SEARL The Searle Company Limited

The Searle Company Limited (SEARL) financial ratios

The Searle Company Limited earned a net margin of 1.5% in FY2026 against a five-year average of 3.1% (Pharmaceuticals median 9.4%). Return on equity was 1.3%, compared with a sector median of 21.7%. The current ratio stood at 1.77× and debt was 23.4% of equity. Cash took about 243 days to cycle through receivables, inventory and payables.

FY2026 vs the Pharmaceuticals median

Gross margin: 52.0%; Sector median 37.0%
Operating margin: 17.1%; Sector median 17.3%
Net margin: 1.5%; Sector median 9.4%
Return on equity (ROE): 1.3%; Sector median 21.7%
Return on assets (ROA): 1.1%; Sector median 11.7%
Current ratio: 1.77×; Sector median 1.79×
Debt to equity: 23.4%; Sector median 5.8%
Asset turnover: 0.73×; Sector median 1.26×
Dividend payout ratio: 0.0%; Sector median 32.8%

Median of the 14 companies in the sector with the figure for their latest fiscal year.

SEARL financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	52.0%	49.4%	46.8%	44.1%	43.9%	46.5%	47.4%	47.6%	51.6%	52.7%	52.4%	48.7%	44.6%	45.2%	41.5%	42.2%	42.8%	38.3%	35.5%	35.6%
EBITDA margin	—	14.9%	18.4%	16.8%	20.5%	25.1%	21.9%	18.5%	22.3%	23.1%	24.8%	23.6%	18.5%	21.7%	18.3%	19.6%	17.1%	15.6%	15.3%	11.8%
Operating margin	17.1%	11.8%	16.2%	14.2%	18.3%	23.1%	20.4%	17.1%	20.8%	21.7%	23.6%	22.6%	17.2%	20.0%	16.5%	17.4%	14.5%	12.0%	11.5%	7.9%
Pre-tax margin	11.3%	5.4%	4.1%	0.7%	12.2%	19.2%	17.9%	15.7%	20.2%	21.6%	23.7%	21.1%	15.3%	16.3%	11.0%	11.6%	13.3%	10.4%	9.3%	5.3%
Net margin	1.5%	2.8%	3.3%	(0.1%)	8.1%	14.3%	12.4%	12.5%	16.8%	18.0%	18.2%	16.1%	11.5%	12.0%	7.6%	8.5%	8.8%	6.9%	5.8%	2.9%
Effective tax rate	87.2%	47.3%	18.9%	118.7%	34.0%	25.6%	30.4%	20.0%	16.5%	16.9%	23.1%	23.9%	24.9%	26.7%	30.4%	26.6%	34.3%	33.7%	37.9%	44.7%
Returns
Return on equity (ROE)	1.3%	2.4%	3.2%	(0.3%)	8.7%	17.9%	17.5%	18.6%	26.4%	27.6%	32.0%	32.0%	24.8%	26.1%	21.0%	24.0%	28.4%	22.4%	18.8%	—
Return on assets (ROA)	1.1%	1.4%	1.6%	(0.1%)	4.6%	10.1%	11.0%	11.8%	17.6%	19.1%	20.8%	19.3%	14.4%	13.4%	9.3%	11.6%	12.8%	8.6%	6.3%	—
Return on invested capital (ROIC)	1.4%	(0.8%)	1.0%	(0.6%)	7.9%	14.4%	15.0%	15.8%	21.9%	23.3%	26.3%	24.7%	19.4%	19.4%	18.0%	24.5%	22.0%	17.9%	14.6%	—
Liquidity
Current ratio	1.77×	1.63×	1.13×	1.36×	1.71×	1.65×	2.06×	1.88×	1.68×	2.09×	2.40×	2.02×	1.65×	1.70×	1.32×	1.63×	1.74×	1.85×	1.88×	1.72×
Quick ratio	1.32×	1.30×	0.94×	1.07×	1.33×	1.28×	1.66×	1.49×	1.19×	1.66×	1.86×	1.50×	1.16×	1.21×	0.89×	1.18×	1.33×	1.47×	1.48×	1.33×
Leverage
Debt to equity	23.4%	24.2%	38.5%	62.0%	62.3%	67.4%	33.9%	29.0%	22.2%	17.0%	14.5%	26.9%	42.2%	41.9%	71.5%	42.8%	30.8%	44.3%	51.9%	97.6%
Debt to capital	19.0%	19.5%	27.8%	38.3%	38.4%	40.3%	25.3%	22.5%	18.2%	14.5%	12.7%	21.2%	29.7%	29.5%	41.7%	30.0%	23.5%	30.7%	34.2%	49.4%
Debt to assets	15.6%	16.3%	20.8%	31.4%	34.3%	35.8%	21.5%	18.5%	14.7%	12.3%	10.2%	17.1%	24.3%	23.6%	32.7%	21.7%	16.5%	19.5%	19.3%	28.7%
Assets to equity	1.49×	1.67×	1.91×	1.90×	1.85×	1.77×	1.57×	1.54×	1.45×	1.40×	1.48×	1.64×	1.75×	1.96×	2.09×	1.93×	2.03×	2.46×	3.01×	—
Efficiency
Asset turnover	0.73×	0.51×	0.47×	0.44×	0.57×	0.71×	0.88×	0.94×	1.05×	1.06×	1.14×	1.20×	1.25×	1.12×	1.22×	1.36×	1.46×	1.24×	1.08×	—
Receivable days days	193	231	252	307	213	198	208	166	125	128	115	99	87	94	111	131	119	139	162	—
Inventory days days	133	109	120	160	115	108	108	111	101	88	93	87	75	83	90	91	72	72	79	—
Payable days days	82	119	122	85	31	34	57	70	60	49	49	41	41	87	111	82	36	40	52	—
Cash conversion cycle days	243	220	250	383	297	272	259	207	166	167	158	145	121	89	90	140	155	171	189	—
Dividends
Dividend payout ratio	0.0%	97.2%	0.0%	—	0.0%	13.0%	21.2%	23.7%	34.4%	52.3%	30.2%	12.5%	15.3%	14.1%	7.8%	11.1%	25.1%	18.5%	16.9%	30.9%
Earnings retention rate	1.00×	0.03×	1.00×	—	1.00×	0.87×	0.79×	0.76×	0.66×	0.48×	0.70×	0.87×	0.85×	0.86×	0.92×	0.89×	0.75×	0.82×	0.83×	0.69×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

SEARL: frequently asked questions

What is SEARL's EPS?

The Searle Company Limited reported basic earnings per share of Rs 0.75 for FY2026 (Jul 2025 – Jun 2026).

What is SEARL's P/E ratio?

At the closing price of Rs 77.74 on 16 Oct 2026, SEARL trades at a P/E of 103.7× based on EPS of Rs 0.75 (FY2026).

Does SEARL pay dividends?

Yes. The Searle Company Limited declared a dividend of Rs 1.00 per share for FY2026. At Rs 77.74 that is a dividend yield of 1.3%.

What was SEARL's revenue and profit in FY2026?

The Searle Company Limited reported revenue of Rs 36.8 bn and profit attributable to shareholders of Rs 440.4 mn for FY2026 (Jul 2025 – Jun 2026).

Information only, not investment advice.