Bharat Parenterals Ltd (NSE:BPLPHARMA)
₹ 1,294.7 +20.4 (+1.6%) Market Cap: 9.23 Bil Enterprise Value: 10.38 Bil PE Ratio: 0 PB Ratio: 2.74 GF Score: 55/100

Q2 2026 Bharat Parenterals Ltd Earnings Call Transcript

Nov 12, 2025 / 10:30 AM GMT

Key Points

Positve
  • Gross margins expanded significantly to 44.1% from 33.5% last year, indicating improved procurement discipline and manufacturing efficiency.
  • The company received the US FDA approval for its Vadodara manufacturing facility, paving the way for commercial supplies to the US and EU markets.
  • Inoxil Life Sciences, a subsidiary, finalized 7 new strategic partnerships valued at $1.85 million, enhancing its pipeline with around 20 active products.
  • Bharat Parenterals Ltd (BOM:541096) renewed its WHOGMP certification and cleared the NASDAQ audit of Nigeria, securing new product registrations in multiple countries.
  • The company maintains a positive outlook for H2 FY26, expecting a strong rebound with a 12-14% revenue growth and improved EBITA margins of 15-17%.
Negative
  • Revenue from operations declined to 41.7 crores from 64.5 crores in Q2 last year, primarily due to a planned production break and deferred export dispatches.
  • The company reported a net loss of 8.6 crores, although it improved by 51% year on year.
  • Inoxil Life Sciences is expected to break even operationally this year but will still incur losses due to depreciation and finance costs.
  • The standalone business faced a temporary softness in institutional offtake after a strong Q1, impacting overall performance.
  • The company anticipates increased competition in smaller markets due to global tariff changes, potentially affecting its market position.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BATP.BO - Bharat Parenterals Ltd
Q2 2026 Bharat Parenterals Ltd Earnings Call
Nov 12, 2025 / 10:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Q2H1FY26 earnings conference call of Parra Parentalals Limited, hosted by Philip Capital PCG Desk.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchtone phone.

Please note that this conference is being recorded.

I now hand the conference over to Ms. Brachi from Philip Capital India Private Limited PCG desk.

Thank you and over to you.

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