| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 191 | 163 | +17.1% |
| EBITDA | 23.7 | 25.4 | −6.8% |
| EBITDA margin | 12.4% | 15.6% | −3.2 pts |
| Profit before tax | 29.0 | 28.8 | +0.7% |
| Net profit | 20.4 | 20.0 | +2.2% |
| EPS | ₹10.20 | ₹9.98 | +2.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,118 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 266 | 230 | 187 | 145 | 96.4 | ||
| 4.4 | 4.4 | 0.0 | 1.1 | 2.0 | ||
| 856 | — | — | — | — | ||
| 722 | 671 | 623 | 581 | 510 | ||
| — | +7.7% | +7.4% | +13.8% | — | ||
| 99.6 | 97.7 | 101 | 99.9 | 89.2 | ||
| 13.8% | 14.6% | 16.3% | 17.2% | 17.5% | ||
| 84.4 | 83.2 | 88.6 | 89.3 | 80.0 | ||
| 96.9 | 87.9 | 82.3 | 93.3 | 72.9 | ||
| 13.4% | 13.1% | 13.2% | 16.1% | 14.3% | ||
| ₹48.38 | ₹43.88 | ₹41.11 | ₹46.58 | ₹36.40 | ||
| — | +6.7% | −11.7% | +28.0% | — | ||
| — | 106 | 93.0 | 63.2 | 39.3 | ||
| — | −26.0 | −19.0 | −39.5 | −14.3 | ||
| 80.3 | 80.3 | 74.0 | 23.7 | 25.0 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,117.9 | |
| - Cash, Equiv & ST Investments | 96.4 | 144.7 | 187.1 | 230.1 | 265.9 | |
| + Total Debt | 2.0 | 1.1 | 0.0 | 4.4 | 4.4 | |
| Enterprise Value | — | — | — | — | 856.4 | |
| Revenue | 510.3 | 580.5 | 623.2 | 671.0 | 722.2 | |
| Growth %, YoY | — | +13.8 | +7.4 | +7.7 | — | |
| EBITDA | 89.2 | 99.9 | 101.5 | 97.7 | 99.6 | |
| Margin % | 17.48 | 17.21 | 16.29 | 14.56 | 13.79 | |
| EBIT | 80.0 | 89.3 | 88.6 | 83.2 | 84.4 | |
| Net Income | 72.9 | 93.3 | 82.3 | 87.9 | 96.9 | |
| Margin % | 14.29 | 16.07 | 13.21 | 13.10 | 13.42 | |
| EPS, Adj (current shares) | 36.40 | 46.58 | 41.11 | 43.88 | 48.38 | |
| Growth %, YoY | — | +28.0 | -11.7 | +6.7 | — | |
| Cash from Operations | 39.3 | 63.2 | 93.0 | 106.4 | — | |
| Capital Expenditures | -14.3 | -39.5 | -19.0 | -26.0 | — | |
| Free Cash Flow | 25.0 | 23.7 | 74.0 | 80.3 | 80.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Lincoln Pharmaceuticals (NSE: LINCOLN) had a market capitalisation of ₹1,021 crore at the 29 October 2026 close (₹509.90 a share), a PE ratio of 10.5 on the last four quarters' profit and a price-to-book ratio of 1.26. In FY26 its consolidated net profit was ₹87.9 crore on revenue of ₹671 crore; in Q2 FY27 (July–September 2026) it was ₹20.4 crore, up 2.2% year on year. Its debt-to-equity ratio was 0.00 on 30 September 2026. Promoters held 49.78% of the shares on 30 September 2026.
Lincoln Pharmaceuticals' PE ratio is 10.5 at the 29 October 2026 close (₹509.90 a share): a market capitalisation of ₹1,021 crore divided by consolidated net profit of ₹96.9 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹87.9 crore) it is 11.6.
Lincoln Pharmaceuticals' net worth — shareholders' equity in its consolidated balance sheet — was ₹812 crore on 30 September 2026, up 13.4% from ₹716 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,021 crore at the 29 October 2026 close.
