- Total income
- ₹54,579 Cr
- Profit
- ₹10,929 Cr

About Sun Pharmaceutical Industries Limited
Data last updated:
Sun Pharmaceutical Industries Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 March 1993 and has been in existence for over 33 years.
Sun Pharmaceutical Industries is ranked #53 on the Fortune India 500 (2025) and #10 among India's most valuable companies (2025). It is part of the Nifty 50, Sensex, Nifty 500 and BSE 500 indices. Its director Dilip Shanghvi is #7 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24230GJ1993PLC019050. Its GSTIN is 24AADCS3124K1ZJ (Gujarat). The company holds 41 GST registrations, of which 33 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 524715 and NSE: SUNPHARMA.
The company has an authorised share capital of ₹617.97 Cr and a paid-up capital of ₹239.93 Cr. It is led by directors including Kirti Wardhaman Ganorkar (Managing Director) and Dilip Shantilal Shanghvi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sparc Tandalja, Vadodara, Gujarat, India – 390012.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹58,462 Cr, a growth of 11.2% compared to the previous year. For the same year it recorded a net profit of ₹12,429 Cr (net margin 21.3%) and EBITDA of ₹15,184 Cr (EBITDA margin 26%). The net worth stands at ₹83,570 Cr (up 15.7% YoY). Total assets are valued at ₹90,020 Cr (up 18.9% YoY).
The company has about 16,436 employees on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 2 brands: Flore and Sun Pharma. As per MCA filings, the company has open charges of ₹16.06 Cr and satisfied charges of ₹1,785.22 Cr on record. Court records list 956 cases involving the company, including 668 filed by the company and 289 filed against it; 349 cases are pending. The company has 75 deals on record (61 market trades, 6 acquisitions, 4 funding rounds), with disclosed funding of ₹1,610.24 Cr; the latest was in June 2026. Its 5 peer companies in the Pharma industry (API Manufacturers, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 smaller; the largest is Dr.Reddy's Laboratories Ltd with revenue of ₹33,741 Cr. The company has 313 MSME Form 1 returns on record between 2007 and 2024, listing 25,487 overdue payments to 1,670 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunpharma.com.
Company details
Recognitions & Rankings of Sun Pharmaceutical Industries
- Valuation
- ₹4,33,880 Cr
- 1-year change
- 0%
- #7 Dilip Shanghvi ₹2,64,600 Cr
Contact details
Sun Pharmaceutical Industries Limited's registered office is in Vadodara, Gujarat. Its website is sunpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSparc Tandalja, Vadodara, Gujarat, India – 390012
- IndustryPharma, Drug Formulation & Development, API Manufacturers
To see the full contact details of Sun Pharmaceutical Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Sun Pharmaceutical Industries operates two associated brands: Flore and Sun Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized probiotics for gut health are provided via stool analysis. | flore.com | |
| Specialty generic pharmaceuticals and APIs are manufactured and marketed. | sunpharma.com |
Business activity
