Press Release: Piramal Pharma Limited Announces Results for Q1 FY27

Dow Jones07-30

MUMBAI, India, July 29, 2026 /CNW/ -- Piramal Pharma Limited (NSE: PPLPHARMA) (BSE: 543635), a leading global pharmaceutical, health and wellness company, today announced its standalone and consolidated results for the First Quarter (Q1) ended 30(th) June 2026.

 
Consolidated Financial Highlights 
--------------------------------------------------------- 
(in Crores or as stated) 
Particulars                      Q1FY27  Q1FY26  % Change 
 Revenue from Operations          2,270   1,934      17 % 
     CDMO                         1,187     997      19 % 
     CHG                            743     637      17 % 
     PCH                            347     302      15 % 
 EBITDA                             285     165      72 % 
 EBITDA Margin                   12.5 %   8.5 % 
 PAT (before exceptional item)     (69)   (102)      32 % 
 Exceptional Item                     -      21        NM 
 PAT (after exceptional item)      (69)    (82)      15 % 
 

Note: Exceptional items in Q1FY26 include one-time insolvency proceeds received from a claim filed against a third-party supplier of our complex hospital generics business, with the NCLT in November 2023

Key Highlights

   -- Revenue: Healthy 17% revenue growth, supported by strong performance 
      across all three businesses. 
 
   -- EBITDA Margin: EBITDA increased by 72%, with EBITDA margin expanding by 
      approximately 400 basis points to 12.5%, reflecting improved operating 
      leverage and execution. 
 
   -- Improved Operating Performance: Higher capacity utilization, operating 
      leverage, pricing discipline and operational excellence supported EBITDA 
      margin expansion. 
 
   -- Best-in-Class Quality: Sellersville facility in the US received an 
      Establishment Inspection Report from the US FDA, successfully concluding 
      the inspection. Maintain our Zero OAI status till date. 

Nandini Piramal, Chairperson, Piramal Pharma Limited said, "We have started FY27 on a strong note, with all three businesses delivering mid-to-high teens revenue growth alongside meaningful EBITDA margin expansion. Our CDMO business delivered broad-based growth across India and overseas sites, supported by an enhanced commercial team, healthy RFP activity and order inflows, and strong execution. In Complex Hospital Generics, we maintained leadership in key therapies, gained traction in ex-US inhalation anesthesia markets, and continued progression on integration of Kenalog$(R)$. Our Consumer Healthcare business delivered yet another quarter of robust growth, driven by Power Brands, e-commerce, wider distribution, premiumization, and disciplined brand investments.

Encouraged by this momentum, we look forward to delivering sustained revenue growth and EBITDA expansion through FY27, while staying agile amid a dynamic external environment."

 
Key Business Highlights 
 
 
Contract Development and Manufacturing Organization 
 $(CDMO)$: 
 --    Broad-based growth across India and overseas sites, 
       supported by healthy order inflows and strong 
       execution across the network. 
 
 --    Strengthened commercial capabilities through an 
       expanded commercial team, sharper market coverage and 
       deeper customer engagement. 
 
 --    Improved Biopharma funding supported increase in RFPs, 
       though customer decision-making timelines remains 
       prolonged. Maintaining our win rates and conversion 
       of these RFPs into orders will be the key driver of 
       growth. 
 
 --    Improved Execution and Operating Leverage: Higher 
       utilization, pricing discipline and operational 
       excellence drove EBITDA margin expansion across most 
       sites despite inflationary pressures. 
 
 --    Building upon our ADC Capabilities: Inaugurated the 
       commercial-scale payload-linker suite at Riverview 
       (US), while the Lexington (US) sterile injectable 
       capacity expansion remains on track. 
 
 --    Strategic Partnerships: Collaborated with Ajinomoto 
       Bio-Pharma Services for next-gen conjugation 
       technology. 
 
 --    Quality: Sellersville facility received an EIR from 
       the US FDA. The business continues to maintain its 
       Zero OAI track record to date. 
 
 Complex Hospital Generics (CHG): 
 --    Inhalation Anesthesia: Retained leadership in the US 
       Sevoflurane market with a 48% value share and 
       witnessed encouraging traction across select ex-US 
       markets. (Source: IQVIA) 
 
 --    Kenalog(R): Progressing on integration activities. 
       Expect supplies to start from Q2FY27. 
 
