Laurus Labs Limited — quarter ended March 31, 2026 (with year ended March 31, 2026 and comparative periods)
Optional commentary: Amounts are shown in ₹ Crores as per the document.
| Sl. No. | Particulars | Quarter ended 31-Mar-26 (Refer note 11) | 31-Dec-25 (Unaudited) | 31-Mar-25 (Refer note 11) | Year ended 31-Mar-26 | 31-Mar-25 |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 1,811.57 | 1,778.29 | 1,720.30 | 6,812.90 | 5,553.96 | |
| (b) Other income | 11.80 | 5.76 | 58.57 | 54.95 | 75.10 | |
| Total income | 1,823.37 | 1,784.05 | 1,778.87 | 6,867.85 | 5,629.06 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 792.86 | 725.32 | 626.33 | 2,794.34 | 2,428.55 | |
| (b) Purchase of traded goods | 48.24 | 55.12 | 22.31 | 172.56 | 105.36 | |
| (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (141.00) | (85.87) | 134.04 | (271.44) | (55.93) | |
| (d) Employee benefits expense (Refer note 10) | 235.85 | 229.24 | 177.70 | 895.45 | 719.52 | |
| (e) Other expenses | 363.51 | 374.27 | 339.32 | 1,444.28 | 1,301.18 | |
| (f) Depreciation and amortisation expense | 122.10 | 120.62 | 110.43 | 480.05 | 430.09 | |
| (g) Finance costs | 40.44 | 38.79 | 56.40 | 170.73 | 216.00 | |
| Total expenses | 1,462.00 | 1,457.49 | 1,466.53 | 5,685.97 | 5,144.77 | |
| 3 | Profit before tax (1-2) | 361.37 | 326.56 | 312.34 | 1,181.88 | 484.29 |
| 4 | Tax expense | |||||
| (a) Current tax | 78.13 | 71.46 | 80.34 | 297.52 | 156.90 | |
| (b) Deferred tax | 1.33 | 1.99 | (1.87) | (5.49) | (27.02) | |
| Total Tax expense | 79.46 | 73.45 | 78.47 | 292.03 | 129.88 | |
| 5 | Net Profit after tax | 281.91 | 253.11 | 233.87 | 889.85 | 354.41 |
| 6 | Share of profit/(loss) from associates and joint venture, net of tax | 0.18 | (1.23) | (1.10) | 0.29 | 3.93 |
| 7 | Net Profit after taxes and share of profit/(loss) from associates and joint venture (5+6) | 282.09 | 251.88 | 232.77 | 890.14 | 358.34 |
| 8 | Other comprehensive income/(loss) | |||||
| (a) Items that will not be reclassified subsequently to profit or loss: | ||||||
| (i) Remeasurement gains/(losses) on defined benefit plans | 6.45 | (2.30) | (3.01) | 3.64 | (1.87) | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss in subsequent periods | (1.62) | 0.58 | 0.79 | (0.91) | 0.50 | |
| (iii) Share in Other comprehensive income of associates and joint venture, net of tax | 0.12 | – | (0.01) | 0.11 | (0.01) | |
| (b) Items that will be reclassified subsequently to profit or loss: | ||||||
| Exchange differences on translating the financial statements of foreign operations | (2.87) | 0.12 | 0.16 | (8.74) | (2.27) | |
| Total other comprehensive income/(loss), net of tax | 2.08 | (1.60) | (2.07) | (5.90) | (3.65) | |
| 9 | Total comprehensive income (7+8) | 284.17 | 250.28 | 230.70 | 884.24 | 354.69 |
| 10 | Profit for the period attributable to: | |||||
| i) Equity holders of the company | 279.14 | 251.66 | 233.67 | 888.79 | 358.32 | |
| ii) Non-controlling interests | 2.95 | 0.22 | (0.90) | 1.35 | 0.02 | |
| 11 | Total comprehensive income for the period attributable to: | |||||
| i) Equity holders of the company | 281.23 | 250.06 | 231.60 | 882.90 | 354.67 | |
| ii) Non-controlling interests | 2.94 | 0.22 | (0.90) | 1.34 | 0.02 | |
