Key Quantitative Figures - Standalone Results

Quarter Ended September 30, 2026 (Q2 FY2026)

  • Revenue from operations: Rs 106.02 lakhs
  • Other income: Rs 4.64 lakhs
  • Total income: Rs 110.66 lakhs
  • Total expenses: Rs 263.46 lakhs
  • Loss before exceptional items and tax: Rs 152.80 lakhs
  • Exceptional items: Nil
  • Loss before tax: Rs 152.80 lakhs
  • Deferred tax: Rs (40.61) lakhs
  • Net loss: Rs 112.19 lakhs
  • Other comprehensive income (net of taxes): Rs 0.72 lakhs
  • Total comprehensive loss: Rs 111.47 lakhs
  • Basic EPS: Rs (0.32)
  • Diluted EPS: Rs (0.32)

Quarter Ended June 30, 2026 (Q1 FY2026)

  • Revenue from operations: Not disclosed (blank)
  • Other income: Rs 4.59 lakhs
  • Total income: Rs 4.59 lakhs
  • Total expenses: Rs 149.89 lakhs
  • Loss before exceptional items and tax: Rs 145.30 lakhs
  • Exceptional items: Rs 420.00 lakhs
  • Profit before tax: Rs 274.70 lakhs
  • Deferred tax: Rs 61.21 lakhs
  • Net profit: Rs 213.49 lakhs
  • Other comprehensive income (net of taxes): Rs 0.72 lakhs
  • Total comprehensive income: Rs 214.21 lakhs
  • Basic EPS: Rs 0.61
  • Diluted EPS: Rs 0.61

Half Year Ended September 30, 2026 (H1 FY2026)

  • Revenue from operations: Rs 106.02 lakhs
  • Other income: Rs 9.23 lakhs
  • Total income: Rs 115.25 lakhs
  • Total expenses: Rs 413.34 lakhs
  • Loss before exceptional items and tax: Rs 298.09 lakhs
  • Exceptional items: Rs 420.00 lakhs
  • Profit before tax: Rs 121.91 lakhs
  • Deferred tax: Rs 20.60 lakhs
  • Net profit: Rs 101.30 lakhs
  • Other comprehensive income (net of taxes): Rs 1.44 lakhs
  • Total comprehensive income: Rs 102.74 lakhs
  • Basic EPS: Rs 0.29
  • Diluted EPS: Rs 0.29

Comparative Figures - Previous Periods

Quarter Ended September 30, 2025 (Q2 FY2025)

  • Revenue from operations: Rs 596.55 lakhs
  • Other income: Rs 19.07 lakhs
  • Total income: Rs 615.61 lakhs
  • Total expenses: Rs 1,162.05 lakhs
  • Loss before exceptional items and tax: Rs 546.43 lakhs
  • Exceptional items: Rs 313.05 lakhs
  • Loss before tax: Rs 233.38 lakhs
  • Deferred tax: Rs (68.15) lakhs
  • Net loss: Rs 165.23 lakhs
  • Other comprehensive income (net of taxes): Rs 0.18 lakhs
  • Total comprehensive loss: Rs 165.06 lakhs
  • Basic EPS: Rs (0.47)
  • Diluted EPS: Rs (0.47)

Year Ended March 31, 2026 (FY2026)

  • Revenue from operations: Rs 1,060.25 lakhs
  • Other income: Rs 66.04 lakhs
  • Total income: Rs 1,126.29 lakhs
  • Total expenses: Rs 2,832.67 lakhs
  • Loss before exceptional items and tax: Rs 1,706.38 lakhs
  • Exceptional items: Rs 311.04 lakhs
  • Loss before tax: Rs 1,395.34 lakhs
  • Deferred tax: Rs (351.62) lakhs
  • Net loss: Rs 1,043.72 lakhs
  • Other comprehensive income (net of taxes): Rs 2.88 lakhs
  • Total comprehensive loss: Rs 1,040.84 lakhs
  • Basic EPS: Rs (2.96)
  • Diluted EPS: Rs (2.96)

Key Quantitative Figures - Consolidated Results

Quarter Ended September 30, 2026 (Q2 FY2026)

  • Revenue from operations: Rs 433.56 lakhs
  • Other income: Rs 5.56 lakhs
  • Total income: Rs 439.12 lakhs
  • Total expenses: Rs 676.46 lakhs
  • Loss before exceptional items and tax: Rs 237.34 lakhs
  • Exceptional items: Nil
  • Loss before tax: Rs 237.34 lakhs
  • Deferred tax: Rs (56.43) lakhs
  • Net loss: Rs 180.91 lakhs
  • Other comprehensive income (net of taxes): Rs 1.27 lakhs
  • Total comprehensive loss: Rs 179.64 lakhs
  • Loss attributable to equity holders: Rs 210.01 lakhs
  • Basic EPS: Rs (0.60)
  • Diluted EPS: Rs (0.60)

