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Neuland Laboratories (524558) investor relations material
Neuland Laboratories Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY2026 revenue reached INR 516 crore, a 63.7% year-over-year increase, primarily driven by commercial CMS projects and improved operating leverage.
EBITDA margin improved to 30.4% with EBITDA at INR 156.9 crore, reflecting a favorable business mix and significant YoY growth.
Profit after tax rose to INR 96.5 crore from INR 32 crore in Q2 FY2025; EPS at INR 75.18.
Customer engagement remains strong across geographies, with a reputation for agility leading to new and expanded business opportunities, especially in CDMO and generic APIs.
Unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, were approved by the Board on November 7, 2025.
Financial highlights
Q2 FY26 total income was INR 516.1 crore, up 63.7% YoY; EBITDA at INR 156.9 crore, up 138.8% YoY; PAT at INR 96.5 crore, up 201.6% YoY.
Gross margin for the quarter was 60.1%, up from 56.3% in Q2 FY2025.
Working capital days stood at 155; net debt at -INR 6.6 crore, indicating a strong net cash position.
CapEx was INR 91 crore for the quarter and INR 170.7 crore for the first half of the year.
Basic and diluted EPS for Q2 FY26 was INR 75.49, compared to INR 25.60 in Q2 FY25.
Outlook and guidance
Management expects FY2026 to be a year of strong growth, with momentum from top CMS molecules and margin expansion likely to continue.
Commercialization of another molecule is anticipated this year, with new business expected over the next 12-18 months.
No explicit quarterly guidance provided, but optimism for sustained growth remains.
The company continues to focus on APIs and allied services as its primary business segment.
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