About
Torrent Pharmaceuticals Limited engages in the research, development, manufacturing, marketing, and distribution of branded and generic pharmaceutical formulations in India, the United States, Brazil, Germany, and internationally. The company offers products in various therapeutic areas, including anti-diabetic, anti-microbial, cardiovascular, urology, gynecology, oncology, gastro-intestinal, nephrology, neuro-psychiatric, cosmo-dermatology, pain management, anti-infective, and miscellaneous, as well as vitamins, minerals, and nutrients. It also provides contract manufacturing services. The company offers its products under Tedibar, Shelcal, Unienzyme, and Ahaglow brands. The company was formerly known as Trinity Laboratories and changed its name to Torrent Pharmaceuticals Limited in 1971. The company was founded in 1959 and is based in Ahmedabad, India. Torrent Pharmaceuticals Limited is a subsidiary of Torrent Investments Limited.
Key Metrics
as of Sep 2026Market Cap184,024 Cr
P/E82.50
Div Yield0.78 %
Book Value₹248.00
52w High₹5,250.00
52w Low₹3,480.00
Face Value₹5.00
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 | 4,921.00 | 4,197.00 | 3,303.00 | 3,302.00 | 3,178.00 | 2,959.00 | 2,809.00 | 2,889.00 | 2,859.00 | 2,745.00 | 2,732.00 | 2,660.00 | 2,591.00 |
| Expenses | 3,257.00 | 2,841.00 | 2,215.00 | 2,219.00 | 2,146.00 | 1,995.00 | 1,895.00 | 1,950.00 | 1,955.00 | 1,862.00 | 1,863.00 | 1,835.00 | 1,800.00 |
| Operating Profit | 1,664.00 | 1,356.00 | 1,088.00 | 1,083.00 | 1,032.00 | 964.00 | 914.00 | 939.00 | 904.00 | 883.00 | 869.00 | 825.00 | 791.00 |
| OPM % | 34.00 | 32.00 | 33.00 | 33.00 | 32.00 | 33.00 | 33.00 | 32.00 | 32.00 | 32.00 | 32.00 | 31.00 | 31.00 |
| Other Income | -33.00 | -83.00 | -23.00 | -40.00 | -37.00 | -42.00 | 33.00 | -16.00 | 24.00 | 31.00 | 55.00 | 26.00 | 34.00 |
| Depreciation | 593.00 | 508.00 | 206.00 | 204.00 | 201.00 | 201.00 | 199.00 | 198.00 | 197.00 | 203.00 | 213.00 | 201.00 | 191.00 |
| Interest | 305.00 | 236.00 | 45.00 | 48.00 | 56.00 | 56.00 | 57.00 | 64.00 | 75.00 | 80.00 | 80.00 | 91.00 | 103.00 |
| Profit before tax | 733.00 | 529.00 | 814.00 | 791.00 | 738.00 | 665.00 | 691.00 | 661.00 | 656.00 | 631.00 | 631.00 | 559.00 | 531.00 |
| Tax % | 23.00 | 31.00 | 22.00 | 25.00 | 26.00 | 25.00 | 27.00 | 31.00 | 30.00 | 29.00 | 30.00 | 31.00 | 29.00 |
| Net Profit | 566.00 | 364.00 | 635.00 | 591.00 | 548.00 | 498.00 | 503.00 | 453.00 | 457.00 | 449.00 | 443.00 | 386.00 | 378.00 |
| EPS in Rs | 16.72 | 10.76 | 18.76 | 17.46 | 16.19 | 14.71 | 14.86 | 13.38 | 13.50 | 13.27 | 13.09 | 11.41 | 11.17 |
