CORONABSECorona Remedies Ltd· Pharmaceuticals & BiotechnologyHighNeutral
Announced Mon, 11 May, 2026 · 17:28 IST

Financial Results for the Fourth Quarter and Year ended March 31, 2026

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDFExplain this filing

CORONA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-7.1%Reaction day
₹1765.00
prior close
₹1776.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-3.1%-4.0% vs market
Pharmaceuticals peers, median of 163sector-2.4%-4.7% vs sector

On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 4.7 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 163Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Corona Remedies reported full-year standalone revenue of Rs.1,403.18 Crores, up 17.3% from Rs.1,196.42 Crores in the prior year. Net profit after tax grew 24% to Rs.184.85 Crores from Rs.149.05 Crores. Q4 revenue stood at Rs.353.09 Crores vs Rs.293.69 Crores in Q4 FY25. The company recorded an exceptional charge of Rs.19.10 Crores (Rs.14.29 Crores post-tax) due to the statutory impact of new labour codes (gratuity and compensated absences), which reduced PBT to Rs.240.15 Crores. EBITDA margin expanded year-on-year. The Board recommended a final dividend of Rs.10 per share (100% payout). Auditors Deloitte Haskins & Sells gave an unmodified opinion. The company listed on NSE and BSE in December 2025 via an IPO. Cash generated from operating activities was Rs.229.48 Crores, showing healthy cash generation.

Likely market impact

Revenue growth of ~17% and PAT growth of ~24% indicate solid operational performance. However, the exceptional labour code charge of Rs.19.10 Crores weighed on full-year profits. The stock has listed recently (Dec 2025) and positive results with an unmodified audit opinion are encouraging for investor confidence.