About Ipca Laboratories Limited
Data last updated: 26 September 2026
Ipca Laboratories Limited is a public limited company based in Kandivali West, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 19 October 1949, the company has been in operation for over 77 years.
Registered with ROC Mumbai under CIN L24239MH1949PLC007837. Listed on BSE: 524494 and NSE: IPCALAB.
Capital: an authorised share capital of ₹57.6 Cr and a paid-up capital of ₹25.37 Cr. Formerly known as The Indian Pharmaceutical Combine Association Ltd. It is led by directors including Narendra Mairpady and Ajit Kumar Jain.
Last AGM: 11 August 2025. Financial statements filed for year ended 31 March 2025. Office: Kandivali West, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹9,646.33 Cr, a growth of 7.91% compared to the previous year. The net worth stands at ₹8,063.81 Cr (up 16.05% YoY). Total assets are valued at ₹10,431 Cr (up 5.92% YoY).
The company has a workforce of approximately 17,422 employees as per the latest available data. Its group structure includes 3 subsidiaries and 2 joint ventures.
The company is associated with 2 brands - Ipca Laboratories, Ipca Laboratories. As per MCA filings, the company has open charges of ₹2,303.63 Cr and satisfied charges of ₹2,406.67 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipca.com.
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EmailLocked
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Website
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Social Media
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Registered Address48 Kandivli Industrial Estate, Kandivli (West), Kandivali West, Maharashtra, India – 400067
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IndustryPharma, Drug Formulation & Development, API Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Ipca Laboratories Limited
Ipca Laboratories Limited operates two associated brands: Ipca Laboratories and Ipca Laboratories. These brands represent Ipca Laboratories Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| APIs and drug formulations are manufactured for therapeutic segments. | ipca.com | |
| Ipca Laboratories is engaged in pharmaceutical manufacturing and distribution. | ipcalabs.com |
Business Activity of Ipca Laboratories Limited
Ipca Laboratories Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Ipca Laboratories Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ipca Laboratories Limited
Ipca Laboratories Limited is audited by Natvarlal Vepari & Co for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Natvarlal Vepari & Co | Locked | Locked | Locked |
Complete auditor history for Ipca Laboratories Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ipca Laboratories Limited
Ipca Laboratories Limited is currently managed by 8 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Narendra Mairpady
Also directs:
Kesar Enterprises Limited, Saatvik Green Energy Limited, Equippp Social Impact Technologies Limited and 5 more
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Director | 20 Oct 2022 | 3 Years 11 Months | Current |
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Ajit Kumar Jain
