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Piramal Pharma Ltd.

PPLPHARMAHealthcare filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

14 transcript(s)/analyst meet(s) served; 10 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 14 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202211112022-09-30yes
TRANSCRIPT202302132022-12-31yes
TRANSCRIPT202305182023-03-31yes
COVER_LETTER202305292023-03-31no
TRANSCRIPT202308072023-06-30yes
COVER_LETTER202310312023-09-30no
COVER_LETTER202402022023-12-31no
COVER_LETTER202405142024-03-31no
COVER_LETTER202407292024-06-30no
COVER_LETTER202410262024-09-30no
COVER_LETTER202501302024-12-31no
COVER_LETTER202511072025-09-30no
COVER_LETTER202601302025-12-31no
COVER_LETTER202607312026-06-30no

PPLPHARMA

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close208.12
52-week range133.27 – 226.62
Return 1M0.2%
Return 3M24.11%
Return 1Y6.0%
Return 3Y114.56%
Return 5Ynot reported for this period
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations2,270.00
Other income89.00
Total income2,359.00
Cost of materials consumed725.00
Purchases of stock-in-trade420.00
Changes in inventories-293.00
Employee benefit expense676.00
Finance costs88.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.35-0.00
institutions foreign0.13-0.18
institutions domestic0.15-0.01
mutual funds0.13-0.01
public0.65-0.00

Documents on file

ClassMost recentOn file
COVER_LETTER2026-06-3010
TRANSCRIPT2023-06-304

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations1,720.001,716.002,164.001,749.001,911.001,959.002,552.001,951.002,242.002,204.002,754.001,934.002,044.002,140.002,752.002,270.00
Other income46.0083.0024.0038.0049.0062.0026.0020.0061.0012.0042.0058.0066.0043.0046.0089.00
Total income1,766.001,799.002,188.001,787.001,961.002,020.002,579.001,971.002,303.002,216.002,796.001,992.002,109.002,183.002,798.002,359.00
Cost of materials consumed434.00350.00487.00417.00532.00628.00400.00471.00575.00805.00204.00524.00483.00505.00483.00725.00
Purchases of stock-in-trade222.00332.00202.00268.00244.00228.00436.00315.00395.00161.00547.00343.00375.00377.00336.00420.00
Changes in inventories8.00-56.00151.00-59.00-138.00-180.00178.00-112.00-173.00-161.00205.00-173.00-156.00-96.00237.00-293.00
Employee benefit expense470.00492.00474.00496.00516.00524.00494.00580.00560.00556.00612.00619.00611.00600.00586.00676.00
Finance costs83.0095.00104.00119.00110.00106.00114.00107.00108.00103.00104.0086.0082.0089.0083.0088.00
Depreciation and amortisation166.00164.00184.00174.00185.00186.00196.00185.00192.00197.00243.00197.00203.00213.00218.00224.00
Other expenses413.00511.00499.00494.00492.00491.00514.00493.00544.00504.00626.00514.00571.00558.00650.00547.00
Total expenses1,797.001,888.002,101.001,909.001,940.001,982.002,333.002,038.002,200.002,167.002,540.002,110.002,170.002,246.002,593.002,386.00
Profit before exceptional items and tax-30.00-89.0087.00-121.0020.0038.00246.00-67.00103.0050.00257.00-118.00-61.00-63.00205.00-27.00
Exceptional items-7.000.000.000.000.00-32.00-31.000.000.000.000.0021.000.00-41.00-176.000.00
Profit before tax-37.00-89.0087.00-121.0020.005.00215.00-67.00103.0050.00257.00-98.00-61.00-104.0029.00-27.00
Current tax31.0026.0033.0025.0026.0033.00101.0050.0094.0072.0094.0034.0055.0047.0026.0065.00
Deferred tax-20.00-10.0012.00-33.008.00-24.0025.00-6.003.00-9.0025.00-32.00-2.00-5.0026.00-3.00
Tax expense11.0017.0045.00-9.0035.009.00126.0044.0098.0063.00119.003.0053.0042.0052.0062.00
Profit for the period-37.00-90.0050.00-99.005.0010.00101.00-89.0023.004.00154.00-82.00-99.00-136.00-9.00-69.00
Profit attributable to owners———————-89.0023.004.00154.00-82.00-99.00-136.00-9.00-69.00
Profit attributable to non-controlling interests0.000.00——0.000.000.000.000.000.000.000.00—0.000.000.00
Other comprehensive income12.00125.0017.0027.008.0044.00-22.00-4.0055.0015.0014.0044.0071.0060.00163.00-31.00
Total comprehensive income-25.0034.0067.00-72.0014.0054.0079.00-93.0078.0019.00167.00-38.00-28.00-76.00154.00-100.00
Earnings per share, basic-0.31-0.760.42-0.830.040.080.77-0.670.170.031.16-0.62-0.75-1.03-0.07-0.52
Earnings per share, diluted-0.31-0.760.42-0.830.040.080.77-0.670.170.031.16-0.62-0.75-1.03-0.07-0.52

