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Investor Presentation

Windlas Biotech Investor Presentation: Key Takeaways

Windlas Biotech reported Q1FY27 revenue of ₹248 Cr (18% YoY). Adjusted EBITDA and PAT grew 26% and 37% respectively, excluding ESOP costs, driven by CDMO expansion.

Highlights
Revenue growth18% YoY growth in Q1FY27.
MarginsAdjusted EBITDA margin improved to 13.6% from 12.8%.
Demand visibilityStrong CDMO demand; expanding customer base to 926.
Management confidenceHigh; citing 14 consecutive quarters of growth.

Growth

Generic Formulations CDMO grew 29% YoY; Exports surged 79%. Trade Generics declined 32% due to codeine product discontinuation.

Outlook

Plant-6 commercialization on track for H1FY27. Capex of ₹73 Cr in FY26 focused on OSD capacity expansion.

Risks

Trade Generics vertical faced headwinds from product discontinuation; non-cash ESOP expenses impacted reported margins.

Last quarter's promises, checked

Delivered

  • Plant 6 commercialization by H1 FY27 → On track (= BEAT)
  • Maintain ROCE/ROE above 25% → Sustained above 25% (= BEAT)
  • Revenue growth outperforming IPM volume → 18% vs 3.4% (= BEAT)

Partly delivered

  • Injectables scaling → Catching up but with earlier timeline lag (= PARTIAL)

Missed

  • Trade Generics growth → -32% decline due to codeine exit (= MISS)
Source

Investor Presentation filed with NSE, 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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