Also directs:
Ipca Foundation
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Managing Director | 21 Aug 2009 | 17 Years 1 Months | Current |
| Kamal Kishore Seth | Director | 29 Mar 2019 | 7 Years 5 Months | Current |
|
Pranay Premchand Godha
Also directs:
Xgrow Traders Llp, Kaygee Laboratories Private Limited, Kaygee Investments Private Limited and 2 more
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Managing Director | 30 Jul 2009 | 17 Years 1 Months | Current |
| Premchand Gigalal Godha | Whole-Time Director | 31 Jan 2012 | 14 Years 7 Months | Current |
| Prashant Godha | Director | 28 Jul 2011 | 15 Years 1 Months | Current |
Financials of Ipca Laboratories Limited FY 2025-26 filings available
Ipca Laboratories Limited reported revenue of ₹9,646.33 Cr (up 7.91% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | 9,646 | 8,940 | 7,705 | 6,244 | 5,830 | 5,420 | 4,619 |
| Revenue growth | +4.8% | +13.1% | +23.4% | +17.7% | +16.7% | +4.2% | +21.8% |
| EBITDA | 1,878 | 1,524 | 1,148 | 929 | 1,313 | 1,548 | 902 |
| EBITDA margin | +19.5% | +17.1% | +14.9% | +14.9% | +22.5% | +28.6% | +19.5% |
| Profit before tax | 1,573 | 1,131 | 843 | 745 | 1,136 | 1,389 | 739 |
| Net profit | 1,180 | 854 | 594 | 454 | 885 | 1,134 | 597 |
| Net profit margin | +12.2% | +9.6% | +7.7% | +7.3% | +15.2% | +20.9% | +12.9% |
| EPS (₹) | 44.98 | 29.08 | 21.57 | 18.58 | 34.85 | 89.87 | 47.99 |
| Balance sheet | |||||||
| Total assets | 10,431 | 9,848 | 9,253 | 7,444 | 6,421 | 5,022 | 4,176 |
| Net worth | 8,064 | 6,948 | 6,332 | 5,842 | 5,492 | 4,702 | 3,627 |
| Total debt | 809 | 1,363 | 1,438 | 1,481 | 807 | 265 | 501 |
| Cash & bank | 565 | 344 | 297 | 1,853 | 641 | 365 | 181 |
| Net working capital | 4,046 | 3,586 | 3,440 | 3,873 | 2,662 | 2,131 | 1,676 |
| Cash flow | |||||||
| Cash from operations | 1,142 | 1,321 | 945 | 806 | 856 | 1,090 | 570 |
| Cash from investing | (247) | (870) | (1,215) | (725) | (851) | (521) | (509) |
| Cash from financing | (754) | (283) | (553) | 507 | 427 | (306) | (137) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,788 | 2,388 | 2,392 | 2,556 | 2,309 | 2,247 | 2,245 | 2,355 |
| Revenue growth (YoY) | +20.8% | +6.3% | +6.6% | +8.6% | +10.3% | +10.5% | +9.4% | +15.8% |
| Other income | 25.26 | 93.74 | 37.84 | 27.86 | 32.66 | 25.82 | 20.11 | 26.26 |
| EBITDA | 670 | 438 | 533 | 487 | 416 | 224 | 463 | 441 |
| EBITDA margin | +24.0% | +18.3% | +22.3% | +19.0% | +18.0% | +10.0% | +20.6% | +18.7% |
| Depreciation | 111 | 107 | 108 | 103 | 100 | 100 | 98.46 | 100 |
| Interest | 11.88 | 20.20 | 17.62 | 19.61 | 18.51 | 21.51 | 16.81 | 22.56 |
| Profit before tax | 572 | 404 | 446 | 392 | 331 | 128 | 368 | 345 |
| Tax | 149 | 95.05 | 81.93 | 108 | 96.09 | 62.22 | 90.59 | 99.39 |
| Net profit | 423 | 309 | 364 | 284 | 234 | 65.78 | 277 | 245 |
| EPS (₹) | 15.84 | 11.79 | 12.86 | 11.14 | 9.19 | 2.67 | 9.78 | 9.05 |
| 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 | 7,337 | 6,678 | 6,166 | 5,815 | 5,438 | 5,139 | 4,338 |
| Revenue growth | +2.8% | +6.8% | +3.8% | +16.8% | +15.9% | +5.9% | +17.5% |
| EBITDA | 1,752 | 1,246 | 1,080 | 914 | 1,241 | 1,517 | 918 |