Annual results, as filed

Line2023-03-312024-03-312025-03-312026-03-31
Revenue from operations7,082.008,171.009,151.008,869.00
Other income225.00175.00135.00213.00
Total income7,307.008,347.009,286.009,082.00
Cost of materials consumed1,682.001,977.002,056.001,996.00
Purchases of stock-in-trade952.001,176.001,417.001,431.00
Changes in inventories69.00-199.00-241.00-188.00
Employee benefit expense1,896.002,030.002,307.002,416.00
Finance costs344.00448.00422.00341.00
Depreciation and amortisation677.00741.00816.00831.00
Other expenses1,854.001,991.002,167.002,293.00
Total expenses7,474.008,164.008,944.009,120.00
Profit before exceptional items and tax-168.00183.00342.00-37.00
Exceptional items-7.00-63.000.00-196.00
Profit before tax-174.00120.00342.00-233.00
Current tax110.00185.00310.00162.00
Deferred tax-44.00-24.0013.00-12.00
Tax expense66.00161.00324.00150.00
Profit for the period-186.0018.0091.00-326.00
Profit attributable to owners——91.00-326.00
Profit attributable to non-controlling interests—0.000.000.00
Other comprehensive income176.0057.0080.00338.00
Total comprehensive income-11.0075.00171.0012.00
Earnings per share, basic-1.570.140.69-2.46
Earnings per share, diluted-1.570.140.68-2.46

