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Divi’s Laboratories (DIVISLAB) investor relations material
Divi’s Laboratories Q1 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY 2027 saw resilient business performance despite challenging global trade and sourcing conditions, with strong execution in custom synthesis and stable generics volumes.
Consolidated total income for Q1 FY 2027 was INR 3,144 crores, up from INR 2,529 crores year-over-year.
Profit before tax rose to INR 1,180 crores from INR 733 crores, and profit after tax increased to INR 902 crores from INR 545 crores year-over-year.
Standalone total income was INR 3,037 crores, with profit after tax at INR 891 crores for the quarter.
Standalone revenue grew 10% on a constant currency basis; exports made up 90% of revenue, with Europe and North America accounting for 75% of exports.
Financial highlights
Standalone revenue from operations for Q1 FY2026-27 was INR 2,974 crores, up from INR 2,357 crores year-over-year.
Standalone profit before tax was INR 1,165 crores, up from INR 747 crores year-over-year.
Standalone earnings per share (EPS) for the quarter was INR 33.55, compared to INR 20.95 in Q1 last year.
Consolidated EPS for the quarter was INR 33.95, up from INR 20.49 year-over-year.
Forex loss of INR 7 crores in Q1 FY2026-27, compared to a gain of INR 39 crores in Q1 last year.
Outlook and guidance
Management reiterated expectations for double-digit revenue growth for the full year, with lumpiness possible due to regulatory approvals and project mix.
Gross and EBITDA margins are expected to be comparable or slightly better than last year, but quarterly fluctuations are anticipated.
Board approved the unaudited financial results for the quarter ended June 30, 2026.
- PAT rose 39.16% as expansion plans advanced and R&D write-offs weighed on reported profit.DIVISLAB
Q4 01/02 - Sales and PAT grew strongly as Chippada launched and exports drove 91% of turnover.DIVISLAB
Q4 02/03 - Sales grew 15%, but higher costs and taxes reduced FY05 earnings.DIVISLAB
Q4 04/05 - FY04 sales and PAT grew strongly as exports and API capacity expanded.DIVISLAB
Q4 03/04 - Export-led growth drove 90% sales growth as major capacity expansion came online.DIVISLAB
Q4 06/07 - Sales and PAT grew as exports and capacity expansion drove the FY07 growth agenda.DIVISLAB
Q4 05/06 - FY08 sales rose 43% and PAT 84% as capacity expanded and exports dominated.DIVISLAB
Q4 07/08 - FY09 growth persisted, but FX losses, destocking and disputed SEZ tax clouded results.DIVISLAB
Q4 08/09 - Destocking cut FY10 sales 22%; capacity expansion targets the recovery.DIVISLAB
Q4 09/10 - Net sales rose 41%, PAT 27%; Rs.200 crore SEZ expansion entered trial runs.DIVISLAB
Q4 10/11
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