Venus Remedies FY26 net profit surges 89% to ₹102.78 crore

2 min read     Updated on 29 May 2026, 10:00 AM
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AI Summary

Venus Remedies reported a consolidated net profit of ₹102.78 crore for FY26, a significant rise from ₹45.31 crore in FY25, with revenue growing to ₹769.60 crore. The board recommended a ₹10 per share dividend and approved several director appointments and auditor changes.

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Venus Remedies reported a consolidated net profit of ₹102.78 crore for the financial year ended March 31, 2026, marking a substantial increase from ₹45.31 crore in the prior year. Revenue from operations for the period stood at ₹769.60 crore, compared to ₹652.89 crore in FY25, while total income increased to ₹782.18 crore from ₹668.84 crore. The company's board has recommended a final dividend of ₹10 per equity share, subject to shareholder approval at the upcoming Annual General Meeting scheduled for August 20, 2026.

The standalone financial results for FY26 reflected a similar upward trajectory, with net profit reaching ₹99.31 crore, up from ₹52.55 crore in the previous year. Standalone revenue from operations grew to ₹768.73 crore from ₹644.47 crore. The statutory auditors, J.K. Jain & Associates, issued an unmodified opinion on both the standalone and consolidated financial results, confirming compliance with Indian Accounting Standards and SEBI Listing Regulations.

Annual Financial Performance

The following table outlines the consolidated financial performance for the year ended March 31, 2026, compared to the previous year:

Particulars: Year Ended 31/03/2026 (₹ In Crore) Year Ended 31/03/2025 (₹ In Crore)
Revenue from Operations 769.60 652.89
Total Income 782.18 668.84
Total Expenses 648.02 606.93
Profit Before Tax 134.16 61.91
Net Profit 102.78 45.31
EBITDA 159.86 84.48
Basic EPS (₹) 76.89 33.89

Q4 Quarterly Performance

Venus Remedies delivered a strong quarterly performance, with consolidated net profit more than doubling to ₹47.49 crore in Q4 compared to ₹21.00 crore in the same period of the previous year. Revenue for the quarter rose to ₹259.40 crore from ₹197.66 crore year-on-year, reflecting robust top-line growth. EBITDA for the quarter expanded significantly to ₹68.37 crore from ₹35.77 crore, while EBITDA margin improved sharply to 25.86% from 18.10% in the year-ago period.

Metric: Q4 Current Year (₹ In Crore) Q4 Previous Year (₹ In Crore)
Net Profit 47.49 21.00
Revenue 259.40 197.66
EBITDA 68.37 35.77
EBITDA Margin 25.86% 18.10%

Corporate Governance and Appointments

The board approved the re-appointment of Dr. (Mrs.) Manu Chaudhary as Joint Managing Director for a period of five years effective from October 1, 2026, and Dr. (Mrs.) Savita Gupta as Non-Executive Independent Director for a second term of five years effective from December 29, 2026. Additionally, Mr. Saransh Chaudhary was appointed as an Additional Director (Whole Time Director) and Dr. Gurminder Singh Bedi as an Additional Director (Non-Executive Independent Director), both for five years starting May 26, 2026. All appointments are subject to shareholder approval.

The board also appointed M/s C. L. Bansal & Associates as Cost Auditors and M/s Mehra Goel & Co as Internal Auditors for FY 2026-27. Furthermore, the company proposed adopting new Memorandum and Articles of Association to align with the Companies Act, 2013, pending shareholder approval. The trading window for designated persons remains closed until 48 hours after the declaration of financial results.

Historical Stock Returns for Venus Remedies

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+22.79%+36.57%+77.95%+217.91%+293.50%

What specific factors drove the significant expansion in EBITDA margins during Q4, and is this level of profitability sustainable?

How does Venus Remedies plan to allocate capital following the surge in net profit, and will the dividend payout ratio increase in the future?

What are the primary growth drivers expected to sustain revenue momentum in FY27, given the strong performance in FY26?

Venus Remedies Receives Saudi FDA Approval for Plerixafor in First Global Marketing Authorization for Specialty Cancer Treatment

0 min read     Updated on 22 May 2026, 12:11 PM
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Reviewed by
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AI Summary

Venus Remedies has received marketing approval from the Saudi Food and Drug Authority (Saudi FDA) for Plerixafor, a specialty cancer treatment. This approval marks the company's first global marketing authorization for this product. The regulatory clearance enables Venus Remedies to commercialize Plerixafor in the Saudi Arabian market and represents a significant milestone in its oncology portfolio.

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Venus Remedies has secured approval from the Saudi Food and Drug Authority (Saudi FDA) for Plerixafor, a specialty cancer treatment. This regulatory clearance marks the company's first global marketing authorization for this product, representing a notable milestone in its oncology portfolio.

Regulatory Milestone in Oncology

The Saudi FDA approval for Plerixafor underscores Venus Remedies' expanding presence in the specialty pharmaceutical segment. Plerixafor is recognized as a specialty cancer treatment, and this authorization from the Saudi FDA constitutes the company's first global marketing approval for the drug.

Parameter: Details
Approved Product: Plerixafor
Approving Authority: Saudi Food and Drug Authority (Saudi FDA)
Therapeutic Category: Specialty Cancer Treatment
Significance: First Global Marketing Authorization for this product

Significance of the Approval

Obtaining a marketing authorization from the Saudi FDA is a key regulatory achievement for Venus Remedies, enabling the company to commercialize Plerixafor in the Saudi Arabian market. This first global marketing authorization for Plerixafor highlights the company's efforts to expand its specialty oncology offerings across international markets.

Historical Stock Returns for Venus Remedies

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+22.79%+36.57%+77.95%+217.91%+293.50%

Which other international markets is Venus Remedies targeting for Plerixafor regulatory approvals following this Saudi FDA clearance?

How might this Saudi FDA approval impact Venus Remedies' revenue projections and market share in the Middle East oncology segment?

Will Venus Remedies pursue marketing authorizations for Plerixafor in other Gulf Cooperation Council (GCC) countries as a next step?

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1 Year Returns:+217.91%