CIPLA · NSE

Cipla Limited

₹1,394.5

+1.32% (+₹18.2)

Prev. close

₹1,376.3

Volume

13,86,584

Delivery %

68.0%

As of

18 Sept 2026

Price history

Bullish

Citi Analysis · Citigroup Inc. · 26 Aug 2026

Maintained 'Buy' rating on Cipla with a target price of ₹1,700, implying a 20.1% upside from Tuesday's closing price of ₹1,415. Citi expects the latest USFDA observations at the Pithampur facility to have no impact on near- to medium-term earnings, as key pipeline approvals are linked to other facilities. A resolution of regulatory issues at Pithampur would be a significant longer-term positive for managing key respiratory product supplies.

Target ₹1,700PENDINGCall pageClear
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Citi Analysis's call · 26 Aug 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Maintained 'Buy' rating on Cipla with a target price of ₹1,700, implying a 20.1% upside from Tuesday's closing price of …Citi AnalysisCitigroup Inc.CiplaPENDING
Maintained 'Buy' rating on Cipla with a target price of ₹1,700, implying a 20.1% upside from Tuesday's closing price of ₹1,415. Citi expects the latest USFDA observations at the Pithampur facility to have no impact on near- to medium-term earnings, as key pipeline approvals are linked to other facilities. A resolution of regulatory issues at Pithampur would be a significant longer-term positive for managing key respiratory product supplies.
Rating & targetTarget ₹1,700Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Cipla Limited

Cipla Limited, together with its subsidiaries, manufactures, develops, sells, and distributes pharmaceutical products in India, the United States, South Africa, and internationally. It offers generic and branded generic medicines, vaccines, active pharmaceutical ingredients, and formulations for various therapeutic areas, such as MI, angina, heart disease, pulmonary disease, kidney disorders, alzheimer's disease, hypertension, arrhythmia, lipid abnormalities and diabetes, obesity, central nervous system, HIV/AIDS, respiratory, asthma, urology, oncology, cardio-metabolism, child health, infectious diseases and critical care, hepatitis, women's health, ophthalmology, and neuro psychiatry. The company is also involved in the consumer healthcare, biosimilars, and specialty businesses. Cipla Limited was incorporated in 1935 and is based in Mumbai, India.

Details

Sector

Healthcare

Industry

Drug Manufacturers - Specialty & Generic

CEO

Mr. Achin Gupta

Headquarters

Mumbai

Employees

31,369

Website

cipla.com

Key stats

Market cap

₹1.11 L Cr

P/E ratio (TTM)

33.0

Dividend yield

0.96%

EPS (TTM)

₹41.69

Beta (1Y · daily vs NIFTY 50)

0.63

Beta (5Y · monthly vs NIFTY 50)

0.67

Shares float

56.97 Cr

EPS · quarter ended Jun 2026

₹9.76

Upcoming earnings

29 Oct 2026

Financial Performance

01 · Financials

0 Cr10000 Cr20000 Cr30000 Cr0%5%10%15%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0255075FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

05101520-100%-50%0%50%100%19 Mar 2009 Aug 2108 Aug 2221 Jul 2302 Aug 2427 Jun 2505 Jun 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr20000 Cr40000 Cr60000 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr20000 Cr40000 Cr60000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹19,159.59 Cr₹21,763.34 Cr₹22,753.12 Cr₹25,774.09 Cr₹27,547.62 Cr₹28,162.59 Cr
EBITDA₹4,518.42 Cr₹4,651.57 Cr₹5,152.10 Cr₹6,842.80 Cr₹7,860.28 Cr₹6,355.48 Cr
₹2,404.87 Cr₹2,516.75 Cr₹2,801.91 Cr₹4,121.55 Cr₹5,272.52 Cr₹3,879.23 Cr
Diluted EPS₹29.79₹31.17₹34.69₹51.01₹65.24₹48

