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Investor Presentation

Sanofi India Investor Presentation: Key Takeaways

Sanofi India reported Q2 2026 domestic growth of 8%, driven by a 14% surge in its diabetes business. PBT (before exceptional items) grew 19% YoY to INR 112 crores.

Highlights
Revenue growthDomestic sales up 8% in Q2; total income up 7%.
MarginsPBT margin improved from 24% to 27% on quarterly basis.
Demand visibilityStrong insulin demand expected due to underdiagnosed patient pool.
Management confidenceHigh; citing strong diabetes momentum and operational discipline.

Growth

Diabetes segment grew 17% in H1 2026. Domestic sales rose 8% in Q2, while export sales declined 2%.

Outlook

Focusing on insulin market expansion with Toujeo and Soliqua; exploring AI platforms and specialized manufacturing at Goa site.

Risks

Competitive intensity in Australia impacting exports; GLP-1 market erosions and aggressive competition in CV/CNS partnership portfolios.

Last quarter's promises, checked

Delivered

  • Guided 2026 start on good note → delivered 8% Q2 growth (= BEAT)
  • Guided diabetes momentum → delivered 14% Q2 surge (= BEAT)
  • Guided opex efficiency → delivered PBT margin 24% to 27% (= BEAT)

Partly delivered

  • Guided Soliqua scaling → delivered double-digit growth but gaining at expense of others (= PARTIAL)

Missed

  • Guided partnership stabilization → delivered 13% YoY drop in Q4/volatility (= MISS)
Source

Investor Presentation filed with BSE, NSE: SANOFI. Summary written with AI assistance from the document.

Read the document ↗

Sanofi India Ltd: key numbers

Share price
₹3,140.20
Market cap
₹7,232 Cr
Revenue (annual)
₹1,837 Cr
Net profit (annual)
₹326.7 Cr
P/E (TTM)
22.3×Sector 50.4×
Promoter holding
60.40%+0.00% QoQ
FII holding
5.69%Current quarter

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

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Sanofi India received a GST show cause notice alleging excess input tax credit claims. The total demand, including interest, is Rs. 23.74 Crore.

Value
₹23.74 Cr
From
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13:37 IST BSE
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Sanofi India Promoter Selling (Off-Market)

Hoechst GmbH transferred 3,500,000 shares of Sanofi India Limited to Sanofi Healthcare India Private Limited. This inter-se promoter group transfer represents a 15.20% stake.

15:28 IST BSE
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Sanofi India Legal & Regulatory

Sanofi India disclosed that the State Tax Officer, Tiruvallur dropped a ₹1.07 Crore GST demand for FY 2022-23. The company confirmed no material financial or operational impact.

Value
₹1.07 Cr
19:32 IST NSE
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Promoter stake change
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16:45 IST NSE
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Sanofi India Legal & Regulatory

The Supreme Court dismissed Sanofi India's petition to quash criminal proceedings. No penalty or operational restriction is imposed on the company at this stage.