JUBLPHARMABSEJubilant Pharmova LtdHighNeutral
Announced Fri, 22 May · 14:52 IST

Press Release and Presentation On Financials

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

JUBLPHARMA · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹1011.00
prior close
₹1004.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.1+0.4-0.1-1.1-2.1-2.1-1.8-3.4-3.2-2.0-5.5-2.1
Up moveDown movePending
AI summary

Jubilant Pharmova reported FY26 revenue of Rs. 8,280 Cr (up 14% YoY) and EBITDA of Rs. 1,326 Cr (up 8%). EBITDA margins declined 99 bps to 15.9% due to temporary shutdown of the Montreal CDMO facility for FDA remediation, affecting the radiopharma and CDMO segments. Normalised PAT grew 7% to Rs. 442 Cr. The company proposed a dividend of Rs. 5 per share. Key growth highlights include: CDMO Sterile Injectables revenue grew 38% to Rs. 1,755 Cr driven by Line 3 ramp-up at Spokane; Radiopharma revenue grew 10% to Rs. 1,178 Cr; one of the world's largest oncology products was onboarded on Line 3 (commercial production expected late FY27). Management stated that EBITDA margins will strengthen from H2'FY27 onwards as Montreal production stabilises and higher depreciation from new lines gets offset by volume ramp. Net Debt/EBITDA stood at 1.3x at end of FY26. Vision 2030 targets aspirational revenue of Rs. 13,500 Cr with 23-25% EBITDA margin.

Likely market impact

The company delivered strong topline growth but margins compressed due to one-time Montreal facility issues. Management guided for margin recovery from H2'FY27, suggesting near-term pressure but improved profitability ahead as new CDMO lines ramp up and Montreal stabilises.