Innova Captab Limited has convened its 22nd Annual General Meeting on Monday, June 29, 2026, at 11:00 AM IST, to be held through Video Conferencing and Other Audio-Visual Means in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. The company has simultaneously submitted its Integrated Annual Report for the financial year ended March 31, 2026, pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The annual report, comprising standalone and consolidated financial statements, Directors' Report, Independent Auditors' Report, and other statutory documents, has been dispatched via email to shareholders with registered email addresses. The Integrated Annual Report is also available on the company's website.

Key AGM Details

The following table summarises the important dates and timelines for the 22nd AGM:

The AGM agenda includes adoption of audited standalone and consolidated financial statements for FY2025-26, re-appointment of Mr. Jayant Vasudeo Rao as Whole-Time Director who retires by rotation, and re-appointment of M/s. B S R & Co. LLP as Statutory Auditors for a second term of five consecutive years from FY2026-27 to FY2030-31. Special business includes ratification of remuneration of ₹80,000 payable to M/s. Gurvinder Chopra & Co. as Cost Auditors for FY2027, and re-appointments of Mr. Manoj Kumar Lohariwala as Whole-Time Director and Mr. Vinay Lohariwala as Managing Director, each for a fresh term of five years from March 18, 2027 to March 17, 2032, at an annual remuneration of ₹25,000,000 each. The AGM also seeks approval for re-appointment of four Non-Executive Independent Directors — Mr. Sudhir Kumar Bassi, Ms. Priyanka Dixit, Mr. Mahendar Korthiwada, and Mr. Shirish Gundopant Belapure — each for a second term of five consecutive years from April 1, 2027 to March 31, 2032.

FY2025-26 Financial Performance

Innova Captab delivered strong consolidated financial results for FY2025-26. The following table presents key consolidated financial metrics:

On a standalone basis, revenue from operations increased 35.6% to ₹12,988.14 million in FY2026 from ₹9,580.61 million in FY2025. Standalone EBITDA increased to ₹1,646.10 million from ₹1,390.74 million, a growth of 18.4%. Standalone profit for FY2026 stood at ₹836.92 million, a decline of 6.46% from ₹894.70 million in FY2025, primarily impacted by fixed costs of the Kathua, Jammu facility. The company's market capitalisation as on March 31, 2026 stood at ₹3,948 crore. An interim dividend of ₹2 per share was declared and paid during the year.

Business Segment Performance

The company restructured its operations into two consolidated business areas — CDMO Services & Products and Branded Generics. The following table highlights segment-wise revenue performance:

The CDMO business contributed approximately 70% to total revenue, serving over 350 clients across 60+ countries with a portfolio of 4,200+ products. The Branded Generics business is supported by a domestic distribution network of over 2,50,000 touchpoints. Export contribution stood at 31.3% of total revenue in FY2026. Key return ratios for FY2026 included ROCE of 14.5% and ROE of 12.9%.

Operational and Strategic Highlights

The company's greenfield facility at Kathua, Jammu commenced operations effective January 14, 2025 and operated for the full year in FY2026. The facility received WHO-GMP, Good Laboratory Practices, and GMP certificates from the State Drugs Controller, Jammu & Kashmir, as well as PIC/S (SMDC, Ukraine) certification. The Baddi facility received GMP compliance certification from the UK-MHRA. R&D investment for FY2026 stood at ₹7.00 crore, up from ₹6.55 crore in FY2025 and ₹5.70 crore in FY2024, supported by a team of 60+ scientists and engineers. The company's revenue from operations has grown from ₹800.53 crore in FY2022 to ₹1,630.02 crore in FY2026, reflecting a CAGR of ~19.4%, while EBITDA grew at a CAGR of ~26.1% and PAT at ~21.8% over the same period. As on March 31, 2026, the company employed 2,298 permanent employees on a standalone basis and 3,387 on a group level.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0DUT01020/a06cb9d363c54e6c.pdf

Innova Captab Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, detailing its environmental, social, and governance (ESG) performance. The filing, made to BSE Limited and National Stock Exchange of India Limited, highlights a significant increase in export contribution, which rose to 23% of total turnover, amounting to ₹2,976.77 million, compared to ₹1,481.98 million (16%) in the previous year.

The company reported a total turnover of ₹12,988.14 million and a net worth of ₹8,866.54 million for the reporting period. Its Corporate Social Responsibility (CSR) expenditure for the year stood at ₹20.83 million. The report notes that the Kathua, Jammu facility became operational on 14 January 2025 and operated for the full year in FY 2026, resulting in higher figures across relevant operational parameters compared to the previous year.

Operational and Financial Metrics

Innova Captab's operations are primarily focused on the manufacturing of pharmaceuticals, which accounted for 100% of its turnover. The company serves a global market, exporting to 29 countries, while its domestic reach spans PAN India. As of the end of the financial year, the company employed 1,105 permanent employees and 1,193 permanent workers across three national plants and two offices.

Sustainability and Governance Commitments

The company has established specific environmental targets, including achieving net zero by 2040, water neutrality by 2030, and reducing Scope 1 and Scope 2 GHG emissions by 40% and 25% respectively by 2035. Governance oversight is led by Jayant Vasudeo Rao, Whole-Time Director, who is responsible for sustainability-related decisions. The Board has approved comprehensive policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

Environmental Performance

The report details the company's energy and water consumption, as well as waste management metrics. Total energy consumed increased to 207,825,995 Mega Joules in FY 2026 from 115,250,856 Mega Joules in FY 2025, driven by the expanded operations. Water withdrawal totaled 208,771 kiloliters, and the company generated 52.90 metric tonnes of waste. Innova Captab confirmed compliance with all applicable environmental laws and regulations, reporting no major non-compliances for FY 2026.