Please find attached the Press Release

Date: 04/08/2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai- 400 051 Dalal Street, Mumbai- 400 001 Symbol: MOREPENLAB Scrip Code: 500288 Sub.: Press Release – ‘Morepen clocks highest-ever quarterly revenue and earnings in Q1’FY27; EBITDA grows by 207% and PAT by 394%; CDMO enters full scale commercialization’ Dear Sir/ Madam, Please find enclosed press release with the title ‘Morepen clocks highest-ever quarterly revenue and earnings in Q1’FY27; EBITDA grows by 207% and PAT by 394%; CDMO enters full scale commercialization’. This is for your information and dissemination on your website. Thanking you, Yours faithfully, For Morepen Laboratories Limited Vipul Kumar Srivastava Company Secretary F-12148 Encl.: a/a Morepen Laboratories Limited CIN NO. L24231 HP1984PLC006028 Corp. Off.: 2nd Floor, Tower C, DLF Cyber Park, Udyog Vihar-III, Sector-20, Gurugram, Haryana-122016, INDIA TEL.: +91 124 4892000, E-mail: corporate@morepen.com, Website: www.morepen.com Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205, INDIA Tel.: +91 1795 266401-03, 244590, Fax: +91 1795 244591, E-mail: plants@morepen.com Morepen Clocks Highest-Ever Quarterly Revenue and Earnings in Q1’FY27; EBITDA grows by 207% and PAT by 394%; CDMO enters full scale commercialization Gurugram, Haryana – [Aug 4, 2026]: Morepen Laboratories Limited (NSE: MOREPENLAB; BSE: 500288) today announced its financial results for the quarter ended June 30, 2026, reporting its highest- ever quarterly revenue and highest-ever quarterly earnings, supported by better operating leverage, improved performance on API front, strong export growth and full scale commercialization of CDMO mandate. Key Q1’FY27 Highlights • Revenue: Rs. 575.31 Cr, up 34% YoY • EBITDA: Rs. 87.72 Cr, up 207% YoY • EBITDA Margin: 15.25%, improved from 6.65% in Q1 FY26 • PAT: Rs. 56.35 Cr, up 394% YoY • Export Revenue: up 111% YoY • API Growth:31%; API exports up 42% • Medical Devices Growth: 19% • CDMO order : Rs. 825 Cr CDMO mandate enters full scale commercialization phase • CDMO dispatches: Rs. 58 Cr commercial supply already completed in Q1’FY27 • Regulatory: Fourth consecutive USFDA inspections with Nil Form 483 observations The first quarter also marked a major strategic milestone as Morepen’s previously announced Rs. 825 Cr CDMO mandate entered full scale commercialization phase, with Rs. 58 Cr worth of commercial CDMO dispatches already completed during the quarter. This marks the commercial validation of the Company’s Morepen 2.0 strategy, focused on moving from traditional commodity APIs toward innovation-led manufacturing, long-duration CDMO partnerships, recurring customer programs and a scalable operating platform. Commenting on the performance, Mr. Sushil Suri, Chairman & Managing Director, Morepen Laboratories Limited, said: “Q1 FY27 marks an important validation of Morepen’s transformation journey. The Company has delivered its highest-ever quarterly revenue, strong profitability improvement and meaningful operating leverage. More importantly, our Rs. 825 Cr CDMO mandate has now entered full scale commercial execution, reinforcing our shift from a transaction-led API business to a more focused, manufacturing- led platform built around long-duration global partnerships.” “With API profitability recovering, exports growing strongly and Medical Devices continuing to scale as a second growth engine, Morepen is entering the next phase with greater confidence. Our focus remains on disciplined execution, capacity expansion, customer diversification and building deeper scientific and compliance capabilities to create a stronger, more predictable and globally relevant Morepen.” Morepen Laboratories Limited CIN NO. L24231 HP1984PLC006028 Corp. Off.: 2nd Floor, Tower C, DLF Cyber Park, Udyog Vihar-III, Sector-20, Gurugram, Haryana-122016, INDIA TEL.: +91 124 4892000, E-mail: corporate@morepen.com, Website: www.morepen.com Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205, INDIA Tel.: +91 1795 266401-03, 244590, Fax: +91 1795 244591, E-mail: plants@morepen.com Morepen’s API business recorded 31% growth, supported by a healthy recovery in the base business, improved product mix, customer prioritisation and better operating discipline. API exports grew 42%, reflecting stronger traction in global markets. The Company believes that a stronger API base will support the transition toward a higher-quality CDMO platform. The Company’s regulatory and quality track record continues to support its global manufacturing ambitions. Morepen has completed four consecutive USFDA inspections with Nil Form 483 observations, strengthening its credibility with global pharmaceutical customers and supporting long- term CDMO partnerships. To support larger global CDMO opportunities, Morepen is expanding its manufacturing capacity in phases. The Company’s capacity roadmap envisages expansion upto 1,200 KL by FY30. Morepen is also building the next phase of its CDMO-led growth around four strategic pillars: capacity augmentation, global partnerships, capability scale-up and global compliance. The company’s technology roadmap includes deeper capabilities in small molecules, process chemistry, complex chemistry, advanced intermediates, process intensification, high-potency manufacturing, specialty APIs, difficult-to-make molecules and, over time, peptides, oligos and new modalities. The Medical Devices business continued to provide a second scalable growth engine, recording 19% growth during the quarter. The platform is focused on chronic-care categories including blood glucose meters, blood pressure monitors, consumables and future CGM / premium device opportunities. The business has a reported installed base of 20 million blood glucose meters and annual strip scale of 500 million strips, supporting recurring consumables revenue. Looking ahead, Morepen’s near-term priorities include commercial CDMO supplies, API profitability recovery and capacity utilisation. Over the medium term, the Company will focus on capacity augmentation, new customer opportunities and operating leverage. Long term, Morepen aims to build an innovation-led manufacturing platform anchored in global partnerships and sustainable value creation. About Morepen Laboratories Limited Morepen Laboratories Limited is a vertically integrated pharmaceutical and healthcare company with over four decades of API manufacturing experience, globally approved facilities and exports across more than 90 countries. The Company has established leadership positions across key APIs, supported by regulated-market compliant manufacturing infrastructure and a strong global quality track record. Morepen is progressively expanding from a traditional API business into an innovation-led manufacturing platform focused on long-duration supply contracts, CDMO partnerships, process scale-up, regulated-market customer programs and global pharmaceutical partnerships. The Company is also developing its Medical Devices business as a scalable chronic-care healthcare platform across blood glucose monitoring, blood pressure monitoring, recurring consumables, CGM opportunities and connected health. Morepen Laboratories Limited CIN NO. L24231 HP1984PLC006028 Corp. Off.: 2nd Floor, Tower C, DLF Cyber Park, Udyog Vihar-III, Sector-20, Gurugram, Haryana-122016, INDIA TEL.: +91 124 4892000, E-mail: corporate@morepen.com, Website: www.morepen.com Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205, INDIA Tel.: +91 1795 266401-03, 244590, Fax: +91 1795 244591, E-mail: plants@morepen.com Media Contact Investor Relations Mr. Nishant Doshi Head – Corporate Finance & Investor Relations Email: nishant.doshi@morepen.com Media Relations Mr. Girish Singhal Propel Communications Email: propelpr.com@gmail.com Forward-Looking Statement [Showing first 8,000 characters — download PDF for full document]