BSECompany Update7h ago · 23 Jul 2026, 12:39 pm
Please find attached press release for Q1FY27 financial results
Cipla Ltd · 500087
✦ AI Summary▲ PositiveResults
Cipla Ltd announced its Q1FY27 financial results, with a 12% YoY growth in revenue, driven by a solid growth in One-India business and a robust growth in Branded Prescription business. The company delivered a net cash position of INR 9,494 Cr and a strong R&D investments of INR 486 Cr, accounting for 6.8% of sales. The company also announced the launch of new products and the expansion of its presence in high-growth therapy areas.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Cipla Ltd - 500087 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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23rd July, 2026
(1) BSE Ltd (2) National Stock Exchange of India Ltd
Listing Department Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th floor,
Dalal Street, Plot no. C/1, G Block,
Mumbai - 400 001 Bandra Kurla Complex,
Bandra (East), Mumbai - 400 051
Scrip Code: 500087 Scrip Symbol: CIPLA
(3) SOCIETE DE LA BOURSE DE LUXEMBOURG
Societe Anonyme
35A Boulevard Joseph II,
L-1840 Luxembourg
Sub: Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
we are enclosing herewith the Press Release dated 23rd July, 2026.
Kindly take the above information on record.
Thanking you,
Yours faithfully,
For Cipla Limited
Rajendra Chopra
Company Secretary
Encl: As above
Prepared by: Simona Dsouza
Cipla Ltd.
Regd. Office - Cipla House, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai-400 013, India
P +91 22 41916000 W www.cipla.com E-mail contactus@cipla.com Corporate Identity Number L24239MH1935PLC002380
` Q1 FY27 Results
One India Delivered Highest-ever quarterly Revenue with further Growth Acceleration
Income from Operations EBITDA PAT
INR 1,192 Cr INR 789 Cr
INR 7,119 Cr
FY27: (16.7%) (11.1%)
Mumbai, July 23, 2026: Cipla Limited (BSE: 500087, NSE: CIPLA) today announced its unaudited
consolidated financial results for the quarter ended June 30th, 2026.
Key Highlights for the Quarter
▪ One-India: The business recorded highest quarterly sales with a solid growth of 12% YoY. Overall
Chronic mix improved to 60.4% in the market#.
▪ North America: Delivered quarterly revenue of $ 162 Mn.
▪ One Africa: Prescription business ranked No. 2 in the market*.
▪ Emerging Markets and Europe: Delivered quarterly revenue above $100Mn+, recording a 5% YoY
growth in USD terms.
▪ R&D investments: Stood at INR 486 Cr, accounting for 6.8% of sales, up 12.3% YoY, driven by
increased product filings and development initiatives.
▪ Strong net cash: Net cash position of INR 9,494 Cr; Debt primarily includes lease liabilities and
working capital requirements.
#Market data as per IQVIA MAT June’26 *Market data as per IQVIA MAT May’26
“We are pleased to share that we continue to make considerable progress across our focused markets. In
Q1FY27, we delivered global revenues of INR 7,119 Cr. Our One-India business grew at solid 12% YoY. Branded
Prescription business delivered a robust growth, with key therapies outpacing the market, Trade Generics
recorded healthy growth and Anchor brands of Consumer Health Business maintained leadership position.
The US business posted a revenue of $ 162 Mn during the quarter. We expect continued sequential growth in
North America, supported by upcoming product pipeline. South Africa private business continued to grow
faster than the market. Emerging Markets and Europe continued its growth trajectory with revenue growth of
5% YoY in USD terms on the back of deep market focus strategy. Going ahead, the focus will be on growing
our key markets, further building our flagship brands, investing in future pipeline as well as focusing on
resolutions on the regulatory front.”
Achin Gupta
MD and Global CEO, Cipla Ltd
For Queries Contact:
Corporate Communications Investor Relatio ns Cipla Ltd.
Heena Kanal Diksha Maheshwari Cipla House,
CorpComm@cipla.com Investor.Relations@cipla.com Peninsula Business Park,
Ganpatrao Kadam Marg,
Lower Parel, Mumbai-400013
Market Updates
❖ One India Business
Branded Prescription:
Delivered market# growth of 15.4%, 183 bps higher than IPM. Key therapies like Respiratory,
Urology, Cardiac and Anti-diabetes grew at strong double-digit market# growth, with the overall
Chronic mix being improved to 60.4%.
Trade Generics:
The business recorded a healthy growth YoY. The performance was supported by execution
excellence in distribution and new introductions. The business launched 3 new products during the
quarter.
