Hikal Limited
- HIKAL
- BSE 524735
- Healthcare
- Pharmaceuticals
- As of 13 Nov 2026
- NSE end-of-day
Over one year the closing price fell 7.45% to Rs 222.47 (13 Nov 2026).
Snapshot
Snapshot: The headline figures: market value, P/E, P/B, the 52-week range and the listing date, from the latest close and the latest filed results. The i beside each label says what it means.- As of 13 Nov 2026
- NSE, filings
- Rs 2,748 Cr
- 2.33x
- 14 Feb 2001
- Rs 146.25 – 261.00
What changed
- 7 items in 120 days
Financials
- Sales Rs 1,851 Cr
- Net loss Rs 5 Cr
Ownership
- Promoters 68.85%
- FIIs 1.27% · DIIs 5.32%
Peers
- 16 companies
Filings
- 98 in 12 months
What changed
What changed: Filings and results from the report window, newest first, each linked to the original filing. Items after the first four need a free sign-in.- As of 15 Nov 2026
- BSE and NSE filings
7 items in the last 120 days. Latest on 5 Nov 2026: Management guided revenue growth to mid-teens growth in revenue, against 36.33% reported in Q2 FY27. Management guided EBITDA margin to 17%, 18%, against 10.73% reported in Q2 FY27. Management stated cost pressure: Raw material prices and product mix. Management stated cost provision: Rs 20 crore. Management stated labour availability: Utilizing just about 60% to 70% of capacity. Management stated pass through mechanism: Able to pass on costs very often. Management stated: “Confident in our growth outlook in H2 versus last year.” Management stated revenue guidance: About INR400 crores by FY '30.
- 5 Nov 2026Guidance updateManagement guided revenue growth to mid-teens growth in revenue, against 36.33% reported in Q2 FY27. Management guided EBITDA margin to 17%, 18%, against 10.73% reported in Q2 FY27. Management stated cost pressure: Raw material prices and product mix. Management stated cost provision: Rs 20 crore. Management stated labour availability: Utilizing just about 60% to 70% of capacity. Management stated pass through mechanism: Able to pass on costs very often. Management stated: “Confident in our growth outlook in H2 versus last year.” Management stated revenue guidance: About INR400 crores by FY '30.Filing
- 3 Nov 2026Financial resultsRevenue changed -7.9% from the prior financial year.No filing link
- 3 Nov 2026Guidance updateFor full year, management guided revenue growth to mid teens, against 36.33% reported in Q2 FY27. For full year, management stated cost pressure: Elevated raw material and energy prices, deferred demand and pricing pressure from Chinese competition. For full year, management stated: “Substantial improvement in profitability.”Filing
- 27 Aug 2026Capital returnThe company has recommended a dividend of Rs. 0.40/- paise per share, with a record date of Friday, September 04, 2026. Shareholders vote on it on Wednesday, September 23, 2026. Payment is due on or before after approval by shareholders at the 38st AGM.Filing
Showing 4 of 7 items on filings and results.
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About the company
About the company: Classification and registration facts from the exchanges, the reportable segments, and what the company does in its own words where its annual report gives it.- As of 13 Nov 2026
- NSE and BSE listings
Healthcare · Pharmaceuticals · listed 14 Feb 2001 · in BSE 1000.
- Sector
- Healthcare
- Industry
- Pharmaceuticals
- Listed
- 14 Feb 2001
- Face value
- Rs 2
- Indices
- BSE 1000
- ISIN
- INE475B01022
- NSE symbol
- HIKAL
- BSE code
- 524735
What the company does is not in our data yet.
A description from the company's own annual report, linked to the page it comes from, will appear here. We do not write one ourselves.
Reportable segments, FY26Rs Cr
- Segment 1name not stated in the filings dataRevenue 1,021.00Assets 1,479.60
- Segment 2name not stated in the filings dataRevenue 691.60Assets 830.50
- Segment 3name not stated in the filings dataRevenue 0.00Assets 55.30
- Segment 4name not stated in the filings dataRevenue 0.00Assets 0.00
- Segment 5name not stated in the filings dataRevenue 0.00Assets 0.00
Financials
Financials: Quarterly results and annual statements from the company's filings, in Rs crore. The i beside a label says what it means.- Consolidated
- Rs Cr
- As of 30 Sept 2026
- BSE, NSE filings
Sales Rs 434.20 Cr in Q2 FY27 (QoQ +7.80%, YoY +36.33%) · net loss Rs 6.10 Cr.
StaleSource last updated 30 Sept 2026.
Quarterly sales went from Rs 514.53 Cr (Q3 FY22) to Rs 434.20 Cr (Q2 FY27) over the 20 quarters shown. Net profit went from Rs 45.20 Cr to a loss of Rs 6.10 Cr over the same 20 quarters. Against the previous quarter, sales rose 7.80%. Against the same quarter last year, sales rose 36.33%.
Scale starts at Rs 100 Cr, not zero, so the differences are easier to see.
