Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Cipla Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5,739 | 6,329 | 6,678 | 6,604 | 6,163 | 6,694 | 7,051 | 7,073 | 6,730 | 6,957 | 7,589 | 7,074 | 6,541 |
| Expenses + | 4,566 | 4,835 | 4,944 | 4,856 | 4,847 | 4,978 | 5,165 | 5,084 | 5,192 | 5,179 | 5,695 | 5,819 | 5,586 |
| Operating Profit | 1,174 | 1,494 | 1,734 | 1,748 | 1,316 | 1,716 | 1,886 | 1,989 | 1,538 | 1,778 | 1,895 | 1,255 | 955 |
| OPM % | 20% | 24% | 26% | 26% | 21% | 26% | 27% | 28% | 23% | 26% | 25% | 18% | 15% |
| Other Income + | -48 | 136 | 176 | -10 | 249 | 160 | 191 | 222 | 289 | 259 | 269 | -70 | 148 |
| Interest | 34 | 16 | 26 | 30 | 18 | 18 | 15 | 15 | 14 | 14 | 13 | 14 | 13 |
| Depreciation | 346 | 239 | 290 | 233 | 288 | 247 | 272 | 280 | 309 | 253 | 297 | 278 | 383 |
| Profit before tax | 745 | 1,375 | 1,594 | 1,474 | 1,259 | 1,611 | 1,789 | 1,916 | 1,504 | 1,770 | 1,854 | 893 | 707 |
| Tax % | 30% | 28% | 28% | 28% | 26% | 27% | 27% | 17% | 19% | 27% | 27% | 24% | 22% |
| Net Profit + | 522 | 998 | 1,155 | 1,068 | 932 | 1,175 | 1,305 | 1,575 | 1,214 | 1,292 | 1,353 | 674 | 543 |
| EPS in Rs | 6.51 | 12.33 | 14.01 | 13.08 | 11.63 | 14.58 | 16.13 | 19.45 | 15.13 | 16.06 | 16.73 | 8.37 | 6.87 |
Financials of Cipla Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 11,345 | 13,790 | 14,394 | 15,156 | 16,362 | 17,132 | 19,160 | 21,763 | 22,753 | 25,774 | 27,548 | 28,163 |
| Expenses + | 9,183 | 11,310 | 11,898 | 12,329 | 13,265 | 13,926 | 14,907 | 17,211 | 17,726 | 19,483 | 20,420 | 22,280 |
| Operating Profit | 2,163 | 2,480 | 2,496 | 2,826 | 3,097 | 3,206 | 4,252 | 4,553 | 5,027 | 6,291 | 7,128 | 5,883 |
| OPM % | 19% | 18% | 17% | 19% | 19% | 19% | 22% | 21% | 22% | 24% | 26% | 21% |
| Other Income + | 164 | 208 | 208 | 280 | 477 | 344 | 266 | 99 | 293 | 552 | 862 | 606 |
| Interest | 168 | 207 | 159 | 114 | 168 | 197 | 161 | 106 | 110 | 90 | 62 | 54 |
| Depreciation | 505 | 754 | 1,323 | 1,323 | 1,326 | 1,175 | 1,068 | 1,052 | 1,172 | 1,051 | 1,107 | 1,211 |
| Profit before tax | 1,654 | 1,727 | 1,222 | 1,669 | 2,079 | 2,178 | 3,290 | 3,493 | 4,038 | 5,702 | 6,821 | 5,224 |
| Tax % | 24% | 19% | 15% | 15% | 27% | 29% | 27% | 27% | 30% | 27% | 22% | 26% |
| Net Profit + | 1,229 | 1,383 | 1,035 | 1,417 | 1,492 | 1,500 | 2,389 | 2,547 | 2,833 | 4,154 | 5,269 | 3,862 |
| EPS in Rs | 14.71 | 16.93 | 12.51 | 17.52 | 18.96 | 19.18 | 29.82 | 31.19 | 34.71 | 51.05 | 65.28 | 48.02 |
