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Earnings Call

Solara Active Pharma Sciences Earnings Call: Key Takeaways

Solara's base business shows strong momentum, hitting eight-quarter highs in revenue and EBITDA, yet the Ibuprofen segment remains a significant drag, forcing a strategic review and potential divestment of the vertical.

Highlights
Revenue growth12% QoQ growth to ₹342cr; base business at multi-quarter highs.
MarginsConsolidated EBITDA 16%; base business at 26%, Ibuprofen remains negative.
Order bookHealthy order book driven by base business and customer wallet share.
Demand visibilityStrong order book in base business; focus on new geographies.
Management confidenceBalanced; optimistic on base business but cautious on Ibuprofen legacy issues.

Growth

12% QoQ revenue growth; base business margins at 26% EBITDA. Growth is structurally driven by customer base expansion.

Outlook

Targeting debt reduction to sub-₹503cr by end-May 2026; filing 4-5 new DMFs annually starting FY26.

Risks

Persistent Ibuprofen headwinds causing negative EBITDA; strategic review of Ibuprofen/Vizag assets creates medium-term uncertainty.

Source

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

Read the document ↗

Solara Active Pharma Sciences Ltd: key numbers

Share price
₹739.15
Market cap
₹3,552 Cr
Revenue (annual)
₹1,369 Cr
Net profit (annual)
₹-7.41 Cr
P/E (TTM)
-2192.7×Sector 50.4×
Promoter holding
41.93%-0.07% QoQ
FII holding
11.52%Current quarter

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

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