Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Syngene International 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 + | 994 | 808 | 910 | 854 | 917 | 790 | 891 | 944 | 1,018 | 874 | 911 | 917 | 1,036 |
| Expenses + | 680 | 596 | 656 | 622 | 600 | 620 | 646 | 660 | 674 | 668 | 711 | 708 | 733 |
| Operating Profit | 314 | 212 | 254 | 232 | 317 | 170 | 245 | 284 | 344 | 206 | 200 | 209 | 303 |
| OPM % | 32% | 26% | 28% | 27% | 35% | 22% | 27% | 30% | 34% | 24% | 22% | 23% | 29% |
| Other Income + | 23 | 24 | 14 | 26 | 16 | 50 | 16 | 18 | 19 | 18 | 15 | -55 | 16 |
| Interest | 10 | 10 | 13 | 11 | 13 | 12 | 13 | 12 | 16 | 12 | 13 | 12 | 12 |
| Depreciation | 96 | 102 | 105 | 108 | 111 | 107 | 111 | 109 | 106 | 111 | 116 | 114 | 112 |
| Profit before tax | 231 | 123 | 151 | 138 | 209 | 101 | 137 | 181 | 240 | 101 | 85 | 28 | 196 |
| Tax % | 23% | 24% | 23% | 19% | 10% | 25% | 23% | 27% | 24% | 14% | 21% | 47% | 25% |
| Net Profit + | 179 | 93 | 116 | 112 | 189 | 76 | 106 | 131 | 183 | 87 | 67 | 15 | 148 |
| EPS in Rs | 4.45 | 2.32 | 2.90 | 2.77 | 4.69 | 1.88 | 2.64 | 3.26 | 4.55 | 2.15 | 1.67 | 0.37 | 3.67 |
Financials of Syngene International Ltd
Annual income statement trend
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,423 | 1,826 | 2,012 | 2,184 | 2,604 | 3,193 | 3,489 | 3,642 | 3,739 |
| Expenses + | 949 | 1,289 | 1,394 | 1,507 | 1,861 | 2,251 | 2,472 | 2,598 | 2,820 |
| Operating Profit | 474 | 537 | 618 | 678 | 743 | 942 | 1,017 | 1,045 | 918 |
| OPM % | 33% | 29% | 31% | 31% | 29% | 30% | 29% | 29% | 25% |
| Other Income + | 53 | 75 | 153 | 94 | 75 | 63 | 77 | 101 | -6 |
| Interest | 23 | 32 | 35 | 28 | 24 | 45 | 47 | 53 | 49 |
| Depreciation | 131 | 164 | 219 | 274 | 310 | 366 | 426 | 433 | 453 |
| Profit before tax | 372 | 415 | 517 | 469 | 484 | 594 | 621 | 660 | 411 |
| Tax % | 18% | 20% | 20% | 14% | 18% | 22% | 18% | 25% | 23% |
| Net Profit + | 305 | 332 | 412 | 405 | 396 | 464 | 510 | 496 | 317 |
| EPS in Rs | 7.64 | 8.29 | 10.30 | 10.12 | 9.88 | 11.57 | 12.69 | 12.33 | 7.86 |
| Dividend Payout % | 7% | 3% | 0% | 0% | 10% | 11% | 10% | 10% | 16% |
Financials of Syngene International Ltd
Capital structure and asset base
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 200 | 200 | 400 | 400 | 401 | 401 | 402 | 402 | 403 |
| Reserves | 1,520 | 1,768 | 1,776 | 2,421 | 2,897 | 3,217 | 3,856 | 4,324 | 4,436 |
| Borrowings + | 787 | 813 | 773 | 893 | 1,022 | 815 | 555 | 578 | 458 |
| Other Liabilities + | 681 | 922 | 1,214 | 1,169 | 1,245 | 1,398 | 1,339 | 1,491 | 1,757 |
| Total Liabilities | 3,189 | 3,704 | 4,163 | 4,883 | 5,564 | 5,831 | 6,152 | 6,796 | 7,055 |
| Fixed Assets + | 1,030 | 1,377 | 2,020 | 2,201 | 2,393 | 2,667 | 2,850 | 2,802 | 3,005 |
| CWIP | 155 | 274 | 234 | 237 | 346 | 177 | 838 | 1,266 | 1,040 |
| Investments | 158 | 716 | 776 | 702 | 1,034 | 918 | 548 | 647 | 741 |
| Other Assets + | 1,846 | 1,337 | 1,133 | 1,743 | 1,790 | 2,069 | 1,916 | 2,081 | 2,268 |
| Total Assets | 3,189 | 3,704 | 4,163 | 4,883 | 5,564 | 5,831 | 6,152 | 6,796 | 7,055 |
Financials of Syngene International Ltd
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 446 | 630 | 677 | 701 | 581 | 824 | 1,042 | 1,168 | 915 |
| Cash from Investing Activity + | -349 | -646 | -424 | -629 | -611 | -653 | -494 | -744 | -860 |
| Cash from Financing Activity + | -79 | -72 | -226 | 58 | -31 | -342 | -551 | -142 | -215 |
| Net Cash Flow | 18 | -88 | 28 | 130 | -62 | -172 | -4 | 281 | -160 |
| Free Cash Flow | 82 | 47 | 34 | 255 | 105 | 305 | 553 | 398 | 547 |
| CFO/OP | 111% | 135% | 127% | 116% | 92% | 102% | 115% | 123% | 107% |
Financials of Syngene International Ltd
Working capital efficiency and return ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 68 | 68 | 72 | 79 | 71 | 61 | 46 | 53 | 50 |
| Inventory Days | 82 | 30 | 18 | 41 | 87 | 141 | 94 | 60 | 56 |
| Days Payable | 195 | 154 | 156 | 167 | 113 | 109 | 100 | 136 | 138 |
| Cash Conversion Cycle | -44 | -56 | -66 | -47 | 45 | 92 | 40 | -23 | -32 |
| Working Capital Days | -48 | -103 | -172 | -66 | -43 | -14 | -27 | -51 | -24 |
| ROCE % | 17% | 17% | 14% | 13% | 15% | 15% | 14% | 10% |