JB Chemicals & Pharma Reports Robust Q1 FY26 Performance with 9% Revenue Growth
JB Chemicals and Pharmaceuticals reported robust Q1 FY26 results with revenue increasing 9% to ₹1,094.00 crore. Operating EBITDA grew 13% to ₹330.00 crore, and net profit rose 14% to ₹202.00 crore. The domestic formulations business saw 14% growth, while the international business grew 2%. The company maintained its position as the fastest-growing among the top 25 pharmaceutical firms in India. JB Pharma also entered into a share purchase agreement with Torrent Pharmaceuticals, potentially leading to a merger.

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J B Chemicals and Pharmaceuticals (JB Pharma), one of India's fastest-growing pharmaceutical companies, has reported strong financial results for the first quarter of fiscal year 2026 (Q1 FY26). The company's performance was marked by significant growth in revenue, profitability, and operational efficiency.
Financial Highlights
- Revenue from operations increased by 9% to ₹1,094.00 crore, up from ₹1,004.00 crore in Q1 FY25.
- Operating EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 13% to ₹330.00 crore, compared to ₹292.00 crore in the same quarter last year.
- Net profit rose by 14% to ₹202.00 crore, versus ₹177.00 crore in Q1 FY25.
- Operating EBITDA margin improved to 30.2%, up from 29.0% in the corresponding quarter of the previous year.
Segment Performance
Domestic Formulations
The domestic formulations business was a key driver of growth, recording a 14% year-on-year increase in revenue to ₹678.00 crore. This segment benefited from strong performance in both acute and chronic portfolios, including the ophthalmology division.
International Business
The international business reported a marginal 2% growth, with revenue reaching ₹416.00 crore. While the overall international formulations business saw a slight decline, the Contract Development and Manufacturing Organization (CDMO) segment registered an 8% growth.
Key Product Performances
- The Razel franchise crossed the ₹100.00 crore mark in MAT June'25, up from ₹69.00 crore in MAT June'23.
- Azmarda sales reached ₹75.00 crore in MAT June'25, compared to ₹69.00 crore in MAT June'24.
Market Position and Growth
JB Pharma continues to outperform the Indian Pharmaceutical Market (IPM), maintaining its position as the fastest-growing company among the top 25 pharmaceutical firms in India. According to IQVIA data for MAT June'25, JB Pharma grew at 13% compared to the IPM growth of 8%.
Management Commentary
Nikhil Chopra, CEO and Whole-time Director of JB Pharma, commented on the results: "JB continues to be the fastest growing domestic pharma company amongst top 25 organizations as per IQVIA MAT Jun'25 data. The domestic business recorded approx. 14% value growth. This was driven by acute and chronic segments, including our ophthalmology portfolio. Our major brands & their franchises are also performing well. The CDMO business momentum is likely to sustain in coming quarters."
He further added, "Our Operating EBITDA margins crossed 30% for the first time, which highlights the results of our strategy of focusing on profitable growth. Going forward, we will maintain focus on driving topline growth, cost optimization and organizational efficiencies."
Future Outlook
The management expressed confidence in the company's future performance, with expectations of continued growth driven by the domestic and CDMO segments. JB Pharma aims to maintain its focus on topline growth, cost optimization, and organizational efficiencies to sustain its growth trajectory.
Corporate Development
On June 29, 2025, JB Pharma entered into a share purchase agreement with Torrent Pharmaceuticals Limited and Tau Investment Holdings Pte. Ltd. This agreement involves Torrent acquiring a significant stake in JB Pharma, subject to regulatory approvals. Additionally, the boards of both companies have approved a scheme of amalgamation, which would result in JB Pharma being merged into Torrent Pharmaceuticals.
JB Chemicals & Pharmaceuticals Limited continues to demonstrate strong performance and strategic growth initiatives, positioning itself as a key player in the Indian pharmaceutical industry.
Historical Stock Returns for J B Chemicals and Pharmaceuticals
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-1.77% | +1.76% | +5.61% | -2.30% | -9.13% | +376.36% |