QoQ
YoY
QoQ
YoY
Quarterly results
| Rs Cr, consolidated | Q3 FY22 | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SalesSales: Revenue from operations in the period. Revenue from operations as filed for the quarter or year shown.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: revenue from operations. Unit: rupees. Period basis: the quarter or year shown. Applies to: General companies. Not banks, NBFCs or insurers. Source: Quarterly and annual filings. | 514.53 | 502.35 | 378.79 | 558.75 | 540.20 | 545.29 | 388.05 | 434.88 | 447.57 | 514.10 | 406.80 | 452.90 | 447.70 | 552.40 | 380.40 | 318.50 | 494.30 | 519.40 | 402.80 | 434.20 |
| change QoQQoQ: The change from the previous quarter to the latest quarter, as a percentage of the earlier figure. Latest quarter figure minus previous quarter figure, divided by the previous quarter figure, shown as a percent. Both quarters are on the same statement basis. Inputs: latest quarter figure, previous quarter figure. Unit: percent. Period basis: one quarter apart. No meaningful value when: The earlier figure is zero or a loss. A percent of zero cannot be worked out, and a percent of a loss has no clear meaning. Applies to: All companies. Source: The company's quarterly filings. | −2.37% | −24.60% | +47.51% | −3.32% | +0.94% | −28.84% | +12.07% | +2.92% | +14.86% | −20.87% | +11.33% | −1.15% | +23.39% | −31.14% | −16.27% | +55.20% | +5.08% | −22.45% | +7.80% | |
| change YoYYoY: The change from the same period a year earlier to the latest period, as a percentage of the earlier figure. Latest figure minus the figure for the same quarter a year earlier (or the previous year, for annual figures), divided by the earlier figure, shown as a percent. Inputs: latest figure, figure a year earlier. Unit: percent. Period basis: twelve months apart. No meaningful value when: The earlier figure is zero or a loss. A percent of zero cannot be worked out, and a percent of a loss has no clear meaning. Applies to: All companies. Source: The company's quarterly and annual filings. | +4.99% | +8.55% | +2.44% | −22.17% | −17.15% | −5.72% | +4.83% | +4.14% | +0.03% | +7.45% | −6.49% | −29.68% | +10.41% | −5.97% | +5.89% | +36.33% | ||||
| Net profitNet profit: What is left of the period's income after all costs, interest and tax. For consolidated figures it is the whole group's profit, including the share that belongs to non-controlling shareholders. Profit after tax as filed for the quarter or year shown. For consolidated figures it includes the share attributable to non-controlling interests; net profit attributable to owners is the owners' share. A negative figure is a loss.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: profit after tax. Unit: rupees. Period basis: the quarter or year shown. Applies to: All companies. Source: Quarterly and annual filings. | 45.20 | 20.71 | −8.86 | 24.84 | 26.41 | 36.00 | 6.92 | 12.57 | 16.14 | 33.97 | 5.10 | 18.30 | 17.20 | 50.20 | −22.40 | −34.90 | −5.90 | 14.40 | −7.40 | −6.10 |
| change QoQQoQ: The change from the previous quarter to the latest quarter, as a percentage of the earlier figure. Latest quarter figure minus previous quarter figure, divided by the previous quarter figure, shown as a percent. Both quarters are on the same statement basis. Inputs: latest quarter figure, previous quarter figure. Unit: percent. Period basis: one quarter apart. No meaningful value when: The earlier figure is zero or a loss. A percent of zero cannot be worked out, and a percent of a loss has no clear meaning. Applies to: All companies. Source: The company's quarterly filings. | −54.18% | −142.78% | +6.32% | +36.31% | −80.78% | +81.65% | +28.40% | +110.47% | −84.99% | +258.82% | −6.01% | +191.86% | −144.62% | −151.39% | ||||||
| change YoYYoY: The change from the same period a year earlier to the latest period, as a percentage of the earlier figure. Latest figure minus the figure for the same quarter a year earlier (or the previous year, for annual figures), divided by the earlier figure, shown as a percent. Inputs: latest figure, figure a year earlier. Unit: percent. Period basis: twelve months apart. No meaningful value when: The earlier figure is zero or a loss. A percent of zero cannot be worked out, and a percent of a loss has no clear meaning. Applies to: All companies. Source: The company's quarterly and annual filings. | −41.57% | +73.83% | −49.40% | −38.89% | −5.64% | −26.30% | +45.58% | +6.57% | +47.78% | −539.22% | −290.71% | −134.30% | −71.31% | |||||||
| Net marginNet margin: Net profit as a percentage of revenue. Net profit divided by revenue, both over the last twelve months, shown as a percent. get_financials returns it as a fraction: 0.0888 is 8.88%. Inputs: net profit, revenue. Unit: percent. Period basis: trailing twelve months. No meaningful value when: Revenue is zero. Applies to: All companies. Source: Quarterly and annual filings. | 8.78% | 4.12% | −2.34% | 4.45% | 4.89% | 6.60% | 1.78% | 2.89% | 3.61% | 6.61% | 1.25% | 4.04% | 3.84% | 9.09% | −5.89% | −10.96% | −1.19% | 2.77% | −1.84% | −1.40% |
| Operating marginOperating margin: Profit before interest and tax as a percentage of revenue. Profit before tax plus finance costs, divided by revenue, both over the last twelve months, shown as a percent. It keeps other income in. The entry 'Operating margin (excluding other income)' gives a version that leaves it out. Inputs: profit before tax, finance costs, revenue. Unit: percent. Period basis: trailing twelve months. Applies to: General companies. Not banks, NBFCs or insurers. Source: Quarterly and annual filings. | 13.37% | 7.37% | −0.13% | 7.80% | 9.04% | 11.29% | 6.06% | 6.88% | 8.01% | 12.17% | 6.56% | 9.63% | 9.49% | 15.60% | −3.50% | −10.08% | 1.27% | 4.41% | 1.24% | 1.13% |
| EPSEPS: Earnings per share: net profit divided by the number of shares. Profit after tax divided by the weighted average number of shares, in rupees per share, as filed for the period shown. Inputs: profit after tax, weighted average number of shares. Unit: rupees per share. Period basis: the quarter or year shown. Applies to: All companies. Source: Quarterly and annual filings. | 3.67 | 1.68 | −0.72 | 2.01 | 2.14 | 2.92 | 0.56 | 1.02 | 1.31 | 2.76 | 0.41 | 1.48 | 1.39 | 4.07 | −1.81 | −2.83 | −0.48 | 1.17 | −0.60 | −0.49 |
Annual sales went from Rs 1,942.72 Cr (FY22) to Rs 1,712.60 Cr (FY26) over the 5 years shown. Net profit went from Rs 160.51 Cr to a loss of Rs 48.80 Cr over the same 5 years. Against the previous year, sales fell 7.91% and net profit fell 153.74%.