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets13,671.0014,523.0014,776.0015,312.0015,242.0015,678.0016,189.0017,965.00
Non-current assets9,357.009,687.009,822.009,847.009,860.009,881.0010,236.0010,773.00
Current assets4,313.004,835.004,954.005,464.005,382.005,797.005,953.007,192.00
Property, plant and equipment2,919.003,363.003,343.003,873.003,930.004,176.004,304.004,451.00
Capital work-in-progress966.00853.00989.00566.00621.00489.00567.00799.00
Goodwill1,123.001,108.001,118.001,123.001,130.001,148.001,188.001,257.00
Other intangible assets2,842.002,773.002,702.002,617.002,538.002,451.002,462.002,584.00
Inventories1,730.001,681.002,060.002,176.002,447.002,313.002,743.003,064.00
Trade receivables1,389.001,799.001,743.002,134.001,827.002,350.001,985.002,158.00
Cash and cash equivalents396.00196.00252.00357.00270.00369.00499.001,200.00
Total equity and liabilities13,671.0014,523.0014,776.0015,312.0015,242.0015,678.0016,189.0017,965.00
Equity6,672.006,774.007,758.007,911.007,907.008,125.008,074.008,163.00
Equity share capital1,193.001,193.001,323.001,323.001,323.001,324.001,326.001,327.00
Other equity5,479.005,580.006,435.006,588.006,584.006,801.006,748.006,835.00
Total liabilities6,999.007,749.007,018.007,400.007,335.007,552.008,116.009,802.00
Non-current liabilities3,811.003,906.003,421.003,031.002,097.003,786.003,956.005,044.00
Current liabilities3,188.003,843.003,597.004,369.005,237.003,766.004,160.004,758.00
Borrowings, non-current3,319.003,384.002,861.002,484.001,535.003,214.003,317.004,300.00
Borrowings, current1,570.002,121.001,543.002,075.003,108.001,506.001,399.001,196.00
Trade payables1,086.001,193.001,461.001,538.001,336.001,534.001,828.002,479.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities127.00484.00508.001,005.00185.00892.00890.001,653.00
Net cash from investing activities-412.00-1,339.00-107.00-434.00-74.00-477.00-468.00-826.00
Net cash from financing activities463.00818.00-387.00-422.00-263.00-441.00-361.00-39.00
Purchase of property, plant and equipment427.00965.00323.00712.00260.00664.00433.00890.00
Net increase in cash185.00-32.0020.00166.00-158.00-37.0038.00794.00
con:CFO.BEFORE_TAX252.00673.00560.001,165.00371.001,227.00980.001,863.00
con:INTEREST_RECEIVED.OPERATING0.000.00-5.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING125.00189.0081.00157.00187.00334.0090.00210.00
con:CF_OTHER.OPERATING0.000.0034.00-4.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.001,209.000.001,671.001.001,872.000.00992.00
con:INVESTMENTS_SOLD0.00834.000.001,943.000.001,999.000.00888.00
con:PPE_DISPOSALS11.0020.001.002.001.005.0012.0013.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED20.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-08-222023-09-272023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group35.0235.0235.0235.0235.0234.9534.9534.9534.9534.860.350.350.350.35
Domestic institutions7.837.878.029.6812.1212.9513.8114.1014.7814.260.150.160.160.15
Mutual funds—————————12.320.130.140.140.13
Insurance companies3.823.803.802.882.642.432.222.131.791.670.010.010.010.01
Foreign institutions32.2332.6232.3732.5130.5931.4231.7331.6831.4930.860.300.300.300.13
Government—————————0.000.000.000.000.00
Public64.5964.6064.6064.6064.6164.5864.6164.6564.7164.570.650.650.650.65
Non-institutional24.5424.1124.2122.4121.8920.2119.0718.8718.4419.450.190.190.190.38
Shares outstanding13229230981322948130132294813013229481301322948130132574813013257481301325748130132574813013292481301329248130132924813013292481301331348130

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Piramal Pharma LimitedHolding CompanyAny other transaction, Interest paid, Purchase of go3,052,800,000.0064
Piramal Critical Care, IncSubsidiaryAny other transaction, Interest paid, Purchase of go2,856,500,000.0057
Piramal Critical Care B.V.SubsidiaryAny other transaction, Interest received, Purchase o1,859,200,000.0024
Piramal Critical Care LimitedSubsidiaryAny other transaction, Interest received, Purchase o1,119,100,000.0032
AbbVie Therapeutics India Private LimitedOther Related partyAny other transaction, Sale of goods or services994,900,000.003
Ash Stevens LLCSubsidiaryAny other transaction, Interest paid, Interest recei899,600,000.0045
PEL Pharma Inc.SubsidiaryAny other transaction, Interest paid, Interest recei638,000,000.0023
Piramal Dutch Holdings N.V.SubsidiaryAny other transaction, Interest paid, Interest recei536,000,000.0022
Piramal Healthcare UK LimitedSubsidiaryAny other transaction, Interest received, Purchase o420,100,000.0036
Piramal Healthcare Inc.Fellow SubsidiaryAny other transaction, Interest paid380,300,000.0025
Piramal Pharma Solutions Inc.SubsidiaryAny other transaction, Interest paid, Interest recei332,900,000.0045
Piramal Corporate Services LimitedOther Related partyAny other transaction, Purchase of goods or services289,600,000.0015
Piramal Healthcare (Canada) LimitedSubsidiaryAny other transaction, Interest paid, Purchase of go217,700,000.0032
Staff Provident of Piramal Pharma LimitedOther Related partyAny other transaction217,200,000.001
Yapan Bio Private LimitedOther Related partyAny other transaction, Purchase of goods or services204,900,000.002

