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Laurus Labs
Laurus Labs (LAURUSLABS) investor relations material
Laurus Labs Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary23 Jan, 2026
Executive summary
Achieved strong operational and financial performance in Q3 and 9M FY2026, with consolidated revenue for Q3 at ₹1,778.29 crore and 9M revenue at ₹5,044.48 crore, driven by growth in generics, CDMO, and ARV segments.
EBITDA for 9M FY26 reached ₹1,303 crore with a margin of 26.1%, up 9.4 percentage points year-over-year.
Net profit after tax for Q3 was ₹251.88 crore, and for 9M FY26 was ₹610 crore, up 388% year-over-year.
Significant investments made in peptide and ADC infrastructure, with new labs operationalized and GMP facility construction on track.
Outlook for FY26 remains positive with healthy operational growth and continued CAPEX investment.
Financial highlights
Q3 FY26 revenue: ₹1,778 crore, up 26% year-over-year; 9M FY26 revenue: ₹5,001 crore, up 30% year-over-year.
Q3 EBITDA: ₹485 crore (27% margin); 9M EBITDA: ₹1,303 crore (26.1% margin); net profit for 9M: ₹610 crore, up 388% year-over-year.
Gross margin for Q3: 60.9%; 9M: 60.1%, up 4.3 percentage points year-over-year.
Operating cash flow increased 617% to ₹1,477 crore; CAPEX at ₹735 crore for 9M FY26.
ROCE improved to 18.5%; net debt-to-EBITDA reduced to 1.2x.
Outlook and guidance
Confident in delivering healthy operational growth for FY2026 and maintaining gross margins around 60% for the coming quarters and next financial year.
CapEx for FY2026 expected to be about ₹1,000 crore, with similar levels anticipated for next year.
Majority of CDMO FY2027 revenues expected from commercial supplies; healthy growth anticipated over FY2026.
Underlying EBITDA margins anticipated to remain high due to better asset utilization and product mix.
The company is evaluating the impact of new Indian labour codes effective November 2025.
Laurus Bio, KRKA investment impact
Laurus Synthesis demerger: expected benefits
Q3 consolidated vs standalone profit drivers
CDMO FY27 growth drivers
Rationale for avoiding mAb/sterile manufacturing
500-acre greenfield project timeline
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Next Laurus Labs earnings date
Q4 25/2624 Apr, 2026
Laurus Labs
Next Laurus Labs earnings date
Q4 25/2624 Apr, 2026
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Frequently asked questions
Laurus Labs Limited, a pharmaceutical company, develops, manufactures, and sells active pharmaceutical ingredients (APIs) and formulations in India. It involves in the development of antiviral APIs; generic APIs for hepatitis C and HIV Darunavir tablets; and oncology BCS class II drugs. The company also develops and commercializes single super specialty products comprising linezolid and formoterol. The company was incorporated in 2005 and is based in Hyderabad, India.
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