Natco Pharma Reports Q3FY26 Results with ₹705.4 Crore Revenue and ₹151.3 Crore Net Profit
Natco Pharma reported Q3FY26 consolidated revenue of ₹705.4 crore, up from ₹651.1 crore in Q3FY25, with net profit of ₹151.3 crore and EBITDA margins at 30.7%. The Board declared a third interim dividend of ₹1.50 per share and approved key appointments including a new CFO. The company plans to establish a subsidiary in Chile and completed acquisition of 35.75% stake in South Africa's Adcock Ingram Holdings.

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Natco Pharma announced its unaudited consolidated financial results for the quarter ended December 31, 2025, demonstrating steady performance with revenue growth and sustained profitability. The pharmaceutical company reported consolidated total revenue of ₹705.4 crore for Q3FY26, marking an increase from ₹651.1 crore recorded in the corresponding quarter of the previous year.
Financial Performance Highlights
The company's financial metrics for Q3FY26 showed robust operational performance across key parameters:
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Total Income | ₹7,054 million | ₹6,511 million | +8.3% |
| Revenue from Operations | ₹6,473 million | ₹4,748 million | +36.3% |
| Net Profit | ₹1,513 million | ₹1,324 million | +14.3% |
| EBITDA Margin | 30.7% | - | - |
| Basic EPS | ₹8.46 | ₹7.43 | +13.9% |
For the nine months ended December 31, 2025, the company reported total income of ₹35,590 million compared to ₹34,967 million in the corresponding period last year. Net profit for the nine-month period stood at ₹11,495 million against ₹14,774 million in the previous year.
Segment-wise Revenue Performance
The company's business segments showed varied performance during Q3FY26:
| Business Segment | Q3FY26 (₹ Crore) | Q2FY26 (₹ Crore) | Q3FY25 (₹ Crore) |
|---|---|---|---|
| Active Pharmaceutical Ingredients | 64.3 | 53.9 | 66.6 |
| Domestic Formulations | 119.8 | 105.4 | 96.1 |
| Formulations Export | 421.4 | 1,147.0 | 285.8 |
| Crop Health Sciences | 28.5 | 52.4 | 15.1 |
| Other Income | 71.3 | 104.3 | 187.5 |
The pharmaceuticals segment contributed ₹6,189 million to revenue, while agro chemicals generated ₹284 million during the quarter.
Board Decisions and Corporate Actions
The Board of Directors approved several significant decisions during their meeting held on February 12, 2026:
Dividend Declaration:
- Third interim dividend of ₹1.50 per equity share (75%) for FY2025-26
- Record date: February 18, 2026
- Payment date: February 26, 2026
Key Appointments:
- Mr. Amit Parekh appointed as Chief Financial Officer effective February 13, 2026
- Mr. Kalakuntla Srinivas Rao appointed as Executive Vice President – Pharma Division
- Superannuation of Mr. S. V. V. N. Appa Rao as CFO effective February 12, 2026
Strategic Developments
The company announced plans to incorporate a wholly owned subsidiary in Chile named NATCO Pharma Chile SPA with an investment of up to US$ 3,00,000. Additionally, the Board approved the re-constitution of the Environmental, Social and Governance Committee and Risk Management Committee effective February 13, 2026.
Associate Company Performance
Natco Pharma's associate company, Adcock Ingram Holdings Limited in South Africa, contributed ₹109 million as share of profit during the quarter. The acquisition of 35.75% stake in Adcock Ingram was completed on November 11, 2025, for a total consideration of ZAR 3,873 million (USD 225 million).
Re-appointments and Governance
The Board recommended re-appointment of key directors for one-year terms effective April 1, 2026:
- Sri Venkaiah Chowdary Nannapaneni as Chairman & Managing Director
- Sri Rajeev Nannapaneni as Vice Chairman & Chief Executive Officer
- Sri Potluri Sivaramakrishna Prasad as Director and Executive Vice President
- Dr. Donthineni Linga Rao as Director & President (Technical Affairs)
These re-appointments are subject to shareholder approval through postal ballot.
Historical Stock Returns for Natco Pharma
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.29% | -0.15% | -5.66% | -6.66% | -32.40% | -5.24% |


































