EMCURE quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Emcure Pharmaceuticals Ltd reported sales of ₹2,820 Cr, operating profit of ₹588 Cr (OPM 21%) and net profit of ₹325 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
EMCURE quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
1,963
2,116
2,101
2,270
2,363
2,470
2,580
2,820
YoY Sales growth
18
19
16
13
20
17
23
24
Expenses
1,608
1,714
1,684
1,794
1,871
1,990
2,048
2,233
Operating Profit
355
402
417
475
493
480
532
588
OPM
18%
19%
20%
21%
21%
19%
21%
21%
Other Income
4
-6
0
3
-36
14
2
3
Interest
32
39
27
33
38
46
32
36
Depreciation
97
97
99
105
105
106
110
110
Profit before tax
230
261
291
341
314
341
394
446
Tax
32%
24%
26%
26%
26%
29%
26%
27%
Net Profit
156
197
215
251
231
244
292
325
EPS in Rs
8.11
9.97
10.92
12.84
12.16
12.84
15.5
17.16
EMCURE profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
5,855
5,986
6,658
7,896
9,204
10,234
Sales growth
16
2
11
19
17
21
Expenses
4,525
4,804
5,429
6,427
7,458
8,141
Operating Profit
1,330
1,182
1,230
1,469
1,746
2,093
OPM
23%
20%
18%
19%
19%
20%
Other Income
63
39
47
62
100
-17
Interest
176
214
237
176
144
152
Depreciation
245
260
312
384
415
430
Profit before tax
973
747
727
971
1,287
1,494
Tax
28%
25%
27%
27%
27%
-
Net Profit
703
562
528
707
941
1,093
EPS in Rs
36.62
29.42
27.5
35.96
48.76
57.66
Dividend Payout
8%
7%
7%
8%
7%
-
EMCURE balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
181
189
-
190
190
Reserves
2,771
4,257
-
4,760
5,154
Borrowings
2,335
1,023
-
1,521
1,791
Other Liabilities
2,422
2,653
-
3,043
3,029
Total Liabilities
7,709
8,122
-
9,514
10,164
Fixed Assets
3,125
3,197
-
3,319
3,372
CWIP
159
177
-
273
328
Investments
318
95
-
20
20
Other Assets
4,108
4,652
-
5,903
6,444
Total Assets
7,709
8,122
-
9,514
10,164
EMCURE cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
768
747
1,097
852
944
Cash from Investing Activity
-574
-468
-715
-96
-1,175
Cash from Financing Activity
-152
-145
-164
-814
343
Net Cash Flow
42
134
219
-58
112
Free Cash Flow
349
345
801
475
400
CFO/OP
81%
80%
107%
75%
70%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit