C

Cipla Limited

CIPLANSE
Market snapshot · 2026-08-10 22:24 UTC

1,467.70

+₹3.90 (+0.27%)

MARKET CAP

₹1.19L Cr

STOCK P/E

35.2x

52W HIGH

₹1,673.00

52W LOW

₹1,165.70

BOOK VALUE

₹426.25

EPS

₹41.72

ROE

SECTOR

Health Care

DEBT/EQUITY

1.78

VOLUME

6.63L

P/B RATIO

3.44x

PEG RATIO

-0.90

Sector

Health Care

Themes

PharmaceuticalsVanguard Fund Portfolio
D
Dividend
E
Earnings
₹1,578.00₹1,478.83₹1,379.66₹1,280.49₹1,181.32VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Cipla is a pharmaceutical manufacturer selling generic and branded generic medicines, vaccines, APIs, and formulations. India, the United States, and South Africa anchor its geographic revenue base, across respiratory, HIV/AIDS, cardio-metabolic, oncology, and other therapies. Its consumer healthcare, biosimilars, and specialty businesses provide additional revenue streams. The announced ₹300 crore Karnataka expansion with Rocket India could support future manufacturing capacity, but current revenue growth remains limited at 2.1%. Profit fell 26.4% year-on-year as margins declined, indicating earnings pressure despite positive market sentiment. ROE is unavailable, while debt-to-equity of 1.78 indicates leverage could amplify any deterioration in returns. At 35.1 times earnings, Cipla appears rich relative to its low growth and declining profitability. Investors must assess whether expansion and specialty products can offset margin compression and leverage-related risk.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for CIPLA.

36.00 analysts

Price Forecast

Current
₹1,468
High Target
₹1,768
▲ +20.5%
Median Target
₹1,525
▲ +3.9%
Low Target
₹1,170
▼ -20.3%
Now₹1,468High ₹1,768Median ₹1,525Low ₹1,170Aug '25Now12M Target
Price history (1Y)
Analyst target range
36 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,277 - ₹1,67580%
6M₹1,203 - ₹1,76680%
12M₹1,103 - ₹1,89880%
Realized vol: +21.2% · Drift: +0.8%

Revenue Forecast

₹ Cr
Jun '26Current₹5,078.0
Sep 2026 ETrend estimate range
High₹5,246.4Base₹4,857.8Low₹4,469.2
Sep '25: ₹5,226.0 · Dec '25: ₹4,498.0 · Mar '26: ₹4,210.0 · Jun '26: ₹5,078.0 · Sep '26: ₹4,857.8 · Dec '26: ₹4,181.1
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E5,226.04,498.04,210.05,078.04,857.84,181.1
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹10.67
Sep 2026 ETrend estimate range
High₹11.75Base₹10.49Low₹9.23
Sep '25: ₹14.99 · Dec '25: ₹7.64 · Mar '26: ₹4.76 · Jun '26: ₹10.67 · Sep '26: ₹10.49 · Dec '26: ₹5.35
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E14.997.644.7610.6710.495.35
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
50%
Analyst Consensus
Weakening

From 36 analysts

Mean upside+2.8%

Fundamentals

Weakening

Fundamentals institutional score is 17 using growth durability 17.0.

Valuation

Premium valuation

Valuation institutional score is 44 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 47 using mean target upside 2.8%; dispersion penalty 15.9; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 89 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price1,509.1 target
Mean Upside+2.8%
Technical Score89%
Fundamental Score17%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 1.7% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.46). Confidence: 91%.

