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Emcure Pharmaceuticals Q2 FY27: revenue up 24.3% to ₹2,821 Cr, net profit up 33.7% to ₹326 Cr

Results · Finvezto · 3 Nov 2026 · Emcure Pharmaceuticals (EMCURE)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue2,821-+24.3%
Operating profit588-+23.6%
Net profit326-+33.7%
Operating margin20.8%--0.1 pp
Net margin11.5%-+0.8 pp

YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.

Key points

  • Revenue grew by 24% year-on-year to INR 2,820 crores in Q2 FY27, supported by broad-based growth across both domestic and international markets. Earnings call
  • EBITDA increased 31% year-on-year to INR 575 crores, with EBITDA margin expanding by about 100 basis points to 20.4% driven by operating leverage. Earnings call
  • Domestic revenue grew 12% year-on-year to INR 1,155 crores, led by strong performance in women's health, cardiometabolic, and CNS portfolios. Earnings call

What to watch

  • Management on revenue growth guidance: We now expect revenue growth to exceed 20% compared to mid-teens mentioned earlier.
  • Management on ebitda margin expansion: EBITDA margin improvement for the year is now expected to be at the upper end of our guidance range of 75 to 100 basis points.

Links

Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.