| Dividend Payout % | 14% | 12% | 16% | 17% | 16% | 21% | 17% | 16% | 24% | 25% | 25% | 27% |
Financials of Cipla Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 162 | 162 |
| Reserves | 10,641 | 11,356 | 12,383 | 14,068 | 14,851 | 15,602 | 18,165 | 20,680 | 23,246 | 26,545 | 31,032 | 34,270 |
| Borrowings + | 1,703 | 5,202 | 4,113 | 4,098 | 4,316 | 2,816 | 2,014 | 1,056 | 803 | 559 | 438 | 614 |
| Other Liabilities + | 3,166 | 4,331 | 4,213 | 4,346 | 4,433 | 4,843 | 4,514 | 4,960 | 5,089 | 5,267 | 5,702 | 7,450 |
| Total Liabilities | 15,670 | 21,049 | 20,869 | 22,673 | 23,762 | 23,423 | 24,855 | 26,857 | 29,300 | 32,533 | 37,334 | 42,496 |
| Fixed Assets + | 6,830 | 9,368 | 9,492 | 9,950 | 9,608 | 9,683 | 9,516 | 9,683 | 9,160 | 9,607 | 10,006 | 12,890 |
| CWIP | 581 | 2,061 | 1,683 | 981 | 676 | 825 | 969 | 766 | 1,093 | 1,153 | 1,566 | 1,586 |
| Investments | 640 | 759 | 973 | 1,259 | 2,554 | 1,471 | 2,710 | 2,551 | 3,662 | 5,449 | 7,933 | 8,223 |
| Other Assets + | 7,620 | 8,862 | 8,721 | 10,483 | 10,923 | 11,444 | 11,661 | 13,857 | 15,384 | 16,323 | 17,828 | 19,796 |
| Total Assets | 15,670 | 21,049 | 20,869 | 22,673 | 23,762 | 23,423 | 24,855 | 26,857 | 29,300 | 32,533 | 37,334 | 42,496 |
Financials of Cipla Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1,173 | 1,741 | 2,382 | 1,463 | 1,691 | 3,068 | 3,755 | 3,326 | 3,238 | 4,134 | 5,005 | 3,940 |
| Cash from Investing Activity + | -950 | -4,533 | -1,304 | -834 | -1,688 | 114 | -2,374 | -1,858 | -2,376 | -2,982 | -3,682 | -2,326 |
| Cash from Financing Activity + | 165 | 3,104 | -1,326 | -385 | -349 | -2,949 | -1,240 | -1,600 | -958 | -1,200 | -1,293 | -1,234 |
| Net Cash Flow | 388 | 312 | -248 | 243 | -345 | 234 | 141 | -132 | -97 | -49 | 30 | 380 |
| Free Cash Flow | 548 | 688 | 1,284 | 723 | 1,187 | 2,083 | 2,964 | 2,645 | 2,102 | 2,819 | 3,490 | 928 |
| CFO/OP | 72% | 91% | 113% | 77% | 74% | 122% | 113% | 98% | 90% | 91% | 94% | 94% |
Financials of Cipla Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 62 | 65 | 75 | 93 | 83 | 66 | 57 | 65 | 68 | 73 | 73 |
| Inventory Days | 329 | 273 | 239 | 271 | 250 | 267 | 232 | 230 | 228 | 217 | 231 | 252 |
| Days Payable | 126 | 106 | 108 | 142 | 123 | 139 | 103 | 108 | 112 | 102 | 116 | 123 |
| Cash Conversion Cycle | 267 | 230 | 196 | 204 | 220 | 211 | 195 | 180 | 181 | 182 | 188 | 202 |
| Working Capital Days | 89 | -10 | 99 | 118 | 132 | 113 | 94 | 95 | 113 | 120 | 128 | 205 |
| ROCE % | 15% | 13% | 7% | 9% | 11% | 12% | 17% | 17% | 18% | 23% | 23% | 17% |