 --    Intrathecal Therapy: Maintained our #1 position in 
       the US intrathecal Baclofen market. (Source: IQVIA) 
 
 --    Injectable Pain Management: Collaborating with 
       suppliers to enhance product availability. 
 
 --    Differentiated and Specialty Products: Continued 
       investments in 505(b)(2) products, complex and 
       differentiated generics, branded products, through 
       in-licensing and co-development. 
 
 Piramal Consumer Healthcare $(PCH)$: 
 --    Power Brands: Grew 23% year-on-year and contributed 
       53% of Consumer Healthcare sales. 
 
 --    E-commerce: Grew 40% year-on-year and contributed 28% 
       of sales. 
 
 --    i-choose: Launched a new master brand bringing 
       together the women's intimate care portfolio under a 
       unified identity. 
 
 --    Brand Investments: Invested approximately 12% of 
       sales in media and trade promotion across digital and 
       traditional channels. 
 
 --    Profitable Growth: Premiumization, judicious pricing 
       and cost-optimization initiatives helped mitigate 
       raw-material inflation and supported EBITDA 
       performance. 
 
 
Consolidated Profit and Loss Statement 
--------------------------------------------------------------------- 
(in Crores or as stated) 
Particulars                                   Quarterly 
                                              Q1FY27  Q1FY26  YoY % 
Revenue from Operations                        2,270   1,934     17 % 
Other Income                                      89      58     53 % 
Total Income                                   2,359   1,992     18 % 
Material Cost                                    852     694     23 % 
Employee Expenses                                676     619      9 % 
Other Expenses                                   547     514      6 % 
EBITDA                                           285     165     72 % 
Interest Expenses                                 88      86      2 % 
Depreciation                                     224     197     13 % 
Share of Net Profit of Associates                 20      19      5 % 
Profit Before Tax                                (7)   (100)     93 % 
Tax                                               62       3  2,211 % 
Net Profit after Tax                            (69)   (102)     32 % 
Exceptional item1                                  -      21       NM 
Net Profit after Tax after Exceptional Item     (69)    (82)     15 % 
 

Note: Exceptional items in Q1FY26 include one-time insolvency proceeds received from a claim filed against a third-party supplier of our complex hospital generics business, with the NCLT in November 2023

Earnings Conference Call

Piramal Pharma Limited will be hosting a conference call for investors / analysts on 30(th) July 2026 from 9:30 AM to 10:15 AM (IST) to discuss its Q1 FY2027 Results.

The dial-in details for the call are as under:

 
Event                      Location & Time            Telephone Number 
Conference call on 30(th)  India -- 09:30 AM IST      +91 22 6280 1461 / +91 
July 2026                                             22 7115 8320 (Primary 
                                                      Number) 
                                                      1 800 120 1221 (Toll 
                                                      free number) 
                           USA -- 12:00 AM(Eastern    Toll free 
                           Time -- New York)          number18667462133 
                           UK -- 05:00 AM(London      Toll free 
                           Time)                      number08081011573 
                           Singapore -- 12:00         Toll free 
                           PM(Singapore Time)         number8001012045 
                           Hong Kong -- 12:00         Toll free 
                           PM(Hong Kong Time)         number800964448 
Express Join with Diamond  Please use this link for prior registration to 
Pass$(TM)$                   reduce 
                           wait time at the time of joining the call -- Click 
                           here 
 

About Piramal Pharma Limited:

Piramal Pharma Limited $(PPL)$ (NSE: PPLPHARMA) (BSE: 543635), offers a portfolio of differentiated products and services through its 17(1) global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions $(PPS)$, an integrated contract development and manufacturing organization; Piramal Critical Care (PCC), a complex hospital generics business; and Piramal Consumer Healthcare (PCH) business, selling over-the-counter consumer and wellness products. In addition, one of PPL's associate companies, Abbvie Therapeutics India Private Limited, a joint venture between Abbvie and PPL, has emerged as one of the market leaders in the ophthalmology therapy area in the Indian pharma market. Further, PPL has a strategic minority investment in Yapan Bio Private Limited, that operates in the biologics / bio-therapeutics and vaccine segments.

For more information, visit: Piramal Pharma | LinkedIn

(1) Includes one facility via PPL's minority investment in Yapan Bio.

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