| EBITDA margin | +23.9% | +18.7% | +17.5% | +15.7% | +22.8% | +29.5% | +21.2% |
| Profit before tax | 1,532 | 1,000 | 822 | 750 | 1,074 | 1,380 | 785 |
| Net profit | 1,136 | 820 | 600 | 488 | 853 | 1,132 | 642 |
| Net profit margin | +15.5% | +12.3% | +9.7% | +8.4% | +15.7% | +22.0% | +14.8% |
| EPS (₹) | 44.64 | 25.65 | 20.91 | 19.93 | 33.91 | 89.93 | 51.64 |
| Balance sheet | |||||||
| Total assets | 8,343 | 7,856 | 7,551 | 7,365 | 6,296 | 5,028 | 4,185 |
| Net worth | 7,979 | 6,892 | 6,349 | 5,877 | 5,476 | 4,753 | 3,678 |
| Total debt | 295 | 906 | 1,152 | 1,440 | 776 | 236 | 474 |
| Cash & bank | 363 | 165 | 113 | 1,706 | 596 | 307 | 152 |
| Net working capital | 2,403 | 2,104 | 2,174 | 3,649 | 2,522 | 2,037 | 1,615 |
| Cash flow | |||||||
| Cash from operations | 1,378 | 1,374 | 831 | 762 | 832 | 1,096 | 561 |
| Cash from investing | (697) | (739) | (1,355) | (710) | (812) | (560) | (499) |
| Cash from financing | (745) | (428) | (465) | 506 | 426 | (307) | (139) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,119 | 1,814 | 1,845 | 1,930 | 1,747 | 1,638 | 1,663 | 1,811 |
| Revenue growth (YoY) | +21.3% | +10.7% | +11.0% | +6.6% | +11.6% | +8.5% | +10.3% | +8.9% |
| Other income | 17.42 | 29.88 | 17.82 | 21.92 | 25.02 | 21.49 | 17.41 | 17.00 |
| Total expenses | 1,542 | 1,414 | 1,368 | 1,466 | 1,340 | 1,561 | 1,252 | 1,409 |
| EBITDA | 578 | 401 | 477 | 465 | 407 | 77.05 | 411 | 402 |
| EBITDA margin | +27.3% | +22.1% | +25.9% | +24.1% | +23.3% | +4.7% | +24.7% | +22.2% |
| Depreciation | 74.61 | 70.31 | 68.57 | 66.86 | 63.13 | 65.19 | 62.81 | 62.65 |
| Interest | 5.04 | 10.48 | 9.51 | 11.46 | 12.06 | 16.20 | 10.17 | 17.25 |
| Profit before tax | 515 | 350 | 417 | 408 | 357 | 17.15 | 356 | 339 |
| Tax | 142 | 87.56 | 114 | 104 | 94.71 | 82.20 | 87.96 | 95.09 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,788 | 2,388 | 2,392 | 2,556 | 2,309 | 2,247 | 2,245 | 2,355 |
| Revenue growth (YoY) | +20.8% | +6.3% | +6.6% | +8.6% | +10.3% | +10.5% | +9.4% | +15.8% |
| Other income | 25.26 | 93.74 | 37.84 | 27.86 | 32.66 | 25.82 | 20.11 | 26.26 |
| EBITDA | 670 | 438 | 533 | 487 | 416 | 224 | 463 | 441 |
| EBITDA margin | +24.0% | +18.3% | +22.3% | +19.0% | +18.0% | +10.0% | +20.6% | +18.7% |
| Depreciation | 111 | 107 | 108 | 103 | 100 | 100 | 98.46 | 100 |
| Interest | 11.88 | 20.20 | 17.62 | 19.61 | 18.51 | 21.51 | 16.81 | 22.56 |
| Profit before tax | 572 | 404 | 446 | 392 | 331 | 128 | 368 | 345 |
| Tax | 149 | 95.05 | 81.93 | 108 | 96.09 | 62.22 | 90.59 | 99.39 |
| Net profit | 423 | 309 | 364 | 284 | 234 | 65.78 | 277 | 245 |
| EPS (₹) | 15.84 | 11.79 | 12.86 | 11.14 | 9.19 | 2.67 | 9.78 | 9.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9,646 | 8,940 | 7,705 | 6,244 | 5,830 | 5,420 | 4,619 |
| Revenue growth | +4.8% | +13.1% | +23.4% | +17.7% | +16.7% | +4.2% | +21.8% |
| Other income | 192 | 92.80 | 193 | 126 | 66.57 | 62.84 | 67.00 |
| Total expenses | 7,769 | 7,416 | 6,557 | 5,315 | 4,517 | 3,872 | 3,717 |
| Employee cost | 2,160 | 1,984 | 1,708 | 1,288 | 1,177 | 1,014 | 921 |
| EBITDA | 1,878 | 1,524 | 1,148 | 929 | 1,313 | 1,548 | 902 |
| EBITDA margin | +19.5% | +17.1% | +14.9% | +14.9% | +22.5% | +28.6% | +19.5% |
