Zydus Lifesciences logo

Zydus Lifesciences share price

NSE: ZYDUSLIFEBSE: 532321Pharmaceuticals & BiotechnologyMid Cap

Zydus Lifesciences Limited · Formerly Cadila Healthcare · Face value ₹1 · Listed Apr 2000
Last close ₹1,184.40up ₹8.90 (0.76%)BSE ₹1,186.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹1,175.50.

29 Oct: open ₹1,175.50, high ₹1,187.80, low ₹1,170.50

52-week range of traded prices to 29 Oct 2026
₹835.50Low, 2 Apr 2026₹1,232.10High, 29 Sep 2026
Market cap
₹1,18,144 Cr114th largest listed
P/E
26.18
P/E without one-offs
23.41
P/B
4.36
Dividend yield
0.08%
ROE
17.7%
ROE without one-offs
19.8%
ROCE
15.9%
Debt to equity
0.40
Volume, NSE
8,55,85055.6% delivered

Zydus Lifesciences share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+18.1%over a year · Nifty Pharma +19.1% · Nifty 500 −8.4%

ResultsBuyback20-session average 13,34,913 shares a day, 51.8% delivered

About Zydus Lifesciences

Zydus Lifesciences Limited is an Indian drug maker that researches, makes and sells generic and branded medicines, specialty medicines, biosimilars (close copies of biologic drugs), vaccines and active pharmaceutical ingredients (APIs, the drug substance inside a medicine).1 It also sells consumer wellness products and medical devices, and serves patients in regulated markets (those with strict drug regulators) and emerging markets.21 Its registered and corporate office is in Ahmedabad.3

The business is reported in 3 segments: pharmaceuticals, consumer wellness and medical technology.2 Pharmaceuticals covers formulations (finished medicines) sold in India, North America and international markets, plus APIs and alliances.2 Consumer wellness is run by its subsidiary Zydus Wellness Limited, whose brands include Glucon D, Complan, Sugar Free, Nycil, Everyuth, Nutralite and RiteBite Max Protein.4 Medical technology focuses on orthopaedics, cardiology and nephrology (kidney care).5 In the US, its subsidiary Sentynl Therapeutics sells medicines for ultra-rare diseases.6

The group traces its roots to a company founded in 1952 by Ramanbhai B. Patel; Zydus Lifesciences Limited was incorporated in 1995.78 It entered medical technology by buying Amplitude Surgical, a French orthopaedic company focused on knee and hip implants, taking 85.6% on 29 Jul 2025 and the remaining 14.4% on 24 Oct 2025.95 On 15 Jan 2026 it bought 2 biologics plants in Emeryville and Berkeley, California, from Agenus, entering contract development and manufacturing of biologic drugs for other companies.10

Pankaj R. Patel is non-executive Chairman and his son, Sharvil P. Patel, is Managing Director.11

Zydus Lifesciences key points

Results

  • In the quarter to Jun 2026, consolidated revenue rose 22% to ₹80.2 billion; EBITDA (profit before interest, tax, depreciation and amortisation) was ₹19.3 billion, a 24.1% margin, and net profit ₹9.4 billion.12
  • In the year to Mar 2026, consolidated revenue rose 17% to ₹271.5 billion and EBITDA rose 20% to ₹84.8 billion, a 31.2% margin; the company says both were its highest ever.131415
  • Profit after tax adjusted for one-off items, the company's measure, rose 15% to ₹54.6 billion in the year to Mar 2026, from ₹47.5 billion a year earlier.16
  • Net debt (borrowings less cash) was 0.7 times EBITDA at 30 Jun 2026.17

Market position

  • Zydus is the 3rd largest US generics company by prescriptions; at Jun 2026 it sold 274 products there, ranking first in about 24% of its product families and in the top 3 in about 60%.18
  • In India Zydus ranks first in oncology (cancer medicines), the company says, as of Jun 2026.19
  • In India, 5 of its 7 main consumer wellness brands rank first in their categories, by market research and company estimates to Jun 2026.19

Business segments

  • Revenue by business (₹ million)202122
    Itemyear to Mar 2026year to Mar 2025
    North America formulations1,16,8201,10,500
    India formulations65,74059,281
    Consumer wellness39,13426,810
    International markets formulations30,70021,947
    MedTech7,823–
  • India formulations. Chronic and sub-chronic (long-lasting) conditions made up 54.2% of its India portfolio as of Jun 2026, up 360 basis points (hundredths of a percentage point) in 4 years; branded sales grew 20% in the quarter to Jun 2026.2324
  • North America formulations. Branded products made up 10% of US revenue in the quarter to Jun 2026. At Mar 2026 it sold 3 US rare-disease medicines: Nulibry, Zokinvy and Zycubo.2526