Scale starts at Rs 1,500 Cr, not zero, so the differences are easier to see.
YoY
YoY
Annual results
| Annual, Rs Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| SalesSales: Revenue from operations in the period. Revenue from operations as filed for the quarter or year shown.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: revenue from operations. Unit: rupees. Period basis: the quarter or year shown. Applies to: General companies. Not banks, NBFCs or insurers. Source: Quarterly and annual filings. | 1,942.72 | 2,023.03 | 1,784.60 | 1,859.80 | 1,712.60 |
| change YoYYoY: The change from the same period a year earlier to the latest period, as a percentage of the earlier figure. Latest figure minus the figure for the same quarter a year earlier (or the previous year, for annual figures), divided by the earlier figure, shown as a percent. Inputs: latest figure, figure a year earlier. Unit: percent. Period basis: twelve months apart. No meaningful value when: The earlier figure is zero or a loss. A percent of zero cannot be worked out, and a percent of a loss has no clear meaning. Applies to: All companies. Source: The company's quarterly and annual filings. | +4.13% | −11.79% | +4.21% | −7.91% | |
| Net profitNet profit: What is left of the period's income after all costs, interest and tax. For consolidated figures it is the whole group's profit, including the share that belongs to non-controlling shareholders. Profit after tax as filed for the quarter or year shown. For consolidated figures it includes the share attributable to non-controlling interests; net profit attributable to owners is the owners' share. A negative figure is a loss.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: profit after tax. Unit: rupees. Period basis: the quarter or year shown. Applies to: All companies. Source: Quarterly and annual filings. | 160.51 | 78.39 | 69.60 | 90.80 | −48.80 |
| change YoYYoY: The change from the same period a year earlier to the latest period, as a percentage of the earlier figure. Latest figure minus the figure for the same quarter a year earlier (or the previous year, for annual figures), divided by the earlier figure, shown as a percent. Inputs: latest figure, figure a year earlier. Unit: percent. Period basis: twelve months apart. No meaningful value when: The earlier figure is zero or a loss. A percent of zero cannot be worked out, and a percent of a loss has no clear meaning. Applies to: All companies. Source: The company's quarterly and annual filings. | −51.16% | −11.21% | +30.46% | −153.74% | |
| Net marginNet margin: Net profit as a percentage of revenue. Net profit divided by revenue, both over the last twelve months, shown as a percent. get_financials returns it as a fraction: 0.0888 is 8.88%. Inputs: net profit, revenue. Unit: percent. Period basis: trailing twelve months. No meaningful value when: Revenue is zero. Applies to: All companies. Source: Quarterly and annual filings. | 8.26% | 3.87% | 3.90% | 4.88% | −2.85% |
| Operating marginOperating margin: Profit before interest and tax as a percentage of revenue. Profit before tax plus finance costs, divided by revenue, both over the last twelve months, shown as a percent. It keeps other income in. The entry 'Operating margin (excluding other income)' gives a version that leaves it out. Inputs: profit before tax, finance costs, revenue. Unit: percent. Period basis: trailing twelve months. Applies to: General companies. Not banks, NBFCs or insurers. Source: Quarterly and annual filings. | 12.86% | 7.59% | 8.51% | 10.70% | −0.95% |
| EPSEPS: Earnings per share: net profit divided by the number of shares. Profit after tax divided by the weighted average number of shares, in rupees per share, as filed for the period shown. Inputs: profit after tax, weighted average number of shares. Unit: rupees per share. Period basis: the quarter or year shown. Applies to: All companies. Source: Quarterly and annual filings. | 13.02 | 6.36 | 5.64 | 7.36 | −3.95 |
Balance sheet and cash flow, annual
| Annual, Rs Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Total assetsTotal assets: Everything the company owns, as reported on its balance sheet. The balance-sheet total as filed at the period end shown.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: balance-sheet total. Unit: rupees. Period basis: the balance-sheet date. Applies to: All companies. Source: Annual filing. | 2,213.12 | 2,385.47 | 2,487.14 | 2,528.90 | 2,365.40 |
| EquityEquity: Shareholders' equity attributable to the owners of the parent company, excluding non-controlling interests. Equity attributable to owners of the parent as filed at the balance-sheet date, excluding non-controlling interests. A standalone filing has none and gives its total equity.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: equity attributable to owners of the parent. Unit: rupees. Period basis: the balance-sheet date. Applies to: All companies. Source: Annual filing. | 1,067.98 | 1,133.47 | 1,187.66 | 1,262.30 | 1,198.80 |
| Total debtTotal debt: Borrowings reported on the balance sheet. The figure excludes lease liabilities. Current plus non-current borrowings as filed at the balance-sheet date. Lease liabilities are excluded: exchange filings do not give them as a separate balance-sheet line.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: current borrowings, non-current borrowings. Unit: rupees. Period basis: the balance-sheet date. Applies to: General companies. Not banks, NBFCs or insurers. Source: Annual filing. | 674.44 | 747.96 | 814.74 | 762.30 | 681.10 |
| CashCash: Cash and cash equivalents on the balance sheet. Cash and cash equivalents as filed at the balance-sheet date.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: cash and cash equivalents. Unit: rupees. Period basis: the balance-sheet date. Applies to: All companies. Source: Annual filing. | 11.44 | 26.73 | 12.70 | 13.00 | 9.60 |