| Depreciation | 418 | 398 | 357 | 262 | 232 | 209 | 210 |
| Interest | 79.09 | 87.84 | 141 | 48.19 | 11.20 | 12.27 | 19.77 |
| Profit before tax | 1,573 | 1,131 | 843 | 745 | 1,136 | 1,389 | 739 |
| Tax | 381 | 344 | 313 | 253 | 225 | 240 | 135 |
| Net profit | 1,180 | 854 | 594 | 454 | 885 | 1,134 | 597 |
| Net profit margin | +12.2% | +9.6% | +7.7% | +7.3% | +15.2% | +20.9% | +12.9% |
| EPS (₹) | 44.98 | 29.08 | 21.57 | 18.58 | 34.85 | 89.87 | 47.99 |
| 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 | 25.37 | 25.37 | 25.37 | 25.37 | 25.37 | 25.37 | 25.27 |
| Reserves & surplus | 8,038 | 6,923 | 6,307 | 5,817 | 5,467 | 4,676 | 3,590 |
| Shareholders' funds (net worth) | 8,064 | 6,948 | 6,332 | 5,842 | 5,492 | 4,702 | 3,627 |
| Minority interest | 1,460 | 1,440 | 1,395 | 73.30 | 76.92 | 14.53 | 13.63 |
| Secured loans | 704 | 1,156 | 1,210 | 858 | 555 | 141 | 324 |
| Unsecured loans | 105 | 206 | 229 | 623 | 253 | 124 | 176 |
| Total debt | 809 | 1,363 | 1,438 | 1,481 | 807 | 265 | 501 |
| Total liabilities | 10,431 | 9,848 | 9,253 | 7,444 | 6,421 | 5,022 | 4,176 |
| Assets | |||||||
| Gross block | 7,692 | 6,995 | 7,021 | 4,365 | 3,759 | 3,212 | 2,986 |
| Net block | 4,627 | 4,267 | 4,554 | 2,751 | 2,418 | 2,072 | 2,059 |
| Capital work in progress | 773 | 622 | 343 | 140 | 306 | 235 | 133 |
| Investments | 844 | 980 | 862 | 626 | 989 | 505 | 310 |
| Inventories | 2,731 | 2,560 | 2,471 | 1,743 | 1,858 | 1,595 | 1,323 |
| Sundry debtors | 2,014 | 1,884 | 1,687 | 989 | 911 | 812 | 895 |
| Cash & bank balances | 565 | 344 | 297 | 1,853 | 641 | 365 | 181 |
| Loans & advances | 430 | 415 | 522 | 280 | 318 | 272 | 218 |
| Total current assets | 5,740 | 5,204 | 4,977 | 4,866 | 3,727 | 3,043 | 2,617 |
| Total current liabilities | 1,694 | 1,618 | 1,538 | 993 | 1,065 | 913 | 942 |
| Net working capital | 4,046 | 3,586 | 3,440 | 3,873 | 2,662 | 2,131 | 1,676 |
| Total assets | 10,431 | 9,848 | 9,253 | 7,444 | 6,421 | 5,022 | 4,176 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 925 | 756 | 1,579 | 991 | 559 | 295 | 371 |
| Net cash from operating activities | 1,142 | 1,321 | 945 | 806 | 856 | 1,090 | 570 |
| Net cash from investing activities | (247) | (870) | (1,215) | (725) | (851) | (521) | (509) |
| Net cash from financing activities | (754) | (283) | (553) | 507 | 427 | (306) | (137) |
| Net change in cash | 142 | 169 | (823) | 588 | 432 | 264 | (75.53) |
| Closing cash | 565 | 344 | 297 | 1,853 | 641 | 365 | 181 |
| 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 | +7.9% | +16.0% | +23.4% | +7.1% | +7.6% | +17.3% | +23.3% |
| EBITDA growth | +23.2% | +32.8% | +23.5% | -29.2% | -15.2% | +71.5% | +30.1% |
| PBT growth | +39.0% | +34.2% | +13.1% | -34.4% | -18.2% | +88.0% | +35.2% |
| Net income growth | +38.2% | +43.8% | +30.7% | -48.7% | -21.9% | +90.0% | +36.0% |
| Revenue CAGR (3Y) | +15.6% | +15.3% | +12.4% | +10.6% | +15.9% | +18.5% | +13.5% |
| EBITDA CAGR (3Y) | +26.4% | +5.1% | -9.5% | +1.0% | +23.7% | +50.5% | +26.2% |
| Profitability & leverage | |||||||
| Net income margin | +12.4% | +8.8% | +6.9% | +7.9% | +15.6% | +21.2% | +13.1% |
| Return on capital employed | +19.0% | +17.1% | +12.9% | +11.6% | +20.2% | +30.6% | +19.5% |
