Cipla Limited — Quarter ended 31-03-2026 and year ended 31-03-2026 (Published 13 May 2026)
Cipla Limited — Audited Consolidated Financial Results (₹ in Crores)
| Particulars | Quarter ended 31-03-2026 (Audited, Refer Note 7) | Quarter ended 31-12-2025 (Unaudited) | Quarter ended 31-03-2025 (Audited, Refer Note 7) | Year ended 31-03-2026 (Audited) | Year ended 31-03-2025 (Audited) |
|---|---|---|---|---|---|
| 1. Revenue from operations | |||||
| a) Revenue from sale of products | 6,464.26 | 6,962.97 | 6,597.72 | 27,711.69 | 27,145.40 |
| b) Other operating revenue | 76.94 | 111.51 | 131.97 | 450.90 | 402.22 |
| Total revenue from operations | 6,541.20 | 7,074.48 | 6,729.69 | 28,162.59 | 27,547.62 |
| 2. Other income | 148.16 | 206.34 | 289.46 | 882.01 | 861.87 |
| 3. Total income (1+2) | 6,689.36 | 7,280.82 | 7,019.15 | 29,044.60 | 28,409.49 |
| 4. Expenses | |||||
| a) Cost of materials consumed | 1,382.15 | 1,461.96 | 1,397.94 | 5,841.62 | 5,409.60 |
| b) Purchases of stock-in-trade | 1,284.73 | 1,248.64 | 1,023.68 | 4,451.37 | 3,851.49 |
| c) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (418.20) | (78.52) | (232.60) | (743.88) | (332.10) |
| d) Employee benefits expense | 1,414.25 | 1,324.98 | 1,233.10 | 5,366.33 | 4,832.83 |
| e) Finance costs | 13.13 | 14.03 | 14.02 | 54.39 | 62.01 |
| f) Depreciation, impairment and amortisation expense | 382.92 | 278.35 | 308.73 | 1,210.98 | 1,106.95 |
| g) Impairment of investment in associates (refer note 10) | 42.02 | – | – | 42.02 | – |
| h) Other expenses | 1,881.30 | 1,862.36 | 1,769.98 | 7,322.23 | 6,657.90 |
| Total expenses | 5,982.30 | 6,111.80 | 5,514.85 | 23,545.06 | 21,588.68 |
| 5. Profit before exceptional items, tax and share of profit/(loss) from associates (3-4) | 707.06 | 1,169.02 | 1,504.30 | 5,499.54 | 6,820.81 |
| 6. Exceptional item – (Loss) (refer note 4) | – | (275.91) | – | (275.91) | – |
| 7. Profit before tax and share of profit/(loss) from associates (5+6) | 707.06 | 893.11 | 1,504.30 | 5,223.63 | 6,820.81 |
| 8. Tax expense/(credit) (net) | |||||
| a) Current tax | 282.17 | 160.83 | 480.39 | 1,440.95 | 1,708.35 |
| b) Deferred tax | (125.22) | 57.72 | (201.11) | (87.11) | (178.59) |
| Total tax expense (net) | 156.95 | 218.55 | 279.28 | 1,353.84 | 1,529.76 |
| 9. Net profit after tax before share of profit/(loss) from associates (7-8) | 550.11 | 674.56 | 1,225.02 | 3,869.79 | 5,291.05 |
| 10. Share of profit (+)/loss (-) of associates | (7.60) | (0.31) | (10.88) | (8.05) | (21.85) |
| 11. Net profit for the period/year (9+10) | 542.51 | 674.25 | 1,214.14 | 3,861.74 | 5,269.20 |
| 12. Profit for the period/year attributable to | |||||
| a) Owners of the parent | 554.64 | 675.80 | 1,221.84 | 3,879.23 | 5,272.52 |
| b) Non – controlling interest | (12.13) | (1.55) | (7.70) | (17.49) | (3.32) |
| 13. Other comprehensive income/(loss) for the period/year | |||||
| a) (i) Items that will not be reclassified to profit or loss | (177.96) | (2.41) | (52.25) | (188.93) | (66.11) |
| (ii) Income tax on items that will not be reclassified to profit or loss | (0.69) | 0.60 | 6.49 | 2.07 | 9.94 |
| b) (i) Items that will be reclassified to profit or loss | 301.97 | 203.65 | 113.04 | 828.14 | 276.16 |
| (ii) Income tax on items that will be reclassified to profit or loss | 12.47 | 2.27 | (12.82) | 46.46 | (1.33) |
| Total other comprehensive income/(loss) for the period/year | 135.79 | 204.11 | 54.46 | 687.74 | 218.66 |
