Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Cipla Earnings Call Transcript: Key Takeaways

Cipla delivered record Q1 FY27 revenue of INR 7,119 Cr with 2% reported growth (4% adjusted). Strategy focuses on U.S. respiratory launches and 'One India' chronic therapies.

Highlights
Revenue growthReported 2% Y-o-Y growth; adjusted for accounting change 4%.
MarginsCurrent EBITDA 16.7%; guided 18.5-20% for FY27.
Demand visibilityStrong traction in obesity and chronic segments.
Management confidenceHigh on U.S. pipeline and chronic therapy momentum.

Growth

Revenue hit INR 7,119 Cr; One India grew 12% Y-o-Y; US sales at $162M; PAT at INR 789 Cr.

Outlook

EBITDA margin guidance maintained at 18.5%-20% for FY27; targeting $1 billion U.S. exit run-rate by year-end.

Risks

Loss of South African tenders; currency fluctuations; war-related costs impacting margins by 1-2%; inventory write-offs.

Last quarter's promises, checked

Delivered

  • Launch generic Ventolin in coming months → Launched in Q1 FY27 (= BEAT)
  • India double-digit growth → Delivered 12% Y-o-Y (= BEAT)
  • US Albuterol share 19.5% to 20% → Maintained higher-than-proportionate share (= BEAT)

Partly delivered

  • 4 US respiratory launches in FY27 → 1 launched, 3 pending (= PARTIAL)
  • US $1B exit run-rate target → Current quarterly $162M ($648M annual) (= PARTIAL)

Missed

  • EBITDA margin 18.5%-20% → Delivered 16.7% in Q1 (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: CIPLA. Summary written with AI assistance from the document.

Read the document ↗

Cipla Ltd: key numbers

Share price
₹1,399.70
Market cap
₹1,13,076 Cr
Revenue (annual)
₹28,163 Cr
Net profit (annual)
₹3,879 Cr
P/E (TTM)
33.5×Sector 50.4×
Promoter holding
29.21%+0.00% QoQ
FII holding
20.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Cipla Ltd

All →
19:03 IST NSE
Employee Stock Options

Cipla Employee Stock Options

Cipla allotted 12,168 equity shares following the exercise of options under its ESOS and ESAR schemes. This increases the company's total paid-up share capital.

22:56 IST BSE
Management Change

Cipla Management Change

Cipla Ltd announced that Mr. Venkata Sai Mungara has transitioned to a subsidiary role, ceasing to be a Senior Management Personnel effective October 1, 2026.

17:32 IST NSE
Other Announcement

Cipla Other Announcement

Cipla announced it was assigned an ESG rating of 68 by Niche Ninety Nine Capability and Certifications (OPC) Private Limited, a SEBI-registered rating provider.

16:43 IST BSE
Acquisition

Cipla Acquisition

Cipla is notifying shareholders and creditors about a Scheme of Amalgamation with Inzpera Healthsciences, providing them an opportunity to submit representations to the NCLT.