| Operating cash flowOperating cash flow: Cash the business generated from its operations in the year, as reported. Net cash from operating activities as filed in the cash flow statement for the financial year shown.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: net cash from operating activities. Unit: rupees. Period basis: the financial year shown. Applies to: General companies. Not banks, NBFCs or insurers. Source: Annual filing. | 293.73 | 315.31 | 186.72 | 280.40 | 302.00 |
| Free cash flowFree cash flow: Operating cash flow minus capital spending, as reported. Net cash from operating activities minus capital expenditure for the financial year shown.Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: net cash from operating activities, capital expenditure. Unit: rupees. Period basis: the financial year shown. No meaningful value when: Either figure is not disclosed for the year. Applies to: General companies. Not banks, NBFCs or insurers. Source: Annual filing. | 20.42 | 12.69 | −17.47 | 143.10 | 153.90 |
Data notes
What the data note says
Our computed roe (-0.41%) diverges from BSE's own published figure (-4.05%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.Our computed operating margin (2.11%) diverges from BSE's own published figure (12.53%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.Our computed net margin (-0.27%) diverges from BSE's own published figure (2.81%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.Ownership
Ownership: Who held the shares at each quarter end, from the exchange shareholding filings. Each bar adds to 100%.- As of 30 Sept 2026
- BSE shareholding filings
Promoters 68.85% · FIIs 1.27% · DIIs 5.32% · retail and other 24.56% at 30 Sept 2026.
- PromotersPromoters: The founding or controlling shareholders named in the company's filing. The promoter and promoter-group holding is the percentage of shares in issue they hold, taken from the latest shareholding pattern. Inputs: promoter and promoter-group shares, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing.
- FIIsFIIs: Foreign institutional investors: overseas funds and institutions holding the shares. The percentage of shares in issue held by foreign portfolio investors, taken from the latest shareholding pattern. Inputs: shares held by foreign portfolio investors, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing.
- DIIsDIIs: Domestic institutional investors: Indian mutual funds, insurers and similar institutions. The percentage of shares in issue held by mutual funds, insurers, banks and other domestic institutions, taken from the latest shareholding pattern. Inputs: shares held by domestic institutions, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing.
- Retail and otherRetail and other: Shares held by holders who are not promoters, foreign institutions or domestic institutions. Public-category holding minus foreign portfolio investor holding minus domestic institution holding, as a percent of shares in issue. The page shows it only when the institutional split is published for the quarter. Inputs: public-category holding, foreign portfolio investor holding, domestic institution holding, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. No meaningful value when: The foreign and domestic institutional split is not yet published for the quarter. Applies to: All companies. Source: Exchange shareholding filing.
- PromotersPromoters: The founding or controlling shareholders named in the company's filing. The promoter and promoter-group holding is the percentage of shares in issue they hold, taken from the latest shareholding pattern. Inputs: promoter and promoter-group shares, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing.68.85%
- FIIsFIIs: Foreign institutional investors: overseas funds and institutions holding the shares. The percentage of shares in issue held by foreign portfolio investors, taken from the latest shareholding pattern. Inputs: shares held by foreign portfolio investors, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing.1.27%
- DIIsDIIs: Domestic institutional investors: Indian mutual funds, insurers and similar institutions. The percentage of shares in issue held by mutual funds, insurers, banks and other domestic institutions, taken from the latest shareholding pattern. Inputs: shares held by domestic institutions, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing.5.32%
- Retail and otherRetail and other: Shares held by holders who are not promoters, foreign institutions or domestic institutions. Public-category holding minus foreign portfolio investor holding minus domestic institution holding, as a percent of shares in issue. The page shows it only when the institutional split is published for the quarter. Inputs: public-category holding, foreign portfolio investor holding, domestic institution holding, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. No meaningful value when: The foreign and domestic institutional split is not yet published for the quarter. Applies to: All companies. Source: Exchange shareholding filing.24.56%
- Promoter pledgePromoter pledge: The share of the promoters' holding that is pledged or otherwise encumbered. Promoter shares pledged or otherwise encumbered divided by the promoters' total shares, shown as a percent. The base is the promoters' own holding. The same shares as a percent of all shares is a separate figure, promoter pledge as a share of all shares. Inputs: promoter shares pledged or otherwise encumbered, promoters' total shares. Unit: percent of the promoters' holding. Period basis: the latest quarter end. No meaningful value when: The company has no promoter group. Applies to: All companies. Source: Exchange shareholding filing.0.00%
Change in holding
Change from 30 Sept 2025 to 30 Sept 2026, 5 quarters.