| 12 | Paid-up equity share capital (face value ₹ 2/- each) | 107.97 | 107.97 | 107.85 | 107.97 | 107.85 |
| 13 | Other equity | 5,192.09 | 4,364.71 | |||
| 14 | Earnings per equity share (face value ₹ 2/- each) | |||||
| – Basic (₹) | 5.17 | 4.67 | 4.34 | 16.47 | 6.65 | |
| – Diluted (₹) | 5.17 | 4.65 | 4.33 | 16.45 | 6 |
| Sl. No. | Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|---|
| I | ASSETS | ||
| Non-current assets | |||
| (a) | Property, plant and equipment | 3,873.23 | 3,668.46 |
| (b) | Right-of-use assets | 232.71 | 189.14 |
| (c) | Capital work-in-progress | 773.28 | 458.36 |
| (d) | Goodwill | 246.30 | 246.30 |
| (e) | Other intangible assets | 18.40 | 19.32 |
| (f) | Financial assets | ||
| (i) Investments | 309.27 | 233.26 | |
| (ii) Other financial assets | 44.26 | 48.66 | |
| (g) | Income tax assets (net) | 2.44 | 6.94 |
| (h) | Other non-current assets | 182.09 | 132.81 |
| Total non-current assets (1) | 5,681.98 | 5,003.25 | |
| Current assets | |||
| (a) | Inventories | 2,342.16 | 1,936.54 |
| (b) | Financial assets | ||
| (i) Trade receivables | 2,155.04 | 2,007.16 | |
| (ii) Cash and cash equivalents | 112.66 | 99.54 | |
| (iii) Bank balances other than Cash and cash equivalents | 1.04 | 44.67 | |
| (iv) Loans | 0.93 | 0.93 | |
| (v) Other financial assets | 3.21 | 5.86 | |
| (c) | Other current assets | 214.17 | 237.62 |
| Total current assets (2) | 4,829.21 | 4,332.32 | |
| Total – assets (1+2) | 10,511.19 | 9,335.57 | |
| II | EQUITY AND LIABILITIES | ||
| Equity | |||
| (a) | Equity share capital | 107.97 | 107.85 |
| (b) | Other equity | 5,192.09 | 4,364.71 |
| Total equity attributable to equity holders of Holding Company | 5,300.06 | 4,472.56 | |
| (c) | Non-controlling interests | 131.30 | 129.96 |
| Total equity (1) | 5,431.36 | 4,602.52 | |
| Non-current liabilities | |||
| (a) | Financial liabilities | ||
| (i) Borrowings | 611.34 | 645.58 | |
| (ii) Lease liabilities | 111.49 | 62.19 | |
| (iii) Other financial liabilities | 20.63 | – | |
| (b) | Provisions | 132.09 | 106.09 |
| (c) | Deferred tax liability (net) | 29.38 | 31.87 |
| (d) | Other non-current liabilities | 539.47 | 347.60 |
| Total non-current liabilities (2) | 1,444.40 | 1,193.33 | |
| Current liabilities | |||
| (a) | Financial liabilities | ||
| (i) Borrowings | 1,786.15 | 2,047.50 | |
| (ii) Trade payables | |||
| – total outstanding dues of micro enterprises and small enterprises | 51.20 | 27.75 | |
| – total outstanding dues of creditors other than micro enterprises and small enterprises | 1,200.89 | 930.74 | |
| (iii) Lease liabilities | 9.50 | 8.46 | |
| (iv) Other financial liabilities | 333.58 | 337.61 | |
| (b) | Other current liabilities | 161.95 | 101.12 |
| (c) | Provisions | 37.89 | 29.34 |
| (d) | Income tax liabilities (net) | 54.27 | 57.20 |
| Total current liabilities (3) | 3,635.43 | 3,539.72 | |
| Total – equity and liabilities (1+2+3) | 10,511.19 | 9,335.57 |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| Cash flow from operating activities | ||
| Profit before tax | 1,181.88 | 484.29 |
| Adjustments for : | ||
| Depreciation and amortisation | 480.05 | 430.09 |
