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Aurobindo Pharma (AUROPHARMA) investor relations material

Aurobindo Pharma Q1 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 25/26 earnings summary5 Aug, 2025

Executive summary

  • Revenue grew 4% year-over-year to INR 7,868 crore, driven by strong European and growth market performance, with US business stable despite headwinds.

  • EBITDA reached INR 1,603 crore (20.4% margin), with operational efficiencies and stable gross margins.

  • Net profit declined 10.2% year-over-year to INR 824 crore, impacted by lower US sales and higher overheads.

  • Net cash position improved to $140 million as of June 2025, reflecting strong cash generation and reduced gross debt.

  • Board approved an interim dividend of INR 4.0 per share for FY25-26.

Financial highlights

  • Formulation business grew 7% year-over-year to INR 6,953 crore, 88% of total revenue; API business declined 16% due to pricing and geopolitical pressures.

  • US revenues declined 4% year-over-year to $408 million, mainly due to lower lenalidomide sales and destocking.

  • European revenues rose 18% year-over-year to INR 2,338 crore (EUR 241 million); growth markets up 8.8% to INR 772 crore (USD 90 million).

  • ARV formulation revenue surged 55% year-over-year to INR 355 crore, driven by volume uptick and new tenders.

  • R&D spend was INR 367 crore (4.7% of revenue), focused on biosimilars and specialty products; net CapEx for the quarter was $73 million.

Outlook and guidance

  • Management remains optimistic on sustaining growth, supported by volume expansion, new launches, and stable pricing in US and Europe.

  • Targeting internal EBITDA margin of 20–21% for FY26, with margin improvement expected from new manufacturing sites and bioreactor lines.

  • First commercial biosimilar supplies to EU markets expected by Q3/Q4 FY26, with multiple filings and US FDA submission planned.

  • Recent US acquisition expected to strengthen commercial footprint and accelerate growth potential.

  • Operational initiatives and disciplined execution highlighted as key to future growth.

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Q2 202614 Nov, 2025
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Frequently asked questions

Aurobindo Pharma Limited is an Indian pharmaceutical company engaged in the research, development, manufacturing, and marketing of a wide range of generic medicines. The company’s product portfolio includes antibiotics, antiretrovirals, cardiovascular drugs, central nervous system agents, gastroenterology products, and anti-allergics, among others. Aurobindo Pharma serves markets globally, supplying generic pharmaceuticals to hospitals, pharmacies, and healthcare providers. The company also produces active pharmaceutical ingredients (APIs) and has expanded into specialty drugs and biosimilars. The company is headquartered in Hyderabad, India, and its shares are listed on the NSE.

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