About
Divi's Laboratories Limited engages in the manufacture and sale of generic active pharmaceutical ingredients (APIs), intermediates, and nutraceuticals in India, North America, Asia, Europe, and internationally. The company also undertakes custom synthesis contract manufacturing services of APIs and intermediates; and supplies a range of carotenoids, such as astaxanthin, beta-carotene, lycopene, canthaxanthin, apocarotenal, and vitamins used in the food, beverage, dietary supplement, pet food, and feed industries. It also exports its products. The company was formerly known as Divi's Research Center and changed its name to Divi's Laboratories Limited in 1994. Divi's Laboratories Limited was incorporated in 1990 and is based in Hyderabad, India.
Key Metrics
as of Sep 2026Market Cap241,576 Cr
P/E81.10
Div Yield0.33 %
Book Value₹631.00
52w High₹9,467.00
52w Low₹5,636.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,974.00 | 2,793.00 | 2,578.00 | 2,660.00 | 2,357.00 | 2,536.00 | 2,297.00 | 2,302.00 | 2,063.00 | 2,259.00 | 1,808.00 | 1,868.00 | 1,730.00 |
| Expenses | 1,734.00 | 1,850.00 | 1,671.00 | 1,765.00 | 1,614.00 | 1,655.00 | 1,550.00 | 1,573.00 | 1,442.00 | 1,542.00 | 1,317.00 | 1,394.00 | 1,239.00 |
| Operating Profit | 1,240.00 | 943.00 | 907.00 | 895.00 | 743.00 | 881.00 | 747.00 | 729.00 | 621.00 | 717.00 | 491.00 | 474.00 | 491.00 |
| OPM % | 42.00 | 34.00 | 35.00 | 34.00 | 32.00 | 35.00 | 33.00 | 32.00 | 30.00 | 32.00 | 27.00 | 25.00 | 28.00 |
| Other Income | 63.00 | 154.00 | 13.00 | 146.00 | 119.00 | 87.00 | 82.00 | 105.00 | 79.00 | 79.00 | 94.00 | 85.00 | 80.00 |
| Depreciation | 132.00 | 120.00 | 116.00 | 113.00 | 112.00 | 107.00 | 99.00 | 98.00 | 97.00 | 94.00 | 95.00 | 94.00 | 93.00 |
| Interest | 6.00 | 6.00 | 6.00 | 8.00 | 3.00 | 0.00 | 0.00 | 1.00 | 0.00 | 2.00 | 0.00 | 1.00 | 0.00 |
| Profit before tax | 1,165.00 | 971.00 | 798.00 | 920.00 | 747.00 | 861.00 | 730.00 | 735.00 | 603.00 | 700.00 | 490.00 | 464.00 | 478.00 |
| Tax % | 24.00 | 22.00 | 25.00 | 24.00 | 25.00 | 23.00 | 19.00 | 30.00 | 29.00 | 24.00 | 27.00 | 26.00 | 28.00 |
| Net Profit | 891.00 | 756.00 | 598.00 | 696.00 | 557.00 | 667.00 | 594.00 | 518.00 | 430.00 | 531.00 | 358.00 | 342.00 | 345.00 |
| EPS in Rs | 33.56 | 28.48 | 22.53 | 26.22 | 20.98 | 25.13 | 22.38 | 19.51 | 16.20 | 20.00 | 13.49 | 12.88 | 13.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,388.00 | 9,198.00 | 7,665.00 | 7,625.00 | 8,880.00 | 6,799.00 | 5,311.00 | 4,880.00 | 3,816.00 | 4,024.00 | 3,720.00 | 3,084.00 |
| Expenses | 6,899.00 | 6,214.00 | 5,486.00 | 5,275.00 | 5,000.00 | 3,971.00 | 3,491.00 | 3,028.00 | 2,558.00 | 2,582.00 | 2,314.00 | 1,914.00 |
| Operating Profit | 3,489.00 | 2,984.00 | 2,179.00 | 2,350.00 | 3,880.00 | 2,828.00 | 1,820.00 | 1,851.00 | 1,258.00 | 1,441.00 | 1,406.00 | 1,170.00 |
| OPM % | 34.00 | 32.00 | 28.00 | 31.00 | 44.00 | 42.00 | 34.00 | 38.00 | 33.00 | 36.00 | 38.00 | 38.00 |
