- Total income
- ₹23,167 Cr
- Profit
- ₹3,282 Cr
About Lupin
Lupin is a publicly listed company based in Mumbai (India) founded in 1968. Pharmaceutical products including generics, biosimilars, and APIs are manufactured. The company has 26,210 employees. Lupin has completed 11 acquisitions, including Biocom, Biocom California and Harmosan Pharma. Its chief executive, as recorded, is Vinita D Gupta. Its website lupin.com draws about 216 thousand monthly visits. Its Indian entity Lupin Limited reported revenue of βΉ29,039 Cr. Its focus areas include Diversified Pharmaceuticals and Drugs.
Company details
Lupin was founded in 1968 in Mumbai, India, within the pharmaceutical sector. Generics, biosimilars, and active pharmaceutical ingredients are produced, alongside offerings in key therapeutic areas. Tech-driven solutions, over-the-counter medications, biotech products, and contract development and manufacturing organization services are provided. A global institutional business is operated, with manufacturing solutions extended internationally. Research and development efforts are directed toward advancing industry standing.
Lupin is ranked #121 on the Fortune India 500 (2025).
Recognitions & Rankings of Lupin
- Valuation
- ₹96,050 Cr
- Market Cap₹88,207 Cr
LUPIN · NSE
- Share Price₹1,959.90
+1.61% today
- Revenue₹27,958 Cr
FY 2025-26 · +23.1% YoY
- EBITDA₹7,602 Cr
Margin 27.2%
- Net Profit₹5,688 Cr
FY 2025-26 · +76.4% YoY
- P/E (TTM)15.1x
P/B 4.0x
- ROE27.0%
ROCE 27.4%
- Debt / Equity0.30
Interest cover 7.0x
- Latest Funding Round$25M (USD), Post-IPO
Jun 2023
- InvestorsAbbVie
& 2 more
- Employee Count26,210
- Investments & AcquisitionsBiocom
& 10 more
Associated legal entities of Lupin
Lupin operates through Lupin Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lupin Limited Listed CIN L24100MH1983PLC029442 | Active | 01 Mar 1983 | Mumbai, Maharashtra | ₹29,039 Cr | 19,688 | 13 | View details |
Funding Insights of Lupin
- Total Rounds 5
- Last Round Post-IPO β $25M
- First Round $150,000
(Jul 2013)
- Investors Count 3
All 5 funding rounds of Lupin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $25M | Post-IPO | β | β | |
| May 2021 | $50M | Post-IPO | β | β | |
| Dec 2016 | $220,014 | Grant | β | β | |
| Sep 2013 | Post-IPO | β | β | β | |
| Jul 2013 | $150,000 | Grant | β | β |
3 investors in total: 3 institutional.
Investors in Lupin
Lupin has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include AbbVie, Boehringer Ingelheim and National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biopharmaceutical research and drug development are conducted globally by AbbVie. | 2012 | abbvie.com | Chicago, United States | |
Generic drugs and clinical research services are provided globally. | 1885 | boehringer-ingelheim.com | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for Lupin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Lupin Limited (Lupin)
Lupin Limited is the primary company behind Lupin. The board of Lupin Limited currently have 10 directors; the longest-serving is Vinita Deshbandhu Gupta, appointed in 2001. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinita Deshbandhu Gupta DIN 00058631 | Whole-time director | 17 Aug 2001 | 25 yrs 2 mo | Lupin Limited |