| % of shares | Now | A window ago | Change |
|---|---|---|---|
| PromotersPromoters: The founding or controlling shareholders named in the company's filing. The promoter and promoter-group holding is the percentage of shares in issue they hold, taken from the latest shareholding pattern. Inputs: promoter and promoter-group shares, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 68.85% | 68.85% | 0.00 pp |
| FIIsFIIs: Foreign institutional investors: overseas funds and institutions holding the shares. The percentage of shares in issue held by foreign portfolio investors, taken from the latest shareholding pattern. Inputs: shares held by foreign portfolio investors, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 1.27% | 4.23% | −2.96 pp |
| DIIsDIIs: Domestic institutional investors: Indian mutual funds, insurers and similar institutions. The percentage of shares in issue held by mutual funds, insurers, banks and other domestic institutions, taken from the latest shareholding pattern. Inputs: shares held by domestic institutions, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 5.32% | 5.16% | +0.16 pp |
| Retail and otherRetail and other: Shares held by holders who are not promoters, foreign institutions or domestic institutions. Public-category holding minus foreign portfolio investor holding minus domestic institution holding, as a percent of shares in issue. The page shows it only when the institutional split is published for the quarter. Inputs: public-category holding, foreign portfolio investor holding, domestic institution holding, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. No meaningful value when: The foreign and domestic institutional split is not yet published for the quarter. Applies to: All companies. Source: Exchange shareholding filing. | 24.56% | 21.76% | +2.80 pp |
| Promoter pledgePromoter pledge: The share of the promoters' holding that is pledged or otherwise encumbered. Promoter shares pledged or otherwise encumbered divided by the promoters' total shares, shown as a percent. The base is the promoters' own holding. The same shares as a percent of all shares is a separate figure, promoter pledge as a share of all shares. Inputs: promoter shares pledged or otherwise encumbered, promoters' total shares. Unit: percent of the promoters' holding. Period basis: the latest quarter end. No meaningful value when: The company has no promoter group. Applies to: All companies. Source: Exchange shareholding filing. | 0.00% | 0.00% |
FII holding fell from 4.23% (30 Sept 2025) to 1.27% (30 Sept 2026), down 2.96 percentage points over 5 quarters. Retail and other holding rose from 21.76% (30 Sept 2025) to 24.56% (30 Sept 2026), up 2.80 percentage points over 5 quarters.
Change from 30 Sept 2023 to 30 Sept 2026, 13 quarters.
| % of shares | Now | A window ago | Change |
|---|---|---|---|
| PromotersPromoters: The founding or controlling shareholders named in the company's filing. The promoter and promoter-group holding is the percentage of shares in issue they hold, taken from the latest shareholding pattern. Inputs: promoter and promoter-group shares, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 68.85% | 68.85% | 0.00 pp |
| FIIsFIIs: Foreign institutional investors: overseas funds and institutions holding the shares. The percentage of shares in issue held by foreign portfolio investors, taken from the latest shareholding pattern. Inputs: shares held by foreign portfolio investors, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 1.27% | 4.81% | −3.54 pp |
| DIIsDIIs: Domestic institutional investors: Indian mutual funds, insurers and similar institutions. The percentage of shares in issue held by mutual funds, insurers, banks and other domestic institutions, taken from the latest shareholding pattern. Inputs: shares held by domestic institutions, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 5.32% | 3.12% | +2.20 pp |
| Retail and otherRetail and other: Shares held by holders who are not promoters, foreign institutions or domestic institutions. Public-category holding minus foreign portfolio investor holding minus domestic institution holding, as a percent of shares in issue. The page shows it only when the institutional split is published for the quarter. Inputs: public-category holding, foreign portfolio investor holding, domestic institution holding, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. No meaningful value when: The foreign and domestic institutional split is not yet published for the quarter. Applies to: All companies. Source: Exchange shareholding filing. | 24.56% | 23.22% | +1.34 pp |
| Promoter pledgePromoter pledge: The share of the promoters' holding that is pledged or otherwise encumbered. Promoter shares pledged or otherwise encumbered divided by the promoters' total shares, shown as a percent. The base is the promoters' own holding. The same shares as a percent of all shares is a separate figure, promoter pledge as a share of all shares. Inputs: promoter shares pledged or otherwise encumbered, promoters' total shares. Unit: percent of the promoters' holding. Period basis: the latest quarter end. No meaningful value when: The company has no promoter group. Applies to: All companies. Source: Exchange shareholding filing. | 0.00% | 0.00% |
FII holding fell from 4.81% (30 Sept 2023) to 1.27% (30 Sept 2026), down 3.54 percentage points over 13 quarters. DII holding rose from 3.12% (30 Sept 2023) to 5.32% (30 Sept 2026), up 2.20 percentage points over 13 quarters. Retail and other holding rose from 23.22% (30 Sept 2023) to 24.56% (30 Sept 2026), up 1.34 percentage points over 13 quarters.
