Indoco Remedies Ltd (NSE:INDOCO)
₹ 219.51 -2.69 (-1.21%) Market Cap: 20.30 Bil Enterprise Value: 30.66 Bil PE Ratio: 688.13 PB Ratio: 2.16 GF Score: 71/100

Q1 2026 Indoco Remedies Ltd Earnings Call Transcript

Jul 24, 2025 / 10:00 AM GMT
Release Date Price: ₹321.8 (+3.42%)

Key Points

Positve
  • Indoco Remedies Ltd (BOM:532612) reported a significant improvement in their OTC business, with a growth of more than 46% over the immediate preceding quarter.
  • The company has successfully rolled out phase one of its master manufacturing program, resulting in a 26% increase in international business.
  • European authorities have approved the Goa plant for sterile product supply, indicating successful remediation efforts and compliance with global manufacturing standards.
  • The company has shown improvement in EBITDA both on a standalone and consolidated basis despite challenges.
  • Indoco Remedies Ltd (BOM:532612) has seen a 12.5% growth in standalone net revenues compared to the previous quarter.
Negative
  • The company is still facing challenges with the US FDA warning letter on the Goa plant, with remediation efforts ongoing and expected to complete by December.
  • There was a decline in revenues from the US business, Europe, and regulated markets compared to the same quarter last year.
  • Interest costs have increased due to overall exposure to long-term and short-term borrowings.
  • The domestic formulation business showed flat growth compared to the same quarter last year.
  • The company is still in the process of achieving full efficiency in its manufacturing plants, with phase two expected to complete by the end of Q2.


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

INRM.NS - Indoco Remedies Ltd
Q1 2026 Indoco Remedies Ltd Earnings Call
Jul 24, 2025 / 10:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the Indigo Remedies Q1F 526 earnings conference call hosted by Dole Capital Markets Private Limited. 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 0 on your touchstone phone. Please note that this conference has been recorded. I now hand the conference over to Ms. Rashmi Shetty.

Thank you and over to you.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot