SP

Sun Pharmaceutical Industries Ltd

Q2 FY27Pharmaceuticals & Biotechnology

Sun Pharmaceutical Industries Q2 Results 2026 (FY27): Guides 10–20% Revenue Growth

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Revenue
₹16,199Cr
+11.9% YoY
Net profit
₹1,995Cr
−36.2% YoY
Margin
29%
−2 pp YoY

What the Q2 FY27 call signalled

2 of 3 strong

RevenueModerate growth
CapexCapex planned
FundraiseFundraise planned
Price₹1,829
Market cap₹4.4L Cr
P/E35.7

The short version

India business saw strong 17.3% sales growth in Q2 FY27, with volume growth at 6.7%, outperforming the Indian Pharmaceutical Market (IPM) growth of 1.8%. Sun Pharma reported Q2 FY27 sales growth of 11.8% YoY with gross margin improvement.

From Sun Pharmaceutical Industries Ltd's Q2 FY27 earnings-call transcript · updated 6 Nov 2026.

How did Sun Pharmaceutical Industries' revenue grow in the September 2026 quarter?

Moderate growth
  • India business saw strong 17.3% sales growth in Q2 FY27, with volume growth at 6.7%, outperforming the Indian Pharmaceutical Market (IPM) growth of 1.8%. Growth is broad-based across 12 major therapy areas driven by brand building, scientific promotion, expanded field force, and increased prescribers. (Q2 FY27, Pages 5, 13, 15)
  • (Page 12)
  • US business grew quarter-on-quarter by 6.5%, supported by 5 generic product launches; Ilumya specialty drug growth to stabilize and improve over next quarters due to new psoriatic arthritis indication and interventions. (Pages 5, 7)

2 more points from Sun Pharmaceutical Industries Ltd's call on revenue

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What happened to Sun Pharmaceutical Industries' margins in Q2 FY27?

See what Sun Pharmaceutical Industries Ltd said on profitability & margins — free account, 30 seconds.

What capex is Sun Pharmaceutical Industries planning?

Capex planned
Some relevant points related to investments and spending are: - R&D investment is ongoing, with Q2 '27 R&D spend at INR 7,784 million (4.8% of sales), expected to ramp up in the second half of the year to meet guidance. - Investment in infrastructure to support clinical trial recruitment is underway.

2 more points from Sun Pharmaceutical Industries Ltd's call on capex

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Top-ranked in Pharmaceuticals & Biotechnology

Ranked on what management guided this quarter

Guidance-ranked
1KRM Ayurveda
Rev 1Mar 1
2Accretion Pha.
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Sun Pharmaceutical Industries raising money or cutting debt?

See what Sun Pharmaceutical Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Sun Pharmaceutical Industries' order book?

The discussion primarily focuses on: - Financial performance and revenue growth across regions. - Product launches and pipeline updates. - Details about the Organon acquisition timeline and related costs. - Market growth drivers including volume growth in India and Emerging Markets.

2 more points from Sun Pharmaceutical Industries Ltd's call on order book

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Sun Pharmaceutical Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Sun Pharmaceutical Industries Ltd Q2 FY27 results — key figures

Sun Pharmaceutical Industries Ltd Q2 FY27 reported results vs Q2 FY26, ₹ crore
₹ CrQ2 FY27Q2 FY26YoYQ1 FY27QoQ
Revenue16,19914,478+11.9%15,300+5.9%
Operating profit (EBITDA)4,7444,527+4.8%4,418+7.4%
Operating margin29%31%-2 pp29%0 pp
Profit before tax3,1594,168-24.2%4,099-22.9%
Net profit (PAT)1,9953,125-36.2%2,901-31.2%
EPS (₹)8.2913.00-36.2%12.06-31.3%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹16.2K Cr, net profit ₹2.0K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Sun Pharmaceutical Industries Ltd Q2 FY27 results?

India business saw strong 17.3% sales growth in Q2 FY27, with volume growth at 6.7%, outperforming the Indian Pharmaceutical Market (IPM) growth of 1.8%. Sun Pharma reported Q2 FY27 sales growth of 11.8% YoY with gross margin improvement.

What is Sun Pharmaceutical Industries Ltd share price analysis?

Sun Pharmaceutical Industries Ltd currently shows a below-average growth signal. The stock trades at a P/E of 35.7 with a market cap of ₹438,838 Cr. Investors should review the full earnings analysis for detailed insights.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.