Comparison · NSE · data 2026-11-02
Cipla Ltd vs Lupin Limited
In plain words
Size: Cipla Ltd is about 1.2 times the market value of Lupin Limited.
Valuation (P/E): Cipla Ltd 38.6 vs Lupin Limited 16.8.
Return on equity: Lupin Limited 26.9% vs Cipla Ltd 11.8%.
Profit growth over 3 years: Lupin Limited 131.5% a year vs Cipla Ltd 11.5% a year.
Debt to equity: Lupin Limited 0.3 vs Cipla Ltd 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CIPLA | LUPIN | |
|---|---|---|
| Price | ₹1,382.9 | ₹2,023.5 |
| Market cap | ₹1,11,486 cr | ₹91,870 cr |
| P/E | 38.6 | 16.8 |
| P/B | 3.2 | — |
| ROE | 11.8% | 26.9% |
| ROCE | 14.5% | 30.7% |
| Debt / equity | 0.02 | 0.3 |
| Operating margin | 12.5% | 25.2% |
| Dividend yield | 0.94% | 0.90% |
| Sales growth, 3 years (yearly) | 7.3% | 18.8% |
| Profit growth, 3 years (yearly) | 11.5% | 131.5% |
| 1-year return | -8.4% | 4.0% |
| Revenue, last 12 months | ₹28,139 cr | ₹29,967 cr |
| Net profit, last 12 months | ₹2,897 cr | ₹5,529 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹878 cr | ₹1,415 cr |
| Quarter profit vs a year earlier | -35.1% | +16.1% |
| Promoter holding | 29.21% | 46.84% |
| Health check | Average (5.7/10) | Strong (8.4/10) |
Common questions
Which has a higher P/E, Cipla Ltd or Lupin Limited?
Cipla Ltd trades at the higher P/E (38.6 against 16.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Lupin Limited (26.9% against 11.8%).
Which carries more debt?
Lupin Limited has the higher debt-to-equity ratio (0.3 against 0.02).