| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,369 | 4,505 | 5,534 | 6,208 | 5,237 | 5,269 | 6,528 | 6,574 | 6,123 | 6,865 | 7,587 | 8,017 | |
Growth YoY Revenue Growth YoY% | 5.7 | 5.8 | 10.4 | 20.8 | 19.9 | 17.0 | 18.0 | 5.9 | 16.9 | 30.3 | 16.2 | 22.0 |
| 3,223 | 3,403 | 3,903 | 4,124 | 3,776 | 3,882 | 4,402 | 4,485 | 4,107 | 5,048 | 5,033 | 6,088 | |
| 1,146 | 1,102 | 1,631 | 2,084 | 1,461 | 1,388 | 2,126 | 2,089 | 2,016 | 1,816 | 2,554 | 1,929 | |
OPM OPM% | 26.2 | 24.5 | 29.5 | 33.6 | 27.9 | 26.3 | 32.6 | 31.8 | 32.9 | 26.5 | 33.7 | 24.1 |
| 54 | 38 | 156 | 63 | 68 | 58 | -139 | 155 | 75 | 27 | -263 | 88 | |
Interest Expense Interest ExpenseCr | 9 | 20 | 35 | 32 | 25 | 32 | 77 | 85 | 101 | 130 | 123 | 156 |
Depreciation DepreciationCr | 184 | 195 | 205 | 215 | 234 | 229 | 238 | 238 | 302 | 360 | 508 | 555 |
PBT PBTCr | 1,007 | 926 | 1,547 | 1,900 | 1,271 | 1,184 | 1,672 | 1,921 | 1,687 | 1,353 | 1,660 | 1,307 |
| 226 | 214 | 321 | 436 | 373 | 180 | 423 | 434 | 454 | 388 | 318 | 354 | |
| 780 | 734 | 1,229 | 1,464 | 898 | 1,004 | 1,249 | 1,487 | 1,233 | 965 | 1,341 | 952 | |
Growth YoY PAT Growth YoY% | 52.5 | 25.3 | 254.8 | 31.6 | 15.2 | 36.9 | 1.6 | 1.6 | 37.3 | -3.9 | 7.4 | -35.9 |
NPM NPM% | 17.9 | 16.3 | 22.2 | 23.6 | 17.1 | 19.1 | 19.1 | 22.6 | 20.1 | 14.1 | 17.7 | 11.9 |
| 7.9 | 7.8 | 11.7 | 14.1 | 9.1 | 10.2 | 11.6 | 14.6 | 12.5 | 10.4 | 12.7 | 9.3 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,369 | 4,505 | 5,534 | 6,208 | 5,237 | 5,269 | 6,528 | 6,574 | 6,123 | 6,865 | 7,587 | 8,017 | |
Growth YoY Revenue Growth YoY% | 5.7 | 5.8 | 10.4 | 20.8 | 19.9 | 17.0 | 18.0 | 5.9 | 16.9 | 30.3 | 16.2 | 22.0 |
| 3,223 | 3,403 | 3,903 | 4,124 | 3,776 | 3,882 | 4,402 | 4,485 | 4,107 | 5,048 | 5,033 | 6,088 | |
| 1,146 | 1,102 | 1,631 | 2,084 | 1,461 | 1,388 | 2,126 | 2,089 | 2,016 | 1,816 | 2,554 | 1,929 | |
OPM OPM% | 26.2 | 24.5 | 29.5 | 33.6 | 27.9 | 26.3 | 32.6 | 31.8 | 32.9 | 26.5 | 33.7 | 24.1 |
| 54 | 38 | 156 | 63 | 68 | 58 | -139 | 155 | 75 | 27 | -263 | 88 | |
Interest Expense Interest ExpenseCr | 9 | 20 | 35 | 32 | 25 | 32 | 77 | 85 | 101 | 130 | 123 | 156 |
Depreciation DepreciationCr | 184 | 195 | 205 | 215 | 234 | 229 | 238 | 238 | 302 | 360 | 508 | 555 |