Change from 30 Jun 2022 to 30 Sept 2026, 18 quarters.
| % of shares | Now | A window ago | Change |
|---|---|---|---|
| PromotersPromoters: The founding or controlling shareholders named in the company's filing. The promoter and promoter-group holding is the percentage of shares in issue they hold, taken from the latest shareholding pattern. Inputs: promoter and promoter-group shares, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 68.85% | 68.77% | +0.08 pp |
| FIIsFIIs: Foreign institutional investors: overseas funds and institutions holding the shares. The percentage of shares in issue held by foreign portfolio investors, taken from the latest shareholding pattern. Inputs: shares held by foreign portfolio investors, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 1.27% | ||
| DIIsDIIs: Domestic institutional investors: Indian mutual funds, insurers and similar institutions. The percentage of shares in issue held by mutual funds, insurers, banks and other domestic institutions, taken from the latest shareholding pattern. Inputs: shares held by domestic institutions, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 5.32% | 4.80% | +0.52 pp |
| Retail and otherRetail and other: Shares held by holders who are not promoters, foreign institutions or domestic institutions. Public-category holding minus foreign portfolio investor holding minus domestic institution holding, as a percent of shares in issue. The page shows it only when the institutional split is published for the quarter. Inputs: public-category holding, foreign portfolio investor holding, domestic institution holding, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. No meaningful value when: The foreign and domestic institutional split is not yet published for the quarter. Applies to: All companies. Source: Exchange shareholding filing. | 24.56% | ||
| Promoter pledgePromoter pledge: The share of the promoters' holding that is pledged or otherwise encumbered. Promoter shares pledged or otherwise encumbered divided by the promoters' total shares, shown as a percent. The base is the promoters' own holding. The same shares as a percent of all shares is a separate figure, promoter pledge as a share of all shares. Inputs: promoter shares pledged or otherwise encumbered, promoters' total shares. Unit: percent of the promoters' holding. Period basis: the latest quarter end. No meaningful value when: The company has no promoter group. Applies to: All companies. Source: Exchange shareholding filing. | 0.00% | 0.00% |
All figures, every quarter
| % of shares | Jun 22 | Sept 22 | Dec 22 | Mar 23 | Jun 23 | Sept 23 | Dec 23 | Mar 24 | Jun 24 | Sept 24 | Dec 24 | Mar 25 | Jun 25 | Sept 25 | Dec 25 | Mar 26 | Jun 26 | Sept 26 | Change |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PromotersPromoters: The founding or controlling shareholders named in the company's filing. The promoter and promoter-group holding is the percentage of shares in issue they hold, taken from the latest shareholding pattern. Inputs: promoter and promoter-group shares, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 68.77% | 68.77% | 68.83% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | 68.85% | +0.08 pp |
| FIIsFIIs: Foreign institutional investors: overseas funds and institutions holding the shares. The percentage of shares in issue held by foreign portfolio investors, taken from the latest shareholding pattern. Inputs: shares held by foreign portfolio investors, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 4.27% | 4.40% | 4.56% | 4.56% | 4.81% | 6.13% | 6.55% | 6.67% | 6.78% | 6.06% | 5.69% | 5.36% | 4.23% | 2.30% | 1.43% | 0.99% | 1.27% | ||
| DIIsDIIs: Domestic institutional investors: Indian mutual funds, insurers and similar institutions. The percentage of shares in issue held by mutual funds, insurers, banks and other domestic institutions, taken from the latest shareholding pattern. Inputs: shares held by domestic institutions, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. Applies to: All companies. Source: Exchange shareholding filing. | 4.80% | 1.37% | 1.57% | 2.19% | 2.78% | 3.12% | 3.15% | 3.53% | 3.17% | 3.58% | 3.48% | 3.80% | 4.02% | 5.16% | 7.05% | 7.20% | 7.24% | 5.32% | +0.52 pp |
| Retail and otherRetail and other: Shares held by holders who are not promoters, foreign institutions or domestic institutions. Public-category holding minus foreign portfolio investor holding minus domestic institution holding, as a percent of shares in issue. The page shows it only when the institutional split is published for the quarter. Inputs: public-category holding, foreign portfolio investor holding, domestic institution holding, shares in issue. Unit: percent of shares in issue. Period basis: the latest quarter end. No meaningful value when: The foreign and domestic institutional split is not yet published for the quarter. Applies to: All companies. Source: Exchange shareholding filing. | 25.59% | 25.20% | 24.40% | 23.81% | 23.22% | 21.87% | 21.07% | 21.31% | 20.79% | 21.61% | 21.66% | 21.77% | 21.76% | 21.80% | 22.52% | 22.92% | 24.56% | ||
| Promoter pledgePromoter pledge: The share of the promoters' holding that is pledged or otherwise encumbered. Promoter shares pledged or otherwise encumbered divided by the promoters' total shares, shown as a percent. The base is the promoters' own holding. The same shares as a percent of all shares is a separate figure, promoter pledge as a share of all shares. Inputs: promoter shares pledged or otherwise encumbered, promoters' total shares. Unit: percent of the promoters' holding. Period basis: the latest quarter end. No meaningful value when: The company has no promoter group. Applies to: All companies. Source: Exchange shareholding filing. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Change from 30 Jun 2022 to 30 Sept 2026, 18 quarters.
Dividends and corporate actions
Dividends and corporate actions: Dividends, bonus issues and splits declared in the last five years, from the exchange's corporate-actions filings. Dividend per share is in rupees, by ex-date. A bonus or split changes the share count, so per-share amounts before and after it are not directly comparable.- As of 4 Sept 2026
- BSE corporate actions
10 dividends in the five years shown · latest Rs 0.40 per share, ex-date 4 Sept 2026.
Showing the last five years of corporate actions: 10 from Feb 22 to Sept 26.
