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Regulatory delays in acquisition closures
View Risks →Entero Healthcare delivered a strong Q1 FY26 with revenue of ₹1,440 crore, up 28% YoY (31% like-to-like), driven by 15% organic growth (1.6x IPM) and 16% from M&A.
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Entero Healthcare delivered a strong Q1 FY26 with revenue of ₹1,440 crore, up 28% YoY (31% like-to-like), driven by 15% organic growth (1.6x IPM) and 16% from M&A. EBITDA grew 66% YoY to ₹50 crore, with margins expanding 82 bps to 3.6%, despite annual wage hikes. PAT rose 47% to ₹30 crore. Gross margins improved 83 bps to 9.9% on better mix and procurement. Management reiterated FY26 guidance of 30% revenue growth and 4%+ EBITDA margins, with operating leverage expected from Q2 onward as seasonal demand picks up. Working capital days targeted to reduce from 66 to 60 by year-end. Risk: Integration of recent acquisitions may face regulatory delays (e.g., drug license site outage).
एंटरो हेल्थकेयर ने वित्त वर्ष 2026 की पहली तिमाही में शानदार प्रदर्शन किया। कंपनी की कमाई ₹1,440 करोड़ रही, जो पिछले साल से 28% ज्यादा है। इसमें 15% अपने कारोबार से और 16% नई कंपनियों को खरीदने से बढ़ोतरी हुई। मुनाफा (EBITDA) 66% बढ़कर ₹50 करोड़ हो गया। कंपनी ने सालाना तनख्वाह बढ़ोतरी के बावजूद मुनाफा बढ़ाया। शुद्ध मुनाफा (PAT) 47% बढ़कर ₹30 करोड़ रहा। कंपनी का कहना है कि इस साल कमाई 30% और मुनाफा 4% से ज्यादा रहेगा। हालांकि, नई कंपनियों को जोड़ने में दवा लाइसेंस जैसी देरी का खतरा है।
Regulatory delays in acquisition closures
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Read Transcript →Increased from 60,000 in Q1 FY25, reflecting continued customer acquisition.
Hospital count stable sequentially; focus on wallet share growth.
Expanded product range, including higher-margin categories like medical devices.
Reduced from ~71 days a year ago; targeting 60 days by FY26 end.
Management expects full-year revenue growth of 30%, including ~15% organic and ~15% from M&A, with ~₹500 crore of acquired revenue recognized.
Closure of two announced acquisitions delayed due to drug license site outage, impacting revenue recognition timing.
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