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Earnings Call Transcript

Windlas Biotech Earnings Call Transcript: Key Takeaways

Windlas Biotech reported record quarterly revenue driven by 29% growth in CDMO vertical. Management focuses on operational excellence and capacity expansion via Plant 6 commercialization.

Highlights
Revenue growth18% YoY growth; highest ever quarterly revenue.
MarginsEBITDA margin improved through operational leverage and business mix.
Demand visibilityPositive outlook for CDMO and Exports; TGx expected to bridge gaps.
Management confidenceHigh; citing 14 consecutive quarters of record revenue.

Growth

Q1FY27 Revenue grew 18% YoY to INR 248 Cr. EBITDA (excl. ESOP) grew 26% to INR 34 Cr; PAT grew 37% to INR 25 Cr.

Outlook

Plant 6 commercialization on track for H1FY27. Target revenue capacity of INR 1,100 Cr once fully operational.

Risks

Trade Generics vertical impacted by discontinuation of codeine-based products. API price volatility remains a monitoring point.

Last quarter's promises, checked

Delivered

  • Plant 6 mechanical completion → achieved (H1FY27 launch on track) (= BEAT)
  • Revenue growth of 19% YoY for FY26 → delivered 19% (= BEAT)
  • Maintain ROCE/ROE above 25% → sustained above 25% (= BEAT)

Partly delivered

  • Fill codeine-based revenue loss with alternates → partially filled in Q4 (= PARTIAL)
Source

Earnings Call Transcript 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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