FDC Announces ₹5 Interim Dividend; Q3FY26 Revenue Flat at ₹465Cr, EBITDA Up 12.1%
FDC Limited announced Q3FY26 results with revenue flat at ₹465 crores but EBITDA growing 12.1% to ₹52 crores. The company declared interim dividend of ₹5 per share for FY26 with record date February 11, 2026, while recognizing exceptional expenses of ₹2,079 lakhs due to New Labour Codes implementation.

*this image is generated using AI for illustrative purposes only.
FDC Limited announced its Q3FY26 financial results alongside declaring an interim dividend of ₹5 per equity share for FY2025-26. The Board of Directors approved these decisions at their meeting held on February 5, 2026, with the record date for dividend payment set as February 11, 2026.
Financial Performance Overview
The company reported revenue from operations of ₹465 crores for Q3FY26, registering marginal growth of 0.1% year-over-year compared to ₹464 crores in Q3FY25. Despite flat revenue performance, FDC demonstrated operational efficiency improvements with enhanced profitability metrics.
| Financial Metric | Q3FY26 | Q3FY25 | YoY Growth | 9MFY26 | 9MFY25 | YoY Growth |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹465 crores | ₹464 crores | 0.1% | ₹1,586 crores | ₹1,616 crores | -1.9% |
| EBITDA | ₹52 crores | ₹47 crores | 12.1% | ₹226 crores | ₹269 crores | -15.8% |
| EBITDA Margin | 11.2% | 10.1% | +110 bps | 14.3% | 16.6% | -230 bps |
| PBT (before exceptional items) | ₹57 crores | ₹51 crores | 11.7% | ₹255 crores | ₹304 crores | -16.1% |
| PAT | ₹28 crores | ₹37 crores | -23.6% | ₹178 crores | ₹228 crores | -22.0% |
| EPS | ₹1.74 | ₹2.28 | -23.6% | ₹10.93 | ₹14.02 | -22.0% |
Dividend Declaration and Corporate Actions
The Board approved an interim dividend of ₹5 per equity share of face value ₹1 each for FY2025-26, maintaining consistency with the previous year's interim dividend of ₹5 per share declared in November 2024. The record date for dividend eligibility has been fixed as Wednesday, February 11, 2026.
Exceptional Items Impact
The company recognized exceptional expenses of ₹2,079 lakhs during Q3FY26 due to the implementation of New Labour Codes effective November 21, 2025. This one-time impact relates to incremental employee benefit obligations arising from changes in wage definitions under the new regulatory framework.
Business Segment Performance
FDC's revenue performance varied across different business segments, with export formulations showing strong growth while domestic formulations faced headwinds.
| Business Segment | Q3FY26 Revenue | YoY Growth | 9MFY26 Revenue | YoY Growth |
|---|---|---|---|---|
| Domestic Formulations | ₹369 crores | -5.2% | ₹1,329 crores | -2.5% |
| Export Formulations (US) | ₹25 crores | 199.1% | ₹55 crores | 2.1% |
| Export Formulations (Non-US) | ₹46 crores | 23.2% | ₹117 crores | 4.2% |
| APIs | ₹23 crores | -17.0% | ₹79 crores | -3.2% |
Export Formulations delivered robust performance with ₹71 crores in sales, registering impressive growth of 55.0% year-over-year. The US business showed steady recovery with revenue from supplies reaching ₹43 crores during 9MFY26, reflecting 82.8% year-over-year growth driven by improved execution and demand momentum.
Historical Stock Returns for FDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.23% | -4.03% | -1.43% | -23.25% | -9.80% | +29.07% |


































