Morepen Laboratories (NSE:MOREPENLAB) Tax Rate %: 32.58% (As of Mar. 2026)


NSE:MOREPENLAB Morepen Laboratories Ltd NSE:MOREPENLAB
78 GF Score
Price ₹60.78
GF Value ₹49.90
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Morepen Laboratories Tax Rate %?

Morepen Laboratories NSE:MOREPENLAB +2.89% 78 Tax Rate % is 32.58% as of Mar. 2026. GuruFocus rates NSE:MOREPENLAB with a GF Score™ of 78/100 and a GF Value™ of ₹49.90 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Morepen Laboratories's Tax Expense for the three months ended in Mar. 2026 was ₹76 Mil. Morepen Laboratories's Pre-Tax Income for the three months ended in Mar. 2026 was ₹233 Mil. Therefore, Morepen Laboratories's Tax Rate % for the quarter that ended in Mar. 2026 was 32.58%.

Morepen Laboratories Tax Rate % Related Terms

Morepen Laboratories Tax Rate % Historical Data

* Premium members only.

The historical data trend for Morepen Laboratories's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Morepen Laboratories Tax Rate % Chart

Morepen Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.75 30.63 28.65 23.91 20.24

Morepen Laboratories Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.02 26.49 10.18 22.38 32.58
NSE:MOREPENLAB
78GF Score
Morepen Laboratories Ltd NSE:MOREPENLAB
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morepen Laboratories Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Morepen Laboratories's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=242.735/1199.2
=20.24 %

Morepen Laboratories's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=75.866/232.875
=32.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 32.58% mean?
Morepen Laboratories (NSE:MOREPENLAB) has a Tax Rate % of 32.58% as of Mar. 2026.
Is Morepen Laboratories' Tax Rate % too high?
Morepen Laboratories' current Tax Rate % is 32.58%. Overall, Morepen Laboratories has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morepen Laboratories' Tax Rate % compare to ZTS and UTHR?
Morepen Laboratories' Tax Rate % of 32.58% can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Morepen Laboratories's current Tax Rate % is 32.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morepen Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Morepen Laboratories (NSE:MOREPENLAB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹49.90, compared to a current price of ₹60.78 — trading 21.8% above its estimated fair value. The current Tax Rate % is 32.58%. Morepen Laboratories' overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Morepen Laboratories (NSE:MOREPENLAB), the current Tax Rate % is 32.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Morepen Laboratories (NSE:MOREPENLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Morepen Laboratories stock appears to be overvalued. The current stock price of ₹60.78 is trading 21.8% above its estimated GF Value™ of ₹49.90. GuruFocus considers Morepen Laboratories to be Modestly Overvalued.

Key valuation signals for NSE:MOREPENLAB:

  • Tax Rate %: 32.58%
  • GF Value™: ₹49.90 vs. price of ₹60.78 (21.8% above fair value)
  • GF Score™: 78/100 with 9 warning signs

No single metric tells the full story. See the NSE:MOREPENLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Morepen Laboratories Business Description

Other Exchanges 500288:India
Address Udyog Vihar-III, Sector-20, 2nd Floor, Tower C, DLF Cyber Park, Gurugram, HR, IND, 122016
Morepen Laboratories Ltd is in the business of manufacturing, producing, developing, and marketing various Active Pharmaceutical Ingredients (APIs), branded and generic formulations, and also Home Health products. Some of the products offered by the company include various drug formulations, APIs, digital thermometers, heat belts, pulse oximeters, nutritional tablets, pain sprays, and others. The company operates in a single segment namely, Pharmaceuticals. Geographically, the company derives maximum revenue from India and the rest from the United States of America, and the Rest of the world.
78GF Score

Get the complete analysis for NSE:MOREPENLAB

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹60.78
Price
₹49.90
GF Value