CIPLABSECipla LtdHighPositive
Announced Wed, 13 May · 12:40 IST

Declaration of final dividend of INR 13 per equity share for FY ended March 31, 2026

Corporate Actions View source PDF

CIPLA · price

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Price reaction · full curve 14 horizons · vs prior close
+10.9%1-day move
₹1293.70
prior close
₹1298.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+1.4+1.9+3.6+10.9+10.4+10.2+8.9+8.2+7.7+8.4+6.8+10.3
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AI summary

Cipla's Board has recommended a final dividend of INR 13 per equity share (face value INR 2) for FY26, subject to shareholder approval at the ensuing AGM. The record date for dividend entitlement is 5th June, 2026, with payment due within 30 days of the AGM. Consolidated net profit declined significantly to INR 3,862 Crores from INR 5,269 Crores in the prior year, primarily due to an exceptional charge of INR 275.91 Crores related to new labour code implementation. Standalone PAT fell to INR 3,515 Crores from INR 5,158 Crores. The company also completed acquisition of Inzpera Healthsciences Limited in December 2025 and announced a scheme of amalgamation for the same.

Likely market impact

The maintained dividend signals management confidence despite a 27% YoY decline in consolidated net profit. However, the significant profit drop and one-time exceptional charge warrant caution for income-focused investors expecting dividend growth.