Inve India ▾
PPPPLPHARMA

Piramal Pharma Q4 FY26 results (Jan–Mar 2026) and concall

Healthcare · Concall AI · Call held 29 Apr 2026

Piramal Pharma navigated a transitional FY26, experiencing a year-on-year decline in reported revenues and EBITDA due to external headwinds and inventory de-stocking, alongside a significant intangible write-down. However, the underlying business showed modest growth, driven by strong H2 CDMO order inflows, the Kenalog acquisition, and robust consumer healthcare performance. The company anticipates a return to healthy early-to-mid-teen revenue growth in FY27, with EBITDA and PAT growing faster, despite an elevated debt-to-EBITDA ratio and projected continued quarterly volatility in CDMO.

You’re reading a preview. Opening the full call uses 1 concall credit.

Sign in to use your monthly call allowance.

What they filed

Q4 FY26: revenue down 0.1%, net profit down 105.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue2,242 2,204 2,754 1,934 2,044 −9%2,140 −3%2,752 −0%
EBITDA342 338 561 107 159 −54%196 −42%461 −18%
Net profit23 4 154 -82 -99 −530%-136 −3500%-9 −106%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.