Sun Pharma FY26 net profit rises 5% to ₹114,794 million
Sun Pharmaceutical Industries reported a 5% rise in FY26 net profit to ₹114,794 million, supported by an 11.9% increase in revenue to ₹582,201 million. The Global Innovative Medicine business grew 16.8% for the year, while India formulation sales increased by 14%. The U.S. business saw a marginal decline for the full year. The company has recommended a total dividend of ₹16.00 per share and provided guidance for high single-digit revenue growth in FY27.

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Sun Pharmaceutical Industries reported its audited financial results for the quarter and year ended March 31, 2026. The company recorded consolidated revenue of ₹582,201 million for the full year, an increase of 11.9% compared to ₹520,413 million in the previous year. For the fourth quarter, revenue stood at ₹146,118 million, reflecting a year-on-year increase from ₹129,588 million. The board recommended a final dividend of ₹5.00 per share, taking the total dividend for FY26 to ₹16.00 per share.
Financial Performance at a Glance
The key financial metrics for the year and quarter are summarised below:
| Metric: | FY26 Current | FY25 Previous | Q4 Current | Q4 Previous |
|---|---|---|---|---|
| Revenue: | ₹582,201 million | ₹520,413 million | ₹146,118 million | ₹129,588 million |
| Net Profit: | ₹114,794 million | ₹109,290 million | ₹27,140 million | ₹21,499 million |
| EBITDA: | ₹177,314 million | ₹152,717 million | ₹39,542 million | ₹37,161 million |
| EBITDA Margin: | 30.3% | 29.0% | 27.1% | 28.7% |
Profitability and Operational Highlights
The company's consolidated net profit for FY26 rose to ₹114,794 million, a 5.0% increase from the prior year. Q4 net profit grew 26.2% year-on-year to ₹27,140 million. EBITDA for the full year increased by 16.1% to ₹177,314 million, with the margin expanding to 30.3%. However, the Q4 EBITDA margin narrowed to 27.1% from 28.7% in the year-ago period. The company reported a net cash position of $3.2 billion at the consolidated level.
Segment Performance
Global Innovative Medicine sales for the full year FY26 were $1,420 million, a growth of 16.8%. In Q4 FY26, these sales were up 20.1% to $354 million. India formulation sales for the full year were ₹192,904 million, recording a growth of 14%, while Q4 sales reached ₹48,359 million. The U.S. business reported sales of $459 million for the quarter, declining by 1.1%, with full year sales at $1.9 billion. Formulation revenues in Emerging Markets were $306 million in Q4, up 17.4%, and $1.265 billion for the full year, up 13.6%.
Guidance and Outlook
The company expects high single-digit consolidated top line growth for FY27. R&D spend for FY27 is expected to be 6% to 7% of sales. The effective tax rate for the coming year is anticipated to be in the range of 25%. The company also provided an update on the acquisition of Organon & Company, expecting completion in Q4 FY27.
Historical Stock Returns for Sun Pharmaceutical
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.75% | +1.55% | -3.47% | +0.03% | +6.93% | +165.33% |
What specific factors are expected to drive the high single-digit revenue growth guidance for FY27?
How will the acquisition of Organon & Company impact Sun Pharma's revenue diversification and market position?
What strategies will Sun Pharma employ to address the declining sales in the U.S. market?


