The main business activity of Sun Pharmaceutical Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Sun Pharmaceutical Industries Limited, buy the company report.
Financials of Sun Pharmaceutical Industries Limited
FY 2025-26 filings availableSun Pharmaceutical Industries Limited reported revenue of ₹58,462 Cr (up 11.2% 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 | 58,462 | 52,578 | 48,497 | 43,886 | 38,654 | 33,498 | 32,838 |
| Revenue growth | +11.2% | +8.4% | +10.5% | +13.5% | +15.4% | +2.0% | - |
| EBITDA | 15,184 | 14,408 | 12,493 | 11,475 | 5,677 | 4,162 | 6,714 |
| EBITDA margin | +26.0% | +27.4% | +25.8% | +26.2% | +14.7% | +12.4% | +20.4% |
| Profit before tax | 15,119 | 13,752 | 11,088 | 9,408 | 4,481 | 2,799 | 5,010 |
| Net profit | 12,429 | 11,456 | 9,990 | 8,605 | 6,717 | 5,728 | 3,961 |
| Net profit margin | +21.3% | +21.8% | +20.6% | +19.6% | +17.4% | +17.1% | +12.1% |
| EPS (₹) | 47.84 | 45.55 | 39.91 | 35.32 | 13.64 | 12.10 | 15.69 |
| Balance sheet | |||||||
| Total assets | 90,020 | 75,718 | 71,314 | 67,131 | 53,376 | 54,447 | 58,774 |
| Net worth | 83,570 | 72,218 | 63,667 | 55,995 | 48,011 | 46,463 | 45,264 |
| Total debt | 4,627 | 2,362 | 3,274 | 6,886 | 1,290 | 3,869 | 8,315 |
| Cash & bank | 11,603 | 11,332 | 10,521 | 5,770 | 5,033 | 6,446 | 6,488 |
| Net working capital | 24,539 | 22,748 | 20,835 | 16,909 | 10,831 | 14,137 | 17,336 |
| Cash flow | |||||||
| Cash from operations | 12,419 | 14,072 | 12,135 | 4,959 | 8,985 | 6,170 | 6,555 |
| Cash from investing | (10,405) | (5,183) | (763) | (7,220) | (5,556) | 407 | (2,225) |
| Cash from financing | (2,513) | (7,906) | (6,710) | 2,376 | (5,193) | (5,980) | (5,715) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,300 | 14,612 | 15,521 | 14,478 | 13,851 | 12,959 | 13,675 | 13,291 |
| Revenue growth (YoY) | +10.5% | +12.8% | +13.5% | +8.9% | +9.5% | - | - | - |
| Other income | 724 | 458 | 579 | 470 | 464 | 613 | 466 | 354 |
| EBITDA | 4,214 | 3,954 | 4,459 | 4,527 | 3,484 | 3,354 | 3,693 | 3,939 |
| EBITDA margin | +27.8% | +27.2% | +28.8% | +31.4% | +25.3% | +26.2% | +27.5% | +29.7% |
| Depreciation | 739 | 775 | 732 | 730 | 701 | 664 | 631 | 626 |
| Interest | 99.67 | 85.89 | 78.36 | 99.86 | 74.80 | 49.14 | 51.51 | 69.17 |
| Profit before tax | 4,099 | 3,551 | 4,227 | 4,168 | 3,173 | 3,254 | 3,476 | 3,598 |
| Tax | 1,188 | 828 | 826 | 1,031 | 870 | 1,094 | 559 | 567 |
| Net profit | 2,911 | 2,724 | 3,401 | 3,137 | 2,303 | 2,161 | 2,918 | 3,031 |
| EPS (₹) | 12.10 | 11.30 | 14.00 | 13.00 | 9.50 | 9.00 | 12.10 | 12.70 |
| 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 | 20,755 | 22,977 | 20,275 | 20,812 | 15,586 | 14,116 | 12,532 |
| Revenue growth | -9.7% | +13.3% | -2.6% | +33.5% | +10.4% | +12.6% | - |
| EBITDA | 4,277 | 6,583 | 5,281 | 3,485 | 848 | 2,167 | 2,712 |
| EBITDA margin | +20.6% | +28.7% | +26.1% | +16.7% | +5.4% | +15.4% | +21.6% |
| Profit before tax | 3,794 | 4,976 | 3,450 | 1,741 | 307 | 856 | 3,253 |
| Net profit | 2,945 | 4,218 | 3,052 | 3,356 | (1,338) | 906 | 3,018 |
| Net profit margin | +14.2% | +18.4% | +15.1% | +16.1% | -8.6% | +6.4% | +24.1% |
| EPS (₹) | 10.93 | 17.62 | 11.91 | 7.05 | (0.42) | 3.51 | 13.38 |
