Integrated Filing — IndAS



General information about company

Scrip Code 500680
NSE Symbol PFIZER
MSEI Symbol NOTLISTED
ISIN INE182A01018
Name of company Pfizer 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 12-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-11-2025
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 Pharmaceuticals
Start date and time of board meeting 12-11-2025   14:00:00
End date and time of board meeting 12-11-2025   15:15:00
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 Not applicable
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 31-01-2025
Indicate Company website link for updated RPT policy of the Company https://www.pfizerltd.co.in/files/Policy-on-Related-Party-Transactions_January-2025.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 64,234.00 1,24,539.00
Other income 4,185.00 10,902.00
Total income 68,419.00 1,35,441.00
2 Expenses
(a) Cost of materials consumed 7,000.00 15,869.00
(b) Purchases of stock-in-trade 22,127.00 34,555.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (6,332.00) (6,506.00)
(d) Employee benefit expense 9,467.00 19,049.00
(e) Finance costs 213.00 538.00
(f) Depreciation, depletion and amortisation expense 1,428.00 2,869.00
(f) Other Expenses
1 Other Expenses 8,979.00 17,577.00
Total other expenses 8,979.00 17,577.00
Total expenses 42,882.00 83,951.00
3 Total profit before exceptional items and tax 25,537.00 51,490.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 25,537.00 51,490.00
6 Tax expense
7 Current tax 6,549.00 13,288.00
8 Deferred tax 86.00 125.00
9 Total tax expenses 6,635.00 13,413.00
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 18,902.00 38,077.00
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 18,902.00 38,077.00
17 Other comprehensive income net of taxes (91.00) (183.00)
18 Total Comprehensive Income for the period 18,811.00 37,894.00
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 4,575.00 4,575.00
Face value of equity share capital 10 10
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 41.32 83.23
Diluted earnings (loss) per share from continuing operations 0 0
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 41.32 83.23
Diluted earnings (loss) per share from continuing and discontinued operations 0 0
24 Debt equity ratio 0.00 0.00
25 Debt service coverage ratio 0.00 0.00
26 Interest service coverage ratio 0.00 0.00
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on November 12, 2025. 2.The financial results of the Company have been prepared in accordance with Indian Accounting Standards (‘Ind AS”) 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 from time to time). 3. The financial results for the quarter and six months ended September 30, 2025 have been subject to limited review by the statutory auditors of the Company. The limited review report does not contain any modifications. The limited review report will be filed with the Stock Exchanges and will also be available on the Company’s website - www.pfizerltd.co.in 4. During the quarter ended March 31, 2025, the Company had received requisite approvals from MIDC to assign and assume the Lease of MIDC Land and Sale of Building constructed on such land and has completed the transfer and sale of said assets. Net gain of Rs. 172.81 crore (net of carrying value of Rs. 31.75 crore and cost to sell - Premium and other charges Rs. 59.84 crore, net of recovery) is disclosed as an ‘Exceptional item’ in the financial results. 5. The shareholders in its Annual General Meeting held on July 21, 2025 approved a final dividend of Rs. 35 per equity share of Rs. 10 each (350 percent) and a special dividend of Rs.100 per equity share of Rs.10 each (1000 percent) in view of 75th year of Pfizer in India and a special dividend of Rs. 30 per equity share of Rs. 10 each (300 percent) in view of the gain on transfer of assignment of leasehold land and building constructed on such land thereon, totaling to a dividend of Rs. 165 per equity share of Rs. 10 each (1650 percent) for the financial year ended March 31, 2025. The said dividend was paid on July 25, 2025. 6. The Company has only one segment which is Pharmaceuticals. Therefore, disclosure relating to segments is not applicable and accordingly not made. 7. The Company does not have any subsidiary company or associate company or joint venture company as at September 30, 2025.