Plants and capacity

  • Zydus has 44 manufacturing facilities, 38 in India and the rest in the US, UK, France, Brazil and Myanmar; 16 have been inspected by the US Food and Drug Administration (USFDA).27
  • Zydus's installed capacity at Mar 2026 was 39,018 million pills (tablets and capsules) and 342.9 million injectable units.28
  • As of its annual report of 10 Jul 2026, the company was building an automated tablet and capsule plant, Unit III, in Ahmedabad and a dialyser plant for kidney care.29

Research and development

  • R&D spending was ₹22,732 million in the year to Mar 2026, 8.4% of revenue and 23% more than the ₹18,555 million of a year earlier; the company has more than 1,500 scientists in 10 R&D centres.3031
  • Saroglitazar, its first new chemical entity (a drug it invented), sells in India as Lipaglyn and Bilypsa (₹4.81 billion in market-audit sales, year to Jun 2026); at its call of 11 Aug 2026, its US application had USFDA priority review.323334
  • In India Zydus has 16 approved biosimilars, 15 launched, and its biosimilar pipeline has 13 more; it has 16 vaccines with marketing authorisation in India, with 12 in development.3536

What the company expects

  • On its earnings call of 11 Aug 2026, the company said it expects double-digit revenue growth and an EBITDA margin of about 24% in the year to Mar 2027.3738
  • On its earnings call of 11 Aug 2026, the company said it aims to raise the EBITDA margin to 28% to 30% over about 5 years.39
  • On its earnings call of 11 Aug 2026, the company said it expects capital spending of about ₹1,500 crore to ₹1,600 crore in the year to Mar 2027, and branded products to exceed two-thirds of revenue over the medium term.4041
  • In its presentation of 23 Aug 2026, the company said it expects USFDA approval of Saroglitazar for primary biliary cholangitis (a long-term liver disease) by the quarter to Mar 2027.42

Recent events

  • On 13 Oct 2026, the company and Formycon announced USFDA acceptance for review of FYB206, a proposed biosimilar of the cancer drug Keytruda, which the company licensed for the US and Canada.4344
  • On 16 Jun 2026, the company announced it had completed buying US-based Assertio Holdings, agreed in May 2026 for $166 million; Assertio's Rolvedon prevents febrile neutropenia (fever with low white blood cell counts) during chemotherapy.4546

Litigation and regulatory matters

  • USFDA inspections ended with 1 observation (an issue noted by inspectors), none on data integrity, at the SEZ II plant on 28 Sep 2026 and 5 at the Moraiya plant on 13 Oct 2026.4748
  • At 31 Mar 2026 no plant was under regulatory surveillance or a warning letter (a formal notice of serious violations); the Jarod injectables plant resolved its USFDA warning letter during the year.49
  • In the year to Mar 2026 it settled US litigation with the original drug's maker over generic Mirabegron extended-release tablets, paying $120 million plus per-unit royalties until September 2027, and can keep selling it.50

Last updated

All 50 sources, each with its page
  1. 1. Annual report, 10 Jul 2026, page 8
  2. 2. Annual report, 10 Jul 2026, page 90
  3. 3. Annual report, 10 Jul 2026, page 3
  4. 4. Annual report, 10 Jul 2026, page 94
  5. 5. Annual report, 10 Jul 2026, page 95
  6. 6. Annual report, 10 Jul 2026, page 29
  7. 7. Annual report, 10 Jul 2026, page 6
  8. 8. Annual report, 10 Jul 2026, page 158
  9. 9. Annual report, 10 Jul 2026, page 99
  10. 10. Annual report, 10 Jul 2026, page 99
  11. 11. Annual report, 10 Jul 2026, page 135
  12. 12. Earnings call, 11 Aug 2026, page 3
  13. 13. Annual report, 10 Jul 2026, page 10
  14. 14. Annual report, 10 Jul 2026, page 96
  15. 15. Annual report, 10 Jul 2026, page 33
  16. 16. Annual report, 10 Jul 2026, page 96
  17. 17. Earnings call, 11 Aug 2026, page 3
  18. 18. Investor presentation, 23 Aug 2026, page 17
  19. 19. Investor presentation, 23 Aug 2026, page 5
  20. 20. Annual report, 10 Jul 2026, page 93
  21. 21. Annual report, 10 Jul 2026, page 92
  22. 22. Annual report, 10 Jul 2026, page 95
  23. 23. Earnings call, 11 Aug 2026, page 4
  24. 24. Earnings call, 11 Aug 2026, page 3
  25. 25. Earnings call, 11 Aug 2026, page 6
  26. 26. Annual report, 10 Jul 2026, page 92
  27. 27. Annual report, 10 Jul 2026, page 35
  28. 28. Annual report, 10 Jul 2026, page 36
  29. 29. Annual report, 10 Jul 2026, page 36
  30. 30. Annual report, 10 Jul 2026, page 33
  31. 31. Annual report, 10 Jul 2026, page 13
  32. 32. Annual report, 10 Jul 2026, page 91
  33. 33. Investor presentation, 23 Aug 2026, page 14
  34. 34. Earnings call, 11 Aug 2026, page 6
  35. 35. Investor presentation, 23 Aug 2026, page 26
  36. 36. Investor presentation, 23 Aug 2026, page 27
  37. 37. Earnings call, 11 Aug 2026, page 7
  38. 38. Earnings call, 11 Aug 2026, page 8
  39. 39. Earnings call, 11 Aug 2026, page 17
  40. 40. Earnings call, 11 Aug 2026, page 9
  41. 41. Earnings call, 11 Aug 2026, page 5
  42. 42. Investor presentation, 23 Aug 2026, page 24
  43. 43. Exchange filing, 13 Oct 2026, page 2
  44. 44. Exchange filing, 13 Oct 2026, page 3
  45. 45. Exchange filing, 16 Jun 2026, page 2
  46. 46. Annual report, 10 Jul 2026, page 29
  47. 47. Exchange filing, 28 Sep 2026, page 2
  48. 48. Exchange filing, 13 Oct 2026, page 2
  49. 49. Annual report, 10 Jul 2026, page 39
  50. 50. Annual report, 10 Jul 2026, page 92