Dividend per share went from Rs 1.20 (ex-date 23 Feb 2022) to Rs 0.40 (ex-date 4 Sept 2026) across 10 payments.
| Ex-date | Type | Details | Rs per share |
|---|---|---|---|
| 4 Sept 2026 | Dividend | Final Dividend - Rs. - 0.4000 | 0.40 |
| 17 Feb 2026 | Dividend | Interim Dividend - Rs. - 0.2000 | 0.20 |
| 2 Sept 2025 | Dividend | Final Dividend - Rs. - 0.8000 | 0.80 |
| 7 Feb 2025 | Dividend | Interim Dividend - Rs. - 0.6000 | 0.60 |
| 4 Sept 2024 | Dividend | Final Dividend - Rs. - 0.6000 | 0.60 |
| 20 Feb 2024 | Dividend | Interim Dividend - Rs. - 0.6000 | 0.60 |
| 18 Sept 2023 | Dividend | Final Dividend - Rs. - 0.6000 | 0.60 |
| 14 Feb 2023 | Dividend | Interim Dividend - Rs. - 0.6000 | 0.60 |
| 14 Sept 2022 | Dividend | Final Dividend - Rs. - 0.4000 | 0.40 |
| 23 Feb 2022 | Dividend | Interim Dividend - Rs. - 1.2000 | 1.20 |
Management and board
Management and board: Who sits on the board and who runs the company, as the company's annual report lists them, and the changes it has filed with the exchanges.- As of 1 Oct 2026
- Annual report, BSE
8 filings under the exchange's board, directorate and management categories in the last twelve months · latest 1 Oct 2026.
Mr. Sarangan Suresh · Director
Director
Mr. Sarangan Suresh has over three Chairman and Managing Director of decades of experience in operations the Company.The company's own words, page 212.
Listed on page 73Mr. Berjis Desai · Non-Executive Independent DirectorIndependent
Director
Listed on page 73Mr. Sandip Parikh · Director
Director
Listed on page 73Mr. Sameer Hiremath · Director
Director
Mr. Sameer Hiremath is a Bachelor of Engineering Secretarial Standard on General Meetings (“SS-2”) (Chemicals) and an MBA and MS in IT from Boston issued by the Institute of Company Secretaries of India University, USA.The company's own words, page 208.
Listed on page 195Mr. Ravi Khadabadi · President – Crop Protection & Specialty Chemicals
Director · since 27 May 2026 · 0.3 years
Listed on page 1Mr. Anish Swadi · CEO-Animal Health and Specialty Ingredients
Director · since 1 Oct 2026 · 0.0 years
Listed on page 2
Changes filed with the exchanges
- 1 Oct 2026Management and directorsResignation of Mrs. Sugandha Hiremath as Non-Executive Director of the Company.Filing
- 1 Oct 2026Management and directorsPursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Change in ManagementFiling
- 26 Aug 2026Management and directorsPlease find attached intimation on appointment of Chairman and Managing Director of the Company, subject to approval of shareholders at ensuing AGM of the Company.Filing
- 26 Aug 2026Management and directorsThe Board of Directors of the Company at its meeting held today, inter alia, considered and approved the appointment of Mr. Sameer Hiremath as Chairman and Managing Director of the Company ....Filing
- 27 May 2026Management and directorsPursuant to Regulation 30 SEBI (LODR) Regulations, 2015- Change in ManagementFiling
- 27 May 2026Management and directorsPursuant to Regulation 30 SEBI (LODR) Regulation 2015- Change in ManagementFiling
Showing the latest 6 of 8. Every filing is listed under Filings and documents.
Peers
Peers: Companies in the same official BSE industry within a 0.1x to 10x market-cap band, chosen by a fixed rule from the exchange classification. It is a comparison set, not a ranking.- As of 13 Nov 2026
- NSE data and filings
16 companies in the same official industry · market cap Rs 2,748 Cr against a peer median of Rs 18,031 Cr. A comparison set, not a ranking.
| Company | CMP RsCurrent price: The latest end-of-day closing price of one share. The last closing price recorded by the exchange, in rupees per share. It updates once a day after the close. Inputs: closing price. Unit: rupees per share. Period basis: the latest trading day. Applies to: All companies. Source: Daily NSE prices. | Market cap Rs CrMarket cap: The market value of all the company's shares: share price times the number of shares in issue. Latest closing share price multiplied by the number of shares in issue, in rupees. Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: closing share price, number of shares in issue. Unit: rupees. Period basis: the latest close. Applies to: All companies. Source: Latest close and shares in issue. | Sales TTM Rs CrSales (trailing twelve months): Revenue over the last four reported quarters added together. The sum of revenue for the last four discrete quarters, in rupees. Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: quarterly revenue. Unit: rupees. Period basis: trailing twelve months. No meaningful value when: Fewer than four reported quarters are available. Applies to: All companies. | Profit TTM Rs CrNet profit (trailing twelve months): Profit after tax over the last four reported quarters added together. The sum of profit after tax for the last four discrete quarters, in rupees. Held in rupees; the company page shows crore (1 crore = 10,000,000 rupees). Inputs: quarterly profit after tax. Unit: rupees. Period basis: trailing twelve months. No meaningful value when: Fewer than four reported quarters are available. Applies to: All companies. | P/E xP/E: Share price divided by earnings per share: how many rupees the market price is for each