Sudeep Pharma FY26 Consolidated Net Profit Rises 26%; Dividend Declared
Sudeep Pharma Limited reported audited consolidated FY26 total income from operations of ₹67,084.34 lakhs and net profit after tax of ₹17,428.47 lakhs, up ~26% year-on-year, with annual EPS of ₹15.50. Q4 FY26 consolidated net profit stood at ₹4,853.82 lakhs on revenues of ₹18,876.34 lakhs. The board recommended a final dividend of ₹1.50 per share and outlined capacity expansion plans across Pharma, Specialty Ingredients, and Battery Materials segments for FY27.

*this image is generated using AI for illustrative purposes only.
Sudeep Pharma Limited has reported its audited consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 21, 2026, and subsequently published in Business Standard and Vadodara Samachar on May 22, 2026. The company's board recommended a final dividend of ₹1.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the board appointed M/s. Chetan Gandhi & Associates as Cost Auditor and M/s H M Mehta & Associates as Secretarial Auditor for the financial year 2026-27.
Q4 Consolidated Financial Performance
For the fourth quarter ended March 31, 2026, Sudeep Pharma reported consolidated total income from operations of ₹18,876.34 lakhs, compared to ₹16,130.57 lakhs in the same period last year. Net profit after tax for the quarter stood at ₹4,853.82 lakhs, up from ₹4,418.57 lakhs year-on-year. Total comprehensive income for the quarter came in at ₹5,470.10 lakhs, compared to ₹4,336.86 lakhs in Q4 FY25. Earnings per share (basic and diluted) for the quarter were ₹4.38, against ₹4.07 in the corresponding prior-year period.
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Total Income from Operations | ₹18,876.34 Lakhs | ₹16,130.57 Lakhs |
| Net Profit after Tax | ₹4,853.82 Lakhs | ₹4,418.57 Lakhs |
| Total Comprehensive Income | ₹5,470.10 Lakhs | ₹4,336.86 Lakhs |
| Basic EPS (₹) | ₹4.38 | ₹4.07 |
| Diluted EPS (₹) | ₹4.38 | ₹4.07 |
Full Year Consolidated Financial Highlights
For the full financial year ended March 31, 2026, Sudeep Pharma reported consolidated total income from operations of ₹67,084.34 lakhs, a significant increase from ₹51,132.83 lakhs in the previous year. Net profit after tax for the year rose to ₹17,428.47 lakhs from ₹13,872.92 lakhs, reflecting a year-on-year growth of approximately 26%. Total comprehensive income for the full year stood at ₹17,305.95 lakhs, compared to ₹13,709.41 lakhs in FY25. Equity share capital as at March 31, 2026 stood at ₹1,129.49 lakhs, while reserves (excluding revaluation reserve) were ₹87,204.31 lakhs. Annual earnings per share (basic and diluted) were ₹15.50, up from ₹12.79 in FY25. The company completed an Initial Public Offering (IPO) during the year, listing its shares on the NSE and BSE on November 28, 2025.
| Metric | FY26 | FY25 |
|---|---|---|
| Total Income from Operations | ₹67,084.34 Lakhs | ₹51,132.83 Lakhs |
| Net Profit after Tax | ₹17,428.47 Lakhs | ₹13,872.92 Lakhs |
| Total Comprehensive Income | ₹17,305.95 Lakhs | ₹13,709.41 Lakhs |
| Equity Share Capital | ₹1,129.49 Lakhs | ₹972.28 Lakhs |
| Reserves (excl. Revaluation) | ₹87,204.31 Lakhs | — |
| Basic EPS (₹) | ₹15.50 | ₹12.79 |
| Diluted EPS (₹) | ₹15.50 | ₹12.79 |
Standalone Financial Performance
On a standalone basis, total income from operations for Q4 FY26 was ₹8,978.62 lakhs, compared to ₹10,794.93 lakhs in Q4 FY25. Standalone net profit after tax for the quarter stood at ₹2,576.56 lakhs, against ₹3,313.56 lakhs in the year-ago period. For the full year, standalone total income from operations grew to ₹37,700.94 lakhs from ₹36,510.73 lakhs, while standalone net profit after tax rose to ₹10,758.07 lakhs from ₹9,574.77 lakhs.
| Metric | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Total Income from Operations | ₹8,978.62 Lakhs | ₹10,794.93 Lakhs | ₹37,700.94 Lakhs | ₹36,510.73 Lakhs |
| Profit before Tax | ₹3,474.31 Lakhs | ₹4,528.10 Lakhs | ₹14,509.69 Lakhs | ₹12,940.66 Lakhs |
| Net Profit after Tax | ₹2,576.56 Lakhs | ₹3,313.56 Lakhs | ₹10,758.07 Lakhs | ₹9,574.77 Lakhs |
| Total Comprehensive Income | ₹2,591.81 Lakhs | ₹3,312.18 Lakhs | ₹10,755.42 Lakhs | ₹9,552.00 Lakhs |
Strategic Capacity Expansion for FY27
Sudeep Pharma has outlined an ambitious capacity expansion roadmap for FY27 across its key business segments. In the Pharma, Food, and Nutrition segment, the company is targeting a total capacity of 86,200 MT, supported by a 51,200 MT greenfield project currently underway. The Specialty Ingredients segment capacity is maintained at 37,500 MT, while Phase 1 of the Battery Materials facility — focused on Iron Phosphate production — is being launched with a starting capacity of 25,000 MT.
The following table summarises the planned capacity targets across segments:
| Segment | Capacity (MT) | Details |
|---|---|---|
| Pharma, Food & Nutrition | 86,200 MT | Includes 51,200 MT Greenfield Project |
| Specialty Ingredients | 37,500 MT | Existing capacity maintained |
| Battery Materials (Phase 1) | 25,000 MT | Iron Phosphate; Dahej Facility |
The greenfield project at Nandesari has completed the Internal Validation and Qualification Process, with Customer Validation Trials currently ongoing. The groundbreaking ceremony for the Battery Materials Facility in Dahej was successfully conducted on January 23, 2026, with Phase 1 construction currently underway and expected to be completed by early CY27.
Historical Stock Returns for Sudeep Pharma
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.07% | +12.52% | +10.03% | +13.44% | -1.94% | -1.94% |
How will the completion of the 51,200 MT Nandesari greenfield project impact Sudeep Pharma's revenue mix and margins in FY27 once customer validation trials conclude successfully?
Given the significant gap between consolidated and standalone revenues, which subsidiaries are driving the majority of consolidated growth and how sustainable is that contribution?
How does Sudeep Pharma plan to fund the Battery Materials facility at Dahej, and what offtake agreements or customer commitments are in place to de-risk the Iron Phosphate venture?


