PBT PBTCr | 1,007 | 926 | 1,547 | 1,900 | 1,271 | 1,184 | 1,672 | 1,921 | 1,687 | 1,353 | 1,660 | 1,307 |
| 226 | 214 | 321 | 436 | 373 | 180 | 423 | 434 | 454 | 388 | 318 | 354 | |
| 780 | 734 | 1,229 | 1,464 | 898 | 1,004 | 1,249 | 1,487 | 1,233 | 965 | 1,341 | 952 | |
Growth YoY PAT Growth YoY% | 52.5 | 25.3 | 254.8 | 31.6 | 15.2 | 36.9 | 1.6 | 1.6 | 37.3 | -3.9 | 7.4 | -35.9 |
NPM NPM% | 17.9 | 16.3 | 22.2 | 23.6 | 17.1 | 19.1 | 19.1 | 22.6 | 20.1 | 14.1 | 17.7 | 11.9 |
| 7.9 | 7.8 | 11.7 | 14.1 | 9.1 | 10.2 | 11.6 | 14.6 | 12.5 | 10.4 | 12.7 | 9.3 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 9,427 | 9,377 | 11,905 | 13,166 | 14,253 | 14,404 | 15,110 | 17,237 | 19,547 | 23,242 | 27,148 | 28,592 |
Growth Revenue Growth% | 9.0 | -0.5 | 27.0 | 10.6 | 8.3 | 1.1 | 4.9 | 14.1 | 13.4 | 18.9 | 16.8 | 21.1 |
| 7,096 | 7,472 | 9,057 | 10,182 | 11,470 | 11,016 | 11,769 | 13,378 | 14,163 | 16,183 | 18,673 | 20,276 | |
| 2,331 | 1,904 | 2,848 | 2,984 | 2,783 | 3,387 | 3,341 | 3,860 | 5,384 | 7,059 | 8,475 | 8,316 | |
OPM OPM% | 24.7 | 20.3 | 23.9 | 22.7 | 19.5 | 23.5 | 22.1 | 22.4 | 27.5 | 30.4 | 31.2 | 29.1 |
| 113 | 128 | 113 | 191 | -250 | -160 | 337 | -418 | 270 | 50 | -7 | -74 | |
Interest Expense Interest ExpenseCr | 53 | 45 | 91 | 194 | 342 | 159 | 127 | 130 | 81 | 166 | 439 | 510 |
Depreciation DepreciationCr | 292 | 373 | 539 | 599 | 697 | 670 | 713 | 723 | 764 | 916 | 1,408 | 1,725 |
PBT PBTCr | 2,099 | 1,615 | 2,331 | 2,382 | 1,495 | 2,399 | 2,838 | 2,590 | 4,809 | 6,027 | 6,621 | 6,007 |
| 177 | 129 | 564 | 530 | 320 | 194 | 512 | 588 | 978 | 1,412 | 1,595 | 1,515 | |
PAT PATCr | 1,921 | 1,486 | 1,766 | 1,852 | 1,176 | 2,206 | 2,326 | 2,002 | 3,831 | 4,615 | 5,026 | 4,492 |
Growth PAT Growth% | 62.0 | -22.7 | 18.9 | 4.8 | -36.5 | 87.6 | 5.5 | -13.9 | 91.4 | 20.4 | 8.9 | -3.1 |
NPM NPM% | 20.4 | 15.8 | 14.8 | 14.1 | 8.3 | 15.3 | 15.4 | 11.6 | 19.6 | 19.9 | 18.5 | 15.7 |
| 19.2 | 14.5 | 17.4 | 18.1 | 11.5 | 20.9 | 43.8 | 19.3 | 38.1 | 45.0 | 50.1 | 44.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 9,427 | 9,377 | 11,905 | 13,166 | 14,253 | 14,404 | 15,110 | 17,237 | 19,547 | 23,242 | 27,148 | 28,592 |
Growth Revenue Growth% | 9.0 | -0.5 | 27.0 | 10.6 | 8.3 | 1.1 | 4.9 | 14.1 | 13.4 | 18.9 | 16.8 | 21.1 |
