Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Hikal Earnings Call: Key Takeaways

Q4FY26 revenue hit ₹519cr with 20.3% EBITDA margin. Management focuses on transition from remediation to sustainable technology-led growth despite US FDA and raw material headwinds.

Why this was an Alfa AlertNot a filter event. Management missed prior 10% Pharma growth guidance due to FDA issues.
Highlights
Revenue growthFY26 revenue ₹1,713cr, broadly flat to declining YoY.
MarginsQ4 EBITDA margin improved to 20.3%; FY26 at 12.9%.
Order bookPharma order book remains intact despite shipment delays.
Demand visibilityImproving demand trends in API and CDMO segments for FY27.
Management confidenceConfident in recovery post-FDA resolution and inventory normalization.

Growth

FY26 revenue ₹1,713cr; EBITDA ₹220cr (12.9% margin). Pharma revenue ₹1,021cr; Crop Protection ₹692cr.

Outlook

Targeting 5-6 DMF filings annually. HPAPI plant targeted for FY28. Guidance of ₹500cr Animal Health revenue.

Risks

US FDA warning letter at Bangalore; raw material price spikes in solvents; geopolitical volatility impacting supply.

Source

Earnings Call filed with BSE, NSE: HIKAL. Summary written with AI assistance from the document.

Read the document ↗

Hikal Ltd: key numbers

Share price
₹225.24
Market cap
₹2,777 Cr
Revenue (annual)
₹1,713 Cr
Net profit (annual)
₹-48.80 Cr
P/E (TTM)
-82.2×Sector 47.3×
Promoter holding
68.85%+0.00% QoQ
FII holding
0.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Hikal Ltd

All →
21:24 IST BSE
Annual General Meeting

Hikal Annual General Meeting

Hikal Ltd held its 38th AGM on September 23, 2026, approving financial statements, director appointments, remuneration revisions, and declaring a total dividend of ₹0.60 per share.

13:38 IST BSE
Production Started

Hikal Production Started

Hikal has begun commercial production at its new cGMP Panoli facility, entering Personal Care manufacturing. First batches of UV filters and skincare ingredients are now being supplied to global customers.

16:24 IST BSE
Other Announcement

Hikal Other Announcement

Hikal Ltd has filed its Business Responsibility and Sustainability Report for FY 2025-26, fulfilling regulatory compliance requirements under SEBI (LODR) Regulations, 2015.

16:09 IST NSE
Annual Report

Hikal Annual Report

Hikal Limited has submitted its Annual Report for FY 2025-26 and the Notice of its 38th Annual General Meeting to the stock exchanges.

13:25 IST BSE
Annual General Meeting

Hikal Annual General Meeting

Hikal Ltd has scheduled its 38th Annual General Meeting for September 23, 2026. The company fixed September 04, 2026, as the record date for final dividend eligibility.

13:18 IST BSE
Management Change

Hikal Management Change

Hikal Limited has appointed Mr. Sameer Hiremath as Chairman and Managing Director for five years. The appointment is effective from October 1, 2026, subject to shareholder approval.

Execution
5 years