MARKET EOD
NIFTY 50:23,960.60▲ +149.75 (+0.63%)
SENSEX:77,301.40▲ +886.41 (+1.16%)
BANK NIFTY:55,913.60▲ +373.55 (+0.67%)
NIFTY IT:32,061.90▼ -489.70 (-1.50%)
MCX GOLD:₹139,452.00▼ -734.00 (-0.52%)
MCX SILVER:₹179,698.00▼ -4,081.00 (-2.22%)
MCX CRUDEOIL:₹9,104.00▲ +32.00 (+0.35%)
USD/INR:₹94.8343▼ -0.9382 (-0.98%)
YT X
Advertisement • SRK Money Talk
Home › Company Intelligence › Sun Pharma Advanced Research Company Limited (SPARC)
NSE: SPARC MID_CAP Diversified REPORTED STATUTORY SOURCE • Data as of FY25 FRESH

Sun Pharma Advanced Research Company Limited

Units: ₹ Crores • Basis: Statutory Filing (Consolidated/Primary) • Reporting Period: FY25 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR • Last Checked: 14 Oct 2026
FY25 Revenue ₹44.58 Cr
FY25 Net Profit ₹-284 Cr
Reported EPS ₹-8.76
Operating Margin -641.61%
Return on Equity -307.9%
ROCE -223.0%
Debt / Equity 0.37x
Net Profit Margin -637.60%
WHAT IS HAPPENING NOW • MATERIAL DEVELOPMENTS

Latest Earnings Released (Q2 FY27): Reported quarterly statutory revenue of ₹53.65 Cr with net profit of ₹-24.58 Cr (EPS: ₹-0.76).

Exchange Disclosure (2026-11-03): Copy of Newspaper Publication —

BUSINESS OVERVIEW & CORPORATE PROFILE

Official listing profile for Sun Pharma Advanced Research Company Limited under Diversified.

Official listing profile for Sun Pharma Advanced Research Company Limited under Diversified.

Key Offerings & Operating Lines:

