Annual Report for FY 2025-26

Date:- September 01, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Ltd. Dalal Street, Exchange Plaza, Plot no. C/1, G Block, Mumbai - 400 001 Bandra-Kurla Complex, Bandra (E), Scrip Code: 531599 Mumbai - 400 051 Symbol: FDC Sub.: Annual Report for the Financial Year 2025-26 of FDC Limited (“the Company”). Dear Sir / Madam, Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please find enclosed the Annual Report for the financial year 2025-26 of the Company. The Annual Report contains the information to be given and disclosures required to be made in terms of Regulation 34 of the SEBI Listing Regulations. The 86th AGM of the members of FDC Limited will be held on Thursday, September 24, 2026 at 10:00 a.m. IST through Video Conferencing/ Other Audio-Visual Means. The Cut-off date for the purpose of determining the Members eligible to vote on the resolutions set out in the notice of 86th AGM is Wednesday, September 16, 2026. The Remote e-voting period begins on Monday, September 21, 2026 at 09:00 a.m. IST and ends on Wednesday, September 23, 2026 at 05:00 p.m. IST. The Annual Report for the financial year 2025-26 is also being made available on the website of the Company at www.fdcindia.com This is for your information and dissemination. Thanking you, Yours sincerely, For FDC Limited Varsharani Katre Company Secretary & Compliance Officer Mem. No.: FCS-8948 FDC Limited AANNNNUUAALL RREEPPOORRTT 2025-26 Delivering Excellence Powered Legacy Delivering Excellence POWERED BY LEGACY Our journey represents far more than the passage of time. It reflects countless decisions made with conviction, capabilities refined through experience, and relationships nurtured through trust. Every milestone has reinforced a singular belief: advancing wellness and improving the quality of life through innovation, quality, and purposeful progress. The true essence of our journey lies beyond the medicines Today, as healthcare continues to evolve at an we produce and the markets we serve. It is reflected in the unprecedented pace, we are responding with the same lives we touch, the trust we inspire, and the healthier future clarity that has defined us since our inception. We are we help create. It has been shaped by the responsibility investing in advanced technologies, nurturing scientific we carry towards patients, healthcare professionals, innovation, modernising our operations and embracing partners and communities who place their confidence new opportunities across therapeutics and geographies, in us every day. Guided by a clear vision to elevate health while remaining steadfast in the values that have earned outcomes through innovative products and processes, we us enduring credibility. have continually strengthened our scientific capabilities, This balance between continuity and progress reflects expanded our portfolio and enhanced our manufacturing who we are. Experience provides the confidence to excellence to make trusted healthcare more accessible evolve thoughtfully, while a shared vision inspires us to across India and the world. anticipate emerging healthcare needs and respond with greater agility, precision and responsibility. As we look to the future, we do so with deep gratitude for the legacy entrusted to us and confidence in the path we are shaping. Every achievement strengthens our resolve for what lies ahead, as we remain committed to advancing wellness, improving lives, and delivering excellence with the same purpose, integrity, and vision that have always defined us. Corporate Information CCoonntteennttss Founders 04-43 Late Anand L. Chandavarkar (1905–1959) Late Ramdas A. Chandavarkar (1933–2001) Founder Chairman Emeritus Corporate Overview Board of Directors 04 About the Company 06 Board of Directors Key Managerial Personnel In-House Centres Former Chairman's Message 08 Chairman and Managing CA. Uday Kumar Gurkar Mr. Vijay D. Bhatt Andheri R&D Centres 10 Director's message Chairman of the Board & Independent Chief Financial Officer (till 20th October FDC House Geographic Presence 12 Director (Till 31st March 2026) 2025) C-11 & 12, Dalia Industrial Estate, Consolidated Financial Performance 14 Oshiwara Village, Off New Link Road, Mr. Mohan A. Chandavarkar Portfolio Overview 16 Mr. Vishal D. Shah Andheri (West), Mumbai – 400053 Chairman & Managing Director Excellence in Execution 18 Chief Financial Officer (w.e.f. 24th (Chairman of the Board w.e.f. 1st April October 2025) Kandivali R&D Centre Research and Development 22 2026) 54–EFGH, Kandivali Co-operative Building a Greener Future 26 Ms. Varsharani Katre Industrial Estate Ltd., Social 30 Mr. Nandan M. Chandavarkar Company Secretary & Legal Head Charkop, Kandivali (West), Governance 40 Joint Managing Director Mumbai – 400067 Awards and Accolades 42 Mr. Ashok A. Chandavarkar Statutory Auditors Executive Director Registered Office B S R & Co. LLP, Mumbai Mr. Ameya A. Chandavarkar FDC House CEO – International Business & Manufacturing Plants C-11 & 12, Dalia Industrial Estate, 44-136 Investor Information Executive Director Oshiwara Village, Off New Link Road, Roha, Raigad, Maharashtra Andheri (West), Mumbai – 400053 CIN: L24239MH1940PLC003176 Ms. Nomita R. Chandavarkar Non-Executive & Non-Independent Waluj, Chhatrapati Sambhaji Nagar, Statutory Reports BSE Code: 531599 Maharashtra Director Sinnar, Nashik, Maharashtra Other Address Board's Report 44 NSE Symbol: FDC Goa (Plant I & II) AGM Date: September 24, 2026, 10:00 AM IST Dr. Mahesh Bijlani Business Responsibility & Jogeshwari Centre 63 Independent Director Goa (Plant III) Sustainability Reporting AGM Venue: Video Conferencing (VC)/Other 142–148, S. V. Road, Baddi, Himachal Pradesh Audio-Visual Means(OAVM) Jogeshwari (West), Corporate Governance Report 109 Mr. Vijay Maniar Mumbai – 400102 Independent Director Mr. Vijay Nautamlal Bhatt Forward-looking statements Independent Director Some information in this report may contain forward-looking 137-271 statements which include statements regarding Company’s Dr. Charuta Nityanath Mandke expected financial position and results of operations, business Independent Director plans and prospects etc. and are generally identified by forward-looking words such as “believe,” “plan,” “anticipate,” Financial Statements Mr. Kishore Saletore “continue,” “estimate,” “expect,” “may,” “will” or other similar Independent Director (w.e.f. 1st April Standalone Financial Statements 137 words. Forward-looking statements are dependent on 2026) Consolidated Financial Statements 204 assumptions or basis underlying such statements. We have chosen these assumptions or basis in good faith, and we believe that they are reasonable in all material respects. However, we caution that actual results, performances or achievements could differ materially from those expressed or implied in such forward-looking statements. We undertake no obligation to update or revise any forward-looking statement, Scan above QR code whether as a result of new information, future events, or for online report otherwise. Corporate Overview Statutory Reports Financial Statements FDC Limited Board of Directors Leadership that Guides Our Vision CA Uday Kumar Gurkar Mr. Mohan A. Chandavarkar Mr. Nandan M. Chandavarkar Dr. Mahesh Bijlani CA. Vijay Suresh Maniar CA. Vijay Nautamlal Bhatt Former Chairman of the Board Chairman & Managing Director Joint Managing Director Independent Director Independent Director Independent Director & Independent Director (Chairman w.e.f. April 01 2026) (till March 31st 2026) Mr. Ashok A. Chandavarkar Mr. Ameya A. Chandavarkar Ms. Nomita R. Chandavarkar Dr. Charuta Nityanath Mandke CA. Kishore Saletore Executive Director CEO – International Business Non-Executive & Non- Independent Director Independent Director & Executive Director Independent Director (w.e.f. April 01, 2026) 04 Annual Report 2025-26 05 Corporate Overview [Showing first 8,000 characters — download PDF for full document]