Cipla logo

Cipla share price

NSE: CIPLABSE: 500087Pharmaceuticals & BiotechnologyLarge Cap

Cipla Limited · Face value ₹2 · Listed Jul 1983 on BSE, Feb 1995 on NSE
Last close ₹1,358.00down ₹7.60 (0.56%)BSE ₹1,357.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹1,365.60.

29 Oct: open ₹1,357.70, high ₹1,372.50, low ₹1,347.00

52-week range of traded prices to 29 Oct 2026
₹1,165.70Low, 2 Apr 2026₹1,593.30High, 30 Oct 2025
Market cap
₹1,09,709 Cr99th largest listed
P/E
37.87
P/B
3.10
Dividend yield
0.96%
ROE
8.5%
ROCE
9.7%
Debt to equity
0.01
Volume, NSE
11,41,23054.3% delivered

Cipla share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−14.1%over a year · Nifty Pharma +19.1% · Nifty 500 −8.4%

Results20-session average 11,20,690 shares a day, 56.9% delivered

About Cipla

Cipla Limited is a Mumbai-based drug maker that develops, makes and sells medicines, including inhalers and other treatments for lung diseases, generic and complex generic medicines, consumer health products and active pharmaceutical ingredients (APIs, the drug substance inside a medicine).123 Its home markets are India, South Africa and North America, and it also sells in other emerging markets and Europe.45

Its business is organised into One India, which covers branded prescription medicines, trade generics through Cipla Pharma and Life Sciences and consumer health through Cipla Health; North America; One Africa, which covers South Africa, North Africa, sub-Saharan Africa and Cipla Global Access; and Emerging Markets and Europe.675 The company names respiratory, antiretroviral (HIV), urology, cardiology, anti-infective and central nervous system medicines as its strengths.4 In India it also sells medicines licensed from other drug makers, including Eli Lilly's Yurpeak (tirzepatide) for type 2 diabetes and weight management, MannKind's inhaled insulin Afrezza and brands from Pfizer.85 It has more than 31,000 permanent employees and workers in 18 countries.9 It runs 48 manufacturing facilities that comply with current good manufacturing practice (cGMP, the standard drug regulators inspect against) in India, the US, South Africa, China and Morocco.1011

The company was incorporated in 1935.3 It acquired Inzpera Healthsciences, adding paediatric and wellness products, on 4 Dec 2025.125 Achin Gupta has been Managing Director and Global Chief Executive Officer since 1 Apr 2026.13 The promoter and promoter group held 29.21% of the shares on 31 Mar 2026.14

Cipla key points

Results

  • In the quarter to Jun 2026, consolidated revenue was ₹7,119 crore, the highest for any April to June quarter; EBITDA (profit before interest, tax, depreciation and amortisation) was ₹1,192 crore, a 16.7% margin, and profit after tax ₹789 crore.1516
  • A year earlier, in the quarter to Jun 2025, consolidated revenue was ₹6,957 crore, EBITDA ₹1,778 crore, a 25.6% margin, and profit after tax ₹1,298 crore.1716
  • In the quarter to Jun 2026, consolidated revenue rose 2% on a year earlier; from 1 Apr 2026 some marketing expenses are deducted from revenue, not costs, and the company said growth would be about 4% with the previous year adjusted the same way.1819
  • In the year to Mar 2026, consolidated revenue was ₹28,163 crore, EBITDA ₹5,925 crore and profit after tax ₹3,879 crore.2021

Market position

  • In India it is the largest drug maker by units, the only one above 2 billion in the year to Jun 2026, and first in respiratory medicines, with over 25% in the year to Mar 2026.2223
  • Its Foracort inhaler is India's top-ranked respiratory brand and the first brand there to pass ₹1,000 crore in sales; 33 of its brands each sell over ₹100 crore a year.2425
  • In the US it ranks first in albuterol (an asthma reliever) metered-dose inhalers (pressurised puffers), with a 21% share in June 2026.26

Business segments

  • Share of revenue by business27
    Itemquarter to Jun 2026
    One India48%
    North America22%
    One Africa14%
    Emerging Markets and Europe14%
    API and others2%
  • One India had revenue of ₹3,452 crore in the quarter to Jun 2026, its highest for any quarter, up 12% on a year earlier; in the year to Mar 2026 its revenue passed ₹12,500 crore.282930
  • North America had revenue of $162 million in the quarter to Jun 2026, when it launched generic Ventolin, an asthma inhaler, as the first approved equivalent, with 6 months of US exclusivity.312332
  • In the quarter to Jun 2026, One Africa had revenue of $103 million, up 1% on a year earlier, and Emerging Markets and Europe $106 million, up 5%.33