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 | 13,980.00 | 11,516.00 | 10,728.00 | 9,620.00 | 8,508.00 | 8,005.00 | 7,939.00 | 7,673.00 | 5,950.00 | 5,816.00 | 6,687.00 | 4,636.00 |
| Expenses | 9,421.00 | 7,795.00 | 7,360.00 | 6,778.00 | 6,077.00 | 5,524.00 | 5,769.00 | 5,690.00 | 4,601.00 | 4,438.00 | 3,954.00 | 3,616.00 |
| Operating Profit | 4,558.00 | 3,721.00 | 3,368.00 | 2,842.00 | 2,431.00 | 2,480.00 | 2,170.00 | 1,983.00 | 1,349.00 | 1,377.00 | 2,733.00 | 1,020.00 |
| OPM % | 33.00 | 32.00 | 31.00 | 30.00 | 29.00 | 31.00 | 27.00 | 26.00 | 23.00 | 24.00 | 41.00 | 22.00 |
| Other Income | -182.00 | -1.00 | 146.00 | 45.00 | -288.00 | 57.00 | 121.00 | -300.00 | 299.00 | 223.00 | 32.00 | 286.00 |
| Interest | 385.00 | 252.00 | 354.00 | 333.00 | 255.00 | 353.00 | 451.00 | 504.00 | 308.00 | 206.00 | 184.00 | 175.00 |
| Depreciation | 1,119.00 | 795.00 | 808.00 | 707.00 | 662.00 | 658.00 | 654.00 | 618.00 | 409.00 | 307.00 | 238.00 | 191.00 |
| Profit before tax | 2,872.00 | 2,673.00 | 2,352.00 | 1,847.00 | 1,226.00 | 1,526.00 | 1,187.00 | 562.00 | 931.00 | 1,088.00 | 2,343.00 | 940.00 |
| Tax % | 26.00 | 28.00 | 30.00 | 33.00 | 37.00 | 18.00 | 14.00 | 22.00 | 27.00 | 14.00 | 26.00 | 20.00 |
| Net Profit | 2,138.00 | 1,911.00 | 1,656.00 | 1,245.00 | 777.00 | 1,252.00 | 1,025.00 | 436.00 | 678.00 | 934.00 | 1,733.00 | 751.00 |
| EPS in Rs | 63.92 | 56.47 | 48.94 | 36.79 | 22.97 | 36.99 | 30.28 | 12.89 | 20.04 | 27.59 | 51.22 | 22.19 |
| Dividend Payout % | 59.00 | 57.00 | 57.00 | 60.00 | 105.00 | 47.00 | 53.00 | 66.00 | 35.00 | 25.00 | 34.00 | 25.00 |
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 | 169.00 | 169.00 | 169.00 | 169.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 |
| Reserves | 8,219.00 | 7,421.00 | 6,687.00 | 6,029.00 | 5,868.00 | 5,753.00 | 4,739.00 | 4,640.00 | 4,538.00 | 4,266.00 | 3,409.00 | 2,406.00 |
| Borrowings | 15,026.00 | 3,202.00 | 4,022.00 | 5,369.00 | 4,070.00 | 4,874.00 | 5,784.00 | 6,038.00 | 6,462.00 | 2,510.00 | 2,352.00 | 2,740.00 |
| Other Liabilities | 20,200.00 | 3,603.00 | 3,627.00 | 3,043.00 | 2,884.00 | 3,363.00 | 3,402.00 | 3,351.00 | 3,159.00 | 2,740.00 | 3,040.00 | 2,589.00 |
| Total Liabilities | 43,614.00 | 14,396.00 | 14,505.00 | 14,610.00 | 12,906.00 | 14,075.00 | 14,010.00 | 14,113.00 | 14,243.00 | 9,601.00 | 8,886.00 | 7,820.00 |
| Fixed Assets | 33,191.00 | 7,947.00 | 8,138.00 | 8,121.00 | 6,423.00 | 7,065.00 | 7,533.00 | 7,748.00 | 7,855.00 | 3,688.00 | 2,859.00 | 2,833.00 |
| CWIP | 641.00 | 478.00 | 361.00 | 765.00 | 630.00 | 889.00 | 712.00 | 617.00 | 647.00 | 519.00 | 1,042.00 | 678.00 |
