Gujarat Themis Biosyn: CFO Bhavik Shah steps down, Krupesh Patel named new CFO
GUJTHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.3 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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Gujarat Themis Biosyn's board approved Q3 FY26 results: revenue INR 4,336.82 lakhs (up from 3,951.98 a year ago), net profit INR 1,246.46 lakhs (slightly lower than 1,297.23 YoY). CFO Bhavik Shah steps down from April 1, 2026 to take a new internal role as Senior Accounts Manager. Krupesh Patel, with 15 years experience across pharma, steel and defence sectors including Tata Advanced Systems and Blue Star, appointed as new CFO and KMP. Independent director Kirandeep Madan reappointed for a second 5-year term from May 1, 2026.
CFO transition appears orderly and internal. Q3 net profit dipped marginally YoY despite revenue growth. No major red flags for shareholders.