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Laurus Labs (LAURUSLABS) investor relations material
Laurus Labs Q4 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record revenues of ₹6,813 crore in FY26, up 23% year-over-year, with strong growth in both CDMO and Affordable Medicines divisions and continued global leadership in ARV therapy, servicing one-third of the global HIV population.
EBITDA rose 64% to ₹1,826 crore, with margins improving to 26.8% due to favorable product mix and operational leverage.
Net profit surged 148% to ₹890.14 crore, and ROCE improved to 17.7% from 9.7% last year.
Transformation of the business portfolio underway, with increasing contribution from CDMO and diversification beyond ARV.
Audited consolidated and standalone financial results for the year ended March 31, 2026, were approved with an unmodified audit opinion from Deloitte Haskins & Sells LLP.
Financial highlights
FY26 consolidated revenue reached ₹6,813 crore, up 23% year-over-year; Q4 revenue at ₹1,812 crore, up 5%.
Gross margin for the year at 60.4%, Q4 at 61.4%; EBITDA margin expanded to 26.8% for the year and 28.9% for Q4.
Profit after tax for FY26 was ₹890.14 crore, up 148% year-over-year; Q4 PAT at ₹282.09 crore.
ROCE improved to 17.7% from 9.7% last year.
Basic and diluted EPS (consolidated) for FY26 were ₹16.47 and ₹16.45, respectively.
Outlook and guidance
Confident in maintaining or improving current EBITDA margins in FY27, with ongoing investments in large-scale manufacturing, gene therapy, and ADC platforms.
CDMO segment expected to continue positive growth, with no significant product concentration risk.
ARV revenue expected to remain constant in absolute terms, but its percentage of total revenue will decline as other segments grow.
CapEx guidance increased to ₹3,000 crore over the next two years to support growth; new 532-acre Vizag site to enhance global scale, with $600mn capex planned over 8 years starting FY27.
Composite Scheme of Arrangement for demerger and amalgamation involving Laurus Synthesis Private Limited is pending regulatory approval.
- Q1 FY25 delivered modest revenue growth, strong margins, and sets up for a stronger H2.LAURUSLABS
Q1 24/253 Feb 2026 - 9M FY26 revenue up 30% and net profit up 388%, led by generics and CDMO growth.LAURUSLABS
Q3 25/261 Feb 2026 - Flat revenue, margin pressure, lower profit, but H2 growth and dividend expected.LAURUSLABS
Q2 24/2518 Jan 2026 - Q3 FY25 revenue and profit surged on CDMO strength, with major investments fueling future growth.LAURUSLABS
Q3 24/259 Jan 2026 - Double-digit revenue and profit growth driven by CDMO, margin expansion, and land sale gains.LAURUSLABS
Q4 202529 Nov 2025 - 33% revenue growth and 985% net profit surge in H1 FY26, led by CDMO and Generics.LAURUSLABS
Q2 25/2625 Nov 2025 - Revenue rose 31% to ₹1,570 crore, with net profit and margins sharply higher on CDMO strength.LAURUSLABS
Q1 25/2625 Nov 2025
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