| 14. Total comprehensive income for the period/year (11+13) | 678.30 | 878.36 | 1,268.60 | 4,549.48 | 5,487.86 |
| 15. Total comprehensive income/(loss) attributable to | |||||
| a) Owners of the parent | 692.07 | 879.65 | 1,274.75 | 4,567.92 | 5,489.46 |
| b) Non – controlling interest | (13.77) | (1.29) | (6.15) | (18.44) | (1.60) |
| 16. Paid-up equity share capital (face value of ₹ 2/- each) (refer note 3) | 161.56 | 161.55 | 161.52 | 161.56 | 161.52 |
| 17. Other equity | – | – | – | 34,270.39 | 31,031.93 |
| 18. Earnings per equity share (face value of ₹ 2/- each) | |||||
| a) Basic (₹) | *6.87 | *8.37 | *15.13 | 48.03 | 65.29 |
| b) Diluted (₹) | *6.86 | *8.36 | *15.12 | 48.00 | 65.24 |
Cipla Limited — Consolidated Statement of Assets and Liabilities (₹ in Crores)
| Particulars | As at 31-03-2026 Audited | As at 31-03-2025 Audited |
|---|---|---|
| A. ASSETS | ||
| 1. Non-current assets | ||
| (a) Property, plant and equipment | 5,586.66 | 4,813.88 |
| (b) Right-of-use assets | 453.14 | 448.38 |
| (c) Capital work-in-progress | 1,586.28 | 1,212.76 |
| (d) Investment property | – | 111.25 |
| (e) Goodwill | 3,754.42 | 3,270.27 |
| (f) Other intangible assets | 2,640.14 | 1,362.61 |
| (g) Intangible assets under development | 455.94 | 353.51 |
| (h) Investment in associates | 111.75 | 140.47 |
| (i) Financial assets | ||
| (i) Investments | 432.24 | 499.07 |
| (ii) Loans | 2.76 | 32.54 |
| (iii) Other financial assets | 1,194.10 | 283.46 |
| (j) Non-current tax assets (net) | 573.28 | 487.86 |
| (k) Deferred tax assets (net) | 901.02 | 644.87 |
| (l) Other non-current assets | 657.22 | 437.59 |
| Total non-current assets | 18,348.95 | 14,098.52 |
| 2. Current assets | ||
| (a) Inventories | 6,596.72 | 5,642.11 |
| (b) Financial assets | ||
| (i) Investments | 7,679.42 | 7,293.23 |
| (ii) Trade receivables | 5,620.05 | 5,506.37 |
| (iii) Cash and cash equivalents | 1,018.22 | 588.69 |
| (iv) Bank balances other than cash and cash equivalents | 289.20 | 211.15 |
| (v) Loans | 23.12 | 15.64 |
| (vi) Other financial assets | 1,460.23 | 2,936.90 |
| (c) Other current assets | 1,458.90 | 1,054.88 |
| Total current assets | 24,145.86 | 23,248.97 |
| 3. Assets classified as held for sale | 1.17 | 39.55 |
| Total assets | 42,495.98 | 37,387.04 |
| B. EQUITY and LIABILITIES | ||
| 1. Equity | ||
| (a) Equity share capital | 161.56 | 161.52 |
| (b) Other equity | 34,270.39 | 31,031.93 |
| Equity attributable to owners of the parent | 34,431.95 | 31,193.45 |
| Non-controlling interest | 88.29 | 95.80 |
| Total equity | 34,520.24 | 31,289.25 |
| 2. Liabilities | ||
| Non-current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 117.47 | 11.98 |
| (ii) Lease liabilities | 264.48 | 240.49 |
| (iii) Other financial liabilities | 220.40 | 102.39 |
| (b) Provisions | 157.56 | 148.69 |
| (c) Deferred tax liabilities (net) | 153.27 | 53.53 |
| (d) Other non-current liabilities | 48.97 | 56.75 |
| Total non-current liabilities | 962.15 | 613.83 |
| Current liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 140.50 | 80.12 |
| (ii) Lease liabilities | 91.32 | 105.60 |
| (iii) Trade payables | 215.18 | 278.60 |
| – Total outstanding dues of micro enterprises and small enterprises | – | – |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 3,014.72 | 2,558.89 |
| (iv) Other financial liabilities | 986.77 | 374.54 |