| Return on net worth | +15.9% | +13.6% | +8.7% | +8.7% | +17.9% | +27.6% | +17.9% |
| Debt / equity | 0.14 | 0.21 | 0.24 | 0.20 | 0.11 | 0.09 | 0.14 |
| Long-term debt / equity | 0.05 | 0.09 | 0.11 | 0.10 | 0.04 | 0.02 | 0.04 |
| Interest cover | 5.42 | 7.80 | 17.80 | 7.22 | 1.04 | 0.92 | 2.86 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.31 | 1.28 | 1.35 | 1.54 | 1.67 | 1.75 | 1.65 |
| Inventory turnover | 3.65 | 3.55 | 3.66 | 3.47 | 3.38 | 3.71 | 3.88 |
| Debtors turnover | 4.95 | 5.01 | 5.76 | 6.57 | 6.77 | 6.35 | 5.90 |
| EPS (₹) | 44.98 | 29.08 | 21.57 | 18.58 | 34.85 | 89.87 | 47.99 |
| Dividend per share (₹) | 0.00 | 4.00 | 4.00 | 4.00 | 8.00 | 8.00 | 5.00 |
| Book value per share (₹) | 317.85 | 273.88 | 249.59 | 230.27 | 216.47 | 370.65 | 286.15 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,119 | 1,814 | 1,845 | 1,930 | 1,747 | 1,638 | 1,663 | 1,811 |
| Revenue growth (YoY) | +21.3% | +10.7% | +11.0% | +6.6% | +11.6% | +8.5% | +10.3% | +8.9% |
| Other income | 17.42 | 29.88 | 17.82 | 21.92 | 25.02 | 21.49 | 17.41 | 17.00 |
| Total expenses | 1,542 | 1,414 | 1,368 | 1,466 | 1,340 | 1,561 | 1,252 | 1,409 |
| EBITDA | 578 | 401 | 477 | 465 | 407 | 77.05 | 411 | 402 |
| EBITDA margin | +27.3% | +22.1% | +25.9% | +24.1% | +23.3% | +4.7% | +24.7% | +22.2% |
| Depreciation | 74.61 | 70.31 | 68.57 | 66.86 | 63.13 | 65.19 | 62.81 | 62.65 |
| Interest | 5.04 | 10.48 | 9.51 | 11.46 | 12.06 | 16.20 | 10.17 | 17.25 |
| Profit before tax | 515 | 350 | 417 | 408 | 357 | 17.15 | 356 | 339 |
| Tax | 142 | 87.56 | 114 | 104 | 94.71 | 82.20 | 87.96 | 95.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,337 | 6,678 | 6,166 | 5,815 | 5,438 | 5,139 | 4,338 |
| Revenue growth | +2.8% | +6.8% | +3.8% | +16.8% | +15.9% | +5.9% | +17.5% |
| Other income | 94.64 | 71.29 | 111 | 111 | 52.92 | 62.24 | 64.69 |
| Total expenses | 5,585 | 5,432 | 5,087 | 4,900 | 4,197 | 3,623 | 3,420 |
| Employee cost | 1,656 | 1,479 | 1,336 | 1,193 | 1,102 | 949 | 871 |
| EBITDA | 1,752 | 1,246 | 1,080 | 914 | 1,241 | 1,517 | 918 |
| EBITDA margin | +23.9% | +18.7% | +17.5% | +15.7% | +22.8% | +29.5% | +21.2% |
| Depreciation | 269 | 252 | 246 | 229 | 210 | 188 | 179 |
| Interest | 45.46 | 65.06 | 123 | 46.34 | 10.41 | 11.13 | 18.84 |
| Profit before tax | 1,532 | 1,000 | 822 | 750 | 1,074 | 1,380 | 785 |
| Tax | 400 | 349 | 292 | 245 | 214 | 239 | 133 |
| Net profit | 1,136 | 820 | 600 | 488 | 853 | 1,132 | 642 |
| Net profit margin | +15.5% | +12.3% | +9.7% | +8.4% | +15.7% | +22.0% | +14.8% |
| EPS (₹) | 44.64 | 25.65 | 20.91 | 19.93 | 33.91 | 89.93 | 51.64 |
| 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 | 25.37 | 25.37 | 25.37 | 25.37 | 25.37 | 25.37 | 25.27 |
| Reserves & surplus | 7,954 | 6,866 | 6,323 | 5,852 | 5,450 | 4,727 | 3,640 |
| Shareholders' funds (net worth) | 7,979 | 6,892 | 6,349 | 5,877 | 5,476 | 4,753 | 3,678 |
| Secured loans | 235 | 726 | 991 | 858 | 555 | 114 | 298 |
| Unsecured loans | 60.06 | 180 | 161 | 582 | 222 | 123 | 176 |
| Total debt | 295 | 906 | 1,152 | 1,440 | 776 | 236 | 474 |
| Total liabilities | 8,343 | 7,856 | 7,551 | 7,365 | 6,296 | 5,028 | 4,185 |
| Assets | |||||||