| Nilesh Deshbandhu Gupta DIN 01734642 | Managing Director | 01 Sep 2013 | 13 yrs 1 mo | Lupin Limited |
| Manju Deshbandhu Gupta DIN 00209461 | Director | 01 Apr 2014 | 12 yrs 6 mo | Lupin Limited |
| Ramesh Swaminathan DIN 01833346 | Whole-time director | 26 Mar 2020 | 6 yrs 7 mo | Lupin Limited |
| Kanwar Bir Singh Anand DIN 03518282 | Director | 12 Aug 2020 | 6 yrs 2 mo | Lupin Limited |
| Mark Daniel Mc Dade DIN 09037255 | Director | 28 Jan 2021 | 5 yrs 8 mo | Lupin Limited |
| Jeffrey Bruce Kindler DIN 10592395 | Director | 06 May 2024 | 2 yrs 5 mo | Lupin Limited |
| Alfonso Martin Gimenez Zulueta DIN 10597962 | Director | 06 May 2024 | 2 yrs 5 mo | Lupin Limited |
| Punita Lal DIN 03412604 | Director | 14 May 2025 | 1 yr 5 mo | Lupin Limited |
| Anand Kripalu DIN 00118324 | Director | 01 Feb 2026 | 8 mo | Lupin Limited |
People of Lupin
362 people are tracked at Lupin (129 in leadership, 6 in board & advisors, 227 in team); the tracked headcount is 26,210.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Abdelaziz Toumi | CEO | Leadership |
| Managing Director | Leadership | |
Narendra K Saini | CDO | Chief Digital & Data Officer | Leadership |
Nandan Singh | Deputy General Manager - Human Resources | Leadership |
Raghu V Kolluri Ph.d. | Global Head - Investigations & CQA IT | Leadership |
Girish Vyas | Deputy General Manager Of Finance | Leadership |
| CEO | Leadership | |
Yashwant Mahadik | President, Global Human Resources | Leadership |
Sunil Makharia | President, Finance | Leadership |
Thierry Volle | President, Europe, Middle-East & Africa | Leadership |
Fabrice Egros | President, Global Corporate Development & Growth Markets | Leadership |
| Executive Director, Global CFO & Head, Corporate Affairs | Leadership | |
Spiro Gavaris | President, US Generics | Leadership |
Shahin Fesharaki | President, Global Chief Scientific Officer | Leadership |
Tushara Shankar | Sr. Gm/ Head- Corporate Social Responsibility | Leadership |
Kiritkumar Dumraliya | Deputy General Manager – Strategic IT Projects (cio Office) | Leadership |
Ruth Blättler-Egli | Associate Director / HR Lead EMEA | Leadership |
Rishabh Deo Mall | Deputy GM - Head Of Data Science And Analytics | Leadership |
Sanjay Rahurkar | Head HR - Baroda Plant | Leadership |
342 more people are available in the full profile.
Complete people profiles for Lupin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Lupin
Lupin is a publicly listed company on the NSE with ticker symbol LUPIN in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Sep 2001
- Listed onNSE: LUPIN
- Listed entityLupin Limited
- Exchange sectorHealth technology
- ISININE326A01037
- Share price₹1,953.20 (-0.02% on the day) · 2026-10-14
- Market capitalisation₹89,629 Cr
- Price to earnings16.2
- EPS (diluted, trailing year)₹120.73
- Dividend yield0.92%
- Volume (last session)795,302
Financials of Lupin
Exchange-reported figures of Lupin Limited, the listed company behind Lupin (NSE: LUPIN).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 27,958 | 22,708 | 20,011 | 16,642 | 16,405 | 15,163 | 15,375 |
| Revenue growth | +23.1% | +13.5% | +20.3% | +1.4% | +8.2% | -1.4% | - |
| EBITDA | 7,602 | 5,278 | 3,800 | 1,721 | 219 | 2,567 | 1,603 |
| EBITDA margin | +27.2% | +23.2% | +19.0% | +10.3% | +1.3% | +16.9% | +10.4% |
