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Earnings Call

Shilpa Medicare Earnings Call: Key Takeaways

Shilpa Medicare delivered record FY26 performance with 18% revenue growth and 30% EBITDA growth. Strategy focuses on high-value CDMO partnerships, specialized formulations like NorUDCA, and a robust biosimilar pipeline.

Highlights
Revenue growth18% YoY for FY26; 30% YoY for 4QFY26.
MarginsEBITDA margins improved 300bps YoY to 29% in FY26.
Order bookFirm for FY27 in NorUDCA (FDF) segment.
Demand visibilityStrong offtake for NorUDCA; healthy order book visibility.
Management confidenceHigh; cited accelerating momentum and strong FY27 positioning.

Growth

FY26 Revenue reached INR 1,549cr (+18% YoY); EBITDA at INR 445cr (+30% YoY); Adj. PAT surged 135% to INR 232cr.

Outlook

Strong FY27 outlook driven by transdermal patch launches in EU/US and NorUDCA expansion. FY26 Gross Block reached INR 2,281cr.

Risks

Regulatory filings across multiple geographies; high R&D intensity; competition in generic oncology markets.

Source

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

Read the document ↗

Shilpa Medicare Ltd: key numbers

Share price
₹1,013.45
Market cap
₹19,821 Cr
Revenue (annual)
₹1,539 Cr
Net profit (annual)
₹243.3 Cr
P/E (TTM)
66.7×Sector 50.4×
Promoter holding
40.13%+0.00% QoQ
FII holding
11.39%Current quarter

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

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Value
₹2.18 Cr