INDGNNSEIndegene LimitedHighNeutral
Announced Wed, 29 Apr · 20:31 IST

Outcome of Board Meeting

Revenue Growth 20pctEbitda Margin CompressionExceptional ItemContingent Liabilities IncreasedResults View source PDF

INDGN · price

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

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AI summary

Indegene Limited reported audited consolidated financial results for FY2026 with revenue from operations growing 23.6% to Rs. 35,105 million from Rs. 28,393 million in FY2025. However, profit after tax declined marginally to Rs. 4,011 million from Rs. 4,067 million, impacted by Rs. 203 million in exceptional litigation provisions (TCPA lawsuit settlement). The Board recommended a final dividend of Rs. 2.25 per equity share. During the year, the company completed four acquisitions including BioPharm Parent Holdings for Rs. 8,821 million, significantly expanding its goodwill to Rs. 11,343 million. Deloitte Haskins & Sells issued an unmodified (clean) audit opinion. A contingent liability of Rs. 1,114 million exists due to a transfer pricing draft order under MAP resolution.

Likely market impact

Revenue growth of 23.6% demonstrates strong business expansion driven by acquisitions, though PAT remained flat due to exceptional items and integration costs. The clean audit opinion and dividend recommendation are positive signals for shareholders despite margin compression.