| Profit before tax | 6,873 | 4,015 | 2,422 | 716 | (1,372) | 1,676 | 887 |
| Net profit | 5,688 | 3,225 | 1,892 | 410 | (1,561) | 1,177 | (470) |
| Net profit margin | +20.3% | +14.2% | +9.5% | +2.5% | -9.5% | +7.8% | -3.1% |
| EPS (βΉ) | 116.64 | 71.87 | 42.01 | 9.45 | (33.62) | 26.81 | (5.95) |
| Balance sheet | |||||||
| Total assets | 29,973 | 23,434 | 18,016 | 17,789 | 17,099 | 19,711 | 20,071 |
| Net worth | 22,448 | 17,204 | 14,290 | 12,464 | 12,153 | 13,803 | 12,537 |
| Total debt | 6,616 | 5,448 | 2,922 | 4,542 | 4,158 | 4,783 | 6,305 |
| Cash & bank | 5,653 | 3,142 | 1,203 | 1,293 | 1,098 | 1,742 | 2,454 |
| Net working capital | 12,277 | 10,195 | 6,866 | 7,074 | 7,153 | 7,940 | 8,362 |
| Cash flow | |||||||
| Cash from operations | 7,334 | 3,000 | 3,648 | 1,897 | 367 | 1,822 | 1,469 |
| Cash from investing | (3,865) | (4,172) | (1,712) | (1,287) | 1,292 | (1,240) | 1,107 |
| Cash from financing | (846) | 1,732 | (2,184) | (337) | (1,572) | (1,885) | (891) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,277 | 7,475 | 7,168 | 7,048 | 6,268 | 5,667 | 5,768 | 5,673 |
| Revenue growth (YoY) | +32.0% | +31.9% | +24.3% | +24.2% | +11.9% | - | - | - |
| Other income | 130 | 141 | 115 | 90.00 | 79.04 | 56.95 | 53.71 | 42.29 |
| EBITDA | 2,450 | 2,354 | 1,835 | 2,341 | 1,727 | 1,321 | 1,356 | 1,340 |
| EBITDA margin | +29.8% | +31.8% | +25.8% | +34.3% | +28.0% | +23.8% | +24.1% | +24.4% |
| Depreciation | 453 | 447 | 313 | 317 | 299 | 393 | 271 | 257 |
| Interest | 110 | 120 | 115 | 108 | 91.76 | 89.10 | 66.89 | 70.87 |
| Profit before tax | 2,017 | 1,928 | 1,522 | 2,007 | 1,416 | 896 | 1,071 | 1,055 |
| Tax | 600 | 459 | 342 | 522 | 194 | 113 | 212 | 195 |
| Net profit | 1,417 | 1,469 | 1,181 | 1,485 | 1,221 | 782 | 859 | 859 |
| EPS (βΉ) | 30.89 | 34.75 | 25.67 | 32.28 | 26.62 | 16.87 | 18.69 | 18.64 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 19,513 | 16,968 | 14,666 | 11,259 | 11,772 | 11,056 | 11,026 |
| Revenue growth | +15.0% | +15.7% | +30.3% | -4.4% | +6.5% | +0.3% | - |
| EBITDA | 7,176 | 5,316 | 3,450 | 964 | 209 | 2,044 | 1,148 |
| EBITDA margin | +36.8% | +31.3% | +23.5% | +8.6% | +1.8% | +18.5% | +10.4% |
| Profit before tax | 7,694 | 4,837 | 2,785 | 527 | (162) | 1,630 | 1,052 |
| Net profit | 5,774 | 4,000 | 2,302 | 411 | (219) | 1,217 | 1,153 |
| Net profit margin | +29.6% | +23.6% | +15.7% | +3.7% | -1.9% | +11.0% | +10.5% |
| EPS (βΉ) | 139.25 | 87.01 | 51.04 | 9.35 | (4.15) | 27.74 | 16.06 |
| Balance sheet | |||||||
| Total assets | 31,873 | 25,037 | 21,135 | 19,554 | 19,439 | 19,409 | 17,937 |
| Net worth | 30,134 | 24,278 | 20,603 | 18,412 | 18,150 | 18,566 | 17,473 |
| Total debt | 1,115 | 250 | 105 | 749 | 951 | 485 | 5.83 |
| Cash & bank | 128 | 459 | 139 | 101 | 64.56 | 284 | 1,306 |
| Net working capital | 8,062 | 7,651 | 4,847 | 4,187 | 4,928 | 5,064 | 5,959 |
| Cash flow | |||||||
| Cash from operations | 5,540 | 2,445 | 2,504 | 1,794 | 151 | 1,570 | 2,219 |
| Cash from investing | (5,649) | (1,766) | (1,599) | (1,269) | (372) | (2,508) | (740) |
| Cash from financing | (121) | (460) | (867) | (498) | 102 | (53.17) | (368) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,172 | 5,235 | 4,501 | 4,068 | 5,709 | 4,486 | 4,208 | 4,106 |
