HESTERBIONSEHester Biosciences LimitedMediumNeutral
Announced Fri, 1 Aug · 12:30 IST

Hester Biosciences Limited has informed the Exchange regarding a press release dated August 01, 2025, titled "20250801 Press Release".

Revenue DeclinePat Growth 25pctEbitda Margin ExpansionResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hester Biosciences reported its Q1 FY26 results, with a mixed picture between standalone and consolidated performance. Standalone revenue from operations fell 14% to INR 634.90 million, dragged by a sharp 33% drop in the Animal Healthcare division (INR 218.22 million) due to delays in government immunisation programmes for PPR and Lumpy Skin Disease, while the Poultry Healthcare division grew 2% to INR 416.52 million. Standalone PAT declined 7% to INR 78.38 million and EBITDA slipped 8% to INR 133.57 million, with margins largely stable. On a consolidated basis, however, revenue rose 2% to INR 841.05 million and PAT surged 131% to INR 172.96 million, driven by a major turnaround at Hester Africa (from a loss of INR 50 million to a profit of INR 55.02 million). Consolidated EBITDA margin expanded sharply from 24% to 31%, reflecting improved cost control and a better mix from international operations.

Likely market impact

Investors may view the weak standalone print negatively in the near term, but the strong consolidated recovery—led by Hester Africa's turnaround and expanding margins—offers a positive offset. Management expects the delayed government immunisation orders to come through in subsequent quarters, which could support a rebound in standalone numbers.