Plants and capacity

  • Capacity a year, by product34
    Itemyear to Mar 2026
    Tablets and capsules25 billion units
    Respules (liquid doses for nebulisers)569 million units
    Metered-dose inhalers150.3 million units
    Dry powder inhalers (breath-activated)3.4 million units
    APIs792 tonnes
  • Capital spending was ₹3,079 crore in the year to Mar 2026; approved investments over 2 years exceed ₹4,000 crore, including a respiratory API plant at Kurkumbh and an inhaler plant at Fall River, Massachusetts.3536

Research and development

  • R&D spending was ₹1,974 crore in the year to Mar 2026 and ₹486 crore, 6.8% of revenue, in the quarter to Jun 2026, across 6 centres in Maharashtra, Karnataka, New York and Germany.373839
  • On 30 Jun 2026 its US portfolio and pipeline, counting InvaGen's, PEPFAR (a US aid programme) and partners' applications, held 278 applications for generic (ANDA) and new (NDA) medicines: 186 approved, 44 tentatively approved and 48 under approval.40
  • As of its annual report of 1 Jun 2026, its biosimilar (near-copy of a biologic medicine) joint venture with Kemwell Biopharma, Aspergen Inc., had filed to start human studies of ASP100 in the US and a clinical trial application for ASP200 in India.41

What the company expects

  • On its earnings call of 23 Jul 2026, the company said it expects an EBITDA margin of 18.5% to 20% for the year to Mar 2027, depending on approvals and new launches, and that the current margin is below its steady state.4243
  • On its earnings call of 23 Jul 2026, the company said approval of 4 significant US launches in the rest of the year, 3 respiratory including generic Advair, would give line of sight to a $1 billion exit rate (yearly revenue pace at year end).4445

Recent events

  • On 3 Sep 2026, its US subsidiary InvaGen took exclusive US rights to QL2107, Qilu Pharmaceutical's biosimilar of the cancer drug Keytruda (pembrolizumab), which Qilu develops and supplies.46
  • On 31 Aug 2026, it licensed from SBP Group's CTTQ exclusive rights to TQB2102, an antibody-drug conjugate (an antibody carrying a drug to cancer cells) being evaluated in HER2-expressing cancers, for India, South Africa and 5 other emerging markets.47
  • On 27 Jul 2026, the US FDA approved its generic Advair Diskus, for asthma and chronic obstructive pulmonary disease, its first dry powder inhaler from its US plants; the company cites IQVIA data putting the US market at about $908 million.4849

Litigation and regulatory matters

  • A follow-up US FDA inspection of the Pithampur plant in India, from 17 to 25 Aug 2026, ended with 7 observations on Form 483 (the inspectors' list of issues); the company's documents give no outcome.50

