Innova Captab

Innova Captab delivered a strong Q4 FY26 with revenue of INR 448Current reported value: 448. No comparable prior figure is available in the source record. cr (+42% YoY) and full-year revenue of INR 1,630 cr (+31Current reported value: 31. No comparable prior figure is available in the source record.% YoY), driven by broad-based growth across CDMO (+24% to INR 1,133 crCurrent INR 1,133 cr. Reported change: +24% YoY.) and branded generics (+51% to INR 497 crCurrent INR 497 cr. Reported change: +51% YoY.). The Jammu facility contributed ~INR 300 crCurrent INR 300 cr. Reported change: N/A (first full year). in FY26 and is nearing breakeven, with management expecting margin expansion as utilization ramps. EBITDA margin for FY26 was 15.4%, down ~60bps YoY due to product mix, but management guided for EBITDA growth to outpace revenue growth in FY27. PAT grew 10Current reported value: 10. No comparable prior figure is available in the source record.% to INR 140.9 cr, with depreciation and interest costs largely fixed. Key risks include raw material price volatility from geopolitical tensions and potential margin pressure from new capex at Baddi. Overall, the company is well-positioned to sustain 20%+ revenue growthCurrent reported value: 20%+ revenue growth. No comparable prior figure is available in the source record. with improving profitability.