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Lyka Labs Limited, a pharmaceutical company, engages in development, manufacture, and marketing of pharmaceutical formulations and active pharmaceutical ingredients across various therapeutic segments in India. The company manufactures and sells various formulations, including emollient, topical steroid, antifungal agent, topical anti-bacterial, acne management, dermatological formulation, pain killer, anti-aging, cleansing lotion, hair care, anti-dandruff shampoo, sunscreen, anti-acne, cosmeceutical, anti-oxidant, proton pump inhibitor, anti-malarial, anti-bacterial, corticosteroid hormones, cephalosporin, dry powder injection, muscle relaxant, bone resorption inhibitor, anti-oxidant/liver disease, antibiotic, and lyophilized products. It also offers contracted manufacturing services to various large pharmaceutical companies; and medical and technical assistance in the areas of manufacturing know how and manufacturing facilities, as well as technical data, such as molecule stability testing data, impurity profile, and BA/BE clinical study data. In addition, it provides products and services in therapeutic categories, such as intensive care, gastroenterology, anti-infective, anti-fungal, surgery care, cosmetologist, urology, wound care, and anesthesia, as well as deals in pharmaceutical products. The company offers its products in various formulations, including injections, creams, ointments, gels, and lotions. It also exports its products to Bangladesh, Combodia, Congo, Costa Rica, Peru, Romania, Russia, Sri Lanka, Sudan, Ukraine, Venezuela, and Vietnam. Lyka Labs Limited was incorporated in 1976 and is based in Mumbai, India.

Lyka Labs Dividend Announcement

Lyka Labs announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 1996-10-01. Ex dividend date: 1996-08-12
Lyka Labs's trailing twelve-month (TTM) dividend yield is -%

Lyka Labs Dividend History

Ex-Div dateDividend amountDividend typePay date
1996-08-12₹2.50annually1996-10-01
1995-09-11₹2.50annually1995-10-01

Lyka Labs Dividend per year

Lyka Labs Dividend Yield

Lyka Labs current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lyka Labs stock? Use our calculator to estimate your expected dividend yield:

Lyka Labs Financial Ratios

P/E ratio848.23
PEG ratio-5.65
P/B ratio7.54
ROE0.89%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Lyka Labs Dividend FAQ

Does Lyka Labs stock pay dividends?
Lyka Labs does not currently pay dividends to its shareholders.
Has Lyka Labs ever paid a dividend?
No, Lyka Labs has no a history of paying dividends to its shareholders. Lyka Labs is not known for its dividend payments.
Why doesn't Lyka Labs pay dividends?
There are several potential reasons why Lyka Labs would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Lyka Labs ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Lyka Labs has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Lyka Labs a dividend aristocrat?
Lyka Labs is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Lyka Labs a dividend king?
Lyka Labs is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Lyka Labs a dividend stock?
No, Lyka Labs is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Lyka Labs stocks?
To buy Lyka Labs you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Lyka Labs stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.