Consumer Health:
Anchor brands of Nicotex, Omnigel and Cipladine maintained leadership positions in their
respective market segments.
❖ North America
Delivered quarterly revenue of $ 162 Mn. Albuterol ranked No. 1 in the overall U.S. Albuterol MDI
market, with a 21% market share*. During the quarter, the business launched gVentolin following
regulatory approval received last quarter, with commercial shipments commenced and volumes
expected to increase gradually as supply ramps up. This was complemented with launch of
Nintedanib and Dapagliflozin, expanding our presence in high-growth therapy areas.
❖ One Africa
In South Africa Private Market secondary growth was at 6.5% versus the market** growth of 5.7%.
The prescription business maintained its No.2 position.
❖ Emerging Markets and Europe
Deep market focus strategy in Emerging Markets and Europe has laid a solid foundation, with the
business delivering a growth of 5% YoY in USD terms with an uptick in both DTM and B2B
categories, along with sustained overall margins.
#Market data as per IQVIA, Quarter ended June 2026|*Market data as per IQVIA week ending 26th June’26 |** Market data as per
IQVIA MAT May’26
QUARTERLY BUSINESS WISE SALES PERFORMANCE
Y-o-Y
Business (In INR Cr) Q1FY27 Q1FY26
Growth
India (Rx + Gx + CHL^) 3,452 3,070 12%
North America 1,532 1,933 -21%
One Africa# 977 871 12%
South Africa 658 695 -5%
Emerging Markets and Europe 999 861 16%
API and Others 160 222 -28%
Total 7,119 6,957 2%
^ CHL – Cipla Health limited |# Includes South Africa, North Africa, Sub-Saharan Africa and Cipla Global Access
CONSOLIDATED PROFIT & LOSS STATEMENT
In INR Cr Q1FY27 Q1FY26
Total Income from Operations 7,119 6,957
EBITDA 1,192 1,778
% of Income from Operations 16.7% 25.6%
PAT 789 1,298
BALANCE SHEET
Key Balance Sheet Items (INR Cr) June-26 June-25
Equity 34,443 32,665
Total Debt# 600 459
Inventory 6,714 6,091
Cash and Cash Equivalents* 10,094 10,838
Trade Receivables 5,948 6,254
Trade Payables 3,446 3,093
Net Tangible Assets 7,889 6,669
Goodwill and Intangibles 6,928 5,138
#Total debt includes lease liabilities and borrowings| * Cash & cash equivalents include current investments, fixed deposits, margin
deposits and excluding unclaimed dividend balances
Announcement
Cipla to release Q1FY27 unaudited Financial Results on July 23, 2026
Date: July 23, 2026
• 1600 hrs IST – EARNINGS CONFERENCE CALL
The Company will host an earnings conference call at 1600 hrs IST (1830 hrs SST/HKT, 1030 hrs GMT,
0530 hrs US ET), during which the leadership team will discuss financial performance and take
questions. A transcript of the conference call will be available at www.cipla.com.
Earnings Conference Call Dial-in Information
Date and Time July 23, 2026 at
1600 – 1700 hrs IST
1830 – 1930 hrs SST/HKT
1030 – 1130 hrs GMT
0530 – 0630 hrs US ET
Dial-in Numbers
Universal Access Primary Access: (+91 22 6280 1562)
(+91 22 7115 8387)
Diamond pass link Click here to register
Toll Free Number USA: 18667462133
UK: 08081011573
Hong Kong: 800964448
Singapore: 8001012045
ABOUT CIPLA LTD
Established in 1935, Cipla is a global pharmaceutical company focused on agile and sustainable growth, complex
generics, and deepening portfolio in our home markets of India, South Africa, North America, and key regulated and
emerging markets. Our strengths in the respiratory, anti-retroviral, urology, cardiology, anti-infective and CNS segments
are well-known. Our 46 manufacturing sites around the world produce 50+ dosage forms and 1,500+ products using
cutting-edge technology platforms to cater to our 80+ markets. Cipla is ranked 3rd largest in pharma in India (IQVIA
MAT June’26), 2nd Largest in the pharma prescription market in South Africa (IQVIA MAT May’26), and 2nd largest by
prescription in the US Gx (Repulses + MDI) products (IQVIA MAT June’26). For over eight decades, making a difference
to patients has inspired every aspect of Cipla’s work. Our paradigm-changing offer of a triple anti-retroviral therapy in
HIV/AIDS at less than a dollar a day in Africa in 2001 is widely acknowledged as having contributed to bring
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