| Gross block | 5,037 | 4,388 | 4,166 | 3,889 | 3,365 | 2,899 | 2,689 |
| Net block | 2,969 | 2,537 | 2,524 | 2,479 | 2,153 | 1,869 | 1,841 |
| Capital work in progress | 459 | 490 | 175 | 123 | 297 | 182 | 84.19 |
| Investments | 2,536 | 2,693 | 2,654 | 1,057 | 1,339 | 868 | 649 |
| Inventories | 1,708 | 1,542 | 1,677 | 1,660 | 1,780 | 1,517 | 1,267 |
| Sundry debtors | 1,272 | 1,166 | 1,027 | 926 | 824 | 774 | 839 |
| Cash & bank balances | 363 | 165 | 113 | 1,706 | 596 | 307 | 152 |
| Loans & advances | 304 | 255 | 282 | 260 | 306 | 285 | 215 |
| Total current assets | 3,647 | 3,128 | 3,099 | 4,552 | 3,505 | 2,884 | 2,474 |
| Total current liabilities | 1,244 | 1,024 | 925 | 903 | 983 | 847 | 859 |
| Net working capital | 2,403 | 2,104 | 2,174 | 3,649 | 2,522 | 2,037 | 1,615 |
| Total assets | 8,343 | 7,856 | 7,551 | 7,365 | 6,296 | 5,028 | 4,185 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 722 | 515 | 1,505 | 946 | 500 | 272 | 348 |
| Net cash from operating activities | 1,378 | 1,374 | 831 | 762 | 832 | 1,096 | 561 |
| Net cash from investing activities | (697) | (739) | (1,355) | (710) | (812) | (560) | (499) |
| Net cash from financing activities | (745) | (428) | (465) | 506 | 426 | (307) | (139) |
| Net change in cash | (64.08) | 207 | (990) | 559 | 446 | 229 | (76.37) |
| Closing cash | 363 | 165 | 113 | 1,706 | 596 | 307 | 152 |
| 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 | +9.9% | +8.3% | +6.1% | +6.9% | +5.8% | +18.5% | +20.3% |
| EBITDA growth | +40.7% | +15.3% | +18.1% | -26.3% | -18.2% | +65.2% | +31.9% |
| PBT growth | +53.3% | +21.6% | +9.6% | -30.1% | -22.2% | +75.8% | +40.8% |
| Net income growth | +38.5% | +36.7% | +22.9% | -42.7% | -24.7% | +76.5% | +43.0% |
| Revenue CAGR (3Y) | +8.1% | +7.1% | +6.3% | +10.3% | +14.7% | +17.2% | +11.8% |
| EBITDA CAGR (3Y) | +24.2% | +0.1% | -10.7% | -0.1% | +21.3% | +50.5% | +28.3% |
| Profitability & leverage | |||||||
| Net income margin | +15.4% | +9.7% | +8.6% | +8.7% | +15.8% | +22.2% | +15.0% |
| Return on capital employed | +19.5% | +17.2% | +14.1% | +11.7% | +19.2% | +30.2% | +20.6% |
| Return on net worth | +15.2% | +12.4% | +9.8% | +8.9% | +16.8% | +27.1% | +19.2% |
| Debt / equity | 0.08 | 0.16 | 0.21 | 0.20 | 0.10 | 0.08 | 0.13 |
| Long-term debt / equity | 0.04 | 0.08 | 0.10 | 0.09 | 0.04 | 0.01 | 0.03 |
| Interest cover | 3.07 | 6.55 | 14.71 | 6.76 | 1.01 | 0.84 | 2.55 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.56 | 1.56 | 1.53 | 1.60 | 1.74 | 1.84 | 1.71 |
| Inventory turnover | 4.52 | 4.15 | 3.70 | 3.38 | 3.30 | 3.69 | 3.76 |
| Debtors turnover | 6.02 | 6.09 | 6.31 | 6.64 | 6.80 | 6.37 | 5.94 |
| EPS (₹) | 44.64 | 25.65 | 20.91 | 19.93 | 33.91 | 89.93 | 51.64 |
| Dividend per share (₹) | 6.00 | 4.00 | 4.00 | 4.00 | 4.00 | 8.00 | 5.00 |
| Book value per share (₹) | 314.52 | 271.64 | 250.24 | 231.66 | 215.84 | 374.67 | 290.11 |
Shareholding Pattern of Ipca Laboratories Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 44.70%, foreign institutional investors hold 10.70%, domestic institutional investors hold 37.40%, retail and other public shareholders hold 7.20% of Ipca Laboratories Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 44.70% | 44.70% | 44.70% | 44.70% |
