Integrated Filing — IndAS



General information about company

Scrip Code 532488
NSE Symbol DIVISLAB
MSEI Symbol NOTLISTED
ISIN INE361B01024
Name of company Divi's Laboratories Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 07-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Manufacture of Active Pharmaceutical Ingredients, Intermediates and Nutraceutical Ingredients
Start date and time of board meeting 07-11-2025   10:30:00
End date and time of board meeting 07-11-2025   11:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 03-02-2025
Indicate Company website link for updated RPT policy of the Company https://www.divislabs.com/wp-content/uploads/2025/07/Policy-on-Related-Party-Transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,66,000.00 5,01,700.00
Other income 14,600.00 26,500.00
Total income 2,80,600.00 5,28,200.00
2 Expenses
(a) Cost of materials consumed 90,700.00 1,89,600.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 14,400.00 7,200.00
(d) Employee benefit expense 34,400.00 67,400.00
(e) Finance costs 800.00 1,100.00
(f) Depreciation, depletion and amortisation expense 11,300.00 22,500.00
(f) Other Expenses
1 Other Expenses 37,000.00 73,700.00
Total other expenses 37,000.00 73,700.00
Total expenses 1,88,600.00 3,61,500.00
3 Total profit before exceptional items and tax 92,000.00 1,66,700.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 92,000.00 1,66,700.00
6 Tax expense
7 Current tax 22,000.00 41,100.00
8 Deferred tax 400.00 300.00
9 Total tax expenses 22,400.00 41,400.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 69,600.00 1,25,300.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 69,600.00 1,25,300.00
17 Other comprehensive income net of taxes 0.00 (100.00)
18 Total Comprehensive Income for the period 69,600.00 1,25,200.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 5,300.00 5,300.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 26.24 47.19
Diluted earnings (loss) per share from continuing operations 26.24 47.19
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 26.24 47.19
Diluted earnings (loss) per share from continuing and discontinued operations 26.24 47.19
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Statement of Standalone Unaudited Financial Results for the quarter and half year ended 30th September, 2025, Statement of Standalone Unaudited Assets and Liabilities as at 30th September, 2025 and Statement of Standalone Unaudited Cash Flows for the half year ended 30th September, 2025 (Standalone Statements) are prepared in accordance with the recognition and measurement principles laid down in applicable Indian Accounting Standards, prescribed under Section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. This Standalone Statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 07, 2025. The statutory auditors have carried out a limited review of this Standalone Statement and issued an unmodified report thereon. 2. The Company is engaged in the manufacture of Active Pharmaceutical Ingredients, Intermediates and Nutraceutical Ingredients and the same constitutes a single reportable business segment as per Ind AS 108. 3. The Company does not have any discontinued operations and the profit for the period represents the profits from continuing operations only. 4.Details of Forex gain are as given below: (Rs. in Crores) Quarter ended Half Year ended Year ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 Forex gain 64 39 27 103 26 48 Forex gain has been included in other income.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 5,67,100.00
Capital work-in-progress 2,03,000.00
Investment property
Goodwill 0.00
Other intangible assets 400.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 7,400.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets 6,500.00
Total non-current financial assets 13,900.00
Deferred tax assets (net)
Other non-current assets 45,300.00
Total non-current assets 8,29,700.00
2 Current assets
Inventories 3,24,000.00
Current financial asset
Current investments 0.00
Trade receivables, current 2,77,300.00
Cash and cash equivalents 6,100.00
Bank balance other than cash and cash equivalents 3,17,800.00
Loans, current 0.00
Other current financial assets 800.00
Total current financial assets 6,02,000.00
Current tax assets (net)
Other current assets 51,800.00
Total current assets 9,77,800.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 18,07,500.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 5,300.00
Other equity 15,29,800.00
Total equity attributable to owners of parent 15,35,100.00
Non controlling interest
Total equity 15,35,100.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 27,400.00
Total non-current financial liabilities 27,400.00
Provisions, non-current 0.00
Deferred tax liabilities (net) 51,200.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 22,400.00
Total non-current liabilities 1,01,000.00
Current liabilities
Current financial liabilities
Borrowings, current 8,900.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 900.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,02,400.00
Total Trade payable 1,03,300.00
Other current financial liabilities 26,600.00
Total current financial liabilities 1,38,800.00
Other current liabilities 22,000.00
Provisions, current 6,100.00
Current tax liabilities (Net) 4,500.00
Deferred government grants, Current
Total current liabilities 1,71,400.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2,72,400.00
Total equity and liabilites 18,07,500.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/loss on Remeasurement of post-employment benefit obligations 0.00 (100.00)
Total Amount of items that will not be reclassified to profit and loss 0.00 (100.00)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 (100.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,66,700.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 500.00
