Bajaj Healthcare Ltd

Revenue from operations shed 0.91% YoY to Rs 153.05 crore in Q4 FY26, compared with Rs 154.47 crore in the corresponding quarter last year. The company pre-tax loss of Rs 20.80 crore in Q4 FY26 as against profit before tax of Rs 11.72 crore in Q4 FY25. EBITDA stood at Rs 25.33 crore in the quarter ended 31 March 2026, down 1.17% year on year (YoY). The EBITDA margin improved to 16.7% in Q4 FY26, as against 16.4% posted in Q4 FY25. Segment-wise, domestic API revenue declined 2.56% year-on-year to Rs 86.85 crore, while API exports fell 5.42% to Rs 38.54 crore. Revenue from the formulations business rose 27.67% to Rs 27.67 crore during the quarter. The said its novel anti-epileptic molecule, Cenobamate, is progressing through Phase III clinical trials as planned and remains on track for launch in Q2 FY27, strengthening the company's presence in the central nervous system (CNS) therapeutics segment. The company also said it has successfully completed the bioequivalence study for Suvorexant tablets and plans to file the application with the Drugs Controller General of India (DCGI) in the near term, marking another milestone in its drug development and clinical research efforts. On the regulatory front, the company filed 41 Drug Master Files (DMFs) during the fourth quarter, taking the total filings to 110. It said the filings would further strengthen its global regulatory footprint and support expansion into regulated and high-value markets. Separately, the company completed the conversion of 2.08 million warrants into equity shares during the quarter, raising additional capital of Rs 52.7 crore. The proceeds will be used to strengthen the balance sheet and support growth initiatives, it added. Anil Jain, Managing Director said, 'The quarter was marked by a challenging operating environment driven by continued price erosion in domestic APIs, early impacts of geopolitical disruptions in West Asia including elevated raw material prices. While revenue remained broadly stable on a YoY basis despite high teens volume growth, Profit After Tax from continuing operations before exceptional items registered healthy growth of 19% YoY, reflecting the strength of our operational discipline, cost management, and continued focus on profitability despite external headwinds. FY26 revenue grew 12.6% YoY, driven by strong API export growth of 51.6% YoY as we witnessed healthy traction across the EU, UK, LATAM, and other regulated markets, coupled with sustained momentum in the formulations business which also recorded 12.6% YoY growth. EBITDA and overall profitability improved during the year, with PAT margin from continuing operations before exceptional items rising to 8.8% compared to 7.9% in FY25. The formulations business continued to scale meaningfully within the overall business mix, reinforcing diversification benefits, while the CDMO business also gained traction with supplies ramping up steadily. We expect this segment to contribute more meaningfully in the coming quarters as commercial execution continues to expand. The Company also made notable progress on the regulatory and product development front during the year. We filed 41 DMFs during the quarter, taking cumulative filings to 110, further strengthening our presence in regulated markets. The Company has reversed the income recognized in earlier financial year for transferring of technical know-how to manufacture one of the products for a party in Middle East region. The customer was not able to meet its financial commitment, due to delay in getting regulatory approvals for the project. Now due to recent ongoing regional instability in Middle East, the company has decided to cancel the arrangement and reversed the income. Looking ahead, we remain focused on strengthening our core API business and achieving export-led growth while scaling our formulations business with an emphasis on higher-value products. We are accelerating efforts in peptides, oncology, and CNS, supported by continued investments in manufacturing, capacity expansion, and R&D-led innovation. In parallel, we are also strengthening our product pipeline to build a more diversified revenue base. With this integrated approach, Bajaj Healthcare is well positioned to deliver sustainable long-term value for stakeholders.' The board has recommended a final dividend of 30% on the face value of Rs 5 per equity share, translating into a payout of Rs 1.50 per share for FY26. Bajaj Healthcare a leading Manufacturer of APIs, Intermediates and Formulations. Established in the year 1993. It specializes in manufacturing of intermediates, API, formulations & Nutraceuticals. The Company has state-of-art manufacturing facilities of APIs, intermediates and formulations. These facilities are designed to meet the requirements of both advanced as well as emerging market opportunities. BHL has a strong presence globally in countries like Europe, USA, Australia, Middle East and South America. Powered by Capital Market - Live

