| Revenue growth | Flat YoY at consolidated level; high subsidiary growth offset standalone decline. |
|---|---|
| Margins | EBITDA margins expanded significantly; Innoxel turned EBITDA positive in Q4. |
| Order book | ₹171cr for BPL standalone providing FY27 visibility. |
| Demand visibility | Strong; order book at ₹171cr for standalone business. |
| Management confidence | High confidence in FY27 guidance after finishing investment phase. |
Growth
FY26 Consolidated Revenue: ₹345.4cr (+1.6% YoY); EBITDA: ₹15.8cr (+485% YoY). Innoxel grew 174% to ₹72.4cr.
Outlook
FY27 Guidance: Standalone growth 10-15%; Innoxel 35-45%; Varenyam 20-25%. Peak revenue targets ₹400-500cr by 2030.
Risks
Soft standalone exports due to deferred tenders; geopolitical disturbances causing 3-month project delays; near-term disruption from audits.
Earnings Call filed with BSE, BSE: 541096. Summary written with AI assistance from the document.
Bharat Parenterals Ltd: key numbers
- Share price
- ₹1,839.20
- Market cap
- ₹1,268 Cr
- Revenue (annual)
- ₹345.4 Cr
- Net profit (annual)
- ₹-8.19 Cr
- P/E (TTM)
- 1019.1×Sector 43.8×
- Promoter holding
- 67.20%+0.00% QoQ
- FII holding
- 0.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bharat Parenterals Ltd
All →Bharat Parenterals Earnings Call Transcript: Key Takeaways
Q2 FY27 consolidated revenue ₹136.3 Cr (+110% YoY, +45% QoQ) and PAT ₹11.8 Cr, the first group profit quarter, led by Innoxel. Standalone margins squeezed by input costs; FY27 guidance maintained.
Bharat Parenterals Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹136.3 Cr (+110.9% YoY), EBITDA ₹23.6 Cr (17.3%), PAT ₹11.8 Cr; Innoxel turned profitable.
Bharat Parenterals Q2 FY27 Results: Turns Profitable, Net Profit ₹11.8 Cr
Bharat Parenterals approved unaudited standalone results for the quarter ended 30 September 2026. The company reported profit and revenue growth versus the prior-year quarter.
- Key figure
- Net profit ₹11.8 Cr
Bharat Parenterals Board Meeting Date
Bharat Parenterals will hold a board meeting on October 29, 2026 to consider unaudited standalone and consolidated results. Trading window has been closed since October 1, 2026.
Bharat Parenterals Annual General Meeting
Bharat Parenterals held an EGM via video conferencing on October 23, 2026. Members considered a preferential equity issue and Section 186 investment and guarantee limits.
Bharat Parenterals Business Update
Innoxel Lifesciences, a Bharat Parenterals subsidiary, began U.S. commercial supply of its first CMO product. This adds recurring manufacturing revenue to its existing licensing income.