MARKSANS PHARMA LTD.
P&L
Quarterly Consolidated
vs Q1 FY26
Marksans Pharma Reports Record Q2 FY26 Performance with Highest-Ever Quarterly Revenue of X720 Cr and 44% QoQ Growth in EBITDA
13 Nov 2025 · 13 Nov 2025, 07:53 pm
Summary
Marksans Pharma Ltd has reported the financial results for the quarter and half-year ended on September 30, 2025. The company has reported a record quarterly revenue of X720 Cr, a 12.2% YoY increase. The EBITDA stood at Rs. 144.5 cr., with a margin of 20.1%. The PAT grew 70% quarter-on-quarter. The US region recorded solid growth, demonstrating resilience amid macro challenges. The UK market also witnessed improved demand. The company remains optimistic about sustaining this momentum into the second half of the year.
Key Highlights
- 1
Operating revenue stood at Rs. 720.4 cr., up by 12.2% YoY
- 2
Gross profit stood at Rs. 411.8 cr., up by 7.4% YoY
- 3
EBITDA stood at Rs. 144.5 cr., with a margin of 20.1%
- 4
EPS was at Rs. 2.2
- 5
US & North America Formulation business reported revenues of Rs. 387.3 cr. in Q2FY26
- 6
Revenues from the UK & Europe Formulation business in Q2FY26 stood at Rs. 245.3 cr.
- 7
Australia and New Zealand businesses reported revenues of Rs. 61.3 cr. in Q2FY26
- 8
RoW business reported revenues of Rs. 26.5 cr. in Q2FY26
- 9
Cash generated from operations at X 75.2 cr during H1FY26
- 10
Capex of X73.2 cr incurred during H1FY26
- 11
Working capital cycle ~150 days for Q2FY26
- 12
Research & development (R&D) spends at X 26.2 cr in H1FY26, 2.0% of consolidated revenue
Management Comments
Mark Saldanha
Q2FY26 has been a strong quarter for us, with revenues growing 16% sequentially, driven by robust demand across our key markets. The US region recorded solid growth, demonstrating resilience amid macro challenges, supported by stabilizing tariff conditions, timely order book execution, and meaningful traction from new product launches. The UK market also witnessed improved demand and delivered stable results despite continued pricing pressures. Our EBITDA and PAT grew 44% and 70% quarter-on-quarter, reflecting the benefits of operating leverage. Looking ahead, we remain optimistic about sustaining this momentum into the second half of the year. Our strategic focus and operational discipline position us well to deliver resilient growth and long-term value for our stakeholders.
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