Lincoln Pharmaceuticals' book value per share was ₹405.16 on 30 September 2026: shareholders' equity of ₹812 crore divided by the 2 crore shares in issue, up 13.4% from ₹357.35 a year earlier. The share price at the 29 October 2026 close was ₹509.90.
Lincoln Pharmaceuticals' price-to-book (PB) ratio is 1.26 at the 29 October 2026 close: a market capitalisation of ₹1,021 crore divided by shareholders' equity (book value) of ₹812 crore on 30 September 2026. That is a book value of ₹405.16 per share against a share price of ₹509.90.
In FY26, Lincoln Pharmaceuticals' return on equity (ROE) was 12.3% and its return on capital employed (ROCE) was 11.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.0% and ROCE 13.6%.
Lincoln Pharmaceuticals' dividend yield is 0.35% at the 29 October 2026 close: dividends of ₹1.80 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹509.90. They were ₹1.80 on 11 September 2026.
Lincoln Pharmaceuticals' market capitalisation was ₹1,021 crore at the 29 October 2026 close: 2 crore shares at ₹509.90 each.
No. Lincoln Pharmaceuticals had borrowings of ₹3.4 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹277 crore, so it held net cash of ₹273 crore.
Lincoln Pharmaceuticals' basic earnings per share (EPS) were ₹43.88 in FY26, against ₹41.11 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹48.38.
Lincoln Pharmaceuticals' debt-to-equity ratio was 0.00 on 30 September 2026: borrowings of ₹3.4 crore against total equity of ₹812 crore. A year earlier, on 30 September 2025, it was 0.00.
Promoters held 49.78% of Lincoln Pharmaceuticals on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Lincoln Pharmaceuticals generated ₹106 crore of cash from operations and spent ₹26 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹80.3 crore. In FY25 it was ₹74 crore.
In 2026, Lincoln Pharmaceuticals has declared one dividend: ₹1.80 with record date 11 September 2026.
Lincoln Pharmaceuticals' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹20.4 crore, up 2.2% from ₹20 crore in Q2 FY26; revenue from operations ₹191 crore, up 17.1% year on year.
In FY26 (April 2025–March 2026), Lincoln Pharmaceuticals' consolidated net profit was ₹87.9 crore, up 6.7% from ₹82.3 crore in FY25, on revenue from operations of ₹671 crore (up 7.7%). Over three years, from FY23, net profit was up 20.6%.
On 30 September 2026, Lincoln Pharmaceuticals' shares were held by promoters 49.78%, foreign portfolio investors (FII/FPI) 4.55%, domestic institutions (DII) 0.02% (including mutual funds at 0.00%) and retail and other non-institutional investors 45.65%. Over the year, FII holding was down 0.17 percentage points from 4.72% and DII holding was up 0.01 percentage points from 0.01%.
Lincoln Pharmaceuticals has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, Lincoln Pharmaceuticals earned net profit of ₹87.9 crore on revenue of ₹671 crore, against ₹81.8 crore on ₹478 crore for Sigachi Industries. Lincoln Pharmaceuticals' operating margin was 12.4% (Sigachi Industries 7.6%) and its return on equity 12.3% (Sigachi Industries −14.6%). At the 29 October 2026 close, Lincoln Pharmaceuticals' market capitalisation was ₹1,021 crore against ₹1,016 crore for Sigachi Industries.
On FY26 consolidated figures, against Sigachi Industries, Themis Medicare and Bajaj Healthcare: Lincoln Pharmaceuticals' operating margin of 12.4% is the second highest of the four (Sigachi Industries 7.6%, Themis Medicare −2.9%, Bajaj Healthcare 12.7%; peer average 5.8%); its return on equity of 12.3% is the highest of the four (Sigachi Industries −14.6%, Themis Medicare 0.3%, Bajaj Healthcare 3.2%; peer average −3.7%); its revenue growth over three years of 9.6% a year is the second highest of the four (Sigachi Industries 16.5% a year, Themis Medicare −1.2% a year, Bajaj Healthcare −3.2% a year; peer average 4.1% a year).
From Lincoln Pharmaceuticals' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.