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Earnings Call

Wockhardt Earnings Call: Key Takeaways

Wockhardt FY26 revenue reached INR 3,373 Cr with EBITDA of INR 630 Cr (18.6% margin). Strategy focuses on Novel Antibiotics (Zaynich) and Biosimilars.

Highlights
Revenue growthINR 3,373 Cr in FY26
MarginsEBITDA margin improved from 5.4% to 18.6%
Demand visibilityStrong for insulin and anti-MRSA brands
Management confidenceHigh regarding Zaynich US FDA/CDSCO approvals

Growth

51% YoY EBITDA growth; Income at INR 3,373 Cr. Emrok grew ~50%; Biotech business grew 27%.

Outlook

Launching Zaynich in US, India, Europe; doubling Human Insulin capacity; deepening biosimilars pipeline.

Risks

Antimicrobial resistance challenges, IP risks, and R&D process uncertainties.

Last quarter's promises, checked

Delivered

  • Guided 20% Zaynich superiority → delivered 20% (= BEAT)
  • Guided INR 1000 Cr QIP → delivered INR 1000 Cr (= BEAT)
  • Guided EBITDA growth >60% → delivered 67% (= BEAT)

Partly delivered

  • Guided Zaynich US launch FY26-27 → delivered US FDA approval (= PARTIAL)
  • Guided 2x Insulin capacity in 24mo → delivered 2x scale-up (= PARTIAL)

Missed

  • Guided Net Debt:Equity 0.01% → delivered 0.10% (= MISS)
  • Guided Revenue INR 3033 Cr → delivered INR 3373 Cr (= BEAT)
Source

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

Read the document ↗

Wockhardt Ltd: key numbers

Share price
₹2,265.60
Market cap
₹36,814 Cr
Revenue (annual)
₹3,373 Cr
Net profit (annual)
₹213.0 Cr
P/E (TTM)
90.0×Sector 50.4×
Promoter holding
49.08%+0.00% QoQ
FII holding
7.23%Current quarter

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

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Financial Results

Wockhardt Q4 FY26 Results: Turns Profitable, Net Profit ₹164 Cr

Wockhardt Ltd reported revenue from operations of ₹965 Cr (+29.9% YoY) and net profit of ₹164 Cr for Q4 FY26.

Key figure
Net profit ₹164 Cr