Cipla shareholders approve FY26 results and auditor appointment

2 min read     Updated on 26 Jun 2026, 04:54 PM
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Cipla Limited reported record revenue of INR 28,163 Cr and a PAT of INR 3,879 Cr for FY26. At the 90th AGM held on June 25, 2026, shareholders approved the financial statements, declared a dividend, and appointed M/s B S R & Co. LLP as statutory auditors. All six resolutions were passed with overwhelming majority.

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Cipla Limited reported its highest-ever yearly revenue of INR 28,163 Cr for the financial year ended March 31, 2026, achieving a Profit After Tax (PAT) of INR 3,879 Cr with a margin of 13.8% and an EBITDA of INR 5,925 Cr with a 21.0% margin. The company maintained a strong net cash position of over $1 Bn, with total cash increasing to INR 11,140 Cr in FY26 from INR 10,807 Cr in the previous year. Total debt was reported at INR 614 Cr, and the R&D expense was 7% of revenue.

The 90th Annual General Meeting (AGM) was held on June 25, 2026, through video conferencing. Shareholders appointed M/s B S R & Co. LLP, Chartered Accountants, as its Statutory Auditors for a term of five years effective from the conclusion of the AGM. The appointment follows the completion of the second term of the previous auditors, M/s Walker Chandiok & Co. LLP. The resolutions passed included the adoption of the audited standalone and consolidated financial statements for FY26, the declaration of a dividend, and the re-appointment of Mr Adil Zainulbhai as a director liable to retire by rotation.

Business Performance

Cipla delivered a robust performance across its key markets. The One India segment reported revenue of INR 12,680 Cr, an increase of 9% year-on-year, delivering double-digit growth across three segments in Q4 FY26. North America revenue stood at $780 Mn, boosted by the approval for the first AB-rated gVentolin with Complex Generic Technology (CGT). The One Africa segment recorded $483 Mn, up 7% YoY, while Emerging Markets & Europe crossed the $400 Mn benchmark with $405 Mn in revenue.

Financial Discipline

The company has set a long-term goal to achieve Net Zero by 2050 and reported an 82% reduction in scope 1 and scope 2 GHG emissions compared to the FY2019-2020 baseline. It achieved 2.6 times water positivity and 84% renewable electricity usage. The meeting was presided over by Dr Y K Hamied, Non-Executive Chairman, and attended by 92 participants.

Resolution Description Votes In Favor Votes Against % In Favor
Adopt standalone financial statements FY26 654,195,724 1,827,354 99.72%
Adopt consolidated financial statements FY26 654,196,863 1,826,120 99.72%
Declare dividend on equity shares 656,548,699 1,046 99.99%
Re-appoint Mr Adil Zainulbhai as director 647,221,617 9,287,625 98.58%
Appoint Statutory Auditors and fix remuneration 656,506,124 3,117 99.99%
Ratify Cost Auditor remuneration for FY27 656,505,921 3,281 99.99%

Historical Stock Returns for Cipla

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%+1.26%+5.72%-3.53%-2.63%+48.92%

How will Cipla utilize its strong net cash position of over $1 Bn to drive future growth?

What impact will the approval of the first AB-rated gVentolin with CGT have on North American market share?

What are the strategic plans to sustain double-digit growth in the One India segment?

Cipla ESG rating revised from 68 to 64 by ESGRisks.ai

1 min read     Updated on 26 Jun 2026, 05:05 AM
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Cipla's ESG rating was revised from 68 to 64 by ESG Risk Assessments & Insights Limited following a re-evaluation of public and new information. The communication was received on June 24, 2026, and disclosed to the exchanges on June 25, 2026.

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Cipla Limited reported a revision in its Environmental, Social, and Governance (ESG) rating to 64 from 68, as assessed by ESG Risk Assessments & Insights Limited. The downgrade impacts the company's sustainability scorecard following a review of both existing and new data points.

The rating provider, registered with the Securities and Exchange Board of India (SEBI), communicated the revised score on June 24, 2026. The adjustment was driven by a re-evaluation of publicly available information alongside certain new information considered during the assessment period.

Regulatory Disclosure

The intimation was submitted to the exchanges in compliance with Regulation 30 read with Schedule III Part A Para B of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was also made in accordance with a specific SEBI circular dated January 30, 2026.

Detail Information
Previous ESG Rating 68
Revised ESG Rating 64
Rating Provider ESG Risk Assessments & Insights Limited
Communication Date June 24, 2026

The notification was signed by Rajendra Chopra, Company Secretary, and submitted to BSE Limited, National Stock Exchange of India Limited, and Societe De La Bourse De Luxembourg.

Historical Stock Returns for Cipla

1 Day5 Days1 Month6 Months1 Year5 Years
+0.15%+1.26%+5.72%-3.53%-2.63%+48.92%

What specific new data points or governance issues triggered the downgrade in the ESG assessment?

How might this rating revision impact Cipla's cost of capital or access to ESG-focused investment funds?

Will Cipla implement immediate remedial measures to address the deficiencies identified by ESG Risk Assessments & Insights Limited?

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