āagman

Not investment advice. Data and computed figures, for information only.

Sun Pharmaceutical Industries Ltd

NSE: SUNPHARMAF&O
₹1,758.80
−₹5.20 (−0.29%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹4,22,283 Cr
CMP
₹1,758.80
52-wk High / Low
₹2,047 / 1,584
P/E
33.4
P/B
5.1
Book Value
₹348.0
Div Yield
0.91%
ROCE
21.0%
ROE
16.0%
Face Value
₹1
D/E
0.06

Price+5.4% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹612
√(22.5 × EPS × book value per share)
ROIC
11.7%
vs 11.2% sector median
Cash flow to profit
1.08
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−218
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.1%
ROE × earnings retention ratio
ROE stability
3.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.40DII +1.06
Latest quarter vs the previous one
Cash-accrual divergence
−0.9%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 45.5% since FY2016 (8497 to 4627)
+Annualised volatility of 19.3% is in the low band (≤25%)
+PE of 33.4x is below the sector median of 45.9x
Watch-outs
−Price trades below its 200-day moving average (1.0x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales11,94112,19212,38111,98312,65313,29113,67512,95913,85114,47815,52114,61215,300
Expenses8,6099,0138,9048,9489,0459,3529,6669,2439,5509,95110,57210,65810,882
Operating Profit3,3323,1793,4773,0353,6083,9394,0093,7164,3024,5274,9483,9544,418
OPM %27.9%26.1%28.1%25.3%28.5%29.6%29.3%28.7%31.1%31.3%31.9%27.1%28.9%
Other Income−118294180504533354149251−35447089458520
Interest8149357462695249751007886100
Depreciation651633622650655626631664701730732775739
Profit before tax2,4812,7913,0002,8163,4243,5983,4763,2543,1734,1684,2273,5514,099
Net Profit2,0062,3852,5612,6592,8613,0372,9132,1542,2933,1253,3812,7102,901
EPS (₹)8.439.9010.5211.0611.8212.6712.108.969.5013.0014.0411.3112.06

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales27,39228,48731,57826,48929,06632,83833,49838,65443,88648,49752,57858,46259,911
Expenses19,49820,31321,47620,85822,68925,85525,02828,39732,23535,47937,46441,96142,063
Operating Profit7,8948,17410,1025,6316,3776,9838,47010,25811,65013,01815,11416,50117,847
OPM %28.8%28.7%32.0%21.3%21.9%21.3%25.3%26.5%26.5%26.8%28.7%28.2%29.8%
Other Income283−42610−135−258382−3,449−3,5054598651,4441,8951,537
Interest579523400518555303141127172238231339364
Depreciation1,1951,0381,2651,5001,7532,0532,0802,1442,5292,5572,5752,9382,976
Profit before tax6,4036,5719,0483,4793,8105,0102,7994,4819,40811,08813,75215,11916,045
Net Profit5,4765,6587,8462,5423,2084,1722,2723,3898,5139,61010,96511,50912,117
EPS (₹)21.9218.8929.038.7311.1115.6912.1013.6435.3239.9145.5547.8450.41

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital207241240240240240240240240240240240—
Reserves25,43132,74236,40038,07441,16945,02546,22347,77155,75563,42771,97883,330—
Borrowings8,9968,4979,83210,38510,5148,3153,8691,2906,8863,2742,3624,627—
Other Liabilities14,08913,94814,62415,59812,66614,61517,29120,47417,83118,38717,32820,210—
Total Liabilities48,72355,42861,09564,29764,59068,19467,62269,77680,71285,32891,9081,08,407—
Fixed Assets12,68215,87217,67518,85321,83722,84721,55322,66524,06523,24822,58632,822—
CWIP2,0392,1752,8012,4651,4111,2201,5671,2874,9735,3546,6443,052—
Investments2,7161,8301,1927,1437,90310,1439,61212,84914,82415,02618,35424,723—
Other Assets31,28635,55039,42735,83733,43933,98434,89032,97536,84941,70044,32447,811—
Total Assets48,72355,42861,09564,29764,59068,19467,62269,77680,71285,32891,9081,08,407—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3,9595,6166,6867,0823,9072,1966,5556,1708,9854,95912,13514,07212,419
Cash from Investing Activity−2,176−1,502−3,949−4,186−3,104−310−2,225407−5,556−7,220−763−5,183−10,405
Cash from Financing Activity507−1,187−1,889−2,285−1,539−2,731−5,715−5,980−5,1932,376−6,710−7,906−2,513
Net Cash Flow2,2902,927848611−736−844−1,386596−1,7651154,662983−498