| Revenue growth (YoY) | +25.6% | +16.7% | +7.0% | -0.9% | +37.0% | - | - | - |
| Other income | 102 | 537 | 99.80 | 663 | 54.14 | 48.79 | 55.30 | 32.62 |
| Total expenses | 3,439 | 2,953 | 3,518 | 2,893 | 2,979 | 2,740 | 2,874 | 2,991 |
| EBITDA | 3,733 | 2,282 | 983 | 1,176 | 2,730 | 1,746 | 1,334 | 1,115 |
| EBITDA margin | +52.5% | +44.3% | +22.2% | +30.5% | +48.7% | +39.8% | +32.9% | +28.4% |
| Depreciation | 190 | 177 | 179 | 175 | 177 | 208 | 153 | 146 |
| Interest | 35.56 | 38.77 | 36.02 | 27.78 | 18.90 | 33.85 | 19.55 | 17.55 |
| Profit before tax | 3,610 | 2,602 | 868 | 1,636 | 2,588 | 1,553 | 1,217 | 984 |
| Tax | 895 | 439 | 150 | 278 | 460 | 262 | 232 | 176 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,277 | 7,475 | 7,168 | 7,048 | 6,268 | 5,667 | 5,768 | 5,673 |
| Revenue growth (YoY) | +32.0% | +31.9% | +24.3% | +24.2% | +11.9% | - | - | - |
| Other income | 130 | 141 | 115 | 90.00 | 79.04 | 56.95 | 53.71 | 42.29 |
| EBITDA | 2,450 | 2,354 | 1,835 | 2,341 | 1,727 | 1,321 | 1,356 | 1,340 |
| EBITDA margin | +29.8% | +31.8% | +25.8% | +34.3% | +28.0% | +23.8% | +24.1% | +24.4% |
| Depreciation | 453 | 447 | 313 | 317 | 299 | 393 | 271 | 257 |
| Interest | 110 | 120 | 115 | 108 | 91.76 | 89.10 | 66.89 | 70.87 |
| Profit before tax | 2,017 | 1,928 | 1,522 | 2,007 | 1,416 | 896 | 1,071 | 1,055 |
| Tax | 600 | 459 | 342 | 522 | 194 | 113 | 212 | 195 |
| Net profit | 1,417 | 1,469 | 1,181 | 1,485 | 1,221 | 782 | 859 | 859 |
| EPS (βΉ) | 30.89 | 34.75 | 25.67 | 32.28 | 26.62 | 16.87 | 18.69 | 18.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 27,958 | 22,708 | 20,011 | 16,642 | 16,405 | 15,163 | 15,375 |
| Revenue growth | +23.1% | +13.5% | +20.3% | +1.4% | +8.2% | -1.4% | - |
| Other income | 1,081 | 202 | 131 | 151 | 210 | 138 | 618 |
| Total expenses | 20,356 | 17,430 | 16,211 | 14,921 | 16,187 | 12,596 | 13,772 |
| Employee cost | 4,575 | 3,964 | 3,495 | 3,087 | 2,989 | 2,826 | 2,987 |
| EBITDA | 7,602 | 5,278 | 3,800 | 1,721 | 219 | 2,567 | 1,603 |
| EBITDA margin | +27.2% | +23.2% | +19.0% | +10.3% | +1.3% | +16.9% | +10.4% |
| Depreciation | 1,376 | 1,169 | 1,197 | 881 | 1,659 | 887 | 970 |
| Interest | 434 | 295 | 312 | 274 | 143 | 141 | 363 |
| Profit before tax | 6,873 | 4,015 | 2,422 | 716 | (1,372) | 1,676 | 887 |
| Tax | 1,517 | 709 | 487 | 269 | 137 | 449 | 1,157 |
| Net profit | 5,688 | 3,225 | 1,892 | 410 | (1,561) | 1,177 | (470) |
| Net profit margin | +20.3% | +14.2% | +9.5% | +2.5% | -9.5% | +7.8% | -3.1% |
| EPS (βΉ) | 116.64 | 71.87 | 42.01 | 9.45 | (33.62) | 26.81 | (5.95) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 91.44 | 91.32 | 91.14 | 91.00 | 90.90 | 90.74 | 90.60 |
| Reserves & surplus | 22,357 | 17,112 | 14,199 | 12,374 | 12,062 | 13,712 | 12,446 |
| Shareholders' funds (net worth) | 22,448 | 17,204 | 14,290 | 12,464 | 12,153 | 13,803 | 12,537 |
| Minority interest | 65.10 | 90.85 | 83.16 | 78.32 | 68.71 | 54.97 | 44.46 |
| Secured loans | 2,660 | 2,396 | 0.00 | 0.00 | 142 | 243 | 176 |
| Unsecured loans | 3,956 | 3,052 | 2,922 | 4,542 | 4,017 | 4,540 | 6,130 |
| Total debt | 6,616 | 5,448 | 2,922 | 4,542 | 4,158 | 4,783 | 6,305 |
| Total liabilities | 29,973 | 23,434 | 18,016 | 17,789 | 17,099 | 19,711 | 20,071 |
| Assets | |||||||
| Gross block | 23,217 | 20,184 | 19,665 | 18,077 | 15,990 | 14,727 | 14,160 |
