Corona Remedies Q2FY26 Results: Revenue Grows 15.1% with Earnings Call on Jan 5

2 min read     Updated on 02 Jan 2026, 07:14 PM
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Reviewed by
Shriram SScanX News Team
Overview

Corona Remedies delivered robust Q2FY26 performance with revenue growth of 15.1% to ₹361.13 crores and profit after tax surge of 21.8% to ₹52.32 crores. The company maintained strong profitability metrics with EBITDA margin at 21.7% and announced an earnings call scheduled for January 5, 2026 at 12:00 PM IST to discuss financial results and business developments.

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Corona Remedies Limited has filed its unaudited financial results for the second quarter and half-year ended September 30, 2025, with stock exchanges under Regulation 33 of SEBI Listing Regulations. The Board of Directors approved these results at their meeting held on January 2, 2026, demonstrating strong operational performance across key financial metrics.

Strong Q2FY26 Financial Performance

The pharmaceutical company delivered impressive consolidated results for Q2FY26, with revenue from operations reaching ₹361.13 crores, representing robust 15.1% year-on-year growth. Net profit after tax surged 21.8% to ₹52.32 crores, showcasing the company's operational efficiency.

Metric Q2FY26 Q2FY25 Growth (%)
Revenue from Operations ₹361.13 cr ₹313.87 cr +15.1%
EBITDA ₹78.47 cr ₹66.50 cr +18.0%
EBITDA Margin 21.70% 21.18% +52 bps
Net Profit After Tax ₹52.32 cr ₹42.97 cr +21.8%
Profit After Tax Margin 14.50% - -

Half-Year Performance Highlights

For the half-year period H1FY26, Corona Remedies maintained strong momentum with revenue from operations growing 17.0% year-on-year to ₹707.67 crores. Profit after tax increased significantly by 35.1% to ₹98.52 crores, reflecting improved operational leverage.

Parameter H1FY26 H1FY25 Growth (%)
Revenue from Operations ₹707.67 cr ₹605.04 cr +17.0%
EBITDA ₹148.25 cr - -
EBITDA Margin 20.90% - -
Net Profit After Tax ₹98.52 cr ₹72.92 cr +35.1%
Profit After Tax Margin 13.90% - -

Key Financial Ratios and Metrics

Corona Remedies demonstrated strong return ratios for H1FY26 with annualized Return on Equity at 31.1% and Return on Capital Employed at 49.7%. The company maintained efficient working capital management with net working capital days at 23 days and operating cash flow to EBITDA ratio at 76.5%.

Financial Metric H1FY26
Return on Equity (Annualized) 31.10%
Return on Capital Employed (Annualized) 49.70%
OCF to EBITDA 76.50%
Net Working Capital Days 23 Days

Management Commentary and Outlook

Commenting on the results, Mr. Nirav K. Mehta, Managing Director and CEO, highlighted the company's outperformance against Indian Pharmaceutical Market growth. He emphasized the consistency of strategy, disciplined execution, and focus on core therapeutic segments including strengthening field force, expanding brand portfolio, and maintaining focus on specialist prescriptions.

Earnings Call Announcement

Corona Remedies will conduct an earnings call on January 5, 2026, at 12:00 PM IST to discuss the financial and business performance for Q2FY26. The company has provided multiple dial-in numbers for domestic and international participants.

Earnings Call Details Information
Date & Time January 5, 2026 at 12:00 PM IST
Universal Dial-In +91-22-6280 1366 / +91-22-7115 8267
USA 1 866 746 2133
UK 0 808 101 1573
Singapore 800 101 2045

Company Profile and Operations

Founded in 2004, Corona Remedies operates WHO-GMP and EU GMP-certified manufacturing facilities with two DSIR-approved R&D centers employing over 4,500 people. The company focuses on multiple therapeutic areas including women's healthcare, cardio-diabeto, pain management, and urology. Corona Remedies completed its Initial Public Offering and listed on NSE and BSE on December 15, 2025.

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Corona Remedies Limited Updates CIN Following Stock Exchange Listing

1 min read     Updated on 01 Jan 2026, 07:33 PM
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Reviewed by
Radhika SScanX News Team
Overview

Corona Remedies Limited has changed its Corporate Identification Number from U24231GJ2004PLC044656 to L24231GJ2004PLC044656 following the listing of its equity shares on BSE and NSE. The Gujarat-based pharmaceutical company, incorporated in 2004, has authorized capital of ₹61.17 crores and paid-up capital of ₹61.16 crores, maintaining active compliance status with regular corporate governance practices.

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Corona Remedies Limited has announced a change in its Corporate Identification Number (CIN) following the successful listing of its equity shares on recognized stock exchanges. The pharmaceutical company informed both BSE Limited and National Stock Exchange of India Limited about this regulatory update on January 1, 2026.

CIN Modification Details

The company's CIN has been updated from U24231GJ2004PLC044656 to L24231GJ2004PLC044656, reflecting its new status as a listed entity. This change occurred pursuant to the listing of the company's equity shares on both BSE Limited and National Stock Exchange of India Limited.

Parameter: Details
Previous CIN: U24231GJ2004PLC044656
Updated CIN: L24231GJ2004PLC044656
Stock Exchanges: BSE Limited & NSE Limited
BSE Scrip Code: 544644
NSE Script Code: CORONA

Company Profile and Registration

Corona Remedies Limited was incorporated on August 27, 2004, and is registered under the Registrar of Companies (ROC) Ahmedabad with registration number 044656. The company operates as a public, non-government entity limited by shares and maintains active compliance status.

The company's registered address is located at Corona House, C-Mondeal Business Park, Near Gurudwara, S. G. Highway, Thaltej, Ahmedabad, Daskroi, Gujarat, with postal code 380059.

Financial Structure

The company's capital structure demonstrates substantial financial foundation with significant authorized and paid-up capital amounts.

Financial Metric: Amount (₹)
Authorized Capital: 61,17,00,880
Paid-up Capital: 61,16,00,880

Corporate Governance

Corona Remedies Limited maintains regular corporate governance practices with its most recent Annual General Meeting held on June 26, 2025, and balance sheet dated March 31, 2025. The company secretary and compliance officer, Chetna Dharajiya, signed the official communication regarding the CIN change.

The notification was accompanied by master data from the Ministry of Corporate Affairs website confirming the updated corporate identification details and the company's active status in regulatory records.

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