Financials of Lupin Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Lupin Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4,4304,8145,0395,1974,9615,6005,6735,7685,6676,2687,0487,1687,475
Expenses +3,8523,9584,1214,1593,9644,3594,3324,4124,3464,5414,7064,9064,989
Operating Profit5788569181,0389971,2411,3401,3561,3211,7272,3412,2622,486
OPM %13%18%18%20%20%22%24%24%23%28%33%32%33%
Other Income +3723402929684254577990-3129
Interest93868174716871678992108115120
Depreciation264235248257457248257271393299317313447
Profit before tax2585596307364989931,0551,0718961,4162,0071,5221,928
Tax %6%19%21%16%26%19%19%20%13%14%26%22%24%
Net Profit +2424534956193688068598597821,2211,4851,1811,469
EPS in Rs5.199.9410.7613.477.8917.5818.6918.7416.9226.6932.3625.7331.94

Financials of Lupin Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +12,77014,25617,36715,79714,66515,37515,16316,40516,64220,01122,70827,958
Expenses +9,14610,56412,86512,64912,10413,02012,59616,18714,92116,21117,43019,142
Operating Profit3,6243,6914,5023,1482,5612,3552,5672191,7213,8005,2788,816
OPM %28%26%26%20%17%15%17%1%10%19%23%32%
Other Income +235184106-1,31091-134138210151131202-133
Interest1059153204302363141143274312295434
Depreciation4354879121,0868469708871,6598811,1971,1691,376
Profit before tax3,4153,3293,5435471,5038871,676-1,3727162,4224,0156,873
Tax %28%32%28%53%59%130%27%10%38%20%18%22%
Net Profit +2,4442,2702,565258615-2701,228-1,5284481,9363,3065,355
EPS in Rs53.4750.1756.635.5613.40-5.9526.81-33.629.4542.0171.88116.65
Dividend Payout %14%15%13%90%37%-101%24%-12%42%19%17%15%

Financials of Lupin Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital909090909091919191919191
Reserves8,78411,07313,40713,48713,65212,44613,71212,06212,37414,19917,11222,357
Borrowings +5377,1787,9667,1438,4966,3055,1294,1584,5422,9225,4486,616
Other Liabilities +3,6423,9574,7495,3005,4235,9684,4985,3405,7946,5396,3279,300
Total Liabilities13,05422,29826,21226,02027,66124,81023,43021,65122,80023,75128,97838,365
Fixed Assets +4,3688,71711,03310,36211,0877,9387,8817,3828,3558,8789,71911,315
CWIP5762,7022,1332,5981,6409401,0661,1461,238773517695
Investments1,658162,1362622,2952,3742,4559005171,0751,1463,670
Other Assets +6,45110,86210,91012,79812,63913,55712,02812,22412,69013,02617,59622,685
Total Assets13,05422,29826,21226,02027,66124,81023,43021,65122,80023,75128,97838,365

Financials of Lupin Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +2,733-3824,1141,7511,6661,4691,8223671,8973,6483,0007,334
Cash from Investing Activity +-1,034-6,769-2,527470-3,2821,107-1,2401,292-1,287-1,712-4,172-3,865
Cash from Financing Activity +-1975,836433-1,492744-891-1,885-1,572-337-2,1841,732-846
Net Cash Flow1,502-1,3152,019729-8721,685-1,30387273-2485602,624
Free Cash Flow1,865-6,1641,5132617067981,150-5314362,7321,3475,527
CFO/OP101%21%117%73%102%84%98%146%124%105%74%98%

Financials of Lupin Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days76116911201281291089598868886
Inventory Days220276266253283232279261242272292303
Days Payable172168189178184162137129136163158208
Cash Conversion Cycle124225167195227199249227204195223181
Working Capital Days561026312611533344532535875
ROCE %40%24%19%10%10%9%9%-7%6%16%21%30%