Shilpa Medicare quarterly results and financials

Shilpa Medicare (SHILPAMED)₹933.85−2.08%(9 Nov 2026 close)Pharmaceuticals

Key facts

In the Jun 2026 quarter (consolidated), Shilpa Medicare reported sales of ₹464 Cr, up 45.1% from Jun 2025, and net profit of ₹101 Cr, up 114.9% year on year. For the year to Mar 2026, sales were ₹1,533 Cr and net profit ₹243 Cr.

Sales (Jun 2026): ₹464 Cr
Net profit (Jun 2026): ₹101 Cr
Sales (FY Mar 2026): ₹1,533 Cr
Net profit (FY Mar 2026): ₹243 Cr
EPS (Jun 2026): ₹5.15
Borrowings (Mar 2026): ₹661 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Shilpa Medicare quarterly results

₹ crore unless stated; each column is a quarter.

Shilpa Medicare Quarterly results
	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	312	286	291	292	343	318	330	320	369	408	435	464
Expenses	256	223	223	223	259	240	253	232	263	297	318	331
Operating Profit	57.73	64.73	69.77	69.70	85.68	80.63	78.66	90.60	108	114	119	136
OPM %	19.0%	23.0%	24.0%	24.0%	25.0%	25.0%	24.0%	28.0%	29.0%	28.0%	27.0%	29.0%
Other Income	1.99	1.99	8.98	9.98	4.99	1.99	−20.95	5.99	1.99	−12.97	44.94	8.98
Interest	22.98	25.96	23.99	23.97	25.99	11.99	13.99	18.97	15.98	10.99	13.98	11.99
Depreciation	28.06	27.08	27.06	27.08	28.09	29.05	29.08	29.06	30.08	30.07	31.08	35.07
Profit before tax	9.01	14.01	27.98	28.99	37.01	41.97	15.01	49.98	64.01	61.04	120	97.97
Tax %	82.9%	66.9%	11.9%	50.9%	50.9%	23.9%	5.0%	5.0%	32.0%	27.0%	9.9%	−3.0%
Exceptional items	0.00	0.00	4.01	0.00	0.00	0.00	−20.01	0.00	0.00	−8.99	22.02	0.00
Net Profit	1.99	4.99	23.96	13.98	17.98	31.97	14.99	46.96	43.95	44.97	108	101
EPS (Rs)	0.08	0.25	1.40	0.71	0.91	1.61	0.73	2.39	2.24	2.27	5.50	5.15

Shilpa Medicare profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Shilpa Medicare Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	716	776	786	731	905	896	1,136	1,042	1,141	1,277	1,533	1,676
Expenses	568	616	636	587	691	721	943	951	910	968	1,107	1,209
Operating Profit	152	164	154	147	218	180	201	98.65	238	315	433	476
OPM %	21.0%	21.0%	20.0%	20.0%	24.0%	20.0%	18.0%	9.0%	21.0%	25.0%	28.0%	28.4%
Other Income	4.99	14.98	21.96	32.93	16.97	89.82	20.95	16.98	14.97	−4.99	38.95	42.94
Interest	6.99	2.99	2.99	3.99	4.99	21.99	40.99	58.97	91.97	75.92	58.93	52.94
Depreciation	29.08	31.07	37.09	42.10	44.10	54.13	80.27	96.32	108	113	120	126
Profit before tax	122	146	137	136	188	195	102	−37.99	53.97	122	295	343
Tax %	18.9%	28.9%	25.0%	18.9%	17.9%	24.9%	41.0%	−19.1%	40.9%	35.9%	17.9%	—
Exceptional items	0.00	4.01	8.99	16.01	0.00	44.99	4.01	0.00	1.01	−10.01	10.01	13.03
Net Profit	98.93	104	103	110	155	146	60.90	−30.94	31.94	77.93	243	298
EPS (Rs)	6.71	6.70	6.43	6.86	9.55	9.04	3.48	−1.86	1.83	3.99	12.41	15.16
Dividend payout %	4.0%	4.0%	5.0%	7.0%	6.0%	6.0%	16.0%	0.0%	0.0%	12.0%	5.0%	—

Shilpa Medicare balance sheet

₹ crore, at each year end.