Last updated

All 50 sources, each with its page
  1. 1. Annual report, 1 Jun 2026, page 150
  2. 2. Annual report, 1 Jun 2026, page 159
  3. 3. Annual report, 1 Jun 2026, page 185
  4. 4. Exchange filing, 3 Sep 2026, page 2
  5. 5. Annual report, 1 Jun 2026, page 33
  6. 6. Annual report, 1 Jun 2026, page 153
  7. 7. Investor presentation, 23 Jul 2026, page 5
  8. 8. Annual report, 1 Jun 2026, page 43
  9. 9. Annual report, 1 Jun 2026, page 40
  10. 10. Annual report, 1 Jun 2026, page 75
  11. 11. Annual report, 1 Jun 2026, page 76
  12. 12. Annual report, 1 Jun 2026, page 165
  13. 13. Annual report, 1 Jun 2026, page 235
  14. 14. Exchange filing, 19 Aug 2026, page 6
  15. 15. Investor presentation, 23 Jul 2026, page 4
  16. 16. Investor presentation, 23 Jul 2026, page 5
  17. 17. Investor presentation, 23 Jul 2026, page 5
  18. 18. Earnings call, 23 Jul 2026, page 5
  19. 19. Earnings call, 23 Jul 2026, page 6
  20. 20. Annual report, 1 Jun 2026, page 41
  21. 21. Annual report, 1 Jun 2026, page 185
  22. 22. Earnings call, 23 Jul 2026, page 4
  23. 23. Annual report, 1 Jun 2026, page 151
  24. 24. Annual report, 1 Jun 2026, page 43
  25. 25. Earnings call, 23 Jul 2026, page 4
  26. 26. Earnings call, 23 Jul 2026, page 4
  27. 27. Investor presentation, 23 Jul 2026, page 5
  28. 28. Investor presentation, 23 Jul 2026, page 6
  29. 29. Earnings call, 23 Jul 2026, page 3
  30. 30. Annual report, 1 Jun 2026, page 33
  31. 31. Earnings call, 23 Jul 2026, page 4
  32. 32. Earnings call, 23 Jul 2026, page 13
  33. 33. Investor presentation, 23 Jul 2026, page 4
  34. 34. Annual report, 1 Jun 2026, page 75
  35. 35. Annual report, 1 Jun 2026, page 40
  36. 36. Annual report, 1 Jun 2026, page 34
  37. 37. Annual report, 1 Jun 2026, page 40
  38. 38. Investor presentation, 23 Jul 2026, page 5
  39. 39. Annual report, 1 Jun 2026, page 83
  40. 40. Investor presentation, 23 Jul 2026, page 11
  41. 41. Annual report, 1 Jun 2026, page 87
  42. 42. Earnings call, 23 Jul 2026, page 16
  43. 43. Earnings call, 23 Jul 2026, page 18
  44. 44. Earnings call, 23 Jul 2026, page 5
  45. 45. Earnings call, 23 Jul 2026, page 8
  46. 46. Exchange filing, 3 Sep 2026, page 2
  47. 47. Exchange filing, 31 Aug 2026, page 2
  48. 48. Exchange filing, 27 Jul 2026, page 2
  49. 49. Exchange filing, 27 Jul 2026, page 1
  50. 50. Exchange filing, 25 Aug 2026, page 1

Results

Consolidated; ₹ crore.Cipla quarterly results

Revenue growth, 12 months
−0.7%
Net profit growth, 12 months
−46.8%

Quarter to Sep 2026, against the quarter before

Revenue
₹7,404 Crup 4.00%
Net profit
₹852 Crup 8.40%
Net margin
11.5%

Revenue by quarter

₹7,073 CrDec 24₹6,730 CrMar 25₹6,957 CrJun 25₹7,589 CrSep 25₹7,074 CrDec 25₹6,541 CrMar 26₹7,119 CrJun 26₹7,404 CrSep 26
Peak revenue ₹7,589 Cr, quarter to Sep 2025; lowest ₹6,541 Cr, quarter to Mar 2026

Net profit by quarter, a loss in red

₹1,575 CrDec 24₹1,214 CrMar 25₹1,292 CrJun 25₹1,353 CrSep 25₹674 CrDec 25₹543 CrMar 26₹786 CrJun 26₹852 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue7,0736,7306,9577,5897,0746,5417,1197,404
Net profit1,5751,2141,2921,353674543786852
Net margin22.3%18.0%18.6%17.8%9.5%8.3%11.0%11.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Pharmaceutical and related products, which carries all its revenue.

Valuation

Today, against the company's own history.Cipla PE ratio and valuation

Price to earnings

At or below today's level on 83% of 2,233 trading days over the last 10 years.

LowestHighest
Its median29.97Industry median28.22
Price to book

At or below today's level on 20% of 1,978 trading days since Nov 2018.

LowestHighest
Its median3.82Industry median2.97
Dividend yield

At or below today's level on 86% of 2,458 trading days over the last 10 years.

LowestHighest
Its median0.55%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−14.1%−26.4%+15.4%1.1%
3 years+11.8%+11.4%−0.6%1.0%
5 years+9.4%+10.0%−1.4%0.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of all the company's shares, counting those held against depositary receipts traded abroad, from the filing for Sep 2026.Cipla shareholding pattern

Shareholding by group

  • Promoters29.12%
  • Foreign institutions20.19%
  • Indian institutions34.84%
  • Individuals and others15.56%
  • Depositary receipts0.28%
Holder
Yusuf Khwaja HamiedPromoter18.63%
LICI ULIP-GROWTH FUNDInsurance companies9.56%
SOPHIE AHMEDPromoter5.69%
M K HAMIEDPromoter3.45%
NPS TRUST -A/C LIC PENSION FUND LIMITED APY FUND SProvident and pension funds1.79%
Kamil HamiedPromoter1.35%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.04 pts, Indian institutions +0.32 pts, mutual funds +0.23 pts.

