Transcript of earnings conference call on financial results for the quarter and year ended March 31, 2026
INDGN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indegene achieved major milestones in FY26, crossing Rs 3,500 crore in annual revenue (Rs 35,105 million) and Rs 1,000 crore in a single quarter. Revenue grew 23.6% YoY in INR terms and 18.2% in USD terms. Q4 adjusted EBITDA was Rs 1,889 million (23.2% YoY growth), though full-year PAT declined 1.4% to Rs 4,011 million due to a Rs 203 million one-time provision for a US class action lawsuit settlement. Excluding this exceptional item and hedging adjustments, adjusted PAT was Rs 4,583 million, up 12.7%. The company expanded its active customer base from 73 to 91, with $1 million+ customers growing from 41 to 53. Revenue per employee improved to approximately $75,000. Management indicated margin recovery expected in FY27 as investments get absorbed, with the second half seeing higher profitability.
Strong top-line growth and customer expansion indicate solid business momentum. The Rs 203 million lawsuit provision is a one-time hit that does not affect ongoing operations. Management's confident outlook for FY27 margin recovery and cash generation (operating cash flow at 162% of PAT) should be positive for shareholders, though formal revenue guidance was not provided.