rupee of the company's yearly earnings. Latest closing share price divided by earnings per share over the last twelve months, as a number of times. Inputs: closing share price, earnings per share. Unit: times. Period basis: trailing twelve months. No meaningful value when: Earnings per share over the last twelve months are zero or a loss, or fewer than four quarters are reported. Applies to: All companies. Source: Latest close and trailing-twelve-month earnings per share. | ROE %ROE: Return on equity: profit the company earned for its owners as a percentage of the equity they have in it. Net profit attributable to owners over the last twelve months divided by average shareholders' equity, shown as a percent. Inputs: net profit attributable to owners, average shareholders' equity. Unit: percent. Period basis: trailing twelve months. No meaningful value when: Shareholders' equity is zero or a deficit, or the balance sheets needed for the average are not filed. Applies to: All companies. Source: Quarterly and annual filings. |
|---|---|---|---|---|---|---|
| Neuland Laboratories Limited | 21,078 | 27,192 | 2,307 | 452.5 | 59.76x | 26.63% |
| Granules India Limited | 813.2 | 22,182 | 5,895 | 713.6 | 28.14x | 16.22% |
| Alembic Pharmaceuticals Limited | 1,030.15 | 20,248 | 8,477 | 839.8 | 24.00x | 15.46% |
| Shilpa Medicare Limited | 991.5 | 19,394 | 1,842 | 332.4 | 58.05x | 13.40% |
| Onesource Specialty Pharma Limited | 1,610.1 | 18,458 | 1,684 | −1.6 | −0.03% | |
| Caplin Point Laboratories Limited | 2,388.7 | 18,154 | 2,383 | 700.2 | 26.35x | 21.41% |
| Eris Lifesciences Limited | 1,307.2 | 18,131 | 3,330 | 718.4 | 25.40x | 20.94% |
| Alivus Life Sciences Limited | 1,460.6 | 17,932 | 2,684 | 669.7 | 26.78x | 21.78% |
| Pfizer Limited | 3,847.4 | 17,602 | 2,654 | 859.4 | 20.48x | 20.41% |
| Cohance Lifesciences Limited | 458.6 | 17,544 | 2,063 | −5.6 | 1.69% | |
| Jubilant Pharmova Limited | 964.1 | 15,233 | 9,012 | 262.5 | 58.04x | 3.94% |
| AstraZeneca Pharma India Limited | 6,031.5 | 15,079 | 2,602 | 177.7 | 84.84x | 21.63% |
| Natco Pharma Limited | 810.45 | 14,507 | 3,089 | 829.4 | 17.52x | 9.85% |
| Marksans Pharma Limited | 318.5 | 14,433 | 3,392 | 565.7 | 25.77x | 34.24% |
| CORONA Remedies Limited | 2,329.7 | 14,248 | 1,559 | 207 | 68.82x | 25.71% |
| Hikal Limited | 222.47 | 2,748 | 1,851 | −5 | −0.41% | |
| Median | 1,383.9 | 18,031 | 2,669 | 685 | 26.57x | 21.18% |
Filings and documents
Filings and documents: Every exchange filing in the last twelve months, ten to a page, with a filter by type. Each links to the original document.- As of 5 Nov 2026
- BSE filings
98 filings in twelve months · latest 5 Nov 2026 · most often investor communication (37). Types are grouped from the exchange's own sub-categories.
- 5 Nov 2026Investor communicationTranscript of Earnings Call for the Quarter and half year ended September 30, 2026.The company's own statementFiling
- 4 Nov 2026Investor communicationPursuant to Regulation 30 and 47 of the SEBI LODR Regulations- Intimation of Newspaper Publication of Financial Results Q2 FY 27Filing
- 3 Nov 2026Investor communicationAudio Recording of Group Conference call for the quarter and half year ended September 30, 2026.The company's own statementFiling
- 3 Nov 2026Results and reportsResult presentation for the quarter and half year ended September 30, 2026Filing
- 3 Nov 2026Investor communicationAnnouncement under Regulation 30 of SEBI LODR 2015- Press Release on the results of the Company for the quarter and half year ended September 30, 2026.Filing
- 3 Nov 2026Compliance and otherPursuant to Regulation 30(5) of the SEBI LODR Regulations- List of KMP authorized to determine materiality and make disclosures.Filing
- 3 Nov 2026Board and shareholdersUnaudited Financial Results for the quarter and half year ended September 30, 2026Filing
- 2 Nov 2026Investor communicationPress Release on Hikal signs Multi-Year Global CDMO contract with leading Agrochemical CompanyFiling
- 30 Oct 2026Investor communicationPress Release on Hikal''s Bengaluru API facility earns Swissmedic GMP CertificationFiling
- 26 Oct 2026Investor communicationIntimation for Earning Group Conference CallFiling
Sources and coverage
Sources and coverage: Where each figure comes from, and what this page could not cover, in words.- As of 15 Nov 2026
- DalalOS report
6 filings behind the report · coverage ready.
No company-reported operating metrics are available.
Same official industry (Pharmaceuticals)
- Neuland Laboratories LimitedRs 27,192 Cr
- Granules India LimitedRs 22,182 Cr
- Alembic Pharmaceuticals LimitedRs 20,248 Cr
- Shilpa Medicare LimitedRs 19,394 Cr
- Onesource Specialty Pharma LimitedRs 18,458 Cr
- Caplin Point Laboratories LimitedRs 18,154 Cr
- Eris Lifesciences LimitedRs 18,131 Cr
- Alivus Life Sciences LimitedRs 17,932 Cr
Other Healthcare companies of a similar market capitalisation
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.
Every value on this page was reported by the company or mechanically calculated from reported values. DalalOS does not estimate missing values or offer a view on whether to trade the security. Research and analysis only, not investment advice. DalalOS is not a SEBI-registered investment adviser.