Jubilant Ingrevia FY26 net profit rises 10.6% to ₹277.91 crore

3 min read     Updated on 28 May 2026, 08:40 AM
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Jubilant Ingrevia reported a 10.6% increase in FY26 net profit to ₹277.91 crore, with revenue rising to ₹4388 crore. The Board approved a final dividend of ₹2.5 per share, totaling ₹5 for the year. The company acquired Remidex Pharma and reduced net debt by 11% to ₹587 crore. Strategic targets include 3X revenue and 4X EBITDA by FY30, supported by a robust CDMO pipeline and projected capex of INR 400-500 crore for FY27.

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Jubilant Ingrevia Limited reported a consolidated net profit of ₹277.91 crore for the financial year ended March 31, 2026, an increase of 10.6% from ₹251.17 crore in the previous year. Revenue from operations for FY26 stood at ₹4388 crore, compared to ₹4177.61 crore in FY25. The Board of Directors, at its meeting held on May 26, 2026, approved the audited financial results and recommended a final dividend of ₹2.5 per equity share, amounting to ₹39.82 crore, subject to shareholder approval. This takes the total dividend for FY26 to ₹5 per share. The company has outlined a long-term growth strategy targeting 3X revenue and 4X EBITDA by FY30.

Financial Performance for FY26

The audited financial results for the year ended March 31, 2026, reflect growth in both top-line and bottom-line figures. The following table summarises the key financial metrics for the consolidated financial results:

Metric: FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations: 438807 417761
Total income: 442860 421543
Total expenses: 404563 387180
Net profit for the year: 27791 25117
Earnings per share (Basic): 17.59 15.89

Quarterly and Operational Highlights

For the quarter ended March 31, 2026 (Q4FY26), the company reported a consolidated net profit of ₹86.44 crore, up from ₹74.05 crore in the same quarter of the previous year. Revenue for Q4FY26 was ₹117.87 crore, compared to ₹105.13 crore in Q4FY25. EBITDA for the quarter stood at ₹16.30 crore, with a margin of 13.8%. The company's operating margin for the year was 8.92%, while the net profit margin was 6.28%.

Strategic Developments and Dividend

During the year, the company acquired a 100% stake in Remidex Pharma Private Limited for ₹16.28 crore to expand its presence in human nutrition and pharmaceutical manufacturing. The Board approved the audited financial results, which received an unmodified opinion from the statutory auditors, Walker Chandiok & Co LLP. The total dividend for FY26, including the interim dividend already paid, amounts to ₹5 per equity share.

Debt Position

As of March 31, 2026, the company's total gross debt stood at ₹777 crore, comprising long-term borrowings of ₹446 crore and short-term borrowings of ₹332 crore. Cash and equivalents were reported at ₹190 crore, resulting in a total net debt of ₹587 crore, representing a year-on-year decrease of 11%.

CDMO Pipeline and Growth Outlook

Jubilant Ingrevia has outlined a robust CDMO (Contract Development and Manufacturing Organisation) growth strategy, with strong volume growth recorded across various businesses, including new molecules. The company has identified over 100 opportunities worth INR 3,500 crore, with more than 20 confirmed molecules and 10+ molecules in advanced stages carrying a peak potential of INR 1,100 crore. The following table captures the key highlights of the CDMO pipeline and strategic targets:

Parameter: Details
Total CDMO Opportunities: Over 100, worth INR 3,500 crore
Confirmed Molecules: More than 20
Molecules in Advanced Stages: 10+, with peak potential of INR 1,100 crore
CDMO Revenue Ramp-up (Year 1): 20%-25% of peak revenue
CDMO Revenue Ramp-up (Year 2): 50%-60% of peak revenue
CDMO Revenue Ramp-up (Year 3): More than 80% of peak revenue
Projected Capex (FY27): INR 400 to INR 500 crore
EBITDA Growth Target (Annual): At least 20%
Long-term Revenue Target: 3X by FY30
Long-term EBITDA Target: 4X by FY30

New CDMO opportunities are forecasted to add 20%-25% of peak revenue in the first year, 50%-60% in the second year, and more than 80% by the third year. The company expects revenue and EBITDA to increase sequentially in Q1 FY27 and the following quarters, driven by growth in Specialty Chemicals, Nutrition, and Acetyls for the full FY27. Jubilant Ingrevia aims for at least 20% yearly EBITDA growth and projects capital expenditure of INR 400 to INR 500 crore for FY27, in line with its previous growth plans. The company's long-term ambition targets annual revenue growth of 20% to 25% with steady pricing.

Historical Stock Returns for Jubilant Ingrevia

1 Day5 Days1 Month6 Months1 Year5 Years
-0.48%+4.26%-11.72%-6.56%-10.84%+14.47%

How will the planned capital expenditure of ₹400-500 crore for FY27 be financed given the current net debt position?

What specific revenue contributions are expected from the Remidex Pharma acquisition in the upcoming fiscal year?

How will the company mitigate potential risks to achieve the aggressive 3X revenue and 4X EBITDA targets by FY30?

Jubilant Ingrevia recommends 250% dividend for FY26

1 min read     Updated on 28 May 2026, 04:59 AM
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Jubilant Ingrevia Limited has recommended a final dividend of 250%, or ₹2.50 per equity share, for FY26, subject to shareholder approval. The record date for dividend eligibility is fixed for July 24, 2026. Additionally, the Board approved the re-appointment of M/s J.K. Kabra & Co. as Cost Auditors for the financial year 2026-27.

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Jubilant Ingrevia Limited has recommended a final dividend of 250%, or ₹2.50 per equity share of Re. 1 each, for the financial year ended March 31, 2026. The Board of Directors approved the recommendation at its meeting held on May 26, 2026. If approved by shareholders, the dividend will be paid or dispatched within 30 days from the date of the Annual General Meeting (AGM).

The company has fixed Friday, July 24, 2026, as the record date for the purpose of determining shareholder eligibility for the final dividend payment. This decision was taken pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Re-appointment

The Board also approved the re-appointment of M/s J.K. Kabra & Co. as Cost Auditors of the company for FY 2026-27. The firm, registered with the Institute of Cost Accountants India (Registration no. 9, ICWA), was re-appointed on May 26, 2026.

The following table details the re-appointment:

S. No. Particulars Details
1 Name of Firm/Auditor M/s J.K. Kabra & Co., Cost Auditors
2 Reason for change Re-appointment of M/s J.K. Kabra & Co. as Cost Auditors of the Company for FY 2026-27
3 Date of Re-appointment and Terms of re-appointment May 26, 2026; Re-appointment for the financial year 2026-27
4 Disclosure of relationship between directors Not Applicable

M/s J.K. Kabra & Co. is a cost accounting firm with offices in Delhi, Surat, and Mumbai. The firm specializes in cost audit, costing systems, inventory valuation, stock audit, and internal audit.

Historical Stock Returns for Jubilant Ingrevia

1 Day5 Days1 Month6 Months1 Year5 Years
-0.48%+4.26%-11.72%-6.56%-10.84%+14.47%

How will the final dividend payout impact Jubilant Ingrevia's cash flow and capital allocation plans for FY 2026-27?

What are the expected market reactions to the dividend announcement, and how might it influence investor sentiment?

Will the re-appointment of M/s J.K. Kabra & Co. as Cost Auditors lead to any changes in the company's cost optimization strategies?

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1 Year Returns:-10.84%