
Pfizer has posted a standout Q4 performance with its operating profit up by 20.1%, and net profit soaring 85.03% to ₹330.94 crore. This comes even as other income dipped nearly 41%.
The secret? Sharper margins and disciplined cost management.

The company’s net sales rose 8.28% to ₹591.91 crore, powered by leaner operations. Operating profit margin expanded to 38.43%, from 34.65% last year. That kind of margin boost is no fluke—it’s strategy in motion.
What does this mean for the average investor?
This performance proves that Pfizer India is not just surviving in a tricky pharma landscape—it’s thriving. The 85% profit jump shows strong financial muscle, making the stock a solid contender for long-term portfolios. And with a ₹165 per share dividend, it’s not just rewarding shareholders—it’s flexing a legacy.
Even with a hit in other income and rising finished goods costs, Pfizer kept a tight grip on overheads. Raw material costs dropped from 16.42% to 11.78% of sales. Other expenses fell too—from 17.18% to 13.18%. That’s not trimming fat; that’s cutting with a scalpel.
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The bigger picture: steady rise, smart rewards
Across the year, Pfizer’s total sales (including operating income) climbed 4.02% to ₹2,281.35 crore. Operating profit for the full year was up 16.52% to ₹740.23 crore. Net profit stood tall at ₹767.60 crore—up 39.23% YoY.
Cash from operations? More than doubled, touching ₹659.75 crore. Even fixed asset investment increased to ₹28.15 crore, signaling confidence in future growth.
And then came the dividend bombshell:
A total of ₹165/share—with ₹100 as a special dividend marking Pfizer’s 75 years in India, and ₹30 more due to gains from leasehold land transfer. That’s not a payout. That’s a statement.
Between the numbers: where the power lies
- Employee costs stayed flat in Q4, marginally falling to 13.83% of sales.
- Loan funds are stable at ₹40.78 crore.
- Cash reserves swelled to ₹2,800.98 crore.
- Effective tax rate dropped to 22.28% from 26.65%.
That lower tax burden and lighter raw material cost gave Pfizer the breathing room to shine, even as extraordinary items added a boost to the annual numbers.
The boardroom isn’t just counting pennies—they’re placing bets on India’s pharma demand boom. With fixed assets up and debt in check, Pfizer is positioning itself for a deeper footprint.
While many firms are tightening belts, Pfizer just gave its shareholders a thank-you note in the form of a ₹165 dividend. In a market full of conservative moves, this kind of confidence stands out. It’s the financial equivalent of dropping the mic.
Pfizer’s Q4 isn’t just good news—it’s textbook corporate strength. Margins up, costs down, profits surging, and cash flowing like it means something. And all this with no change in promoter stake or equity base.
It’s not flashy innovation headlines or billion-dollar acquisitions that make this quarter stand out. It’s plain old efficiency, clarity, and intent. When a pharma giant plays it sharp, the results look a lot like this.
Disclaimer:
This article is for information only and not financial advice. Please do your own research or talk to a financial expert before investing. Investing has risks, and past results don’t guarantee future success.
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