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Piramal Pharma Limited Announces Results for Q1 FY27

Jul 29, 2026 · Source: cision
Piramal Pharma Limited Announces Results for Q1 FY27

MUMBAI, India, July 29, 2026 -- Piramal Pharma Limited (NSE: PPLPHARMA) (BSE: 543635), a leading global pharmaceutical, health and wellness company, today announced its standalone and consolidated results for the First Quarter (Q1) ended 30th June 2026.

 

Consolidated Financial Highlights

(in ₹ Crores or as stated)

Particulars

Q1FY27

Q1FY26

% Change

  Revenue from Operations

2,270

1,934

17 %

      CDMO

1,187

997

19 %

      CHG

743

637

17 %

      PCH

347

302

15 %

  EBITDA

285

165

72 %

  EBITDA Margin

12.5 %

8.5 %



  PAT (before exceptional item)

(69)

(102)

32 %

  Exceptional Item

-

21

NM

  PAT (after exceptional item)

(69)

(82)

15 %

Note: Exceptional items in Q1FY26 include one-time insolvency proceeds received from a claim filed against a third-party supplier of our complex hospital generics business, with the NCLT in November 2023

 

Key Highlights

  • Revenue: Healthy 17% revenue growth, supported by strong performance across all three businesses.
  • EBITDA Margin: EBITDA increased by 72%, with EBITDA margin expanding by approximately 400 basis points to 12.5%, reflecting improved operating leverage and execution.
  • Improved Operating Performance: Higher capacity utilization, operating leverage, pricing discipline and operational excellence supported EBITDA margin expansion.
  • Best-in-Class Quality: Sellersville facility in the US received an Establishment Inspection Report from the US FDA, successfully concluding the inspection. Maintain our Zero OAI status till date.

Nandini Piramal, Chairperson, Piramal Pharma Limited said, "We have started FY27 on a strong note, with all three businesses delivering mid-to-high teens revenue growth alongside meaningful EBITDA margin expansion. Our CDMO business delivered broad-based growth across India and overseas sites, supported by an enhanced commercial team, healthy RFP activity and order inflows, and strong execution. In Complex Hospital Generics, we maintained leadership in key therapies, gained traction in ex-US inhalation anesthesia markets, and continued progression on integration of Kenalog®. Our Consumer Healthcare business delivered yet another quarter of robust growth, driven by Power Brands, e-commerce, wider distribution, premiumization, and disciplined brand investments.

Encouraged by this momentum, we look forward to delivering sustained revenue growth and EBITDA expansion through FY27, while staying agile amid a dynamic external environment."

Key Business Highlights

Contract Development and Manufacturing Organization (CDMO):

  • Broad-based growth across India and overseas sites, supported by healthy order inflows and strong execution across the network.
  • Strengthened commercial capabilities through an expanded commercial team, sharper market coverage and deeper customer engagement.
  • Improved Biopharma funding supported increase in RFPs, though customer decision-making timelines remains prolonged. Maintaining our win rates and conversion of these RFPs into orders will be the key driver of growth.
  • Improved Execution and Operating Leverage: Higher utilization, pricing discipline and operational excellence drove EBITDA margin expansion across most sites despite inflationary pressures.
  • Building upon our ADC Capabilities: Inaugurated the commercial-scale payload-linker suite at Riverview (US), while the Lexington (US) sterile injectable capacity expansion remains on track. 
  • Strategic Partnerships: Collaborated with Ajinomoto Bio-Pharma Services for next-gen conjugation technology.
  • Quality: Sellersville facility received an EIR from the US FDA. The business continues to maintain its Zero OAI track record to date.

Complex Hospital Generics (CHG):

  • Inhalation Anesthesia: Retained leadership in the US Sevoflurane market with a 48% value share and witnessed encouraging traction across select ex-US markets. (Source: IQVIA)
  • Kenalog®: Progressing on integration activities. Expect supplies to start from Q2FY27.
  • Intrathecal Therapy: Maintained our #1 position in the US intrathecal Baclofen market. (Source: IQVIA)
  • Injectable Pain Management: Collaborating with suppliers to enhance product availability. 
  • Differentiated and Specialty Products: Continued investments in 505(b)(2) products, complex and differentiated generics, branded products, through in-licensing and co-development.

Piramal Consumer Healthcare (PCH):

  • Power Brands: Grew 23% year-on-year and contributed 53% of Consumer Healthcare sales.
  • E-commerce: Grew 40% year-on-year and contributed 28% of sales.
  • i-choose: Launched a new master brand bringing together the women's intimate care portfolio under a unified identity. 
  • Brand Investments: Invested approximately 12% of sales in media and trade promotion across digital and traditional channels.
  • Profitable Growth: Premiumization, judicious pricing and cost-optimization initiatives helped mitigate raw-material inflation and supported EBITDA performance.

 

                                                                                                                                                                                                                            

Consolidated Profit and Loss Statement

(in ₹ Crores or as stated)

Particulars

Quarterly

Q1FY27

Q1FY26

YoY  %

Revenue from Operations

2,270

1,934

17 %

Other Income

89

58

53 %

Total Income

2,359

1,992

18 %

Material Cost

852

694

23 %

Employee Expenses

676

619

9 %

Other Expenses

547

514

6 %

EBITDA

285

165

72 %

Interest Expenses

88

86

2 %

Depreciation

224

197

13 %

Share of Net Profit of Associates

20

19

5 %

Profit Before Tax

(7)

(100)

93 %

Tax

62

3

2,211 %

Net Profit after Tax

(69)

(102)

32 %

Exceptional item1

-

21

NM

Net Profit after Tax after Exceptional Item

(69)

(82)

15 %

Note: Exceptional items in Q1FY26 include one-time insolvency proceeds received from a claim filed against a third-party supplier of our complex hospital generics business, with the NCLT in November 2023

 

Earnings Conference Call

Piramal Pharma Limited will be hosting a conference call for investors / analysts on 30th July 2026 from   9:30 AM to 10:15 AM (IST) to discuss its Q1 FY2027 Results.

The dial-in details for the call are as under:

Event

Location & Time

Telephone Number

Conference call on 30th July 2026

India – 09:30 AM IST

+91 22 6280 1461 / +91 22 7115 8320 (Primary Number)

1 800 120 1221 (Toll free number)

USA – 12:00 AM

(Eastern Time – New York)

Toll free number

18667462133

UK – 05:00 AM

(London Time)

Toll free number

08081011573

Singapore – 12:00 PM

(Singapore Time)

Toll free number

8001012045

Hong Kong – 12:00 PM

(Hong Kong Time)

Toll free number

800964448

Express Join with Diamond Pass™

Please use this link for prior registration to reduce wait time at the time of joining the call – Click here

 

About Piramal Pharma Limited:

Piramal Pharma Limited (PPL) (NSE: PPLPHARMA) (BSE: 543635), offers a portfolio of differentiated products and services through its 171 global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated contract development and manufacturing organization; Piramal Critical Care (PCC), a complex hospital generics business; and Piramal Consumer Healthcare (PCH) business, selling over-the-counter consumer and wellness products. In addition, one of PPL's associate companies, Abbvie Therapeutics India Private Limited, a joint venture between Abbvie and PPL, has emerged as one of the market leaders in the ophthalmology therapy area in the Indian pharma market. Further, PPL has a strategic minority investment in Yapan Bio Private Limited, that operates in the biologics / bio-therapeutics and vaccine segments.

For more information, visit: Piramal Pharma | LinkedIn

1Includes one facility via PPL's minority investment in Yapan Bio.

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/piramal-pharma-limited-announces-results-for-q1-fy27-302838211.html

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