| Other Income | 432.00 | 348.00 | 333.00 | 348.00 | 109.00 | 57.00 | 187.00 | 155.00 | 106.00 | 73.00 | 92.00 | 36.00 |
| Interest | 24.00 | 2.00 | 4.00 | 2.00 | 2.00 | 2.00 | 7.00 | 5.00 | 2.00 | 3.00 | 4.00 | 3.00 |
| Depreciation | 461.00 | 401.00 | 376.00 | 342.00 | 311.00 | 255.00 | 186.00 | 169.00 | 142.00 | 123.00 | 118.00 | 136.00 |
| Profit before tax | 3,436.00 | 2,929.00 | 2,132.00 | 2,354.00 | 3,677.00 | 2,628.00 | 1,813.00 | 1,833.00 | 1,219.00 | 1,388.00 | 1,375.00 | 1,067.00 |
| Tax % | 24.00 | 25.00 | 26.00 | 23.00 | 20.00 | 26.00 | 24.00 | 27.00 | 29.00 | 24.00 | 19.00 | 21.00 |
| Net Profit | 2,607.00 | 2,209.00 | 1,576.00 | 1,808.00 | 2,949.00 | 1,955.00 | 1,373.00 | 1,333.00 | 870.00 | 1,053.00 | 1,111.00 | 847.00 |
| EPS in Rs | 98.20 | 83.21 | 59.37 | 68.11 | 111.07 | 73.63 | 51.71 | 50.20 | 32.76 | 39.68 | 41.84 | 31.90 |
| Dividend Payout % | 30.00 | 36.00 | 50.00 | 44.00 | 27.00 | 27.00 | 31.00 | 32.00 | 31.00 | 25.00 | 24.00 | 31.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 27.00 |
| Reserves | 16,658.00 | 14,842.00 | 13,431.00 | 12,652.00 | 11,638.00 | 9,218.00 | 7,264.00 | 6,920.00 | 5,907.00 | 5,356.00 | 4,304.00 | 3,535.00 |
| Borrowings | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 34.00 | 106.00 | 63.00 | 36.00 | 42.00 | 27.00 |
| Other Liabilities | 3,243.00 | 1,927.00 | 1,878.00 | 1,647.00 | 1,617.00 | 1,452.00 | 1,164.00 | 961.00 | 785.00 | 765.00 | 566.00 | 886.00 |
| Total Liabilities | 19,954.00 | 16,824.00 | 15,362.00 | 14,352.00 | 13,308.00 | 10,724.00 | 8,514.00 | 8,040.00 | 6,808.00 | 6,210.00 | 4,965.00 | 4,475.00 |
| Fixed Assets | 6,520.00 | 5,440.00 | 4,737.00 | 4,719.00 | 4,321.00 | 3,699.00 | 2,776.00 | 2,087.00 | 1,996.00 | 1,559.00 | 1,439.00 | 1,309.00 |
| CWIP | 2,113.00 | 1,022.00 | 778.00 | 212.00 | 470.00 | 711.00 | 920.00 | 492.00 | 120.00 | 444.00 | 264.00 | 218.00 |
| Investments | 76.00 | 72.00 | 89.00 | 84.00 | 79.00 | 7.00 | 979.00 | 1,953.00 | 1,897.00 | 1,639.00 | 813.00 | 736.00 |
| Other Assets | 11,245.00 | 10,290.00 | 9,758.00 | 9,337.00 | 8,438.00 | 6,307.00 | 3,839.00 | 3,508.00 | 2,795.00 | 2,568.00 | 2,450.00 | 2,212.00 |
| Total Assets | 19,954.00 | 16,824.00 | 15,362.00 | 14,352.00 | 13,308.00 | 10,724.00 | 8,514.00 | 8,040.00 | 6,808.00 | 6,210.00 | 4,965.00 | 4,475.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2,711.00 | 1,650.00 | 1,266.00 | 2,447.00 | 1,910.00 | 1,947.00 | 1,208.00 | 964.00 | 765.00 | 1,149.00 | 1,036.00 | 822.00 |
| Cash from Investing Activity | -2,218.00 | -803.00 | -268.00 | -2,707.00 | -2,195.00 | 75.00 | -81.00 | -684.00 | -476.00 | -1,137.00 | -411.00 | -521.00 |
| Cash from Financing Activity | -802.00 | -797.00 | -798.00 | -796.00 | -532.00 | -34.00 | -1,091.00 | -246.00 | -314.00 | 3.00 | -630.00 | -303.00 |
| Net Cash Flow | -309.00 | 50.00 | 200.00 | -1,056.00 | -817.00 | 1,988.00 | 36.00 | 34.00 | -25.00 | 15.00 | -5.00 | -1.00 |
