BSECompany Update2d ago · 11 Aug 2026, 10:24 pm
Press Release
Sai Parenterals Ltd · 544742
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Sai Parenterals Limited has announced its un-audited Financial Results for the quarter ended 30th June 2026, with total revenue of Rs. 182.4 crore, gross profit of Rs. 76.2 crore, EBITDA of Rs. 27.3 crore, and PAT of Rs. 7.9 crore.
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Sai Parenterals Ltd - 544742 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 11th August, 2026
The Manager The Manager,
BSE Limited NSE Limited,
P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex,
Mumbai-400001 Bandra (E), Mumbai- 400051.
(BSE Scrip Code: 544742) (NSE Symbol: SAIPARENT)
Dear Sir/Madam,
Unit: Sai Parenterals Limited
Subject: Investors Press Release on the Standalone & Consolidated Un-audited financial results
for the quarter ended 30.06.2026.
Pursuant to Regulation 30(6) of the SEBI (LODR) Regulations 2015, please find the enclosed herewith
the Press Release on the Standalone & Consolidated Un-audited financial results for the quarter ended
30.06.2026.
The Investor Press Release may also be accessed on the website of the Company at
https://www.saiparenterals.com/
Request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For Sai Parenterals Limited
Mr. Anil Kumar Karusala
Managing Director
(DIN- 01866646)
Encl: As above
Investor Release
Sai Parenterals Limited
Q1 FY27 Financial & Business Highlights
Mumbai, 11th August 2026 – Sai Parenterals Limited, is an integrated, IP-led pharmaceutical enterprise
operating across two complementary verticals — contract development and manufacturing for Indian and
multinational customers, and branded generic formulations sold domestically and exported into regulated
and semi-regulated markets. It has announced its un-audited Financial Results for the quarter ended 30th
June 2026.
Total Revenue Gross Profit EBITDA PAT
Rs. 76 crores Rs. 27 crores Rs. 8 crores
Rs. 182 crores
Margin 41.8% Margin 14.9% Margin 4.3%
Consolidated For Q1FY27
Key Consolidated Financial Highlights
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26
Revenue From Operations 178.7 33.4
Total Revenue 182.4 34.6
Gross Profit 76.2 12.7
Gross Profit Margin (%) 41.8% 36.7%
EBITDA 27.3 5.9
EBITDA Margin (%) 14.9% 17.1%
PAT 7.9 1.4
PAT Margin (%) 4.3% 4.1%
Note: Consolidated figures for Q1FY27 include a full quarter of Noumed Pharmaceuticals; Q1FY26 does not, Noumed having been
consolidated with effect from November 12, 2025. Year-on-year comparison is accordingly not like-for-like.
• Revenue stood at Rs. 182.4 crore. Revenue for the quarter represents approximately 24% of the
FY27 revenue target of Rs. 750 crore, ahead of the phasing implied by the guided 45:55 split
between the two halves.
• Gross profit stood at Rs. 76.2 crore with gross margin at 41.8%, an expansion 370 bps q-o-q
against 38.1% in Q4FY26. Recovery of raw material cost increases remains partial, as
contractual arrangements provide customers a 90-day window before a revised price takes
effect.
• EBITDA stood at Rs. 27.3 crore with EBITDA margin at 14.9% during the quarter, an improvement
of 50 bps over 14.4% in Q4FY26, despite absorbing elevated air-freight costs in Australia arising
from industry-wide shipping disruption.
• Profit After Tax stood at Rs. 7.9 crore for Q1FY27, with PAT margin at 4.3%.
• Group composition — the standalone entity contributed 31% of consolidated revenue but 61%
of consolidated EBITDA, reflecting that the Noumed platform presently operates at a
distribution margin pending the commencement of in-house manufacturing at Adelaide and
the progressive internalisation of outsourced volumes.
Investor Release
Key Standalone Financial Highlights
Particulars (in Rs. Crs.) Q1 FY27 Q1 FY26 YoY
Revenue From Operations 52.8 19.2 174.9%
Total Revenue 56.2 20.4 174.8%
Gross Profit 22.1 9.8 126.5%
Gross Profit Margin (%) 39.3% 47.7%
EBITDA 16.8 4.3 292.7%
EBITDA Margin (%) 29.8% 20.9%
PAT 8.9 0.8 975.1%
PAT Margin (%) 15.8% 4.0%
• Revenue stood at Rs. 56.2 crore, registering a robust 174.8% y-o-y growth as against Q1FY26
revenue of Rs. 20.4 crore.
• Gross profit stood at Rs. 22.1 crore with gross margin at 39.3%.
• EBITDA stood at Rs. 16.8 crore, up 292.7% y-o-y, compared to Rs. 4.3 crore in Q1FY26. EBITDA
margin stood at 29.8% during the quarter, an expansion of 890 bps y-o-y, on account of
operating leverage.
• Profit After Tax stood at Rs. 8.9 crore for Q1FY27, registering a 975.1% y-o-y growth, compared
to Rs. 0.8 crore in Q1FY26. PAT margin stood at 15.8%.
Key Business and Strategic Developments
Proposed variation in the utilisation of IPO proceeds
• The Board of Directors has approved a proposed variation in the objects of the issue,
redeploying Rs. 83.83 crore earmarked for the capacity expansion and upgradation
of manufacturing facilities and Rs. 18.02 crore earmarked for a new research and
development centre towards majority stakes in two operating pharmaceutical
assets.
• The purpose for which the IPO funds were raised — EU-GMP compliant injectable
capacity for regulated markets and a dedicated research and development platform
— remains unchanged; only the manner of execution is being varied. The proposal is
subject to the approval of shareholders.
New critical-care injectable facility — acquisition of a 60% stake in Saicriti Pharma
Private Limited
• The Company proposes to acquire a 60% equity stake in Saicriti Pharma Private
Limited, a newly established company, for Rs. 83.83 crore. Saicriti has been formed
to construct a critical-care injectable facility at Gummadidala, outside the Outer Ring
Road, on a site of over 15,000 square yards, where approvals are in place and civil
work is already under way. This is an investment into a project under construction, not
the purchase of an established business.
• The facility is being built to EU-GMP and USFDA standards, with dedicated capability in
complex injectables, lyophilisation and GLP-compliant laboratories, alongside
general injectable capacity.
Investor Release
Key Business and Strategic Developments
• Total project cost is estimated at Rs. 215 crore. The Company’s contribution of Rs.
83.83 crore is unchanged from the amount originally earmarked for upgrading Units I
and II; the balance 40% equity of Rs. 55.89 crore is funded by the promoters of Saicriti,
and the residual requirement through project debt of Rs. 75.24 crore carrying a three-
year moratorium and a seven-year repayment schedule. No premium is being paid.
The entire Rs. 83.83 crore is applied towards the construction of the facility; no part of
it represents consideration for an existing business, a customer base or a
management team.
• Units I and II at Jeedimetla fall within the Outer Ring Road, where upgradations are no
longer permitted under the Hyderabad Industrial Lands Transformation Policy. The
site, at approximately 3,100 square yards against the 12,000 to 13,000 square yards an
EU-GMP injectable plant of this scale requires, cannot be expanded, and no adjoining
land is available.
• Building from the ground up would have cost us extended time. A greenfield project
begun afresh would have required seven to eight months for land allotment alone
before construction could commence, ahead of the build and qualification cycle that
follows.
• The proposed route delivers approximately 154.66 million units of injectable
capacity against approximately 105 million units under the original upgradation plan
— roughly 47% more capacity, on a larger and longer-lived asset, at an unchanged
outlay from the Company and with completion extended by about one month, to
April 2027.
Acquisition of a 60% stake in Prathyak Laboratories Private Limited — deepening the
research platform
• SP Analytics Private Limited, the Company’s dedicated research and development
subsidiary, proposes to acquire a 60% equity stake in Prathyak Laboratories Private
Limited for Rs. 18.02 crore — the same quantum originally earmarked for a greenfield
research centre.
• Prathyak operates an established research and development centre at Genome
Valley, Hyderabad, with three years of operating history, 65 personnel including 28
research scientists, and a pipeline of 150 SKUs across 86 molecules, with proven
capability in lyophilised, liposomal and nano-based complex injectables and in
oncology.
• Acquiring an operating platform in place of building one allows development work to
commence immediately upon acquisit
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