| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 39.9 | 9.6 | +314.1% |
| EBITDA | −34.0 | −52.1 | — |
| EBITDA margin | −85.2% | −540.3% | +455.1 pts |
| Profit before tax | −20.7 | −51.8 | — |
| Net profit | −20.8 | −51.9 | — |
| EPS | −₹0.64 | −₹1.60 | — |
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 |
|---|
| 5,927 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1.2 | 1.2 | 2.0 | 7.1 | 291 | ||
| 556 | 556 | 258 | 47.0 | 75.0 | ||
| 6,482 | — | — | — | — | ||
| 1,909 | 1,879 | 71.8 | 75.6 | 250 | ||
| — | +2,518.3% | −5.0% | −69.7% | — | ||
| 1,617 | 1,599 | −323 | −402 | — | ||
| 84.7% | 85.1% | −450.2% | −532.2% | — | ||
| 1,607 | 1,589 | −336 | −415 | — | ||
| 1,584 | 1,553 | −343 | −387 | — | ||
| 83.0% | 82.7% | −477.2% | −512.5% | — | ||
| ₹48.82 | ₹47.94 | −₹10.56 | −₹11.93 | — | ||
| — | +554.0% | +11.5% | — | — | ||
| — | −239 | −360 | −429 | −69.1 | ||
| — | −23.8 | −10.3 | −26.5 | −15.4 | ||
| −263 | −263 | −371 | −456 | −84.5 | ||
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 | — | — | — | — | 5,927.3 | |
| - Cash, Equiv & ST Investments | 291.5 | 7.1 | 2.0 | 1.2 | 1.2 | |
| + Total Debt | 75.0 | 47.0 | 258.2 | 556.1 | 556.1 | |
| Enterprise Value | — | — | — | — | 6,482.3 | |
| Revenue | 249.7 | 75.6 | 71.8 | 1,879.2 | 1,909.5 | |
| Growth %, YoY | — | -69.7 | -5.0 | +2,518.3 | — | |
| EBITDA | — | -402.1 | -323.1 | 1,598.8 | 1,616.8 | |
| Margin % | — | -532.23 | -450.24 | 85.08 | 84.68 | |
| EBIT | — | -414.6 | -335.5 | 1,588.6 | 1,607.1 | |
| Net Income | — | -387.2 | -342.5 | 1,553.2 | 1,584.3 | |
| Margin % | — | -512.52 | -477.23 | 82.65 | 82.97 | |
| EPS, Adj (current shares) | — | -11.93 | -10.56 | 47.94 | 48.82 | |
| Growth %, YoY | — | — | +11.5 | +554.0 | — | |
| Cash from Operations | -69.1 | -429.2 | -360.3 | -238.8 | — | |
| Capital Expenditures | -15.4 | -26.5 | -10.3 | -23.8 | — | |
| Free Cash Flow | -84.5 | -455.7 | -370.6 | -262.6 | -262.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Sun Pharma Advanced Research (NSE: SPARC) had a market capitalisation of ₹5,938 crore at the 29 October 2026 close (₹182.98 a share), a PE ratio of 3.7 on the last four quarters' profit and a price-to-book ratio of 4.44. In FY26 its consolidated net profit was ₹1,556 crore on revenue of ₹1,879 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹20.8 crore. Its debt-to-equity ratio was 0.42 on 31 March 2026. Promoters held 65.67% of the shares on 30 September 2026.
Sun Pharma Advanced Research's PE ratio is 3.7 at the 29 October 2026 close (₹182.98 a share): a market capitalisation of ₹5,938 crore divided by consolidated net profit of ₹1,586 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹1,556 crore) it is 3.8.
Sun Pharma Advanced Research's price-to-book (PB) ratio is 4.44 at the 29 October 2026 close: a market capitalisation of ₹5,938 crore divided by shareholders' equity (book value) of ₹1,339 crore on 31 March 2026. That is a book value of ₹41.26 per share against a share price of ₹182.98.
Sun Pharma Advanced Research's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,339 crore on 31 March 2026. Its market value is a different figure: a market capitalisation of ₹5,938 crore at the 29 October 2026 close.
Sun Pharma Advanced Research's market capitalisation was ₹5,938 crore at the 29 October 2026 close: 32.45 crore shares at ₹182.98 each.
No. Sun Pharma Advanced Research had borrowings of ₹556 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.42. Its cash and current investments were ₹1.2 crore, so its net debt was ₹555 crore.
Sun Pharma Advanced Research's debt-to-equity ratio was 0.42 on 31 March 2026: borrowings of ₹556 crore against total equity of ₹1,339 crore. A year earlier, on 31 March 2025, it was -1.19.
Sun Pharma Advanced Research's book value per share was ₹41.26 on 31 March 2026: shareholders' equity of ₹1,339 crore divided by the 32.45 crore shares in issue. The share price at the 29 October 2026 close was ₹182.98.
Promoters held 65.67% of Sun Pharma Advanced Research on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Sun Pharma Advanced Research's consolidated net profit was ₹1,556 crore, against a loss of ₹343 crore in FY25, on revenue from operations of ₹1,879 crore.
Sun Pharma Advanced Research's basic earnings per share (EPS) were ₹47.86 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹48.81.
In FY26, Sun Pharma Advanced Research generated ₹239 crore of cash from operations and spent ₹23.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹263 crore. In FY25 it was −₹371 crore.
Sun Pharma Advanced Research will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
On 30 September 2026, Sun Pharma Advanced Research's shares were held by promoters 65.67%, foreign portfolio investors (FII/FPI) 3.75%, domestic institutions (DII) 0.11% (including mutual funds at 0.10%) and retail and other non-institutional investors 30.48%. Over the year, FII holding was up 1.99 percentage points from 1.76% and DII holding was down 0.94 percentage points from 1.05%.
On FY26 consolidated figures, against Strides Pharma Science and Shilpa Medicare: Sun Pharma Advanced Research's operating margin of 84.5% is the highest of the three (Strides Pharma Science 14.9%, Shilpa Medicare 20.5%; peer average 17.7%); its revenue growth over three years of 96.0% a year is the highest of the three (Strides Pharma Science 9.6% a year, Shilpa Medicare 13.6% a year; peer average 11.6% a year).
In FY26, Sun Pharma Advanced Research earned net profit of ₹1,556 crore on revenue of ₹1,879 crore, against ₹556 crore on ₹4,859 crore for Strides Pharma Science. Sun Pharma Advanced Research's operating margin was 84.5% (Strides Pharma Science 14.9%). At the 29 October 2026 close, Sun Pharma Advanced Research's market capitalisation was ₹5,938 crore against ₹10,116 crore for Strides Pharma Science, and its PE ratio on FY26 profit 3.8 against 18.2.
Sun Pharma Advanced Research's latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net loss ₹20.8 crore, narrower than the loss of ₹51.9 crore in Q1 FY26; revenue from operations ₹39.9 crore, up 314.1% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Sun Pharma Advanced Research's PE ratio is 3.8, the lowest of the three: Strides Pharma Science 18.2 and Shilpa Medicare 75.2, a peer average of 46.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
From Sun Pharma Advanced Research'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.