| Balance sheet | |||||||
| Total assets | 36,576 | 36,647 | 36,644 | 32,645 | 30,678 | 35,639 | 32,356 |
| Net worth | 22,371 | 23,900 | 23,694 | 23,748 | 24,588 | 26,938 | 24,396 |
| Total debt | 13,605 | 11,947 | 11,227 | 7,791 | 5,074 | 7,358 | 6,406 |
| Cash & bank | 437 | 911 | 338 | 421 | 535 | 361 | 655 |
| Net working capital | 10,195 | 11,549 | 10,492 | 7,901 | (576) | 4,603 | 5,492 |
| Cash flow | |||||||
| Cash from operations | 6,501 | 4,252 | (292) | 507 | 7,636 | (417) | 1,306 |
| Cash from investing | (1,345) | (251) | (265) | (686) | (2,697) | 1,452 | 1,483 |
| Cash from financing | (5,230) | (3,836) | 474 | 169 | (4,871) | (1,000) | (2,871) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,741 | 4,924 | 5,688 | 4,548 | 5,595 | 7,179 | 6,181 | 5,122 |
| Revenue growth (YoY) | +2.6% | -31.4% | -8.0% | -11.2% | +24.4% | - | - | - |
| Other income | 140 | 62.93 | 180 | 72.79 | 104 | 132 | 69.05 | 95.21 |
| Total expenses | 3,808 | 3,595 | 4,188 | 3,365 | 3,973 | 4,120 | 4,476 | 3,791 |
| EBITDA | 1,933 | 1,329 | 1,500 | 1,184 | 1,622 | 3,059 | 1,705 | 1,332 |
| EBITDA margin | +34.3% | +27.2% | +26.5% | +26.2% | +29.2% | +43.1% | +28.5% | +26.0% |
| Depreciation | 308 | 326 | 339 | 336 | 311 | 305 | 303 | 297 |
| Interest | 278 | 217 | 244 | 248 | 238 | 232 | 231 | 259 |
| Profit before tax | 1,486 | 849 | 1,097 | 672 | 1,176 | 2,654 | 1,240 | 871 |
| Tax | 371 | 240 | 392 | 108 | 431 | 612 | 83.81 | 32.44 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,300 | 14,612 | 15,521 | 14,478 | 13,851 | 12,959 | 13,675 | 13,291 |
| Revenue growth (YoY) | +10.5% | +12.8% | +13.5% | +8.9% | +9.5% | - | - | - |
| Other income | 724 | 458 | 579 | 470 | 464 | 613 | 466 | 354 |
| EBITDA | 4,214 | 3,954 | 4,459 | 4,527 | 3,484 | 3,354 | 3,693 | 3,939 |
| EBITDA margin | +27.8% | +27.2% | +28.8% | +31.4% | +25.3% | +26.2% | +27.5% | +29.7% |
| Depreciation | 739 | 775 | 732 | 730 | 701 | 664 | 631 | 626 |
| Interest | 99.67 | 85.89 | 78.36 | 99.86 | 74.80 | 49.14 | 51.51 | 69.17 |
| Profit before tax | 4,099 | 3,551 | 4,227 | 4,168 | 3,173 | 3,254 | 3,476 | 3,598 |
| Tax | 1,188 | 828 | 826 | 1,031 | 870 | 1,094 | 559 | 567 |
| Net profit | 2,911 | 2,724 | 3,401 | 3,137 | 2,303 | 2,161 | 2,918 | 3,031 |
| EPS (₹) | 12.10 | 11.30 | 14.00 | 13.00 | 9.50 | 9.00 | 12.10 | 12.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 58,462 | 52,578 | 48,497 | 43,886 | 38,654 | 33,498 | 32,838 |
| Revenue growth | +11.2% | +8.4% | +10.5% | +13.5% | +15.4% | +2.0% | - |
| Other income | 3,212 | 2,151 | 1,390 | 635 | 1,075 | 859 | 652 |
| Total expenses | 43,278 | 38,170 | 36,004 | 32,410 | 32,978 | 29,337 | 26,124 |
| Employee cost | 11,419 | 9,973 | 9,429 | 8,296 | 7,301 | 6,862 | 6,362 |
| EBITDA | 15,184 | 14,408 | 12,493 | 11,475 | 5,677 | 4,162 | 6,714 |
| EBITDA margin | +26.0% | +27.4% | +25.8% | +26.2% | +14.7% | +12.4% | +20.4% |
| Depreciation | 2,938 | 2,575 | 2,557 | 2,529 | 2,144 | 2,080 | 2,053 |
| Interest | 339 | 231 | 238 | 172 | 127 | 141 | 303 |
| Profit before tax | 15,119 | 13,752 | 11,088 | 9,408 | 4,481 | 2,799 | 5,010 |
| Tax | 3,554 | 2,772 | 1,439 | 848 | 1,076 | 515 | 823 |
