Jubilant Pharmova (JUBLPHARMA)₹966.00+2.44%Pharmaceuticals
In the Jun 2026 quarter (consolidated), Jubilant Pharmova reported sales of ₹2,234 Cr, up 17.3% from Jun 2025, and net profit of ₹56.07 Cr, down 45.1% year on year. For the year to Mar 2026, sales were ₹8,307 Cr and net profit ₹398 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,685 | 1,681 | 1,764 | 1,737 | 1,757 | 1,825 | 1,934 | 1,904 | 1,971 | 2,129 | 2,297 | 2,234 |
| Expenses | 1,439 | 1,458 | 1,488 | 1,480 | 1,464 | 1,536 | 1,583 | 1,611 | 1,626 | 1,832 | 1,951 | 1,980 |
| Operating Profit | 241 | 217 | 270 | 251 | 288 | 286 | 344 | 289 | 340 | 288 | 338 | 247 |
| OPM % | 14.1% | 13.1% | 15.0% | 15.0% | 17.1% | 16.1% | 18.1% | 15.0% | 17.0% | 14.0% | 15.0% | 11.0% |
| Other Income | 19.08 | 49.23 | −152 | 411 | 8.03 | −10.04 | 9.04 | 12.05 | 4.02 | −19.07 | 10.04 | 20.07 |
| Interest | 66.18 | 71.12 | 73.13 | 71.11 | 61.14 | 56.09 | 53.10 | 49.12 | 50.08 | 56.12 | 56.13 | 54.08 |
| Depreciation | 97.22 | 95.15 | 101 | 91.15 | 91.09 | 91.19 | 95.10 | 98.20 | 105 | 121 | 117 | 127 |
| Profit before tax | 97.65 | 101 | −53.85 | 498 | 144 | 130 | 205 | 153 | 189 | 92.65 | 175 | 85.72 |
| Tax % | 36.9% | 33.9% | 14.9% | 4.0% | 28.9% | 22.9% | 27.0% | 33.9% | 37.0% | 39.9% | 32.0% | 35.0% |
| Exceptional items | 0.00 | 0.00 | −60.93 | 374 | −9.98 | −13.96 | −0.99 | 0.00 | −3.99 | −23.95 | −8.98 | 0.00 |
| Net Profit | 62.06 | 66.06 | −62.05 | 483 | 102 | 101 | 151 | 102 | 120 | 56.05 | 119 | 56.07 |
| EPS (Rs) | 3.91 | 4.18 | −3.67 | 30.25 | 6.44 | 6.32 | 9.65 | 6.45 | 7.54 | 3.50 | 7.51 | 3.56 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,760 | 5,879 | 7,536 | 9,130 | 5,987 | 6,115 | 6,145 | 6,297 | 6,721 | 7,254 | 8,307 | 8,631 |
| Expenses | 4,494 | 4,510 | 5,993 | 7,364 | 4,428 | 4,697 | 4,977 | 5,500 | 5,807 | 6,058 | 7,019 | 7,390 |
| Operating Profit | 1,251 | 1,347 | 1,516 | 1,738 | 1,543 | 1,399 | 1,146 | 777 | 898 | 1,169 | 1,256 | 1,213 |
| OPM % | 22.1% | 23.1% | 20.0% | 19.0% | 26.0% | 23.1% | 19.1% | 12.0% | 13.0% | 16.1% | 15.0% | 14.1% |
| Other Income | 4.01 | 19.09 | 36.15 | −250 | 226 | 264 | 8.03 | −9.04 | −76.35 | 418 | 7.03 | 15.06 |
| Interest | 372 | 342 | 285 | 221 | 200 | 185 | 145 | 189 | 273 | 240 | 212 | 216 |
| Depreciation | 347 | 292 | 416 | 372 | 341 | 349 | 383 | 555 | 383 | 369 | 441 | 471 |
| Profit before tax | 540 | 736 | 856 | 901 | 1,230 | 1,129 | 628 | 27.90 | 170 | 978 | 612 | 543 |
| Tax % | 28.9% | 21.9% | 25.9% | 35.9% | 27.0% | 25.9% | 33.9% | 333.0% | 56.9% | 15.0% | 35.0% | — |
| Exceptional items | −5.98 | −3.99 | −2.99 | −165 | −23.96 | −20.95 | −1.99 | 328 | 31.97 | 439 | −36.94 | −36.92 |
| Net Profit | 388 | 575 | 635 | 578 | 898 | 837 | 413 | −65.11 | 73.06 | 837 | 398 | 351 |
| EPS (Rs) | 24.59 | 36.15 | 40.36 | 36.07 | 56.34 | 52.45 | 25.96 | −3.82 | 4.83 | 52.70 | 25.03 | 22.11 |
| Dividend payout % | 12.0% | 8.0% | 7.0% | 12.0% | 9.0% | 10.0% | 19.0% | −130.0% | 102.0% | 9.0% | 20.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.98 | 16.00 | 15.98 | 16.00 | 15.98 | 16.00 | 16.01 | 16.00 | 15.99 | 16.01 | 16.01 | 15.98 |
| Reserves | 2,435 | 2,950 | 3,416 | 4,067 | 4,785 | 5,584 | 4,724 | 5,300 | 5,377 | 5,412 | 6,233 | 7,059 |
