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Windlas Biotech Earnings Call: Key Takeaways

Windlas Biotech reported record FY26 revenue of ₹904cr (up 19% YoY) and highest post-listing EPS of ₹31.60. Management emphasized scalability, capital efficiency (ROCE/ROE >25%), and diversification into injectables and exports.

Highlights
Revenue growth19% YoY for FY26 to ₹904 crores.
MarginsAdjusted EBITDA margin at 13.4% for FY26.
Demand visibilityStrong trust with customers; growing relevance in CDMO space.
Management confidenceHigh; citing 13 consecutive quarters of record revenue.

Growth

FY26 Revenue: ₹904cr (+19%); Q4 Revenue: ₹238cr (+18%). FY26 Adjusted EBITDA: ₹121cr (13.4%); PAT: ₹83cr (9.2%).

Outlook

Plant 6 commercialization by H1 FY27; targeting ₹1,000cr+ revenue capacity; expanding injectables and export vertical growth.

Risks

Regulatory intensity increasing; supply disruptions/API price hikes due to West Asia crisis; loss of codeine-based syrup business.

Source

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

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Windlas Biotech Ltd: key numbers

Share price
₹1,102.55
Market cap
₹2,314 Cr
Revenue (annual)
₹904.1 Cr
Net profit (annual)
₹66.44 Cr
P/E (TTM)
34.8×Sector 50.4×
Promoter holding
63.31%+1.41% QoQ
FII holding
2.04%Current quarter

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

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