FDC FY26 profit rises 5.5% to ₹281 crore, Q4 surges 167%
FDC Limited reported a 5.5% rise in FY26 net profit to ₹281 crore, with Q4 profit surging 167.4% to ₹103 crore. Revenue for Q4 grew 18.9% to ₹585 crore, driven by strong performance across Domestic Formulations, Export Formulations, and API segments. The US business showed significant recovery, and the company received U.S. FDA approval for Fluconazole Tablets during the quarter.

*this image is generated using AI for illustrative purposes only.
FDC Limited reported a 5.5% year-on-year increase in consolidated net profit to ₹281 crore for the financial year ended March 31, 2026. The board approved the audited standalone and consolidated financial results at a meeting held on May 27, 2026. M/s. BSR & Co. LLP, the Statutory Auditors, issued an unmodified opinion on the results. For the quarter ended March 31, 2026, consolidated net profit surged 167.4% to ₹103 crore, driven by robust revenue growth and enhanced operational efficiencies.
Q4 and Annual Performance
Q4 FY26 revenue from operations stood at ₹585 crore, a robust increase of 18.9% compared to ₹492 crore in the corresponding quarter of the previous year. For the full year, revenue from operations increased to ₹2,171 crore from ₹2,108 crore in FY25. EBITDA for Q4 FY26 stood at ₹106 crore, with margins expanding to 18.2% from 11.0% in the prior year. FY26 EBITDA margin improved to 15.9% from 15.4% year-on-year, driven by higher gross margins.
The following table summarizes FDC's key consolidated financial metrics for Q4 and FY26:
| Metric | Q4 FY26 (₹ in crore) | Q4 FY25 (₹ in crore) | FY26 (₹ in crore) | FY25 (₹ in crore) |
|---|---|---|---|---|
| Revenue from operations | 585 | 492 | 2,171 | 2,108 |
| Net profit | 103 | 39 | 281 | 267 |
| Basic EPS (₹) | 6.35 | 2.38 | 17.29 | 16.39 |
Operational Highlights
All three business segments achieved healthy growth during the quarter. Domestic Formulations business grew by 8.5%, Export Formulations business grew by 99.3%, and the API business grew by 38.6%. The US business overcame earlier challenges to deliver strong performance, with revenue from supplies standing at ₹71 crore, reflecting a year-on-year growth of 165.1%. Overall US business revenue grew 46.9% year-on-year, supported by improved profit share from US partners.
Business Segment Performance
Domestic Formulations revenue stood at ₹452 crore in Q4 FY26. For FY26, sales were ₹1,781 crore, displaying a muted growth of 0.1% compared to the corresponding period last year due to subdued performance in top brands like Zifi, Electral, and Enerzal. Export Formulations sales stood at ₹89 crore in Q4 FY26. During the quarter, the company received U.S. FDA approval for Fluconazole Tablets USP 50mg, 100mg, 150mg, and 200mg. API business registered sales of ₹42 crore in Q4 FY26, up by 38.6% year-on-year, and recorded sales of ₹121 crore for FY26.
Historical Stock Returns for FDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.88% | -11.30% | +2.46% | -7.99% | -12.93% | +13.09% |
Can the 99.3% surge in Export Formulations be sustained in the coming quarters?
What strategies are in place to revive growth in key domestic brands like Zifi and Electral?
How will the recent U.S. FDA approval for Fluconazole Tablets impact future US revenue?


