| Net profit | 12,429 | 11,456 | 9,990 | 8,605 | 6,717 | 5,728 | 3,961 |
| Net profit margin | +21.3% | +21.8% | +20.6% | +19.6% | +17.4% | +17.1% | +12.1% |
| EPS (₹) | 47.84 | 45.55 | 39.91 | 35.32 | 13.64 | 12.10 | 15.69 |
| 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 | 240 | 240 | 240 | 240 | 240 | 240 | 240 |
| Reserves & surplus | 83,330 | 71,978 | 63,427 | 55,755 | 47,771 | 46,223 | 45,025 |
| Shareholders' funds (net worth) | 83,570 | 72,218 | 63,667 | 55,995 | 48,011 | 46,463 | 45,264 |
| Minority interest | 310 | 268 | 3,459 | 3,320 | 3,055 | 3,017 | 3,860 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.83 | 257 |
| Unsecured loans | 4,627 | 2,362 | 3,274 | 6,886 | 1,290 | 3,861 | 8,057 |
| Total debt | 4,627 | 2,362 | 3,274 | 6,886 | 1,290 | 3,869 | 8,315 |
| Total liabilities | 90,020 | 75,718 | 71,314 | 67,131 | 53,376 | 54,447 | 58,774 |
| Assets | |||||||
| Gross block | 60,321 | 45,950 | 44,320 | 43,100 | 38,707 | 35,579 | 35,116 |
| Net block | 32,822 | 22,586 | 23,248 | 24,065 | 22,665 | 21,553 | 22,847 |
| Capital work in progress | 3,052 | 6,644 | 5,354 | 4,973 | 1,287 | 1,567 | 1,220 |
| Investments | 24,723 | 18,354 | 15,026 | 14,824 | 12,849 | 9,612 | 10,143 |
| Inventories | 11,493 | 10,243 | 9,868 | 10,513 | 8,925 | 8,997 | 7,875 |
| Sundry debtors | 15,510 | 13,046 | 11,249 | 11,439 | 10,485 | 9,061 | 9,421 |
| Cash & bank balances | 11,603 | 11,332 | 10,521 | 5,770 | 5,033 | 6,446 | 6,488 |
| Loans & advances | 4,321 | 4,317 | 3,210 | 2,767 | 2,788 | 2,808 | 2,973 |
| Total current assets | 42,927 | 38,938 | 34,849 | 30,489 | 27,231 | 27,312 | 26,757 |
| Total current liabilities | 18,388 | 16,190 | 14,014 | 13,580 | 16,400 | 13,175 | 9,420 |
| Net working capital | 24,539 | 22,748 | 20,835 | 16,909 | 10,831 | 14,137 | 17,336 |
| Total assets | 90,020 | 75,718 | 71,314 | 67,131 | 53,376 | 54,447 | 58,774 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10,269 | 9,286 | 4,624 | 4,508 | 6,273 | 5,677 | 7,062 |
| Net cash from operating activities | 12,419 | 14,072 | 12,135 | 4,959 | 8,985 | 6,170 | 6,555 |
| Net cash from investing activities | (10,405) | (5,183) | (763) | (7,220) | (5,556) | 407 | (2,225) |
| Net cash from financing activities | (2,513) | (7,906) | (6,710) | 2,376 | (5,193) | (5,980) | (5,715) |
| Net change in cash | (498) | 983 | 4,662 | 115 | (1,765) | 596 | (1,386) |
| Closing cash | 11,603 | 11,332 | 10,521 | 5,770 | 5,033 | 6,446 | 6,488 |
| 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 | +11.2% | +8.4% | +10.5% | +13.5% | +15.4% | +2.0% | - |
| EBITDA growth | +5.4% | +15.3% | +8.9% | +102.1% | +36.4% | -38.0% | - |
| PBT growth | +9.9% | +24.0% | +17.9% | +110.0% | +60.1% | -44.1% | +31.5% |
| Net income growth | +8.5% | +14.7% | +16.1% | +28.1% | +17.3% | +44.6% | - |
| Revenue CAGR (3Y) | +10.0% | +10.8% | +13.1% | +10.2% | +10.0% | +8.1% | +1.3% |
| EBITDA CAGR (3Y) | +9.8% | +36.4% | +44.3% | +19.6% | +3.7% | -3.7% | -12.7% |
| Profitability & leverage | |||||||
| Net income margin | +19.8% | +20.9% | +19.9% | +19.5% | +8.8% | +6.8% | +12.8% |
| Return on capital employed | +18.7% | +19.5% | +17.2% | +16.8% | +18.0% | +13.6% | +9.9% |
