Neuland Labs Q3FY26 Results: Revenue Growth with Earnings Call on Feb 9
Neuland Laboratories delivered mixed Q3FY26 results with revenue growth of 11.4% to Rs. 447.8 crore, while EBITDA margins compressed to 19.0% due to product mix challenges and higher operating expenses. The company has scheduled an earnings call for February 9, 2026 at 17:30 IST to discuss these results with stakeholders.

*this image is generated using AI for illustrative purposes only.
Neuland Laboratories reported mixed financial results for the quarter and nine months ended December 31, 2025, showing revenue growth but facing margin pressures due to product mix challenges and higher operating expenses. The company has scheduled an earnings call for February 9, 2026 at 17:30 IST to discuss these results.
Q3FY26 Financial Performance
The company's total income for Q3FY26 reached Rs. 447.8 crore, marking an 11.4% year-on-year increase from Rs. 401.9 crore in Q3FY25. However, profitability metrics showed a contrasting trend with EBITDA declining to Rs. 85.0 crore compared to Rs. 90.3 crore in the previous year.
| Metric | Q3FY26 | Q3FY25 | YoY Change |
|---|---|---|---|
| Total Income | Rs. 447.8 crore | Rs. 401.9 crore | +11.4% |
| EBITDA | Rs. 85.0 crore | Rs. 90.3 crore | -5.9% |
| EBITDA Margin | 19.0% | 22.5% | -350 bps |
| Profit After Tax | Rs. 40.4 crore | Rs. 101.4 crore | -60.2% |
| PBT Margin | 12.1% | 31.7% | -1960 bps |
Nine-Month Performance Highlights
For the nine-month period ending December 31, 2025, Neuland Laboratories demonstrated steady revenue growth with total income rising 8.9% to Rs. 1,264.5 crore from Rs. 1,160.9 crore in the corresponding period last year. EBITDA for 9MFY26 remained at Rs. 284.0 crore.
| Parameter | 9MFY26 | 9MFY25 | Change |
|---|---|---|---|
| Total Income | Rs. 1,264.5 crore | Rs. 1,160.9 crore | +8.9% |
| EBITDA | Rs. 284.0 crore | Rs. 284.5 crore | -0.2% |
| EBITDA Margin | 22.5% | 24.5% | -200 bps |
| PAT | Rs. 150.6 crore | Rs. 231.6 crore | -35% |
Management Commentary and Business Outlook
Sucheth Davuluri, Vice Chairman and CEO, noted that while revenues aligned with the company's annual outlook, the product mix within businesses and increased operating expenses impacted EBITDA margins. He emphasized continued business momentum driving long-term investments to capitalize on growth opportunities.
Saharsh Davuluri, Vice Chairman and Managing Director, highlighted increasing customer interest in the company's capabilities as a proven commercial NCE drug substance manufacturer and innovation partner. The investments are attracting both existing and new customers seeking specific niche capabilities.
Earnings Call Details
The company will conduct a one-hour earnings call at 17:30 IST on February 9, 2026, where management will discuss the company's performance and answer questions from participants. The transcript of the conference call will be uploaded on the company website in due course.
Operational Developments
The company reported several key operational metrics and developments including working capital days of sale improved to 145 days in Q3FY26 from 155 days in Q2FY26, primarily due to decreased receivables. The board approved R&D facility relocation to a leased 140,000 square feet facility at Genome Valley, with capital expenditure outflow of Rs. 254.0 crore during 9MFY26.
Historical Stock Returns for Neuland Laboratories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.60% | +4.82% | -4.27% | +8.46% | -4.10% | +718.91% |


