| Free Cash Flow | 195.00 | 213.00 | 264.00 | 1,975.00 | 1,196.00 | 1,037.00 | 26.00 | 231.00 | 491.00 | 773.00 | 641.00 | 515.00 |
| CFO/OP % | 102.00 | 83.00 | 75.00 | 124.00 | 65.00 | 91.00 | 91.00 | 78.00 | 82.00 | 101.00 | 92.00 | 88.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 113.00 | 113.00 | 108.00 | 94.00 | 106.00 | 94.00 | 105.00 | 96.00 | 106.00 | 91.00 | 95.00 | 97.00 |
| Inventory Days | 331.00 | 296.00 | 347.00 | 329.00 | 316.00 | 322.00 | 299.00 | 324.00 | 311.00 | 291.00 | 284.00 | 335.00 |
| Days Payable | 106.00 | 86.00 | 94.00 | 88.00 | 92.00 | 118.00 | 99.00 | 94.00 | 98.00 | 103.00 | 56.00 | 67.00 |
| Cash Conversion Cycle | 338.00 | 323.00 | 361.00 | 335.00 | 330.00 | 298.00 | 305.00 | 325.00 | 319.00 | 280.00 | 323.00 | 365.00 |
| Working Capital Days | 198.00 | 193.00 | 207.00 | 190.00 | 178.00 | 155.00 | 184.00 | 173.00 | 185.00 | 153.00 | 165.00 | 146.00 |
| ROCE % | 22.00 | 21.00 | 16.00 | 19.00 | 35.00 | 32.00 | 24.00 | 28.00 | 21.00 | 28.00 | 35.00 | 32.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 24 Jul 2026 | 24 Jul 2026 | — | 30.00 | |
| Dividend | 25 Jul 2025 | 25 Jul 2025 | — | 30.00 | |
| Dividend | 02 Aug 2024 | 02 Aug 2024 | — | 30.00 | |
| Dividend | 11 Aug 2023 | 11 Aug 2023 | — | 30.00 | |
| Dividend | 11 Aug 2022 | 12 Aug 2022 | — | 30.00 | |
| Dividend | 17 Aug 2021 | — | — | 20.00 | |
| Other | 04 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 25 Feb 2020 | 26 Feb 2020 | — | 16.00 | |
| Dividend | 14 Aug 2019 | — | — | 16.00 | |
| Dividend | 31 Aug 2018 | — | — | 10.00 | |
| Dividend | 15 Sep 2017 | — | — | 10.00 | |
| Other | 18 Aug 2016 | — | — | — | Annnual General Meeting |
| Dividend | 17 Mar 2016 | 18 Mar 2016 | — | 10.00 | |
| Bonus | 23 Sep 2015 | 26 Sep 2015 | 1:1 | — | |
| Dividend | 06 Aug 2015 | — | — | 20.00 | |
| Dividend | 31 Jul 2014 | — | — | 20.00 | |
| Dividend | 25 Jul 2013 | — | — | 15.00 | |
| Dividend | 26 Jul 2012 | — | — | 13.00 | |
| Other | 26 Jul 2012 | — | — | — | Annual General Meeting/ Dividend Of Rs. 13 Per Share |
| Dividend | 16 Jun 2011 | — | — | 10.00 | |
| Dividend | 02 Jul 2010 | — | — | 6.00 | |
| Bonus | 30 Jul 2009 | 01 Aug 2009 | 1:1 | — | |
| Dividend | 15 Jun 2009 | — | — | 6.00 | |
| Dividend | 26 Jun 2008 | — | — | 4.00 | |
| Split | 03 Aug 2007 | — | 10:2 | — | |
| Dividend | 23 Mar 2007 | 26 Mar 2007 | — | 2.00 | |
| Dividend | 23 Aug 2006 | — | — | 2.00 | |
| Dividend | 11 Aug 2005 | — | — | 1.60 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update26 Aug 2025 from care
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Rating update13 Sep 2024 from care
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Rating update12 Sep 2023 from care
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Rating update4 Oct 2022 from care
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Rating update5 Oct 2021 from care