| Return on net worth | +14.9% | +16.2% | +16.1% | +16.5% | +14.5% | +11.1% | +9.7% |
| Debt / equity | 0.04 | 0.04 | 0.08 | 0.08 | 0.05 | 0.13 | 0.22 |
| Long-term debt / equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.03 | 0.04 |
| Interest cover | 2.77 | 1.96 | 2.40 | 1.92 | 3.60 | 6.79 | 6.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.10 | 1.16 | 1.11 | 1.07 | 1.04 | 0.95 | 0.98 |
| Inventory turnover | 5.38 | 5.23 | 4.76 | 4.52 | 4.31 | 3.97 | 4.17 |
| Debtors turnover | 4.09 | 4.33 | 4.28 | 4.00 | 3.96 | 3.62 | 3.59 |
| EPS (₹) | 47.84 | 45.55 | 39.91 | 35.32 | 13.64 | 12.10 | 15.69 |
| Dividend per share (₹) | 16.00 | 16.00 | 13.50 | 11.50 | 10.00 | 7.50 | 4.00 |
| Book value per share (₹) | 348.31 | 301.00 | 265.36 | 233.38 | 200.11 | 193.65 | 188.66 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,741 | 4,924 | 5,688 | 4,548 | 5,595 | 7,179 | 6,181 | 5,122 |
| Revenue growth (YoY) | +2.6% | -31.4% | -8.0% | -11.2% | +24.4% | - | - | - |
| Other income | 140 | 62.93 | 180 | 72.79 | 104 | 132 | 69.05 | 95.21 |
| Total expenses | 3,808 | 3,595 | 4,188 | 3,365 | 3,973 | 4,120 | 4,476 | 3,791 |
| EBITDA | 1,933 | 1,329 | 1,500 | 1,184 | 1,622 | 3,059 | 1,705 | 1,332 |
| EBITDA margin | +34.3% | +27.2% | +26.5% | +26.2% | +29.2% | +43.1% | +28.5% | +26.0% |
| Depreciation | 308 | 326 | 339 | 336 | 311 | 305 | 303 | 297 |
| Interest | 278 | 217 | 244 | 248 | 238 | 232 | 231 | 259 |
| Profit before tax | 1,486 | 849 | 1,097 | 672 | 1,176 | 2,654 | 1,240 | 871 |
| Tax | 371 | 240 | 392 | 108 | 431 | 612 | 83.81 | 32.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 20,755 | 22,977 | 20,275 | 20,812 | 15,586 | 14,116 | 12,532 |
| Revenue growth | -9.7% | +13.3% | -2.6% | +33.5% | +10.4% | +12.6% | - |
| Other income | 1,776 | 634 | 553 | 329 | 1,197 | 192 | 1,511 |
| Total expenses | 16,477 | 16,395 | 14,994 | 17,327 | 14,738 | 11,949 | 9,820 |
| Employee cost | 2,911 | 2,691 | 2,374 | 2,157 | 2,001 | 1,806 | 1,703 |
| EBITDA | 4,277 | 6,583 | 5,281 | 3,485 | 848 | 2,167 | 2,712 |
| EBITDA margin | +20.6% | +28.7% | +26.1% | +16.7% | +5.4% | +15.4% | +21.6% |
| Depreciation | 1,312 | 1,287 | 1,601 | 1,601 | 1,350 | 1,236 | 562 |
| Interest | 948 | 954 | 784 | 472 | 388 | 268 | 408 |
| Profit before tax | 3,794 | 4,976 | 3,450 | 1,741 | 307 | 856 | 3,253 |
| Tax | 1,171 | 748 | 591 | 50.33 | 407 | 13.17 | 41.86 |
| Net profit | 2,945 | 4,218 | 3,052 | 3,356 | (1,338) | 906 | 3,018 |
| Net profit margin | +14.2% | +18.4% | +15.1% | +16.1% | -8.6% | +6.4% | +24.1% |
| EPS (₹) | 10.93 | 17.62 | 11.91 | 7.05 | (0.42) | 3.51 | 13.38 |
| 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 | 240 | 240 | 240 | 240 | 240 | 240 | 240 |
| Reserves & surplus | 22,131 | 23,660 | 23,454 | 23,508 | 24,348 | 26,699 | 24,156 |
| Shareholders' funds (net worth) | 22,371 | 23,900 | 23,694 | 23,748 | 24,588 | 26,938 | 24,396 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.41 | 6.18 |
| Unsecured loans | 13,605 | 11,947 | 11,227 | 7,791 | 5,074 | 7,353 | 6,400 |
| Total debt | 13,605 | 11,947 | 11,227 | 7,791 | 5,074 | 7,358 | 6,406 |