| 7,096 | 7,472 | 9,057 | 10,182 | 11,470 | 11,016 | 11,769 | 13,378 | 14,163 | 16,183 | 18,673 | 20,276 | |
| 2,331 | 1,904 | 2,848 | 2,984 | 2,783 | 3,387 | 3,341 | 3,860 | 5,384 | 7,059 | 8,475 | 8,316 | |
OPM OPM% | 24.7 | 20.3 | 23.9 | 22.7 | 19.5 | 23.5 | 22.1 | 22.4 | 27.5 | 30.4 | 31.2 | 29.1 |
| 113 | 128 | 113 | 191 | -250 | -160 | 337 | -418 | 270 | 50 | -7 | -74 | |
Interest Expense Interest ExpenseCr | 53 | 45 | 91 | 194 | 342 | 159 | 127 | 130 | 81 | 166 | 439 | 510 |
Depreciation DepreciationCr | 292 | 373 | 539 | 599 | 697 | 670 | 713 | 723 | 764 | 916 | 1,408 | 1,725 |
PBT PBTCr | 2,099 | 1,615 | 2,331 | 2,382 | 1,495 | 2,399 | 2,838 | 2,590 | 4,809 | 6,027 | 6,621 | 6,007 |
| 177 | 129 | 564 | 530 | 320 | 194 | 512 | 588 | 978 | 1,412 | 1,595 | 1,515 | |
PAT PATCr | 1,921 | 1,486 | 1,766 | 1,852 | 1,176 | 2,206 | 2,326 | 2,002 | 3,831 | 4,615 | 5,026 | 4,492 |
Growth PAT Growth% | 62.0 | -22.7 | 18.9 | 4.8 | -36.5 | 87.6 | 5.5 | -13.9 | 91.4 | 20.4 | 8.9 | -3.1 |
NPM NPM% | 20.4 | 15.8 | 14.8 | 14.1 | 8.3 | 15.3 | 15.4 | 11.6 | 19.6 | 19.9 | 18.5 | 15.7 |
| 19.2 | 14.5 | 17.4 | 18.1 | 11.5 | 20.9 | 43.8 | 19.3 | 38.1 | 45.0 | 50.1 | 44.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 101 | 101 | 101 | 101 |
Reserves ReservesCr | 5,597 | 6,858 | 8,642 | 10,284 | 10,273 | 12,890 | 16,897 | 17,415 | 19,729 | 23,853 | 27,011 |
| 3,461 | 5,306 | 6,083 | 7,343 | 8,269 | 7,861 | 7,827 | 5,527 | 5,340 | 9,042 | 15,712 | |
| 1,255 | 2,799 | 3,047 | 4,461 | 3,707 | 1,094 | 915 | 541 | 1,840 | 1,802 | 7,113 | |
| 10,551 | 15,221 | 18,065 | 23,483 | 23,687 | 23,885 | 27,795 | 25,756 | 29,281 | 37,202 | 52,407 | |
| 4,280 | 6,022 | 8,230 | 8,498 | 8,715 | 8,716 | 12,095 | 10,008 | 11,420 | 17,046 | 19,906 | |
| 6,270 | 9,198 | 9,836 | 14,985 | 14,971 | 15,169 | 15,700 | 15,748 | 17,861 | 20,156 | 32,501 | |
| 10,551 | 15,221 | 18,065 | 23,483 | 23,687 | 23,885 | 27,795 | 25,756 | 29,281 | 37,202 | 52,407 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 102 | 102 | 102 | 102 | 102 | 102 | 102 | 101 | 101 | 101 | 101 |
Reserves ReservesCr | 5,597 | 6,858 | 8,642 | 10,284 | 10,273 | 12,890 | 16,897 | 17,415 | 19,729 | 23,853 | 27,011 |