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 15,463.00
Capital work-in-progress 750.00
Investment property 0.00
Goodwill 52,749.00
Other intangible assets 1,933.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 1,448.00
Total non-current financial assets 1,448.00
Deferred tax assets (net) 6,868.00
Other non-current assets 33,668.00
Total non-current assets 1,12,879.00
2 Current assets
Inventories 50,047.00
Current financial asset
Current investments 0.00
Trade receivables, current 24,397.00
Cash and cash equivalents 20,535.00
Bank balance other than cash and cash equivalents 2,49,845.00
Loans, current 0.00
Other current financial assets 250.00
Total current financial assets 2,95,027.00
Current tax assets (net) 0.00
Other current assets 2,599.00
Total current assets 3,47,673.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 4,60,552.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,575.00
Other equity 3,80,254.00
Total equity attributable to owners of parent 3,84,829.00
Non controlling interest
Total equity 3,84,829.00
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 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 4,685.00
Total non-current financial liabilities 4,685.00
Provisions, non-current 6,473.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 11,158.00
Current liabilities
Current financial liabilities
Borrowings, current 250.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,203.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 20,591.00
Total Trade payable 21,794.00
Other current financial liabilities 9,676.00
Total current financial liabilities 31,720.00
Other current liabilities 2,542.00
Provisions, current 4,598.00
Current tax liabilities (Net) 25,705.00
Deferred government grants, Current 0.00
Total current liabilities 64,565.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 75,723.00
Total equity and liabilites 4,60,552.00
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 122.00 245.00
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 (31.00) (62.00)
5 Total Other comprehensive income (91.00) (183.00)



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 51,490.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 538.00
Adjustments for decrease (increase) in inventories (2,455.00)
Adjustments for decrease (increase) in trade receivables, current (5,146.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 1,376.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 6,605.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (2,644.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 2,869.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 34.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 678.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (8,904.00)
Other adjustments to reconcile profit (loss) (919.00)
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) (7,968.00)
Net cash flows from (used in) operations 43,522.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (16,425.00)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 59,947.00
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 55.00
Purchase of property, plant and equipment 1,034.00
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 20,495.00
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 10,035.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (11,439.00)
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 1,856.00
Dividends paid 75,141.00
Interest paid 483.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (77,480.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (28,972.00)
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 (28,972.00)
Cash and cash equivalents cash flow statement at beginning of period 49,507.00
Cash and cash equivalents cash flow statement at end of period 20,535.00





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 Pfizer Limited Pfizer Service Company BVBA, Belgium Fellow Subsidiary Purchase of goods or services On arms length basis and in Ordinary course of business 30,899.00 (2,190.00) (8,896.00)
2 Pfizer Limited Pfizer Products India Private Limited Fellow Subsidiary Sale of goods or services On arms length basis and in Ordinary course of business 2,183.00 2,674.00 3,868.00
3 Pfizer Limited Pfizer export B.V Fellow Subsidiary Sale of goods or services On arms length basis and in Ordinary course of business 231.00 196.00 412.00
4 Pfizer Limited Pfizer Worldwide Services Company Fellow Subsidiary Sale of goods or services On arms length basis and in Ordinary course of business 4,173.00 2,152.00 1,903.00
5 Pfizer Limited Pfizer Healthcare India Private Limited Fellow Subsidiary Sale of goods or services On arms length basis and in Ordinary course of business 427.00 133.00 427.00
6 Pfizer Limited Pfizer Healthcare India Private Limited Fellow Subsidiary Any other transaction Rent Expense On arms length basis and in Ordinary course of business 20.00 (10.00) (30.00)
7 Pfizer Limited Pfizer East India BV Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 30,007.00 0.00 0.00
8 Pfizer Limited Wyeth LLC Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 9,269.00 0.00 0.00
9 Pfizer Limited Wyeth Holdings LLC Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 2,690.00 0.00 0.00
10 Pfizer Limited Warner-Lambert Company LLC Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 1,959.00 0.00 0.00
11 Pfizer Limited Parke, Davis & Company LLC Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 1,577.00 0.00 0.00
12 Pfizer Limited John Wyeth & Brothers Ltd Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 1,455.00 0.00 0.00
13 Pfizer Limited Pharmacia LLC Companies holding significant incfluence Dividend paid On arms length basis and in Ordinary course of business 1,294.00 0.00 0.00
14 Pfizer Limited John Wyeth & Brothers Ltd Companies holding significant incfluence Any other transaction Recovery of Expenses On arms length basis and in Ordinary course of business 0.00 (250.00) (250.00)
Total value of transaction during the reporting period 86,184.00