| Total liabilities | 36,576 | 36,647 | 36,644 | 32,645 | 30,678 | 35,639 | 32,356 |
| Assets | |||||||
| Gross block | 20,681 | 19,200 | 18,252 | 17,745 | 17,195 | 15,812 | 8,245 |
| Net block | 7,613 | 7,372 | 7,737 | 8,712 | 9,713 | 9,669 | 5,229 |
| Capital work in progress | 899 | 1,084 | 766 | 853 | 829 | 1,090 | 597 |
| Investments | 12,952 | 12,410 | 12,430 | 12,613 | 15,549 | 15,537 | 17,362 |
| Inventories | 4,302 | 3,934 | 3,424 | 3,989 | 3,404 | 3,423 | 2,634 |
| Sundry debtors | 10,166 | 11,702 | 8,834 | 7,125 | 4,245 | 6,585 | 6,168 |
| Cash & bank balances | 437 | 911 | 338 | 421 | 535 | 361 | 655 |
| Loans & advances | 1,773 | 2,234 | 2,316 | 4,708 | 1,327 | 2,329 | 2,089 |
| Total current assets | 16,679 | 18,781 | 14,913 | 16,243 | 9,511 | 12,699 | 11,546 |
| Total current liabilities | 6,484 | 7,231 | 4,421 | 8,343 | 10,087 | 8,096 | 6,055 |
| Net working capital | 10,195 | 11,549 | 10,492 | 7,901 | (576) | 4,603 | 5,492 |
| Total assets | 36,576 | 36,647 | 36,644 | 32,645 | 30,678 | 35,639 | 32,356 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 493 | 327 | 410 | 420 | 351 | 315 | 303 |
| Net cash from operating activities | 6,501 | 4,252 | (292) | 507 | 7,636 | (417) | 1,306 |
| Net cash from investing activities | (1,345) | (251) | (265) | (686) | (2,697) | 1,452 | 1,483 |
| Net cash from financing activities | (5,230) | (3,836) | 474 | 169 | (4,871) | (1,000) | (2,871) |
| Net change in cash | (74.73) | 165 | (83.82) | (9.25) | 68.47 | 36.23 | (82.26) |
| Closing cash | 437 | 911 | 338 | 421 | 535 | 361 | 655 |
| 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 | -9.7% | +13.3% | -2.6% | +33.5% | +10.4% | +12.6% | - |
| EBITDA growth | -35.0% | +24.7% | +51.5% | +310.9% | -60.9% | -20.1% | - |
| PBT growth | -23.8% | +44.3% | +98.1% | +467.4% | -64.1% | -73.7% | +352.2% |
| Net income growth | -30.2% | +38.2% | -9.1% | +351.0% | -247.6% | -70.0% | - |
| Revenue CAGR (3Y) | -0.1% | +13.8% | +12.8% | +18.4% | +14.8% | +16.3% | +17.7% |
| EBITDA CAGR (3Y) | +7.1% | +98.0% | +34.6% | +8.7% | +16.1% | +327.4% | +187.6% |
| Profitability & leverage | |||||||
| Net income margin | +12.6% | +18.4% | +14.1% | +8.1% | -0.6% | +6.0% | +25.6% |
| Return on capital employed | +14.5% | +16.2% | +12.2% | +16.3% | +7.5% | +3.6% | +11.9% |
| Return on net worth | +12.7% | +17.8% | +12.1% | +13.9% | -5.2% | +3.5% | +13.6% |
| Debt / equity | 0.55 | 0.49 | 0.40 | 0.27 | 0.24 | 0.27 | 0.27 |
| Long-term debt / equity | 0.31 | 0.26 | 0.40 | 0.27 | 0.20 | 0.13 | 0.06 |
| Interest cover | 31.96 | 18.01 | 21.31 | 25.06 | -77.32 | 28.73 | 18.98 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.04 | 1.23 | 1.13 | 1.19 | 0.94 | 1.17 | 1.60 |
| Inventory turnover | 5.04 | 6.25 | 5.47 | 5.63 | 4.57 | 4.66 | 4.62 |
| Debtors turnover | 1.90 | 2.24 | 2.54 | 3.66 | 2.88 | 2.21 | 2.24 |
| EPS (₹) | 10.93 | 17.62 | 11.91 | 7.05 | (0.42) | 3.51 | 13.38 |
| Dividend per share (₹) | 16.00 | 16.00 | 13.50 | 11.50 | 10.00 | 7.50 | 4.00 |
| Book value per share (₹) | 93.24 | 99.61 | 98.76 | 98.98 | 102.48 | 112.28 | 101.68 |
To see the full year-wise statements and ratios of Sun Pharmaceutical Industries Limited, buy the company report.
