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Earnings Call Transcript

Corona Remedies Earnings Call Transcript: Key Takeaways

Corona Remedies reported robust Q1 FY27 results with 21.9% revenue growth and 33.5% EBITDA growth. Strategy focuses on chronic therapies and scaling brand portfolios.

Why this was an Alfa AlertRevenue beat own guidance: guided None–15.0, achieved 21.9 (+46.0% above upper end, mgmt confirmed).
Guidance and delivery
Management target Net Profit 20.0% FY27
Highlights
Revenue growth21.9% YoY for Q1 FY27.
MarginsEBITDA margin at 22%, up 190bps YoY; PAT margin 14.2%.
Demand visibilityStrong domestic pharmaceutical market growth above 10% expected.
Management confidenceHigh; confident in meeting FY27 targets and outperforming IPM.

Growth

Q1 Revenue at INR422Cr (+21.9% YoY); PAT at INR60Cr (+30.1% YoY); EBITDA margins expanded 190bps to 22%.

Outlook

Maintained FY27 guidance of 15% organic revenue growth and 20% PAT growth; recently commissioned new hormone facility.

Risks

Geopolitical Southeast Asia risks impacting raw material costs; volatility in input/ancillary expenses mentioned.

Last quarter's promises, checked

Delivered

  • Guided 15% revenue growth → delivered 21.9% (= BEAT)
  • Guided 20% PAT growth → delivered 30.1% (= BEAT)
  • Guided 20% EBITDA margin → delivered 22% (= BEAT)
Source

Earnings Call Transcript filed with BSE, NSE: CORONA. Summary written with AI assistance from the document.

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Corona Remedies Ltd: key numbers

Share price
₹2,117.70
Market cap
₹12,952 Cr
Revenue (annual)
₹1,403 Cr
Net profit (annual)
₹185.1 Cr
P/E (TTM)
65.1×Sector 50.4×
Promoter holding
69.00%+0.00% QoQ
FII holding
3.63%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Corona Remedies Earnings Call: Key Takeaways

Corona Remedies reported strong FY26 results, outperforming industry growth via specialty chronic segments and strategic acquisitions like Wokadine and the Bayer portfolio.