SUNPHARMAHealthcare

Sun Pharmaceutical Industries Limited

Pharmaceuticals · ISIN INE044A01036 · BSE 524715 · NSE EQ · FV ₹1
Last price
₹1,867
+0.74%today
What this company does

Sun Pharmaceutical Industries Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹15,300 cr of revenue in its latest quarter (Q1 FY27) and kept 18.9% of sales as profit. It is the largest of 9 Pharmaceuticals companies we track, by market value.

In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 33–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns66

How much profit it earns on the money it employs

Balance sheet75

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency55

Whether sales and profit have grown, and how steadily

Valuation46

What today's price implies, against our models or its peers

Governance & risk92

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 19% net margin
Sales up 10% vs last year
Profit up 27% vs last year
Promoters hold 54%
Virtually debt-free
Turns profit into real cash
Watch-outs
! 1.7% of promoter stake pledged

What if I invest in SUNPHARMA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,867 +0.74%
latest close · 2026-09-17
1-year return
+145.5%
52-wk low ₹73452-wk high ₹2,047
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio38.6High
LowAverageHigh
P/B ratio5.36High
Below bookModerateHigh
EV / EBITDA22.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.9%Fair
WeakFairStrong ▸15%
Return on capital19.5%Strong
WeakFairStrong
Net margin18.9%Strong
ThinDecentStrong
EBITDA margin32.3%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.05Comfortable
LowModerateHigh ▸1
Interest cover42.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.82Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹4.48 L cr
Book value
₹348
EPS
₹12.10
latest quarter
Net debt
₹-5,689 cr
more cash than debt
Enterprise value
₹4.42 L cr
EBITDA
₹19,749 cr
annualised
EBIT
₹16,794 cr
annualised
Operating margin
27.4%
Return on assets
10.6%
Earnings yield
2.59%
P/S
7.32
Sales / share
₹255.1
Tax rate
29.0%
Face value
₹1
Shares
239.9 cr
Working capital
₹41,238 cr
Current assets
₹63,860 cr
Current liabilities
₹22,622 cr
Delivery %
65.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹529₹893, midpoint ₹711

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹15,300 cr
Other Income₹724 cr
Total Income₹16,024 cr
Cost of Materials₹2,026 cr
Purchases of Stock-in-Trade₹1,020 cr
Inventory Change (±)₹-83 cr
Employee Benefit Expense₹3,227 cr
Finance Costs₹100 cr
Depreciation & Amortisation₹739 cr
Other Expenses₹4,692 cr
Total Expenses₹11,721 cr
Exceptional Items₹-204 cr
Profit before Tax₹4,099 cr
Tax Expense₹1,188 cr
Share of JV / Associates₹-10 cr
Net Profit₹2,901 cr
Net margin on total income18.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,963 cr18.7%
Employee benefit expense₹3,227 cr20.4%
Finance costs₹100 cr0.6%
Depreciation & amortisation₹739 cr4.7%
Other expenses₹4,692 cr29.7%
Tax expense₹1,188 cr7.5%
Profit for the period₹2,901 cr18.4%
Total income ₹16,024 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue15,521 cr14,612 cr15,300 cr
Total income16,099 cr15,070 cr16,024 cr
Expenses11,383 cr11,519 cr11,721 cr
Profit before tax4,227 cr3,551 cr4,099 cr
Tax826 cr828 cr1,188 cr
Net profit (owners' share)3,369 cr2,714 cr2,895 cr
Net margin (owners' share, on revenue)21.7%18.6%18.9%
EPS (₹)14.0011.3012.10
YoY (latest quarter): total income +11.9% · net profit +27.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1.09 L cr
Shareholder equity
₹83,570 cr
parent shareholders
Total debt
₹4,082 cr
Cash
₹9,771 cr
Cash flow · H1 FY26
Operating
₹4,781 cr
Investing
₹-6,691 cr
Financing
₹1,101 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limitedthis company₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limited₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.86%
trailing 12 months
Dividend / share (TTM)
₹16
Last dividend
₹5
ex 7 Jul 2026
ActionDetailEx-date
Dividend₹5 / share7 Jul 2026
Dividend₹11 / share5 Feb 2026
Dividend₹5.5 / share7 Jul 2025
Dividend₹10.5 / share6 Feb 2025
Dividend₹5 / share12 Jul 2024
Dividend₹8.5 / share9 Feb 2024
Who owns it · 2026-06-30
1.6% pledged
Promoter
54.5%
FII / Foreign
14.5%
DII / Domestic
22.2%
Retail / others
8.8%
Smart-money activity
Insider trades
SoldRAKSHA VALIA-Person Acting in Concert and immediate relative of Non Executive Non Independent Director (Member of Promoter Group) · Promoter Group20.20 L · ₹225.6 cr28 Aug 23
SoldRAKSHA VALIA-Person Acting in Concert and immediate relative of Non Executive Non Independent Director (Member of Promoter Group) · Promoter Group10.00 L · ₹93.7 cr22 May 23
BoughtADITYA MEDISALES LIMITED · Promoter Group59.90 L · ₹589.4 cr27 Mar 23
Bulk / block deals
short · NSE13 Sep 26
short · NSE2,45031 Aug 26
short · NSE4,21026 Aug 26
Stake changes
BoughtLife insurance Corporation of India→ 5.00% · 2.02 L13 Jan 26
SoldLife Insurance Corporation of India→ 3.01% · 4.83 cr13 Sep 23
DisposalAxis Trustee Services Limited→ 0.00%21 Oct 22
Promoter pledges
ReleasedAditya Birla Finance Limited was the lender50,000 · 0.52% held4 Sep 25
PledgedCiticorp Finance (India) Limited. who was the lender6.50 L · 0.49% held28 Jul 25
PledgedCiticorp Finance ( India) Ltd. Who was the lender6.50 L · 0.47% held4 Jul 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 31 Jul 2025
See the official result
1
Adoption of the audited standalone financial statements of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
85.12 cr votes for, 6.89 L against · 0% of mutual funds and other big investors said no
2
Adoption of the audited consolidated financial statements of the Company for the financial year ended March 31, 2025 and the report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
85.12 cr votes for, 6.89 L against · 0% of mutual funds and other big investors said no
3
Declaration of Final Dividend of Rs. 5.50/- (Rupees Five and paise fifty only) per Equity Share of Rs. 1/- (Rupee One only) each for the financial year 2024-25.
Backed by 100% of shareholders other than promotersneeded 50%
86.16 cr votes for, 1,386 against · 0% of mutual funds and other big investors said no
4
Appointment of Ms. Vidhi Shanghvi (DIN: 06497350) as a Whole-time Director
Promoters had a personal stake in this
Backed by 76% of shareholders other than promotersneeded 75%
65.46 cr votes for, 20.68 cr against · 25% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 15 named members
owning 54.5% between them · as of 2026-06-30
Shanghvi Finance Private Limited40.30%
Dilip.S.Shanghvi9.60%
Aditya Medisales Limited1.67%
Raksha Sudhir Valia1.20%
Sudhir Vrundavandas Valia0.60%
Unimed Investments Limited0.43%
Vibha Dilip Shanghvi0.37%
Aalok Dilip Shanghvi0.12%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.