Results

Consolidated; ₹ crore.Zydus Lifesciences quarterly results

Revenue growth, 12 months
+21.1%
Net profit growth, 12 months
−1.3%

Quarter to Jun 2026, against the quarter before

Revenue
₹8,017 Crup 5.67%
Net profit
₹990 Crdown 26.16%
Net margin
12.4%

Revenue by quarter

₹5,237 CrSep 24₹5,269 CrDec 24₹6,528 CrMar 25₹6,574 CrJun 25₹6,123 CrSep 25₹6,865 CrDec 25₹7,587 CrMar 26₹8,017 CrJun 26
Peak revenue ₹8,017 Cr, quarter to Jun 2026; lowest ₹5,237 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹920 CrSep 24₹1,026 CrDec 24₹1,244 CrMar 25₹1,521 CrJun 25₹1,239 CrSep 25₹1,023 CrDec 25₹1,341 CrMar 26₹990 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue5,2375,2696,5286,5746,1236,8657,5878,017
Net profit9201,0261,2441,5211,2391,0231,341990
Net margin17.6%19.5%19.1%23.1%20.2%14.9%17.7%12.4%
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

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Pharmaceuticals₹22,412 Crup 9.09%82.6%
  • Consumer products₹3,954 Crup 46.57%14.6%
  • Medical technologies₹782 Cr2.9%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018, Mar 2022 and Mar 2023: days before it are of the company before the change.Zydus Lifesciences PE ratio and valuation

Price to earnings

At or below today's level on 60% of 2,479 trading days over the last 10 years.

LowestHighest
Its median22.10Industry median28.38
Price to book

At or below today's level on 82% of 1,979 trading days since Nov 2018.

LowestHighest
Its median3.73Industry median2.97
Dividend yield

At or below today's level on 8% of 2,479 trading days over the last 10 years.

LowestHighest
Its median0.76%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−1.6%+11.4%−11.8%0.1%
3 years+21.6%+37.4%−11.9%0.6%
5 years+15.3%+19.2%−3.8%0.7%
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. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Zydus Lifesciences shareholding pattern

Shareholding by group

  • Promoters75.01%
  • Foreign institutions7.05%
  • Indian institutions11.28%
  • Individuals and others6.66%
Holder
Zydus Family Trust (Pankaj R. Patel, Pritiben P. Patel and Sharvil P. Patel-Trustees)Promoter74.98%
Life Insurance Corporation of IndiaInsurance companies3.77%
Arati Rajiv MehtaPromoter0.01%
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 +0.17 pts, Indian institutions +0.01 pts, mutual funds +1.76 pts.

Mutual fund holdings

207 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 120 of the 145 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. 2 more funds filed their first portfolio on record, holding it.All 207 funds holding Zydus Lifesciences

Bought for the first time
7
Bought again
6
Added
76
Cut
69
Held unchanged
47
Sold out
7
Fund
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund1,92,62,7841.54%₹2,238.3 Cr
Kotak Mahindra Mutual Fund logoKotak Flexi Cap FundKotak Mahindra Mutual Fund1,04,11,6152.28%₹1,209.8 Cr
HSBC Mutual Fund logoHSBC Midcap FundHSBC Mutual Fund40,78,9832.82%₹474.0 Cr
Bandhan Mutual Fund logoBandhan Large & Mid Cap FundBandhan Mutual Fund29,57,5481.66%₹343.7 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund24,81,0160.38%₹288.3 Cr
quant Mutual Fund logoquant Multi Cap Fundquant Mutual Fund23,63,4483.66%₹274.6 Cr
quant Mutual Fund logoquant Mid Cap Fundquant Mutual Fund20,62,8003.13%₹239.7 Cr
quant Mutual Fund logoquant ELSS Tax Saver Fundquant Mutual Fund18,08,8291.60%₹210.2 Cr
quant Mutual Fund logoquant Aggressive Hybrid Fundquant Mutual Fund17,44,7859.62%₹202.7 Cr
quant Mutual Fund logoquant Flexi Cap Fundquant Mutual Fund17,31,9232.75%₹201.2 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 29 Oct 2025.Zydus Lifesciences insider trading

Bought on the market Sold on the market
  • Promoters and promoter group1 purchase, 0 sales₹0.10 CrNo saleNet₹0.10 Cr1 pledge filing of unclear kind · 14 off-market moves
  • Directors and key managers: no market trade · 1 off-market move
  • Others: no market trade · 2 off-market moves
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.

Zydus Lifesciences competitors and peers

Pharmaceuticals, 215 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Zydus Lifesciences 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
Sun Pharmaceutical Industries logoSun Pharmaceutical IndustriesSUNPHARMA4,22,52334.935.06+11.4%+16.6%15.5%16.9%0.91%
Divi's Laboratories logoDivi's LaboratoriesDIVISLAB2,56,54987.7115.31+16.3%+26.8%18.4%20.8%0.31%
Torrent Pharmaceuticals logoTorrent PharmaceuticalsTORNTPHARM1,74,20882.029.48+42.1%−0.7%15.8%12.0%0.83%
Laurus Labs logoLaurus LabsLAURUSLABS1,21,246110.8922.88+22.6%+114.9%22.4%19.8%0.09%
Dr. Reddy's Laboratories logoDr. Reddy's LaboratoriesDRREDDY1,12,26440.102.89−3.5%−51.5%7.5%6.0%0.59%
Cipla logoCiplaCIPLA1,09,70937.873.10−0.7%−46.8%8.5%9.7%0.96%
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%
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.Zydus Lifesciences dividend history

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

3.2Mar 173.5Mar 183.5Mar 193.5Mar 203.5Mar 212.5Mar 226Mar 233Mar 2411Mar 251Mar 26
Highest ₹11.00 a share, year to Mar 2025.
Ex-dateTypePer share
24 Jul 2026Final₹1.00
25 Jul 2025Final₹11.00
26 Jul 2024Final₹3.00
28 Jul 2023Final₹6.00
28 Jul 2022Final₹2.50
28 Jul 2021Final₹3.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Zydus Lifesciences announcements

Zydus Lifesciences share price by year

Each calendar year to 2025.Zydus Lifesciences share price history

YearClose at year endChangeHighest closeLowest close
2025914.35−5.9%1,047.85822.10
2024971.70+41.0%1,300.90699.15
2023689.20+64.1%689.20420.10
2022419.95−13.1%477.25330.10
2021483.15+1.3%664.95419.75
2020476.75+87.5%489.50236.90
2019254.30−27.0%355.90213.85
2018348.45−19.6%452.00337.40
2017433.50+21.5%549.15349.60
2016356.65+8.9%424.50296.55
₹ 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 20261,167.001,184.301,155.901,175.501,176.885,66,90052.1%
27 Oct 20261,155.001,181.001,150.601,172.901,171.9912,72,26851.4%
26 Oct 20261,129.401,160.401,093.501,160.401,139.7824,28,38729.7%
23 Oct 20261,138.001,143.501,118.901,129.401,126.3415,03,62852.1%
22 Oct 20261,116.001,138.501,100.301,135.001,127.2013,58,08851.1%
21 Oct 20261,113.701,126.901,106.001,117.301,112.917,46,59450.9%
19 Oct 20261,116.401,134.201,110.301,113.901,121.072,53,44844.0%
16 Oct 20261,140.101,146.501,123.001,123.001,130.6015,98,90665.1%
15 Oct 20261,121.001,150.801,114.701,140.201,135.4711,27,61350.2%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
6 Oct 2015Split0.2000Each share became 5.
5 Apr 2010Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Pankaj Ramanbhai Patel
At the end of the quarter to Sep 2026
Managing director
Sharvil Pankajbhai Patel
At the end of the quarter to Sep 2026
NSE symbol
ZYDUSLIFE
BSE code
532321
ISIN
INE010B01027
Industry
Pharmaceuticals & Biotechnology
Former symbols
CADILAHC
CIN
L24230GJ1995PLC025878
Corporate identity number, the registrar of companies' code for it
Incorporated
1995
Registered office
Zydus Corporate Park, Scheme No. 63, Survey No. 536, Khoraj (Gandhinagar), Sarkhej - Gandhinagar Highway, Nr. Vaishnodevi Circle, Ahmedabad 382481, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments