By: IPP Bureau
Last updated : August 09, 2025 9:08 pm
During this quarter, the company achieved a key milestone of reaching 1,000 DCGI approvals
Akums Drugs and Pharmaceuticals Limited, largest India-focused contract development and manufacturing organization (CDMO), has announced its consolidated financial results for the quarter ended June 30, 2025. This quarter continued to display strong performance with healthy growth in Adj EBITDA and Adj PAT.
In Q1 FY26, Akums reported total income of Rs. 1,051 crore, with healthy Adj EBITDA of Rs.156 crore reflecting a robust 19.1% year-on-year (YoY) growth. The margins improved to 14.8% from 12.7% last year, a 208 bps improvement.
The company reported Adj PAT of Rs. 65 crore in Q1 FY26 as compared to Rs. 57 crore in Q1 FY25.
During this quarter, the company achieved a key milestone of reaching 1,000 Drug Controller General of India (DCGI) approvals, with 27 fresh approvals in this quarter. The DCGI approvals assist the company in enhancing its product mix, building a differentiated and research-driven portfolio. Additionally, the company also received a patent for its extended-release combination formulation of Doxylamine and Pyridoxine developed using the company’s tablet in tablet technology.
As part of Akums’ strategic vision to establish itself as a leading global CDMO, the company received its first European dossier approval for Rivaroxaban. It also filed its first dossier of Dapagliflozin combination in Switzerland. Both these new products hold significant market potential. The commercialization of the European contract continues to be on track and the company will commence commercial supplies from April 2027.
Akums received €100 million as part consideration for the European contract during Q1 of the current financial year. As a result, the company is at a cash surplus of Rs. 1,518 crore. The strong liquidity position provides a robust foundation for Akums to strategically scale up its business operations through both organic growth initiatives and inorganic opportunities.
Akums’ flagship business, CDMO, contributed ~79% to the group turnover with an EBITDA of 14.7% in Q1 FY 26. The company’s domestic branded formulation business segment reported ~3% YoY growth while international branded formulation business grew by ~2% YoY. Trade generics and API segment continue to be in operational loss this quarter, though, through the management efforts, the losses are gradually reducing.
Commenting on the results, Sanjeev Jain, Managing Director, said: “This date marks just over one year since we got listed. We continue to work towards strengthening the organization with a focus on long term growth. Our commitment to becoming a global CDMO player remains steadfast. The recent filings along with the planned global approvals of other facilities are setting up us in that endeavor. "
Sandeep Jain, Managing Director, added: "We continue to deliver strong performance despite the industry headwinds of decreasing API prices and muted volume growth. With a sustained focus on R&D, we have been able to deliver robust growth. Achieving 1,000 DCGI approvals is a key milestone that stands out Akums from its peers, allowing Akums to offer margin accretive differentiated offerings. We remain focused on strengthening our CDMO leadership, scaling high-value capabilities, and driving operational excellence. Backed by a strong pipeline and prudent capital allocation, we are well-positioned to deliver sustainable and profitable growth in the years ahead. "