Cipla

NSE: CIPLABSE: 500087
Compare with peers
₹ 1,365.60▲ 15.6 (+1.16%)28 Oct, 03:28 pm IST
Market cap
₹ 1,08,011 Cr.
P/E
30.2x
P/B
3.12x
52-week range
1,165.7 – 1,593.3
ROE
12%
ROCE
15%
Dividend yield
1%
Debt / equity
0.02
Sector
Pharmaceuticals & Biotechnology
Industry
Pharmaceuticals
Listed on
NSE, BSE

About

Cipla Limited is an India-based global pharmaceutical company. The Company is engaged in manufacturing, developing and marketing a wide range of branded and generic formulations and Active Pharmaceutical Ingredients (APIs). The Company operates through two segments: Pharmaceuticals and New ventures. The Pharmaceuticals segment is engaged in developing, manufacturing, selling, and distributing generic or branded generic medicines, as well as Active Pharmaceutical Ingredients (API). The New ventures segment includes the operations of the Company, a consumer healthcare, Biosimilars and specialty business. Its product portfolio spans complex generics, as well as drugs in the respiratory, anti-retroviral, urology, cardiology, anti-infective and central nervous system (CNS). Its geographical segments include India, the United States, South Africa, and the Rest of the World. It has its network of manufacturing, trading and other incidental operations in India and International markets.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Pharmaceuticals: 221 companies →

Cipla against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)30.2 against a typical 33.2: cheaper than most peers (1st = cheapest).103rd of 220
  • Sales growth+2.3% against a typical +15.6% from a year earlier.144th of 197
  • Profit growth−39.2% against a typical +18.9% from a year earlier.126th of 160
  • Share price, 3 months−8.4% against a typical −2%.132nd of 200
  • Size₹ 1,08,010.7 Cr. market value against a typical ₹ 507.7 Cr. (1st = largest).4th of 199

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Outcome of Board MeetingMedium impactNegativePrice −0.4% that day
    Q2 FY27 results filed; run-rate points to flat sales with continued margin and profit pressure.

    Cipla's board on 27 October 2026 approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, with auditors giving an unmodified limited review conclusion. The filing also repeats the long-running NPPA pricing dispute disclosure of Rs 2,011 crore (principal Rs 863 crore plus interest) with no provision, and notes a small ESOP allotment to 80.79 crore shares. With sales running around Rs 7,100 crore per quarter, the results point to broadly flat revenue with profitability still below the FY25 peak.

    Filing
  • 23 Oct 2026General UpdatesLow impactPositivePrice +0.5% that day
    Cipla's US InvaGen plant cleared routine FDA inspection with zero observations.

    Cipla said the US FDA inspected its wholly-owned InvaGen Pharmaceuticals facility in Hauppauge, New York from 19 to 22 October 2026. The inspection was a routine cGMP inspection and concluded with zero Form 483 observations. This confirms compliance at the US site and supports uninterrupted supply and future approvals from the facility.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by 2 agencies
AAA
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CARECARE AAA / CARE A1+Stable10 Sep 2026
India RatingsIND AAAStable19 Dec 2025
Credit rating actions
RatingDetails
10 Sep 2026
Reaffirmed
CARE AAA / CARE A1+—CARE₹ 2,238 Cr.
19 Dec 2025
Reaffirmed
IND AAA—India Ratings₹ 1,000 Cr.
26 Aug 2025
Reaffirmed
CARE AAA / CARE A1+—CARE₹ 2,268 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
27 Oct 2026Financial ResultsCipla limited has informed the Exchange about Board Meeting to be held on 27th October, 2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the quarter and half-year ended 30th September, 2026.
23 Jul 2026Financial ResultsTo consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter ended 30th June, 2026.In terms of the Company's Code of Conduct for prevention of Insider Trading, the 'Trading window' for dealing in the securities of the Company will be closed from Wednesday, 1st July, 2026 till Saturday, 25th July, 2026 (both days inclusive) for the purpose of financial results.
13 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
23 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
30 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
25 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change −13.79%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6,6786,6046,1636,6947,0517,0736,7306,9577,5897,0746,5417,119
Expenses4,9444,8564,8474,9785,1655,0845,1925,1795,6955,8195,5865,927
Operating Profit1,7341,7481,3161,7161,8861,9891,5381,7781,8951,2559551,192
OPM %26%26%21%26%27%28%23%26%25%18%15%17%
Other Income176−10249160191222289259269−70148211
Interest263018181515141413141317
Depreciation290233288247272280309253297278383304
Profit before tax1,5941,4741,2591,6111,7891,9161,5041,7701,8548937071,082
Tax %28%28%26%27%27%17%19%27%27%24%22%27%
Net Profit1,1551,0689321,1751,3051,5751,2141,2921,353674543786
EPS in Rs14.0113.0811.6314.5816.1319.4515.1316.0616.738.376.879.77

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
7%
5 Years
8%
3 Years
7%
TTM
2%
Compounded Profit Growth
10 Years
11%
5 Years
10%
3 Years
10%
TTM
−34%
Stock Price CAGR
10 Years
10%
5 Years
10%
3 Years
5%
TTM
—
Return on Equity
10 Years
13%
5 Years
14%
3 Years
15%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
29.22%
+0.03 pts in a year
FIIs
20.2%
−5.04 pts in a year
DIIs
34.35%
+5.37 pts in a year
Government
0.28%
+0.01 pts in a year
Public
15.93%
−0.37 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 30.2xEPS (12 months) ₹ 44.31Median P/E 28.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Cipla₹ 1,365.60₹ 1,08,011 Cr.30.2x3.1x12%—
Sun Pharmaceutical Industries₹ 1,743.00₹ 4,18,194 Cr.38.4x5.6x14.2%19.1%
Divi's Laboratories₹ 8,984.00₹ 2,38,497 Cr.73.3x11.5x16.2%24.3%
Torrent Pharmaceuticals₹ 4,482.00₹ 1,70,475 Cr.72.7x19.2x27.1%15.3%
Zydus Lifesciences₹ 1,127.85₹ 1,12,503 Cr.21.2x4.2x19.7%18.5%
Lupin₹ 1,925.00₹ 89,812 Cr.19.1x5x26.9%19.2%

Management

Achin Gupta
Global Chief Executive Officer, Managing Director, Executive Director
Ashish Adukia
Global Chief Financial Officer
Rajendra Kumar Chopra
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.