| Net block | 10,994 | 9,719 | 8,878 | 8,355 | 7,382 | 7,881 | 7,938 |
| Capital work in progress | 1,016 | 517 | 773 | 1,238 | 1,146 | 1,066 | 940 |
| Investments | 3,670 | 1,146 | 1,075 | 517 | 900 | 2,455 | 2,374 |
| Inventories | 6,083 | 5,476 | 4,954 | 4,492 | 4,631 | 4,092 | 3,457 |
| Sundry debtors | 6,604 | 5,497 | 4,692 | 4,481 | 4,262 | 4,474 | 5,446 |
| Cash & bank balances | 5,653 | 3,142 | 1,203 | 1,293 | 1,098 | 1,742 | 2,454 |
| Loans & advances | 2,110 | 1,624 | 1,752 | 1,746 | 1,644 | 1,301 | 1,718 |
| Total current assets | 20,450 | 15,739 | 12,601 | 12,012 | 11,635 | 11,610 | 13,075 |
| Total current liabilities | 8,173 | 5,544 | 5,735 | 4,938 | 4,482 | 3,669 | 4,713 |
| Net working capital | 12,277 | 10,195 | 6,866 | 7,074 | 7,153 | 7,940 | 8,362 |
| Total assets | 29,973 | 23,434 | 18,016 | 17,789 | 17,099 | 19,711 | 20,071 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1,544 | 984 | 1,232 | 991 | 926 | 2,229 | 544 |
| Net cash from operating activities | 7,334 | 3,000 | 3,648 | 1,897 | 367 | 1,822 | 1,469 |
| Net cash from investing activities | (3,865) | (4,172) | (1,712) | (1,287) | 1,292 | (1,240) | 1,107 |
| Net cash from financing activities | (846) | 1,732 | (2,184) | (337) | (1,572) | (1,885) | (891) |
| Net change in cash | 2,624 | 560 | (248) | 273 | 87.22 | (1,303) | 1,685 |
| Closing cash | 5,653 | 3,142 | 1,203 | 1,293 | 1,098 | 1,742 | 2,454 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +23.1% | +13.5% | +20.3% | +1.4% | +8.2% | -1.4% | - |
| EBITDA growth | +44.0% | +38.9% | +120.9% | +686.3% | -91.5% | +60.2% | - |
| PBT growth | +71.2% | +65.8% | +238.1% | +9998.0% | - | +88.9% | -41.0% |
| Net income growth | +76.4% | +70.5% | +361.8% | +126.2% | -232.6% | +350.3% | - |
| Revenue CAGR (3Y) | +18.9% | +11.5% | +9.7% | +2.7% | +3.8% | -1.4% | -4.0% |
| EBITDA CAGR (3Y) | +64.1% | +188.9% | +14.0% | +2.4% | -53.8% | +15.1% | -29.1% |
| Profitability & leverage | |||||||
| Net income margin | +19.2% | +14.6% | +9.7% | +2.7% | -9.2% | +8.1% | -1.8% |
| Return on capital employed | +27.4% | +20.9% | +15.3% | +5.7% | -6.7% | +9.2% | +8.1% |
| Return on net worth | +27.0% | +21.0% | +14.5% | +3.6% | -11.6% | +9.3% | -3.6% |
| Debt / equity | 0.30 | 0.27 | 0.28 | 0.35 | 0.34 | 0.42 | 0.56 |
| Long-term debt / equity | 0.11 | 0.07 | 0.01 | 0.01 | 0.01 | 0.07 | 0.32 |
| Interest cover | 6.98 | 7.18 | 11.97 | 32.66 | -9.92 | 8.37 | 57.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.29 | 1.14 | 1.06 | 0.98 | 1.07 | 1.05 | 1.03 |
| Inventory turnover | 4.84 | 4.35 | 4.24 | 3.65 | 3.76 | 4.02 | 4.22 |
| Debtors turnover | 4.62 | 4.46 | 4.36 | 3.81 | 3.76 | 3.06 | 2.90 |
| EPS (βΉ) | 116.64 | 71.87 | 42.01 | 9.45 | (33.62) | 26.81 | (5.95) |
| Dividend per share (βΉ) | 18.00 | 12.00 | 8.00 | 4.00 | 4.00 | 6.50 | 6.00 |
| Book value per share (βΉ) | 490.99 | 376.77 | 313.59 | 273.95 | 267.40 | 304.23 | 276.75 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,172 | 5,235 | 4,501 | 4,068 | 5,709 | 4,486 | 4,208 | 4,106 |
| Revenue growth (YoY) | +25.6% | +16.7% | +7.0% | -0.9% | +37.0% | - | - | - |
| Other income | 102 | 537 | 99.80 | 663 | 54.14 | 48.79 | 55.30 | 32.62 |
| Total expenses | 3,439 | 2,953 | 3,518 | 2,893 | 2,979 | 2,740 | 2,874 | 2,991 |