| Borrowings | 4,799 | 4,500 | 4,053 | 3,479 | 4,844 | 4,816 | 2,837 | 3,199 | 3,684 | 3,671 | 2,736 | 3,620 |
| Other Liabilities | 1,377 | 1,286 | 1,421 | 1,911 | 1,678 | 1,907 | 1,198 | 1,325 | 1,862 | 2,251 | 3,615 | 4,584 |
| Total Liabilities | 8,628 | 8,753 | 8,907 | 9,472 | 11,324 | 12,323 | 8,774 | 9,841 | 10,939 | 11,350 | 12,600 | 15,279 |
| Fixed Assets | 4,924 | 5,122 | 5,122 | 5,421 | 5,664 | 6,360 | 4,625 | 4,886 | 5,202 | 5,106 | 5,194 | 6,984 |
| CWIP | 597 | 611 | 684 | 671 | 901 | 769 | 898 | 1,091 | 1,562 | 2,105 | 3,633 | 4,040 |
| Investments | 39.99 | 85.01 | 103 | 124 | 115 | 68.98 | 241 | 239 | 256 | 42.02 | 44.02 | 61.01 |
| Other Assets | 3,066 | 2,934 | 2,999 | 3,257 | 4,643 | 5,125 | 3,010 | 3,625 | 3,919 | 4,095 | 3,730 | 4,194 |
| Inventories | 1,239 | 1,207 | 1,224 | 1,396 | 1,423 | 1,851 | 1,133 | 1,259 | 1,385 | 1,295 | 1,133 | 1,237 |
| Trade receivables | 818 | 950 | 1,004 | 1,130 | 1,272 | 1,293 | 820 | 927 | 961 | 915 | 892 | 1,069 |
| Cash & equivalents | 392 | 344 | 458 | 248 | 1,365 | 1,395 | 668 | 981 | 1,010 | 953 | 1,084 | 1,263 |
| Total Assets | 8,628 | 8,753 | 8,907 | 9,472 | 11,324 | 12,323 | 8,774 | 9,841 | 10,939 | 11,350 | 12,600 | 15,279 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 785 | 1,102 | 1,271 | 1,306 | 1,125 | 1,548 | 1,790 | 840 | 663 | 975 | 1,076 | 1,231 |
| Cash from investing activity | −363 | −310 | −466 | −616 | −1,022 | −268 | −730 | −324 | −475 | −598 | 514 | −1,146 |
| Cash from financing activity | −502 | −840 | −685 | −900 | 656 | −1,047 | −1,706 | −32.91 | −157 | −431 | −1,449 | 94.75 |
| Net cash flow | −81.95 | −51.96 | 117 | −212 | 760 | 225 | −651 | 481 | 29.98 | −57.94 | 132 | 179 |
| Capex | 376 | 343 | 466 | 490 | 658 | 576 | 529 | 602 | 816 | 901 | 1,119 | 1,454 |
| Free cash flow | 433 | 759 | 805 | 817 | 472 | 973 | 1,268 | 240 | −135 | 82.83 | −37.93 | −120 |
| CFO / OP % | 141.0% | 91.0% | 104.0% | 103.0% | 84.0% | 116.0% | 155.0% | 90.0% | 111.0% | 131.0% | 112.0% | 114.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 51 | 59 | 62 | 54 | 50 | 78 | 48 | 54 | 55 | 49 | 44 | 46 |
| Inventory days | 170 | 208 | 224 | 178 | 148 | 464 | 269 | 309 | 269 | 221 | 179 | 171 |
| Days payable | 99 | 106 | 137 | 145 | 106 | 273 | 124 | 139 | 160 | 146 | 158 | 170 |
| Cash conversion cycle | 122 | 162 | 149 | 87 | 92 | 268 | 194 | 224 | 165 | 124 | 65 | 47 |
| Working capital days | 12 | 4 | 50 | 45 | 45 | 62 | 74 | 56 | 57 | 56 | 16 | 13 |
| ROCE % | 6.0% | 12.9% | 14.9% | 15.0% | 15.9% | 15.0% | 12.0% | 9.9% | 3.0% | 7.0% | 10.0% | 8.9% |
For the Jun 2026 quarter, Jubilant Pharmova reported sales of ₹2,234 Cr, up 17.3% year on year and net profit of ₹56.07 Cr, down 45.1% year on year. The operating margin was 11.0%.
Jubilant Pharmova's sales for the year to Mar 2026 were ₹8,307 Cr; over the last twelve months they were ₹8,631 Cr.
Net profit for the year to Mar 2026 was ₹398 Cr, and ₹351 Cr over the last twelve months. Earnings per share over the same trailing period were ₹22.11.
Jubilant Pharmova reported borrowings of ₹3,620 Cr at Mar 2026, against cash and equivalents of ₹1,263 Cr.
Cash from operations was ₹1,231 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹120 Cr.