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹25,151.89 Cr₹27,101.12 Cr₹29,463.28 Cr₹32,533.00 Cr₹37,334.00 Cr₹42,343.00 Cr
₹2,014.41 Cr₹1,055.78 Cr₹803.12 Cr₹559.41 Cr₹438.19 Cr₹613.77 Cr
Stockholders' equity₹18,326.53 Cr₹20,841.69 Cr₹23,407.78 Cr₹26,706.00 Cr₹31,194.00 Cr₹34,432.00 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3,755.20 Cr₹3,325.90 Cr₹3,238.00 Cr₹4,134.00 Cr₹5,005.00 Cr₹3,940.00 Cr
Investing cash flow₹-2,387.18 Cr₹-1,871.88 Cr₹-2,388.51 Cr₹-2,988.03 Cr₹-3,691.14 Cr₹-2,326.13 Cr
₹-1,329.90 Cr₹-1,599.79 Cr₹-958.29 Cr₹-1,200.43 Cr₹-1,292.79 Cr₹-1,233.65 Cr
Capital expenditure₹-818.92 Cr₹-701.15 Cr₹-1,183.00 Cr₹-1,349.00 Cr₹-1,548.00 Cr₹-3,079.00 Cr
End cash position₹793.29 Cr₹658.11 Cr₹561.33 Cr₹512.34 Cr₹542.65 Cr₹1,015.39 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22Dec 22(3Q)Mar 23Jun 23Mar 24(4Q)Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Jun 26(4Q)
Promoter36.12%36.11%33.63%33.61%33.55%33.47%30.91%30.92%29.19%29.20%29.19%29.21%
Public63.88%63.89%66.37%66.39%66.45%66.53%69.09%69.08%70.81%70.80%70.81%70.79%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Healthcare

Company
Sun Pharmaceutical Industries Limited₹4.48 L Cr₹1,837.337.05.3613.7%0.06+11.9%+11.4%
Divi's Laboratories Limited₹2.47 L Cr₹9,37583.314.7715.3%0.00+12.3%+53.4%
Torrent Pharmaceuticals Limited₹1.83 L Cr₹4,87576.921.8225.8%1.79+21.5%+37.4%
Apollo Hospitals Enterprise Limited₹1.26 L Cr₹8,944.560.413.3020.5%0.90+15.7%+13.9%
Lenskart Solutions Limited₹1.18 L Cr₹707.2179.913.485.6%0.35+35.4%
Zydus Lifesciences Limited₹1.13 L Cr₹1,16025.34.1818.6%0.46+18.4%+10.7%
Cipla Limited₹1.10 L Cr₹1,376.332.53.1911.3%0.02+2.1%-11.8%
Laurus Labs Limited₹1.05 L Cr₹1,95496.419.8616.8%0.48+22.0%+111.6%
Max Healthcare Institute Limited₹1.01 L Cr₹1,049.369.89.3913.4%0.32+19.0%-10.6%
Dr. Reddy's Laboratories Limited₹97,876.16 Cr₹1,18529.62.6011.4%0.21+3.2%-10.4%
Manipal Health Enterprises Limited₹97,364.22 Cr₹738.95146.611.567.8%1.53+18.0%
Aurobindo Pharma Limited₹97,238.87 Cr₹1,73426.42.579.2%0.21+6.4%+53.6%

Ranked by market cap within Healthcare, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

57 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

CIPLA

Pharma sector stocks down today, September 2: Aarti Drugs falls 1.90%, Cipla down 1.18%, Panacea Biotec drops 0.73%

Business Upturn · 17 days ago

CIPLA

Sensex jumps nearly 300 points; ICICI Bank, Eternal surge while Cipla, Tata Steel fall

Cipla Limited's stock fell approximately 1% after the US Food and Drug Administration issued seven observations following an inspection of its Pithampur facility. This decline occurred as Indian equity benchmarks generally rose, supported by falling crude oil prices. The broader market saw gains in banking stocks like ICICI Bank.

24 days ago·Read at newsdrum.in