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Earnings Call Transcript

Molbio Diagnostics Earnings Call Transcript: Key Takeaways

H1 FY27 revenue of ₹667 Cr was slightly below ₹680 Cr a year ago. Management blamed a one-month government rate-contract delay and reiterated 25% FY27 growth guidance.

Molbio Diagnostics Q2 FY27 concall: date, live audio and summaryConcall page →
Guidance and delivery
Management target Revenue 25.0% FY27
Highlights
Revenue growthH1 revenue ₹667 Cr, down ~2% YoY; timing-driven per management.
MarginsH1 EBITDA margin 23%; FY27 guided 24-25%; OptraSCAN drags.
Order bookCentral procurement orders in hand; no order book figure disclosed.
Demand visibilityRate contract renewed; orders in hand; hepatitis demand building.
Management confidenceConfident; repeatedly reiterates 25% guidance despite soft H1.

Growth

Revenue fell about 2% YoY to ₹667 Cr, which management attributes to timing rather than demand. H1 PAT of ₹60 Cr was softer on OptraSCAN interest and amortisation.

Outlook

Guides 25% FY27 top-line growth and a 24-25% EBITDA margin. H2 is expected to contribute about 60% of annual revenue.

Risks

Government tender timing and rate-contract delays can swing quarters. OptraSCAN carries a ₹15 Cr H1 EBITDA loss, and FY27 targets depend on a heavy H2 catch-up.

Last quarter's promises, checked

Delivered

  • OptraScan not profitable FY27 → H1 EBITDA loss ₹15 Cr (= BEAT)
  • ₹72 Cr automation from ₹200 Cr IPO → ₹72 Cr automation capex ordered (= BEAT)

Partly delivered

  • 24–25% FY27 EBITDA margin → H1 margin 23% (= PARTIAL)
  • 2,200–2,600 devices FY27 → H1 559 devices (= PARTIAL, H2-dependent)

Missed

  • 25% FY27 top-line growth → H1 revenue ₹667 Cr, down ~2% YoY (= MISS to date)
Source

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

Read the document ↗

Molbio Diagnostics Ltd: key numbers

Share price
₹1,318.60
Market cap
₹15,196 Cr
Revenue (annual)
₹1,446 Cr
Net profit (annual)
₹166.6 Cr
P/E (TTM)
98.4×Sector 54.5×
Promoter holding
41.29%
FII holding
1.59%Current quarter

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

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