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %34.023.018.020.010.010.010.013.017.016.017.020.021.0
ROE %————————————16.0
EPS (₹)15.1721.9218.8929.038.7311.1115.6912.1013.6435.3239.9145.5547.84
Book Value (₹)————————————348.0
Face Value (₹)————————————1
P/E————————————33.4
Div Yield %————————————0.91
NPM %24.119.819.924.49.611.112.67.69.619.219.520.319.1
OPM %44.029.029.032.021.022.021.025.027.027.027.029.028.0
D/E0.140.350.260.270.270.250.180.080.030.120.050.030.06
P/B————————————5.1

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+7.0%
5 years+12.0%
3 years+10.0%
TTM+11.0%
Compounded profit growth
10 years+10.0%
5 years+17.0%
3 years+13.0%
TTM+10.0%
Stock price CAGR
10 years+9.0%
5 years+16.0%
3 years+16.0%
Last year+5.0%
Return on equity
10 years14.0%
5 years16.0%
3 years16.0%
Last year16.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters54.39%54.39%54.38%54.38%54.69%54.48%54.48%54.48%54.48%54.48%54.48%54.48%
FIIs21.28%21.28%16.32%15.54%12.81%11.67%14.44%16.88%17.72%17.96%15.94%14.54%
DIIs12.21%12.21%16.23%17.32%19.56%21.62%20.02%19.18%18.71%18.58%21.00%22.06%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.06%0.11%0.11%0.11%0.11%
Public12.13%12.13%13.07%12.76%12.94%12.23%11.06%9.38%8.97%8.86%8.48%8.81%
No. of shareholders5,71,9985,71,9985,93,8636,19,7126,31,2197,09,0456,62,3846,25,2526,31,3927,04,9836,90,9577,10,246
Change since Jun 2023 (pp)
Promoters +0.09FIIs −6.74DIIs +9.85Public −3.32

Documents

As of 11 Oct 2026
Announcements
Board Meeting Intimation for Consideration And Approval Of The Issuance Of Listed, Rated, Unsecured, Redeemable, Non-Convertible DebenturesAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Newspaper PublicationShareholder Meeting / Postal Ballot-Notice of Postal BallotAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Sep 2026PPTAug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026Recording

Corporate actions

As of 7 Jul 2026
7 Jul 2026DIVIDENDDividend - Rs 5 Per Share—
5 Feb 2026DIVIDENDInterim Dividend - Rs 11 Per Share—
7 Jul 2025DIVIDENDDividend - Rs 5.50 Per Share—
6 Feb 2025DIVIDENDInterim Dividend - Rs 10.50 Per Share—
12 Jul 2024DIVIDENDDividend - Rs 5 Per Share—
9 Feb 2024DIVIDENDInterim Dividend - Rs 8.50 Per Share—
28 Jul 2023DIVIDENDDividend - Rs 4 Per Share—
8 Feb 2023DIVIDENDInterim Dividend - Rs 7.50 Per Share—
19 Aug 2022DIVIDENDDividend - Rs 3 Per Share—
9 Feb 2022DIVIDENDInterim Dividend - Rs 7 Per Share—
23 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 2 Per Share—
9 Feb 2021DIVIDEND Interim Dividend - Rs 5.50 Per Share—
19 Aug 2020DIVIDEND Annual General Meeting/Dividend - Re 1 Per Share—
17 Feb 2020DIVIDEND Interim Dividend - Rs 3 Per Share—
20 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 2.75 Per Share—
17 Sep 2018DIVIDEND Annual General Meeting/Dividend Rs 2 Per Share—
18 Sep 2017DIVIDEND Annual General Meeting/Dividend - Rs 3.50 Per Share—
8 Sep 2016DIVIDEND Annual General Meeting/Dividend Re 1/- Per Share—
21 Oct 2015DIVIDEND Annual General Meeting/ Dividend - Rs 3/- Per Share—
11 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Rs 1.50/- Per Share—
19 Sep 2013DIVIDENDAnnual General Meeting / Dividend - Rs 2.50/- Per Share—
29 Jul 2013BONUSBonus 1:1—
14 Aug 2012DIVIDENDInterim Dividend Rs.4.25 Per Share (Purpose Revised)—
2 Sep 2011DIVIDENDAnnual General Meeting And Dividend Rs.3.50 Per Share—
25 Nov 2010SPLITFace Value Split From Rs.5/- To Re.1/-5 : 1
9 Sep 2010DIVIDENDDividend-Rs.13.75 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman