Lupin financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹8,277cr+32.0% on Q1 FY26
Net profit
₹1,417cr+16.0% on Q1 FY26
EBITDA margin
29.6%+2.1 pts on Q1 FY26
EPS
₹30.95+15.9% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue8,2776,268+32.0%
EBITDA2,4501,727+41.8%
EBITDA margin29.6%27.6%+2.1 pts
Profit before tax2,0171,416+42.5%
Net profit1,4171,221+16.0%
EPS₹30.95₹26.70+15.9%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹8,277 crNet profit₹1,417 crNet margin17.1%

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.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
90,192————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
7,7457,7452,6031,8301,672
65.165.190.983.278.3
5,9105,9105,0772,6704,244
88,422————
29,96727,95822,70820,01116,642
—+23.1%+13.5%+20.2%—
9,5388,8165,2833,8111,798
31.8%31.5%23.3%19.0%10.8%
8,0097,4414,1142,614917
5,5515,3553,3061,936448
18.5%19.2%14.6%9.7%2.7%
₹120.93₹116.64₹71.78₹41.87₹9.41
—+62.5%+71.4%+345.1%—
—7,5464303,4901,934
—−2,055−1,682−929−1,500
5,4915,491−1,2522,562435
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

LUPIN₹1,972.70

Lupin Ltd.

· Pharma & Health
₹ CrorePeersSUNPHARMACIPLADRREDDYALKEMFORTISAUROPHARMALAURUSLABSMANKINDMcap ₹90,192 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
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————90,191.8
- Cash, Equiv & ST Investments1,671.61,830.22,602.87,744.97,744.9
+ Minority Interest78.383.290.965.165.1
+ Total Debt4,244.12,669.95,076.75,910.25,910.2
Enterprise Value————88,422.3
Revenue16,641.720,010.822,707.927,958.029,966.6
Growth %, YoY—+20.2+13.5+23.1—
EBITDA1,798.13,810.55,283.38,816.09,538.3
Margin %10.8019.0423.2731.5331.83
EBIT917.42,613.74,114.17,440.58,008.9
Net Income447.71,935.63,306.35,355.55,551.0
Margin %2.699.6714.5619.1618.52
EPS, Adj (current shares)9.4141.8771.78116.64120.93
Growth %, YoY—+345.1+71.4+62.5—
Cash from Operations1,934.13,490.4429.97,545.6—
Capital Expenditures-1,499.6-928.9-1,682.4-2,054.9—
Free Cash Flow434.52,561.5-1,252.55,490.85,490.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Lupin financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Lupin (NSE: LUPIN) had a market capitalisation of ₹90,988 crore at the 29 October 2026 close (₹1,989.90 a share), a PE ratio of 16.5 on the last four quarters' profit and a price-to-book ratio of 4.05. In FY26 its consolidated net profit attributable to shareholders was ₹5,333 crore on revenue of ₹27,958 crore; in Q1 FY27 (April–June 2026) it was ₹1,415 crore, up 16.1% year on year. Its debt-to-equity ratio was 0.26 on 31 March 2026. Promoters held 46.84% of the shares on 30 September 2026.

Share price used
₹1,989.90 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Lupin at a glance · consolidated

Market cap
₹90,988 Crat ₹1,989.90 · 29 Oct close
PE ratio (last 4 quarters)
16.517.1 on FY26 profit
Price to book (PB)
4.05book value ₹490.94 a share
ROE (FY26)
26.9%+6.1 pts vs FY25ROCE 32.4%
Debt to equity
0.26net cash ₹3,320 Cr
Promoter holding
46.84%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.90%₹18 a share in 12 months
Net worth
₹22,448 Cr+30.5% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹5,491 Cr

Questions

What is the Lupin PE ratio today?

Lupin's PE ratio is 16.5 at the 29 October 2026 close (₹1,989.90 a share): a market capitalisation of ₹90,988 crore divided by consolidated net profit attributable to shareholders of ₹5,529 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹5,333 crore) it is 17.1.

What is the Lupin PB ratio (price to book value)?

Lupin's price-to-book (PB) ratio is 4.05 at the 29 October 2026 close: a market capitalisation of ₹90,988 crore divided by shareholders' equity (book value) of ₹22,448 crore on 31 March 2026. That is a book value of ₹490.94 per share against a share price of ₹1,989.90.

What is the Lupin net worth?

Lupin's net worth — shareholders' equity in its consolidated balance sheet — was ₹22,448 crore on 31 March 2026, up 30.5% from ₹17,204 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹90,988 crore at the 29 October 2026 close.

What is the Lupin market cap?

