -1.81% |
Valuation
| Metric | EMCURE | IPCALAB |
|---|---|---|
| Market Cap | ₹36,661 Cr | ₹49,853 Cr |
| P/E Ratio | 34.81x | 37.87x |
| P/B Ratio | 7.11x | 6.15x |
| EPS | ₹15.5 | ₹14.71 |
| Book Value | ₹262.37 | ₹375.4 |
| Dividend Yield | 0% | 0.31% |
Growth
| Metric | EMCURE | IPCALAB |
|---|---|---|
| Revenue Growth (TTM YoY) | 16.7% | 6.2% |
| EPS Growth (TTM YoY) | 28.8% | 341.6% |
| Qtr Sales Growth | 77.85% | -23.99% |
| Qtr Profit Growth | 46.17% | -12.02% |
Profitability & Leverage
| Metric | EMCURE | IPCALAB |
|---|---|---|
| ROE | 19.75% | 14.19% |
| ROCE | 16.28% | 14.74% |
| Net Margin | 10.04% | 11.83% |
| Operating Margin | 20.26% | 21.48% |
| Debt to Equity | 0.37x | 0.03x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | EMCURE | IPCALAB |
|---|---|---|
| Promoter Holding | 77.6%▼ 0.04 pp | 44.72% |
| FII Holding | 4.88%▲ 1.53 pp | 10.73%▲ 0.1 pp |
| DII Holding | 8.46%▲ 2.36 pp | 37.37%▼ 0.08 pp |
| Public Holding | 8.83%▼ 3.85 pp | 7.18%▼ 0.02 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: EMCURE PHARMACEUTICALS L and IPCA LABORATORIES.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

