BSEBoard Meeting2d ago · 7 Nov 2026, 11:59 am
As enclosed.
Divis Laboratories Ltd · 532488
✦ AI Summary▲ PositiveResults
Divis Laboratories Ltd has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company's revenue from operations was Rs. 3,647 crore for the quarter and Rs. 6,621 crore for the half year. The net profit for the quarter was Rs. 1,140 crore and Rs. 2,031 crore for the half year. The company's board of directors has approved the financial results and has enclosed the unaudited standalone financial results, consolidated financial results, and a press release on the financial results.
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Earnings Impact8/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Divis Laboratories Ltd - 532488 - Board Meeting Outcome for Outcome Of Board Meeting Held On 07.11.2026 - Financial Results For The Quarter And Half Year Ended September 30, 2026.
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November 07, 2026
To To
The Secretary The Secretary
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East) Dalal Street
Mumbai – 400 051 Mumbai – 400 001
Trading Symbol: DIVISLAB Scrip Code: 532488
Dear Sir / Madam,
Sub: Outcome of Board Meeting held on November 07, 2026
Ref: Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015
Further to our letter dated October 22, 2026, we would like to inform that the Board of Directors
of the Company at its meeting held on November 07, 2026, has approved, inter alia, the
following items of business:
Financial Results
Approved the unaudited financial results for the quarter and half year ended September 30,
2026. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015, we are enclosing herewith the following:
1. Statement of unaudited standalone financial results for the quarter and half year ended
September 30, 2026 and Limited Review Report of the Statutory Auditors thereon.
2. Statement of unaudited consolidated financial results for the quarter and half year ended
September 30, 2026 and Limited Review Report of the Statutory Auditors thereon.
3. Press release on financial results.
The Board meeting commenced at 10.30 Hrs and concluded at 11.40 Hrs.
This is for your information and records.
Thanking you,
Yours faithfully,
For Divi's Laboratories Limited
M.Satish Choudhury
Company Secretary & Compliance Officer
DIVl'S LABO RAT ORIES LIMITED
STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND HALF YEAR ENDED 30™ SEPTEMBER,2026
(Rs. in Crores)
Quarter ended Half Year ended Year ended
Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
Revenue from operations 3647 2974 2660 6621 5017 10388
Other income 88 63 146 144 265 506
Total income 3735 3037 2806 6765 5282 10894
2 Expenses
a) Cost of materials consumed 1803 1495 907 3298 1896 4260
b) Purchases of stock-in-trade - - - - - -
c) Changes in inventories of
finished goods, work-in-
progress and stock-in-trade (630) (567) 144 (1197) 72 (244)
d) Employee benefits expense 428 397 344 825 674 1400
e) Depreciation and amortisation
expense 142 132 113 274 225 461
f) Finance costs 13 6 8 19 11 23
g) Other expenses 459 409 370 861 737 1484
Total expenses 2215 1872 1886 4080 3615 7384
3 Profit before exceptional Items
and tax (1-2) 1520 1165 920 2685 1667 3510
4 Exceptional items-Impact of new
labour codes - - - - - 74
5 Profit before tax (3-4) 1520 1165 920 2685 1667 3436
6 Tax expense
a) Current tax 370 290 220 660 411 869
b) Deferred tax 10 (16) 4 (6) 3 (40)
Total tax expense 380 274 224 654 414 829
Profit for the period/year (5-6) 1140 891 696 2031 1253 2607
8 Other comprehensive income:
Items that will not be reclassified
to Profit or Loss:
(i) Gain/(Loss) on
Remeasurement of post-
employment benefit obligation 2 2 -* 4 (1) 8
(ii) Income tax relating to the
above -* (I) -* (1) -* (2)
Total other comprehensive
income (i+ii) 2 1 -* 3 (1) 6
9 Total comprehensive income
for the period/year (7+8) 1142 892 696 2034 1252 2613
10 Paid-up Equity Share Capital
(Face Value: Rs. 2/- per share) 53 53 53 53 53 53
11 Other equity excluding
revaluation reserve 16658
12 Earnings per Share #
(Face Value: Rs. 2/-per share)
(not annualized)
a) Basic (Rs.) 42.97 33.55 26.24 76.52 47.19 98.19
b) Diluted (Rs.) 42.97 33.55 26.24 76.52 47.19 98.19
DIVl'S LABORATORIES LIMITED
STATEMENT OF STANDALONE UNAUDITED ASSETS AND LIABILITIES
AS AT 30™ SEPTEMBER,2026
(Rs in Crores)
As at
S.No. Particulars 30.09.2026 31.03.2026
(Unaudited) (Audited)
A ASSETS
1 Non-current assets
Property, plant and equipment 7451 6514
Capital work-in-progress 1638 2113
Intangible assets 15 6
Financial assets
a) Investments 78 76
b) Other financial assets 72 67
Income tax assets (net) - 1
Other non-current assets 257 143
Sub-total: Non-current assets 9511 8920
2 Current assets
Inventories 5325 3711
Financial assets
a) Trade receivables 3705 3228
b) Cash and cash equivalents 248 85
c) Bank balances other than (b) above 1933 3286
d) Other financial assets 6 8
Income-tax assets (net) - 14
Other current assets 1150 702
Sub-total: Current assets 12367 11034
TOTAL ASSETS 21878 19954
B EQUITY AND LIABILITIES
1 Equity
Equity Share Capital 53 53
Other Equity 17895 16658
Sub-total: Total Eauitv 17948 16711
2 Liabilities
Non-current liabilities
Financial liabilities
a) Other financial liabilities 477 456
Provisions 83 81
Deferred tax liabilities (net) 464 469
Other non-current liabilities 233 218
Sub-total: Non-current liabilities 1257 1224
3 Current liabilities
Financial liabilities
a) Borrowings - -
b) Trade payables
Total outstanding dues of micro and small enterprises 71 62
Total outstanding dues other than above 1658 1128
c) Other financial liabilities 396 460
Provisions 64 60
Current tax liabilities (net) 81 11
Other current liabilities 403 298
Sub-total: Current liabilities 2673 2019
Total Liabilities 3930 3243
TOTAL EQUITY AND LIABILITIES 2187~-~> ==:--·<:· ' 19954
DIVl'S LABORATORIES LIMITED
STATEMENT OF STANDALONE UNAUDITED CASH FLOWS FOR THE HALF YEAR ENDED
301h SEPTEMBER 2026
(Rs. in Crores)
For the year
For the Half year ended
ended
Particulars
30.09.2026 30.09.2025 31.03.2026
(Unaudited) (Unaudited) (Audited)
A. Cash flow from operating activities
Profit before tax 2685 1667 3436
Adjustments for:
Depreciation and amortisation expense 274 225 461
Unrealised foreign exchange (gain)/ loss 88 (44) (106)
Interest income from financial assets at amortised cost (115) (157) (284)
Change in fair value of investment in optionally convertible debentures (2) (2) (4)
Interest expense 19 5 23
Provision for doubtful debts/(written back) including bad debts written off/ (recovered) -* 2 1
Loss/(gain) on disposal/ discard of property, plant and equipment and intangible assets 4 -* -*
Amortisation of government grants -* -* -*
2953 1696 3527
Change in operating assets and liabilities
(Increase) /Decrease in trade receivables (578) 150 (261)
(Increase) /Decrease in inventories (1614) (207) (678)
(Increase) /Decrease in other financial assets (3) 5 3
(Increase) /Decrease in other assets (436) (137) (334)
Increase /(Decrease) in employee benefit obligation 10 6 95
Increase /(Decrease) in trade payables 552 147 303
Increase/ (Decrease) in other financial liabilities (58) 260 478
Increase /(Decrease) in other liabilities 120 88 440
Cash generated from operations 946 2008 3573
Income taxes paid including withholding tax and net ofrefunds (576) (368) (862)
Net cash inflow from operating activities 370 1640 2711
B. Cash flow from investing activities
Payments for property, plant and equipment (871) (1544) (2519)
Proceeds from sale of property, plant and equipment - 3 3
Interest received 115 158 284
Proceeds from withdrawal of deposits 3776 2855 6156
Investment in deposits (2423) (2733) (6142)
Net cash inflow/(outflow) from investing activities 597 (1261) (2218)
Cash flow from financing activities
Proceeds /(repayment) of working capital loans (net) - 83 -
Interest paid (7) (5) (5)
Dividend paid to company's shareholders (797) (796) (797)
Net cash outflow from financing activities (804) (718) (802)
DIVl'S LABORATORIES' LIMITED
STATEMENT OF STANDALONE UNAUDITED CASH FLOWS FOR THE HALF YEAR ENDED
30th SEPTEMBER 2026
(Rs. in Crores)
For the year
For the Half year ended
ended
Particulars
30.09.2026 • 30.09.2025 31.03.2026
(Unaudited) (Unaudited) (Audited)
Net increase/(decrease) in cash and cash equivalents (A+B+C) 163 (339) (309)
Cash and cash equivalents at the beginning of the period/year 85 394 394
Cash and cash equivalents at end of the period/year 248 55 85
Reconciliation of cash and cash equivalents at the end of the period/ year
Cash and cash equivalents as per Balance sheet 248 61 85
Overdraft facilities from bank - (6) -
Balance as per Sta
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