| Management target | Revenue 25.0% FY27-29 |
|---|
| Revenue growth | Consolidated -19.2% YoY; Innoxel +165%; VHPL +52%. |
|---|---|
| Margins | Gross margins up 1,000 bps; EBITDA margin currently 9.1%. |
| Order book | ₹171 Cr (Tenders ₹119 Cr, Exports ₹33 Cr, Intl ₹20 Cr). |
| Demand visibility | Strong order book of ₹171 Cr for standalone BPL. |
| Management confidence | High on subsidiary scaling and margin normalization. |
Growth
Subsidiaries Innoxel (+165% YoY) and Varenyam Healthcare (+52% YoY) drove growth, now contributing 46% of gross revenue.
Outlook
Management guides Innoxel revenue of ₹70-90 Cr for FY27 and EBITDA break-even; targeting US/EU CDMO scaling.
Risks
Consolidated EBITDA decline driven by increased operating expenses and Innoxel's ₹(10.4) Cr loss pre-breakeven.
Investor Presentation 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.