| EBITDA | 3,733 | 2,282 | 983 | 1,176 | 2,730 | 1,746 | 1,334 | 1,115 |
| EBITDA margin | +52.5% | +44.3% | +22.2% | +30.5% | +48.7% | +39.8% | +32.9% | +28.4% |
| Depreciation | 190 | 177 | 179 | 175 | 177 | 208 | 153 | 146 |
| Interest | 35.56 | 38.77 | 36.02 | 27.78 | 18.90 | 33.85 | 19.55 | 17.55 |
| Profit before tax | 3,610 | 2,602 | 868 | 1,636 | 2,588 | 1,553 | 1,217 | 984 |
| Tax | 895 | 439 | 150 | 278 | 460 | 262 | 232 | 176 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 19,513 | 16,968 | 14,666 | 11,259 | 11,772 | 11,056 | 11,026 |
| Revenue growth | +15.0% | +15.7% | +30.3% | -4.4% | +6.5% | +0.3% | - |
| Other income | 1,346 | 253 | 116 | 210 | 217 | 129 | 475 |
| Total expenses | 12,336 | 11,652 | 11,216 | 10,295 | 11,563 | 9,012 | 9,877 |
| Employee cost | 2,545 | 2,312 | 2,096 | 1,934 | 1,918 | 1,696 | 1,703 |
| EBITDA | 7,176 | 5,316 | 3,450 | 964 | 209 | 2,044 | 1,148 |
| EBITDA margin | +36.8% | +31.3% | +23.5% | +8.6% | +1.8% | +18.5% | +10.4% |
| Depreciation | 707 | 648 | 725 | 548 | 514 | 503 | 519 |
| Interest | 121 | 84.50 | 56.35 | 98.44 | 73.47 | 40.62 | 52.59 |
| Profit before tax | 7,694 | 4,837 | 2,785 | 527 | (162) | 1,630 | 1,052 |
| Tax | 1,328 | 864 | 459 | 102 | 27.17 | 371 | 325 |
| Net profit | 5,774 | 4,000 | 2,302 | 411 | (219) | 1,217 | 1,153 |
| Net profit margin | +29.6% | +23.6% | +15.7% | +3.7% | -1.9% | +11.0% | +10.5% |
| EPS (βΉ) | 139.25 | 87.01 | 51.04 | 9.35 | (4.15) | 27.74 | 16.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 91.44 | 91.32 | 91.14 | 91.00 | 90.90 | 90.74 | 90.60 |
| Reserves & surplus | 30,042 | 24,187 | 20,512 | 18,321 | 18,059 | 18,475 | 17,383 |
| Shareholders' funds (net worth) | 30,134 | 24,278 | 20,603 | 18,412 | 18,150 | 18,566 | 17,473 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 50.79 | 5.29 |
| Unsecured loans | 1,115 | 250 | 105 | 749 | 951 | 435 | 0.54 |
| Total debt | 1,115 | 250 | 105 | 749 | 951 | 485 | 5.83 |
| Total liabilities | 31,873 | 25,037 | 21,135 | 19,554 | 19,439 | 19,409 | 17,937 |
| Assets | |||||||
| Gross block | 9,044 | 8,673 | 7,605 | 7,408 | 6,705 | 6,230 | 5,666 |
| Net block | 4,873 | 4,946 | 4,113 | 4,022 | 3,690 | 3,639 | 3,514 |
| Capital work in progress | 523 | 278 | 446 | 927 | 947 | 951 | 822 |
| Investments | 15,625 | 11,955 | 11,581 | 9,974 | 9,511 | 9,563 | 7,456 |
| Inventories | 3,351 | 3,227 | 2,969 | 3,019 | 3,177 | 2,708 | 2,485 |
| Sundry debtors | 6,922 | 5,664 | 3,842 | 2,674 | 2,722 | 3,191 | 3,616 |
| Cash & bank balances | 128 | 459 | 139 | 101 | 64.56 | 284 | 1,306 |
| Loans & advances | 1,769 | 1,541 | 1,529 | 1,336 | 1,652 | 1,114 | 1,102 |
| Total current assets | 12,170 | 10,891 | 8,479 | 7,131 | 7,615 | 7,296 | 8,509 |
| Total current liabilities | 4,108 | 3,240 | 3,632 | 2,944 | 2,687 | 2,233 | 2,550 |
| Net working capital | 8,062 | 7,651 | 4,847 | 4,187 | 4,928 | 5,064 | 5,959 |
| Total assets | 31,873 | 25,037 | 21,135 | 19,554 | 19,439 | 19,409 | 17,937 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 342 | 124 | 85.66 | 59.10 | 177 | 1,168 | 55.94 |
| Net cash from operating activities | 5,540 | 2,445 | 2,504 | 1,794 | 151 | 1,570 | 2,219 |
| Net cash from investing activities | (5,649) | (1,766) | (1,599) | (1,269) | (372) | (2,508) | (740) |