| Investments | 948.00 | 156.00 | 173.00 | 199.00 | 226.00 | 181.00 | 2.00 | 353.00 | 492.00 | 804.00 | 780.00 | 298.00 |
| Other Assets | 8,833.00 | 5,815.00 | 5,834.00 | 5,524.00 | 5,628.00 | 5,940.00 | 5,763.00 | 5,395.00 | 5,249.00 | 4,589.00 | 4,206.00 | 4,011.00 |
| Total Assets | 43,614.00 | 14,396.00 | 14,505.00 | 14,610.00 | 12,906.00 | 14,075.00 | 14,010.00 | 14,113.00 | 14,243.00 | 9,601.00 | 8,886.00 | 7,820.00 |
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 | 3,023.00 | 2,585.00 | 3,266.00 | 2,368.00 | 1,803.00 | 2,005.00 | 1,393.00 | 1,798.00 | 894.00 | 1,009.00 | 2,742.00 | 810.00 |
| Cash from Investing Activity | -12,630.00 | -549.00 | -160.00 | -2,335.00 | -196.00 | -444.00 | 229.00 | -246.00 | -4,677.00 | -798.00 | -869.00 | -2,113.00 |
| Cash from Financing Activity | 10,151.00 | -2,298.00 | -2,780.00 | 77.00 | -1,781.00 | -1,651.00 | -1,549.00 | -1,314.00 | 3,417.00 | -193.00 | -1,435.00 | 1,212.00 |
| Net Cash Flow | 544.00 | -262.00 | 327.00 | 110.00 | -174.00 | -89.00 | 73.00 | 238.00 | -366.00 | 18.00 | 437.00 | -90.00 |
| Free Cash Flow | 2,386.00 | 1,991.00 | 2,967.00 | 1,953.00 | 1,607.00 | 1,671.00 | 990.00 | 1,138.00 | 105.00 | 523.00 | 2,150.00 | 574.00 |
| CFO/OP % | 84.00 | 86.00 | 112.00 | 97.00 | 91.00 | 88.00 | 77.00 | 105.00 | 87.00 | 101.00 | 121.00 | 85.00 |
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 | 79.00 | 59.00 | 63.00 | 74.00 | 70.00 | 69.00 | 76.00 | 68.00 | 77.00 | 60.00 | 79.00 | 125.00 |
| Inventory Days | 338.00 | 334.00 | 310.00 | 298.00 | 368.00 | 456.00 | 362.00 | 318.00 | 429.00 | 318.00 | 314.00 | 275.00 |
| Days Payable | 254.00 | 239.00 | 284.00 | 224.00 | 250.00 | 351.00 | 345.00 | 345.00 | 447.00 | 356.00 | 523.00 | 472.00 |
| Cash Conversion Cycle | 163.00 | 154.00 | 89.00 | 147.00 | 188.00 | 174.00 | 93.00 | 42.00 | 59.00 | 21.00 | -130.00 | -71.00 |
| Working Capital Days | -26.00 | 7.00 | -27.00 | -33.00 | 7.00 | -5.00 | -52.00 | -62.00 | -80.00 | 28.00 | -1.00 | 29.00 |
| ROCE % | 15.00 | 27.00 | 23.00 | 20.00 | 19.00 | 17.00 | 15.00 | 13.00 | 13.00 | 19.00 | 48.00 | 27.00 |
Corporate Actions
45 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 29 May 2026 | 29 May 2026 | — | 9.00 | |
| Dividend | 18 Feb 2026 | 19 Feb 2026 | — | 29.00 | |
| Dividend | 20 Jun 2025 | 20 Jun 2025 | — | 6.00 | |
| Dividend | 31 Jan 2025 | 01 Feb 2025 | — | 26.00 | |
| Dividend | 21 Jun 2024 | 21 Jun 2024 | — | 6.00 | |
| Dividend | 12 Feb 2024 | 12 Feb 2024 | — | 22.00 | |
| Dividend | 23 Jun 2023 | 23 Jun 2023 | — | 8.00 | |
| Dividend | 03 Feb 2023 | 03 Feb 2023 | — | 14.00 | |
| Bonus | 08 Jul 2022 | 11 Jul 2022 | 1:1 | — | |