Lupin's market capitalisation was ₹90,988 crore at the 29 October 2026 close: 45.73 crore shares at ₹1,989.90 each.

What is the Lupin EPS?

Lupin's basic earnings per share (EPS) were ₹116.75 in FY26, against ₹71.95 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹121.01.

What is the Lupin dividend in 2026 and its record date?

In 2026, Lupin has declared one dividend: ₹18 with record date 17 July 2026.

Is Lupin debt free?

No. Lupin had borrowings of ₹5,910 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.26. Its cash and current investments were ₹9,230 crore, so it held net cash of ₹3,320 crore.

What is the Lupin debt to equity ratio?

Lupin's debt-to-equity ratio was 0.26 on 31 March 2026: borrowings of ₹5,910 crore against total equity of ₹22,513 crore. A year earlier, on 31 March 2025, it was 0.29.

What is the Lupin dividend yield?

Lupin's dividend yield is 0.90% at the 29 October 2026 close: dividends of ₹18 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,989.90. They were ₹18 on 17 July 2026.

What is the Lupin ROE and ROCE?

In FY26, Lupin's return on equity (ROE) was 26.9% and its return on capital employed (ROCE) was 32.4%. ROE is net profit attributable to shareholders 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 20.8% and ROCE 23.0%.

What is the Lupin book value per share?

Lupin's book value per share was ₹490.94 on 31 March 2026: shareholders' equity of ₹22,448 crore divided by the 45.73 crore shares in issue, up 30.3% from ₹376.77 a year earlier. The share price at the 29 October 2026 close was ₹1,989.90.

What is the Lupin shareholding pattern?

On 30 September 2026, Lupin's shares were held by promoters 46.84%, foreign portfolio investors (FII/FPI) 23.28%, domestic institutions (DII) 23.78% (including mutual funds at 14.58%) and retail and other non-institutional investors 6.09%. Over the year, FII holding was up 2.79 percentage points from 20.49% and DII holding was down 2.77 percentage points from 26.55%.

What is the Lupin promoter holding?

Promoters held 46.84% of Lupin on 30 September 2026, down 0.01 percentage points from 46.85% the previous quarter and down 0.06 percentage points from 46.90% a year earlier, according to the shareholding pattern filed with NSE.

What is the Lupin free cash flow?

In FY26, Lupin generated ₹7,546 crore of cash from operations and spent ₹2,055 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹5,491 crore. In FY25 it was −₹1,252 crore.

What are the Lupin latest quarterly results?

Lupin's latest results are for Q1 FY27 (April–June 2026), filed on 6 August 2026: consolidated net profit attributable to shareholders ₹1,415 crore, up 16.1% from ₹1,219 crore in Q1 FY26; revenue from operations ₹8,277 crore, up 32.0% year on year.

What is the Lupin revenue and profit in FY26?

In FY26 (April 2025–March 2026), Lupin's consolidated net profit attributable to shareholders was ₹5,333 crore, up 62.5% from ₹3,282 crore in FY25, on revenue from operations of ₹27,958 crore (up 23.1%). Over three years, from FY23, net profit was null.

When are the Lupin next results?

Lupin will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.

How does the Lupin PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Lupin's PE ratio is 17.1, the lowest of the four: Sun Pharma 36.8, Cipla 28.3 and Dr Reddy's 26.8, a peer average of 30.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Lupin compare with its peers?

On FY26 consolidated figures, against Sun Pharma, Cipla and Dr Reddy's: Lupin's operating margin of 26.6% is the highest of the four (Sun Pharma 25.3%, Cipla 16.6%, Dr Reddy's 13.0%; peer average 18.3%); its return on equity of 26.9% is the highest of the four (Sun Pharma 14.7%, Cipla 11.8%, Dr Reddy's 11.8%; peer average 12.8%); its revenue growth over three years of 18.9% a year is the highest of the four (Sun Pharma 10.0% a year, Cipla 7.4% a year, Dr Reddy's 11.0% a year; peer average 9.5% a year).

Lupin vs Sun Pharma: how do they compare?

In FY26, Lupin earned net profit attributable to shareholders of ₹5,333 crore on revenue of ₹27,958 crore, against ₹11,479 crore on ₹58,462 crore for Sun Pharma. Lupin's operating margin was 26.6% (Sun Pharma 25.3%) and its return on equity 26.9% (Sun Pharma 14.7%). At the 29 October 2026 close, Lupin's market capitalisation was ₹90,988 crore against ₹4,22,517 crore for Sun Pharma, and its PE ratio on FY26 profit 17.1 against 36.8.

Where do these Lupin figures come from?

From Lupin's 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.