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2023-08-07Q1FY24PHARMA LIMITED., PIRAMAL PHARMA LIMITED.Read the call
2023-05-18Q4FY23Read the call
2023-02-13Q3FY23GAGAN, GENERAL, PHARMA LIMITED, PIRAMAL PHARMA LIMITEDRead the call
2022-11-11Q2FY23OFFICER, PIRAMAL GLOBAL PHARMA, PHARMA LIMITED, PIRAMAL PHARMA LIMITEDRead the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ1FY24Q2FY23Q3FY23
CapexThere was a question on the quantum of CAPEX spend in FY'24, Quarter 1?In all, we've committed about $157 million of growth-oriented CAPEX investments across the various sites, which is expected to be completed over the n…Our growth CAPEX planned over the next 12 to 18 months are well on track.
Capital allocationAnd the integration has been done and yes, the current revenues do include a part of Hemmo Pharmaceutical, but remember it was also there part of the …We have recent acquisition and integration of the Hemmo Pharmaceuticals which makes generic peptide APIs.In our injectable pain management portfolio, we have scale up challenges at our new CMOs as we transitioned post-acquisition.
CostsWe continue to work towards cost optimizations, strategizing procurement and implementing operational expense initiative to mitigate inflationary pres…Navigating the current inflationary raw material and energy prices is an important challenge for us.Navigating the current inflationary environment on account of high raw material, energy prices and wage inflation is an important challenge for us in …
Debt and cashOur net debt at the end of Quarter 1 FY'24 is about Rs.So they can be positioned for success, assuming a positive result from that trial that would be underway, whereas now it seems as they're looking more…There was a question on what is the current net debt in the books.
DemandWe are also seeing healthy demand for our recently expanded facilities offering differentiated capabilities.November 09, 2022 pipeline or do you continue to believe that you want to grow on the generic space as well in the longer run?However, the delay in decision-making at the customer's end continues given the macro economic environment and prioritization of R&D pipeline due to l…
GuidanceThe pricing has also been decided keeping in mind, the regulatory requirements and the general precedence basis guidance by our lead managers to the i…We expect a similar trend to follow this year as well.February 09, 2023 over the next 3 to 5 years for us to achieve our margin guidance.
MarginOur EBITDA during the first quarter stood at Rs.Historically, H2 has always been much stronger than H1, with about 55% of total revenue, and 66% of the EBITDA being booked in H2.EBITDA margins during the quarter and nine months were 10%, impacted by higher operating margins, including raw material costs, energy prices, wage in…
PeopleAnd what will be our capacity utilization as of today if I look at the CDMO and anesthesia business?We spoke about people and attrition, and several measures have been taken to ensure that our vacancies are filled in across multiple sites.It also included an impact of higher average headcount recruited at our Riverview facility, where expansion has now gone live as I mentioned, and at o…
PricingRationale for the rights pricing, it has been out endeavour to keep the pricing fair to enable participation by all shareholders.It's price increases, where we can in operational excellence as well as cost optimization, and procurement cost optimization as well.And we're trying to offset that through judicious price increases and working out several cost optimization and operational excellence measures.
Revenue growthQuarter's Performance During the quarter we have registered a year-on-year revenue growth of 18% delivering revenues of Rs.During the quarter, we registered a revenue growth of 9% delivering revenues of Rs.1,720 crores.Starting with the performance of the Company in Q3 and nine months FY'23, during the quarter, we registered a year-on-year revenue growth of 11% with …

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2022-11-11Q2FY23PIRAMAL PHARMA LIMITEDWe expect about 15% revenue growth in the next three to five years.