Alembic Q2 FY27 Results: Consolidated Net Profit ₹67.57 Crore on Total Income of ₹102 Crore
- Earnings
- Pharmaceuticals and real estate
Reviewed byRachit TripathiBlacklitt Research
Alembic (NSE: ALEMBICLTD) reported consolidated total income of ₹102 crore and net profit of ₹68 crore for the quarter ended 30 Sep 2026, it said in a filing on 06 Nov 2026. Standalone total income was ₹99 crore and net profit ₹67 crore.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹102 crore, down 15.7% YoY and up 86.1% QoQ
- Net profit: ₹68 crore, down 11.2% YoY and up 330.4% QoQ
- EPS: ₹6.34 basic, against ₹5.00 a year earlier and ₹2.53 in Q1 FY27
- Other income: ₹72 crore, 70.6% of total income
Standalone
The company on its own, without its subsidiaries
- Total income: ₹99 crore, down 16.4% YoY and up 91.6% QoQ
- Net profit: ₹67 crore, down 11.4% YoY and up 356.5% QoQ
- EPS: ₹2.61 basic, against ₹2.95 a year earlier and ₹0.57 in Q1 FY27
- Other income: ₹72 crore, 72.7% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 102 | 121 | -15.7% | 55 | +86.1% | |
| Revenue from operations | 30 | 56 | -45.8% | 49 | -37.9% |
| Other income | 72 | 65 | +10.2% | 6 | n/a |
| 68 | 76 | -11.2% | 16 | +330.4% | |
| Profit before tax | 73 | 85 | -14.2% | 17 | +319.6% |
| Finance costs | 1 | 1 | -7.1% | 1 | -13.3% |
| Depreciation | 4 | 3 | +26.2% | 3 | +2.3% |
| Tax expense | 5 | 9 | -40.5% | 2 | +216.5% |
| Net profit margin | 66.38% | 62.97% | +3.40 pp | 28.70% | +37.68 pp |
| EPS, basic (₹) | 6.34 | 5.00 | +26.8% | 2.53 | +150.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit fell less than total income did year on year. Other income of ₹71.55 crore is 98.3% of profit before tax of ₹72.76 crore, so the quarter's profit rests almost entirely on it.
The filing says other income includes dividend income and gain on fair value change of financial assets of ₹68.28 crore. It also reports a share of associate's profit of ₹95.30 crore, which is part of the consolidated figures. The filing does not give the basis of the dividend income, and the reason for the large change in other income between the quarters is not stated.
Tax expense of ₹5.19 crore is 7.1% of profit before tax, which the filing puts at current tax of ₹8.25 crore less deferred tax of ₹3.06 crore. Real Estate revenue from operations was ₹23.45 crore against ₹45.56 crore a year earlier, and the reason for that fall is not stated.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 99 | 119 | -16.4% | 52 | +91.6% | |
| Revenue from operations | 28 | 54 | -48.8% | 46 | -40.2% |
| Other income | 72 | 65 | +10.5% | 6 | n/a |
| 67 | 76 | -11.4% | 15 | +356.5% | |
| Profit before tax | 72 | 84 | -14.4% | 16 | +354.8% |
| Finance costs | 0 | 0 | -17.5% | 0 | -10.8% |
| Depreciation | 3 | 3 | +27.2% | 3 | +2.4% |
| Tax expense | 5 | 9 | -41.4% | 1 | +332.8% |
| Net profit margin | 67.49% | 63.64% | +3.85 pp | 28.33% | +39.16 pp |
| EPS, basic (₹) | 2.61 | 2.95 | -11.5% | 0.57 | +357.9% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone results follow the same pattern. Net profit of ₹67.02 crore is 11.4% lower than a year earlier, while revenue from operations fell 48.8% to ₹27.69 crore and other income rose 10.5% to ₹71.62 crore.
Standalone other income of ₹71.62 crore is 99.4% of profit before tax of ₹72.04 crore. Finance costs were ₹0.33 crore, against ₹0.40 crore a year earlier. Consolidated net profit of ₹68 crore is ₹1 crore higher than standalone, a gap the filing does not explain in the text read.
The auditor's review reports, issued by CNK & Associates LLP, are unmodified. The auditor draws attention to a disputed electricity duty matter in which the company has provided ₹20.52 crore of principal and deposited ₹35 crore with the Supreme Court on 26 May 2023. The appeal has been admitted and the interest is not ascertainable. The filing does not say the amount or timing of any recovery.
Inference
The filing reports dividends paid of ₹61.17 crore in the half year ended 30 Sep 2026, on both a consolidated and standalone basis.
The filing does not state the reason for the large change in other income or for the fall in real estate revenue, and it does not say how the dividend income was earned.
Filed with BSE on . Reference: Original filing (PDF)
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