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H

Hikal HIKAL.NS · INR

Health Care · NSE · 🇮🇳 India

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225.40

+2.68%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹18.60bn

FY2016FY2025

Net income

₹908.0m

FY2016FY2025

Free cash flow

₹1.43bn

FY2016FY2025

Shareholders' equity

₹12.62bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₹18.60bn₹17.85bn₹20.23bn₹19.43bn₹17.20bn₹15.07bn₹15.90bn₹13.00bn₹10.34bn₹9.26bn
Gross profit₹9.84bn₹9.21bn₹8.81bn₹9.09bn₹7.84bn₹5.76bn₹5.77bn₹4.67bn₹4.01bn₹3.59bn
Operating income₹1.94bn₹1.50bn₹1.49bn₹2.45bn₹2.38bn₹1.75bn₹2.09bn₹1.60bn₹1.28bn₹1.16bn
Net income₹908.0m₹696.0m₹783.8m₹1.60bn₹1.33bn₹844.4m₹1.03bn₹772.3m₹677.2m₹412.0m
Diluted earnings per share7.365.626.3613.0110.816.858.366.265.493.34

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹25.29bn₹24.87bn₹23.85bn₹22.13bn₹19.13bn₹17.68bn₹16.86bn₹15.42bn₹13.79bn₹13.21bn
Cash and short-term investments₹178.0m₹206.7m₹593.0m₹591.1m₹365.7m₹633.6m₹315.2m₹269.9m₹162.3m₹189.8m
Total liabilities₹12.67bn₹12.99bn₹12.52bn₹11.45bn₹9.80bn₹9.51bn₹9.29bn₹8.72bn₹7.74bn₹7.67bn
Debt₹6.33bn₹7.14bn₹6.63bn₹5.60bn₹5.15bn₹5.62bn₹6.00bn₹5.74bn₹5.50bn₹5.64bn
Shareholders' equity₹12.62bn₹11.88bn₹11.33bn₹10.68bn₹9.33bn₹8.17bn₹7.56bn₹6.69bn₹6.05bn₹5.54bn
Shares outstanding123m124m123m123m123m123m123m123m123m123m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₹2.80bn₹1.87bn₹3.15bn₹2.94bn₹2.29bn₹2.85bn₹1.86bn₹1.39bn₹1.63bn₹1.86bn
Capital spending−₹1.37bn−₹2.04bn−₹3.03bn−₹2.73bn−₹1.58bn−₹1.58bn−₹1.28bn−₹1.06bn−₹1.22bn−₹588.4m
Free cash flow₹1.43bn−₹174.8m₹126.9m₹204.2m₹714.2m₹1.27bn₹571.6m₹328.3m₹413.9m₹1.27bn
Dividends paid−₹148.0m−₹148.3m−₹123.3m−₹271.3m−₹148.2m−₹237.8m−₹163.5m−₹128.6m−₹158.3m−₹98.9m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue₹4.94bn₹3.19bn₹3.80bn₹5.52bn₹4.48bn₹4.53bn₹4.07bn₹5.14bn
Gross profit₹2.62bn₹1.92bn₹1.94bn₹3.20bn₹2.37bn₹2.51bn₹2.15bn₹2.80bn
Operating income₹35.0m−₹340.0m−₹143.0m₹857.0m₹389.0m₹432.0m₹262.0m₹621.2m
Net income−₹59.0m−₹349.0m−₹224.0m₹502.0m₹172.0m₹183.0m₹51.0m₹339.7m
Diluted earnings per share-0.48-2.83-1.824.071.391.480.412.75
Cash from operations—₹1.93bn—₹2.80bn—₹1.68bn—₹1.87bn
Capital spending—−₹646.0m—−₹1.37bn—−₹595.0m—−₹2.04bn
Free cash flow—₹1.28bn—₹1.43bn—₹1.09bn—−₹174.0m
Total assets—₹23.49bn—₹25.29bn—₹24.60bn—₹24.87bn
Cash and short-term investments—₹594.0m—₹835.0m—₹417.0m—₹345.4m
Debt—₹3.11bn—₹3.70bn—₹4.36bn—₹4.25bn
Shareholders' equity—₹11.94bn—₹12.62bn—₹12.03bn—₹11.88bn

Financial ratios

Data as of 23 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin30.2%55.0%51.1%43.0%45.9%45.1%—
Operating margin3.3%41.7%11.6%7.4%12.7%13.4%—
Net margin-2.8%4.9%3.9%3.9%8.3%7.8%—
Return on equity-4.1%7.2%5.9%6.9%15.0%14.3%—
Return on assets-2.1%3.6%2.8%3.3%7.3%7.0%—
Free cash flow yield13.4%14.6%13.6%21.6%19.8%13.5%—
Revenue growth-7.9%5.2%-11.8%4.1%12.8%13.4%—
Earnings growth-153.7%30.5%-11.2%-51.2%20.5%57.7%—
Current ratio1.30x1.26x1.28x1.42x1.25x1.34x—
Debt to equity0.57x0.60x0.69x0.66x0.63x0.65x—
Equity ratio50.7%49.9%47.8%47.5%48.3%48.8%—
Interest coverage0.91x10.31x3.67x3.27x8.29x6.34x—
R&D as a share of sales—4.2%4.2%3.5%3.2%3.1%3.2%
Buybacks as a share of market value0.0%0.4%-0.4%0.2%-0.2%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.4%4.3%7.9%
Operating income-7.5%2.0%4.9%
Net income-17.3%1.5%8.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin52.3%48.6%46.6%44.1%
Operating margin9.4%9.7%10.6%11.4%
Net margin4.4%5.2%5.7%5.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings30.869.447.831.548.724.113.725.028.542.8
Price to sales1.52.71.92.63.81.40.91.51.91.9

Dividends and splits

Per share, in the currency the company pays

Paid for 16 years. Last went ex-dividend on 4 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.001.201.201.002.201.201.601.10
  • 3-for-2 split · 22 Jun 2018
  • 5-for-1 split · 27 Feb 2015
  • 3-for-2 split · 29 Sept 2003

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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