Board of directors of Sun Pharmaceutical Industries Limited
Sun Pharmaceutical Industries has 9 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Goenka Also directs: PMG Advisory LLP | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Dilip Shantilal Shanghvi Also directs: Sun Pharma Advanced Research Company Limited, Sun Petrochemicals Private Limited, Alfa Infraprop Private Limited and 3 more | Whole-Time Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Gautam Bhailal Doshi Also directs: Bhavna Doshi Associates LLP, Piramal Finance Limited, Sun Pharma Laboratories Limited and 4 more | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Kirti Wardhaman Ganorkar Also directs: Sun Pharma Laboratories Limited, Sun Pharma Distributors Limited | Managing Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Vidhi Dilip Shanghvi | Whole-Time Director | 22 May 2025 | 1 Years 5 Months | Current |
| Aalok Dilip Shanghvi Also directs: Shikha Learning Labs Private Limited | Whole-Time Director | 01 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Sun Pharmaceutical Industries Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (API Manufacturers, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sun Pharmaceutical Industries Limitedthis company | ₹58,462 Cr (FY 2026) | ₹12,429 Cr | 21.3% | 11.2% | 16,436 | Vadodara, Gujarat, India |
| Dr.Reddy's Laboratories Ltd | ₹33,741 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Aurobindo Pharma Ltd | ₹32,346 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Cipla Limited | ₹28,409 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Zydus Lifesciences Limited | ₹23,511 Cr (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| Lupin Limited | ₹22,904 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sun Pharmaceutical Industries Limited, buy the company report.
Auditor
Sun Pharmaceutical Industries Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | 324982E/E300003 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.50%, foreign institutional investors hold 14.50%, domestic institutional investors hold 22.20% and retail and other public shareholders hold 8.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.50% | 54.50% | 54.50% | 54.50% |
| Public | 45.50% | 45.50% | 45.50% | 45.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 1999 | 90095637 | Nvfc Finance Private Ltd | ₹75 Lakh | Open | |
| 29 Apr 1999 | 90095112 | Risk Capital and Technology Finance Corporation Ltd | ₹1.5 Cr | Open | |
| 17 Nov 1998 | 90095083 | Industrial Development Bank of India | ₹3.25 Cr | Open | |
| 13 Sep 1996 | 90094937 | Industrial Development Bank of India | ₹9.2 Cr | Open | |
| 11 Oct 1993 | 90101445 | Gujarat Industrial Investment Corporation Ltd. | ₹1.36 Cr | Open |
To see the full charge records of Sun Pharmaceutical Industries Limited, buy the company report.
Total charge records: 38 View all charges
Deals & funding
Sun Pharmaceutical Industries Limited has 75 deals on record (61 market trades, 6 acquisitions, 4 funding rounds), with disclosed funding of ₹1,610.24 Cr; the latest was in June 2026.
Deals on record (5 of 75)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Market trade | ₹47.12 Cr | Buyer: Gujarat State Financial Services Ltd Seller: Gujarat State Investment Limited |
| Jul 2016 | Acquisition | ₹40.88 Cr | Buyer: RPG Life Sciences Limited Seller: Sun Pharmaceutical Industries Limited |
| Jun 2016 | Acquisition | Undisclosed | Buyer: Frontida Biopharm Inc Seller: Sun Pharmaceutical Industries Limited |
| Dec 2015 | Acquisition | Undisclosed | Buyer: Nostrum Laboratories Inc. Seller: Sun Pharmaceutical Industries Limited |
| Sep 2015 | Acquisition | ₹164.88 Cr | Buyer: Strides Pharma Science Limited Seller: Sun Pharmaceutical Industries Limited |
To see the full deal history of Sun Pharmaceutical Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sun Pharmaceutical Industries Limited has 956 court cases on record: 668 filed by Sun Pharmaceutical Industries, 289 filed against it. 349 cases are pending and 607 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 763 | 191 | 285 |
| District courts | 141 | 70 | 48 |
| Supreme Court | 41 | 23 | 12 |
| NCLT | 6 | 5 | 4 |
| NCLAT | 5 | 0 | 0 |
Cases on record (5 of 956)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2901-Labour and Industrial Laws : Appointment, retrenchment, termination, dismissal, removal, disciplinary proceedings against labour/workmen) | Filed by the company against Deputy Labour Commissioner and 1 other | Disposed |
| Supreme Court | Court case (2901-Labour and Industrial Laws : Appointment, retrenchment, termination, dismissal, removal, disciplinary proceedings against labour/workmen) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by Income Tax Officer Ward and 2 others | Pending |
| Bombay High Court | Court case (CRR) | Filed by the company against Fibovil Pharmaceuticals Pvt Ltd and Ors. | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against Johnlee Pharmaceuticals Private Limited and 4 others | Pending |
To see the full case history of Sun Pharmaceutical Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Sun Pharmaceutical Industries Limited was last rated by Icra on 31 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Mar 2022 |
To see the full credit ratings and regulatory alerts of Sun Pharmaceutical Industries Limited, buy the company report.
MSME payment delays
Sun Pharmaceutical Industries Limited has 313 MSME Form 1 returns on record between 2007 and 2024, listing 25,487 overdue payments to 1,670 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 1,670)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fynehand Consultants LLP | |||
| Element Engineers and Consultants | |||
| Biofuels Junction Private Limited | |||
| an individual supplier | |||
| Silicon Products Pvt Associates |
To see the full MSME payment records of Sun Pharmaceutical Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sun Pharmaceutical Industries has 14 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Zenotech Laboratories Limited | L27100TG1989PLC010122 | |
| Caraco Pharmaceuticals Private Limited | U24100MH2012FTC225970 | |
| Vivaldis Health and Foods Private Limited | U24297PN2014PTC150393 | |
| Sun Pharma Laboratories Limited | U25200GJ1997PLC133846 | |
| Sun Pharmaceutical Medicare Limited | U36900GJ2017PLC095132 | |
| Neetnav Real Estate Private Limited | U45200MH2010PTC201611 |
To see the full group structure of Sun Pharmaceutical Industries Limited, buy the company report.
Employees & EPFO
Sun Pharmaceutical Industries Limited has a workforce of 16,436 employees on its EPFO records as of Oct 28, 2024, across 7 active EPFO establishments.
GST
Sun Pharmaceutical Industries has 41 GST registrations: 33 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS3124K1ZJ | Gujarat | Active | 01 Jul 2017 |
| 24AADCS3124K2ZI | Gujarat | Active | 08 Jul 2017 |
| 02AADCS3124K1ZP | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AADCS3124K2ZM | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sun Pharmaceutical Industries Limited, buy the company report.
Recent activity
Sun Pharmaceutical Industries Limited has 42 board changes on record since 1994: 27 appointments and 15 cessations. The latest: Andreas Eugen Busch was appointed as Director on 12 May 2026.
121 earlier events are in the company report.
News
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Frequently asked questions
Sun Pharmaceutical Industries is an active public limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 March 1993 (33+ years old) and is registered under CIN L24230GJ1993PLC019050. Listed on BSE: 524715 and NSE: SUNPHARMA.
Sun Pharmaceutical Industries reported revenue of ₹58,462 Cr for FY 2025-26 (up 11.2% YoY) based on consolidated financials.
Sun Pharmaceutical Industries has 9 current directors:
- Kirti Wardhaman Ganorkar - Managing Director
- Dilip Shantilal Shanghvi - Whole-Time Director
- Vidhi Dilip Shanghvi - Whole-Time Director
- Aalok Dilip Shanghvi - Whole-Time Director
- Pawan Kumar Goenka - Director
- Gautam Bhailal Doshi - Director
- Rolf Karl Heinz Hoffmann - Director
- Satyavati Berera - Director
- Andreas Eugen Busch - Director
The latest financial statements of Sun Pharmaceutical Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Sun Pharmaceutical Industries is 24AADCS3124K1ZJ, registered in Gujarat. The company has 41 GST registrations in all, of which 33 are active and 8 are cancelled or inactive. Other active GSTINs include 24AADCS3124K2ZI (Gujarat), 02AADCS3124K1ZP (Himachal Pradesh), 03AADCS3124K2ZM (Punjab).
The CIN (Corporate Identification Number) of Sun Pharmaceutical Industries is L24230GJ1993PLC019050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sun Pharmaceutical Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 524715) and NSE (symbol: SUNPHARMA).
Sun Pharmaceutical Industries has 956 court cases on record: 668 filed by the company and 289 filed against it. 349 are pending. Most are in the high courts.
Sun Pharmaceutical Industries was incorporated on 01 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sun Pharmaceutical Industries has 75 deals on record (61 market trades, 6 acquisitions, 4 funding rounds), with disclosed funding of ₹1,610.24 Cr; the latest was in June 2026.
The peers of Sun Pharmaceutical Industries by revenue are Dr.Reddy's Laboratories Ltd, Aurobindo Pharma Ltd, Cipla Limited, Zydus Lifesciences Limited, Lupin Limited, all in the Pharma industry (API Manufacturers, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Andreas Eugen Busch was appointed as Director on 12 May 2026. Satyavati Berera was appointed as Director on 08 May 2026. Kirti Wardhaman Ganorkar was appointed as Managing Director on 01 Sep 2025. Sun Pharmaceutical Industries has 42 board changes on record in total.