Live forward EPS implies next-12-month EPS of ₹63.47. Applying the stock's normalized valuation corridor produces a fair range of ₹2,021.52 to ₹2,269.69, with base value near ₹2,190.35 (+49.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹63.47

Forward P/E

23.1x

Base Fair Value

₹2,190.35

Fair Range

₹2,021.52 - ₹2,269.69

Upside To Base

+49.2%

Estimate Source

Live forward EPS

Growth Estimate

-39.2%

P/E
Overvalued

5Y Average

29.75

Current

35.09

Overvalued

35.76

Undervalued

31.85

EV/EBITDA
Strongly Overvalued

5Y Average

17.83

Current

21.08

Overvalued

21.10

Undervalued

14.05

P/S
Strongly Overvalued

5Y Average

3.57

Current

4.22

Overvalued

4.11

Undervalued

3.04

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 40.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
TORRENT PHARMACEUTICALS L
TORNTPHARMPharmaceuticals
+54.8%13.9%
78.7x
Premium
+96% vs avg
+36.2%
LUPIN LIMITED
LUPINPharmaceuticals
+32.0%18.5%
19.0x
Undervalued
-53% vs avg
+21.5%
MANKIND PHARMA LIMITED
MANKINDPharmaceuticals
+12.9%13.9%
49.4x
Premium
+23% vs avg
+0.8%
GLENMARK PHARMACEUTICALS
GLENMARKPharmaceuticals
+23.1%10.1%
35.4x
Fair
-12% vs avg
+11.2%
LARSEN & TOUBRO LTD.
LTPharmaceuticals
+8.1%5.6%
33.9x
Undervalued
-16% vs avg
+10.6%
ABBOTT INDIA LIMITED
ABBOTINDIAPharmaceuticals
+6.5%22.4%
37.8x
Fair
-6% vs avg
-15.6%
AJANTA PHARMA LIMITED
AJANTPHARMPharmaceuticals
+24.8%19.6%
38.6x
Fair
-4% vs avg
+31.7%
DR. REDDY S LABORATORIES
DRREDDYPharmaceuticals
-5.6%10.0%
29.2x
Undervalued
-27% vs avg
-3.9%
WHY THESE PEERS

CIPLA LTD trades in line with peers (35.2x vs avg 40.2x), reflecting a fair valuation within the Pharmaceuticals cohort. Peers include TORRENT PHARMACEUTICALS L, LUPIN LIMITED, MANKIND PHARMA LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹5.08K CrJun 2026

Latest net profit

₹862 CrJun 2026

Latest EPS

₹10.67Jun 2026

Net margin

21.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%8.0%16.0%24.0%32.0%0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr10.00K Cr20.00K Cr30.00K Cr40.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +4,3184,2344,3814,0374,5014,7754,9714,7985,0465,2264,4984,2105,078
Expenses +3,1143,0093,0253,2093,1413,3373,3093,4793,4223,7033,7773,6433,992
Operating Profit1,2051,2251,3568281,3601,4381,6621,3191,6241,5237215671,086
OPM %28%29%31%21%30%30%33%27%32%29%16%13%21%
Other Income +158319265595214289189588271255172180243
Interest0795534363476
Depreciation136180135137138146143148146141153218169
Profit before tax1,2261,3581,4771,2811,4301,5781,7041,7561,7441,6337365221,154
Tax %27%24%25%19%26%25%16%15%25%26%16%26%25%
Net Profit +8951,0301,1141,0381,0561,1781,4381,4851,3031,211617385862
EPS in Rs11.0912.7513.8012.8613.0814.5917.8118.3916.1314.997.644.7610.67
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +29.19%29.22%29.22%29.22%29.22%
FIIs +25.24%24.54%23.93%22.55%20.20%
DIIs +28.98%29.98%30.45%31.71%34.35%
Government +0.27%0.27%0.27%0.27%0.28%
Public +16.30%15.99%16.12%16.26%15.93%
Others0.02%0.01%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Update On USFDA Inspection At Invagen Manufacturing Facility In Hauppauge, Long Island, New York, USA

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Jul 31, 2026PDFCompany Reports Open

Cipla Receives U.S. FDA Approval For Generic Advair Diskus®

Jul 27, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 27, 2026PDFCompany Reports Open