| Dividend | 03 Jun 2022 | 06 Jun 2022 | — | 15.00 | |
| Dividend | 03 Jun 2022 | 06 Jun 2022 | — | 8.00 | |
| Dividend | 02 Feb 2022 | 03 Feb 2022 | — | 25.00 | |
| Dividend | 17 Jun 2021 | 18 Jun 2021 | — | 15.00 | |
| Dividend | 15 Feb 2021 | 16 Feb 2021 | — | 20.00 | |
| Dividend | 18 Mar 2020 | 19 Mar 2020 | — | 15.00 | NSE/BSE dividend mismatch: BSE/NSE=17.0; BSE/NSE=15.0 |
| Dividend | 18 Mar 2020 | 19 Mar 2020 | — | 17.00 | NSE/BSE dividend mismatch: BSE/NSE=17.0; BSE/NSE=15.0 |
| Dividend | 13 Jun 2019 | 14 Jun 2019 | — | 4.00 | |
| Dividend | 06 Feb 2019 | 07 Feb 2019 | — | 13.00 | |
| Dividend | 18 Jun 2018 | — | — | 5.00 | |
| Dividend | 15 Feb 2018 | 19 Feb 2018 | — | 9.00 | |
| Dividend | 19 Jun 2017 | — | — | 4.00 | |
| Dividend | 10 Feb 2017 | 13 Feb 2017 | — | 10.00 | |
| Dividend | 16 Mar 2016 | 17 Mar 2016 | — | 15.00 | |
| Dividend | 11 Feb 2016 | 12 Feb 2016 | — | 20.00 | |
| Dividend | 15 Jun 2015 | — | — | 6.25 | |
| Dividend | 02 Feb 2015 | 03 Feb 2015 | — | 5.00 | |
| Dividend | 16 Jun 2014 | — | — | 5.00 | |
| Dividend | 24 Jan 2014 | 27 Jan 2014 | — | 5.00 | |
| Bonus | 23 Jul 2013 | 24 Jul 2013 | 1:1 | — | |
| Dividend | 10 Jun 2013 | — | — | 10.00 | NSE/BSE dividend mismatch: BSE/NSE=7.0; BSE/NSE=10.0 |
| Dividend | 10 Jun 2013 | — | — | 7.00 | NSE/BSE dividend mismatch: BSE/NSE=7.0; BSE/NSE=10.0 |
| Dividend | 01 Feb 2013 | 04 Feb 2013 | — | 6.00 | |
| Dividend | 11 Jun 2012 | — | — | 2.50 | |
| Dividend | 27 Jan 2012 | 30 Jan 2012 | — | 6.00 | |
| Dividend | 06 Jun 2011 | — | — | 2.00 | NSE/BSE dividend mismatch: BSE/NSE=6.0; BSE/NSE=2.0 |
| Dividend | 06 Jun 2011 | — | — | 6.00 | NSE/BSE dividend mismatch: BSE/NSE=6.0; BSE/NSE=2.0 |
| Dividend | 04 Jun 2010 | — | — | 6.00 | |
| Dividend | 08 Jun 2009 | — | — | 4.00 | |
| Dividend | 19 Jun 2008 | — | — | 3.50 | |
| Other | 15 Jun 2007 | — | — | — | Agm |
| Dividend | 23 Mar 2007 | 26 Mar 2007 | — | 3.00 | |
| Dividend | 15 Jun 2006 | — | — | 2.50 | |
| Bonus | 20 Feb 2006 | 27 Feb 2006 | 1:1 | — | |
| Dividend | 09 Jun 2005 | — | — | 8.00 | |
| Dividend | 28 May 2001 | — | — | 7.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Jul from icra
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Rating update5 Jan from icra
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Rating update2 Jan from fitch
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Rating update6 Oct 2025 from fitch
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Rating update8 Jul 2025 from icra
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Rating update19 Mar 2025 from icra
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