Divi's Laboratories

“I would like to stick to my statement saying that we will show double-digit growth no matter what.”

“We would say, if you want to look at a revenue projection, we are looking at double-digit growth.”

“And frankly speaking, if I'm looking at EBITDA margin, it would be the similar as last year.”

“Likewise, the three major capex programmes are nearing completion and validations are going on.”

“As we look ahead, we are actively expanding in both capabilities and capacities to meet the demand of a rapidly evolving global market.”

“But the eventual long-term plan is to qualify Kakinada with all regulatory clearances and start qualifying that plant too.”

“On the manufacturing front, Unit 3 continues to assume a large role within our production network.”

“where we need additional capacity and quickly to enhance and utilize existing regulatory approved plant, we are moving a certain amount of chemistry, pre-chemistry works to Kakinada.”

“Alongside capacity expansion in both solid-phase and liquid-phase peptide synthesis, we continue to strengthen the process development, analytical and manufacturing capabilities required for increasingly complex peptide chemistry.”

“The business mix for the quarter reflected Custom Synthesis contributing 60% of the revenue and Generics accounting for 40%, respectively.”

“Our global nutraceutical business reported a revenue of ₹298 crores compared with ₹250 crores in the corresponding quarter of last year.”

“Beginning with our Generic business, volumes remained stable during the quarter, while pricing continues to reflect competitive market conditions across products and geographies.”

“All I can say is the validations have been completed, and we would be going commercial as and when the qualifications with the agencies are completed.”

“So to answer your question, right, if your question is towards the three major projects where the capex is involved, its three different products completely.”

“So whatever you're seeing right now is a market correction based on the raw material prices that have taken a substantial hit. It's not based on the markets have corrected and the pricing pressure has gone down.”

“I mean we are close to, I would say, 30-year-old company who has been in CDMO. We are one of the first CDMOs in India.”

“It's going to be close to 68% this quarter approximately.”

“At gross level, I would say it was approximately 60% all over the year.”

“We do see the margins slightly higher than the previous quarter. But again, as we always said, there is lumpiness. We always look at year-on-year basis rather than just a quarter.”

“Net material consumption for the quarter was 31.2% of the revenue from operations on a standalone basis, reflecting the continued benefits of our integrated manufacturing model and product mix.”

“And these we are securing at a higher cost to make sure there is no production stoppage and there is no shipments that are delayed to our customers.”

“As of the end of the quarter, cash and cash equivalents stood at ₹3,611 crores, trade receivables were ₹3,056 crores and inventory stood at ₹4,413 crores.”

“we are currently stocking it on a 3 monthly basis. Like any given point of day for the next 3 months, are we secured for our production.”

“some of our projects, new capex projects have gone into validation batches. And even those materials are being reflected in this. So it's a combination of both that you have seen the increase in the stocks.”

“around March is the time when we decided we would be doing the rolling 3 months, and we would secure the material, and that's why we never had a production loss or a shipment stoppage in the last few months.”

“So it all depends on the macroeconomic factors on which we don't have any control on.”

“So in the last few years, as we have been validating and then we have filed about 4 DMF so far with various customers. And these are right now, we have supplied validation quantities to them and they're undergoing qualifications as we speak.”

“One of them actually is trying to look at having exclusivity with us long term. So right now, that negotiation is going on.”

“So on the Iodine-based contrast media, we are in the process of signing long-term contracts with 2 of the customers. And this will be for multiple years.”

“During the quarter, the forex movements resulted in a net forex loss of ₹7 crores compared with a net gain of ₹39 crores in the corresponding quarter of the previous financial year.”

“I wouldn't say that the supply is easily available every day. I would say this that we were proactive in securing the material 3 months in advance rather than procuring it just in time.”

“At the same time, the evolving geopolitical situation in West Asia has introduced additional uncertainty into global supply chain.”

“Freight rates across both ocean and air transportation remained elevated while the availability of containers and ISO tanks continued to require careful planning and coordination.”

“But what I can say is we are completely ready for all regulatory submissions. We are ready for inspection anytime if there is an inspection.”

“the project is on slow phase with them on the Gadolinium side.”

“For the first quarter of FY 2026-27, the Company reported a consolidated total income of ₹3,144 crores compared to ₹2,529 crores in the corresponding quarter of previous financial year.”

“while profit after tax stood at ₹902 crores compared with ₹545 crores in the same period of previous year.”

“Profit before tax increased to ₹1,180 crores compared to ₹733 crores in the corresponding quarter of last year”

“while profit after tax increased to ₹891 crores from ₹557 crores.”

“On a constant currency basis, the standalone revenue recorded a growth of 10% during the quarter.”