Adjustments for decrease (increase) in inventories (20,700.00)
Adjustments for decrease (increase) in trade receivables, current 15,000.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (13,700.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (300.00)
Adjustments for other financial assets, current 800.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 14,700.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (13,600.00)
Adjustments for increase (decrease) in other non-current liabilities 22,400.00
Adjustments for depreciation and amortisation expense 22,500.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 200.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 600.00
Adjustments for other financial liabilities, non-current 26,000.00
Adjustments for unrealised foreign exchange losses gains (4,400.00)
Adjustments for dividend income 0.00
Adjustments for interest income 15,700.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (200.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 34,100.00
Net cash flows from (used in) operations 2,00,800.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 36,800.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,64,000.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 300.00
Purchase of property, plant and equipment 1,54,400.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 15,800.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 12,200.00
Net cash flows from (used in) investing activities (1,26,100.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 79,600.00
Interest paid 500.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 8,300.00
Net cash flows from (used in) financing activities (71,800.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (33,900.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (33,900.00)
Cash and cash equivalents cash flow statement at beginning of period 39,400.00
Cash and cash equivalents cash flow statement at end of period 5,500.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results No
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-11-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Divi's Laboratories Limited Dr. Murali. K. Divi Key Management Personnel Remuneration 4,771.00 As per the Companies Act, 2013 / approval of Board of Directors or shareholders according to the statutory requirment. 4,771.00 8,787.00 4,755.00
2 Divi's Laboratories Limited Dr. Kiran S. Divi Key Management Personnel Remuneration 1,661.00 As per the Companies Act, 2013 / approval of Board of Directors or shareholders according to the statutory requirment. 1,661.00 2,933.00 1,590.00
3 Divi's Laboratories Limited Ms. Nilima Prasad Divi Key Management Personnel Remuneration 1,655.00 As per the Companies Act, 2013 / approval of Board of Directors or shareholders according to the statutory requirment. 1,655.00 2,933.00 1,590.00
4 Divi's Laboratories Limited Mr. N.V.Anirudh Relative of Key Management Personnel Remuneration 14.00 Not Applicable 14.00 2.00 4.00
5 Divi's Laboratories Limited Mr. L. Ramesh Babu Relative of Key Management Personnel Remuneration 139.00 Not Applicable 139.00 15.00 14.00
6 Divi's Laboratories Limited Mr Swaroop Krishna Sureddi Relative of Key Management Personnel Remuneration 20.00 Not Applicable 20.00 3.00 2.00
7 Divi's Laboratories Limited Divi’s Properties Private Limited Entities in which Key Management Personnel have Significant Influence Any other transaction Building rent 671.00 Not Applicable 671.00 0.00 0.00
8 Divi's Laboratories Limited Divi’s Biotech Private Limited Entities in which Key Management Personnel have Significant Influence Any other transaction Rent 9.00 Not Applicable 9.00 0.00 0.00
9 Divi's Laboratories Limited Divi’s Properties Private Limited Entities in which Key Management Personnel have Significant Influence Any other transaction Rent Deposit 342.00 Not Applicable 0.00 342.00 342.00
10 Divi's Laboratories Limited Divis Laboratories (USA) Inc Subsidiary Company Sale of goods or services Not Applicable 12,452.00 7,427.00 8,583.00
11 Divi's Laboratories Limited Divi's Laboratories Europe AG Subsidiary Company Sale of goods or services Not Applicable 11,705.00 22,589.00 28,418.00
12 Divis Laboratories (USA) Inc Divi's Laboratories Europe AG Subsidiaries of Divi's Laboratories Limited Sale of goods or services Not Applicable 182.00 82.00 15.00
13 Divi's Laboratories Europe AG Divis Laboratories (USA) Inc Subsidiaries of Divi's Laboratories Limited Sale of goods or services Not Applicable 3,287.00 115.00 995.00
14 Divi's Laboratories Limited Divi's Foundation For Gifted Children Other Related Party Any other transaction Contribution for CSR Project Implementation 610.00 Not Applicable 410.00 0.00 0.00
15 Divi's Laboratories Limited Sri Lakshmi Constructions Entities in which Key Management Personnel have Significant Influence Purchase of goods or services 6,000.00 Not Applicable 1,949.00 572.00 323.00
16 Divi's Laboratories Limited Sri Lakshmi Constructions Entities in which Key Management Personnel have Significant Influence Any other transaction Advance for Purchase of Goods and Services 6,000.00 Not Applicable 376.00 127.00 376.00
17 Divi's Laboratories Limited Bheema Infra Solutions Private Limited Entities in which Key Management Personnel have Significant Influence Purchase of goods or services 1,000.00 Not Applicable 176.00 98.00 19.00
18 Divi's Laboratories Limited Bheema Infra Solutions Private Limited Entities in which Key Management Personnel have Significant Influence Any other transaction Advance for Purchase of Goods and Services 1,000.00 Not Applicable 287.00 15.00 207.00
Total value of transaction during the reporting period 39,764.00