Advanced Enzyme PAT Surges 69% to ₹453 Mn in Q4
Advanced Enzyme Technologies filed the transcript for its Q4FY26 earnings conference call, reporting record quarterly and annual revenue. Q4 revenue increased 22% YoY to ₹2,034 million, driven by growth across all segments, with PAT surging 69% to ₹453 million. Full-year FY26 revenue grew 17% to ₹7,458 million, and PAT increased 30% to ₹1,736 million, supported by strong EBITDA margins of 31%.

*this image is generated using AI for illustrative purposes only.
Advanced Enzyme Technologies Limited has filed the transcript of its earnings conference call held on May 12, 2026, with the stock exchanges. The call discussed the audited financial results for the quarter and year ended March 31, 2026. The audio recording is available on the company's website.
Consolidated Financial Performance
The company reported its highest-ever quarterly and annual revenue for the fiscal year ended March 2026. Revenue from operations for Q4 FY26 stood at ₹2,034 million, a growth of 22% year-on-year and 18% sequentially. For the full year FY26, revenue increased by 17% to ₹7,458 million.
Profitability metrics showed significant improvement. Profit after tax (PAT) for Q4 FY26 surged 69% year-on-year to ₹453 million, compared to ₹260 million in the corresponding quarter of the previous year. For the full year, PAT grew by 30% to ₹1,736 million. EBITDA for the quarter stood at ₹632 million, up 39% year-on-year, with margins remaining strong at 31%.
| Metric (₹ Mn) | Q4 FY26 | Q4 FY25 | Change (YoY %) | FY26 | FY25 | Change (%) |
|---|---|---|---|---|---|---|
| Revenue | 2,034 | 1,672 | +22% | 7,458 | 6,369 | +17% |
| EBITDA | 632 | 456 | +39% | 2,291 | 1,944 | +18% |
| PAT | 453 | 260 | +69% | 1,736 | 1,340 | +30% |
| EBITDA Margin (%) | 31% | 27% | — | 31% | 31% | — |
| PAT Margin (%) | 22% | 16% | — | 23% | 21% | — |
Segmental and Geographical Highlights
All four business segments delivered year-on-year growth. The Human Healthcare segment remained the largest contributor, accounting for 63% of total revenue with a 24% increase to ₹1,281 million. Animal Healthcare revenue grew 19% to ₹250 million, while Bio-Processing increased by 17% to ₹324 million. The Specialized Manufacturing segment grew 17% to ₹180 million.
Domestic sales accounted for 52% of total revenue in Q4 FY26, rising 51% year-on-year to ₹1,061 million. International sales stood at ₹973 million, with Asia (ex-India) recording 38% growth and the rest of the world reporting 44% growth.
Operational Updates
The company filed two food enzyme dossiers with the European Food Safety Authority (EFSA) and three with the US FDA during the year. Management anticipates approval for anti-inflammatory products filed in the European region during the current fiscal year. The new R&D center in Nashik is expected to become fully operational in the latter half of FY27.
Historical Stock Returns for Advanced Enzyme Tech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.34% | -3.77% | +24.31% | +18.03% | +28.95% | -22.24% |
How might the anticipated EFSA approval of Advanced Enzyme Technologies' anti-inflammatory products reshape its European market revenue mix and competitive positioning against established enzyme manufacturers?
Given the board's evaluation of buybacks and other shareholder value enhancement options, what capital allocation decision is likely to follow given the company's strong cash generation and upcoming R&D CapEx commitments of ₹130 crores?
With the Nashik R&D centre expected to become operational in H2 FY27 and R&D capacity set to triple in the first phase, which therapeutic or industrial enzyme categories are most likely to generate commercial pipeline breakthroughs in the next 2–3 years?

