Quarter Ended June 30, 2026 (Q1 FY2026)

  • Revenue from operations: Rs 412.14 lakhs
  • Other income: Rs 4.83 lakhs
  • Total income: Rs 416.97 lakhs
  • Total expenses: Rs 595.52 lakhs
  • Loss before exceptional items and tax: Rs 178.55 lakhs
  • Exceptional items: Rs 420.00 lakhs
  • Profit before tax: Rs 241.45 lakhs
  • Deferred tax: Rs 54.30 lakhs
  • Net profit: Rs 187.15 lakhs
  • Other comprehensive income (net of taxes): Rs 1.27 lakhs
  • Total comprehensive income: Rs 188.42 lakhs
  • Profit attributable to equity holders: Rs 220.53 lakhs
  • Basic EPS: Rs 0.63
  • Diluted EPS: Rs 0.63

Half Year Ended September 30, 2026 (H1 FY2026)

  • Revenue from operations: Rs 845.69 lakhs
  • Other income: Rs 10.39 lakhs
  • Total income: Rs 856.08 lakhs
  • Total expenses: Rs 1,271.98 lakhs
  • Loss before exceptional items and tax: Rs 415.89 lakhs
  • Exceptional items: Rs 420.00 lakhs
  • Profit before tax: Rs 4.11 lakhs
  • Deferred tax: Rs (2.13) lakhs
  • Net profit: Rs 6.24 lakhs
  • Other comprehensive income (net of taxes): Rs 2.54 lakhs
  • Total comprehensive income: Rs 8.78 lakhs
  • Profit attributable to equity holders: Rs 10.53 lakhs
  • Basic EPS: Rs 0.03
  • Diluted EPS: Rs 0.03

Comparative Figures - Previous Periods

Quarter Ended September 30, 2025 (Q2 FY2025)

  • Revenue from operations: Rs 860.50 lakhs
  • Other income: Rs 22.15 lakhs
  • Total income: Rs 882.65 lakhs
  • Total expenses: Rs 1,617.25 lakhs
  • Loss before exceptional items and tax: Rs 734.60 lakhs
  • Exceptional items: Rs 298.78 lakhs
  • Loss before tax: Rs 435.82 lakhs
  • Deferred tax: Rs (112.88) lakhs
  • Net loss: Rs 322.94 lakhs
  • Other comprehensive income (net of taxes): Rs 1.91 lakhs
  • Total comprehensive loss: Rs 321.03 lakhs
  • Loss attributable to equity holders: Rs 318.15 lakhs
  • Basic EPS: Rs (0.90)
  • Diluted EPS: Rs (0.90)

Year Ended March 31, 2026 (FY2026)

  • Revenue from operations: Rs 2,788.24 lakhs
  • Other income: Rs 28.88 lakhs
  • Total income: Rs 2,817.12 lakhs
  • Total expenses: Rs 4,693.86 lakhs
  • Loss before exceptional items and tax: Rs 1,876.74 lakhs
  • Exceptional items: Rs 246.46 lakhs
  • Loss before tax: Rs 1,630.28 lakhs
  • Deferred tax: Rs (473.09) lakhs
  • Net loss: Rs 1,157.19 lakhs
  • Other comprehensive income (net of taxes): Rs 5.08 lakhs
  • Total comprehensive loss: Rs 1,152.11 lakhs
  • Loss attributable to equity holders: Rs 1,171.69 lakhs
  • Basic EPS: Rs (3.32)
  • Diluted EPS: Rs (3.32)

Capital Structure

  • Paid-up equity share capital: Rs 3,526.78 lakhs (Face value Rs 10 per share)
  • Other equity (standalone): Rs 1,811.26 lakhs as of March 31, 2026
  • Other equity (consolidated): Rs 1,238.57 lakhs as of March 31, 2026

Subsidiaries Included in Consolidation

The consolidated results include:

  • Adita Bio Sys Private Limited
  • Spring Labs (step-down subsidiary)

The review report notes that the auditors did not review the interim financial results of 1 subsidiary and 1 step-down subsidiary, whose financial results reflect:

  • Total assets: Rs 3,665.22 lakhs as at September 30, 2026
  • Total revenues: Rs 739.68 lakhs for half year ended September 30, 2026
  • Total net loss after tax: Rs (95.06) lakhs for half year ended September 30, 2026
  • Total comprehensive loss: Rs (93.96) lakhs for half year ended September 30, 2026
  • Cash flows (net): Rs 12.89 lakhs for period ended September 30, 2026

Business Segment

The company operates in a single segment of providing Contract Research and Manufacturing Services.

Board Meeting Details

  • Meeting date: November 11, 2026
  • Meeting time: 3:30 PM to 4:30 PM
  • Meeting approved by: Board of Directors of Pharmaids Pharmaceuticals Limited
  • Recommended by: Audit Committee