Commercial & Industrial

Headquarters India
Incorporated N/A
Workforce N/A
Statutory Auditor N/A
Credit Rating N/A
SRK FUNDAMENTAL HEALTH SCORE Distressed (12/100)
12 / 100
Algorithmic 5-pillar assessment calibrated against audited SEBI filings and historical balance sheets.
Pillar Score Breakdown
Revenue & Earnings Growth 0 / 20
Profitability & Margins 0 / 20
Solvency & Capital Structure 9 / 20
Cash Flow Quality 0 / 20
Capital Allocation & Valuation 3 / 20
Key Strengths
  • + Conservative leverage profile (D/E 0.37)
Key Vigilance Points & Risks
  • − YoY revenue contraction (-41.0%)
  • − Net losses recorded in latest fiscal year (₹-284.2 Cr)
  • − Operating at a net loss; return metrics negative
  • − Tight interest coverage safety buffer (-227.9x)
  • − Negative Return on Capital Employed
Advertisement • SRK Money Talk
FINANCIAL PERFORMANCE • STATEMENT OF PROFIT & LOSS (IND-AS) Ind-AS • REPORTED EXCHANGE DATA
Multi-Year Revenue & Net Profit Trajectory (₹ Crores • Ind-AS)
₹0k₹0k₹0k₹0k₹0kRevenue: ₹76 CrNet Profit: ₹-387 CrFY24Revenue: ₹45 CrNet Profit: ₹-284 CrFY25RevenueNet Profit
Annual Financial Statements (₹ Crores • Ind-AS Normalized) Latest Period End: 31 Dec 2024 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR
Annual Metric (₹ Cr)FY24
Mar 2024
FY25
Dec 2024
Sales / Revenue from Operations₹76₹45
Operating Expenditure₹478N/A
Operating Profit (EBITDA)₹-402₹-286
Operating Profit Margin (OPM %)-532.23%-641.61%
Other Income₹29N/A
Finance Costs / Interest₹1.69N/A
Depreciation & Amortization₹13N/A
Profit Before Tax (PBT)₹-387₹-284
Tax Expense₹0.38N/A
Net Profit (PAT)₹-387₹-284
Net Profit Margin (NPM %)-512.52%-637.60%
Basic / Diluted EPS (₹)₹-11.93₹-8.76
Cash from Operations (CFO)₹-429N/A
Free Cash Flow (FCF)₹-456N/A
Recent Quarterly Performance (₹ Crores • SEBI LODR Reg 33)Latest Quarter End: 30 Sep 2026 • Source: NSE_OFFICIAL_API
Quarterly Metric (₹ Cr)Q2 FY25
Sep 2024
Q3 FY25
Dec 2024
Q1 FY26
Jun 2025
Q2 FY26
Sep 2025
Q3 FY26
Dec 2025
Q4 FY26
Mar 2026
Q1 FY27
Jun 2026
Q2 FY27
Sep 2026
Sales / Revenue₹13₹15₹19₹7.87₹8.45₹1,855₹64₹54
Operating Profit (EBITDA)₹-108₹-80₹-52₹-76₹-81₹1,761₹-21₹-25
OPM %-837.71%-535.88%-278.83%-965.31%-953.49%94.92%-33.00%-45.82%
Profit Before Tax (PBT)₹-108₹-80₹-52₹-76₹-81₹1,761₹-21₹-25
Net Profit (PAT)₹-108₹-80₹-52₹-76₹-81₹1,761₹-21₹-25
NPM %-837.40%-534.61%-278.83%-965.31%-953.49%94.92%-33.00%-45.82%
Basic / Diluted EPS (₹)₹-3.32₹-2.46₹-1.60₹-2.34₹-2.48₹54.26₹-0.65₹-0.76
BALANCE SHEET & CASH FLOW INTELLIGENCE (₹ CRORES • AUDITED) Exchange Reported
Annual Balance Sheet Strength (₹ Crores • Schedule III Ind-AS)
Balance Sheet Item (₹ Cr)FY24FY25
Equity Share Capital₹32N/A
Reserves & Surplus₹93N/A
Net Worth (Shareholders' Funds)₹126N/A
Total Borrowings & Debt₹47N/A
Total Balance Sheet Assets₹515N/A
Cash Flow Statement (₹ Crores • Indirect Method)
Cash Flow Item (₹ Cr)FY24FY25
Cash Flow from Operating Activities (CFO)₹-429N/A
Cash Flow from Investing Activities (CFI)₹392N/A
Cash Flow from Financing Activities (CFF)₹42N/A
Free Cash Flow / Net Cash Flow₹-456N/A
PROFITABILITY, RETURN & SOLVENCY RATIOS Derived from Verified Filings
Financial Ratio / Efficiency MetricFY24FY25
Operating Profit Margin (OPM)-532.23%-641.61%
Net Profit Margin (NPM)-512.52%-637.60%
Return on Equity (ROE)-307.92%N/A
Return on Capital Employed (ROCE)-222.95%N/A
Return on Assets (ROA)-75.18%N/A
Debt to Equity Ratio0.37xN/A
Interest Coverage Ratio-237.9xN/A
SHAREHOLDING INTELLIGENCE • INSTITUTIONAL FLOWS SEBI LODR Reg 31
HOLDING PATTERN
Promoter: 65.67%
FII: 3.75%
DII: 0.11%
Public: 30.48%
Pledged: 0.00%
Quarterly Shareholding Trend & Institutional Inflows
CategorySep 2026Sep 2026Jun 2026Mar 2026Dec 2025QoQ Shift
Promoter Holding65.67%65.67%65.67%65.67%65.67%0.00%
Foreign Institutional (FII)3.75%N/A3.75%N/AN/A—
Domestic Institutional (DII / MFs)0.11%N/A0.11%N/AN/A—
Public & Retail30.48%34.33%30.48%34.33%34.33%-3.85%
Promoter Pledged Shares0.00%0.00%0.00%0.00%0.00%—
KEY MANAGEMENT & BOARD GOVERNANCE
INDEPENDENT Appointed: Mar 2006
Mr Dilip Shantilal Shanghvi
Chairperson related to Promoter & Non-Executive - Non Independent Director

DIN: 00005588 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Jun 2007
Mr Rajamannar Thennati
Not Applicable & Non-Executive - Non Independent Director

DIN: 01415412 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Oct 2014
Mrs Bhavna Gautam Doshi
Not Applicable & Non-Executive - Independent Director

DIN: 00400508 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: May 2017
Mr Ferzaan Nariman Engineer
Not Applicable & Non-Executive - Independent Director

DIN: 00025758 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Jun 2020
Mr Robert Spiegel
Not Applicable & Non-Executive - Independent Director

DIN: 08739625 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Jul 2024
Mrs Vidhi Dilip Shanghvi
Not Applicable & Non-Executive - Non Independent Director

DIN: 06497350 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

CORPORATE ACTIONS & DIVIDEND TRACK RECORD
Latest Dividend Paid ₹2.00
LTM Total Dividend ₹44.35
Dividends Recorded 9 payouts
Corporate Action Disclosures (Dividends, Bonus & Splits)
TypeEx-DateRecord DateAmount / RatioDescription
DIVIDEND2026-09-152026-09-15₹2.00Final Dividend - Rs. - 2.0000
DIVIDEND2026-09-152026-09-15₹7.00Final Dividend - Rs. - 7.0000
DIVIDEND2026-09-152026-09-15₹0.50Final Dividend - Rs. - 0.5000
DIVIDEND2026-09-152026-09-15₹5.00Final Dividend - Rs. - 5.0000
DIVIDEND2026-09-152026-09-15₹0.55Final Dividend - Rs. - 0.5500
DIVIDEND2026-09-152026-09-15₹25.00Final Dividend - Rs. - 25.0000
DIVIDEND2026-09-152026-09-15₹3.00Final Dividend - Rs. - 3.0000
CORPORATE_ACTION2026-09-152026-09-15N/ARight Issue of Equity Shares
DIVIDEND2026-09-152026-09-15₹1.00Final Dividend - Rs. - 1.0000
DIVIDEND2026-09-152026-09-15₹0.30Final Dividend - Rs. - 0.3000
CORPORATE_ACTION2021-09-21N/AN/AAnnual General Meeting
CORPORATE_ACTION2020-09-22N/AN/AAnnual General Meeting
CORPORATE_ACTION2019-07-18N/AN/AAnnual General Meeting
CORPORATE_ACTION2018-07-19N/AN/AAnnual General Meeting
CORPORATE_ACTION2017-07-27N/AN/AAnnual General Meeting
REGULATORY FILINGS & EXCHANGE DISCLOSURES
Copy of Newspaper Publication 03 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Copy of Newspaper Publication