Mutual fund holdings

338 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 170 of the 212 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 5 more funds filed their first portfolio on record, holding it.All 338 funds holding Cipla

Bought again
4
Added
114
Cut
98
Held unchanged
117
Sold out
7
Fund
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund1,99,02,4292.47%₹2,678.9 Cr
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund1,43,51,6291.33%₹1,931.7 Cr
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund1,09,15,5930.72%₹1,469.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Value FundICICI Prudential Mutual Fund57,30,7361.35%₹771.4 Cr
SBI Mutual Fund logoSBI ELSS Tax Saver FundSBI Mutual Fund47,56,6372.13%₹640.2 Cr
HDFC Mutual Fund logoHDFC Focused FundHDFC Mutual Fund47,33,2072.40%₹637.1 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund40,95,0546.01%₹551.2 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund40,86,2111.07%₹550.0 Cr
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund38,36,9851.15%₹516.5 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund37,54,0820.66%₹505.3 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Cipla insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Cipla competitors and peers

Pharmaceuticals, 215 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Cipla in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Torrent Pharmaceuticals logoTorrent PharmaceuticalsTORNTPHARM1,74,20882.029.48+42.1%−0.7%15.8%12.0%0.83%
Laurus Labs logoLaurus LabsLAURUSLABS1,21,24690.4920.01+23.0%+95.9%24.7%21.8%0.09%
Zydus Lifesciences logoZydus LifesciencesZYDUSLIFE1,18,14426.184.36+21.1%−1.3%17.7%15.9%0.08%
Dr. Reddy's Laboratories logoDr. Reddy's LaboratoriesDRREDDY1,12,26440.102.89−3.5%−51.5%7.5%6.0%0.59%
Mankind Pharma logoMankind PharmaMANKIND1,01,99345.365.80+13.3%+28.4%13.7%13.6%0.00%
Aurobindo Pharma logoAurobindo PharmaAUROPHARMA95,50725.732.52+9.1%+9.5%10.5%11.5%0.00%
Lupin logoLupinLUPIN90,99616.464.05+28.2%+49.5%27.9%28.2%0.90%
Glenmark Pharmaceuticals logoGlenmark PharmaceuticalsGLENMARK66,01236.726.28+32.9%+138.4%18.6%39.8%0.11%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Cipla dividend history

Dividend per share, ₹, restated for later splits and bonuses

2Mar 173Mar 183Mar 194Mar 205Mar 215Mar 228.5Mar 2313Mar 2416Mar 2513Mar 26
Highest ₹16.00 a share, year to Mar 2025.
Ex-dateTypePer share
5 Jun 2026Final₹13.00
27 Jun 2025Final₹13.00
27 Jun 2025Special₹3.00
2 Aug 2024Final₹13.00
21 Jul 2023Final₹8.50
8 Aug 2022Final₹5.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Cipla announcements

Cipla share price by year

Each calendar year to 2025.Cipla share price history

YearClose at year endChangeHighest closeLowest close
20251,511.30−1.2%1,663.601,384.70
20241,529.00+22.7%1,680.501,251.00
20231,246.30+15.8%1,271.50862.35
20221,075.95+14.0%1,173.40867.45
2021944.10+15.1%987.60755.15
2020819.95+71.5%833.20374.70
2019478.20−7.9%578.70408.25
2018519.50−14.6%672.80512.55
2017608.50+7.0%654.80488.90
2016568.80−12.5%655.35464.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 20261,335.201,368.201,327.101,365.601,357.419,97,12149.2%
27 Oct 20261,352.101,372.701,319.001,350.001,345.8340,78,81137.7%
26 Oct 20261,336.601,360.001,330.001,355.001,346.1015,48,42849.7%
23 Oct 20261,332.401,338.001,314.101,338.001,325.5013,23,90058.1%
22 Oct 20261,302.001,330.901,296.401,330.901,319.116,38,94354.1%
21 Oct 20261,324.101,337.501,308.301,314.001,314.4312,38,86968.1%
19 Oct 20261,322.001,339.001,321.601,324.101,327.8913,87,21568.6%
16 Oct 20261,335.001,337.501,315.101,325.101,324.458,50,28462.5%
15 Oct 20261,311.601,336.401,310.601,328.001,327.2013,71,74764.8%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
Y K Hamied
At the end of the quarter to Sep 2026
Managing director and CEO
Achin Gupta
At the end of the quarter to Sep 2026
NSE symbol
CIPLA
BSE code
500087
ISIN
INE059A01026
Industry
Pharmaceuticals & Biotechnology
CIN
L24239MH1935PLC002380
Corporate identity number, the registrar of companies' code for it
Incorporated
1935
Registered office
Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments