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Mankind Pharma Ltd Q4 FY25 Results

MANKINDQ4 FY25 Results
Filing
MetricValue ( Cr)vs Q3 FY25
Revenue3.1K4.7%
Total Income3.3K0.7%
Expenditure2.8K0.1%
PBT513.113.9%
Net Profit424.6510.4%
OPM22.19%22.09pp
NPM12.75%1.23pp
EPS10.309.0%
View full financials

Mankind Pharma Reports 27% Revenue Growth in Q4FY25, Surpasses INR 10,000 Cr in Domestic Revenue for FY25

21 May 2025 · 21 May 2025, 06:13 pm

Summary

Mankind Pharma has announced its financial results for the fourth quarter and full year ended 31st March 2025. The company's revenue grew by 27% in Q4FY25 with adjusted EBITDA margins at ~23%. The domestic revenue surpassed INR 10,000 Cr in FY25. The company's performance was driven by continued outperformance in Chronic, strong growth in Consumer segment and BSV consolidation.

Key Highlights

  1. 1

    Revenue from Operations at INR 3,079 Cr, up by 27% YoY

  2. 2

    Domestic revenue at INR 2,544 Cr, up 18% YoY, Exports at INR 535 Cr, up 100% YoY

  3. 3

    Adjusted EBITDA margin of 23.1% down by 120 bps YoY and PAT margin of 13.9%

  4. 4

    Diluted EPS of INR 10.3 down by 12.5% YoY (FV Re.1)

  5. 5

    Revenue from Operations at INR 12,207 Cr, up by 19% YoY

  6. 6

    Domestic revenue at INR 10,675 Cr, up 13% YoY, Exports at INR 1,532 Cr, up 88% YoY

  7. 7

    Adjusted EBITDA margin of 25.9% up by 130 bps YoY and PAT margin of 16.4%

  8. 8

    Diluted EPS of INR 49.1, up by 3% YoY (FV Re.1)

  9. 9

    Market share has increased from 4.4% in Mar-24 to 4.8% as of Mar-25 on account of BSV acquisition

  10. 10

    Revenue growth of 100% YoY in Q4 FY25 in Exports

  11. 11

    Mankind (excl. BSV) has launched 1 product in Q4 FY25 and 5 products in FY25 taking the total launched products to 44 in US

Management Comments

M

Mr. Rajeev Juneja — Vice Chairman & Managing Director

Mankind’s revenue grew by 27% with adjusted EBITDA margins at ~23% in Q4 FY25 led by continued 1.3x outperformance in Chronic, strong growth in Consumer segment and BSV consolidation. In FY25, reported revenue growth was 19% with adj. EBITDA margin of ~26% This has been a transformative year at Mankind with several strategic initiatives to ensure higher productivity and outperform IPM as seen in the past. BSV integration is progressing well with key focus on R&D, improving MR productivity & scaling mandate brands across domestic & International business. During FY25, we’ve laid a strong foundation to deliver long-term sustainable growth led by four key pillars - steady base business, fast growing specialty chronic, high potential OTC business, and high entry barrier super specialty portfolio of BSV.”

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