| Net cash from financing activities | (121) | (460) | (867) | (498) | 102 | (53.17) | (368) |
| Net change in cash | (230) | 218 | 38.04 | 26.56 | (118) | (991) | 1,112 |
| Closing cash | 128 | 459 | 139 | 101 | 64.56 | 284 | 1,306 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.0% | +15.7% | +30.3% | -4.4% | +6.5% | +0.3% | - |
| EBITDA growth | +35.0% | +54.1% | +258.0% | +360.9% | -89.8% | +78.0% | - |
| PBT growth | +59.1% | +73.7% | +428.3% | +9998.0% | - | +54.9% | -55.1% |
| Net income growth | +44.3% | +73.8% | +460.5% | +287.3% | -118.0% | +5.5% | - |
| Revenue CAGR (3Y) | +20.1% | +13.0% | +9.9% | +0.7% | +1.2% | +3.1% | -4.4% |
| EBITDA CAGR (3Y) | +95.3% | +194.0% | +19.1% | -5.7% | -56.3% | -0.7% | -36.5% |
| Profitability & leverage | |||||||
| Net income margin | +32.6% | +23.4% | +15.9% | +3.8% | -1.6% | +11.4% | +6.6% |
| Return on capital employed | +27.5% | +21.3% | +14.0% | +3.2% | -0.6% | +9.0% | +10.0% |
| Return on net worth | +23.4% | +17.7% | +11.9% | +2.3% | -1.2% | +7.0% | +6.7% |
| Debt / equity | 0.03 | 0.01 | 0.02 | 0.05 | 0.04 | 0.01 | 0.00 |
| Long-term debt / equity | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Interest cover | 1.88 | 1.81 | 2.07 | 23.69 | -24.08 | 2.64 | 8.35 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.20 | 2.08 | 1.95 | 1.60 | 1.82 | 1.86 | 2.11 |
| Inventory turnover | 5.93 | 5.48 | 4.90 | 3.63 | 4.00 | 4.26 | 4.60 |
| Debtors turnover | 3.10 | 3.57 | 4.50 | 4.17 | 3.98 | 3.25 | 3.00 |
| EPS (βΉ) | 139.25 | 87.01 | 51.04 | 9.35 | (4.15) | 27.74 | 16.06 |
| Dividend per share (βΉ) | 18.00 | 12.00 | 8.00 | 4.00 | 4.00 | 6.50 | 6.00 |
| Book value per share (βΉ) | 659.09 | 531.72 | 452.12 | 404.66 | 399.34 | 409.20 | 385.72 |
Investments & Acquisitions by Lupin
Lupin has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Biocom, Biocom California and Harmosan Pharma.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Ophthalmic medicine products are manufactured by VISUfarma in Amsterdam. | visufarma.com | Amsterdam, Netherlands | 2016 | Sep 2025 | β’β’β’β’ | |
Critical care pharmaceuticals are manufactured to revive forgotten medicines. | renasciencepharma.com | 0 | Apr 2025 | $15.89M | ||
Pharmaceutical products and generic drugs are manufactured. | southernxp.com | Hawthorn, Australia | 2000 | Jul 2021 | β’β’β’β’ | |
Late-stage biopharma antibiotics for gynecological infections are developed. | symbiomix.com | Newark, United States | 2012 | Oct 2017 | $150M | |
Drug discovery and development are provided for multiple therapeutic areas. | biocom.org | San Diego, United States | 1995 | Jul 2015 | β’β’β’β’ | |
Lubricant data and software solutions are provided for the industry. | biocom.ru | Stavropol, Russia | 1991 | Jul 2015 | β’β’β’β’ | |
Manufacturer of high-quality ophthalmic medications and solutions | laboratoriosgrin.com | Mexico | 1955 | Mar 2014 | β’β’β’β’ | |
Sustained release injectables are developed and manufactured using Monosphere Technology. | nanomi.com | Oldenzaal, Netherlands | 2004 | Feb 2014 | β’β’β’β’ | |
Domain name escrow and registration services are facilitated securely. | multicare.com.ph | Manila, Philippines | 2002 | Mar 2009 | β’β’β’β’ | |
Electricity is generated and natural gas processing services are provided. | hormosan.com | Frankfurt Am Main, Germany | 1968 | Jul 2008 | β’β’β’β’ |
Complete acquisition details for Lupin
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Timeline of Lupin
14 dated milestones of Lupin across 57 years, from founding to its latest funding, stage changes and deals.
- Founded Lupin is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Harmosan Pharma.
- Acquisition Acquires Multicare.
- Funding First funding round of $150K.
- Acquisition Acquires Nanomi.
- Acquisition Acquires Laboratorios Grin.
- Acquisition Acquires Biocom California.
- Acquisition Acquires Biocom.
- Acquisition Acquires Symbiomix Therapeutics.
- Acquisition Acquires Southern Cross Pharma.
- Funding Latest funding round, Post-IPO, of $25.0M.
- Acquisition Acquires Renasciencepharma.
- Acquisition Acquires VISUfarma.
Web traffic of Lupin
The website of Lupin (lupin.com) receives about 216.4K visits a month and ranks #208,025 among all websites worldwide, #133 in Biotechnology and Pharmaceuticals.
- Monthly visits216.4K
▲ 72.1% vs previous month
- Unique visitors38.4K
per month
- Global rank#208,025
among all websites
- Category rank#133
Health · Biotechnology and Pharmaceuticals
- Bounce rate48%
- Pages per visit7.7
- Average visit4 min 20 sec
- DevicesDesktop 32% Β· Mobile 68%
Websites whose visitors overlap most with Lupin. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lupinworld.com | lupinworld.com | 100% | β | ||
| ajantapharma.com | 83% | 20.1K | #1,412,069 | View details | |
| natcopharma.co.in | 77% | 19.8K | #1,133,324 | View details | |
| expresspharma.in | 76% | #475,093 | View details | ||
| alembicpharmaceuticals.com | 71% | 23K | #2,083,600 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Lupin
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Frequently Asked Questions about Lupin
Lupin was founded in 1968 and raised its 1st funding round 45 years after it was founded.
Lupin is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vinita D Gupta is the CEO of Lupin, as recorded in our data.
Lupin has 26,210 employees.
The primary company behind Lupin, Lupin Limited, reported revenue of βΉ29,039 Cr for FY 2026, up 23% year on year.
Lupin was founded in 1968 in Mumbai, India, within the pharmaceutical sector. Generics, biosimilars, and active pharmaceutical ingredients are produced, alongside offerings in key therapeutic areas. Tech-driven solutions, over-the-counter medications, biotech products, and contract development and manufacturing organization services are provided. A global institutional business is operated, with manufacturing solutions extended internationally. Research and development efforts are directed toward advancing industry standing.
Yes, Lupin is publicly traded on NSE under the ticker symbol LUPIN.
Lupin has made 11 acquisitions, including Biocom, Biocom California, and Harmosan Pharma.
Lupin has 3 investors. Key investors include AbbVie, Boehringer Ingelheim, and National Science Foundation.
Lupin operates through Lupin Limited.
The legal entities of Lupin currently have 11 directors, including Vinita Deshbandhu Gupta, Ramesh Swaminathan, Nilesh Deshbandhu Gupta and others.
The website of Lupin receives about 216 thousand visits a month and ranks #208,025 among all websites worldwide.