Revenue from operations shed 0.91% YoY to Rs 153.05 crore in Q4 FY26, compared with Rs 154.47 crore in the corresponding quarter last year. The company posted a pre-tax loss of Rs 20.80 crore during the quarter against a profit before tax of Rs 11.72 crore in Q4 FY25. EBITDA stood at Rs 25.33 crore in the quarter ended 31 March 2026, down 1.17% year on year (YoY). The EBITDA margin improved to 16.7% in Q4 FY26, as against 16.4% posted in Q4 FY25. Segment-wise, domestic API revenue declined 2.56% year-on-year to Rs 86.85 crore, while API exports fell 5.42% to Rs 38.54 crore. Revenue from the formulations business rose 27.67% to Rs 27.67 crore during the quarter. The said its novel anti-epileptic molecule, Cenobamate, is progressing through Phase III clinical trials as planned and remains on track for launch in Q2 FY27, strengthening the company's presence in the central nervous system (CNS) therapeutics segment. The company also said it has successfully completed the bioequivalence study for Suvorexant tablets and plans to file the application with the Drugs Controller General of India (DCGI) in the near term, marking another milestone in its drug development and clinical research efforts. On the regulatory front, the company filed 41 Drug Master Files (DMFs) during the fourth quarter, taking the total filings to 110. It said the filings would further strengthen its global regulatory footprint and support expansion into regulated and high-value markets. Separately, the company completed the conversion of 2.08 million warrants into equity shares during the quarter, raising additional capital of Rs 52.7 crore. The proceeds will be used to strengthen the balance sheet and support growth initiatives, it added. Anil Jain, Managing Director said, 'The quarter was marked by a challenging operating environment driven by continued price erosion in domestic APIs, early impacts of geopolitical disruptions in West Asia including elevated raw material prices. While revenue remained broadly stable on a YoY basis despite high teens volume growth, Profit After Tax from continuing operations before exceptional items registered healthy growth of 19% YoY, reflecting the strength of our operational discipline, cost management, and continued focus on profitability despite external headwinds. FY26 revenue grew 12.6% YoY, driven by strong API export growth of 51.6% YoY as we witnessed healthy traction across the EU, UK, LATAM, and other regulated markets, coupled with sustained momentum in the formulations business which also recorded 12.6% YoY growth. EBITDA and overall profitability improved during the year, with PAT margin from continuing operations before exceptional items rising to 8.8% compared to 7.9% in FY25. The formulations business continued to scale meaningfully within the overall business mix, reinforcing diversification benefits, while the CDMO business also gained traction with supplies ramping up steadily. We expect this segment to contribute more meaningfully in the coming quarters as commercial execution continues to expand. The Company also made notable progress on the regulatory and product development front during the year. We filed 41 DMFs during the quarter, taking cumulative filings to 110, further strengthening our presence in regulated markets. The Company has reversed the income recognized in earlier financial year for transferring of technical know-how to manufacture one of the products for a party in Middle East region. The customer was not able to meet its financial commitment, due to delay in getting regulatory approvals for the project. Now due to recent ongoing regional instability in Middle East, the company has decided to cancel the arrangement and reversed the income. Looking ahead, we remain focused on strengthening our core API business and achieving export-led growth while scaling our formulations business with an emphasis on higher-value products. We are accelerating efforts in peptides, oncology, and CNS, supported by continued investments in manufacturing, capacity expansion, and R&D-led innovation. In parallel, we are also strengthening our product pipeline to build a more diversified revenue base. With this integrated approach, Bajaj Healthcare is well positioned to deliver sustainable long-term value for stakeholders.' The board has recommended a final dividend of 30% on the face value of Rs 5 per equity share, translating into a payout of Rs 1.50 per share for FY26. Bajaj Healthcare a leading Manufacturer of APIs, Intermediates and Formulations. Established in the year 1993. It specializes in manufacturing of intermediates, API, formulations & Nutraceuticals. The Company has state-of-art manufacturing facilities of APIs, intermediates and formulations. These facilities are designed to meet the requirements of both advanced as well as emerging market opportunities. BHL has a strong presence globally in countries like Europe, USA, Australia, Middle East and South America. Shares of Bajaj Healthcare fell 0.88% to end at Rs 336.90 on the BSE. Powered by Capital Market - Live

Bajaj Healthcare announced that the Board of Directors of the Company at its meeting held on 8 May 2026, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Net loss of Bajaj Healthcare reported to Rs 22.85 crore in the quarter ended March 2026 as against net profit of Rs 11.18 crore during the previous quarter ended March 2025. Sales declined 0.91% to Rs 153.06 crore in the quarter ended March 2026 as against Rs 154.47 crore during the previous quarter ended March 2025. For the full year,net profit declined 60.08% to Rs 15.77 crore in the year ended March 2026 as against Rs 39.50 crore during the previous year ended March 2025. Sales rose 12.61% to Rs 611.03 crore in the year ended March 2026 as against Rs 542.60 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales153.06154.47 -1 611.03542.60 13 OPM %14.817.62 -17.1515.19 - PBDT20.0619.26 4 89.7273.93 21 PBT12.4311.73 6 62.1746.01 35 NP-22.8511.18 PL 15.7739.50 -60 Powered by Capital Market - Live

Bajaj Healthcare will hold a meeting of the Board of Directors of the Company on 18 March 2026.Powered by Capital Market - Live