Outcome of Board Meeting 02 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Outcome of Board Meeting

Monitoring Agency Report 02 Nov 2026, 12:00 AM • NSE_OFFICIAL_API
Monitoring Agency Report

CERTIFICATE UNDER SEBI (DEPOSITORIES AND PARTICIPANTS) REGUL 07 Oct 2026, 10:31 AM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018 — Sun Pharma Advanced Research Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Sun Pharma Advanced Research Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Certificate under SEBI (Depositories and Participants) Regulatio 07 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

PENDENCY OF LITIGATION(S)/DISPUTE(S) OR THE OUTCOME IMPACTIN 04 Oct 2026, 12:48 PM • NSE_OFFICIAL_API
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company — Sun Pharma Advanced Research Company Limited has informed the Exchange about update on Litigation.

Sun Pharma Advanced Research Company Limited has informed the Exchange about update on Litigation.

Pendency of Litigation(s)/dispute(s) or the outcome impacting th 04 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

TRADING WINDOW 25 Sep 2026, 03:34 PM • NSE_OFFICIAL_API
Trading Window — Sun Pharma Advanced Research Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Sun Pharma Advanced Research Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

UNIFIED CORPORATE CHRONOLOGICAL TIMELINE
2026-11-03 Copy of Newspaper Publication • NSE_OFFICIAL_API
Copy of Newspaper Publication

2026-11-02 Monitoring Agency Report • NSE_OFFICIAL_API
Monitoring Agency Report

2026-11-02 Outcome of Board Meeting • NSE_OFFICIAL_API
Outcome of Board Meeting

2026-10-07 Certificate under SEBI (Depositories and Participants) Regulatio • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-07 CERTIFICATE UNDER SEBI (DEPOSITORIES AND PARTICIPANTS) REGUL • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018 — Sun Pharma Advanced Research Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Sun Pharma Advanced Research Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-04 Pendency of Litigation(s)/dispute(s) or the outcome impacting th • NSE_OFFICIAL_API
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

2026-10-04 PENDENCY OF LITIGATION(S)/DISPUTE(S) OR THE OUTCOME IMPACTIN • NSE_OFFICIAL_API
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company — Sun Pharma Advanced Research Company Limited has informed the Exchange about update on Litigation.

Sun Pharma Advanced Research Company Limited has informed the Exchange about update on Litigation.

2026-09-30 QUARTERLY_RESULTS • Exchange Filing
Financial Results Announced: Q2 FY27

Reported Revenue of ₹53.7 Cr and Net Profit of ₹-24.6 Cr.

2026-09-30 SHAREHOLDING_FILING • NSE_OFFICIAL_API
Shareholding Pattern Filed: Q2 FY27

Quarterly distribution: Promoter 65.67% | FII N/A | DII N/A | Public 34.33%.

2026-09-30 SHAREHOLDING_FILING • SEBI_LODR_REG31_NSE
Shareholding Pattern Filed: Sep 2026

Quarterly distribution: Promoter 65.67% | FII 3.75% | DII 0.11% | Public 30.48%.

2026-09-25 Trading Window • NSE_OFFICIAL_API
Trading Window

2026-09-25 TRADING WINDOW • NSE_OFFICIAL_API
Trading Window — Sun Pharma Advanced Research Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Sun Pharma Advanced Research Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

STATUTORY SOURCE PROVENANCE & VERIFICATION AUDIT TRAIL
BSE Official Filings (532872) ↗ NSE Official Quote (SPARC) ↗

Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.

Data Domain Reporting Period Statutory Source Ingestion Date Status Provenance Hash
financials_quarterly Q2 FY27 NSE_OFFICIAL_API 04 Nov 2026, 13:45 VERIFIED 30e2e47cd1bf...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 01 Nov 2026, 16:46 VERIFIED d1bcaf22a60b...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 29 Oct 2026, 10:04 VERIFIED d1bcaf22a60b...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 26 Oct 2026, 22:12 VERIFIED d1bcaf22a60b...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 23 Oct 2026, 12:28 VERIFIED d1bcaf22a60b...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 19 Oct 2026, 01:47 VERIFIED 6c1f6f3f9c85...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 14 Oct 2026, 17:45 VERIFIED 6c1f6f3f9c85...

DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY

All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.

Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.

Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.