| 3,461 | 5,306 | 6,083 | 7,343 | 8,269 | 7,861 | 7,827 | 5,527 | 5,340 | 9,042 | 15,712 | |
| 1,255 | 2,799 | 3,047 | 4,461 | 3,707 | 1,094 | 915 | 541 | 1,840 | 1,802 | 7,113 | |
| 10,551 | 15,221 | 18,065 | 23,483 | 23,687 | 23,885 | 27,795 | 25,756 | 29,281 | 37,202 | 52,407 | |
| 4,280 | 6,022 | 8,230 | 8,498 | 8,715 | 8,716 | 12,095 | 10,008 | 11,420 | 17,046 | 19,906 | |
| 6,270 | 9,198 | 9,836 | 14,985 | 14,971 | 15,169 | 15,700 | 15,748 | 17,861 | 20,156 | 32,501 | |
| 10,551 | 15,221 | 18,065 | 23,483 | 23,687 | 23,885 | 27,795 | 25,756 | 29,281 | 37,202 | 52,407 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,894 | 1,312 | 919 | 1,282 | 2,505 | 3,293 | 2,104 | 2,689 | 3,228 | 6,781 | 2,117 | |
| -864 | -2,872 | -974 | -4,239 | -1,012 | -723 | 1,154 | 1,171 | -1,475 | -8,358 | -8,296 | |
| -935 | 2,316 | 52 | 1,885 | -1,094 | -2,549 | -868 | -4,400 | -1,810 | 1,995 | 5,807 | |
Net Cash Flow Net Cash FlowCr | 95 | 756 | -3 | -1,072 | 399 | 22 | 2,390 | -540 | -58 | 419 | -373 |
Free Cash Flow Free Cash FlowCr | 936 | -1,623 | -116 | 236 | 1,617 | 2,446 | 937 | 1,697 | 2,345 | 5,139 | -530 |
CFO To PAT CFO To PAT% | 98.5 | 88.3 | 52.0 | 69.2 | 213.1 | 149.3 | 90.4 | 134.3 | 84.3 | 146.9 | 42.1 |
CFO To EBITDA CFO To EBITDA% | 81.3 | 68.9 | 32.3 | 43.0 | 90.0 | 97.2 | 63.0 | 69.7 | 60.0 | 96.1 | 25.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,894 | 1,312 | 919 | 1,282 | 2,505 | 3,293 | 2,104 | 2,689 | 3,228 | 6,781 | 2,117 | |
| -864 | -2,872 | -974 | -4,239 | -1,012 | -723 | 1,154 | 1,171 | -1,475 | -8,358 | -8,296 | |
| -935 | 2,316 | 52 | 1,885 | -1,094 | -2,549 | -868 | -4,400 | -1,810 | 1,995 | 5,807 | |
Net Cash Flow Net Cash FlowCr | 95 | 756 | -3 | -1,072 | 399 | 22 | 2,390 | -540 | -58 | 419 | -373 |
Free Cash Flow Free Cash FlowCr | 936 | -1,623 | -116 | 236 | 1,617 | 2,446 | 937 | 1,697 | 2,345 | 5,139 | -530 |
CFO To PAT CFO To PAT% | 98.5 | 88.3 | 52.0 | 69.2 | 213.1 | 149.3 | 90.4 | 134.3 | 84.3 | 146.9 | 42.1 |
CFO To EBITDA CFO To EBITDA% | 81.3 | 68.9 | 32.3 | 43.0 | 90.0 | 97.2 | 63.0 | 69.7 | 60.0 | 96.1 | 25.0 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 32,448 | 45,377 | 38,764 | 35,483 | 27,344 | 45,132 | 35,698 | 49,750 | 1,01,152 | 89,122 | 87,663 | 1,15,940 |
Price To Earnings Price To Earnings | 16.8 | 30.5 | 21.8 | 19.2 | 23.3 | 21.1 | 8.0 | 25.4 | 26.2 | 19.7 | 17.4 | 25.9 |
Price To Sales Price To Sales | 3.4 | 4.8 | 3.3 | 2.7 | 1.9 | 3.0 | 2.3 | 2.9 | 5.2 | 2.0 | 1.7 | 4.1 |
Price To Book Price To Book | 5.7 | 6.5 | 4.4 | 3.4 | 2.6 | 3.5 | 2.1 | 2.8 | 5.1 | 3.7 | 3.2 | 4.3 |
EV To EBITDA EV To EBITDA | 14.6 | 25.6 | 14.9 | 14.1 | 12.0 | 14.4 | 11.6 | 13.1 | 18.7 | 12.7 | 11.7 | 15.3 |
GPM GPM% | 62.1 | 58.0 | 60.0 | 58.5 | 59.9 | 61.5 | 57.9 | 58.6 | 63.5 | 68.5 | 69.0 | 69.0 |
OPM OPM% | 24.7 | 20.3 | 23.9 | 22.7 | 19.5 | 23.5 | 22.1 | 22.4 | 27.5 | 30.4 | 31.2 | 29.1 |
NPM NPM% | 20.4 | 15.8 | 14.8 | 14.1 | 8.3 | 15.3 | 15.4 | 11.6 | 19.6 | 19.9 | 18.5 | 15.7 |
ROCE ROCE% | 27.6 | 13.9 | 17.5 | 14.7 | 10.6 | 14.5 | 14.0 | 14.5 | 23.7 | 22.8 | 17.8 | 17.8 |
ROE ROE% | 33.7 | 21.4 | 20.2 | 17.8 | 11.3 | 17.0 | 13.7 | 11.4 | 19.3 | 19.3 | 18.5 | 18.5 |
ROA ROA% | 18.2 | 9.8 | 9.8 | 7.9 | 5.0 | 9.2 | 8.4 | 7.8 | 13.1 | 12.4 | 9.6 | 9.6 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 32,448 | 45,377 | 38,764 | 35,483 | 27,344 | 45,132 | 35,698 | 49,750 | 1,01,152 | 89,122 | 87,663 | 1,15,940 |
Price To Earnings Price To Earnings | 16.8 | 30.5 | 21.8 | 19.2 | 23.3 | 21.1 | 8.0 | 25.4 | 26.2 | 19.7 | 17.4 | 25.9 |
Price To Sales Price To Sales | 3.4 | 4.8 | 3.3 | 2.7 | 1.9 | 3.0 | 2.3 | 2.9 | 5.2 | 2.0 | 1.7 | 4.1 |
Price To Book Price To Book | 5.7 | 6.5 | 4.4 | 3.4 | 2.6 | 3.5 | 2.1 | 2.8 | 5.1 | 3.7 | 3.2 | 4.3 |
EV To EBITDA EV To EBITDA | 14.6 | 25.6 | 14.9 | 14.1 | 12.0 | 14.4 | 11.6 | 13.1 | 18.7 | 12.7 | 11.7 | 15.3 |
GPM GPM% | 62.1 | 58.0 | 60.0 | 58.5 | 59.9 | 61.5 | 57.9 | 58.6 | 63.5 | 68.5 | 69.0 | 69.0 |
OPM OPM% | 24.7 | 20.3 | 23.9 | 22.7 | 19.5 | 23.5 | 22.1 | 22.4 | 27.5 | 30.4 | 31.2 | 29.1 |
NPM NPM% | 20.4 | 15.8 | 14.8 | 14.1 | 8.3 | 15.3 | 15.4 | 11.6 | 19.6 | 19.9 | 18.5 | 15.7 |
ROCE ROCE% | 27.6 | 13.9 | 17.5 | 14.7 | 10.6 | 14.5 | 14.0 | 14.5 | 23.7 | 22.8 | 17.8 | 17.8 |
ROE ROE% | 33.7 | 21.4 | 20.2 | 17.8 | 11.3 | 17.0 | 13.7 | 11.4 | 19.3 | 19.3 | 18.5 | 18.5 |
ROA ROA% | 18.2 | 9.8 | 9.8 | 7.9 | 5.0 | 9.2 | 8.4 | 7.8 | 13.1 | 12.4 | 9.6 | 9.6 |
Documents — Zydus Lifesciences Ltd
Concall Transcript Summaries — Zydus Lifesciences Ltd