| (b) Other current liabilities | 300.50 | 292.85 |
| (c) Provisions | 2,259.15 | 1,716.61 |
| (d) Current tax liabilities (net) | 5.45 | 76.75 |
| Total current liabilities | 7,013.59 | 5,483.96 |
| Total liabilities | 7,975.74 | 6,097.79 |
| Total equity and liabilities | 42,495.98 | 37,387.04 |
Cipla Limited — Consolidated Statement of Cash Flows (₹ in Crores)
| Particulars | Year ended 31-03-2026 Audited | Year ended 31-03-2025 Audited |
|---|---|---|
| Cash flow from operating activities | ||
| Profit before tax | 5,223.63 | 6,820.81 |
| Adjustments for: | ||
| Depreciation, impairment and amortisation expense | 1,210.98 | 1,106.95 |
| Impairment of investment in associates (refer note 10) | 42.02 | – |
| Finance costs | 54.39 | 62.01 |
| Unrealised foreign exchange gain (net) | (103.30) | (13.85) |
| Share based payment expense | 59.05 | 47.34 |
| Allowances for credit loss (net) | 8.36 | 8.93 |
| Interest income on income tax refund | (0.66) | (9.98) |
| Interest income on bank deposits and others | (227.91) | (254.42) |
| Sundry balance written back (net) | (3.45) | (10.94) |
| Net gain on sale of current investment carried at fair value through profit or loss | (344.81) | (174.27) |
| Net fair value gain on financial instruments at fair value through profit or loss | (128.14) | (234.55) |
| Net (gain)/loss on sale/disposal of property, plant and equipment and intangible asset | (31.81) | 5.06 |
| Rent income | (6.91) | (14.54) |
| Operating profit before working capital changes | 5,751.44 | 7,338.55 |
| Adjustments for working capital: | ||
| Increase in inventories | (642.39) | (322.54) |
| Decrease/(Increase) in trade receivables | 465.29 | (593.76) |
| Increase in other receivables | (701.18) | (149.18) |
| Increase in trade payables | 252.58 | 342.17 |
| Increase in other payables and provisions | 400.48 | 57.84 |
| Cash generated from operations | 5,526.22 | 6,673.08 |
| Income taxes paid (net of refunds) | (1,586.20) | (1,668.10) |
| Net cash generated from operating activities (a) | 3,940.02 | 5,004.98 |
| Cash flow from investing activities | ||
| Purchase of property, plant and equipment (refer note (ii) below) | (1,599.33) | (1,162.16) |
| Purchase of intangible assets (including intangible asset under development) | (1,479.98) | (386.04) |
| Proceeds from sale of property, plant and equipment (refer note (ii) below) | 23.56 | 24.85 |
| Proceeds from sale of intangible asset | 44.05 | 8.55 |
| Purchase consideration for acquisition of business | – | (130.00) |
| Purchase/Deferred consideration for acquisition of subsidiary (net of cash acquired) (refer note 5) | (110.65) | (75.09) |
| Investment in associates | (15.63) | (30.63) |
| Purchase of non-current investments | (17.37) | (17.83) |
| Sale/(purchase) of current investments (net) | 86.76 | (2,077.40) |
| Change in other bank balance and cash not available for immediate use | 486.48 | (104.41) |
| Interest received | 222.92 | 260.20 |
| Loan given to associate and others | – | (26.81) |
| Proceeds/Advance received against sale of assets classified as held for sale | 26.15 | 11.09 |
| Rent received | 6.91 | 14.54 |
| Net cash used in investing activities (b) | (2,326.13) | (3,691.14) |
| Cash flow from financing activities | ||
| Proceeds from issue of equity shares (ESOSs & ESARs) | 0.04 | 0.05 |
| Transaction with non-controlling interest (net) | 15.78 | 2.79 |
| Consideration paid for settlement of option |