| Public | 55.30% | 55.30% | 55.30% | 55.30% |
Group Structure of Ipca Laboratories Limited
Ipca Laboratories Limited has 3 subsidiary companies, 2 joint ventures, and 3 associated companies. This group structure data is as of FY 2024. The corporate group structure reflects Ipca Laboratories Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Unichem Laboratories Limited | L99999MH1962PLC012451 | - |
| Trophic Wellness Private Limited | U24100MH2010PTC206526 | - |
| Ipca Foundation | U85300MH2021NPL360586 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Ipca Laboratories Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2023 | Hdfc Bank Limited | ₹300 Cr | Open |
| 07 Oct 2022 | Hdfc Bank Limited | ₹391.22 Cr | Open |
| 25 Mar 2022 | Others | ₹1.9 Cr | Open |
| 11 Mar 2022 | Others | ₹10 Lakh | Open |
| 03 May 2013 | Idbi Trusteeship Services Limited | ₹790 Cr | Open |
Total charge records: 108 View all charges
Employees and EPFO Compliance at Ipca Laboratories Limited
Ipca Laboratories Limited has a workforce of 17,422 employees as of Feb 28, 2025.
Employee and EPFO history for Ipca Laboratories Limited
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GST Compliance of Ipca Laboratories Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ipca Laboratories Limited
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MSME Payment Delays by Ipca Laboratories Limited
MSME payment history for Ipca Laboratories Limited
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Subsidiaries & Group Companies of Ipca Laboratories Limited
Corporate group structure for Ipca Laboratories Limited
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MCA Filings & Documents of Ipca Laboratories Limited
MCA filings and documents for Ipca Laboratories Limited
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Recent Activity on Ipca Laboratories Limited
Recent News on Ipca Laboratories Limited
Frequently Asked Questions about Ipca Laboratories Limited
Ipca Laboratories Limited is an active public limited company in the pharma sector based in Kandivali West, Maharashtra, India. It was incorporated on 19 October 1949 (77+ years old) and is registered under CIN L24239MH1949PLC007837. Listed on BSE: 524494 and NSE: IPCALAB. The company has 17,422 employees.
Ipca Laboratories Limited reported revenue of ₹9,646.33 Cr for FY 2025-26 (up 7.91% YoY) based on consolidated financials.
The current directors of Ipca Laboratories Limited are:
- Narendra Mairpady - Director
- Ajit Kumar Jain - Managing Director
- Kamal Kishore Seth - Director
- Pranay Premchand Godha - Managing Director
- Premchand Gigalal Godha - Whole-Time Director
- Prashant Godha - Director
- Vivek Keshav Shiralkar - Director
- Swati Arvind Patankar - Director
The primary industry of Ipca Laboratories Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Yes. Ipca Laboratories Limited is listed on both BSE (code: 524494) and NSE (symbol: IPCALAB).
Ipca Laboratories Limited can be reached at the registered office: 48 Kandivli Industrial Estate, Kandivli West, Kandivali West, Maharashtra, India – 400067, or through the website ipca.com.