| (Profit)/Loss on sale of property, plant and equipment (net) | 7.48 | (57.05) |
| Interest income | (6.57) | (15.17) |
| Interest expenses | 164.85 | 209.96 |
| Share based payment expense | 10.94 | 10.23 |
| Net gain on foreign exchange fluctuations (unrealised) | (25.89) | (1.92) |
| Allowance for expected credit loss and bad debts (net) | 80.77 | 53.36 |
| Provisions no longer required written back | (1.23) | – |
| Operating profit before working capital changes | 1,892.28 | 1,113.79 |
| Movement in working capital: | ||
| Increase in inventories | (405.60) | (82.86) |
| Increase in trade receivables | (181.03) | (404.96) |
| (Increase)/Decrease in financial and non-financial assets | 24.80 | (54.96) |
| Increase/(Decrease) in trade payables | 274.28 | (97.99) |
| Increase in financial, non-financial liabilities and provisions | 312.63 | 266.17 |
| Cash generated from operations | 1,917.36 | 739.19 |
| Income tax paid | (293.86) | (137.54) |
| Net cash generated from operating activities (A) | 1,623.50 | 601.65 |
| Cash flow from investing activities | ||
| Purchase of property, plant and equipment, including intangible assets, and movement in capital work in progress, capital advances and capital creditors | (1,069.95) | (641.00) |
| Proceeds from sale of property, plant and equipment | 6.81 | 99.87 |
| Movement in Bank balances other than Cash and cash equivalents | 43.63 | (41.39) |
| Investment in associate | (9.07) | – |
| Investment in joint venture | (49.00) | (105.35) |
| Investment in others | (17.65) | – |
| Interest received | 6.57 | 6.15 |
| Net cash used in investing activities (B) | (1,088.66) | (681.72) |
| Cash flow from financing activities | ||
| Proceeds from exercise of employee stock options | 20.00 | 10.17 |
| Repayment of long – term borrowings | (326.87) | (315.70) |
| Proceeds from long – term borrowings | 255.26 | 178.86 |
| Proceeds from / (Repayment of) short – term borrowings (net) | (244.97) | 308.24 |
| Proceeds from supplier financing arrangements (net) | 17.38 | 15.67 |
| Payment of lease liabilities | (13.50) | (30.93) |
| Dividend paid | (86.33) | (43.13) |
| Changes in Non-controlling interest | – | 125.32 |
| Interest paid | (170.69) | (209.22) |
| Proceeds from Government Grant | 25.00 | – |
| Net cash generated from/(used in) financing activities (C) | (524.72) | 39.28 |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | 10.12 | (40.79) |
| Effect of exchange differences on cash and cash equivalents | 3.00 | 1.39 |
| Cash and cash equivalents at the beginning of the year | 99.54 | 138.94 |
| Cash and cash equivalents at the year end | 112.66 | 99.54 |
| Sl. No. | Particulars | Quarter ended 31-Mar-26 (Refer note 8) | 31-Dec-25 (Unaudited) | 31-Mar-25 (Refer note 8) | 31-Mar-26 | 31-Mar-25 |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 1,580.30 | 1,509.42 | 1,650.01 | 6,089.07 | 5,216.98 | |
| (b) Other income | 13.09 | 14.37 | 72.16 | 77.43 | 100.47 | |
| Total income | 1,593.39 | 1,523.79 | 1,722.17 | 6,166.50 | 5,317.45 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 757.92 | 649.72 | 604.44 | 2,624.93 | 2,371.38 | |
| (b) Purchase of traded goods | 48.24 | 55.12 | 22.31 | 172.56 | 105.36 | |