Did management answer the analysts?
12 analyst questions audited.
View Claim Ledger →Akums delivered a strong Q3 FY26 with operating revenue of ₹1,160 crore (+14.8% YoY) and EBITDA of ₹147 crore (+21% YoY), driven by 16% volume growth in CDMO and recovery in international branded formulations.
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Akums delivered a strong Q3 FY26 with operating revenue of ₹1,160 crore (+14.8% YoY) and EBITDA of ₹147 crore (+21% YoY), driven by 16% volume growth in CDMO and recovery in international branded formulations. EBITDA margin expanded 65 bps YoY to 12.7%, aided by operating leverage and cost controls. PAT grew 2.1% to ₹68 crore, impacted by a one-time labor code charge of ₹18.2 crore. Management highlighted broad-based volume growth across therapies and channels, with Q4 also expected to see double-digit volume growth. Key growth drivers include the EU CDMO contract (€35M annual run-rate from FY28) and Zambia project ($25M supplies from H1 FY27). Risks include sustained API pricing pressure and potential delays in regulatory approvals for new facilities.
12 analyst questions audited.
View Claim Ledger →Sustained API pricing pressure
View Risks →Full transcript text is available on this route.
Read Transcript →CDMO segment revenue grew 16.3% YoY driven by double-digit volume growth across existing customers.
CDMO EBITDA increased 3.7% YoY; margins improved sequentially due to operating leverage.
International branded formulation revenue grew 18% YoY, with gross margins expanding from 25% to 35%.
API revenue grew 35.4% YoY but remained loss-making; losses reduced to ₹7 Cr from ₹11 Cr last year.
Management expects continued double-digit volume growth in CDMO for Q4 FY26 based on current visibility.
API business continues to face pricing softness across key molecules, though the pace of decline has moderated.
View Risks →