Shilpa Medicare Balance sheet
	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	8.03	8.03	8.02	8.03	8.02	8.02	8.01	9.02	9.02	9.03	10.02	20.06
Reserves	540	641	981	1,080	1,191	1,322	1,473	1,818	1,778	1,803	2,365	2,577
Borrowings	189	222	241	191	194	390	847	684	800	939	589	661
Other Liabilities	168	193	243	222	217	269	307	368	321	345	349	453
Total Liabilities	906	1,064	1,473	1,501	1,611	1,990	2,634	2,879	2,908	3,096	3,313	3,710
Fixed Assets	317	582	493	536	560	652	1,114	1,345	1,372	1,389	1,422	2,051
CWIP	221	94.81	141	210	428	665	539	505	653	717	820	430
Investments	66.04	53.01	253	140	1.99	9.99	20.99	33.98	43.03	40.01	35.02	58.04
Other Assets	301	334	588	616	621	662	959	994	839	951	1,037	1,171
Inventories	130	163	189	188	187	225	316	354	319	344	347	366
Trade receivables	80.71	84.78	170	219	203	246	217	384	323	390	439	518
Cash & equivalents	17.92	15.94	99.65	73.75	94.59	44.84	123	33.88	21.91	31.88	28.88	44.81
Total Assets	906	1,064	1,473	1,501	1,611	1,990	2,634	2,879	2,908	3,096	3,313	3,710

Shilpa Medicare cash flow

₹ crore, for each year.

Shilpa Medicare Cash flow
	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	68.80	129	36.89	44.87	147	124	46.85	105	180	137	132	341
Cash from investing activity	−196	−106	−257	−10.01	−196	−290	−404	−286	−232	−171	−198	−326
Cash from financing activity	136	−20.03	313	−61.15	10.02	176	437	83.16	46.06	47.11	63.11	14.02
Net cash flow	8.97	2.99	92.73	−25.90	−38.88	9.98	78.76	−97.67	−6.97	12.96	−2.99	29.89
Capex	145	117	117	138	80.92	349	354	332	227	185	244	371
Free cash flow	−73.89	11.97	−78.80	−91.85	−151	−219	−302	−226	−45.90	−47.94	−111	−14.97
CFO / OP %	73.0%	103.0%	43.0%	55.0%	123.0%	76.0%	52.0%	69.0%	215.0%	74.0%	57.0%	93.0%

Shilpa Medicare ratios

Working-capital days and returns, by year.

Shilpa Medicare Ratios
	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	48	43	80	102	101	99	88	124	113	125	126	123
Inventory days	147	161	187	194	266	298	427	338	280	309	309	291
Days payable	84	100	109	105	114	121	90	138	124	155	84	112
Cash conversion cycle	111	104	157	189	253	275	425	323	268	278	350	301
Working capital days	34	28	80	99	99	69	73	78	−12	49	82	52
ROCE %	18.0%	15.9%	13.9%	9.9%	9.0%	11.9%	8.0%	6.0%	1.0%	5.0%	7.9%	10.9%

Shilpa Medicare: frequently asked questions

What are the latest quarterly results of Shilpa Medicare?

For the Jun 2026 quarter, Shilpa Medicare reported sales of ₹464 Cr, up 45.1% year on year and net profit of ₹101 Cr, up 114.9% year on year. The operating margin was 29.0%.

What is the annual revenue of Shilpa Medicare?

Shilpa Medicare's sales for the year to Mar 2026 were ₹1,533 Cr; over the last twelve months they were ₹1,676 Cr.

What is the net profit of Shilpa Medicare?

Net profit for the year to Mar 2026 was ₹243 Cr, and ₹298 Cr over the last twelve months. Earnings per share over the same trailing period were ₹15.16.

How much debt does Shilpa Medicare have?

Shilpa Medicare reported borrowings of ₹661 Cr at Mar 2026, against cash and equivalents of ₹44.81 Cr.

What is the free cash flow of Shilpa Medicare?

Cash from operations was ₹341 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹14.97 Cr.

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