Net profit of Bajaj Healthcare rose 33.70% to Rs 15.67 crore in the quarter ended December 2025 as against Rs 11.72 crore during the previous quarter ended December 2024. Sales rose 31.30% to Rs 161.22 crore in the quarter ended December 2025 as against Rs 122.79 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales161.22122.79 31 OPM %19.0217.62 - PBDT26.4418.50 43 PBT19.2411.65 65 NP15.6711.72 34 Powered by Capital Market - Live

Bajaj Healthcare will hold a meeting of the Board of Directors of the Company on 16 January 2026.Powered by Capital Market - Live

Shreekumar Shankarnarayan Nair holds a bachelor of science degree from SIES College, Mumbai, along with a Diploma in Materials Management from Mumbai University. He brings over 40 years of extensive leadership experience in the pharmaceutical industry, having served in senior roles at Alembic and Glenmark. His distinguished career reflects a consistent excellence in operational management, process optimization, and supply chain transformation. His deep expertise and proven track record will play a pivotal role in driving our organization towards greater efficiency and enhanced performance. Bajaj Healthcare specializes in manufacturing of intermediates, API, formulations & Nutraceuticals. The company has state-of-art manufacturing facilities of APIs, intermediates and formulations. These facilities are designed to meet the requirements of both advanced as well as emerging market opportunities. The company's standalone net profit jumped 17.56% to Rs 11.11 crore on 11.13% rise in revenue from operations to Rs 147.91 crore in Q2 FY26 over Q2 FY25. The scrip rose 0.06% to end at Rs 425.65 on the BSE.Powered by Capital Market - Live

Profit before tax stood at Rs 15.96 crore in Q2 FY26, up 28.29% from Rs 12.44 crore in Q2 FY25. EBITDA stood at Rs 28.6 crore in the quarter ended 30 September 2025, up 5.41% year on year (YoY). The EBITDA margin declined to 19.1% in Q2 FY26, as against 20% posted in Q2 FY25. API (Domestic) revenue declined 5.40% year-on-year to Rs 76.27 crore in Q2 FY26 from Rs 80.63 crore in Q2 FY25. However, API (Exports) recorded a strong growth of 66.88%, rising to Rs 48.73 crore from Rs 29.2 crore in the same period last year. Revenue from Formulations fell slightly by 1.50% to Rs 22.91 crore compared to Rs 23.26 crore in Q2 FY25. On a half-year basis, the company's net profit jumped 38.19% to Rs 22.94 crore on 11.83% rise in revenue from operations to Rs 296.75 crore in H1 FY26 over H1 FY25. Anil Jain, MD, said, 'Our Q2 FY26 performance underscores the resilience of our operations and the strength of our strategic execution, despite ongoing tariff tensions and global uncertainty. Revenue from operations grew 11% year-on-year. Sequentially, gross margin expanded by 462 basis points to 50.8%, while EBITDA margin improved by 217 basis points to 19.1%, resulting in profit from continuing operations growing by a strong 49% year-on-year and reaffirming our focus on sustainable earnings growth. This improvement in margins and profitability was driven by strong growth in exports (up 67% year-on-year) and formulations during the quarter. While pricing pressure persists in the domestic API segment, we continue to pursue opportunities in high-margin products to support long-term margin stability. On the regulatory front, we continue to strengthen our global compliance framework and advance product registrations across key geographies. Our focus remains on expanding our presence in regulated markets and aligning our pipeline with high-value therapeutic areas that offer long-term growth potential. With a strong foundation, enhanced regulatory preparedness, and continued investment in R&D, we are well-positioned to sustain growth momentum and drive expansion across our API and formulations businesses. We have also strengthened our key management people with industry leaders across key divisions, enabling us to achieve sustainable and scalable growth. We remain committed to creating long-term value for the healthcare ecosystem and our stakeholders.' Bajaj Healthcare a leading Manufacturer of APIs, Intermediates and Formulations. Established in the year 1993. It specializes in manufacturing of intermediates, API, formulations & Nutraceuticals. The Company has state-of-art manufacturing facilities of APIs, intermediates and formulations. These facilities are designed to meet the requirements of both advanced as well as emerging market opportunities. BHL has a strong presence globally in countries like Europe, USA, Australia, Middle East and South America. Shares of Bajaj Healthcare fell 2.23% to Rs 460 on the BSE. Powered by Capital Market - Live

Net profit of Bajaj Healthcare rose 17.44% to Rs 11.11 crore in the quarter ended September 2025 as against Rs 9.46 crore during the previous quarter ended September 2024. Sales rose 11.14% to Rs 147.91 crore in the quarter ended September 2025 as against Rs 133.09 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales147.91133.09 11 OPM %18.2218.42 - PBDT23.0419.25 20 PBT15.9612.44 28 NP11.119.46 17 Powered by Capital Market - Live